Multiple Exit Strategies
NOTICE: Standard sign-up rates expire midnite, Wednesday, 10/12.
16 Content Packed Sessions! Click for Agenda.
Who will profit by attending “Multiple Exit Strategies”?
- Entrepreneurially oriented real estate agents and brokers who successfully list short sales but have trouble closing them.
- Buyers’ agents and brokers who see too many of their deals failing to close due to weak listing agent negotiations resulting in high prices or foreclosures.
- Entrepreneurial real estate investors who were attracted to short sales when quick flips were possible and haven’t learned how to profit from the new environment.
- Passive real estate investors who have idle funds looking for good returns by working with smart, legally compliant, active investor-entrepreneurs.
- Lenders, lenders, lenders: flip friendly lenders for end-buyers; transactional funders; private money lenders; short term/bridge lenders; hard money lenders; rehab lenders.
- Service providers and professionals who assist any of those above.
Are you facing any of these challenges?
- Are you finding it tougher to close and resell short sales?
- Are 30–60-90–120 day holds killing your REO or short sale deals?
- Are your trust-based deals hitting roadblocks?
- Are difficult end-buyer lenders killing your deals?
- Are seller bankruptcies hurting your deals instead of helping them?
- Are you looking for new and creative ways to profit from distressed properties?
- Are you prepared to take advantage of the confidence that solid legal knowledge provides?
- Are you ready to connect with other entrepreneurs who are making this happen?
Who said short sales, REO’s and auctions are easy money makers?
Probably someone offering a single topic course.
Many single market cycle niches have a brief period when it’s relatively easy to make money. Then lots of “wannabee” investors, brokers and agents get into the niche. This often results in excessive competition and government intervention, which causes an exodus from the previously profitable niche.
Even the “coaches” and “trainers” leave the niche for something else.
What happens next?
New opportunities in the same market niche!
The new opportunities are for those who work smarter and more effectively – the ones who adapt and evolve. These are the entrepreneurs who will be gathering at Multiple Exit Strategies.
“Multiple Exit Strategies” is the premier, high-level gathering of serious, business-minded real estate investors, agents and brokers who realize the greatest opportunities are always found in down markets and distressed properties.
We’ll be totally honest with you: this event is NOT for those who want to just tinker in real estate and think they’ll make big, easy money. The real players know those days are long gone. The real players also know there’s good profits that are slipping past them due to one or two missing pieces that need to be replaced, rebuilt, re-sourced or re-engineered.
That’s where Attorney Ron Ballard and the Real Estate Strategies Institute (RESI) come in. Ron is “in the trenches” with clients every day working tirelessly to make deals work. When one solution is created, it may be shared with other clients or RESI members.
Sometimes the solutions are created right in the conference from the combined knowledge and resources of the participants.
RESI events are not about hyping easy money in “the next big thing.”
They are interactive, high energy, high content gatherings of largely full time entrepreneurs sharing challenges and creating solutions.
Many profitable alliances have come out of the first two RESI events.
People are making good money in these markets – WHEN treating it like the business it is. And, many of them are pleased to partner with deal finders.
- Are your short sale listings dying due to buyer’s loans falling through?
- Are you good at finding buyers but not effective at managing short sale sellers?
- Could you save your buyer’s deal if you could control the property after the foreclosure auction?
- Are your short sale resales being hindered by bank-imposed holding periods?
- Is your closing cash over-extended? Or non-existent?
- Did your title company exit your business model?
- Are you struggling to monetize “A to C” transactions?
Other investors, agents and brokers working with distressed properties have faced the same challenges and are overcoming them.
Multiple Exit Strategies is where you will meet them and be able to build strategic alliances for greater common profits.
RESI members and prior conference participants rave about the differences in our programs over the others.
RESI events are intensive, content-packed and filled with active entrepreneurs.
Frankly, if you’re a new investor just getting your feet wet, the event content is probably over your head.
Yet, this is your chance to be like a “fly on the wall” to meet up with those who are doing the business and hear the challenges they are facing and how they are overcoming them.
Multiple Exit Strategies is presented by Ron Ballard, best known as “The California Short Sale Lawyer.”
For the last few years he’s taken on the topic too few lawyers are willing to touch: how to safely navigate the treacherous waters of short sale, REO and foreclosure auction resale investing.
