here’s everything you should have receivedwill you sell the house for what you owe on it? yes no...
TRANSCRIPT
Here’s everything you should have received
• Prescreening Scripts
• Purchase and Sale Agreement
• Lease Option Agreement
• IVR Script
• Link to Live Seller Calls with Ron
• List of Lesson’s on Gold Club Website
• Testimonial Letters
• Property Information Sheet
• PATLive Order Form
• VA Order Form
• Agreements Video
RonLeGrand.com/Simulcast
Password: nextcheck
I’ll be referring to your
manual you should have
printed.
Questions
Submit as you like!
There are 500 people
online, I will not get to
answer all.
You will never use your credit
and if you ever use your
money, it won’t be much.
You can create a six figure side business or a new career working less than 5 hours per week or one person on your staff or virtual assistants can run the entire business.
What We’ll Cover
• The fastest way to make money
in Real Estate today with no
money or credit, on beautiful
homes all around you, and…
• How to build a big monthly
residual income and retirement
with no risk.
Who is Ron LeGrand?
• Over 3000 houses in 34 years
• Commercial projects in 9 states
• 10 businesses currently
• Trains the trainer
• Spoken for the biggest and best
• The Godfather
It All Started With A Washing Machine
® Ron LeGrand
Your Job…
MAKE DECISIONS
2 Fastest Checks
• Wholesaling – Cash Business
• Deposits and Down Payments –
Terms Business
But Ron!
Where’s The Big
Checks In Houses
Today?
The Fastest Way to
Get a Large Check
Without using Your
Money or Credit Is…..
A Down Payment Or
Deposit On a Higher
Priced House
Lets look at a business
where credit is never
needed.
The Key
No Terms-No Deal
3 Kinds of Terms to Buy
• Lease Option
• Owner Financing
• Get The Deed-Subject To
So Let’s Focus On Making…
• Money Now
• Money Monthly
• Money Later
All on the same house
I Call Them
Golden Geese
They keep laying golden eggs
Unlike wholesaling and
retailing…
The Goose Is Dead
2 Categories
• Debt With Some Equity (66%)
• Free And Clear (34%)
Recent Ron Deal
• ARV $385,000
• Loan $351,000
• Payment $1,925 PITI
I took over the loan. Seller
got no money.
My EXIT I Leased Optioned
$395,000
50,000 Deposit
2,500 Mo. 2 yrs
I Just Made
$50,000 In A Few
Days
Plus $575 A Month
For As Long As I’m In
The Deal
2 Year Profit Recap
• $50,000 Original Down
• $13,800 Monthly Cash Flow (2 years)
• $5,000 Back end cash
$66,800 Net Profit On A House With $34,000 In Equity
On a house I got
for free
• No Money
• No Credit
• No Risk
• No Repair
• No Banks
• No Realtors
• No Short Sales
And If The Tenant Moves Out I Collect Another big deposit
Later.
And Do It Again
Plus, All Responsibility For
100% Of The Repairs Is
Passed On To The Buyer
And
I Get To Depreciate It
And Pay Taxes On Long Term
Capital Gains
These types of deals are 66%
of all houses for sale.
They are everywhere
How many $50,000
paychecks will you need
per year to be out of
work and free?
ARV $230,000Loan $154,000Payments $ 1,400
Repairs $ 25,000
I Bought Subject to
Brought Pmts current $4,200
Closing Costs $2,500
Fixed Rotten Eves $1,800
$8,500
EXIT
Sold $199,000 as is owner fin.
$1600 month
Down $30,000
Less $8,500
$21,500 Net plus $200 mo.
What if the seller wants full
price?
Give It To Them
If They Give You
Terms
Oregon
Asking $699,000
L/O Deposit $ 7,000
Contingent Upon Finding a Buyer
She Subleased it for
$744,000
$50,000 Deposit
- $7,000 Seller
$43,000 Net
That’s Called
ACTS
Assignment of Contracts
and Terms
Lesson 147
Did You Know Real
Estate Deals Can Be
Done In Your ROTH
IRA?
And You Never Pay
Taxes
It’s Not About Your
contribution.
There’s No Limit How
Much Your IRA Can
Earn.
C.E.S.A.Coverdell Education Savings Account
Educate Your Children
For FREE
Birth To Age 30
But Ron!
How many sellers will
actually take Terms
over a cash out?
Here’s our national average
from our VA Dept.
31% Say Yes
5% - 10% Mean it
So, how do I find these
deals?
First, you’ll need a service
to take live calls – 24 hours.
PatLive.com/RonLeGrand
Then you’ll need a sample
script to give PatLive.
