how we down load spred sheet
The HUD Spreadsheet is downloaded at http://www.HUDHomeStore.com
This is a great training program. However, I was not able to download the spreadsheet.
You don’t have to download the spreasheet. It’s the orange button
inside the members area. There is a video on how to do that in
Module #1 too
That’s what I used and uploaded the saved spreadsheet in excel from the hud home store. Thanks for your reply.
Thanks, now after uploading the Excel spreadsheet I get the following messages.
Warning: DOMDocument::loadHTML() [domdocument.loadhtml]: Invalid char in CDATA 0×3 in Entity, line: 1 in /home/hbackers/wholesalingmastery.com/public_html/members/spreadsheet/index.php on line 56
Warning: DOMDocument::loadHTML() [domdocument.loadhtml]: Invalid char in CDATA 0×4 in Entity, line: 1 in /home/hbackers/wholesalingmastery.com/public_html/members/spreadsheet/index.php on line 56
Warning: DOMDocument::loadHTML() [domdocument.loadhtml]: Invalid char in CDATA 0×14 in Entity, line: 1 in /home/hbackers/wholesalingmastery.com/public_html/members/spreadsheet/index.php on line 56
Warning: Cannot modify header information – headers already sent by (output started at /home/hbackers/wholesalingmastery.com/public_html/members/spreadsheet/index.php:56) in /home/hbackers/wholesalingmastery.com/public_html/members/spreadsheet/index.php on line 242
Warning: Cannot modify header information – headers already sent by (output started at /home/hbackers/wholesalingmastery.com/public_html/members/spreadsheet/index.php:56) in /home/hbackers/wholesalingmastery.com/public_html/members/spreadsheet/index.php on line 243
Warning: Cannot modify header information – headers already sent by (output started at /home/hbackers/wholesalingmastery.com/public_html/members/spreadsheet/index.php:56) in /home/hbackers/wholesalingmastery.com/public_html/members/spreadsheet/index.php on line 244
What should I do?
Yes, the same thing happened to me. Just a bunch of error code and then symbols…?
You’re getting that error message on the spreadsheet because you’re opening up the spreadsheet from HUD when you download it from hudhomestore.com It breaks the code in our system when you open it right after you download it. Just save it to your downloads (Never open it) and import it into our members area and you’ll be golden.
did u say u had to be a rael estate agent with a lic.
A Realtor has to bid but they are very easy to find. Remember you’re looking
for a lazy one. Complete opposite of what you would think
It is amazing that you have given such specific information. It seems to me every time I have worked with some other programs they always leave out some of the needed info.
Fantastic …this does what noe else does. Covers all of the nitty-gritty necessary for success.
When purchased in personal name, and accepted by HUD. When you close do you sign personal name as agent for your company? or How do you get it into company name…….do close with personal name, then transfer to company?
No you sign your personal name. Remember most of our deals are done
back to back and there is no time to transfer to company name.
If we own it for a period of time (Which very rarely happens.. Yes we
will do a quit claim deed to company name)
Base on The counter from HUD at 57k is the accepted price or recounter at 61k.
No clue you have to put it in as a counter offer to in the spreadsheet
You said you don’t pay more than 65% of HUD list price, do you mean you don’t bid more than 65% but still consider it if HUD counter at or below 80% – correct?
This is the BOMB !!!!! Your method to the madness is right on!
What % do you bid if your property is uninsured but it’s 4 bedroom
Same %. I don’t care if it’s uninsured or insured
The Net to seller is Your bid – Closing – Realtor Costs? Is the Realtor Commissions determined by HUD? Or is that something you have to enter and negotiate?
It’s pretty much determined by HUD and is either 3% or $1250 on smaller homes. You can change you commission and raise it when you do you bid BUT at the same time it raises the net too
If you get a counter offer that is too high should you ignore it and keep bidding on it every day to see if Hud will lower the price?
Yep. If you are in higher priced states I would do my due diligence on them
though. Anything they counter on below 91% I would look at to buy in those
I noticed that when I look at the bid results on the site most of the O/O properties in CA are being sold to Investors/Companies… How are they able to do that?
It might not be investor buying it. It might actually be homeowners
putting it in their company name. However if you catch someone doing that
I would totally turn them in because you cant do that
What an awsome content
This is awesomely profitable information.
is it real
Bigfoot? Yes this is all real. Bigfoot not sure about though.lol
What are the percentages I should be using to bid on homes in California?
