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CASE #4: Negotiator: RJ Palano Address: 3671 River Mansion Dr. Duluth, GA Acquisition Price: $450,000
Rehab: $17,000 Sale Price: $550,000
Details of the Deal: Here’s another Fast Home Solutions lead that resulted in a $73,000 profit. RJ managed to beat a competing cash offer for $450,000. He negotiated a $50,000 down payment and a promissory note to pay the $400,000 balance, after the home was sold. During the rehab, RJ negotiated another $25,000 off the balance of the note for a faster payout to the seller. When all was said and done, RJ made a return of more than 100% on his $67,000 cash outlay, in four months.
To be successful in any business, you have to be different. When you’re in a competitive business space—and the sin- gle-family house business is very compet- itive—you have to be different. Fast Home Solutions has set itself apart from other lead generation companies and franchise operations by lowering the price barrier-of-entry and tying perfor- mance to the success of the franchisee. In fact, the company has an outright money-back guarantee for the franchise cost if a franchisee does not achieve im- mediate generation of leads in the first 30 days (conditions apply). That’s confidence. And that’s unusual in today’s day and age of slick-speaking “real estate gurus.” Some of these speakers and marketers will charge you the cost of a house to have their gold or platinum membership, and you end up with no house. Here are the keys to be successful as a house buyer who wants 5 to 20+ deals per month. You must understand:
leads right to your phone (or call center) and email box. This isn’t for everyone! It’s for the super-achiever who un- derstands that every time the phone rings or an email comes in, it could be a $100,000+ profit. The real question for you is: What do you want your business and your life to look like? This is a high-energy business with frills and thrills that make it very exciting to get up in the morning. If you ever invested a dollar, and got $4 back, would you do it again? If you’re anything like our family of investors, you would want to invest a lot more so you could get a lot more back. Explore further. Learn how the Fast Home Solution lead-generation and busi- ness system can help you do more deals and earn more profit.
NO. 1 Your market.
NO. 2 The cost of money.
• Coverage for vacant, rehab, or occupied properties • Pay-as-you-go monthly - never pay for more coverage than you need • Coverage available in all 50 states • Tailor coverage options to fit your specific property investment strategy • Insure multiple LLCs and corporations under one schedule Whether you own or fund one investment property or hundreds, REIGuard simplifies your insurance experience. Our team works to deliver custom solutions that meet your specific needs.
NO. 3 The cost of rehabs and how to manage subcontractors.
“ They’re the only [agency] I know who has taken the time to study and understand the very specific needs of investors. Insur- ance is a minefield for people who own multiple properties, and they are the only agency I’ve met in 18 years that can recom- mend the right insurance at the best price for the investor or landlord. ”
NO. 4 Opportunity cost.
NO. 5 Sources of funding, ideally resourced with at least $500,000.
NO. 6 How to negotiate with sellers and solve their problems.
The MOST IMPORTANT thing: It doesn’t matter what you know if you don’t have the motivated sellers contacting you to buy their houses. The critical part to building a Buy/Sell Machine is to have a continuous flow of mo- tivated sellers who need their money now! And that’s exactly what Fast Home Solutions can do for you. We will deliver
Vena Jones-Cox, Ohio
Visit our website or call to request a proposal today! REIGuard.com / 888-741-8454
Contact us today at www.InvestorDealFlow.com.
6 | Fast Home Solutions
www.InvestorDealFlow.com | 7
REIGuard is the residential real estate insurance Program offered by National Real Estate Insurance Group, LLC and serviced by Affinity Group Management, Inc.
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