admin, Author at Tycoon Success

You Can Build the Life of Your Dreams with Terms Deals

What does “terms deals” mean?

When our Associate came to us with a specific goal in mind, we helped him achieve it. It’s really that simple inside the Wicked Smart™Community. We structure a predictable, proven & profitable strategic plan for our students and we go as fast or as slow as they’d like. One of our company Values is matching effort for effort.

One of the best things about the real estate industry is that you are ultimately in control of how much money you make. The more work you put into it, the more you’ll get out of it. And the more you learn, the more profit you can create for yourself.

So when someone comes to us with a very specific goal in mind, we get excited because we know that with our help and their drive, they’ll be able to accomplish it.

One of our recent Associates did exactly this—they enrolled in our program with the goal of using terms deals (Creative Real Estate whereby you can buy homes with no cash or credit or banks) to one day retire with a house on the beach in Jamaica. We thought this was a great (and attainable) goal for our Associate to strive for. As long as they took the time to learn the ins and outs of the TERMS niche inside this lovely industry and put the work in to close out a few deals, they’d be well on their way.

So let’s take a look at our Associate’s fourth deal, which will be one of the final deals they need to complete before securing that beach house in Jamaica. Once you see how this deal shapes up, you’ll see why just a couple of terms deals can truly change the course of your life utilizing our unique 3 Payday ™ system. We say that because our family average is approximately $75,000 per deal all 3 Payday ™ and our students around North America average a low of $45,000 to a high of $250,000 and up. After 31 years in this industry, I can assure you that the new way of real estate is getting paid 3 times!

Motivation, motivation, motivation

We often say that there are millions of people who want to get into homes on terms. Especially with the COVID pandemic still lingering, banks are getting tighter on financing, rates already rose and people are finding themselves unable to qualify for a traditional mortgage.

If you can’t get traditional financing and you’re currently renting a home, why would you not want to get into a terms deal? In a terms deal, you’ll likely be paying the same amount of rent as you would have otherwise, but by the end of the term you’ll be a homeowner and you can start paying down the principal on your home.

That’s why we always talk about the value of motivation with these deals. There is motivation on both sides—the tenant buyer wants to get into a home and the seller wants to get their property sold and cash out their investment.

In this case, the seller wanted to move to a different location and had already bought a home there. His first house sat on the market for several months with no interest. After it expired, he got a call from our Associate and they talked about setting up a deal.

The tenant buyer, on the other hand, had moved to this area from a different state for work and was living in a corporate apartment complex. They were spending a significant amount of money on rent each month (with nothing to show for it) and they couldn’t qualify for a traditional mortgage. So they jumped on the opportunity to get out of their apartment complex and buy a home through our rent to own program.

The focus with buyers and sellers is always to see where you can help solve the challenge or problem or a previously unattainable goal. When you do that, it’s a 3-way win.

How do you create wealth? Get ahead of trends while simultaneously becoming a guide for those in need of better solutions.

All 3 Paydays ™

This deal was structured as a 36-month sandwich lease purchase. The purchase price was $420,000 and the seller had $205,378 in underlying debt on the property. That means our Associate owes him $214,621 in equity at the end of the term and that’s how it’s discussed- seller cash out versus price. The price is simply used for the formula in Sandwich Lease deals.

Payday #1 is the down payment, which ended up being right around 10% in this case—$44,000, to be exact. Our Associate also was able to capture the first month’s rent of $3,000. This is something we do on nearly all of our deals; we structure them so that we don’t start making payments to the seller until 30 days into the term.

Payday #2 is the monthly spread on the home. Our Associate owed $2,437 to the seller each month and was receiving $2,635 from the tenant buyer. That’s a spread of $198 each month, which comes out to $7,128 over 36 months. Not a massive Payday #2, but it all adds up in the end!

Payday #3 is the markup on the sale of the home plus the principal paydown accrued over the length of the term. The principal paydown is where we receive a significant amount of profit, and this deal is no exception.

The markup was $20,000 (our Associate agreed to a sale price of $440,000 with the tenant buyer) and the principal paydown ended up being $1,500 per month. Over 36 months, that’s $54,000 added to Payday #3.

When you remove the initial down payment of $97,000, our Associate is left with $84,128.

Achieving your dreams through terms deals

Our student has already purchased a plot of land and will be building a home to retire in very soon in Jamaica. With just a few more deals, he’ll be able to retire and live the life of his dreams.

