Triple Your Income
We can spend our lives making a living or we can choose to make some real money.
They don't take time and spend their lives walking over the dollars to get to the dimes.
Oh sure, you've decided to either increase your income on a part-time basis or you've quit your job and taken the full-time plunge.
All that means is you've decided to take control of your own financial future and make things happen.
Most people get started in real estate and learn one or two ways to make money.
Then they spend ten or twenty years doing the same stupid things over and over.
Oh sure, most make good money and others do exceptionally well.
Most are so content making a good living that they miss the most profitable part of the business.
Let's look at the big picture and what you can do to triple your income in the next twelve months.
There are four basic ways to profit as an investor.
The ways have several offspring and variations, but these are the big four (assuming you're not holding for the long term).
Wholesaling is finding bargains and quickly passing them on to bargain hunters.
The house usually needs to be rehabbed and the buyer is willing to do the rehab.
The buyer then retails to the consumer or lives in it.
The profit comes from doing a simultaneous closing with the buyer who brings to the closing a few thousand dollars more than you agreed to pay the seller.
Many of my students make over $20,000 per month doing nothing but wholesaling.
Retailing is getting the same houses fixed up and sold to owner/occupants through new financing.
Most beginners look at investing through this window.
Conventional wisdom says the way to make money is to either buy, fix, and resell or to keep and rent.
If you've ever heard me speak, you know how I feel about conventional wisdom.
But you see, is something you'll never learn from conventional wisdom that can only come from a battle-scarred warrior who's learned the hard way.
This one lesson alone could make the difference between success and failure.
Do not do any repairs or become a long-term landlord your first year in business.
Before you do, let me make my case and see if you agree with me.
Retailing is a lot of work and takes time.
You have to buy the house, raise the money, hire a contractor, and then the hard part--find a qualified buyer.
The only real reason to own rental property is to build wealth.
Take care of today's cash flow needs before worrying about getting rich.
Let's get the bills paid and get out of debt before we start building an empire. "
I'll create a cash flow I can live on in my early days as a landlord."
If you think this is the case, take a current landlord to lunch and ask him/her where all the money goes from rentals.
Learn the ropes before you take an ugly seminar.
Give yourself a year to learn the which components make a good "keeper."
If you don't, your education will come from all those investors who bought incorrectly and are trying to sell you their stupid mistakes.
The lesson holds true whether you retail a house or rent it.
Both are good reasons for getting in the business, but neither is a good place to start.
You must expand your horizons; take off the blinders.
Lease options deal with pretty houses in lovely neighborhoods in all price ranges.
They have nothing to do with contractors, raising money, and taking big risks.
They're fast, relatively easy, and produce just as much money, or more, as retailing houses.
Most investors let these go by because junkers are all they can see.
Another solution is creating no-qualifying financing.
Between these two you can literally do many times the deals you're currently doing and probably not need to generate any more leads.
Most of your income should come from pretty houses.
The big money is in the art of creating Multiple Offer Strategies, not fixing houses.
That's why you're shooting yourself in the foot every time you let a potential pretty house deal go by because you never learned how to capitalize on it.
Your job is to take information you get from the seller and create as many solutions as possible to solve his/her problems and create a profit center for you.
You could easily make $250,000 per year from their leftovers.
I don't care how hard you work at the wholesale and retail business, you can never reach your full potential.
No matter how good you get with junkers, you'll never make more than 30% of your potential.
The junker business revolves around low-price properties, while the pretty house business has no upper price cap.
I prefer the higher prices.
It just stands to reason when you deal in bigger dollars, more of them will be left over for you.
When you get paid from wholesaling or retailing, you get one check and you're out.
They create multiple streams of income that keep coming in, whether you're still out there working or not.
The part of the market that provides the biggest supply of houses warrants the most attention.
When you learn to capitalize on the big supply, not just the uglies, your income will skyrocket.
Yes, I know it sounds like I have something against the junker business.
Several years ago I discovered the rest of the story and took off my blinders.
What the heck, you're making more than you did in your old job.
When you get out of bed in the morning you're already at the office.
I have too many students making too much money to accept anything less.
If you've been dealing in junkers for a while, the answer is yes.
It will take a while to learn the business, but it's worth it.
His experiences include personally buying and selling over 1,600 single family houses and completing over $300,000,000 in Commercial Property deals with student partners all over America.
He’s obtained current real estate developments across America with market values exceeding two billion dollars, all under his control.
His properties include office buildings, industrial, commercial, mixed use and residential land development, luxury condominiums, marinas, etc.
For the last 20 years he’s been helping thousands of ordinary people take their lives back and create financial freedom by implementing his systems for success as real estate investors.
He spends much of his time passing on his experience at those live training events, held in various parts of the country, while simultaneously running over ten different business he owns and controls.
Ron LeGrand's 41 year marriage to his wife Beverly has produced four children, nine grand children, and two great grand children.
No part of the publication may be copied or reprinted
Get Out of Your Comfort Zone and Make Some REAL Money
It Takes Money to Make Money and Other Big Lies
They don't take time and spend their lives walking over the dollars to get to the dimes.
