Kathy Kennebrook Discusses Owner Financing and Work For Equity To Get Your Homes Sold Quickly-Part 2

December 1, 2020/in Financing, News /by dulce

By Kathy Kennebrook

The other way Kathy Kennebrook offers owner financing to a buyer is by holding a small second mortgage for them for part of her profit on the deal. This is personally one of her favorite ways to sell properties. Often having this opportunity available makes it easier for your buyer to obtain their first mortgage and gives you monthly cash flow for part of your profit. You actually end up making more on the deal this way since most of the buyer’s monthly payment to you on the second mortgage is interest.

Image by Clker-Free-Vector-Images from Pixabay

Kathy Kennebrook will typically hold a second mortgage for her buyer’s with a three year balloon. At the end of the three year period, they still end up owing her most of the principle of the original loan. This can become a nice stream of income for you both on a monthly basis and long-term. You end up getting a big check when your property is sold, then smaller monthly payments for a period of time, then another big paycheck at the end of the buyer’s balloon.

Image by OpenClipart-Vectors from Pixabay

The other method Kathy Kennebrook suggests using to sell properties is to owner finance the sale of your property for your buyer, and then sell the note to someone else at the closing table. If you structure your deal correctly, you usually end up being paid between 90-93% of the total amount in cash when the closing takes place. In this instance, if Kathy Kennebrook knows she is going to sell the note at the closing and take a lump sum cash payment, she makes sure she has sold the property for its full retail value or a little more. This way Kathy still gets a big paycheck and most of the value of her property’s sale.

These are just a couple of other methods you can use to sell houses that will drive buyers to you even in a sluggish market because you are offering your buyers assistance that most other sellers are not.

For more information on selling homes on a Work For Equity Plan, check out part three of this article. In the meantime, visit Kathy Kennebrook’s website at Marketingmagiclady.com for even more information on buying and selling homes quickly in any market.

Kathy Kennebrook Discusses Using Owner Financing To Sell Properties Quickly

November 26, 2020/in Financing, News /by dulce

Image by Jens Neumann from Pixabay

By Kathy Kennebrook

Using a work for equity plan to sell houses or owner financing to sell properties is a good plan for getting homes sold quickly in any market especially if they need rehab. So let’s first talk about owner financing properties.

I believe that owner financing is another good way for you to sell your properties quickly and for long term profits. Many sellers do not offer owner financing so this is another good way for you to drive potential buyers to your properties even in a down market. I suggest simply advertising that you are offering financing assistance for your buyer. Many times you will have a buyer who has a significant down payment; they just can’t qualify for a loan for whatever reason at that moment.

Usually if I owner finance a property, I at least want my buyer to have halfway decent credit or at least workable credit that can be cleaned up over a period of time. I have a wonderful broker in place that helps my buyers clean up their credit issues. You can sell your properties using owner financing one of two ways. If you sell a property that has an underlying mortgage, you could do a wraparound mortgage with your buyer.

Image by Merio from Pixabay

A wrap around mortgage is simply a mortgage that wraps around the underlying note. I would absolutely suggest using an attorney to put these deals together for you so it is done correctly and in a way that allows you to foreclose out the note if your buyer stops paying.

So how does a wrap around mortgage work? What this means is that your buyer pays you a mortgage payment each month on your property and you pay your underlying mortgage. The difference between these two payments is yours to keep as monthly cash flow as long as taxes and insurance are handled.

Image by jessica45 from Pixabay

If you have used an attorney to do the wrap around mortgage for you, your buyer is going to be responsible for the taxes and insurance on the property and will provide you with proof that these have been paid.

For more information on owner financing properties and wrap around mortgages, visit Kathy Kennebrook’s website at Marketingmagiclady.com for even more information on buying and selling properties quickly in any market.

“The Money Multiplier”

November 24, 2020/in News /by dulce

By Bruce Kellogg

The Practice of Infinite Banking

For over 200 years the elite have been implementing a tool called the Infinite Banking Concept (IBC) to build wealth through their own debt and expenses they already have. This concept is described in the foundational book, Become Your Own Banker by the late R. Nelson Nash. By practicing IBC, we now have a system and powerful financial tool to get back all of the money for every product and service we will ever purchase in our lifetime.

Brent Kesler

Brent Kesler was a Chiropractor and Chiropractic coach for over 14 years. After implementing IBC, Brent paid off $984,711 in 3rd party debt in 39 months. In fact, Brent became so passionate about how powerful this concept was, he began sharing it with others and thus changed his path. Brent’s main goal in making this move was simply to help more people understand how to manage and grow their wealth. For the last 8-plus years, Brent has been lecturing to thousands of people around the country on the dynamics of IBC and helping individuals break the bonds of financial slavery they don’t even realize they are in. He teaches how to take back control of your financial life and to stop doing business with the banks. Brent has a passionate belief that whether you make $10/hour or $10,000/hour you should know IBC and have this powerful information to keep control of your own money.