This is something we see time and time again. These types of deals give you cash-in-hand at the beginning, consistent cash flow throughout the term, and a large Payday at the end, thanks to our 3 Payday ™ system. With just a handful of deals you can build significant profit.

If you’re willing to put the effort in, educate yourself, and get deals done on a consistent basis you can build massive generational wealth with terms deals. This is just one of many examples!

What is it that you’d like to create that you’re not already creating?

Are you working for a pay check or even doing real estate deals that are one-pay deals, very transactional?

How many deals like this would you need in order to build the life of your dreams?

About Chris

Chris Prefontaine is a 3 – time best-selling author of Real Estate on Your Terms, The New Rules of Real Estate Investing, and Moneeka Sawyer’s Real Estate Investing for Women. He’s also the Founder and CEO of SmartRealEstateCoach.com and host of the Smart Real Estate Coach Podcast.

Chris has been in real estate for over 30 years. His experience ranges from constructing new homes in the 1990s and owning a Realty Executive Franchise to running his own investments (commercial & residential) and coaching clients throughout North America.

After the crash of 2008, Chris reengineered his entire business to weather all storms and economic cycles. Understanding these challenges, he helps students navigate the constantly changing real estate waters.

Today, chris runs his own buying and selling business with his family team which purchases 2-5 properties monthly, so they’re in the trenches every single week. They also help their students do the exact same thing all across North America, working together on another 25-30 properties every month.

– Chris Prefontaine, Smart Real Estate Coach, Founder, CEO & Coach

Ryan McCarty: Creating a Culture of Good

Just think how our workplaces would look like if all the employees were given the necessary permission to care about not only their jobs but also their colleagues, clients, and the things they are most passionate about. What if all the people got a chance to make positive changes worldwide while doing their job?

This is the story of a wonderful movement named ‘Culture of Good’, which Ryan McCarty and Scoot Moorhead started inside their company, The Cellular Connection (TCC). After growing the Culture of Good at TCC for quite a while, both Scott and Ryan McCarty established Culture of Good as a separate entity to start teaching organizations and their leaders about the Culture of Good.

As an organization, Culture of Good offers a Culture Champion Certification, where organizations can choose an internal leader to improve their workplace culture by sponsoring them to attend a three-day training. Being a part of this training schedule, the Culture Champion has access to all of the tools, tactics, and necessary team support to create a more robust and more engaging business culture for a year. Each of the Culture Champions learns to align their company’s strategic goals with the passion of their clients and employees.

“The certification provides a self-paced way to support all those within an organization working on employee and customer engagement, CSR, and culture change initiatives. If desired, we also offer keynote presentations on championing people and culture and partner licenses in addition to this certification.”– says Ryan McCarty.

Top Priorities

As the Co-founder of the organization, Ryan’s top priority is to ensure the organization is profitable and making a meaningful and important contribution to the world and the entire industry by doing what it preaches. He explains that solvency plays a critical role in the organization’s existence, but the work of Culture of Good is primarily driven by helping leaders implement a purpose-driven work process that involves people’s souls. “This is what I call “purpose ability.” Profitability is driven by purpose, and profits enhance purpose.“- says Ryan McCarty.

“I find my calling when my greatest passion collides with my greatest contribution to make the world better”

On the other hand, the second priority is to continue reviewing the organization’s tools and processes to meet clients’ evolving needs. Ryan McCarty strives to ensure that the Culture of Good not only engages leaders to become Cultural Champions but also empowers them to become an agent of change.

Unique Marketing Strategies

Ryan McCarty hosts a 30-minute podcast on LinkedIn Live every week. This podcast discusses the creation of Cultural Champions and great work culture in workplaces. Culture of Good’s team then repurposes the podcast content for various blogs, emails, posts, and articles. Additionally, the organization depends significantly on word-of-mouth referrals from past and present clients who have worked with it or have heard Ryan presenting his keynote, “Bring Your Soul to Work.” This eventually creates new opportunities for the organization to speak to and for organizations that want to share their mission and purpose with their audience. “Many of my efforts are directed toward trade organizations who want to provide their members with a purpose-driven process that engages their stakeholders.“- Ryan adds.

Suggestions for Young Entrepreneurs

Ryan says young entrepreneurs must “Keep work as simple and beneficial to your whole well-being as you can (don’t make rules or follow rules that don’t exist), look for strategies that scale your ideas (ideas without strategy are lifeless), always have a mentor (someone you aspire to emulate through your work/and pay them for their time), and tie your story into your work (this is what gives you a sense of meaning and purpose). Oh, and take care of yourself before anyone or anything else in your life. Yes, I’m telling you to put yourself first.”

