Closing on your Commercial Property Purchase

The First 90 Days of Your Ownership

are Where you Make -or Break-

Your Return on Investment

Learn our 2 Complete Systems for a Smooth and Profitable Closing Day & Transition to Your Ownership

Getting a Property Under Contract and Completing Due Diligence and Financing are Never Enough to ensure you will Profit from this Purchase. AND these activities CAN take your Eye Off the Ball of what is going on at the level of the Property itself.

Our over $250,000,000 in Commercial Real Estate experience has painfully taught us there are three additional tasks you must execute on to get your Project off the Ground Profitably.

1) You Must keep the Seller Honest during the Contract Period.

There can be 90 - 120 days between the time you take the Property under Contract and the time you close on the Purchase. During this time many Sellers will "relax" their management of the Property - some will let its performance completely fall apart.

You MUST manage the Seller to make sure the Property you Close on is the same one you put under Contract.

2) You Must manage the Activities of Closing.

Just as in Due Diligence, there are A LOT of Moving Parts here.

The key is to have a SYSTEM for Closing. So ... we give you our 102 Item Closing Checklist and show you how to use your TEAM to get all the boxes checked. Remember that Commercial Real Estate is a TEAM sport. You simply cannot complete all these tasks yourself. Your Key Closing TEAM members are ...

Your Property Manager
Your Attorney
Your Mortgage Broker
Your Field Partner

We define their roles and give you the checklist to ease delegation of complete sections of the Closing Process to your TEAM.

3) You Must have a 90 Day Transition Plan.

We have seen many Investors crash the performance of a newly purchased Property by causing a mass exodus of existing Tenants. It is heartbreaking to Close on a Property with 92% Occupancy and see it fall to 70% in a matter of weeks.

AND this performance drop will often permanently destroy the Project's ability to hit the ROI numbers you projected to your Investors.

In every case ... this happens because the Investor did not have a Transition Plan. Know that the Tenant's are scared whenever a new Landlord/Owner takes over. They will move out UNLESS you give them multiple reasons not to do so.

That is the whole Purpose of the 90 Day Transition Plan ... to systematically persuade your Tenants that their life will be BETTER under your ownership. You stabilize Occupancy and then can "Dial In" your improvements and begin to charge those higher Rents.

"The TakeOver" System Contains ...

Our 142 Page Three Ring Binder with two complete trainings on Closing Your Purchase and the 90 Day Transition Plan

Two 1-Hour Audio Recordings with loads of additional training on the pitfalls to avoid and the ways to supercharge these two takeover steps

Our Data Disc containing electronic copies of our 102 Item Master Closing Checklist and our 87 Item 90 Day Transition Plan Checklist as well as sample letters to Tenants announcing your Purchase of the Property.

Sample documents for you to study including

A Due Diligence Report to Investors

A complete Asset Management Plan

A sample Settlement Statement explaining all the fine print

Letters to Tenants

A sample Project Performance Update to Investors

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RISK FREE - With our 30 Day "No-Questions-Asked" Money Back Guarantee

Here is a taste of what you will learn in "The TakeOver"

PART ONE:

Complete training on the 8 Steps of Closing on Your Purchase

1) Negotiate and sign the Property Management Contract

You have been working with your Property Manager throughout Due Diligence and the Finance Period. You share an intimate knowledge of this Property. It is time to put your working relationship into the formal Contract that will govern your relationship going forward.

We give you a list Property Management Contract Clauses to avoid and a set of clauses we recommend you put in every Contract. And we will show you why you have individual, property specific, Contracts even if you use a single management company for multiple Properties.

2) Maintain Property Performance

You must actively monitor the Seller's performance during the Contract Period to make sure the condition of the Property does not deteriorate in the 60 or more days between taking the Property under Contract and the Close. Without this active supervision of the Seller's Property Management activities … we guarantee the Property's performance will worsen in the months before the Close.

3) Property Prep For Closing

Your Property Manager must complete the tasks to smoothly transition the day-to-day activities of managing the Property to Their control at the Close. This is an extensive list of action steps that include setting up all reporting systems and hiring and training all on-site staff.

4) Equity Recruitment

You must complete the recruitment of Equity Investors into the Project. Their documents must be signed including Entity Documents and any additional documentation required by the Lender - and all the money needed for Closing must be in Escrow at the Close date.

5) Asset Management Plan

Complete the Business Plan for maximizing the Upside in this Property and get your Property Manager actively contributing and ready to go on day one of Your Ownership. Your Asset Management Plan exists on top of the routine activities of Property Management. These are the activities that maximize your ROI in this Property.

6) Final Approval Checklist

A final “Triple Check” of all assumptions and Entity structures. Our checklist is mandatory here.

7) Final Administrative Closing Activities

A checklist for the paperwork for Closing the Purchase to make sure all numbers are accurate and in line with your Contract. Again, a checklist is mandatory here.

We even give you a copy of an actual Commercial Settlement Statement with detailed explanation of EVERY Line Item and footnote.

8) Property Level Actions at Close of Escrow

The nuts and bolts of making sure nothing is left out at the actual Property site on Closing Day … like “who has all the keys?” This checklist makes sure you don't miss any of these steps on the Closing Day. Each is relatively simple and missing even one will be a Total Pain to You and your TEAM.