Buying and rapidly reselling distressed sale properties has been a successful real estate niche in different areas for over a decade, but it became popular and prevalent only a few years ago as more and more homeowners found themselves with underwater real estate. In most markets, short sales and REO properties constitute the majority of residential sales. Three years ago short sale seminars were packed with part-time wannabe’s who could wade into a market and catch easy profits.
But 2010 saw Gigantic changes which have persisted …
Freddie Mac, Fannie Mae, Departments of Real Estate, State Legislators, Attorney Generals and the Federal Trade Commission ganged up to attack perceived abuses and cast negative aspersions over all distressed property investors and the real estate agents working with them. In their zeal to stop true predators and fraudsters, they created an icy environment in a market niche that is necessary to thaw a frozen recovery in the distressed property markets.
Distressed property transactions will be the rule for more than 36 months in my opinion, most likely even longer in many major, Western markets. In 2010, the weak-kneed sissies, part-timer scouts and get-rich-quick wannabe’s jumped overboard and bailed out of these niches as perceptions grew that it was difficult.
Now is the time for the serious investor and real estate agent to go to Multiple Exit Strategies and accumulate success in what some see as a neglected niche.
What will it take to profit in distressed property transactions
over the next few years?
For starters, investors and agents need to be able to differentiate yourself from the predators and fraudsters.
You need to build others’ confidence in the legitimacy and value of your role in liquidating distressed properties and bringing relief to homeowners.
You need to be sure that you are operating legally and ethically in order to avoid complaints and investigations – and to have ready responses and defenses if they ever come up.
Multiple Exit Strategies for Distressed Property Profits will provide the foundation for flexibility required for the balance of 2011 and beyond.
In This Environment Even 30 Day Old Information Can Be Too Old
RESI Events provide “Intensive Education” that’s not for beginners. If you’ve been pursuing the distressed property market for more than a year, you know that laws, regulations, interpretations, alerts and bulletins can come out often – even more than once a month.
You need to be up to date to be safe.
I know money can be tight if your deals are delayed or falling out. And this may be short notice for some, but one legal misstep due to missing this event can sink your business.
You need to make Multiple Exit Strategies for Distressed Property Profits a priority investment now to assure safe business practices and more successful closings for the rest of 2011 and in to 2012.
By following proper legal procedures and using effective legal documents, you will dramatically reduce the cost to respond to any kind of inquiry – probably by several times the cost of the two day event. Moreover, if you close one more deal from the strategies provided, you should recover the cost over several times.
You Can’t Afford To Stay Home
It’s not that you can’t afford to go, it’s that you can’t afford to stay home and fail to navigate your business to more creative closings and to operate more safely.
What People Said About Our June One Day Event
“The whole seminar was great. Packed with content and information.” – Crystal G.
“Not product sale driven. Actual content, not just a teaser. Thank you.” – David T.
Regarding the discuss on Legal Environment — “My favorite! Gave me much more
confidence that our practices are as safe as they can be.” – Anne R.
“Great information in great detail. Great level of networking at our level.” – Shereen N.
“The fact that you had this was AWESOME. Thank you. I greatly appreciate the CA
specific.” – Vivianne I.
“Information up to date based on active attorney and investors doing real business
with.” – Hiroshi M.
“Always a pleasant and worth while investment of time.” – Anne R.
“Thank you so much Ron! Great Seminar. I loved it!” – Ridi C.
A Bold Experiment Is In the Works
You’ve probably attended events where the sponsor invites their favorite vendors for an opportunity to promote the vendor’s business.
RESI is taking an entirely different approach: we are inviting several service providers for the same service to join together in panels and brainstorming to share their different approaches to getting deals closed.
Watch them fight it out to show who can earn your business!
Guest speakers and/or panels are being invited for:
- Flip friendly lenders for end-buyers
- Transactional, short term and hard money lenders
- Escrow and closing agents to identify trouble points in closings
- Foreclosure bidding services who will attend the auctions for you
- Other lawyers from the trenches of litigation and bankruptcy
As the speakers and panelists confirm their attendance, we will post it on the web and email it to the attendance and interest lists.
