Le Show; 1985-10-27

Transcript

Program were available at a record store that you just happened to, what was that? Own? I just happened to own. I just happened to own. Just happened to own that record store. Yeah. I don't know how that happens, but I just happened to own it. Things like that just happen. Isn't that amazing? It's incredible. Yeah. It's nutty, nutty life we live. So you had a great basketball game yesterday, huh? I did indeed, sir. It just happened, you know? Nothing. I'm on my way. Look at this. I'm on my way. You're not on your way to that record store you just happened to own. I'm on my way to play hoops. All right. Good luck to you. Thank you. It is 1001 at KCRW in Santa Monica, 89.9 FM. We just happened to be a community service of Santa Monica College. I'm Scott Simon. We recently took to the streets to ask people what's special about Saturday mornings. I don't have to go to work.

You're having three hours to fix breakfast. It's great. Not being on a time schedule. Saturday mornings. It depends on what we do on Friday night. You can say something interesting on NPR and Saturday mornings like that. She's right. Beginning Saturday. November 2nd is going to be something even more special about Saturday mornings, weekend edition from National Public Radio. Weekend edition begins Saturday, November 2nd at 8 a.m. on KCRW, 89.9 FM radio worth watching. It sounds great and daylight savings time. It sounds even better on standard time.

It's a time now to set your entire life back an hour. It's time for the show. It's time to set your entire life back an hour. It's time to set your entire life back an hour. It's time to set your entire life back an hour.

It's time to set your entire life back an hour. It's time to set your entire life back an hour. It's time to set your entire life back an hour. It's time to set your entire life back an hour.

It's time to set your entire life back an hour. It's time to set your entire life back an hour. It's time to set your entire life back an hour. It's time to set your entire life back an hour. It's time to set your entire life back an hour.

It's time to set your entire life back an hour. It's time to set your entire life back an hour. It's time to set your entire life back an hour.

It's time to set your entire life back an hour. It's time to set your entire life back an hour. It's time to set your entire life back an hour. It's time to set your entire life back an hour.

The following program is paid for by its producers. Broadcasting of this program does not imply endorsement of investment recommendations made therein. Please do not sue the station. Welcome to Real Estate Unlimited, USA.

The author of more than 70 books on Real Estate, Realty and Reality. The International Authority on No Money Down Investing, Mr. E.J. Sonny Barko. Thanks to my crew and to my audience, which is my crew. And thank you to my announcer and co-host, Mr. Del Baramor, Jr. Sonny, what kind of a day did you have today? Del, I bought eight apartment houses, two single family homes and a trailer park, all for no money down. How about you? Oh, not very much, Sonny. I got my clothes back from the dry cleaner. Ladies and gentlemen, Del, here's a wonderful guy. Thank you, son. But if I were you, I'd want the kind of day Sonny Barko had today. Wouldn't you, Del? I sure would, Sonny. Although I do have this great cleaner, he did a super job. Well, Del, as I've said before in this program, as well as on our 900 phone line, 50 cents for the first three minutes.

If you don't own his building, don't do business with him. I know, Sonny. I keep forgetting. By the way, I noticed you brought in what looked like some pretty special books today. What's up? Not another free offer. The people in the office are, they're going to kill you, Sonny. I'm afraid so, Del. I was cleaning out my garage and I found about 2,000 copies of my book, 10 contracts you must have to buy real estate. And, you know, me, Del. I just decided to bring him in and offer him to our listeners. Well, Sonny, you can't give him away. The information in that book could be worth hundreds of thousands of dollars to the smart investor. You're right, Del. I can't give it away. Oh, goodness. But I can offer it for only $75 to the first 2,000 people who call our special 700 number, $2 for the call visa and mastercard, or charge it on your real estate unlimited USA charge account. Oh, Sonny, you know, sometimes even though I know you're one of the five shrewdest individuals alive in the United States right now, I got a wonder if you're not a little wacko. $75 for a book that could make the skillful investor hundreds of times that and just the first 5 minutes he owns a copy. Well, that'll call me a cuckoo head if you like, but this is a book I want our listeners to have.

I wanted to have it tonight, because thanks coming up that I think they're really going to find this book comes in very, very handy. All right, good deal. Any who times a waste and we better get on the phones and see what questions the folks have for you today on our special 600 numbers, $75 for the first 8 minutes. It's an excellent suggestion, Del. Who's our celebrity phone answer today? So now she's the co-star of the upcoming smash daytime game show pilot, Go for it. Miss Bailey Linear. Hi, Bailey. Hi, Sonny. Hello. You're on the air. I'm real estate limited USA. It's an unlimited, Bailey. But a good job. Thank you. Hello. Hello. I'd like to speak to Sonny. Speaking. Sonny. Yes, sir. Hello. Yes, sir. Let's go ahead. It's your three quarters. Sonny, I listen to you every day and I've been using your techniques. And I'll tell you the truth. I'm very pleased with the result. Thank you very much. What's your first name, sir? Michael Ray.

