Video 2 of 3 - See Where 90% of My Real Estate Income Comes From! 

I tell everyone that comes on this comment section, Ron to me is the most trusted of all the investors, coaches, etc on RU-vid, b4 videos came out, we read books, listened to CD's, I read Ron's Ugly Houses book, he said, you want the house so disgusting, your wife won't walk in, I found that house, I was so broke, I did some curb appeal cleaning, this was going to be a divorce sale, cleaning 2 days, I day to find a cash buyer from an ad, he came, and made a deal with seller, $9k fee, for 3 days work, thank you Ron. That was 2004, I used his VA system for a.month I ran out of money, but they were on the ball, they sent me leads but couldn't close them. 2020 I'm going for broke and pay for his VA's again. Ron doesn't know me, I m just grateful for him.

I went to all three of his programs. The one thing I'll never forget is when he said "If your not embarrassed by the offer, your offering to much." :-)

For years I've done the cash business in addition to my full time job and avoided the pretty house business. After viewing this video and number 3, I decided to switch to the pretty house business as the cash business was not working well enough and I like the idea of working the high end market and make the big bucks so I can retire soon comfortably. I'm located in a very cash oriented market with a lot of cash buyers and investors all saying the same thing. I've run cash buyer craig's list ads before with response only from other investors or agents, never an owner. All my deals I had to find on my own which takes too much time. So I revamped my website getting off cash buying and saying I pay full price not a low ball wholesale price, a fair market price, any price range etc. and posted a new Craig's list ad with those changes. Within a few days I got a lead today thru my website, but probably as a result of my ad, from an owner, not on the mls for a house worth about 450K. It's 25 miles away and doesn't look that good. The value is low for the areas I really want work which can get up to multi million $ on the gulf coast houses. I'll just send the lead to a cash buyer. But I'm stoked and know I made the right decision to switch over. I don't think anyone around here is doing this in the higher price ranges. I can pick and choose the houses I want to work with and target those areas. I'm gonna sign up Ron. Thank you.

It's great rewatching this after learning doing in depth studying. It all really falls together!

This video was very help ive been in the wholesale biz for 6 months now after taking a break from kirby vac sales

Mr. Ron....i love you sir. im moving to florida on the 16 of march. I will make a stop in Jacksonville to purchase your cost even if i have to pay the full price. I am in the insurance business at present but i am going to get a florida realtor liscense online next week. Thank you so much.

Ron you are THE MAN!!!

I'm glad I tuned in to your program.

I Love your story Mr. LeGrand.

Thank you for the great information. I do believe you need to work on your redaction techniques as I can see all of the critical information for the person which you didn't want made known. Outside of that I learned a lot from this video. Thank you again.

I'm from 2019, Cris Chico sent me here. How is this neat strategy working right now? 🤔 1$ course offer is still working btw.

HEY RON... CAN YOU PLEASE ANSWER THE QUESTION BELOW? I WAS WONDERING THE SAME THING.dreamingcode1 year ago (edited)If a tenant makes a down payment on a house I'm sure they expect it to be applied to the remaining balance. So how are you able to walk away with their down payment? Are you raising the sale price once you find the prospective tenant? If so why would they pay above the Comps? A bank wont loan them more than the house is worth.

Great Information, Very Helpful.....

You can see through the black sharpie marker on that form, may want to use white out in the future.

How do you explain to a seller what a lease purchase is without saying too much to confuse them. Most people don't like making decisions when they feel like they don't understand.. Thanks in advance!!

I am woman on social security and I was wondering how much per month the Gold Club fee is? I am very short of money but I'm sick and tired of being poor!!!

Okay, let's say I acquire terms with a seller with owner financing. He agrees to sell it for $200,000.. $10,000 down, and $1,000 a month, bringing it to $190,000. I turn around and find a buyer willing to pay a total of $230,000.. $15,000 down, $1500 a month. It goes smoothly for, let's say 4 years and the new buyer can't pay the $1,500 anymore. If I'm having a hard time finding a brand new buyer, What happens with my contract with the original seller and his $1,000 if I'm no longer collecting my $1,500? (Hopefully this made sense)

Hi Ron, I love your videos, but I have a question for you, before I get into my question I want to tell you that I lived in the USA more than 40 years, now I am in Lima, Peru. My question is now that I live in Peru and I don't know for how long, can I get into real state business as you explain in your videos from where I am?.

Hey Ron I've got a question I didn't see asked. You mentioned the owner had to sign off on the assignment. What is the benefit to him to do so?

when the buyer takes a mortgage they agree that if the property changes names the bank calls the mortgage ,even if its being paid

Hi Ron, Great stuff by the way. But where can I download your scripts?

Good Evening Ron, I appreciate your information which is very awesome, My Questions are this I see several house in the areas that I'm in should I contact the seller and see exactly what they would like to do and after I would need to pull a Lead / Property lead and send it over to you correct ??? I need to talk to you...

First, love your video, actually love all your videos. I did have a question though. I had thought that when a tennant makes a down payment for a property, with a lease and option to buy, the down payment gets held by the seller and applied to the purchase price and used as the future loans down payment, when the tennant actually gets his loan to purchase. However, if you take the down payment and spend it, it seems the tennant will have to make another down payment later when he gets his loan. I don't think they will get approved for a loan without another significant down payment. Or am I missing something on this?

In the lead/property sheet example you gave, is it the owner of the property who wants to sell it because he cant afford to make mortgage payments once the renter moves out?

How would you collect your assignment fee if there isn't a closing for a lease option? Let's say if the seller wants 10k Down. I would go find a buyer and assign the contract for 15k, would I just collect the 15 and pay the seller? Trying to clear up the little details. Thank you Ron!

