Private Lending And SEC Rules: “Using Private Lenders is “THE” way to go when you need funding for your Real Estate Deals.”

Cleaning Help For Vacant Houses: “We are going to talk a little bit about the cleaning lady.”

Meeting With Your Contractor: “As the administrative assistant I handle setting up contractors meeting after a new property has been purchased by the acquisitions manager.”

Question Of The Month: “Did you need to make any SEC filings?”

Read this newsletter by clicking here!

Know The Downside Of Your Real Estate Funding: “If you go to a bank to fund your real estate deals, chances are they will want tons of paperwork, pay stubs, tax returns, etc.”

Incorporating The Business: “When I started out I was a DBA, or “Doing Business As.” I realized along the way I needed to incorporate my operation.”

Dazzling Your Curb Appeal With Landscaping: “When you’re looking at the front of the house, you’re always looking to impress people.”

Taking Care Of Utilities: “As soon as I have closed on a property, I call the utility companies because the contractors are going to need the utilities turned on.”

Alan Cowgill’s Question Of The Month: “Besides having the private lending luncheons how can I find private lenders because I’m not much of a public speaker?”

Read this newsletter by clicking here!

The Secret Method To Skyrocket Your Real Estate Investing: “When I started my Real Estate career, I heard about the necessity of finding private lenders.”

Gearing Up To Acquire Property: “I want to tell you about what happens when we are geared up to buy a property, and what takes place after that.”

Getting More For Your Money: “As the business started to grow and I accumulated all the rental properties, one of the things I could do with the passive income I had obtained was that I could change the dependents.”

Policies, Procedures And Systems: “Every good company needs to have a predetermined set of procedures and systems that are updated as required over time.”

Making It Official: Setting Up Your Office: “When you start a business, you will typically start with a home office, then slowly move to an office that is offsite and then upgrade to a home office.”

Alan Cowgill’s Question Of The Month: “What are the three best methods for someone with no private lenders lined up to acquire them and how would you go about each?”

Read the newsletter by clicking here!

Private Lenders: “I want to tell you about private lenders and how a company can manage private lenders with a special process.”

Accounting In The Office: “After you’ve been working your business for a while, you’ll need to start thinking about accounting software.”

Computers In The Office: “Even though computers can be expensive, they are an essential tool for running a real estate business.”

Handing Over The Keys: “After handing over the keys to the new owner, the next thing to do is to cancel the insurance.”

Read it all by clicking here!

http://www.PrivateLendingMadeEasy.com

In This Issue:

1. What’s happening!
2. Three Groups of Real Estate Investors
3. Important Tip
4. Links

===============================

1. What’s happening!

===============================
Huge volume of new products are being created for my you.
Here is a list of just a few…

1) The upgrade on ‘The Wealth Management System’. Actually it
was more like a total rewrite. I removed the 1st four
chapters and replaced the whole 3-ring manual with virtually
all new stuff. Removed 3 audios, 1 forms CD-Rom and a added
a ton of new forms and 5 new audios. It is dynamite. If you
own the old version, you can upgrade for the next 72 hours for
$99 by calling the office at 937-390-0816. If you don’t own the
original version and want to order it so you can manage your
private lender money with ease go to…
Wealth Management System

2) New frequently asked questions and the answers in a spiral
text book with 3 audios. I call it my ‘Learning Library’.
Just jam packed with answers on dealing with private lenders.

3) New ‘How I run my office’ home study system. 12 audios and
a couple of forms CD and 3 manuals. Includes how I buy, how I
sell, hiring and dealing with employees, collections and
paying bills, evictions and the all powerful Liaison position
I created to help get houses sold FAST. It’s not cheap but
it is a must for those of you that don’t want to reinvent
the wheel and run a great office and remove the normal
chaos inherent in most small businesses.

4) A new coaching program. Currently sold out. Call to
get on the waiting list.

5) How to successfully pool money home study system. Ya, I
know a lot of you would like this one:)

6) An SEC home study system. Gives you a hands on template
to walk you through filling out your disclosure statement.
And the SEC requirements IN DETAIL for your state is given
along with the forms you need to fill out to comply.
Powerful and there is nothing like this on the planet.

7) A monthly newsletter that is mailed to you house. It is
like getting a seminar every month for next to nothing.
Includes not only information on private lending but also on
buying and selling property, SEC highlights, pooling money
information and last but not least how I run and office.

