Build An Extension Into Your Contract - Street Smart Cash Flow Accelerator #19

Lou Brown

Apr 26 2019

Today's tip is number 19, build an extension into your contract. Now build an extension into your contract. What does that mean? So I've been talking in this series a bit about a thing called a standard real estate purchase and sale agreement. And uh, I've seen what sellers do and I've seen when they don't do what they're supposed to do and I've seen that they can pull back on you and cause you a lot of expense and a lot of loss of money because you could have gotten a title search, you could have spent money getting a survey. Maybe you had the home inspected, it's a lot slot. You could have invested by the time you get to the closing.

Well what if they just wait you out? What if they waited to the date of expiration of your contract and all of a sudden you lose and they win because they all intended to do is to sell it to somebody else who was offering a more money. Well, what if you had the never ending contract? And I've got a great clause, a clause number six in my purchase and sale agreement, it says title, examination, place and time of closing. If title evidence and survey show seller is vested with a good clear and marketable title subject to permitted title exceptions contained in a national title insurance company. Commitment at its standard rates permitted exceptions for restrictive covenants, leases, survey, current taxes, zoning ordinances and easements or record the transaction will be closed and the deed and other closing papers. The delivered honor before the blank date of blank and that's the year plus any extensions necessary in order to complete the paperwork.

Now I've got some other things in here, but the important thing is we just created what I love to call the never ending contract and it's built into the paperwork. If you'd like to have that contract, if you'd like to have, uh, my whole buying system, I can tell you that it, uh, has certainly changed my life. It's what I've been using for years. It's what my licensees all across America and all 50 states. Use this amazing contract. You can find out more about that and go by going to street smart investor.com go to tools and click on buying volume one. Love to get you on board and give you also as a bonus. Two tickets to my upcoming millionaire jumpstart. I hope you enjoy this. I hope you'll use it. I hope it will make a difference in your profits. I'd love to share more of my profitable free tips with you.

101 Street Smart Cash Flow Accelerators

Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.

* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan…

* How to have a buyer or renter before you even buy property…

* How to have them already pay you money before you sold them anything…

These are exactly the kinds of deals he does day in and day out. Most 'investors' are getting it wrong. It's not about the property, it's about the buyer. Buying right and buying cheap is what you'll do after you have the buyer.

Media Sites:

YouTube: https://www.youtube.com/user/StreetSmartInvestor

Podcast: http://Streetsmart.mypodcastworld.com/

Facebook: https://www.facebook.com/StreetSmartInvestor/

Web Site: https://millionairejumpstart.com/ and https://streetsmartinvestor.com/

Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand, have long regarded the training, systems and forms created by Louis Brown as the best in the industry, Quoted as an expert by many publications and authors, “Lou” draws from a wide and varied background as a real estate investor having been buying property since 1976.

He's invested in single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting edge concepts in real estate today. He's widely known as a creative financing genius with his deal structuring concepts.

Being a teacher at heart he enjoys sharing his discoveries with others. He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world's largest real estate investor group.

He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.

You can also watch and listen to this from: https://youtu.be/QJBPBSCjMQw