Frankly, we’d love to host three to five day events to address the many challenges and solutions but we know most active entrepreneurs are still “hands on” in their business and must carefully budget their time and resources devoted to conferences and workshops.
Schedule: We will pack Friday, October 14 from 8:00 a.m. registration (8:30 content begins) through 6:30 p.m., with a 75 minute lunch break and dinner on your own.
Saturday will start at 8:00 a.m. and go to 5:30 sharp (when we lose the meeting room to a night time event) and will be followed by the opportunity to build relationships and have a fun relaxing time at dinner (no host cost about $35–50/person cash — most likely at Benihanna, just a walk across the street).
Those who stay in town Saturday night should reserve time for private strategic alliance brunches Sunday morning (not part of the official agenda).
You never know, we might even add a Friday night bonus session if we get some breaking new content – I’m especially thinking in terms of emerging litigation tactics that are bringing significant loan discounts and removal of resale restrictions …
Learn In An Unique Setting
This is not one of those giant, hotel “pitchfests”. We booked a room with a 60 person classroom seating capacity.
Multiple Exit Strategies for Distressed Property Profits is small by design – so it will be more like personal legal consultations than an auditorium lecture.
Each topic ends with an interactive question and answer session which can become an engaging dialog between participants. The event assumes that students are doing deals and know the basics. So if you’re don’t have intermediate or advanced knowledge before you arrive, it’s best to stay home.
With more advanced students attending, the questions are deeper and the opportunities for venturing together on deals are more likely and immediate. RESI has hosted two similar events, in June 2010 and January 2011. Many participants reported that the relationships they made alone were worth the time and effort.
We can’t guarantee dry, sunny weather. But Newport Beach is often nice in mid-October.
This is not a series of speakers offering tools and coaching programs. Any other speakers will be service providers and other professionals that you can directly work with in your business.
Otherwise, this intensive educational experience more like your own, personal, extended legal consultation (just with other people listening in). Where else can you lock in a specialized attorney for two days straight?
Extraordinarily Valuable Relationship Building
Recognizing the Reign of Relationships in Real Estate is key to making your business thrive. The intimate setting and advanced level focus of Multiple Exit Strategies attracts a higher level of investors and agents.
Experienced investors and agents know it’s not just what you know, it’s also who you know that builds successful businesses. Even one new relationship could be very valuable.
What Are Your New Doorways to Profits?
1. New Short Sale Strategies
The days of the quick flip in short sales are pretty much gone for most, but the profit opportunities aren’t.
Getting short sale properties under contract remains the first step of establishing the pathways to Multiple Exit Strategies.
Short sale investors who were originally attracted to the quick flip opportunities need to be more strategic.
There’s no such thing as a one trick pony in short sales.
Investors must be contributing value to the deal in order to have a profitable role.
The transaction team needs to understand RESI’s newest documents and how they address current circumstances, such as the bank affidavits.
Turn the holding period into a positive: target rehab properties and either wholesale them or create your own rehab team.
Use trusts and other entities wisely. Learn how small changes in timing can make a world of difference.
Learn how you can sell to cash buyers without a non-flip clause harming your deal.
More deals will likely go “A to C” than “A-B-C.” Learn to profit (at least collect some cash) from nearly every approved short sale you get under contract.
Learn how to “dual-track” an end buyer’s loan so their financing won’t fall out at the end – or take so long that your profit evaporates. We’ll have at least one end lender present who is happy to be the backup lender because the other lender falls through more often than not!
Learn how your financed buyer can still buy the property the bank refused to short sell and sent to foreclosure.
We used to hate the HAFA 90 day hold. How can you turn the HAFA program into your friend?
Learn how the seller’s bankruptcy filing can help your deal instead of harm it.
Learn how to help seller’s identify bankruptcy scams versus proper uses of bankruptcy, so your deal can stay alive.
2. Foreclosure Auctions As Opportunities
The pace of foreclosure auction filings (trustee’s sales) in California, Nevada and Arizona just took a giant leap. How can you take advantage of this rapidly changing environment? How will it affect markets and values?
One of the unintended consequences of California’s SB458 is that short sales with multiple liens are being rejected more.
Know the risks and pitfalls of negotiating an unsuccessful short sale and then buying at auction.
