Wholesalers if I can show you a way to take all those leads that you are currently throwing in the trash and turn them into cash would that interest you?
Let’s face it you work hard and spend a bunch of cash pulling in leads and the problem is that you have to trash a whole lot of them because they don’t have enough equity in them to make it work or the seller won’t take your low ball offer. What a waste of time and money!
What if I could show you a way to add thousands of dollars to your bottom line using those dead leads to generate deals instead of disposing of them.
You already have the leads but lack the skill to make use of them so why don’t we bring a little bit of transaction engineering into your life. Being a one trick pony is costing you tens of thousands of dollars every year and the solution to that problem is easily cured.
It’s getting tougher by the day to be a successful wholesaler because of competition from other wholesalers and the entrance of the major Wall Street funds that are buying everything they can find and paying top dollar at that. It’s to the point where I’m seeing bidding wars on properties that you couldn’t give away a year or so ago.
It’s a good time for you to put on your transaction engineer hat and add a niche to your current program that will allow you to take advantage of all the hard work you put into your search for leads and make the most of every lead you can find.
I want to show you how to explode your cash flow whether you’re a seasoned pro or just getting started in wholesaling.
I’ll show you how to create an automated lead machine that will provide qualified leads for you day in and day out. After all leads are the life blood of the business and I’m going to show you a lead machine that you can put into place and manage for free!
If you stick with me for just a little while I also show you a list of things that will skyrocket your business model in a heartbeat.
I want to show you:
How to increase your income by adding one of the hottest niches in real estate to your current program.
How to wholesale properties with little or no equity.
How to wholesale pretty houses in nice areas that need no repairs.
How to wholesale properties nationwide right from your desk.
How to wholesale properties close to retail price.
How to fast track all of the above by being mentored for less than a night out to dinner and a movie!
So how can you incorporate all of the things I’ve mentioned above into one neat package that will change your business forever?
It’s simple really, all you need to do is add an amazing real estate niche to your current program and fast track your way to success by adding a revolutionary mentoring program to propel you onto the next level.
Let’s start with the methodology that you need to learn in order to expand your horizons and bank account. Here’s part one of your transformation to transaction engineer.
Wholesale Lease Options
Wholesale lease options is the vehicle you’ll use to turn all that trash into cash. I’m not going to give you a formal class on lease options here but I am going to get you acquainted with them so you’ll have a good idea of how they work.
What Are Wholesale Lease Options?
It’s a contract to lease a property for a specified time frame with the option to purchase it by a specific date at a predetermined price.
You’ve probably heard it called rent to own or lease purchase but all three are the same thing just different names.
Wholesaling lease options works very similar to the traditional wholesaling you’re used to doing but instead of flipping the property to a cash buyer you’ll work with an end user.
You’ll assign the contract for an assignment fee and you’re out of the deal. It’s what you’re already doing but with a lease option.
When dealing with wholesale lease options there are some pretty neat perks:
No Cash or Credit Needed
You control the properties with a $10 to $100 earnest money deposit so you’ll control it without owning it.
No House Fixing
You’ll be dealing in pretty houses that need no repairs so there’s no sweat equity or contractors to deal with.
Personally, I have this thing about going into debt, I don’t do it. Why should I buy a house when I can control it and make the owner the bank. I don’t like personally guaranteeing loans and I don’t like dealing with hard money or private money lenders. Why should I beg for money when I don’t need to?
Like I said all I have to do is make the owner the bank.
Before I go any further is there a market out there?
Millions of properties with little, no or negative equity.
Tons of sellers that won’t take low ball offers.
Lots of Lease Option buyers out there because 82% of buyers can’t qualify for a mortgage right now.
Only 18% of all buyers can buy a house through a Realtor right now.
How wholesale lease options work
Put property under lease option contract
Seller to approve buyer
Prepare Contract for buyer
Take upfront money as the Option Consideration
Assign buyer contract back to seller, get releases
I would imagine you wholesalers recognize the above as it’s pretty close to what you’re already doing.
As you can see adding wholesale lease options to your tool kit can be done very quickly with the right training and I’ll address that a bit later.
I want to address something I mentioned earlier regarding the fact that you can do wholesale lease options virtually. It’s impossible for you to run out of leads in your lifetime because you can do these deals anywhere in the country.
I would however mention that the state of Texas has some laws that make it difficult to do lease options so I stay out of Texas but what the hell, I’ve got 49 other states to work.
Let me give you an example of one of my deals.
I received an email one day from a postcard that I had sent to an old active listing on the MLS on a property about 2 hours away from my office. It turns out that that postcard actually got forwarded to the owner who had moved overseas because of a job transfer.
