Monday, April 27, 2009
HOW WOULD YOU LIKE TO MAKE $20,000 in the NEXT 30 DAYS??!
Sunday, April 26, 2009
Before Becoming a Commercial Real Estate Investor, You Must Answer This Question!
I know that sounds like a funny question after we just stated that you are a commercial real estate investor, but honestly many new investors have no earthly idea what business they are in. Saying you are in commercial real estate is too broad. I want you to know specifically what services YOU can provide that make you money.
The services I provide don’t make you money any more than the businesses Donald Trump own will make you money. You must know what services YOU as an individual provide. In other words, what services do you provide that provide a benefit to the buyers, sellers and other commercial real estate professionals that you come in contact with?
As an example, here are the 3 services I personally provide –
1. I provide Down Payment Assistance (DPA) and Seasoned Assets for other investors;
2. I buy and sell income producing commercial properties and businesses either as an individual or with partners; and
3. I build unsecured lines of business credit to fund business and real estate acquisitions.
Before becoming a successful commercial real estate investor, you must define what it is that you do. What services do you provide?
I don’t mean the services you hope to provide someday. I mean, what are you really good at (if not an expert at it), and what services make you money? Picking the 2 or 3 answers to these questions will help focus you as an investor.
If you are new to commercial real estate investing, here is the hardest lesson that you will have to learn: focus for 90 days on ONLY what YOU do best.
For the next 90 days DO NOT do anything but the 2 or 3 things that you have identified as what “YOU do”. Now, I know some of you are already investing in residential properties, or forex trading, or any number of other business opportunities in an effort to make money. That is your choice, and I would not ask you to do only commercial investing.
My only point is this; the ONLY way you will make money in commercial real estate investing is by providing high quality value added services over and over again. In time you may expand the list of things that “YOU do”, but if you don’t focus in the beginning, you will most likely make NOTHING, and get discouraged. I simply want to encourage you to become an expert at a few things, before you make the mistake of trying to dabble in many things.
No new investor, or for that matter most experienced investors can not be successful trying to flip REO packages one day and the next day negotiating Master Lease Options on high vacancy retail strip centers.
Folks, figure out what services you will provide as a new commercial investor, and become an expert at each of them! Don’t try to be all things to all people.
For example, when people ask me what I do for a living, this is my answer:
“I buy and sell commercial properties and I provide private funds for other investor’s commercial transactions.”
That’s it. It’s that simple; one sentence. I do not tell them that I do Master Lease Options, or Subject to deals. I don’t tell them that I am a wholesaler, or I participate in Joint Venture Partnerships. Of course I can and have done all of those things and you will to. But this mindset helps me stay focused.
Why do you need to stay focused? Commercial Real Estate is so broad and covers so many areas, and there are so many other investors trying to pull you in a dozen different directions, unless you can stay focused and bring deals to the closing table, you will end up like most of the other wannabe investors – making nothing.
Well, that’s all for now. I hope this has helped focus you on the areas where you can make money.
Note: For those who have a sincere interest in commercial real estate, but do not know where to begin or what services they can offer, feel free to email me, or contact me through my website. I am certain that I can help. Remember, I make my living by creating profitable partnerships.
Charles Best
President
Emprise Commercial Services
Commercial Real Estate ♦ Business Funding ♦ Private Lending
http://commercialexpert.blinkweb.com/
678-755-0902 678-668-7443 fax
“We provide Down Payment Assistance for Business & Real Estate Acquisitions”
Saturday, April 25, 2009
ANNOUNCING OUR NEW BUSINESS CREDIT PARTNERSHIP PROGRAM
What’s in it for the Credit Partner? Simple. Cash. Fast Cash in fact. Fees for our new Business Credit Partnership Program range from $20,000 to as much as $75,000 per company. And the really amazing news is that you can serve as a paid Credit Partner in our Business Credit Partnership Program over and over again.
How does it work? In today’s lending environment, business must work more diligently to access the capital and credit necessary to meet their expansion goals. Often times in order to establish initial corporate credit an officer of the company (this is where the Credit Partner comes in) must have excellent credit.
In this credit crunch, businesses are willing to pay; and pay very well for these services. Let us at ECS show you how to use your good credit to make fast cash, without risking your credit rating.
