I'm writing this to you from the beautiful beaches of Siesta Key, FL where Joanna and I are this week taking a break. I've been thinking how grateful I am for the ability to step away from my investing business and enjoy time away.
I used to think that I was the key ingredient in making everything happen. Boy, did I have that wrong. Over the years I've heard a similar question from some of my wealthier clients... usually it's something like this:
"Peter, I followed your advice and now I'm making more money than I know what to do with... now my problem is I'm way too busy and feeling pretty stressed out."
After finding out more about my clients business and lifestyle I recommend 4 or 5 things to make life easier for them. ( I also realize that when I give advice, I need to make sure that I follow it myself!)
Here's My Number One Recommendation:
Hire A Personal Assistant.
"Bravo Peter!" I can imagine you saying... "Help me make a ton of money and THEN I'll hire a personal assistant AND a butler."
But what if you could get a personal assistant that DIDN"T COST YOU ANTYHING?
Have you ever felt like you could make three times more money if you just had more time to get things DONE?
Are you tired of your business's growth being held back because of all the nagging calls to make, errands to run, and neverending little tasks to perform?
Most investors know how to buy and sell, but find that real estate has taken over their free time and is running them ragged. This is stressing you out AND it's costing you DEALS!
Alan Brymer is a friend of mine who has perfected the process of cutting your working hours by 50-80%, while doing more deals with less hassle, by using a virtual assistant.
Friday, June 26, 2009
Private Lender Money
Quincy Long of Entrust Texas delivered an informative presentation on last night's
conference call. He revealed two of the best ways to find private lenders who are
ready, willing, and able to fund your real estate deals quickly.
Quincy is always such a wealth of knowledge about anything to do with creative real
estate and especially self-directed investment accounts. You should take advantage
of every opportunity to learn from Quincy.
Find and use private lender money, or they are a private lender, or BOTH.
You'll be learning from years of experience PLUS you'll learn new ways to do deals
that you've never even thought of before. Each one of the speakers at the Private
Lender Magnet event has also been involved in creative real estate investing for many years.
Did you know that you really need to have 2 or 3 private lenders lined up at all times?
Here why. . .
Some private lenders prefer short term deals. They want to get in and out as fast as
possible. Others prefer long term deals. They want to keep their money "out there"
and don't want the hassles of constantly looking for the next thing to invest in.
Some private lenders want interest payments while others prefer to not get interest payments.
So some of your deals will fit the investment criteria for one private lender but may not work
for another. .
Here's an example of why you don't want to have just one private lender:
I had an option contract on a property worth $145,000. It was in a great part of town.
My contract was for $45,000. The house really needed a lot of work. My plan was to
just flip it to another investor. But when the margin is that good I sometimes like
to buy it first then sell it later. (Less chance of losing the deal)
I asked my preferred "short term" private lender to fund the deal and told him I should
have him paid off in 30 days. He took a look at the house and decided it needed too
much work. He was concerned that I would not be able to flip the house. (he didn't know
me very well)
I had another private lender I could use but he preferred long term deals and I was not
sure if he would go for a short term deal. He likes 5 year or 10 year commitments. I
didn't want to rehab this house and keep it as a rental so he was not a good fit for funding
this deal.
So I called another person I had been talking to about my real estate business. I had never
borrowed money from him but told him I would give him a call the next time a good deal came
along. He took one look at the house and said, "Let's do it!"
That old saying that if the deal is good enough you can always find the money is true. But
you may not find the money on the first try or the second or the third...and it may not be at
the terms and conditions that you want.
Building relationships with multiple potential private lenders needs to be a life long habit.
You just never know when the private lender you thought would fund the deal is out of money
or just won't do the deal for one reason or another.
conference call. He revealed two of the best ways to find private lenders who are
ready, willing, and able to fund your real estate deals quickly.
Quincy is always such a wealth of knowledge about anything to do with creative real
estate and especially self-directed investment accounts. You should take advantage
of every opportunity to learn from Quincy.
Find and use private lender money, or they are a private lender, or BOTH.
