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[object Object],[object Object],n.  The unearned income to finance your life mission without having to work.
[object Object]
THE POWER OF PROVEN MODELS  OVER TRIAL AND ERROR   Trial & Error  Appears on  Page 20 Where You Begin with Action Based on Personal Experience Where You Begin with Action Based on Proven Models Your Highest Level of  Achievement  Your Natural Ceiling of  Achievement
THE FOUNDATIONAL MODEL OF THE MILLIONAIRE REAL ESTATE INVESTOR Receive Own Buy Think Appears on  Page 33 CRITERIA TERMS NETWORK Supports Your Deals Identify Potential Deals Determine the Real Deals
[object Object],[object Object]
EIGHT MYTHUNDERSTANDINGS BETWEEN YOU AND FINANCIAL WEALTH Three Personal Myths Myth :  I Don’t Need to Be an Investor — My Job Will Take Care of  My Financial Wealth Truth :  Yes, You Do Need to Be an Investor — Your Job is Not Your Financial Wealth 1 Myth :  I Don’t Need or Want to Be Financially Wealthy — I’m Happy with What I Have Truth :  You Need to Open Your Eyes — You Do Need and Want to Be Financially Wealthy 2 Myth :  It Doesn’t Matter If I Want or Need It — I Just Can’t Do It Truth :  You Can’t Predict What You Can or Can’t Do Until You Try 3
EIGHT MYTHUNDERSTANDINGS BETWEEN YOU AND FINANCIAL WEALTH 1 Myth : Investing is Complicated Truth : Investing is Only as Complicated as You Make It 5 Myth : All the Good Investments are Taken Truth : Every Market has Its Share of Good Investments Five Investing Myths Myth : The Best Investments Require Knowledge Most People Don’t Have Truth : Your Best Investments Will Always Be in Areas You Can or Already Understand 2 Myth : Investing is Risky — I’ll Lose My Money Truth : Investing, by Definition, is Not Risky 3 Myth : Successful Investors are Able to Time the Market  Truth : In Successful Investing the Timing Finds You 4
[object Object],[object Object],[object Object]
THE SEVEN WAYS MILLIONAIRE REAL ESTATE INVESTORS THINK ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Appears on  Page 78
THE BIG WHY Why Appears on  Page 81 Why Personal Growth “ I want to be the best I can be” Why My Big Why Why Why Why
BIG GOALS, BIG MODELS & BIG HABITS ,[object Object],[object Object],[object Object],Appears on  Page 86
THE MONEY MATRIX Consumption Cash Cash Flow Capital Consumption Capital Shadow Wealth is built on  CONSUMPTION and CASH  YOU WORK  for money! Cash Flow Cash Appears on  Page 89 Financial Wealth is build on  CAPITAL and CASH FLOW  MONEY WORKS  for you!
REAL ESTATE  A MOST “ABLE” INVESTMENT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Appears on  Page 99
THINK VALUE, OPPORTUNITY & DEALS Make Deals Know Value Find Opportunity Appears on  Page 111
Think Action O Observer S Speculator S Collector I Investor Action High Risk High Return Low Risk Low Return No Risk No Return Minimum Risk Maximum Return Inaction Appears on  Page 117 Action Inaction
[object Object],[object Object],[object Object]
THE FIVE MODELS –  KEY AREAS Financial Model ,[object Object],[object Object],[object Object],[object Object],2 Network Model ,[object Object],[object Object],3 Appears on  Page 126 Net Worth Model 1 ,[object Object],[object Object],[object Object],Lead- Generation Model ,[object Object],[object Object],4 Acquisition Model ,[object Object],[object Object],[object Object],5
Net Worth Model 1 ,[object Object],[object Object],[object Object]
HOW A CONSUMER SEES THEIR BUDGET CONSUMER’S  PERCEIVED BUDGET Confuses Discretionary Spending with  Required Spending  Which is why they “just can’t afford to invest….” CONSUMER’S BUDGET Investment Spending Income Taxes Required  Spending Discretionary  Spending Appears on  Page 134
HOW AN MILLIONAIRE INVESTOR SEES THEIR BUDGET Considers Investment Spending to be  Required Spending.  Which is why they “always have money to invest.” MILLIONAIRE  INVESTOR’S BUDGET  MILLIONAIRE INVESTOR’S   PERCEIVED BUDGET Investment Spending Income Taxes Required  Spending Discretionary  Spending Appears on  Page 135
The Financial Model 2 ,[object Object],[object Object],[object Object],[object Object]
