Wednesday, December 2, 2020

More Profit Centers for Realtors


Discover how to start investing in real estate at Millionaire Jumpstart.

* Money Making Secret #1: Getting Motivated Sellers to Call You!
No more calling unmotivated sellers and getting rejected more times than a geek for the high school prom!
I’ll show you how for over 28 years, I’ve been able to get deals brought to me and motivated sellers hunting me down to give me their house.

* Money Making Secret #2: The Art of Structuring Deals!
I’ve been doing this for 40 years and I love to share how I get sellers to give me the house, a check, and even a jet ski or two.

* Money Making Secret #3: Negotiating Secrets Revealed!
I love to negotiate, just ask Matt, one of my hand-picked coaches. We recently went to an estate sale and he witnessed me structuring a deal to buy the house and contents right there on the spot.

* Money Making Secret #4: Trusts Simplified!
A little confused on this entire Trust thing? Why to do it? How to do “Subject-To” safely? I’m going to show you my new fundamentals of Trusts training that will simplify the concept of Trusts, so a 9-year-old child can understand it.

* Money Making Secret #5: Develop a Plan for Success in Real Estate.
The wealthiest man ever to walk the earth left clues for us on how he amassed his great wealth and kept it.

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Call 1-800-578-8580

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https://millionairejumpstart.com/

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Hi! It’s Lou Brown. You know, I’ve been buying, holding, and selling property now for over 40 years. And one of the things I’ve done is worked with real estate agents who have brought me deals. And I thank them. I thank them so much for their efforts because many times they are bringing me wonderful deals where I’m making a beautiful spread and they’re just happy, happy, happy that they’re making their commission. And I look at that and I say, have you ever thought about being the investor? Have you ever thought about getting the tools, the training, the technology and the team to actually being the person that I am? And, you know, one of the things that was a very telling thing for me, as I looked at a closing statement and on that closing statement down here at the bottom, of course it said net to seller, right?

Proceeds to seller. And then on the closing statement, it had the amount that the real estate agent was making. And it was literally a fraction of what we were making on the deal. And I thought, you know, if I open the door and maybe awaken real estate agents, then maybe I can give them a new future, a new way of looking at your life, because if you actually step back from the transactions and maybe you’re one of the people that have helped other people with getting those kind of properties. Now, if you think about it, a traditional real estate agent, if they were thinking about their own account would go ahead and buy that property, they would purchase it and then put it out for rental. And you can do that through the MLS of course. And you can be the property manager on that, maybe your property managing for other people as well.

And so you make that differential between your cost of funds, the amount that you’re purchasing the property for, and maybe you went to the bank and qualified for a loan versus what you rented out for. And that spread. Sometimes that’s a pretty tight little spread, but it sets you up for a future. It sets you up for retirement account, which is something that 1099 real estate agents don’t have, right? There is no retirement account that comes with being an independent contractor entrepreneur, right? We eat what we kill. So, it’s a whole different world as a real estate agent/investor. So imagine that you use the tools and the training that you’ve got as an agent, and now we take it one more step, simply buying the houses right, buying them cheap, but we add some twists to it. For example, one of the ways that I buy properties is I call it the seller is the bank, right?

So the way I’m able to structure it, working directly with the seller is to go through a presentation process that we do. And in that presentation, we also do, what’s called a cost to sell worksheet. Now, as an agent, you’re probably familiar with that. However, our cost to sell worksheet is significantly different than a traditional real estate agent. So when we get down to the final number, if the seller is happy with that, we’re good. We tell them, congratulations! We will buy your house. And if they don’t like the number, we’ve got adjustments right on there that allow me to go back on that cost, to sell worksheet and say, see this amount of money here that I was going to give to someone else, which is called a hard money lender in order to buy your house for cash. I would like to give you that money.

And that means that I’m just going to pay you the differential between what your existing mortgage is. I’m going to go ahead and take over those payments on your existing mortgage and then give you that differential, back. And that means that I’m going to be able to increase my offer price. Now, this is a process that I teach you in one of my classes, but the cool thing is, and I give you the tools to do it with as well. So you’ve got what you need, and I’m going to train you on the step by step process and procedure to do this. But what’s really cool is that you, as a real estate agent, you have another arrow in your quiver. You have another solution that you can bring to the table. And as you know, many times, listings don’t come easily, right? You might be competing with other agents.

You might be doing some additional marketing, additional expenses, some certain incentives to get people to list with you, over other people. Well, the incentive that I suggest that you bring to the table, is you come to your listing appointment and you say, “Congratulations! Mr. And Mrs. Jones, your house is sold today.” And they go, what do you mean? And you say, well, what I’m going to do is make a presentation to you right now. And if that works for you, our company is actually going to purchase your home. And if that doesn’t work for you, not a problem, we’re going to put it out on the market. And we’re going to see what the market says. How does that sound? Fantastic! I’m going to go into my presentation right now. And I’m going to teach you that whole process by the way, that presentation process.