3 EXCITING NEW WAYS TO TURN YOUR GOOD CREDIT INTO CASH!!
1.) Serve as a credit partner on commercial real estate transactions for a fee between $35,000 and $100,000!
2.) Serve as a Credit Partner for a Corporation seeking to establish business lines of credit and receive between $20,000 to $50,000 per line. This can mean cash in hand in as little as 7 to 10 days!
3.) Serve as a Credit Partner in a small business acquisition for a fee of $10,000 to $50,000 within 2 to 4 weeks.
Also feel free to contact us to find out how YOU can profit from these programs as a Referral Agent even if your personal credit is not very good!
UPDATE ON THE 30 DAY CHALLENGE
Hi everyone,
We have only 5 days left in the 30 day challenge. Congratulations on all your hard work and some pretty impressive results. To date of the 9 people that accepted the challenge (Initially it was 10, but 1 person was called away for a new job), 6 people have large commercial deals under contract! I know of at least one more that will be a deal prior to April 15th.
Think about it; that will mean 7 out of 9 people, all of whom were brand new to commercial real estate investing have contracted and are set to close a commercial transaction. The largest deal is over $12 million by the way! I don't care if you have a $20,000 deal or a deal that will net you 6 figures, this has been one heck of an accomplishment.
Whether you realize it or not, you have crammed what it takes most investors 6 months to a year to understand into less than 30 days. Most importantly, you have learned by doing! There are a few who barely know what they are doing that still have reached agreements on deals -- simply by following the steps!
For anyone who does not have a deal in their sights, well it's not too late. Make this a meaningful weekend and coming week. Follow up on the leads that you have and keep an eye out for Truly Motivated Sellers!
Tuesday, March 24, 2009
We Have Just Completed the First 7 Days of our 30 Day Challenge!
For those of you not familar with the challenge, I am taking 10 people who have never completed a commercial real estate transaction, and have each of them contract at least $1,000,000 worth of commercial property using none of their own cash or credit in 30 days!
Now many commercial deals take longer than 30 days to close, so we consider a successful contract to be one that is beyond the due diligence phase with funding approval, and a closing date set.
So far, everyone has gotten over the initial hesitancy of contacting owners/brokers/agents to negotiate deals. Each person has successfully evaluated several commercial deals. We even have a hand full of LOIs that have gone out; with 1 LOI having been verbally accepted! We expect the get the signed LOI, and actually close that deal within the next 2 weeks.
Well, I know this challenge has spurred a great deal of interst, so I wanted to keep everyone informed. I will report back again soon!!
Thursday, March 19, 2009
ECS REFERRAL PROGRAM
For serving as a credit partner on two commercial acquisitions with us, we will pay the credit partner a minimum of $70,000. For any referral to a buyer with a 660 middle score or better, we will pay a referral fee of $25,000 at closing. We can also pay this on more than one property if your buyer continues to buy with us. Unlike Fannie Mae or Freddie Mac in residential there is no limit as to the number of commercial properties you can buy. It's that simple.
Now, here are the services we provide to our commercial investors.
Down payment assistance with no credit check
Asset verification & Asset Leasing
We offer "Stated Income" Commercial Loans through our Broker network
Joint Venture Partnerships for Commercial Projects
Commercial Real Estate Consulting
As a ECS Referral Agent you will receive a substantial referral fee if any client you introduce us to uses ANY of these services.
Our Referral Fees range from $10,000 to $50,000 per transaction!
Do you want to become an ECS Referral Agent? Simply email me at ecs.consulting@yahoo.com for more details!
100% Commercial Financing!
If you are a Business Owner, Real Estate Investor, Business Broker or Entrepreneur seeking creative financing for your commercial project, then you've come to the right place! We specialize in Multi Unit Complexes, Retail Strip Centers, Hotels, Mobile Home Parks, and Gas Stations, but ANY income producing property can be purchased with Creative Financing; effectively creating 100% Commercial Financing.