THE FINANCIAL MODEL PART ONE: EQUITY BUILD UP Buy It Right Pay It Down Pay It Off Appears on  Page 146 Equity Investment Debt MARKET VALUE Equity Investment Debt MARKET VALUE Equity Investment MARKET VALUE Equity Investment Debt MARKET VALUE Price Appreciation Debt Pay Down Equity Build Up + =
THE FINANCIAL MODEL PART TWO: CASH FLOW GROWTH Buy It Right Pay It Down Pay It Off Rent Appreciation Debt Pay Off Cash Flow Growth + = Appears on  Page 149 RENT Vacancy & Expenses Cash Flow Vacancy & Expenses Debt Service RENT Cash Flow RENT Vacancy & Expenses Debt Service Cash Flow RENT Vacancy & Expenses Debt Service Cash Flow
The  Network Model 3 ,[object Object],[object Object]
THE MILLIONAIRE REAL ESTATE INVESTOR’S WORK NETWORK MILLIONAIRE  REAL ESTATE INVESTOR INNER CIRCLE SERVICE CIRCLE SUPPORT CIRCLE Attorneys Accountants Lenders Real Estate Agents Property  Managers Contractors Mentors Title  Companies Landscapers Insurance Agents Cleaning  Services Maintenance Technician Appliance Rentals Appraisers Inspectors Leasing  Agents Lawn  Service Builders Developers Courthouse Clerks Investors Masons Roofers Plumbers Concrete Companies Painter Flooring & Carpet Electrician Carpenter Financial Planners Partners Consultants Appears on  Page 159
Lead Generation Model 4 ,[object Object],[object Object]
THE LEAD GENERATION MODEL FOR INVESTMENT PROPERTIES Separate Suspects from Prospects 4 Identify the People who can connect you to Properties that meet your Criteria 2 Have Clear Criteria for the Property you want to Invest in 1 Systematically Lead Generate for Properties and People 3 WHAT WHO WHICH HOW
WHAT AM I LOOKING FOR? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],1) What You’ll Consider 2) What You’ll Buy Two Kinds of Criteria Have Clear Criteria for the Property you want to Invest in 1
MILLIONAIRE REAL ESTATE INVESTOR’S CRITERIA WORKSHEET Appears on  Page 184 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How Millionaire Real Estate Investors Find Opportunity Networking Real Estate Agents/MLS Driving/Walking Newspaper & Ads Foreclosure Listings For Sale By Owners Internet/Database Research Targeted Marketing Other   32%   28% 10% 9% 7% 4% 3% 2% 5% Appears on  Page 198
WHICH PROPERTIES ARE THE REAL OPPORTUNITIES? Separate Suspects from Prospects 4 ,[object Object],[object Object]
THE LAW OF NUMBERS 30 Appears on  Page 216 1 3 10 Consider Look At Offers Buy
The Acquisition Model 5 ,[object Object],[object Object],[object Object]
THE ACQUISITION MODEL OF THE MILLIONAIRE REAL ESTATE INVESTOR Volume CASH Profit Margin Volume CASH FLOW & EQUITY Profit Margin Your Cash-Building Platform Your Wealth-Building Platform Find & Refer 1 Control &  Assign 2 Buy & Sell 3 Buy, Improve & Sell 4 Lease Option 1 Buy & Hold 2 Buy, Improve & Hold 3 Appears on  Page 222
After Repair Value (ARV) $ Fast Sell Factor – $ % Fast After Repair Value (FARV) = $ Discount/Profit – $ % 1 Cost of Purchase (COP)  – $ 2 Cost of Repair (COR) – $ 3 Carrying Costs (CC) – $ 4 Cost of Sale (COS)  – $ Purchase Price = $ Amount Financed – $ Total Investment  = $ 1 Finder's Fee $ Inspection + $ Closing Costs + $ Total Cost of Purchase  = $ 2 Cosmetic Minor + $ Cosmetic Major + $ Structural + $ Fixtures/Appliances + $ Landscaping + $ Contingency Factor  + $ % Total Cost of Repair  = $ 3 Taxes + $ Fees/Insurance + $ Utilities/Services + $ Debt Service + $ Property Upkeep  + $ Total Carrying Cost = $ 4 Agent Commissions  + $ Home Warranty + $ Title Insurance & Fees + $ Buyer Closing Costs + $ Total Cost of Sales  = $ Operating Terms Purchase Terms Cost of Purchase Sub-Worksheet  Cost of Repair Sub-Worksheet  Carrying Costs Sub-Worksheet  Cost of Sale Sub-Worksheet  Terms Worksheet TERMS WORKSHEET: BUY & SELL
 
Big Why Big Goals Understand & Path Money Become An Investor Learn Real Estate Market Prospect Build & Work Database Market Leads Interview Sellers Engage Network Inspect  Properties Make Offers & Negotiate Terms Acquire Deals Evaluate Results Build Network Define Criteria PUT IT ALL TOGETHER Get Motivated Acquire Knowledge & Focus Generate Leads Convert Suspects To Prospects Buy Real Estate Gain Insight
How can we help? Answer your Questions www.millionairesystems.com  to download the forms we talked about  THANK YOU FOR COMING!

