[Vivian Williams]

Vivian Williams

congrats Jackie on another master lease property. I am curious of how you are proposing the master lease concept to sellers?

[Vivian Williams]

Vivian Williams

Jackie or others.. for owner financed deals, how do you get around the fact that the owner of the property wants a downpayment and you may not have that amount?

[Vivian Williams]

Vivian Williams

Funny you should mention. I might have an opportunity for a HBS in california. I need to get more info from seller before I would propose it. property is vacant. value est. $1.3m. based on your vast experience doing HBS, is it easier to do one for Highest Price or Highest Downpayment for higher end homes?

[Vivian Williams]

Vivian Williams

hmm, hard to get homes that low of FMV unless the home needs lots of work. due to the severe housing shortage here, homes are getting multiple offers within days of going on the market, often selling in some areas more than asking price. In such a situation, could i offer to split the profit anything over say 80-85% of FMV with a seller?

[Vivian Williams]

Vivian Williams

Ok, I would assume that since land is sold via auction, that it is possible to do the same with HBS or some auction like modification.

when you did the HBS on mobile homes any thing you added or deleted from detached SF homes?

[Vivian Williams]

Vivian Williams

I know of a guy here in southern california who has done 6 HBS, 5 sucessful sales. he said that he is getting between 92-94% of what he feels is true market value.

If that is the case, I would need to option/control at probably no more than 85% of true market value for a decent profit margin. I would take a 5-8% profit margin on $300k and up homes any day of the week.

[Vivian Williams]

Vivian Williams

Thanks Jackie. what specific measures can we take to protect the interest of a homeowner if we elect to do a downpayment HBS. the greatest concern for sellers in that circumstance is what do i do if the person stops making payments

[Vivian Williams]

Vivian Williams

effective, low cost lead generation and seller negotiation

[Vivian Williams]

Vivian Williams

thanks don seems that you have some experience doing ML

let’s role play here:

im the seller and you are the ML buyer, what would you say to me that would get my ear to the benefit of doing a ML? I think that was the central question, panama preacher was getting at?

[Vivian Williams]

Vivian Williams

don, i believe that, you were the individual who was doing options for downpayments, how did that work out? were you able to get that through underwriting?

[Vivian Williams]

Vivian Williams

Great question. i too have wondered how to present a master lease option to a prospective seller.

[Vivian Williams]

Vivian Williams

Jackie, i misspoke, i found the older conferences calls

[Vivian Williams]

Vivian Williams

Jackie,

those calls are no longer on the website. i have checked each category. it seems that alot of calls prior to 2010-11 are no longer available. not sure why?

[Vivian Williams]

Vivian Williams

Vic

what is your contact info?

[Vivian Williams]

Vivian Williams

Jackie, will you also be sharing your new marketing technique here for cash flow members who do not attend the convention?

[Vivian Williams]

Vivian Williams

Jackie

tell us how your panama HBS fare?

[Vivian Williams]

Vivian Williams

Jackie, how long does it take to get paid or close the deal when doing a downpayment auction?

what is the most you ever got as a downpayment from a buyer?

[Vivian Williams]

Vivian Williams

jackie

please tell us how your HBS fared this past weekend?

[Vivian Williams]

Vivian Williams

ditto….. role playing and how to negotiate with sellers and buyers would be very helpful as would section on deal structuring.

[Vivian Williams]

Vivian Williams

im on a roll

if you go to http://www.khanacademy.org/ the author of this website has myraid of short videos explaining such topics as calculus, modern history, economics,etc.

it would be great if cashflow depot developed something along that line but pertaining to real estate investing. short 5-10 min videos showing and explaining how to create and sell a note, design a marketing pieice, etc….