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 years 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.
Home » Apartment House Riches: Home Study System
Frankly, this information is not for everyone. In any group there are lots of pessimists, skeptics, complainers, and professional failures (they call themselves "victims"). If you're one of them, just don't waste your time reading further.
Have a good life!
OK, now that we've gotten rid of the "riff raff," let's get down to business:
I urge you to bolt the door, take the phone off the hook and find a way to carve out a lousy 9 uninterrupted minutes to read these few pages that will change your whole outlook on real estate investing.
More importantly, this information has made millionaires out of people all over the country, and it can make you filthy rich too.
All I ask is for you to do what few average people--but all successful people--do, and that is keep an open mind to possibilities you haven't considered before.
It's fine to insist on proof. I'll give you plenty.
Dear Fellow Real Estate Investor,
I'm betting this is not the first real estate investing site you've visited. Let me take a wild guess at what you've seen from other "gurus" so far:
Why are these guys so insecure and inexperienced that they need to tear down other types of real estate, in order to sell you on their favorite version?
That's the sign of a real amateur. Look at it this way: A duffer golfer might be solid only at hitting off the tee. The true pro can hit the ball from anywhere.
And a true pro isn't going to say, "Putters are garbage; a driver is the only way to go." Instead he's going to tell you to match the tool to the job at hand.
What I'm going to do on this web page is give you a serious power tool for your real estate arsenal: How to invest in apartments safely, and without dealing with tenants.
Notice I didn't say apartments are the "only way" to profit from real estate. As you'll see below, I've made millions from single-family homes, using every method out there: pre-foreclosures, auctions, subject-to, short sales, rehabs, new construction, Section 8. The list goes on.
I'm telling you this so you don't think I'm some "one-trick pony," who only knows--and can only recommend--one type of real estate investing.
But almost everybody avoids no, almost everybody is SCARED of apartments. I'm going to show you
how to use other investors' fear to your advantage!
Back to golf: Knowing how to invest in apartments without dealing with tenants is like adding a massive driver to your golf game. Will you use it for every shot? No. Could you instead play an entire 18 holes of golf with nothing but a putter (single-family homes)? Yes, but why would you want to?
Wouldn't a honkin' big driver get you down the fairway to your objective faster than anything else in your bag? You bet!
Do you need a pro who can show you exactly how to handle one of those puppies? No, but it'll be a lot faster and more efficient than making all the mistakes yourself!
Investing in apartments adds that massive driver to your real estate game. With just about the same amount of effort, you'll go way farther.
Eight years ago I had my own landscaping company. I always wanted to work for myself and thought I'd make my fortune being the "Landscape King" of the world!
That dream quickly went down the toilet, because I couldn't make any decent money in the landscape business. Plus it was a lot of hard, dirty work. I'm not afraid of hard work, but I at least want to get paid for it. I thought surely there must be an easier way to make some dough!
Do you live in New England? Well I do. Every year--without fail--the winter comes and puts us in the Deep Freeze. Until we thaw out in the spring, there's no landscaping to be done. And let me tell you, snow shoveling doesn't cut it.
I spent my winters doing odd jobs just to scrape by. During my third winter, a friend of mine, who worked at a local bank, asked me if I wanted to put in a bid to repair a foreclosed property that the bank had. They wanted it fixed up so it could be resold.
I said "sure." I had absolutely no carpentry skills and no idea how to do the repair estimate, let alone the repairs. But I was desperate, and would have done anything for work.
I got my cousin to help me with the estimate. When I won the bid, he came back to show me how to do the repairs. I did the easy stuff and I hired subcontractors to do the rest.
At first I was afraid of subcontractors, but soon realized that there actually are more good ones out there than bad ones. As long as I had them sign my contracts, the jobs went fine.
Well, I finished that job and the bank gave me another house to bid on. I won that, did the work, and got another.
It was just about that time that I saw a TV show on Harry Helmsly. You probably know of his infamous wife "The Queen of Mean," Leona Helmsly. The show described how Harry, who started with nothing, began buying, selling, and holding apartment buildings in New York City (long before Donald Trump).
He quickly became a millionaire, and then a billionaire!
I dropped my Salisbury Steak Swanson TV Dinner in awe. I decided right then: That was what I wanted to do! I'm gonna own apartment buildings!
I started going to the local investment club and listening to the different speakers. I bought all the books and tapes I could find on real estate, even if I didn't find much at all on apartments. I studied the books and listened to the tapes over and over again. I networked with more experienced investors and started "bird-dogging" for them (finding them deals).
Within a short time, I was thinking about buying my first apartment, but I had a problem.
I was afraid of tenants; afraid of being a landlord. I had heard horror stories of how tenants got out of control, didn't pay their rent, and destroyed the buildings. Were all those stories true? Whoa, I didn't want that to happen to me! My snowplow and Dunkin' Donuts "Box O' Joe" seemed so much safer.
