A Simple, Proven System to Build a Multi-Million Dollar Real Estate Investment Business and Put It On Auto-Pilot in the Next 18 Months or Less.

I’m Going to Reveal the Truth to You on How Much You’ll Really Make…
How My Proven Real Estate System Works…
A Secret Real Estate Technique I Use Called Sub3 and How You Can Put it to Work for YOU to Build Six-Figure Residual Income

 

Hello, You’re about to learn the “Nitty Gritty” Truth about building a Real Estate Empire, buying and selling houses.
This is a real story… the true story of how I’ve made a small fortune buying and selling single-family houses and How I Literally Got Started Doing Real Estate Deals With No Money Out of My Pocket.

Truth Is… I Was A Dead Broke Waiter and Bartender (and would-be entrepreneur) And I Needed To Buy A Clue.

I Gotta Warn Ya.. This is story gets ugly and if you’re easily scared, if you’re looking for a “get rich quick” solution or you think everything in business should be a piece of cake, then there isn’t a single reason I can think of for you to continue reading.

11 Deals and Over $170,000 In Profit

It’s really a lot more than that…. That’s about how much I made in the first seven months of my first year in the real estate business, almost 11 years ago… For the year it actually ended up being a little over $230,000 when you counted the cash flow with it and not just the down payments and back end profit.

But Hang On, I still need to tell you the whole story that gets us to where we are today.I haven’t even started telling you the story and I know you have to be wondering, questioning, how someone with no money to get started went from zero… to that kind of income in “Less Than A Year.”

I Know You’ve Got Questions

You Should!! I’ll be honest, if it wasn’t me that lived it, I wouldn’t believe it either, after all, I’d seen every “late night get rich” show on TV and I never believed that what they were touting could be true. I remember having those same feelings.

You remember the scene in The Wizard of Oz, where the curtain is rolled back and “The Great Oz” is revealed, I’m fixing to lay it all out and on the line for you, so you can see behind the curtain and learn the truth. I’m going to tell you how becoming a deal maker made me a ton of money… Fast!! (more money than I had ever made in my life) and how I traveled full circle and almost ended back up at zero (luckily, it didn’t get that far) and, more importantly I’m going to show you how I recovered, the lessons I learned and how you can easily learn from my mistakes and duplicate my success… In Fact…I’m going to let you in on the single biggest realization I learned inthe past 11 years… the thing that has made me more money… from the least amount of effort than anything I have ever done…… and at the same time I’m going to share with you how things came about for me to figure out a “technique” for doing real estate deals that is so simple, yet so effective that… that’s pretty much the only way I do real estate nowadays, I’m gonna tell you why as we go along. So, here’s the scoop.

Here’s The “Real Story” – I’m Going To Tell You How I Got Here Today, Even If It’s NOT As Glamorous As I’d Like It To Be.

Ok, so where do I start… I need to give you a little background, so you understand.. First,I’d been a waiter and bartender most of my life.. and then decided to fan my entrepreneurial flame and got into the custom t-shirt printing business… I had been on my own in that business for about 4 years or so, when I completely turned it upside down, mismanaged it and had to close the doors. The truth is “I didn’t own the business, it owned me.”

I Had Been Working 18 Hours per Day on Average, Through the Entirety of the Business’ Complete Existence. (I was a slave)

After all, I was in pursuit of the American Dream, Financial Independence, and I thought the secret was working hard, and I thought for sure it would be worth it in the end. (I know now… that the only end I was working toward was my own). When I finally closed the doors on that business, something changed in me, and I made a rather weird financial decision, I decided that I wasn’t going to go get a job, and I wasn’t going to start another business. At least till I could build one that I thought would have a chance of surviving and that I didn’t have to work long hours in again.

For Me, That Was My New Challenge, to Somehow Survive, With No Job (And No Steady Income), Until I Knew I Could Learn to Work Smart, to Build a Business or Investment that Gave Me “More Life,” So I Didn’t Have to Work the Rest of My Life Away, Hour by Stinkin’ Hour.

