Quick Start Real Estate School By Ron Legrand
Quick Start Real Estate School By Ron Legrand
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I think back to 1982 when I was a dead broke auto mechanic trying to make enough money to make ends meet. There was no such thing as disposable income around my house. It was all disposed of before I got it. Thirty-five-years-old and, I didn’t have a clue what I wanted to be when I grew up; but I knew it wasn’t fixing cars in the hot Florida sun.
It was March 12, 1982, and it had been raining for two days. The weather was lousy and I remember lying awake into the wee hours of the morning the night before, worried sick about how I was going to catch up a huge stack of past-due bills.
I think what bothered me most was the big fight I’d had with my wife that evening because she wanted to buy a new washing machine and I wanted to fix the old one because I didn’t think we could afford a new one, a whopping $200 investment. We fought frequently about money, or the lack of it.
There I was, already married for 17 years, had 4 kids, our own home, and good health…shouting at each other over a stupid washing machine. All night long my stomach was in knots and I just lay there, trying to figure out how I was going to make more money when my job as a mechanic was already taking up 50 – 60 hours a week.
The next morning I was up at 5:30 reading the paper when I saw an ad for a seminar to learn how to buy houses with no money or credit. That ad really appealed to me because I had neither. I’d filed bankruptcy a few years earlier and all my income was spent, and my credit was shot.
So I went down to check it out the next night and three weeks later I had made my first check in Real Estate for $3,000, starting from scratch with no previous experience. Heck, I couldn’t even spell Real Estate. That was a whole new beginning for me and I came real close to talking myself out of it. I’m sure glad I didn’t.
I wasn’t a Real Estate agent, lawyer, or rich investor. I started out as a broke auto mechanic. Today, I’ve personally boughtand sold over 2,500 houses, worth millions of dollars…using almost none of my own money and still buying 2 – 5 houses a month! In the process, I’ve become a multi-millionaire and developed a System to buy and sell Real Estate quickly with almost no risk.
Well, Bev and I don’t argue about washing machines any more after 50 years of marriage, 4 kids, 9 grandkids and 7 great grandkids. Today our arguments are usually about who’s spoiling the great grandchildren the most.
Here’s a picture of Elaina, our 3 year old great granddaughter. We start them young.
Many nationally recognized experts in the field of making money, and thousands of students who have taken my courses, consider me the foremost authority on these unique “Quick-Start” Real Estate deals. I’ve helped many people from all over North America…
It’s a business concept that’s creating a mini-revolution all across the country and giving thousands of people the ability to create their own wealth system right from their living room. This business will seem very familiar to you at first. But the truth is, it’s actually completely new, in so many important and exciting ways.
This system is being used by thousands of people who started with little or no knowledge of this new business. Yet, after learning and applying these techniques, they’re making more money than they ever thought possible.
What I needed was a business I could tailor to fit me and my life… an opportunity anybody could take and mold to their own lifestyle. A business with a vehicle to carry it through high times as well as low times, not some shooting star that works great today only to have the parent company go belly-up tomorrow.
I have to admit, my requirements for a business were pretty strict. I wanted nothing like what I’d been suffering through for years, nor did I want anything to do with business concepts that looked like more trouble than they were worth. So, I created a kind of wish list for the business of my dreams… listing the things that would make a business fulfilling, pleasurable and, most importantly, financially rewarding. Before long, my wish list became a list of absolute requirements.
It was right under my nose… real property, real estate. Here was a business that could fulfill every one of my requirements. There was just one problem: all the stale, old, traditional approaches to real estate seemed to shut me out.
Everyone told me I needed lots of money and great credit…I had neither. They said the way to make money in real estate is to buy property, rent it to get the cash flow, and after a few years, get some profit from appreciation.
But I knew people who owned 20 or 30 houses and couldn’t even afford to go out to eat. Every time they had a vacant house, they were there all night long painting, cleaning, repairing the plumbing, or doing some other filthy work. And when I talked to real estate agents, they told me I needed to buy houses and sell them, but how could I afford two house payments when I could hardly pay the one I already had? Clearly, even though real estate was the right vehicle, the common methods being used to profit from it left me out.
Instead, I learned an entrepreneurial approach. It’s a way of making money fast, amazing amounts of money, a method I pioneered and has brought me national recognition. It’s different from anything you’ve ever thought about real estate. In my opinion, it’s the perfect business for reasons we’ll discuss later.
“What we learned will propel our business again to a much higher level. This event is a must for anyonethat wants to improve cash flow. We got one idea that will increase our cash flow by more than most people will make in the next 10 years!”
~ Stephanie Iannotti, Butler, PA
You see, when I first started in this business, I quickly discovered I needed cash to pay my bills right now…not four or six months down the road. I needed a way to make real estate pay off in a matter of days, not years! And you know what? I proved it can be done!
Today, the business system I perfected is known around the country as “Quick Turn.” The trademarked name says it all. It’s the turning of properties (or the contract on a property) in as quick a time frame as possible. It’s the method, or methods, of getting in with as little up-front capital as possible (or none!) and knowing the profit you’ll receive before you even make an offer!
I didn’t invent quick turning, although I have personally closed over 2,500 transactions in the last 30 years or so …and I’m recognized as the leading expert in this particular arena. No, I simply copied the basic principles of businesses that deal with inventories.