But now you have opened the door, to a complete solution for that seller and for yourself. Because one of the other things that we do, is when we put our properties out on the market, we actually offer them on what we call the path to home ownership. Now, the path to home ownership is different than a landlord would do. So a landlord would put the property out as a rental. And of course, when we put a property out as a rental, what do we attract? We attract people with a renter’s mentality, right? And so the renter’s mentality is you might not get that property back in the same condition that you gave it to those people. And in fact, you probably won’t get it back in the same condition, you’re probably, you don’t to have to do days and weeks, maybe even months of repairs and work to the property before you put it back out again, that’s not what we do.

We offer the property as is in the marketplace. And we give people the opportunity to purchase that home as is, we act as the bank for them. And as a result, we give them credit towards the down payment for the items that they agree to do. Then that’s our work for credit program. And it’s very attractive. And we’re able to attract the right people with the right down payments with the right skill sets to do what we need them to do. And it is a fun process. We really enjoy it. And the thing that you can do is take what you already know, the skills, the resources you already have. And now, you can say, Hey, I’m going to do one more thing now, but I’m not going to burden myself with property management. And I’m not going to assign myself being a “landlord”. I’m going to change that model completely.

And I’m going to do something different. I’m going to offer it, on the path to home ownership. Now, what I suggest is, that you become a certified affordable housing provider. Now that’s another thing that you bring to the market. Another skill that you bring to the table, another distinction of you against a different kind of real estate agent. You can do something more. And also, it’s who you are in the community. You in the community is not just helping people to sell their houses or not just helping somebody with a credit to be able to buy a house. No, you’re bringing something to the community to help everyone in the community, with their desires, with their dreams, with their visions, for their life. Because all those people you’ve been throwing away in the past as a real estate agent, all those people that you’ve been saying, now you go and get good credit.

And when you get good credit, come back and see me. No, that’s a whole different distinction. We say, come on, baby. I got something for you. And these are the people that have down payment money. They have income, but they don’t look good to the banks and the banks don’t love them. Well, let me tell you something. I’m going to teach you how you are going to love those people and how they are going to love you as well, because you’re doing something for them, that nobody else can do. Another distinction of being a real estate agent. So I would say, congratulations! First of all, for making the decision to get into our wonderful world of real estate. Number two, congratulations! For becoming a real estate agent or a broker. Number three, it’s time to take your business to another level. And one of the distinctions and concerns that you should have is your retirement.

That you have a dependable, predictable, monthly income, and the model I just laid out for you absolutely works. It is an awesome thing. Many about 60, some percent of the people that learn from me are licensed agents. And so I strongly encourage you to get into our world. Strongly, encourage you to check me out and check out www.CertifiedAffordableHousingProvider.com , www.CertifiedAffordableHousingProvider.com and call our number +1 800-578-8580. Get registered for my next www.WealthBuilderWorkshop.Online Let me show you, how we take title to property? First of all, how we resource our buyers in the first place, we actually find people that have down payment money that have good income, but maybe less than perfect credit. And then we show them the type of property that they are saying that they want. Now you, because you’re attached to the MLS, you have the ability to go in there and pull out properties that can work.

And I teach you that whole process as well. And then we make a presentation directly to the seller. And yes, you’re going to do that with the cooperation of the listing agent. So this all works for properties that are in the MLS right now. And I’m going to teach you other ways that you could find deals that are not in the MLS. We call them stealth deals, deals that nobody else knows about no competition deals. And these are not for listing purposes. These are for buying purposes. So I’m going to teach you that process, but definitely check us out. And I look forward to seeing you at my next, www.WealthBuilderWorkshop.Online Or my next Millionaire Jumpstart Event. Look forward to seeing you there. Yeah, baby!

Tuesday, December 1, 2020

Overcoming Business Challenges

https://www.powerpodcasters.com/overcoming-business-challenges/

Biggest challenges to success…

1) Comfort Zone – No sense of Urgency

No BURNING Desire

2) Fear – of failure, success, unknown

Paralysis Analysis

Paralysis Analysis

3) Lack of Belief in oneself

Constantly questioning

Giving up

4) No Plan of Action – No Strategy

No Consistency

No Persistence

5) No Coach, guide, mentor

6) Not taking responsibility for your own life.

