Customer Reviews

The TurnKey Investor's "Subject To" Mortgage Success Secrets (The Audio Program): What the "Subject To" Mortgage Pros Know That Beginners Do Not!

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Matthew Chan's audio program, The TurnKey Investor's "Subject To" Mortgage Success Secrets is an informative CD on the success secrets every individual interested in "subject to" mortgages should know. I had already gone through the Handbook so I was familiar with what was covered on the CD and found it to be an excellent tool by which to review the material or to specifically consider the most important details to gain success.

Chan points out that subject to mortgages are a special niche rather than a mainstream topic in property management. In order to become successful, an individual needs to do and practice the activity. Hopefully, the Success Secrets will be both an aid to beginners and a review of experiences for professionals. I recommend that if you definitely want to enter into this technique, that you purchase the Handbook. The CD program is a good follow-up to keep material fresh. It could also be a good introduction as individuals actually consider whether they want to try this type of property acquisition.

To get started, Chan points out the benefits:
· Get property without qualifying for financing.
· Allows for very fast closings (within days if all things move right).
· No additional loan costs.
· No impact on borrowing power.
· No impact on property manager's credit report.
· Can be profitable even if property has little or no equity.
· Gives improved sales credit reports.
· Often saves banks and sellers from foreclosure.

Sharing their success secrets is not surprising. Anyone familiar with Chan's books will find that he willingly shares experience and knowledge in order to save others from "reinventing the wheel." This is a personal philosophy that I highly endorse; I commend Chan for his continued efforts in this regard. So now let's consider the "secrets."

A very important process is ensuring "Deal Flow." Chan's group does a lot of marketing. They advertise, "I buy houses." Striving to continuously get the word out and keep them visible, they advertise non-stop whether or not they are picking up this type of mortgage.

They work with "urgent" sellers. Yes, it is unconventional, not ideal, but when a seller is motivated, they are willing to consider this type of mortgage. If you find someone who will trust you, then they are prospective clients. Turnkey Investing works to ensure high credibility in their professional field!

Complete consideration and evaluation of the possible deal is necessary. Pointing out that there are lots of bad deals available, Chan ensures each important point is weighted:
· Can we meet payments for this property?
· Is there any equity?
· What is the potential for appreciation?
· How much repair/renovation would be needed?
· Why are you considering this property? (If it is just to "make the deal," don't do it!)

Due Diligence for "subject to" mortgages is specific to this technique. Highlighting each issue, Chan verifies that the property manager must be very clear about exactly what they are getting into!

Chan speaks out against "kitchen table closings," and instead insists that a formal closing with an attorney or title company leads to a satisfactorily successful closing.

It seems logical that individuals in this professional field would realize that financial backup is a necessity. However, success mandates a stronger statement. If you can't do it (borrow to ensure coverage of financial contingency issues), don't enter into the deal!

How many times have we seen small companies fail because of poor administrative or financial management? Chan points out that with "subject to" mortgages, this may be even more important because you are now acting on behalf of the seller who has entrusted you with their property.

Chan speaks frankly and openly about ethics as well as attention to managerial issues. Once again, his words are there, ready for you to use in developing a successful career. Experienced property managers--this is an excellent overview of success issues!!! Keep it in your car for easy listening as you travel through your day!

If you want to know a secret then this program is for you. I bought this program cause i have falling in love with matthews program. Matthew is able to take a subject and discuss it in a way that everyone can relate. THis program is very similar to his other programs, but it covers the investing technique called subject to. Matthew has done many of these deals and is willing to share some of these secerts. I mean for a couple bucks how can you go wrong. If i am being honest this cd has actually made me money from the information that is present in it. So if you are a person on the go, then these programs are great.

This is great info for the real investor. Matt has helped me with several deals and gives great information in these new books and cd's.

The Lease Options that he describes are so much better that regular renting and landlording procedures where you can get nickel and dimed to death. In this series, he really goes into detail (moreso in the book than the cd of course) about the differences, advantages, steps, etc.

Don't think of these as a regular addition to your investment education library but as a building block - something you must have / read / study to make your investments perform at their best.

