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Case Study: Half Million Dollar La Jolla Condo For Only $30 Out Of Pocket

Posted by justin_lee | Posted in Case Study, Cash Buyers, content, deal splits, Luxury Homes, making offers, preforeclosure, Q&A, real estate investing, Short Sale Flips, short sales, teleseminar, training, Uncategorized | Posted on 31-03-2011

This past Tuesday night I held my Foreclosure Master’s Coaching Club monthly call.  For only $7.95 to get started (and then a measly $49.95 per month thereafter) there’s no question that it’s the best value for those looking for help with their real estate investing business.  On Tuesday’s call I reviewed my day, which consisted of:

1. A BPO for another short sale deal that we’re working on, where I met the appraiser (who was actually a W2 salaried employee of Bank of America) who told me that my offer price of $460,000 “sounds about right for this property” (SMILE!).  During Tuesday night’s call I also reviewed some basic but important things that you have to do ANYTIME you go on a BPO appointment.

2. The fact that we closed on a half million dollar condo in La Jolla, CA, and to close the deal I came out of pocket $30. This is a renovation/flip deal in which I have a partner on the deal.

3. LIVE Q&A and answering of questions by people (note that if you want to join my Foreclosure Masters Coaching Club, you get to chat with me live, 1-on-1 about your real estate investing business. This is the last time I’ll mention it’s only $49.95 per month. You can get a trial membership for only $7.95 here: www.BestForeclosureSystem.com/oto)

I decided to post the audio replay to the this month’s coaching call, because it was full of great information, and I want you to see how you can personally get on the phone with me once a month and get your real estate investing questions answered.  You can listen to this month’s training call here.

On the coaching call this past Tuesday night I outlined (VERY QUICKLY) how we structured the La Jolla deal, and then answered a few questions. However it dawned on me that a LOT of people in our community (even the ones who aren’t in my Foreclosure Masters Coaching club) might want to learn more about how this deal was structured, and how I can close on a $500,000 property with only $30 out of pocket (and NOT flip it right away, but hold it so we can do the renovations and make a $125,000-140,000 profit on the backend).

Oh yeah, and I’m not doing ANY of the work related to the rehab (my partner is doing it ALL).

So what I’m going to do is host a special teleseminar (audio only) next week to break down this deal.

Here’s what we’re going to cover on this special “Case Study” teleseminar:

- You’ll get to meet the person who FLIPPED the deal to me.  (I was actually the “CASH” or “C” buyer on this deal).
- He’s going to break down how he found it, how he negotiated it, and how he flipped it to me.
– He’ll share with you why I was the PERFECT buyer for this deal.
- I’ll share with you how I got the cash for this deal (hint: private money).
– I’ll tell you how I structured the deal so I only had to put $30 into it.
- I’ll let you know how I structured the partnership with the person who is going to do 100% of the rehab work on the property.
– I’ll share with you some killer resources and ideas for how you can raise private money (for your own deals).
- I’ll talk about how having access to private money TOTALLY changes the way you can approach real estate investing, making offers, and closing on deals that you never could have in the past.

All of the call-in details can be found here: http://instantteleseminar.com/?eventid=18763446

Make sure to add this to your calendar. You can put questions in the chat box on the teleseminar page, and we’ll also take LIVE Q&A questions about how we structured this deal on the call as well. Go here now to get all of the details on this free, live, “case study” training call: http://instantteleseminar.com/?eventid=18763446



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Best Bonus Package For Bob & Ed Diamond’s Commercial Wholesaling System

Posted by justin_lee | Posted in Attorney, Commercial Real Estate, Q&A, real estate investing, training, video, webinar | Posted on 08-03-2011

Over the past couple of weeks we’ve been emailing you about some great videos from my friends Bob & Ed Diamond about how anyone can do commercial real estate investing.

Since their program opened for registration earlier this week many of you have been asking me what kind of bonus package I’m going to offer, if at all.