So, I told my girlfriend, that I wasn’t going to go get a job, that I had to figure this thing out, crazy thing is I didn’t know where to start. (She was waiting tables and we eked out an existence, and got by). So, I started reading everything I could about business, investing… I wanted to know what I was doing wrong, and how to correct it.

I Started Realizing “I Wasn’t as Smart as I Thought I Was, I Didn’t Know Everything”

I figured out that wealthy people, self-made millionaires, seldom know everything about everything of what they do. They have to rely on others to help, to round out their knowledge, and that one of the keys to wealth for sure wasn’t to know everything, and more importantly, wasn’t for you to do everything yourself, you had to gain knowledge from others who had been there before you, from others that had made mistakes, so you didn’t have to.

And Then It Happened, I Found What I Was Looking For! Never mind That I Had Been Jobless, and Living on the Edge for Almost 6 Months Now

We were barely scraping by, my girlfriend was making about $20 -$30 per lunch shift, waiting tables, and not happy with me and my apparent decision to remain jobless (truth was, I felt unemployable). And then “Lightning Struck.” I finally discovered what I thought was… at the time… something that no one else knew and I was sure it would set me “100% Completely Financially Free.” It was a simple idea, and a concept I had never heard before, in fact, some of you will probably laugh as I tell you, but don’t judge me yet, until I’m finished, remember I was a complete newbie at anything regarding making money.

I Learned That One of the Best Kept Secrets of the Wealthy Was Buying and Owning Notes, Being the Bank to Collect the Monthly Payments that Would Come in, Whether You Worked or Not… In Short, Owning Notes Produced a Source of Hassle-Free Residual Income.

A way to get a residual income was what I had been searching for, day and night for my entire life, not just the last 6 months… the last 6 months were just when I had dug my feet in the ground and decided it was time to find some “Real Answers” to how I could become Financially Free and not become that hamster on the wheel, working for the rest of my life in hopes that I could eke out a small retirement, that wasn’t my style, and knew I wanted more out of life, to be able to live and enjoy life instead of waiting for the next 30 years to get to some mundane retirement.

I Wanted to Beat the System… The System That Most People Were In, Even the People That I Knew That Had Their Own Companies, Worked Tremendously Hard.

These business owners couldn’t even take off time to enjoy a vacation, it was a just a distraction, a fantasy for later, and heck most of the time the business owners I knew barely had time to take off long enough to just sit down and enjoy lunch, most of the time just wolfing it down on the run, they had to work long hours and stay focused on their business. I WANTED TO EXIT THAT LIFE!! There were some simple things I wanted in the beginning, you’ll probably laugh… ( I had written these things on a yellow piece of paper and kept it in my pocket, some things I wanted when I started another business).
* I wanted to be able to take long lunches, to sit down and eat and never be in a rush, to be able to tip well, always (I usually take about an hour to hour and half for lunch by myself, when someone else is with me, our lunches nowadays easily last 2 or more hours)
* I wanted to always be able to buy lunch for those people that joined me (just something weird I wanted to be able to do, I hate that fighting over the check thing, it’s something I still do most of the time to this day)
* I didn’t want to have to look at the prices of the menu, just go in and eat and not have to pinch pennies (I always hated thinking, geesh, I’ve only got 10 bucks or so, and spent way too much time getting stuff on the dollar menus in a drive thru, luckily that’s a thing of the past)
* I wanted to take mini-vacations all the time, 2 – 4 days at least once every 60 days, just to get away and have fun (nowadays, it’s about once or twice a month, some are “less mini” than others.. )
* I wanted to be able to drive a brand new nice car, regardless if it was a bad investment (I hate having to constantly put a used car in the shop, and bracing yourself for the mechanic’s bill )
* I wanted to be able to go to the movies even during the day if I chose to, I wanted MORE FREE TIME and to not be a slave to my business (I DIDN’T WANT TO OWN MY OWN JOB, this was actually my number one priority, nowadays I work less than 10 hours a week, less than 5 hours most weeks)

The Sudden Shock of My Life !!

