Craig

Michael: Thanks it was Data Quick I used thanks. Tough to age. Happy Holidays

Hi Everyone, Say does anyone have a good source for purchasing comps and deed information via the internet. As I recall there where a few companies offering a good product but I cant seem to locate. Looking to purchase a lake house that is 1/3 complete and the owner/ general contractor ran out of money and is getting a divorce, On another note I would like to take this time to wish everyone a happy holiday and wish everyone a great new year. Craig Warner

Just stopped in to say hi see whats brewing on the site. Craig in New York

I am looking to purchase tax liens via the internet. Before we make purchases I need investors to do drive by's on the properties and your opinion about what I send you to see. If your interested we can partner in the deal. If your interested send me an email via this forum and tell me the county and state you live in. Craig Warner Warner Properties Inc. 518-727-4279

Hi Michael, I haven't been watching the board lately and thought I would stop in and might offer some help to your subject "trying to get qualified buyers". Back 4 years ago when I attended a Robert Allen seminar (don't anyone get sucked into this waste of money) we had a speaker from he Dayton Ohio area who uses large items to draw clients in. If the deal is right he might even use a large screen TV, washer dryers etc. as a draw for getting good quanified buyers to the table. You can get older larger screen TVs for under a $1,000 without to much trouble at REX etc. For example you need to think of the statement "some money is better than no money". In these trying times many autodealers use this same red flag to increase sales. Blah Blah Blah. Just a thought if the numbers work in a bad time. Just as an update I have been doing my own thing using your LO nakedness and small development projects wrapped in Land Trust contracts. Been using my own contracts and Trustees to put the deals together. Burnt out landlords have been good deals, hold, rent and list the property. If it selles great if not wait the market out.

1. My biggest complaint is I can't help everyone. It just can't happen. 2. There is lots of BS'ers in this industry. Beware 3. There is tons of courses which are full of little and cost a lot. Beware

Has anyone used a service to establish a large line of credit for your corporation? I have a deal in the works which has been approved for a large line of corporate credit. All the service fees are being paid by a partner in the deal. I would be interested in talking to anyone experiencing this type of transaction or service?

The absolute best from what I know is. Make sure they are assets of a s-corporation. Put each home into a seperate land trust with each deed held by a out of state non profit corp. with you a the benefishary then have the corporation file for chapter 11 and go under if needed. I am in the process of buying a portfolio af 1.375 m through a corporate buyout out. I have run this sim idea through 2 differant Corp/real estate lawyers for developers. About 2 weeks from pulling the trigger on this deal.

I would contact Craig (the owner) or the Company he is very responsive to all concerns and a nice guy. Forgot why I emailed him and got a answer right away with a nice conversation. KIND OF LIKE A MICHAEL C. fellow.

Hi MC: I haven't been around lately but was interested in this conversation coming back to light. This area was always a concern for me. My thinking always was you arent ever selling the property your assigning the option to purchase the property. How in the world is a agent going to win the Brokering Clause when the house isn't selling until later on in the contract if at all? Maybe I just aint seeing something here... Currently I have filed a lawsuit against Elmira College on the daughters behalf in New York State Supreme Court. . And its not nice, its very expensive and I am determine to win my cause against the school come hell or high water. Its amazing what I learned over the pass 6 months about Private Colleges, the law and civil rights and due process. Some schools are free to take these basic rights away from all students when attending a Private College beleive it or not. My case is to be heard on May16th so we will see I am up against some big boys with deep pockets. Will need to transact lots of homes for this.

JD: The corp shell works good to protect you and your assets. If you also create a trust for each transaction it will create a rock solid shell. Lets put it this way I have never heard of a Trust that has been penertated. The trust has been used for hundreds of years with much success. The are very easy to set up, if you need the paper work I can point you in the right direction. Also if you want to use my corporation as a trustee we can arrange that. Also its smarter to use a out of state trustee and don't name the trust the address of the property. The trust is miss understood and is harder to convince the homeowner it helps them more than having a lawyer in their family but its very true.

Steve: You will do fine. You did everything smart to start. Now you can kick butt. Craig

I stumbled over this website which tracks the advertised rental rates for all cities, counties, nationwide. Seems to be close to what I was comparing the rates for. If you aren't fimiliar with a given area its a good start for data. Rental comparable data site

naaaaa MC is the "educator" I am just a student...although an "A" student Steve, Thanks for the information. I do use the site as a tool to educate but have slacked off on advertising do to the other tools that haven't produced as I expected.

Michael, would you kindly clarify this. Do you need to register for the service for information. Do you us only the 411 # I must have had to many beers watching New England set new records tonight. GOING ALL THE WAY. Making up for all those years of getting STOMPED on.

Hi Doug hope your holiday was great. It seems you have had similar to experiences as I have had. That was why I decided to ask other NAKED visitors what cards they deal. I am very interested in the results from the posting.

I have seen articles on educating the prospective seller to the advantages of Lease Options. I get many prospective sellers who say NO to lease options because they don't understand the process. They do see the time line which is required to complete the sell and its not always a sell. My question,how can we as consultants educate them without looking like a hard sell salesperson? Michaels brochure "Advantages of Lease Options" is simple and factual works good. Information CDS with a presentation might be a good mailer with follow up. What do other "NAKED BOARD MEMBERS" use to accomplish this hurdle? Steve, should have some good input here because he is a educator...

Steve, There is lots of information on self directed IRAs without tax penalities. The great thing about this is you can also use others peoples IRA to fund your deals to and give them a 10-15% percent return. Enclosed is a webpage Alan Cowgill that contains 3 articles linked at the bottom and a free audio which will open you eyes to another world of funding. Michael, Hope this link doesn't violate anything if so I can remove it and they can email me for the link.

Kevin, Thanks fpr information. If buying within the Corp. we still must personally back the loan. Does this affect my personal credit score even if in the low 700's?

This is true. As Michael stated, it's possible to spread your Lease Option love amongst ForSaleByOwner.com, but you'll have to be a lil' slick in changing your IP address. ...but I wouldn't know anything about that. I have seen software which hides your IP address.

Today I tried to reply to an ad listed on www.forsalebyowner.com. It appears they logged my IP address and have banned me from replying to the owner. I guess some sellers think lease options are spam as simple as they are. I even used another email address but it looks like they are one step ahead of me this time. Has anyone found a work around to this website? Craig

Pure Options work in a HOT (res) market. In a slow market I would look for Pure Options in commercial property as this market does pick up (I don't know why but thats what they say). Look to sell your Pure Options via Tom Luciers methods and books. I would lean more to MC's Lease Options or CA in this slower market. Great thing is you got a few tools in your box.

If you have signs just block the phone number off and add the inquire within. Nope, I'm currently in Arizona. Ilke the OPE acronym, cute. In Business you must always think this way OPE but always be a people person to. Listen Listen Listen. People love to talk about themselves too before they want to here about your.

Hi Rev: This marketing has worked great here. Signs don't last long here in New York because of investors and the Town Ordinances are tough.

The HUNK fooling with fire...