Real Estate Investing: Foreclosures, Flipping Houses Profits
4.4 (127 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
13,231 students enrolled

Real Estate Investing: Foreclosures, Flipping Houses Profits

How to Start Your Real Estate Investing Business the Right Way! Follow Jay Conner's Proven Systems and Success Formulas
4.4 (127 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
13,231 students enrolled
Last updated 1/2019
English
English
Current price: $139.99 Original price: $199.99 Discount: 30% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 2 hours on-demand video
  • 2 articles
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Understand the fundamentals of real estate investing
  • Know how to evaluate contractors
  • Understand how to evaluate a deal
  • Be competent in evaluating the ROI of a real estate investment
  • Know how to pick a "Real Estate Investor Friendly" Realtor
  • Understand the important of building a team
  • Know the best ways to finance their real estate projects
Requirements
  • Computer
  • Understanding of ROI
  • Willing to take action
  • Good attitude
  • Willing to be of service
Description

With 15 years experience investing in homes in his small (Pop. 9,768) town of Morehead City, North Carolina, Jay Conner has perfected systems which anyone with persistence, determination and willingness to work can do.

Real estate investing is one of the tried and proven paths to wealth. Ninety percent of millionaires used real estate as at least one of their paths to making their fortune. For the average investor, real estate offers the best way to develop significant wealth.

This foundational course covers:

  • Why real estate?

  • How to fund your investment

  • What is Hard Money

  • How to find Private Money

  • How to use Other Peoples' Money (OPM)

  • The best places to find houses to buy

  • FSBO's

  • Foreclosures

  • Probates

  • How to turn your investment into profits

  • Rental Income

  • Flipping

  • Wholesaling

  • And much more....

Plus, Jay shares his biggest mistakes, Case Studies of deals averaging $67,000 per deal.

Start your real estate investing career on the right foot, enrol today!

Who this course is for:
  • Experienced Real Estate investors who are not making the income they desire
  • Inexperienced Real Estate investors who want more success and higher profits
  • Entrepreneurs who want a new profitable stream of income
  • Regular folks who want to make extra money
  • Anyone with a full time job that wants to get out of that job or make a second income
Course content
Expand all 27 lectures 02:13:25
+ Introduction
4 lectures 20:41

Jay Conner, The Money Authority, is a successful real estate investor with over 15 years experience. In this course he shares the foundation of profitable real estate investing.

Preview 02:21

Jay shares his top reasons for investing real estate.

Why Invest in Real Estate?
05:44

What is the mindset for success in real estate investing? How you overcome Fear.The importance of having a great mentor. Recommended reading: As a Man Thinketh.

The Success Mindset for Real Estate Investing
05:52

Why are you working 24 hours a day when you could be living the lifestyle you desire? Without a team, you will just be creating another J.O.B. and doing tasks you will dislike immensely.

Preview 06:44
+ Funding Your Real Estate Investment
6 lectures 23:44

Should you use your own money to fund your real estate investments?

Preview 03:05

Why your local bank is a poor choice for financing your investments.

Option #2: Your Bank's Money
03:20

Hard money lenders only advance you 75 -80% of your purchase price, not including renos. Interest rates are far higher.

Option #3: Hard Money
03:29

Jay talks about a very specific strategy for seller financing.

Option #4: Your Seller's Money
03:15

Buying a house using this method can be one of the most profitable ways to invest in property.

Option 5: "Subject To..." Deals
04:26

Private money is Jay's favourite way to fund real estate investments.

Option #6: Private Money
06:09
+ Real Estate Investment Opportunities
7 lectures 39:21

There are so many opportunities that you can easily be overwhelmed by them all. It is very important to focus in on one area.

Introduction
04:08

There are four opportunities to buy a single family dwelling that is going through the foreclosure process.

Foreclosure Process
06:41

Probates offer excellent real estate opportunities. Reaching out to people who have property in Probate. Jay shares an easy way to uncover probate leads. Jay shares his lead generation process.

Probates
07:17

Jay shares how real estate wholesaling works. This is a great way to get into real estate investing without a lot of money.