When I went to my next investment meeting, I looked for the most successful apartment owner in the group. I pulled him aside during the break, and asked him if all the tenant stories I heard were true.
He asked me if I could keep a secret. I said OK. He told me that the tenant horror stories I had heard were probably true, but from property owners who never took the time to learn how to manage their tenants and their buildings properly.
For every horror story, there were plenty of other happy landlords making a killing from owning apartments. He said, "Just look at how many apartment buildings there are out there! If it were so bad, why would there be so many?"
"Here's the real secret Dave, he said. "I just listen and laugh inside at those stories, because it keeps the competition down. I get my best deals from frustrated landlords who aren't smart enough to learn the tricks of their business."
That was the advice I needed to get off my butt and buy a building! It was only a dinky three-family at first...but hey, I was on my way!
After I got over the fear of buying my first building, within three months I had three more. Within six months I had nine properties. At the end of the first year, I owned eleven small apartment buildings, all giving me positive cash flow.
At the end of twelve months, I had a positive cash flow of $9,700 per month! Not to mention that I learned how to rehab single-family houses for huge profits and was using those profits for down payments to buy more apartments.
It's been 12 years now. I own over 6,000 units. My monthly cash flow is more than most people make in a year, and I could have retired after the fourth year! But why should I.I'm having way too much fun!
Misconception #1: "Apartments? Sure, the profits might be great, but Yuk! No way I'm gonna deal with tenants!"
What if I told you...
It's been two years since I spoke with any of my hundreds of tenants?
Of course it's a pain to deal with tenants, if you just blunder around, not knowing what you're doing. But if you take my systems, you can farm that work out effectively and profitably, so you don't deal with a single tenant.
Misconception #2: "Apartment deals must be way harder to do; I'll walk before I run, and do single-family deals instead."
Does buying a Hummer take way longer than buying a VW Bug? It's the same process. With apartments, you use largely the same methods you have with single-family homes. And where they are different, I've developed systems that clearly spell out what needs to be done and when.
Misconception #3: "It's easier to do single-family homes because there are a lot more of 'em."
Well, it's true that there are lots more single-family homes than there are multi-family properties. But there's waaaaay more competition for those homes, too. I'm living proof that you can make an obscene amount of money with single-family homes. But what do I prefer? I'd rather do about the same amount of work, and make even more money with apartments!
I'm living proof of that, too!
My family thinks I'm insane for sharing this information with anyone. But I know something they don't yet know: There are plenty of deals out there for all of us to become wealthy. If I scoop millions out of this ocean of real estate, it's still a vast ocean for my students to dip into, and pull out their--and YOUR--fortune.
When I started buying apartment buildings, there was no course available to teach me how to do it. I took what I learned about buying and selling single-family houses, and adapted it to apartments.
I found out the hard way that there are a few important differences between buying a single-family house and buying an apartment building.
I made a lot of mistakes in the beginning--some very costly. But what counts is I learned from my mistakes, and I created systems so I wouldn't ever make those same mistakes again.
My road to wealth was fast, but I still had to blaze some trails by creating those systems. I envy you!
You can travel in the same direction, I did to the gold mine but...
That's because I've grouped all of my knowledge, and all of my systems, into a manual called:
The complete system is an information-packed 143-page manual, with 10 audio CDs. Together, they explain exactly how I went from owning nothing but a rusty snowplow, and working 60 hours a week in my day job, to creating $9,700 in monthly spendable cash flow in twelve months.
This step-by-step guide makes it "connect-the-dots" simple for you to do the same. You won't make the same mistakes I did. You keep more money in your pocket, because you'll go into each deal knowing exactly where the hidden profits (& pitfalls) are.
You will learn it all, from the basics to cutting-edge stuff. Here's a sample of what I cover:
Get the shortcuts from someone who's been in the trenches of real estate investing, and who can show you step-by step how to experience that thrill of financial Easy Street soon!
Would you take medical advice from some loser who said:
Yet those quacks are everywhere in real estate! They can't point to successes of their own in some area, so they criticize it! They figure if they can't make something work, then nobody can.
I've never run a restaurant, so don't take my advice on the right way to buy a side of beef. But I do currently own 33 apartment buildings, many of which are in tough neighborhoods, where the kids are born already looking like miniature Rambos.
I therefore know a thing or two about the subject. Take your advice from a winner who can show you how to be successful, not from losers who give you 101 reasons why they can't make something work.
Here's all the power-packed information that you'll get when you order my "Apartment House Riches" system:
10 Audio CDs that you can plug into your car or home CD player and get a "classroom at home" teaching experience that will cement these concepts and amplify the techniques and coaching that I'm giving you.
