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foreclosures and short sales Foreclosures and Shortsales: Constructing a Killer Offer -- The Insider's Track to Fast Wealth
by Jeff Kaller
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foreclosures and short sales

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Short Sales Exposed Home Study System
The ultimate self-study package. Two step by step manuals take you through the exact sequential steps on how to run an extremely successful Preforeclosure business. Lots of meat, 34 tested ways to generate leads.

 

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Constructing a Killer Offer -- The Insider's Track to Fast Wealth

Through my real estate investing experience and the help of my amazing short sale advisory board consisting of 50 students, loss mitigators on staff and my coaches we have developed 100 percent of what's in this Special Report series. The even more distilled delivery exists in the environment of my live events. You can uncover knock-offs and cheap products from people who have collected our information over time. I cannot and never will be able to control that. They call copying the ultimate form of flattery although the information herein you are about to read is exceptionally new and comes only from the Real "Jedi Master."

The contents in this report have just been published. You cannot get the secrets I am about to reveal any where but from this report. It's deep, accurate and fresh out of my head. This report will soon allow you knowledge to easily and consistently make winning offers to the bank.

As we set the stage to perform a deep discount on a property it takes no more than a few hours of the compiling information that will enable you to formulate in 5 minutes what to offer a lender. It's the supporting documentation you provide and your inept ability to compel belief in the members of this play that determine if you'll deserve a standing ovation. What constitutes a roaring standing ovation is the exact outcome that has lead thousands upon thousands of my students to leave their jobs behind . . . well over a million families to avoid foreclosure and over $50,000,000,000 (billion) that has been re-circulated into our economy. In plain English you need to be paid a 10 percent Net Profits Margin for whatever your gross sales price is on any deal you put your time into. That is the minimum I will allow you to have in hand when your deal closes. Ultimately if your final sales price on a property is $845,000 your net is $84,500. Your self worth will determine what the number is so let me help you determine that now.

A buddy of mine I went to college with used to unmercifully rag on the grades I made which were generally C & D's. He studied as a healthcare practitioner and ended up specializing as a Cardio-pulmonary Perfusionist. His job in the hospital is pretty normal to most I guess like setting up and operating lung and heart machines that take on the functions of a patient's organs while in surgery. These machines balance recirculation temperature of blood in say a bypass. Now he's seen death, dismembering and all kinds of circumstances that might make you lose a little sleep to wondering if you are responsible for a kid's well being for the rest of his life. Good thing he has easy access to some heavy meds cause his habit would be extremely costly otherwise. He's a REAL smart guy who makes$150,000 plus a year. About 5 percent of his income goes to his pension. Right now he's to receive about 5 weeks paid vacation plus 12 holidays early. I ran the quick math for his hours and determined his $416.00 per day means he earns about $52.00 per hour.

My Point: The comparison of what you get paid for an honest hour of work. Just a sampling of my students taken last month yielded an average deal valued at $37,000 in profit (non-inclusive of tax consequences). Each file we work a deep discount average about 17 hours over the life of the deal. Most of my students are in fact averaging about $2,176 per hour, almost 42 times what my buddy from school makes. I value my working time at a minimum of $3,200 per hour although my entrepreneurial skill ________ pay me over $50,000 per hour.

We producers and people used to being paid based on productivity are likely to generate over $2,000 per hour of work using the skills taught in this series of reports.

I officially became unemployable when I took a pair of bolt cutters to my Just Over Broke (JOB) Handcuffs. I did it out of disgust and discontent because I realized my self worth didn't align with my income. At the time I walked out of the restaurant I was making $38,000 per year which amounted to approximately $13.19 per hour at 60 hours per week. There was no question if you asked me I would tell you my family life sucked because my self worth was not being met. My exotic vacations were limited to water Caribbean travel videos where available at Blockbuster. I'm willing to be you too have a burning desire to create more financial abundance. You are much more valuable than what you are currently being paid; maybe you haven't realized it yet. I used alcohol for over 10 years as means to anesthetize my short comings. My years of job and hourly pay kept me questioning why am I settling for less than my capabilities? Nobody answered that question; I had to discover it for myself. I'm pretty sure anybody who's not making 2K plus per hour is not present to their capabilities or they would already be earning that hourly wage on consistent basis. What you are about to learn in this report will allow you to make a minimum of 2,000 per hour once you act on the information in the other reports.

Let me tell you about another one of my buddies named Mark Evans. He's about my age and lives just outside Atlanta Georgia. Lives is not an accurate description, I should say visits. Mark is a real estate investor who has been traveling the world for the last 2.5 years non-stop. When he comes home to the 17,000 square foot mansion on the golf course he drives by and waves at celebrity neighbors. He just returned from Santori Greece and in a call last week told me how he runs his real estate business 100 percent online and by phone. His team is comprised of people who answer to email not in person. He enjoys a seven figure income and literally travels with no pre-plans, no schedule and no itinerary, but in the moment. My wife and I take weeks and weeks off sometimes without a particular destination in mind, just travel. One of my favorite quotes is by Lau Tzu, "A good traveler has no fixed plans, and is not intent on arriving." My daughter Allie and I have been on dad and daughter trips to 13 countries across the Caribbean and Central America.

