Ron Legrand – Commercial Property
Confessions of a Real Estate Tycoon Take a look at all the super-rich who made their fortunes in real estate and you will see what commercial real estate made them rich. Now I know it sounds weird from a guy who teaches residential real estate and is a world renowned expert on it. So let me defend myself. First, many people get rich from single-family homes. I am one of them, and I have taught perhaps thousands of people who have done this. But there are the rich and there are the super rich, which for me is over $ 100,000,000. It will be difficult for you to find a very wealthy home buyer. I saw Donald on a talk show a few years ago and his quote was … “I buy like a bat from hell!” -Donald Trump Second, I buy commercial real estate and teach others how to do it, but since that’s not what I’m famous for, you don’t see in me the Donald Trump real estate who made his fortune in commerce. Donald can recognize an opportunity when he sees it, and honestly, any idiot could see it in America’s commercial carnage over the past six years. I have to know, I am in the middle of it and I should have known … Personally, I have lost over $ 150,000,000 in my commercial projects! No, I didn’t say I lost a hundred and fifty million real dollars. I have never had to lose it, but I can honestly say that I lost it and even more in the future after having developed capital and cash on projects that will never be built due to the current market. I have lost millions of real money and will be purifying my blood for a few more years from twenty-one commercial projects I bought from 2004 to 2006, including over fifty million dollars in personally guaranteed debt and millions in private equity. I didn’t create a recession and my timing was really bad, and the consequences of my commercial projects will be with me for the rest of my life. So why am I telling you this at the risk of scaring you off and risking exposure? Well, there are actually several reasons, each of which will be of value to you. 1. I took a big hit, but nothing like that. It will pass and I will survive and come out on the other side much stronger and wiser than when I entered. The most successful people you know have suffered great failures and overcome them. Using Donald again … from 1.5 billion in a hole to a multi-billionaire. They can’t take what we know, and once you learn to make big money, it stays for a lifetime and you just keep getting smarter and smarter. More on that in a minute. 2. This is a truly extraordinary time for all of us to take advantage of the biggest real estate decline of your life. This is a great sale right now at prices that even I can’t believe. Commercial real estate is taking such a bloody bath that almost anyone armed with the basic information to buy and manage real estate can make a lot of money … seven figures. I see smart people creating huge super profits from bottom feeding as they develop. Here are a few examples that I personally know or participate in …
A retail project I had in Texas was valued at $ 12,500,000 in 2005, and the banks that bought it sold it for $ 500,000, which took them 3 years. The warehouse project that we bought in 05 and valued at $ 11,000,000 has not yet sold for $ 2,000,000 and is in much better condition than when we bought it. I just made an offer for an apartment complex at $ 10,300 per unit, which was valued at $ 44,000 per unit five years ago. A fully equipped restaurant building in the upscale Jacksonville neighborhood worth $ 5,000,000, built about four years ago, dropped to an asking price of $ 1.9 million and remained unoccupied for two and a half years … so far away. The lots we sold in Myrtle Beach in 05 and 06, with multiple valuations of over $ 400,000, were sold in a bankruptcy auction for $ 41,000 each. The house on one of them, worth $ 1.6 million, was sold for $ 275,000. Fully developed housing projects, ready to build homes across the country, were sold by banks for twenty-five percent of the development cost, including two of mine. More than 40% of shopping centers in some cities are owned by banks and will sell for a fraction of the 2005 cost. Office buildings are easy to find for half the construction cost or less. Ready to sign up? 3 days with Ron and his teachers is like a quick start school but this is for commercial real estate. REGISTER NOW Lord, Ron, you depress me – Enough! Okay, I’ll admit it’s depressing, especially if you accept it as I do. But if you’re on the sidelines looking for an opportunity and know how to buy or control those assets without risking you, the movie is much more fun to watch. Now you are becoming a predator, not a prey. You are in control, not a slave to circumstances, and you can build tremendous wealth from what you know, not from your credit or capital. I can teach you these things and will do it in one commercial boot camp that I will do this year if you have an interest and really want to create life-changing wealth with commercial real estate. But Ron, you just told me you lost a fortune, and now you’re offering to teach me. Aha! – First of all, before you lose a fortune, you must earn it. That’s exactly what I did. – Secondly, who better than you can teach what should not be done. I doubt that you know anyone, and if you do, they will not strip their souls and share the good, the bad, and the ugly. I WILL DO IT! Here are some things that I will cover How to find good deals and quickly discard time wasters. Just for the record, you only need one to set you up for life and you won’t spend a lot of money, if any, looking for good deals. We’ll go over all the possible types of trades and discuss how to value them, what will kill the trade, what facts you need to move forward, and why. We will cover uncultivated land for residential and commercial development as well as apartments, office buildings, strip malls, office warehouses, industrial buildings, mobile home parks, special purpose buildings and more.