THE SYSTEM:

In addition to detailed training on all 8 points above ... We give you our 102 Item Master Closing Checklist to coordinate all these activities and give you the ability to Delegate to your TEAM to get the job done.

PART TWO:

Complete training on the 7 Goals of a Successful Transition

1) Maintain Current Occupancy

This is the #1 Goal of the 90 –Day Transition: Stabilize Occupancy! Do not allow the transition in ownership to cause Tenants to move out. Turnover costs are your biggest expense AND if the current Tenants are not reassured by your initial performance as the Owner/Manager team … they will move out… sometimes in shockingly large numbers. You must avoid this “Takeover Crater” of Occupancy.

2) Establish a sparkling reputation as the NEW MANAGEMENT Team

Get on it. Let your Tenants know right away - with your Words AND Actions - that you are going to take better care of them than the last Owner.

3) Complete the Setup/Transfer of Property Management Systems

Get your systems up and running and get the reports flowing your way.

4) Complete the hiring and training of all of your on-site staff

Screen, hire, train and monitor your new staff well.

5) Solidify your working relationship with your Property Manager

This relationship will make or break the Property's Performance. You will know if it is working - or not - long before the 90 days are up. Tweak if you can … AND find a new Property Manager IMMEDIATELY if the relationship is in trouble and your current manager is not responding adequately to your input.

6) Solidify your relationship with your Private Investors

Begin regular reporting to your Investors. AND we teach You the Two Steps needed to avoid an early Capital Call – even if the Property underperforms.

7) Lay the Foundation to carefully “Dial In” your Asset Management activities

This is a “Gradient” issue. Don't make too many changes too quickly … AND get started right away making the changes you need to achieve your ROI.

THE SYSTEM:

In addition to detailed training on all 7 points above ... We give you our 87 Item 90-Day Transition Checklist to coordinate all these activities and give you the ability to Delegate to your TEAM to get the job done.

"The TakeOver" System Contains ...

Our 142 Page Three Ring Binder with two complete trainings on Closing Your Purchase and the 90 Day Transition Plan

Two 1-Hour Audio Recordings with loads of additional training on the pitfalls to avoid and the ways to supercharge these two takeover steps

Our Data Disc containing electronic copies of our 102 Item Master Closing Checklist and our 87 Item 90 Day Transition Plan Checklist as well as sample letters to Tenants announcing your Purchase of the Property.

Sample documents for you to study including

A Due Diligence Report to Investors

A complete Asset Management Plan

A sample Settlement Statement explaining all the fine print

Letters to Tenants

A sample Project Performance Update to Investors

Trackable Priority Shipping - FREE

RISK FREE - With our 30 Day "No-Questions-Asked" Money Back Guarantee

We Know You'll Be More Than Satisfied! WE GUARANTEE IT!

There are plenty of so-called success experts around

with loads of ideas about making money. People in the business call them "gurus." Just as in any field, you can find lots of these self-proclaimed experts out there, but...

nobody else backs their advice with over $250,000,000 of Real experience!

Our Guarantee
We are so confident of the value of our trainings we offer you our Unconditional Guarantee! If you are not satisfied with any of our products in any way within 30 days of purchase… we will happily refund your money, no questions asked.

Our System Is As Risk-Free As It Can Possibly Be

This two part training will give you the Tools and Systems to avoid the TakeOver "Performance Crater" that we have seen happen to so many well-meaning Project Sponsors and Investors.

Shorten your Learning Curve and get Your Projects off to a Profitable start with our twin TakeOver Systems.

Your Investment... is only one payment of $497.00 that includes trackable Priority Shipping and Handling.

You may order here through our secure online ordering system

or call the office

9AM - 5PM, Monday through Friday, Central Time

at 1-800-928-6033.

Please allow 5 business days for delivery.

Here's to your Investing Success,

Monte Lee-Wen

CEO Investortours University

P.S. Remember this is over $250,000,000 of my experience in Closing On - and Taking Over - Properties in 6 different states. Without these two Systems for Closing and Transitioning Ownership you are likely to experience a dramatic deterioration in performance in your first weeks of ownership ... something I would not wish on anyone building a Commercial Real Estate Portfolio. Shorten your learning curve and get started today.

"The TakeOver" System Contains ...

Our 142 Page Three Ring Binder with two complete trainings on Closing Your Purchase and the 90 Day Transition Plan

Two 1-Hour Audio Recordings with loads of additional training on the pitfalls to avoid and the ways to supercharge these two takeover steps

Our Data Disc containing electronic copies of our 102 Item Master Closing Checklist and our 87 Item 90 Day Transition Plan Checklist as well as sample letters to Tenants announcing your Purchase of the Property.

Sample documents for you to study including

A Due Diligence Report to Investors

A complete Asset Management Plan

A sample Settlement Statement explaining all the fine print

Letters to Tenants

A sample Project Performance Update to Investors

Trackable Priority Shipping - FREE

RISK FREE - With our 30 Day "No-Questions-Asked" Money Back Guarantee