Apartment Analyzer Worksheet. Remember, buying an apartment building is similar to--but not precisely like--buying a single-family home. You must evaluate each deal in a particular way. If you use the same techniques as you do for single families, you WILL get burned. If you follow my Worksheet, you WILL know what you're doing.
Due Diligence Checklist. This is where you follow through and find out if everything the owner is telling you is true. Do the tenants pay what they say they pay? Are there any hidden, below market long-term leases? Who is the maintenance contract with? How much does he really pay for utilities?
This Due Diligence Checklist is FIVE pages long. Everything is listed on these five pages. Check off the items and you've got a solid deal. Miss some of them because you don't have my checklist and...well, put your hands together and pray!
Letters, Forms and Leases
A CD-ROM that includes all of the marketing letters, tenant letters, tenant application, and all of the other forms ready to download and print so you can begin using them right away.
It also includes my famous "Never Lost In Housing Court Tenant Lease." That's a mouthful, but you want to use a lease that virtually has tenants giving up their rights. Hey, they wanted to live in your building; they must follow your rules or get out!
This lease has never lost for me in Housing Court! A $99.00 value.
Special Report: "23 Most Costly Mistakes Real Estate Investors Make and How To Avoid Them" A $59.00 value
Another Special Report - "77 Ways to Fill Your Vacancies Fast"
A $59.00 value
Another (older) real estate guru told me, with that "Listen, Son" tone of voice, that I'm leaving money on the table. He said I should be charging "at least fifteen Franklins" (fifteen $100 bills) for my system, and that he could easily do so.
But I'm willing to bet that if I can make this affordable to a whole bunch of people for a whole lot less, then I'll be able to help many more people achieve true wealth through apartment house investing.
OK, OK, I'll come clean with another reason why I'm lowballing the price of this system: I want to "rub it in" to the other gurus I hang out with, that my students will continue to beat the living, um, "daylights" out of their students, in terms of gaining wealth quickly!
So, to help YOUR bank account (and MY ego), I'm offering "Apartment House Riches" for the very reasonable investment of just $995.
Since I know it's 100% to your benefit to act right away, I want to sweeten the pot and give you every possible reason to say YES today! If you respond immediately, you'll also receive the following:
International Investing Presentation, PowerPoint and Audio:
This three disc set includes my live international investing presentation, my actual powerpoint (which you can use for your own presentations) and an international investing audio call. These valuable resources will help you start or continue with your international investments.
Principles of Success:
In my Principles of Success workbook and CDs, you'll discover the 13 common threads that unite successful people. And you'll know how to weave them into your own life.
Million Dollar Deals:
This Box-Set includes, 6 audio CD's containing information from Reginald Pasteur, Bob Bowman, The Schroeders and 2 additional CD's. Everything you need to know is right in here! A $59.00 value
30-Day One-On-One Mentoring Certificate
And be one of the 1st 15 people who order, and you will also receive a FREE Mentoring Certificate for 30 Days!
A $59.00 value
Now the BEST part! After purchasing this program, if you close a deal within 90 days of the purchase... I will give you your money back!
I will walk you through every deal that you do during that time, and you keep all the profits!
If you're one of the next 19 people to act, I'll personally answer your questions, mentor you, and provide the solution to any challenge you face, for a full 30 days.
I offered this bonus to some of my students last year, and I've had my plate full ever since. Fortunately for you, some of those mentoring arrangements are wrapping up.
By the way, the first four bonuses are yours to keep even in the unlikely event you decide to use my ironclad money-back guarantee.
What I'm saying is, don't decide now if this product is for you. Just get it and try it out. If it doesn't do everything I say and more, if you don't save money, time and frustration, if it isn't life-changing, if you don't say "WOW!" you have nothing to worry about. That's because you can get every dime of your money back under my no-loopholes guarantee. So you have nothing to lose and everything to gain.
Your investment is only $995 for all this proven, profit-building advice.
Look, I'm serious when I say that I want to take all the risk here.
If you don't like it, or you feel it's not what you expected it to be, simply return it within 30 days, and I'll completely refund you for the system. I simply don't know how to be more fair than that.
I take ALL the risk on myself...but I don't know how long I'll continue to offer this deal, and I reserve the right to yank it off this website at any moment (maybe tomorrow).
My Common Sense Meter tells me that trying out a system that's made me and others millions upon millions of dollars is worth testing. What does yours say?
If you prefer, just call my office any time at 800-649-0133 to place your order. Be sure to say you want the "Internet Bonus Deal," to get all the bonuses above.
Any way you order, I look forward to proving to you how you've just made one of the smartest profit moves on the planet. Congratulations!
To your QUICK success,
P.S. I invite you to join my "Inner Circle" of students I'll personally mentor to success. But I strongly advise you to reserve your copy of my system NOW, in order to lock in your personal mentoring. Don't delay while others grab YOUR spot. Take me for a drive by calling 1-800-649-0133 right now, while it's fresh on your mind.