Well I decided to offer a single bonus, that will help you explode your commercial real estate investing business (or any business for that matter), and I recorded a quick video about it for you:

Here’s what you should do next:

1. Watch the video in this blog post (it describes my bonus package and a few important items about things that you need to know about commercial real estate investing).

2. Register for our special, LIVE Q&A training that we’re doing with Bob & Ed Diamond this Thursday, March 10th at 5pm PST/6pm MST/7pm CST/8pm EST right here: https://www2.gotomeeting.com/register/718841355

3. Prepare a list of questions for Bob & Ed and attend the call promptly. To give you the BEST questions to ask, I would advise attending one of their webinars that they are holding between now & then. To select the time most convenient for you visit this webpage and register: http://www.xbankattorney.com/a?p=jl&w=pw

4. Clear your calendar on join us on Thursday night, March 10th at 5pm PST/6pm MST/7pm CST/8pm EST by registering here: https://www2.gotomeeting.com/register/718841355

That’s all for now. I hope you’re excited about the LIVE Q&A call on Commercial Real Estate Investing & also the incredible bonus package we put together for you.



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The Two Most Recent Short Sales We’ve Flipped (Proof)

Posted by justin_lee | Posted in Case Study, Cash Buyers, content, foreclosure, r.e. investing, real estate investing, seasoning, Short Sale Flips, short sales, video | Posted on 17-02-2011

Recently we’ve sent our email subscribers lots of information about 2 important subjects:

1. Furthering your short sale education AND

2. Finding cash buyers

I wanted to illustrate this point even further by showing you copies of the last 2 checks that we’ve collected THIS MONTH (February 2011). You’ll have to remember that the name of my company that flips houses is called JL Investing, LLC. With that being said, “check” these out:

Now first let me point out to the you that the check for $119,941.56 isn’t the NET profit on that deal. The actual net profits, once private lenders were paid off, was about $33,000.

But the second check, the one for $35,100 was 100% profit (we assigned the short sale to a cash buyer, and never even closed on it).

So why I am posting pictures of checks here on my blog? To brag? Not in the least. In fact, if you’ve been reading my blog you know that I pretty much never flaunt checks in your face. I don’t need to. However, because of what’s going on RIGHT NOW, I felt like showing this proof was important, for the following reasons:

1. Both of these deals were short sales. Both of these deals came from a “secret source” that I’ll be sharing with others for the first time ever, LIVE, on stage (I NEVER speak on stages) next weekend at a short sale investor event. The event is being held by my friends Sam & Mike, who might just be the BIGGEST short sale investors here in San Diego (they closed 24 deals in the past 2 months). I live in the same city as Sam & Mike, so to “compete” with them I need to find deal sources that they don’t know about.

Like to learn this “secret” deal source? Come and spend the weekend with me, Sam, Mike & the nation’s #1 short sale attorney, Ron Ballard, in Los Angeles February 25th-27th. You can register for the event for only $17 by visiting this special webpage.

2. Both of these deals were flipped to cash buyers. I didn’t have to mess around with retail buyers, hoping they could get financing. I had no seasoning issues, and on the deal where the check is for $35,100, we didn’t even close on the property! That’s our assignment fee. But the key to the deal was having cash buyers (a different cash buyer on each deal) who could close! To get a FREE list of cash buyers in YOUR area, right now, head to this special webpage. It’s part of some really great videos some friends of mine are giving away. The bottom line is, you NEED cash buyers, and this website is the fastest, quickest, easiest & cheapest way to get them.

Some of you had problems accessing your list of cash buyers, so I even made the following quick instructional video for showing you EXACTLY how to get your list. The short 6 minute video is here:

How To Find Cash Buyers For Your Real Estate Investing Business

That’s all for today. I hope that this blog post has inspired you to do 2 things:

1. Come out to LA for what promises to be the best short sale investing event of 2011 (February 25th-27th) and discover what this “secret strategy” is (and how I’m getting these juicy short sale deals) AND
2. Download your FREE list of cash buyers right now!



