I did everything myself and here that is not how'd he do
the business and that right there is a house that I have already fled
as well already know that I can flip this house to a bar on my buyers was
like a strong buyers list in this area
hey guys it's john cochran and today it is system Saturday the day that I bring
a system that I use in my business
that you can rip off duplicate using your own local market now
if you really dig the system Saturday's in all the content i'd give you any
system Saturday's
you got to get one more live events you have to get one more live events because
it is a to day 4 system Saturday session
given you nothing but content to your absolutely got a lot going to be able to
take it away
just use it in your own local market for two full days in this content to
check the link out below get one for alignment too were holding and a city
near you now
on today systems are accessing guys I wanna go through an unexplained you
three different ways
that you can make money in real estate okay the different types of homes that
you can buy
into real estate in three different ways you can do that now the first one
okay that you can make money off is bank own home
now with bank owned homes they definitely have their ups and they have
their down so
the the one thing that you need to know about bank owned homes is at
they're all over the place they're absolutely all over the place but
unfortunately ahh the banks have
put restrictions on whenever you buy these homes to where you cannot
resell them immediately okay that is the downside to buy a bank-owned home so
it is nothing but a home that is a bank foreclosures on that the bank owned they
have foreclose on it and a lot of times these guys there
they're in bad condition and the reason is because
the person at the bank is foreclosing on unfortunately they get mad at the bank
from foreclosing on them
sometimes they can put concrete down the drains they can just really tear these
homes up because they mad and they got foreclose on
about their financial situation so I the one thing is is that
you know the deed restrictions and you know where you cannot sell the next day they
put a deed restriction saying you cannot sell the property from ninety days 120
days
and I've been if they don't put it be researching on you sometimes they put a
restriction on you saying
that yeah you can tell the next day you can only sell it at this percentage
above what you bought it for limiting what you can make on those properties
lot of times a copper get stolen on these homes there's a lot of
our repairs are gonna need be needed into a bank owned homes now
which takes me to the second way you can make money into real estate which is a
state sales
now estate sales means that somebody has obviously died
and they need to sell off their state now
these properties all over the place as well in the reason they're all over the
place is because people are constantly
unfortunately dieing now you can capitalize on these homes
but i wanna steer you and i want I want you to really understand that
um.. a lot of these the state sales are gonna be
there's also going to be a lot of repairs needed on these homes as well
I'm you can find a lot of these homes giving them first by going to the county
courthouse
finding out what the states are going on are what's that states have been sold
and you can find that at the county courthouse but
just checked just make keep in your mind that these a state sales
lot in these times that the people are at the end their lives they're not
maintaining these home so they're going to be a lot of problems with these home
a lot at unforeseen problems on these homes that you probably did not
I really know about so I've
I would highly advise if you buy an estate sale definitely check out
and get an inspection on these homes so the know what you're getting into
and again get your hands on those first by I'm
you know going to that county courthouse which brings me to my third and final
step in this is a step that I absolutely love
which is buying HUD foreclosures now
a HUD foreclosures a foreclosure it is a home that the government
own now this is not a bank owned homes okay this is not a bank on on this is
the home that the government owns now
the reason I absolutely love HUD foreclosures because number one
there is no deed restrictions okay so you can buy a HUD home today
and then you can resell it two-day for a thirty thousand dollar profit or a
hundred thousand all the prop because there is no danger
the government doesn't put any stipulations on what you buy it for they
don't put any stipulations on what you can sell it for
that's one reason why I absolutely love it the other reason why
why I love these homes is there they're in great shape now if you do your
research on a HUD foreclosure is nothing more important
FHA mortgage that had to get foreclosed on
and you know the FHA loans in order to get one is extremely hard the home has
to be in great shape
so I'm typically whenever the home get foreclose on it still in great shape and
HUD keep
so good care of their properties that a lot of times in these homes are you walk
through them
and the carpet leading the be backing that's how good a shape
uh they keep this HUD foreclosures and
now this takes me to my final step why I love to buy HUD foreclosures and that's
because they have an
a computer bidding system meaning that whenever you are
bidding on a cut on a home a computer is the saying
yes or now knowing that you're bidding
pretty much against a computer on HUD home
pretty much tell you that you can get real sexy real nasty on the stuff
meaning that that computer when you submit your offer has to have pre rating
guidelines it has a percentage is that it goes by
in order say yes or no to your offer now
if you know those percentages you can get real down-and-dirty
with a lot of stuff because you can know what ever single property
I'll what though except on every single property before they even do it
now knowing that and i've the one that I've been once cracked the code
on um.. what their computer will take on every single property
that's why I love Bidding on HUD foreclosure so
we do a lot of these HUD foreclosure deals and that's why it's because you
can buy these properties on a steep discount
if you know what their computer will alriady except if you know how to bid on these
properties
if you know how to sell these properties fast so I
there's three different ways and doing are buying foreclosures
or properties bank own estate sales and HUD foreclosures and I buy far
love the HUD foreclosures over everything and that is exactly
why so to get more information on how to buy
a HUD foreclosures how to go through and sell these things how to know
the bidding percentages guys go to I need that system dot com I'll give you
every bid at their
not tell you you learn a lot you buy a lot of properties
way cheaper than what you thought and you'll be making properties without deed
restrictions
you'll be making profits without deed restriction bigger than we ever thought
go there now and I'll see you there