Oh sure, you've decided to either increase your income on a part-time basis or you've quit your job and taken the full-time plunge.
All that means is you've decided to take control of your own financial future and make things happen.
Most people get started in real estate and learn one or two ways to make money.
Then they spend ten or twenty years doing the same stupid things over and over.
Oh sure, most make good money and others do exceptionally well.
Most are so content making a good living that they miss the most profitable part of the business.
Let's look at the big picture and what you can do to triple your income in the next twelve months.
There are four basic ways to profit as an investor.
The ways have several offspring and variations, but these are the big four (assuming you're not holding for the long term).
Wholesaling is finding bargains and quickly passing them on to bargain hunters.
The house usually needs to be rehabbed and the buyer is willing to do the rehab.
The buyer then retails to the consumer or lives in it.
The profit comes from doing a simultaneous closing with the buyer who brings to the closing a few thousand dollars more than you agreed to pay the seller.
Many of my students make over $20,000 per month doing nothing but wholesaling.
Retailing is getting the same houses fixed up and sold to owner/occupants through new financing.
Most beginners look at investing through this window.
Conventional wisdom says the way to make money is to either buy, fix, and resell or to keep and rent.
If you've ever heard me speak, you know how I feel about conventional wisdom.
But you see, is something you'll never learn from conventional wisdom that can only come from a battle-scarred warrior who's learned the hard way.
This one lesson alone could make the difference between success and failure.
Do not do any repairs or become a long-term landlord your first year in business.
Before you do, let me make my case and see if you agree with me.
Retailing is a lot of work and takes time.
You have to buy the house, raise the money, hire a contractor, and then the hard part--find a qualified buyer.
The only real reason to own rental property is to build wealth.
Take care of today's cash flow needs before worrying about getting rich.
Let's get the bills paid and get out of debt before we start building an empire. "
I'll create a cash flow I can live on in my early days as a landlord."
If you think this is the case, take a current landlord to lunch and ask him/her where all the money goes from rentals.
Learn the ropes before you take an ugly seminar.
Give yourself a year to learn the which components make a good "keeper."
If you don't, your education will come from all those investors who bought incorrectly and are trying to sell you their stupid mistakes.
The lesson holds true whether you retail a house or rent it.
Both are good reasons for getting in the business, but neither is a good place to start.
You must expand your horizons; take off the blinders.
Lease options deal with pretty houses in lovely neighborhoods in all price ranges.
They have nothing to do with contractors, raising money, and taking big risks.
They're fast, relatively easy, and produce just as much money, or more, as retailing houses.
Most investors let these go by because junkers are all they can see.
Another solution is creating no-qualifying financing.
Between these two you can literally do many times the deals you're currently doing and probably not need to generate any more leads.
Most of your income should come from pretty houses.
The big money is in the art of creating Multiple Offer Strategies, not fixing houses.
That's why you're shooting yourself in the foot every time you let a potential pretty house deal go by because you never learned how to capitalize on it.
Your job is to take information you get from the seller and create as many solutions as possible to solve his/her problems and create a profit center for you.
You could easily make $250,000 per year from their leftovers.
I don't care how hard you work at the wholesale and retail business, you can never reach your full potential.
No matter how good you get with junkers, you'll never make more than 30% of your potential.
The junker business revolves around low-price properties, while the pretty house business has no upper price cap.
I prefer the higher prices.
It just stands to reason when you deal in bigger dollars, more of them will be left over for you.
When you get paid from wholesaling or retailing, you get one check and you're out.
They create multiple streams of income that keep coming in, whether you're still out there working or not.
The part of the market that provides the biggest supply of houses warrants the most attention.
When you learn to capitalize on the big supply, not just the uglies, your income will skyrocket.
Yes, I know it sounds like I have something against the junker business.
Several years ago I discovered the rest of the story and took off my blinders.
What the heck, you're making more than you did in your old job.
When you get out of bed in the morning you're already at the office.
I have too many students making too much money to accept anything less.
If you've been dealing in junkers for a while, the answer is yes.
It will take a while to learn the business, but it's worth it.
His experiences include personally buying and selling over 1,600 single family houses and completing over $300,000,000 in Commercial Property deals with student partners all over America.
He’s obtained current real estate developments across America with market values exceeding two billion dollars, all under his control.
His properties include office buildings, industrial, commercial, mixed use and residential land development, luxury condominiums, marinas, etc.
For the last 20 years he’s been helping thousands of ordinary people take their lives back and create financial freedom by implementing his systems for success as real estate investors.
He spends much of his time passing on his experience at those live training events, held in various parts of the country, while simultaneously running over ten different business he owns and controls.
Ron LeGrand's 41 year marriage to his wife Beverly has produced four children, nine grand children, and two great grand children.
No part of the publication may be copied or reprinted
Get Out of Your Comfort Zone and Make Some REAL Money
It Takes Money to Make Money and Other Big Lies