Feel free to inquire about any of the following property types:
Aircraft Fleet Financing
Amusement Parks
Apartments
Assisted Living Centers
Auto Care Centers
Auto Dealerships
Bowling Centers
Car Washes
Casinos
Child Care Centers
Church Financing
Condominiums & Condo Conversions
Congregate Care Facility
Convenience Stores
Distribution Centers
Fitness Centers
Franchises
Funeral Homes
Gas Stations Historic
Hospitals
Hotels/Motels
Independent Living Facilities
Inventory Financing
Industrial Parks
Industrial Buildings
Land Developments
Marinas
Medical Clinics/Medical Offices
Mini Warehouses
Mixed Use Properties
Mobile Home Parks
Movie Theaters
Offices (Multi-Tenant, Single Tenant, Warehouse)
NNN Acquisition Financing Nursing Homes
Office Buildings
Outlet Centers
Parking Garage
Regional Malls
Rehabilitation Facilities
Resort & Marina Financing
Restaurants
Retail (Anchored, Single Tenant, Unanchored)
Skilled Nursing Facility
Special Purpose Property
Truck Stop
If you would like to know more about our 100% financing program, please email me at ecs.consulting@yahoo.com.
WHAT EXACTLY IS THE 30 DAY CHALLENGE?
First, the goal of the challenge is simple. Our goal is to have at least one million dollars worth of commercial properties under contract and in the due diligence phase, moving towards closing (with a clear exit strategy) in 30 days. One million dollars worth of commercial property can be a business or commercial property, and it can be composed of 1 property or 5 properties.
Make no mistake about it. This is a bold goal. This challenge is NOT for those who are not willing to put forth real effort. But, think about this; what will you make when you actually close on a 4 or 5 million dollar property. Besides, personally, I think at least one person will actually close a deal before the 30 days is up and have tens of thousands in the bank to show for his or her effort.
You can wholesale the property you contract, or close on it yourself.
The clock will start ticking on March 16, 2009 and end on (tax day) April 15, 2009.
During the challenge we will have at least one conference call each week. I will have lessons delivered in email format that will cover the following topics:
What services does ECS provide?
How do you Find a Commercial Deal
How do you analyze a deal (prospects vs. suspects)
Immediate Cash (quick commercial closings?)
Exit Strategies
Ok, I have found a deal, now what? (Offers, informal due diligence)
The paperwork (LOIs and Contracts)
Due Diligence
There may be additional lessons, but this will give you everything you need to reach your goal of having at least one multi million dollar property under contract, and make some real money when it closes. I don’t sell books and tapes so these email lessons will cover only the essentials; no fluff. James Mulligan, Brandon James and I will make sure that no one fails. All that is required of those that accepted the challenge is effort.
Charles Best
President
Emprise Commercial Services
http://commercialexpert..blinkweb.com/
Commercial Real Estate Consulting & Private Funding
678-755-0902
678-651-9365678-668-7443 fax
WELCOME TO OUR 30 DAY CHALLENGE!
In fact, I decided that the next dozen people or so who asked me the question would learn the answer the hard way. Instead of taking my word for it, I would walk them through a 30 day challenge which would culminate in each person placing a million dollars plus of property under contract and in the due diligence phase, with a LOI from a lender within 30 days! I invited 12 new investors, and 2 of my Joint Venture Partners to participate in a Sunday evening teleconference describing my challenge.
After an hour teleconference over 10 people have personally accepted this challenge!
I am as excited as I have ever been. We are about to buy or flip (with no money down) over $10 Million Dollars of commercial property; all starting in the next 30 days!
So, stay tuned; over the next 30 days, we will keep you informed of their success and experiences.
