Have you heard the lie going around in real estate investing circles? It goes like this:

Excuse me, but that is such a pile of *#&*^!@.

When I started out in real estate investing, I heard that same line and actually believed it. Until I tried to manage multi-family properties.

I quickly discovered that whatever profit I thought I had "locked in" when I bought the deal had now evaporated, as I was stuck in big swamp of quicksand that was my property.

If you have not bought your first property, you're very lucky to be reading this letter. I will save you a lot of heartache and grief and put a big wad of money in your pocket that wouldn't be there if you stumbled upon this letter after you bought your first deal.

If you do own property, you're also lucky: I'll show you how to squeeze every last dollar of profit out of your deals. That can mean tens of thousands of more dollars in every deal you own, now and in the future.

My name is David Lindahl. I was dirt-poor 14 years ago. A weed-picker—literally—because I ran a landscape company. It was a one-man deal, consisting of me, my lawnmower, and a rusty truck. Like you, I wanted a better life and I was fortunate enough to be turned on to real estate investing.

It was hard at first. I had no money and no experience. I found ways to do my deals with no money down and I gained valuable experience along the way. They say "experience is the best teacher". Well, it can also be the cruelest teacher. Sometimes learning by experience is like a nun cracking a ruler across your knuckles. You realized that you did something wrong, but wouldn't it have been nice if she just nicely pointed out the mistake and asked you not to do it again!

When I first started investing, I didn't know anything about managing real estate. I just knew that I could buy a property and tenants would give me money to pay the mortgage every month. They would also give me money so I could pay maintenance men to do the repairs to the property. Tenants gave me so muchmoney, I would have extra at the end of each month. That's also known as cash flow, or "mailbox money."

Mailbox money is the best! It comes in month after month, year after year. But I soon discovered that it comes in only if your asset is managed properly.

For the first three years, I managed my properties myself. In that short time I had a created a portfolio of 27 small multi-family, single-family and commercial properties.

Back then, there was no one teaching effective management techniques. I read anything I could get my hands on. It seems like I tried everything, too, and ended up learning the hard way—through my mistakes. Some of my errors were pretty big, but fortunately not big enough to knock me out of the game.

About this time, something happened to me that would change my life. I became a contractor for Fannie Mae. In those years, Fannie Mae was doing tons of deals. I became so good that I had 8 rews working for me, and did over 350 deals.

The First Giant Profit Multiplier

What changed my life was the realization that I simply had to create systems, or my brain would explode! There were too many deals going on, too many subcontractors, loans, deadlines, problems,
and consequences if I failed.

My systems enabled me to become one of the prime,
favorite contractors for Fannie Mae in the entire
Northeast region.

Here's the great part: I figured out that if it worked for me
in the construction business, it would work in the investing business, too.

So when I had a hard time collecting rent, I created a system for tenants to mail their rent to me before the first of the month. It worked!

When I rented units to tenants who turned out later to be dirtbags, I created a system to X-ray the applications so I could catch new dirtbags trying to rent at my properties.

When a tenant damaged my property, I created a system to get them to pay for the damage immediately.

Within three years I had over $20,000 per month coming in as spendable profits just from my small 1- to 6-unit properties.

Here's the really juicy part of the story: Because these were systems written down on paper, I could hand them off to individual managers and management companies.

Yes, that meant I had to pay part of my profits to them. It also meant I kept the lion's share of the profits and regained a huge amount of free time! That's a trade I'd make any day.

The other benefit was I could now do more deals without having me as the limiting factor. So I did. My systems multiplied my profits like rabbits in springtime.

The Second Giant Profit Multiplier

Oh, by the way, I didn't have it easy. I wasn't buying in upscale cities and getting upscale tenants. Old Dave was buying in the blue collar, tough-as-nails city of Brockton, Massachusetts. And I was buying in the midst of a recession, when everyone (including my family) told me I was crazy.

Fortunately for me, I didn't listen to them. Soon I had made a lot of money as the market cycle trended up, but that caused another problem:

I realized we were getting near the peak of the market. If I didn't move my equity out of Brockton, I was going to lose it. By this time, I had millions in equity and I did not want to lose it!

I scoured the U.S. looking for another market that was just like the one I made a bunch of money in—a city in hard times but positioned to rebound. I found that market: Montgomery, Alabama.

There was just one tiny little problem: I used to be able to drive to my properties in 10 minutes, maybe 20 tops. If you check Google Maps, you'll see that Montgomery Alabama is 1,267 miles away, or a mere 20 hours and 16 minutes by car!

I had to learn how to manage from a distance. This posed new problems for me and with the new problems, I created new systems.