How It’s Done

We are creating a specially-designed, specifically-engineered platform to practice the Infinite Banking Concept. This vehicle is customized based on each individual’s needs and resources. You will be using this vehicle to make all of the transactions you are already doing in your life (paying bills, buying cars, purchasing houses, making investments, etc.) Think of IBC as the process to make those transactions/investments all without having to change your cashflow, work any harder, take any additional risks, or lose control of your hard-earned dollars; we are just adding 1 simple step to your financial life. You see, you want to be in 2 businesses in your life: the business that produces your main source of income and the banking business, the business that finances everything you do throughout your life. We all have access to the same financial tools; the wealthy just use these tools differently. Now that I know how the wealthy have been using these tools for over 200 years, I am going to continue to play the game right along with them.

Benefits

Keeps Money in the Family.
Control of Your Cashflow.
Recapture Money.
Protected from Judgements and Lawsuits in Most States.
Build Tax Free Wealth.
Creating a Legacy.
Earn Uninterrupted Compound Interest.

Getting Involved

Visit our website and view Brent’s presentation on this powerful financial concept: www.moneymultiplier.com/memberarea/

After you have watched the 90 minute presentation, schedule a call with Brent to get all of your questions answered and explain your personal situation by scheduling with him here: https://go.oncehub.com/BrentKesler/

Email – [email protected]
Cell – 785.248.9637

BONUS: Chris Naugle (client/colleague) and Brent Kesler, together they have written the book, Mapping Out the Millionaire Mystery. This is a 2020 spin off of Becoming Your Own Banker. You can purchase it by visiting here: www.themoneymultiplier.com/books/

**By mentioning this article, we will send one to you FREE (just pay shipping)

Bruce Kellogg

Bruce Kellogg has been a Realtor® and investor for 38 years. He has transacted about 800 properties in 12 California counties. These include 1-4 units, 5+ apartments, offices, mixed-use buildings, land, lots, mobile homes, cabins, and churches.

Mr. Kellogg is a contributor and copy editor for two national real estate wealth-building magazines: Realty411, and REI Wealth Monthly. He is a recipient of an Albert Nelson Marquis Lifetime Achievement Award, listed in Who’s Who in America – 2019.

He is available for consulting with syndication, turnkey, joint-venture, and other property purchasers and note investors nationally, and other consulting assignments. Reach him at [email protected], or (408) 489-0131.

Learn Real Estate from TOP EXPERTS Online & Live!

November 19, 2020/in Events, Experts, News /by dulce

Ladies Who Rock Real Estate ONLINE EVENT – All Invited!

November 18, 2020/in Events, News /by dulce

A VIRTUAL ONE-DAY CONFERENCE SPOTLIGHTING WOMEN IN OUR INDUSTRY!

Admin Post: Attention, we are celebrating our amazing group with a NEW VIRTUAL EVENT spotlighting some of the most amazing women in the real estate investing industry. We invite you, your team, and friends to join us. This co-educational event is created to help positively change the direction of your real estate business, your personal finances, and your life. Other events of this caliber charge hundreds of dollars, don’t miss this!!! RSVP HERE:https://www.eventbrite.com/e/126454451669

This LIVE EVENT is in real-time via Zoom, to register directly visit:

https://us02web.zoom.us/webinar/register/WN_5x_ERYl4Tnyz2jX0H3naNg

Background on Ladies Who Rock Real Estate!

Two years ago, as a way to spotlight and elevate women real estate investors and female agents/brokers/lenders and realty service providers, Realty411 began the social media group, “Ladies Who ROCK Real Estate”.

Now, our national group is nearly 8,000 members strong with successful women joining us from around the nation. At this SPECIAL ONE-DAY EVENT, which is completely COMPLIMENTARY AND CO-EDUCATIONAL, all guests will “LEARN FROM THE LADIES”. Some of the women featured will include real estate rehabbers, realty marketing specialists, real estate entrepreneurs, top-producing brokers, wealth educators, and more. Some of the ways this virtual conference will be different from our previous online events, includes:

Fantastic REI Topics will Be Discussed with numerous, successful women who are experts in their niches. They will be sharing their Insight and Advice for everyone to learn from AT NOT COST!!!
Guests to Receive Invites to Our VIP Private Groups — What a perfect way to continue networking with our amazing connections! Ladies will be admitted to our exclusive “Ladies Who Rock Real Estate” group; Gentlemen guests who join us to learn from these top ladies will be invited to join our VIP Realty411 Investor group.
A Special VIP “Hour of Power” — Upgrade to our PAID networking hour, join us LIVE to be seen and heardby other VIP guests. All VIP guests will have time to share their contact information and plug their company. This paid segment is for ladies only.

