Ron LeGrand’s
1 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…
2 • How to build a big monthly residual income and retirement with no risk, and…
3 • Operate your business without raising money, banks, large overhead, employees, or other costly entanglements.
4 How anyone can get a $20,000 check within 60 days • No Money • No Credit • No License • No Experience
5 How would your life change if we could add $20,000 a month to your current income…. working part time?
6 Questions
Submit during class and I’ll answer
7 You may download all my PowerPoints at the end... And my new Million Dollar Script
8 I’ll be offering you 2 options for further training.
9 Who is Ron LeGrand? • Over 3000 houses in 36 years • Commercial projects in 9 states • 6 businesses currently • Trains the trainer • Spoken for the biggest and best • The Godfather 10 But that’s not how I started, and it took over 20 years for me to figure out how to make the easy money and focus on Low Hanging Fruit
11 It all started with a washing machine.
12 After 52 years, Beverly gets a new washing machine anytime she wants.
13 There are several ways to make money in real estate and I teach them all.
14 Wholesaling used to be the fastest way to get a check.
Find a bargain and flip it.
15 The Problem
• Deals from MLS • Proof of funds • Non refundable deposit • Lots of competition • Slave to banks and Realtors
16 The Problem
• Must make many offers to get one accepted • Must close in the name on the contract • Small profits
17 Wholesaling is still valid if… You find FSBO’s and stop chasing listed houses.
18 Rehabbing & Retailing
• Has always been a big profit center and will continue to be.
I’ve done hundreds
19 Problems
• All the wholesaling issues PLUS… • Raising Capital • Contractors
20 Problems • Picky buyers • Killer appraisals • Tough lending requirements • Cost and time overruns takes months • Home inspections
21 The fastest and safest way to get a check today is in the
Pretty House Business
Not bank repos.
22 You will never use your credit in the Pretty House business and if you ever use money, it won’t be much.
23 Using credit is the Biggest Mistake You can make as a real estate investor.
24 You Risk
• Your Credit • Your Assets • Your Marriage
25 Not Allowed on Planet Ron
26 Lets look at a business where credit is never needed.
27 The Key
No Terms-No Deal
28 3 Kinds of Terms • Lease Purchase • Owner Financing • Get The Deed-Subject To
29 Big Immediate Profit Center
Non refundable option deposits when selling with lease option.
30 31 So Let’s Focus On Making… • Money Now • Money Monthly • Money Later
All on the same house
32 I Call Them Golden Geese
They keep laying golden eggs 33 Unlike wholesaling and retailing where .…..
34 The Goose Is Dead The Day you Sell
And you pay maximum taxes
35 Very little of your time is required.
Today 90% of the work is done by Virtual Assistants and Outsourcing Companies
36 Your Job…
MAKE DECISIONS
37 ® Ron LeGrand
38 39 3 Types of Houses
• Over Leveraged (11%) • Debt With Some Equity (55%) • Free And Clear (34%)
40 Recent Ron Deal
41 • ARV $225,000 • Loan $182,000 – 24 yrs. left • Payment $1,282 PITI • Asking $182,000 loan amount No Repairs
42 My EXIT Sold L/O $229,000 Option Deposit $ 20,000 Rent to me $ 1,700/month Term – 2 years
43 I Made (so far) • $20,000 in 12 days • $420 a month • $28,000 equity
44 On a house I got for free • No Money • No Credit • No Risk • No Repair • No Banks • No Realtors • No Short Sales
45 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.
Yes, It’s Legal
46 How many $20,000 paychecks will you need to be out of work and free?
47 Poor Condition
ARV $ 225,000 Loan $154,000 Repairs $ 25,000 Payment $ 1,382 (Behind 2 - $2,764)
48 I took over the sellers debt and made up the payments. Total cash in the deal including closing costs, $4,000.
49 My EXIT L/O As Is $199,000 Work For Equity (2 Years) Option Deposit $ 30,000 Balance owed me $169,900 Balance I owe $154,000 Rent $ 1,500 a month 18 days to lease 50 I Made $30,000 - $4,000 = $26,000 in 18 days I never touched the house. Buyer does 100% of the repairs.
Plus $118 a month
51 What if the seller wants full price, a bigger down payment and a higher monthly payment?
52 Kirsti in Oregon
Asking $699,000 L/O Deposit $ 7,000
Contingent Upon Finding a Buyer
53 She Subleased it for $744,000
$50,000 Deposit -$7,000 Seller $43,000 Net It took 3 months 54 Then Assigned Her Contract With The Buyer Back To The Seller And She’s Out Of The Deal
55 The seller got full value with no commission and a monthly payment until cashed out.
Risk $100
56 She raised the price to cover her compensation.
It’s all built into the scripts in the new system.
57 That’s called ACTS
Assignment of Contracts and Terms System
58 ACTS is only a way to get a check if you can’t keep the goose alive.
But, there’s nothing wrong with checks.
