Suggestions: finding your first investment/REHAB

2. Suggested conversation "Hello my name is ___________ I am looking to purchase a home in Henderson but I need to understand what the values are now a days. Could you send me a report of the Sales in Henderson. What I need is a list of homes that sold A. Within the past 6 months. B. Homes that sold for $65,000.00 to 150,000.00."

3. After you get that information THEN 'YOU WILL KNOW' "EXACTLY" what streets to ride up and down to look for vacant and distressed homes. Start by riding by the streets where the "sold" comp is and then ride down the streets on all four sides of that home..and then fan out up to 1/4 mile. Hopefully you will have at least 10 sales in that price range which will give you a large area to look.

3a. LOAD those addresses into Goggle Maps or MapQuest and PRINT A STREET MAP SPANDING OUT 15 MINS FROM THE COMPS. Take those miniature maps on your road trip.

4. GO TO HENDERSON "Buy a MAP"

5. Buy a NOTEBOOK and a pen which I am sure you have

6. RIDE the streets and WRITE DOWN addresses of ALL vacant and distressed homes you see within 1/4 miles of the SOLD homes.

The reason for this method is that realtors have not yet hyped up the sellers into thinking they can get high prices for those homes..prices sometimes that are way more in price than the homes are worth. You may be the first voice they have hear wanting to buy their home in the past couple years.

7. Go to the Tax Assessors office in Henderson to get the addresses of the owners of homes at the addresses you wrote down in (step 6)

8. Go to white pages on line and write down the phone numbers for the property owners of the vacant homes

9. Call the owners with the following suggested track "Hello my name is ______________ and I saw your home at ______________st. I was wondering if you were interested in selling that home"

Potential questions and answers

A. What in the world would you want that thing for?

"Well, I was looking to renovate it and provide a affordable home as long as I can afford it"

B. So how much you willing to pay me for it?

"Well I would like to see inside of the home first if possible"

b1. Well I ain't got time to go over there to let you in.

"Well do you mind if I enter the home as long as I secure it back when I leave"

The conversation may go in many directions here. The thing to always remember is that they generally KNOW how bad the home is but if their number is too high...just gently remind them that it is going to take you lots of money to bring the home back up to livable standard.

Remember: The goal is to make 150% cash on cash return on your money for each purchase/renovation and sale.

Example:

$20,000.00 Front End Purchase price Max after negotiating (goal is to be as low as 15,000)

$20,000.00 Cost for Materials and Labor (combined)

__________

$40,000.00 Total cost

$105,000.00 Sales Price (In most markets prices have risen tremendously....and this appears to be the lowest for quality rebuilt homes in many markets)

That still leaves $65,000.00 in gross profits from a home you should be able to purchase/renovate and sell within 4 months max.

Profits of $65,000.00 x 3cycles a year equals $195,000.00 in Gross Profit that you should be able to earn on your active investment of $40,000.00 after the return of your $40,000.00 principle back to yourself. If you pay attention, and execute.....on this continued 1st Amendment protected advice I will help YOU to change YOUR life for the better.

KEY COMPONENTS TO MAKING THIS HAPPEN:

1. ALWAYS have sold comparables BEFORE you purchase a home (at least 3 comparables...the target is 10)

2. Have the SUPPORT of 1st Tier construction family businesses that I have mentored who can keep your construction cost in line. It matter's not the market. They have learned how to open construction markets far beyond their current foot prints, Nationwide.

3. Be sure to have a complete assessment on the home before you purchase it, based on methods I have instructed under what I call TTM (Time Task Money) for each and every item in that home that needs to be repaired

4. Be sure to have open book review and payments with that construction company where you are the party making the payments for the materials and work. THERE IS NO SUCH THING AS BEING A "PASSIVE INVESTOR" with this process. YOU MUST be "ACTIVE" and control your money at each and every step. The construction company will be paid a fixed fee generally for $5,000.00 broken down on a prorate basis as the property is renovated based on a percentage of successful completion of the property.

Side note. The reason the construction company (family construction business) will open an office in your market is that your deal is simply seed money for them to mobilize and stabilize in yet another market where they will be able to build localized labor force and take on new construction sub contract work in the 6 important categories I have instructed the owners and their families to master. Those categories are

1. Footings

2. Foundations

3. Framing

4. Roofing

5. Drywall

6. Painting

All six of those categories are the most profitable for their family companies and they are the most needed for your renovations. It is a WIN WIN.

USE THIS PROCESS in ALL markets you are considering purchasing, renovating and selling a home..anywhere in America

Let me know immediately what response you receive. You can always let the seller know, you have to check back with them on that..whatever "that" is. Find out when is the best time to reach them. Let them know that you appreciate their time.

