MOS - Ron LeGrand's
Multiple Offer Strategies
Bootcamp Evaluation
Seminar Title: MOS - Multiple Offer Strategies
Presenter: Ron LeGrand
5day - Las Vegas - June 2002
Seminar Evaluation and Rating: 5 out of 5
The Ron LeGrand
MOS (Multiple Offer Strategies)
Bootcamp was an invigorating and demanding experience. It was a 5-day intensive look into 7 ways to buy a house using Ron LeGrand's Multiple Offer Strategies and how as Ron puts it to 'become a transaction engineer'.
Attending Wholesale/Retail and the Pretty House Bootcamps were technically prerequisites to this seminar but it became pretty evident quickly that an number of attendees had not done so. In spite of the fact that I had already, it was a fast moving presentation - and the days were long.
Ron's MOS was highly developed by this time, although it was the 2nd to the last time he would ever personally teach it in the same format presented here.
The objectives of this MOS training were to learn how to:
pre screen prospects
answer objections
master the agreements
construct and present offers
create and implement exit strategies
reduce your risk
make you a transaction engineer
Ron spoke of the:
4 steps to learning
1)ignorance
2)awareness
3)application
4)automation by repetition
and the
4 profit centers
1)retailing
2)wholesaling
3)lease options/options
4) owner financing/assumptions (creative not qualifying financing)
It started with a fast paced recap of the the pre-requisite courses.
A good deal of emphasis was placed on running through the numbers on various deals (case studies) doing hands on exercises about how to structure offers based on the data or which exit strategy to plan on going into the deal.
There was a significant overall discussion about putting all the building blocks into place to develop a solid and viable real estate investing business including:
enitity structuring and asset protection - with a thorough presentation by Ron about his personal asset protection model and the whys and hows of entity structuring.
which documents to utilize, how to use them
Lou Brown who presented his tool kit for real estate entrepreneurs that he calls
the whole enchilada
- which is Lou's complete paperwork system including documentation for property management, trusts, renovations, buy sell and hold and lease options.
Ron made a whole series of live calls to sellers from Property Information Sheets provided by the attendees. Watching and listening to Ron in action on the phone with sellers (over the PA system) was a good learning experience and a joy to particpate with a master of his craft in action.
There were other presentations made including a live show with Marshall Silver one evening.
One highlight was a Las Vegas seller who actually came into the class the day after Ron contacted him on the phone and interacted with Ron on stage. He must have been surprised to see 400+ people there when he arrived. He was a good sport.
MOS was an amazing cross section of talent and experience. One young gal from Canada had started running a radio ad and had four hundred calls in 10 days, with no prior experience.
Other attendees owned multiple properties and a young couple up front from Arizona had piles of deals that they didn't know how to handle. Ron showed them quite a bit as a classroom experience.
There was a solid comraderie and good participation from the group. It was clear that the master loved teaching what he knew to his 'kids'.
This course was fast paced and intense with a number of evening events after 8 hours of day time instruction.
In retrospect, this was the seminar that really got me excited about the real estate business. I had hoped to attend the MOS every year thereafter because it became clear that experience would have enabled me to learn a great deal more than I did and it was the kind of seminar that stimulated your mind and imagination into action.
Unfortunately, it is no longer available in this format since the Ron LeGrand's separation from SDI. If it were, with Ron as the instructor, I would recommend it.
I am not 100% sure but I think this was the seminar that Ron enjoyed teaching the best.
I learned a great deal and highly motivated by my experience there.
copyright © 2002-2006
real-state-investing-tips.com
|
