Yes, my mom has hit the big time …
The Madisonville Meteor visited her church (Dr. Daigle’s mom is a priestess-to-be) where she was perfoming a blessing of the animals!
I’ve been successfully finding and flipping homes for years – and my methods have worked in good economic times and bad. Today, I’m not only a successful real estate investor, I’m also a trainer and coach for other real estate investors who want to know how to succeed… especially in today’s turbulent marketplace.
Although I have many techniques and secrets, I’m happy to share a selection of them here with you.
Secret #1: Start with the end in mind… and keep it in your mind. When you’re putting together a deal, it doesn’t matter what part of the process you’re in, be sure to always keep the end of the deal in mind. This is why I use a questionnaire, even after 300 successful real estate flips. I use a questionnaire I developed to always keep my mind focused on the future potential buyers and providing them with as much information as I possibly can. And everything I do, no matter what part of the process I’m in, I’m always thinking about how to make the sale go quickly for the seller and I’m thinking about how to flip the home quickly and efficiently to sell to someone else.
Secret #2: Frame everything in the interest of the seller. When you approach sellers, you’re often approaching them at a time when their finances are melting away and their home is at or near foreclosure. The situation, for most of them, is difficult and embarrassing. These people just want to take care of their families, the want to salvage their pride, and they want to be treated with dignity. When offering to buy the home from them, I usually tell them that I will take care of the closing costs for them. But I don’t just say it like that. I say it in a way that will really resonate with them. For example, I might say, “Mr. Seller, I know that selling a home can be work-intensive and costly. I’ll happily take care of all of that legwork and expense for you, at no cost to you, just to make the sale go quickly for you.” When you keep the seller’s best interests front-and-center, they will respond to you.
Secret #3: Learn; adjust your course; repeat. I have a number of systems and strategies in place and I’ve been doing this for a long time. But I’m never content with the way things are. I’m always testing and learning from my experience. Once I’ve discovered a new and better way of doing something, I adopt that as my new “best practice” and I continually test and adjust. For example, my popular questionnaire is what you might call a “living document”. It’s always changing and evolving as I learn new and better ways of doing things. With this approach to everything I do, I’ve been able to uncover new opportunities that I never thought were possible!
There are lots of so-called experts and gurus out there. But I’ve been flipping homes for a long time and proudly boast over 300 successful flips in all kinds of markets. My track record is what separates me from the so-called experts. Use my secrets to become a successful investor!
As the creator of Virtual Wholesaling, Cris Chico is helping investors realize their dreams of financial freedom through his proven & guaranteed method of finding & flipping properties in hot markets (whether you live there or not). To find FREE information about how YOU can “Invest Everywhere from Anywhere”, visit http://www.VirtualWholesaling.com today!Cris Chico and the crew over at Virtual Wholesaling spilled their secrets and named names on how to find good real estate markets. The list of names is long, but the secret is simple: research.
The depth of research can make all the difference on whether you make it or break it in real estate, and it’s not as simple as looking over a house and thinking it’s pretty. If you’ve got a market you’re looking at, do the research:
Check with mortgage lenders. If a mortgage lender says, "We wouldn’t give a 100% loan," you might want to think twice.
One of the mortgage lenders that Virtual Wholesaling suggests to their trainees is Countrywide. Countrywide is the largest mortgage lender in the nation, with several statistics on which way the markets are going. If they refuse to give a 100% loan in a specific market, you can bet that, unless there’s something the pros don’t know (a shopping mall being built nearby, for example), it’s not the best market to invest in.
Check with mortgage insurers. Again, private mortgage insurers make it their business to know the market trends, and if they say they wouldn’t invest or insure, you might want to rethink the possibilities.
What lender and insurer does Virtual Wholesaling suggest? The two major ones are MGIC, the Mortgage Guarantee Insurance Corporation, who insures things for over 5,000 lenders, and PMI Group, the Private Mortgage Insurance Group, who is the second largest US based mortgage insurer.
Specifically, however, they suggest looking at the MGIC Restricted Market Guide. MGIC will tell you where they won’t loan in a restrictive market, or if they’ll insure the mortgage in that area. Then, you’ll have to make your own decisions based on whether something falls on the restricted list again or if you know something special about the area.
Another guide under MGIC is called the soft and weak market index. MGIC has a guide for several large metropolitan areas that show you what the housing prices are doing in a particular area. If you’re going to invest in particular market, make sure the trend over the last 12 to 18 months is flat, slightly increasing or slightly falling. If it rises or falls by more than 5% in 12 months, it adds volatility to the mix, making it an unsteady market.
