We had a spectacular time in Orange County learning real facts about our economy and real estate market and raising toys…
Posted by Linda LP Pliagas on Saturday, December 19, 2015
Most Popular Posts
Turning Distress Into Success: A book review by Realty411 Magazine
The New Book for Wealth Building Breakthroughs and Enhancing Income Investments.
Fuquan Bilal’s new groundbreaking book “Turning Distress into Success” reveals the wealth building and passive income generation secrets of some of the nation’s leading fund managers, and how individual investors can supercharge their investment performance with mortgage notes.
“Turning Distress into Success” launched in November 2015, with fresh, actionable, transparent insights into how the truly smart money investors and financiers enjoy the best gains in the real estate and mortgage industry, while squashing risk. The book details how to make more money, while doing good, by disrupting the system, and becoming the bank.
Beyond a manual for note investors to uncover better deals and scale their enterprises, this work peels back the current to the inner workings of the industry, and how all investors can negotiate better value investments, leverage more capital, and enjoy more of the rewards they have been seeking, without selling out their own values.
What’s Inside?
• Fuquan Bilal’s personal story of the leap from real estate investor to lien-lord
• The ‘Banks’ M.O.’
• Hacking the money to scale investments
• How to start your own fund
• 7 actionable exit strategies
• How and where to find highly profitable notes and REOs
• The art of negotiating with banks
• Reducing risk in investing
• How to operate at 100%
Is This Book is for YOU?
Whether you’ve been timing the markets to get in and invest in the real estate world, already have a portfolio of rentals, have been fixing and flipping houses, or are just looking to diversify from the stock market, this book is for you. It’s about making more money, augmenting current success by taking the next step up, and investing in line with what’s most important in life.
Real Estate and Mortgage Analyst, Tim Houghten, says “Must read! In this book Fuquan spills the real deal, in an honest look behind our mortgage banking system, how to profit from others’ failure to serve investors and borrowers well, and how to make money, while providing homeowners a desperately needed lifeline.”
About the Author
When the world got served the most catastrophic financial and real estate crisis in almost 100 years Fuquan Bilal pioneered a way to turn that distress into success. Inside this book you’ll discover the master-plan to sustainable wealth building and passive income strategies that have been leveraged by the ultra-wealthy few for generations, but with a new twist that make them accessible to regular individual investors.
Get the Keys to Your Success for 2016 and Beyond, Now…
Whether wanting to supercharge investments to finish this year strong, simply enhance your understanding of the industry to be better at what you do now, or craving new tools and thought leadership to plow a higher trajectory in 2016, grab your copy of Turning Distress into Success today, which is available online at Amazon.com.
Welcome To Your Money Patch
Money might not grow on trees, but funding portal Patch of Land may have invented the closest thing to it…
Whether looking to grow your real estate investments with access to attractive capital, or boost your yields with passive income investments, this is one patch of the web worth checking out.
Named one of Entrepreneur magazine’s ‘100 brilliant companies of 2015’, Patch of Land brings a unique twist to real estate lending and crowdfunding, and the proof is in the performance.
< Pioneering Win-Wins >
While peer-to-peer lending, and crowdfunding has been catching plenty of media attention, it hasn’t always been a walk in the park for fundraisers and funders. Until now the two main challenges have been the amount of work required for project promoters, without any guarantee of funding. And then a lack of track record, and organization to base investment decisions on for those looking to put their capital to work.
Recently, Patch of Land co-founder and CEO Jason Fritton provided a new perspective on how Patch has created a new model of peer to real estate lending.
There are two things which really separate this platform from everything else on the landscape:
1. Patch offers ‘Pre-funding’, gives you your loan, and then raises funds from the crowd
2. Patch works together with institutional lenders instead of trying to replace them
This creates a true hybrid where “real estate, finance, and technology, converge.” The startup that Fritton describes as a “tech and efficiency company” shares some threads with other peer-to-peer, online mortgage lending, and crowdfunding sites. These are that real estate fundraisers bring their projects, which are ultimately financed by the crowd. It is the execution that stands out.
Fritton highlights that his company is the “first in market to directly secure fractional investors in real estate loans.” That means Patch of Land underwrites, and gives real estate investors and professionals the funding under the supervision of SVP of Underwriting & Acquisitions Douglas Cochrane. Then Patch of Land opens up the opportunity to a range of individual accredited investors and institutional lenders.
