*How to acquire properties in the MLS with
no down payments. You don’t need an cash or
credit to acquire these deals. You don’t even
need to spend any money on marketing.
*A Step by Step Luxury home short sale case
study that produced a net profit of $169,742.
I’ll go in detail and show you how one of my
students created a net profit of $169,742 on his
very first deal, He didn’t use his credit to do
it and he had never done a short sale before,
not even on a regular sized house.
*And, I also answer questions that I’ve received.
Monday, December 7, 2009
Sunday, December 6, 2009
Real estate investing training
What is "The Experiment?"
The Experiment is my ground-breaking new real estate investing training and support program for creating uncommon 90 day leaps in personal income for those who participate.
Participants receive a comprehensive free collection of home study materials ($3,000 value) on how to generate consistent cash profits investing in free and clear real estate without relying your own investment capital, real estate agents or new bank financing.
Then just prior to the 3 month period of support and tracking, participants attend a live seminar (a $1,500 value for free) to develop the additional skills needed, get questions answered and create an action plan for collecting a 90 day "cash income target".
This program is free to anyone with a desire to significantly increase their income investing in real estate, and who submits an application before the program is full.
What's The Experiment all about?
As a participant, you'll be assigned to a control group and report your weekly progress for 90 days, asking for additional support if needed.
Our mission is to refine our existing training and support systems until we can document and prove that the "typical result" for over 50% of our students is an extra-ordinary 90 day boost in income, with additional increases achieveable every 90 days.
To receive an application, more program details (plus a $3,000 collection of real estate investing training and support!) request your free Profit Power computer disc by December 4th at:
http://www.RichardRoop.com/ProfitPower
The Experiment is my ground-breaking new real estate investing training and support program for creating uncommon 90 day leaps in personal income for those who participate.
Participants receive a comprehensive free collection of home study materials ($3,000 value) on how to generate consistent cash profits investing in free and clear real estate without relying your own investment capital, real estate agents or new bank financing.
Then just prior to the 3 month period of support and tracking, participants attend a live seminar (a $1,500 value for free) to develop the additional skills needed, get questions answered and create an action plan for collecting a 90 day "cash income target".
This program is free to anyone with a desire to significantly increase their income investing in real estate, and who submits an application before the program is full.
What's The Experiment all about?
As a participant, you'll be assigned to a control group and report your weekly progress for 90 days, asking for additional support if needed.
Our mission is to refine our existing training and support systems until we can document and prove that the "typical result" for over 50% of our students is an extra-ordinary 90 day boost in income, with additional increases achieveable every 90 days.
To receive an application, more program details (plus a $3,000 collection of real estate investing training and support!) request your free Profit Power computer disc by December 4th at:
http://www.RichardRoop.com/ProfitPower
Successful at Real Estate Investing
Imagine... you could have such a system that would allow You
to make $5,000, 10,000 or even 20,000 to 50,000 dollars
in profits per transaction without quitting your job,
without risking your life savings....
A system that allows you to go on vacation several times per year
for several weeks to wherever you want in the world
while the cash keeps coming in?
It is really possible?
Yes it is! I am the living proof.
An Immigrant from Germany who
came over without ANY knowledge of Real Estate,
no money and only able to invest in this part time.
And I have done over 5000 Real Estate transactions
in the last 8 years.
And so are my students who have built Real Estate
Businesses just like mine.
Fortunately, I was lucky enough to "stumble upon" such a system.
I spent 3 years making it an easy, paint-by-numbers system
that allows me (and you) to buy land for peanuts
and then on sell it for thousands of dollars FAST.
And I know that anyone can do it too.
Even if you've got no experience or little or
no money to invest initially!
Whether you're looking to make enough money to
supplement your income or
looking to find or build your dream home
for little or nothing,
then this unique system that I've been telling
you about puts you in perfect position to accomplish both goals.
And perhaps, the best part about this one-of-a-kind system
is that you can make a profit even if you don't have
much money or time to spare right now.
If you want to be successful at real estate investor
to make $5,000, 10,000 or even 20,000 to 50,000 dollars
in profits per transaction without quitting your job,
without risking your life savings....
A system that allows you to go on vacation several times per year
for several weeks to wherever you want in the world
while the cash keeps coming in?
It is really possible?
Yes it is! I am the living proof.
An Immigrant from Germany who
came over without ANY knowledge of Real Estate,
no money and only able to invest in this part time.
And I have done over 5000 Real Estate transactions
in the last 8 years.
And so are my students who have built Real Estate
Businesses just like mine.
Fortunately, I was lucky enough to "stumble upon" such a system.
I spent 3 years making it an easy, paint-by-numbers system
that allows me (and you) to buy land for peanuts
and then on sell it for thousands of dollars FAST.
And I know that anyone can do it too.
Even if you've got no experience or little or
no money to invest initially!
Whether you're looking to make enough money to
supplement your income or
looking to find or build your dream home
for little or nothing,
then this unique system that I've been telling
you about puts you in perfect position to accomplish both goals.
And perhaps, the best part about this one-of-a-kind system
is that you can make a profit even if you don't have
much money or time to spare right now.
If you want to be successful at real estate investor
Real Estate Tax Lien and Tax Deed Investing
...and 8 years ago I was lucky enough to discover
a real-estate investing Niche that allows me to
make big profits in Tax Delinquent Real Estate
very quickly.
And for the last 5 years I have taken this concept
WAY beyond simple Tax Lien and Tax Deed Investing
into Advanced (but simple) techniques
that not even the Gurus know about.
Along the way I've created a step-by-step blueprint
that allows anyone to easily do what I do,
even if currently know nothing about real estate,
have bad credit,
not much money
and have no clue where to start!
The best thing about this secret niche
is that with my step by step system
you get a FREE AND CLEAR Title
to the properties you buy.
I've been involved in real estate investing for the past 10 years.
During my career, I've closed more than 5,120 real estate transactions
grossing over $25 million dollars in Revenue.
I'm my own boss, I'm free of financial worries, I'm happy and fulfilled. But it wasn't always this way. I've had to spend years to crack this riddle.
In 1997 I arrived here as an immigrant from Germany with nothing but two suitcases, a decent education, and thousands of dollars in debt from various student loans.
Then in 1999 I "discovered" this real estate system that allows me to buy beautiful Tax Delinquent land and homes for just pennies, Free and Clear and with insurable title ... and then sell them within days for big profits! The problem was I had a job and knew it would take me another 2-3 years before I would get my Green Card (and with that finally could quit that job). I could not afford loosing my job because that would have meant that my immigration application would have been void and I would have had to leave the country. But I also knew that this Secret Investing System was the key to riches beyond my imagination. So had to find a way to make this work without affecting my main day time job. And it took me 3 years to get every single detail of this system down such that it literally runs on its own, while generating Tens of thousands of Dollars per month in profits.
The good news for you is: I've saved you all the trial-and-error. I documented every step. I kept meticulous records of what worked and what didn't. And even Better: Since then, I've taught many ordinary people how to achieve the same results.
Once I finally figured out the system and how to make it work in small, medium and large scale, my business exploded and I controlled one of the most profitable real estate investing business in my market - and you can, too.
If you are interested in becoming a successful real estate investor, don't just learn about real estate investing, learn how you can investing for huge returns, little to no risk and with only fronting in some cases less then $100 for FREE and CLEAR property
a real-estate investing Niche that allows me to
make big profits in Tax Delinquent Real Estate
very quickly.
And for the last 5 years I have taken this concept
WAY beyond simple Tax Lien and Tax Deed Investing
into Advanced (but simple) techniques
that not even the Gurus know about.
Along the way I've created a step-by-step blueprint
that allows anyone to easily do what I do,
even if currently know nothing about real estate,
have bad credit,
not much money
and have no clue where to start!
The best thing about this secret niche
is that with my step by step system
you get a FREE AND CLEAR Title
to the properties you buy.
I've been involved in real estate investing for the past 10 years.
During my career, I've closed more than 5,120 real estate transactions
grossing over $25 million dollars in Revenue.
I'm my own boss, I'm free of financial worries, I'm happy and fulfilled. But it wasn't always this way. I've had to spend years to crack this riddle.
In 1997 I arrived here as an immigrant from Germany with nothing but two suitcases, a decent education, and thousands of dollars in debt from various student loans.
Then in 1999 I "discovered" this real estate system that allows me to buy beautiful Tax Delinquent land and homes for just pennies, Free and Clear and with insurable title ... and then sell them within days for big profits! The problem was I had a job and knew it would take me another 2-3 years before I would get my Green Card (and with that finally could quit that job). I could not afford loosing my job because that would have meant that my immigration application would have been void and I would have had to leave the country. But I also knew that this Secret Investing System was the key to riches beyond my imagination. So had to find a way to make this work without affecting my main day time job. And it took me 3 years to get every single detail of this system down such that it literally runs on its own, while generating Tens of thousands of Dollars per month in profits.
The good news for you is: I've saved you all the trial-and-error. I documented every step. I kept meticulous records of what worked and what didn't. And even Better: Since then, I've taught many ordinary people how to achieve the same results.
Once I finally figured out the system and how to make it work in small, medium and large scale, my business exploded and I controlled one of the most profitable real estate investing business in my market - and you can, too.
If you are interested in becoming a successful real estate investor, don't just learn about real estate investing, learn how you can investing for huge returns, little to no risk and with only fronting in some cases less then $100 for FREE and CLEAR property
Friday, December 4, 2009
Selling real estate properties tax-free.
1. Laugh & Save. Tonight’s entertaining presentation you will
have fun while you are learning how to save a lot of money.
NO boring mumbo-jumbo!
2. Paying little or no taxes makes you wealthier faster. Saving
taxes increases your cash flow, increases your equity which
combined dramatically & quickly amasses your family wealth!
3. Audit-Proof your taxes against the IRS. The discussion will
be backed up by dynamic strategies with tax law cites which
are money-saving profit centers that give you POWER against
the IRS. Uncover “hidden” IRS weaknesses so you can lower
your audit risk by 400% (or more) and keep the IRS out of your
life!
4. Save by avoiding the 80+% of bad tax advisors. Who charge
high fees only to give inaccurate costly advice, cause IRS problems
and sway you in the wrong direction about your finances, costing
you big time!
5. Create enormous deductions with no cash outlay, yet create
cash flow in your pocket. With the “Componentizing” depreciation
system we'll be sharing, you’ll substantially increase your cash flow
by thousands every year.
6. Benefit from these huge deductions without IRS limits. How
to deduct paper losses against your other ordinary income even
if you work full time or your income is over $150,000. Avoid AMT
and reduce your AGI down so low that not only can you still make
a lot of money, yet still legally pay little or no taxes, every year.
7. Avoid being a dealer! Totally bypass the costly tax consequences
of being a dealer us ing powerful proven strategies that save you ten’s
of thousands!
8. Accumulate massive equity by selling properties tax-free.
Discover how to legally sell your properties without paying taxes
for big tax-free profits you can use to invest for more wealth.
9. Use the right entities to save thousands. Find out why most
“Entity Structuring” info you’re getting is costing you big time. We
will teach you entity structuring the right way! Use only 2 LLC’s to
protect any number of properties!!
10. DON’T MISS IT! Attending tonight’s presentation will forever
change the way you think about taxes because you will learn
money-saving gems that you never heard of that will maximize
your wealth, year in and year out!!!
have fun while you are learning how to save a lot of money.
NO boring mumbo-jumbo!
2. Paying little or no taxes makes you wealthier faster. Saving
taxes increases your cash flow, increases your equity which
combined dramatically & quickly amasses your family wealth!
3. Audit-Proof your taxes against the IRS. The discussion will
be backed up by dynamic strategies with tax law cites which
are money-saving profit centers that give you POWER against
the IRS. Uncover “hidden” IRS weaknesses so you can lower
your audit risk by 400% (or more) and keep the IRS out of your
life!
4. Save by avoiding the 80+% of bad tax advisors. Who charge
high fees only to give inaccurate costly advice, cause IRS problems
and sway you in the wrong direction about your finances, costing
you big time!
5. Create enormous deductions with no cash outlay, yet create
cash flow in your pocket. With the “Componentizing” depreciation
system we'll be sharing, you’ll substantially increase your cash flow
by thousands every year.
6. Benefit from these huge deductions without IRS limits. How
to deduct paper losses against your other ordinary income even
if you work full time or your income is over $150,000. Avoid AMT
and reduce your AGI down so low that not only can you still make
a lot of money, yet still legally pay little or no taxes, every year.
