Wednesday, March 3, 2010

Ron LeGrand's Work for Equity

Ron LeGrand Reveals His Favorite Way To Sell A House For Almost Retail Price, Do No Rehab And Have Buyers Waiting In Line!

For a lot of years now, I've been selling houses that need work without doing the work, and I don't mean wholesaling them.

There's a whole sub-culture of people who'd love to buy a home and are willing to do the work with their labor and purchase the materials at their expense while they live in the home.

This program I call "Work For Equity," and there are a lot of reasons why you should make it a part—a big part—of your exit strategies:

  • You don't touch the house or spend a dime on repairs, no contractors or costly delays and nothing to fix after the sale.
  • No need to raise capital to do repairs.
  • You get almost retail price, which could easily be five times your profit from a wholesale deal.
  • There are several income streams, not just one.
  • The houses will be sold well before you even find them when you learn to build a big buyers list, which is easy and free.
  • Your profits are at least twice that of a rehab and retail for cash deal and your taxes are half.
  • It works on all the bank owned houses out there, but also on all the deals you buy subject to or with owner financing that need work. There are a lot of these

     

    http://www.ronlegrand.com/catalog/details.cfm?itemID=60370&catalogid=3&usecache=1&pid=0/MEQ10ASM2



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