Now operating in 25 states, and with over $600M per month in funding requests the company is able to offer retail investors, hedge funds, regional and “community banks the yields they really want, along with efficiency in origination.”
In fact, Jason explains that this enables these capital sources the freedom to participate in deals they could not do directly, while permitting more common sense underwriting of deals.
Operating under SEC Rule 506(c) of Regulation D, this connector empowers those with projects to raise money cost-effectively without all the marketing and substantial filing expenses of going it alone. All while delivering the due diligence investors need and crave. As of September 25th, 2015 Patch of Land had a solid track record of performance, with no principal or interest losses.
< The Secret Sauce >
Fritton explains that a great deal of the success has come from “the privilege to hire experts in all areas,” to grow the California based Patch of Land team. The founding and executive team now spans a wealth of technology expertise, lending professionals with billions in transactions under their belt, along with an entrepreneurial marketing team with experience in organizations like Disney. Silicon Valley appears very bullish on investing in ‘The Patch’ too, with a successful, oversubscribed Series A round of funding topping $23M, achieved in early 2015.
So far Patch of Land has perhaps been most well-known for funding single family deals, but Jason tells us they have recently funded a Ramada flagged hotel, office, and retail buildings, and are testing moving into new construction financing.
Whether you’ve got deals that need funding, or capital that deserves higher yields, Fritton says “give us a try, and come grow with us!”
More details, statistics on past performance, and online tools can be found at PatchofLand.com.
– Exclusive interview by Tim Hougten for Realty411 Magazine
[Special link] Starting 2016 off right…. FIND & FLIP 2016
Hey there –
I think we can both admit that if you’re going to
have a great year in 2016, you need to be laying
the groundwork now.
You have to be taking steps right now.
The most successful people that I know in this
business have a bullet-proof plan of attack for
each of their goals and know the EXACT steps
that it is going to take to achieve them.
Then they execute their plan and CRUSH IT!
Psst…. that’s why they’re so successful 🙂
It all starts with the plan of attack and knowing
how to get there.
99% of the people out there simply don’t know
how to set themselves up for success.
Lucky for you, I’m about to hook you up.
A great friend of mine and one of the most
successful guys that I know is holding a closed-
door, private event for a handful of entrepreneurs
in the next few weeks.
It’s called the Find And Flip Summit and the
event is all about getting to the next level!
How to take your “hobby” real estate business and
turn it into a multi-million dollar machine.
(He and his family put FOUR companies on the Inc
5000 in 2015 – and have experienced amazing growth
over the last few years, so there’s no one better to
show you how to achieve these results)
So, if you’re like most people that I know in this
business, then this is exactly what you need to
make 2016 your best year ever.
He just opened the doors for registration and tickets
are being sold for $597 – $997.
But when you reserve through the link below – you can
purchase for only $297 through the end of this week.
Here’s to a great 2016 and taking action NOW to make
it happen!
Yours In Success,
Realty411 Magazine
P.S. The link will expire by the end of the week, so do not wait to reserve your seat.
Surf's Up: And So Are Rents! Kathy and Rich Fettke are Classic California Landlords.
Real Wealth Network founders, Rich and Kathy Fettke, help others create freedom with high cashflow rental properties. Nearly 18,000 investors in the Real Wealth Network have discovered a new approach to achieving wealth. What are they doing differently?
Kathy Fettke and her husband, Rich, were shocked when Rich was diagnosed with melanoma 13 years ago. What do you do when you become keenly aware that you may not have much time?
When it appears that mounting medical bills are inevitable? When you eagerly want to provide for your family? When every moment counts?
Rich and Kathy embarked on an urgent mission to learn from the most successful,put their income on autopilot, and build real wealth, while freeing up as much time as possible to really enjoy every moment of life.
They did it. As they began sharing the financial tools and tactics they discovered, the Real Wealth Network was born.
The Proof is in the Data
Today the Real Wealth Network boasts:
• 12 years in business
• 487 educational webinars given
• 18,848 Real Wealth Network Members
• $132M in assets acquired
Real Wealth, Beyond the Balance Sheet…
The Fettkes quickly learned from the self-made millionaires they interviewed that passive income investment in real estate was the way to go. They took massive action, refinanced their home, and invested in 14 rental properties.
