Do I persobally have the money?
Yes.. and no.. but yes... lol...
I use Other People's Money (OPM), I never use my own cash to buy Real Estate, NEVER.
If I invest my cash I must have an extremelly good return and fast, preferrably 100% or better within the month, and obviously that is doable but I gotta dig.
But, if I use OPM then MY RETURN IN UNLIMITED.
What do I mean?
If I invest one million dollats to make a hundred grand then my ROI is 10%... decent for a month.
If I make $100,000 investing $0 then what is my Return On Investment?
Right, it's uncalculable... INFINITE... just like I like it...
Holy crap right?
And the coolest part....
My clients, the investors who's money I use make as much as I do, in this example $100,000 for signing one document,
I have heard many uneducated people maliciously say that OPM is "screwing old couples of their life savings", and I agree, OTHER PEOPLE'S MONEY does SOUND like that, or worse.
WHAT A TERRIBLE NAME HUH?
Some dumbass must have named it, not my fault, lol.
So for the purpose of you understanding this class...
"OTHER PEOPLE'S MONEY" is simply "INVESTOR MONEY"
QUESTION: Who is an INVESTOR?
ANSWER: Someone who invests money to make a profit.
3 examples of INVESTORS:
1) People (Landlords, Developers, Traders, Savers, Anyone)
2) Institutions (Churches, Credit Unions, Foundations, Businesses)
3) Banks (from small local to large nationwide)
Yes... lol... even an investment loan from a bank, Merryl Lynch, or A.G. Edwards is OTHER PEOPLE'S MONEY...
Faaar from "screwing over old couples" huh?
You can't screw people in Real Estate without getting caught eventually, it is all in the public record and available to cops.
OTHER PEOPLE'S MONEY simply means that YOU ARE NOT USING YOUR OWN MONEY... duh?
You can USE OTHER PEOPLE'S MONEY and pay interest (banks) or a percenrage of the profits (partnerships), or a certain percentagr of the money borrowed (investors), that depends on the deal you strike with your new friends.
Personally, I prefer to give up half my profits in exchange for the money to actually be able to do the deal, that is the best deal for everyone involved.
For this example only, I am the Investor and you are you
1) You find a deal and come to me for the $100,000 to buy it, fix it, and sell it.
2) I feel safe about the deal so I put up the $100,000 for you to buy it, fix it, and sell it.
3) You sell it for a $30,000 profit ($130,000), at 50/50 split we make $15,000 each which to me is a 15% return and that's decent.
I don't care about your credit, income, or any of the stuff a bank would ask you for, all I care about is THE DEAL.
As long as I feel comfortable with the numbers then "my money is your's".
That's what INVESTORS will be saying so let me teach you THE DEAL.
Your goal is to make "me", the INVESTOR, your PARTNER, and more importantly YOUR NEW FRIEND, feel comfortable with your deals and for that you must be able to structure good deals and NEVER FAIL.
It is more an art with a formula than an exact science so I can only teach you that part as we go through deals.
Without deals you can't get the money just like you can't fish without bait so deals first and money second, ok?
THE DEAL IS KING
HOT TIP: Never reveal addresses to ANYONE until contracts are in place or you will risk getting circumvented by greedy assholes, capisce?
I used to have 27 "money partners" each with UNLIMITED BANK CREDIT LINES to buy with when I was at my peek.
These were INVESTORS that I split the deals with 50/50.
Never settle for just one, get at least 3 Investors, or more.
Because you create competition between them and you sell them propertiesvat your terms, not theirs.
1) I call Bob to partner with me on a $200,000 building but Bob don't answer my call or his secretary say that he is not at the office
2) I call John and ask him to partner with me on the $200,000 deal instead of Bob and we make $30,000 2 weeks later
3) I make sure thqt Bob hears about it and next time Bob sees my number on his caller ID then I bet $1 that he will answer my call.
Did that with my 27 partner investors and I can't remember when my call was not answered with a "how much do you need at what title company and when Dario?"
Can you imagine competing against me with financing that takes 2 weeks to get approved and another 3 weeks to close?
TOTALLY CHANCLESS AGAINST CASH BUYERS LIKE US
I could buy whatever I wanted ALL CASH, AS IS, NOT CONTINGENT ON FINANCING which is the best way to buy Real Estate.
I know that I make it sound easy but it is easy,
How I got my INVESTORS, documents, and details of THE DEAL you find in detail in The Real Estate Funnel which you can get right now.
YOU DON'T THINK YOU NEED A COACH?
Everyone needs a coach, I had 7, lol.
Even pro football teams have a coach, Bruce lee had a coach at first too, I know that you too need a coach, and that coach is me.
WHY DARIO BUSCH?
1) I have been there and done that so many times I can do it in my sleep,
2) I have almost 3,000 successful transactions under my belt,
3) I have managed multi billion dollar Real Estate mutual funds flawlessly.
4) I am willing to teach you what other keep as trade secrets.
5) I focus on results not on time spent
6) I can coach you better than anyone else.
7) I am willing to be at your disposal on your smartphone
8) I will train you as effectivelly as I could if you were right here.
Upgrade for $333 and partner with me (affiliates only)
HERE IS WHAT TO DO
Or if you don't want to partner with me, please order for $5,000 at https://dariobusch.com/products/Much Love, Peace