Home Run Deal! Last week, I told you how we lost $217,300 because we failed to use a Pure Option on a property in Adairsville, Georgia. Well, let me tell you about a deal we structured two months later where we did use a Pure Option. Around May 2011, a mortgage company accepted Kim's Short Sale offer on a house off of Fire Tower Road in Cartersville, Georgia. The lender agreed to accept our $94,000 cash offer. We quickly scheduled a back-to-back closing with our buyer. The Deal: We buy the house at 9:00 AM for $94,000 from the seller, and then we sell it to our buyer at 10:00 AM for $115,000. This earned us a tidy $21,000 profit. During the Great Recession, many investors were using this deal structure. Unfortunately, this is where they stopped. If they had only known how to do a Pure Option Deal...... Now for the rest of the story. Our buyers knew they were getting a
great home at a great price. Before we would agree to sell them this home that they really, really wanted, they first had to agree to give us a Pure Option at closing when they purchased the property. This Pure Option gave Kim and me the right to buy the property from our buyers anytime in the next 25 years for $115,000. We also agreed to not exercise our option in the first 10 years of the agreement. One last thing we agreed to that made this Pure Option Deal work: If we exercised our Option and purchased this property, then when we sell it, we will split the net appreciation 50/50 with our buyers. Check your calendar. It's 2023. It's been 12 years since we did this Pure Option Deal. We're not going to do it right now, but what if we chose to exercise our Option tomorrow? What if we again did a back-to-back closing? Today, this home is worth about $485,000. This means our portion of the split would be $185,000! ($485,000 - $115,000 = $370,000/2 = $185,000). What if all the Short Sellers back during the Great Recession had Pure Options in their deal structuring toolbox. How much more could they have made? Now, let's talk about you. Can you afford not to know how to do Pure Options? Kim
and I are forever grateful to Jack Miller for teaching us how to creatively structure with Pure Options. His lessons have had an incredible impact on our financial lives! Options are one of the least understood and
least used deal structuring tools in real estate. We look forward to seeing you on the Zoom call at the Power of Options Seminar on June 24th & 25th, 2023. Can't make that date? Don't worry, the class will be recorded, so you can listen/watch at your convenience! Time is running short. Our Power of Options two-day seminar is fast approaching ~ June 24th & 25th, 2023. Early-bird pricing ends on June 18th, 2023. Think of all the
deals you'll be able to do IF the Option tool is in your creative deal structuring toolbox! Better bust a move if you're
coming! The Power of Options 2-day Zoom Seminar June 24th & 25th, 2023 This course will be Recorded and all attendees will receive the Power of Options Manual (in .pdf format), the Options Presentations, Documents, and Recordings of the 2-day
Event! ~ $597/person ~ $397/Invite a Friend ~ $397/Returning Options Seminar Attendee (discount available to those who have taken the Pure Options Seminar in the
past) Options are the most
Powerful and most Versatile tool in Real Estate! Come join Bill from the comfort of your own home!
Meet new friends and greet old ones on Zoom. Wine optional. Clothes, a must! Why is The Power of 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? Options are the most powerful and most versatile tool in real estate. At the same time, Options are the least understood and least used deal structuring tool in real estate. Why, you ask? Beats me! Most investors only have one tool in their creative deal structuring tool box: The big damn hammer! Yep, the
.70-cents-on-the-dollar-all-cash-offer hammer. Boring! And very limiting! For more than 20 years, Bill Cook has used Options to make
impossible deals possible. Bill learned Options from the very best ~ Jack Miller and Pete Fortunato. Last year, Bill eagerly accepted the challenge to continue teaching the Power of Pure Options to real estate investors across the country! Join us for this incredible 2-day Options Zoom Seminar 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?!" Zoom Class
ONLY! We know how expensive it can be to attend seminars, so to help out a bit, we decided to host The Power of Options as a Zoom only Seminar. Save money on travel and hotel and join us from the comfort of your own home.
REGISTER NOW! June 24th & 25th, 2023 Why Attend The Power of Options Seminar? 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. Most investors have heard of options and think options can only be used with leases....as if it's a single deal structuring tool. Truth is, a Lease Option is two separate creative
deal structuring tools working together to make a single transaction work. The lease gives someone use of the property. And the Option gives someone the right to buy the property at some point in the future. Here's what your competition doesn't know: An Option can be used by itself to create massive wealth! We call this a Pure Option. 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 Zoom Seminar 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
How can I use a Pure Option? Pure Options have many uses. For example: - Buy a property
- Sell a property
- Park a property
- Protect a property
- Help someone who DOESN'T want to sell their
home
- Help someone who needs money but can't get a loan
- Help someone buy a property they can't possibly afford for a price they can easily afford
- Sell a property and still keep the appreciation
- Capture a property's appreciation and amortization on a property you don't yet own
- Sell a property for a seller who doesn't want to use a realtor
You may be asking, "With so many uses, why haven't I heard about the Power of Options
before?" Well you are asking the wrong question, my friend. You should be asking yourself, "With so many uses, where do I go to learn how to use Options?" At Bill Cook's The Power of Options Seminar, of course! 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.
REGISTER NOW! Join us at the The Power of Options Zoom Seminar and be a part of something special! Bill's Options Seminar is full of content, full of real-world structures and situations that allow you to utilize Options. 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! The
Power of Options 2-day Event ~ $597/person ~
$397/Invite a Friend ~ $397/Return Attendee (discount available to those who have taken our Pure Options Seminar in the past) Our Guarantee: We will not waste your time. If, for any reason, you feel The Power of Options Seminar was not worth your valuable time, we will gladly refund your money - no questions asked! We greatly appreciate your support and we
guarantee that The Power of Options Seminar will give you the tools you need to thrive in the coming crazy economy! Join us on Zoom 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 Options on June 24th & 25th, 2023. The class will be recorded and all attendees will receive a link to watch at their convenience. Don't delay......Sign up Today! REGISTER NOW! The Power of Options 2-day Zoom Seminar ~ $597/per Invite a Friend ~ $397 Return Attendees ~ $397 (discount available to those who have taken our Pure Options Seminar in the past) Smile and wave......we'll see you on Zoom! Call Kim Cook at 770 815-8728 for more details or visit www.BillandKimCook.com to register online. |
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