8) Last and surely not least, I have four 1-day workshops
on critical SEC and pooling topics:
a) Instate lenders & property,
b) Across state lines
c) Private Placement Memorandum
d) Accredited investors and the 42 states that use them
The coolest part is you don’t need to come to all, you
just pick the day you want. So you don’t pay a big price
to go to a 4-day boot camp. You pay just for the day the
applies to your needs.

My goal is to have most of your paperwork completed at
the workshop!

1st and probably last workshops will be in November.

Well that is 8 of the nearly 20 products I’m working on.
More on the others in a future newsletter.

Getting geared up for our upcoming boot camp in October in
Baltimore. Check it out at…
Where To Get The Money Boot Camp

You fall into one of the three groups below so enjoy…

===============================

2. Three Groups of Real Estate Investors

===============================

When it comes to complying with the SEC regulations, I see
three groups of real estate investors…

Group #1: You don’t have any private lenders but are ready to
jump in the water and start bringing them on board.

STOP!!

Listen, this is the time you need to do the following:
1) Create your disclosure document to be handed out to lenders
2) You need to understand your states SEC compliance threshold
3) Find an SEC attorney and let him in on what you are doing.
4) Make a decision:
a) I am going to work with family, friends and associates and
stay under the state threshold so I don’t need to file.
b) I am going to advertise, pool and/or work with strangers
so I need to file with my states SEC office before I
approach my first private lender. So I have a registered
security.
c) I’m going to cross state lines and I’ll need to go for the
federal filing too.
d) I am in one of the 10 states that require me to notify the
state SEC office before I get my 1st private lender. So file
now.
5) Get your disclaimer statement completed too.

Group #2: You have a few private lenders but are under the
states threshold. You need to do all of the above plus
there is a form to look back and let the SEC office know what
you have been doing.

Group #3: You are over the threshold and have made a mess.
Hire an SEC Attorney and let them guide you through the
jungle. You won’t like it but I believe it is better to
put all your cards on the table face up and take your
spanking rather than wait and hope you don’t get in trouble.

The bottom-line…
Look, your dancing with a gorilla. Why take a chance. There
are rules on how to play the game. The SEC controls the rule
book and they are there to protect the consumer, not you.

The flat easiest way to be in compliance is to do it before
you secure your first private lender. So do yourself a favor
and start your business off on the right foot.

I find so many real estate investors are scared of the SEC.
If they would only follow the rules from day 1, it would
make life a lot easier and safer for all.

===============================

3. Important Tip

===============================

I have a bank of attorneys on my dream team. One for
evictions. Another for real estate closings. I have PrePaid
Legal for documents. AND I HAVE AN SEC ATTORNEY.

You should too.

===============================

5. Links

===============================

Just getting started with private investors? Check this…
The Basic System

Make money while you sleep, join our affiliate program…
Affiliate Program

Free Downloads…
Free Real Estate Downloads

===============================

Please forward this newsletter in its entirety to your real
estate friends today. We appreciate your help in making
Private Lending Made Easy grow!

Sincerely,
Alan Cowgill

E. Alan Cowgill is the President of Integrity Home Buyers, Inc.
He is a full-time real estate investor, investing in single
family and small multi-family properties in Springfield, Ohio.
Since 1995 Alan has bought and sold over 200 properties and
uses private lenders to fund his real estate deals.
Our Toll free number 866-831-3540.
http://www.privatelendingmadeeasy.com/products

Colby Properties LLC

PO Box 740
Urbana, OH
43078
US

http://www.PrivateLendingMadeEasy.com

In This Issue:

1. What’s happening!
2. The All Important Disclosure Statement
3. Important Tip
4. Links

===============================

1. What’s happening!

===============================

When I was getting my real estate education and started to
learn about using private lenders, ALL of my instructors left
out a HUGE piece of the equation. It was the part about being
in compliance with the SEC and their regulations.

I now see it as my charter to make sure folks are aware that
when they borrow money from private individuals, it is not the
wild west. There are rules that come into play. The rules
are there to protect the lender and the rules are good rules.

Look it’s just business.
Step 1 understand the boundaries.
Step 2 Fill out the required paperwork and get on with
business.

Rules such as…
1) A promissory note is a security.
2) If you want to advertise, or pool money you had better
have ‘registered’ with your states SEC.
3) Don’t pay commissions to find private lenders unless it
is to a licensed broker.
4) Don’t use the word ‘guarantee’ in your advertising.
5) Every lender should get your disclosure document.