Future Roadmap

The organization’s strategy is to certify as many as 10 Culture Champions monthly after a three-day training. The organization also plans to offer a virtual certification that can be taken from anywhere worldwide. Eventually, Ryan would love to host all the Certified Culture Champions and their teams at an annual conference to share their stories, learn best practices, and build a purpose-driven community of leaders.

Is Netflix Stock a Buy Now That Microsoft Deal Has Been Made?

In the year 2007, around 15 years ago, Netflix started its journey in the entertainment industry. Here, they started their first streaming service, and from the first time, they faced a huge problem as there was tough competition with the paid television sectors. Since that time, it has become a less costly and more effective alternative for the streaming platform. At that time, other companies did not see this company as a competitor of them and soon, broadcast and cable companies lost their share in the market, and Netflix started their journey as a famous streaming platform in the last 15 days. The shareholders have also received extraordinary returns as the stock has enhanced by around 4,600% in the last 15 years. As a result, the company will be able to get a good deal.

Microsoft recently selected the company to power the ad-supported streaming services. With the help of it, the company will be able to get highly enhanced streaming services. As a result, the company will also be able to enhance its revenue in recent years. As a result, it is going to be one of the most helpful deals for the companies so that they will be able to get more subscribers. As a result, it has become a very helpful deal for the company. In order to get the deals and the revenue, that company is going to take a huge deal.

Now, it will be a great deal for the people who will be able to enhance their share price also. Now, it is also going to be a very challenging decision for the company whether they will choose the deal or not. If they choose the deal, it can be a life-changing deal for them. By the help of which they will be able to complete the deal or not. This is a factor that is going to be a very challenging factor for them, whether they will be able to start the deal with the company or not. As a result, this has become a very challenging decision for the streaming service providers or not. The company’s shareholders are also waiting for the company’s decision, and it is also seen if people will be able to get a more return for the shareholders or not. This is also becoming a challenging factor for them.

The biggest ‘supermoon’ of the year is here: don’t miss it.

The supermoon is denoted as one of the most interactive situations that are going to happen this year. On July 13, Wednesday, at around 5 a.m. EDT (09:00 GMT), the moon will come to the closest point of the earth for 2022, this is denoted as one of the milestone records, and this is a position that is becoming one of the most impressive ones. The perigee distance between the earth and the moon will be 221,994 miles away, and after nine hours as well as 38 minutes later, it will become a full moon. Though, according to the scientists, the full moon will almost last a minute or two, the observation is going to be of extraordinary observation, and for this reason, the importance of the event is becoming exciting for the users.

According to scientists, it’s almost impossible to detect the change on the moon, and it is required to take help from some extraordinary telescope to observe the changes on the moon. Still, the interest in the supermoon event is relatively increasing.

So whenever the moon comes down towards the neighborhood, but at your pace, it can take almost many hours to watch the full illumination of the moon. As a result, it is going to be a rare event that will take place on the earth. Newspapers and other social platforms are insisting people go outside and watch the full moon in the evening, but for the local people, this is going to be a challenge to watch the full moon at night without having any tools. But, they will be able to see the biggest as well as the brightest full moon this year. As a result, more people are becoming eager to see the full moon at night. As the whole thing happened some years ago, people can still now be able to see the rarest event.

People, who do not know about the stars and other facts, are also eager to see the rarest supermoon as the whole thing will appear over a decade later. People are also eager to watch these supernatural events. People who want to watch this event can go outside and watch this supernatural event that is going to be one of the most impressive events for the general people who are willing to watch super moon during the year.

Light PDF editor is coming towards the Firefox browsers.

The light pdf editor is becoming one of the most effective PDF editors. Now, the firefox browser is also teaming up with the PDF editor so that the users can also use the PDF editor in the browser. They will be able to edit a document even faster than downloading it and making any changes to it. As a result, this will be one of the most effective browsers with the help of rich people who can make necessary changes even in their PDF documents. As a result, it will be one of the most effective Firefox Browsers, the help of which people will be able to see the differences between the Firefox browsers.

The company has declared that the light PDF is coming towards the browser so that people will be able to use the PDF on a regular basis, and this is also going to be a very safe platform for the users to use and edit the browser. As a result, this is also going to be one of the effective tools for the users so that they will be able to use the browser on a regular basis, and they will also use the PDF on a regular basis.

