Selling the place will be easy, since after all, you got it at a huge discount in the first place. In addition, you tack on a whole pile of whim-and-fancy clauses, such as “this deal is subject to the final inspection and approval of the buyer before closing.”ĭuring the time before closing, you find a buyer to assign your interest in the contract to. Your closing date is a couple of months hence. Then you offer ten bucks as a down payment to make the contract legal (”exchange of consideration”). In your offer, you write that the agreement is between the seller and you “or assigns”. The desperate owner would be happy to just get out of the property without ruining his credit, so he takes your offer happily. He claimed to never offer more than 50% of market value, but said it would depend on whether it was a buyer’s or a seller’s market how much your discounted offer would be. So you would go out looking for distressed properties, (foreclosures and such) and offer to buy these houses at incredible discounts. Vu’s main strategy was to “control,” rather than own, real estate. The "Three Little Words" were - wait for it - " Don’t Give Up!" Profound!Īlso, Vu's sure-fire money making technique has surprising relevance in today's distressed real estate market! ― Daniel, Esq., Sunday, 19 July 2009 22:17 (fourteen years ago) link It's a get-rich-quick plan.' Well, tell them, it is aĪre you man enough to get off your lazy American ass and go to Vu’s seminars? Isn't itĪ lot of your friends will tell you, 'Don't come to the seminar. You've seen my students who are average people make a lot of money. This is not a country club! This is my house! Today I'm gonna show you how to drive a sports car. Which one are you doing now?ĭo you think these girls like me? NO, they like my money!ĭon't listen to your friends. There's two kinds of work in America: hard work and smart work. This YouTube clips doesn't have all of Tom Vu's most memorable quotes, but it does perfectly highlight his brilliance.Īt first I got lots of discouragement from friends and stranger who are loser! You know what these people kept telling
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