I said to him, Tom, I want you to share what you’re doing with the Flipping Homes community. He’s making incredible profits on his flips and making incredible profits on his holds…all because he understands how to use notes when buying and selling.

Tom has agreed to do a training call with me where he shows you what he’s doing, and how you can do it to.

Here’s the link:
Yes Pete, I want to listen in to your conversation with Tom and learn the magic of buying and selling with notes.

My friend Tom is not a real estate guru and yes, he’s actively engaged in the real estate business actually doing the deals today that’s he’s going to talk about. I’m confident you’re going to enjoy the call.

Blessings,
Peter

Have you ever wondered what it would feel like making offers to close in 7 days or less?

Would you like to know the secrets to buying your deals without any money out of your pocket, and no monthly payments to boot?

If you answered yes, then you will want to attend our webinar training on “How To Get Private Lenders”. I’ve asked a good friend of mine to come on one of our calls and show you and teach you how the elite real estate investors can be so nimble and make so much money so easily!

When you get this topic mastered, you will have unlocked the biggest money making secret in real estate.

Here’s the link:
Yes Pete, I want to to learn how to Get Private Lenders Now!

Blessings,
Peter

Avoiding a Cash-Flow Crisis

Here is a lesson in personal finances from the business world. Today, the economy is scary. Businesses are failing all around us. The story usually goes something like this: the company leadership decides to spend the profits and then borrow money to expand operations, expands too quickly, a negative event happens in the marketplace, cash flow dries up, the business finds itself in crisis, and to “fix” the problem, declares bankruptcy. The business model was flawed because it was operating too close to the edge-the plan was too optimistic. Perhaps a better way to plan for surprises is to assume income will be 20% less than expected and expenses will be 20% more. The Bible warns us about overspending in Proverbs 21:20:

“There is precious treasure and oil in the dwelling of the wise, but a foolish man swallows it up.”

Practical Help

When it comes to improving cash flow, there are only two choices: increase income or decrease spending. Let’s take a look at managing spending by studying how most people get overextended (and the results):

We desire things that we do not need and are not the will of God.
We are deceived by the desire for what we want and that we must have it now. (Since it’s easy to get credit, it must be easy to repay.)
We doubt that God could provide for us in our need.
We make a decision to purchase something that we’re going to struggle to pay for. (Surely we’ll have a “breakthrough” in our income soon.)
We delay or default on payments.
We find ourselves disobedient to God.
We damage our witness for Christ.

It’s interesting to note that most of the time when the Bible is talking about debt, it’s talking about financial bondage. Scripture doesn’t prohibit debt. It does, however, warn us to be extremely careful when borrowing. When you see the steps above happening in your own life – run! The Bible says it like this: “a prudent man sees evil and hides himself, the naïve proceed and pay the penalty.” (Prov 27:12) God’s Word is full of advice for managing money. Unless we have the power of Christ in our lives, however, we will not have the power to implement these principles.

Some notes from “Money Matters in Hard Times” by B. Keith Moore.

I spent today creating a new Flipping Homes product – Steve Cook’s Complete 3 Day Wholesale/Rehab Virtual Bootcamp. This is three days with Steve and its pure content, no fluff and no upsells, just pure unadulterated Steve Cook as he shares it all with you. If you want to be proficient as a Real Estate Investor, this is one program you simply have to have; just follow Steve’s lead and instructions.  You’ll get the bootcamp experience without having to fly and get a hotel room.  This one is experienced right from the comfort of your own home!

Here’s the deal…
I’m only halfway finished getting the virtual delivery of the bootcamp uploaded to our servers. It’s a full 9 DVD’s worth of content. The price for the product once fully uploaded will be $1497. Since it will take me a few more days to get the remainder of the files uploaded, I’m offering the Flipping Homes family a “Black Friday” special promotion.

We’re giving you $1,000 off the price of the video bootcamp…but time is of the essence. Once the videos are fully uploaded, the “Black Friday” promotion will be over. The effective date of the promotion is November 24-28.

After you click the shopping cart link below, the Flipping Homes Secure Shopping Cart will appear. You will then enter the promo code Black Friday to instantly get your $1000 discount.

Remember this offer ends Monday at midnight EST, so take advantage of this now. As always, you have no risk when you buy your real estate investment courses from Flipping Homes. Our refund policy is 30 days, no questions asked.

So get your 3 Days with Steve Cook Wholesale-Rehab Bootcamp now, and again don’t forget to use your promo code Black Friday to get your $1000 discount. That reduces your price for the virtual bootcamp to only $497! But you must enter the promo code Black Friday for the $497 price to appear…you must act quickly…because once midnight Monday comes, this deal will expire.

Here’s the link:  https://soc86365.infusionsoft.com/cart/?product_id=57

Blessings,
Peter

Hi everyone, if you are stuck and not getting enough (or any) real estate leads from motivated sellers then you need to view the video below simply by clicking on the video image. In this video I interview Keith and Shannon French as they show you and teach you how for very little cost, you can start getting your phone ringing with home sellers asking you to buy their homes. Keith and Shannon are the creators of the “Wholesaling Link Opitions Program” and were gracious enough to share their thoughtfull and effective methods of targeted direct mail, internet, and social media marketing that they are using in their own busines today. The marketing methods you will discover, once implemented and implemented consistently, will yield results. You will get leads from motivated sellers. I know, because I’m using the same techniques that they are in my own business.

