Assignment of Mortgage Payments System - Is This System For Real or Is It A Scam?
I've spent THOUSANDS of dollars on real estate investing courses, systems and opportunities - good and bad - over the past 3 years. When I first heard about this system, it peaked my curiosity simply because it was a strategy I had never heard about before. I wondered, is this cutting edge stuff or is the assignment of mortgage payments system a scam?
But after listening to the attorney present the assignment of mortgage payments program to our group a little over 16 months ago, I decided I would test it out and see if it worked as well as they claimed. That's when I started taking a good hard look into the assignment of mortgage payments system. I researched the concept and the strategy, trying to see whether it was real or a scam. Then I put together this very candid, brutally honest, behind-the-scenes review. Enjoy...
But after listening to the attorney present the assignment of mortgage payments program to our group a little over 16 months ago, I decided I would test it out and see if it worked as well as they claimed. That's when I started taking a good hard look into the assignment of mortgage payments system. I researched the concept and the strategy, trying to see whether it was real or a scam. Then I put together this very candid, brutally honest, behind-the-scenes review. Enjoy...
This is what really ANNOYED ME about the Assignment of Mortgage Payments System at first...
I want you to understand that I had recently decided to be a full time real estate agent and investor and paying my bills was dependent upon me kicking some butt and getting deals done. I had been struggling as a 'newbie' and knew that getting more real estate investing knowledge would give me the edge I needed. After a ton of research into investors and their programs, I decided to check out Phill Grove.Let me bring you back to April 2009. I took Phill Grove's Real Estate RE-Volution Boot Camp here in Austin Texas and was blown away by the amount of content I received. It was like drinking out of a fire hose for 2 full days, but it didn't stop there. I joined Phill Grove's coaching program and sometime in May, we were invited to come listen to a local attorney talk about Assignment of Mortgage Payments. Suddenly, we were a part of a revolutionary new concept that seemed to have the potential of being the "next big thing!" We decided to get out there and try to make it happen.
So I set out to find sellers that met the assignment of mortgage payments system criteria:
* The sellers had to be motivated
* The sellers most often had to have little to no equity.
The reason that I was totally annoyed and fed up was because I found TONS of these sellers but the concept was so new that I didn't know what to say to them. I also didn't know how to overcome their objections when I was presenting a possible solution that was really ideal for their situation. Meanwhile, my phone was ringing off the hook with seller after seller. I had to test my pitch myself on every call and cross off everything I SHOULDN'T say!! It was a bit nerve wracking and embarrassing.
Now the assignment of mortgage payments system has 16 months of testing and tweaking behind it so you get to soar past my learning curve and frustration.
What I originally thought might be some kind of new real estate investing scam, ended up being a strategy I've now built all of my real estate companies around.
What Is The Assignment of Mortgage Payments System?
Get the FACTS!
http://assignmentofmortgagepaymentsreview.com for more information.
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What is the Product and How Does the System Work?
Is it as simple as 1-2-3 like they say?
The assignment of mortgage payments system teaches you how to sell 'unsellable' houses to 'unloanable' buyers. It is a thick manual (about 450 pages), and that doesn't even include the contracts. It's basically a blueprint of not only how to find, process, present and close assignment of mortgage payment deals but also numerous other little-to-no equity real estate investing strategies.
Here is how the system works, I teach a 3 step process:
In the first step, you are concentrating on real estate marketing and lead processing. I suggest using inexpensive and free real estate marketing strategies to start. This way you can fine tune your process and begin building an income. The best time to increase your real estate marketing budget is when you are converting prospects consistently. The lead processing begins when calls come in. This is when you take the call, gather the information, evaluate the deal, and present a solution.
Step 2 is the presentation, conversion, and getting the property under contract. Just like any sales presentation, this step takes practice,. The most important factor here is learning how to overcome objections. Getting the property under contract is as simple as learning what documents you need and knowing how to fill them out.
Finally, step 3 is marketing for the buyer and closing the deal. Buyers are incredibly easy to find. In fact, this is another little nugget I'll share quickly: When you start out learning the mortgage assignment profits system, a quick way to generate cash and start building cash reserves is by marketing and helping buyers only. You'll learn more about how to do this in the course. In my opinion, this one strategy alone, is worth more than the price of the course.
The concept of assignment of mortgage payments fitting into a market like we are in today is ingenious. The best part is that it even allows an inexperienced real estate investor or agent the opportunity to make money without losing their shirt.
Here is how the system works, I teach a 3 step process:
In the first step, you are concentrating on real estate marketing and lead processing. I suggest using inexpensive and free real estate marketing strategies to start. This way you can fine tune your process and begin building an income. The best time to increase your real estate marketing budget is when you are converting prospects consistently. The lead processing begins when calls come in. This is when you take the call, gather the information, evaluate the deal, and present a solution.
Step 2 is the presentation, conversion, and getting the property under contract. Just like any sales presentation, this step takes practice,. The most important factor here is learning how to overcome objections. Getting the property under contract is as simple as learning what documents you need and knowing how to fill them out.
Finally, step 3 is marketing for the buyer and closing the deal. Buyers are incredibly easy to find. In fact, this is another little nugget I'll share quickly: When you start out learning the mortgage assignment profits system, a quick way to generate cash and start building cash reserves is by marketing and helping buyers only. You'll learn more about how to do this in the course. In my opinion, this one strategy alone, is worth more than the price of the course.
