How to Create Multiple Streams of Income Buying Homes in Nice Areas With Nothing Down!

282 Pages·2003·2.7 MB·English

by  Joey Mauldin

Here’s your copy of my best selling book: 
“How to Create Multiple
Streams of Income
Buying Homes in Nice
Areas With Nothing
Down!” 
(Simply click on the menu to 
the left to read the book.)
Un-Advertised Bonuses
Free Video Trainings:
How to Buy Commercial Properties
Without Cash or Credit
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Copyright © MMXII Mentor Financial Group, LLC
800‐952‐9585
HOW TO CREATE
MULTIPLE STREAMS
OF INCOME
Buying Homes in Nice Areas With
Nothing Down
Peter Conti
“This publication is designed to provide accurate and
authoritative information in regard to the subject matter covered.
It is sold with the understanding that the publisher is not engaged
in rendering legal, accounting, or other professional service.
If legal advice or other expert assistance is required,
the services of a competent professional
person should be sought.”
From a Declaration of Principles jointly adopted
by a Committee of the American Bar Association
and a Committee of Publishers.
All rights reserved.
Copyright © 1999, 2007 by Peter Conti.
This book may not be reproduced in whole or in part
by mimeograph or any other means without permission.
For information: Mentor Financial Group, LLC,
7475 West 5th Ave., Suite 100, Lakewood, CO 80226
[phone]
www.MentorFinancialGroup.com
Cover and book design by Robert Aulicino
ISBN: 1-893384-15-2
Library of Congress Card Number
00-191529
Printed in the united states of america
10 9 8 7 6 5 4 3 2 1
D
EDICATION
To my incredible family, for putting up with all the travel
and for supporting me as I live the life of my dreams helping
others to become wealthy investing in real estate. To the
Mentor Team, for helping others make their dreams come
true. And to Dad, thanks for everything, especially when I
feel loved by you.
—PETER CONTI
iii
A
CKNOWLEDGMENTS
Together, we would also like to say thank you to the
following people who have been instrumental in the
completion of this book:
Darcy Birkeland, Theresa Buck and Renata Burgess, who
are not only incredible people but also very talented.
Paul Bauer, whose help editing the content of this book
was extremely valuable and will help so many readers be
more successful.
Barbara Giles, who helped uncover all those pesky little
mistakes of spelling and grammar.
To the Real Estate Investor Associations, who help the
average investor become so much more.
To our students, whose trust and faith in the system has
been humbling. We admire your determination and are
thrilled with your success. Thank you for being the literal
laboratory to fine-tune all of these ideas.
To all of you, we want to again say thank you for the
hours you’ve toiled so this book could touch the lives of
hundreds of thousands of people.
iv
C
ONTENTS
FOREWORD
A New Way of Investing in Real Estate.................................10
INTRODUCTION
The Challenge.................................................................................12
OVERVIEW
An Armchair Tour Of Exactly What
You’ll Learn From This Book..................................................16
AUTHOR
Mechanic to Millionaire............................................................... 26
SECTION #1
How to Create Multiple Streams Of Income Buying
Homes In Nice Areas With Nothing Down!.....................34
The Four Pitfalls of Traditional Real Estate Investing......37
The Secret of Nothing Down Deals..........................................47
How to Lower Your Effective Risk to Zero............................ 52
How to Sidestep The Landlord Trap........................................54
Creating Multiple Streams of Income...................................... 56
Most Peoples Biggest Fears (And why it means you’ll
probably end up making twice as much money)........... 57
v
SECTION #2
How to Find Motivated Sellers...................................................64
The Seven Reasons Why Motivated Sellers Sell...................66
How to Turn Your Telephone Into the Biggest
Money Maker of All: Calling Property
Owners in the Classified Ads..............................................78
How to Find a Motivated Seller in
Two Minutes or Less!...............................................................80
Stair Step Wealth Building System...........................................90
How to Select and Develop Your Farm
Area for Fun and Profits........................................................96
How to Develop Money-Making
Relationships With Real Estate Agents............................100
SECTION #3
The Instant Offer System
How to Get Sellers to Say “YES!”
to Your Creative Offer...........................................................104
The Magic Formula for Getting Motivated
Sellers to Admit Their Real Problems..............................111
What Should You Offer The Seller?........................................117
SECTION #4
How to Find Hungry Tenant-Buyers......................................122
The 12 Steps You Need to Take
to Find Your Hungry Tenant-Buyer — Fast!................129
The Four Fastest Ways to Advertise
Your Properties........................................................................135
Splitting up the Pie: How to Know
How Much Profit to Keep for Yourself...........................141
How to Create a Ready Reserve of
Hungry Tenant-Buyers..........................................................148
vi
SECTION #5
Seven Fun, Easy Ways to Make Up to An Extra
$100,000 This Year Investing in Real Estate.................156
The Benefits of Different Purchase
Option Techniques..................................................................159
#1: The Lease Option................................................................161
#2: The Equity-Split Technique............................................163
#3: The Cash-Flow Technique................................................166
#4: Owner Carry Technique..................................................169
#5: The Big Money Cash Close..............................................169
#6: Quick-Cash Technique......................................................170
#7: The Discount Technique..................................................172
#8: Bonus Technique—The Master Lease Option...........174
A Quick Review of Purchase Option Techniques.............178
SECTION #6
How to Find, Close, And Structure Money-Making
Purchase Option Deals:
Real Life Examples of How Other Investors Have Done it
(And How You Can Too!).......................................................181
Case Study #1: $13,844 in Profit...........................................182
Case Study #2: $14,420 in Profit............................................185
Case Study #3: $15,000 in Profit............................................185
Case Study #4: $43,962 in Profit...........................................189
Case Study #5: $30,000 in Profit...........................................192
Case Study #6: $26,714 in Profit............................................193
What Other Students Are Saying About Investing
in Real Estate Using the Purchase Option System......197
vii
SECTION #7
Unlimited Wealth...........................................................................201
Beyond Unlimited Wealth.........................................................207
Wealth is More than Money......................................................207
Helping Other People..................................................................207
Giving to Your Loved Ones........................................................208
Freedom..........................................................................................209
Security............................................................................................210
Certainty..........................................................................................211
Closing Thoughts.........................................................................212
APPENDIX A:
Free Investing Tools....................................................................214
APPENDIX B:
Success Library.............................................................................225
APPENDIX C:
A Final Letter From Peter Conti..............................................267
viii
”What Would You
Attempt If You KnewYou
Could Not Fail?”
9