Superlative Info

Join us in our free real estate community events where successful Real Estate Investors are willing to pay it forward. Click the link below

http://www.superlativeinfo.com/up-coming-events

Please Call 657-859-9555 to get registered for the event and the address will be provided. This event is RSVP only with limited seating Call now (657) 859-9555

Orange County Real Estate Investment Community Multi-Family Workshop

Please call (657) 859-9555 to get registered for the event and the address will be provided. This event is RSVP only with limited seating. Call now (657) 859-9555

Hi have you every wondered how people became successful? You know people do not become financially free by working for someone else as an employee. Do you want to retire young? Real Estate and business ownership is the answer to all the questions above. If you do not have money or credit it is still possible to purchase real estate. My friend J Massey learned how to do it. Before J started investing he lost his job then ended up homeless and living in his car with a pregnant wife while his own house went into foreclosure. J knew he had to do something different and after educating himself through this investment community he done 100+ Real Estate transaction over the last 3 year and now receives over $50,000 a month of rental passive income.

J wants to be an inspirational example to people that anyone can be financially free and is now going to teach you how he did it. Would you like to know what he did and how he did it? Would you like to meet him  face to face? Come and join us for this life changing opportunity before all the seats are taken. This is an RSVP event only with limited seating so you must be registered to join. Invite guests and friends as soon as possible to experience this life changing opportunity so you can learn how to be a Successful Business Owner and Real Estate Investor.

Please call (657) 859-9555 to get registered for the event and the address will be provided. This event is RSVP only with limited seating. Call now (657) 859-9555

By Randy Ngan

Must be willing to learn

Must try and take action

Must over come fears

Know what you need now. Fast cash or cash flow

No money down techniques:

• Bird Dog Fee
• Assignment of contract
• Hard money
• Home equity line of credit
• Sandwich Lease Options
• Notes from investors

Where to build a buyer list:

• Investor groups
• Real Estate auctions
• Call for rent ads (let them know your not renting but ask if they are looking to sell or willing to buy more property)
• Referrals from sub contractor, handymen, home inspectors, appraisal etc…
• Go to website under marketing search for 85 ways to find buyers

Questions to ask investors:

1. when are you planning on buying your next property
2. how are you buying houses
3. what type of neighborhoods are you looking for
4. what price range
5. what equity range
6. what type of repairs are you will to put in
7. what size

Let investor know you will only email/contract them when a property meet their criteria to not waste their time

When presenting property to investor tell them:

• what the price was at the peak of the market
• the fair market value now
• the price it is under contract for right now
• How much instance equity they can have in the property

Random notes:

• Put Bandit sign near walmart and mc Donald
• 1^st Foreclosure call = relationship call & take notes
• 2^nd call = Need to ask tough questions to see if you can help them

Action step:

• Set a goal for every week
• Set a goal for ever month

By Randy Ngan

1031 Exchange:

• Allow real estate investor to defer taxes and allow them to buy more real estate.
• No capital gain tax when property sold and all the capital gain is reinvested into new property.
• Use a 1031 when you plan on selling property after having a renter in it
• 1031 defers not eliminate taxes
• Save 30% off tax by deferring tax when selling house to reinvest
• Biggest mistake on 1031 is when investor sell property and close escrow then call about doing 1031. Need to do 1031 before you close escrow
• 3 Requirements for 1031 Exchange:
  1. Must be a business
  2. Must have been investment property that was rented out
  3. Must transfer 30% IRS Tax balance to like kind property

1031 firm:

• Ipx1031.com
• No concentration fee
• 500-1500 transaction fee rate if done
• You can do reverse 1031 buy property 1^st then sell
• They can not give tax advice but can consult with your tax adviser

• Should have good tax adviser ( its not payment its amount of saving)
• California property tax 10.3%
• Work on business not in business