7. Avoid being a dealer! Totally bypass the costly tax consequences
of being a dealer us ing powerful proven strategies that save you ten’s
of thousands!
8. Accumulate massive equity by selling properties tax-free.
Discover how to legally sell your properties without paying taxes
for big tax-free profits you can use to invest for more wealth.
9. Use the right entities to save thousands. Find out why most
“Entity Structuring” info you’re getting is costing you big time. We
will teach you entity structuring the right way! Use only 2 LLC’s to
protect any number of properties!!
10. DON’T MISS IT! Attending tonight’s presentation will forever
change the way you think about taxes because you will learn
money-saving gems that you never heard of that will maximize
your wealth, year in and year out!!!
Tuesday, December 1, 2009
Free MAO Cruncher,
I wanted to make sure your were able to download your F-R-E-E copy of my MAO Cruncher, below is the link just in case:
http://findingmotivatedsellersexposed.com/mao/product/index.php?action=giveaway
Please feel free to give it to someone you know. I even have a place on the download page were you can tell your tweeps if your on twitter.
Thanks
http://findingmotivatedsellersexposed.com/mao/product/index.php?action=giveaway
Please feel free to give it to someone you know. I even have a place on the download page were you can tell your tweeps if your on twitter.
Thanks
Sunday, November 29, 2009
Virtual Short Sale Investing)
Over the next 7 days, I am going to send you 4 training
videos that will give you cutting edge information that
you can start using immediately to make more money now.
These videos are 100% training and no sellin*g. I thought
You would appreciate that for a change. I know there’s no
shortage of people trying to sell you their courses on the
Internet.
My VSSI (Virtual Short Sale Investing) strategy was created
from over 6 years working in the trenches as a short sale
investor.
I’ve done over 462 deals and now you get to benefit from my
experience for fre*e. I do deals every month all over the
country virtually so I know what’s working best in today’s
market.
It wasn’t always that easy for me. When I started investing
in real estate, I was $270,000 in debt and on the verge of
bankruptcy. I did everything wrong and made a big mess for
myself. It wasn’t until I created my Virtual Short Sale
Investing System that I got out of the mess, became financially fre'e,
and started living the life that I dreamed of.
Now 100% of my deals are done for me by the network I’ve
built around me. I don’t talk to sellers, buyers or lenders
anymore and I don’t do any of the work other than oversee
the closing. Over the next 7 days, I’m going to show you how you
can copy exactly what I’m doing in my business so you too
can make big money in virtual short sale Investing and start
living the life you dream of too.
Sound Good? Great.
Let’s Get Started!
Head over to the VSSI blog and watch the entire video on the
blog. Submit a comment or a question on what else you’d like
to learn about Virtual Short Sale Investing.
Watch Video 1 and submit your questions here:
http://www.dcfawcett.com/vssi2
I will be releasing more videos soon. Stay Tuned.
Committed to Your Extreme Success,
D.C. Fawcett
Creator of Virtual Short Sale Investing
P.S. Remember, Nothing will be sold on these videos. They
are 100% training.
Watch Video 1 here and submit your questions you want
answered:
http://www.dcfawcett.com/vssi2
videos that will give you cutting edge information that
you can start using immediately to make more money now.
These videos are 100% training and no sellin*g. I thought
You would appreciate that for a change. I know there’s no
shortage of people trying to sell you their courses on the
Internet.
My VSSI (Virtual Short Sale Investing) strategy was created
from over 6 years working in the trenches as a short sale
investor.
I’ve done over 462 deals and now you get to benefit from my
experience for fre*e. I do deals every month all over the
country virtually so I know what’s working best in today’s
market.
It wasn’t always that easy for me. When I started investing
in real estate, I was $270,000 in debt and on the verge of
bankruptcy. I did everything wrong and made a big mess for
myself. It wasn’t until I created my Virtual Short Sale
Investing System that I got out of the mess, became financially fre'e,
and started living the life that I dreamed of.
Now 100% of my deals are done for me by the network I’ve
built around me. I don’t talk to sellers, buyers or lenders
anymore and I don’t do any of the work other than oversee
the closing. Over the next 7 days, I’m going to show you how you
can copy exactly what I’m doing in my business so you too
can make big money in virtual short sale Investing and start
living the life you dream of too.
Sound Good? Great.
Let’s Get Started!
Head over to the VSSI blog and watch the entire video on the
blog. Submit a comment or a question on what else you’d like
to learn about Virtual Short Sale Investing.
Watch Video 1 and submit your questions here:
http://www.dcfawcett.com/vssi2
I will be releasing more videos soon. Stay Tuned.
Committed to Your Extreme Success,
D.C. Fawcett
Creator of Virtual Short Sale Investing
P.S. Remember, Nothing will be sold on these videos. They
are 100% training.
Watch Video 1 here and submit your questions you want
answered:
http://www.dcfawcett.com/vssi2
Creator Virtual Short Sale Investing
Welcome back to Day 2 of your Virtual Sale
Investing Training. I created a brand new
video for you that will show you how to get
as many as short sale leads as you want for
absolutely ZERO marketing cost. This is not
hype. I am dead serious about this!
After watching the video, you’ll have the
knowledge to start getting as many short sale
leads in your email inbox immediately and I
show you exactly how to do that.
Watch it here:
http://www.dcfawcett.com/shortsales2
I also provided a link where you can download
my fre'e Lead Flow Profit Guide. ($197 Value)
After you download this guide, you’ll be able to
Start using it immediately to get as many short
sale leads as you want with absolutely ZERO
Marketing cost.
Get it Here Now:
http://www.dcfawcett.com/shortsales2
I also have an update for you on the training webinar
I was talking about yesterday. It will be held tomorrow.
Watch your email tomorrow for the link to watch the
webinar.
Nothing will be sold on this webinar and there is absolutely
ZERO cost to attend.
During this Training, I’ll cover:
- How to acquire short sales in the MLS with
no down payments or proof of funds letters
- A Step by Step Luxury home short sale
case study that produced a net profit of
$169,742.
- As well as answers to the most frequently
asked questions about VSSI.
I will send you the link to the webinar tomorrow.
Committed to Your Extreme Success,
D.C. Fawcett
Creator Virtual Short Sale Investing
P.S. Nothing will be sold on this webinar.
Make sure you leave your questions on the
blog so I can answer them tomorrow.
Watch Video 2 and leave your questions here:
http://www.dcfawcett.com/shortsales2
Investing Training. I created a brand new
video for you that will show you how to get
as many as short sale leads as you want for
absolutely ZERO marketing cost. This is not
hype. I am dead serious about this!
After watching the video, you’ll have the
knowledge to start getting as many short sale
leads in your email inbox immediately and I
show you exactly how to do that.
Watch it here:
http://www.dcfawcett.com/shortsales2
I also provided a link where you can download
my fre'e Lead Flow Profit Guide. ($197 Value)
After you download this guide, you’ll be able to
Start using it immediately to get as many short
sale leads as you want with absolutely ZERO
Marketing cost.
Get it Here Now:
http://www.dcfawcett.com/shortsales2
I also have an update for you on the training webinar
I was talking about yesterday. It will be held tomorrow.
Watch your email tomorrow for the link to watch the
webinar.
Nothing will be sold on this webinar and there is absolutely
ZERO cost to attend.
During this Training, I’ll cover:
- How to acquire short sales in the MLS with
no down payments or proof of funds letters
- A Step by Step Luxury home short sale
case study that produced a net profit of
$169,742.
- As well as answers to the most frequently
asked questions about VSSI.
I will send you the link to the webinar tomorrow.
Committed to Your Extreme Success,
D.C. Fawcett
Creator Virtual Short Sale Investing
P.S. Nothing will be sold on this webinar.
Make sure you leave your questions on the
blog so I can answer them tomorrow.
Watch Video 2 and leave your questions here:
http://www.dcfawcett.com/shortsales2
3 Step Formula (watch)
In my new video I explain in detail
how to put together an easy to follow
3 step formula that will put your real
estate investing on the fast track to
ongoing profits...
http://CashFlowInstitute.com/Formula
Warm Regards,
how to put together an easy to follow
3 step formula that will put your real
estate investing on the fast track to
ongoing profits...
http://CashFlowInstitute.com/Formula
Warm Regards,
MAO Cruncher - F-r-e-e Ugly Hous Calculator
Hey
I wanted to make sure your were able to download your F-R-E-E copy of my MAO Cruncher, below is the link just in case:
http://findingmotivatedsellersexposed.com/mao/product/index.php?action=giveaway
Please feel free to give it to someone you know. I even have a place on the download page were you can tell your tweeps if your on twitter.
Thanks
-Larry
If you wish to cancel your subscription, simply click once on the link below.
Click here to unsubscribe
I wanted to make sure your were able to download your F-R-E-E copy of my MAO Cruncher, below is the link just in case:
http://findingmotivatedsellersexposed.com/mao/product/index.php?action=giveaway
Please feel free to give it to someone you know. I even have a place on the download page were you can tell your tweeps if your on twitter.
Thanks
-Larry
If you wish to cancel your subscription, simply click once on the link below.
Click here to unsubscribe
Wednesday, November 25, 2009
Short Sales & Bank Owned (REO) For'eclosures.
How to Get UNLIMITED Proof of Funds Letters,
customized for YOUR offers!
* How to Find the Best, Most Profitable Bank-Owned
Deals in Your Area, and Get Them BEFORE Your
Competition Even Knows They Exist!
* How to Safely and Legally Fund Foreclosure Deals-
Without Credit or Even Borrowing a Single Nickel!
* How to Build a Big, Powerful Buyer's List to Sell
Your Foreclosure Deals to... on 97% Automatic Pilot!
* THE ABSOLUTE BEST, FASTEST, EASIEST, and Most
Profitable Strategy For Buying As Many Bank Owned
Properties (REO's) as You Wish, and Flipping Them
For Cash at Closing
What good is all the effort of putting a deal together if you
can't get it to close and pay you your profits?
Join me Tuesday, Nov 24th for a fr'ee webinar where I will be
Interviewing nationally renowned Investor Cameron Dunlap, and
he'll share with you the details of how you can fund your
For'eclosure deals immediately with none of your own mo'ney or cre'dit.
It's no secret that the biggest area of opportunity in right now is in
Short Sales & Bank Owned (REO) For'eclosures.
There's a tidal wave of them for us to ca'sh in on!
The rules of engagement have changed though. The good news is Cam has
cracked the code to REO's, so there's NOTHING to hold you back!
customized for YOUR offers!
* How to Find the Best, Most Profitable Bank-Owned
Deals in Your Area, and Get Them BEFORE Your
Competition Even Knows They Exist!
* How to Safely and Legally Fund Foreclosure Deals-
Without Credit or Even Borrowing a Single Nickel!
* How to Build a Big, Powerful Buyer's List to Sell
Your Foreclosure Deals to... on 97% Automatic Pilot!
* THE ABSOLUTE BEST, FASTEST, EASIEST, and Most
Profitable Strategy For Buying As Many Bank Owned
Properties (REO's) as You Wish, and Flipping Them
For Cash at Closing
What good is all the effort of putting a deal together if you
can't get it to close and pay you your profits?
Join me Tuesday, Nov 24th for a fr'ee webinar where I will be
Interviewing nationally renowned Investor Cameron Dunlap, and
he'll share with you the details of how you can fund your
For'eclosure deals immediately with none of your own mo'ney or cre'dit.
It's no secret that the biggest area of opportunity in right now is in
Short Sales & Bank Owned (REO) For'eclosures.
There's a tidal wave of them for us to ca'sh in on!
The rules of engagement have changed though. The good news is Cam has
cracked the code to REO's, so there's NOTHING to hold you back!
"Find The Seller" strategy
This is your absolute last chance to catch this weeks
training session on my brand new "Undercover Private
Liquidations System"
https://www1.gotomeeting.com/register/370956240
You better hurry though, it's going to be starting in just
a couple of hours at 6pm Eastern.
You definitely do not want to miss out on all the valuable
information that's going to be shared, like...
- My "Find The Seller" strategy and how I use it DAILY
to generate cash on demand...
- Why less really is MORE when it comes to finding
motivated sellers (and how searching for FEWER deals
can actually generate MORE deals for you...which
means MORE cash in your bank account).
- What a "lead magnet" is and why choosing the right
one can mean the difference between a 1% response
rate and a 50% response rate...
- A behind-the-scenes look at my highest converting
motivated seller lead campaign EVER (PLUS my
permission to shamelessly knock it off!)
...and a whole lot more.
training session on my brand new "Undercover Private
Liquidations System"
https://www1.gotomeeting.com/register/370956240
You better hurry though, it's going to be starting in just
a couple of hours at 6pm Eastern.