Huh? What is a disclosure document?

I realized recently that there is a basic item that you need
when borrowing money from private lenders that some of my
you might overlook. It is a DISCLOSURE DOCUMENT and every
one of your lenders should get it.

This is such an important item I thought I would dedicate
this newsletter to covering as much as I can in a couple of
pages, so here we go…

===============================

2. The All Important Disclosure Statement

===============================

Whether you have no private lenders yet or a bunch of them,
you must have a disclosure document.

This is a no option item.

When you are looking to get a new private lender, the first
thing you hand them is a disclosure document.

You see all investments are risky. Therefore you have to tell
your private lenders that in your disclosure document.

If you are ever ask by the SEC to show them yours, you had
better be able to produce it and prove that every lender got
a copy of it.

If you don’t have one, then you need to start immediately on
creating one. Then I’d run it by a SEC attorney to see if
it is good enough. They are roughly 10 pages long for a basic
one.

When you are offering private lenders the opportunity to work
with you, you must be sure to disclose to them the risks and
rewards of the business. You should prepare a disclosure
document.

A disclosure document has legal consequences. If a private
lender is not given sufficient, material information and
suffers a loss, he may have a claim against you and your
business. The information you give private lenders must be
accurate and not misleading. The key test is if you have
given private lenders all “material” (significant)
information about your business at the time the investment
was made. It is therefore important to follow the SEC’s
disclosure regulations in your document.

What are these guidelines? In general, they are:

* The Business of the Company -This information generally
includes a description of your private lending business,
location of the company’s facilities, trends in the
industry, and the company’s marketing strategies.

An example would be..
“Integrity Home Buyers, Inc. is a real estate investment
company. We work with private lenders and put their funds to
use in residential property investments that are secured by
mortgages. These transactions are done in compliance with
relevant laws and regulations and in compliance with
appropriate securities registrations or exemptions in
every state in which we do business…”

* Risk Factors -These factors vary depending upon the
company and the nature of its business. They may include
cash flow difficulties, market competition, inexperience
of management, dependence upon an unproven product,
absence of operating history or profitable operations.

The real estate industry is particularly sensitive to
economic downturns. The value of securities of issuers in the
real estate industry can be affected by changes in real estate
values and rental income, property taxes, interest rates, and
tax and regulatory requirements.

* Use of Proceeds - The use of the funds to be received
from the offering should be set forth with a high degree
of specificity. Categories of expenditures may include
such items as leases, rent, utilities, payroll, and
purchase of equipment, payment of notes, advertising costs,
insurance, supplies, and payments to be made immediately
to officers.

* Key Personnel and Shareholders - Individuals who direct
the company’s operations or who make significant
contributions to the business of the company as employees,
independent contractors, consultants, or otherwise are
identified and important background information such as
education, age, and business experience of these persons
is disclosed. Principal shareholders of the company are
identified with a description of the number and percentage
of shares beneficially owned.

* Financial Statements - Financial information, such as
balance sheets and statements of income and cash flows
that accurately describes the financial condition of the
company, is typically provided. In some circumstances,
these financial statements must either be audited or
reviewed by a Certified Public Accountant.

Other key points…
This is where you should give people access to information
about your business. If you’re new to this business, give
people some projections of what you hope to do with the
business that is reasonable and conservative. It’s good
business to under-promise and over-deliver.

You should distinguish between facts and beliefs in your
disclosure. Restrained language should be used throughout the
text. At the practical level, many investors are accustomed
to reading carefully worded disclosures and they are suspicious
of broad, unqualified claims. An understated, factual
disclosure can deliver a powerful message to private lenders.

Avoid arcane jargon and technical terms. Provide definitions
for terms that might not be easily understood. Don’t make
private lenders learn a new language if they want to
understand your disclosure document.

What is required?

* A sound business plan
* A disclosure document disclosing the full facts of the
investment and business
* A SEC lawyer experienced in disclosures.

The bottom line… by giving your lender a disclosure document,
it shows the lender exactly what is going on with their loan.
You will have a meeting of the minds and everything is on
the table.

You will be a huge step forward by being professional and in
avoiding potential problems in the future.

Besides, it’s required in every state.

