This One is Bigger
Yesterday, I showed you a check from my first real estate deal as an investor.
Today, I’d like to show you the result of my last (and BIGGEST!) deal.
Here’s what happened:
This house was nothing special. My buddy, a real estate agent, couldn’t sell it after listing it for several months. The homeowner had to suddenly move across the country, and was ready to just turn the keys (AKA Jingle Mail) into the lender and walk away.
My buddy strongly advised his clients not to do so, and suggested that they try renting it to cover the mortgage. They wanted nothing to do with it! They would rather destroy their credit, than be landlords (to be honest, I don’t blame ‘em one bit).
Being a licensed real estate agent, he thought the only way to help these people was to sell the house for more than is owed to cover his commission and all the other fees.
As a last resort my buddy suggested that they meet with me. He honestly didn’t think I could do anything for them.
Their story was just like most of the others that I’d heard. They owed $126,671 and needed to sell for more than that in order to cover commissions and transaction charges.
To make a long story short, I gave them a way out on 9/17/2003 and saved their credit. On 8/25/2005, I put $69,000.00 into my pocket… ‘er, I mean trading account.
Cool thing is….It took about 2 hours of time upfront and about $100 dollars to get the necessary paperwork in order.
Talk about a sweet rate of return!
I had to lease the home in order to pull this off, which is something I’ll never do again. I hate being a landlord.
But with the new system I introduced you to yesterday, you can get checks like this monthly, without the headache of being a landlord.
Go here now: http://budurl.com/ppql
Five years ago when I got out of creative real estate deals. I said I would never do it again unless it was something I could do on auto pilot. Way too much brain damage doing deals the way I use to (being a landlord and all).
How times have changed.
I’m actually fired up about this because I can put my team to work on it, be completely hands off and deposit these fat checks into my trading account without killing myself or being away from my family in the evenings. Something I’m totally unwilling to do!
Circumstances could not be better right now for this, and I know I would kick myself if I didn’t spend the next couple of Saturday’s learning how to implement this strategy (hopefully the information will arrive before this Saturday).
Don’t kick yourself, check this out now: http://budurl.com/ppql
I am making you aware of this because, for many people, the only thing standing between them and living the life of a full time trader, is CAPITAL. This is a way to bring some of that in fast.
How much would your life change if you deposited 3 or 4 checks like this a year into your trading account?
Times a wasting…. click here:
Best,
Jeffrey
P.S. Here is another reason I’m really excited about this. Below is a headline I read the other day.
Subject:Â Moody’s – Short sales will rise 50%
Moody’s Economy.com has forecast that the number of short sales and transactions in which borrowers surrender their deed in lieu of foreclosure will increase more than 50 percent, to about 490,000, this year. That is just a fraction of the 1.9 million homeowners Moody’s has forecast will lose their homes to foreclosure this year, up from 1.7 million last year.
Do you see those staggering numbers?
I’m going to get my piece of the pie, Are YOU?
Go here now:Â http://budurl.com/ppql
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