option flipping

"How to Find and Flip a Property In the Next 30 Days...Even If You Are Starting From Scratch..."

In this lesson I am going to show you how to setup a squeeze page that can capture buyer leads that come to your website.

We will cover all of the necessary steps you will need to take to complete this.

So...let's get started.

Step 1 - Getting a domain name

Click here to sign up for a domain name from GoDaddy.com

Video: Registering a domain name with GoDaddy

Step 2 - Start a $5/mo hosting plan with GoDaddy. You can opt for the free plan but they will display banners on your page. Nothing says "Successful Investor" like not springing for the $5/mo.

Step 3 - Download the squeeze page file to your computer
Right click, Save As... (then save to desktop)

http://www.mattgerchow.com/Aweber/propertysqueeze.html

Step 4 - Upload the squeeze page to godaddy

Video - Uploading a property to GoDaddy.com

Step 5 - Find a property that has sufficient equity for you to add $5k and place an ad in your Local paper to attract buyers. You can also try this on craigslist.org but they tend to frown on external links.

Sources may include:

- Craigslist
- Newspapers
- Calling the "We Buy Houses" signs and giving them your email
- Real Estate Investor Assoc. (REIA) Meetings

- Use your new domain name at the bottom of the ad like this..

- Tip: Make sure your domain is short enough to fit on one line.

The reason we do it like this is we have their interest with the area and they can make a decision based on the price but what they don't have is the price.

They will have to go to your website to get the price.

So, to get your site setup let's do the following...

Step 6 - Click below and sign up for an Aweber autoresponder account.

Next, you will probably want to watch the video again on how to set everything up.

If you want the easy way out, you can just include the phone and email of the original seller on the email you send out. This will build your buyers list for you simply for the cost of the ad and you never have to talk to anyone.

If you want to take it to the next level and actually make money on the deal, here is what you do.

Step 7 - Download the following option contract
Right click, Save As... (then save to desktop)

http://www.mattgerchow.com/option-contract.doc

Send this option contract over to the seller and...

Explain to them that you will not be taking their property off the market, just giving them an additional opportunity to sell it because you will be marketing it as well.

You are going to be investing significant resources in order to sell their property and you need to have written assurance that you will get paid when you bring a buyer.

Once you have the option back you have a few different options on how you can market the property.

1. You can advertise it by adding money on top of what they are asking.

2. You can advertise it at the same price that they are asking but negotiate a lower price with the seller beforehand.

The latter is a little more risky but it will get more buyers into your funnel. For your first deal, let's just ask the seller to discount the property by $2k and let's put some money in your pocket. As you become more savvy, you will be able to play with the numbers a bit.

Tip: Try not to option properties that have For Sale signs in front of them. A phone call to the owner might reveal your profit and kill the deal. Most wholesalers do not place "For Sale" signs because they are flipping the deal themselves.

That's it...

If you have questions on how to do any part of this, please feel free to email me. Please keep in mind that I have 3 companies and many, many web businesses that I support.

Responses will be limited to those that have purchased, "The New Rich in Real Estate course.

If you do not have a copy, you can download a copy by clicking here

Regards,

Matt Gerchow