Dear Investor,
The first four were such a success, we decided to do it again!
Since we launched Creative Real Estate Online nine years ago,
I've done my best to offer you the finest educational opportunities
available anywhere. Our motto, "Financial Independence through
Education" fit this 3-Day Workshop like a glove.
Three days, three national experts. Everything you could ever want
to know about making money in the lucrative niche markets of mobile
homes, mobile home paper, and mobile home parks.
Where else could you find an opportunity like this? And it's all
headed by the Grand Master himself, Lonnie Scruggs.
Everything You Need to Know about Making Money on Mobile Homes,
Mobile Home Paper and Parks |
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Before I tell you what Lonnie Scruggs will teach, let me tell you a
little about the man.
Through his books and workshops, Lonnie has
shared information that has changed virtually thousands of lives for
the better. Many students share information on the
Mobile Home Forum that Lonnie co-hosts, every day. These
students say it better than I ever could:
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"I've been in the business for three months now and in that
time I've done seven mobile home deals, most of which are yielding
in excess of 100% returns."
-- T.B., Beloit, WI
"I purchased your book about a year ago and since then I've done
32 mobile home deals in the Houston area."
-- G.M., Houston, TX
"Enclosed is my check for Making Money With Mobile Homes. Also,
thank you for the $5,000 I made last month from your first book."
-- T.P., Corning, NY
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"On March 20th we purchased your book and on April 28th purchased
our first mobile home. We sold it 17 days later at a profit of
$5,030. As of today, we have bought 14 mobile homes and sold 12
and made money on all of them."
-- M.K., Scottsdale, AZ
"I've been doing 'Lonnie' deals locally and they are working out
pretty good. The deal I closed yesterday was a 10 x 50, 2/1 in an
old park near where we live. We bought it for $3,000 and in two
days sold it for $6,500 with $2,000 down. We took back a note for
$4,500, 12.75% interest, 36 payments of $151.06. My yield = GOOD
ENOUGH, as you say."
-- R.M., Glendeden Beach, OR
"Lonnie, I got your second book today and got so excited (again)
that I just had to share this with you. We just bought a mobile
home here in our park for $3,000 and sold it in a couple of days
for $8,500. Got $3,000 down and have a note for $5,500 payable
$230 / month for 30 months. Thanks again."
-- D.O., Santa Fe, NM
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~ Take a look at our
Mobile Home Success Stories page for more raves.
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 How to make 50% - 75% - 100% & more creating notes
on mobile homes.
How to do a little work one time
and get a check for
years.
How to quit that job and become
financially secure with
notes.
How to start in your spare time
with little or no money.
What kind of home to buy and how to find them.
What price home to buy for the biggest profits.
Why "cheapo" homes are the best money makers.
How to recover all your money in 12-15 months.
How to negotiate the purchase price, the sales, price
and
structure the note for the highest yields.
The two most important words you can use when
negotiating.
How to turn cash from short-term deals into long-term
income and financial security.
How to get monthly checks with no tenants,
management or maintenance problems.
What to do if your buyer stops paying.
How to do just one "Deal A Month" and make more than
your full time job pays.
How to make your money work for you, instead of you
working for your money.
How to work with park managers.
Working with partners and splitting the profit.
What you need to know if you move the home
Fortunes in fix-ups...how to re-hab.
Should you sell "as is" or make repairs?
Buying mobile home notes for high yields with no
competition.
And much more... |
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Are you are tired of beating your head against the wall trying to find decent discounted mortgages with a decent yield?
Are you looking for safe investments that yield 25% to 40% to 75% per year?
Do you need to make a quick $5,000 and then do it again and again
every month? Do you dream of a paper market with almost zero
competition?
Terry Vaughan reveals his best-kept
secret paper market and all the details on how YOU can start cashing
in on it NOW.
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Here's a Real-Life Success Story from Terry's
student, Lee Salisbury:
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"About 30 days ago I paid $159 for Terry Vaughan's "Cashing In"
course. Every instinct in me said this is going to be a waste of
money. You see with all my years experience and training in real
estate and mortgage brokerage, dealing in mobile homes (trailers)
was beneath me. Even if this Vaughan was doing deals, his claim of
75% yields had to be stretching the truth.
"Well to my pleasant surprise, after reading the book it seemed
reasonable. So I followed his instructions, made about twenty phone
calls, and found a dealer with some notes to sell. He faxed me the
information I requested which I in turn assembled into a spreadsheet
and faxed to Terry. We then had a three-way call with the note
holder and he was willing to accept 35 cents on the dollar.
