I remember when I first started real estate investing… I was learning about No Money Down/Buying Owner Financed Homes, Buying Preforeclosures, Flipping Properties, etc. I sucked up every bit of information I could get my hands on.
As of this time, I have been to Steve’s Bootcamps, have his Business in A Box course, have his Wholesaling for Quick Cash Course, and his Rehabbing for Big Bucks course.
Here is an Overview of what is included in the Wholesaling for Quick Cash Course:
A sizeable, 330+ page step-by-step manual (See my Manual Review)I want to tell you a little bit about what is in Steve’s Wholesaling for Quick Cash course in this review.
Audio CD: Quick Start Audio
Audio CDs: “Answers to Your Top Wholesaling Questions”
Audio CD: “The Art of Deal Structuring”
Audio CD: Interview with Bob Johnson
Complete Forms on CD ROM
Forms Videos: Step-by-step walking through how to fill out wholesaling forms on forms disk.
Special Report: “Guide to Setting Up Your Office”
Special Report: “Steve Cook’s Guide to Goal Setting and Action Planning
The introduction talks a little about Steve’s background in the restaurant business. Right off the bat, we also learn something else. Everybody is human, and human’s make mistakes. Steve made his share and manged to jump right back onto the wagon.
Ethics and Morals
Well, we start off with some Ethics and Morals. I know…sounds a little hub-drub, and it probably is. But you know, after being in the game this long…I realize that everyone starts out looking to make a buck or two, but you ultimately need to be able to do it without selling out your soul. That’s where many fail. Steve nips it in the bud right here.
Advantages/Disadvantages for Wholesaling
One advantage that is obviously discussed: how fast you can make some money. He also discusses the evolution of being simply a wholesaler, to an investor.
How to Get Started:
Steve mentions right off the bat a Bible verse: Proverbs 14:23. All hard work brings a profit, but mere talk leads only to poverty.
I can’t tell you how often that has been the case in my life. Don’t talk. Just do it.
Steve discusses whether you may want to start out as a Birddogger instead of a wholesaler first (he did !). Then he moves into analyzing neighborhoods. Frankly people, this is where I find many investors getting it wrong. I’m telling you, a lot of hoods look like great cashflow generating commodities, and then you realize…whoops…I was wrong a couple months or years down the road. Even to this day, if I’m buying a property to use a rental property, it is still going to be at least a zone 3/4 property. (Don’t know what this is ? Get the course.)
Building Your Team and Working With Agents
Steve tells you who you need to have on your team, how to get them, and how to work with them for maximum profitability.
Private Lenders
Steve talks both about Hard Money Lender’s and why they can be the wholesaler’s best friend. (You need them in your corner to cash out your buyers). He tells you step by step how to do this.
Settlement Companies/Attorneys
- Not all attorneys are created equal
- Expecting service-what happens
- Pricing
Ahhh…then we start getting into the nitty gritty (if that wasn’t enough).
Repair Costs/Estimating
Let me see, if Steve saves you a fraction of your repair costs, it will be worth the cost of this course.
Reminds me: I don’t have my financial calculator with me, but I can attribute over $50,000 of net profits to this one course. ROI…?? Don’t know…but it sure beats stocks!
Locating Opportunities
Estimating Values
Estimating Repairs
Making Offers
Getting it to Closing
Building a Buyers List: PS: For the best service on Building a Buyers List, Click Here for FREE Trial.
Assigning the Deal and Making Non Assignable Contracts Assignable. How do you do that ?
I hope you enjoyed this review.
The course is thorough, complete, and has made many people in this country a handsome return. I’ll have my review on steve’s rehabbing course done next week. (It’s my personal favorite
Brandon