What a Mistake! ~ Bill Cook's The Power of Pure Options ~ May 21st & 22nd, 2022

Published: Wed, 04/27/22

What a Mistake!

Kim and I LOST $217,300 because we FAILED to do a Pure Option deal.

I recently spoke with an investor who said, "Bill, the early-bird special of $647 for your Power of Pure Options Seminar is pretty steep."

"Maybe so," I replied, "but have you considered the amount of money you'll lose if you're NOT at May's seminar in Tampa?"

Here's how Kim and I lost $217,300 because we failed to use a Pure Option on a single deal.

In February 2011, Kim and I were working foreclosures in Adairsville, Georgia. A target property we found was on Adairsville Pleasant Valley Road. The borrowers owed over $100,000. The house was vacant. We couldn't find the owners.

We loved the house and wanted to buy and keep it as a rental. The problem: The fair market value was only $85,000 - way below the loan balance, plus it needed an $8,300 rehab.

Kim called the lender and began working the lender's top bid. She successfully helped the lender understand their sale number was way too high. They lowered their opening bid price to about $57,000. Kim and I were the only investors with this information!

At the same time, a friend of mine (we'll call her K.K.) told me she was going through a divorce, needed a nice home, but couldn't pay more than $80,000. She had two young kids. I knew this foreclosure property would be perfect for them.

I promised to help K.K. buy the property at the March 3, 2011, foreclosure auction.

IMPORTANT: Without our help, there was no way K.K. would have known about, or known how to buy this property. To boot, in helping K.K., Kim and I would be giving up a great investment property.

There was an incredible deal structuring tool in my toolbox that I failed to use. MY mistake COST us $217,300!

At the March 3rd, 2011, Bartow County foreclosure auction, K.K. was the top bidder at only $57,700. Incredible deal, right?

What did Kim and I get? Nothing, nada, goose egg. Not even a thank you card.

How should this deal have been creatively structured? Because K.K. was able to buy a great house at way below market due to our effort and know how, we should have gotten a Pure Option to buy this property from K.K. at any time over the next 30 years for K.K.'s purchase price of $57,700.

Would K.K. have agreed to this? Absolutely! Why? Her other choice was to not own this beautiful home and instead be our tenant and paying ever-increasing rent.

Today, this home is worth about $275,000. By not doing a Pure Option deal, I made a $217,300 mistake ($275,000 FMV - $57,700 purchase price = $217,300)

How would YOU feel if YOU made this mistake? Do YOU think knowing how to do Pure Options would be a valuable deal-structuring tool?

Understand, you are paying for May's Power of Pure Options Seminar whether you attend or not. If you're not there, your cost could be hundreds of thousands of dollars in missed deals. Do YOU think it would be idiotic to repeat MY stupid mistake?

Pure Options are one of the least understood and least used deal structuring tools in real estate. We're looking forward to seeing you in Tampa, Florida at our Power of Pure Options Seminar on May 21st & 22nd, 2022.

Click here to watch this quick 2-minute video on the Options Seminar:

https://youtu.be/5NkPBhnbhw4

The Power of Pure Options Seminar

May 21st & 22nd, 2022

Tampa, Florida

~ $647/Attend in person

~ $347 Bring a Friend

In-Person Class ONLY!

Because the Options structures we teach are so advanced, the Power of Pure Options Seminar is an in-person class ONLY. You won't find it on YouTube. It won't be recorded. To attend this gotta-be-there Event, click to REGISTER!

May 21st & 22nd, 2022

Marriott Tampa Westshore

Tampa, Florida

Why is Pure Options a Must Attend Course?

Were you around during the 2008-2009 downfall? We had a crazy economy with even crazier real estate prices, right? Did you survive it? With education and a 'by-gosh' determination, we did! Reckon we're in for it again? Are you prepared this time?

For more than 20 years, Bill Cook has used Pure Options to make impossible deals possible. Bill learned Options from the very best ~ Jack Miller and Pete Fortunato. Bill is eager to take this baton and continue teaching the Power of Pure Options to real estate investors across the country!

Join us for this incredible 2-day Options Event and let Bill Cook help catapult you lightyears ahead of your competition! The knowledge you will gain after spending the weekend with Bill will help you learn how to talk with sellers and structure deals that will leave your competition scratching their heads and saying "What the heck?!"

You gotta be there. You know you do!

You and I know that, in this crazy market we are experiencing, Opportunities will arise on every street corner, if you know how to structure an Option.