===============================

3. Important Tip

===============================

Always give a potential private lender your disclosure
document.

===============================

5. Links

===============================

SEC information…
http://www.privatelendingmadeeasy.com/sec.shtml

Make money while you sleep, join our affiliate program…
http://www.mcssl.com/SYS/netcart/affiliates/AffiliateSignUpForm.aspx?MerchantID=39311

Free Downloads…
http://www.privatelendingmadeeasy.com/free-downloads.shtml

Avoid the SEC filings by staying under your states threshold..
http://www.privatelendingmadeeasy.com/products/private-lending-made-easy-the-basic-system.shtml

===============================

Please forward this newsletter in its entirety to your real
estate friends today. We appreciate your help in making
Private Lending Made Easy grow!

Sincerely,
Alan Cowgill

E. Alan Cowgill is the President of Integrity Home Buyers, Inc.
He is a full-time real estate investor, investing in single
family and small multi-family properties in Springfield, Ohio.
Since 1995 Alan has bought and sold over 200 properties and
uses private lenders to fund his real estate deals.
Our Toll free number 866-831-3540.
http://www.privatelendingmadeeasy.com/products

http://www.PrivateLendingMadeEasy.com

In This Issue:

1. What’s happening!
2. Getting Out Of Trouble
3. Important Tip
4. Links

===========================================

1. What’s happening!

===========================================

Did a whirlwind tour of three cities in Canada in three days.
Vancouver, Calgary & Edmonton. It was great.
I met a bunch of wonderful people and I had my SEC
manual updated for Canada securities regulations.

June 23 Spoke at Richard Roop BC, Las Vegas, NV

Upcoming speaking events:
June 26 Strategic Alliance Group, Orlando, Fl.
July 13 Dave Lindahl’s BC, LA, California
July 20-22 Michigan REIA evening meeting and Sat. Workshop
July 27 Dave Lindahl’s BC, LA, California

Other news…
In my seven boot camps, my students have
raised over $81.1 million dollars in the first 24 hrs.

Just think of the pride, confidence and the wealth building
they have achieved after attending my boot camp. They not
only get great tools and techniques, they get immediate
results.

===========================================

2. Getting Out Of Trouble!

===========================================
This very possibly could be the most important newsletter I
have ever written for some of you.

What do you do when you have cash flow issues?

This can cripple your business whether your are an experienced
RE investor or if your a beginner.

In early 2002, I had hit the wall. A $10,000 a month negative
cash flow problem. I’d just quit my J.O.B. of 17-1/2 years so
I could achieve my dream of becoming a fulltime RE investor.

I thought I had this business all figured out. I’d attended
great live events and studied at the feet of the masters. I
didn’t forsee the downturn in the rental market in my city
and it reached up and bit me. I hadn’t done the job of finding
private lenders, so I couldn’t fund my business.

Ouch!!!

Fortunately, I had a 15 minute coaching phone call with Ron
LeGrand because I had signed up for a mentoring program with
him. That 15 minute call got me on the right path.

He even made me the feature article on a monthly newsletter he
published that month.

Some of actions he gave me were:
1) Get out 10 pointer sign for each empty house. Replace the
ones that come up missing each week. Get the empties filled.
2) Get a mortgage broker that will handle C&D credit and get
some of my lease option tenant/buyers cashed out.
3) Cut spending on buying houses and focus on selling.
He had more actions and I’ll share them in a future newsletter.

Let me list a few ways to get out of trouble or at least
generate some near term cash…

1) Refi!
Yep, if you’re paying a private lender 15% and you are holding
the property longer than planned, you need to make sure you
don’t get upside down on the property. Watch your profit
margin. If you need too, either bring in a private lender at
a lower rate or find a lending institution for 6% or 7% and
refi. Now, you’ll need to do the math and see where the
breakeven is:
a) Loan x 15%/12 = interest per month
b) Loan x 6%/12 = interest per month
c) A - B = $ saved per month
d) Closing cost $ / $ saved / mo = breakeven

So if the breakeven calculation comes out to 6 months then if
you are going to hold the property longer than 6 months, then
do the refi.

2) Find at least 3 mortgage brokers and let them compete for
your business.

3) If you have a bunch of equity in the property…
a) Sell at full price and if need be, carry back a 2nd.
mortgage and then sell the 2nd.
Hint: How to sell a 2nd? Run an ad in the local paper.
b) Wholesale to a RE investor
c) Cut price and look for a cash buyer

4) Look at your ‘model’. What I mean by that is to take
a hard unbiased look at the structure of your business. Is it
making you money? Do you know your real numbers?