I think we are forgetting that the seller might have some terms and a contract of his own that might interfere with our contract

what do you mean by you got a release signed from the seller? Don't you just assign the ACTS deals to the tenant/buyer and move on?

This down payment is paid by the tenant like in your example the house price was $270k Lease Purchase so if the tenant gave you the $10k, the seller of the house only receives 260k?

Did this program work for anyone? Did anyone have any success ?? If so how was your experience?

Are these lessons and info still valid and do they still work the same now, at the end of 2019?

Hello... I don't see the scripts for download "down below" ??

At what point do you need a real estate license??

you cant take over payments ,due on sale clause ,when the bank finds out it changed owners the mortgage is due in full ,or the bank will foreclose

I am a 20 year old college student living in a small town in Texas, i am broke student. Been homeless 4 times and i just want a good passive income with freedom and security i think property is the best thing for me but i am ignorant to the business and im frustrated because it is so confusing especially when you have no money, i want to turn 2017 in a good financial year so i can make mama proud. Pls help.

How are you getting first month's rent and keeping it? Doesn't then the tenant buyer expect to not pay first month's rent when they move in?

Hello Ron I have a question I'm very much intrested in the wholesale but what I would like to know is would I have to buy theses properties right or not in order to make money and to send an offer to a realtor?

I am fascinated after seeing your first video. However, I realized that the terms that you use and the way the transactions done there in the US are so very different from what we have here in India. Can you maybe point me to a source of knowledge that is more apt for our markets. I am a newbie. In fact I am something of a Col.Sanders (I hope I got his designation right, in short the KFC guy) I have lived the corporate life, been a boxing coach, had three failed businesses and now I am in the real estate business. I am a real estate broker - applying for the newly introduced RERA here in India. Sorry to bother you with all these seemingly unnecessary details). Thanks.

Ron can you refer Real Estate Attorney's who will close a "Subject To" transaction with pretty and Ugly Houses in Northern New Jersey?

Is all of this applicable/doable in California?

Please explain how you get to keep the first months rent, that's the only part I don't really understand. Thanks Ron! Love the videos.

Where/how does the loan for $230k loan work into the deal? Not seeing where it came from.

sound stuff, like shoeing horses today in any big city USA ~

Hi Ron. On the lease option example you say you have no more responsibility to the house after you get your down payment and 1st months rent. But, what happens after the 5 year term is up? And does rent payment go to you and then you pay the seller, or do they pay the seller directly?

Hi! Has anyone downloaded the contracts that Ron mentions in the videos? I would like to check those contracts before closing my first deal. Can someboy please either give me the link to download them or send them to me? thank you very much!

the part im not understanding is whos the one paying you the 10-15k when you put someone in the house to make those monthly payments? the area seems left out to me.

Can you keep these 3 podcast until get your CD's please?

Where can I find the course or sign up. I need your mentorship

HI Ron, Can you tell me why on this deal(the one in Video 2 of 3, "See Where 90% of My Real Estate Income Comes From!") you HAD to give the seller $7,500 of your $15,000 option fee?

Just a question Ron, not sure if i understand, if a lease option is typically favorable to those who have bad credit, and or have a hard time coming up with a down payment. Why would they pay a $10,000 fee plus 1st month rent to you to take over your position for the lease option? If I got this all wrong please explain.

Ron great info however I want to see my local real estate attorney and I asked him about owner financing and he said ever since the Dodd Frank Act owner financing is hard to come by now. Would you agree?

Hey Ron, Would these techniques work in foreign markets? UK, Europe, Asia etc?

Do I need any type of license ...?

How much do you usually offer in relation to the list price that gets 1/12 acceptance?

i didn't see the script download.

were can i get these scripts?

The Legality of Sandwich Lease Options ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-cHLYxQfBXRM.html Real Estate Option Contract Basics ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-pbqEFVlN3T4.html

Massive ad for his gold club

Where is link to scripts

Hi Ron. Is this course open to UK residents? Your website form is not accepting my mobile phone number. What do you recommend?

what about if the asking is 60000 more than the ARV. But it is free and clear.

Does this really have to be with FSBO? Why not do this through a realtor if the seller has already listed it?

Hi Ron , how could I get script download

at what point do you find out how much they actually owe?

Hey Ron, I actually wanted to purchase your program but it also have in the fine print a $59 monthly fee.

Do you tell the tenant buyer that the $15,000 is a down payment?

If a tenant makes a down payment on a house I'm sure they expect it to be applied to the remaining balance. So how are you able to walk away with their down payment? Are you raising the sale price once you find the prospective tenant? If so why would they pay above the Comps? A bank wont loan them more than the house is worth.

What qualifications or licenses do I need to begin doing something like this?

Great info, I was just wondering how I can get a va

Can anyone please point me to where the Lead/Property Information Worksheet is in the Gold Club Website under Resources? One I saw in the Manual pdf file doesn't contain the one shown in the youtube which has more detailed having all the If Yes, If no responses.

I can't find Part 1 to this? Does anyone have the link please?

I like the ideas. I don't like a recurring $59 per month subscription price.

👍

were are the scripts there not here

Can you post the scripts in the description box again?

You have to be a licensed Realtor in Florida to do lease/options ... 3rd degree felony if you get caught

This is snake oil

Mr. Ron....i love you sir. im moving to florida on the 16 of march. I will make a stop in Jacksonville to purchase your cost even if i have to pay the full price. I am in the insurance business at present but i am going to get a florida realtor liscense online next week. Thank you so much.