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Posted by justin_lee | Posted in Uncategorized | Posted on 17-02-2011

Recently we’ve sent our email subscribers lots of information about 2 important subjects:

1. Furthering your short sale education AND

2. Finding cash buyers

I wanted to illustrate this point even further by showing you copies of the last 2 checks that we’ve collected THIS MONTH (February 2011).  You’ll have to remember that the name of my company that flips houses is called JL Investing, LLC.  With that being said, “check” these out:

Now first let me point out to the you that the check for $119,941.56 isn’t the NET profit on that deal.  The actual net profits, once private lenders were paid off, was about $33,000.

But the second check, the one for $35,100 was 100% profit (we assigned the short sale to a cash buyer, and never even closed on it).

So why I am posting pictures of checks here on my blog? To brag? Not in the least.  In fact, if you’ve been reading my blog you know that I pretty much never flaunt checks in your face.  I don’t need to.  However, because of what’s going on RIGHT NOW, I felt like showing this proof was important, for the following reasons:

1. Both of these deals were short sales. Both of these deals came from a “secret source” that I’ll be sharing with others for the first time ever, LIVE, on stage (I NEVER speak on stages) next weekend at a short sale investor event.  The event is being held by my friends Sam & Mike, who might just be the BIGGEST short sale investors here in San Diego (they closed 24 deals in the past 2 months). I live in the same city as Sam & Mike, so to “compete” with them I need to find deal sources that they don’t know about.

Like to learn this “secret” deal source? Come and spend the weekend with me, Sam, Mike & the nation’s #1 short sale attorney, Ron Ballard, in Los Angeles February 25th-27th.  You can register for the event for only $17 by visiting this special webpage.

2.  Both of these deals were flipped to cash buyers. I didn’t have to mess around with retail buyers, hoping they could get financing.  I had no seasoning issues, and on the deal where the check is for $35,100, we didn’t even close on the property!  That’s our assignment fee.  But the key to the deal was having cash buyers (a different cash buyer on each deal) who could close!  To get a FREE list of cash buyers in YOUR area, right now, head to this special webpage.  It’s part of some really great videos some friends of mine are giving away.  The bottom line is, you NEED cash buyers, and this website is the fastest, quickest, easiest & cheapest way to get them.

Some of you had problems accessing your list of cash buyers, so I even made the following quick instructional video for showing you EXACTLY how to get your list.  The short 6 minute video is here:

That’s all for today.  I hope that this blog post has inspired you to do 2 things:

1.  Come out to LA for what promises to be the best short sale investing event of 2011 (February 25th-27th) and discover what this “secret strategy” is (and how I’m getting these juicy short sale deals) AND
2.  Download your FREE list of cash buyers right now!



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Video- How To Get A FREE List Of Cash Buyers In Your Area

Posted by justin_lee | Posted in buyers, content, free tools, real estate investing, sell property fast, training, video | Posted on 16-02-2011

Some of the most common complaints (or fears, depending on how you look at it) I hear from new or “up and coming” investors are:

“I’m worried that I won’t be able to find a buyer for my property” or
“There are no cash buyers in my area” or
“No one is buying real estate right now.  I won’t be able to get rid of this property”

Nothing could be further from the truth!

Here’s a video showing you EXACTLY how to get a FREE list of cash buyers in your local area:

How To Find Cash Buyers For Your Real Estate Investing Business

Here’s the page you go to so you can create your own personal list of cash buyers: www.REIMarketingTips.com/cashbuyers

Once you pull this list you’ll know:

1.  WHO the cash buyers are in your area (they’ll want to buy YOUR deals, as well, if they’re priced right).
2.  If there are ENOUGH cash buyers in your area to make it worth your while to try and find deals there (you might need to try another area).
3.  WAY more than your competition, (who are posting bandit signs & talking to tire kickers who aren’t “really” cash buyers).

