Reo Bootcamp training webinar on Buying/flipping bank owned properties

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Listen to my jam packed webinar ful of tips on how to buy and sell foreclosures from the bank and make big cash profits!

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Reo Bootcamp training webinar on Buying/flipping bank owned properties

  1. 1. Discover How to BuyandFlip reos For big cash profits!<br />Q&A With Nancy Geils<br />
  2. 2. What we will talk about today<br />Answer all your questions that you emailed me.<br />Teach you what strategy is working the best in today’s market<br />What exactly is Buying and Flipping REOS (bank owned properties)<br />Why you should be doing this strategy NOW!<br />Why I believe Gold Rush of Real Estate Is Now!<br />
  3. 3. In A Few Minutes I About To Share<br />I am going to share with you the secrets and strategies I am doing to make over 10K per month. I am doing 2 strategies…buying and flipping REOs and Buying, Holding and Flipping.<br />
  4. 4. I Will Promise You 2 Things:<br />By the end of this presentation I promise you 2 things:<br />You will learn what we are doing and how we do it! And How to Make Quick Cash Now and Start Having More Fun In Your Life!<br />
  5. 5. Why Real Estate Invest Now?<br /><ul><li>FACT: RECESSIONS AVERAGE 18 – 24 MONTHS
  6. 6. FACT: EXPANSIONS AVERAGE 5 – 6 YEARS
  7. 7. In Real Estate, it is all about the ECONOMIC CYCLES. History always repeats itself…</li></li></ul><li>:<br />Who Am I?<br />Why Would You Listen to Me?<br /><ul><li>My husband and I started investing in real estate 12 years ago. We have done it all!
  8. 8. When we first started investing my husband had just closed a business he was running with his Dad and I was just laid off from a job at GTE after 10 years working as a Marketing Specialist. I was pregnant at the time with my first child after waiting years to get pregnant!
  9. 9. What would we do now?? I was so scared I couldn’t sleep with no jobs and a baby on the way. I was up late watching TV and heard the No Money Down Real Estate late night programs”. Then next day I picked up Robert Allen’s No Money Down Book and got so excited, I read the book over and over I then bought many courses and learned as much as I could Then I took Action! I was scared to death! </li></ul>My Name is Nancy Geils and I AM a Master At Wholesaling”<br />
  10. 10. My First Deal that I tried to get out of!!!<br />Purchase Price - $95k<br />Monthly Cash Flow $1100 after expenses<br />Sold 2 Years Later for $179k<br />
  11. 11. How Many of You Felt the Same Way?<br />Are you struggling today? Not Enough money to pay your bills? Not enough money to go on the vacations you deserve? Not spending enough time with your family because of your Job? I know how you feel!<br />Let me show you my PROVEN 7 step FORMULA to buy from the banks!<br />
  12. 12. What Is My Motivating Force<br />Freedom to do the things I want to and spend time with my family! Last year we got to ski in Chamonix France and guess what?… Because we own many Rental Units, The checks keep coming in even when I am in France skiing in the Alps!<br />Another reason is I get to spend more time with my family and my animals which I adore and I get to work from home and be with them all day – here they are! Isn’t this what you want too?<br />
  13. 13. Reasons Why I Do This! These Are The Loves of My Life!<br />
  14. 14. 12 YEARS OF EXPERIENCE<br />My husband and I started to invest in real estate 12 years ago. We own over 100 rental units and have bought and flipped over 50 houses. I am a licensed Realtor and my husband Bill is a Certified Home Inspector. You name it we have done it in real estate investing. I am here to teach you what we do and what NOT TO DO so you don’t make the mistakes we did over the years! So let’s talk about my 7 Step Formula for buying bank owned properties now!<br />
  15. 15. My Mission<br />My mission is to teach you all that I know from my 12 years of walking the walk and talking the talk without you having to fly or travel!<br />When you came on the call today did you think I was going to sell you something? Well I am not going to let you down – <br />“I am going to sell you a better way of LIVING AND HOW TO MAKE MORE MONEY!”<br />
  16. 16. USA TODAY POLL<br /><ul><li>They Asked - What is the Greatest Fear of Americans Today?