Sunday, March 8, 2009
CREDIT PARTNERS NEEDED
Tidal Wave Of Apartment Foreclosures Despite Strong Operating Fundamentals
The residential foreclosure mess while terrible for those losing their homes, is wonderful for apartment investors. As many former homeowners migrate back into apartment living, occupancy levels and rents are being driven up. On the other side of the supply/demand equation…because of constrained capital available for construction, very little new supply is coming online. So, in a nutshell, demand is up and supply is down... a perfect storm for apartment returns to soar! However, many apartment buildings will head into foreclosure. Let me explain... Two factors contribute to commercial property value. 1. Market forces (Cap rate) 2. Cash Flows (NOI) Value = NOI/Cap Rate The value of commercial property is derived by dividing the NOI by the market cap rate. While we can't control cap rates anymore than we can control residential values and “comps”, we can control the NOI to a certain degree. Rents – Expenses = NOI By increasing income and/or decreasing expenses we can increase NOI. By increasing NOI, we drive the value of the property up having nothing to do with market forces. Therefore, we can control this component of the value equation regardless of what the market is doing. Consider this: NOI = $120,000 Cap Rate = 10 Value = $1,200,000 NOI = $190,000 Cap Rate = 10 Value = $1,900,000 Notice the market force (cap rate) stayed the same but only the cash flow changed. By increasing the cash flow, we can increase the value of the property regardless of market conditions. Many apartments are performing wonderfully and their operating fundamentals are sound, yet experts are predicting a tidal wave of apartment foreclosures. Let me try to explain using a residential example. Let's say you bought a house for $1,200,000, put $200,000 down and took a $1,000,000 loan (83% LTV) on a short term loan so that $1,000,000 would be due in 5 years. Now let's say that house was cash flowing $100,000 per year. For 5 years, the same tenant lives there and pays rent like clockwork. You are thrilled and making money hand over fist. However, as the national economy goes into a tailspin and your neighbors lose their homes to foreclosures the value of your house is dragged down with them. Hey, but you don't care because that house is cash flowing like crazy and you have no plans to sell. So who cares what it's worth, right? You'll just collect your rents and hang on until the market comes back even if it takes a few years. But then you get a letter from your lender reminding you that your 5 year loan is coming due in a few months. So you decide to refinance only to find that the value of your house is now only $800,000 (a 33% decrease in value which is exactly the kinds of losses we’ve seen) and you still owe $950,000 on the note. Additionally, banks will only lend 70% LTV now so based on an $800,000 value and 70% LTV the bank will only refinance $560,000 of the remaining $950,000 on the note. If you don't come up with the $390,000 difference, you will lose that house to foreclosure even though it has tremendous cash flow. If you had taken long term debt you wouldn't be in this situation but because the note is due, you're in trouble! That's exactly what is happening to many apartment owners. The properties are performing well yet they are headed to foreclosure because they took out short term debt which is coming due. Experts track the numbers and can forecast how many of those notes are coming due and how many of them are “under water” wherein there is more owed than the value of the property. These experts predict a tidal wave of foreclosures. There is a small window of opportunity to cash in on the opportunity to buy apartment foreclosures as these property types are rarely distressed. Additionally, interest rates are historically low making this opportunity even better. Lawrence Yun, Chief Economist of the National Association of Realtors predicts a turnaround in the second half of 2009. This means there is a very small window to learn about apartments and apartment foreclosures. The tidal wave is coming! Will you ride the wave?
Karen Hanover is a Certified Commercial Real Estate Advisor and commercial real estate broker. She founded the Commercial Investment Education Institute to educate both new and seasoned investors. Take a FREE Online Course at http://www.cieinst.com/
Saturday, February 28, 2009
DON'T LET THE LACK OF CASH OR CREDIT STOP YOU FROM BUYING MILLIONS WORTH OF COMMERCIAL PROPERTY
Asset verification & Asset Leasing
We offer "Stated Income" Commercial Loans through our Broker network
Joint Venture Partnerships for Commercial Projects
Credit Partners are available
Commercial Real Estate Consulting
Use Equity in the Property to buy with NO MONEY DOWN!
NOT FOR BANK OWNED PROPERTIES!
IF OWNER FINANCING IS SO EASY, THEN WHY ISN'T EVERYONE USING IT?
There are, however, some draw backs that stop most from buying using owner financing.
Many strong income producing properties do not offer owner financing. It’s the “dogs’ that don’t sell, where the owner is suddenly getting desperate and wants to play bank.
Then, once sellers offer owner financing, you end up paying a premium since you are not a “cash” buyer.
Last, and certainly not least, many people do not have the required 10%, 20% or even 30% that many sellers require. It seems that while there is no credit required, there is a LOT of money required to get these deals done!
Well that is where we come in.
