I've been a wealth trainer for more than 15 years and I've found that there is a COMMON THREAD among every student of mine who never becomes successful.
What is that COMMON THREAD?
Not enough attention to the details and NO FOLLOW-THROUGH.
Many of the students I work with believe that they will read one of my books and suddenly they are "schooled" enough in being able to buy a multi-million-dollar real estate asset. They're not even willing to attend a seminar, mentorship group, or study my course materials yet they believe they're rippin' ready to jump into buying that first property.
Then...in the 11th hour, they back out. Some will get just inches from the finish line and they drop out of the game, detoured by fear (mostly because they didn't go deep enough in the learning process to understand what to do next), and then they recess into the mediocre life of what's always been. Never to become successful with anything.
I hope that does NOT include you. It probably doesn't because most of my students understand the value of learning everything they can before jumping into the big, bad world of real estate investing.
With that said, I have something VERY IMPORTANT to tell you about the rapid changes in our real estate market. You absolutely MUST listen to a short audio seminar that I have prepared for you. CLICK HERE to listen to it now. In fact, I highly recommend that you STOP all investing activity including looking for properties until you listen to this somewhat shocking new direction that I'd like to see you pursue for maximum cash flow potential.
CLICK HERE to find out what this is all about RIGHT NOW!
I have a few students making anywhere from $180,000 to over $350,000 per year as bird dogs as I mentioned to you before.
Stanley K. has been a student of mine since around late 2015 when he first got started. And he initially wanted to invest in multi-family property deals.
But...
Realized that he didn't want to go the 0% down route because the area he was farming in wouldn't allow for any cash flow on the deals he was looking at unless he put at least 20% down.
This is when he decided in 2016 to become a bird-dog. It was a rocky start at first, mostly because he didn't have the confidence in himself to do this.
"I think I was just telling myself that it wasn't possible," he later told me. "So after I got your course and went through your mentorship group on bird-dogging, I kind of threw it on the back burner. And that was a mistake."
This is the very same "replay" conversation I have with many of my successful students who will start the process by getting the education from me, then they'll throw it on the back-burner because they lack the confidence in doing this or life gets in the way somehow. Then my smart students will go back to it, go through the materials again, and will begin to implement it, throwing their fears aside in kind of a "what-the-hell-let's-do-this-and-see-what-happens" moment.
And for those students, many times they'll hit the jackpot in a big way!
In 2016, Stanley made a little over $36,000 since he started late that year. But in 2017 he made a staggering $213,000.
So, I had to ask him...Why the big jump from $36,000 to $213,000.
Stanley had this to say about it: "I didn't actually do my first deal until right after summer ended in 2016 because it took me that long to convince myself that I could do this. Then in 2017, all I did was work on deals. I kept my full-time job until I hit the $100,000 mark then I quit. And that happened in May of last year."
I further asked him EXACTLY how he works with investors and he said, "I just did everything you said to do about finding investors in the course and mentorship group that you did. It's was all there. I just had to finally get off sitting on my hands to start doing it."
Well said!
And my final question to him was what he was on track for THIS year. He said he's ALREADY SURPASSED the $213,000 he made last year BUT...he's going to take the last 3 months off this year (October 1st through December 31st) so he's guessing that he'll "only" clear just over $325,000 for 2018.
Still...not bad! CLICK HERE to read a quick report on exactly how Stanley and many other have been able to take advantage of this opportunity.
And, oh...
Here's the best part.
I have investors looking for deals right now and I want to connect you DIRECTLY to those investors ASAP. Including working directly with my star student, Andrew Shaw.
CLICK HERE right now to find out how to become a part of this.
I've had some of you sending me emails about how profitable bird-dogging works. Even some of you sending me deals without having the correct credentials to do so.
So, here is a little bit of a break-down on how this whole bird-dog or property scout thing works:
By definition, a bird-dog is someone who goes out to locate properties (mostly unlisted "pocket" listings) to hand over to an investors. And the bird-dog gets paid 1 of 2 ways:
Way #1: Getting a "referral fee" from the end-buyer, typically up to 3% of the final purchase price; this is generally paid at the close of escrow, sometimes before.
Way #2: Flipping the property -- through "paper reassignment" OR by buying then reselling the property to an investor -- at a higher price. For paper reassignment, this flip is done within 30 days usually. But for flipping, especially when using our sources for "extended transactional funding" PLUS our other money guy who can get you CASH FOR DEALS, you can flip your property in anywhere from a few days to upwards of a year. This means taking possession of the property, doing minor cosmetic upgrades (to get top dollar), filling vacancies, and THEN reselling the deal as a "turnkey investment" to hot investors.