  17. 17. Answer Was: Running out of money for Retirement! Were we ever taught how to prepare ourselves for Retirement in school? No!
  18. 18. I bet you learned to dissect a frog – how’s that working for you in today’s world?
  19. 19. WHAT ARE YOUR DREAMS? WHY DID YOU COME TO THIS CALL TODAY?... </li></li></ul><li>WHAT ARE YOUR DREAMS?<br />WHY DID YOU COME TO THE CALL TODAY?<br />To Create cash flow so you can have more time to spend with your families? <br />Travel to wherever you want and WHEN you want?<br />Have less stress in your life?<br />Retire with money STILL coming in after your leave your JOB?<br />ARE THESE SOME OF YOUR DREAMS, THEY ARE SOME OF MINE! I will SHOW YOU HOW TO ACHIEVE YOUR DREAMS!<br />
  20. 20. Do You Dare To Dream Of These?<br />
  21. 21. 5 Keys to Success<br /><ul><li>What are the keys to success?</li></ul>Opportunity – (Window of Opportunity)<br />Knowledge<br />ACTION!<br />A Go Get It Attitude<br />Open Minded to make Changes!<br />
  22. 22. Your Future Is Here And Now!<br />During the course of our conversation today, I want you to realize that your future is getting brighter and will be more profitable<br />While you are listening to my presentation, I want you to explore how you can implement my strategies in ways that will enhance your real estate investing business and increase your financial future!.<br />
  23. 23. What is Wholesaling?<br />Wholesaling:<br />What exactly is Wholesaling?<br />You contract to buy a property<br />You assign the contract over to another investor that will finish the dealand collect your wholesale fee! Easy, but you cannot assign a contract with a bank owned property…<br />
  24. 24. REO WHOLESALING<br />Would you like to see my ‘Proven Formula’? Let me show you now what has worked for me and my students time and time again!<br />
  25. 25. Buying From Banks…7 STEP FORMULA<br />Build a Cash Buyers List<br />Find a Deal<br />Contract with Bank<br />Buy With One Day Funding<br />Find A Cash Investor Buyer<br />Get under contract with that Buyer<br />Close the deal and collect your check!<br />
  26. 26. W Buying and Flipping REOs<br />What is an REO – Real Estate Owned, Bank Owned, Even Corporate Owned. Process:<br />Borrower defaults on the Loan<br />Foreclosure process starts<br />Property goes up for auction<br />No investor buys it…lender gets title<br />Once the lender has title:<br />They have to get possession<br />Cash for Keys<br />Eviction<br />Once the Lender has possession<br />Local Broker or Asset Management Company<br />Secure the Property<br />Change the Locks<br />Cover the pool<br />Board up the windows if necessary<br />Evaluate the property<br /> Repairs<br /> Estimate Market Value<br />
  27. 27. What is the Difference between Wholesaling and Rehabbing?<br />1. You Actually Buy the House<br />2. Fix and Rehab the House<br />3. Then You put the house back on the market and You sell the property to the another buyer who will most likely live in the house. <br />(More risk, but most of the time bigger profit!)<br />
  28. 28. What can a Wholesaler Make?<br />Wholesaler makes:<br />- 2K to 10, 20, 30K (5K to 10K is realistic)<br />A wholesaler knows how to evaluate a deal and market it!<br />I will tell you how I did my last 3 deals in the last 3 months!<br />
  29. 29. Should I rehab or wholesale?<br />If you’re just starting out, you are better to start wholesaling.<br />Fixing and flipping costs more money and is much more risk!<br />With wholesaling, there is no risk.<br />If you have experience, rehab and flip make sense. (you WILL make even more money, but more time and effort is spent)<br />
  30. 30. What Are REO Listing Agents:<br />These Realtors have relationships with certain banks . These realtors specialize in REO Properties. <br />They specialize only in selling bank owned properties because they are now plentiful!<br />