Whatever market you choose, don’t be disheartened if it doesn’t work out. Learn from your experiences, move to another market, and apply what you’ve learned!
5 Ways to Build a Buyers List
by Cris Chico, VirtualWholesaling.com
Building a buyers list is not about finding buyers for a property you already have – it is about preparing a comprehensive list of prospective buyers for properties you may have to deal, either now or in the future.
So to find a buyers list, you will want to use many different methods of locating interested parties and many of them, so you can get started creating a comprehensive database of investors that you can market current and future properties to.
There are a number of various tips and tricks you can use to find buyers via classified ads. Sometimes buyers let themselves be known. Others are currently selling properties but have various tells that imply they are also prospective buyers (a simple phone call will let you know if your hunch is correct). Classified ads are a good way to find buyers in almost any area across the country and beyond.
Potential investors are always interested in the next property. Post an advertisement on various classified advertisement websites, craigslist, and any other space that can be noticed by that potential market and you are very likely to find respondents interested in what you have to offer them.
There are real estate groups that are prime locations to spot potential buyers. If you can get hold of a member list, you can contact them each individually or try to arrange a get together in order to gain rapport and peak their interest.
One very effective way of locating possible buyers is to find information on investors who have purchased a home yet keep it vacant and send them letters and postcards in the mail explaining what you have to offer and enticing them to listen to a more in depth sales pitch in the future.
Finally, another method of finding prospective buyers is to create your own website and find ways to bring buyers to your site. You can have a forum for discussing the latest real estate information, or you can advertise properties you already have (with the intention of finding people interested in future properties). Or you can simply advertise yourself, what you have to offer and what partnering with you will bring them in the future. A personal website is not always the easiest way to find buyers, but it can be just as effective as any other method when marketed correctly.
The more buyers you can find, the more likely you will succeed in the industry. As such, use whatever methods available to ensure that your buyers list is long and extensive.
Chico & Daigle Do Chinatown
(C) 2008
During the last board meeting we took a break to visit Chinatown, NYC. What does this have to do with real estate?
EVERYTHING.
See, while we were goofing off in the video we had real estate transactions in the works. Virtual Real Estate Investing is the sanest, smartest, and sexiest methodology I have ever seen. I may be biased – I am making a killing in this market through Virtual Wholesaling.
Keep your eyes on us and the blog … i found a flip cam that had a ton of footage like the stuff above. Let’s call it Virtual Investing Lifestyle.
Now go enjoy the weekend 
The Story Of The Two Flippers
By Pre$ton Ely
Once upon a time, there were two real estate wholesalers. Flip and Skip. They lived in a small town called Flipville. Flipville, USA.
Life was good in Flipville for little Flip and Skip. They were both really good at flipping houses. They would flip houses all day long. Then they would meet at a local bar, give each other a high five, and drink a beer.
Life was good.
Then one day, Skip made what turned out to be a disastrous mistake. He bought a t.v. and started watching CNN.
You see, unbeknownst to Flip and Skip, the country was in a recession. But they didn’t know that. And like the complete idiots they were, they just kept right on doing business as usual, flipping houses every day and meeting at night for a high five and a beer!
But this was all about to change.
As fate would have it, Skip didn’t show up at the bar one night. Flip sat there by himself all night long. And it sucked because he had to just high five himself because the bartender was a jerk and wouldn’t play along.
Flip was temped to get upset about the whole thing, but he didn’t. He tried, but no matter how hard he tried it didn’t work cuz he was too happy about all the houses he flipped that day.
→ Click Here To Flip Houses In A Recession Like Little Flip! ←
“Oh well,” thought little Flip as he walked home. “It’s Skip’s loss. We’ll just have to do TWO high fives tomorrow night.” He laughed himself to sleep.
But tomorrow night came. And Skip was nowhere to be found.
And the next night came. No Skip.
This continued for two weeks.
“That’s it, I’m pissed,” thought Flip. “I’ve high fived myself 14 nights in a row. This is getting ridiculous. I’m going over to Skip’s house to do my dang high five the right way.”
Flip punched the bartender in the face for not ever high fiving him, then turned and stormed out of the bar. Flip was a nice guy, but sometimes even nice guys need to stand up to injustices.