This CD offers great info that only an expert could share. Matthew Chan has once again shared his "street smarts" about the secrets of using the "subject to" real estate investing method. Before you buy another property you or are interested in investing in real estate you should consider this CD an important part of your education. You get valuable information that can make a huge difference in your investment results! The CD is clear and easy to understand, even for the new investor. Consider the $10 bucks a real steal!

Another great production from Matthew Chan. Matthew share with listener the powerful technique of "Subject To" with the main stream audience. Normally the topic on "Subject To" only be taught to advanced real estate investor at multi-day workshop that can easily cost thousand of dollars. Or only discussed on tape set that can cost few hundred dollars..

Matthew bring the knowledge to the public at very reasonable price. If you are searching and want learn what advanced investors know already, yet not ready to spent hundred to thousand of dollars for the education, well, now you got an alternative, spent the $10 to learn from Matthew first and decide if you wish to spent more money for the next level of education.

Thanks to Matthew Chan and "The 'Subject To' Success Secrets," I now own two properties!

I was like many would-be real estate investors. I've read dozens of books and ordered several courses over the past ten years. I joined the Real Estate Investors Association and had attended workshop after workshop. I was "educated" . . . but I always felt unsure and afraid to actually put this knowledge into action.

And from a personal standpoint, (which is also typical of many beginning real estate investors), I didn't have enough cash to buy an investment property and my credit wasn't sufficient to get bank financing.

I figured that investing a few dollars for this audio program was a low-risk proposition. And WOW! After listening to "The 'Subject To' Success Secrets" I felt that I'd finally found the missing puzzle piece.

Matthew Chan speaks candidly about the often-discussed, but widely misunderstood strategy of "subject to" financing as a powerful and practical tool for acquiring real estate. He clearly lays out the key points and puts this form of seller financing into proper perspective.

I've read lots of other resources on this topic. But if you want to hear a concise, straight-forward and informative discussion about "subject to" financing, there is none better.

Yes, I now own two properties. Thank you Matthew Chan for such an easy-to-understand audio program that was exactly what I needed to get on the road to real estate investing success. This program helped me finally put years of learning into action using a strategy that works.

This concise introductory audio program provides the responsible property investor an overview of "subject to" mortgage transactions. If you've heard about "subject to" and wonder what it's about, and whether or not this type of transaction is right for you, then The Turnkey Investor's "Subject To" Mortgage Success Secrets by investment expert Matthew S. Chan is a must-hear!

The "subject to" technique is not for the beginning investor. It's for the responsible and more advanced investor who has plenty of past experience investing in properties and who has a very good sense of what's involved in buying, selling, and renting out properties. What "subject to" offers is an option for investors who want to build their property portfolio more quickly, and who are willing and able to work with what Chan calls "urgent sellers."

This audio program works well as an introduction to the subject or as a companion to the book, The Turnkey Investor's "Subject To" Mortgage Handbook, written by Chan. The audio program offers a clear overview along with expert personal insights. It's narrated by Chan, who candidly shares both the pitfalls and the benefits of buying property through a "subject to" clause.

According to Chan, when handled responsibly and intelligently a "subject to" mortgage is an effective way of buying properties, but it's not for everyone. He carefully spells out who you need to work with and what you need to do to make this transaction a success. Chockfull of examples taken from his own personal experience, the audio program provides enough information to help the seasoned investor decide whether or not this type of transaction is of interest.

And as a companion to the handbook, the audio program supplies valuable information that complements the book. Listening to the program is equivalent to sitting face to face with Chan, picking his mind to find out what worked for him and what lessons he learned from his own personal involvement with "subject to" mortgages.

If you are a responsible and experienced property investor who wants to learn more about the "subject to" investing option, start with The Turnkey Investor's "Subject To" Mortgage Success Secrets CD audio program. This comprehensive 45-minute program is short enough to listen to as many times as you need to absorb essential insider's information.

Once you're ready to learn more, move on to the companion handbook ... but refer back to the CD often. Chan's clear explanations and calm delivery are sure to keep you grounded, ultimately helping you decide whether or not "subject to" is right for you. Overall, this is a well-executed, highly informative introductory audio program.