Nouveau Riche University Blog

The Checkered Flag – A Winning Approach to Real Estate Investing™

Admin — Sat, 27 Oct 2007 23:26:05 -0700

Welcome to our first edition of “R²E²”, the Residential Real Estate Encyclopedia. The goal of this volume is to develop the foundation for a multitude of real estate investing strategies and philosophies that will be shared throughout the encyclopedia series. “The Checkered Flag” sets the stage and will give you valuable tips and techniques to put the wheels in motion for “a winning approach” to your real estate investing endeavors.

In this CD set with workbook, Bob Snyder, real estate investor and professional trainer and speaker, is joined by real estate experts, Tony Litster and Gavin McCaleb to bring you the real estate investing essentials.

“The Checkered Flag™” reveals these winning approaches:

Customizing the perfect investing strategy for YOU!..Let us show you how!
Fall in love with the deal, not the property…learn to work the numbers for accurate property values.
Where to find equity…foreclosures and 20 other prime sources of bargain real estate.
Creative team-building leads you to big profits with less time invested…Bob’s techniques revealed for leveraging talented teammates.
Technology saves you time and money…learn about tools and systems to prescreen sellers, tenants and buyers, so you don’t have to.
Getting the deed without the debt…simple strategies for the credit- and cash- impaired investor.
Don’t wait until you own it; Sell it now! Discover different ways to remarket the property during the closing process.
Dialog is king…learn what to say and how to say it to those in need of peace of mind.
Don’t get greedy…wholesale!

And lots more!

Why wait to make money in real estate? Bob and his guests will teach you how to earn, while you learn to invest! And they will present you with a surefire system for your first profitable deal, from start…all the way to the finish line!

Murphy's Law – Legal Pitfalls in Real Estate Investing and How to Avoid Them™

Admin — Sat, 27 Oct 2007 23:31:15 -0700

When working toward the solution of a problem, it always helps if you know the answer. - Rule of Accuracy

This CD package with corresponding workbook, “Murphy’s Law” - Legal Pitfalls in Real Estate Investing and How to Avoid Them, is specifically designed for the real estate investor. In a survey approach, Mark Kohler explores seven topics without using scare tactics and offers sensible approaches to legal situations in real estate investing. Mark explains a number of complex, legal principles with interesting stories and anecdotes, leaving listeners with ideas and strategies they can implement with their personal planners.

Topics include:

The legal differences between various types of entities (e.g. a Limited Liability Company, a Corporation, Limited Partnership, etc.) and advice as to which one may be best suited for real estate investors or professionals;
Partnerships and Joint-Ventures, including provisions that partners should include in their partnership Agreements;
Coordinating a real estate investor’s estate plan and business plan, and exploring the nuances between a will and trust and the effect of real estate in a decedent’s estate;
Asset Protection Strategies and a straightforward, cost-benefit analysis as to which types of strategies could actually be legal pitfalls;
The basics of Buy-Sell Agreements between partners in real estate projects and how death, disability, divorce or partner’s departure can be handled in creative ways;
Contracts for the purchase and sale of property, including construction contracts and problems that can be avoided by drafting the proper types of contracts;
Lease Agreements in commercial and residential rental scenarios, as well as strategies and clauses that every landlord should consider.

With “Murphy’s Law,” you can tap into the education and knowledge of a practicing Attorney and CPA, representing hundreds of clients involved in real estate investing. This powerful information will provide you with numerous new strategies and tools that you can use in your real estate projects.

Diamonds in the Rough – A Guide to Successful Rehabs™

Admin — Sat, 27 Oct 2007 23:32:00 -0700

Why in the heck would I ever want to do a Rehab?

You can add money to every deal.
It will help you evaluate potential deals, even if you plan to flip them quickly.
They don’t take as much time as one might think.
They allow you to sell every property at retail prices.
You open up the market to all buyers for your properties.
They really can be FUN!

