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Levels

Jun 11 | by duaneclark | Cash Flow, Economy, Equity, Financial Education
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REIC Program Levels

Get started now to discover which of the following 3 levels you fit in.

There are 3 distinct phases of building real estate wealth:

  1. Preparing to invest
  2. Building a portfolio
  3. Retiring

REIC clients have varying amounts of assets and degrees of ability. We’ve therefore created specific programs to cater to the needs of each client based on the 3 phases above. These include the following:

We determine which level fits you best after our initial, no-obligation consultation.

Whichever program fits you best, you can rest assured that we’re with you every step of the way. You have intimate contact with us throughout the process. 

We answer your questions, address your concerns, help you avoid common pitfalls, connect you with our community of investors, help you push through obstacles, and ensure that you enjoy the ride.

Home Buyer’s Assistance Program

This program is designed for clients in the first phase of preparing to invest. They are financially unable to purchase real estate and must take specific steps to be able to do so.

This program provides the following:

  • 6 months of credit repair and education
  • Budgeting software and tutorials
  • Mortgage preparation and prequalification
  • Home maintenance education
  • Successful mindset training

Clients complete the program by purchasing a discounted property. They are then able to enter the next phase of building a portfolio

If you have not established sufficient credit or if you have damaged credit due to bankruptcy, foreclosure, short sale, or unemployment, then our HBAP program will prepare you for building an income-generating real estate portfolio.

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The Strait Path to Real Estate Wealth Program

This program is designed for clients in the build phase. They have work history, average credit, and are in a position to begin or continue building a portfolio.

This program helps you create and execute a 10-year game plan to purchase 10 homes and generate at least a million dollars for retirement.

This program utilizes REIC’s complete Power Team to find and purchase discounted properties, then locate qualified tenants to live in the homes.

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Wealth Retirement Program

This program is for clients who have already built substantial assets and are looking for safe and sustainable cash flow during their retirement years.

We help such qualified investors locate, purchase, manage, and maximize the cash flow of equity-rich properties.

Most people ready to retire must rely on residual income from their nest egg. Unfortunately, most retirement options, such as 401(k)s and IRAs, have limited cash flow.

Real estate purchased free and clear the REIC way often leads to a residual income of 20% annually. Even when markets fluctuate, real estate cash flow rarely does. This therefore provides the stability retirees want.

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Real Estate Deals

Jun 2 | by duaneclark | 90% Discount, Equity, Money, REIC, Real Estate Investing, Strait Path Real Estate
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Fact: The smartest real estate investors make greater profits during a recession than at any other time.

While that may not be shocking news to you, you’re probably wondering exactly how it’s done.

REIC offers two ways to purchase extremely discounted real estate and cash in on this recession: 1) through local investing using the Strait Path™ system, and 2) through bulk purchase of “REOs,” or bank-owned properties, which are made available to clients of our investment program.

Purchase Real Estate in Your Local Area at 15% Discounts or Greater

One of the cardinal rules of our Strait Path™ system is to never purchase real estate unless you can get at least a 15% equity position up front.

Our revolutionary finding system utilizes four key elements to discover the best deals in local areas, usually before other investors are even aware of them.

In other words, we find the “deal-of-a-lifetime” every day. And in the current market, discounted real estate is easier to find than ever before.

Join our investment program now to capitalize on this recession.

Purchase REOs at 90% Discounts

Download “The Perfect Real Estate Storm” (PDF File)

Buying bank foreclosures at incredible discounts is probably the most profitable form of real estate available, but the opportunity to do so is rare because it only occurs during economic recessions.

Banks can leverage up to ten times their assets, which gives them an incredible advantage to create profits during typical markets.

However, this can backfire if, during an economic slowdown, a bank’s real estate portfolio has too many high-risk loans that foreclose. A bank must maintain particular ratios to be able to continue lending, and if they are carrying too many REOs (real estate-owned properties) on their books, then they cannot lend until they liquidate their bad debt.

In other words, their foreclosed homes actually count against their ratios and prohibit how much lending they may do. In order to avoid foreclosure themselves, banks will sell off their real estate at tremendous discounts.

The fastest way for a bank to liquidate its REOs (the real estate it owns because they got the house back after a loan defaulted) is by selling off the homes in bulk packages. Banks will either sell or auction these homes off to large accredited (valued at over $100 million) institution; it is nearly impossible for everyday consumers to buy real estate at these steep discounts.

The past has shown us that there is usually a small window of opportunity for this type of real estate investing. Wise investors, who successfully purchase and manage these REOs, create the greatest wealth in the fewest number of years.

This REO form of investment is particularly powerful because it can often be acquired at a 90% discount, and held free and clear in order to create a pure cash flow.

The current recession, initiated by the subprime mortgage crisis, is different than most recessions. Because organizations like Fannie Mae created seven years’ worth of high-risk loans, foreclosures are predicted to remain at a high through 2012. This may mean that the window of opportunity on REOs could last the same amount of time.

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How do you Succeed when others fail?

May 13 | by duaneclark | Financial Education, Lease Option, REIC Testimonials
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This is a question that I have asked myself many times. This is a question that I have asked many mentors in my life. This is a questions that I asked Jerry Kou. Jerry has been a client of REIC’s for about five months now. He just recently bought his first investment property. Being new to real estate, he didn’t know how to do it himself. He sought out a team of professionals who could assist him and teach him what to do. That is why he became a client of REIC, because of the system, team, and education they have provided to him.

There was one area that Jerry sensed some apprehension in. It was in executing a lease option. This is when we find a tenant to occupy the property using REIC’s compassionate financing program. Having never done this before, he felt anxiety, fear, doubt if it would work, but he also had faith, hope, and believed it could be done. He was willing to apply what he had learned from his personal portfolio consultant, and empowered himself with knowledge.

Once he had his home under contract, he started to market the property. He didn’t wait for someone to tell him to start, he just took the step on his own. He had 17 people view the home in two showings. He had seven of those fill out an application for consideration, and had three people begging to pay him between $4000 to $10,000 to move into his property. He called back the family who he believed would be best for the property to see it again. They arranged to meet at 10:00 PM. At that appointment, this particular family decided to back out at the last minute. Jerry didn’t become fearful, didn’t doubt, didn’t get worried. He immediately picked up the phone and told the next family that one had decided to not move forward on the purchase of the home. He asked if they were still interested. They made an appointment for the next family to see the home at 8:00 AM the next morning, had them sign their contract, and went to the bank that afternoon to pay him a $10,000 option payment and the first month’s rent for $1350. Jerry said, “That the hardest thing to do in the Compassionate Financing Program is deciding which deserving family will get your home.” He had his investment property under contract before he even closed on the property.

Why did Jerry succeed? He could have easily said that I cannot market a property I don’t own. I don’t know how to run an open house. I can’t call someone at 10:30 PM to see if they are interested in leasing my home. But he didn’t. He said I can do all of these things. Jerry was:

1. Teachable
2. Had a vision of what he wanted
3. Applied the knowledge from his mentors
4. Empowered himself that it is possible.
5. Did not give up.

You to can succeed, just like Jerry has. The choice is yours. Will you succeed where others will fail? We shall see.

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