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MREI

  • 2.  
  • 3.
  • 4.
  • 5. THE POWER OF PROVEN MODELS OVER TRIAL AND ERROR Trial & Error Appears on Page 20 Where You Begin with Action Based on Personal Experience Where You Begin with Action Based on Proven Models Your Highest Level of Achievement Your Natural Ceiling of Achievement
  • 6. THE FOUNDATIONAL MODEL OF THE MILLIONAIRE REAL ESTATE INVESTOR Receive Own Buy Think Appears on Page 33 CRITERIA TERMS NETWORK Supports Your Deals Identify Potential Deals Determine the Real Deals
  • 7.
  • 8. EIGHT MYTHUNDERSTANDINGS BETWEEN YOU AND FINANCIAL WEALTH Three Personal Myths Myth : I Don’t Need to Be an Investor — My Job Will Take Care of My Financial Wealth Truth : Yes, You Do Need to Be an Investor — Your Job is Not Your Financial Wealth 1 Myth : I Don’t Need or Want to Be Financially Wealthy — I’m Happy with What I Have Truth : You Need to Open Your Eyes — You Do Need and Want to Be Financially Wealthy 2 Myth : It Doesn’t Matter If I Want or Need It — I Just Can’t Do It Truth : You Can’t Predict What You Can or Can’t Do Until You Try 3
  • 9. EIGHT MYTHUNDERSTANDINGS BETWEEN YOU AND FINANCIAL WEALTH 1 Myth : Investing is Complicated Truth : Investing is Only as Complicated as You Make It 5 Myth : All the Good Investments are Taken Truth : Every Market has Its Share of Good Investments Five Investing Myths Myth : The Best Investments Require Knowledge Most People Don’t Have Truth : Your Best Investments Will Always Be in Areas You Can or Already Understand 2 Myth : Investing is Risky — I’ll Lose My Money Truth : Investing, by Definition, is Not Risky 3 Myth : Successful Investors are Able to Time the Market Truth : In Successful Investing the Timing Finds You 4
  • 10.
  • 11.
  • 12. THE BIG WHY Why Appears on Page 81 Why Personal Growth “ I want to be the best I can be” Why My Big Why Why Why Why
  • 13.
  • 14. THE MONEY MATRIX Consumption Cash Cash Flow Capital Consumption Capital Shadow Wealth is built on CONSUMPTION and CASH YOU WORK for money! Cash Flow Cash Appears on Page 89 Financial Wealth is build on CAPITAL and CASH FLOW MONEY WORKS for you!
  • 15.
  • 16. THINK VALUE, OPPORTUNITY & DEALS Make Deals Know Value Find Opportunity Appears on Page 111
  • 17. Think Action O Observer S Speculator S Collector I Investor Action High Risk High Return Low Risk Low Return No Risk No Return Minimum Risk Maximum Return Inaction Appears on Page 117 Action Inaction
  • 18.
  • 19.
  • 20.
  • 21. HOW A CONSUMER SEES THEIR BUDGET CONSUMER’S PERCEIVED BUDGET Confuses Discretionary Spending with Required Spending Which is why they “just can’t afford to invest….” CONSUMER’S BUDGET Investment Spending Income Taxes Required Spending Discretionary Spending Appears on Page 134
  • 22. HOW AN MILLIONAIRE INVESTOR SEES THEIR BUDGET Considers Investment Spending to be Required Spending. Which is why they “always have money to invest.” MILLIONAIRE INVESTOR’S BUDGET MILLIONAIRE INVESTOR’S PERCEIVED BUDGET Investment Spending Income Taxes Required Spending Discretionary Spending Appears on Page 135
  • 23.
