Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.
* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan…
* How to have a buyer or renter before you even buy property…These are exactly the kinds of deals he does day in and day out. Most ‘investors’ are getting it wrong. It’s not about the property, it’s about the buyer. Buying right and buying cheap is what you’ll do after you have the buyer.
* How to have them already pay you money before you sold them anything…----------------------------------------------------
Hi, it's Lou Brown. I'm back with another of my 101 cash
flow accelerators. Where I'm going to help you to become a multimillionaire in
the real estate business. It's been a fabulous business for me. I love it. It's
been incredible. One of the things we started doing in the last video I was
talking about giving our residents the option to purchase and how that can be
so much better for you. You can end up with a better resident at one point I
want to make about that is we have them pay what's called NROC, Non-Refundable
Option Consideration. What that means is that once they pay that money, and I
want you to understand this, they have purchased merchandise. The merchandise
they purchased is the option to purchase that property, so as a result of purchasing
that option they have paid for that, well when they pay for that.
flow accelerators. Where I'm going to help you to become a multimillionaire in
the real estate business. It's been a fabulous business for me. I love it. It's
been incredible. One of the things we started doing in the last video I was
talking about giving our residents the option to purchase and how that can be
so much better for you. You can end up with a better resident at one point I
want to make about that is we have them pay what's called NROC, Non-Refundable
Option Consideration. What that means is that once they pay that money, and I
want you to understand this, they have purchased merchandise. The merchandise
they purchased is the option to purchase that property, so as a result of purchasing
that option they have paid for that, well when they pay for that.
That's non-refundable. Now as a bonus, as an incentive to
our residents. What we will do is we tell them when you exercise your option to
buy, we're going to give you X dollars towards consideration at the time of
your purchase of the property. In other words, we're going to give them a
credit. Now that credit can either be out of an amount that's equal to what
they paid you originally for the option or it could be some other number. Now
my paperwork allows for that. That's in lease options, volume nine
StreetSmartInvestor.com click on tools open that up. Volume nine is Lease with
the option to buy. One of the things to say about that is that we can both buy
a property with lease with option to buy and we can sell a property with lease
with option to buy. Now we do have different paperwork for each side. All that
transactions are always know that we've got the system separated into two
parts. Buying versus selling. And to give you some documentation, some
protections, some negotiation that can benefit you.
our residents. What we will do is we tell them when you exercise your option to
buy, we're going to give you X dollars towards consideration at the time of
your purchase of the property. In other words, we're going to give them a
credit. Now that credit can either be out of an amount that's equal to what
they paid you originally for the option or it could be some other number. Now
my paperwork allows for that. That's in lease options, volume nine
StreetSmartInvestor.com click on tools open that up. Volume nine is Lease with
the option to buy. One of the things to say about that is that we can both buy
a property with lease with option to buy and we can sell a property with lease
with option to buy. Now we do have different paperwork for each side. All that
transactions are always know that we've got the system separated into two
parts. Buying versus selling. And to give you some documentation, some
protections, some negotiation that can benefit you.
So hopefully this has been of benefit to you. To learn
more about our systems, go to StreetSmartInvestor.com. Definitely want you to
join us at the upcoming Millionaire Jump Start that we do four times per year.
You can learn more about that at MillionaireJumpStart.com hope this has been a
value. Like it. Love it. Share it. And do subscribe. See you soon. Yeah, baby!
more about our systems, go to StreetSmartInvestor.com. Definitely want you to
join us at the upcoming Millionaire Jump Start that we do four times per year.
You can learn more about that at MillionaireJumpStart.com hope this has been a
value. Like it. Love it. Share it. And do subscribe. See you soon. Yeah, baby!
---------------------------------------------------
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