The walk over to Skips definitely sucked bad. It was like 19 miles or so, and he started getting a cramp from whistling too much while he walked. He knew if he stopped whistling his cramp would probably go away, but he just couldn’t stop himself. He really loved whistling. And in case you’re wondering, there are no such thing as cars in Flipville.
Eventually, Flip limped up to Skip’s driveway (which was weird because there’s no cars in Flipville).
“What the heck is Skip doing with a driveway,” whistled Flip. “Oh well, who cares,” he thought as he crawled up towards the door in excruciating pain from his cramps. “I’m just happy to finally be here. I wonder what Skip is doing.”
As Flip made his way to the door, his stomach sank as he caught the reflection of the most perverted thing you could ever imagine bouncing off the picture window…
Richard Quest reporting live on CNN!!!
“WHAT IN THE HECK IS GOING ON???” yelled Flip as he barged through the door.
And there lye Skip on the Lazy Boy.
Unshaven (which was nothing new, but still..).
Drooling (definitely new).
Eyes glazed over … just staring at the screen like a zombie.
“Come on in, Flip,” Skip said lackadaisically. Pull up a chair. You’re never gonna believe what’s going on with the economy. We’re in a recess. No one is making any money right now. It’s all over. We can’t flip houses anymore. No one will ever buy them.”
Flip couldn’t believe what he was hearing. I mean, he knew Skip wasn’t the brightest star in the sky, but this was just a whole new level of stupidity that he was surprised even existed in a living human.
“I flipped 19 houses today you freakin’ idiot!” yelled Flip as he smacked little Skip straight off the Lazy Boy. And we’re not in a “recess” either, jackass. I’m pretty sure that’s not even how you say it.
→Click Here To Discover The SECRET To Flipping Houses In 2008! ←
Now, Skip, you’re not gonna like this very much probably, but it’s for your own good. You’ll thank me later maybe.”
At this, Skip watched with a look of horror in is eyes as Flip bounced off the couch, flew through the air like a Pokemon, and karate kicked the tv straight out the picture window and onto the driveway.
“Why do I have that driveway?” thought Skip.
Then Flip smacked Skip straight across the face. Again. Hard.
“Skip, you are getting stupider and stupider by the day. Why in the heck did you buy that dumb tv? Worse yet, what were you thinking watching the NEWS???? And on CNN of all stations!
Don’t you realize that your mind has no choice but to give you what you put IN it? If you start listening to a bunch of stuff about a recess, you’re gonna become poor, just like you’re doing right now!”
“And if you put Richard Quest in your mind, you’re gonna turn into a crack head with a rope tied from your neck to your testicles standing outside in Central Park with a sex toy in your socks looking like a complete tool! Google it if you don’t believe me. Is that what you want???”
Skip thought about it. He definitely did NOT want to tie anything around his testicles. And he was starting to get hungry. Ever since he started living in a recess he hadn’t had any desire to go out and flip houses so he was totally broke.
“Flip, you’re right. I’ve made a huge mistake watching the news about this recess. The pretty people on the screen were just so convincing that I figured it MUST be true. I figured they must be smarter than me since they’re the ones on tv. So I just started acting that way and it BECAME true for me! What a moron I’ve been! Thank you for coming to rescue me!”
“You’re welcome, Skip. Now, take this house I bought today and go flip it to one of the OTHER people out there like us who don’t give a crap WHAT that stupid tv says and are just doing business as usual because they’re not total puppet-robots of the media like you started to be for a second there.”
So Skip went out and flipped the house to one of the other non-suckers in less than 17 minutes. He felt better, but something was still missing.
“I know what it is,” thought Skip.
He grabbed Flip, ran down to the bar, did a high five and drank a beer. His sense of sanity was immediately restored. Then he beat the bartender up for being so mean to Flip while he was gone.
The End.
The Moral Of The Story –
97 out of 100 people get depressed after watching the news. 3 out of 100 people actually make anything out of their lives worth a crap.
You do the math.
→ Click Here If You Solved That Math Problem. You Qualify For Further Training ←
I got an email this morning (yes, I read every email that is sent to
me by the EasyHUD community) that made me stop and think. Some of you
may equate me with the same gurus that I crusade against.