  • 24. THE FINANCIAL MODEL PART ONE: EQUITY BUILD UP Buy It Right Pay It Down Pay It Off Appears on Page 146 Equity Investment Debt MARKET VALUE Equity Investment Debt MARKET VALUE Equity Investment MARKET VALUE Equity Investment Debt MARKET VALUE Price Appreciation Debt Pay Down Equity Build Up + =
  • 25. THE FINANCIAL MODEL PART TWO: CASH FLOW GROWTH Buy It Right Pay It Down Pay It Off Rent Appreciation Debt Pay Off Cash Flow Growth + = Appears on Page 149 RENT Vacancy & Expenses Cash Flow Vacancy & Expenses Debt Service RENT Cash Flow RENT Vacancy & Expenses Debt Service Cash Flow RENT Vacancy & Expenses Debt Service Cash Flow
  • 26.
  • 27. THE MILLIONAIRE REAL ESTATE INVESTOR’S WORK NETWORK MILLIONAIRE REAL ESTATE INVESTOR INNER CIRCLE SERVICE CIRCLE SUPPORT CIRCLE Attorneys Accountants Lenders Real Estate Agents Property Managers Contractors Mentors Title Companies Landscapers Insurance Agents Cleaning Services Maintenance Technician Appliance Rentals Appraisers Inspectors Leasing Agents Lawn Service Builders Developers Courthouse Clerks Investors Masons Roofers Plumbers Concrete Companies Painter Flooring & Carpet Electrician Carpenter Financial Planners Partners Consultants Appears on Page 159
  • 28.
  • 29. THE LEAD GENERATION MODEL FOR INVESTMENT PROPERTIES Separate Suspects from Prospects 4 Identify the People who can connect you to Properties that meet your Criteria 2 Have Clear Criteria for the Property you want to Invest in 1 Systematically Lead Generate for Properties and People 3 WHAT WHO WHICH HOW
  • 30.
  • 31.
  • 32. How Millionaire Real Estate Investors Find Opportunity Networking Real Estate Agents/MLS Driving/Walking Newspaper & Ads Foreclosure Listings For Sale By Owners Internet/Database Research Targeted Marketing Other 32% 28% 10% 9% 7% 4% 3% 2% 5% Appears on Page 198
  • 33.
  • 34. THE LAW OF NUMBERS 30 Appears on Page 216 1 3 10 Consider Look At Offers Buy
  • 35.
  • 36. THE ACQUISITION MODEL OF THE MILLIONAIRE REAL ESTATE INVESTOR Volume CASH Profit Margin Volume CASH FLOW & EQUITY Profit Margin Your Cash-Building Platform Your Wealth-Building Platform Find & Refer 1 Control & Assign 2 Buy & Sell 3 Buy, Improve & Sell 4 Lease Option 1 Buy & Hold 2 Buy, Improve & Hold 3 Appears on Page 222
  • 37. After Repair Value (ARV) $ Fast Sell Factor – $ % Fast After Repair Value (FARV) = $ Discount/Profit – $ % 1 Cost of Purchase (COP) – $ 2 Cost of Repair (COR) – $ 3 Carrying Costs (CC) – $ 4 Cost of Sale (COS) – $ Purchase Price = $ Amount Financed – $ Total Investment = $ 1 Finder's Fee $ Inspection + $ Closing Costs + $ Total Cost of Purchase = $ 2 Cosmetic Minor + $ Cosmetic Major + $ Structural + $ Fixtures/Appliances + $ Landscaping + $ Contingency Factor + $ % Total Cost of Repair = $ 3 Taxes + $ Fees/Insurance + $ Utilities/Services + $ Debt Service + $ Property Upkeep + $ Total Carrying Cost = $ 4 Agent Commissions + $ Home Warranty + $ Title Insurance & Fees + $ Buyer Closing Costs + $ Total Cost of Sales = $ Operating Terms Purchase Terms Cost of Purchase Sub-Worksheet Cost of Repair Sub-Worksheet Carrying Costs Sub-Worksheet Cost of Sale Sub-Worksheet Terms Worksheet TERMS WORKSHEET: BUY & SELL
  • 38.  
  • 39. Big Why Big Goals Understand & Path Money Become An Investor Learn Real Estate Market Prospect Build & Work Database Market Leads Interview Sellers Engage Network Inspect Properties Make Offers & Negotiate Terms Acquire Deals Evaluate Results Build Network Define Criteria PUT IT ALL TOGETHER Get Motivated Acquire Knowledge & Focus Generate Leads Convert Suspects To Prospects Buy Real Estate Gain Insight
  • 40. How can we help? Answer your Questions www.millionairesystems.com to download the forms we talked about THANK YOU FOR COMING!