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…
* How to have them already pay you money before you sold them anything…
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.
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Hi! It's Lou Brown. I'm back with another of my 101 cash
flow accelerators to help you build an amazing and highly profitable real
estate business. And one of my favorites is what we're going to talk about
right now. It's called "Work for Equity". AKA Work for Credit. And
what happens is that when people come along in our world, we give them the
opportunity to do some, all or none of the repairs to the property. So what
happens is instead of going in and doing a full blown renovation, we offer our
clients the opportunity to earn credits towards their down payment or move in
fee. And as a result of that, then they're able to save money. And more
importantly, they're able to choose what they would like to do with the home.
That means their colors. You know, probably when you moved into your house, you
changed the colors on the walls, guess what they want to do exactly the same
thing.
flow accelerators to help you build an amazing and highly profitable real
estate business. And one of my favorites is what we're going to talk about
right now. It's called "Work for Equity". AKA Work for Credit. And
what happens is that when people come along in our world, we give them the
opportunity to do some, all or none of the repairs to the property. So what
happens is instead of going in and doing a full blown renovation, we offer our
clients the opportunity to earn credits towards their down payment or move in
fee. And as a result of that, then they're able to save money. And more
importantly, they're able to choose what they would like to do with the home.
That means their colors. You know, probably when you moved into your house, you
changed the colors on the walls, guess what they want to do exactly the same
thing.
Why would you care what color they paint the walls, if
they're getting credit and if they're doing it while paying you rent? Yeah,
baby. And sometimes people move in. Honestly, their intentions are good and
they don't actually do the work. Well, they not only in my world sign an
agreement, but they also get a credit in the form of a promissory note. So we
go ahead and give them credit. Now they sign a promissory note for the amount
they owe if they don't do the work. If they do the work, we satisfy the
promissory note. Everything's good.
they're getting credit and if they're doing it while paying you rent? Yeah,
baby. And sometimes people move in. Honestly, their intentions are good and
they don't actually do the work. Well, they not only in my world sign an
agreement, but they also get a credit in the form of a promissory note. So we
go ahead and give them credit. Now they sign a promissory note for the amount
they owe if they don't do the work. If they do the work, we satisfy the
promissory note. Everything's good.
Now, understand when you go into this world, Work for
Equity, then there's different disclosures you need to do. There's different
paperwork you need to have. So we have a separate kit just for this
opportunity. And it's a big one folks, because I promise you. Imagine that you
could have a business where you don't have to go in and paint and clean and fix
and do all these stuff that other landlords have to do. We don't do that. We
give our client the opportunity. They love it! It's a great cash flow
accelerator. Keeping money in your pocket right, is the same as making money.
And this is money. You don't have to try to get back from when somebody moves
in because it's still in your pocket. And they love you for it as well.
Equity, then there's different disclosures you need to do. There's different
paperwork you need to have. So we have a separate kit just for this
opportunity. And it's a big one folks, because I promise you. Imagine that you
could have a business where you don't have to go in and paint and clean and fix
and do all these stuff that other landlords have to do. We don't do that. We
give our client the opportunity. They love it! It's a great cash flow
accelerator. Keeping money in your pocket right, is the same as making money.
And this is money. You don't have to try to get back from when somebody moves
in because it's still in your pocket. And they love you for it as well.
So check out my Work for Equity Kit at
StreetSmartInvestor.com That's a great cash flow accelerator. Yeah, baby! See
you soon.
StreetSmartInvestor.com That's a great cash flow accelerator. Yeah, baby! See
you soon.
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