I recently completed the Regular Riches Home Study course which was created by Andy Heller and Scott Frank. Their books, Buy Low Rent Smart Sell High and Buy Even Lower have been recommended by highly regarded resources as Kiplinger’s, Fortune Magazine and Inman news.

The package I received arrived with an abundance of materials. The package included 3 binders full of information, accompanying audio CD’s for each section, a couple of role paying type bonus CD’s, a resource packet with form letters and a real estate terms glossary.

Andy Heller and Scott Frank show step by step in great detail how to build and buy properties the right post foreclosure properties through a variation on the lease/puchase method. The material is comprehensive and comes in 3 binders with accompanying CDs.

One of the greatest details is how they demonstrate the highest amount you should pay for the properties you invest in, what they call the “Ceiling Price.” This allows the investor to calculate what they can afford, based on specific steps in the buying process. I found this very useful.

Another constructive part of the Action Program is how to pick your lease/purchaser and establishment and managing the lease/purchaser relationship. The contracts and documents are included with the program so you do not have to re-invent the wheel.

There were also additional CDs with the package which included role playing different scenarios when negotiating with banks, real estate agents and lease/purchasers as well as a separate package about contracts and documentation.

There is only one small drawback to the Regular Riches Action Program…there is such an abundance of material it is a 2-3 month undertaking to complete. This program is for serious investors who want long term investment success.