Let me give you an example. When I got into the business, I was
using a buy & hold philosophy of low end properties. It
worked but I wanted to make more money and not wait years to
payoff the property to have a great cash flow.

So, I decided to buy, fix & sell the same houses with a lease
option exit strategy. I’d fix the property to sell and not to
rent so I had a larger lien on the property.

It didn’t work. The reason it didn’t work was because the
tenant/buyer had a ‘renters’ mentality on these low end
houses.

They would live in the property for a few months to a year and
then quit paying. I’d evict, put $3,000 back in the property
to get it up to speed and then do it all over again (and again
and again).

When I did the math, I realized that I wasn’t making the
profit I had expected. To top it off, when I did get one of
these closed, I’d end up carrying back a 2nd mortgage. Ouch!
That just added insult to injury.

Let me give you a model that might work for some of you..
1) Target a medium price range property or higher.
2) Purchase for all cash using private money. Let the
money accrue.
3) Fix and retail.
4) If not sold by 6th month, then refi at 6-7% interest
5) This frees up the private lenders money so you can use it
again.
6) Put a lease option tenant or land contract (contract for
deed) buyer in the property. This covers your monthly
expenses.

Look at all the upsides to this model. You buy a property for
all cash and have zero holding cost. You are trying to retail
and get quick cash. If it doesn’t sell you go for soft terms,
free up the private lender money so you can use it again and
get a cash flow property because you refi the property at a
low interest rate.

This cookie cutter approach will make you wealthy.

5) Tenant/buyers that have credit challenges…
a) If they need to open up a credit line to get financed,
I hand them the form when e do the lease/option or land
contract (contract for deed for some of you).
b) Put an escalation clause in the contract both on the
price of the property & in the monthly rent/mortgage.

Something I am currently testing…

I am purchasing credit repair packages and then offering them
to my tenant/buyers that have credit challenges. I’ll keep
you posted.

In closing, I realize some of the items above might not be
very popular with some of you but on the other hand, it might
be a life saver to others.

The key to all of this is to take action.

===========================================

3. Important Tip

===========================================

The foundation of a successful real estate business is a
solid education. Alan Cowgill

Our Toll free number 866-831-3540. Please put it in your cell.

===========================================

5. Links

===========================================

SEC information…
http://www.privatelendingmadeeasy.com/sec.shtml

Make money while you sleep, join our affiliate program…
http://www.mcssl.com/SYS/netcart/affiliates/AffiliateSignUpForm.aspx?MerchantID=39311

Free Downloads…
http://www.privatelendingmadeeasy.com/free-downloads.shtml

Cheapest way to get ALL my powerful home study systems for
only $167.53 per month. It’s dirt cheap…
http://www.privatelendingmadeeasy.com/products/private-lending-made-easy-package-f-mega-package.shtml

===========================================

Please forward this newsletter in its entirety to your real
estate friends today. We appreciate your help in making
Private Lending Made Easy grow!

Sincerely,
Alan Cowgill

E. Alan Cowgill is the President of Integrity Home Buyers, Inc.
He is a full-time real estate investor, investing in single
family and small multi-family properties in Springfield, Ohio.
Since 1995 Alan has bought and sold over 200 properties and
uses private lenders to fund his real estate deals.
http://www.privatelendingmadeeasy.com/products

2. A Dozen Presentation Tips

3. Important Tip

4. Links
=============================
1. What’s happening!
=============================
WOW…
Just got back from my 4-day ‘Where To Get The Money’ boot

camp in Las Vegas and it was awesome.
The folks raised $6,915,000 dollars in the first 24 hours…
A couple of major highlights at the event..

1) The pooling money presentation.

2) SEC session and why it is so critical to comply.

3) New offline newsletter enrollment offered.

4) My brand new ‘How I run my real estate office’ home study

system was presented.

5) I rolled out my new coaching program.

(It nearly sold it out. I have only two spots left if you are

ready, call the office today and ask for Jake).
A bonus item offered with the coaching program, it was

having your coach fly in and do your luncheon for you.
I even had Elvis show up for a 60 minute show during the pizza

dinner we had:) It was a blast!
Next BC is October 5-8 in Baltimore.