So, what are you waiting for?  The instructional video above shows you EXACTLY how to pull the list.

Here’s the webpage you’ll want to visit after you’ve watched the instructional video: www.REIMarketingTips.com/cashbuyers

Feel free to leave me a comment as to whether or not the video, or the free access to cash buyers was helpful.



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This Free Tool Gives You Instant List Of Cash Buyers In Your Area…

Posted by justin_lee | Posted in Uncategorized | Posted on 16-02-2011

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Hey

I got the ultimate hook up for your real estate investing
business:

A database of cash buyers, for you, for FREE:

http://xk1.net/b_136311_129119

Just go to the page, make sure you "register", and then
you will be emailed a username & password.

Once you get this, you can search for your cash buyers by
county.

I just did this for San Diego, and got over 8800 cash buyers
(searching from June 2010 through today).

That’s a TON of buyers!

Grab your list here:

http://xk1.net/b_136311_129119

I’m really not sure how the heck these guys swung getting
this info (and giving it to you for FREE no less), but I would
hurry up and grab my list before they take this page down:

http://xk1.net/b_136311_129119

You simply MUST get this information if you’re serious about
being a real estate investor.

Talk soon,

Justin

PS- DO NOT delay.  "I don’t have any cash buyers" is the #1
complaint I hear from investors trying to get started in the
business or take it to the next level.  Get this information NOW:
http://xk1.net/b_136311_129119

1685 H. St., #679

Blaine, WA 98230

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Get A Free Trip To Las Vegas & A Full Rebate On Foreclosure Auction Quick Cash

Posted by justin_lee | Posted in foreclosure, Foreclosure Auctions, Interview, real estate investing | Posted on 31-01-2011

On Tuesday, February 1st Foreclosure Auction Quick Cash is going to re-open again for less than 24 hours.

Due to credit card declines and some duplicate orders, they will open up at 12pm EST (9am PST) to let people get in on the action. You can check it out here: http://www.1shoppingcart.com/app/?Clk=4097006

One VERY important thing that I want to remind everyone is that a few weeks ago I sent out an email letting people know that there was a way to get the entire trip to Las Vegas for the free event (your airfare, hotel, shows, meals, etc) all paid for.

You do have to prove that you have a minimum of $40,000 to invest, but if you have that kind of cash, you can get the entire system for free. One of the members of the REIMarketingTips community, Peggy, took us up on that very generous offer.

However, she did have some questions, so we got on the phone with Ron Hillman who is doing the “Buying Tour” part of the event and Peggy got all of her questions answered. I recorded it for you, and you can listen to it here.

Ever if you don’t have $40,000 to invest in Las Vegas foreclosure properties, you can still get in on the action making $3,000-7,000 every week by flipping properties at the courthouse steps.

Chris & Nathan have the blueprinted system to show you how to do it, and on Tuesday, February 1st at 12pm EST (9am PST) you can still get a copy: http://www.1shoppingcart.com/app/?Clk=4097006

Finally, as I mentioned above, the course comes with a live event in Las Vegas, NV. Dreama and I will be there in attendance, and we would love to meet up with you! Make sure you come up and say hello at the event.

Also, if you’re serious about investing in Las Vegas foreclosure properties, MAKE SURE you listen to this audio recording between myself, Ron & Peggy: http://instantteleseminar.com/?eventid=17387778.

Also don’t forget that you still get ALL of my bonuses if you claim your copy of Foreclosure Auction Quick Cash during this re-open:

Insane Bonus #1: FREE Foreclosure Blog set up for you.  All you have to do is pick a website name, and my developer will build you your very own blog so you can quickly and easily post all of your deals to it.  Do this so your blog can: A) prove to cash investors that you have real deals available for them and B) build your buyers list of new cash buyers even faster.  Note that one of the bonuses that comes with the Foreclosure Auction Quick Cash system is a video presentation called “The Credibility Booster Sales Presentation”.  Imagine having this video put DIRECTLY into your very own blog!  Now you can, and for free, when you purchase through my special link.