Wholesaling
05:43

FSBO- For Sale By Owner.
A lot of owners who Jay works with have not even thought of selling their property until they see Jay's marketing. The majority of real estate investors comes from FSBO's.

FSBO's
03:22

This is one way to exit your deal. A Rent To Own or Lease Purchase programs allow people with poor credit, or not enough money for a down payment,  to get a mortgage. This is one of the most profitable way to exit a deal.

Rent To Own
06:12

"Fixing and Flipping" is Jay's main real estate investing strategy.

1) What is Rehab?
People buy what they see and how it makes them feel. Everything looks and smells brand new. Jay has a contractor go in and redo the house. Countertops are always changed into granite. Landscaping the yard  is important.

2) Why Rehab?
Biggest profit potential. It takes a bit longer.

3) Success Tips
A) Aim for first time homebuyer only. The is the biggest pool of buyers.
B) No major Rehabs. No moving walls or foundations. Cosmetic changes only ; Paint, carpet, roof, etc.
C) Work with good contractors. Check the local Builder Assoc. monthly meetings to find them.

Rehabbing Houses
05:58
+ How to Locate Real Estate Deals
4 lectures 15:26

MLS: Multiple Listing Service

Establish a relationship with a local Realtor. The Realtor sends emails daily for bank owned properties, estate sales and short sales. You look for price reductions. And you want to know about them as soon as they are listed.

MLS
04:01

Ant Farms is people whom you hire that drive around your target neighbourhood looking for FSBO signs in front of houses and also looking for vacant properties.

Ant Farms
04:28

Bandit Signs are signs for drivers to read as they drive around town. The sign is easily read. They are for finding motivated sellers or buyers for the rent-to-own market. Jay shares how he uses these signs effectively.

Bandit Signs
03:58

Landlords burn out and get tired and want to get out of renting their houses and apartments.

Tired Landlords
02:59
+ Case Studies
3 lectures 30:44

Jay Conner talks with Greg Ul\mar about a recent real estate investment.

Rent To Own Case Study with Greg Ulmar
08:01

Foreclosure Case Study with Jay Conner and John Merriweather

Foreclosure Case Study with Jay Conner and John Merriweather
05:31

Today, Jay Conner talks about his latest real estate deal ($70+K Profit) on Quailwood Court in North Carolina.

Discover how he found the house along with seven important lessons he observed as he went thru the process of acquiring and closing this deal.

Lesson One: Get your realtor is send you automatically all the new bank owned properties and any houses with price reductions.

Lesson Two: Have your realtor watch the "Hot Sheet". They receive any price reductions on MLS. This is a back up to lesson one.

Lesson Three: Time is of the essence. If you snooze, you lose. Once you determined that the property meets your requirements, you get out to look at the house and estimate repairs. Hot deals will get multiple offers fast.

Lesson Four: Accurately estimate repairs, so there are no surprises. Able to make an offer on the spot

Lesson Five: You must have your funding lined up before you make the offer. Jay offered to close all cash within 7 days of acceptance.

Lesson Six: Second chances ARV - $290K Repairs: $20K

  • Offered: $190K

  • Owners asked for highest and best offer

  • Offered $195K

  • Another offer was accepted.

  • Realtor continued to monitor the house.

  • A week later the house came back on the market.

  • Offered $190K again. No Contingencies. Accepted in 2 hours.

Profits: Over $70K

Real Estate Cashflow Conference

http://bit.ly/jaymoneypodcast

Anatomy of a $70K (in profits) Real Estate Deal
17:12
+ Wrap Up
3 lectures 03:29

You can help your fellow students by leaving a Review of this course. The Review lets your fellow students make the decision to take the course or not. It helps them understand how your experiences in the course helped you become more charismatic, and then they can decide if they want to follow in your footsteps.

Help Your Fellow Students
00:14

Jay talks about his real estate strategies and what lies ahead for you.

Next Steps
03:08

Discover how to tap into Jay's mind to put together deals in real estate with no Banks, no Hard money and no problems.

[Bonus] Free Real Estate Conference
00:07