Understandable … I should expect that I will get caught in some
"friendly fire" if I am out in the field. But I wanted to take a
moment and share my response to the guy who wrote me and legitimately
questioned my motives. Here is his email (my response to him and YOU
is below his email):
On 8/27/08 8:43 AM, "R T" <xxxxxxxxxxxx@gmail.com> wrote:
Chris,
What I find most interesting about this email is that not that long
ago you were in the promotion business selling other "guru’s" courses to
your list. You didn’t seem to have a problem with them then. You
even admitted to promoting one guru that you knew had a terrible track
record…
To the point, I have still yet to see you post copies of a single
check made from a real estate deal in all of the emails you have sent out.
If you want any credibility or if you don’t want to discredit Chico
you need to stop doing exactly what you are complaining about and show us
the money that you are earning from real estate or "virtual
wholesaling."
I am guessing I am not the only person on your list that feels the
same way.
Best of luck,
xxxxxxxx
My Response:
XXXXXXX
I would like to say this right off the bat – If there is ever
anything I can do to help you succeed in real estate investing I am
at your service.
First, to address my past record:
As I mention in the email I sent out this morning, I wanted to
believe the gurus … Most of them seemed like good guys, they talked
the talk but upon further investigation I found they weren’t walking
the walk. That’s why I have jumped on the Chico bandwagon – he is
living congruently with what he is teaching. Every day of the week he
has deals working. He is active in TODAY’S market so he knows what is
working and what ain’t. Ask other trainers how many deals they have
going.
I have never claimed to be a guru, just someone who has a platform to
speak from, knows most of the folks who are out there teaching real
estate, and has developed a good nose for bullshit.
As for my recent record of transactions:
My house business was pretty much wiped out when Hurricane Katrina
hit my home town. Literally, my house business was wiped out
OVERNIGHT.
Since the hurricane, I have moved a total of 7 times. Kinda tough to
build a robust house business (in the traditional way) when you are
trying to get settled into a new hometown. Yes it has been 3 years
since that happened.
But imagine this scenario – you and I on the starting line.
The rules of the game: everything you have been doing to make money
is taken away from you. And by the way, the clothes you packed for
thinking you would go away for a weekend and let the storm pass …
Well, that’s all you’ve got now. Oh, and your laptop. Now go stay in
a friend’s guestroom for the next 2 months while you try and figure
out what you are going to do with the rest of your life. And since
you were an entrepreneur (you knew the risks), there isn’t a company
that can relocate you to a new office. No rich parents? That’s the
breaks kid. Not a ton in savings? You thought the money would keep
coming like it always had but good thing you learned that lesson now
instead of later.
Gun fires. Race starts. Where would you be in 3 years?
Thanks for your input. All I can tell you from my experience is
caveat emptor. Let the buyer beware.
And again, if there is ever anything I can do to help you succeed in
real estate investing I am at your service.
Chris
Greetings from Virtual Wholesaling HQ!
I am sitting in Chico’s office in Ft Lauderdale
finalizing the details for the next Virtual Investing
Seminar which starts THIS Thursday in New Orleans and
I noticed that we STILL have people registering to
attend VIS3 and it got me to thinking …
There are definitely some investors out there who
have the freedom of time and freedom of location to
say "What the hell, I’m gonna go for it!" and join
us for a life (and business) changing experience that
we like to call Virtual Investing Seminar.
So if you are a decision maker, here is your LAST
chance to join us as we walk you, step-by-step, through
every single thing you need to have your Virtual
Wholesaling business up & running and have pre-screened
motivated sellers calling you to buy their properties.
Need buyers? While at the event you will put in place
everything you need to do to automatically build your
buyers list of folks who are buying in TODAY’S market.
I could go into exhaustive detail, but by now you have
probably gotten emails from me about what we are doing
in New Orleans. Maybe you have even listened in on a
webinar or 2 where we taught you exactly why this
investing methodlogy is so successful. Maybe you have
even become a member of VirtualWholesaling.com.
Regardless, if you want to get involved the time to
make a decision is NOW. And to make the decision easy
for you we are going to let you attend for the same
price that we have offered our best clients – $495.
Keep in mind that this price won’t include all the
bonuses that came with the higher priced tuition,
but at least this way you get a chance to see what
this is all about and how it can improve your business,
quality of life, and bank account. But you must HURRY
because the event starts on Thursday!
Ready to pack your bags and join us in New Orleans?
Then register for the event here:
http://tinyurl.com/6qak95
See you in New Orleans!
Learnin’ & Earnin’ (Virtually!),
Chris Daigle
Owner, EasyHUD.com
Founder, VirtualInvestingSeminar.com
P.S. If not now, when? This is your chance to finally
own a business rather than have your business own YOU!