You'll be learning from years of experience PLUS you'll learn new ways to do deals
that you've never even thought of before. Each one of the speakers at the Private
Lender Magnet event has also been involved in creative real estate investing for many years.
Did you know that you really need to have 2 or 3 private lenders lined up at all times?
Here why. . .
Some private lenders prefer short term deals. They want to get in and out as fast as
possible. Others prefer long term deals. They want to keep their money "out there"
and don't want the hassles of constantly looking for the next thing to invest in.
Some private lenders want interest payments while others prefer to not get interest payments.
So some of your deals will fit the investment criteria for one private lender but may not work
for another. .
Here's an example of why you don't want to have just one private lender:
I had an option contract on a property worth $145,000. It was in a great part of town.
My contract was for $45,000. The house really needed a lot of work. My plan was to
just flip it to another investor. But when the margin is that good I sometimes like
to buy it first then sell it later. (Less chance of losing the deal)
I asked my preferred "short term" private lender to fund the deal and told him I should
have him paid off in 30 days. He took a look at the house and decided it needed too
much work. He was concerned that I would not be able to flip the house. (he didn't know
me very well)
I had another private lender I could use but he preferred long term deals and I was not
sure if he would go for a short term deal. He likes 5 year or 10 year commitments. I
didn't want to rehab this house and keep it as a rental so he was not a good fit for funding
this deal.
So I called another person I had been talking to about my real estate business. I had never
borrowed money from him but told him I would give him a call the next time a good deal came
along. He took one look at the house and said, "Let's do it!"
That old saying that if the deal is good enough you can always find the money is true. But
you may not find the money on the first try or the second or the third...and it may not be at
the terms and conditions that you want.
Building relationships with multiple potential private lenders needs to be a life long habit.
You just never know when the private lender you thought would fund the deal is out of money
or just won't do the deal for one reason or another.
$3.2 M funding source for your deals?
Here's a quick checklist for you to do yet today:
1. Check out Tim's 3rd free training video where he teaches How to Get Virtually Unlimited Funds for Your Deals:
Click Here To Watch The Video
(in case you missed the first 2 videos on how to find sellers and how to find buyers, they're on that page too)
Tim is planning to make his $3.2 Million funding source available to you.
No kidding!:-)
And if you need proof of funds, Tim's got you covered as well.
2. On that same page, check out the 'FREE HOUSE' tab to see how you can get more points to get the free house.
3. Also, check out the 'Hourly Winners' tab to see if you've won either a 3 Days and 2 Nights Vacation Certificate, a $500 Grocery Card or a $300 Gas Rebate Card.
1. Check out Tim's 3rd free training video where he teaches How to Get Virtually Unlimited Funds for Your Deals:
Click Here To Watch The Video
(in case you missed the first 2 videos on how to find sellers and how to find buyers, they're on that page too)
Tim is planning to make his $3.2 Million funding source available to you.
No kidding!:-)
And if you need proof of funds, Tim's got you covered as well.
2. On that same page, check out the 'FREE HOUSE' tab to see how you can get more points to get the free house.
3. Also, check out the 'Hourly Winners' tab to see if you've won either a 3 Days and 2 Nights Vacation Certificate, a $500 Grocery Card or a $300 Gas Rebate Card.
"Mini-Site Creator Platinum"
Are you still a little skeptical about Jim Edwards' new"Mini-Site Creator Platinum" package? If so...I can't really blame you. :) After all, "they" (the other wanna-be experts) keep tellingyou and me that putting up websites and profiting on theInternet is difficult...that it's hard...and that you haveto spend many years and thousands of dollars before it allfalls into place. Well, we're here to tell you that ain't true! In fact, once you start following Jim's advice, you'llunderstand the big picture of marketing online, and quicklyand easily become a mini-site expert yourself! But don't just take our word for the power of Mini-SiteCreator Platinum. You can take a look to see what othershave to say about it instead.
