In the last 14 years, Dave has rehabbed or invested in 726 properties. That’s an average of one deal every 5 days. He started with no money, no time and no experience... and you can too. He’ll show you exactly how.
Dave was a “burned out landscaper” who 14 ears ago took a step toward financial independence. When Dave started, he had a total of $800 in the bank. After years of pushing dirt and railroad ties around in his landscaping business he was exhausted.
With no experience, and his family telling him “Dave, you’re making a big mistake!” he developed and tested his own real estate system over time to perfect it for others to use. One of his key areas of focus over 14 years of doing deals is finding money to invest in apartments. In 2008, he got over $22 million in private money to fund 11 deals with a market value of $87 million. He now controls over $242 million in real estate across the country.
Dave is the best-selling author of 3 books and has been featured in Readers Digest, Kiplinger’s and other magazines as a self-made millionaire.
I’m coming to your back yard for 2 Full Days and I’m on a mission to “break down the locked doors” of real estate cash flow by showing you how to “win” in your home town, right now, with no money out of your pocket and no experience in you head...I will provide everything you need...
From The Desk of Dave Lindahl
Dear Real Estate Investor,
Did you know you are sitting in one of the prime areas of the country for creating wealth in Multi-Family and Commercial Real Estate? More wealth will be created in the Texas area in the next two years than the following eleven years combined.
How do I know this? My name is David Lindahl and I wrote the book on real estate market cycles...literally. It's called "Emerging Real Estate Markets" and it sat in the number one best seller list for quite a while.
I've been a real estate investor for the last 17 years and now own over 7,000 units across this great country of ours. Like many real estate investors, I didn't start out "successful", as a matter of fact; I was broke living in a one bedroom apartment with only the desire to create a better life for me and my family.
At the time, I was running a struggling landscaping company that didn't provide much income in the cold, snowy winters of the northeast. Fortunately I had a friend who worked for a bank that asked me to do the repairs on a property they had foreclosed on.
Although I had no idea how to bid that job, let alone how to do the work I somehow won that first contract and had friends and family members help me get the work done.
The bank was happy and gave me another job, and then another, before you know it, I was working on several properties...actually, I had a lot of sub-contractors working FOR ME, on a lot of properties.
“After attending your event my husband and I purchased a 54-unit apartment building in Memphis. The property we purchased was listed at 1.4 million. The value play in this property was bad management.
The units were 20% vacant.
After doing the market analysis on the property, we figured the property was at least worth $1.4 Million. That is initial equity of $300,000! And the best part is, we didn’t put a dollar of our own money down. It was all private money!
We put less than 10% down. We now own an investment that cash flows $5,000 per month. Our property manager is already busy collecting back rents, the repairs are completed and in less than 2 months the property is almost back to normal.”
—Marilyn Mears
Stockton, CA
Then I discovered the secret of real estate...it wasn't working on properties for the bank, although I was finally making money doing that, it was owning the real estate and collecting cash flow checks every month. That is how real financial freedom is created.
Though when I first started out, I really wasn't interested in owning long term because I didn't want to deal with the hassle of tenants...I had heard all kinds of tenant horror stories and I didn't want to have a part in one of my own.
Then I discovered the second secret of real estate...have good quality management companies manage the properties. I would do my part, which was buying the properties and then I hand them over to the management company and I let them deal with the tenants, collect the rents, do the repairs, pay the bills, pay the mortgage and most importantly, send me cash flow checks!!
Using this strategy I created a $9,700 per month cash flow coming into my one bedroom apartment in just over twelve months! That made a huge difference in my life...imagine what that would do to your life!
Best part was, I didn't deal with any tenants, didn't have to take out any trash or clean any toilets!! The management company did all that...I just cashed checks...still do!!
Oh, by the way, the $9,700 per month came from buying small 2 – 6 unit properties!
After a few years, I discovered the third secret of real estate...the bigger the property, the easier the deal and the more money you make! This might sound crazy but it's true. The people you deal with are much more professional because they are making so much more money.