We can show you how to use seller financing to make your deals “no money down” even when the seller did not offer to finance the property for you. We can show you how to buy with seller financing AND at the same discount is if you were paying cash! We can also show you at least 3 reliable sources for finding the down payment that comes with most seller financing deals. What’s more important, two of these down payment sources do not require any credit on your part!
So what are you waiting for? Let’s put a property under contract and close a commercial deal in the next 30 to 60 days!
Monday, February 16, 2009
TURN GOOD CREDIT SCORES INTO CASH
Have good credit? The ECS Credit Partnership Program is a unique and lucrative way to make money as a small business owner. As a credit partner, no out of pocket money is required from you. You invest your good credit only. Plus, with your participation, you could receive an up front lump-sum monetary compensation or long term residual income. It’s your choice.
Are you a full time employee making part time income wondering how to make your excellent credit scores make more money for you - part time - than you can make at your current job?
Emprise Commercial Services (ECS) can help you realize your dream through ECS’ Credit Partnership Program. As a credit partner, you have the opportunity to leverage your excellent credit scores to generate a substantial fee based income or a lifetime income stream and never have to spend one moment of your time with the worries of the day to day business owner headaches: product delivery, customer service, payroll, etc. All you will do is use your excellent credit scores to generate income that will continue to grow year after year!
This is an excellent opportunity to create that second income or stream of passive income that you’ve always wanted - using only your good credit scores to start - and receive significant returns, all with no hassle and minimal risk. ECS takes care of all the negotiations and the hassles associated with any business or commercial real estate acquisitions, and you sit back and enjoy having others work for you!!
Program Highlights:
Unlimited earning potential using nothing but your good credit scores
Earn tens of thousands of dollars using your excellent credit scores to acquire apartment complexes and strip malls nationwide
Receive either one time, or an on-going income from your good credit through our Credit Partnership Program
Two ways to get started:
- Join the ECS Credit Partnership Program in exchange for a one time Fee
- Join the ECS Credit Partnership Program for an upfront fee and Continuing quarterly cash payments
Earn A $25,000 Referral Fee in March
Credit Partners are paid between $35,000 and $100,000 per venture.
Please contact us for a brochure and additional information. ecs.consulting@yahoo.com
Sunday, February 15, 2009
LOOKING FOR NO MONEY DOWN?
IS YOUR PROPERTY SELLING BELOW 75% PTV (Purchase-To-Value)?
Structure NO MONEY DOWN on business and commercial real estate purchases that selling below Market Value.
Use Equity in the Property to buy with NO MONEY DOWN!
Structure NO MONEY DOWN regadless of Credit!
This Program is nationwide
You Can Even Do NO MONEY DOWN with Hard Money and STATED Doc Loans
NOT FOR BANK OWNED PROPERTIES!
If PTV up to 85% you can structure 90% finance or 100% finance with seller second 10%
PLUS: Our expert consultants will help you structure the deal, and hold your hand through the closing process.
REFERRAL PROGRAM -- EARN $25,000 FAST!
Referral Program
We specialize in taking former or current residential investors and showing them to how to buy commercial properties with NO money down. Specifically, commercial lending programs still allow down payment assistance. Additionally, we can provide stated loans down to 660 middle score on commercial projects. Lastly, we are able to legally provide cash at closing to most commercial buyers in the form of seller lease backs.
For serving as a credit partner on two commercial acquistions with us, we will pay the credit partner a minimum of $70,000. For any referral to a buyer with a 660 middle score or better, we will pay a referral fee of $25,000 at closing. We can also pay this on more than one property if your buyer continues to buy with us. Unlike Fannie Mae or Freddie Mac in residential there is no limit as to the number of commercial properties you can buy.
Its that simple.
Now, here are the services we provide to our commercial investors.
Down payment assistance with no credit check
Asset verification & Asset Leasing
We offer "Stated Income" Commercial Loans through our Broker network
Joint Venture Partnerships for Commercial Projects
Commercial Real Estate Consulting
We base all of our lending decisions on the strength of the project. Please call with your specific commercial real estate needs.
Charles Best
President
Emprise Commercial Services
Commercial Real Estate Consulting & Private Funding
678-755-0902
678-651-9365
"We offer Asset Verification and Down Payment Assistance for Commercial Property purchases ."