59 Your Attorney Closes And Does All The Paperwork And Your Buyer Pays His Fee
60 No money needed
61 No risk
62 No costly entanglements
63 But Ron!
How many sellers will actually take Terms over a cash out?
64 Here’s our national average from our VA Dept.
31%
65 It All Starts Here
66 67 An Inexpensive Virtual Assistant Provides You With Leads Every Week
We’ll provide you the VA
68 Information about our VA Service will be included in your system or you can call our office to inquire.
904-262-0491 M-F 9:00am – 5:00pm ET RonsVA.com
For a couple hundred a month they will replace an employee. I use the same VA’s. 69 Let’s suppose you want to replace a $80,000 job
70 That’s 4 deals a year with $20,000 minimum up front profit. Excluding monthly cash flow and free equity.
71 I do 2-3 deals a month.
Can you do 4 a year?
72 Dan Knowles
Dear Ron,
I attended your Quick Start Real Estate School in New Jersey. I was a broke real estate agent at the time. With your help and ideas, I was able to close my first investor deal, and I walked away with $30,000. I almost passed out at the closing table when the title clerk handed me my check.
I also received a $3,700 real estate check paid to my broker. Not a bad deal, $33,700 on one house. I cannot thank you enough, Ron! You changed my life, and I thank you every $100 bill I count!
Thanks! Dan Knowles Burlington, New Jersey
73 Matt Harder San Diego, CA
74 Jon Kubas Houston, TX
“In less than 30 days, I had a property under contract with only $100.00 as earnest money.”
75 Andrew Reynolds Tyler, TX
Thought I would send a copy of a check I picked up last month.
This property was obtained with a yellow letter for $53k. We spent $12k on repairs. Sold it for $99k on a lease to own with $10k down. After running the numbers we made almost $35k.
Couldn't have done it without the education I received from Ron Legrand. Thanks again Ron!
76 Chad & John Stoll Douglas, MA
It really happened! I put the house under contract and sold it in one day! Purchase price $174,000 Sales Price $198,000 Option Fee $10,000 Cash Flow per month $700 for two years Total Pay Out: $40,800.00!!!!!
77 Todd Foster & Alecia Phillips - Burnsville, MN
Purchase Side: 4-year Lease/Option with an optional extension of 2 years Our payment to Seller = $923 Option to Purchase = Loan balance at time of option exercise + $20,000 (Current loan balance ~$118,000) Option Deposit = $0
Sale Side 18-Month Lease/Option period Monthly Rent = $1,175 Purchase Price = $174,900 Option Deposit = $6,000 Total ($3,000 of which has been received, and an additional $3K to be collected at $200/month for next 15 months above the $1,195 rent payment)
Profit: Total Option Deposit = $6,000 ($3,000 at closing and an additional $200/month for next 15 months) Monthly Cash Flow = $252 / month for 18 months Purchase price difference (estimated) = $30,900 ($174,900 - $6k deposit – current value of option $138k) Plus our 1st payment to the seller doesn’t start till May 10th, so we pocketed the entire 1st month rent of $1,195 from our Tenant Buyer. We figure the total profit would be over $36,628 if they when we are cashed out, but that number will get larger since it doesn’t take the mortgage buy down we are receiving into account.
78 Our Seller Leads Come From • VA’s searching online • FSBO signs in front of houses • Free online ads • Daily inbox from our Gold Club
RonsGoldClub.com 79 All incoming calls from sellers go to
PatLive.com/RonLeGrand
24 Hour Answering Service
80 They are then sent to you to select the ones to forward to our Virtual Assistants to call and complete the Property Information Sheet.
81 Now, you simply read the appropriate script and make an appointment.
82 83 You let the seller make you an offer by answering simple questions.
84 Yes! I even have a script to make the appointment and another if they say No to terms. It converts about one third of the No’s to Yes!
85 86 Now go to the house and get it in writing.
87 Of course the agreements you need are in my new system with completed samples and I’ve included a class where I cover all in detail.
88 There’s only 2 agreements you’ll use. One to Buy And One to Sell
Mine are simple and short.
89 So why are these houses so easy to sell?
90 91 A house with TERMS is 10 times easier to sell than an all cash deal.
92 Make it easy to buy and it becomes easy to sell. - Ron LeGrand
93 94 95 •Buyers Call PatLive
•You or VA call buyers with big down payments and sends to house and follows up the next day.
96 Yes! I even have a script to call the buyers.
97 Here’s What I Do
• Choose which sellers give me the right answers. • Choose which buyer gives me the most down payment.
Make Decisions
98 You may use your Roth IRA and grow rich TAX FREE
99 You have 2 options to learn the business from the master.
100 Option 1 Home Study System
Option 2 Live Training With Me (includes Option 1)
101 Option 1 What You’ll Learn • How to generate leads on autopilot, get sellers to make you an offer, get it in writing, sell it quickly for a $15,000 minimum profit.