"....Terry had just negotiated the purchase of 11 notes with
a balance of $81,693 for $28,242. This worked to be, not a 75% yield, but a 93% yield.
Within 24 hours, my client had
signed a sales agreement and returned same by fax to Terry. About
two weeks later, Terry is in town (to close on 56 notes with another
dealer) and we close on my deal as agreed upon.
"We no sooner walk out the door and start driving away when Terry
has me pull over so I can sign a receipt for my $5,000 finder's fee.
That fee was 10% of the profit Terry had made by virtue of the fact
that he had already sold the notes prior to closing...
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"Frankly, at this time I am still awestruck.
First, we close a deal
without the need of any attorneys (to figure out why this won't
work). Secondly, I've just been compensated at the slightly
exorbitant rate of $1,000 an hour. Thirdly, Terry Vaughan has just
made more money on two deals and a few days work than 90% of us
hotshot brokers make in a whole year."
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Why Today's Market Offers Hot Opportunities for Profit
11 Ways to Locate Mobile Home Notes for High Yields
How to Establish a Value for the Note
How to Develop Safe Investment Criteria
How to Set a Minimum Yield for the Deal
Rules for Buying in Safe Parks
How to Negotiate the Purchase
Whether to Buy the Whole Note or a Partial
How "Partials" Can Skyrocket Your Yield
How to Sell Before You Buy (With No Money Down)
Working with Large Portfolios
Closing Techniques
And Much More....
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Ray Alcorn is a remarkable man. He's been in the mobile home business virtually all of his life. And there's absolutely nobody in the country who knows more about commercial real estate than Ray.
Ray jokes that one of his earliest paid jobs as a kid was picking up rocks in a new mobile home park so the guy on the mower wouldn't
break any more windows.
From that early experience, he graduated to
the position of "lot-boy" on a retail mobile home sales lot,
cleaning trade-ins and new inventory. He then spent time on the
service and delivery crews, then in sales, then sales center
management, and finally in the corporate headquarters.
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Today, Ray is the Chief Operating Officer of the family business,
Park Real Estate, Inc. The company currently owns and manages a
large portfolio of commercial properties.
Ray Alcorn sometimes makes a "guest appearance" at our Lender's Workshop. The students love him...
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"Ray Alcorn's
presentation was full of details, numbers,
inspirational stories, step-by-step instructions."
--
Joe B.
"Ray
Alcorn's presentation was fabulous. He blew away
many of the instructors I've had for my
professional designation from the Institute of
Real Estate Management."
--
Jamie R.
"Ray
Alcorn was GREAT. You guys should talk him into
writing a book or course."
--
Jim B.
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Ray Alcorn is the host of our
Commercial Real Estate Forum
Why
Invest in Mobile Home Parks?
How to Buy a Mobile Home Park
How to find and what to look for in a mobile home
park
What to look out for in the mobile home park you
found!
How to research a market (forms, sources,
checklist)
How to write a Letter of Intent to Purchase
(samples
provided)
Property research: How to do due diligence
(checklists
provided)
How to structure a fair and enforceable contract
(sample
provided)
Get it closed: tips for getting deals done
How to Finance a Mobile Home Park
How to calculate your Net Operating Income
How to create a Loan package (sample provided)
Pro Forma Projections: Spreadsheet magic
(formulas,
templates, software sources)
Finance Sources: (list of sources, contact names
and
numbers)
Alternative funding sources
How to Manage a Mobile Home Park (Property
takeover
checklist)
Writing the rules for the park (samples provided)
Marketing and Advertising (sources, sample ads)
Maintenance: Tracking your dollars
Collections: tips and policies
Turnarounds: special considerations
How to Sell a Mobile Home Park
Picking the right time to sell
Getting the property ready to sell
How to Prepare the sales package: What to include
and
what not to include (sample provided)
How to recruit the right broker (sources,
contacts,
names
and numbers)
Internet marketing and contacts
Negotiating the contract
And more!
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The dates for this Workshop are October 1, 2 and 3, 2004
(Friday,
Saturday, Sunday) at:
Atlanta Airport Marriott
4711 Best Road
College Park, GA
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HOTEL INFO:
The hotel is five minutes from the airport, and there is a free
shuttle. We have negotiated a hotel room rate of $93 per night,
which includes a full buffet breakfast each morning. Plan to arrive
Thursday evening, as we start early Friday.
Call (404) 766-7900 to reserve a room and mention Creative Real
Estate Online.
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Copyright © 2004
CRE Online, Inc.
All Rights Reserved. |
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