This is also going to be good news for the users that they will be able to make necessary changes in the PDF files, and they don’t have to go to the separate website and upload the document there so that they can make changes in it. As a result, the users are getting more attracted to the firefox browsers, and the importance of the browser is also increasing.

From the next update of the application, the people who are using it regularly will be able to see the necessary changes in the PDF editor, and they will be able to make necessary changes in the PDF also. So, for those people who are searching for one of the most effective Browsers with the help of which they will be able to make necessary changes to PDF documents, Firefox is becoming one of the most reliable applications for them also.

The entire process is going to be easier and also a more safe process and people will be able to use it on a regular basis also, and they don’t have to pay any extra fees in order to use the website, and it is also becoming good news for the users.

Apple Watch 7 hits a massive record low price ahead of Amazon Prime Day.

Amazon prime day is denoted as a prime time when people can make great products at a great price. Now, in these great days, the company is also giving great deals on Apple smartwatches. There is good news for the Apple watch seven lovers; the company is also giving a great deal on the watch. On amazon prime day, this is a great time to buy some latest tech as the price of these products is relatively decreasing. Just like the deal on the Apple series seven deal, they can get a great deal on other latest technological gadgets also.

During Amazon prime day, the Apple Watch 7 was on sale, and the product price tag was $284. So, it can be said that there is almost $115 off on the smartwatch. As a result, it can be denoted that this will be one of the greatest deals for the people willing to take the latest gadgets and watches.

This is a watch that gives almost 18 hours of battery life. Though, there is some space for improvement here. The improvement will help people get more help for the watches, and these products are also very impressive for use. The product is a very solid one, and for the smartwatch, people can also get a USB-C magnetic charger; with a single touch, people can use the Apple Watch, which also hits a record for others.

The Apple Watch is one of the most effective products for people who love to use smartwatches on a regular basis, and this is also going to be one of the most effective products people can use on a regular basis. As a result, people can take help from the Apple watches, and they can be able to get the best prime experience for the users. As a result, this is going to be one of the most effective deals with the help of which people will be able to get the amazon prime day. As a result, this will be one of the best products people can buy and get the best deals on watches.

So, people who love the best Amazon Prime can take help these days t fulfill their wish list and get the latest gadgets for their house. This will be very much effective for their pocket also.

With a new extreme sports model, the Apple Watch is about to become “pro.”

Apple is now going to launch the new model of the extreme sports apple device. People can now get help from the new models, the help which people will be able to track their fitness, and they can be able to stay healthy while using the watch regularly.

The extreme sports edition is going to be launched in a few days, and from now, people will be able to use the “Pro” moment of the extreme sports model. The name of the edition is not selected till now; the name of the extreme model is going to be Apple Watch Extreme, Apple Watch Max, Apple Watch Explorer Edition, or the Apple Watch Pro. Apple is going to launch a product that will be on the list of the “Pro” tier.

This special watch will be a higher expansion one, and higher-end people will be able to use the watch regularly. The expansion of the watch works as a standardized model and follows a long history of the Apple pro models and others. In the portfolio, this model is going to be one of the most famous sports models that can be used.

Apple products have been in people’s choice for the last several years, like the MacBook Pro, iPad Pro, iPhone Pro, and AirPods Pro; this pro watch model is also going to be in the topmost position. In this model, people will be able to use the extraordinary details of the pro model, including better screen performance and screen plus. Although it gives better results, people also get better performance for the users who are going to use the product, and the price of the product also remains high.

According to the users, people will be able to use more features, and all of the features will be listed as the pro features like the people will be able to use the pro features that include a shatter-resistant display, enhanced hiking facility, and swim tracking facility in order to get longer battery life and a heftier and rugged case that comes with premium features, and this is going to be one of the most effective features for everyone. The product is going to be launched soon. After the launch of the pro product, now, people will be able to access premium products for the users who are searching for the best watches.

Good news for lego lovers: The company is releasing a massive 2,800-piece Bowser set

Lego, one of the most famous browser sets, has become even more popular during the pandemic season. Now, the company is going to launch a huge 2800-piece browser set, and as these are denoted, one of the most complex sets and one of the newest for grown-ups. This is a complex and nostalgic product that helps in the recalling of youth and adulthood, and people can spend it playing with the help of the Super Mario Bros. The name of the new launch of the product is the Mighty Bowser figure, and it also comes with almost 2,807 pieces, which is becoming so complicated for the users.