Think about companies that sell nuts and bolts, or salmon and sausages, cars and trucks, or oil and gas. Businesses like these don’t hold on to their inventory in hopes it’ll go up in value. Many who did are in deep trouble today. Their objective is to “turn” that inventory, for a profit, every so many days. The faster their inventory turns, the more money they make.
Within this business, there are different opportunities just right for different types of people. If you happen to have a background in carpentry, construction or remodeling, or if you’re in that kind of business now, there’s a perfect opportunity here for you, and you may make more in a few hours a week in this business than you do in your regular, full-time business.
On the other hand, if you’re like me and the last thing you want to do is get your hands dirty, that’s OK, too.
There’s a perfect “executive approach” to this business that’ll be just right for you. It’s working for professionals I’ve trained from all kinds of backgrounds such as Chiropractors, Dentists, Attorneys, Engineers, Real Estate Agents and a long list of others.
If you’re a sophisticated investor with money that should be working harder for you, there’s a “banker approach” to this business our Wall Street friends go crazy over. Then again, if you’re a working stiff, struggling daily to make ends meet, running out of money every month (that’s where I was when I started), then we’ve got a “no-cash, start-up plan” that can change your life.
There are actually lots of ways to accomplish this, and yes, the same business principles apply to real property as they do to any other commodity.
It’ll take a little patience on your part to gain an understanding of exactly how this unique business can work for you and get five figure checks coming your way and I can help make it happen if you let me.
While the concepts I’ve created are not widely known, they’re widely praised in the industry.
But even more important is the praise of real people who are using my business system successfully. I’ve included many of their stories in this report for your review.
I’ll show you several ways you can be in a lovely home in an area of your choice, with payments you’ll love, with little or no cash required, no banks and no credit: I don’t care if you have a negative net worth, lousy credit and are bankrupt or are not a citizen!
In fact, let me tell you about my daughter, Vicki, who purchased a lovely 2,500-square-foot “For Sale By Owner” home in a gorgeous area of Jacksonville. Now, that’s no big deal except for a few neat little goodies she got with the deal:
- The seller financed the entire purchase price with a very small down payment.
- No one ever pulled her credit report or attempted to qualify her for anything.
- She bought the house for 70% of its market value.
- She spent very little money on fix up costs and did what little work the house needed in one weekend.
- She has no personal liability on the debt. If, for some reason, she can’t make the payments, the most she could lose would be the house, none of her personal assets.
- She can sell any time she likes and let a new buyer assume her loan…without the seller’s approval. No Banks! This will make it very easy to sell when she’s ready.
- From the time she found the house to the time she closed was only three weeks…and that was to give the seller time to move.
- The monthly payments are $100 per month less than if the bank had financed the house.
- She paid one-fourth the closing costs she would’ve paid if she had used bank financing.
My friend, for your own good, don’t even consider buying your next home without letting me show you how to do it the right way. You can do the exact same thing, get all the same benefits and live in the home of your dreams a lot quicker than you think…regardless of your financial condition.
I can show you how to make a darn good living in real estate even if you’ve filed bankruptcy or you’re not a citizen. It’s just not important when you know the secrets.
It’s all legal and moral, and you’ll be providing a service to your sellers and buyers that will make you look like a hero. In fact, you’ll even be helping out banks by saving sellers from foreclosure. Everyone wins. No one loses.
Take a look at the deal students, Kimberlee and Larry Frank, came up with…
“It got cold in Michigan, so we moved to Orlando, FL last year. Now we can go back and forth from Sunny Florida to our Waterfront Vacation Home on Lake Huron in Michigan that we took “subject to” with a whopping $250.00 down. That’s right $250.00 for a beautiful Lakefront home taken “subject to” just like you taught us. Here are the numbers: the after repaired value is $250,000, repairs $2,000 (paint and new light fixtures) taken “subject to” for $158,900.
Seller had 3 house payments and was very motivated. Sounds like $90,000 worth of equity to me, Ron, and a vacation home we can pass on to our kids. Thanks, Ron. No credit checks or guaranteeing the debt. Simple, just like you taught us. Every home we have purchased was no money down, very little down or they paid us to take the house, just like you taught us. When you see the view, Ron, it’s like living on the ocean, except it is fresh water and they have fish there too.
If people would just listen to more of Ron instead of the Morons, they would learn. We sound like you, Ron, the more of your words that come out of our mouths the more money, we make. Can you imagine that? We would advise anyone who wants to get into real estate investing to get Ron’s training as fast as you can. Beg, borrow or steal the money, nope, forget the stealing part, just get the training as fast as you can before Ron decides to retire and go fishing forever. Thanks again, Ron, for taking the time to share your life with others.”
There are a lot more details I can go into here, details about which I’ve written and taught extensively. Once you get into this System, you’ll be able to go out and find beautiful homes located in great neighborhoods, houses that the owners are having problems selling, and solve their problems! It’s a terrific feeling to make somebody happy while you’re making several paydays and putting thousands into the bank. But there’s another advantage. This business works everywhere and it’s the best time I’ve seen in 30 years to be in it.
Are you sure going back to work tomorrow is the best thing you can do for your family? Think about it! There’s simply no reason to put off your financial success any longer.
Quick Start Real Estate School By Ron Legrand
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