ONLY 20 PAID VIP TICKETS ARE AVAILABLE — GUESTS WILL NETWORK LIVE VIA ZOOM. Additionally, we will highlight and share information about our special PRIVATE online groups so that ALL guests can continue to connect after this event.

This LIVE EVENT is in real-time via Zoom, to register directly visit:

https://us02web.zoom.us/webinar/register/WN_5x_ERYl4Tnyz2jX0H3naNg

EVERYONE IS WELCOME — IT’S TIME TO LEARN FROM AMAZING WOMEN WHO ROCK REAL ESTATE!!

BONUS: All guests who join us will be invited to our PRIVATE investor groups with tens of thousands of members who are sharing their deals and making valuable connections!

URGENT: YOU SIMPLY DO NOT WANT TO MISS THIS ONLINE, INTERACTIVE CONFERENCE. LIVE CHAT WILL BE AVAILABLE.

REIBLADE – A Partnering Necessity

November 17, 2020/in Investing Tips, News /by dulce

Image by Gerd Altmann from Pixabay

By Bruce Kellogg

Scaling Partnerships

Image by Gerd Altmann from Pixabay

We have all heard the old saying, “Necessity is the mother of invention”. This came upon the principals of Scottsdale Real Estate Investments earlier this year when they had acquired nearly 100 properties over the past three years. These were mostly single-family residences (SFR) purchased with joint venture (JV) partners, mostly from the Scottsdale/Phoenix, Arizona area. Many of the properties were out-of-state, and some were bought in bulk from sellers with large portfolios. A little thought will lead to the conclusion that this business model could become unwieldy and prevent scaling up to the next level. What to do?

Seti Gershberg is the Founder and President of Investments, whereas Jay Tenenbaum is President of Capital and Risk Mitigation. Together, they cast about looking to buy some software to process the “back end” of Scottsdale REI LLC. Alas, everything they reviewed was either prohibitively expensive, or lacked sorely-needed functions. Time to invent!

REIBLADE Software Features

Image by Gerd Altmann from Pixabay

Asset Dashboard

Multi-property partnerships need a way to evaluate the performance of their assets, individually and in groups. REIBLADE has the “Asset Dashboard” that provides this vital benefit, as described below.

Investor Portal

How would you like to fully inform your investors without becoming extensively involved with their inquiries? REIBLADE provides an “Investor Portal” that gives investors instant access to their investments at any time with features that are easy to use. This is enhanced communication at its fullest!

Store and Manage Documents

REIBLADE will store all documents related to partnership properties in one place for easy, direct access by everyone involved. No stuffy files. No scrambling to locate a record, invoice, check, receipt, letter, deed, inspection report, walk-thru video, lease agreement, and so on. Click it, and get it!

Online Deal Marketplace

Image by Tumisu from Pixabay

REIBLADE offers its “Deal Days Marketplace” where partnership properties can be marketed on the internet to investors around the world. Alternatively, assets can be marketed using an investor URL that is distributed to selected investor prospects. This flexibility eliminates the need for complicated and restrictive MLS-type marketing avenues, thus reducing costs.

Raising Capital for Growth

In order to grow and “scale up”, a real estate partnership enterprise needs a means to raise capital from investors. REIBLADE features the ability to produce and issue a Prospectus that has its own URL. Offering opportunities takes one click. Fundraising doesn’t come any easier than this!

Asset Performance Tracking

REIBLADE offers an instant, downloadable, one-page “Track Record”, with charts, graphs, and financial measures including Capitalization Rate, (“Cap Rate”), Yield, Internal Rate-of-Return (“IRR”), Return-on-Investment (“ROI”), and Equity Multiple. With its flexibility, REIBLADE can evaluate any single asset, or even a group of assets such as a single-family residence (SFR) portfolio. This feature can be used to convince investors to invest. After all, performance sells!

Interested?

Interested readers are invited to: a) Go to www.reiblade.com, or b) reach out to Mr. Gershberg for a private demo at his email: [email protected], or c) watch a video at: https://reiblade.mykajabi.com/reicloud-webinar-replay-page-2-1.

For a limited time, REIBLADE is offering a total of 50 lifetime licenses at 70% off. So, what happens if you snooze?

Bruce Kellogg

Bruce Kellogg has been a Realtor® and investor for 38 years. He has transacted about 800 properties in 12 California counties. These include 1-4 units, 5+ apartments, offices, mixed-use buildings, land, lots, mobile homes, cabins, and churches.

Mr. Kellogg is a contributor and copy editor for two national real estate wealth-building magazines: Realty411, and REI Wealth Monthly. He is a recipient of an Albert Nelson Marquis Lifetime Achievement Award, listed in Who’s Who in America – 2019.