In fact, that's the reason we're emailing you today. We've recently received even *more* amazing success storiesfrom people just like YOU, and we wanted you to see them. Take a look... **************** "The #1 thing I learned from this course is how to actuallydo the things that can let me create a real business...theinformation in this course has already motivated me to getmy own sites set up and I've already got folks in myautoresponder sequence. Jim is the absolute best teacher. He shows you exactly howto do it, He even shows you the mistakes and how to fixthem. He makes everything seem so logical you won't beafraid to take action any more. Get this right now andyou'll truly be on your way."-- Dianna Roberts, Houston, TX **************** "The #1 thing I learned from this course is just how easyposting a profitable web site can be. I've already mademore income income in less time than I've ever experiencedwith any other program. Don't even bother to attempt creating a profitable web sitewithout this tool. The time and money saved gettingeverything you need from "Mini-site Creator" Platinum allin one place is worth more than the original investment."-- Brian Latta and Steve Wall, California and Utah
"The #1 thing I learned from this course is EXACTLY how toset up Wordpress blogs and Php scripts, and this course hasalready taught me things that nobody else has even offeredto do. I use Mini-Site-Creator Platinum every singleday...and I'm ahead of those who don't. When I first saw the course I remember saying: "I'm notgoing to pay that"...Well, after about 10 times of thinkingabout what I really didn't know - I finally jumped on it,and it has been the best thing I ever did. If you pass itup, then 'stupid-you'...sorry, but that's the truth.There is NOBODY ELSE TEACHING THIS."-- Al Forsberg, Yonkers, New York **************** "Jim's course has all the answers...even to question youdon't know you have! You'll kick yourself once yourealize all the business you lost while waiting to buy thiscourse." -- Robert Yarborough, Colorado Springs, CO
"Jim gives so much education in all of his products, I havemade a commitment to buy everything with his name on it.Keep them coming, you are my official continuing educationprovider! Because of your detailed common sense teaching I havecreated a website, I can write sales letters, use autoresponders, upload to a server, etc, etc. I could neverhave learned how to do any of this from someone else! Jimhas given me a passive income that would never have beenpossible without him! My first check from Click Bank will be around $800.00 and Ihave big things planned for my online future. I never takea compliment on my work without giving Jim Edwards hisdues. It is all because of him that I have an onlinewebsite (running on autopilot) and the tools/skills tooperate it. I can honestly say that I never thought I could learn howto do any of the things Jim as taught me how to do, and Ilook forward to what Jim can teach me in the future. I amvery thankful that with all of the imposters I could haveaccidentally come into contact with while looking for thisinformation I found the "real deal" with Jim Edwards! TrustJim Edwards and his products to take you to that nextlevel." -- Summer Parks, Columbus, Ohio **************** "The information in this course has already paid me back10 times over. If you have a bad case of guruitis take adouble dose of Mini-site Creator you'll stop wishin andstart doin. This is your chance to finally get that damnsite up." -- Earl Adkins, Baltimore, MD
"As a rental property landlord, Mini-Site Creator Platinumallowed me to post a mini site to advertise an apartmentthat needed a new tenant. I optimized the site for anappropriate keyword phrase and set up a couple of incominglinks. The site was indexed by Google within 24 hours and I endedup finding a great tenant within a week. No traditionaladvertising costs! In the past, I would have paid $100's ofdollars to run classified print ads in the localnewspapers. As it turned out, my apartment rented so fast,that I didn't even have time to finish everything I hadplanned for my mini-site. I've spent 1000's of dollars on other Internet Marketingprograms that completely and utterly flopped when it cameto the actual 'how-to' part of building a web site. If youwant nuts-and-bolts; leave-no-stone-unturned; step-by-stepinstructions; then buy Jim's Mini-site platinum course."-- Doug Lietz, Vancouver, BC, Canada
Jim gets letters like this almost all the time! So will YOUbe the next success story, mary? Remember, the comments above are from real people just likeyou. And they are all around the globe, in all differenttypes of niches, with all different backgrounds andexperience levels. You can feel how happy and excited they are after theypicked up Mini-Site Creator Platinum, can't you? And guess what... We're confident after you pick up YOURcopy of this newly-released Platinum package, that you'llwant to send in YOUR own mini-site success story. In fact, we're so sure of it...that if you don't havemini-site success, your entire training is on Jim! Here's what we mean.... Get your trial copy today and take your time over the nextthree months (a full 90 days!), enjoy it and go through allof the step-by-step videos. No rush and no hurry.