You definitely do not want to miss out on all the valuable
information that's going to be shared, like...
- My "Find The Seller" strategy and how I use it DAILY
to generate cash on demand...
- Why less really is MORE when it comes to finding
motivated sellers (and how searching for FEWER deals
can actually generate MORE deals for you...which
means MORE cash in your bank account).
- What a "lead magnet" is and why choosing the right
one can mean the difference between a 1% response
rate and a 50% response rate...
- A behind-the-scenes look at my highest converting
motivated seller lead campaign EVER (PLUS my
permission to shamelessly knock it off!)
...and a whole lot more.
Virtual Short Sale Investing
After this call you’ll have everything you need to get
up and running. The very next morning you’ll be
able to start leveraging this marketplace and profit
from it yourself in today’s market.
D.C. Fawcett is going to come on and share how
you can get 100% of your deals done for you by
using other people’s time and money.
This means you don’t need any experience and
you don’t need to devote your life to getting
your short sale business firing on all cylinders.
When you attend the webinar, you’ll discover:
How DC will partner with you, negotiate your
short sales for you and Fund 100% of your
deals for you.
How DC’s Virtual Short Sale Investing
Machine buys, negotiates and sells 100%
of your deals for you without ever leaving
the comfort of your own home.
How to Make $100,000 per month
with No Cash, No Credit or previous
Experience
D.C. only has a limited number of partnership
spots available and he said when he is full, he
is closing the opportunity to partner with him.
up and running. The very next morning you’ll be
able to start leveraging this marketplace and profit
from it yourself in today’s market.
D.C. Fawcett is going to come on and share how
you can get 100% of your deals done for you by
using other people’s time and money.
This means you don’t need any experience and
you don’t need to devote your life to getting
your short sale business firing on all cylinders.
When you attend the webinar, you’ll discover:
How DC will partner with you, negotiate your
short sales for you and Fund 100% of your
deals for you.
How DC’s Virtual Short Sale Investing
Machine buys, negotiates and sells 100%
of your deals for you without ever leaving
the comfort of your own home.
How to Make $100,000 per month
with No Cash, No Credit or previous
Experience
D.C. only has a limited number of partnership
spots available and he said when he is full, he
is closing the opportunity to partner with him.
Real Estate. Those two words create images of wealth
Real Estate. Those two words create images of wealth
You already know that more wealth has been created with real estate than with any other investment and in these trying times there will be more - Thousandaires - millionaires - and even multi millionaires. Click the link below and be apart of this wealth explosion.
Click here
Think about it... knowing what to invest in isn't much use unless you know how to invest. Think of all the people you know who understand real estate is the ticket to wealth, but who have yet to find the right deal.
The key to successful real estate investing is using proven systems that produce results.
A Wise colleague of mine says..."Wealthy people use systems. Broke people do not!"
There's a dirty secret that the others won't tell you.
When the house you want to flip is a Short Sale
or a Bank Owned REO For'eclosure, you'll need 2 things to get in the game:
1. Proof of Funds &
2. In many (not all) cases, Transactional Funding, or
what I've come to call "1 Day Dough
You already know that more wealth has been created with real estate than with any other investment and in these trying times there will be more - Thousandaires - millionaires - and even multi millionaires. Click the link below and be apart of this wealth explosion.
Click here
Think about it... knowing what to invest in isn't much use unless you know how to invest. Think of all the people you know who understand real estate is the ticket to wealth, but who have yet to find the right deal.
The key to successful real estate investing is using proven systems that produce results.
A Wise colleague of mine says..."Wealthy people use systems. Broke people do not!"
There's a dirty secret that the others won't tell you.
When the house you want to flip is a Short Sale
or a Bank Owned REO For'eclosure, you'll need 2 things to get in the game:
1. Proof of Funds &
2. In many (not all) cases, Transactional Funding, or
what I've come to call "1 Day Dough
Nationwide real estate deals
I have a question for you. Actually I have 3 questions for you:
Are you interested in discovering the fastest, safest way to
make big money in real estate? You don’t need cash, credit or
previous investing experience.
What about having a team nationwide finding deals and buyers
and not just in your backyard but all around the country?
Finally, how about an investing strategy that enables you to
hit the ground running b/c a team of experts is doing all the
work for you including doing the deals and even financing your deals?
without spending a dime on advertising (I’ll Explain how to get
as many leads as you can handle for absolutely ZERO marketing costs.)
…without using your credit to get mortgages (I’ll explain how this works on
the webinar.)
…without any investment capital (I’m going to fund all of your deals for you
and provide you with a Proof of Funds Letter up to $20M. Yes, that is not a
typo. $20 Million.)
…without any previous experience (This works for beginning and experienced
investors.)
Are you interested in discovering the fastest, safest way to
make big money in real estate? You don’t need cash, credit or
previous investing experience.
What about having a team nationwide finding deals and buyers
and not just in your backyard but all around the country?
Finally, how about an investing strategy that enables you to
hit the ground running b/c a team of experts is doing all the
work for you including doing the deals and even financing your deals?
without spending a dime on advertising (I’ll Explain how to get
as many leads as you can handle for absolutely ZERO marketing costs.)
…without using your credit to get mortgages (I’ll explain how this works on
the webinar.)
…without any investment capital (I’m going to fund all of your deals for you
and provide you with a Proof of Funds Letter up to $20M. Yes, that is not a
typo. $20 Million.)
…without any previous experience (This works for beginning and experienced
investors.)
Sunday, November 22, 2009
LAND PROFIT FORMULA
Go here now:
LAND PROFIT FORMULA
Last year, my friend Jack Bosch released his Land Profit Formula system and all copies sold out in a few days.
Now, This completely new and updated release is expected to sell out much faster.
You don't want to miss your chance to cash in on this goldmine of opportunity to buy vacant land for building self storage facilities, or to sell for a profit.
Jack's unique system for buying land for pennies on the dollar and flipping for thousands in profit is by far one of the fastest and easiest ways to make real money in real estate.
Jack has done over 5,564 of these simple land transactions and currently sells 20- 40 pieces of land per month on near auto-pilot without ever needing to leave his office.
And now he's teaching people how you can do this with very little money, no credit and zero previous experience. He'll show you exactly how he does it. (As you go through the course you'll feel like you're looking over Jack's shoulder watching every move he makes.)
But remember, this program is only available for a very limited time. Now that the word is out, don't expect copies to be available much longer.
|
Go here now:
LAND PROFIT FORMULA
With over $39,079 in real value and bonuses and full 30-day money back guarantee, Jack's made it a no brainer.
In fact, Jack's so committed to your success when you invest in his program you'll be given access to his list of over 21,791 active land buyers to quickly flip all of the deals you find for top dollar, and UNLIMITED LIFETIME SUPPORT to get all your questions answered as you put the program into action.
You now have the chance to learn the very same secrets Jack and so many of his students have used to become wealthy in vacant land.
As you visit the link below you can see more of Jack's story and see real proof of his system in action.
Remember, there's no risk and you can use the system for yourself and start closing deals before making your final decision.
But again, copies are limited and once they're gone, they're gone.
Go here now:
LAND PROFIT FORMULA
LAND PROFIT FORMULA
Last year, my friend Jack Bosch released his Land Profit Formula system and all copies sold out in a few days.
Now, This completely new and updated release is expected to sell out much faster.
You don't want to miss your chance to cash in on this goldmine of opportunity to buy vacant land for building self storage facilities, or to sell for a profit.
Jack's unique system for buying land for pennies on the dollar and flipping for thousands in profit is by far one of the fastest and easiest ways to make real money in real estate.
Jack has done over 5,564 of these simple land transactions and currently sells 20- 40 pieces of land per month on near auto-pilot without ever needing to leave his office.
And now he's teaching people how you can do this with very little money, no credit and zero previous experience. He'll show you exactly how he does it. (As you go through the course you'll feel like you're looking over Jack's shoulder watching every move he makes.)
But remember, this program is only available for a very limited time. Now that the word is out, don't expect copies to be available much longer.
|
Go here now:
LAND PROFIT FORMULA
With over $39,079 in real value and bonuses and full 30-day money back guarantee, Jack's made it a no brainer.
In fact, Jack's so committed to your success when you invest in his program you'll be given access to his list of over 21,791 active land buyers to quickly flip all of the deals you find for top dollar, and UNLIMITED LIFETIME SUPPORT to get all your questions answered as you put the program into action.
You now have the chance to learn the very same secrets Jack and so many of his students have used to become wealthy in vacant land.
As you visit the link below you can see more of Jack's story and see real proof of his system in action.
Remember, there's no risk and you can use the system for yourself and start closing deals before making your final decision.
But again, copies are limited and once they're gone, they're gone.
Go here now:
LAND PROFIT FORMULA
Friday, November 20, 2009
When Will The Next Foreclosure Wave Hit The United States?
Sometime in 2010, according to the USA Today:
“A second wave of foreclosures is poised to hit the market,
potentially undermining housing recovery efforts as more homes
add to the glut of inventory and drive down prices. These homes
largely represent loans that are delinquent but have not yet
resulted in foreclosure sales.”
The reason? The report lists several:
* Moratoriums
* Overwhelmed lenders
* Modifications
* Asset write-downs
Add it all together and Mark Zandi from Moody’s, which is “among
the world’s most respected and widely utilized sources for credit
ratings, research and risk analysis,” predicts that about 2.4 million
homes will be lost to foreclosure next year.
That’s nearly a half-million more defaults that occurred in 2009 based
on their data.
“A second wave of foreclosures is poised to hit the market,
potentially undermining housing recovery efforts as more homes
add to the glut of inventory and drive down prices. These homes
largely represent loans that are delinquent but have not yet
resulted in foreclosure sales.”
The reason? The report lists several:
* Moratoriums
* Overwhelmed lenders
* Modifications
* Asset write-downs
Add it all together and Mark Zandi from Moody’s, which is “among
the world’s most respected and widely utilized sources for credit
ratings, research and risk analysis,” predicts that about 2.4 million
homes will be lost to foreclosure next year.
That’s nearly a half-million more defaults that occurred in 2009 based
on their data.
Monday, November 16, 2009
Motivated Seller Wanted
Attracting motivated sellers, building a buyer's list, occupying houses fast and getting more private investors to fund your deals. This killer message is written as an "advertorial" and reads like a news article. You can customize it for your own use and get it out as display ad, a flyer, a letter, a web page or a free special report. The very first time I put this marketing tool out I occupied 7 houses with buyers within 3 weeks, made $136,000 in gross profits buying new property and collected $280,000 in private money... all from getting it in the hands of 18,000 prospects at a cost of only $1,400! Now you can use it in your own real estate business... for free!
Sell Real Estate With Owner Financing
You can get deals so cheap (and get such a high return on you investment) that you can easily use you own cash to buy these deals... then sell with owner financing with enough money down from your buyer to cover your entire purchase price! But what about land deals worth $50,000 to $100,000 that you can buy for $5,000 to $10,000? You need more cash to fund these deals, don't you? Well this NEW training system teaches how to raise all the funds you'll ever need for making more lucrative all cash offers... and for offering a seller a partial down payment and then getting them to carry the balance at 0%. That's right! Get interest free seller financing for 5 to 15 years! This training shows you how to avoid using any of your own cash on deals... so you have more exit strategies and profit opportunities on each deal.
private mortgage loans
private mortgage lending
commercial mortgage lenders
commercial lenders
commercial bridge loans
commercial truck financing
mortgage lenders
commercial refinance
mortgage loan lenders
second mortgage lenders
commercial mortgage refinance
mortgages sub prime
realestate investment
foreclosed property
foreclosure homes for sale
How to Prosper in Real Estate
proven steps for raising millions in no bank qualifying real estate financing AND how to turn each dollar borrowed into a dollar of net profits! You'll discover how to systematically collect all the tax free cash you need each month -- not just to do deals -- but cash to spend, payoff bills or use to grow your investing business INCLUDING:
How to raise two million dollars in private money in as little as 60 days
How to advertise and then use these funds without violating security laws
How to start closing the deals you're missing out on due to lacking of funding
How to convert "dead equity" in properties you already own into cash
How to refinance "bad loans" you got now at lower rates or longer terms
How to develop confidence making all cash offers and get the deep discounts
How to find private investors eager to fund your real estate deals
How to create your private lending program so investors anxious to do business
buy free and clear land for pennies on the dollar. That includes how I'm selecting my markets, details of my actual transactions, marketing tools I've created and using myself, how I'm outsourcing and delegating all the work -- plus how to apply "the ultimate strategy" which I use to buy houses and apply to for buying land with no money down and with 0% owner financing. Nothing is held back. You see how I'm using Jack's system to find deals, negotiate with sellers, build a buyer's list and sell quickly online... sometimes without ever seeing the properties!