If you stay focused and follow basic steps daily I will help you to become a multimillionaire "ACTIVE" real estate investor. IF you do not listen to me and do not execute on basic steps, you may go BROKE. Of course we know the goal is to become a multimillionaire active real estate investor. So LET's DO THIS! My mind. Your ACTIONS!!!....more to follow

James T. Webb

Master Builder/Teacher

I have chosen these areas since they are typically the most profitable with the less amount of stress.

Area 2. Buying/Renovating/Selling Affordable Homes

1st Year TARGETED PROFITS IN CONSTRUCTION
$1,983,085.00
While it may be impossible at the moment for you to see specifically how your Family Construction Business will reach these 1st year goals; THAT is where setting aside at least (ONE HOUR) "each day" to study my lessons and to follow my
mentorship, as your ask questions & refine your skills, to eventually be able to EXCEED my successes as a builder and as an active real estate investor. I am excited and looking forward to the task of being here each step of the way for you.

(6 PAINTERS NEEDED)
2. Digging and Pouring FOOTINGS $357,000.00
(2 FOOTING excavators NEEDED)
3. Laying Block for FOUNDATIONS $478,972.00
(4 Masons/2Helpers NEEDED)
4. FRAMING homes $390,000.00
(6 FRAMERS NEEDED)
5. Installing Shingle ROOFS $223,520.00
(3 ROOFERS NEEDED)
6. Hanging and Finishing DRYWALL $350,000.00
(6 DRYWALL MECHANICS NEEDED)
_____________
ANNUAL MINIMUM 1ST YEAR GOAL $1,983,085.00AREA 2
1ST YEAR MINIMUM TARGETED PROFITS AS AN
"ACTIVE REAL ESTATE INVESTOR"
By the end of the third month of the construction company being in business, there should be $35,000.00 available to use to begin your "active real estate investor" career. During the
last 9 months of the full year you should be able to grow your active real estate investment of $35,000.00 to $206,500.00 by Buying/Renovating and Selling 7 affordable homes during that 9 month timeframe; with a turnkey basis of $35,000 and a sales price of $85,000.00 each. This eliminates the need for
any passive investment called OPM "other peoples money" and allows you to use YOM "Your Own Money". Your cost will be so
affordable because of the knowledge you will learn in hiring and mobilizing massive groups of 1st Tier construction workers who actually will be able to double their earnings working for your family construction company,- over their last years earnings.TARGED 1ST YEAR "COMBINED GROSS PROFITS"
AREA 1 $1,983,085.00
AREA 2 $206,500.00
____________________
TOTAL $2,189,595.00

would like to share. That way I will better understand more about you and know how to better help make daily suggestions for you to
run your construction company and to achieve your dreams.

