|
Why every Real Estate Investor needs to have an
understanding of the power of being able to couple Real Estate with Real
Estate "Paper" and
financing techniques. By combining Real Estate acquisition &
disposition techniques with Real Estate "paper"
you have the ability to out Negotiate, outmaneuver, and outsmart, much of
your competition. Learn how to construct transactions
to make deals happen.
It’s fairly easy
to acquire properties in a good "buyers" market, and far easier
in a down economy where uncertainties exist. However
what about when the markets go through transition or turn? What if you can’t
sell? And / or How can you continue to
buy in "red hot" marketplaces?
|
| About
the Instructor: |
| Michael
T. Morrongiello |
|
Michael T. Morrongiello is an active investor who
specializes in Real Estate & Real Estate "Paper"
investments. He has bought,
sold or held for investment multiple properties in several states and
thousands of Real Estate secured Mortgages securing
all types of residential properties, apartments, mobile home parks, office
buildings, development land, businesses, commercial
property, in every state in the Union from Alaska to Hawaii and Florida to
California. His tips, tricks, and traps articles
appear in industry publications like the American Cash Flow Journal, the
Paper Source, Noteworthy Newsletter, Real
Estate Link, and Creative Real Estate, and he has also appeared in the
Wall Street Journal.
His family and he
recently re-located to the "Valley of the Moon" wine country
region of Sonoma, CA, and the greater San Francisco
Bay Area which generally is considered to be one of the most expensive
housing regions in the nation. He continues to
implement creative money making techniques in this region.
Having run a
mortgage lending operation in the past, along with dealing in both Real
Estate and Mortgage investments, he strongly
believes in the powerful Unity that exists which allows solutions to be
generated when Real Estate opportunities are
creatively coupled with "paper." His firm Sunvest (www.sunvestinc.com)
continues to invest in Real Estate secured "paper"
today.
|
| Here
are a few of the topics that will be covered: |
|
Buy for Cash and Still get Terms
 |
Achieve
the best of both worlds |
|
Acquire
properties with flexible terms and still be
able to pay cash to the seller(s) |
|
Learn why Custom
tailored can be better than "off the
rack" financing |
|
A "Cookie Cutter" approach to selling
Rehabbed properties
|
• The
(5) five F’s … |
|
• A
Systematize approach to getting in, and getting out
quickly |
|
• Always
have a potential exit strategy for your properties |
|
|
’Tis the Season or Not to Season?
|
What
is seasoning? |
|
Is it really an
important issue? |
|
Does it make a
significant difference? |
|
Cash Flow building Techniques?
|
Using
"paper" to create income |
|
Create
predictable income |
|
"Paper"
as an investment |
|
|
Interest Twists
|
Daily,
Monthly, Annually, etc. |
|
Compounding
techniuques |
|
Par, Premium, or
Discount –what’s better for you? |
|
Including
Interest Vs with Interest |
|
Price Vs
Interest Vs Time of Repayment |
|
Seasoning of Title Ownership – No problem
|
To
flip or not to flip |
|
Ways to avoid
this lender restriction and still operate |
|
Ground rules to
follow |
|
|
Raise lump sums of Cash
|
Create
the deal after the deal… |
|
Buy Now, pay
later |
|
Some Now, Some
Later |
|
Raising moneys for "down" payments
|
Why
is cash so important |
|
Unique ways to
raise cash |
|
Use what you
want… |
|
|
Deal Structure Tips, Tricks, & Traps
|
What’s
your Game Plan? |
|
What are the
right "spec’s"? |
|
Institutional Vs
Private "paper" |
|
Selling fast with Limited fees or closing costs
|
Why
hard money can be very costly money |
|
Getting the
phone to ring |
|
Aggressive
Marketing for any marketplace |
|
Shorten the
Sales cycle |
|
Buyer &
Seller Advantages |
|
|
Influence Sellers for profitable terms
|
The
what’s-in-it-for-them approach |
|
Getting Top Retail prices in Weak Markets
|
Distinguishing
your property from others |
|
What may be your
only opportunity to sell |
|
|
Certainty Vs Uncertainty of Lease Options
|
Buying
or selling using lease options |
|
Hidden benefits
and pitfalls |
|
Addressing
Seller’s concerns over their security |
|
Realizing your
profit |
|
Wraps & Split Wraps
|
What
is a Split Wrap? |
|
Let’s print
some of our own currency |
|
|
Creative "Paper" Clauses
|
Programming
future profits |
|
Enhance or
Detract your deals,
you choose |
|
Where to invest
excess cash |
|
Ways to use paper to acquire "fixer" properties
|
What
is "Creative Financing"? |
|
Show me the
money (and one way to get it) |
|
Pay more and
still profit |
|
Why your offer
looks better than the competition |
|
|
To Wrap or Not to Wrap?
|
Learn
the Different Types of instruments |
|
Wraps clearly
defined and illustrated |
|
Where the real
profit centers are with Wraps |
|
Earning Property profits without ever
buying the
property
|
An
often overlooked profit center |
|
Making marginal
deals work for you and the seller |
|
|
The importance of using correct paperwork
|
What
to use and when |
|
Who’s on your
team? |
|
|
|
What Other’s Have Said About this Workshop: |
|
"One of the finest seminars I’ve been to…"
— Devin Cox,
Buffalo Home Buyers, LLC Buffalo, NY
"As a presenter you answered questions in an honest
open manner and also provided detail." — Yuchun
Chen
"Very Informative and positive… I appreciated the
sharing of info with no strings attached."
— Saeed Arrington, Terra Realty, Inc., Bowie, MD
"I learned a TON in this workshop, really useful
stuff that I can use…" — Bill
Nicholson, Dallas, TX
"One of the best workshops I’ve been to in a while…"
— Jonathan
Rexford, Rexford, Inc., Vero Beach, FL
"Workshop was User Friendly, clear and concise …"
— Tara Simone
Jones, Mitchellville, MD
"Mike, you gave away too much information and it was
all meat, little fluff, just the way I like it…"
— K.
Long, Portland, OR
"Excellent materials, great presentation, I got one
idea that just paid for the whole day."
— Tim
Langley, Realty Advisors, Bakersfield, CA
"When it comes to Paper, it became abundantly
clear you really know
your stuff…"
— Glen
Armand, Home Solutions, Springfield, IL
|
| Return
to Conventions Page |
|
|
|
|
|