Okay, Michael. Sonny, here's the situation. I mean, at the moment, now just like you thought, Sonny. All right. And there's a house in probate in a very nice neighborhood around here that's definitely on the up curve, like you talk about. Good. I like it. And I've been dickering with the widow or the former owner for about two and a half, three months. And she's got a sentimental attachment to the place and she's not sure about selling. Oh, she sure. She doesn't want sale. All right. But the property's owned of R48, Sonny. We could build to the moon on that thing. Okay. I feel many are with my no money down partnership, divestment contract. That's in the book, right? Mm-hmm. Yeah. I ordered it last week. I hadn't arrived yet. It takes about two, three weeks. Okay. Anyway, this is a setup you should definitely propose to the lady. Very briefly, the buyer forms a limited partnership with the seller to co-own the property. All the buyer's payments to the seller are carried on the books as advances for repairs. Okay. The seller experiences no tax liability by a gains deduction. And any time within the first 120 days, follow me.

Yeah. The seller exercises his option to divest himself, or in this case, herself, of seven-eighths of his share of the partnership. Okay. The RAT retains strictly for tax purposes. Uh-huh. Okay. You end up within six months owning the property and paying yourself to not sell it to boot, which I think the night touched. It sure is. But, Sonny, this is the thing that still got me. I still don't see how that persuades a reluctant seller. Well, you do have to threaten to break both her elbows. That's all covered in the book. It is. Okay, Swim. God bless you, Sonny. Thank you. Thanks for calling. Sonny, you're still about 18 copies of the book available to callers. If I know you, uh, you're not thinking what I'm thinking. I was, uh, Dell, I'm not now. Good. So we're not going to open the book offer on our 500 number. The call is free, but you pay 50 cents to hang up. Not quite yet, Dell. But keep working on me. Okay. Bailey, who's our next caller? Um, I don't know. Well, you might find out if you picked up the phone.

Oh, okay. Hello. You're on the air. I'm limited real estate. USA. Hello, Sonny. Speaking. Hi, Sonny. I'm Rainbow, calling from Santa Rosa. Hi, Rainbow. Great, beautiful country up there. Wonderful condo possibilities. What's going on? Well, I just won some money in the lottery. Oh, congratulations. Thank you. And I was thinking of investing in real estate of some kind. And I was wondering what you might today. Uh, now, Rainbow, keep in mind that no recommendations, Sonny makes, should be interpreted as an endorsement by either Sonny or any of Sonny's companies. Is this Dell? Yes, it is. Hi, Dell. Okay, you too. Rainbow, uh, you remember the big earthquake in Mexico? Sure. It was on TV. Right? Good girl. Okay. Now, just this week, they announced they're going to have to tear down some 400 buildings. Okay? But more important from our purposes, they're going to have to put up 400 new ones. Okay, you follow me? Now, you know Mexico City property at this point in time in the aftermath of the disaster,

has got to be on the down curve. The kids are in the books. That's a good old curve, right? Okay. I already did it about a month ago. Usually takes Rainbow now about one or two months. The office is all backed up. Okay. Now, in the book, contract number nine is an extra-charitorial partnership underwriting a swap of properties. They do own any property now, right now? Yeah. I bought the house of the communes that I used to live in. Okay. You own it outright? No. I thought it was the way you said. Okay. No down payment, kill sign, or whatever. Kill sign with the dead partner. All right. Not the one I would ideally recommend for this situation, but you can use it. That's what's important. Basically, you contact a Mexican broker. You offer to become a silent but controlling partner in what's called a title five partnership. He finds a parcel of high book value. You transfer your interest in your house to that partnership. Then within 45 days, you execute a swap of the properties, dissolve the partnership. You see?

Uh-huh. Pay yourself the down payment, and then you just sit and wait for the inevitable up curve in the value of the property. That sounds great, Sunny. Do you want to be able to dissolve the partnership? Uh-huh. Do I have to threaten to break both his elbows? Not with this contract. If you make him the lender of the down payment, which is contract seven, you might. But it's not necessary. Okay. Is he going to do? So you? Right. And so that's any Mexican broker? That's right. Although I do have a list with... Uh-uh-uh-uh, Sunny. The people in the office are going to have strokes. Okay. That was right. I cannot offer that list until tomorrow. Okay. I'll be listening. Bye, Sunny. Bye-bye, Dale. Thanks, Rainbow. You got a fan, that, Dale. No. That's one rainbow that's got a big part of Sunny at the end of it. Thanks, Dale. And thanks to Bailey Leneer for being our celebrity phone answer today. Bailey, you look so good. I'd like to buy an undivided share call in the ship, innit? Thanks, Annie. No problem. Dale, what's on tap for tomorrow? Tomorrow, Sunny will reveal the tour schedule for the wintertime tour of the real estate superstars. Right.