  31. 31. How do I Find the Best REOs?<br />I have many ways to teach you but one of the ways is to Have a Realtor give you all the REOs that the status recently changed from Pending Sale To Available – This means the deal fell thru!! Good Opportunity! This means the property fell thru and came back on the Market!<br />
  32. 32. Real Estate Marketing Rapidly Changing all The Time!<br />We are currently in the midst of a rapidly changing real estate environment and many YOU are grasping for tools and ideas on how to navigate these new transitions in the marketplace. So how to we survive and thrive?<br />
  33. 33. REOs! Banks Have The Best Deals<br />In the next 1 year to 2, in my opinion, REOS are going to be more abundant with the foreclosures at an all time high!<br />This is the “Golden Goose”. The property already went back to the bank, it is quick (much shorter than doing short sales)! <br />
  34. 34. Step 1 - How Do I Find the Cash Buyers?<br />This is the first Step and the Most important step in this strategy!<br />The Key to success in this business is building a Cash buyers list! It will help you:<br />Sell your properties quick<br />Give you Peace of mind<br />And, give you the option of selling these properties to other investors if you don’t want them and make a ‘finders fee’<br />
  35. 35. What are the Best Ways To Find Buyers?<br />Local REIA – (real estate investing associations (find buyers, wholesalers<br /> Hard money lenders, lots of networking and good contacts<br />Bandit Signs – www.banditsigns.com<br />Local Ads<br />Hard Money Lenders – www.brookviewfinancial.com<br />
  36. 36. Do you have some really good Website Resources?<br />www.Craigslist.com<br />I like FREE Advertising!<br />Here is a great Ad!<br /> Cheap House For Sale!<br /> 60K<br />Cash Buyers Only!<br />Call- 203-555-1212<br />
  37. 37. Great Way To Find Cash Buyers<br />Put A Signs Up Too!<br /> I Buy Houses<br /> Fast, Fair, Friendly<br /> Call 203-555-1212<br />“Nancy after putting up my first ad on Craigslist, I got 2 serious cash buyers in just 6 minutes! Awesome”…it really works!” J. Samson<br />
  38. 38. What About Funding? <br />In my upcoming 5 Week Virtual training, I will give you a proof of funds letter that you can use every time you make an offer on every deal!<br />I will show you how to get access to One Day Funding so you can buy without your own money or credit!<br />
  39. 39. This Strategy Is Easy!<br />This buying and flipping strategy is one of the easiest I have ever done!<br />If you follow the steps I teach, you too will say it is easy<br />Let me Ask you a question…How many of you would like me to show you the exact FORMULA FOR buying and flipping bank owned properties with no money or credit?<br />
  40. 40. PROOF! 1st Wholesale REO Deal<br />Purchase Price (Used One Day Funding) $80K, Sold to Rehab Investor for $112K<br />MY PROFIT IN 14 DAYS<br />18,252.00<br />
  41. 41. 1st deal – Rehab Deal<br />
  42. 42. My Deals<br />Bought 130K – Sold - $204K – This house was such a good deal, I decided to fix it up which cost $5000.00 (the bank went in and Fixed all the plumbing and all the big expenses already) <br />The previous owner was a “tile specialist” he retiled all the bathrooms in beautiful tile. He even tiled the basement stairs going down to the in law apartment in the basement! It was an awesome house. We bought it and in 30 days put it on the market using our “Name your price” special event and got 3 offers. The asking price was $199K, we received over asking price for $204K! <br />
  43. 43. INTRODUCING REO BOOTCAMP!<br />We have covered 4 parts of my 7 step formula and I can only cover the basics in<br />a 60 minute presentation today, but if you will pardon this interruption for just for 2 minutes I want to tell you about a resource that i have for you…<br />