Then if you don't end up feeling ecstatic and excited, andif you don't experience your own mini-site success storylike the ones we shared with you...then just send back yourentire course and you'll get every penny back! No questions asked, no forms to fill out. Just say theword and your entire mini-site training is refunded. How great is that? You only have to say "maybe" and put Jim's quick and easyadvice to the test. So what are you waiting for? Grab yourcopy of Mini-Site Creator Platinum right now and get yourfirst mini-site up within days.
In fact, that's the reason we're emailing you today. We've recently received even *more* amazing success storiesfrom people just like YOU, and we wanted you to see them. Take a look... **************** "The #1 thing I learned from this course is how to actuallydo the things that can let me create a real business...theinformation in this course has already motivated me to getmy own sites set up and I've already got folks in myautoresponder sequence. Jim is the absolute best teacher. He shows you exactly howto do it, He even shows you the mistakes and how to fixthem. He makes everything seem so logical you won't beafraid to take action any more. Get this right now andyou'll truly be on your way."-- Dianna Roberts, Houston, TX **************** "The #1 thing I learned from this course is just how easyposting a profitable web site can be. I've already mademore income income in less time than I've ever experiencedwith any other program. Don't even bother to attempt creating a profitable web sitewithout this tool. The time and money saved gettingeverything you need from "Mini-site Creator" Platinum allin one place is worth more than the original investment."-- Brian Latta and Steve Wall, California and Utah
"The #1 thing I learned from this course is EXACTLY how toset up Wordpress blogs and Php scripts, and this course hasalready taught me things that nobody else has even offeredto do. I use Mini-Site-Creator Platinum every singleday...and I'm ahead of those who don't. When I first saw the course I remember saying: "I'm notgoing to pay that"...Well, after about 10 times of thinkingabout what I really didn't know - I finally jumped on it,and it has been the best thing I ever did. If you pass itup, then 'stupid-you'...sorry, but that's the truth.There is NOBODY ELSE TEACHING THIS."-- Al Forsberg, Yonkers, New York **************** "Jim's course has all the answers...even to question youdon't know you have! You'll kick yourself once yourealize all the business you lost while waiting to buy thiscourse." -- Robert Yarborough, Colorado Springs, CO
"Jim gives so much education in all of his products, I havemade a commitment to buy everything with his name on it.Keep them coming, you are my official continuing educationprovider! Because of your detailed common sense teaching I havecreated a website, I can write sales letters, use autoresponders, upload to a server, etc, etc. I could neverhave learned how to do any of this from someone else! Jimhas given me a passive income that would never have beenpossible without him! My first check from Click Bank will be around $800.00 and Ihave big things planned for my online future. I never takea compliment on my work without giving Jim Edwards hisdues. It is all because of him that I have an onlinewebsite (running on autopilot) and the tools/skills tooperate it. I can honestly say that I never thought I could learn howto do any of the things Jim as taught me how to do, and Ilook forward to what Jim can teach me in the future. I amvery thankful that with all of the imposters I could haveaccidentally come into contact with while looking for thisinformation I found the "real deal" with Jim Edwards! TrustJim Edwards and his products to take you to that nextlevel." -- Summer Parks, Columbus, Ohio **************** "The information in this course has already paid me back10 times over. If you have a bad case of guruitis take adouble dose of Mini-site Creator you'll stop wishin andstart doin. This is your chance to finally get that damnsite up." -- Earl Adkins, Baltimore, MD
"As a rental property landlord, Mini-Site Creator Platinumallowed me to post a mini site to advertise an apartmentthat needed a new tenant. I optimized the site for anappropriate keyword phrase and set up a couple of incominglinks. The site was indexed by Google within 24 hours and I endedup finding a great tenant within a week. No traditionaladvertising costs! In the past, I would have paid $100's ofdollars to run classified print ads in the localnewspapers. As it turned out, my apartment rented so fast,that I didn't even have time to finish everything I hadplanned for my mini-site. I've spent 1000's of dollars on other Internet Marketingprograms that completely and utterly flopped when it cameto the actual 'how-to' part of building a web site. If youwant nuts-and-bolts; leave-no-stone-unturned; step-by-stepinstructions; then buy Jim's Mini-site platinum course."-- Doug Lietz, Vancouver, BC, Canada