My imagination fulfils a part of my spirit. That part insists I make over $2,000 per hour. Once I reveal these techniques I can promise you too will be officially unemployable. You will no longer fit in the "working" society.

In today's recession market I not only buy properties at deep discounts I'm constantly looking for under valued businesses for sale. Especially businesses attached to real estate. Such as a furniture store owner occupied by the tenant who's profit margins are at an all time low. A restaurateur who's business has plummeted and has a PRIME piece of property that has also lost value. My wife and I are analyzing such a purchase at a deep discount. You may ask yourself, Jeff if a restaurant isn't making money why would you ever consider purchasing the business? The answer lies within this question: Who is your clientele? Right now this restaurant is $8,000 square feet of bay front property built in 1890, surrounded by 11 million tourists a year, horse drawn carriage rides and the most character you could conjure up if you wanted to design a restaurant. The food is low end; burgers, fried dishes and dated amenities. There are other similar restaurants fighting for the same clientele. And its competitive out here, when your fryin up those seafood platters the restaurant that tosses the most shrimp is gonna win.

Conversely if this same restaurant offered a selection of fine wood grilled meats, venison, and fresh seafood with exceptional service geared at creating an experience instead of a chow down, your customer base changes to people who have fewer economic obstacles to getting what they want.

Houses are no different when you are in the low to median price range you are dealing with the short comings this demographic does offer, income issues, lender challenges, lots of pre-mandated hoops that are imposed to people in this income bracket. Now let's take a look at people in more affluent income brackets. They are much less affected by market trends and there spending behaviors reflect this. When you look at creating a deed discount on a property the biggest consideration is EXIT. How do I intend to sell this house and who will buy it? Let me ask you a question. What is the number one unique selling proposition of a house on the market today? With cookie cutter product and similar properties that have almost identical amenities. The major consideration comes down to price. You must understand that first there is an emotional communication about the features and amenities of the product. Then there is a rational discussion that is based on logic. This obviously permeates the affluent crowd on more expensive houses. There is a drastic difference between both dichotomies of consumers. The affluent crowd has more resources to get what they want. It's our drive to earn more . . . learn more and achieve more and confidence of self reliance that allows us to purchase what we want despite the market conditions. Would you rather be selling a property to a buyer who is 60 days away from survival mode or someone who is trying to make a decision between purchasing a new BMW LSI or Hummer as their next car? When you understand the power of ego you'll find out selling a luxury property to a person at a huge 30-40 percent discount is easier then selling a junker house to our investor at the same discount! Not to mention a profit margin that dwarfs the latter.

The Deal Metrics Guaranteed to Generate you $2,000 per hour.

A killer offer is my term for a deal that meets our minimum acceptable Net profit. Your profit should not be less than 10 percent of your gross sales price. This in itself is one of the most basic ingredients to creating a life by design. You will easily be able to influence the controlling variables that control your check that will ultimately generate you a 10 percent margin. Most if not all real estate books have you jump into investing with no predetermined plan on what you want to make. Because I have way more respect for your time and abilities so we will get clear on this formulaic method that will determine what type of demographics you will pursue, before we begin the strategic calculation to an offer. We will take into consideration the condition of the property you will buy, the discount you must get all pre-calculated to maximize your return and in affect guarantee you get paid $2,000 per hour on your very next deal. By the way this formula only gets better. As you better develop your skills in the six processes I teach you net margins will soon increase to 20 percent with ZERO RISK! Try that in any other business in America . . . it can't be done. Let's begin . . .

**If price determines profit you must be selling your property at no less than $370,000 to generate a $37,000 net check in 17 hours.


Crash Course on Understanding Loan to Value

  • This is so easy; do not get hung up on this concept. The L.T.V. stands for how much loan is taken against the value of a property.
  • Simple Math: If we have a house worth $100,000 market value and a loan of $90,000 the L.T.V. is 90 percent.
  • Always divide loan by value to calculate L.T.V.
  • What is the L.T.V. on a house worth $950,000 with a loan balance of $665,000?
    $665,000 = 70 percent
    --------
    $950,000

  • Today's threshold of when to buy is related to how hot the L.T.V.

Jeff Kaller is the original innovator of our country's greatest short sales strategies. He's had the privilege to teach short sales to over 20,000 people in the last 8 years. During that time he personally managed to purchase more than 350 houses from people facing foreclosure. His team continues to do so every day. This real life momentum has spawned thousands of successful students, and dozens of new short sale experts, who now teach the business while running their own powerful house buying businesses. Learn more at TheJeffKaller.com.

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Jeff Kaller

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