How to raise two million dollars in private money in as little as 60 days
How to advertise and then use these funds without violating security laws
How to start closing the deals you're missing out on due to lacking of funding
How to convert "dead equity" in properties you already own into cash
How to refinance "bad loans" you got now at lower rates or longer terms
How to develop confidence making all cash offers and get the deep discounts
How to find private investors eager to fund your real estate deals
How to create your private lending program so investors anxious to do business
buy free and clear land for pennies on the dollar. That includes how I'm selecting my markets, details of my actual transactions, marketing tools I've created and using myself, how I'm outsourcing and delegating all the work -- plus how to apply "the ultimate strategy" which I use to buy houses and apply to for buying land with no money down and with 0% owner financing. Nothing is held back. You see how I'm using Jack's system to find deals, negotiate with sellers, build a buyer's list and sell quickly online... sometimes without ever seeing the properties!
Sunday, November 15, 2009
Luxury Homes short sales
saw these on the net just now and I thought you might want
to see them too (look in the 'Today's Dose Of Hot News' below).
It's a bunch of celebrity foreclosures - operative term being
"celebrity" - meaning these are luxury homes that wound up
being foreclosed on.
Needless to say...
...Celebrities + luxury homes foreclosures = big $$$ opportunity!
And these are just a teeny-weeny bit of the tip of the iceberg.
There are a lot of luxury homes out there, not necessarily owned
by celebrities, going or have gone into foreclosure.
All the more reason for you to catch the replay of the webinar we
did last week with the "Millionaire Deal Partner" (whose specialty
is luxury homes short sales).
Watch the replay here > http://dodeals.com/go.php?l=DFWSR&e=yen372002@yahoo.com
Think about it. These types of deals can easily make you $100K
in a single transaction - probably enough to do just one deal a year.
But the "Millionaire Deal Partner" wants to hook up with you so
you can do these kinds of deals one per month!
to see them too (look in the 'Today's Dose Of Hot News' below).
It's a bunch of celebrity foreclosures - operative term being
"celebrity" - meaning these are luxury homes that wound up
being foreclosed on.
Needless to say...
...Celebrities + luxury homes foreclosures = big $$$ opportunity!
And these are just a teeny-weeny bit of the tip of the iceberg.
There are a lot of luxury homes out there, not necessarily owned
by celebrities, going or have gone into foreclosure.
All the more reason for you to catch the replay of the webinar we
did last week with the "Millionaire Deal Partner" (whose specialty
is luxury homes short sales).
Watch the replay here > http://dodeals.com/go.php?l=DFWSR&e=yen372002@yahoo.com
Think about it. These types of deals can easily make you $100K
in a single transaction - probably enough to do just one deal a year.
But the "Millionaire Deal Partner" wants to hook up with you so
you can do these kinds of deals one per month!
We're talking about the $8,000 tax credit.
Have you heard of the story of the 2 shoe salesmen sent
to a remote island inhabited by primitive natives to sell
their products?
The first salesman, upon arriving on the island immediately
called the head office and demanded to be brought back
after seeing the primitive natives were all barefoot. He said,
"No one wears shoes here! Bring me back!"
The second salesman was the exact opposite.
As soon as he saw the barefoot natives, he immediately
phoned the head office and said, "Everyone's barefoot
here! Send all the shoes you can!"
He saw what the first salesman failed to see - a hidden
market.
Tonight, you'll get to meet this "second salesman".
He's not going to sell you shoes. But he's going to teach
you how you can tap into this "hidden market" that he
found.
We're ta lking about the $8,000 tax credit.
Go here to meet him > http://dodeals.com/go.php?l=TSWS&e=yen372002@yahoo.com
Tony, a 13-year veteran of the real estate industry quickly
sprang into action the moment the government announced
the $8,000 tax credit for first time homebuyers.
His experienced nose immediately smelled a "hidden market"
and he wasted no time uncovering it.
And man, was it a nice warm place filled with cold cash! :-)
And with the Senate voting to extend the tax credit for at
least another 7 months, the "hidden market" just got bigger.
For starters, he found a way to "legally sell" a house but
still keep the deal and create monthly cashflow. (Sounds
confusing? Not after you hear how it's done)
****************************************************************
Y ou (Tony) are very thorough in your explanation and
repeated information as needed until we had a good
understanding.
- N. Porter
****************************************************************
He also found a way to get the IRS to send him $8,000
straight to his checking account for every house he sells.
(If you think the IRS is synonymous to "take your money",
then it's time you found out how they'll send you money!)
It's all anchored on the $8,000 first time homebuyers tax credit.
And he's spilling everything tonight so be ready to catch
the beans. :-)
****************************************************************
I received much more than I expected. You (Tony) are direct
and took questions as they arrived.
- C. Huebner
to a remote island inhabited by primitive natives to sell
their products?
The first salesman, upon arriving on the island immediately
called the head office and demanded to be brought back
after seeing the primitive natives were all barefoot. He said,
"No one wears shoes here! Bring me back!"
The second salesman was the exact opposite.
As soon as he saw the barefoot natives, he immediately
phoned the head office and said, "Everyone's barefoot
here! Send all the shoes you can!"
He saw what the first salesman failed to see - a hidden
market.
Tonight, you'll get to meet this "second salesman".
He's not going to sell you shoes. But he's going to teach
you how you can tap into this "hidden market" that he
found.
We're ta lking about the $8,000 tax credit.
Go here to meet him > http://dodeals.com/go.php?l=TSWS&e=yen372002@yahoo.com
Tony, a 13-year veteran of the real estate industry quickly
sprang into action the moment the government announced
the $8,000 tax credit for first time homebuyers.
His experienced nose immediately smelled a "hidden market"
and he wasted no time uncovering it.
And man, was it a nice warm place filled with cold cash! :-)
And with the Senate voting to extend the tax credit for at
least another 7 months, the "hidden market" just got bigger.
For starters, he found a way to "legally sell" a house but
still keep the deal and create monthly cashflow. (Sounds
confusing? Not after you hear how it's done)
****************************************************************
Y ou (Tony) are very thorough in your explanation and
repeated information as needed until we had a good
understanding.
- N. Porter
****************************************************************
He also found a way to get the IRS to send him $8,000
straight to his checking account for every house he sells.
(If you think the IRS is synonymous to "take your money",
then it's time you found out how they'll send you money!)
It's all anchored on the $8,000 first time homebuyers tax credit.
And he's spilling everything tonight so be ready to catch
the beans. :-)
****************************************************************
I received much more than I expected. You (Tony) are direct
and took questions as they arrived.
- C. Huebner
Make Money in Commercial
How would you like to be part of
only 2% of investors who know
how to play the commercial real
estate market like a fiddle?
Seriously, you can have an edge
over 98% of investors out there.
Think I'm kidding? This is no joke.
Last night I hosted a webinar
with over 500 people like you
exposing the two methods for
commercial success that me,
my students, and team use to
cash BIG checks frequently.
Today I got tons of emails asking
for a replay link (which I NEVER do).
But since the response was so
overwhelming I am going to put
up the replay video.
Watch the video at the link below...
http://www.makemoneyincommercial.com/replay.html
Is there a catch? Yes.
You have to watch the video as
soon as you can because I am
taking it down soon, REALLY soon.
The video is about 90 minutes of
my most effective strategies, how
they work, and how much you can
expect to make using them.
Shut off the cellphone and TV,
and get ready to take notes.
And PLEASE do not forward this
to your friends, family, or co-workers.
I am only doing this for people I
communicate with regularly out of
appreciation and respect, plus all
the emails I got requesting a replay.
Remember, I NEVER do this and
doubt the video will be up long, so
I strongly suggest you watch asap.
Video--> http://www.makemoneyincommercial.com/replay.html
only 2% of investors who know
how to play the commercial real
estate market like a fiddle?
Seriously, you can have an edge
over 98% of investors out there.
Think I'm kidding? This is no joke.
Last night I hosted a webinar
with over 500 people like you
exposing the two methods for
commercial success that me,
my students, and team use to
cash BIG checks frequently.
Today I got tons of emails asking
for a replay link (which I NEVER do).
But since the response was so
overwhelming I am going to put
up the replay video.
Watch the video at the link below...
http://www.makemoneyincommercial.com/replay.html
Is there a catch? Yes.
You have to watch the video as
soon as you can because I am
taking it down soon, REALLY soon.
The video is about 90 minutes of
my most effective strategies, how
they work, and how much you can
expect to make using them.
Shut off the cellphone and TV,
and get ready to take notes.
And PLEASE do not forward this
to your friends, family, or co-workers.
I am only doing this for people I
communicate with regularly out of
appreciation and respect, plus all
the emails I got requesting a replay.
Remember, I NEVER do this and
doubt the video will be up long, so
I strongly suggest you watch asap.
Video--> http://www.makemoneyincommercial.com/replay.html
Flipping Real Estate
When people think about flipping real estate they typically
picture ugly houses that need to be rehabbed.
But there is a whole niche that few people are aware of that
focuses on one thing and one thing only. Luxury homes.
My friend “Coach Pat” specializes in luxury home short
sales and has some unique methods for acquiring and selling them…
without using any of his cash or credit.
I sat down with Pat and interviewed him for about an hour
all about this unique niche of real estate and how he’s getting
paid on these deals today.
You can listen to my interview with him (or print out the
transcript) here…
http://www.reimarketingclub.com/luxury
Here are a few things Coach Pat reveals on this informative
interview...
> How he consistently has a pipeline of anywhere from
18 to 100 pending deals each and every month! (And how he gets
Realtors to bring these deals to him.)
> The techniques he and his students use to often make well over
$100,000 on each luxury home deal they do.
> Exactly how he makes money using a little known concept
called the “Deed in Lieu” which allows him to profit on nearly
ever short sale deal he comes across, even those that do NOT
qualify for a short sale. (This is very unique.)
> The strategies he uses to build a huge network of Realtors who
call on him FIRST when they come across a luxury home short
sale deal. You’ll hear about his network of Realtors who are
consistently bringing six-figure deals.
> All about the “Perfect Storm” this economy has created for
investors willing to take action in the luxury home market.
Again, this informative audio and transcript is free and you can
get it here…
http://www.reimarketingclub.com/luxury
All the best,
Real Estate Investing $200 billion industry
Here's a few of the questions commonly asked about this
$200 billion industry:
Q: So, what is judgment recovery?
A: When one party wins a lawsuit against another, they are
awarded a judgment. That judgment could order the loser
of the suit to do many things, but most frequently it orders
the loser to pay money to the winner of the suit.
Q: How big is the market and what kind of earning potential
is there?
A: The unrecovered judgment market is estimated to be 200
billion dollars with a new judgment every 1.5 seconds in this
country. Many of my students earn as much as $10K/month
working approximately 10 hours a week.
Q: Are there any special licenses required?
A: Absolutely not, if you are the owner of a judgment or obtain
the rights to a judgment, you have every legal right to collect it
without being an attorney or a collection agency.
Q: If this is so profitable, why is this information being made
available to us?
A: The pioneers of the business (our guest tonight) can't be
everywhere at once, so it makes sense to train people like
you in the business. Some will want to partner with our guest
speaker, others will want to venture out and build their own
business. In a virtually untapped $200 billion market, there's
a lot of room with very little competition.
Q: How hard is this?
A: Our speaker has successfully trained people from all walks
of life with varied educational backgrounds. This system provides
everything you need to know to get started in the business
immediately.
Q: Will I have to contact the debtor, the one who owes the money?
A: No. The system teaches you how to do the detective work to
process the judgment. The courts collect the money for you and
write you the check!
Q: How long will it take me to learn?
A: A few hours, and you'll be ready to begin!
private mortgage loans « Remove
private mortgage lending « Remove
commercial mortgage lenders
commercial lenders
commercial bridge loans
commercial truck financing
mortgage lenders
commercial refinance
mortgage loan lenders
second mortgage lenders
commercial mortgage refinance
mortgages sub prime
realestate investment
foreclosed property
foreclosure homes for sale
$200 billion industry:
Q: So, what is judgment recovery?
A: When one party wins a lawsuit against another, they are
awarded a judgment. That judgment could order the loser
of the suit to do many things, but most frequently it orders
the loser to pay money to the winner of the suit.
Q: How big is the market and what kind of earning potential
is there?