Insane Bonus #2: Free 60 minute bonus mastermind call with Justin.  You’ll get 60 minutes 1-on-1 with me to help you through any part of your real estate investing business.  Free bonus webinar revealing all of the tricks and tools to quickly and easily find all of the passive cash buyers in your area who are looking to acquire more properties.

Insane Bonus #3: Free bonus webinar revealing all of the tricks and tools to quickly and easily find all of the passive cash buyers in your area who are looking to acquire more properties.

Insane Bonus #4: Free trial in the Foreclosures.com members area so you have access to ALL of the data on every foreclosure in your county.  This is the perfect supplement to whatever data your county does (or does not) provide online.

Insane Bonus #5: FREE set-up for your very own SaveMeFromForeclosure.com territory in your county making you the foreclosure prevention expert AND giving you INSTANT credibility and also a perfect track record with the Better Business Bureau!



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Foreclosure Auction Quick Cash Q&A With Barney Killinger

Posted by justin_lee | Posted in content, foreclosure, Foreclosure Auctions, r.e. investing, real estate investing, replay, training, video, webinar | Posted on 21-01-2011

Earlier today I got Barney Killinger of Foreclosure Auction Quick Cash fame on the line to get him to answer any and all questions people had about making big cash in foreclosure auctions.

Watch the replay of this training below.

Remember that you can get started with Foreclosure Auction Quick Cash for as little as $397 since they introduced a 3 pay option earlier today.

Also, if you get stared using this special link, you’ll be eligible to receive all of my bonuses, (simply the BEST bonus package available for Foreclosure Auction Quick Cash) which I’ve also listed again below the video.  Enjoy the replay of the Q&A session with Barney!

Insane Bonus #1: FREE Foreclosure Blog set up for you.  All you have to do is pick a website name, and my developer will build you your very own blog so you can quickly and easily post all of your deals to it.  Do this so your blog can: A) prove to cash investors that you have real deals available for them and B) build your buyers list of new cash buyers even faster.  Note that one of the bonuses that comes with the Foreclosure Auction Quick Cash system is a video presentation called “The Credibility Booster Sales Presentation”.  Imagine having this video put DIRECTLY into your very own blog!  Now you can, and for free, when you purchase through my special link.

Insane Bonus #2: Free 60 minute bonus mastermind call with Justin.  You’ll get 60 minutes 1-on-1 with me to help you through any part of your real estate investing business.  Free bonus webinar revealing all of the tricks and tools to quickly and easily find all of the passive cash buyers in your area who are looking to acquire more properties.

Insane Bonus #3: Free bonus webinar revealing all of the tricks and tools to quickly and easily find all of the passive cash buyers in your area who are looking to acquire more properties.

Insane Bonus #4: Free trial in the Foreclosures.com members area so you have access to ALL of the data on every foreclosure in your county.  This is the perfect supplement to whatever data your county does (or does not) provide online.

Insane Bonus #5: FREE set-up for your very own SaveMeFromForeclosure.com territory in your county making you the foreclosure prevention expert AND giving you INSTANT credibility and also a perfect track record with the Better Business Bureau!



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24 Hours only: FREE Online Foreclosure Auction Mini Course!

Posted by justin_lee | Posted in Uncategorized | Posted on 19-01-2011

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Hey

I got something cool for you, but it’s only available
for the next 24 hours!

It’s a COMPLETE free MINI-Course for Foreclosure Auction
Quick Cash:

http://xk1.net/b_133125_125714

Here’s the catch though…it’s only available for the
next 24 HOURS ONLY!

Then it’s gone.