This is because everyone gets paid based on the size of the deal. The brokers get commission, the bankers get points, the management company is paid based on collected rents, and even the property inspectors get paid by the door! The bigger the property, the more money these people make so therefore, the more talented and efficient people are doing the bigger deals, which means it will be easier to do the deal and you will make more money.
I know this first hand. I now own over 7,000 units now. When I first discovered this, I began buying forty units deals then eighty unit deals and the one hundred plus unit deals. I watched many of my students in the Orlando area do the same thing!
The bigger the deal, the more cash flow we all get, the more appreciation we all get and the bigger the acquisition fees!
Are you wondering what an acquisition fee is? That is the money your investors pay you for bringing the deal to the table. The acquisition fee is from 1-5% of the purchase price.
So if you bring a deal to the table for $1,000,000 and you are getting a 3% acquisition fee, you will be getting $30,000 at the closing!!!! How sweet is that!!! And you know what...its industry standard in the commercial business. Your investors expect to pay you that fee!!
You noticed that I was talking about investors...let me explain to you...
The forth secret of real estate is using other peoples money to do your deals!!! I had to use other peoples money to do deals when I first started because I had none!! Now I've got a bunch but I still use other people's money to do my deals because you can control more deals and make more money that way!!
When I come to Kansas on April 14th and 15th with my team, I am going to take you step by step through the process of buying multi-family and commercial real estate using none of your own money!
It's easy, I promise!
After doing bigger deals...by the way, you don't have to start with bigger deals, the most important thing is that you get started, so start where you are comfortable and the big ones and the big money will come fast!!!
So I started doing bigger deals, a lot of bigger deals. I was able to do a lot of deals in a short period of time because of all the marketing I was doing, which brings me to...
You're in the marketing business. The sooner you realize this the better, yes, real estate is your product but you are in the marketing business. You know you can have all the skill, all of the knowledge but if your phone is not ringing...your eating baloney sandwiches tonight and staying in on the weekend while the rest of us go to our favorite restaurant and order the prime rib!
When we get together on the April 14th and 15th I'm going to give you some of my best performing marketing pieces so you'll have motivated sellers calling you on a regular basis so you won't have to wait to go to your favorite restaurant on the weekend, you can go every day of the week and order what you want, when you want!!
Here is another thing that is going to start happening when you send this marketing out...you're not only going to get multi-family owners calling you. Once in a while you will get storage owners calling, retail owners calling, office building owners calling because owners of multi family properties sometimes own other properties too!
At first, I would politely tell the seller that I was not interested in their property, until I learned the...
The sixth secret of real estate is becoming a Transaction Engineer. What is a Transaction Engineer? A Transaction Engineer has the ability to make money off of any type of deal and from any type of seller that calls in off his/her marketing.
That means if you have an office building owner call, as long as you know how to structure the deal and the property IS a deal, then you can put it under contract and immediately sell it to another buyer. This is called Wholesaling!
If you have no desire to own an office property, that's OK, if you have no desire to own a warehouse or a hotel, that's OK but why not flip them and make some money from them.
When I learned this secret, my bank account was very happy and yours will be too!!! Becoming a Transaction Engineer will allow you to become wealthier faster with very little effort.
All you need is an understanding of how to structure the deals of the five major commercial properties and shazam! You can now make money off of any phone call that comes into your home or office!!
So of course, we will be focusing on making you a Transaction Engineer at the two day event!!
Since we are talking about that event, I going to share with you at the event...
The seventh secret of real estate is systems! Having proven systems that work over and over again is the only way to explode your business and create the life you and your family deserve.
Ray Kroch learned this when he created McDonalds, that's why there are over 2 Billion served! Henry Ford learned this with Model T and created a new industry, systems allowed Steve Jobs to do what he did when he created the rebirth of Apple (did you get your new iphone upgrade yet?!).
Systems allow you to delegate the tasks that you are not good at, systems allow you to focus on growing your business instead of working in your business and when you aquire other people's successful systems, you hit the ground running and you avoid making a lot of mistakes the system creators made when they were in the process of creating the system.
This means you make money faster and you keep more money in your pocket...how nice!!
We'll be disclosing all of my proven systems at the two day event in Kansas so bring a pen and a lot of paper. You're going to be taking a lot of notes, notes you'll be able to use to start making money on Monday morning.