Blaming others and other things

Not accepting/taking control

7) No Team / Doing everything yourself

Take our other courses:

Business Networking for Success and Company Growth: Part 1

https://www.udemy.com/course/business-networking-1/?referralCode=E64BBA725082511DAA24

Business Networking for Success and Company Growth: Part 2

https://www.udemy.com/course/business-networking-for-success-2/?referralCode=71FCC844DF1154F93150

Business Networking for Success and Company Growth: Part 3

https://www.udemy.com/course/business-networking-for-success-3/?referralCode=EC4ED406E574E0DC9571

Business Networking for Success and Company Growth: Part 4

https://www.udemy.com/course/business-networking-for-success-4/?referralCode=C9AF5EA39006452920AC

Business Networking for Success and Company Growth: Part 5

https://www.udemy.com/course/business-networking-for-success-5-influence/?referralCode=918C0F510FAD89C30132

Business Networking for Success and Company Growth: Part 6

https://www.udemy.com/course/business-networking-part-6-persuasion-strategies/?referralCode=B3C3D651EBE8595DC0FD

Business Networking Part 7 – Success is in The Follow Up

https://www.udemy.com/course/business-networking-7-success/?referralCode=091C2A9521B6298D298B

Business Networking Part 8 – The Follow Up Plan

https://www.udemy.com/course/business-networking-part-8-follow-up/?referralCode=4D60500409CF3CCA897B

Business Networking Part 9 – Attracting Your Ideal Client

https://www.udemy.com/course/business-networking-part-9-attracting-your-ideal-client/?referralCode=EC10166FFCBCBCD5FC93

The Obvious Secrets To Success No One Knows

https://www.udemy.com/course/success-secrets-coach/?referralCode=7DB34499E8E3009E7603

Living Your Dreams With Unstoppable Passion

https://www.udemy.com/course/draft/3004208/?referralCode=4CAE3580BFD32B0F1C6E

#ScottPaton #BusinessSuccess #Mindset #ChaffeeThanhNguyen

 

Randy Lawrence | Florida Mastermind


Randy Lawrence quickly joins Bill Fairman and Jonathan Davis from Carolina Capital.

Randy shares his thoughts and takeaways as he just leaves a conference. It is an interesting take which you should tune in to right now.

Carolina Capital is a hard money lender serving the needs of the “Real Estate Investor” and the “Small Builder” borrower who is striving to build wealth and generate income for themselves and their families. We offer “hard money rehab loans” and “Ground up Construction Loans” for investors only in NC, SC, GA, VA and TN (some areas of FL, as well).

As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.

Subscribe: http://thealternativeinvestor.libsyn.com/rss Visit our website: https://carolinahardmoney.com YouTube Channel: https://www.youtube.com/channel/UCYzCFOvEt2n9TchgECLwpww/ Facebook: https://www.facebook.com/CarolinaHardMoney/

Listen to our Podcast:

https://thealternativeinvestor.libsyn.com/randy-lawrence-florida-mastermind

#HardMoney #RealEstateInvesting #mortgage #privatelending #affordableHousingloans #realestatefinancing #northcarolinahardmoneylenders #southcarolinahardmoneylenders

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Bill Fairman (00:00):
I got Randy Lawrence that popped in to say hello.

Jonathan Davis (00:09):
Hey Randy!

Randy Lawrence (00:09):
How’s it going? Good to see ya.

Jonathan Davis (00:14):
Good to see you, man!

Bill Fairman (00:14):
What we keep on hearing was hassling us out here on the balcony.

Randy Lawrence (00:18):
Exactly. Wendy sent me yesterday over here to hassle Bill. She said, Hey, he’s recording on the so I got to pop in and give him a hard time and say hello to everybody.

Bill Fairman (00:29):
So. All right. So what’d you get out of the event? What was your biggest point?

Randy Lawrence (00:33):
The biggest point for me, I think was looking at one of the guys talking on the sales training, Eric, and then the question is, you know, who’s my Eric? And so having that person that is helping to elevate the game macro level for the company, you know, cause we had had a COO person before. Really wasn’t the right fit and we’re in the process of hiring another person so it just really reinforced to me that’s it’s just such a critical piece for a company and, you know, and then the other part was Jocko with just the ownership, right? You’ve got to own it and so often it is easy for us to, you know, blame a team member. And again, maybe they did drop the ball but ultimately that we handed off correctly.

Bill Fairman (01:18):
Right. And then the thing about if you blame them, they’re immediately going to get defensive, right? So instead of blaming them saying, I’m sorry that it was my fault for not giving you the instruction that you needed to complete the task and then 99% of the cases they’re going to step up and say, no, I should have made sure I had the proper information for view and then they ended up blaming me up too.

