Author Archive
Get Your Cash Flow from Oprah’s Knowledge… Unclaimed Money!
Posted on May 15, 2012 by
Oprah Winfrey knows about a $40 Billion Dollar niche, and Russ Hiner has the Insider’s Secrets on how you can get your piece of the pie! Ever wondered what happens to the all of the money at a foreclosure sale when there’s a bid over the amount of the mortgage? What about when there’s an over bid at the tax sale-where do those funds go? Russ will show us where there’s money that’s FREE for the customer, and abundant for you.
Russ is speaking at Atlanta REIA West on coming Monday, April 21st. Here’s what you’ll learn at this very special evening:
- Where to find this $40 Billion Dollar niche that the Government is not entitled to.
- These funds are called “surplus funds”, “overages”, “excess funds”, even “unclaimed tax sale funds”.
- Why the Government calls it “escheating” when they take this money into their accounts!
- Gain an understanding of how this simple process works
- Where to find your share of this specialty niche
- Where and how to find who this money rightfully belongs to.
- How to talk to the prospects who are entitled to receive funds—so you can convert them into your customers
- Learn how to counsel your customers to give them their money, so you can get paid
- Learn how to build credibility for yourself… quickly
- Where to find the resources to get this done for you, so you can cash checks over and over again!
There are 12 only competitors in the USA. It is not just here in Georgia — It’s in ALL 50 states! If you could use some money flowing in on a consistent basis, you don’t want to miss this. Mark your calendars NOW to join us on Monday, May 21st at The Cherokee Cattle Company in Marietta. Dinner and networking, at 6:30 PM, program starts at 7 PM. See you there!
Creative Deal Making – The Keys and Tools to Structure Winning Deals in 2012
Posted on April 16, 2012 byImagine taking any sales lead you get and creating a winning deal out of it. Making thousands of dollars where you thought there were none. No more wasted marketing dollars. No more wasted phone calls. That used to be just a dream. But not anymore.
Join Don DeRosa at the Creative Deal Structuring Group meeting on May 2nd at 7PM at the Whitehall Tavern (formerly the Cheyenne Grill) located at 2391 Peachtree Rd NE in Atlanta, GA as he shares with you his Real Estate Insider Secrets and the state-of-the-art tools he uses to evaluate deals and make them work – for him and for the seller.
As Don unveils his Insider Secrets, he’ll share with you the buying and selling strategies that are working for him right now, in 2012. Yes, he’ll show you the secret tools he uses to create profitable deals, even when there appears to be nothing there to work with. You’ll have abundance of deals to choose from! Plus he’ll show you how he gets the information to evaluate a deal, wherever is he, so you’ll never waste time with leads you shouldn’t spend time on and beat other investors to the most profitable deals.
Don will walk through real world examples, actual deals, to demonstrate step-by-step how to apply these “secrets” and tools. In fact, bring your deals, and he’ll show you exactly how to evaluate the lead, determine your exit strategy, structure the deal, negotiate with the seller, and get the paperwork done almost instantly and without any of the hard work you normally do to get your deals done.
By the end of the presentation, you’ll know… Read More→
Deal or No Deal #2?
Posted on April 3, 2012 byNever compare yourself with others. You never know what is going on behind the face. We will look at a person who has a job and likes what they do. They don’t plan on leaving their job and living off their investments. They will be able to buy through a realtor and pay a premium. I love to have these individuals in my wholesale stable.
The house is three bedroom/ two bath in a lower moderate income area (such as Mableton, Lakewood, Decatur, Norcross.) The price is $80,000, top of the market, with no equity. The buyer will pay 25% as a down payment. The interest rate is 5%. The principal balance is $60,000. The P& I payment will be approximately $322.09. Taxes will be $1000. Insurance will be $500. The payment for T&I is $125.00. The total payment is $447.09/ month. If the house rents for $825, the cash flow is $377.91 per month. This is great!!! Let’s look at the other side. It looks like 22.6% cash on cash return. (YES!) Read More→
Deal or No Deal #1?
Posted on April 3, 2012 byIt was 3:30 PM on a Friday afternoon in 1984. I was thinking about the weekend, and my primary goal was to move a new tenant into one of my rental units. The phone rang, and I proceeded to talk to a desperate seller. I went through my property information sheet, and the deal sounded too good to be true. I was excited. Here was an opportunity to purchase a three bedroom, one bath house in Decatur for $15,000. The property was a 1960’s brick ranch in average condition. All three of the mechanical systems were in place, and the roof was 10 years old. The rent on the property was $700.
The total amount of money in the transaction would have been $25,000, all in price. The return on investment cash on cash would have been 33.6%. It would’ve taken three weeks get the property market ready. The retail price of the home would be $65,000, and it would sell in three months with a net profit of $33,500. Read More→
Maximize Your Assets & Minimize Losses Through Better Property Management
Posted on October 5, 2011 by
In these tough economic times, we need to maximize our assets and minimize our losses. That is why great property management is essential. When we spend the time to screen a tenant properly on the phone, we are truly saving money. Our need to be more efficient and effective at answering the calls from potential tenants allows us to be able to spend time with our family. When you are already spread thin by work, and family your ability to create a system to screen, meet and decide if that applicant should move into your property is vital. When a bad tenant moves into your property the cost can be exorbitant. Read More→
