The Secrets of a Seasoned Investor
Finally Revealed!
In a Power Packed 2 Volume Course Complete with Audio CD's
&
Mentoring Program Available
Glen Gallucci Presents
A Seasoned Investor’s Guide™
How to Make a Six Figure Income
Buying, Fixing, and Flipping
Distressed Houses!
Including…
Raising Money For Your Rehabbing Business
Joint Ventures & Partnerships
Developing Your Wholesale or Bird Dog Business
"Real world, streetwise know-how delivered with humor and wit, and combined with down-to-earth advice and guidance that comes from years of experience makes Glen Gallucci, a truly Seasoned Investor, a privilege to listen to and learn from! Newbies and experienced real estate investors alike are guaranteed to make money and/or save tons of time, money and headaches by heeding Glen's wisdom and insight. I have and I am eternally grateful!" Marlene Green, Jersey City, New Jersey
See What Others Are Saying (Below)
TABLE OF CONTENTS
INTRODUCTION
About The Author
Earn Full time Money With Part Time Effort
Being In Business For Yourself
Why Buy Fixer-Uppers and Distressed Real Estate
The Buy and Hold Strategy vs. The Fix and Sell Strategy
How Much Can You Profit?
A Workable System That Works Year In and Year Out
CHAPTER ONE…………..14
-
Brief Overview of How It’s All Done
Different types of distressed property that you’ll be dealing with
- Folks Who Are Going to Help You Make Money
Real Estate agents, Brokers, Realtors
CHAPTER TWO……….19
Setting Up Your New Real Estate Business
Requirements along with do’s and don’t to starting a business in your home
CHAPTER THREE……..21
Show Me the Money (How To Get the Financing You Need)
Money Talks And You Know What Walks
Your Cash, Stocks, Credit Cards
Dealing With the Equity In Your Home
Hard Money Lenders
Getting Appraisals
Finding Yourself a Good Real Estate Attorney
Getting Title Policy
Acquiring hazard Insurance
What Do Hard Money Lenders Charge?
How To Find Your Cash Cows.
Private Investors
How To Find the Lenders
Powerfull Ads That Lure Investors To You Like Bait on a Hook
Tricks of the Trade In How To Get More Money From The Lender
National Directory of Hard Money Lenders
CHAPTER FOUR…………48
How To Find Distressed Properties
Pre-Foreclosures Mean Big Profits For You
How To Use The Power of the Internet & Save Yourself Money!
City Hall! You Can’t Fight Em… But You Can Use Them
How To Deal With a Homeowner Who Is In Foreclosure
Authorization To Release Mortgage Information
Postcards and Letters To Use To Lure In Prospects
Abandoned Properties …But Not For Long
Real Estate Auctions
REO – Real Estated Owned Properties
Divorce Properties
Properties That Are In Probate
How To Find An Out of State Property Owner
CHAPTER FIVE…………..84
Inspection of the Property
Questions to Ask the Realtor To See If The Property Qualifies
Hang With Your Appraisers!
Not All Homes Are Created Equal
Do The Repairs Myself and Save Money?
Inspections: A Necessary Evil!
Know When To Use Professional Inspectors
What To Look For In a Home
Tell Tale Signs of Potential Problems Check List
13 Potential Monster Problems Checklist
Distress Property Inspection Checklist
CHAPTER SIX………………..107
Estimating Rehab Costs
Rehab Costs
Cost Estimate Guide
How To Save Money On Repairs
Sizzle Features That Sell Your House Fast
Logical Order of Repairs
Rehab Timeline
CHAPTER SEVEN……………….119
Crunching the Numbers
Basic Rehab Buying Formula
Offer Worksheet and Explaination
Making an Offer To The Seller
Bidding on REO’s
Dealing With Private Home Owners
How Not to Be Taken For a Ride With Repairs
Should I Use a Handyman or Contractor?
What a Handyman Should Be Used For
What To Look For In A Contractor
How To Get Buyers To Find You!
What Should You Sell The House For?
How To Pre Qualify a Buyer
Flipping The House For Maximum Profits,
Six Step Marketing Technique
CHAPTER EIGHT…………………….162
Sell The Property Yourself or Get A Real Estate Agent
A Top Gun Real Estate Agent
Three Things You Want From An Agent
You Do Your Thing While The Agent Does Their Thing
How To Protect Yourself And Give Yourself an Out
You Don’t Want To Give Your Agent More Than 90 Days To Produce!
