Discussion Forum

Jim Hughes
Investor

Re:New investor wanting info on birddogging and wholesales and short sales

Thursday, August 02 2007 08:40 PM

DeWayne,

I am a mentor in the Elgin Area.  I have 27 mentoring student as of this message.

See the outline of my mentoring program below.


2007

JUMP-START FOR PROFITS
MENTORING PROGRAM
EIGHT SESSIONS

Objective: To Create a business of investing in houses profitably. Many new and existing real estate investors want or are investing now, buy don?t know the ?HOW TO? make a profit. This program is designed to teach each student how to BUY RIGHT, TURN RIGHT, REHAB RIGHT, MANAGE RIGHT and SELL RIGHT. The instructor will teach you how to invest successfully in houses. The student must do the work to become financially independent and or successful.


Who should take this course:
New Investors,  Experienced Investors, Part-Time Investors, or Investors who wants to be Full Time


Length of Course: Eight one & one half hour sessions
Subject Matter: Thirteen subject sections
Tuition: $1,800 up front and (balance of $1,800) fourth session


INSTRUCTOR ? JIM HUGHES

JIM?S  BIO:
Jim Hughes has been investing in single family houses with his brother Randy Hughes since 1969. Both graduated from Eastern Illinois University. Jim & Randy have purchased almost 200 properties during their tenure of investing. They are full time investors today.  Jim teaches a MENTORING  PROGRAM in the western suburbs of Chicago. Jim is a builder, rehabber, wholesaler, and manager of single family houses for investment.  Jim and Randy Hughes have authored the best two-day training camp for investing in single family houses in the country.  They appropriately named the course GET RICH BUYING HOUSES and teach it four times a year.

PROGRAM OUTLINE

SESSION SUBJECTS

I Business Plan
Proforma
Set Up Your Office

II Develop ? Farming Area
               Marketing

III Networking with Realtors, Investors, & Bankers

IV Make Offers
        Transactioneering

V Managing Your Property

VI Deal after the Deal Planning

VII Privacy & Asset Protection

VIII      Tax Saving Ideas
Continuing Education

OUTLINE OF MENTORING PROGRAM


Session #1

BUSINESS PLAN
Before anyone starts a business they must have a BUSINESS PLAN.  See attachment. Take the time to think it thru and create your own business plan and then email it back to me.

PROFORMA
I think you need to put together a several page PROFORMA illustrating to a banker, investor or future spouse what your game plan is for the house business.
See attached. As above complete it and email to me for review.

OFFICE
Set-up your office however small it may be. It is not important how fancy your office is now but that you have a place to go to each day to think about your next business move, problem or investment. Next start a three ring binder entitled FREEDOM PROPERTIES or whatever you want to name the business. But be careful what you name it as when you have several properties you will learn that you need to keep private, otherwise some gumshoe lawyer or lotto seeker will try to take you money away once they think you have accumulated some property. Don't put your personal in the name of the business   Start thinking privacy NOW. Drop your ego, and don't tell people how many properties you have in your investment portfolio.

Session #2

DEVELOP ? FARMING AREA
This is one of the most important areas of the real estate investing business. Your technical knowledge of the House Values and Rents in a given area is essential in knowing what is a good deal when presented by a seller.  You also need to know what trends are occurring in the areas you prospect for houses  so  you have appreciation at the maximum rate for your net worth.

MARKETING
The marketing effort and skills you develop for your business will make the difference between failure and success. You will learn many different techniques for attracting sellers to you direct.  You will learn how to get sellers to call you first before they contact anyone else.



Session #3

NETWORKING with REALTORS, INVESTORS & BANKERS
Networking is an intricate part of the investment process. You will learn many different networking sources to draw the right people to you to feed you investment
properties that make financial sense.  You will be surprised with the many different
components of networking.  You will learn how to implement them.

Session # 4

MAKING OFFERS
Nothing gets done until we make offers.  All of us need a system to continue making offers as frequently as daily.  The very successful investors in this business make multiple offers weekly or daily depending on their strategy and need for new inventory. The real wheeler dealers are out making offers as frequently as possible. They know that offers=success.  

TRANSACTIONEERING
Most of us learn marketing tips to encourage sellers to call us or respond to our signs ?WE BUY HOUSES?.  But when it comes to structuring a deal that fits both the needs of the seller and the investment needs of our program, a number of investors stop dead in their tracks. You will learn how to stretch the mind on each deal and take a potentially dead deal to a profitable live deal.  Learning how to set up an offer that can be accepted is as important as getting the seller to call you.

Session #5

MANAGING YOUR PROPERTY
This is the pathway to independent wealth.  The leverage you can achieve managing the RIGHT type of property can be amazing. Example,  you could successfully manage 25 houses in only 25 hours a month.  You will learn the techniques necessary to successfully manage multiple houses and grow your net worth exponentially.   Remember management is BAD without the proper skills and GREAT with the techniques of a successful investor.

Session #6

DEAL AFTER THE DEAL PLANNING

Most of us investors have a tendency to get so excited when we land a good deal that we forget to think about what we are buying the property for and what will we do with it in the future.  This session is designed to help you look at a property with the end in mind. What are you going to do with it now and what should be the game plan for the future?  You will learn how to forecast you strategy and tactical moves to make the investment property work the most favorably for you.

Session #7

PRIVACY & ASSET PROTECTION

Now you have built a fortune in real estate investments.  So how do you protect your assets from attack? Most of us do no asset protection until it is too late. Most of us don?t work on being private in our business and personal affairs until a tragedy occurs.  You will learn the primary and advanced steps to take to lower your exposure to the public and place a layer of protection over your hard earned assets.

Session #8

TAX SAVING IDEAS
This is one of the most exciting sessions next to Making Offers and Transactioneering in this mentoring program.  You will learn how to invest that which you would normally send to Uncle Sam and make your steps to financial independence much larger.  You will learn how to grow your NET WORTH without taxation so to reach your financial goals that much faster.

CONTINUING EDUCATION
Education is everything! You will learn a system that will keep you learning on an ongoing basis. You will find this very helpful and certainly give you massive support after you conclude this mentoring program. Life is about education anyway.  Real estate investment education is much more valuable than other forms of education because each technique learned can grow your NET WORK exponentially rather than with a moderate increase.  You will profit from the thinking process of this session.



SPECIAL NOTES

1)  All materials, forms, teaching aids provided at no additional cost.
2) All emails and phone calls outside of class sessions are free of charge
3) The pace of learning is different for everyone, thus this program can  take longer or shorter based on each student. Additional time spent  teaching after the completion of this program will be charged at $5.00
per minute.
4) Only serious investors should take this course.  New investors that
want to start a successful business and experienced investors that are  looking to take their investment program to a more profitable level.
5) All mentoring sessions will be held in Elgin, IL. or arranged at a site
    acceptable to the instructor.
6) This program is designed to help investors profit from the business of investing in single family houses.



DISCLAIMER
This program is intended to provide accurate and authoritative information with regard to the subject matter covered. It is offered with the understanding that neither the publisher nor the author is engaged in rendering legal, accounting or other professional services. If legal advice, or other expert assistance is required, the services of a competent professional person should be retained.

ALL RIGHTS RESERVED

Copyright 2004,2005,2006,2007 Investment Seminars, LLC

All rights reserved. No part of this book may be reproduced or copied, stored in any information retrieval system or transmitted in any form or by any means without the specific written permission of Investment Seminars, LLC,  215 W. Loucks Street, Sheridan, WY   82801-4226

Call me if you are interested in my Mentoring Program.

Jim Hughes
847-741-9797

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