Way #2 is the preferred and more profitable way in doing this business. This is how you will be able to make upwards of $150,000 to even much more than that each and every year doing this with only one or two deals per year.
Question/Concern #1: "I live in Southern California (or a place where properties are over-priced with low CAP rates and no inventory...so fill in the blanks on any other place that matches this). If I have to live near the property deals, I can't do deals as a bird-dog, right?"
Answer: WRONG! If you do Way #1 as outlined above, you can live anywhere and find deals far, far away from where you live. It doesn't matter where the deals are because you're getting a referral fee for finding the deal. Now, if you plan on flipping properties WITH doing rehab of ANY kind then it's helpful to be near the property to help orchestrate such deals. But...is it necessary to live in the same area still? Nope. Even when doing minor rehab you don't have to live in the same area of the property deal unless you plan on doing the rehab yourself which isn't recommended anyway.
Question/Concern #2: "Can't I just send you a deal and get paid a bird-dog fee without being part of your Bird-Dog Bonanza & Opportunity System with the Opportunity Card? If so, I'd like to send you this link from Loopnet on a deal I just found for you and you can send me a referral fee for it!"
Answer: No, NO...and F*** NO!! You cannot just simply send me a deal -- ESPECIALLY a freaking Loopnet or other online MLS listing -- and expect me to pay you for it. It's like you knowing that I'm in the market for a new car so you send me a link to my local dealership that you found online. And expect to get paid for it. That's just not how things happen in the real world, Bubba. This is the main reason that I REQUIRE my students to get the Bird-Dog Bonanza & Opportunity System. It's so you UNDERSTAND HOW TO DO THE BUSINESS without wasting either my or my investors' time. So you can actually get deals through our system and accepted so you DO get paid. And this is why only my Apprenticeship, Viper Wealth and Bird-Dog Bonanza students are ONLY allowed to submit deals; all of these groups of students understand how the process works, understand the deals we are looking for, and understand how to submit the deals. Without this basic understanding, you won't get anything accepted.
And as a SECOND note to the stupidity surrounding that question/comment, why would I pay you to send me a Loopnet lead when either myself OR my investors can find such a deal ON THEIR OWN without your keyboard and mouse-clicking wizardry to "help out" in the process of finding deals. There is nothing unique or special about being able to use your computer and internet connection to go to Loopnet.com or CityFeet.com to find deals. Sorry. But nobody deserves to be paid anything for sending an email with a Loopnet.com lead in it. And anyone who does needs their head examined for severe damage.
Listen, in MOST areas of the country real estate inventory on the commercial level is VERY LOW. So investors working their tight-niche areas already know EVERY PROPERTY listed on the MLS in their immediate property farming area. And in many instances -- myself included -- us investors know each property by heart including property address, amount of units, unit mix, and occupancy level for each property listed on the MLS in our farming areas. So...needless to say, you're not going to be bringing anything mind-blowing to the table if you tell me or my investors, "Hey, look at what I found on Loopnet.com." Guess what? We already beat you to it the second that property hit the MLS so you're not doing us any favors by doing the "heavy lifting" with your fingers on the keyboard.
You must bring something else to the table. Something better.
And here's how you're going to do that:
I have some incredible ways of finding deals that ARE NOT on the online MLS. And since the market is so tight -- meaning that inventory in most areas of the country is very hard to come by -- this will make you in VERY HIGH DEMAND as a prolific and successful bird-dog because YOU will know EXACTLY HOW to find deals while everybody else -- investors especially -- are scrounging around looking for deals day in and day out.
CLICK HERE and I'll explain how the rest of this process works and how you can become a bird-dog for my investors ASAP!
See you at the top!
Your mentor,
Monica MainI've had some of you sending me emails about how profitable bird-dogging works. Even some of you sending me deals without having the correct credentials to do so.
So, here is a little bit of a break-down on how this whole bird-dog or property scout thing works:
By definition, a bird-dog is someone who goes out to locate properties (mostly unlisted "pocket" listings) to hand over to an investors. And the bird-dog gets paid 1 of 2 ways:
Way #1: Getting a "referral fee" from the end-buyer, typically up to 3% of the final purchase price; this is generally paid at the close of escrow, sometimes before.
Way #2: Flipping the property -- through "paper reassignment" OR by buying then reselling the property to an investor -- at a higher price. For paper reassignment, this flip is done within 30 days usually. But for flipping, especially when using our sources for "extended transactional funding" PLUS our other money guy who can get you CASH FOR DEALS, you can flip your property in anywhere from a few days to upwards of a year. This means taking possession of the property, doing minor cosmetic upgrades (to get top dollar), filling vacancies, and THEN reselling the deal as a "turnkey investment" to hot investors.