In the midst of my sudden realization and trying to figure out what and how I was going to succeed in life.. a curve ball was thrown my way… We found out Laura was pregnant… (Yes, Laura is my girlfriend). Here I am jobless and trying to figure it all out and now I find out I’m gonna be a dad. What kind of dad doesn’t have a job? Do I now have to stop all plans and go get a job? Is this sudden discovery about this note thing something I’ll have to put on the back burner? I guess that maybe I could have, but I didn’t. Laura changed jobs and started working a full-time, 9 to 5 gig at a local health spa as a receptionist, which held off the bears a little better, and kept us in food and diapers, I did broker a t-shirt order or two here and there for extra cash. Her new friends where she worked thought I was a complete deadbeat and thought she should do better. Me, can’t say that I blame them… but, at the time I was just focused on the bigger picture and I wasn’t about to quit now.

I Learn More About the Note Business

First off, a note is a promise to pay, an IOU… every time you write a check you are creating a short term note. Notes can be short term, long term and anything in between, the type of note I’m talking about, that I was learning about, were Real Estate Lien Notes. Every time someone buys a house and a bank loans money on that house, then someone has to sign an agreement or promise to pay the loan back, so they sign a promissory note in exchange for the money that the banks lends, except that when real estate is involved the note is generally secured by the real estate. So, if the bank loans you $100,000 to buy a house, the bank then has you sign a note secured by that real estate, and you agree to make payments on that loan to the bank until it’s paid back in full or they will foreclose on your house.

That Note Then Becomes an Asset on the Bank’s Books.

What I didn’t know is that it turns out there is a whole sorta underground business about buying and selling notes. The truth is I didn’t care about buying and selling notes, I just wanted to own some, so that I could get the residual income. Real estate notes were typically structured to be paid back over 30 years. In my mind I wouldn’t need to own but several of these and I would have my basic needs met and be financially free, with checks coming in every month because someone was working to pay off their note they were obligated to pay back. So, I started studying the whole note business and even brokered a few notes here and there, to make a few thousand dollars, but, very quickly realized that was just a job, and not part of my goals.

Fact Is… I Wanted to Own Notes, I Wanted to Have People that Were Obligated to Pay Me Money Each and Every Month, But I Still Had “ONE GIANT PROBLEM”

I didn’t have any money, I was still pretty much broke, and still completely jobless. In fact actually, I didn’t have any credit or access to borrowing money of any kind. At the time, Laura and I were sharing one car, living in a small, one bedroom apartment. I did however do one smart thing, and that was to get an internet connection.. it was dial-up and and it was really slow.. but, it allowed me to do more and more research.

And Then Another Stroke of Luck, I Learned a Way That I Could Buy Houses with No Cash, No Credit – In Fact, No Bank Involvement and No One to Tell Me “No, You’re Not Qualified” – and then Turn Around and Sell Them with Owner Financing, to Create Notes Where People Would Pay Me Forever.

(I’m Sure a Bunch of You Out There Already Know How to Do This, But, Stick with Me, I Promise What I’m Going to Tell You is Much Bigger Than This)

So, what I started doing was buying houses “subject to the existing lien”.. most people nowadays call it buying subject to or sub to, because back in those days on the internet me and a couple other guys coined that term… stupidly so, because we thought it was complete technique all by itself. What it simply means is to take over the existing debt of a property. For instance, if you find someone that is selling a house that they need to sell pretty badly you can offer to just take over the payments, so again not having any money or the ability to qualify for loans, I was able to go out and buy houses by taking over their payments and then reselling the houses with owner financing and creating what is called a wraparound loan.

