Imagine…

It’s seven o’clock monday morning.  You’re really not looking forward to another grueling week at a job you really don’t find passion for.  You sit at your desk, desperately seeking solitude, dreaming of a time when you can retire but it seems so far away.

It’s now 8:15 a.m., and you’re feeling unstoppable and positively empowered because The Williams Group Services referred real estate agent has just informed you of homes that are on the market, way below appraised value, that you can easily qualify for.  You sit back and relax in your chair, knowing that your life is moving forward, finally, after so many years stuck in a dead end lifestyle with no place to turn.

The next moment you call your partner and tell them of the possibility of investing in real estate while the market is priced right.  Feeling high on your future, you set an appointment to view the properties you were told about.  Just as you expected, they fit nicely into your plans for the future.  The right size, right location, and they are even in an excellent school district.  Gone are the stress, fear and frustration that kept you chained to your desk unhappily for so many years – and in their place is a deep-seated confidence that you have finally found the right real estate investment specialist that understands your problems and knows how to locate homes that are below market value appraisals... homes that you will qualify for.  It’s never been this easy!

Then, toward the end of the day, you pick up the phone to setup your future plans of relocation and decorating the home of your dreams. Everything you ever wanted is about to come true as you will be moving into your new home within days.

You think to yourself, "If only everything in life could be as easy as this was… why, did I wait so long to invest in real estate."

Could this really happen to you?  Don’t be surprised if it does.

What Makes Real Estate So Special?

The Incredible story of Ben Weingart

Ben Weingart was born near Atlanta, Georgia, in 1887, and died in Los Angeles, California in 1980.  At age 18 he started work in Los Angeles as a delivery boy, and when he died at age 93 he left a real estate empire worth an estimated $100 million.  By 1974, he had been for some time the largest taxpayer on the rolls of the Los Angeles County Assessor.

As a teenager, Weingart worked in Detroit in the garment district pushing racks of clothes through the streets, and in St. Louis driving a laundry wagon. He became convinced that his fortune would be made out west, in Los Angeles.

In 1906, at age 18, Weingart arrived in Los Angeles penniless on a railroad boxcar. He got a job delivering laundry from a horse-drawn wagon with the Diamond Laundry Company. He lived frugally, saved much of his income and began to reinvest his money into the laundry company. In a few short years, he acquired ownership of the company.

The owner of the Winchester and other hotels, Mr. Orth was introduced and was so impressed with Weingart's efficiency that he asked Ben if he would manage some of his hotels. Weingart accepted the offer, and promptly changed the operating policies at all hotels under his charge. His salary was in the form of profit sharing. Nothing could make Ben work harder than profit. Efficiency tripled and profits increased sharply at Mr. Orth's hotels.

Weingart was never a seller. He was an accumulator. He would buy and hold property. His properties soon made him worth several million dollars.

How quickly are you going to call them to purchase real estate at 20%, 30% Even 40% below appraised value?

By the early 1930s the stock market had crashed and many people had experienced large losses. Ben lost nearly $20 million in the value of his investments, but he managed to hang onto some of his properties.

In the late 1940s Weingart bought 3,500 acres of land north of Long Beach. It was farmland formerly used to grow beans and sugar beets. He had a vision of grand development for the property.  Weingart also built homes in the San Fernando Valley, La Puente, Thousand Oaks, Oxnard, Ventura, Ca. and Las Vegas, Nv.

Weingart's largest single acquisition was Barrington Plaza, 722 units in three high-rise apartment buildings located on Wilshire Boulevard in West Los Angeles. The property had been taken back by the Federal government through default. The government held a $22 million loan against the property and did not want to take a loss, but they were ready to negotiate.

The government accepted his offer of $22 million with nothing down and a total moratorium on payments for two years. Then payments were to be "interest only" for 10 years, but the interest payments would be made only if there was sufficient net income. Any unpaid interest would be added to the principal balance.

Are you ready to purchase real estate at 20%, 30% Even 40% below appraised value?

As it turned out, Weingart's risk was minimal and his tax benefits were over $1,250,000 yearly. Real estate went into an inflationary period and Weingart ended up making a profit of over $10 million on a real estate acquisition which required no down payment.

In efforts to build you wealth, there is no better investment than real estate.  If you follow the lead of trailblazers as Mr. Ben Weingart, to buy and hold is the secret to infinite wealth.

After you read every word of this article, you will want to
contact us.

Could this really happen to you?  Don’t be surprised if it does.