About five years ago, we stumbled into a deal that involved a bankruptcy. Our first reaction was to turn and run in the other direction, but there was just too much potential profit, so we continued to stumble through the process until the deal closed. With $54,000 in net profit in our pockets, we were certainly motivated to learn more. We began educating ourselves about the bankruptcy process and the untapped opportunities available for real estate investors. What we discovered was absolutely jaw-dropping!
The results of our research prompted us to aggressively pursue a portion of the bankruptcy market. Now we’ve uncovered a valuable, secret source of leads to find deals that no other investors are going after. That venture quickly expanded into finding 1500 motivated sellers (and motivated lenders) here in Atlanta each and every month!
Within a matter of months, we realized we couldn't handle all the leads, so we started a subscription service to provide our Report to other investors. The names and addresses on our Report belong to homeowners who are losing their bankruptcy protection ... not filers, not those fulfilling their promises to the court, just "problem children" who are in the process of getting kicked out of their bankruptcy. As of this writing (January, 2008), we currently produce our Report in Atlanta, Chicago, Houston, Dallas/Fort Worth, Detroit, Denver and Memphis. Of course, we have plans to expand to other major markets, so please check our web site for the latest update www.PostBankruptcyReport.com.
As we developed our web site, more and more investors across the country became aware of what we do and our incredible success, so we were inundated with requests for our service in hometowns across the country! We quickly realized we could help more investors and more homeowners by teaching the investors the secrets we discovered to find these motivated sellers. As well, we knew from personal experience that we also needed to provide the necessary bankruptcy education and support to help each investor be successful. That realization resulted in an expansion of our “Turning Bankruptcies Into Gold Training System.” We added a 4-CD set called “Mining for Bankruptcy Leads” that made it possible for anyone anywhere in the country to use our system and be successful! We also added our Mentoring and Unlimited Email Hotline program to provide the coaching/training support that our students needed.
As you can see, there are four aspects to our business: |