Information FormFor PATLive
Youmust tell them how youwant the phone answered
Date of Lead: 5/30 3:43:34 PM
Name: Wayne Nguyen
Hello. John and Donna are out at the moment. They asked me to get your name and
number and John will get back with you shortly, ok?
Doyou have a house for sale?
Yes.
CellNumber:
N/A
What’s the address?
18 Street, Chandler, AZ 85230
What is thebesttimetoreachyou?
Here’s How We Find Deals
1. Call FSBO Ads
2. Run Ads
3. Call FSBO Signs
4. Yellow Letters
5. Gold Club Daily Deal
6. Website
It All
Starts
Here
See
Lesson 74
Lead/Property Information Sheet
Client/Student ____________________________________
Date __________________________ Owner’s Name ______________________________________________
Source ___________________________ Cell Phone ______________________ Evening ____________________
Address ___________________________ Asking Price ________________________________________________
City __________________ State_______ What do you think it would appraise for? _________________________
Area of town ______________________ Your comps __________________ Rent comps ____________________ (Zesimate from Zillow)
Description:
Bed/Bath: ________________ Square Feet: __________________ Lot Size: ________________
Construction: Frame Brick Block Stucco Other___________________________________
Garage: 0 1 2 Carport Basement Refrigerator Range Dishwasher
Is it House Condo? Association fee $ ______________ Month Year
Notes:______________________________________________________________________________________________________________________________
_____________________________________________________________________________________________________________________________________
_____________________________________________________________________________________________________________________________________
_____________________________________________________________________________________________________________________________________
Existing Mortgage Information (must have)
1st - $______________ Lender ____________________________________ __________% Pmt _____________
2nd
- $_____________ Lender ____________________________________ __________% Pmt _____________
Is Payment PITI Yes No Current? Yes No If NO – $ __________________ in Arrears
If asking price and loan
balance are within
$35,000:
Will you sell the house for
what you owe on it?
Yes No (circle one)
If No – If we take
over your debt and pay all
closing costs, what’s the
least you could accept for
your equity? $ _________
YES – OK, I’ll have
my boss call to set an
appointment. What’s the
best time? ____________
If the house has a Mortgage and over
$35,000 equity or A is a no: If we can agree on a price and we accept all
responsibility for future repairs would you
consider a lease purchase? Yes No (circle one)
YES – OK, I’ll have my boss call to discuss
terms. When is the best time? _______
(get info below)
NO – So you’re saying if you don’t get full
price and all cash you won’t sell? Yes No
(circle one)
YES – OK, I understand but that wouldn’t
make sense for us. Thanks (stop here)
NO – OK, I’ll have my boss call to discuss
several ways he can buy your home. What’s the
best time to call? ___________ (get info below)
If the house is Free & Clear:
If Yes – Will you consider taking monthly
payments for your equity? Yes No (circle one)
If No – Would you consider a lease purchase
making us responsible for all repairs? Yes No
(circle one)
YES – I’ll have my boss call to discuss terms.
When is the best time?________(get info below)
NO – So you’re saying if you don’t get full price
and all cash you won’t sell? Yes No (circle one)
YES – OK, I understand but that wouldn’t
make sense for us. Thanks (stop here)
NO – OK, I’ll have my boss call to discuss
several ways he can buy your home. What’s the
best time to call? ____________ (get info below)
How did you arrive at your asking price? ________________________ Reason for selling? _________________________
Does it need repairs? Yes No Approximate amt $ ___________ Vacant Occupied
When do you want to move? ______________ Is the house listed? Yes No
Down $ __________
Month $ __________
Term ____________
Our Inexpensive
Virtual Assistant
Can Provided You
With 10-20 Every
Week
We Can Provide
you with the
Virtual Assistant
See Lesson 133
Call FSBO Ads!
Our VA’s will find and
complete the Property
Info Sheet so you can
call them.
Mortgage Script - Page 13
Run FSBO Ads
Our VA’s will run them
for you on multiple sites
and update as needed
See page 14 in your Manual for Ad
FSBO Signs
If you take a photo of
the sign, our VA’s will
call them for you. This is
one of the highest
quality leads.
Yellow Letter
See lesson 136 on the
Gold Club membership
site.
Then contact
YellowLetterLady.com
See Lesson 12
Gold Club Daily Feed
Members get FSBO leads
by email almost every day.
Website
We’ll build you a site as
part of your Gold Elite
level membership,
$297/mo.
