PROFIT CENTER I

We have 3 profit centers:


  1. Wholesaling Ugly houses: locate a ugly house or a property that needs about $20,000.00 or more in repairs. You will place that property under contract for only $10.00. Once the property is under contract with your seller. You will list the property for sale on all the free sites. Including Facebook market place, craigslist, Zillow, etc.
  • Use the 1 page contract agreement with your seller
  • Use the wholesale assignment when you are selling to your end buyer
  • Note: you are the middle man in this transaction. You are connecting the buyer and seller.
  • 1 pay day

2.Wholesaling pretty houses: locate a pretty house or a property that needs $7,000.00 or less in repairs. If the property is $250,000.00 or less, and the subject property need $7,000.00 or less in repairs it would be considered a pretty house. You are the middle man connecting the Lease purchase / rent to own tenant buyer with the seller. Your fee comes from your end buyer.You are responsible for screening the tenant buyer. We use a company called https://www.tenantbackgroundsearch.com . If your seller is looking to sale there house within a year, you will need a tenant that can qualify within that year time frame.

a.Your job is to show your seller how selling there house on a lease purchase they will save more money.

b. Use your secret weapon (Cost to Sale Sheet) to show them there bottom line number if they sale traditionally.

If the seller sale through an agent it will coat them 6-7% in commissions alone.

c. Documents needed are ( Lease Option Memo - agreement between you and seller )

d. Document needed ( Lease agreement & Option agreement - tenant buyer document )

e. Document needed (Application receipt agreement - use this document for your earnest money once your tenant buyer is ready to commit.

3.Sandwich lease option: locate a pretty house that need 7k or less in repairs. You are going to shift the repairs over to your tenant buyer or discount the purchase price or have the seller fix the repairs if your buyers insist you guys repair the properties (same principle for wholesale lease option). We don't repair houses we don't own. When we are lease purchasing, wholesaling, wholesale lease option we are only controlling the properties.. We don't own these properties. So don't repair them. It's the seller job if they want to sale. In a sandwich lease you are taking over managing the tenant buyer and paying the mortgage. If you are taking on that responsibility, your offer to the seller should be the current mortgage payment. Don't pay anything extra. Your profit will come from the difference between the mortgage payment and the current rental rate in that area. Please check www.rentometer.com to check the current rental rate in your area.

Doc's needed:

a. Cost to sale (seller) Sandwich lease agreement (Seller)

b. Application Receipt (Buyer) Lease agreement (Buyer) Option agreement (Buyer)

c.Your job is to show your seller how selling there house on a lease purchase they will save more money.

d. Use your secret weapon (Cost to Sale Sheet) to show them there bottom line number if they sale traditionally.

If the seller sale through an agent it will coat them 6-7% in commissions alone.