In this live-recorded DVD set with accompanying workbook, Lance Dehning will share his intimate knowledge of “rehabbing” investment properties with you. While many investors dread the idea of a rehab project, Lance will show you how painless it can be, as he breaks down the process of his “rehab system” from start to finish.

Simultaneous Projects…

After doing much of the physical work himself on dozens of houses, Lance has developed a system that allows him to do six or more rehab projects, simultaneously!

Lance will teach you:

Why the knowledge of rehabs is key to all investors -- even if they do not plan on taking on a project
Step-by-step ways to make big bucks on every area of rehab projects
Tips to make your rehab projects come in under budget
Why smells, bad roofs, radon, and even mold can be like gold
How to determine which items to fix first, if your money is limited
Ways to make a kitchen sparkle on the cheap
How to make cash in trash
Much, much, more!!

Learn how to find the “Diamonds in the Rough” and add fast cash to your deals, while taking little time out of your busy schedule.

Long Profits on Short Sales™

Admin — Sat, 27 Oct 2007 23:32:41 -0700

What is a short sale?

In a nutshell, it is lender discounting. More specifically, it is when a lender agrees to discount in order to allow you to purchase the property as an alternative to foreclosure.

What does this mean to you, the Investor?

You earn “Long Profits” on “Short Sales!”

Tony Litster and Gavin McCaleb developed a system for short sales that they discovered could be repeated like clockwork. They created “Long Profits on Short Sales” to help new investors avoid the mistakes they made along the way… and to equip others with the crucial information needed to go out and take action!

This DVD set with corresponding workbook will give you the knowledge that, when applied, can greatly improve your financial position.

You Will Learn:

The Difference Between Short Sales and Mortgage Discount
An Overview of the Foreclosure Process
How to Recognize and Quickly Evaluate Deals
How to Find “The Perfect Deal”
The Psychology of the Seller
Making an Offer the Seller Would Love to Accept
Getting the Deed
What to Say to the Bank

... and much more that prepares you to take action and get started on
your way to success in Short Sales!

The Reference – The Building Blocks of Real Estate Investing™

Admin — Sat, 27 Oct 2007 23:33:23 -0700

Nancy Dana has amassed a great amount of knowledge in several aspects of real estate investing. “The Reference™” is a compilation of this knowledge, designed to provide you with the building blocks of real estate investing.

Use this guide to steer you through the mechanics of a real estate transaction -- from writing the offer and finding the funding, to understanding the closing process. Learn about basic real estate concepts, such as buying from motivated sellers, how to use leverage to your advantage, why you want sellers with problems (and not properties with problems), and more.

Learn about the five phases of every successful real estate investment:

How to find a great investment property
How to get control of that property
How to finance the purchase
How to add value to your investment
How to make money on your investment

The Reference™ lays the foundation that every investor needs to understand real estate transactions, make better buying decisions, and grasp the many ways to profit in real estate.

Give me a Break – Tax Minimizing Strategies for Real Estate Investors™

Admin — Sat, 27 Oct 2007 23:34:07 -0700

GIVE ME A BREAK!

…A tax break, that is…

Gain insight into the practical applications of owning real estate and the tax impact you may face in a variety of real estate investing scenarios.

“Give Me a Break” -Tax Minimizing Strategies for Real Estate Investors™ is presented by the dynamic educator and professional Mark J. Kohler, M.Pr.A, C.P.A, J.D. This no-nonsense program covers numerous strategies that can save the average real estate investor thousands of dollars and presents various structures to properly own and operate an active real estate investment portfolio.

Mark will share his expertise on:

The differences between several types of business entities and tax impacts for each
The tax benefits of owning rental real estate and a simple “4-quadrant approach” to explaining its benefits
The tax differences between a passive or active real estate investor, and real estate professional
Tax reduction strategies for every type of real estate sales transaction
Strategies to maximize deductions and minimize taxes in a real estate investor’s business
1031 exchanges and this exciting code section’s applicable rules and provisions regarding the sale and exchange of replacement property
The most recent developments in the use of qualified money to invest in real estate and structures which allow you to invest your IRA directly into your real estate business
Charitable Remainder Trusts and the powerful ability these structures provide to save taxes on highly appreciated property

…and more!

