Bill Cook's What Box? Seminar
September 14th
& 15th ~ live in sunny Tampa, Florida or via Zoom.
Come join us for the weekend. We'd love to see your smiling face in the ballroom. All of your friends will be there!
WHAT YOU RECEIVE AT WHAT BOX?
** 250+ page What Box?
Manual
** Documents discussed in class (in word &/or .pdf format)
** Audio/Video Recordings of the 2-day Event
** Networking Opportunities with old friends and new ones!
What is What Box?
What Box? is about Structure-Stacking your Deals to optimize your
Profit!
What Box? is all about Deals and the paperwork needed to secure them!
Check out one of our latest deals below.
It was a fun win-win solution for all!
This June, 2024, Bill and I were in Georgia for a week, prior to heading to Nashville for the RV REIA Event. Most of our rental houses are in Georgia and we had a bit of work to do to get a house ready to rent. I had a slow day, so I decided to door knock some of the properties that were scheduled for the July 2nd foreclosure auction.
On the 4th door I knocked on, I was invited in. The homeowner (Melanie) was laying sideways on the sofa and was deathly, pastie white. I was immediately concerned about the woman and asked about the problem. Turns out, there were many!
** Melanie was 8 months in arrears and facing foreclosure in 14
days.
** Melanie had NO money to bail herself out, and her two grown sons had basically thrown up their hands in frustration with their mom’s poor choices.
** Melanie was a hoarder. Her house was packed to the ceiling with stuff. She couldn’t
access two of the bedrooms and only had a deer trail to her bedroom and bathroom. Crazy.
** Melanie was in poor health ~ two heart attacks, three stints, diabetic, and a plethora of other ailments.
** Melanie had given almost $60,000 to two internet scammers who
promised her love and jewelry. This money was a combination of her inheritance from her mom ($40,000), money borrowed from a friend ($2,000), and money that was supposed to pay her mortgage ($7,000+).
I sat with Melanie and her boyfriend, Tim for well over an hour. During that time, Melanie’s phone rang constantly with calls from investors
wanting to buy her house. Melanie said she received about 60 calls a day with offers from $125k to $150k, and most gave her less than 30 days to move from the property. Prior to me, only one other investor had knocked on her door, and that guy demanded that she vacate within 10 days of purchase. Problem was, Melanie didn’t want to move.
So, falling back on the lessons I learned from Bill, I offered to pay up her arrears in exchange for an Option to buy her house sometime in the future. This way, Melanie and all her stuff could stay in the house. Melanie LOVED that idea and wanted to work with Bill and me.
I left Melanie’s house and raced
home to get Bill (we were in the motorhome and only brought one car with us to Georgia). After sitting down with Melanie and making 8 pages of notes about her dire situation, Bill offered her this solution:
** We would catch up her arrears ($7,620) and stop the foreclosure.
** Melanie would give us an Option to buy her house anytime in the next 30 years.
** Strike price (purchase price) would be the mortgage balance ($80,000 minus $7620 arrears).
** We agreed not to
exercise the Option in the first 8 years.
** When we exercised the Option, we would take the house subject to Melanie’s mortgage.
** We would keep the house as a long-term rental for as long as we wanted. But when/if we eventually sold the house, we would split
the net proceeds 75/25 with Melanie.
Melanie loved the idea and accepted our offer. She accepted ours, over all the other offers she received, mainly because she didn’t have to move.
So on the following
Thursday ~ 6 days before the foreclosure auction, we raced back from Nashville to meet Melanie at our real estate attorney’s office in Georgia and sign the paperwork. Melanie deeded the property from her personal name into a title-holding trust with her being 100% beneficiary of the trust. Then our attorney wired funds ($7,620) to her mortgage company. This brought Melanie’s mortgage current and stopped the foreclosure (scheduled for today, July 2nd).
Whew!
By the way, the house is currently valued at $265,000. Remember, our strike price is $80,000 minus the $7,620 arrears. And when we exercise our option, we will take the house subject to the mortgage balance. This gives us control of approximately $193,000 in equity.
Was this a good deal? You bet it was!
Want to see the paperwork and how we secured our position in this deal?
Join us at the What Box? Seminar on
September 14th & 15th, 2024 in Tampa, Florida.
What Box? Seminar
September 14th & 15th, 2024
Tampa, Florida
Marriott Tampa Westshore
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!
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 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
fund deals without institutional financing
- Why your focus should be on the deal after the deal
- How Structure Stacking can MAXIMIZE your Profits!
Get educated and become the investor who says, “No problem, let me grab my toolbox, then stand back and watch me structure my way into a good deal!”
Come spend the weekend with 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!
Join us at the 2-day What Box? Seminar if you understand 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.
What Box? 2024 isn't just about how to buy houses. It's about creatively buying, selling, lending, borrowing, managing, renting and protecting your real estate assets!
Come join us for 2-days of education and networking opportunities!
Register NOW!
Joining us in person? Woohoo!!
Arrive early on Friday night and come get a slice of pizza and a FREE drink at the Pizza Party by the Pool
Event!
Heck, yeah!
September 13th 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 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 100+ of 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?
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 NOW!
~ $597 - in Person or Zoom
~$397 - Prior What Box? Attendee
~ $397 - Bring a Friend
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.
