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I know some of you dream of quitting your J-O-B and becoming financially independent.? What much better year to do it than this year.? So, how do you turn out to be financially independent?? Well, let?s do the math:
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Example:
An average person?s monthly expenses ???????? ??????????????????????? ??????????? ??????????? ,000.00
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Cashflow* from a property utilizing
Lease Buying technique
(.00 average per property):
??????????? .00 x 12 months???????????? ??????????????????????? ??????????????????????? ??????????? ,000.00
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(*Cashflow is the difference between the seller?s mortgage payments and what we charge in rents.?? Example: ,400.00 Monthly Rents ? ,150.00 Seller?s Mortgage Payments = .00 Cashflow)
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So in 12 months of acquiring 1 property per month (if you are doing this company portion-time) you can acquire 12 properties to be financially independent based on the above example in one year.
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Or if you want to do it in 6 months that?s just two houses per month.
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Or in three months then that?s just four houses per month.
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Now you get the notion.?? The best component is that it does not even take into consideration the upfront Choice Consideration which is ?non-refundable? and goes appropriate into Hip National Bank, i.e., money in your pocket!!!!? Money you can use to pay off some debts and/or invest into your real estate investing organization!!!?
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At the end of the lease term there is still more great news.? If the Tenant/Buyer decides to acquire the property then you make an additional ,000-,000 (this is an average, but we have much more from the Back-end sale of a transaction) equity earnings at the settlement (Back-end profits).
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If you want to construct wealth the Cashflow can make you financially independent the upfront Option Consideration can give you spending money and the Back-end profits can make you WEALTHY!!!
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Greatest of all, you do it with no income of your own (except for marketing expenses), no bank loans, no fix-ups, quick turnaround, no landlording headaches, and extremely small risk!!!
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I know several readers do not believe me so the only way you can understand this truth is to do 1 your self.? Try 1 yourself and you will be convinced that investing in genuine estate employing Lease Purchasing or other creative real estate investing strategies is a really smart way to wealth.?? Or just ask some of my profitable students who are now believers.
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Somebody recently asked me ?I have small income, poor credit, small time, no real estate experience, and am searching to get started in genuine estate investing. How do I do it given my circumstances????
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In creative genuine estate, you don?t need several of the standard issues such as funds to make funds. You also do not genuinely want wonderful credit (or in my methods, you do not want any credit to invest in actual estate). There are ways to get around some of these roadblocks, but you do need time. Time to realize the organization, time to get focused, and time to take action. Take every little thing away and that is all you have. So truly what is it that you require? You have to have a desire to make it, a willingness to win.
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That desire is something that does not happen overnight. Figure for the average investor, if you are willing to put forth about 20-30 hours a week to understand and do some of the items to get your organization going then you will make it. Do this for about 3-6 months without quitting, with out getting paid, or without having complaining then you will have a opportunity.
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Most individuals that succeed in anything know that they will make it even just before they make it. It is named ?vision? and most effective men and women have this trait and you will too if you want to be a portion of this group. If you believe this organization is tough, you are appropriate.? If you think this organization is simple, you are right also. But remember that it only matters what you think, so study tough and get the right mindset and you will convince your self of anything. But, if you are seeking for a quick fix, get rich over the weekend, kind of luck in genuine estate investing, then do not waste your time here. There is no such factor as luck, just effort that produces results which only looks like luck. You and I know that with sufficient effort anything is feasible.
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I started out, just like most beginners hungry for an opportunity, no cash, no credit, no information, no expertise, no connections, and no luck, but what I learned is that this business is a great one. I attempted numerous different kinds of companies before and also have a financial planning background.? I discovered that this company makes it possible for for you to have a very good lifestyle, monetary independence, and the capacity to assist countless individuals although enjoying yourself. Essentially, it permits you true freedom to do whatever you want, whenever you want.? No rush hour traffic, no boss, no office politics, and no worries. And of course with all fantastic points in life there is the sacrifice, so if not with income or credit then with time and desire. I hope this write-up helps you get on to the road to wealth and I wish you all the best!
Source: http://www.parkermemorial.org/financial-independence-thru-real-estate-investing.htm
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