Have you ever used a Pure Option when making creative written offers? Heck, have you even heard of Pure Options? We're not talking 'lease options' here. We're talking Pure Options.

Pure Options are one of the most powerful deal structuring tools in real estate investing, yet most investors don't know how to use them. The best part is, your competition has no clue what they are or how they work. So get a jump on them! Don't charge forward in this crazy economy without this incredible tool in your toolbelt!

Pure Options allow you to stick your foot in the door. Pure Options allow you to solve a homeowners' real estate problem, even when they might not want to sell their house right now. What? That's a thing? Then how do I make money, you ask?

Ahhh, let Bill show you!......

During the 2-day Options Event You'll Learn:

What is a Pure Option and what makes them so powerful?
The important paperwork used to secure an Option.
How you can sell a house for well below market value and still capture all the appreciation!
How an Option can be structured so it captures both appreciation and amortization in a deal!
How an Option can be used to cut yourself into a deal, even when you don't want the property!
Must an Option consideration only be cash? Hint: NO!
If cash is used as an Option consideration, when is it subject to taxation?
Why is holding an Option so much safer than holding title?
When you hold an Option, what are the ways you can be paid?
How to protect your Option from getting passed over by title searchers (Deed Dogs).
The difference between Strategic Options, Tactical Options, Magic Options, Buy-back Options, and Asset Protection Options.

These and so many other questions answered during this 2-day Event!

What types of Options will Bill discuss in class?

Strategic Options
Tactical Options
Magic Options
Buy Back Options
Extension Options
Interest Options
Asset Protection Options

What is a Pure Option?

Most real estate investors only experience with Options is when an Option is used with a Lease Agreement. Most mistakenly believe 'lease option' is a single deal-structuring tool. Wrong!

Correctly stated, it is a lease with an option to purchase within a pre-agreed-to time frame. Each deal structuring tool captures a different benefit. The Lease captures USE. The Option captures the right to PURCHASE.

We call it a Pure Option when the Option is used by itself - not in combination with a Lease Agreement.

What You Will Receive at the Options Seminar:

A detailed manual that explains what a Pure Option is and how it works.
The documentation you need to do a Pure Option, as well as secure it to the target property.
Examples of real-world Pure Options
A 100% money back guarantee if the seminar was not worth your valuable time.

May 21^st & 22^nd, 2022

Marriott Tampa Westshore

Tampa, Florida

$647 ~ Attend in Person

$347 ~ Bring a friend!

(Hurry! Early Bird ends Sunday, May 15^th)

REGISTER NOW!

Join us at the Pure Options Seminar and be a part of something special! Bill's Options Seminar is unlike any class you've ever taken before. Learning how to structure Options will catapult you over your competition. And, you will need this knowledge to survive this crazy economy in the coming months! The deal-structures discussed are real deals and the documents and paperwork will be provided in the Manual.

Click here to REGISTER!

Power of Pure Options 2-day Event

~ $647/Attend in person

~ $347 Bring a Friend

May 21st & 22nd, 2022

Marriott Westshore

Tampa, Florida

Hurry, we've added more rooms to our Group Block of $169/night, but the discount ends on May 6th. (Regular price for The Marriott is $222/night!)

Click here to Reserve your Room!

Our Guarantee:

We will not waste your time. If, for any reason, you feel The Power of Pure Options was not worth your valuable time, we will gladly refund your entrance fee - no questions asked! We greatly appreciate your support and we guarantee that The Power of Pure Options Seminar will give you the tools you need to thrive in the coming crazy economy!

In-Person Class Only!

Because the structures we teach are so advanced, The Power of Pure Options Seminar is an in-person class ONLY. You won't find it on YouTube. It won't be recorded. If you want to attend this gotta-be-there Event, then click here to

REGISTER!

Join us for an incredible 2-day Event with one of the most experienced investors in the country – Bill Cook.

Bill will teach his 2-day Deal-Structuring Course, The Power of Pure Options at The Marriott Tampa Westshore on May 21st & 22nd, 2022.

Come spend the weekend with a ballroom full of your closest real estate investor friends! The networking opportunities alone will be worth the admission!

Don't delay......

REGISTER NOW!

The Power of Pure Options 2-day Event ~ $647/per

Bring a Spouse or Friend ~ $347

Hurry! Early Bird ends May 15th

Hope to see you there. Call Kim Cook at 770 815-8728 for more details or visit www.BillandKimCook.com to register online.