Randy Lawrence (01:39):
And I’ve seen that, but you get into the heat of the moment and you’re like, man, get that crap fixed you miss that. And that’s not really the effective approach and so, you know, just really focused.

Bill Fairman (01:53):
Well you can move that over to a boss where he makes you change your tones and then lead the conversation in that direction.

Randy Lawrence (02:03):
It’s funny because we do our team meeting with all of our team members on Monday and my construction manager who oversees residential and commercial, we had history review coming up so we were talking in that very thing cause I was asking him about how do you see my posture in that meeting? And he’s like, well, no, you seem still, you know, I can can tell something’s aggressive and detergent, but you’re very calm, you know? So again, and that’s an effective approach for sure because it’s like still people are understanding the urgency or the need to get it done, but it’s not maybe as, where it’s soliciting that defensive response of engagement.

Bill Fairman (02:39):
You still have to be able to portray a sense of urgency because it is urgent.

Randy Lawrence (02:46):
You know, the funny thing is like, so I ran the church before and that was all volunteers and so you’re engaging volunteers differently than employees but on the same level, you have to engage the employee and in a willing way, you know, so it was, it’s been a great event and getting to see you guys in person. I know we did the zoom before but seeing you and Wendy and everybody else is awesome.

Bill Fairman (03:07):
So, all right. So Randy, real quick before I put you out the door.

Randy Lawrence (03:10):
Yup. Down to the pool, love!

Bill Fairman (03:13):
So Randy is involved in multi-family and I know he has a fund himself and he has several properties that he usually gets fund investors to come in to help them finance those. Tell me the name of your, or tell them the name of your business and how folks you can get in touch with you.

Randy Lawrence (03:32):
Prosperity Capital Partners. Our website is www.pcpre.net. And you can check us out there, love to connect together with you as well.

Bill Fairman (03:46):
All right, so I’m not, I don’t want to sell Randy Short. He also does other things than just multi-family. He’s been through single family a long time as well.

Randy Lawrence (03:59):
We’ve been in the real estate since ’03. I appreciate you guys and just love connecting together with all the folks here and, and you know, again, you went in the entire team is great people and so it’s awesome.

Bill Fairman (04:09):
Thank you, your check is in the mail.

Randy Lawrence (04:12):
There you go. Hey, I guess my drink is at the bar, so I’m heading down to the pool, or down Ah! Down there. Okay. All right. Hey everybody, have a great day.

Bill Fairman (04:23):
Thank you.

Jonathan Davis (04:23):
Good to see you, Randy.

445 - How Government Programs Destroy Financial Prosperity


Chris Miles wants to talk about something that is timely with the elections coming up. He feels like this is an important issue to tackle, the “principles” behind what a government should be.

It is no secret that Chris is definitely in favor of the conservative and libertarian type of approach when it comes to government. He sees how money, government, and prosperity as people work together. For him socialism and communism destroy.

This country was founded on principles and strategies to ensure we have the greatest chance of financial prosperity as a country.

So the question is, “Why do governments destroy financial prosperity?”.

http://moneyripples.com/ https://www.blogtalkradio.com/moneyripples https://www.twitter.com/chriscmiles https://www.facebook.com/moneyripples

Listen to our Podcast:

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Hello! My fellow Ripplers! This is Chris Miles, your Cash Flow Expert and Anti-Financial Advisor. Guys, I’m welcoming you out for a wonderful show, that’s for you and about you. Those you work so hard for your money. You’re now ready for your money to start working harder for you today. You want that freedom. You want that cash flow, right? You want that prosperity now, not 30 or 40 years from now. Not someday if you’re lucky, but today, guaranteed. That’s real tangible results. That is why you’re here. That’s the kind of “Ripple Effect” I’m here to create. And I’m excited because as Ripplers for you guys, you are actually Ripplers too. As you create something a bit different for yourself and something more, you create a “Ripple Effect” in your own lives and you can bless more people, bless your families and make a bigger difference. Guys, thank you for allowing me to create that “Ripple Effect” through you and the thousands of you that have been following and sharing and bingeing.

Thank you so much for being a part of this. Here’s a reminder, check out our website at MONEYRIPPLES.COM Now there’s a great blogs and podcasts on there, but you can also go to our YouTube channel and subscribe the Money Ripples with Chris Miles channel. Go there. You can find other episodes they’re available for you too. So check it out. So guys, I want to talk about something that is, I think, timely with the elections coming up and everything else, you know, I feel like we got to talk about something that’s so important. And the problem is we’re getting these, you get this left and right debates going on, right about what government should be. And nobody really talks about the principles behind it. I mean, there are people out there, right? But it’s so rare. You see it most of the time, you just make people look like they’re crazies on both sides of the spectrum.

