Here’s the article that shows you how to go from broke and homeless to a multi-millionaire in 90 days or less.
Step 1) You are homeless, so you find a place to live. Under a bridge or at a homeless shelter or you meet a friend and ask if you can sleep on her couch. (time: 2 days)
Step 2) Try to get whatever little advantage you can. That means anything from a) borrowing from friends’ family. b) get welfare c) find where you can get a free meal d) work some temp jobs e) maybe buy and sell something for quick money ie: scalp tickets at a game or something f) make your resume and high online and in print. (time: 2 days)
Step 3) At this point, let’s say you’re at least barely stable. Even though you’re still jobless. So you start applying for a job. It makes it a challenge to see how many places you can apply or interview for per day. Like the winner of the Guinness Book of World Records for applying to 500 places per day and interviewing at 10 of those places daily. Like you turned it into a marathon. You literally apply for “any job” within your city. Anything from the CEO to McDonalds. And you set the goal of having a job in 1 week or less. 2 maximum (time: 2 weeks)
Step 4) By now it hasn’t been a month and you have a place to stay and you have a job. You receive your first salary. At that point, your time on your friends’ couch or at the homeless shelter will be over. So you say goodbye and find someone who is renting a room in her house for very little money. You rent that and you move. (time: 2 weeks)
Step 5) With your next paycheck, you buy a used computer and start using it after work. You work 8 hours, you sleep 8 hours, that gives you 8 hours to surf the web. Then use that time to start learning how to invest in real estate. Just study everything and anything you can find about real estate investing on the net. Your goal is to become “an expert” in real estate investing. You join all the real estate clubs in the area. You find a real estate mentor. You buy a good home real estate study course. He uses his travel time to listen to audio about real estate investments, etc. (time: 2 weeks)
Step 6) You start networking with other real estate investors. And go the extra mile to meet the biggest players in the real estate investment club. You make up some business cards. Exchange with them and get to know them. You try to get one of the biggest players to be your mentor. That is done simply by making friends with them. So you start making connections.
And start looking for potential investment properties on MLS online listing sites. (time: 1 week)
Step 7) You keep saving money from your day job, you keep networking, you keep learning about real estate investing, and you keep working on your story. You have now saved enough to start your real estate business. You print some business cards. Buy cheap $500 because that will matter. A cheap suit. A cheap briefcase. And place an ad in the local newspaper and online classifieds that says something like: “Earn 10-15% annual return on investment. Your name on the title deed gives you a 100% sure return guarantee. Call at 555-555-5555.” (time: 2 weeks)
Step 8) You will start receiving calls from interested investors. He wants to find someone who has money and good credit. that you don’t have yet When they call they ask “what is this about?” You say, “I’m a real estate investor. I buy houses that would be great for home investment or rental. I have several great investments right now. Can you sit down with me over coffee and I’ll show you a few of them, how about the Tuesday at 3 pm does it ring?”. You meet them. You park your old cheap $500 rusty car at the end of the block so the customer won’t see it. (ha ha) He meets the angel investor (client) and shows him some of the listings he printed from the MLS that he has already considered good investments. You ask the client to contribute the money and the credit to obtain the mortgage. That’s part of the investment. Your part will be to orchestrate the investment of the house. So you tell the client, “Look, I’m an expert on these things. You put up the money and secure the mortgage on the property, I’ll do the rest in terms of cosmetics and the investment in the house. So once we sell the property , we’ll split the profits 50/50. You show them how your ROI will be much higher than the 15% you originally promised. How they’ll be on title as owners so they’re 100% sure.” He also relates to people from the real estate club who offer this deal. You may have to talk to 100 people to find 1 that will bite. (time: 2 weeks)
Step 9) You have found your angel investor. Get them to agree to work with you in writing. You get verification of your ability to finance the deal and have the credit to get the mortgage. Find a house below that would make a great home exchange. Get them to provide the funds for the down payment. You tie up the property. You have the investor go see your mortgage broker to get a mortgage on the property. You have your lawyer draw up the paperwork that also secures your part of the project in writing, so that when the property is sold, he will get half of the funds. So that both you and the investor know in writing what your commitments are. (time: 2 weeks)
Step 10) You buy the house. One that doesn’t need tons of reindeer. So you mow the lawn, paint the front, give it a deep clean. Stage it. Re-number it. And flip it around for a very healthy profit. After all expenses, his investment turned out reasonably well, netting $40,000. Your angel investor receives $20k and you receive $20k. Now that your angel investor is happy and has some trust with you, you start working with them on a regular basis. Just rinse and repeat. You get them to do another and another with you. Let’s say on average you can pocket $20k per project. You make 5 pitches and now you have $100k saved. At this point, you may be able to start doing somersaults on your own.
Step 11) You use that $100k to make your first pitch. Find an amazing deal, buy it, or work with your mortgage broker to buy it and get an established income mortgage. You turn it around and this time you pocket the full $40k. Just keep doing that now. You flip another 10 properties. $40k x 10 = $400k. At this point, you turn your operation on a much larger scale. You hire some novice real estate investors to work with you. You train each of them to go out and find deals. You finance them. They do the work of flipping them. And you pay them a salary plus a small commission on successful launch. Now, with a team, you can do at least one somersault every week. So, in no time, you will see monthly earnings of more than 100,000.
Well now this is where it gets interesting… But you have to visit my website to find out how the story ends. See you there.