Register NOW and Save $100
EarlyBird Specials
(Hurry! Price increase after 8/14/22)
~ $847 - ZOOM from your living room
~ $647 - In Person ($200 travel discount)
~$497 - Prior What Box? Attendee
~ $447 - Bring a Friend
Bill Cook's What Box? Seminar is a continuation of his Ultimate Seminar with Vena Jones-Cox. What Box? is the ONLY Seminar that is focused on Structure Stacking.
The real estate industry is heading toward interesting times. Are you ready? Do you know how to incorporate Structure Stacking into your deals to make them better? Come let Bill Cook show you how!
Why is Structure Stacking a Skill Worth Mastering?
Have you counted the
number of leads you've thrown in Trashcan City because you believed there was no deal there? Do you wonder how much this is costing you each month?
Most 'investors' who started after 2012 focused
on wholesaling and/or flipping. This means that, to do a deal, they must get a property under contract for seventy cents on the dollar minus all expenses.
If a seller doesn't agree to this structure - the
BIG DAMN HAMMER offer - many (wrongly) believe there is no deal to be done, and throw the lead away!
What if you had the creative tools in YOUR deal structuring toolbox to buy a
property, pay MORE than its fair market value, and still make a great return on your investment?
Example of a Structure Stacking Deal
A few years ago, I (Bill) took a group of 60 real estate investors door knocking. We were not in Georgia.
At one of the houses, the owner pointed to the house across the street and said, "My neighbors are about to put their house on the market. He's retiring soon and wants to move to Florida."
We call these Shadow Sellers. A Shadow Seller is someone who will put their home on the market within the next 12 months, but it's not on the market yet. Neighbors often point out the Shadow Sellers in their neighborhood.
We trotted across the street and knocked on the Shadow Seller's door. The owner confirmed what his neighbor had said.
He told us his house was worth about $165,000, and he wouldn't take a dime less than $165,000. His was a nice three-bedroom, two-bath, two-car garage, stepless ranch. It was in great condition: and only needed a $3,000 interior paint job.
After inviting all 60 of us in, he let us know that he wanted a quick sale, would rather not go through the hassle and cost of using realtors, and said it would be five months before he would be ready to move to Florida. We also learned his home was free and clear, and market rents in the neighborhood were $1,350 per month.
Remember, I found this deal by knocking on the homeowner's door. I'm about to make a creative purchase offer the owner will likely accept. The problem is, I do NOT want to own this home. It's NOT in my five-mile investing
circle.....heck, it's not even in my state!
Given this information, and putting yourself in my shoes, how would YOU structure this deal? Before reading further, take a few minutes and put an
offer together.
The Shadow Seller and the T-bar told us what he wanted: He wanted a fast closing, he needed five months to move out, and he wanted to sell his home for $165,000.
Below is my offer, which the seller accepted. Why did the seller accept my offer? Because he got everything he wanted.
I agreed to pay $165,000 for his house. I would pay $5,000 down and give him a secured promissory note for $160,000 and make 360 monthly payments of $610 at 2.23% interest. In addition, we'd rent him his home back for five months for $810 per month, and he agreed to cover any repairs that need to be
made during this rental period.
Now comes the big question. Who's going to own and manage this rental? Not me, that's for sure! The property is states away from where Kim and I
live.
How would YOU solve this problem? Give this some thought before reading further.
One of the investors who was door knocking with me that day was an experienced landlord. He and his wife owned 8 single-family rentals in this town. I asked, "What is it you seek? Cash flow, upside or some of both?" He replied, "Heck, we're estate builders, we seek cash
flow."
I agreed to assign the contract to this experienced investor. This means that after closing, he would own the house. He'd get the tax benefits of owning a rental, and he'd keep all the cash flow this
nice home produces. In exchange, at closing, the investor gives me a Pure Option that will be secured to the property using a mortgage. It gives me the right to buy this property from him at any time within the next 35 years for THE THEN BALANCE OF THE MORTGAGE.
When I say, "FOR THE THEN BALANCE OF THE MORTGAGE," this means that my purchase price will be whatever the investor owes the seller at the time I exercise my option. In other words, with every mortgage payment the investor makes to the seller, my purchase price drops.
Ready to get your mind bent? What will my purchase price for this property be when the owner-carry mortgage is paid off thirty years from now? Neat creative structure, huh?!