-1980 Student Body President NBHS
-1980 National Gold Medalist (oratory/public speaking) NAACP
National ACT SO academic Olympics
-1981 Raised as a Prince Hall Mason Lodge 830 Wilmington NC
-1981 Freshman Class President North Carolina Central University.
-1981-82 NC state youth director of NC branches of the NAACP
-1982 Sophomore Class President NCCU
-1982 Member of Academic Appeals committee
-1983 Vice President of Student Government NCCU
-1983 President of Student Congress
-1983-84 NC director of the youth and collegiate division of the
Jesse Jackson for President campaign
-1984 NC President of NOBUCS (National Organization of Black
University and College Students)
-1984 Selected as Whos Who Among University and College Students
-1984 Student Body President NCCU
-1984 Organizer and keynote speaker at Black College Day Raleigh NC
-1984 Served as a member of the NCCU Board of Trustees
-1984 NC Director of Operation Push EXCEL (Chicago Ill)
-1984 Ordained as a minister Old East Original Free Will Baptist Conf.
-1984 Enrolled in NCCU School of Law
-1984 Withdrew from NCCU School of Law to follow my dream of becoming a builder and multi millionaire "Active Real Estate Investor"
-1985 became a District Agent with the Prudential Insurance Company
-1985 received both NC Blue Sky and Series 6 Securities licenses to sell Prudential Bache products within VAL Life products
-1985 Won regional sales award with Prudential
-1985 After purchasing, Renovating and refinancing properties I left Prudential to continue following my dream of construction and to
become an active real estate investor
-By 1987 I had PURCHASED, RENOVATED AND REFINANCED close to 100 residential affordable housing units,- single family homes, duplexes,
a four plex in Wilmington and Southport N.C. and a 17 unit apartment complex in Jacksonville N.C.
-1987 and 1988 Paid for and sponsored N.C. Black Legislative Caucus 1st
Annual weekend retreat to Wilmington N.C. where most all black N.C. Black Legislators, N.C. Supreme Court Justice, N.C. Attorney General
and dignitaries participated in the 2 day retreat and galas complete with-Catered City Hall banquets
-Paid for Tuxedos for formal dinners and dances
-Multi Tiered entertainment with two different bands
-Golf
-Entertainment
-Meetings with city leaders
-Barclays Bank sponsored reception to encourage redevelopment in poor
black communities
-Bus tour showing homes I had renovated and showing homes under
renovation while construction teams were working
-1990 Selected by unanimous vote to receive the Wilmington N.C. Nomination to run in the General Election for State House
-1990 After fighting off attacks on my business and personally I began to rebuild my career in construction and real estate starting over from -0-
-I began doing subcontract work in Footings, Framing and Roofing working local builders and with a world renown architect
The construction model I am suggesting today is based on "this" timeframe of my career for starters, but is based on so much more I have learned in the past 30 years. I believe the knowledge I have acquired in Construction and
real estate and the hard knocks along the way make me an EXPERT in these fields. During this timeframe I earned over $400,000.00 in profit in only 6 months. The highs you will EXCEED but the lows, I have experienced, are so you will NOT HAVE TOO.-1991 I "decided" to only build churches and Estate Homes
-1991-2001- I Built Churches and Estate Homes
-The Estate Home of Dr. James Pridgen (Oleander Dr. Wilmington NC)
-Warner Temple AME Zion Church (addition and renovation Wilmington NC) where they had a contract with a national church building company who could not perform because they had no local labor force. A large local sub contractor continued to delay construction for footings and concrete slab work. In one day upon finding out about these delays I was able to get a footing sub contractor to show up; saving the church thousands of dollars with the discount I saved through using a very qualified 1st Tier
construction group.
-White Rock Chancel Renovations (Durham N.C.): a very complex and indeterminate wood and steel beam renovations project which transformed the sanctuary to become what many say is the most beautiful chancel in America, complete with a one million dollar pipe organ system installed by the same Canadian company who installed the Queen of England's organ
in their new chapel.
-The Dickens Estate, for on one of the top 100 BET Most Successful Black
Business owners in (Bunn N.C.)
-St. Stephens AME Renovation (Wilmington NC)
-Mt. Zion AMEZ church (Addition and Renovation Wilson N.C.)
-Mt. Olive Missionary Baptist Church (Addition and Renovation Wilson N.C.)
-Brenda Smith Executive Golf Course home (Mebane N.C.)
-The Webb Estate (Durham County/Wake County N.C.)-126650 Boyce Mill Rd. Raleigh N.C. Executive Estate SPEC home. Sold for
$1,800,000.00 where I made $815,000.00
-In 2002 "I decided" to put all of my energy toward buying, renovating and renting what I envisioned would be tens of thousands of homes within our low income communities. Not much had changed over 27 years. There were still millions of blighted and vacant homes to purchase, renovate and that would provide quality affordable homes. I already had a small army of construction workers who were some of the best even though they still needed mentoring themselves; rents had gone way up and millions of people needed "quality affordable homes" By 2007 I had rebuilt hundreds of homes; I had done over $100,000,000.00 (One Hundred Million Dollars) of redevelopment work according to accounting presented by a government agent who had been hoodwinked by the same forces that had resisted the redevelopment of low income communities for over half a century. Almost before I could start my 2nd attempt in 2002 to rebuild our communities a Raleigh NC Bank (my bank at the time) joined in with a group of 47 banking risk management employees of other banks who in writing "decided" they would "close Webb down" even as they admitted that my redevelopment model was successful. That bank settled a million dollar suit by the Department of Justice in 2016 admitting they discriminated against blacks based on the fact that they were black, in their lending on real estate. This illegally grafted case against me was meant for evil but God has made it GOOD. While I hope to be home soon now, we cannot loose 1 day.

Master Builder/Mentor/Teacher

                            FOR YOU

AS AN ACTIVE CONSTRUCTION COMPANY OWNER

   AND AS AN "ACTIVE "REAL ESTATE INVESTOR

 MINIMUM TARGET TO HAVE AT LEAST $100,000.00

         IN YOUR CONSTRUCTION COMPANY'S

              BANK ACCOUNT IN 90 DAYS

                  Today is April 24, 2022

From April 24th to May 24th $43,800.00

From May 24th to June 24th $43,800.00

From June 24th to July 24th $43,800.00

                                          __________

                                        $131,400.00

                   90 DAY COUNTDOWN

"LET US MONITOR OUR PROGRESS DAILY 'TOGETHER'"

BY, May 7th it's ok to have ONLY 6 painters (making up

3 teams of 2 men each, painting 3 rent readies weekly)

(WHERE ARE YOU TODAY ON THIS?)

