Is A Cosmetic Fixer Better Than A Major Fixer?

Inspections - Your Cost To Rehab Determines The Real Profitability Of A Property

by Joe Crump

Hello My Friends,


When you buy a property to rehab, you need to feel pretty confident that the problems with a property won't exceed your budget for the repairs.

There's no fixed number here. Let's say that you find a property that is worth $100,000. The Seller is asking $70,000 and it needs $5,000 of repairs.

This means that you will have $75,000 into the property and a $25,000 profit margin after buying and selling expenses.

On the other hand, take the same property valued at $100,000... you are able to buy it for $50,000, but this time it has a $7,000 foundation problem in addition to the $5,000 of cosmetic work.

In this scenario, you will only have $62,000 into the property and $38,000 in profit after buying and selling expenses.

I, personally, love foundation problems.

They scare the heck out of most people, but all you have to do is have a firm bid from a good contractor who can do the work.

It will be very difficult for the Seller to unload a property like this without making a special deal because no one else wants to mess with it or is afraid of it. Don't ever let conditions like this scare you away from a deal if the numbers work... just make sure of your numbers before you act.

Joe Crump Learns From His Kids

I was in my daughter's grade school class on Friday and I spent some time just watching her and her classmates. Just seeing how much they already know, how well they get along and how thirsty they are for knowledge, made me feel like the future of the world was in good hands.

This is a good life. We all need to learn the great dichotomy... the more we give, the more we receive. Business works the same way. The more opportunities we have to help others, the more we personally will make.

Is It Time For You To Start Giving In Your Business? I'll teach you...

1) First of all, stop using your cash for down payments and stop using your credit to guarantee loans. Stop now. It will only lead to loss and pain... and it's completely unnecessary.

2) Go and download a copy of my online eBook "Zero Down Real Estate Investing With Bad Credit And No Job", and read it. It will explode your brain and put you on the road to real estate wealth with practical tips and techniques for creating quick chunks of money you can put in your pocket and spend now. (NOTE: It is also available in printed form)

Click Here To Find Out More

3) If you've already read my book and you're ready to take your success to an entirely new level, then you must get yourself a copy of my "Push Button Method" CD/DVD Program. This is the most complete, detailed, step-by-step system available for becoming a powerful, independent, wealthy real estate investor. You will learn to put your entire business on AUTOPILOT. Automation and systemization is the key to running a successful business. When you do this, you will discover that you can make MUCH more money by doing MUCH less work. This is a reality if you have the right tools and know-how.

Click Here To Find Out More

4) I also have an "elite" Six Month Mentor Program and a "Two Day, Buying Event." You can work with me PERSONALLY and have my one-on-one help to get your business going. I'll tell you right up front - it's not cheap, but the people who have gone though will tell you it was a bargain. I also get together with all of my Mentor Students "Live" every couple of months and we actually buy properties together - right there in the conference room. If you'd like to hear more about this incredible "life changing" program, go to this web site right now: www.ZeroDownInvesting.com

These programs are GUARANTEED 100% by me to quickly put you on the road to financial freedom. They aren't just pie-in-the-sky, get rich quick schemes... they are honest to goodness business building tools that will pay you back many times your investment if you implement them.

The eBook is here:
www.RealEstateMoneyMaker.com

The CD/DVD Home Study program is here:
www.PushButtonMethod.com

The Six Month Mentor Program information is here:
www.ZeroDownInvesting.com

I'll talk to you again soon.

Your Friend,

Joe Crump

************************************************** ********************************

STOP PAYING RENT -or- a MORTGAGE FOREVER!

Learn how to keep that money in your pocket and also how to get FREE REAL ESTATE, houses, apartments and raw land using little-known methods, insider secrets, corporate sponsors and special laws that allow _anyone_ to use the governments help to acquire abandoned or mismanaged property with NO MONEY. (I didn't say "no money down" I said... NO MONEY ...FREE!)

Amazing new guidebook shows you exactly how and why ANYONE can live rent-free using these simple but little-known strategies and secrets. Rather you are a renter or a homeowner you'll NEVER have to pay rent or a mortgage out of your pocket again once you learn how easy this is. Click Here!

Real estate investing is not limited to wealthy tycoons. People from all walks of life own rental properties and are becoming rich doing so. You no longer need to be a slave to a weekly paycheck. All successful people have defining moments that change their lives forever. This program can produce one of those defining moments for you!