Take advantage of unskilled listing agents and their weak negotiations by identifying buyers agents of failed short sales and completing their deals.
Afraid of the auction? Have no fear. Learn how you can use professional bidding services to handle the dirty work.
Short of cash for “all cash” foreclosure auctions? Learn how to “layer” and sequence funding sources to make deals happen.
Finding too many good auction deals to handle? Learn how to be a “deal finder” for wholesale buyers and collect a fee on deals you can’t take.
3. Remembering REO’s
Foreclosure filings and auctions slowed dramatically since late 2010 due to procedural problems like “robo-signing.” This slowed the inventory of bank-owned properties for sale (REO’s).
Due to low inventory, the REO niche has been largely neglected. This is about to change as banks are accelerating the pace of foreclosures again and often refuse to extend short sale approval dates.
Learn how can you get on the leading edge of a renewing wave.
Which REO’s will present opportunities? Identify REO’s to wholesale, rehab or flip (when done right).
How a “B” investor can do deals when the end buyer is a cash buyer who one would think would buy directly?
Will realistic opportunities open for small lot “bulk” REO sales? How can you be on the bleeding edge when this happens?
4. Avoiding THE DARK SIDE
Every opportunity has risks. Don’t risk the dark side of distressed property transactions such as arrests, law suits, disciplinary license proceedings and black listing.
Freddie, Fannie and the Banksters are crying “fraud” simply because effective entrepreneurs understand market behavior and how to legally profit from the GSE sanctioned reckless lending practices of the past which crashed the real estate markets.
Fighting a blacklisting can easily cost $2,500–$5,000 for legal defense.
Fighting a Department of Real Estate investigation usually starts at no less than a $5,000 retainer and can grow into far more.
Defending litigation (especially if it’s not covered by E&O or other liability insurance) can easily run $10,000 – $100,000.
Even though I, and hopefully you, know their claims and threats are not legally sound, investors, agents and brokers working with distressed properties must carefully navigate the mazes of legal compliance in these niches.
Ron Ballard is the attorney more real estate trainers turn to for California legal compliance in short sales and similar transactions. Ron also networks with other nationally recognized investor-oriented attorneys to brainstorm about proper compliance and legitimacy of effective market economy solutions to the current real estate crisis.
Best known as “The California Short Sale Lawyer,” Ron’s blog at www.CaliforniaShortSaleLawyer.com is the leading advocate exposing the faulty legal reasoning in the banks’ false claims of “fraud” against legitimate short sale investors.
How do investors and real estate licensees avoid being dumped into the same bucket as predators who engage in truly fraudulent transactions? By learning and closely following the steps Ron teaches for legal compliance.
At Multiple Exit Strategies, Ron will update you on the latest legal issues and the procedures and RESI forms that you need to use to operate safely in this potentially dangerous niche.
Many people don’t know that Freddie, Fannie and many banks have an “exclusionary list” (blacklist) of investors, brokers, agents and even closing agents that they refuse to allow in their transactions.
Ron has successfully argued for blacklist removal. Some clients simply chose instead to change business structures rather than fight. In all cases, not one blacklisting, arrest, charge, conviction, desist and refrain order, or disciplinary action has resulted when a RESI member or client of Ron’s has properly followed and documented every step as Ron teaches.
There are no shortcuts to compliance. Everyone involved in distressed property transactions needs to thoroughly understand and follow the steps to staying legal.
If a district attorney, attorney general, DRE investigator, or FBI agent contacted you about one or more of your transactions, would you be in fear of the outcome?
Or would you have reasonable confidence that you have followed the proper procedures, used thoroughly drafted forms, and have access to a legal advocate who can explain the legality of the process you followed for the deals you contracted?
Ron’s clients and RESI members can have that confidence. The best, deepest information and advice comes through live events.
The most confident entrepreneurs pay close attention at RESI events in addition to keeping up to date with RESI’s online information and forms. There’s just no substitute for actually attending a live event.
In a private RESI reception at another trainer’s event last July, one RESI member who had been threatened with a $150,000 “settlement” in lieu of fine by a local district attorney credited her RESI membership and Ron’s advice to the D.A. backing down 100% and entirely dropping the investigation.