=============================
2. A Dozen Presentation Tips
=============================
When I thought about writing this newsletter article, I

thought it is so basic that no one would be interested but

then I thought about when I was getting started and realized

that even though it is old hat to me, it might be vital to

others…
So, here are 12 easy tips to consider when planning and making

your luncheon or dinner presentation.
1. The first step is, of course, to practice your material so

you know it thoroughly and can comfortably answer questions

from your guests.
2. Dress professionally. This is a business presentation, so

dress like a confident, successful businessperson at an

important meeting. Gain credibility by looking the part of

the successful businessperson that you are.
3. Arrive early. Arrive in enough time to inspect the room and

the equipment and make any necessary adjustments so that

when guests arrive you are ready for them. You will appear

very organized and professional. And they will feel welcome.
4. Lighting. If you are making the PowerPoint Presentation

included with PLME program, make the room just dark enough to

make the screen clear. You want to be able to have enough

light to make eye contact and interact with your guests. As

you speak, look directly from one person to another. Talk

to your audience, not the screen.
5. Name tags. Wear a name tag with your first name in bold

letters. Have your staff members wear name tags as well. As

your guests arrive, hand them a name tag and marker and ask

them to write their name and please wear the name tag. As

you talk with people, use their name to make them feel

welcome.
6. Talkers. You might have someone in the audience who seems to

have an uncontrollable need to make lots of comments, which

takes you off track from the presentation. If you have a

‘talker’ and the comments are relevant, allow them a few

minutes then get back on track. If the comments are

irrelevant, politely interrupt and ask if they could please

wait until after the presentation and you would be happy to

talk to them then. Stay friendly and stay in control. That

gabby individual may turn out to be one of your greatest

advertisers!
7. Special accommodations. Some people may need special

accommodations like needing to be close to the front to see

and hear better. Someone may need wheelchair accommodations.

Be sure you are ready to accommodate various situations.

Be sure to ask, ‘Can everyone see the screen?’ and ‘Can you

hear me clearly?’ Be aware of room arrangement and be

prepared to graciously assist with whatever they need. Be

nice to these folks. They are here to help you get rich!
8. Pointer. If you use a pointer, put it down after you have

used it. Nervous speakers tend to play with them absent

mindedly, which is distracting. Be careful of hand gestures

as well. Remember that finger-pointing at your guests can

feel like scolding and can send a negative message. Be in

control of your ‘body language’ to keep the atmosphere

positive and warm.
9. Personal space. Many people have a comfort zone around

themselves that they designate as public space or private

space. Be sure to not stand so close to someone that you are

in his or her private space. You’ll know if you are standing

too close by their reaction to you. Are they backing away?

Make them more comfortable by allowing them a bit more room.
10. Water. Place a glass of water and a napkin near the front

of the room so you can have a quick drink if needed. Place

it away from your slide presentation.
11. Relax. Nobody is perfect and your guests understand that. It

is more important that they see your sincerity. If there is

a question you can’t answer, tell them you will find out and

let them know. (Then be sure to follow up, of course!) If

something odd happens, be light-hearted and laugh with the

audience about it. Things happen!
Note: Needing to get back with them with the

information is a great way to schedule a follow-up

meeting. Love questions! That means they are interested

and they are really thinking about what you are saying!
12. Rehab. We know what this means, we work with real estate.

However, your guests might not have a clue. They may think

you have just gotten out of some kind of rehabilitation!

Don’t assume they understand terms like rehab, flip,

junker, etc.
Ok, that was 12 but how about a bonus tip? I’ve got another

good one.
- Be excited. Show how excited you are about your program by

being enthusiastic and doing whatever you can to make it a

great experience for everyone. Shake hands, smile, and

connect with all these kind people who have come to see you.
Now, go make lots of money!

=============================
3. Important Tip
=============================
Always understand the SEC compliance requirements in your

state.

=============================
4. Links
=============================

Free ebook downloads
My secret method on how to buy 5 houses per month
The fastest, easiest and safest way to get wads of cash
Make money while you sleep, join our affiliate program
=============================
Please forward this newsletter in its entirety to your real

estate friends. We appreciate your help in making Private

Lending Made Easy grow!
Sincerely,

Alan Cowgill
E. Alan Cowgill is the President of Integrity Home Buyers, Inc.

He is a full-time real estate investor, investing in single

family and small multi-family properties in Springfield, Ohio.