  44. 44. I Am Going to Do something very special for you! <br />Introducing my 6 week LIVE Virtual Training Boot Camp! <br />You Get me for 6 weeks LIVE TEACHING YOU ALL MY PRIVATE STRATEGIES THAT IS MAKING ME LOTS OF MONEY AND MY 7 STEP BY STEP FORMULA!<br />>>It Begins on Saturday, October 29th at 1PM EST and Tuesday, November 1st 8PM <br />Normally sells for $797.00 but today<br />Only $597.00<br />
  45. 45. Bonuses…<br />Lets get back to the presentation… I saved my best steps for last.. so hang with<br />me to end <br />I have some extra special BONUSES TO OFFER YOU!<br />And…at the end I will show you how you can get my entire REO 6 Week Training for FREE!<br />
  46. 46. New Deal Under Contract for $123,500K EUNICE & JUAN 7003/ 301 Sold 6/5/2006 350,000NN<br />Bank owned 3 bed, 2 bath Colonial in nice neighborhood. Purchase price $133K, needs 10K in Fix up – I My PROFIT FOR FLIP 10k. The ARV is $225! <br />There were 7 offers. I got it because I asked the Agent to write the offer for me!<br />These deals are abundant!<br />
  47. 47. Another Wholesale REO - Palm Street <br />Under Contract for 95K – Sold to Cash Buyer for $115K<br />MY PROFIT 30 days work $16,300!!<br />
  48. 48. MY STUDENTS SUCCESS!<br />“Nancy thanks you soo much for helping me with my first deal! I flipped this REO and made 5k in 30 days! Awesome!” Gina<br />REO Price - $41,900.00Bedrooms: 3Bathrooms: 2Got it under contract with the bank for $34,900 and sold it to my cash buyer for $41,000! <br />
  49. 49. How Will $5k to $30k Extra A Month Change Your Financial Outlook?<br />Have more money to Pay all your bills and more time to spend with family and friends?<br />Take your dream vacations?<br />Buy that house you always wanted!<br />Be your own boss!<br />You will never be unemployed again<br />You’ll make more money than many CEOs!<br />
  50. 50. Do You Have the Financial Education to Overcome Obstacles?<br />I will take you by the hand and teach youhow to create partnerships, BUILD YOUR CASH BUYERS LIST, FIND THE BEST REALTORS, AND HOW TO MAKE MONEY EACH AND EVERY MONTH<br />I am here to help you when you stumble, and can’t get up because I have been there…I wish I had someone to calland talk to! <br />***So how many of you would like me to show you the exact FORMULA?***<br />
  51. 51. It is the Time To Begin With Me!<br />If you are afraid and fearful, this is a great strategy to start with. This is the Gold Rush…The best time in history to jump into the real estate market. If you have been sitting on the sidelines waiting for the right time, the time is NOW. <br /> I WILL show you my exact step by step Formula that is working for me and my students over and over again in my new REO training boot camp! You owe it to yourselves and your families. Companies are laying people off..not hiring…causing all kinds of trauma but there is a way you guys can get out of the Rat RACE! I have done it and if I can do this – YOU CAN TOO!<br />
  52. 52. Don’t Let Fear of Failure Hold You Down!<br />Failure is part of success.! Without failure there can be no success! You can’t always be perfect. Problems come up but Once you make a mistake, you learn and you will never do that again…the bigger you get the most obstacles you will have<br />Winston Churchill said ‘The definition of success is going from failure to failure without losing your enthusiasm!”<br />Enough about this, but failure is nothing more than an excuse.! My program takes the fear out because you have me guiding you and taking you by the hand so you won’t Fail!!!<br />
  53. 53. Another success story!<br />Price: $51,000.00Bedrooms: 3Bathrooms: 2<br />“Got it for $47,000 from bank and flipped for a quick sale at $55,000. Used my own cash and made $8000!” Couldn’t have done it without you!” Pete<br />
  54. 54. Introducing My ‘’6 WEEK VIRTUAL REO Boot Camp!<br />LIVE 6 Week Step by Step Webinar Trainings with <br />You will get everything you need to get started right now<br />YOU HAVE TO BE THE KIND OF PERSON WHO CAN ACT NOW!<br />