The house was listed at the time so we didn’t do business and the lead went into my dead lead file. I continued to follow up with the seller by email for several months and about three months later I got an email from the seller who was now ready to talk business.
For whatever reason the Realtor couldn’t get the house sold and I don’t really understand why because it was a really nice 4 bedroom 2.5 bath house in a beautiful area. The owner had bought a new home overseas and only had two months of cash left to carry the mortgage on the old home and after that it was going into foreclosure.
The seller wanted $230,000 for the property and it comped out at around $240,000 so there wasn’t enough equity to do a traditional wholesale deal.
The seller and I negotiated everything by email and signed the contracts using Docusign a company that allows you to sign contracts over the internet.
I put $10,000 on the asking price and had her neighbor show the house and she even put up a “rent to own” sign on the property for me.
About four weeks later I sold the contract to a young couple with a growing family. I assigned the contract, took my $10,000 and was out of the deal. All of this from a dead lead with little equity in it that I continued to work.
Here’s the part you’re going to like. I never saw the house except for pictures I used in the ads, never met the owner and I never met the buyer because we negotiated the deal over the phone and did all the paperwork over the internet.
The buyer sent me a certified check in the mail and the neighbor gave him the key to the house. I never left my office on this deal!
Here’s the thing. It doesn’t matter if the house is two hours away like this deal or 20 hours away like other deals I’ve done.
The deal works the same way so distance doesn’t matter. So like I said, you can work the whole country and that makes it impossible for you to run out of leads in your life time.
How to Use Sandwich Lease Options to Build Residual Income
I want to take a minute here to let you know that as fantastic as Wholesale Lease Options are, I would be remiss if I didn’t turn you on to Sandwich Lease Options.
Once again I’m not going to give you a complete seminar on sandwich lease options but I do want to give you an overview so you can see what an amazing opportunity you have here.
Most investors that want to build residual income go to the bank or money lender and go into a lot of debt and purchase the house.
They then fix it up and rent it out. Nothing wrong with that if you like to be in debt, fix up houses and deal with tenants.
With a sandwich lease option things work a bit differently but produce a better result.
In this scenario you get the house under a lease option contract, make the owner the bank (no debt), don’t fix anything (the house is ready to go) and put a tenant/buyer in the house (way better than a tenant and he takes care of regular maintenance). In addition, you get to keep the upfront option consideration as opposed to taking a security deposit and putting it in an interest bearing bank account and giving it back to the tenant in the future.
Unlike a Wholesale Lease Option which has only one payday a Sandwich Lease Option has three paydays.
The first is the upfront money (option consideration) the second is the rent spread ( difference in what you need to pay the seller and what you collect from the tenant/buyer) and the backend (the cash left in the deal at close).
The best thing about the Sandwich Lease Option is the residual monthly income that comes from the rent spread. Do the deal once and get paid every month for as long as you control the property.
So you have a choice here of using a wholesale lease option or a sandwich lease option depending on your objectives, distance and the numbers.
Now you already have the leads in place to do plenty of lease options but you just don’t know it so let me show you what I’m talking about.
In my experience when I was doing a lot of wholesaling I found that it took about 20 leads to get one deal. You may have a different experience, some more and some less but I think this is a good number for the sake of this example.
The point is that wholesalers have to go through a lot of leads to get one deal.
The two top reasons that wholesalers trash a lot of deals are
1. The seller won’t take the low ball offer.
2. The property has little or no equity.
There may be other reasons but it’s for sure that these are the top two on the hit parade. So if the seller won’t take the offer or there is not enough equity in the property the lead goes in the trash after all that hard work to find it in the first place. What a complete waste of both time and money!
The problem here is that most wholesalers are one trick ponies and if the property won’t work out in this strict criteria they simply throw it away.
What’s Going in The Trash?
Let’s have a conservative look at what wholesalers are throwing away on a daily basis. I’m going to stay real conservative here as I know wholesalers that do 10 deals per month or more but let’s just say we’re dealing with a wholesaler that does 2 deals per month and it takes 20 leads to get one deal.
That would look something like this:
Wholesaler does only 2 traditional wholesale deals per month
20:1 = 40 leads to get 2 deals
38 leads trashed
If only 1 of those 38 leads work out as a wholesale lease option
$10,000 assignment fee per deal
That’s $10,000 additional income per month or $120,000 additional income per year from leads that you were trashing!
I want to make sure you understand what just happened here.
You’re looking at $120,000 in additional income working with the leads that you are currently throwing in the trash.
Let’s say that I’m wrong about getting one deal per month and you get one every other month. That’s an additional $60,000 from leads that you are trashing.