Yet, the financial surplus this created still fails to compare with the real wealth that Kathy and Rich are experiencing in their lives now. Kathy explains “we now know what it is like to be able to take a month off and travel to Europe with the family, attend our kid’s most important events, and to hit the beach to go surfing whenever the waves are good.” Now completely location independent the family is frequently able to jet off to their favorite vacation spots in “Malibu, California, Esterillos Oeste, Costa Rica, and the Swiss Alps.”
It’s not just about gaining wealth, or fun in the sun, or on the slopes either. Their new found wealth and freedom is enabling Rich and Kathy to give more, share more, and follow their passion for helping others more than ever before too. Kathy tells Realty411 Magazine that her favorite charities and causes to support today include; “Operation Smile for saving children’s lives, Amor for building houses in Mexico, and Mentors International for helping families achieve sustainability.”
Still, there is no denying that Real Wealth Network continues to be one of the most meaningful and impactful missions Kathy and Rich invest their time, hearts and souls into. This is their gift to others from what they have learned, and that they hope empowers tens of thousands more to realize the same Real Wealth that they are enjoying.
Innovating, Disrupting, and Democratizing Wealth through Real Estate Investment
Kathy Fettke was honored as one of the ‘100 Most Intriguing Entrepreneurs’ by Goldman Sachs at the Builders and Innovators Summit. She is frequently seen in the media via CNN and Fox News, is the host of The Real Wealth Show, and has become a bestselling author.
This success is built on a refreshing approach to wealth building education, and a dedication to quality real estate investment opportunities.
The network offers a wealth of resources from live events and webinars to market research, access to wholesale investment opportunities, and a pre-screened network of industry professionals. Yet, what really stands out is the Real Wealth Network Academy with free basic membership and an upgraded version for just $97 per month. That barely registers on the meter when compared to other escalating programs out there that can charge north of $40,000 for similar information. So how can they afford to do that?
Kathy says: “We believe people should be investing their money in property, not expensive, outdated bootcamps they don’t need and won’t use. We have worked out a deal with our Academy speakers: we give the top CPA’s, attorneys, insurance agents, and property managers exposure to our large network, in trade for their education and resources. We charge a nominal $97/month to pay for the administrative costs, video crews, and a small profit. That small profit has us “walking the talk,” modeling passive income strategies. Like everything we do at Real Wealth Network, we barely mark up our products and services, but rather sustain ourselves from volume. We pride ourselves in offering higher quality education than any other real estate program for an affordable price. That adds up when thousands of people have signed up and end up receiving more value than they expected.”
Key to their wealth building philosophy is turnkey real estate investment for passive income. While turnkey real estate investing has been the go-to solution for wealthy and sophisticated investors in Europe for decades, it is still relatively young in the United States. This means many novice, and inexperienced operators attempting their hand at it. In contrast; the Fettkes’ have been doing this for 12 years, and have strived to constantly set the standard.
Kathy explains their approach to ensuring sustainability and excellence includes:
• Rigorous screening and vetting of property managers
• Recruiting a Six Sigma Black Belt to oversee quality control
• Only using licensed and bonded contractors
• Independent inspections
• Renovating to a superior like-new standard
• Maintaining 6 to 12 months capital reserves for each property
Kathy Fettke’s bestselling book, “Retire Rich with Rentals, How to Enjoy on-Going Cash Flow from Real Estate so You Don’t Have to Work Forever,” can be purchased on Amazon. Learn more about these strategies online, simply visit www.RealWealthNetwork.com where you’ll get access to live events, free educational webinars, property tours, a list of highly-rated property managers nationwide and much more.
The Keys to Unlocking Elite Success in Real Estate: An exclusive Interview with the founder of Rodeo Realty
Exclusive Interview by Tim Houghten
The Founder of Rodeo Realty, the largest single-owner firm in the nation with 12 branch offices, 1,200 REALTORS®, and annual sales and listings exceeding $5 billion, shares how he went from operating out of his garage to listing homes for $150 million.