He is available for consulting with syndication, turnkey, joint-venture, and other property purchasers and note investors nationally, and other consulting assignments. Reach him at [email protected], or (408) 489-0131.

High Performance Success Summit Virtual Summit – Sponsored Post

November 12, 2020/in News, Sponsored Posts /by dulce

Sponsored Post

Please review this important message from our sponsor, thank you.

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Would you like to join our Broker Network?

November 11, 2020/in Loans, News /by dulce

Join our Broker Network:

We got you covered! We’re here for you from start to finish. Real Estate financing is available nationwide! Join our network today and start closing on all your deals.

Universal Commercial Capital
☎️ 888-334-9039
[email protected]
www.universalcommercialcapital.com

Work Smart……Play Hard – Kathy Kennebrook’s Real Estate Investing Mantra

November 10, 2020/in Keys To Success, Marketing Strategies, News /by dulce

Image by Fathromi Ramdlon from Pixabay

By Kathy Kennebrook, The Marketing Magic Lady

I got into the real estate investing business to have more free time for myself and my family and to have the financial freedom to do whatever I wanted, whenever I wanted. I wanted my life to be more worry free. I have spent a great deal of time accomplishing that goal and I want to share some of my insights with you as a real estate entrepreneur.

When you decide to become a Real Estate Investor, make sure you structure your business in such a way that it doesn’t become overwhelming, even more so than a full time job could be. It’s very easy to fall into that trap, especially if you work from home. You can also fall into the trap of trying to do everything yourself, and long-term, this just won’t work. Believe me when I tell you that most tasks in your business need to be delegated to others starting with your marketing, your bookkeeping and day to day management.

Image by Joshua Miranda from Pixabay

In my particular case I like to work from home and most of the functions of our business are handled off sight and by Independent Contractors. One of the ways I solved the problem of getting overwhelmed with work was to determine what hours per day would be dedicated to my real estate investing business. At the end of the day the door to the office gets closed and the phones go to an answering service. Your family will appreciate you for this as well.

The other rule we abide by is that when the office door gets closed, conversations about our real estate business cease as well. You have to make a conscious effort to separate your business and your personal life, especially if you are working the business with your spouse or partner. Since real estate is an incredibly fun way to make a living, sometimes this is hard to do.

As you begin to attain success in your business and things become more automated for you, you will begin to have a lot more free time to do the things you enjoy doing. My husband and I like to kayak. We especially like white water kayaking and take several trips each year to enjoy the sport. I also enjoy traveling to places I have never seen before with my husband Jay. Our business at this point in time pretty much runs on auto-pilot. We have developed a dream team of key people we put in place who take care of the important tasks that make our business successful and run on auto-pilot even when we are away from the office.

Image by Joshua Miranda from Pixabay

The marketing for our business is outsourced along with many of the other tasks associated with our business including getting our rehabs completed, property management, bookkeeping, closings, etc. Since a lot of the marketing we do for our business is targeted direct mail, this is all outsourced to a company who does all of that work for us. We provide them with the letters and the lists and they do everything else.

My husband and I still continue to work our business primarily from home and our key people are independent contractors who work from their homes or offices. Since Covid 19 happened, this has become even more important to the ongoing success of our business. Personally I still like making deals with sellers even before I get out of my pajamas in the morning. I also like having lots of time to spend with my cats and my grandchildren.

Image by Pexels from Pixabay

Once your real estate investing business is running like a well oiled machine, take the time to pursue the things you love to do, after all, that’s why you got involved in the business in the first place, isn’t it? Make sure you spend time with your spouse and your family doing the things you love to do together. This is the best time to begin making good memories for your children if they are still young. Remember that you must continuously pay attention to the balance between your business life and your personal life. Otherwise, it can become easy to short change one or the other.

Putting good team players in place to take care of the details of your business will be important to building the ultimate financial freedom you are striving for so you have even more time for the things you love to do. So just remember to work smart….and play hard!!!

For more information on automating your real estate investing business and locating all the sellers and deals you could possibly need, be sure and visit Kathy Kennebrook’s website at www.marketingmagiclady.com While you are there be sure and sign up for our FREE monthly newsletter.

Learn from Brandon Cobb, REI Wealth Magazine’s Cover Feature

November 6, 2020/in News /by dulce

Brandon takes us through his flips. Watch these educational videos to learn more about investing in real estate.

You can also watch this Private Money Lending Expert Panel video to learn from the experts.

Brandon Cobb

Co-Founder, “The House Buyin Guys”

If you are interested in learning more about how you can get added on Brandon’s list to receive off market wholesale properties in Middle Tennessee, or learn more about how you can receive passive income secured by real estate through Brandon’s company, you can contact him at: [email protected].

For more tips, follow Brandon on his Facebook page at: https://www.facebook.com/brandon.cobb.3950