StreetSmart – $10 House Profits
You may have heard of what I call $10 Houses.
You may know them as ‘upside down’ (the mortgage is higher than the house value) or ‘ghost’ (vacant) or ‘abandoned’ houses.
You may know of one or more right now. What if you could purchase those and earn income for an extended period while doing a workout or settlement with the bank – while the bank continues to pay property taxes, insurance and HOA dues – wouldn’t that be great?
Many times people want to know if a house you are considering purchasing is a candidate for this possibility or not. First you’ll need some details before you can proceed.
Now available, this one day, one of a kind training event, $10 House Profits!, was professionally video taped and is now on DVD – complete with your own event manual and the Street Smart Land Trusts™ add-on Quiet Title Profits™ forms disk needed to implement the $10 House Profits!™ strategies!
This highly targeted specialized training focuses on the steps to take to find, validate, purchase and quickly monetize these ‘zombie’ properties. Help the old homeowner, help the neighborhood and the neighbors, and help renters/buyers too! All while making mega-bucks!
|“Lou taught me the possibilities and guided me all along the way. One $10 House yielded over $720,000… another yielded over $216,000… with $936,000 net.”|
J. Weiller, CT
You see, banks haven’t foreclosed for a very good reason. Even though the borrower of the mortgage has stopped paying and even though the house is vacant, the bank is still being paid! Why would you want to stop that? They don’t – and for a long while you can benefit.
And there’s another important reason – they have foreclosed on millions of homeowners without the appropriate right to do so. Bad paperwork is a real thing and this is only known to a very few people. According to the Bible “My people are destroyed for lack of knowledge.”
|“I’ve been in my $600,000 house for nine years – no payments. I’m still there. Once you learn the secrets to the game you can win for a long time.”|
Name Withheld, Atlanta, GA
Here’s the steps covered:
Step 1 – Marketing to Find Possible Properties – Find the houses
Step 2 – Initial Call and Research – Find the opportunity, then find the bad paper
Step 3 – Initial Meeting – What to say and how to say it to the seller
Step 4 – The Contract – The words on paper are very important
Step 5 – The Closing – The documents needed – and how to fill them out
Step 6 – Lawsuits to Stall Foreclosure Proceedings – What we have seen work
Step 7 – Filling the Property for Cash Flow – Getting the right tenant and what to say