Jim gets letters like this almost all the time! So will YOUbe the next success story, mary? Remember, the comments above are from real people just likeyou. And they are all around the globe, in all differenttypes of niches, with all different backgrounds andexperience levels. You can feel how happy and excited they are after theypicked up Mini-Site Creator Platinum, can't you? And guess what... We're confident after you pick up YOURcopy of this newly-released Platinum package, that you'llwant to send in YOUR own mini-site success story. In fact, we're so sure of it...that if you don't havemini-site success, your entire training is on Jim! Here's what we mean.... Get your trial copy today and take your time over the nextthree months (a full 90 days!), enjoy it and go through allof the step-by-step videos. No rush and no hurry.
Then if you don't end up feeling ecstatic and excited, andif you don't experience your own mini-site success storylike the ones we shared with you...then just send back yourentire course and you'll get every penny back! No questions asked, no forms to fill out. Just say theword and your entire mini-site training is refunded. How great is that? You only have to say "maybe" and put Jim's quick and easyadvice to the test. So what are you waiting for? Grab yourcopy of Mini-Site Creator Platinum right now and get yourfirst mini-site up within days.
Private Funding Made Easy
The crashing stock market has caused a lot of private
investors to pull their money out of the market. Literally,
billions of dollars are sitting in money market accounts.
And their owners are diligently searching for an alternative
investment to put it in.
Could you be that investment? After all, nice single family
homes can be picked up as REO's or short sales for 50%
of their value or less. Owners of apartments and commercial
property are also desperate to unload at a big discount.
You could make an investor a nice profit it they would invest
their money with you.
Want to be in the path of that investment money--$100,000's
or even Millions of Dollars?
Dr Richard Odessey, master investor after years of being
turned down trying to borrow money from friends and family,
decided to make a study of what made people invest their
money. He found that raising Private Money was not "easy"
like he was told, because it required preparation and planning.
After years of trial and error, Richard developed a system that
incorporates continual improvement and is affordable for anyone.
It's called the Investor Wealth-Network. You'll be learning how
to raise Millions for your deals.
Forget about trying to squeeze water out of a rock, by badgering
your destitute friends or family. With these secrets you'll learn
how to go for the gold-high net worth individuals (friend or
stranger) and private funds that could write a check for $100K
without even blinking.
investors to pull their money out of the market. Literally,
billions of dollars are sitting in money market accounts.
And their owners are diligently searching for an alternative
investment to put it in.
Could you be that investment? After all, nice single family
homes can be picked up as REO's or short sales for 50%
of their value or less. Owners of apartments and commercial
property are also desperate to unload at a big discount.
You could make an investor a nice profit it they would invest
their money with you.
Want to be in the path of that investment money--$100,000's
or even Millions of Dollars?
Dr Richard Odessey, master investor after years of being
turned down trying to borrow money from friends and family,
decided to make a study of what made people invest their
money. He found that raising Private Money was not "easy"
like he was told, because it required preparation and planning.
After years of trial and error, Richard developed a system that
incorporates continual improvement and is affordable for anyone.
It's called the Investor Wealth-Network. You'll be learning how
to raise Millions for your deals.
Forget about trying to squeeze water out of a rock, by badgering
your destitute friends or family. With these secrets you'll learn
how to go for the gold-high net worth individuals (friend or
stranger) and private funds that could write a check for $100K
without even blinking.
Subscribe to:
Posts (Atom)