                         YOUR ROAD MAP

REMEMBER TTM (Task, Time and Money)

                     PAINTING RENT READIES

                                   TASK

Task: Contact realtors and owners needing help with

making their rental homes ready for rental. (PHONE

SALES TRACK WILL BE TO YOU SOON!)

BASIC OBSERVATION: Due to COVID, there are MILLIONS

of people who are unfortunately being evicted LEAVING

millions of the owners of properties clueless about "HOW"

to get their homes ready to rent again, with...............

what many feel is a lack of construction workers. Well by

now you know differently! There are millions of construction

craftsmen at the 1st Tier. Now this is where you come in!

MORE DETAILS TO FOLLOW. FOR NOW,..... "SIMPLY"

-POST ADS FOR WORKER

-PUT UP FLYERS FOR WORKERS IF YOU NEED TO

-BUILD YOUR LABORFORCE (MILLIONS NEED JOBS AND NEED

 YOUR HELP FINDING THEM WORK)

-SCREEN YOUR WORKERS DAILY. No appointments needed:

once you get their phone number and know what questions

to ask, JUST DO IT. It takes only 5 mins per call. If you only

have 1 prescreened quality worker who is a painter; that 1

ONE, ONE, ONE person is worth $600.00 dollars a week to you.

Follow my basic daily pointers. So if you have ONLY 6 painters,

those 6 hard working painters who NEED you to put them to

work, are worth $3,600.00 to you per week. Either THIS is TOO

SIMPLE, "NOT" to remain a PRIORITY in your daily schedules or

I am just plain stupid. Sorry. Ok moving forward.

                                         TIME

The time it takes for one rent ready, from start to finish if it

is only small drywall repairs, removing debris from home, and

painting 2 coats of flat latex paint on walls and semi gloss

paint on trim, is TWO DAYS for two men per home.

                                       MONEY

The Family Business Contract per job is typically from $800 to

$1,000 dollars LABOR ONLY. This is on the low end.

For EACH Rent Ready Rental your construction co. repairs

The two PAINTERS

will receive from 400 to 500 for their labor.

The FAMILY CONSTRUCTION BUSINESS

will receive profit from 400 to 500 from just 1 team

of 2 painters/3 times a week for 3 rent ready jobs.

For House 1 400 profit

For House 2 400 profit

For House 3 400 profit

__________________

One Week profit of 1,200 dollars on (2 men) painting THREE rentals

x 3 teams

_________

3,600 dollars weekly for putting 6 painters to WORK.

TARGETS FOR PAINTING (ONLY 6 MEN WORKING)(3 POINTS OF CONTACT)

By End of week on May 7th $3,600.00

By End of week on May 14th $3,600.00

By End of week on May 21st $3,600.00

By End of week on May 28th $3,600.00

                                  _____________

Total by End of May $14,400.00

TARGETS FOR DRYWALL (ONLY 7 DRYWALL WORKERS WORKING) (1POC)

One Drywall team of 7 workers with one person on the team prescreened

as the (POC) POINT OF CONTACT for the team (where all workers have

also been prescreened and selected to become a part of the first team)

                                TTM (TASK, TIME, MONEY)

                       DRYWALL INSTALLATION AND FINISHING

                                          TASK

-Posting; Screening drywall workers DAILY (ONE CALL TAKES 5 MINS)

ONE DRYWALL WORKER IS WORTH $3,000.00 TO YOU "WEEKLY". SOOOO

7 drywall workers are worth $21,000.00 to you for a full solid week of

work based on standard performance.

YES! THAT IS EXACTLY WHAT I JUST SAID "7 DRYWALL WORKERS ARE

WORTH $21,000.00 TO YOU WEEKLY". If what I am saying does not make

common sense to you then......................................................

SHOOT ME WITH A ROCKET! I REALLY NEED YOU TO LISTEN TO ME AND TO

TAKE THIS VERY SERIOUSLY. Ok thanks. See why below!

                                            TIME

In your questions for DRYWALL there is a question. How many boards can

you Install in ONE DAY with a helper. The #1 Ranked rockers can install

50 boards with a worker. You are very smart. This is basic math.

THIS SHOULD BE A ONE WEEK JOB

For 6 workers,- that means they can hang 150 boards in a day (together)

It should take them 2 days and 3 hours to install (hang) 350 boards

It should take the same team 2 days and 3 hours to finish mudding and

sanding the 350 wall boards.