I now had to "take over" a property on the closing date without being present. I didn't want to take another trip far away from home, so I created a take-over system. It gave me confidence to know that all the steps needed for a smooth takeover got done—like turning on utilities, notifying the tenants of the new ownership, meeting with the staff, and so on.

I had to make sure that all of my money was being deposited properly, so I created a system. I needed confidence that deferred maintenance was being done, so that called for another system.

I certainly needed tenants to be kept happy, rent to be collected, and many other activities done correctly and on time. I created system after system. The result: I knew everything I needed to know about my properties just by reviewing a few critical reports.

By now you probably have guessed what the Second Giant Profit Multiplier is: the ability to manage properties with confidence from a distance.

Talk about freedom! Not only did I have the First Great Profit Multiplier working for me (having others manage my properties), but now the entire United States was my profit playground!

Today, due to these systems, I control over 7,000 units spread across America. I continue to grow my cash flow on a monthly basis—yes, even in this nasty recession.

This is how real estate billionaires like Donald Trump manage their properties. Speaking of Donald Trump, he thought so highly of my real estate investing and management style that he asked me to write a book for his Trump University series. Not just any book, but his signature book: Trump University: How to Invest in Commercial Property 101. He could have picked any real estate guru in America to write that book, but he picked me.

Yes, I hope you buy the book, but no, it doesn't contain my systems!

Only One Place To Find All My Systems

There's only one place for you to get all my systems for managing properties nearby and from a distance: It's at my 3-day Managing For Millions event in Huntsville, AL on August 27-29.

We will review all the systems I have created and refined over the years to manage properties as small as one unit and as large as several hundred units.

At this event you will discover:

How To Boost Your Cash Flow,
Month After Month

• How to get your tenants to send you their rent checks in the mail before the start of the month.
• How to get your tenants to stop calling for frivolous maintenance requests.
• How it's easy to get your tenants to pay for any repairs done to their unit immediately upon the completion of the repairs.
• How to raise rents and have your tenants happily pay the increase.
• How to keep your properties full at all times so you can put more money into your pocket.

Secrets to Keeping the Good Tenants and
Quickly Getting Rid of the Rest

• When to start the lease renewal process (hint: It's much earlier than you think) and how to ethically bribe your good tenants to stay another year.
• The most effective tenant-retention system you can have. Once you put this in place, your tenants will be happy and will renew their lease year after year. That means lower turnover costs for you and more cash in your bank account.
• My special, "Dirtbag Beware" screening process that will ensure you always get good, rent-paying, law-abiding tenants to live in your units
• The fastest way to get rid of a drug-dealing tenant. It works so well, you'll hear his tires screech as he rounds the corner, high-tailing it to your competition.
• Easy ways to create a "community" within your property so tenants don't want to live anywhere else.
• The most inexpensive yet effective marketing campaign that draws tenants to your property like bees to honey
• My 6 Rules of Tenancy: If a tenant violates just one of these rules, he or she must go!

Exactly How To Screen and Work With Managers

• The 27 questions you absolutely must ask a management company before you should even consider them to manage your property. If they get even one of these questions wrong, they must be eliminated. This list alone is worth your investment to attend.
• Why you need to get referrals from any potential management company…and what 4 questions you must ask to get the real truth about that company.
• What ongoing training your manager must be getting. If they aren't, they are falling behind the times and you're missing out on cash flow.
• How to hire the right maintenance people to keep your property looking good at all times, so you can attract more tenants and get top dollar on the resale.
• The Golden Rule of Asset Management. Violate this rule and kiss your cash flow good bye.
• How to know when you're under-staffed, over-staffed, or just right. My rules of thumb will save you tens of thousands of dollars by having a lean-but efficient staff at your properties.

The Reports You Really Need

• The absolutely crucial type of report that will keep you management company on its toes.
• The one special report you must get each week that relates to occupancy. The way it's organized will allow you to make adjustments before you see any problems in your bank account.
• The four essential reports you must get at the end of every month to ensure your property is purring like a kitten.
• The three written reports a prospective management company should happily give to you to prove they know what they are doing. Not producing these reports (or giving you low-quality reports) is a big red flag.
• How to read a profit-and-loss statement quickly and easily so you can see all of your cash flow immediately. You will also be able to see if it's not there and what needs to be corrected to get it there.