In Cali and the higher priced area’s you can bid honestly as high as 91% and still
make great money on deals. The discounts will be bigger. Also in the higher priced
markets you will not be able to do 14 properties a month like I do in Ohio, however
1 of your deals will probably equal out to 5 deals in my area. I’m jealous
Do we download only “extended” properties from HUD’s spreadsheet to ours?
Correct.. All the Investor Properties
why are some (many) of the purchase prices listed at $1? Is this for real?
It’s for non profits or Government entities. It doesn’t apply
to us Real Estate Investors
cannot get the spraed sheet excel file browse
My question is if I use your VA do I need to use a realator still
Hi john you are awesome this will change my life.I am so excited I have purchased over ten thousand in real estate courses and your is by far the best I am very greatfull you are the man thanks as allways be well.
incredible information and lots of it very hard to remember every detail but I intend to learn it and apply it I will ask lots of questions its a hell of a system thanks John
why wouldn’t you just accept their counter offer???
Because you have to give the net to HUD
You rock. This is the best real estate training I had yet.
I am very excited i aready hve a buyer but no house can you help wakme through m first deal buying and contracting my buyer
This is an awesome training! I know you bid on every house every day, but do you bid on the same home as you did the day before at the same amount you have on the spreadsheet or do you wait for them to contact you for a counter or as the keep you as backup offer person?
fabulous training! thanks
John. What is your email address. I don’t know how to communicate with you if I have a question. Also, where can I find the google group
You can email any questions to Support@thekingofsystems.com As far as the google group unfortunately, we had to close it.
The problem is EVERYONE gets every email in the google group. When people start replying to those emails and don’t know what
they’re talking about then a ton of confusion sets in. All the communication needs to come from the horses mouth.
When are we required to provide Proof of Funds?
When you get the property accepted and you are sending in your contract
OMG no wonder you don’t want us to do too much at one time. Information Overload. Good Info, just don’t know how to start. I do have a full time JOB which I intend to leave. soon…..
Appreciate your way of teaching (clarity) Still worried about scoring properties in southern California; I’m sure you’ll help me see clearer during my visit in Feb
Please refer to the other comments on the spreadsheet.
I downloaded the spreadsheet, and then copied and pasted like you showed us on the video and it does not give your purchase price. I am pasting into the original spread sheet I downloaded. E.g. deleting the data that was there, and then pasting the new data from a different hud data sheet. I don’t think the formulas are following from the original download.
You want to import your information into the membership site spreadsheet each time. It will not work if you just did it once and try to use that over and over
I would like to know since we are bidding on all props, do we have to submit the earnest money of $500 or $1000 for each one we bid on?
You do not have to submit your earnest money until you have the property accepted
I have a question on back to back closings:
1) are these legal in AZ, my realtor mentioned that there are deed restrictions and the waiting period before selling a HUD property is 90 days. Is this accurate?
Also; tried using the Support@thekingofsystems.com email noted above, but email server kept replying that email address was not valid.
That is the correct email address so it should work. There is also no deed restrictions on HUDs
John this information is all i’s dotted and t’s crossed
I love the way you train and the information provide
Thank you for your instruction. Things about the spread sheet is still a little difficult to comprehend but I will continue to work at it.
This great information…i can not wait to apply…
When you bid every property every day. Are you bidding even on the same properties you bid on yesterday again?
I enjoy, lead to I found exactly what I used to be taking a look for.
You’ve ended my four day long hunt! God Bless you man. Have a great day. Bye
is there a list of what to do when you talk about due dillegence ? sort of a checklist?
This is absolutely the best training I have ever seen, ANYWHERE!!! . John, do you make any considerations for properties that have been price reduced, or do you just stick to only going after properties that are less than 80% of the list price?? Case in point: I’m looking at a property that was originally listed @ $63k, but has gone through a few price reductions and is now listed at $38,900, should I just keep bidding until I get it at 37% (it’s a 2/1.5) of the $38,900?
hi john my spreadsheet does not high light green when under 80% please help
Download it again and see if that helps, sometimes the formulas get messed up.
I’m not a realtor, so will the (lazy) HUD approved realtor that I work with submit bids on all properties every day for me without feeling like it’s too much trouble? Also, do I have to tell them daily what I want to bid on each of them?
Great training, by the way!
Yes, they should submit the deals everyday. Each deal that closes with you they get paid on. You send them over the spreadsheet that you generated by using the Wholesaling Mastery system every morning and it’ll tell them what to bid on each property.