And we'll try to get through a whole show without any special offers. Oh, good luck, Dale. You know, ladies and gentlemen, there's only one way to experience an eight to nine hundred percent appreciation in your net worth in a matter of only up to six months. And that is real estate. And tomorrow is a good time to start, though. But today is better. See you tomorrow. Reel estate unlimited. USA is presented by Reel Estate Unlimited of Curacao. I'm Dale Baramore, Jr. speaking. One day came into my mind with everything looked as though it was all mine. Loveliness to gaze upon to feel your magic pulling me away.

I thought I wasn't comfortable at all, but everyone else was so small that I knew what you wanted to do. I knew what you wanted to do today. I'll think of times when all your thoughts and words are closely making me lose my mind. I thought I wasn't comfortable at all, but everyone else was so small that I knew what you wanted to do. Loveliness to gaze upon to feel your magic pulling me away.

I'm Dale Baramore, Jr. speaking. I'm Dale Baramore, Jr. speaking. I'm Dale Baramore, Jr.

speaking. Loveliness to gaze upon to feel your magic pulling me away. I'm Dale Baramore, Jr.

speaking. Loveliness to gaze upon to feel your magic pulling me away. I grew up here in Los Angeles, and we felt so badly at holiday time, especially because in the early days of television before there was coaxial cable,

we would get shows a week late, Arthur Godfrey's Christmas Eve special would be shown in Los Angeles on New Year's Eve. I haven't felt that same feeling of being excluded of being shut out of the big wide world of show business until today, thinking about hearing the reunion of David Clayton Thomas and Blood Sweat and Tears Live from a very noisy and possibly rad-infested cafe on the radio and not being able to hear it here. I don't know by you, makes me feel bad almost as bad as the fact that I've received no feedback from you ladies and gentlemen on my idea to buy back I love LA from the good people at ABC. Do you seriously want to be at a clipper game? Well, that's another question, but you seriously want to be at a Laker game and start singing this?

Look at these movies, novels for TV, bands that got the troubles and the best comedy. Look at these women, ain't nothing like the nowhere. Let's have this come out. So we found out last week $150,000 can buy this was the price that ABC paid so presumably $150, maybe $155 could buy it back. Now I want to clarify, the money's not going to go to Randy Newman. It's going to go to ABC, they're in third place, probably with an infusion of this amount of capital plus their newfound commitment to independence and freedom for producers of quality programming. This could give them a leg up on the way back, ladies and gentlemen, so don't do it for LA or for me or for yourself. Let's do it for ABC, come on.

Let's buy this thing back. What do you say? Let me know. I wait for your response. I wait for your response. I wait for your response. I wait for your response. I wait for your response.

I wait for your response. I wait for your response. I wait for your response. I wait for your response. I wait for your response.

I wait for your response. I wait for your response. I wait for your response. I wait for your response.

I wait for your response. I wait for your response. I wait for your response.

I wait for your response. I wait for your response. I wait for your response. I wait for your response.

Transcript

Transcript

Series: Le Show

Episode: 1985-10-27

Producing Organization: Century of Progress Productions

Contributing Organization: Century of Progress Productions (Santa Monica, California)

AAPB ID: cpb-aacip-cd24f74cbbc

If you have more information about this item than what is given here, or if you have concerns about this record, we want to know! Contact us, indicating the AAPB ID (cpb-aacip-cd24f74cbbc).

Description

Credits: Host: Shearer, Harry
Producing Organization: Century of Progress Productions
Writer: Shearer, Harry

AAPB Contributor Holdings: Century of Progress Productions
Identifier: cpb-aacip-b82ac880a13 (Filename)
Format: Audio cassette

Citations: Chicago: “Le Show; 1985-10-27,” 1985-10-27, Century of Progress Productions, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC, accessed April 2, 2026, http://americanarchive.org/catalog/cpb-aacip-cd24f74cbbc.; MLA: “Le Show; 1985-10-27.” 1985-10-27. Century of Progress Productions, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Web. April 2, 2026. <http://americanarchive.org/catalog/cpb-aacip-cd24f74cbbc>.; APA: Le Show; 1985-10-27. Boston, MA: Century of Progress Productions, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Retrieved from http://americanarchive.org/catalog/cpb-aacip-cd24f74cbbc