A: The unrecovered judgment market is estimated to be 200
billion dollars with a new judgment every 1.5 seconds in this
country. Many of my students earn as much as $10K/month
working approximately 10 hours a week.
Q: Are there any special licenses required?
A: Absolutely not, if you are the owner of a judgment or obtain
the rights to a judgment, you have every legal right to collect it
without being an attorney or a collection agency.
Q: If this is so profitable, why is this information being made
available to us?
A: The pioneers of the business (our guest tonight) can't be
everywhere at once, so it makes sense to train people like
you in the business. Some will want to partner with our guest
speaker, others will want to venture out and build their own
business. In a virtually untapped $200 billion market, there's
a lot of room with very little competition.
Q: How hard is this?
A: Our speaker has successfully trained people from all walks
of life with varied educational backgrounds. This system provides
everything you need to know to get started in the business
immediately.
Q: Will I have to contact the debtor, the one who owes the money?
A: No. The system teaches you how to do the detective work to
process the judgment. The courts collect the money for you and
write you the check!
Q: How long will it take me to learn?
A: A few hours, and you'll be ready to begin!
private mortgage loans « Remove
private mortgage lending « Remove
commercial mortgage lenders
commercial lenders
commercial bridge loans
commercial truck financing
mortgage lenders
commercial refinance
mortgage loan lenders
second mortgage lenders
commercial mortgage refinance
mortgages sub prime
realestate investment
foreclosed property
foreclosure homes for sale
Baby Boomers Reigniting The Housing Market
The battered housing market is getting some help from an unlikely
source: retirees. Baby boomers on the cusp of collecting Social
Security are bringing some much-needed vitality to the real-estate
sector as they capitalize on reduced prices and low mortgage
rates by lining up their next homes a few years early.
Before the crash, older home-buyers were already big players
in the real-estate market, and now their influence is growing.
According to the National Association of Realtors, people over
55 bought 21 percent of the homes that were sold in 2008, up
from 13 percent in 2001.
Now, roughly one out of every four baby boomers owns either a
vacation home, land, or a rental property in addition to the home
that they live in. And some shoppers are looking for transitional
homes that they can vacation in now and settle into when they
are ready to retire.
source: retirees. Baby boomers on the cusp of collecting Social
Security are bringing some much-needed vitality to the real-estate
sector as they capitalize on reduced prices and low mortgage
rates by lining up their next homes a few years early.
Before the crash, older home-buyers were already big players
in the real-estate market, and now their influence is growing.
According to the National Association of Realtors, people over
55 bought 21 percent of the homes that were sold in 2008, up
from 13 percent in 2001.
Now, roughly one out of every four baby boomers owns either a
vacation home, land, or a rental property in addition to the home
that they live in. And some shoppers are looking for transitional
homes that they can vacation in now and settle into when they
are ready to retire.
Fannie Mae Getting Into Home Rental Business
Can't pay the mortgage? You still might be able to stay in your
home. Government-controlled mortgage company Fannie Mae
is going to give borrowers on the verge of foreclosure the option
of renting their homes for a year.
The change announced Thursday could give a temporary break
to thousands of homeowners, but critics question whether it will
only add to the mushrooming losses at the company, which has
received billions in taxpayer money.
The new "Deed for Lease" program will allow homeowners to
transfer title to Fannie Mae and sign a one-year lease, with
potential month-to-month extensions after that. It also helps
save money because the lender doe s not need to complete
the often lengthy and time-consuming foreclosure process.
The program helps "eliminate some of the uncertainty of foreclosure,
keeps families and tenants in their homes during a transitional period,
and helps to stabilize neighborhoods and communities," Jay Ryan,
a Fannie Mae vice president, said in a statement.
It also does less harm to the borrower's credit record.
home. Government-controlled mortgage company Fannie Mae
is going to give borrowers on the verge of foreclosure the option
of renting their homes for a year.
The change announced Thursday could give a temporary break
to thousands of homeowners, but critics question whether it will
only add to the mushrooming losses at the company, which has
received billions in taxpayer money.
The new "Deed for Lease" program will allow homeowners to
transfer title to Fannie Mae and sign a one-year lease, with
potential month-to-month extensions after that. It also helps
save money because the lender doe s not need to complete
the often lengthy and time-consuming foreclosure process.
The program helps "eliminate some of the uncertainty of foreclosure,
keeps families and tenants in their homes during a transitional period,
and helps to stabilize neighborhoods and communities," Jay Ryan,
a Fannie Mae vice president, said in a statement.
It also does less harm to the borrower's credit record.
$6,500 Tax Credit For Current Homeowners Coming Soon
$6,500 Tax Credit For Current Homeowners Coming Soon
The House of Representatives today overwhelmingly (403-12)
passed the initiative, which also extends the $8,000 tax credit
for first-time homebuyers until April 30, 2010.
President Barack Obama is expected to officially sign off on
the legislation before the upcoming weekend.
So what’s it all mean?
Essentially, if you have been living in your current home for at
least five consecutive years (and you own it, of course), the
federal government will reward you with up to $6,500 to purchase
a new home. However, you must close on the new house no later
than June 30, 2010, to receive the bonus.
It’s a great incentive for empty nesters, downsizers, upgraders
and basically anyone else who wants to relocate or enjoy a
change of scenery … and get rewarded for it.
The House of Representatives today overwhelmingly (403-12)
passed the initiative, which also extends the $8,000 tax credit
for first-time homebuyers until April 30, 2010.
President Barack Obama is expected to officially sign off on
the legislation before the upcoming weekend.
So what’s it all mean?
Essentially, if you have been living in your current home for at
least five consecutive years (and you own it, of course), the
federal government will reward you with up to $6,500 to purchase
a new home. However, you must close on the new house no later
than June 30, 2010, to receive the bonus.
It’s a great incentive for empty nesters, downsizers, upgraders
and basically anyone else who wants to relocate or enjoy a
change of scenery … and get rewarded for it.
Real Estate Profit-Strategy
I'm confident you'll agree that what I'm about to share is pretty exciting and might be one of the easiest, most attractive ways to create fast profits in real estate.
Here's a brief video that teaches a little known secret using the #1 online auction site to help you buy properties for just hundreds of dollars and then turn around to sell for thousands -- without leaving your desk. Watch it now:
http://www.richardroop.com/jacks-profit-strategy
As you'll see, this strategy earned Jack Bosch $11 for every $1 invested buying these deals just by sending out a "magic" letter to... only 100 people. He got back his initial investment after selling the first 3 properties -- so the other 32 properties became -- pure profit!
Jack did this all in the comfort of his office *without* ever seeing the properties and used an insanely simple online selling system to cash out quickly.
This is the 2nd training video Jack just released and you'll also be able to watch the 1st one he already posted on Friday.
I've known Jack for some time now but first meet him in person at a marketing conference I put on in May. He told me about this strategy for buying free and clear deals at pennies on the dollar and I *instantly* knew it was something I want to learn, use and if it was all he said it was, share with my subscribers and members.
After you watch the video be sure to grab your copy of his "Land Profit Manifesto." I just downloaded it myself. It's Jack's ground breaking report on how you can take advantage of this little known and highly profitable niche in real estate.
Here's a brief video that teaches a little known secret using the #1 online auction site to help you buy properties for just hundreds of dollars and then turn around to sell for thousands -- without leaving your desk. Watch it now:
http://www.richardroop.com/jacks-profit-strategy
As you'll see, this strategy earned Jack Bosch $11 for every $1 invested buying these deals just by sending out a "magic" letter to... only 100 people. He got back his initial investment after selling the first 3 properties -- so the other 32 properties became -- pure profit!
Jack did this all in the comfort of his office *without* ever seeing the properties and used an insanely simple online selling system to cash out quickly.
This is the 2nd training video Jack just released and you'll also be able to watch the 1st one he already posted on Friday.
I've known Jack for some time now but first meet him in person at a marketing conference I put on in May. He told me about this strategy for buying free and clear deals at pennies on the dollar and I *instantly* knew it was something I want to learn, use and if it was all he said it was, share with my subscribers and members.
After you watch the video be sure to grab your copy of his "Land Profit Manifesto." I just downloaded it myself. It's Jack's ground breaking report on how you can take advantage of this little known and highly profitable niche in real estate.
Opportunity Knocks
While recent months have seen positive reports for residential real estate, new research shows that commercial real estate has not hit bottom yet. With the worst decline in commercial real estate since the Great Depression plaguing the industry there are some positives.
While commercial real estate markets are expected to continue their decline into the middle of 2010, it appears that a turn around can be expected in the early part of 2011. The great news for investors is that this means that opportunities will begin to expose themselves in the middle of 2010.
For investors looking to make a shift from residential to commercial, this may be the window of opportunity many have been searching. Just as a huge opportunity in residential investment property has been available in the past 12 to 24 months, the next 12 to 18 months may expose potentially profitable ventures in the area of commercial property.
Warnings
The next couple of years will continue to be a bumpy ride for commercial real estate so people looking to make the transition must be prepared. While there will be some great prices on property, investors need to be prepared for occupancy rates in the 70-75% range.
Vacancies in Multi-Family may be the highest. With the huge number of properties in foreclosure and with fewer people qualifying to purchase, many are opting to rent … and they are renting houses rather than apartments. Apartment communities in urban markets will fair better than those in suburban markets.
Right now office is being hit the hardest. The ‘C’ classification of office space shows the most promise. As the economy recovers and new businesses are begun entrepreneurs traditionally seek out lower cost office spaces and C-class space tends to recover first.
The bottom line is this; investors will have a great opportunity over the next 12 months. The second wave is hitting now. Well positioned and well capitalized investors and investment teams can take advantage of the market and make huge profits over the next 5-10 years.
Be well capitalized, be prepared to have above average vacancy rates and you could be in the game for the long haul an be in a very good position in the future.
While commercial real estate markets are expected to continue their decline into the middle of 2010, it appears that a turn around can be expected in the early part of 2011. The great news for investors is that this means that opportunities will begin to expose themselves in the middle of 2010.
For investors looking to make a shift from residential to commercial, this may be the window of opportunity many have been searching. Just as a huge opportunity in residential investment property has been available in the past 12 to 24 months, the next 12 to 18 months may expose potentially profitable ventures in the area of commercial property.
Warnings
The next couple of years will continue to be a bumpy ride for commercial real estate so people looking to make the transition must be prepared. While there will be some great prices on property, investors need to be prepared for occupancy rates in the 70-75% range.
Vacancies in Multi-Family may be the highest. With the huge number of properties in foreclosure and with fewer people qualifying to purchase, many are opting to rent … and they are renting houses rather than apartments. Apartment communities in urban markets will fair better than those in suburban markets.
Right now office is being hit the hardest. The ‘C’ classification of office space shows the most promise. As the economy recovers and new businesses are begun entrepreneurs traditionally seek out lower cost office spaces and C-class space tends to recover first.
The bottom line is this; investors will have a great opportunity over the next 12 months. The second wave is hitting now. Well positioned and well capitalized investors and investment teams can take advantage of the market and make huge profits over the next 5-10 years.
Be well capitalized, be prepared to have above average vacancy rates and you could be in the game for the long haul an be in a very good position in the future.
Commercial Property WANTED For Master lease option
Let Us Master Lease Option Your Headache!
You Get Instant Relief
Continue to receive monthly income. Only 1 tenant....US!
We assume total responsibility concerning the property. No More Calls to
repair, etc.
The future purchase price and the length of the option to purchase predetermined.
No more Haggling over Pennies!
You are free to pursue other ventures
Call -903-261-2150
msubevans@gmail.com
Special consideration for
Self-Storage Facility
Multi-Family
Multi-office
Mixed Use
Mobile Home Park
Senior Living (non assisted)
Let Us Master Lease Option Your Headache!
You Get Instant Relief
Continue to receive monthly income. Only 1 tenant....US!
We assume total responsibility concerning the property. No More Calls to
repair, etc.
The future purchase price and the length of the option to purchase predetermined.
No more Haggling over Pennies!
You are free to pursue other ventures
Call -903-261-2150
msubevans@gmail.com
Special consideration for
Self-Storage Facility
Multi-Family
Multi-office
Mixed Use
Mobile Home Park
Senior Living (non assisted)
REAL Estate Investing Secrets
This is the REAL Secret to how he's able
to do 30-40 deals per month.
Hint... COPY what he show's you in the
video because it WORKS!
2. I just posted an interview I did with
Jack on Monday for my Inner Circle Members.
It's over 70 minutes of me just asking Jack
questions...NO SELLING!
In it he reveals exactly how many deals
you do to say good bye to your debt.