  55. 55. You Get the COMPLETE PACKAGE<br /> Live 6 week Training NormallySells for $797 <br />MY 6 WEEK STEP BY STEP TRAINING Includes”<br />7 Step Formula For Buying and Flipping Foreclosures !<br />Access to REO Membership Included<br />Partnership Program Included<br />REO Contracts and Docs Included<br />Unlimited Proof of Fund Letters Included<br /> Access to Funding For Deals Included<br />
  56. 56. Here is what My Student From the Last REO Boot Camp Said:<br />"Thank you so much, Nancy. Your 6 week training was great. I didn't have much time to do anything else but listen to the training when I 1st enrolled. I was rear-ended in an accident and now off from work. Since then I have been building my buyer's list. I have agents sending me properties, looking at 3 today alone and possibly putting in offers today or tomorrow. Nancy your training has given me more confidence to move forward in this abundant Arizona market . Thanks Nancy! The skies the limit!"<br />-L. Sansbury<br />
  57. 57. What she said:<br />“Nancy is one of the coolest Coaches you can have to guide and teach you the roads of success in Real Estate Wholesaling.......you can definitely count on her being there for you, she always answered the phone when I called her for a quick question or when I felt I was stuck with an obstacle....you get to speak with her directly, which I find AWESOME....I felt like I wasn't left alone with a bunch of books and tapes to try and figure out what to do next.....just the support alone that you get from her is worth every single penny you invest in her training.” C. Gibbons<br />
  58. 58. 100% No Obligation MONEY BACK GUARANTEE<br />I know my system works because I am doing it myself and making a boat load of cash When you sign up for my boot camp today and after the first training, you decide this is not for me or it was not what you thought it would be – I will refund your money 100% with no questions asked! I want you to be successful!<br />
  59. 59. Included Bonuses – REO Documents and Contracts Package<br />All the contracts I use that I had my attorney prepare which costs me $1000s<br />You will know exactly what forms to use, how to fill them out and how to avoid making any mistakes!<br />
  60. 60. Bonus #2 Proof Of Funds Letters<br />Unlimited number of proof of funds letters<br />Completely automated – available 24 hours a day<br />You’ll have 100% confidence when making your offers backed by legitimate proof of funds letters<br />
  61. 61. I Will Answer all These Questions During the 6 Week Training<br />Q. Can an absolute newbie do this Buying and Flipping Houses strategy?<br />A. This is the perfect strategy for the newbie because it is so simple, and it doesn't require cash for marketing, a good credit score, or any special experience to get started. The time is now to get started…don’t wait and be sorry you didn’t take advantage of the “perfect storm” in real estate!<br />
  62. 62. Bonus #3 – Access to One-Day Funding For Your Deals<br />REO Transactional Funding<br />No application, No credit check and No Risk!<br />No Fees, No Qualifications, No income, etc.<br />
  63. 63. Bonus #4 – My Private Cell Phone<br />Get all your questions answered for the entire 6 week training with access to my private cell phone numberso that you are never alone if you need an answer or a property analyzed right away!<br />ALSO, Free Access to my VIP Member Forum where I have A TON OF video tutorials and trainings, e books and articles.<br />
  64. 64. Special Bonus #5 Partnership Program<br />Once you have an offer accepted I will:<br />I Will Partner with you on the deal<br />Help you arrange for financing with one day funding<br />Help you handle the closing<br />We split the profits 50/50<br />
  65. 65. Go Right Now and Click My Website to Sign up!www.ReoBootcampTraining.com<br />Only $597.00<br />For The first 10 people that join up today you will get an extra free<br />one -on one coaching and training session with me for 1 hour! But you must sign up today to get that fast action bonus worth $500! This is reserved for the few fewTAKE ACTION TODAY.<br />
