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How to Be a Quick Turn Real Estate Millionaire: Make Fast Cash with No Money, Credit, or Previous Experience » (New Edition)

Book cover image of How to Be a Quick Turn Real Estate Millionaire: Make Fast Cash with No Money, Credit, or Previous Experience by Ron Legrand

Authors: Ron Legrand, Robert Allen
ISBN-13: 9780793188864, ISBN-10: 0793188865
Format: Paperback
Publisher: Kaplan Publishing
Date Published: July 2004
Edition: New Edition

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Author Biography: Ron Legrand

Book Synopsis


Huge fortunes can be amassed by holding real estate for the long term-up to 20 or 30 or years in some cases. Yet most people don't have the luxury of time and need cash to cover their day-to-day expenses. To that end, nationally renowned real estate expert Ron LeGrand has developed a method of buying real estate to generate cash that he calls ""quick turning."" Over the past 15 years, he has bought and sold more than a thousand properties for fast-cash profit using the method.

In How to Be a Quick Turn Real Estate Millionaire: Make Fast Cash with No Money, Credit, or Previous Experience, LeGrand shares this system for building long-term wealth. With wit and wisdom, he outlines four main categories of ""quick-turn"" transactions: retailing, wholesaling, assumptions, and lease/options. He helps readers understand which type of transaction is appropriate for their specific cash flow goals, and he reveals how-to secrets that real estate investors, and wannabe investors, can use to:

* Get rich on fixer-uppers without lifting a hammer.

* Find motivated sellers.

* Negotiate win-win deals.

* Sell houses fast.

* Succeed while others fail.

Table of Contents

Forewordv
A Special Thanksvii
Who Is Ron LeGrand?ix
Introduction: How to Get Started as a Real Estate Entrepreneurxv
Part 1Winners All Around
1.You Can Get a Big Check in Days, Not Years3
2.Eight Myths About Making Money15
3.Everyone Wins or I Won't Play27
Part 2Quick Turn Tools
4.Five Ways to Profit35
5.Five Steps to Success61
6.Step 1--Locating prospects65
7.Step 2--Prescreening Prospects89
8.Step 3--Constructing and Presenting Offers103
9.Step 4--Following Up115
10.Step 5--Selling Houses Fast119
11.Where to Get the Money with no Credit or Partners143
12.How You Can Retire with an Ira Worth $1 Million155
Part 3Legal Considerations
13.Land Trusts and Legal Considerations165
Part 4Success
14.Tigers are the Last to Starve in the Jungle177
15.Aim High183
Appendix AAssignment of Contract for Purchase and Sale205
Appendix BPrivate Lender Script206
Appendix CBird Dog207
Appendix DProperty Information Sheet208
Appendix ELetter to an Out-of-State Owner209
Appendix FLetter to Realtors210
Appendix GSample Flyer213
Appendix HSample Business Card214
Appendix ITelephone Questionnaire for Potential Buyers215
Appendix JLetter to Attract Buyers216
Appendix KAuthorization to Release Information218
Glossary219
Additional Resources229
Index231

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