Making The Real Estate Agent An Offer They Can’t Refuse
Using Local Newspapers To Find First Time Home Owners
Newspaper Ad Templates
The Buyer’s Home Inspection
FHA Loans And How They Work
CHAPTER NINE………………….172
The Simplest Way To Earn Big Money In Distressed Real Estate Properties
Joint Ventures
Assigning Properties
How Much To Charge For Your Finder’s Fee
Summing Up Your Distressed Real Estate Journey
Dictionary of Real Estate Terms
Plus all the Forms you need to operate your rehab business!
| 1 | REAL ESTATE PURCHASE CONTRACT –and EXAMPLE |
| 2 | 13 POTENTIAL MONSTER PROBLEM CHECKLIST |
| 3 | INDEPENDENT CONSTRUCION CONTRACTOR CONTRACT |
| 4 | EXHIBIT "A" SCOPE OF WORK |
| 5 | ASSIGNMENT OF CONTRACT OF SALE |
| 6 | PROPERTY INSPECTION / ESTIMATE GUIDE |
| 7 | COST ESTIMATE GUIDE - TEMPLATE |
| 8 | 15 MINUTE ESTIMATE GUIDE - TEMPLATE |
| 9 | 15 MINUTE ESTIMATE GUIDE – EXAMPLE |
| 10 | OFFER WORKSHEET - TEMPLATE |
| 11 | OFFER WORKSHEET - EXAMPLE |
| 12 | AUTHORIZATION TO RELEASE INFORMATION |
| 13 | REHAB TIME LINES |
| 14 | REHAB PLANNING SCHEDULE |
| 15 | CONTRACTOR PAY SUMMARY SHEET - TEMPLATE |
| 16 | CONTRACTOR PAY SUMMARY SHEET - EXAMPLE |
About the author
Glen Gallucci actively buys, rehabs and sells residential properties. He has invested, renovated and built numerous residential and commercial projects during his 30-year career. A well diversified businessman; Glen is also engaged in real estate education. From the trenches, and with his down to earth "tell it like it is" format, his business experience proves invaluable for the beginner as well as the seasoned investor regarding the successful structure of a wholesale or rehabbing business. Glen is a member of the NJ Realtors Association, along with being a board member of the Garden State Real Estate Investment Association in New Jersey where he hosts the Association’s 475 member monthly sub group meeting called "The Rehabbers and Wholesalers Roundtable." Glen is also a member and volunteer speaker at the Greater Westchester Real Estate Investment Association in New York.
WHAT OTHERS ARE SAYING...
Dear Glen,
Ever since you’ve started hosting the Rehabbers Sub group meeting at Garden State Real Estate Investors Association (GSREIA), I have heard nothing but praise and accolades from our members on the great job that you are doing.
Your teaching is very thorough. I can think of very few teachers out there that can literally take a beginning investor by the hand and lead him to success in the world of single family rehabbing business.
As an active real estate investor myself, I have learned so much from your rehabbing course which gave more confidence on acquiring distressed properties and knowing exactly what to look out for to maximize my profit and minimize my costs. And as president of GSREIA, you are truly an asset to the organization and to all our members.
I whole-heartedly recommend your course to anyone who is looking to get started properly in the world of real estate rehabbing.
Sincerely, Jonathan Olaso
President GSREIA (Garden State Real Estate Investor's Association)
2002 – 2003
"If you can only listen to one real estate guru - make it Glen Gallucci. You will learn more invaluable information in 5 minutes from Glen than you will in 5 hours from anyone else. He's done it all - wholesaling, rehabbing, financing, joint-venturing - and he shares his vast reservoir of experience, including mistakes to avoid, in the most tell-it-like-it-is presentation you will ever hear." Bruce Baker, Real Estate Appraiser and Investor
Westfield, NJ
Dear Glen:
Thank you for all the valuable information, insight and motivational inspiration that you have provided us over the past year. You are one of the best "rehab" speakers out there and you are definitely a "Seasoned Investor".
Your course A Seasoned Investor’s Guide is a textbook for real world investing and a must for anyone who is serious about their real estate business.
Glen, we cannot begin to thank you enough for your support and the knowledge and friendship you have shared with us. You’ve made a huge difference in our lives. God Bless and Best wishes.
Alvin & Marlene Lambert
Presidents, GWREIA (Greater Westchester Real Estate Invesotor's Association)
2003-2004
You have no idea how useful your lessons have been. I recently gained courage to buy and rehab a property that is giving me very nice cash flow in Newark, largely because of knowledge gained from your training.
You are good, no doubt about it.
Wambugu Thuo
Fords, New Jersey
I was very enthused by your natural talent for speaking, straight talk, smart-light-hearted demeanor, know-how and ability to connect with me and other folks at the Wholesale/Retail meeting last February from the ‘stage’, in person, and on the phone.
You have helped many (Including myself with your Wholesaler Email Package) get on the road to what it takes to be successful in this business via the GSREIA Yahoo! Group, meetings, etc.
I am familiar with many of the Guru’s and their strategies and, in my opinion, you rank with the best because you’re walking the walk, talking the talk and helping others do the same while actually helping us do it. I believe that your new course will be a tremendous success.
