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Building, Leading and Protecting Your Real Estate Business. By Loral Langemeier. Is Real Estate…. An INVESTMENT OR A BUSINESS?. There are 7 Steps to Building Your Business. Vision Strategy Revenue Modeling Protection Marketing Sales Leadership. Buying Real Estate Property.
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Building, Leading and Protecting Your Real Estate Business By Loral Langemeier
Is Real Estate… An INVESTMENT OR A BUSINESS?
There are 7 Steps to Building Your Business • Vision • Strategy • Revenue Modeling • Protection • Marketing • Sales • Leadership
Buying Real Estate Property It All Begins With The End In Mind
If Your Long-Term Strategy is Financial Independence There are 3 main choices of Exit Strategy… • Sell quickly for cash — Wholesaling/Retailing to Cash Out • Hold and rent — Property Management • Owner finance — Wraps, L/O, Notes
Your Strategy Influences • Your Entity Structure • Your Real Estate Markets • Your Agreements and Contracts • Your Wealth Team • Your Revenue Model
Get R.E.A.L., Inc. Our Vision Is: “To provide housing to people who have no other mechanism to acquire the “American Dream” of a home…
Get R.E.A.L., Inc. …AND to provide our investors sustainable growth through a fixed product, preferred return, real estate investment vehicle.”
Our Philosophy Is: Win/Win/Win
Investor Get REAL VISION • Buyer System Property Acquisition
Strategy #1 Acquisition System • Identifying Markets • Identifying Neighborhoods • Buying Criteria • Buying Right • Building Your Wealth Team to Support Your Strategy
Methods for Acquisition MLS HUD VA FSBO Foreclosures
Identifying Get REAL Criteria • 60¢-80¢ on the dollar • Minimum $300 spreads • Average of $2,000 down payments Buy Right!
Typical Get REAL Purchase Purchase Price $70,000 Appraised Value $100,000 Sales Price $110,000 Down Payment $2,200 Lease Payment $1,200
Your Investor Real Estate Agent(s) Appraiser Inspector Lender Attorney Title Company Insurance Broker Acquisition Wealth Team
Creative Acquisitions Make Money Out Of Thin Air!
1. Find a Person With a Problem Acquiring Cashflow Properties 2. Solve Their Problem!
Strategy #2 Buyer System • Assemble Buyer/Remarket Team • Marketing! • Marketing! • Marketing!
Who is the Buyer/Resale Team? • Team re-marketer (performance-based compensation) • Mortgage Brokers • Realtors • Tenants (referrals)
Newspaper Flyers Radio Signage Word of Mouth Mortgage Brokers Realtors Check Cashing Stores Divorce and Bankruptcy Attorneys Credit Repair Class Re-Marketing the Property
Strategy #3 Investor System • Marketing/Educational Packet • Joint Venture (JV) Agreements • Fixed Return Strategy • 50/50 Strategy • Entity Structuring • Investor Communications/Reporting
Investor Agreements • Entity Structure (LLC or LP) • Exit Strategies • Long Term Investment • Short Term Liquidation • Operating Agreements • 13% JV Agreements • 50/50 JV Agreements
Typical Investor Deal • 18k Minimum Investment • Investor Holds Note on Property (90/10 Loan) • Investor & Get REAL Hold Title 50/50 in an LLC • Depreciation is Shared 50/50 • Exit Strategy: When Option is Exercised, Investor Gets the 18k Back and Profits are Shared 50/50
There is Money Lying in the Streets Everywhere! Go Pick it Up…And INVEST IT!
Loral’s Learning’s… • Invest in Yourself • Get a Mentor(s) • Build Your Wealth Team • Conditioning Program – Home Study Course • Be in Action…In the streets! • Repetition, Repetition, Repetition… • Live with Vision, Focus and COMMITMENT.
? The Top 3 Things I Learned: The ONE action I will do as a result of these learnings is: By When? How will someone know?
Special #13 Products:1. Building Your Wealth Cycles2. Building, Leading, Protecting Your Business3. Expression of Your Power4. 5 FREE WEALTH REPORTSTotal Value $1092Today Special: $399
Special #2Your Mind, Your Marketing &Your Money! NOV 5-7, 04Jay Levinson – Guerrilla MarketingBob Proctor – The POWER of your MindSandy Botkin – IRS/ Tax SpecialistLoral Langemeier – Guerrilla Wealth…AND, MORE….Retail Price $1495Today Special: $1195
Contact Info www.LiveOutLoud.com www.WealthDiva.com 1135 Terminal Way, Suite 209 Reno, NV 89502 888-262-2402 Info@liveoutloud.com