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Private Lending 4-26-11
- 7. Bank CD Rates (approx.) $100,000 12 months IRA B of A .60 % .60 % Chase .50 % .50 % Union Bank .60 % .40 %
Notes de l'éditeur
- Secured – by property and first trust deed. Hassle-free – we do all the work: buy house, rehab, sell. Superior yields – 10-12% and more vs. ½% or less.
- In CDs, your interest rates are lower
- Entrust Group, 7700 Irvine Center Drive, Suite 800, Irvine, CA
- Point out that making money off the interest rate spread is what the banks and insurance companies are doing with your money. (This will get the audience to think of funds they have that are making very low rate of returns that they can invest at a much higher return.)
- We don ’t buy in run-down or low-income neighborhoods. Banks don ’t sell REO;s any other way --- only directly via REO listing agents.
- This is a picture of one of my houses that I had on an earlier slide. What I do here is, rather than talk about houses, I want to talk about how we ’ve helped people. I explain how I helped the seller and how I helped the seller in different deals. Not just one house – I could like a number of different houses where we helped. And what I talk about here is my philosophy of a win-win-win where the seller wins, the buyer wins, and ultimately, we win.
- Please pull out this form from your packet and fill it out. I tell them to pull this form out of their folder, fill out, and bring it to me in the back of the room.