Is there any other teacher, “coach,” “trainer,” or adviser that you can say has provided you more than $150,000 of verifiably, quantifiable protection to your business?
That’s the proven power of RESI events, RESI membership and Ron’s advice.
Do you have $150,000 ready to burn on frivolous government settlements?
If not, register now for RESI’s Multiple Exit Strategies and prepare to participate proactively and profit profusely from the strategies you will receive and the new relationships you will develop.
What Is The “Real Life” Value of Attending?
Multiple Exit Strategies is a two day event intensively covering the emerging deal flow strategies of distressed property resales. Each day will be more like your personal legal and business consultation with Ron Ballard and select service providers.
Each day will be packed with easily 7 hours of teaching and Q&A; all of it moderated by Ron and easily 10 hours presented by him. Ron’s base legal rate is $500 per hour.
If you were to block out Ron’s schedule for two 5 hour days, it would cost you $5,000.
For most people attending the event, your investment in preserving the future profits of your business will be about one-tenth that much. When you see the agenda and materials, you’ll have no doubt that more than 100 hours of Ron’s time is going into preparing the content and the experience. That’s additional real world value of $50,000 of legal and business advisory services for a “real world” value of easily $55,000.
As you can see, the combined “real world” NO B.S. value of Ron’s professional time invested in the two days of intensive training is easily at least
$55,000
Compare the investment in this event to the expenses of responding to an investigation or defending litigation.
Violating the law might not have only civil judgment losses, but jail time or prison time as well.
What’s it worth to avoid even a 30 day “hand slapping” time in jail?
Or avoiding federal bank fraud penalties up to $1,000,000 and 30 years in prison, or both?
Actual RESI members and/or Ballard Law clients have grossed over $50,000, $70,000 and $100,000 on ONE short sale resale deal in this challenging year of 2011.(Your results will vary.)
It is not uncommon for some clients to consistently net $7,500, $12,000 and more per deal with an ongoing pipeline. Even in the current environment.
It’s easy to see how these kinds of profits can be wiped out defending just one complaint if you are not properly structured and prepared. In some of my client cases only several hours of legal fees have been needed to clarify to investigators that investors and agents are operating within law.
That’s a big difference.
That’s the difference you’ll enjoy by attending Multiple Exit Strategies and licensing the RESI forms for use in your business.
Not only does the right knowledge and operations reduce your risks of trouble, they also increase your potential for profit.
Homeowners, listing agents and end buyer agents want the comfort to be involved in legal transactions.
By being on the cutting edge of legal compliance, you will be able to explain the legitimacy of your business and gain their confidence to do business with you.
These two days will not be only Profit Preservers but Profit Builders as well.
What Are Investors and Agents Saying?
The following are some brief unsolicited, unedited and uncompensated excerpts from email messages Ron has received:
“Thank you for a great informative session that once again proves why you are the number 1 short sale attorney in California…seriously!” – CB, Los Angeles
“I have closed 2 flip deals with your contracts in the past 2 months. Thank you for your assistance and I hope to meet you in person one day.” – JB, East Bay Area, CA
“The slides from Cory’s webinar is GREAT stuff BTW. Just read them all, kudos to you for such a great presentation.” – JL, San Diego
“Thank you for the clear and very informative presentation, I have taken some courses taught by Attorneys, but it has never been explained so clearly as you have done it.” – LR
“Thanks! You were great by the way. Very thorough and informative.” — EML, Beverly Hills, CA
“What a marathon of awesome information you provided.” – JM, Ventura County
“Ron, You’re the best!” – SP
“Your style of communications and information in the webinar was great as a non-legalese insight for a new REI.” – JE, New Jersey
“I am a great fan of yours” – ST
“It’s quite a learning experience, but your support and all your contracts on your website make this so much easier.” – JD, Fremont, CA
How You Will Be Equipped
The 2 Day Event will cover the emerging strategies as well as updated details of distressed property transactions, with a focus on California and other Western States.
Each topic will include an educational presentation, question & answer period, and opportunity for interaction among the attendees.
RESI’s “version 5+” forms (California-specific as well as nationally generic) will be the foundation for training and will be shown on screen, along with excerpts in your handbook.