Includes:
• Website
• CRM that runs your business,
processes and generates leads,
analysis, task management and a
lot more
• Buyers list database
• Texting and email automation
Our VA’s can:• Source Leads
• Call FSBO properties to obtain lead sheets
• Post ads
• Maintain/Update websites
• Create flyers
• Create buyer’s list
• Screen buyer and seller prospects
• Obtain comps for properties
• Check voicemail and email
• Set up appointments
• Text blast through Call Fire and email blast
through Constant Contact
See Lesson 133
See pages
16-17
There is a One
Time Only $500
Set Up Fee
Once the property sheet is
filled out, the next step is
call the sellers and read the
script.
See pages 18-20
See Lesson 74
Make Appointment
The goal is to ask questions
about what terms seller may
entertain and the answers will
determine if you want an
appointment.
See page 21
You’ll Have 3 Types of
Terms Sellers
1. Will do Terms but
unreasonable
No Go
Dead Deal
See Lesson 9 / 149
2. Will do Terms but not attractive
enough for you to close before
finding a buyer.
Example
ARV 300k
ASK 300k
Down 20k
Pmt. 1500/month
This is not a Dead
Deal.
It’s a Potential
ACTS Deal.
You can contract to buy
with owner financing or
lease purchase at sellers
asking price and
Terms…..under one
condition
The Seller is fully aware
you will not close until
you find a buyer suitable
to you.
Remember Kirsti’s Deal?
Your Goal
Sell for $315K
Down $35K
Assign contract to seller
and keep the 15K
See Lesson 147
3. The Holy Grail – Golden Geese
• Good Price
• Little or No Down
• Low Payment
• Long Term
Example
• ARV $385,000
• Loan $351,000
• Payment $1,925 PITI
I took over the loan. Seller
got no money.
If you like the Terms
offered by the seller the
next step is to make an
appointment
Visiting House
• See house
• Answer questions
• Finish negotiations
• Get agreement
Avoid diarrhea of the mouth.
Let’s practice.
See Lesson 169
Only 2 Agreements to Buy
Only 1 Per Deal
• Lease Option – page 26
• Purchase and Sale
See Gold Club lessons 15,146 and 163
and agreement videos you received.
Next Step
• Check Title
Page 36
Let Me Help You
Shave 10 Years Off
Your Learning Curve
Get A Fast Start And
A Check Quickly
4 Options
• Home Study Course
• Live 4 Day Training
• 6 Months One on One
Personal Mentoring
• All the Above
Option 1We’ll ship you
Cash Flow Systems
Cost $1997
800-567-6128
90 Day Hotline
5 Days A Week
Call Or Email
$997 ValueNo cost to you
Rebate Certificate
“Yea, though I walk through the valley of
the shadow of death, I will fear no evil.”
You need never feel alone or thrown to the dogs!
“…At the end of it all I
received a check for
$125,000, thanks to Dan Pitts
and Global Publishing Inc. I
was able to close this deal!”
Option 2
You Will Learn
The Art of Wholesaling
Step by Step In Great
Detail and Get All The
Tools You Need
The ACTS System In Its
Entirety With Forms,
Agreements And
Scripts for Buying And
Selling
How To Buy Pretty
Houses And Take Over
Debt Subject To, Get
Thousands in Free
Equity With No Cash,
Credit, Or Costly
Entanglements
How To Quickly
Prescreen Free And
Clear Houses, Structure
Owner Financing To
Create Huge Up Front
Profits And Cash Flow
Live calls to sellers—bring
deals. We’ll coach you
before you arrive and
prepare you to bring good
prospects we’ll call in
class and one on one.
Go Home With Appointments
Bus trip to bank owned houses
We’ll make real offers on
real houses both pretty
and ugly and do deals
while you participate
Deal A Thon
Selling houses fast on
auto pilot
A Full Day
Devoted To
Selling Ron's
Way
No Charge
• Parent
• Child
• Spouse
• Significant other
• Partner or employee
$500 Additional Guest In
The Above Group
Free Return Visit
First Year As Often
As You Like
180 Days of
Helpline Service
$500 To Return After
The First Year
Alumni Meeting
• 2 Days with Ron in Jax
Monthly
Conference Calls
Grads Only
Your Cost
Quick Start School
Financed $4495
Paid In Full $3995
Includes Option 1
Option 3
6 Months Personal Mentoring
• 30 minute weekly session
• Available when needed
• Will call some sellers for you
• On standby when you’re at home
We’ll force you to get paid
during your 6 months.
All mentors are pros and
selected by me.