What does it take to achieve elite success, at the top of the ultra-luxury real estate market, in the most exclusive community in the world?
Rodeo Realty is a name not just associated with celebrity real estate, but with dominating the ultra-elite markets of Los Angeles and Beverly Hills, California. The Rodeo Realty brand has been ranked the largest single-owner firm in California, with 12 branch offices, 1,300 REALTORS®, and annual closed sales exceeding $5 billion. What does it take to obtain, and own this level of success?
Syd Leibovitch is the president and leader of the Rodeo Realty empire, and has been championing the crème of the crop of top-end international real estate, year after year, for 30 years. No matter what you aspire to achieve in real estate, it’s clear that Syd just might have a tip or two on how to get it.
In an exclusive interview, Syd Leibovitch gives us a peak behind the glass to see what it takes to get to the top of the real estate world, and stay there. Want elite success? Where do you start?
Rodeo Realty’s founder has been breaking through barriers since he got into real estate sales during college. Starting at 23 years old Syd says, “I sold three houses in my first month. I only went into real estate as a job for winter break. I fully intended to go to law school. But when my first sale closed, and the buyer hugged me and told me how excited she was to own a home, I was hooked!”
Syd says his family, who thought becoming a doctor or lawyer was a far better career choice, were disappointed when he began pursuing real estate. Yet, by the time he was 25 years old, he was a top-selling agent in Los Angeles. In just three years he opened his own firm.
Today the world’s leading doctors, lawyers, and hottest celebrities come to Leibovitch’s firm for help in selling and securing the globe’s finest estates.
Hard Work
During his time studying economics and banking at California State University and UCLA, Syd ran for the relay team, track and cross country; he set new school records. His take away from the experience, and how it has influenced the success of Rodeo Realty – “Learning the value of hard work.”
Consistency
Last year Rodeo Realty sold at least one unit for $70M, and listed another at $150M. Yet, the surprisingly modest founder says that the majority of the firm’s transactions are in the $1M to $6M range, and that consistency is key. If you’ve ever run cross country you know you have to be able to keep up the pace, for the long haul, and often over unknown and challenging terrain. This could just as well describe navigating the real estate world. Yet, Syd says: “I did at least one deal a week for my first 15 to 17 years in the business.”
How do you create that type of consistency in results? He says, “I found something I like doing, and I do it a lot,” explaining that “if you do your best to take care of everyone you meet, the results will take care of themselves.”
Do Your Best
Although he is a very hands-on business owner and accessible to his staff, today Syd has certainly handed on the baton to Rodeo Realty’s army of luxury real estate agents, and expert management team. Syd is very clear that he does not compete with his REALTORS® for sales and credits them for the incredible sales figures posted. Asked how he manages to stay organized, and maintains efficient operations at such scale, Syd simply credits his “good people,” whom he says have become “friends,” more than employees.
Rodeo Realty surprisingly invites even new agents to come and train with the organization. So why work with Rodeo Realty, besides the prestige of joining one of the world’s most respected and envied real estate companies?
At Rodeo Realty this isn’t just evidenced by selling the best real estate on the planet, it is “being the best in ALL areas.”
That means:
• Best Luxury Real Estate Website – ranked by Who’s Who in Luxury Real Estate
• Best Marketing – with an in-house print shop with 30 team members
• Best Internet Marketing – with an in-house team of 17 graphic artists
• Best International Marketing – reaching 200M+ buyers, in 190 countries, monthly
• Best Technology – with Cirrus Super Search for deep data, on the go
• Best Personal Service – local expertise, global presence
Syd says quite frankly and firmly that “real estate agents that want to serve their clients the best find that ability at Rodeo Realty,” and that “if you’re not on the Rodeo Realty team that’s because you’ve got other priorities, and are putting something else first, rather than serving your clients in the best possible way.”
It’s hard to argue with that.
Open the Doors to Your
Success in Real Estate…
To reach your full potential in real estate; blaze your own trail, work hard, be consistent, give your best, leverage good people and the best tools.
Want to see what a great real estate website looks like and view some of the most exclusive real estate eye candy in the world? Check out Syd’s site at RodeoRE.com, and download the free Rodeo mobile app.
Syd’s Theory – “You’ve got to be the best, you’ve got to give the best.”