The concept of assignment of mortgage payments fitting into a market like we are in today is ingenious. The best part is that it even allows an inexperienced real estate investor or agent the opportunity to make money without losing their shirt.
How Do I Make Money With The Assignment of Mortgage Payments System?
If you're anything like me, you don't get into any program until you say "Show me the money!" Okay, maybe not exactly - but I know that's what you're thinking. You want to know that as a real estate investor or real estate agent, this is going to be worth your investment - both your TIME investment and your MONEY investment. I'm going to explain to you how to make money with the Assignment of Mortgage Payments System, why this is the simplest and easiest way to create a substantial income, and what you're going to want to do to grow your income even more than just with the system.In a nutshell, your mission to find and tackle mortgage assignments will result in you finding a variety of other deals along the way. One of the 3 tips I've written regarding implementing this system is to find yourself a partner that is the opposite of you. Meaning if you are real estate agent, you need to find a real estate investor and vice versa.
I happen to be both, but since I'm licensed, there are things I just can't do when it comes down to the law. That's why I have a partner who is not licensed. When marketing for assignment of mortgage payments deals, I have found short sales, buy and holds, assignment deals and even traditional deals. Not to mention I've become pretty well known in our area so I get lots of referrals because home owners started spreading the word that we have options that no one else is offering.
The best way to make money with the assignment of mortgage payments system is to get out there and market like crazy. However, DO NOT force every deal into a little "assignment of mortgage payments" shoe box. Evaluate the deal, figure out which strategy is going to work best...implement it...get paid...all while helping the homeowner.
It really is as simple as 1-2-3, but you can't be afraid of hard work.
What is MISSING in the Assignment of Mortgage Payments System?
If you miss this information it will cost you THOUSANDS.
No matter what business or system you start learning, hands on experience and coaching is the FASTEST way to success.Without proper TRAINING, it's easy for newcomers to get lost in a massive sea of information. It needs to be step-by-step, take-you-by-the-hand simple.
Can you do it all our on your own with just the product itself? Of course you can, as long as you put in the effort!! However, your rate of success will be from you having the coaching and training support at your fingertips. This will help you avoid costly mistakes and it will send you to the top and make you an expert so much faster.
Here are some of the coaching programs that are available, I happen to be a platinum graduate and highly recommend any coaching program that will help you learn from the mistakes and experience of others. Click Here to learn more:::
You Can Buy The System From Mickey Mouse or Joe Schmoe...
But do THEY have these resources to help you skyrocket your income?
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Assignment of Mortgage Payments System Review
3 Tips On How To Implement This New Cutting Edge Real Estate Investing Strategy
Trying to decide which real estate investor guru's system to buy is hard enough, but once you find what you want, implementing what you learn is a crucial component of your success. As they say, 'time is money' and this is no different in the world of real estate investing. If you let any form of real estate training lay stagnant for too long, the odds of you putting the training into actions is slim to none. So here are 3 tips on how to implement the strategies taught in the assignment of mortgage payments system right away.The first tip to implementing the real estate investing strategies taught in the Assignment of Mortgage Payments System is related to finding properties that fit the profile. You will want to sit down and make a list of what type of data you should be staying on top of each week. Things like expired listings, homes that have been on the market for more than 90 days, and areas that have high months of inventory. You will find that when you start keeping track of these lists, you'll be able to notice trends in certain areas that are prime targets for your marketing efforts.
The second tip to being successful with the Assignment of Mortgage Payments System and your implementation of these real estate investing strategies is to build your list of other real estate investors and real estate agents who are using this system and similar real estate investing strategies. Go to your local real estate investing clubs and find out who specializes in what real estate investing strategies. Start making a list of everyone you meet and put their information into an excel file sorted by what they do (i.e., hard money lender, rehab investor, etc). Then, the next time you have a deal come up, email your contact list to see if you can find a quick solution. If not, post the deal on your local real estate investor club's website and when you get inquiries, add those investors to your excel file so that you continue to build your list.
The third tip and possibly most important tip to implementing the real estate investing strategies taught in the Assignment of Mortgage Paymetns System is to team up with a real estate agent. You are going to want access to the Multiple Listing Service, and in many states, you can not access this data on your own. For real estate agents, you will want to team up with an investor because many of the leads that will be calling you are already represented and legally you must disclose that you are a licensed agent and politely end the conversation. For those leads, you will need a partner who is a real estate investor who can follow through to see if they can help.
A final tip that is not just applicable to how to succeed with the assignment of mortgage payments system, but with any business or system. Be consistent in your marketing efforts. This is one of the most important factors of success. Many real estate investors start off on the right track, only to stop the marketing efforts completely once the leads start coming in. Suddenly there's a big dry spell and it's like starting all over again. Schedule how much you are going to spend and how much time you will dedicate to your marketing efforts and then make it priority number one. Discover more valuable tips and strategies on how to make money with the assignment of mortgage payments system.
Confidential Assignment of Mortgage Payments System Report
I have a complete Mortgage Assignment Profits System Confidential Report at http://assignmentofmortgagepaymentsreview.com .I also list my phone number and email on my site should you have any questions.
All the best,
Dani Lynn
This UpMarket page written by
danilynnatx
Dani Lynn has a background in finance, mortgage and real estate and specializes in owner finance buyer and seller representation. She is cofounder of... more »
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