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How to Make Money in Real Estate

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How to Make Money in Real Estate



I have one simple question for you- are you tired of watching others make money?

There really are phenomenal opportunities all around you RIGHT NOW if you know where to look.

Here are just a few of the things I want to share with you....

$ Finding Bargain Properties
$ Conducting a Property Analysis: How to Identify Good DEALS.
$ Conducting a Location Analysis: Location, Location, Location!
$ Conducting a Market Analysis: How to Find the SWEET SPOTS!
$ Conducting a Fina 111f51b ncial Analysis: The Numbers wont Lie.
$ Funding Bargain Properties
$ 50 Nothing Down Strategies: No Cash No Credit No
Problem!
$ Setting up your contracts
$ Options and Subject to Clauses: The Ultimate Leverage.
$ Farming Profits
$ Renting. Creating Passive Income that flows 24/7.
$ Flipping: $10,000 to $20,000 profit every time.
$ Investing in Foreclosures and Flippers. The Ultimate Bargains.
$ Tax sheltering
$ Asset Protection: Protecting your Assets.

Please don't just sit there! Do something to change your way of life for the better. Here is the perfect opportunity.

I have already helped thousands of people achieve their financial dreams and because of your desire to make more money I know I can help you too.

My name is Robert Allen.

I'm the author of two of the largest selling financial books in history; both #1 New York Times best sellers--read by millions of people in the past 20 years.

My current best-selling audio program from Nightingale/Conant is entitled Multiple Streams of Income: How to generate a Lifetime of Unlimited Wealth.

103,000 people attended my $500 weekend investment seminars in the 80's.

20,000 people attended my $5,000 week long Wealth Training in the 90's.

Thousands of them are now financially free.


NOW its your turn...

Have you ever seen a Bargain Home and Waited to Act?

Then 6 Months later Saw That same Home creating Unlimited Streams of Income for some other Invester!

Millions of Dollars are floating all around you right now! It could be the home selling at the end of your street! That home at the end of the block could be your next ticket to FINANCIAL FREEDOM. There are Hundreds if not Thousands of Homes in your immediate area waiting to create you UNLIMITED STREAMS OF CASH right now.

With a little know how and some experience YOU COULD GET A PIECE OF THE PIE

You don't have to live from paycheck to paycheck for the rest of your life! You don't have to retire broke. You don't have to believe that It takes money to make money or That the rich get richer and the poor get poorer or even that Money Talks.

You can MAKE IT financially.

But lets face it, in order to make it financially, your going to have to become a life long investor. There just isn't any other way. The lottery isn't going to bail you out.

But with a some help from someone who KNOWS THE SYSTEM you can do it! Would you like to know it? Let me explain...

First! The Bargain Finding Funnel


There are actually nine excellent ways of finding once in a lifetime deals. Imagine a real estate money machine. At the top of the machine, chunks of raw ore are being delivered by conveyor belts to the first of several collecting bins. This ore is processed, and the refined ore drops through to the next lower processing bin, where it is again processed and funneled to the next level.

Finally, out of the last processing bin comes the final product...beautiful polished diamonds. Raw ore at the top. Finished stones at the bottom. your finding system is a similar process: putting lots of ore (raw leads) into the top of the machine and refining (or qualifying)these leads until you have an accepted offer on a fabulous bargain property.

There are nine sources of information for finding highly motivated sellers (or, to use our analogy, nine conveyor belts brining raw ore to the machine).

1. Newspaper classified ads
2. Realtors and real estate agents
3. Your own sphere of influence
4. Focused wandering around
5. Banks and lending institutions
6. Your own ads
7. Direct mail
8. Investment clubs, associations, and exchange groups
9. Other professionals

Each of these nine sources can provide you with raw ore for your machine to process. And there are four steps to the processing. Let me give you an example.

Its pretty simple, actually. But not easy. The difficulty comes in the processing because very few leads turn into diamonds. But as long as you are willing to keep processing leads through your machine, you will eventually win.

It's a numbers game---like diamond mining. You run a ton of gravel through your machine in order to find a sparkling diamond.

There are four major guidelines to follow when using this system:

Let your fingers do the walking


Never look at a property until you have scored it and believe it has the potential of being a good deal. You don't have time to waste on unmotivated sellers and uncreative real estate agents.

Never fall in love with a property


Remember you're going to have to sell that property one day. Make it easy on yourself; buy it right on the front end.

Never be afraid to ask sellers questions about their property


Even if the questions seem probing. For example, ask the seller, "If you don't mind me asking, what do you plan on doing with the proceeds from this sale?" In other words, what are you going to do with the money? It would be very helpful to you, as a creative problem solver, to know the answer to this question.

Remember, the first person to mention a number loses


When asking the seller questions on the phone, try not to mention numbers yourself. Always let the seller tell you the numbers. It could save you thousands of dollars.

If a property scores well in your phone analysis, you'll want to do a physical inspection. When you inspect a property, you verify all of the data you took over the phone.
You verify the neighborhood. You verify the price. You verify the condition of the property, the financial details, and the seller's flexibility. It's one thing to score a property over the phone, sight unseen, and another to physically walk through the unit.

By the way, I always recommend that before you buy you look in your Yellow Pages and enlist a reputable property inspection company to go through the property to do a thorough report.

They'll check things like plumbing, electrical, roof, foundation, and many of the details that you would most likely miss. It's worth a few hundred dollars it will cost you. But always try to have the inspection done before you negotiate, but you should at least make your offer contingent on or subject to the inspection. If the inspection uncovers a lot of problems, you may decide at that time to back out.

After you've completed your physical inspection, if the property still scores well on your Bargain Finder form, then you're ready to go to the next step.

Second you will want to Funnel the Properties through the following analysis's listed below:


1.Market Analysis

2.Location Analysis

3.Structural Analysis

4.Financial Analysis

5.Seller Analysis

To view Property Analysis Chart Click Here.

If the property scores Favorable then you can move to the next step in the system which is....

Thirdly: Creatively Funding the property by drawing upon the following 9 sources:

The Seller

The Buyer

The Real Estate Agent

The Renters

The Property itself

The Hard Money Lenders

The Holders of Underlying Mortgages

The Investors you may know

The Partners you may have

Options

From these 10 sources we have created over 50 Nothing Down Strategies. These Nothing Down Strategies are HIGH LEVERAGE moves designed to help you close your deals. Click here to get the 50 nothing down strategies.

What I have briefly described is just the overview of my SUCCESSFUL SYSTEM.

Follow your intuition, do what you feel is right, and lets go to work!!!


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