Before I Explain This Any Further… You Gotta Know… Know This… I Was Extremely Excited At What I Had Discovered… And At the Same Time..
I Was Absolutely, 100% Scared to Death

This discovery was, after all, in my mind the keys to the kingdom, a way to buy houses without worrying about bank loans, credit approvals, or even down payments… and heck… Without ever having owned a house before… Absolutely No Experience… This was what I had been looking for.
So, back to explaining wraps and how this was the keys to the kingdom, the opening of the vault. Seems I could buy a house from someone by simply taking over their existing loan, and sell the house at a higher price and still leave those loans in place. So, I go out and start trying to talk to a lot of sellers, and at first gotta admit I was getting nowhere, then about 60 or so days into the process, Eureka, I found a seller that wanted out so badly, they didn’t care. On top of that.. they had not one, but two properties to sell. The deals went down like this:

Deal #1. I agreed to take over payments on a property with $53,000 owed on it, and because I had to sell it fast I sold it for $65,000 with $1,500 cash down payment, plus the trade of a Camaro which I gave the buyer a credit of $2,000 dollars for (I needed an extra car badly, but ended up selling it a few weeks later for $1,200 cash). So, when the smoke cleared the buyer owed me $61,500 and was making me payments of $632. I was paying out about $554, so I was making almost $80 bucks a month, till they paid it off or refinanced… To say the Least… I was Jazzed.

I Had Just Made $12,000 Dollars on My First Real Estate Deal and I Still Had Another House to Sell.

To be honest I was happy with the $2,700 in cash…. the $80 bucks monthly plus $8,500 equity was a complete bonus. I mean I wanted to be a note holder and make residual income.. but, I had never made $2,700 dollars so easily.

It Happened So Easily I Had to Wonder If I Could Really Do it Again, I Mean… Was it Really This Easy to Make Money, or Was I Just Lucky?

Deal#2. At the same time I bought the first house, I had also agreed to take over payments on another one. This one wasn’t in the best area of town, but after looking at it I was pretty sure I could sell it for a profit, I thought I might be able to get as much as $47,000 for it. It took me about two weeks to find a buyer for it, and the buyer agreed to buy it for $42,000 with $3,000 down, they were going to use it as rental property. On this particular deal the loan I was taking over was $33,000, and I didn’t want to keep this property and make payments on it while I was waiting to find a buyer. I was happy to sell it for what I sold it for, even if I might have sold it under market. So, when the smoke cleared I picked up another $3,000 cash and then was owed $39,000 on my wrap and still had to pay my underlying financing of $33,000. I was making about $48 month on this house.. and again I had started creating a residual income.

Deals #3 – #11 happened really fast, in about seven months and at that point I had over $1,700 dollars a month of residual coming in from my real estate notes (the fancy term for that is passive income, meaning income you don’t have to work for) and every single one of them I created without using one stinkin’ thin dime of money, which was good since I didn’t have much. Saxon (my daughter) had been born and was about three or four months old, and Laura and I were apart. The crazy thing was I was living by myself in an apartment, she went to live with a girlfriend and we were still sharing a car. So, I had to pick her up every morning to take her to work and Saxon to daycare and then go till about 2 o’ clock in the afternoon, at which time I had to keep Saxon till Laura got off work. It was crazy at best but, we both had agreed that we had to get along for Saxon’s sake till wecould find a better solution. Do you know how expensive diapers are?

I Finished that Year Making a Little Over $230,000…

I had to pinch myself, as I had never made more than about $35,000 in a single year in my life.
Okay, now you have to understand, that the vast majority of it was in the equity… It was in the difference of what I was owed on my real estate notes versus what I owed on the underlying notes I had to pay.

I Had Created a Little Over $1.1 Million in Notes Owed to Me in That First Year and a Positive Cashflow of Over $2,200

At this point life had admittedly taken a turn for the much better. I was making money faster and easier than I had in my entire life. Laura and I eventually moved back in together and my daughter was growing up faster than ever, and I was a Dad… That’s still weird even today… I love being a Dad… It was just weird that I actually could have ever filled those shoes…

That All Happened about 11 Years ago.

Today, My Real Estate Business is on Auto Pilot and Does North of $3.5 Mil a Year. Me, I Work 3-5 Hours a Week.