You will see how and when I plan to exit each property type, how it determines my purchase offer and why some deals work and others don’t. We will cover all types of property financing as well as all types of financing: bridge financing, hard money, seller financing and bank financing. It may or may not be regression. We’ll use real-life examples on each of them and dissect them like a frog in an anatomy lesson. Funding is the key to success or failure, and without that missing piece, you will lose a fortune, but with it, you have the keys to the vault. You need to know how to structure deals so that they can be funded, but that doesn’t mean you’ll suck up to the banks. More cool things you will learn You will learn about things like marginal rate, debt-to-income ratio, internal rate of return, and other fancy jargons, which I will translate into layman’s terms and show you why they are important to lenders and investors. We will tell you about selling large properties when it’s smart, when it’s not, how to sell and to whom. I’m the king of quick turnover, but I have to tell you something: When you can get a few million dollars out of a property by deferring taxes and then shedding monthly income like the Golden Goose, you have to think long and hard about selling. Well, this is exactly what you can do with many commercial properties and what you should do. But you have to know when to keep them and when to dump them. I will teach you how to manage a property and never talk to a tenant or waste time. If you’re going to keep them, you better take control of it, or you’ll be one of those motivated salespeople. You won’t get rich by driving. You will get rich buying. One very smart real estate guru once said, “The less I do, the more I earn. ”® You will learn how to make multi-million dollar deals inside your IRA if you are American, so you will never pay taxes on profits. I’ll show you how to customize your entities to do just that with a couple of simple yet strategic steps. We will also cover 1,031 exchanges for trades outside your IRA to save more and give the IRS less. I even have a couple of strategies for you Canadians and your RRSPs. I will cover all bases, provide the missing parts, prove my case, and then let you go so you can conquer the world or make a deal with us. Either way, it will be a lifetime experience and a one-of-a-kind opportunity. I’ll go through a few of my projects and show you the cool strategies I used to buy them and why I did it. You will see how I was grinding numbers, making a purchase decision, planning an exit, how I raised money, how I built a dream team for everyone who does not live in the same city, and … The Mistakes I Have Made So you don’t have to A lot of time will be spent raising capital and how to structure deals with as little cash as possible and multiple ways to make money without buying any real estate. You will see multiple profit centers on every trade and multiple exit locations so you can get out quickly or stay for big money. You will recognize my own patented technique that I use to become a land developer without buying land. In fact, you get paid $ 10,000 a month for each project, while other people do the work, and you get half the profit without any investment or risk.
You will make the owner of the land rich by doing what he cannot and does not want to do, and you will use the land to obtain capital, to pay you, and to do work to add value. Every word I just said is True, and I will give you consent to make it happen, and training to make it happen … on multiple projects at once. We will discuss how to structure a buying business and the lessons I learned when hiring partners who will serve you in any endeavor. I’ll teach you how to insure a partner’s work and stay out of court when they don’t, using simple strategies that cost me at least $ 250,000 in legal fees. My hard lessons, drawn from 30 years of experience and willingness to share them, will save you a fortune and make you one of them if you listen. Ready to sign up? 3 days with Ron and his teachers is like a quick start school but this is for commercial real estate. REGISTER NOW Meet My World Class Teacher I invited three friends to share their experiences with you, and they are the best in their field, and all this should interest you. Lance Edwards Small King’s Apartments Lance Edwards is living proof of his mantra that you don’t have to “go” from one family to multi-family — you can start with multi-family. Lance bought his first deal (a four-room apartment) in March 2003 – nothing fell. Over the next 2 years, he continued to buy 50 nothing-down units on a part-time basis while working in his full-time corporate job. In July 2005, Lance retired from his 20-year corporate career to start full-time in the real estate business, which acquires multi-family properties. And now he teaches others how to quickly create financial freedom with apartments without using any of his own money. Last year he bought 10 one-family and 50 one-off apartment buildings – all nothing down. Most recently, he shut down 56 – apartment properties – again without using his own money. Scott Meyers King of Self-Preservation Scott is the undisputed self-service champion with hundreds of units worldwide and he makes it such a small business. He has a very unique way of acquiring and financing his divisions, and they all run on autopilot. These things are cash cows, and the worse the economy gets, the better this business gets. Scott will take you behind the curtain and reveal the real facts, and you will understand why self-service is one of the fastest growing real estate segments and how to retire with them. Jack Bosch Land Man This guy has bought and sold over 7,000 plots of land. It’s not a typo … seven thousand. I’ve never seen anyone do what Jack does with the Earth, and his unique business was discovered by accident while buying houses. If you want to make some easy money and get free land, you won’t sleep after Jack leaves. By the way, all of this is done on autopilot, and you don’t need to get involved in all the costly entanglements of land and development, construction, zoning or city council meetings. Jack walks in and out quickly, never touching or visiting the ground. This is really cool.