Blessings,
Peter Gauthier

Click On The Image Below To Start Your Video Tutorial

I was talking to my friend Russ Lebrasc and he was telling me about some really cheap money he has found to fund his real estate deals. Instead of using Hard Money, he has developed Business Credit Line accounts with several banks and has amassed $1.2M in unsecured credit to buy his rehabs.

Here’s the kicker, the banks were willing to give him up to $50K with no or little documentation at as low as Prime plus 1 point and its in his company name not his own. So his personal credit profile is unaffected. He can just write a check for his deals.

Here’s what we’re talking about:

• Apply Online In Your Business Name
• How To Find The Right Banks To Work With
• No or Little Documentation Required
• Fast and Easy  To Get
• Up to $50K Per Bank
• Stays Off Your Personal Credit Profile
• You Can Write Checks Instantly For Your Real Estate Deals and Fix Up Money
• The Money Is Cheap – as little as prime plus 1 interest only

I thought that was something the Flipping Homes community should know about and he agreed to do a webinar with me where he shows and teaches how to do it.

Here’s the replay for the Webinar. You’ll want paper and pen ready to take lots of notes.

Blessings,
Peter

PS:  Spread the news and tell everybody you know about the webinar.  It’s killer information everybody in real estate should know about, Wholesalers, Rehabbers and Landlords alike.  PG

CLICK THE IMAGE BELOW to view the video and discover how you too can start getting quality leads right now…from motivated sellers wanting you to buy their houses.

Here’s the Criteria:

1. First Time Homebuyer Neighborhoods; preferably where there are homes that need updating. If you target Arlington, you won’t have much luck because homeowners in Arlington have choices. You’ll get some there…but they will be few and far between. So, search for the area where investors are buying homes for cash and renovating them. You can use the MLS search functions to accomplish this.

2. Non Owner Occupied. This means the owner no longer lives there.

3. Transfer Date 10 Years Or Greater.

4. I mail to Single Family Detached Houses Only

5. I scrub the list of institutions, churches and duplicate owners.

Now, for the numbers…I’d rather you send 500 letters a whack metered out 50 per day for 10 days.

This will generate leads.

Blessings,
Peter Gauthier

PS: If you’re interested in how to become a private lender, get your free CD at www.flippinghomes.com/lending

It is not for faint at heart, but well worth doing!!!  Will give our steps and then result

Purchased book – How to Sell Your Home in 5 Days – Bill Effors

Must have Peter Gauthier’s Wholesaling Genius program  (we attended his Wholesaling Bootcamp) and it has invaluable info in back about 5 Day Sales.

Purchased Brake-Screecher signs off www.5-daysale.com  – Almost $595 incl shipping. – 32 signs w a branding look. – can’t tell you how many people said they saw our signs everywhere!!  (you don’t need the other stuff or consulting they will offer you)

These are generic so will be used again and none were stolen!!!

Ads in several papers and we did use the exact format in book – boxed, with exact info

Ads in several papers – General ads about $200. total – It would have been much, much more if we had been a realtor

Put info on Craigslist, Backpage and our Cam sight and maybe more – that was Bill’s job.

All information flyers on the sale day were copied on different color paper so you could tell at a glance what that person was reading ($35.00):

Annual Tax info

Rules for Sale

Ariel view of neighborhood

Colored flyer of all the repairs and a couple of pics of house.

WE DID NOT GET A PACKET OF SOLD COMPS… they were all so different that we did not do it.

I would recommend it if possible    Have the house staged – baths, kitchen, table and flowers in dinning room and the long table with cloth, flowers, candy and all papers in living room

This is not a huge house and is empty.  Folding chairs in living and dining room.

I think we missed putting the signs out earlier – It could have been on the Monday prior to sale, but we put them out on Thursday evening.  – OOOPS

Started house at 59,500.  We hoped to get around 95K, but the market has dropped drastically around here.  One realtor said it would have been 120K a year ago.

Results:

91,160 w/ 6% seller assist.

86,000 to us (does not include the items at closing we will pay)

Conservative –  hundreds of cars driving by that were directed by our signs.

35 Calls prior to sale asking for info and directions

This house looks very small from street and I was glad for the calls because I told them to get out of car, walk down behind house, see garage and how big the house really is.

Approx 20+ families came through house

Our contactor came to be a “home guide”  I made up name tags with first name and “Home Guide”

Some bid very low and on the last day a family came through, put the above bid and said they were already approved and this was in their range. Had just come from another house and it was not nearly as nice.

PERKS:

Lots of investors came through, liked our work, and they are now on our buyers list. – some retail, some wholesale

Retail buyers – loved our work and the detail of our “Move-in-ready” homes and are now on a retail buyers list

Wrote up contract (generic PA contract) with a disclosure and lead paint info booklet.

They are selling their very nice mobile home for the $8K they owe on it.  Many callers and waiting for approval from the mobile park owners.

Because of the contingency, we have given them until Oct 1 for the closing….. yes, I know that we will pay taxes in Oct, etc, but this was the best deal at the auction and we are willing to work with these people.  Went through the house again last night and want to bring their family through as soon as parents are feeling well.  – YES, I am still a softie and hope it does not come back to bite!!!

If you have any questions, let me know.

Patty Santmyer, Pittsburgh PA