( Remember, he's getting these properties
for as little as $100 EACH! )
Then he shares how he makes vacant land
generate monthly cash flow and how many
deals like that you do to say good bye
to your JOB...
When Jack came to the U.S. from Germany
in 2002, he had debt and a job.
With the unique investing system he created,
he was able to GET RID of his debt and his
job.
In this 70 minute interview I get him
to give up the exact numbers that you
can follow to do it for yourself!
BUT, this interview is right now only
avialable to my Inner Circle Members!
Soooo, simply go to...
commercial mortgage lenders
commercial lenders
commercial bridge loans
commercial truck financing
mortgage lenders
commercial refinance
mortgage loan lenders
second mortgage lenders
commercial mortgage refinance
mortgages sub prime
realestate investment
foreclosed property
foreclosure homes for sale
to do 30-40 deals per month.
Hint... COPY what he show's you in the
video because it WORKS!
2. I just posted an interview I did with
Jack on Monday for my Inner Circle Members.
It's over 70 minutes of me just asking Jack
questions...NO SELLING!
In it he reveals exactly how many deals
you do to say good bye to your debt.
( Remember, he's getting these properties
for as little as $100 EACH! )
Then he shares how he makes vacant land
generate monthly cash flow and how many
deals like that you do to say good bye
to your JOB...
When Jack came to the U.S. from Germany
in 2002, he had debt and a job.
With the unique investing system he created,
he was able to GET RID of his debt and his
job.
In this 70 minute interview I get him
to give up the exact numbers that you
can follow to do it for yourself!
BUT, this interview is right now only
avialable to my Inner Circle Members!
Soooo, simply go to...
commercial mortgage lenders
commercial lenders
commercial bridge loans
commercial truck financing
mortgage lenders
commercial refinance
mortgage loan lenders
second mortgage lenders
commercial mortgage refinance
mortgages sub prime
realestate investment
foreclosed property
foreclosure homes for sale
Real Estate Investing in Multi-family
Today I want to give you another audio interview (and the
transcripts) that I think you'll enjoy and find extremely
profitable.
This time it's with my friend Lance Edwards who specializes in
"flipping" apartment complexes.
With the current housing market, apartments are seeing a surge in
tenant occupancy as more and more people facing foreclosure on
their houses are moving into apartments.
What's great is very few investors know the ins and outs of
flipping apartment complexes (they mistakenly assume it's difficult
or expensive) so this is a great opportunity for the few people who
choose to educate themselves.
You can listen to the free interview (or printout the transcripts)
here:
Here are some of the things you'll hear in this interview
> Why you will find practically zero competition flipping
apartment complexes.
> Why you don't need any of your own money or good credit to
begin investing in apartment complexes. (And why the banks don't
even look at your credit score when you invest in multi-family
deals.)
> How finding property management is actually EASIER in
multi-family Investing.
> How Lance successfully flips apartment units for big checks. (And
why this niche is full of highly-motivated sellers.)
> Lance's best methods of locating private money to fund the deals.
> Lance's techniques to build relationships with commercial
brokers, who will find and bring deals to you.
You can listen to the interview and/or download the transcripts at
the link below. (This is free information for you and NOTHING is being
sold.)
http://www.reimarketingclub.com/apt
All the best,
commercial mortgage lenders
commercial lenders
commercial bridge loans
commercial truck financing
mortgage lenders
commercial refinance
mortgage loan lenders
second mortgage lenders
commercial mortgage refinance
mortgages sub prime
realestate investment
foreclosed property
foreclosure homes for sale
transcripts) that I think you'll enjoy and find extremely
profitable.
This time it's with my friend Lance Edwards who specializes in
"flipping" apartment complexes.
With the current housing market, apartments are seeing a surge in
tenant occupancy as more and more people facing foreclosure on
their houses are moving into apartments.
What's great is very few investors know the ins and outs of
flipping apartment complexes (they mistakenly assume it's difficult
or expensive) so this is a great opportunity for the few people who
choose to educate themselves.
You can listen to the free interview (or printout the transcripts)
here:
Here are some of the things you'll hear in this interview
> Why you will find practically zero competition flipping
apartment complexes.
> Why you don't need any of your own money or good credit to
begin investing in apartment complexes. (And why the banks don't
even look at your credit score when you invest in multi-family
deals.)
> How finding property management is actually EASIER in
multi-family Investing.
> How Lance successfully flips apartment units for big checks. (And
why this niche is full of highly-motivated sellers.)
> Lance's best methods of locating private money to fund the deals.
> Lance's techniques to build relationships with commercial
brokers, who will find and bring deals to you.
You can listen to the interview and/or download the transcripts at
the link below. (This is free information for you and NOTHING is being
sold.)
http://www.reimarketingclub.com/apt
All the best,
commercial mortgage lenders
commercial lenders
commercial bridge loans
commercial truck financing
mortgage lenders
commercial refinance
mortgage loan lenders
second mortgage lenders
commercial mortgage refinance
mortgages sub prime
realestate investment
foreclosed property
foreclosure homes for sale
Friday, November 13, 2009
tax deductions tax savings
One of the biggest advantages of having a home-
based business is the tax deductions for your
start-up expenses like education and supplies.
Even if you haven't made a dime yet in income!
These tax savings can be a major windfall
for you this year.
But you have to know how to it properly
and legally. And you need to act before
the end of the year is up to put everything
in place.
I've invited the leading entity and tax
expert for real estate entrepreneurs to
teach you how to save THOUSANDS.
You need to be deducting all of your
business expenses right now. This is one
of the last great loop holes.
Uncle Sam needs you to get out there
and be an entrepreneur. That's why they
reward us with huge tax breaks.
Even if you haven't yet done a deal
or made any money in your new business.
Take action NOW. One idea from Thursday
can save your you know what.
One of the most popular questions is,
"How do I set up my entity?" And on
Thursday you are going to learn how to do
it from a national expert.
Plus learn how to deduct every seminar and
start-up expense in 2009 and earn a windfall
in tax savings:
based business is the tax deductions for your
start-up expenses like education and supplies.
Even if you haven't made a dime yet in income!
These tax savings can be a major windfall
for you this year.
But you have to know how to it properly
and legally. And you need to act before
the end of the year is up to put everything
in place.
I've invited the leading entity and tax
expert for real estate entrepreneurs to
teach you how to save THOUSANDS.
You need to be deducting all of your
business expenses right now. This is one
of the last great loop holes.
Uncle Sam needs you to get out there
and be an entrepreneur. That's why they
reward us with huge tax breaks.
Even if you haven't yet done a deal
or made any money in your new business.
Take action NOW. One idea from Thursday
can save your you know what.
One of the most popular questions is,
"How do I set up my entity?" And on
Thursday you are going to learn how to do
it from a national expert.
Plus learn how to deduct every seminar and
start-up expense in 2009 and earn a windfall
in tax savings:
Commercial Real Estate Projects.
If you need funding for Commercial Real Estate, and have run into nothing but
dead ends.. make sure you read every single word of this email...
The Government has allocated billions of dollars to stimulate the economy and
I recently discovered a fast track to getting you millions of dollars for your Commercial Real Estate Projects.
Through a connection with a friend of mine who works for the SBA, you can get huge amounts
of money for various Commercial Projects, even Mobile Home Parks in some cases.
BTW- If you want to get a Mobile Home Park, I invited
Frank Rolfe and Dave Reynolds back to do another webinar, since the one
they did 2 weeks ago crashed because I let too many people in to see it. Put
your mouse over the link below to register for the webinar and to find out more
about the Stimulus Money.
dead ends.. make sure you read every single word of this email...
The Government has allocated billions of dollars to stimulate the economy and
I recently discovered a fast track to getting you millions of dollars for your Commercial Real Estate Projects.
Through a connection with a friend of mine who works for the SBA, you can get huge amounts
of money for various Commercial Projects, even Mobile Home Parks in some cases.
BTW- If you want to get a Mobile Home Park, I invited
Frank Rolfe and Dave Reynolds back to do another webinar, since the one
they did 2 weeks ago crashed because I let too many people in to see it. Put
your mouse over the link below to register for the webinar and to find out more
about the Stimulus Money.
Phoenix Real Estate Market Report
Overall Market. There were 7,999 closings in the month of October, an increase of 3.2% over the previous month. With 37,902 active listings currently on the market, this gives us an absorption or market supply of approximately 4.7 months worth of homes on the market.
Phoenix. There were 2,147 closings in the month of October, an increase of 4.9% over the previous month. With 8,496 active listings currently on the market, this gives us approximately 4.0 months worth of homes on the market.
West Valley. There were 2,173 closings in the month of October, a decrease of 3.4% over the previous month. With 8,238 active listings currently on the market, this gives us approximately 3.8 months worth of homes on the market.
NE Valley. There were 684 closings in the month of October, an increase of 0.3% over the previous month. With 6,601 active listings currently on the market, this gives us approximately 9.7 months worth of homes on the market.
SE Valley. There were 2,114 closings in the month of October, a increase of 3.1% over the previous month. With 8,783 active listings currently on the market, this gives us approximately 4.2 months worth of homes on the market.
Scottsdale over $1m. There were 40 closings in the month of October, an decrease of -9.1% over the previous month. With 1,110 active listings currently on the market, this gives us approximately 27.8 months worth of homes on the market.
Scottsdale under $1m. There were 519 closings in the month of October, an increase of 5.7% over the previous month. With 3,702 active listings currently on the market, this gives us approximately 7.3 months worth of homes on the market.
Paradise Valley. There were 26 closings in the month of October, a decrease of -3.7% over the previous month. With 522 active listings currently on the market, this gives us approximately 20.1 months worth of homes on the market.
***The information contained in this report is provided by the Phoenix Multiple Listing Service and all statistical figures are factual. The comparisons of current active listings are based on the current inventory as of October 31, 2009. The absorption calculation is based on dividing the number of active listings by the number of property sold over a one month period. This data includes single family detached homes, patio homes, condos, and town homes.***
***Phoenix is searched as a single entity. The West Valley is Surprise, Peoria, Sun City, Glendale, El Mirage, Youngtown, Litchfield Park, Avondale, Goodyear, Buckeye, and Tolleson. NE Valley is Scottsdale, Paradise Valley, Fountain Hills, Cave Creek, and Carefree. SE Valley is Tempe, Mesa, Gilbert, Apache Junction, Queen Creek, and Chandler.***
Overall Phoenix Market Statistics (Demand)
Monthly Report (2009)
The statistics below are based on trailing twelve month average from November 2008 to October 2009 which shows the activity in the market over twelve months. As indicated in the chart below, the average sold price increased four consecutive months since March before decreasing slightly in August but increasing once again in September near the January high of $180,000. In addition, the average days on market has decreased -29.9% since March, as shown on the chart below. It appears the market has bottomed out since March of 2009, expect for the holiday months. Due to the holiday months, we will see a slight decrease in the average sold price, the number of transaction and possibly an increase in the number of days on market. Once the holiday seasons are over, the market should show signs of increasing momentum.
Phoenix. There were 2,147 closings in the month of October, an increase of 4.9% over the previous month. With 8,496 active listings currently on the market, this gives us approximately 4.0 months worth of homes on the market.
West Valley. There were 2,173 closings in the month of October, a decrease of 3.4% over the previous month. With 8,238 active listings currently on the market, this gives us approximately 3.8 months worth of homes on the market.
NE Valley. There were 684 closings in the month of October, an increase of 0.3% over the previous month. With 6,601 active listings currently on the market, this gives us approximately 9.7 months worth of homes on the market.
SE Valley. There were 2,114 closings in the month of October, a increase of 3.1% over the previous month. With 8,783 active listings currently on the market, this gives us approximately 4.2 months worth of homes on the market.
Scottsdale over $1m. There were 40 closings in the month of October, an decrease of -9.1% over the previous month. With 1,110 active listings currently on the market, this gives us approximately 27.8 months worth of homes on the market.
Scottsdale under $1m. There were 519 closings in the month of October, an increase of 5.7% over the previous month. With 3,702 active listings currently on the market, this gives us approximately 7.3 months worth of homes on the market.
Paradise Valley. There were 26 closings in the month of October, a decrease of -3.7% over the previous month. With 522 active listings currently on the market, this gives us approximately 20.1 months worth of homes on the market.
