Saturday, November 23, 2019

3 Reasons Every RECFH Real Estate Entrepreneur Should Create A Home Buyer Partner Pool

There are 4 Member Types operating within the Real Estate Cash Flow Hunters Eco-System;

  1. Real Estate Entrepreneurs
  2. Mortgage-Ready Landlords
  3. Joint Venture Partners &
  4. Home Buyer Partners (aka Tenants)
One of the most distinguishing factors of the RECFH Eco-System is the fact that tenants make money as well. It's always a jaw-dropper every time we mention that during a RECFH Orientation.

But take a moment to think about that.

Doesn't it sound logical, considering the typical adversarial relationship between tenants and landlords? Who hasn't heard the horror stories about tenants destroying property or skipping out on rent and landlords neglecting repairs?

What if we were to allow the tenant to make money on the deal like everyone else?

WITHOUT affecting the profit margin.

Duh! Why hasn't anyone else thought of this concept? Let's be clear, we're not talking about Rent-To-Own, which is admittedly a step in the right direction.

We're talking about RENT-TO-PROFIT!

Rent-To-Own keeps the tenant viewing things from the emotional perspective of the retail market while RENT-TO-PROFIT moves the tenant to view things from the wealth-building perspective of the investor market. However, it's important to note that the tenant still achieves homeownership, but more effectively.

As a RECFH Member, Home Buyer Partners can accurately set their closing date [usually within 2 to 12 months - assuming they can afford rent in their local real estate market] even if they have damaged credit, little to no savings, and/or high consumer debt! In large part, this is made possible by YOU, the RECFH Real Estate Entrepreneur.

That's right! You now have the unique privilege and opportunity to create homeowners and financially free real estate investors in one fail swoop! All you need to do is invite those you deem to share our core values to a RECFH Orientation (let the system do the rest)!

Don't forget - we can invite candidates anywhere in the United States!

Only 3 Out of 10 HBP Candidates Will Be A Good Fit

Our greatest challenge in working with RECFH Home Buyer Partners is their tendency to be emotionally driven which is why, for their sake and ours, we have to stick to the principles!

You see, we're not in the homeownership business! We are Real Estate Investors and most of us happen to be homeowners - by choice!

What the RECFH Home Buyer Partner has to understand is that we are depending on them to look past homeownership to the next property and so on...

This is the only way we can even hope to create and maintain a self-sustaining environment. If they follow the blueprint we give them, homeownership is automatic. Unfortunately, 7 out of 10 aspiring homeowners can't see past homeownership and aren't interested (unconsciously) in anything more than getting into a home. For them, material things have become the primary priority in their lives. We have to have the courage and the strength to withhold invitations from this group. They simply are not ready - yet!

Making A Difference:

Just think of the difference you can make in a family's life by giving them the opportunity to know their closing date, 2 to 12 months in advance even with damaged credit, little to no savings, and/or high debt.

How can we accurately predict a closing date?

If the candidate can afford rent in their local real estate market, we as Credit Optimization Experts can usually provide them with a blueprint to close on their first/next home within 12 months. Yes, there will be situations where underwriting guidelines dictate a longer period (i.e. foreclosure requires 3 years, bankruptcy requires 2 years, extraordinary debt loads, etc.) but in those situations, we can also get creative (i.e. owner financing, etc.).

Special Note: Don't Forget  - One of Our Secret Weapons is Building Business Credit to Optimize Personal Credit!

The Bottom Line:

RECFH Home Buyer Partners, in terms of how quickly they will move into their first/next home and ultimately purchase, will fall into 4 categories;
  1. They can joint venture with RECFH MRL, JV Partner, and/or Real Estate Entrepreneur on an inventory property
  2. Work with a RECFH Real Estate Agent (Power Team Member) to find a lease-purchase property.
  3. Find a potential deal on their own (using investment criteria that you provide) and submit the lead to you to engage the seller and negotiate win-win terms
  4. Execute their blueprint action steps and wait to purchase a property on their pre-determined closing date.
Either way, you will have helped them take the first step (homeownership) toward achieving INFINITY - utilizing real estate as the vehicle and that is something to be extremely proud of!

3 Reasons Every RECFH Real Estate Entrepreneur Should Have A Home Buyer Partner Pool:

  1. Leverage: A major benefit of having a Home Buyer Partner Pool is your ability to leverage it toward building your Inner Circle. What Landlord or JV Partner wouldn't appreciate the fact that you already have a pool of buyers ready to purchase any property you buy - before you actually buy it
  2. Recurring Income: The most important benefit of having a Home Buyer Partner is, of course, the fact there is a massive market and they could be the driving force behind your recurring income stream.
  3. Reverse Wholesaling: The home Buyer Partner is arguably the cornerstone of the entire RECFH Membership Organization because they give us a massive opportunity to Reverse Wholesale. Let's not forget the potential of having hundreds of HBPs out there looking for deals - just for you - this could be a true game-changer!

Good Hunting!




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