And the truth is, yeah, there is a lot of craziness on both sides of the spectrum, whether you’re left or right. You know, and there’s no secret here that I’m definitely more favor and more conservative, more libertarian type of approach, right? When it comes to government and how it works. Because again, I see how governments and money and prosperity as a people work together. And definitely on the other side, it doesn’t work like socialism, communism does destroy. And that’s why we’re talking about today is really like Why the Governments Destroy Financial Prosperity? Right? not that they have to, in fact this country was founded on principles and even on certain strategies to ensure we have the greatest chance of financial prosperity as a country. And we proved that. I mean, we created a revolutions with the kind of model that we were able to create as such a baby of a country.

I mean, with really a bunch of people that were broke, perhaps, you know, there were broke poppers in some ways, but I’ll tell you the founding fathers, when they created this country, they were incredible because unlike us, I mean, one, they fact checked by reading books and they read books from the sources. They had to know multiple languages, understand that even the guys like Benjamin Franklin, he was traveling to France. Not because he was just, you’d like French women. Okay. He did too. But the guy spoke French, right? They spoke Latin based languages, lots of them. And they read these books from these things and they wanted to know the greatest societies. What kept them going? They will, if you guys ever studied this stuff, it’s incredible to know how intelligent these guys were and how with Google, we are some of the dumbest idiots in the world right now.

In history we’re some of the biggest morons because we have access information, but we don’t look for truth. We’re looking for information. But again, you get so much dumb information out there that it doesn’t matter, but these guys, they founded this country based on truth. The whole reason we’re a Republic versus a democracy is for a very specific purpose. You know, Hey, it’s smaller States. You might be living a smaller state right now. You better thank the founding fathers for creating a Republic, because if it were a democracy, you know what we care about. You Miss, you know Little Ms., Little Mister Rhode Island or Little Miss Massachusetts, no one cares about you and the North, much of you in the Northeast. No one cares about some of you guys that are in the West like Idaho and Wyoming, Montana. We don’t care about you. You don’t have any population.

Your democracy doesn’t count, but because we have a Republic, it does, right? These things are all done intentionally on fully intentional so that we can have more prosperity. And they studied the best of, you know, the, what am I looking for? Civilizations. They studied Rome, The Rise and The Fall. What was the cause of the fall but also the rise of Rome? They looked at even Ancient Israel, the days of Moses and Joshua, they looked at that kind of government and that kind of system to see what made it prosper. There were looking at the Anglo-Saxons back in like around the Sixth Century A. D.. You know out there like in Europe, they were looking at all these societies of the ones that were the, really the strongest and the most prosperous. And they wonder what they had in common. And our whole country is based on that.

So guys, I challenge you study what the founding fathers done and the constitution, everything else, but this is what also, they were not intending. They never intended governments. To come in with their own little programs to help you become prosperous, right? They had three main roles. You know, if you’ve heard this over and over the right to “Life, Liberty and the Pursuit of Happiness”, if you go back right to life is of course the fact that people can’t threaten death on you, you know, now that doesn’t mean you can break the law. This is not anarchy. Like some people think that the, those on the right will think, right? It’s like, “you have anarchy, no government”, no, you don’t want no government. You want minimal government, but not no government. You still need the government to protect rights. For example, for life that you protect your life, that you protect your liberty, right?

That there you actually free from slavery. And yes, we had slavery. That was a big debate. Even when the founding fathers are doing it. And they had to kind of table the idea for a whole another generation. Right? So “Right to Life, Liberty and Pursuit of Happiness”. That doesn’t just mean you’re frolic along in the forest and be like, yeah! I’m free! I’m happy! No, that was actually “The Pursuit of Property”. If you look at the actual meaning of that, if you look at what some of the founding fathers said, that was the right to property, because back then they didn’t have right to property. They had asked for permission from England to give it to them. And that’s the only way they can get actual land rights. You know, of course the land wasn’t theirs anyways, but they had to ask for permission from a King to give them rights.

You know, they wanted a free prosperous country where through your own prosperity, you could also have your own rights. So anyways, so I’m coming back to these government programs, right? Well, how do they destroy financial prosperity? Let me give you a very easy example. And I know you guys, I’ve heard examples like these, not just this one alone, you’ve heard probably plenty of these, example one, here, well this is my big example. I remember my father, he many guys don’t know, but he worked as an Auto Part Salesman, you know, for really 30 plus years, 30, 40 years, he did that with a few different companies. He didn’t get to work for the 40 years. Like he was hoping for like his generation was told to do. He was the forefront of the baby boomers, almost the prime lifers that time.