15 max clients
Your Cost
6 months Mentoring
Financed $14,995
Paid In Full $13,495
800-567-6128
Option 4
The Best DealAll of the above
Separately
Option 1 & 2 $4,495
Option 3 $14,995
$19,490
Option 4
Today OnlyGet Everything
$16,995 Financed
$15,295 Paid In Full
Save $2495
800-567-6128
You’ll receive credit if you
have current cash flow
systems.
10 Hours
FREE VA Service
Option 2, 3 or 4
• In house financing – 0 interest
• Apply for $10,000 credit line – 0 interest
• Credit card
• Check or bank draft
800-567-6128RonLeGrand.com/HelpCard
Financing
• 30 Minute Session
with Ron
• Business Management
Boot Camp
• VA Set Up
• 10 Hours VA
Today’s Free Bonuses
Option 2 Option 3 Option 4 Value
?
$2995
$500
$2995
$3705
Call Within 60 Minutes
Option 1 $1797 $1997 $500
Option 2 $3995 $4495 $1500
Option 3 $13,495 $14,995 $2000
Option 4 (all) $15,295 $16,995 $3000
800-567-6128
Recap
Full Pay Financed Down
Tax Deductible
Let Uncle Help
Pay For Your
Training
You may use your IRA
If you call
800-567-6128
within the next 60 minutes and
order Option 3 or 4
But Wait…
There’s More
• Business Management Boot Camp
$2995 value
• Set up fee VA $500
• And 10 hours VA $210
$3705 value
Plus…
I’ll Thrown In…
90 Day Consulting With Me.
I’ll sign certificate.
With Option 2, 3 or 4
That’s $3705 in FREE gifts if
you call
800-567-6128
within the next 60 minutes and
a chance to work with me
personally on the first 20
orders.
You’re not obligated to buy
anything.
Let us help you decide where
you should start.
800-567-6128
After the Break
Selling Houses Fast
Step by Step
800-567-6128
Option 1 $1797 $1997 $500
Option 2 $3995 $4495 $1500
Option 3 $13,495 $14,995 $2000
Option 4 (all) $15,295 $16,995 $3000
800-567-6128
Recap
Full Pay Financed Down
So why are these houses
so easy to sell?
A house with TERMS is 10 times easier to sell than an all cash
deal
Make it easy to buy and it becomes easy to sell.
- Ron LeGrand
See Lesson 27
See Page 42
Ad to Sell with Terms
• Unique Selling Propositions (USP)
• Bed/Bath/SF
• Phone - URL
See Page 38
•Buyers Call IVR
•VA Remove info and add
to buyers list
•You or VA call buyers
with big down payments
and sends to house.
Prescreening Buyers
• Must have money
• Don’t need credit
• Income to support rent
See Lesson 28,48
Page 44
Use my script
See page 45 and 46
If you like what you hear
(enough money)
get their application.
page 48
After buyer sees and likes
the house, send their
application to
screenthetenant.com
For $50, you’ll get:
• Background check
• Criminal check
• Debt to income ratio
• Credit report review
• Megan’s Law Search
Then you’ll decide if it’s a go.
Set the meeting.
page 51
At the meeting, set the
closing date and time.
Call your attorney
See Lesson 29
Send attorney my L/O
agreement and the facts to fill
in the blanks.
page 53 and 63
Go to closing, sit quietly, wait
for your check.
Don’t scream until after the
buyer has left.
You have 60 minutes to
make a life changing decision
and get $3495 in free stuff
and my personal help
for 90 days.
Remember
• We can finance
• Start where you like
• You may use your IRA
800-567-6128
Go to
RonLeGrand.com/Students
and see what’s happened to
so many others who joined
the movement before you.
We’ll email you these slides
tomorrow.
• 30 Minute Session
with Ron
• Business Management
Boot Camp
• VA Set Up
• 10 Hours VA
Today’s Free BonusesOption 2 Option 3 Option 4 Value
?
$2995
$500
$2995
$3705
Call Within 60 Minutes
RecapOption 1 – Pay in Full $1797
Financed $1997
• Cash Flow Home Study System
• 90 Day Hotline
Option 3 – Pay in Full $13,495
Financed $14,995
• 6 Months Personal Mentoring
– Available when needed
– Will call some sellers for you
– On standby when you’re at home
Option 2 – Pay in Full $3995
Financed $4495
• 4 Day Live Training with Ron
• 180 Days of Hotline
• Alumni Meeting in Jax with Ron
• Monthly Conference Calls
• Includes Option 1
Option 4 – Pay in Full $15,295
Financed $16,995
• THE BEST DEAL – Today only
– Option 1
– Option 2
– Option 3
800-567-6128