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Getting Rich in Today's Market
with Bank-Owned Foreclosures and
'Rent-Smart' Lease Options !
Presented by Andy Heller
Regular Riches: Real Estate Riches for Regular People
Wednesday July 1, 2009
Doubletree Hotel, Sacramento
Networking 6:30
Meeting Starts at 7:00
Special Guest, Hannah Fliegel will be sharing
Credit Repair Strategies and Secrets to the Credit Repair Process
There are literally hundreds of wealth-building strategies available for real estate investors. Some are more lucrative than others, and many are simply way to much work for the money that an investor hopes to make. Fortune Magazine is arguably the leading magazine in North America today that teaches people how to make money. "Regular Guy" Andy Heller, will show you why of the hundreds of wealth-building formulas, Fortune Magazine recommended Andy Heller's "Buy Low, Rent Smart, Sell High" strategy among the top five recommended strategies for real estate investors.
Andy and his story will inspire and connect with you, as it is a "regular guy" get rich story. Like so many of us, Andy started investing part time, pulling aside a few hours each week for his hobby. The lack of success of Andy and his partner Scott's "buy and flip" plans led them literally by accident to a goldmine called buy low, rent smart, sell high.
When Andy and Scott found buying properties from distressed sellers to be tedious, hard work, and depressing they discovered by accident a hidden gem in the foreclosure process...BANK OWNED REAL ESTATE. With bank-owned real estate an investor is able to purchase MULTIPLE PROPERTIES from single sources, without emotions, and with clean and clear title.
Once purchased, when Andy and Scott were then unable to flip their first home after 9 months on the market, they modified the typical lease/purchase deal to come up with their unique rent smart and sell high formula. Their SHORTEST lease is 3 years, and each of their tenants (gladly) accepts responsibility for repairs and maintenance. High turnover, nightmare tenants, and lengthy vacancies are non-issues when you "rent smart"
How profitable is their formula? The last home Andy and Scott sold required about 20 hours of effort, and netted a profit of $57,400. That is $2870/hour. But don't leave your day job just yet. Come hear Andy speak and he will cover:
Andy will explain why the "Buy Low, Rent Smart, Sell High" strategy is specifically positioned to take advantage of two dominant characteristics of today's real estate market. First, on the buying end, we are seeing record foreclosures, and the lucrative post-foreclosure market has been their favorite hunting ground for deals for close to 20 years. Secondly, on the marketing end, their unique lease/purchase strategy positions today's investor to take advantage of a rapidly strengthening rental market.
Andy Heller is a nationally recognized real estate expert, and has been interviewed and prominently featured in respected publications including Kiplinger, WallStreetJournal.com, TheStreet.com, Personal Excellence, Money Magazine, and MarketWatch.com. |