You will be empowered with a number of tax strategies to maximize your deductions, minimize your taxes and ‘get a break’ from the IRS, under the most complex tax laws in the world.

Property Professor – Standard Edition - A Powerful Analytical Software Tool™

Admin — Sat, 27 Oct 2007 23:34:57 -0700

Property Professor™ - Standard Edition, is a smoothly integrated suite of real estate database and analysis tools, which allows, for the first time, an investor with even modest resources to professionally manage a prospective portfolio of rental properties. With robust information on the properties, their owners, tenants, condition, financing potential, cash flow, and the maximum advisable offer to make in acquiring the investment, nothing is left to chance. As the investor gradually accumulates data on a number of individual properties in which he/she may have an interest, a critical mass of information is growing into the “inventory” that every successful real estate investor must have. Coupled with the Properties database and tools is a sleek companion, Contact Manager, which the investor uses to organize the many necessary relationships… prospective buyers, real estate agents, lenders, contractors and insurance people.

Feature List:

Amortization Analysis
Contracts
Contact Organizer
Discount Mortgage
Market News
Portfolio Tracker
Mileage Tracker
Personal Financial Statements
Online Data Backup
Expense Tracker
Payment Tracker
Time Tracker
Mortgage Calculator
Mail Merge
Business Planning
Detailed Reporting
One-year free updates

As you build your business with Property Professor™, you will find yourself able to accomplish more with its rich set of features and, in turn, will be better able to make more informed decisions about the potential real estate transactions on which you have an opportunity to work.

Tenants, Toilets, & Termites - Successful Landlording Without Losing Your Money Or Your Sanity™

Admin — Sat, 27 Oct 2007 23:35:40 -0700

Landlording – what’s it all about?
Yes, it is true that owning and managing a rental property can pose challenges that make you wonder why you ever decided to maintain that rental. You may think that it’s acceptable to wrestle continually with these problems, and it’s just part of the business. Not true: there is a better way!

It’s about managing profit – not just dealing with tenants, toilets, and termites! It’s about decreasing expenses and increasing equity. It’s about managing property the smart way, not the hard way. It’s about making quality repairs, finding creative improvements, and overall, effective management of your financial investment.

“Successful Landlording Without Losing Your Money or Your Sanity” by John Dessauer will cover the five vital systems of property management that can enable investors to change their perspective from managing common inconveniences to overseeing a profitable investment.

An overall view of property management
Become the "CEO" of your property management company. Learn how landlording mirrors business in every way.
Developing your team: The 12-player roster that makes you a successful property manager
Due Diligence: Why that is so important in managing your property and how it makes you money
Tenants: How to treat them like employees and why that method works, when managing a property.
These systems will provide you with the essential strategies of managing property to increase your chances for success and create tremendous profits.

Effective Real Estate Negotiations®

Admin — Sat, 27 Oct 2007 23:36:26 -0700

Omar Periu has combined his real estate experience with his tremendous ability to persuade to develop “Effective Real Estate Negotiations®,” a hands-on, how-to, negotiating program that will change your life, forever.

As a real estate investor, you are always negotiating, whether it’s purchasing, selling, or working with vendors, contractors, lenders, etc. Effective Real Estate Negotiations® is designed for anyone who wants to learn the secret to mastering the art, science and skills of negotiation. The methods and systems revealed in this product can help you to save money, make money and increase your negotiating power in your real estate transactions.

The 4-CDs and comprehensive workbook with 10 sessions are filled with effective principles and strategies to transform you from a good negotiator to a great negotiator.

Session 1: The 5 Basic Principles of Real Estate Negotiation

Session 2: Win/Win Your Way to Success

Session 3: Mastering the Process of Negotiation

Session 4: 36 Winning Strategies & Tactics

Session 5: Pick Up the Phone! –Telephone Techniques

Session 6: Get Personal

Session 7: Obstacles Are No Such Thing

Session 8: You Gotta Have Personality

Session 9: Tips, Techniques & Traps

BONUS - Session 10 (CD only): Closing the Deal

Omar believes that you already have all you need to become a successful negotiator. All we have to do is bring the skills out, develop and improve them. Omar’s tips and techniques to make that happen are all here, with examples and exercises to reinforce these important fundamentals!