Only RESI members are licensed to view and use the complete forms in their businesses, so if you are not a RESI member, take advantage of the half-price special for seminar participants. [RESI forms are for member use only and will be subject to execution of a non-disclosure agreement.] Sign up before your register for the events at one-half of the usual start up cost and you will be eligible for RESI member discounted event registration rates too.
Unbeatable Membership Offer: RESI California-specific membership is usually $597 sign-up for the first month membership and to be licensed to use the form system, plus $127/month continuing membership for forum access, ongoing updates, new content, etc.
Subscribe before the event for only $298.50 and then $97/month and you also receive at least $100 — $200 discount on your registration fee per person for the 2 Day Event.
When two team members attend, it’s like getting paid to become a member!!
Register Today For The Best Rates
As we told you above, we have reserved a room with a capacity of 60 students in classroom style seating with tables to hold your manuals, notes, netbooks, tablets, etc. This is an intentionally intimate setting for high interaction both with the presenters and your fellow entrepreneurs.
There’s no false scarcity here. It’s an average size meeting room and the hotel has nothing bigger available. When we get close to truly selling out, we’ll hopefully have time to post the remaining seat count.
When you register before October 10, I’m confident you’ll get a seat. Early orders help our planning, fund our advance costs and deposits, and show us who the serious people are. We reward your action with generous discounts and appreciate you making our planning more efficient.
Special Team Member Rates:
Your business should be a team and your key team members should all have this information. So we give discounts for additional members from the same business team. We appreciate your honor in observing this. For example, an investor can include the broker or agent it works with. A broker can include it’s agents. Corporate officers or LLC members are part of the same team.
If you are truly working on the same deals together for mutual profit, then you count as a team.
Special Spouse/RDP/SO Rate:
We believe your life-partner should be your key “master mind” partner too. For the first time ever, we are offering an extra special rate for life-partners, such as spouse, registered domestic partner, or truly “significant other.” This does not apply to typical business team members. (If you’re sharing the same bedroom, or engaged to be married, then that’s a good guide to qualify.)
Early Order Discounts:
Non-members register for almost one-third more than RESI members, so join before registering if you aren’t yet a member.
Registration Deadline: All registrations need to be submitted and paid by Midnight on Monday, October 10 so we can finalize all supplies and refreshments.
Two generous snack breaks are included – at the start to get you in on time and in the afternoon. Lunch is on your own.
We expect to arrange a no-host dinner gathering on Saturday, October 15 for fun networking and business relationship building. (You should budget $35-$50 cash for this, likely at Benihanna just across the street.)
Sign Up Now: This will be the event distressed property investors and their agents will talk about for months. Be sure to sign up now, at early bird rates, so you will be the one talking about it, not the one hearing about it with disappointment about what you missed.
How To Get Over $55,000 Of Legal Information for 90% Off the Cost
RESI Members get the best rates – as low as $447 for fast action. Click Here to become a RESI member today for half the $597 regular initiation fee: Now Only $298.50 when you also will register at least one member for Multiple Exit Strategies.
No Gimmick Pricing: You See It All Below.
| |
Order By Midnite Wednesday, Oct. 12 |
Space Permitting: Oct. 13 |
| Not A RESI Member? | ||
| First Team Member | $747 | $847 |
| Ad’tl Team Members | $598 | $748 |
| Spouse / RDP / SO | $150 | $199 |
| RESI Members: | ||
| First Team Member | $597 | $797 |
| Ad’tl Team Members | $478 | $698 |
| Spouse / RDP / SO | $100 | $150 |
| Anyone at the Door: | ||
| First Team Member | $897 | |
| Ad’tl Team Members Spouse / RDP / SO |
$798 $200 |
Remember, this is not only your Business Profit Preserver but also your Business Profit Builder.
It’s both your lifeboat to safety and your cruise liner to comfort.
I look forward to seeing you in Newport Beach.
Sincerely,
Ron Ballard
“The California Short Sale Lawyer”
Founder, Real Estate Strategies Institute, Inc. (RESI)
QUESTIONS or Special Circumstances ??
Call 1–877-RESI 4 US (1–877-737‑4487) to leave a message, please include your email address. Or call the Ballard Law office at 949–597-9596 during Pacific business hours, or send an email to events(at)theresi.com (you need to turn this into an email address).









