Register NOW
~ $597 - In Person or Zoom!
~$397 - Prior What Box? Attendee
~ $397 - Bring a Friend
Yep, we made the pricing easy! We're offering the same price whether you attend the 2-day What Box? Seminar in person or via zoom!
Of course we want you to attend the Event in person, but if life gets in the way and you'd prefer....we're offering a Zoom option, as well. And yes, it's the same price either way!
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?
Check out this deal that Bill put together......
Knowing how to creatively structure a purchase offer may be old hat to you, but as a lender, have you ever thought about constructing an advanced creative L-O-A-N that allows you to capture BOTH a portion of a property's cash flow and appreciation, in addition to interest and points?
Warning: Hang on tight! Your eyes might fall right out of your head while reading this deal!
A few months back, we made a loan on a trailer park in Georgia. In addition to getting 13% interest with 4 points rolled in to the note, we also got a secured option to purchase 10% of the property for a $1,000 strike price (which we paid up front) anytime in the next 50 years. Yep, you read that right....50 years!
Side note: You know that you can use one of your self-directed retirement accounts to invest in real estate. But did you know that you can use more than one of your self-directed accounts when making a single loan to a real estate investor or flipper? (You'll learn that at the What Box?
Seminar!)
Raborn, a local realtor, called us seeking help for his buyer. His client, Mr. 'M' wanted to buy a small mobile home park near Rome, Georgia. Problem was, his client was having difficulty securing financing. Call Bill, he can solve the problem!
We met with Raborn and his buyer and immediately recognized that Mr. 'M' was a hardworking, honest, successful business man. He wanted the park to help him achieve his goal of financial freedom and he didn't mind the hard work it would take.
Problem was, Mr. 'M' didn't have much experience with landlording and had ZERO experience with trailer parks.
So just like Dyches Boddiford agreed to look over our shoulders when we bought our first mobile home in 2008, Bill agreed to advise Mr. 'M' how to
operate his first trailer park. In addition, we agreed to fund his deal.
The sale price was $145,000. Mr. 'M' put down $16,000 and needed to borrow $129,000.
We agreed to lend Mr. 'M' $128,000 ~ 10-year amortization, no balloon, 13% compounding interest, with 4 points rolled into the note, monthly payments of $1,986.31 and with an anytime 'call' built into the note. The collateral would be the mobile home park. And yes, Mr. 'M' signed the note personally.
So far so good. Pretty much a standard hard-money loan, right?
But wait a second.....Mr. 'M' needed $129,000 to do this deal. We only loaned him $128,000. This made him short $1,000. Now what?!?
Here's where the deal gets good!
At the time of closing, Mr. 'M' agreed to sell us an option to buy a 10% interest in his property anytime within the next 50 years. This option would be secured to the park via a
security deed that would be in second position behind our first position secured promissory note.
The cost (strike price) to exercise this option was $1,000.
Wait, it gets better!
The option consideration was $1,000, and all of the option consideration applied to the property's strike price. This meant that at the closing table, we paid Mr. 'M' $1,000 for this option, and if/when we exercise our option, we don't
owe Mr. 'M' any more money because 100% of our $1,000 consideration applied to the $1,000 strike price.
With our purchase of Mr. 'M''s option, he now had the funds he needed to buy his mobile home park. ($128,000 loan + $1,000 option consideration fee = $129,000 total money needed).
Now the deal gets even more interesting!
I love this stuff!
Bill and I had a small problem. We didn't have all of the $129,000 needed to do this deal.
To fund this deal, we created a paper trust. This is a type of trust that holds things like promissory notes and option
agreements.
The beneficiaries of this trust were Kim's self-directed solo 401k, Bill's self-directed solo 401k, Bill's roth IRA, and Bill's self-directed HSA (Health Savings Account). We also brought in two investor friend's self-directed IRAs. Together, we amassed the $129,000 needed to do this
deal.
What do you think? Was this a good deal? Would YOU do this deal? Do you know how to creatively structure an offer like this? Would you like to take a glimpse behind the curtain to see the innerworkings of this deal?
More importantly, when YOU'RE lending, have you ever thought about acquiring an option to purchase an interest in the property on which you're loaning?
Think about this: If you learned how to
do the above creative structure, how much would it be worth to you?
Then think about this: If you don't learn how to do the above creative lending structure, how much will it cost you in the years to come?
At What Box? 2023, you'll see much of the paperwork that memorialized Mr. 'M''s loan. For the record, you probably won't see this creative structure taught anywhere else, by anyone else.
But at What Box?, Bill can teach you to structure, memorialize and make
your deals safer.
What Box? 2023 ~ it's a one-of-a-kind ADVANCED creative deal structuring Event.
So come
on.....click the button below and register TODAY!
Register TODAY!
Joining us in person? Woohoo!!
Arrive early on Friday night and come get a FREE drink at the Party by the Pool Event!
September 15th 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
We strongly encourage you to attend the What Box? Seminar in person. Mainly for the networking opportunities!
But you MUST hurry.......our group block at the Marriott ends on August 31st. Grab your discounted room rate
NOW!
Click
HERE to Grab Your Room!
Why is the What Box? Seminar a
'Must Attend' Event?
What Box? 2023 is not just about learning how to use Structure Stacking to make written
offers. What Box? 2023 is about ADVANCED creative structuring ~ whether you are the buyer, seller, lender, borrower, landlord, tenant, etc. It's a one-of-a-kind seminar that's geared for EXPERIENCED real estate investors.
If you've attended one of our What Box? Events in the past, then
you know Bill Cook gives his heart and soul to make What Box? the best, most information-packed, deal-structuring event on the planet.
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 behind!
Bill Cook's What Box? Seminar teaches you how to use multiple deal structuring tools to solve a problem.
'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 that is agreeable to all.
Come spend the weekend with Bill Cook and your closest real estate friends. The networking opportunities alone are worth the trip to sunny Florida!
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 begin to drop? You know we're heading in that direction, right?
Do you know what to do? Do you know how to structure those deals?
Come spend the weekend with an incredible deal-structurer ~ Bill Cook. Let him 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 Bill teaches work best in appreciating markets. Other structures he'll show you work best when the market is going down. What is this knowledge worth to you?
Some of the advanced structures covered 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 Lending
- Hard Money Lending
- Equity Sharing Notes
- Pure Options
- Walking the Mortgage
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 fund deals without institutional financing
- Why your focus should be on the
deal after the deal
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 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!
Investing since 1997, 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.
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 the documents and paperwork are provided in the Manual.
What Box?
Seminar
Register TODAY!
~ $597 - in Person or Zoom
~$397 - Prior What Box? Attendee
~ $397 - Bring a Friend
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 on September 16th & 17th,
2023.
Come spend the weekend with 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.