It’s All About the Money – Raising Private Money for Real Estate Investments™

Admin — Sat, 27 Oct 2007 23:37:12 -0700

It’s All About the Money! Especially other people’s money!

Myth: Financing is a very complicated topic, and you need a great deal of formal education to understand all of the options available to the modern consumer.

Fact: You do not need a college degree. All you need is the motivation and the discipline to take charge of your financial life.

The goal of this product is to make that process fun and easier for you! In this professional recorded and edited DVD series with accompanying workbook, we will introduce principles, processes and tools that focus on raising private capital to provide above-average Return-on-Investment for select individuals and partnerships via real estate projects.

The product is designed to enable you to:

Understand the need for financial education and diversification of investment portfolios via real estate
Contrast and compare the differences between private lenders and conventional lenders
Identify the steps needed to create value in real estate developments
Analyze creative, non-conventional, financing alternatives
Identify and detail strategies to attract investors and establish credibility
Identify the documents needed to initiate, manage and close a deal
Analyze financial statements and Return-on-Investment (ROI) spreadsheets
And much more!
“It’s All About the Money,” reveals numerous strategies for securing financing. You will learn all of the necessary components to evaluate and understand how to use creative financing to help create significant Return-on-Investment (ROI). PLUS, receive “behind-the-scenes industry information” regarding Wall Street and the mortgage industry that will shift your belief system and empower you to make informed, financial decisions.

Divide & Conquer- Creating Wealth In Creative Ways With Multi Family Dwellings™

Admin — Sat, 27 Oct 2007 23:37:59 -0700

Learn to DIVIDE & CONQUER from a master of multi-family dwelling real estate investing.

John Dessauer will teach you how to significantly increase the value of a multi-family dwelling by repackaging it.

John, affectionately nicknamed “Johnny D”, has created his own systems to re-package larger commercial properties into smaller multiple family dwellings. John compares it to purchasing a soft drink from a vending machine versus buying it by the case from the store. In other words, when you buy, you want to buy by the case lot; but when you sell, you will want to “bring out the vending machine” -- sell one soda at a time.

This instructional video is accompanied by an audio of a question-and-answer interview, designed to be both informative and entertaining, as well as a complete set of essential sample documents. By following his simple techniques, you will learn how to buy real estate in bulk and sell it off in pieces for high profitability.

Learn how to get results by using John’s techniques for creating wealth in creative ways with Multi-family dwellings.

Put the Gold in Those Golden Years - Simple & Safe Wealth Maximizing Strategies to Enhance Your Retirement™

Admin — Sat, 27 Oct 2007 23:38:40 -0700

Are you confused about your retirement plan?

  …Ever wonder just who is eligible for a retirement plan?

    … Do you know how to convert unearned income into earned income?

Planning for your retirement can be confusing… but it doesn’t have to be!
Learn from Curtis DeYoung, an authority on self-directed retirement plans, simple and safe, wealth-maximizing strategies to enhance your retirement.
Self-directed plans allow almost any investment type, including the lending of money to another party, as is the case in promissory notes, real estate mortgages and discounted real estate contracts. The majority of IRA sponsors – including banks, brokerage firms and insurance companies – limit your investment options to the financial products that benefit them the most. With self-directed retirement plans, you, as the individual investor, can acquire the products that benefit you the most. With few exceptions, self-directed accounts give you unlimited investment options.

This CD set and workbook will introduce you to the many benefits of self-directed IRAs and give you insights on enhancing your retirement.