Click on the link NOW to catch it while you can:

http://xk1.net/b_133125_125714

This amazing course is jam-packed with over 4 Hours of
solid content, designed to get you making money fast…

It’s important you start bringing in cash as soon as
possible. And you’ll be stunned how quick it will happen,
if you follow the simple step-by-step procedure.

So be prepared to get a great education.

And it’s not going to cost you one cent!

But you MUST get there quick… because the course gets
taken down in 24 hours.

Hurry up,

Justin

P.S. Chris & Nate just posted the last video. Now the
no-cost Foreclosure Auction Quick Cash MINI Course is
available — AT NO COST — but for 24 hours ONLY! Click the
link to see it now, before it gets taken down:

http://xk1.net/b_133125_125714

P.P.S I’m still hosting a webinar tonight at 5pm PST/8pm EST
Register for it here: http://xk1.net/b_133125_125715
 

1685 H. St., #679

Blaine, WA 98230

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Your 2011 Goal Setting Guide For Your Real Estate Investing Business

Posted by justin_lee | Posted in Business building, Goal setting, real estate investing | Posted on 03-01-2011

Last week Dreama and I sat down and came up with our goals and our plan for all 3 of our businesses that we run.  In this blog post I’m going to go into more details about how we planned for our real estate investing business for 2011.

So here is the exercise that we did for each company.

First, for each company, we come up with goals.  In our real estate investing business it’s a number of houses that we want to flip.  In our other companies, it’s a certain amount of revenue we want/expect to do in 2011.

We review what we did in the past year, and then we come up with 3 numbers:

1.  Need
2.  Target
3.  Goal

“Need” is the bare number that we NEED to hit.  This is our “can’t miss” number that we need to maintain our existing lifestyle.  The second number is our “Target”.  This is the number that based on our existing business, what we have in the pipeline, and what we did last year, we expect to hit.  Finally, we have our “Goal” number.  This is what we’re aspiring to do, sell, close, etc.

Our “Goal” number is always aggressive, but it should be.  If we hit our goals, we’ll be incredibly happy and 2011 will be our best year ever.  If we fall somewhere between our “Target” and our “Goal” numbers, 2011 will still be an outstanding year.

For example, in our real estate investing business, our goal this year is to do $250,000 in PROFITS in 2011.  That means closed deals, minus all expenses, our goal is to put $250,000 in our pockets (or just over $20,000/month).  If we don’t hit this goal, but only hit our target (what we EXPECT to close, at a minimum), we’ll still be just fine.  (Remember, our home flipping business is only 1 of 3 businesses that we currently run).

After we completed our “Need”, “Target” & “Goal” numbers for each company, we then moved on to writing down a number of new projects that we’d like to accomplish.  However, for these, we only made a list of projects to get done in the first half of the year.  Many of these projects are directly associated with specific interns, who will be helping us accomplish all of these.  These projects are not only going to help our interns get great experience, but also help us get more sales, more leads, more revenue and more profits for our companies in 2011.

After we did this exercise for all 3 of our companies, we then sat down and wrote our personal and family goals.  This is everything that we want to accomplish both individually, and a family in 2011.  For example, in the last half of 2010 I lost over 20 pounds.  My goal for 2011 is to keep my weight under 190 pounds.  We also made it a goal to take a trip once a quarter to further “explore” Southern California as a family and not get stuck in a rut doing the “same old thing” every weekend.

Now, most importantly, all of these goals have been PRINTED OUT and will be hung on the wall in our office.  This ensures that we see them every day, and the time we spent coming up with our goals wasn’t just a futile exercise to make us feel good about ourselves.

Anyway, it’s just a quick blog post to let you know how we planned out our 2011.  There’s many different ways to set goals for yourself.  We’d love for you to leave a comment and let us know what you did to plan out 2011.

And if you haven’t done anything yet for planning 2011, take our model and try it out!  Hopefully it works for you!

Go ahead and leave a comment and let us know what your goals are for 2011, we’d love to hear them!



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