***The information contained in this report is provided by the Phoenix Multiple Listing Service and all statistical figures are factual. The comparisons of current active listings are based on the current inventory as of October 31, 2009. The absorption calculation is based on dividing the number of active listings by the number of property sold over a one month period. This data includes single family detached homes, patio homes, condos, and town homes.***
***Phoenix is searched as a single entity. The West Valley is Surprise, Peoria, Sun City, Glendale, El Mirage, Youngtown, Litchfield Park, Avondale, Goodyear, Buckeye, and Tolleson. NE Valley is Scottsdale, Paradise Valley, Fountain Hills, Cave Creek, and Carefree. SE Valley is Tempe, Mesa, Gilbert, Apache Junction, Queen Creek, and Chandler.***
Overall Phoenix Market Statistics (Demand)
Monthly Report (2009)
The statistics below are based on trailing twelve month average from November 2008 to October 2009 which shows the activity in the market over twelve months. As indicated in the chart below, the average sold price increased four consecutive months since March before decreasing slightly in August but increasing once again in September near the January high of $180,000. In addition, the average days on market has decreased -29.9% since March, as shown on the chart below. It appears the market has bottomed out since March of 2009, expect for the holiday months. Due to the holiday months, we will see a slight decrease in the average sold price, the number of transaction and possibly an increase in the number of days on market. Once the holiday seasons are over, the market should show signs of increasing momentum.
Here it is:Short Sale Autopilot Case Studies
The specific strategy these folks have used works like this:
Step 1: Have real estate agent(s) find short sale deals for you
Step 2: Have the real estate agent(s) find a buyer for that deal
Step 3: Simultaneously, negotiate the short sale with the bank... or better yet, have someone who has a lot of short sale experience do it for you
(Important: The real estate agent(s) and other professionals handle the time-consuming and expensive details like showing the house, doing the marketing, preparing the buyer & seller, and negotiating the short sale - none of these things are your responsibility.)
Step 4: If the buyer gets financed, you collect your check for the difference (5-digit checks are quite common with this strategy). If the buyer does not get financed, you have your agent unwind the deal and move on to the next one - nothing lost.
Here: Info & Instant Registration For Short Sale Autopilot Case Studies Training
Like I said, you're going to hear directly from some real people who are doing this. Not just pictures on a screen - you'll hear their voices and learn about why they succeeded. You'll also get to learn the reasons that they had fear to begin with, and what happened to overcome those fears and actually create real income.
What you're going to enjoy tonight at 9:00 PM ET is a sincere and legitimate educational experience. You'll do well to join us, so please consider this my invitation to you! Here it is:
Step 1: Have real estate agent(s) find short sale deals for you
Step 2: Have the real estate agent(s) find a buyer for that deal
Step 3: Simultaneously, negotiate the short sale with the bank... or better yet, have someone who has a lot of short sale experience do it for you
(Important: The real estate agent(s) and other professionals handle the time-consuming and expensive details like showing the house, doing the marketing, preparing the buyer & seller, and negotiating the short sale - none of these things are your responsibility.)
Step 4: If the buyer gets financed, you collect your check for the difference (5-digit checks are quite common with this strategy). If the buyer does not get financed, you have your agent unwind the deal and move on to the next one - nothing lost.
Here: Info & Instant Registration For Short Sale Autopilot Case Studies Training
Like I said, you're going to hear directly from some real people who are doing this. Not just pictures on a screen - you'll hear their voices and learn about why they succeeded. You'll also get to learn the reasons that they had fear to begin with, and what happened to overcome those fears and actually create real income.
What you're going to enjoy tonight at 9:00 PM ET is a sincere and legitimate educational experience. You'll do well to join us, so please consider this my invitation to you! Here it is:
Real Estate "private lending secrets
Last night's training on "private lending secrets
revealed" was awesome. We packed the call with tons of
powerful strategies for finding and acquiring private money
quickly. We even gave away our private lender presentation
($1000).
As promised, nothing was sold on this call. It was 100%
training.
We've received many requests for a replay of the training.
As I stated in my email yesterday, the call was NOT recorded
and there is NOT a replay available.
You need to attend these events live when we have them. Put
them on your calendar and remind yourself about them because
these calls will take your business to the next level. When
you register, make sure you give us your cell phone number
and we'll be happy to send you a text reminder.
Today’s tip is about building your buyer's List in the
shortest time possible:
Here’s the key you must know to be successful in real
estate investing, especially in today’s buyer’s market.
It’s building a list of hungry, cash waving buyers ready
and happily waiting in line for every deal you have to offer.
Frankly, buying cheap properties today is the easy part.
But being able to sell fast is the magical golden key to
big profit*s today.
Watch this video and learn how to build a MASSIVE response
list of buyers who are willing to pay top dollar for your
deals…
In the video you’ll hear first hand from someone who’s built
a HUGE list of hungry buyers (over 21,000) and sells 30 to 40
properties each and every month like clockwork.
He does it all on autopilot, and has
even sold 3 properties just by sending one email –
(He creates cash just from a few clicks of the mouse.)
Wouldn’t you like to have dozens, even hundreds of
highly-qualified buyers waving money at you fighting over
every deal you do?
Watch him reveal how to sell houses in today’s *weird*
market.
revealed" was awesome. We packed the call with tons of
powerful strategies for finding and acquiring private money
quickly. We even gave away our private lender presentation
($1000).
As promised, nothing was sold on this call. It was 100%
training.
We've received many requests for a replay of the training.
As I stated in my email yesterday, the call was NOT recorded
and there is NOT a replay available.
You need to attend these events live when we have them. Put
them on your calendar and remind yourself about them because
these calls will take your business to the next level. When
you register, make sure you give us your cell phone number
and we'll be happy to send you a text reminder.
Today’s tip is about building your buyer's List in the
shortest time possible:
Here’s the key you must know to be successful in real
estate investing, especially in today’s buyer’s market.
It’s building a list of hungry, cash waving buyers ready
and happily waiting in line for every deal you have to offer.
Frankly, buying cheap properties today is the easy part.
But being able to sell fast is the magical golden key to
big profit*s today.
Watch this video and learn how to build a MASSIVE response
list of buyers who are willing to pay top dollar for your
deals…
In the video you’ll hear first hand from someone who’s built
a HUGE list of hungry buyers (over 21,000) and sells 30 to 40
properties each and every month like clockwork.
He does it all on autopilot, and has
even sold 3 properties just by sending one email –
(He creates cash just from a few clicks of the mouse.)
Wouldn’t you like to have dozens, even hundreds of
highly-qualified buyers waving money at you fighting over
every deal you do?
Watch him reveal how to sell houses in today’s *weird*
market.
Fellow Real Estate Broker..
Fellow Broker..
Last email I sent to you I talked about why
the best tool (or secret) for Commercial
Real Estate Brokerage Success is taking
reps at it – actually DOING it – and getting
your hands dirty – many times actually –
will result in success.
But as you are doing this what are the things
that you need to avoid…
Paralysis. Many of my folks are in this
mode. Constantly analyzing markets and property and not
taking action. I have told many of you about
my experience with MERV. Merv is the guy
that likes to analyzet property and never try to get the business –
he has been a ‘looker’ for 7 years. Always
afraid to commit. Never be a Merv.
Letting Others Influence You. Look,
it is always good to get others opinions but
make sure they are qualified. In other words
if I would have listened to my mother in law
over the years I would still be working at the
prison as a prison guard. Make sure you
do not get too deep into what other are
saying or thinking.
Making Excuses. This is like #1
above but you come up wth a variety of
reasons why you have not taken action
yet. This takes inner exploration and
honesty on your part. Is there a REAL
REASON why you have not taken action
yet and achieved your goals? Be honest with yourself.
Anymore its not enough just to take the
first few steps. That IS admirable – now
you need to take it further and get out
of your comfort zone.
Bottom line is the more of a MESS YOU
MAKE it is true the MORE of A MESS
YOU WILL HAVE BUT YOU WILL ALSO
HAVE MORE – MUCH MORE – OPPORTUNITY!!
More Later..
Last email I sent to you I talked about why
the best tool (or secret) for Commercial
Real Estate Brokerage Success is taking
reps at it – actually DOING it – and getting
your hands dirty – many times actually –
will result in success.
But as you are doing this what are the things
that you need to avoid…
Paralysis. Many of my folks are in this
mode. Constantly analyzing markets and property and not
taking action. I have told many of you about
my experience with MERV. Merv is the guy
that likes to analyzet property and never try to get the business –
he has been a ‘looker’ for 7 years. Always
afraid to commit. Never be a Merv.
Letting Others Influence You. Look,
it is always good to get others opinions but
make sure they are qualified. In other words
if I would have listened to my mother in law
over the years I would still be working at the
prison as a prison guard. Make sure you
do not get too deep into what other are
saying or thinking.
Making Excuses. This is like #1
above but you come up wth a variety of
reasons why you have not taken action
yet. This takes inner exploration and
honesty on your part. Is there a REAL
REASON why you have not taken action
yet and achieved your goals? Be honest with yourself.
Anymore its not enough just to take the
first few steps. That IS admirable – now
you need to take it further and get out
of your comfort zone.
Bottom line is the more of a MESS YOU
MAKE it is true the MORE of A MESS
YOU WILL HAVE BUT YOU WILL ALSO
HAVE MORE – MUCH MORE – OPPORTUNITY!!
More Later..
"Short Sales”
This is your opportunity to learn some of the very essential techniques needed to form a land trust for each of properties. Why? Here are just a few of the over 40 reasons to form and use an Illinois Type Land Trust for each of your properties:
1) Keep your property ownership private from the public
2) Buy and Sell property with ease of transfer and with no public notice
3) Buy from Banks and Sellers without your competitors knowing
4) Buy “Short Sales” and “Sub To” deals with ease and low cost
5) Move ownership without fees and transfer taxes
6) Avoid real estate tax re-assessments from a sale
1) Keep your property ownership private from the public
2) Buy and Sell property with ease of transfer and with no public notice
3) Buy from Banks and Sellers without your competitors knowing
4) Buy “Short Sales” and “Sub To” deals with ease and low cost
5) Move ownership without fees and transfer taxes
6) Avoid real estate tax re-assessments from a sale
Wednesday, November 11, 2009
Real Estate Home values stabilizing
Real estate website Zillow.com said real estate home values in the United States stabilized in the third quarter and fewer mortgages were "underwater," but impending foreclosures could threaten to delay a real estate housing market recovery. According to the recent quarter's Zillow Real Estate Market Report, which encompass the national data and 156 metropolitan areas, the number of single-family real estate homes with mortgages underwater, or in negative equity, dipped to 21 percent in the third quarter, down from 23 percent in the second quarter, as home values stabilized in the short term and more underwater homeowners lost their homes to foreclosure.
Negative equity has been one of the biggest problems for homeowners, disqualifying many from home loan refinancing and preventing them from selling their homes. U.S. home values posted their 11th consecutive quarterly decline, falling 6.9 percent year-over-year to a Zillow Home Value Index of $190,400. But the rate of year-over-year decline shrank for the third quarter in a row, meaning home values did not decline as dramatically compared with the third quarter of 2008 as they did in the second or the first quarters. In addition, the Zillow Home Value Index, which measures the value of all homes and not just those that sold in a particular period, remained relatively flat in the short term, declining 0.4 percent from the end of the second quarter to the end of the third. "The next several months will be critical to the housing market," Stan Humphries, Zillow chief economist, said. "Previously, we'd been expecting to see increasing foreclosure rates during the real estate market's slow winter season, a confluence of events that would likely drive inventory up and prices down."
commercial mortgage lenders
commercial lenders
commercial bridge loans
commercial truck financing
mortgage lenders
commercial refinance
mortgage loan lenders
second mortgage lenders
commercial mortgage refinance
mortgages sub prime
realestate investment
foreclosed property
foreclosure homes for sale
Negative equity has been one of the biggest problems for homeowners, disqualifying many from home loan refinancing and preventing them from selling their homes. U.S. home values posted their 11th consecutive quarterly decline, falling 6.9 percent year-over-year to a Zillow Home Value Index of $190,400. But the rate of year-over-year decline shrank for the third quarter in a row, meaning home values did not decline as dramatically compared with the third quarter of 2008 as they did in the second or the first quarters. In addition, the Zillow Home Value Index, which measures the value of all homes and not just those that sold in a particular period, remained relatively flat in the short term, declining 0.4 percent from the end of the second quarter to the end of the third. "The next several months will be critical to the housing market," Stan Humphries, Zillow chief economist, said. "Previously, we'd been expecting to see increasing foreclosure rates during the real estate market's slow winter season, a confluence of events that would likely drive inventory up and prices down."
commercial mortgage lenders
commercial lenders
commercial bridge loans
commercial truck financing
mortgage lenders
commercial refinance
mortgage loan lenders
second mortgage lenders
commercial mortgage refinance
mortgages sub prime
realestate investment
foreclosed property
foreclosure homes for sale
Flipping" Real Estate Apartment Complexes.
