Create a note for yourself from this
lesson. Notes allow you to quickly jot down any valuable information you'd like to review later. You can find your notes by clicking on "My Notes" in the profile navigation menu.
Public. Make Private
Want our step-by-step formula for flipping houses from your cell phone? Get it here.
(Note: Want the best system for fixing and flipping houses in the world? This brand new report exposes our step-by-step formula for wholesaling houses site-unseen in ANY area of the country … all from the comfort of your cell phone! Learn more.)
If we told you our mission is to wholesale properties without physically seeing them – armed only with a laptop and a cell phone -- you would probably ask…
Can it be done?
And we would say…
We are GOING to do it.
And you would ask…
Are you serious?
And we would reply…
We are ALWAYS serious (When it comes to making money and investing).
How do we know we can do it? Because we are in with the cool guys and one of them, Cris Chico, lives on the edge by doing this day-in and day-out. Cris works undercover flipping 2 to 4 properties a month (that’s $20,000-$40,000 a month and $240,000-$480,000 a year!).
If you previous training assignments, agent Chico taught us how to deploy a step-by step plan, choose our team of secret agents, complete necessary research , set the bate, perfect our new identities, and master some karate moves. Now it’s time to unleash his secret weapon…
So, what is Cris’s secret weapon to completing this Mission Impossible? It is a modern day, technological concept known as bracketing. The best way to explain this to let you read the recorded dialogue between Chico and Mogul’s Director of Awesomeness, Jp (me).
Jp: So, Chico. You have just blown some peoples’ minds with the concept of virtually wholesaling. Can this really be done, without ever seeing the property – using only a phone and a laptop?
Cris: Absolutely. It’s how I do business every day. It’s a concept I call bracketing.
Jp: You think you can give us some insight to this ridiculously awesome concept?
Cris: Sure. Bracketing is based on a comps report. It’s important to know that this is an accurate report. A Comps Report gives you the prices for all the homes in that area that should be within the same price range (bracket) as the property you are interested in.
Once you have pulled the report, set the filter to list the properties from highest to lowest. So if the highest priced property is $97,000 and the lowest price is $60,000, the $97,000 will be at the top of the list and the $60,000 would be at the bottom of the list.
A lot of people have all these formulas based on ARV, repairs, and this, and that…
The easiest way to figure out your price is just to look at the bottom of the sheet. At the top you have occupied properties, but you will notice as you get toward the bottom they become investor properties. That is where you want to be – at the bottom. Submit a price that is at or below that bottom price.
Jp: Wow, you have just blown a lot of peoples’ brains out. I mean you just pulled the trigger and “splat.” They are completely in shock.
Cris: Remember, this is just a soft pass, the initial offer. You can’t use this method on duplexes and other unit properties. For those types of properties, you have to consider return on investment. The bracketing concept is for single family homes.
Obtain a thorough comps report for the potential property.
Filter the properties so that the highest priced property is listed first and the lowest priced last.
Submit a soft pass at or below the lowest comp price.
Is there a topic you'd like to learn more about? Request a Lesson
is a successful real estate investor in Florida who specializes in wholesaling in local and long distance markets. Over the last two years he successfully flipped 116 properties and generated over $1,452,108 in profits. He rarely personally inspects any of the properties that he flips or meets with any buyers or sellers. In fact, most of the markets that he operates are thousands of miles away.
Module: Investing Strategies
Expert: Cris Chico
At RealEstateMogul.com, we’re committed to delivering the awesomest, most practical, actionable content to our members … and that a big part of that is getting YOU to tell us what you'd like to learn from us. Since our REI resources are basically endless, we’d love to tailor our upcoming training as much as possible to precisely match what you, our members, really need and want out of us.
Real Estate Mogul LLC
5023 W. 120th Ave, #102
Broomfield, CO 80020
This document describes Real Freedom Inc's Purchase Agreement. When you
complete a purchase from Real Freedom Inc, you agree to the terms of the
Purchase Agreement. Please read this document carefully.
