|
Properties are selling cheap, but today its harder than ever to borrow from a bank. Interest rates and prices are low, but its nearly impossible to get an investor loan. This is the time to buy with owner financing. I bought my first fifty properties, including apartment buildings, commercial buildings and many houses, using owner financing.
Learn to keep both your share and the banks share of the profit and you will have more fun and make a lot more money.
Topic for Meeting:
Buying and Selling with Owner Financing
Meeting Particulars
Tuesday, September 8th, 2009. Registration and net-working at 6:00pm.
Meeting at 7:00pm.
Scottish Rite Center, 1895 Camino del Rio South, San Diego CA, 92108
$10 for members, $20 for non-members
John Schaub has prospered during three recessions, four tax law changes and interest rates ranging from 6-16% in his 35 years as a real estate investor. His 2005 best-selling book, Building Wealth One House at a Time, assisted more than 50,000 real estate enthusiasts on their way to successful investing. His 2007 book, Building Wealth in a Changing Real
Estate Market, is available online and in bookstores.
John recommends buying better, well-located houses rather than cheaper houses and other management-intensive properties. Better houses are more profitable and far less trouble. He advocates paying off debt, owning properties free and clear, and renting only to long term, high quality tenants.
John buys, sells and manages his own properties, and enjoys providing quality housing at fair prices for working families in his community. He teaches two Making It Big On Little Deals seminars each year where students learn how to identify the best investment property in their town, how to buy it at below-market prices, and how to negotiate terms that guarantee a profit.
John also invests his time helping those who cannot afford to buy a home through conventional sources through his work with Habitat for Humanity and the Fuller Center for Housing. John has served for more than 20 years on the board of Sarasota Habitat, 7 years on Habitat’s International Board and currently serves on both Habitat’s US Council and on the board of the Fuller Center for Housing.
John, a Florida native, is a proud graduate of the University of Florida, where he earned his B.A. from the College of Business Administration in 1970. He is an accomplished boat captain (power and sail), fisherman, skier (snow and water) and an instrument-rated pilot. John loves to travel, especially with his wife Valerie and young adult children Jay, Megan and Tyler.
Members Only Download
These downloads are available only to Members.
If you have an annual membership, please login to make these links available.
Check out the Member Benefits and become a regular member of San Diego's Best Creative Real Estate Investment Club.
Audio
-
Slides
-
Have/Wants
Date of Event: September 8th, 2009 |