Since 1995 Alan has bought and sold over 200 properties and

uses private lenders to fund his real estate deals.

http://www.privatelendingmadeeasy.com

PRIVATE LENDING MADE EASY NEWSLETTER
Issue #26

http://www.privatelendingmadeeasy.com/products

In This Issue:

1. What’s Happening!
2. But What If I’m Already Pregnant?
3. Important Tip
4. Investor Success Story
5. Links

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What’s happening!

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I’ve been on a whirlwind speaking tour the last few weeks.

Places I’ve been in include, Washington DC, Dallas twice,
San Antonio, Tampa, Cocoa Beach, Orlando twice, Atlanta and
Phoenix.

I met a lot of great folks learning how to successfully
acquire private lenders. The need to find private lenders
the right way is very apparent.

New Products, features & cool stuff:
1) Free offline newsletter will be starting soon to all my
customers. So please watch for it in your mail box.

2) New home study system on how to borrow private money
from family friends and associates.
It is called.. The Basic System. To check it out, go to…
http://www.privatelendingmadeeasy.com/products/private-lending-made-easy-the-basic-system.shtml

Note:
This is different from The Advanced System (Private Lending
Made Easy) because The Advanced System borrows money from
strangers. The Advanced System includes the powerful 37
PowerPoint slides and advertising so it includes the SEC
Compliance package. Where as The Basic System is how most
folks get started by borrowing money from people they know.

Remember to stay in compliance at whatever level you’re
doing business. In 40 states, you won’t have any filing
to do if you stay under the threshold and in 10 states,
you’ll have a minimal filing. I explain it in the system.

To clear up any questions, I now have 3 home study systems:
a) The Basic System:
Borrow money from your circle of influence.
b) The Advanced System:
Borrow from strangers.
c) The Wealth Management System:
How to manage the money. This system is an important
companion system for either of the 1st. two home study systems.

3) New FAQ page to be added to the website.

4) The Wealth Management System. A tremendous upgrade to
the former Private Lending Made Easy II home study system.
This will be available in the next couple of weeks. There
will be a nominal fee for current Private Lending Made
Easy II owners to get the new system due to the huge time
and money involved in creating this system. This system
was like creating a whole new home study system. We
even decided to put a great new cover on the upgrade to
show how distinctly different it is from the original.

5) Powerful training DVD on how to put on a luncheon will
be available to all customers owning The Advanced System
at a reduced rate for a short period of time. This is a
big change because it was limited to only boot camp
attendees until now.

6) New Pooling Money home study system will be available
in the future.

7) New, higher level, SEC Compliance home study system
will be available in the future. This will have all the
SEC forms you need by your respective state.

8) New product called the ‘Learning Library’. I get a
ton of questions from students on private lenders. This
product is my way of getting these questions answered.
It is 3 audios and a manual chalked full of answers on
private lending.

9) New boot camp on pooling money.
Originally I was going to put together a 4-day event
covering all the options available on the SEC and pooling
money.

I got great feedback from my students at my Atlanta
boot camp, so I had to make some changes.

Folks don’t want to set through topics that might
not pertain to them. What my students wanted is more of a
hands on workshop on the topic that impacts them.

So I am working to create (4) 1-day events on the following:
Day 1 Private Placement Memorandum
(Pooling across state lines)
Day 2 Reg. D 504 (crossing state lines)
Day 3 In state filling & what to do if you already have PL.
Day 4 Accredited investors and the 42 states that use them.

That way someone can come to the one or two days that they
want and need and not go to any of the other days. These
will be hands on workshops with the goal to get the
paperwork filled out as much as possible for each student.

10) New home study system on how I run my real estate
business. Not available yet.

Other news…
Held my ‘Where to Get the Money’ boot camp in Atlanta, Ga. in
February. My students raised $7.4 Million in private money in
the 1st 24 hours of the boot camp. It was awesome seeing the
results. Overall, in my six boot camps, my students rose over
$74.4 million dollars in the first 24 hrs.

Just think of the pride, confidence and the wealth building
they have achieved after attending my boot camp. They not
only get great tools and techniques, they get immediate
results.

My next boot camp will be held in Las Vegas June 8-11.
We are already at 78 folks signed up and we max out at 150
due to room size. Call today and don’t miss the event.