This agreement is a contract. Under the terms of the contract, you receive
certain rights due to you from Real Freedom Inc, and you, in turn, give us
certain rights that affect you. This contract also contains provisions that
delineate and restrict your rights about refunds and warranties and that limit
Real Freedom Inc's liability.
Real Freedom Inc reserves the right to not conduct business with you if you do
not agree to the terms set forth in the Purchase Agreement.
Your agreement with the contents of this Purchase agreement is a material part
of the legal consideration that Real Freedom Inc requires as a condition of
Parties to this Purchase Agreement and Disclaimer
The parties to this agreement are RealEstateMogul.com and Real Freedom, Inc,
hereafter "SELLER," and you, the prospective purchaser, hereafter "BUYER".
Persons or entities who are not participants in this contract but who have an
indirect relationship, such as a supplier, joint venture partner, membership
organization, or sales affiliate, are herein described as "THIRD PARTY OR
THIRD PARTIES." The recipient of the product herein sold, where said product
is ordered by and paid for by someone other than the recipient, is classified
herein as if that recipient were the ordering BUYER with the same rights,
duties, and obligations as the BUYER.
Subject Matter of this Purchase Agreement
The subject matter of this agreement is a product, service, or membership
described in Seller's promotional or sales materials of Seller and/or in an
email referencing this website, and said website and/or email and its contents
are incorporated herein by reference and made a part hereof and constitute a
complete description of the product, service or membership that is the subject
matter of this Purchase Agreement. This bundle of offerings, including
additional items promoted on the order page, shall, together, be termed
'PRODUCT' throughout this agreement but the word 'product' shall mean all
elements offered in the sale, whether digital, dimensional, or other license
or right, and include all sales or promotional materials.
Pricing & Terms
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RealEstateMogul.com website. This membership may or may not require a monthly
or annually recurring fee. Please see the payment terms on this order page.
Purchasers will be called and offered additional trainings. By purchasing you
are agreeing to these call offerings.
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If within thirty days, Buyer is not satisfied with the quality of Seller's
services, Buyer may contact Seller by email at
[email protected] to resolve the conflict and/or seek a refund. After thirty days, cancellation
of the monthly membership is available at anytime by emailing
[email protected] thirty days prior to the next billing date. Buyer may only use and return
Product one time. Please note that Buyer may not return for refund Product due
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or control such information except that the Buyer retains the right to
restrict contact as described previously.
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will provide information to the Seller. Buyer understands that these cookies
or other computer codes will reside on the hard drive and will communicate at
times with the Seller's computer and thereby transmit and receive information.
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requirements may result in civil or criminal prosecution.
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Seller's contact with Buyer's credit card companies in order to ascertain
information related to such fraud.
Buyer agrees that if he uses fraudulent means to receive more than one refund,
bank fees, or if he causes a fraudulent dispute claim that results in a
chargeback against the Seller's account, that the Seller is authorized to
re-charge the Buyer's credit card that was used for the original purchase to
the extent that will make the Seller whole. Buyer may also be liable for
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Product is sold 'as is' without warranty or guarantee of any kind as to
results from use of Product. Seller does not warrant that RealFreedomInc.com,
the information, content, materials, products or services included on or made
available through RealFreedomInc.com is free of viruses, worms, or any other
content that made be harmful to Buyer's hardware or software.
To the fullest extent of applicable law, Seller disclaims all warranties,
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use of RealFreedomInc.com or Product, including but not limited to direct,
indirect, incidental, punitive and consequential damages, unless there is an
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Certain state laws do not allow limitations of liability and warranty. Buyer
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including but not limited to the use of the product personally or in business,
all taxes and regulations applicable to this product, all legal compliance
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directly or indirectly from this product.
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Claims" in Sales and Promotional Materials or Product.
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This Purchase Agreement cannot be modified in any manner between the Seller
and this Buyer unless modifications are made in writing signed by both
parties. However, the Seller may modify this Purchase Agreement at any time
for other Buyers without notice to the instant Buyer.