Anyways so he, so yeah, he worked for those companies and he did auto auto parts sales and stuff. And he would go to a lot of dealerships or some mechanic shops. And when he was doing his routes, there was one guy that was a Mechanic. Well, he eventually left that place and started work for the government. This is a friend of his that he also hung out with outside of work. Well, that friend went to work for a government agency as a mechanic, Auto Mechanic. The first day on the job, this guy gets there. He starts knocking out. He starts repairing all these vehicles like police vehicles and everything else to start knocking them out. Just like you would with a normal mechanic shop, right? By the way, think about when you go to mechanic shop, you want to done, well, you want it done fast.

You want it done at a reasonable price. Right? Well he got called into his boss’s office at the end of that first day. And the boss said, Hey, do you like your job? Yeah. You want to keep it? Yeah. Then slow down. You need to stop doing what you’re doing. He’s like, I’m just doing my job. I’m fixing these vehicles. Stop it. He’s like, if you start doing your job too fast, we don’t get money from the budget. And if we don’t get money from the budget, I guarantee I’m not laying myself off. So guess who gets laid off? It’ll be you. So stop it. So this guy had to undo all of his patterns of doing quick, awesome work. He had to start slowing down and start taking his time, taking lots of extra breaks, doing things at a very slow pace so that their department will keep get, well, continue to get funding because they’re based on these budget systems, right?

This is basically government as a whole. Anything, the government touches gets more expensive. Let me repeat this. “Anything the Government touches gets more expensive”. Let me give me more examples. Most recently Obamacare, right? The affordable care act. Have you noticed that your insurance premiums, if you don’t have an employer paying a lot of money for it, if you are the employer, or if you have to get your own policies, you already know this to be true. And you’re not getting a bunch of subsidies from the government because you’re not making enough money. You realize that these premiums have skyrocketed, right? Skyrocketed now someone might say, yeah, but there are few percent of people that couldn’t get insurance and it might be you, Hey, at least now we can get insurance again. You’re right. It’s good that you can get something, but guess what? That’s not the reason why the premiums skyrocketed.

That’s part of the reason they had to go up just to account for people that were uninsurable before. Right? The real reason is because the government has stepped in, create a whole bureaucracy, which by the way, increases our taxes because we’ve got to have all these government employees overseeing this program in this marketplace that even worked for a few months. If you remember, that was a nightmare trying to even go in the marketplace. And then of course was to do it causes the insurance company to jack-up everything too. And so they jack-up their rates who lost here? It wasn’t the government. It was us. We lost because the government stuck their noses in places they don’t belong. They don’t belong in stupid places like this. Again, that’s not the right to life, Liberty and pursuit of happiness and the right to life and health insurance.

No, that’s dumb by the way, life insurance is at least guaranteed. Why don’t we have life insurance covered? Oh, that’s the next government program, you know, dumb, you know, another example, State of Hawaii. I remember back in 2006, you know, I was starting to like really understand this stuff. I remember Hawaii said, they’re going to put price caps of $4 a gallon on gasoline. Guess what? The government had to go in and make sure they babysat it, causing them to add more taxes. That fuel pump. Guess what? They surpass the $4 a gallon cap almost immediately. Guys, like if you haven’t seen this before, all these extra programs are ridiculous. They don’t work. Here’s the challenge I’ll give you, go to YouTube. Look, look like a guy named Milton Friedman, right? Milton Friedman look him up. Especially when he went on Donahue.

If he has remembered the old talk show, host Donahue, this kind of dates me a little bit. Cause I remember sitting there watching it with adults and it was boring. But anyways, this one’s pretty interesting. Milton Friedman, he was on Donahue. He started talking about, and Donahue was very like very outspoken. Like we was in favor of these government programs, the socialism, while Milton Freeman saying, we got to cut at least half of these different departments get cut them, get rid of them, lower the taxes. Let the people prosper by the way. I loved not this last time, but well, I guess it was the previous election. When they’re talking about having the flat tax rate. I don’t know if you guys remember that. The guy that was the owner of the pizza place, I’m trying to remember his name offhand now, but he actually proposed a 9% flat tax.

I am totally in favor of that. Even more so than what the Trump tax plan did, because if you noticed your tax rates go higher, as you go up in income, what does that incentivize you to do? Not make more money? Does it because of You’re like, Oh, if I make more money and I hear it from clients all the time, if I make more money, I’m going to get taxed more. I mean, not to mention, I mean, you get to keep more too. Right. But they’re like, Oh, but that bumps me in another tax break and then, all that money I make now it’s at 34% or 36% tax or whatever it might be. And right now it’s a low, well, yeah. That’s not much of an incentive, but if we kept the flat, the tax flat, flat, right? If it were, say it was even 12%, let’s say it’s 12% for everybody.

