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"Do not try this at home . .
."
There's a reason those guys on television ask you to not do the things you
see them attempt to do. They're risky or downright dangerous, and for a
novice to do whatever it is they're doing on the screen is just an accident
waiting to happen.
Have you watched any of the "house flipping" shows on television
lately?
They're very entertaining and the profits sure do look big and easy. But is
flipping houses the way they do it on TV, something a real estate investor
(that means you) should do it? Heck no, I wouldn't go anywhere near those
things.
No way, Jose
Spending lots of money to get deeds on houses that need even
more money isn't smart; it's risky. And as a rule, smart investors avoid
needless risk.
Ask anyone who's spent six months on a rehab project and knows he has no
prayer of coming close to breaking even, and he'll tell you about the real
world of fixing up houses: Rehabs are NOT the easy money they make them
out to be on television.
Smart investors have figured out better ways to flip properties--ways that
require little, if any, out-of-pocket money. And another project to take on?
Not a chance!
The Blue Pen Flip�
Smart investors make money with nothing more than a shiny, blue
pen. That's it. Just you and that pen of yours is all it takes once you
understand that "getting deeds" and getting dirty is the very last
thing you need to be thinking about doing.
A Blue
Pen Flipper� knows that the money is in the deal making. That
means doing deals and passing them on to the fellas with borrowed hammers
who learned how to rehab on television.
The rules have changed
It's a down market in many areas of the country, and property
values aren't even close to what they were just last month. Investors with
deeds in their pockets are getting hit by declining values and stuck with
properties they can't give away for what they owe, and that ain't good.
Forget about getting deeds. Another deed is the last thing you need right
now. You don't need a deed to get paid any more. Deeds are
problematic, expose you to all kinds of risk, and make profiting harder, not
easier.
Stop chasing deeds!
Once you realize there's a tremendous demand for fixer
properties and see that fellas with borrowed hammers will pay you a
premium for the chance to put that hammer in motion, you make it your job
to provide them with something to hit.
Get out there and do a Blue Pen Flip�!
Here's how it works . . .
You find someone who really wants to sell, and you Investor Up�, that
is, you tell them up front you're an investor, you need to make a
quick profit in order to even consider doing a deal with them, and you ask if
that's "okay."
Once the seller agrees that making a profit is not a problem, everything
falls into place.
Marketing the property
Showing the property to perspective buyers? Sure, why not? The
seller understands your game plan, knows your intention is to resell
immediately, agrees it's cool,and is completely on board with it. Marketing
that property with a sign in the front yard, a classified ad, or even listing
it in the MLS?
Absolutely. That's all part of the "quick profit" story the seller
signed off on. And because he's in complete agreement, doing whatever it
takes to get that property resold (and him paid) is pretty much green lighted
from there on out.
And when that new buyer shows up and says he'll pay way more than you're
paying, does the seller go nuts? Of course not. He's been on board every step
of the way. He knows the plan was to resell at a profit from the first moment
you opened your mouth, and he's agreed that "quick" was your objective
all along.
Put away the smoke and mirrors
Listen, there's no need to pretend we're taking title
ourselves. There's no need to hide our profits. And there's no need for silly
double escrows or simultaneous closing to keep the seller from finding out
about our double-dealing ways.
Forget about playing games with sellers. There's simply no need for smoke and
mirrors in your real estate investor's tool kit because once you Investor
Up�, making a profit is merely the next step.
No buyer?
And when you can't find a buyer? Sure, that happens. But it's
not the problem it used to be. When the seller has agreed that making a
profit is your requirement, and then sees a profit isn't possible at the
current agreed upon price, there's no problem not following through to closing.
That's always been the fear: What am I going to do if I can't find a suitable
buyer to assign this thing to?
Well, when it's been agreed, up front, that you won't close if you can't make
a profit, then walking away from a deal that doesn't make sense isn't somehow
pulling the rug out from under the seller; it's merely doing what was agreed
upon from the very beginning.
Securing your profits
But Investor Up� is only one of the first steps in the
Blue Pen Flip� process. It's an important step since it establishes
your position and allows virtually everything needed to make a profit fall
into place from there on out. But it's still just one step.
A Blue Pen Flipper� also understands that securing those potential
future profits is critical as well, and that becomes the next step.
When your new buyer shows up and all of a sudden there's tens of thousands of
dollars on the table, you'd better be certain you've got a stranglehold on
those profits. If you don't, you can pretty much figure that someone will try
to snatch them away from you.
Smart investors address any profits in advance of those profits happening,
and getting a stranglehold on profits is a step in the process as well.
A dozen steps in the BPF process
There are a dozen steps in a Blue Pen Flip�, each
designed to get you to closing with the least amount of risk, resources, or
problems.
We Investor Up�: we get a stranglehold on our profits; we put the
properties into play by listing them with agents in the MLS; and when that
new buyer shows up with an acceptable offer, we get it into the hands of our
seller; and he puts our profit in writing, so there's no wondering about
getting paid.
Yes, you can
Once you understand how to pull it off, you too, can make real
profits happen. You don't need to write checks or swing hammers anymore.
You're a dealmaker and dealmakers know the ONLY thing you need
to create real estate profits is one shiny, blue pen.
And yes, feel free to try this at home.
The Blue
Pen Flip: A Radical New Approach to Real Estate Investing
If you haven't yet discovered what it's like to create instant cash profits
by flipping the paperwork--not the houses, you're missing out on one of
the very best ways to get paid as a real estate investor.
This is a completely new approach, unlike anything you've ever seen in the
past. This thorough course includes 20 lessons in all, as well as
everything you need to get your Blue Pen Flip business off the ground.
Learn the strategies, the scripts, the documents, and the simple steps it
takes to create cash profits solely on your skills as a dealmaker. You
won't find this approach in any other book or course.
About the author...
Joseph M. Kaiser is a highly successful real
estate investor who is a real doer. He is proud to be out, pounding
the pavement nearly every single day, looking for the next bargain property
to add to his investment portfolio. Joe started investing in real estate in
the mid-1980s and soon found his niche in foreclosures and lease options. He
is the master at tracking down motivated sellers. Joe shares his
insights, secrets, and money-making systems in his highly informative
courses:
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