Instead of only making BIG DAMN HAMMER offers, what if you became fluent in the language of advanced creative deal structuring? In the years to come, what financial goals will you achieve if you make this one decision, if you take this one action? When is the best time to start learning about advance creative deal structuring?
Are you wondering whether Structure Stacking is worth mastering? Here are the creative tools used to make this one deal possible:
- Purchase and Sale Agreement
- Contract Assignment Agreement
- Title Holding
Trust
- Owner-carry Promissory Note
- Owner-carry Mortgage to secure Note
- Lease Agreement between investor and
seller (5 months)
- Lease Agreement between investor and tenant/occupant (12 months, once seller moves to Florida)
- Pure Option Agreement
- Mortgage to secure Pure Option Agreement
Without using these 9 creative deal structuring tools, there's no way this deal would have been successful.
When is What Box?
Join us at What Box? August 20th & 21st if you feel that learning the language of creative deal structuring is critical to your financial future!
What Box? is all about Structure Stacking. It covers creative deal structuring like no other real estate investing seminar in the country. It's geared for experienced real estate investors. You'll learn how to make impossible deals possible in the real world.
Register NOW and Save $100
The early-bird special and hotel room block ends on the 14th! That's TODAY!! SO HURRY
AND SAVE $$MOOLAH$$.
Arrive early on Friday night and join us at the Party by the Pool Event!
August 19th from 6pm - til......
Come early and network with your fellow investors ~
Bill and Kim will buy your first drink!
$Cash Bar$ on site.
Marriott Tampa Westshore ~ Poolside
Why is the What Box? Seminar a
'Must Attend' Event?
If you've attended our What Box? Event in the past, then you know Bill Cook and Pete Fortunato have given their hearts and
souls to make What Box? the best, most information-packed, deal-structuring event on the planet.
Though Pete will not be teaching with Bill this year, What Box? will still be filled with incredible, exciting, relevant
information and the deal structures will ~ as always ~ be those that will work in this crazy market.
If you are an experienced real estate investor who wants to be an outstanding creative dealmaker, then this is your gotta-be-there event!
You will learn structuring techniques that will blow your mind and help you leave your competition in the dust!
Bill Cook's What Box? Seminar teaches you how to use multiple deal structuring tools to solve seller's real estate problems. 'Won't work that way? No Problem, let's structure it this way!'
To accomplish this, you need to know how to ask the hard questions, then listen, and create T-bars based on the seller's problems. But to do this, you must have a working knowledge of multiple ways to structure (solve) a problem in a way that's agreeable to all.
Come learn from the brilliant, creative, forward-thinking minds of Bill Cook, Maria Giordano, Lindsey Jensen & Adrian Smude!
What's in it for you?
Since 2012, most investors have learned from 'gurus' who only know how to
wholesale or flip real estate in a quickly appreciating market. Not much creativity or imagination needed.
But what happens when the music stops? What happens when real estate values and rents level off or begin to
drop? You do know we're heading in that direction, right? Do you know what to do? Do you know how to structure creative deals in an uncertain real estate market?
Bill Cook &
Maria Giordano have worked in many up and down markets. "Been there, seen that happen."
Lindsey Jensen & Adrian Smude have a young, energetic outlook on the coming market. "Get educated, minimize your risk and jump in!"
All 4 of these Teachers are 'grab my toolbag, watch me structure my way into a good deal' type people. Come spend the weekend with these incredible deal-structurers. Let them help you get prepared for the coming market!
This is going to be an exciting 2-day Seminar! We can't wait!
Some of the structures they teach work best in appreciating markets. Other structures they'll show you work best when the market is going down. What is
this knowledge worth to you?
Some of the advanced structures Bill, Maria, Lindsey & Adrian cover during the
2-day What Box? Event:
- Master Leases with Purchase Options
- Seller Carryback Funding
- Subject-to Deals
- Land/Home Deals
- Lonnie Deals
- Wrap Mortgages
- Private Money Lenders
- Equity Sharing
Notes
- Pure Options
Additional Topics covered at the What Box?
Seminar:
- The questions you should ask that allow sellers to help creatively structure their deals
- The documents
used to memorialize each structure
- Entities used to control and transfer real estate
- How to become a Master Negotiator ~ it's much simpler than you think!
- How to fund deals without institutional financing
- Why your focus should be on the deal after the deal
Register NOW and Save $100
About the Seminar:
What Box? was born in a two-word email around 2004. Bill called Pete
Fortunato with a deal-structuring question. Pete's advice worked and the deal quickly closed. Bill sent Pete a Thank You note for his incredible outside-the-box thinking. Pete sent a two-word email in reply: What Box? It was classic Pete!