Any way you cut it every time you look at your trash can you should see dollar signs.
The fact of the matter is that you wholesalers already had the leads in place but just didn’t know it.
If you like the idea of 60K or 120K from the leads you are throwing away wait until you get a look at what I’m about to show you.
Let me introduce you to the Ultimate Automated Lead Machine!
Do you think that other wholesalers like yourself are throwing deals in the trash because they won’t work as a traditional wholesale deal?
You bet they are and there are literally hundreds of thousands of wholesalers out there trashing tens of thousands of leads.
Let’s suppose that over a short period of time you contact a bunch of wholesalers out there and say the following.
“Mr. Wholesaler my name is Joe and I’m a wholesaler like yourself and like me you’re probably trashing a lot of leads because the seller won’t take your low offer or there’s not enough equity in the deal to make it work right?”
The only answer you can get is, right!
“Mr. Wholesaler if I can turn those dead leads into cash deals and put cash in your pocket from those dead leads would that interest you?”
That’s it, that’s as hard as it gets.
So, let’s further suppose that you get a hundred or so out of the hundreds of thousands of wholesalers out there to work with you and they begin to send you their pretty house dead leads.
Let’s say that out of all the leads that these wholesalers are sending you only one lead works out as a $10,000 wholesale lease option every month. So, if you do a little math that’s $120,000 per year from leads that are coming to you every month instead of you spending all that time and cash marketing for them yourself as you are currently doing.
To be clear I have students that have made a full-time business just working with wholesalers to get their dead leads.
So, as you can see there is a lot of incentive here to become a transaction engineer and add one super niche to your existing program.
I’m not suggesting that you change anything you are currently doing just expand your horizons rather than remaining a one trick pony!
The only obstacle standing in your way is that you don’t know much about how to work with wholesale and sandwich lease options or the Ultimate Automated Lead Machine.
After over 25 years and hundreds of deals working with lease options and the Machine and teaching these methods to thousands of students over the last 10 years, I know a little something about how to get you up to speed quickly.
How to Fast Track Lease Options & The Lead Machine
There is no better way to learn and cut your learning curve down than by working side by side with a Mentor/Coach.
If you want to master Lease Options and the Ultimate Automated Lead Machine quickly my revolutionary Earn While You Learn Lease Option & Ultimate Automated Lead Machine Programs is the way to go!
I’m going to recommend that you check out my Lease Option and my Ultimate Automated Lead Machine Mentoring Programs which will get you where you want to go without the sticker shock.
You can do that at my site www.realestatementoringusa.com. I understand that the fees for most of the mentoring programs out there are somewhat ridiculous but you can get into my programs for less than a night out to dinner and a movie with your significant other.
While you’re at my site check out two of my students at the student interview tab and see how my student Ayo who among other things generated $50,000 in 90 days or my student Corey who put in place $11,000 in monthly income in 10 months using the techniques in my programs.
You also might want to take note that both students had no major background in real estate.
In my program you’ll Earn While You Learn as I walk you through the deals from beginning to end which’ll cut your learning curve in half and get you out on your own quickly.
I make my fee by walking you through deals and splitting the assignment fees with you. If I can’t get you making money with Wholesale or Sandwich Lease Options, I don’t make my fee so it’s a win, win for all concerned.
I Want to Make You An Offer You Can’t Refuse!
Now for those of you who are action takers I want to make you a special offer right here, right now.
I want to offer you my Lease Option Mentoring Program for only $97.00 and as a special bonus I’ll throw in my Ultimate Automated Lead Machine Program for FREE!
My Lead Machine Program is designed to show you how to find, contact and work with the hundreds of thousands of wholesalers out there to get their dead leads and turn them into cash deals!
So it’ll cost you only $97.00 for both programs and if you wish to continue to be mentored after the initial 30 day mentoring period that will only cost you $25.00 per month for as long as you want to be mentored and you can cancel at any time.
So, for about $0.83 per day I’ll be there to walk you through the mine fields and answer any questions you have.
You’ll have the answer man on call every day for less than the price of your favorite candy bar!
So, don’t stop what you’re doing just add the Machine and Wholesale and Sandwich Lease Options to the mix and become a Transaction Engineer instead of a one trick pony!
Increase your bottom line two or three fold by adding one simple niche to your existing business model.
I can promise you that it won’t hurt a bit!
To take advantage of this offer click on the button below or put the URL below in your browser:
I can’t say how long I’ll keep this offer in play but for the moment you’re good to go!
My mentoring programs are designed to teach you all kinds of great new stuff and to get the paralysis of analysis out of your life forever!
Thanks again for stopping by and I hope to be working with you soon.
It Never Hurts to Explore The Possibilities!