102 • Then, how to repeat this process 2 or 3 times a month with very little work or time and no money or credit and…
103 How to build residual income that lasts for years and grow a flock of Golden Geese
104 105 • Agreements with Samples (No Risk Clauses) • Scripts to Buy and Sell (Special Texas Scripts) • Agreement Class • Automated Selling System • Complete Yellow Letter Training
106 What’s Included? • 14 Hours of Training • 90 Day Helpline 5 Days a Week • 2 Hours of Deal Structuring • 1 Hour of Me Calling Sellers
107 All digital so you can watch on any device and start immediately.
108 We’ll ship you the manuals so you don’t have to download and print.
109 OK Ron!
110 That Depends! If you buy it later it will be $1197
111 If You Reserve Your System Right Now, It’s Only $897 30 Minutes
112 30 Day Unconditional Guarantee
113 114 Rebate Certificate
115 116 You could say we’ll pay you to get started
117 118 Option 2
119 120 You will Learn
121 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
And Contracts 122 Bus trip to bank owned houses
123 We’ll make real offers on real houses both pretty and ugly and do deals while you participate
Deal A Thon
124 Many students go home with deals that net them many times the cost.
When’s the last time you got paid to get trained? 125 Selling houses fast in any market on auto pilot A Full Day Devoted To Selling Ron's Way
With the latest techniques and tricks
of the trade 126 Option 2 Unconditional Guarantee Cancel Within 30 Days
127 No Charge
• Parent • Child • Spouse • Significant other • Partner or employee
Any One Free
128 Tax Deductible
Let Uncle Help Pay For Your Training
129 Monthly Conference Calls
Grads Only
130 Plus… Ugly House Cash Flow System
Value $499 131 Plus…….. The Help Line Is Extended To 180 Days
132 You may return as many times as you like in the first year FREE and only $500 per return visit forever.
133 Every event is different, constantly updated, new deals, new questions & new people. The new event is not the old event.
134 Can I do deals with Option 1 only?
135 Yes, but… • We won’t call your seller and do deals for you. • No bus trip. • No training on the Ugly House Business.
136 • No Live Q&A • No Networking • NO RON
137 We know folks who attend the live training, make 350% more and have a 500% better chance of succeeding.
138 Option 1 is a good deal and meant only for those who cannot do Option 2.
139 Nothing will ever replace live, hands on training and deal structuring.
140 90 Day Consulting With Me I’ll sign certificate.
141 Let me personally help you get the $1,000 Rebate and do a deal or two even before you get to a Live Training
First 20 Only 142 Option 2 Your Cost Entire Package Webinar Discount Extra TERMS Discount Full Pay Discount
Veterans Discount
30 Minutes 800-567-6128 www.orderterms.com 143 This is a one time offer that expires in 30 minutes
800-567-6128 www.orderterms.com
144 145 Yes, it is. About 5% of your minimum first or next deal.
146 147 Answer • Age • Experience • Proven system backed by 72 employees
148 • Most of today’s guru’s are my past students!
I teach the teachers.
149 • I’ll personally teach the live training. • We’ll do deals for you while you watch.
150 • And, because I’ve made more real estate millionaires than all the other gurus… combined.
151 152 Several Options Good and Poor Credit No Interest
Call 800-567-6128
30 minutes to save $500 Must call for financing 153 But, I’m Afraid!
Afraid of what? • You won’t write big checks • You won’t borrow money • You won’t make promises you can’t keep • Attorneys will close
154 Ask about our personal mentors when you call.
155 156 Really? What’s it making you? I do 2-4 deals a month in less than 5 hours and none are worth less than $15,000 up front!
157 But… I already know how to do deals! So, how did you do last year? Are you netting 7 figures?
158 I need to think about it!
159 There’s nothing to think about or no one’s permission you need. You’re either in or out and if you can’t decide I would ask…
160 What will it be like in the real world of business when you have to make decisions?
161 If not now, when?
162 You have 30 days to cancel with no conditions.
163 You only have 30 minutes to save $500 and work with me personally for 90 days.
164 Recap Option 1 - Good Deal • New TERMS System $1,497 • 90 Day Helpline $ 497 • $1000 Rebate Certificate $1,000 • $500 Upgrade Certificate $ 500 • $500 Discount $ 500
Value $3994 Cost $897
30 Minutes 165 Option 2 – Best Deal • All of Option 1 - PLUS • Ugly House Cash Flow System • Additional 90 Day Help Line (6 months) • Monthly Conference Call • Up to $1500 off if you order now • 90 Day Consulting with Ron • Easy Financing Total Value $9949 Cost $3495 / $2995
30 Minutes 166 Can I take Option 1 now and upgrade later?
Yes, if you’re OK with paying more than today’s offer and losing 90 Days Personal Consulting with Ron.
167 $1000 “Do A Deal Rebate” applies to Option 1 and 2
I’ll help you get the rebate
with Option 2 168 We will email you the link to get the power points and script.
169 Call 800-567-6128 Right Now! If you leave a voice mail please sit by the phone until we call you back or go to www.OrderTerms.com 30 Minutes
Credit Card – Bank Draft – Checks - Financing
Must Call for Financing 170