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By Loral Langemeier. An INVESTMENT OR A BUSINESS?

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Building, Leading and Building, Leading and Protecting Your Real Protecting Your Real Estate Business Estate Business By Loral Langemeier
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Page 1: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Building, Leading and Protecting Building, Leading and Protecting Your Real Estate BusinessYour Real Estate Business

By Loral Langemeier

Page 2: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Is Real Estate…Is Real Estate…

An INVESTMENT

OR

A BUSINESS?

Page 3: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

There are 7 Steps to Building There are 7 Steps to Building Your BusinessYour Business

VisionStrategy

Revenue ModelingProtectionMarketing

SalesLeadership

Page 4: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Buying Real Estate Property

It All Begins With The End In Mind

Page 5: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

If Your Long-Term Strategy is If Your Long-Term Strategy is Financial IndependenceFinancial Independence

There are 3 main choices of Exit Strategy…There are 3 main choices of Exit Strategy…

1. Sell quickly for cash — Wholesaling/Retailing to Cash Out

2. Hold and rent — Property Management

3. Owner finance — Wraps, L/O, Notes

Page 6: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Your Strategy InfluencesYour Strategy Influences

• Your Entity Structure

• Your Real Estate Markets

• Your Agreements and Contracts

• Your Wealth Team

• Your Revenue Model

Page 7: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Get R.E.A.L., Inc.Get R.E.A.L., Inc.Our Vision Is:Our Vision Is:

“To provide housing

to people who have

no other mechanism

to acquire the

“American Dream”

of a home…

Page 8: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Get R.E.A.L., Inc.Get R.E.A.L., Inc.

to provide our investors sustainable growth

through a fixed product, preferred return,

real estate investment vehicle.”

……ANDAND

Page 9: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Our Philosophy Is:Our Philosophy Is:

Win/Win/Win

Page 10: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Get REALGet REAL

VISIONVISION

Investor

Property Acquisition

Buyer System

Page 11: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Strategy #1Strategy #1

Acquisition SystemAcquisition System• Identifying Markets

• Identifying Neighborhoods

• Buying Criteria

• Buying Right

• Building Your Wealth Team to Support Your Strategy

Page 12: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Methods for AcquisitionMethods for Acquisition

MLS

HUD

VA

FSBO

Foreclosures

Page 13: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Identifying Get REAL CriteriaIdentifying Get REAL Criteria

1. 60¢-80¢ on the dollar

2. Minimum $300 spreads

3. Average of $2,000 down payments

Buy Right!Buy Right!

Page 14: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Typical Get REAL PurchaseTypical Get REAL Purchase

Purchase Price $70,000

Appraised Value $100,000

Sales Price $110,000

Down Payment $2,200

Lease Payment $1,200

Page 15: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Acquisition Wealth TeamAcquisition Wealth Team

• Your Investor• Real Estate Agent(s)• Appraiser• Inspector

• Lender• Attorney• Title Company• Insurance Broker

Page 16: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Creative AcquisitionsCreative Acquisitions

Make Money

Out Of Thin Air!

Page 17: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Acquiring Cashflow PropertiesAcquiring Cashflow Properties

1. Find a Person With a Problem

2. Solve Their Problem!

Page 18: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Strategy #2Strategy #2

Buyer SystemBuyer System1. Assemble Buyer/Remarket Team

2. Marketing!

3. Marketing!

4. Marketing!

Page 19: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Who is the Who is the Buyer/Resale Team?Buyer/Resale Team?

1. Team re-marketer (performance-based compensation)

2. Mortgage Brokers

3. Realtors

4. Tenants (referrals)

Page 20: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Re-Marketing the PropertyRe-Marketing the Property

• Newspaper• Flyers• Radio• Signage• Word of Mouth• Mortgage Brokers

• Realtors• Check Cashing Stores• Divorce and

Bankruptcy Attorneys• Credit Repair Class

Page 21: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Strategy #3Strategy #3

Investor SystemInvestor System• Marketing/Educational Packet• Joint Venture (JV) Agreements• Fixed Return Strategy• 50/50 Strategy • Entity Structuring• Investor Communications/Reporting

Page 22: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Investor AgreementsInvestor Agreements

1. Entity Structure (LLC or LP)

2. Exit Strategies– Long Term Investment– Short Term Liquidation

3. Operating Agreements– 13% JV Agreements– 50/50 JV Agreements

Page 23: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Typical Investor DealTypical Investor Deal

• 18k Minimum Investment• Investor Holds Note on Property (90/10 Loan)• Investor & Get REAL Hold Title 50/50 in an LLC• Depreciation is Shared 50/50• Exit Strategy: When Option is Exercised, Investor

Gets the 18k Back and Profits are Shared 50/50

Page 24: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

There is Money Lying in There is Money Lying in the Streets Everywhere! the Streets Everywhere!

Go Pick it Up…And Go Pick it Up…And INVEST IT!INVEST IT!

Page 25: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Loral’s Learning’s…Loral’s Learning’s…1. Invest in Yourself

2. Get a Mentor(s)

3. Build Your Wealth Team4. Conditioning Program – Home Study Course

5. Be in Action…In the streets!

6. Repetition, Repetition, Repetition…

7. Live with Vision, Focus and COMMITMENT.

Page 26: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

?The Top 3 Things I Learned:The Top 3 Things I Learned:

The The ONEONE action I will do as a result action I will do as a result of these learnings is:of these learnings is:

By When?By When?

How will someone know?How will someone know?

Page 27: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Special #1Special #13 Products:3 Products:

1. Building Your Wealth Cycles1. Building Your Wealth Cycles2. Building, Leading, 2. Building, Leading,

Protecting Your Business Protecting Your Business3. Expression of Your Power3. Expression of Your Power4. 5 FREE WEALTH REPORTS4. 5 FREE WEALTH REPORTSTotal Value Total Value $1092$1092

Today Special:Today Special:$399$399

Page 28: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Special #2Special #2Your Mind, Your Marketing &Your Mind, Your Marketing &Your Money! NOV 5-7, 04Your Money! NOV 5-7, 04

Jay Levinson – Guerrilla MarketingJay Levinson – Guerrilla MarketingBob Proctor – The POWER of your MindBob Proctor – The POWER of your MindSandy Botkin – IRS/ Tax SpecialistSandy Botkin – IRS/ Tax SpecialistLoral Langemeier – Guerrilla WealthLoral Langemeier – Guerrilla Wealth…AND, MORE….…AND, MORE….Retail PriceRetail Price $1495$1495

Today Special:Today Special:$1195$1195

Page 29: By Loral Langemeier. An INVESTMENT OR A BUSINESS?

Contact InfoContact Info

www.LiveOutLoud.comwww.LiveOutLoud.comwww.WealthDiva.comwww.WealthDiva.com

1135 Terminal Way, Suite 2091135 Terminal Way, Suite 209

Reno, NV 89502Reno, NV 89502

[email protected]@liveoutloud.com


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