In the Internet Marathon This activity is meant to teach you things that you will never learn from anyone living, but it also turned into a deal. Before it starts, I will get a call to help you find some good candidates to bring to class, and I will bring qualified staff to go through with you. We’ve created a lot of good deals this way, and maybe we can lead you to your first one. We will prepare a letter of interest for the class if you would like to make an offer after we have analyzed it. You will receive all agreements for the purchase and sale of buildings or land and how to use them. In the worst case, you will learn a lot by proposing. At best, it will be accepted. No extra charge to try. You and the whole class will see me analyze your projects and mine. financing This is my specialty, but I admit that some of your best deals will require a loan from some lender if you want to take it this far before you leave. I will have several contacts with lenders for various purposes, carefully selected by myself and the teachers who use them. exit This is actually the easiest part if it is profitable, but as I said earlier, I will try to dissuade you from doing it first. There is always a market for buying income streams, but they are more difficult to build than to sell. You will see my retirement plan for you, and only one project can do it. Okay Ron! Will I have to mortgage the house to pay for it? – No! A few years ago, this event cost $ 5,995 and it was complete. You will receive this great value the very first day, and if not, just say so and walk away with a full refund. The cost has been drastically reduced in a short time to $ 3995, but take a look at the registration and build your own financing and discount plan. Sorry, no bonuses, no bribes, no tricks. If I have to resort to any of these to get you, I don’t need you. This is not for everyone. Who Should Attend You if you are interested in commercial real estate and think that I am qualified to help you build wealth properly. You, if you are already in commercial real estate and really want to make a ton of money and not watch everyone else get rich. You if you just want to buy your own office building or other business site without using your money. You, if you just want to see my projects and what I did wrong and what I did right. You, if you want me to work with you on a deal somewhere in the US or Canada, to make sure everything gets done right. Many of my current and past deals were made by students, and some of them were very good before the clouds darkened. Who shouldn’t be present Homebodies, whiners, complainers and those who seek everything for free and who are generally unhappy to be around. Anyone with such low cash flow, I would pick up groceries from the kids if you sign up. Feed the children. If I do it again, you can change your mind. Anyone who is afraid of his own shadow and does not have the courage to take out the trash without an escort. Commercial real estate is not for weaklings. You don’t need experience, but a little courage is required. Well, if I haven’t scared you off yet, you can sign up below and save more money on a special short window VIP offer. If you are Canadian then there is no PST, GST, HST or any other ST and we use US dollars so you can get another discount on the exchange rate. For your information, Canadians are ripe for this event. You guys are sitting on a goldmine across Canada and will have an unfair advantage over your competitors when you find out what I know. I will prepare your guide with my copyrighted forms and agreements, and we will spend three days discussing the life-changing secrets of making money. For your Quantum Leap signature-Ron-Legrand-complete Ron LeGrand P. S. there are substantial discounts for fast action and VIP groups. See registration below. P. P. S. I agreed to do it again. This will be your only chance. I only do this because many have asked. “I attended this boot camp just to keep my husband company (to be interested in his hobby). But now I’m hooked! Ron’s presentation caught my attention instantly. It is easy to follow even for a beginner, it is very exciting. Very funny! Discussing additional ways to buy and develop – from a traditional (boring) box – opened my mindset. Now I understand that we are living in a gold mine of prospects! I can’t wait to get started !! We both really enjoyed this weekend. See you again soon. ” Joanna Kilpatrick Bracebridge, Canada
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- Lectures 0
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- Duration Lifetime access
- Skill level All levels
- Language English
- Students 147
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