This is What We Call Mail Box Money...
Imagine this, you have just spent your second week at your favorite vacation destination. The place that you have always wanted to go to or the place you have already been that makes you feel so at ease, so relaxed, so at peace...
It's time to start packing to begin your journey home and at the last minute, you say "screw it, I'm staying two more weeks!" and that's exactly what you do.
You can do this because you are now the owner of many multi-family and/or commercial properties. You have management companies managing the properties, you have contractors doing the work on those properties and in your mailbox every month comes a stack of checks in little yellow envelopes.
You instruct your management company to send each property check in its own yellow envelope so each time you go to the mailbox and you see one of those little yellow envelopes, you know you have a fat check waiting to be deposited in your bank account!!
It gives you a reason to want to go to the mailbox again!!
And here's the best part, no matter what you do, where you go or how long you stay, you are powerless to stop those little yellow envelopes from coming into your mailbox! And that's a beautiful thing!! That's why we call it mailbox money!!
By the way, that is the life that I and many of my Kansas students live right now! You'll be able to meet and network with some of my students at the two day event.
Once you join us, you become part of the family and we always have family members coming back, showing their face and helping the other students understand their market...I also think they come back to brag about all they have done and I don't blame them!!
Good question. When I first started doing seminars, I was told by other people in the business to charge $1000 per day. So a two day seminar would cost $2,000, and that's what I did.
I have actually done many three day seminars where people have paid as much as $5,000 to attend and I gladly accepted. You see, word quickly spread about the powerful and effective systems I was creating and my events started selling out very quickly. People actually started offering more money than I was charging but unfortunately, when the room is full, it's full and there was nothing I could do.
For this event in Kansas, I'm not charging $1000 per day, I'm not charging $500 per day or even $250 per day. I know we are in one of the worst recessions in our nations history. I know there are a lot of people hurting right now, looking for a solution to their cash flow problems. I know how that feels, I lived that life in my twenties.
I also know that I was blessed to be exposed to real estate investing and a good real estate mentor, because of that, my life has changed for the better and it has changed very, very quickly.
I was brought up in a very blue collar family with a strong work ethic, my mom always taught me to give back when I receive, so in the spirit of my mother and in the spirit of helping my fellow Americans, the investment in my two day event is only going to be $39!!!
I know you need a break, I know you need someone to take you by the hand and show you step by step how to create cash flow and wealth in you life. I know if you were just given a chance, you could change your life...this is your chance. Don't look a gift horse in the mouth.
What if you were given all of the systems you needed to create a nice portfolio of real estate that spit off check after check after check, so many checks your mailman could not close your mailbox...
What if you could skip the learning curve, save time, save money and make a BOATLOAD of Money!
Save Time... Save Money...
What if... you could get your first deal done in the next 30 days?
What if... you could get your next Multi-Family or Commercial property
closed and cash flowing 4 or 5 figures per month in the next 30 days?
What if... you could find an endless supply of Private Money Lenders that would give you all the money you would ever need to make these deals happen?
In short -- What If... an experienced, successful real estate millionaire shared his entire business with you so that you could be ready to make it your own?
That's why you want to attend this two day Summit event. These are two days that will change your life. What do you do on the average weekend? Mow the lawn? Do yard work? Shop for groceries? Watch television? Go bowling? Can't remember?
Enjoy a weekend unlike any you have ever experienced! Come to Kansas, KS and spend two days you and your family will remember for years to come. July 4th is Independence Day. April 14th and 15th will be your "Financial Independence Days," this we'll be the weekend you learn how to achieve true and lasting Financial Freedom!
Can't take off the whole two days? No problem! Some of our attendees last year could only make it for one day and they still learned techniques that have put hundreds of thousands of dollars in their pockets! What if they didn't attend? All those profits would be going to someone else.
You didn't attend last year, they did and they are doing deals and changing their lives, this is your year!!
Just one idea that helps you make an extra $10,000 this year is enough to make this event the best investment you'll make in 2011!
