Click Here to Listen to Graham
Graham bought his first foreclosed property three months after graduating from college. “I learned in college that about 90% of millionaires start in the real estate business, and I have followed that model ever since. On my very first investment property I bought and sold it in less than 15 days, and made over $12,000.”
After investing in real estate for additional income for several years, Graham decided to use his banking experience to master the real estate foreclosure market. “By knowing what numbers the bank is using to determine whether or not to accept a short sale request allows me to make offers that I know will get accepted.”
We were working on several deals at one month and we got another lead on a foreclosure. I was too busy to work on another short sale. I asked my wife Donna to handle the deal. She knew very little about how to negotiate with the bank, and I told her to just follow the steps on the checklist and that everything would be fine. Well needless to say, she negotiated a great short sale on her very first try. She negotiated a home appraised at $123,000 with a $97,000 loan balance down to $68,000, and the home needed less than $10,000 in repairs.
“If I can negotiate a short sale with one child on my hip, a child pulling at each leg, and nursing a newborn, then anyone can do it. Short sales are actually pretty simple. You just have to let the bank know that you are an investor who knows their numbers, put together a professional offer, and be kind to the negotiator. It can’t get easier than that.” -Donna Treakle
Graham and Donna have four children under the age of five, three beautiful daughters and one little man. They run a successful real estate business from their home, and have been active real estate investors since 1998. They specialize in helping people who are in difficult situations, such as foreclosure, divorce, separation, or job loss. People in these situations need to sell their homes quickly.
Are you ready for the changes that are happening in the real estate market. "What changes?" might you ask. Well let me explain just a few changes that I have personally noticed... California Market- I have noticed a trend that banks are starting their opening bids at the auction slightly lower than they have been.
Why is this important? Well, this means that the banks are starting to change their tunes as to the value of properties. How does this affect you? This is a good
indication that short sales are going to be easier to get through.
Complete short sale requests are speeding up, I have noticed that the short sale requests that my office has been submitting are getting faster responses.
Why is this important? This is a good indicator that loss mitigators are so overworked that they are cherry picking the short sale requests that they work on. How does this affect you? This means that the more organized and complete your short sale requests are, the less time that you will have to spend negotiating the deal.
Now there are lots of other things happening in the real estate market today. There are new strategies for selling homes faster, there are different strategies for bringing leads into your office etc.
How do new investing strategies fit into your business plan? Do you have a business plan?
If the answer is "No" to either of these questions please read on
I have created a real estate business plan training seminar for people just like you!
FACT: Over 90% of the people that read this email DO NOT have a business plan!
FACT: Over 90% of investors that are successful in real estate have a business plan!
What 90% do you want to be in...
It is your choice!
One of my mentors told me this one day, and it has been the best business advice that I have ever received.
"If you fail to plan then you need to plan to fail."
Simply put the single most important thing that you can do to increase your chance of massive success in real estate is to have a business plan.
No, it is not glamorous.
Yes, it is the truth.
In fact, you know it is the truth.
I have created a real estate business plan training seminar for people just like you!
FACT: Over 90% of the people that read this email DO NOT have a business plan!
FACT: Over 90% of investors that are successful in real estate have a business plan!
What 90% do you want to be in... It is your choice!
One of my mentors told me this one day, and it has been the best business advice that I have ever received.
"If you fail to plan then you need to plan to fail."
***********************
Simply put the single most important thing that you can do to increase your chance of massive success in real estate is to have a business plan.
***********************
No, it is not glamorous.
Yes, it is the truth. In fact, you know it is the truth.
MYTH: Writing a business plan is no fun.
Quite the opposite. When you complete your business plan you will feel RELIEVED, and have a strong since of EMPOWERMENT
MYTH: You do not need a business plan to be successful.
WRONG AGAIN: All Fortune 500 companies have a business plan!
MYTH: I do not have time to work on a business plan.
Do not kid yourself! You do not have the time NOT to work on a business plan.
FACT:
Caldwell Banker, Keller Williams, Prudential Realty all have business plans.
FACT:
Donald Trump has a business plan.
FACT:
Spend just a little time with me working on your business plan, and you will make more money!
How do you get started?
For only $1,000 to $10,000 you can hire someone to write a business plan for you. It will definitely get done, but you have to pay big dollars, and you may not like what you get.
OR
You can write your own business plan for FR>EE
However, it probably will never get done because you ALREADY KNOW that you need to have one, and you STILL DO NOT HAVE ONE! OR You can attend a 3 part workshop and write your business plan while attending.
Which one are you going to choose?
Sincerely,
Graham Treakle
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