You Will Learn:

The many advantages afforded by a Roth IRA
Why an IRA is a vehicle and not an investment
How you can utilize your family’s retirement-plan dollars to invest
The difference between a transfer and a rollover
How IRAs allow you to be a more aggressive investor
How the use of the proper IRA vehicle can eventually convert most of your taxable income to non-taxable income
Different scenarios with the time considerations and dollar limits for depositing, transferring and withdrawing money from your retirement plan
How to borrow from yourself and pay yourself back with interest

Don’t wait another moment! Apply this valuable information, now, to put the gold in those golden years!!

Here Today, Gone Tomorrow – The Wholesale Real Estate Game and How to Win It™

Admin — Sat, 27 Oct 2007 23:39:15 -0700

Were you ever told that money doesn’t grow on trees?

                    Do you need cash, today?

          Do you want to do no-money-down, real estate deals?

What do these questions have in common?
Wholesaling real estate.

I believe wholesaling is the only true, no-money and no-risk real estate investing opportunity available. Add deals with little money down and you have your own “money tree.”

Wholesaling does have its own, unique challenges and opportunities; but every investor’s portfolio should include wholesaling strategies to maximize their cash flow. “Here Today, Gone Tomorrow” discusses the fundamentals of wholesaling and demonstrates the reason why I choose the buy-and-sell route over buy-and-hold. You’ll quickly see how you can earn quick profits on investment properties that are here today and gone tomorrow!

In the audio CDs and workbook, we will establish how to locate, structure, and sell wholesale deals. We will analyze the legal and administrative pitfalls of wholesaling and describe how to avoid them. We will demonstrate illegal commission and flipping schemes, as well as their solutions. We will talk about finding an abundant source of buyers and how to improve your wholesale timetable.

Our goal is to provide you with the education and ability to comfortably add this powerful money-making tool to your real estate investment portfolio.

Wishing you successful investing,

Chris Wilson

Flippin’ Explosion – Fix ‘n Flip, the Fastest Growing Trend in Real Estate™

Admin — Sat, 27 Oct 2007 23:39:55 -0700

Wanna generate cash in real estate NOW… not in 10 years?

If you said “Yes!” then you want to know how to buy and sell properties quickly.

Get involved in the FLIPPIN’ EXPLOSION

“Flippin Explosion” with self-made real estate millionaire, Frank McKinley, will reveal the facts on this popular real estate investing method that’s taking the industry by storm!

Topics include:

The different types of “flippers”
The “rules” for flipping properties
The advantages and disadvantages of various flipping strategies
How to find profit in the good, the bad, and the ugly properties
How to construct money-making offers and increase your chances of having an offer accepted
Establishing clearly defined objectives for entry, post-entry, and exit phases
How to gracefully back out of the deal
Challenges you may encounter and the way to overcome them
The pros and cons of various marketing methods to remarket the property during the closing process
How to evaluate and determine the value of prospective investment properties
How to determine After Repair Value (ARV)
Cost-effective, quality repairs that can enhance the resale appeal of the property

…And several other “hidden secrets” from Frank that will help you put deals together faster and start making money, NOW!

The Standard - Unconventional Profits from Mortgage Financing™

Admin — Sat, 27 Oct 2007 23:40:33 -0700

Learn how to use money to make money!

When buying a personal residence, the majority of people use conventional financing. Most successful real estate investors use more creative financing techniques to ratchet up the profits on a transaction, do more deals and get the deals other investors can’t accomplish. In The Standard™, Nancy Dana discusses these techniques plus more creative sources of financing that will allow you to beat your competition to the closing table every time.

You’ll learn credit and financing basics, such as:

Promissory notes
Mortgage
Deeds
Liens
Mortgage products that will increase your cash flow dramatically are identified, such as:

ARMs
Option ARMs
Negative amortization

Interest only
Home equity line of credit

Unconventional profits!

Nancy will teach you unconventional ways to make money in the real estate industry, including an exciting growth area for real estate investors that requires very little start-up capital and no credit history or FICO score -- buying and selling private notes for fast profits.

If you are ready to explore the possibilities, The Standard™ will show you how to make unconventional profits from conventional mortgage financing…and more!