How To Protect Yourself

• Why you (or your manager) should never accept a personal check for first, last, and security deposit—and why you must never accept cash.
• The 3 lease clauses you absolutely must have in your tenant lease, or else you are setting yourself up for failure.
• How to get repairs done promptly at your property, and the 4 bad things that happen if you don't.
• The three things you must do before a tenant moves into one of your units. Miss just one of these and you're handing your tenant a big payday down the road. (Guess who's going to pay the tenant.)
• The 9 ways you can legally discriminate. I'll share with you my favorite way to keep bad tenants out of my apartments, even if they qualify by every other standard. And it's completely legal.
• The fool-proof way to tell if your management company is pocketing your cash.
• What you need to know about your local security deposit laws and how to avoid costly lawsuits.
• How to find out if your management company has been sued by other owners within the last five years.
• How to avoid a discrimination lawsuit—and a minimum of a $10,000 fine.
• The 7 most common management scams and how to avoid them.

These are all the tips and tricks that I have learned from 14 years of working with managers and management companies to put more cash in my pocket and sell properties for their highest values.

If you thought that was all you got over the three days, you'd be wrong. You will also get my complete, top-to-bottom system of reports and checklists, including:

Before you think all these reports sound like work—they're not. That's the work your property manager will do for you. In the meantime, you'll be enjoying the fruits of your investing success, and simply overseeing the manager who's doing the heavy lifting.

Yes, You Can Figure It Out Yourself…

…But why would you want to? Are you one of those "gluttons for punishment"? Hey, if you need to feel lots of pain in order to feel you've "earned" your money, then I guess you should succeed or fail by trial-and-error. But if you want to take the shortcut to becoming the richest investor you can become—in the least amount of time—then use my systems for management success.

What would it be worth to you to attend this event? I'm certain that I've spent or not made hundreds of thousands of dollars in mistakes while I was in the process of creating all of these reports, systems and checklists.

What if you saved $10,000 and made an extra $10,000 per deal because of what was given to you at this event? That would be a net of $20,000. Let's face it: Twenty grand is chump change in the world of real estate investing. What would you be willing to pay to get a $20,000 return? Then remember that with my systems, what's stopping you from doing deal after deal? What if you did another 20 deals during your real estate investing life?

That could be a net profit in your bank account of $200,000, not to mention the peace of mind you'll have as your properties practically run themselves.

How much would you be willing to invest to get just a $20,000 return? Well, if you invested $10,000, you'd have a two-to-one return on your very first deal. What if you invested a full $20,000, knowing you may only be getting your money back on very first deal? Even that would be a good deal, considering how you would have these profitable systems for the rest of your real estate investing career.

I was in your position at one time, so I would not whack you $20,000 for my systems. Your investment is not $15,000 or even $10,000….It's only $2,995 to attend my first-ever Complete Managing For Millions event. That could mean potentially a $16,000 profit on your very first deal.

Have you ever spent $2,995 and got nothing to show for it? Many vacations go for $2,995 and higher, and you might have had lousy weather and stomach troubles the whole time. Even if you had great memories, they often are followed by more stress from the piled-up work when you return.

On the other hand, imagine the vacations you're going to take, knowing you are getting a steady flow of mailbox money coming into your home month after month. You'll be able to afford truly relaxing vacations without the dreaded return to a mountain of work. Money will not be an obstacle.

The same money could be invested the Managing For Millions event, and the profits you soon make can be used to buy more and even bigger toys!

Registration is Easy, Assuming Seats Are Still Available

Any time I offer an event for the very first time, I always have a bunch of people quickly reserve their seats. They know it's not a "cost", but instead it's an investment that keeps paying them back, deal after deal. So these highly successful people grab the first seats.

Given that I have over 20,000 students who've attended my prior events, that means this new one may be filled in a jiffy. In fact, don't be too surprised if you hear that there's a waiting list when you call. It might not be the case, but it's happened plenty of times before.

Simply call 866-396-1720 to reserve your seat for this Huntsville event on August 27th. You can bring a guest for free. And because this event relates to running your business, it's most likely tax deductible for you.

There Are Three Kinds Of People:

1. Those who make things happen,
2. Those who watch things happen, and
3. Those who wonder what happened.

Which kind of person are you? If you are an action-oriented person, then my hat's off to you. You're on your way to the Success Club. In that case, it's only a question of whether you want to enjoy your success sooner, or later.

If you want to get there through lots of experimentation, time, and money, I'm confident you will eventually get there—if you stick to it and don't get discouraged.

On the other hand, if you want to be welcomed into the Success Club as soon as humanly possible, then I suggest you piggy-back on someone else's tested-and-proven systems. Like the ones I'll be unveiling at the Managing for Millions event.

The choice is yours.

I hope to shake your hand on August 27th, and show you how to systemize your management so you can quickly and easily hand it off to someone else. You will sleep like a baby, knowing that your rent is being collected, the mortgage is current, and maximum cash flow is flowing into your bank account.

See you in August!

Dave Lindahl

P.S. Please call 866-396-1720 to reserve your seat while they may still be available.