Upcoming speaking events:
March 28 Telecom Call SEC/Pooling Money
April 1 Scott Scheel’s Commercial Boot Camp, Chicago, Ill
April 4 Telecom Call Answering your questions
April 11 Telecom Call Borrowing from people you know
May 3-4 Ted Thomas Mastermind Group, Cocoa Beach, Fl
May 4 Wendy Patten’s Troy, Michigan
(yep, I’m scheduled to be in two places at once)

Telecom call in number 507-726-3200
Pin # 55213

Free Downloads…
http://www.privatelendingmadeeasy.com/free-downloads.shtml

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2. But what if I’m already Pregnant?

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What if I’m already pregnant! What the heck does that mean?

Well, in creating the new SEC Compliance home study system,
I am including a section for Real Estate investors that
currently have private lenders and need to know how to
handle it.

So in the context of becoming in compliance with the SEC, I
kiddingly refer to this situation this way.

So, it means if you already have private lenders what steps
should you take to get in compliance with the SEC.

What do you do if you already have private lenders and
you’re over your states threshold, or you have advertised, or
you paid commissions, or you have private lenders in one state
and property in another. You now realize that it is important
to get in compliance.

You didn’t know that you needed to file paperwork with the SEC
when you started finding private lenders.

You just didn’t know the rules and you’re not alone.

Well here is how it works.

Rather than having one filing, you will have two.

One filing is to put together a package of everything you
have done in the past to find private lenders, with
attachments and to pay a fee.

The second filing is the one that you would normally file to
notify the SEC of your intent to advertise, pool money, etc.

It is a look forward.

The two filings, at least in Ohio are different forms.

You will need to attach the following to the appropriate
filing…

1) Your disclosure statement
2) Advertising you have used and advertising you plan on
using for the go forward package.
3) Promissory notes to your look back package.

Now let me give you a HUGE time saving HINT…

The disclosure statement is critical to the SEC. They will
make sure that everything that is important for the potential
lender to know about your business is included in this
document.

Therefore, you want to spend some time on the creation of
this document. You can find a template in the SEC Compliance
package.

A couple other points that I’ll include in future newsletters.

1) When you currently have private lenders, they should get a
copy of your disclosure statement, so you should see that
they get a copy.

I go so far as to have them sign for it and then keep it on
file to prove that they got a copy.

2) UCC1 needs to be filed. In many states you can do this
online.

Finally, what if you have out of state lenders and also
lenders in your state and you want to keep your exemption for
in state lenders. Well an idea is to create two entities.
One for all the property and lenders within your state, and
a separate entity for all out of state properties and/or
lenders. Might be better than having everything all rolled
into one big lump when it comes to filing. When you cross
state lines the federal SEC gets involved and you may need
to file with them. Just a thought.

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3. Important Tip

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The foundation for being successful in Real Estate is getting
a solid education.

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4. Investor Success

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Got $10,000 Within 24 Hours of Purchasing The Basic System!
‘This past Saturday I did get $10,000 from my mom. My husband
and I have spoken with a lot of people this week who are all very
interested in receiving more information. We had been planning
to try a luncheon in the next 6 to 8 weeks but we are now working
even harder to push that date to the next 3 weeks. We will meet
with two more people this week one on one.’
Theresa Ory
Dallas, Texas

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5. Links

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The Basic System (NEW)
http://www.privatelendingmadeeasy.com/products/private-lending-made-easy-the-basic-system.shtml

SEC information…
http://www.privatelendingmadeeasy.com/sec.shtml
Has disclosure statement defined

Make money while you sleep, join our affiliate program…
http://www.mcssl.com/SYS/netcart/affiliates/AffiliateSignUpForm.aspx?MerchantID=39311
Pays 20% on what others order through your website

Alan’s Secret Method to Buying 5 Houses per Month…
http://www.privatelendingmadeeasy.com/products/private-lending-made-easy-5-houses-a-month.shtml

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Please forward this newsletter in its entirety to your friends,
family and co-workers. We appreciate your help in making
Private Lending Made Easy grow!

Sincerely,
Alan Cowgill

E. Alan Cowgill is the President of Integrity Home Buyers, Inc.
He is a full-time real estate investor, investing in single
family and small multi-family properties in Springfield, Ohio.
Since 1995 Alan has bought and sold over 200 properties and
uses private lenders to fund his real estate deals.
http://www.privatelendingmadeeasy.com/products