- Earnings & Income Disclaimer
Homeless Man Hits One Out Of the Park
A broke, jobless, homeless person earned $16,900 cash on his very first attempt. The following documents are scanned copies of certified courthouse records. It cost him a grand total of 35 cents (to make copies of the agreements) to complete this entire transaction. This Double Escrow is just one of the many exciting techniques you will learn to do easily through our course.
If a destitute individual with no job, money, credit or assets can do it, we believe anyone can.
NOTE: These certified court documents may or may not represent typical results. Typical results cannot be known, as the value of any deal varies according to property value. In any double escrow, profit is always the difference between the buy price and the sell price, less expenses. See Earnings & Income Disclaimer
The "purchase" shows the homeless man's (Russell's) "PURCHASE" of the property on February 9 for $48,000 from Bernard, without having to put up a dime out of pocket.
This shows that Russell simultaneously SOLD the property to Scott on February 9 for $64,900 at the same time he "bought" it from Bernard and pocketed the $16,900 difference in cash. The secret lies in the special agreements provided in "The Simple Man's Guide to Real Estate." Do not try this without these special agreements, and the advice of one of our investor coaches.