Right before the last VIS, the sales manager from the hotel where we hold the event, the W Hotel – New Orleans, invited us to RIDE IN A MARDI GRAS PARADE … all expenses paid! It was a “little” thank you from the hotel for all the business we’ve been sending them.
From the moment Chico hit the ground in New Orleans things got wild. Although we had planned on masterminding a little in New Orleans before the parade & festivities, things didn’t really go down like that.
So, for your viewing enjoyment, here is what our experience was like as riders in the Orpheus parade, 2008:
Waiting to go to the parade:
Arriving at the staging area:
Chris Daigle looking like a DORK:
Approaching our float for the first time:
Arriving at the floats, Pt 2:
Behind the Scenes on a Mardi Gras float:
We’re rollin:
Float catches a flat so we have time to kill … the “facilities” on the float:
Flat #2 & Chico reveals the fact that the VIS team’s always working …
Watch for Part 2 of the Mastermind Gone Wrong!
All I can say is that the webinar we did on Tuesday night
opened a can of worms. If you missed the webinar, don’t
fret because we are going to re-do it on Tuesday, May 27
at 900pm (but this time it’ll be much shorter: 30min max)
If you want to see what you missed (a rant from Cris Chico
on the one thing seperating successful Real Estate
Investors form UNsuccessful ones) you can register here:
>>> https://www1.gotomeeting.com/register/226680780
Now, here are the answers to the most common questions
we were asked after the webinar:
Q: I am already a member of VirtualWholesaling.com. The problem I am having is getting through it and understanding it well enough to implement. At the Virtual Investing Seminar will I be taken through the program in a step by step fashion so by Sunday it will be clear and I can get going?
A: Yes, Thurs-Sat will focus solely on walking you through the exact steps necessary to have your entire Virtual Wholesaling business up and functional in as little as 30 days
***********************
Q: Will Cris Chico be doing all of the teaching? If not, how much time will he spend teaching?
A: Chico will be doing 80% of the teaching. The other 20% will be taught by our coaching staff and 1 or 2 other experts.
***********************
Q: If there will be others, who else is presenting and will they be selling their products?
A: there are only 2 people selling anything during the main event:
Gary Boomershine, from SalesTeamLive.com. They are are our recommended resource for managing all of your marketing for your VW business. Although Gary’s software is by no means necessary to be successful we find it is a very helpful tool for those investors who want to further automate their marketing.
Dan Stojadinovich will be teaching the elements necessary for an effective Virtual Wholesaling website. We have worked closely with Dan to craft websites that have every element we require to complement our investing methodology.
**********************
Q: Are there other products Cris will be offering and if so, how much time will be spent on this?
A: We will be discussing our implementation assistance program, the Rapid Success Program (RSP). We discuss this over lunch which is optional.
**********************
Q: I understand that SUnday is a "bonus day". To help me plan if I should stay for Sunday, please tell me who is on teh agenda.
A: Andy Proper from RoboticBirdDogs.com will discuss how he has virtualized the hiring and training of his bird dog "army"
Colin Egbert and Sam Bell will share additional ways to use Web 2.0 and Social Networking to generate leads and sell properties
We have 2 slots open in Sunday but we aren’t sure who will fill them
***********************
Q: I have been to other seminars and was disappointed to discover that just as much time is spent on selling as they do on providing content. This will be an expensive weekend, including air fare, hotel, and reg and I want to eliminate any surprises.
A: This is NOT a "pitch fest". It is focused on walking you through a step-by-step implementation with the end result being that you have an exact gameplan on getting our Virtual Wholesaling students up and running. The event is built around our implementation methodology that has been successfully used to get clients fully implemented in 30 days.
************************
The event is 35 days away and we will hit our capacity well in advance, so if you have any questions that need to be answered in order for you to decide if you have what it takes to join us, please go to www.AskaVirtualInvestor.com and submit them ASAP.
Otherwise, have an awesome weekend and we will talk to you again on Tuesday night!
Learnin’ & Earnin’ (Virtually!),
Chris Daigle
Owner, EasyHUD.com
Founder, VirtualInvestingSeminar.com
P.S. If you are ready to start seeing the same results
we see in our Virtual Investing business, you should go
to https://www1.gotomeeting.com/register/226680780 to
get a spot reserved (we filled up the last one and people
got pissed that they couldn’t listen to Chico’s rant!).