Parmdeep Vadesha on How to Buy Bargain Properties using Rich Dad Techniques...

1 - I can do better 2 - Jury's out 3 - Pretty darn good 4 - Splendiferous 5 - Awesometastic by 1 person | Log in to rate

Ranked #7,845 in How-To, #84,205 overall

Parmdeep Vadesha, King of Buying Property Investments BMV

How does a 25-year old local guy earn financial freedom within 2 years of investing in property?

Simple.

He uses proven techniques that anyone can apply to:

1. Buy Property Below Market Value

2. Finances using No Money Down Techniques 

3. Gets cashback and repeats the process (YES- he's paid to Purchase a Property!

The 3 step magic formula explained...

First- Parmdeep teaches you to target motivated sellers- people who are willing to sell their property for less than what it's worth due to the situation they are in eg:

- They may be emigrating overseas and the only thing holding them back is the property they are unable to sell in their home country

- They may be unable to pay their mortgage obligation due to a sudden job loss or a divorce and so face repossession or foreclosure

- They may have inherited a property out of town and don't want the hassle of having to deal with the sale

- They may be property landlords who are in a negative cashflow situation and would prefer to just sell.

In each of these situations, if you can offer a quick-sale service where you buy the property for "cash" this is they key to creating a WIN-WIN situation for both parties.

The seller can quickly get rid of the property that is hassling them and you can purchase a property at a 15% discount or more.

In Parmdeep's FREE 6-Part Mini Course (which you can access by copying and pasting this link):

http://tinyurl.com/2dxqm7

you can learn several more ways of marketing yourselves to prospective sellers. He teaches you the exact same steps that has made him a property millionaire and one of the youngest to have become financially free through his own hard work.

Second- Once you have found the elusive seller, getting the right financing strategy is key. These are some of the ways property investors have used in the past:

- Joining the No Money Down property club by signing up to www.propertynomoney-down.com. Limited FREE memberships available.

- Remortgaging their current mortgage to extract equity and purchase in cash

- private investors

- Secured loans (provided that it makes overall financial sense!)

These are four of over 40 techniques you can use to position yourself as a quick buyer. (To learn the other techniques, sign up to the Financial Freedom Gurus newsletter at www.financialfreedomgurus.co.uk)

The last step is to decide what to do with the property. Normally you would do one of the following options:

- Rent it back to the owner for cashflow
- Sell it on (flipping) for profit
- Improve the value of the property (renovate) for bigger profits

Wait- you'll love this...

Did you know there is a secret technique to get control of a property for £1 and sell this interest for thousands if not tens of thousands of pounds??

This is one of the advanced strategies that the insiders use to massively leverage their profits and is being discussed and explained in the forum mentioned below.

If you want to learn this latest strategy, get started with meeting investors, learning off experts and receiving ready made deals (all the work is pretty much done for you) then we highly recommend Parmdeep's networking forum where you can sign up for a FREE trial by copying and pasting the following link:

http://tinyurl.com/37hy5g


This is just a few ways of using Robert Kiyosaki's Rich Dad techniques.

That's all for today's lesson. Hope you've learnt some great tips that you can use straight away. There's more on www.financialfreedomgurus.co.uk where you can sign up to the FREE newsletter detailing tips, tricks, gurus, member discounts and more...

Have you benefitted from Parmdeep's advice? 

submit
  • Reply
    lmsavo lmsavo Jun 21, 2009 @ 7:22 pm
    Thanks Parmdeep always a good read!

    I agree with FFG the best way to make the route to success as short as possible is finding a mentor. A word of caution be sure you can trust the people you mix with and don't relinquish control of your money and assets to anyone.
  • Reply
    FinancialFreedomGurus FinancialFreedomGurus Nov 14, 2007 @ 6:32 pm
    The Quickest Way to Earn Financial Freedom is to learn off experts who are proven in their field. Visit www.financialfreedomgurus.co.uk today to learn the latest techniques from the world's leading gurus in Property Investment, Internet Marketing, Trading and Starting your Own Business.

Essential books to Boost your chances of Financial Freedom 

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

Amazon Price: $9.90 (as of 12/20/2009) Buy Now

Rich Dad, Poor Dad 2: Cash Flow Quadrant - Rich Dad's Guide to Financial Freedom

Amazon Price: (as of 12/20/2009) Buy Now

Real Estate Riches: How to Become Rich Using Your Banker's Money

Amazon Price: (as of 12/20/2009) Buy Now

The 21 Success Secrets of Self-Made Millionaires

Amazon Price: $13.57 (as of 12/20/2009) Buy Now

Screw It, Let's Do It: Lessons In Life (Quick Reads)

Amazon Price: (as of 12/20/2009) Buy Now

by FinancialFreedomGurus

Didn't think it was possible to live the financially free life you dream about?

Then think again! On www.financialfreedomgurus.co.uk we teach the leadi...

(more)

Explore related pages

Create a Lens!