  66. 66. Q&A – >> Call me 800-804-5390www.reobootcamptraining.com<br />Q. I have a full-time job. Can I make money with the REO Boot Camp training program in my spare time?<br />Yes. 78% of REO Boot Camp Training members start during their evening & weekend hours, until their REO investing income is able to replace their employment income and they're able to quit their jobs. Fortunately that doesn't usually take long! <br />Q. Do I need to be areal estate agent to do this?<br />You absolutely do not need to be an agent; use an agent; or even be licensed to follow this strategy. <br />Q. Isn't this a bad time for real estate because of the economy?<br />For REO Boot Camp Training members, a so-called "bad" economy creates The Gold Rush opportunity! To me, the economy is amazing. Really. You may not believe it yet, but you will soon enough. Stop watching the news and start getting money. Your family & your future depend on it, and the REO Boot Camp Training program makes it possible. <br />
  67. 67. Take Safe, 100% Risk Free Action Now!<br />100% Money Back Guarantee! If after the first week, you feel it is not for you, I give you your money back NO QUESTIONS ASKED! <br />Bring A Friend or partner for FREE!<br />www.reobootcamptraining.com<br />
  68. 68. Begins Saturday, October 29th and Tuesday, Nov. 3 for 6 Weeks<br />$597.00<br />2 Payment Option! <br />$300 Now &<br /> $297 in 14 days<br />800-804-5390<br />www.reobootcamptraining.com<br />
  69. 69. “What My Students Have Said In the Last Boot Camp!”<br />“I I am 70 years old and I find this REO system to be one of the easiest strategies I have ever done! I just made $16,00 in 30 days and I need that income for my retirement! Thanks so much Nancy”<br />J. Chiaia, Ohio<br />“I loved this class! I got my first property under contract and it is so exciting. I will make a 5K wholesale fee! Thanks Nancy!<br />Paula, Connecticut<br />
  70. 70. Bring a friend or business partner!<br />FREE - Bring a friend, partner or your spouse – All For the price of One! (Split the Cost) You can attend both live trainings too!<br />Reobootcamptraining.com<br />
  71. 71. Fast ACTION Bonus – When You Sign Up Today!<br />6 Week Video Training Program on How To Rehab and Flip Housesfor Big Cash Profits!<br />This is a 6 week training with a complete instruction on how to Rehab a house without loosing your shirt! This training has 10 hours of pure step by step instruction in the event that you want to “keep one of the awesome deals that you find and Rehab instead of Flip” <br />Normally sells for $697!<br />
  72. 72. Reserve your spot! Starts Next Saturday October 29!www.reobootcamptraining.com<br />Make this your year that you make big bucks in real estate…you deserve it! This is the best real estate market in 30 years for investors! Don’t let it pass you by and then you will look back and say “I shoulda”<br /> It is time to jump in the game before all the other investors who got out of the game jump back in! And, believe me they are coming back in now because they know the market is prime to make money right now!<br />
  73. 73. 100% Free!<br />When you make your first deal and send me your paperwork and copy of the check and profit you made, I will refund the entire cost of the course! I want you to be successful and I want your success stories!<br />
  74. 74. Take ACTION Now!Go to www.reobootcamptraining.com<br />800-804-5390<br />“I would recommend Nancy’s boot camp to anyone who wants to make some quick cash” I was very nervous and scared because I knew nothing about real estate when I started the boot camp training a few months ago but with what I learned I have now completed 3 deals with a total of $16,500! I recommend it highly!”<br /> I. Rodriguez<br />www.ReoBootCampTraining.com<br />

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