The king of the koopas is a very famous set that was introduced first on October 1, and now the product is going to hibernate, and the bad boy series was eventually to be completed within almost hours. Basically, the motto of these toys is to prevent users from using several social media apps for hours and to stay naturally healthy mind by taking help from these browser sets. The loop to stay away from social media has become a very endless loop, and it is the best browser sets to spend time full of mental satisfaction. So, those people who want to stay away from the social media platform can take help from these endless loops that will work best for mind satisfaction, making the people even more satisfied. This is not the end, the lego company is going to start almost 3000 piece sets, and this factor has become one of the most famous inventions for the company who are willing to treat the new world along with every factor.

For people who want complete a set with the help of every little detail, this will be one of the best satisfactory products for those who are willing to spend their time without doing any other tasks. As a result, these will be the best and the most popular sets for those who are willing to use the browser sets regularly.

The market response to these products is also on high, and people are also taking them for their families to have a lovely evening. As a result, these products’ importance is increasing daily. According to the market’s needs, the company is also making changes to its products.

BMW M340i xDrive 50 Jahre M Edition is now on the market

There is good news for BMW lovers, BMW is now going to launch one of the most attractive models now in the Marketplace. The M340i xDrive 50 Jahre M Edition is the model built to celebrate the 50 years of the famous BMW company that is denoted as one of the finest German car brands. The car has also become one of the most famous from the inside to the outside of the car.

The addition consists of one of the most beautiful styling as well as interior, and on the outside of the car, there is a Chrome delete as well as a healthy darkened theme that will enhance The compatibility of the car so that people will be able to enjoy their trip in the car. The car is available in two colours, Tanzanite Blue and Dravit Grey, which makes the car more attractive to every person.

Not just that, the car also consists of sports states that R consists of a specific M-specific upholstery. So you will be able to get Galvanic silver finishing that will make you feel comfortable while taking help from the car. So, this will also be one of the most important steps you can get and understand. The sports finish of the car has been specially designed for the users who always search for some sporty cars for themselves. The car also comes with a black piano theme that gives one of the best results.

The car also comes with a three-zone climate control system, and the car also consists of a 10.25-inch infotainment system. The car also consists of an apple play system that has made the car different from others.

The company has officially declared the accessibility of the car from now onwards in the market, and this is also going to be the good news for the car lovers that they will now get their favourite car in a new look. Drivers will especially love the working of the car, and this is also the topmost selling car in the world, and people are now also searching for the best cars they will buy. So, the world is eagerly waiting for the release of the BMW. Also, the price range of the products will become pocket friendly for the people. As a result, it has become one of the most effective cars.

HP launches a new generation of AI-powered Spectre laptops.

HP or Hewlett Packard has now launched the new generation of AI-powered laptops that are also known as Spectre laptops – Spectre 13.5 x360 and Spectre 16. These devices are also known as devices that can generate a premium quality experience for the users, and the device also offers the premium style to laptop users. Windows is also known as the product that can generate adaptive intelligence in the screen-to-body ratio.

The Hp Spectre also comes with a 16-inch display, and the laptop is made with the help of the Intel Evo platform, and it also comes with Intel Arc graphics that are so different from others, and it makes the look of the screen even more attractive one. The strong processors that are merged with it give one of the most attractive experiences to the users.

The laptop also comes with a 4K OLED display, and its refresh rate is 120 Hz; it definitely comes with a touch display. The users will be able to leverage the multi gestures that are making the gestures even more, pinch to zoom options. People can double-tap and zoom the screen of the laptop.

Users will be able to choose from a range of 3:2 aspect ratios and the device for the web browser and the productivity tasks that are taking place. Also, people will be able to have a 16:10 video and audio editing aspect ratio that also looks like heaven for the users. The enhanced sound capacity and the AI-based privacy alert have become the most attractive for users.

This is a device that also comes with an almost 16 hours battery, and the battery can also help the fast charging capacity, and in minutes it can take a huge charge. Specifically, it can take 50 per cent in 30 minutes, and the power-saving mode also gives an extended battery life. As a result, charging accessibility has become one of the most attractive factors for users who are using laptops.

As the laptop is giving one of the best assistance to the users, tech-savvy people are eagerly waiting for the launch of AI-powered laptops, and it has become one of the most attractive choices for the people who are searching for the best AI-powered laptops in their desks that are also very attractive thing for the users in many way for them.