Everybody had to pay 12% to taxes. Let’s just say that was the number. Right? Guess what would you care about making more money? No, the fact is you’d be incentivized to want to make more. Cause you get to keep more. Now they’ve reduced it as you went higher. See, that’s the thing in bad politics because you reducing on the rich makes it look evil. So they got to tax the rich more to make people feel good. But the real truth is that if you actually incentivize lowering taxes if you’ve made more money, you would be shooting for making more money. And you here’s the thing as you prosper and you make more money, you still have to pay more taxes than people that don’t make money. So as you’re interested to make more money, you still have to pay more taxes. Even if you’re in a lower bracket.

Yeah. As you go up. So if it’s flat tax, same thing, you still have an incentive. You’re still going to make more money. That’s not going to repel or pulse you anymore. You want to keep making more because the taxes won’t go up on you now. I’m not running for office. I know it’s a brilliant idea, but that’s why the idea could work. It’s based on self-interest human behavior, just humans, basic psychology. Instead of going from the psychology of the people that are saying, Hey, it’s not fair the rich, make more money. Hey, the rich are the ones paying all your freaking taxes, right? I’m paying way more tax than all you guys are. Okay. I can’t say all of you, some of you’re probably paying more than taxes. Some of you were unnecessarily paying more taxes than you should be, but I’m paying a lot more taxes than most of the country right now.

And that’s even with all my write offs and benefits and everything else. But guys like that’s the thing is that when governments steps in, they try to control stuff and they try to do these little programs and welfare programs instead of letting people choose for themselves, by the way people. I know, I give more than 10% of my income away to charities. I don’t mind doing that. I actually I like doing that. Don’t force me to do it. You know, if the government has to force you by the muzzle of a gun, right? To say, listen, you need to pay this or else. That’s it. By the way, another great book. Another great resource is a book by a guy named Ezra Taft Benson. He was actually the Department of Agriculture Head, back in the, I think it was Eisenhower days. He has a book called very tiny book called The Proper Role of Government.

That one changed my perspective. A big time. He mentioned, he said, Hey, say you were a particular person. You didn’t have money. You were hurting for money. You go to your neighbor and you ask them, Hey, can you give me money? Now asking for it’s one thing right? Asking for free will. But if you had to say, I’m coming over with a shotgun and I need you to give my money. By the way, in the book, The Law by Frederick Bastiat, Frederick actually says that’s called “legal plunder”, right? Legal plunder, you’re legally robbing people saying, Nope, I’m going to force you. Now. You might say the IRS won’t kill you. They don’t throw you in debtors prison. No, but what if you refuse to pay tax and you just kept refusing, refusing, and then they say, Hey, you know what? We need to do something.

And you’re like, I’m going to completely rebound and try to flee the country. And they try to capture you right? Or whatever it might be. You know, they’re still gonna try to imprison you if you try to get away with it at some point. And if you try to refuse imprisonment or refuse arrest, guess what? You will get killed. There will be a gun in your face. That’s what I mean by that. You’re trying to say like, I really want you to do it. No, actually I’m requiring you to do it. Give me that money. If you can’t feel in good conscience, go to your neighbor and do that. That’s not the right thing by the way. Now, what if you went to that neighbor said, listen, Hey, we need to fix our roads here.

Hey, can you pitch in and put in some money here? In fact, we need everybody to pitch in and put some money in because this is all our road. Would you feel as guilty about that? No. If you’re like, Hey, I need to make sure I have health insurance. Give me the money now. Guys, that’s not it. That’s not how you have a free and prosperous society, a free and prosperous society requires freewill. And yes, it requires government to protect the rights and make sure that nobody crossed the boundary where they’re stealing from you lying, hurting you, trying to kill you. All those other things, right? That shouldn’t happen. We need a society that allows us to be free, to prosper. According to the desires we have. And when a people wants to prosper and continue to grow and prosper, then everybody does. By the way, last example, France, talking about governments, getting in the way, France is a big one.

You know, everybody talks about socialism is amazing. Well, France, what happens if you have more than 50 employees, 50 or more employees, actually, what happens is you actually start getting all these extra benefits like coming out of your pocket. So what a French companies do they stop at 49. They refused employ more. By the way, Europe has a horrible unemployment rate, especially for those coming out of college. Right? And they’re supposed to have free equality for all. But here’s the thing at 49. They have to stop. Now, If they have to keep growing, what do they do? They go open up in Germany. Instead they say, I’m going to go for Germany because at least I won’t have to pay all these extra benefits. Guys. It’s all about self-interest again. You can have good self-interests there’s greed out there. I don’t doubt that. And I believe that people should be protected from people that are doing bad things.