                                          MONEY

The Week of May 21st everything should be in place to start your first

drywall job, if you have listened to and executed on what I have

suggested daily.

1 Drywall Job is typically 350 boards

x 60 dollars net profit (Family Business contract with Builder should be 80

dollars per board. 1st Tier labor should be 20 dollars a board with 60 dollars

per board in profit.) These numbers may vary up or down but this is typical.

Understand here before you feel sorry for the 1st tier workers...we are talking

about top quality craftsmen who at a maximum will want 25 dollars per hour

to hang and finish the drywall. Many will want less. But at the peak of our cost:

25.00 per hour (TOP EXPECTED RATE OF PAY per hour/CONVERTED TO FIXED FEE)

x 8 hrs a day

_________

200.00 dollars per man (per day based on BOARD COUNT NOT HOUR WAGE)

x 7 men

_________

1,400.00 per team of 7 men per day

x 5 days

_________

7,000.00

-First it is important to understand that construction workers EAT what they

KILL. THEY GET PAID SPECIFICALLY FOR THE NUMBER OF BOARDS THEY HANG

AND FINISH.

-The family business get's paid for the boards the team hangs and finishes SOOO

For Every 1 board hung and finished the company get's paid 80 dollars

For Every 1 board hung and finished the company pays 20 dollars

For Every 1 board hung and finished the company makes 60 dollars in profit in

most markets. Some markets which pay 70 dollars a board, labor is generally lower

as well. Commerical projects pay up to 150 DOLLARS A BOARD!!! And THAT is our

ultimate destination for our drywall teams.

Family Business Contract

For hanging and finishing 350 boards that week

x 60 dollars per board in profit = $21,000.00 for that WEEKS work by the

DRYWALL TEAM that "YOU" found by:

-POSTING ADS!!!

-SCREENING !!!

Drywall workers.

The LOWEST target is to do only 1 of these jobs per month. This of course would leave

the team unemployed for the reminding 3 weeks of the month. It would be good

to keep them busy. That is easier than you think. It will take work but, why should

you carve out 1 hour a day to find them 3 more jobs for an EXTRA 63,000 a month in

your pocket?

What would that be worth to you ...let's see 7 hrs a week x 4 weeks...28 hours in

a month..divided into sixty three thousand dollars...that would be $2,250.00 dollars

per hour.

                       HOW MUCH MONEY IS YOUR TIME WORTH?

This business can and will change your life forever. IF you nurture it and care for it

like you do your children or partner IT will take care of you like you never DREAMED!

IS YOUR TIME WORTH $2,250 PER HOUR?

So, when it 's time to:

-POST ADS

-SCREEN WORKERS

-FIND CONSTRUCTION JOBS GIVEN BY DESPIRATE BUILDERS WHO CANNOT FIND

 LABOR FORCE

JUST DO IT!

While other people will be looking at you wonding if you hit the LOTTO....you will

be able to just smile knowing that you did what I was also taught growing up. You

learned how to KISS to just KEEP IT SIMPLE STUPID. There is nothing complicated

about making lots of money. What is DIFFICULT IS TRYING TO LIVE WHILE "NOT"

MAKING or HAVING LOTS OF MONEY. Ok I am ending for today.

                                   TTM (TIME, TASK, MONEY)

                                              ROOFING

I am getting tired of typing and you are probably getting tired of reading...so I

think you get the picture by now...I will rap this up....

One Roofing team by the week of May 21st installing 30 squares of shingles x 70

dollars profit = 2,100 x 2 ...$4,200.00 x (2 weeks per month) = $8,400.00

Rent Readies 14,400 monthly

Drywall 21,000 monthly

Roofs 8,400 monthly

__________________________

Total Monthly 43,800 monthly

x 3 months

_________________________

$131,400.00 in the Construction Company's Bank Account by July 24, 2021 (MINIMUM)

WILL THIS BE YOU? Or will you read my daily suggestions as I talk about others who

did even greater things. There was a reason "they" said I did over one hundred

million dollars in construction and redevelopment volume in a little over 3 years; it

was not because I did not know what I was doing. The biggest fear of our competition

was that I would TEACH YOU AND OTHERS TO BECOME LARGER AND MORE SUCCESSFUL

THAN I. Opps TOO LATE. Master Builders HAVE BEEN and are BEING created ACROSS

THE NATION based on the knowledge I have aquired over 30 years; AND WE ARE JUST

GETTING STARTED!!!

And the Church said :"AMEN"

STAY STRONG and GOD BLESS YOU!!! HAPPY SUNDAY!!! Master Builder in Training!!!