Way #2 is the preferred and more profitable way in doing this business. This is how you will be able to make upwards of $150,000 to even much more than that each and every year doing this with only one or two deals per year.
Question/Concern #1: "I live in Southern California (or a place where properties are over-priced with low CAP rates and no inventory...so fill in the blanks on any other place that matches this). If I have to live near the property deals, I can't do deals as a bird-dog, right?"
Answer: WRONG! If you do Way #1 as outlined above, you can live anywhere and find deals far, far away from where you live. It doesn't matter where the deals are because you're getting a referral fee for finding the deal. Now, if you plan on flipping properties WITH doing rehab of ANY kind then it's helpful to be near the property to help orchestrate such deals. But...is it necessary to live in the same area still? Nope. Even when doing minor rehab you don't have to live in the same area of the property deal unless you plan on doing the rehab yourself which isn't recommended anyway.
Question/Concern #2: "Can't I just send you a deal and get paid a bird-dog fee without being part of your Bird-Dog Bonanza & Opportunity System with the Opportunity Card? If so, I'd like to send you this link from Loopnet on a deal I just found for you and you can send me a referral fee for it!"
Answer: No, NO...and F*** NO!! You cannot just simply send me a deal -- ESPECIALLY a freaking Loopnet or other online MLS listing -- and expect me to pay you for it. It's like you knowing that I'm in the market for a new car so you send me a link to my local dealership that you found online. And expect to get paid for it. That's just not how things happen in the real world, Bubba. This is the main reason that I REQUIRE my students to get the Bird-Dog Bonanza & Opportunity System. It's so you UNDERSTAND HOW TO DO THE BUSINESS without wasting either my or my investors' time. So you can actually get deals through our system and accepted so you DO get paid. And this is why only my Apprenticeship, Viper Wealth and Bird-Dog Bonanza students are ONLY allowed to submit deals; all of these groups of students understand how the process works, understand the deals we are looking for, and understand how to submit the deals. Without this basic understanding, you won't get anything accepted.
And as a SECOND note to the stupidity surrounding that question/comment, why would I pay you to send me a Loopnet lead when either myself OR my investors can find such a deal ON THEIR OWN without your keyboard and mouse-clicking wizardry to "help out" in the process of finding deals. There is nothing unique or special about being able to use your computer and internet connection to go to Loopnet.com or CityFeet.com to find deals. Sorry. But nobody deserves to be paid anything for sending an email with a Loopnet.com lead in it. And anyone who does needs their head examined for severe damage.
Listen, in MOST areas of the country real estate inventory on the commercial level is VERY LOW. So investors working their tight-niche areas already know EVERY PROPERTY listed on the MLS in their immediate property farming area. And in many instances -- myself included -- us investors know each property by heart including property address, amount of units, unit mix, and occupancy level for each property listed on the MLS in our farming areas. So...needless to say, you're not going to be bringing anything mind-blowing to the table if you tell me or my investors, "Hey, look at what I found on Loopnet.com." Guess what? We already beat you to it the second that property hit the MLS so you're not doing us any favors by doing the "heavy lifting" with your fingers on the keyboard.
You must bring something else to the table. Something better.
And here's how you're going to do that:
I have some incredible ways of finding deals that ARE NOT on the online MLS. And since the market is so tight -- meaning that inventory in most areas of the country is very hard to come by -- this will make you in VERY HIGH DEMAND as a prolific and successful bird-dog because YOU will know EXACTLY HOW to find deals while everybody else -- investors especially -- are scrounging around looking for deals day in and day out.
CLICK HERE and I'll explain how the rest of this process works and how you can become a bird-dog for my investors ASAP!
I have over a dozen investors that I've consistently worked with over a decade...a couple I've worked with for over 15 years. This doesn't include the more than 100-something investors who I consider to be serious players (since they all have a net worth in the tens of millions and above) that I have total in my network of investors looking for deals from my property scouts. Or what I like to call my bird-dogs.
Each investor I work with has a different set of criteria but they all have only ONE thing in common: they ALL want to get a huge profit on whatever deal is brought to them.
Of course, that doesn't help you unless you're part of my network of bird dogs who have been specifically trained to scout out properties for my "heavy hitter" investors.
Some of my bird-dogs make a consistent $250,000+ per year in fees. And that could very well be you if you simply understand what these investors are looking for and how to find these deals that they want.