I'm going to give you a bunch of bonuses that is going to make this a no-brainer. Just the value of the bonuses alone and the quality, how to information they provide is going to make you want to sign up and show up!!
You’ll get your own copy of my New Book A Complete Guide To Making Money in Real Estate in Your Home Town (A $19.99 Value)
A Complete Guide to Making Money In Real Estate In Your Home Town will give you the easy step by step methods to save you thousands of dollars in lost profits and will help you attain larger and larger paydays on each property that you buy.
This book with allow you to confidently answer the following nagging questions that all investors have: Am I paying too much for this house? How will I estimate all of the repairs properly? How do I find and control the contractors? How long will this project take? This book is a system designed for you to use over and over again in your real estate business.
You’ll get your own copy of my Million Dollar No Money Down Deal Structuring Series (A $149 Value)
In one sense, those late-night TV gurus have been feeding you a big lie. They say there's plenty of real estate out there that can be bought with no money down.
Well, I know a couple of things about real estate, given that I've been involved in more than 550 deals, and I control close to a quarter-billion dollars of real estate.
Here's the truth: You might come across a truly good, no-money-down deal once every couple of years—if you're lucky.
That's no way to get rich. There are far more good deals out there that require some money down, but here's the good part: It doesn't have to be your money.
That's where my this 3 part No Money Down Deal Structuring Series comes in. I reveal more ways you can get into much better deals than you’ve ever heard about—and my kind of deals are far more abundant in your local market.
You'll get your own copy of a 30 Days To Your Next Deal Blueprint (A $49 Value)
Your next bonus is something that people have found extremely helpful: It's a 30 Days To Your Next Deal Blueprint. You see, everybody seems to have different needs and challenges in real estate investing. Therefore it's important to start by knowing where YOU are in your investing journey:
You may have no idea how to find the time to invest;
You may have the time but don't know how to find leads for good deals in your area;
Maybe your roadblock is finding financing for your deals.
I designed this action plan session to help anyone overcome any obstacle they may face in getting their next deal closed!
You'll get your own copy of a Special Report titled 8 Ways to Prosper in Today's Real Estate Market (A $99 Value)
You want to make the most money, don't you? Well, it won't happen by following the great herd of humanity that flocks TO real estate when it's hot, and runs FROM real estate when the newspaper headlines tell them to.
You'll make your dough by following my calm, quiet, and timely advice.
You also want to make sure to minimize your risk. My special report is tailor-made for the crazy economy we're in today. It explains 8 key things you should be doing right now to make the most money in tough times.
You'll get a copy of my Emerging Market Cycle Cd (A $49 Value)
The next best thing to sitting down with me to go over my system for finding emerging markets around the US, is to listen to me explain it thoroughly on this Audio CD at your leisure. I spend more than an hour going through how it's possible for you to start your real estate career right from where you are now.
You don't need more money, education, or time. You simply need someone to show you a tested and proven series of steps to follow. And you just need to know the right area to invest.
In this special presentation I methodically discuss the realities of where the best markets are all around the country.
So now you have a choice to make...
You can continue struggling on whatever path you're on. You can continue to imagine and dream of getting involved in creating a successful real estate business...
... but always be disappointed and frustrated with your lack of progress and results.
Or...you can make a modest one-time investment in your business and get help from someone that has been there before who will walk you through exactly what you need to do to take your business online, or take it to the next level!
I will give you absolutely the very best guarantee you can get on anything anywhere. And just so you know, many events offer to reimburse you, but only for a portion of your fee after the first day, then you go home. Not me! I go 10 steps beyond that, and either you're 100% satisfied or you'll get a FULL refund AFTER the entire 2 days. Here it is...
Attend the ENTIRE EVENT. Grab and keep the thousands of dollars in bonuses I send you upon registering. Learn all my secrets for getting fat monthly checks.
I insist that you leave this event with a crystal-clear, excited plan for realizing your financial dreams. Otherwise — and you're the sole judge of this — you can approach me or my staff and tell us. With no questions asked, we will give you the following:
There will be NO hard feelings. No hassles. You WILL walk away THRILLED with this event... or I can't in good conscience keep your money.
I'll See You At The Top!
Dave Lindahl