Hey, I think the financial advising world know, even though it’s being regulated, I think it should have some sort of regulations or at least some things that are maybe it’s overly regulated. Maybe it’s not, I mean, that’s debatable, but the truth is that even those that are aligned with those regulations still doesn’t stop them from being a jerk or not doing the right thing for you. Right? So that’s the thing is like governments are necessary, but we don’t need humongous governments protecting and trying to dictate our entire lives. That’s not the way that we were raised to be a bunch of pansies, a bunch of wimps that can’t take care of ourselves, that we have to go to the government to do it. And by the way, I’ve used welfare before I’ve had help before I’ve got, I’ve had my church helped me before, when I went through the recession before, I had to get help, you know, guys, but that’s, again, that was voluntary money that wasn’t like, you know, again, forcing people to give it, by the way, I’ve more than paid back that money since, in different charities and offerings to help pay that back.

The money that they helped me with. That’s the thing guys, is that, you know, I loved the movie Cinderella Man. I love that he actually went into the Social Security Office and paid the money back. I’m not saying you have to do that guys. But I liked that mental attitude that, Hey, this is not my money. I need to prosper as well. I need to prosper off of my own genius, my own accord and that guys, that’s where you have a free and prosperous and happy society, same way. As I challenge you to really think of that and consider that as you’re moving to the election booths, then in the coming weeks here, because we do not want people that are trying to build a bigger government to babysit us and pamper us like a bunch of little whiny babies. We need to be grown-ups. We need to adult ourselves. We need to be real prosperous people. Cause there’s no hope of prosperity if we don’t believe in that first. So guys, I challenge you to do that. Live that example, to become free yourself, make it a wonderful day and a prosperous week! We’ll see you.

8 - What is a Price lift offer?


The third of the five offers we make is called the price lift offer. So, what exactly is this?

In certain situations, sellers can’t accept cash or cash plus offers because it doesn’t take care of their financial needs. With a price lift offer, we establish a partnership between ourselves and the seller.

We will basically come in as a partner to rehab the property and then sell it on the open market.

All the profit is then split between us and the seller.


For more details and information, you can visit our website at: 

https://www.effortlesshomebuyers.com/


Fernando O. Angelucci is Founder and President of Titan Wealth Group. He also leads the firm’s finance and acquisitions departments. Fernando Angelucci and Steven Wear founded Titan Wealth Group in 2015, and under his leadership, the firm’s revenue has grown over 100% year over year. Today,

Find out more at
https://www.TheStorageStud.com
https://titanwealthgroup.com/

Listen to our Podcast:
https://thestoragestud.podbean.com/e/effortless-home-buyers-what-is-a-price-lift-offer/

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Now we're moving on to the third of the five offers that we make to our sellers, which is called the Price Lift Offer.


So in certain situations, the sellers are unable to accept our Cash or a Cash Plus Offer because it just doesn't take care of their financial needs, maybe their mortgage is higher than our offer and they don't want to pursue a short sale of any kind. This is when we decide to use the Price Lift Offer. How the Price Lift works? This is actually a partnership between the seller and our company. What we end up doing is we'll come into a partnership. We will go ahead and rehab the property as your partner, we will pay all the funds to rehab that property and then sell it on the open market to a homeowner. So how that works is then we split all the profit.


So how the profit is aligned or how it's affixed to the seller and to us is first, the offer that we make to the seller all those proceeds will first come out and go to pay off any type of mortgage there is on the property. Then, the next set of funds go out to pay the difference between the mortgage and what we initially offered the seller on our Cash Plus Offer. Then after that additional funds go out to pay for the construction, then go to pay for the holding cost and then finally to pay for the selling costs. And at the end of all of those costs being deducted, then there's profit left over that profit is split 50/50 between the seller and Effortless Home Buyers to allow you to walk away with more cash in your pocket than the Cash or the Cash Plus Offer.


Now with the Price Lift Offer, the timeline is not as fast. So instead of taking 30, 45 or 60 days to close, it may take up to 6 or 9 months. And the reason why is we have to close on the property, we have to then go ahead and start the rehab process, which depending on the severity of the repairs needed, it could be anywhere from 2 weeks, all the way up to 6 months. And then at that point, then we need time to market the property, we'll stage it, we'll take photos, we'll put it on the MLS and then we'll start marketing for a homeowner that wants to live in that property. Then once the homeowner says, yes, I want to buy this property. They go under contract with us and then it might take another 30 to 45 days for their lender to approve the deal and close. So all in all the Price Lift process may take anywhere between the 6 to 9 months, but we'll put substantial more cash in your pocket than say, the Cash or the Cash Plus Offer.