On January 8th, 2001, our life changed in an instant!
Our entire income source disappeared in the blink of an eye (we
lost our million dollar company to a bad partnership).
Every nickel we had was invested in that company!
We were devastated!
We were placed in a position that we had to do something to make
money that month!
We often tell our students that even if you contacted us back in
January and told us that you had a course that could teach us
how to invest in real estate without credit checks and
$1.00-10.00 down we would have turned you away UNLESS you could
show us how to make what we call real money with those homes.
What is real money? To us it is at least $5,000 to $10,000 a
month (and more!).
You see, when most people think of investing in real estate they
think of the "buy and hold" strategy.
The "buy and hold" strategy is where you buy a piece of property
and "Hold" it for years while the principal is slowly paid down
and the value goes up.
We did not have time to "buy and hold" a home and wait 3-10
years to realize a profit!
If we were going to invest in real estate we had to do it in a
way that made us "real money" that month! Not 3-10 years from
now!
Our mortgage, electric bill, and telephone bills are due every
month!
The mortgage company does not want to wait 3-7 years for their
money, and they won't!
We were very fortunate to learn how to control properties
without credit checks and $1-10.00 down and still enjoy real
profits in the thousands of dollars per home.
Our system was not put together because we were sitting in the
Jacuzzi one day and the clouds parted and we received divine
inspiration!
We often tell people that "we teach from where we have lived,"
meaning that we teach from personal experience.
We are unique in that we used what we teach first and foremost
to secure our dream home. It was not until we lost our company
that we were put into a position where we had to look closer at
investing full time.
It was then that we discovered how powerful what we teach really
is.
In 3 years, the land values in our area had tripled and our
dream home almost doubled in value, giving us an unheard-of
equity position without being on title!
We knew first hand how powerful this method was and that it
could generate some immediate serious cash flow!
Whatever way you choose to invest in real estate you will have
to pay attention to your cash flow.
We have an investor friend of ours that invests in homes that
need to be fixed up.
On his current project he had a home that he had estimated the
fix up costs of the home to be $5,000.
The last time I talked to him he was at $25,000 in repairs and
counting on that project! (Ouch!)
We were not interested nor did we the have money or credit to
buy a home and then spend tens of thousands of dollars fixing it
up (while still paying the mortgage) and then put it on the
market for who knows how many months until it sold.
Now understand, we are not passing judgment on that method of
investing in real estate. We are sure there are tremendous
profits in that area if done the right way, we just did not have
an interest in "fishing out of that pond."
In "Buy With No Credit, How to Make Money this month in Real
Estate", we teach you not only how to invest in real estate
without credit checks and $1.00-$10.00 down but also how to
enjoy up to 3 tremendous areas of profit on a home!
#1. Upfront profits in the thousands (real money)
#2. Profits every single month (cash flow)
#3. Profit when you go to closing
For example, a recent deal we did resulted in an upfront profit
of $5,500, a monthly cash flow of $200.00 and a back end profit
of $6,000 (this from a home that had no equity in it when we did
the deal!)
They say that "CASH IS KING" and we tend to agree with that
statement (as does our mortgage company and creditors).
So when you decide to invest in real estate, make sure you
clearly understand how and when you are going to profit in that
deal.
We recently talked to a new investor who had invested in her
first investment home using the "buy and hold" strategy. She
secured a 30-year mortgage on the home and for months it has
been vacant.
Meanwhile, she has been paying $1,000 a month for the mortgage!
Real estate can be a very profitable investment, but it is not
completely risk-free.
Thankfully, there are ways to limit your exposure to those risks
so you can experience the joy of going to the bank and putting
money in the bank instead of taking it out every month! We
discuss this in our course, "Buy With No Credit, How to make
money this month in Real Estate!"
Truly caring for your success, TC and Vickie Bradley
http://www.tcandvickiebradley.com
About the author:
TC and Vickie Bradley are authors of the #1 best selling course
"Buy With No Credit, How to make money this month in Real
Estate".
It has maintained a #1 ranking in Real Estate at one of the
Internet's most trusted and respected web sites since it was
released in April of 2003.
This dynamic and caring couple has a passion to assist others in
walking into the greatness that is already within them!