Realtors are taught to 'stay in the box'. 'Don't step out of the box, or bad things can happen!' What a crazy, confining way to think!
Investors must recognize that there is no box! There are no limits to the creative ways you can help solve problems!
See it, Think it, Believe it! What Box?!
About the
Teachers:
Bill Cook
Bill and Kim are a husband-and-wife
real estate investing team. Bill is one of the best, most experienced creative deal structurers in the country. He has helped solve buyers' and sellers' real estate problems for decades. And investors across the country call Bill when they need help. Bill knows how to break complex deal-structures down and make them easy to understand and implement!
Creatively structuring deals since 1990, their core belief is that real estate investing is not about buying, selling, or renting houses. It's about helping people solve their real estate problems! Their investment portfolio consists of single-family rental homes, mobile homes, and a small mobile home park. In addition, they own notes, options, stocks, precious metals, and crypto
currency.
Maria Giordano
Maria has done just about
every deal you can imagine ~ fix-n-flip, Airbnb, Land Lording, Owner Financing, Spec Builds, Minor Land Divisions, Short Sales, Rent-to-Own, and her favorite....Creative Deal-Structuring. But Maria's real specialty is making the impossible deals possible through Options, Subject-to's, and Wraps. This means she has seen every scenario out there of what gets people in trouble.
Maria is the author of 4 books on real estate, interviewed in many news articles and websites, including RealtyTrac, Investors Business Daily and The Wall Street Journal. She's been featured on ABC's Nightline and Good Morning America, to name a few.
Lindsey Jensen
Lindsey grew up around real estate, helping her dad with his appraisal business. After reading Rich Dad, Poor Dad when she was 21, she got busy and bought 2 houses by the time she was 24.
Lindsey has worked as a loan officer and as an account executive for lenders. But creative deal-structuring, land lording and Master Leasing grabbed her heart and set her on the wealth-building path. Since 2017, she has grown her portfolio to over 28 properties and currently manages over 70 doors.
Lindsey is a master marketer and has purchased houses by sending mailers, cold calling, door knocking, texting, utilizing referrals and more. She will share her techniques on Master Leasing & Marketing with you at the What Box? Seminar. We are excited to have Lindsey with us this year!
Adrian Smude
Adrian has been investing in real estate since he became an accidental landlord in 2002. After 11 years of being a hobby landlord, he discovered his passion for real estate through
REIA meetings. Adrian switched his investing niche to Mobile Homes with Land and has been following this path ever since. There is serious money to be made with mobile homes, and Adrian graciously teaches his methods and encourages folks to step into the low-risk, money-making 'wobbly box' business.
Adrian
teaches about his success and failures in his best selling book, HOW TO BUY MOBILE HOMES. When we asked Adrian to give us his bio, we asked him to keep it tight ~ one paragraph. He complied and kept the story of his incredible life and amazing talents to just one paragraph. The ladies (Maria & Lindsey) however, didn't. So I took the liberty of sharing a little more about Adrian's life with you.
Click here to read more about Bill, Adrian, Lindsey & Maria: https://billandkimcook.com/what-box-seminar/
Join us at WHAT BOX? and be a part of something special! Bill Cook's What Box? Event is unlike any class you've ever taken before. The deal-structures discussed are real deals and include the documents and paperwork.
What Box? Seminar
Register NOW and Save $100
EarlyBird Specials
(Hurry! Price increase after 8/14/22)
~ $847 - ZOOM from your living room
~
$647 - In Person ($200 travel discount)
~$497 - Prior What Box?
Attendee
~ $447 - Bring a Friend
Come join us in the Ballroom, but
HURRY! Our Marriott Special Rate Group Block ends TODAY!
Our Guarantee:
We will not waste your time.
If, for any reason, you
feel What Box? 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 What Box? will be the best, most informative seminar you take all year!
Join us via ZOOM or in Tampa for this information-packed, incredible, entertaining 2-day Deal-Structuring Event with Bill Cook, Maria Giordano, Lindsey Jensen & Adrian Smude on August 20th & 21st, 2022.
Come spend the weekend with over some of your closest real estate investor friends! The networking opportunities alone will be worth the admission!
Don't delay......Sign up Today!
REGISTER NOW!
Hope to see you there. Call Kim Cook at 770 815-8728 for more details or visit www.BillandKimCook.com to register online.