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In the event that some provisions, terms, conditions of the Purchase Agreement
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are enforceable shall control. Additionally, Buyer and Seller agree that, if
any provision is found to be invalid or unenforceable, the arbitrating panel
will construe such provision to the maximum extent that it might be found to
be valid or enforceable.
Waiver of Breach
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be construed as a modification or an amendment to this agreement or constitute
a waiver of other breaches.
SELLER CONTACT INFORMATION
The Seller of this product is:
Real Freedom, Inc.
PO Box 48617
Tampa, FL 33646
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membership Buyer attests to have fully read, understood, and accepted the
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said affirmative digital acceptance shall be deemed to be the same as if you
had affixed your signature to this Purchase Agreement contract.
2022 Real Freedom, Inc.
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© 2022 RealEstateMogul LLC.
Your privacy is very important to us. We want to make your experience with our company as enjoyable and rewarding as possible, and we want you to use our vast array of information, tools, and opportunities with complete confidence.
This Privacy Statement explains our views and practices concerning privacy, and how they may pertain to you as a user of our website.
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Real Estate Mogul LLC
5023 W. 120th Ave, #102
Broomfield, CO 80020
(Please replace “AT” with @ and “DOT” with .)
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© 2022Real Estate Mogul LLC
Real Estate Mogul LLC
5023 W. 120th Ave, #102
Broomfield, CO 80020
FROM PRESTON ELY - MY PERSONAL DISCLAIMER TO YOU
Hi - we do everything in our power to run a good, clean business and help people succeed.
We've been in business for nearly a decade. Our mission is simple: help 1,000,000 people live lives of greater freedom. That's what gives us juice and passion.
Unfortunately, there are people and companies who do bad things and make products that don't work at all or don't work as advertised. That behavior hurts everyone.
The bottom line is there is no such thing as magic. There is no magic unicorn that will appear on your doorstep and start pooping gold bars or giving you free money.
Just because people in this program have made lots of money doesn't mean or imply the same will happen to you. In business, and in life, there are no guarantees.
Any one of the people who we happen to feature in this program have a BIG WHY - they want to make a difference and help themselves, their families, their employees and customers succeed. They want more and they apply themselves, they get outside of their comfort zones, acquire new skills, work like crazy, make mistakes, and fail, BUT THEY DON'T GIVE UP.
They implement. They don't quit. They serve. They didn't blame someone or something else for their mistakes or failures - instead, they do the HARD WORK that it takes to make a difference.
They use our tools, systems, psychology, mindset, training, community and events to succeed.
If you're the type of person that isn't willing to roll up your sleeves, learn, explore, grow and focus on helping other people succeed, our programs aren't for you.
If you're a blamer, whiner, malcontent, or just downright lazy, our programs aren't for you.
But if the content is this program and our videos resonate with you - and you can see the possibility and potential that this can work for you, then WELCOME HOME. You're in the presence of REAL PEOPLE who are helping REAL BUSINESSES succeed, thrive and survive.
It would be both mine and my team's pleasure and honor to serve and support you so you can EARN MORE, LIVE MORE and GIVE MORE.
Preston Ely, CEO
FULL EARNINGS DISCLOSURE:
RealEstateMogul LLC. (The Company) does not guarantee income or success, and examples shown at RealEstateMogul.com do not represent an indication of future success or earnings. The Company declares all information shared is true and accurate, and any claims made of actual earnings or examples of actual results can be verified upon request.
The earnings, revenue and profit results that a customer will generally achieve in circumstances similar to those depicted in the endorsements and testimonials on this site depend on many factors and conditions, including but not limited to, work ethic, learning ability, use of the products and services, business experience, daily practices, business opportunities, business connections, market conditions, availability of financing, and local competition, to name a few. Because of impediments due to any one or more of the foregoing and other factors, it is generally expected that no earnings, revenues or profits will be achieved with the use of any products or services advertised on this site in circumstances similar to those referenced in any endorsement or testimonial.
Each of the purchasers of our products and services who have provided their endorsement or testimonial for use on this site have received a refund in the amount of the cost of the product and service in exchange for their endorsement or testimonial.