John K. Flanagan
Rahway, NJ
Glen has deconstructed the myth about rehabbing houses. His wholesaler's package
has simple steps on how to estimate the repairs of a house. Glen's Bus Tour showed us step by step on how
the rehab process works. You can attend his Rehabber's round table every month to learn more about the
process and the short cuts. You can ask him any question and he patiently answers it in an easy to
understand language, peppered with humor. You can tell he has faced that challenge many times before and you are not getting a textbook answer.
I can now walk into a house and in 20 mins have a ballpark estimate of repairs. Without a doubt Glen has
been a major contributor to my Real Estate education. Most importantly he has removed the Fear of the
unknown when walking into an ugly house.
Mohit S. Jain
Edison, NJ
You have a way of making some complicated information very simple to understand and follow. I know your encouragement has helped many investors in rehabbing business as well as it will help many new investors in the future.
Frank M.
GreenBrook, NJ
Glen's bus tour, sub-group, and advice ( mentoring ) has been a
great help to us in identifying potential deals or potential monsters!
Glen brings a mixture of humor and seriousness to the sub-group,
which is a benefit to all, and is very informative. He always stresses
that a property's "monster problems" are not to be taken lightly.
His expertise and honesty are greatly appreciated.
Michael & Marcia O'Connor
Secaucus, NJ
I've gotten my share of RE courses, and they've been very valuable to me throughout my investing career. Glen Gallucci's course "A Seasoned Investor's Guide on How to Buy, Fix & Flip Distressed Houses" is definitely one of my favorites. This course contains detailed REAL WORLD examples of how to find properties, get the money to pay for them and get them rehabbed the RIGHT way. It's obvious that the author is coming from many years as both a contractor AND an investor. To be able to learn how it's really supposed to be done from someone with Glen's experience is invaluable. This course is a MUST HAVE for anyone serious about this business.
Greg Panayoti
Elmwood Park NJ
"Not only has Glen been very helpful to me, but he has been very helpful to many other novice and seasoned investors as well by giving us advice on how to acquire properties, how to repair them as well as what to look out for, and how to flip them. Being that his background is being a contractor he is very helpful in this aspect. I highly recommend any materials and/or advice given by Glen."
Bob T.
Union, NJ
Glen, What a great informative meeting you held tonight! I am a new member to GRESIA. I am the one who had to leave because my sitter must be home by 9:30 but I hung out in the hallway a little longer because I did not want to miss any of your presentation! Thanks again for sharing your knowledge and expertise.
Mike S.
New Jersey
I received the web site Programs, Both myself and David Jr. will be studying the materials and look forward to implementing what we've learn from your programs this week!
David McGriff
New Jersey
"Thank you for hosting the rehabber tour, and the monthly meeting for rehabbers and wholesalers. As a result of the bus tour I now am able to identify subtle but important items needing repairs. And at each meeting I've learned something new to help me build my business."
Phyllis C.
New Jersey
I just wanted to drop you a note congratulating you on your new coaching program that you mentioned at the meeting last night. Although we didn't get a chance to go over your "fear factor sheet ", the meeting was really great. The sample deal sheet really hit home for me. I do feel more comfortable dealing with the numbers now that I have the sheet.
Yolanda Judge
Jersey City, New Jersey
Thanks for the insightful, informative rehab tour.
Linda Lacy
Brooklyn, New York
Although I am only in my first year of Real Estate Investing in the North East, I have gained so much knowledge & confidence from Glen Gallucci. I feel that I can now handle any Real Estate Transaction that comes my way, no matter how difficult or complex the deal may be. Through Glen’s own experiences in Real Estate Investing, he has the ability to transmit real life examples, relating to all facets of rehabbing & investing, which enables you to learn the trade much quicker.
The rehab bus tour he organized was incredible, he provided us with so much information on how to rehab 3 sample houses, room by room, in great detail. The forms he gave out along with the tour, with information on the "13 Potential Monster Problems", Inspection & Cost Estimate Guides, Offer Worksheets, Contractors Pay Summaries, Contracts & Appraisal Guides were invaluable and I have used them many times over.
As a speaker & presenter at the regular investment meetings I have attended, he has that uncanny ability to break down the field of rehabbing & wholesaling in such a way as to make it enjoyable, extremely interesting and easy to follow. I would recommend him highly to anyone seeking to proceed in the right direction in the field of Real Estate Investing.
Peter R. Hemingway
Westchester, New York
Just wanted to thank you for your leadership. Your expertise and experience are so useful to me as a beginner. Your experience also allows me to feel optimistic about this field as having real possibilities.
Bonnie Ladds
Fort Lee, New Jersey
As members of GSRIEA my wife and I have had the privilege to attend Mr. Gallucci's sub group meetings. We not only appreciate his professionalism and profound knowledge of real estate, but his easy going and charismatic personality which makes learning exciting and motivating.
Orestes and Delmarie Alvarez
New Jersey
Thank you so much, you are awesome!
Mary and Art M.
Summit, NJ
(Check Out A Seasoned Investor's Guide Here)