Today I want to give you another audio interview (and the
transcripts) that I think you'll enjoy and find extremely
profitable.
This time it's with my friend Lance Edwards who specializes in
"flipping" real estate apartment complexes.
With the current housing market, apartments are seeing a surge in
tenant occupancy as more and more people facing foreclosure on
their houses are moving into real estate apartments.
What's great is very few investors know the ins and outs of
flipping apartment complexes (they mistakenly assume it's difficult
or expensive) so this is a great opportunity for the few people who
choose to educate themselves.
You can listen to the free interview (or printout the transcripts)
here:
http://www.reimarketingclub.com/apt
Here are some of the things you'll hear in this interview
> Why you will find practically zero competition flipping real estate
apartment complexes.
> Why you don't need any of your own money or good credit to
begin investing in apartment complexes. (And why the banks don't
even look at your credit score when you invest in real estate multi-family
deals.)
> How finding real estate property management is actually EASIER in
multi-family Investing.
> How Lance successfully flips real estate apartment units for big checks. (And
why this niche is full of highly-motivated sellers.)
> Lance's best methods of locating private money to fund the deals.
> Lance's techniques to build relationships with commercial real estate
brokers, who will find and bring deals to you.
You can listen to the interview and/or download the transcripts at
the link below. (http://www.reimarketingclub.com/apt
transcripts) that I think you'll enjoy and find extremely
profitable.
This time it's with my friend Lance Edwards who specializes in
"flipping" real estate apartment complexes.
With the current housing market, apartments are seeing a surge in
tenant occupancy as more and more people facing foreclosure on
their houses are moving into real estate apartments.
What's great is very few investors know the ins and outs of
flipping apartment complexes (they mistakenly assume it's difficult
or expensive) so this is a great opportunity for the few people who
choose to educate themselves.
You can listen to the free interview (or printout the transcripts)
here:
http://www.reimarketingclub.com/apt
Here are some of the things you'll hear in this interview
> Why you will find practically zero competition flipping real estate
apartment complexes.
> Why you don't need any of your own money or good credit to
begin investing in apartment complexes. (And why the banks don't
even look at your credit score when you invest in real estate multi-family
deals.)
> How finding real estate property management is actually EASIER in
multi-family Investing.
> How Lance successfully flips real estate apartment units for big checks. (And
why this niche is full of highly-motivated sellers.)
> Lance's best methods of locating private money to fund the deals.
> Lance's techniques to build relationships with commercial real estate
brokers, who will find and bring deals to you.
You can listen to the interview and/or download the transcripts at
the link below. (http://www.reimarketingclub.com/apt
Top Seven Short Sales Investment Dangers
Dumb real estate investing decisions are certainly not limited to short sales; just one look at the shattered remains of millions of portfolios testifies only all too well to that fact. Nonetheless, it is still prudent to ponder the top seven real estate investment dangers lurking in the psyche of the average Joe or Jane. It is likely to make the difference between becoming a savvy short sale investor versus a complete short sale sucker.
1. Self Attribution Bias. Psychology has long recognized the tendency for investors to attribute success to ourselves while simultaneously blaming losses on others or outside influences. Learn to recognize a little luck when it comes your way and take responsibility no matter what happens...in the long run, you will find that more control is comforting.
2. Prospect Theory. This largely irrational desire to sell highly appreciating properties to 'lock in profits' while holding under-performing properties until they get back to their former high. Don't be afraid to let go of a bad property and don't always be in a hurry to pay taxes on gains from a productive property.
3. Overestimation. While there is nothing wrong with performing a "best case" scenario be sure you have a "worst case" scenario sitting right beside; keep it real.
4. Case Study Conclusions. Don't rely upon case studies, testimonials or even research compiled from small numbers; realize it for what it is...possibility but not probable outcomes.
5. Testosterone Effect. Before you begin screaming gender bias,
we aren't making this up! The testosterone effect is so named because men tend to buy/sell and trade stocks far more often than women. They also tend to make more snap judgments and take greater risks. This is true of all investments including short sales; don't automatically sell simply because you can. Take a look at the long term potential as well.
6. Hindsight Effect. You have heard it before but it's worth repeating...do not base expectations of future profits on past results. Markets are "mean reverting" and tend toward a real estate homeostatic position over the long haul....a fact that should make every short sale investor tremble with delight given the current market.
7. Hollywood Effect. Don't do it because everyone else is doing it..do it because it makes sense. Don't buy in a specific area simply because you heard it in the media...buy because you know the fundamentals. The media exerts an undue amount of influence on novice investors - learn to use that to your advantage.
See you at the top!
1. Self Attribution Bias. Psychology has long recognized the tendency for investors to attribute success to ourselves while simultaneously blaming losses on others or outside influences. Learn to recognize a little luck when it comes your way and take responsibility no matter what happens...in the long run, you will find that more control is comforting.
2. Prospect Theory. This largely irrational desire to sell highly appreciating properties to 'lock in profits' while holding under-performing properties until they get back to their former high. Don't be afraid to let go of a bad property and don't always be in a hurry to pay taxes on gains from a productive property.
3. Overestimation. While there is nothing wrong with performing a "best case" scenario be sure you have a "worst case" scenario sitting right beside; keep it real.
4. Case Study Conclusions. Don't rely upon case studies, testimonials or even research compiled from small numbers; realize it for what it is...possibility but not probable outcomes.
5. Testosterone Effect. Before you begin screaming gender bias,
we aren't making this up! The testosterone effect is so named because men tend to buy/sell and trade stocks far more often than women. They also tend to make more snap judgments and take greater risks. This is true of all investments including short sales; don't automatically sell simply because you can. Take a look at the long term potential as well.
6. Hindsight Effect. You have heard it before but it's worth repeating...do not base expectations of future profits on past results. Markets are "mean reverting" and tend toward a real estate homeostatic position over the long haul....a fact that should make every short sale investor tremble with delight given the current market.
7. Hollywood Effect. Don't do it because everyone else is doing it..do it because it makes sense. Don't buy in a specific area simply because you heard it in the media...buy because you know the fundamentals. The media exerts an undue amount of influence on novice investors - learn to use that to your advantage.
See you at the top!
Friday, October 30, 2009
See you shortly for Part IV!
NEXT -- A few days from now you will be receiving 'Part IV'
of this special 'mini-course' on buying apartments. Find
out:
Secret #4: How To Find The Best Market To Invest In. Some
markets are more volatile than others. Investing in your
local market may not be the best move. Knowing the right
market to invest in gets to your goals sooner. Don't miss
this secret!
==============================================
And Still Coming Up
==============================================
Secret #5: How To Find Profitable Apartment Deals Without
Spending A Fortune. Knowing how to buy with no money is
one thing, but without a steady flow of motivated apartment
sellers coming across your desk you won't do many deals.
You will learn how to create a steady consistent leadflow
so doing you first deal becomes almost inevitable.
See you shortly for Part IV!
of this special 'mini-course' on buying apartments. Find
out:
Secret #4: How To Find The Best Market To Invest In. Some
markets are more volatile than others. Investing in your
local market may not be the best move. Knowing the right
market to invest in gets to your goals sooner. Don't miss
this secret!
==============================================
And Still Coming Up
==============================================
Secret #5: How To Find Profitable Apartment Deals Without
Spending A Fortune. Knowing how to buy with no money is
one thing, but without a steady flow of motivated apartment
sellers coming across your desk you won't do many deals.
You will learn how to create a steady consistent leadflow
so doing you first deal becomes almost inevitable.
See you shortly for Part IV!
High Return
The fourth part of the formula is high return.
Generally, when people see an investment with a
high return the thing they immediately associate
with that is high risk.
For any investor the thing that is on their mind
most when releasing their money is preservation
of capital. So if you offer a return that is so
high it is out¨of line with the security your
investment offers you will probably eliminate a
lot of your target group, as well as attracting
the interest of securities regulators.
Offer security at a safe loan-to-value to ensure
capital preservation for the investor, and make
the interest rate a fair amount that allows you
to both win. The private lender gets an above market
rate of return and you, the investor, get the
cash for your deal at a reasonable cost.
When you put you your investors' interests first
by using the four part formula, everybody gets
what they want ... a win/win transaction.
The SEC is mainly concerned with general
solicitation to the public. If you do not
approach people cold that you don't know, but
approach people on a referral basis and use
the four part formula you will be working well
within SEC guidlines and can raise all of the
money you will ever need.
Securities Attorney
If you have a larger deal and you need to
raise larger amounts of money, like, over $1M,
you don't want to even think about the SEC, and
you have a bit of a bankroll, retaining a
securities attorney to do the job for you is
an effective option.
Securities Attorneys have their securities license,
are well networked with money sources and usually
have their own list of clients they tap whenever
raising money.
For the most part you'll pay a retainer ranging
from $2K to $25K and a success fee in the vicinity
of 6%. The success fee is simply a commission
paid upon the successful raising of your capital.
Each attorney operates a little differently so
it's worth contacting a few and talking with
them. Don't waste their time, make offers first,
have Letters Of Intent out in the hands of sellers,
then approach a securities attorney with the deal.
You may or may not retain him/her, but you will
learn an awful lot about raising money and funding
big deals.
I highly recommend you do this. Take a look at these
sites to get started.
http://www.oswald-yap.com/PracticeAreas/Private-Offerings.asp
http://harvardcapital.com/
http://www.legalandcompliance.com/privateplacement.html
There's a whole lot you will learn about raising
private money that can't be taught here. You have
to go an find out for yourself. Sorry, that's how
it is. You will learn the real nuggets, the little
hinges that swing the big doors open when you are
out taking action getting your ducks in a row.
Use all the information you have learned here. Once
you have found a profitable deal that supports the
achievement of your goals, calculate the amount of
private money you will need and use the strategy
discussed here for raising private money that is
most appropriate.
Generally, when people see an investment with a
high return the thing they immediately associate
with that is high risk.
For any investor the thing that is on their mind
most when releasing their money is preservation
of capital. So if you offer a return that is so
high it is out¨of line with the security your
investment offers you will probably eliminate a
lot of your target group, as well as attracting
the interest of securities regulators.
Offer security at a safe loan-to-value to ensure
capital preservation for the investor, and make
the interest rate a fair amount that allows you
to both win. The private lender gets an above market
rate of return and you, the investor, get the
cash for your deal at a reasonable cost.
When you put you your investors' interests first
by using the four part formula, everybody gets
what they want ... a win/win transaction.
The SEC is mainly concerned with general
solicitation to the public. If you do not
approach people cold that you don't know, but
approach people on a referral basis and use
the four part formula you will be working well
within SEC guidlines and can raise all of the
money you will ever need.
Securities Attorney
If you have a larger deal and you need to
raise larger amounts of money, like, over $1M,
you don't want to even think about the SEC, and
you have a bit of a bankroll, retaining a
securities attorney to do the job for you is
an effective option.
Securities Attorneys have their securities license,
are well networked with money sources and usually
have their own list of clients they tap whenever
raising money.
For the most part you'll pay a retainer ranging
from $2K to $25K and a success fee in the vicinity
of 6%. The success fee is simply a commission
paid upon the successful raising of your capital.
Each attorney operates a little differently so
it's worth contacting a few and talking with
them. Don't waste their time, make offers first,
have Letters Of Intent out in the hands of sellers,
then approach a securities attorney with the deal.
You may or may not retain him/her, but you will
learn an awful lot about raising money and funding
big deals.
I highly recommend you do this. Take a look at these
sites to get started.
http://www.oswald-yap.com/PracticeAreas/Private-Offerings.asp
http://harvardcapital.com/
http://www.legalandcompliance.com/privateplacement.html
There's a whole lot you will learn about raising
private money that can't be taught here. You have
to go an find out for yourself. Sorry, that's how
it is. You will learn the real nuggets, the little
hinges that swing the big doors open when you are
out taking action getting your ducks in a row.
Use all the information you have learned here. Once
you have found a profitable deal that supports the
achievement of your goals, calculate the amount of
private money you will need and use the strategy
discussed here for raising private money that is
most appropriate.
Bottom line ... MAKE THE CALLS
For more on this read Networking with the Affluent
by Thomas J. Stanley.)
As with your contacts keep calling until you make
it through every attorney listed in the Yellow Pages.
If you get sent to voice mail, speak your opener
onto the voice mail in an upbeat voice.
After calling all the attorneys listed in the Yellow
Pages in your town or city, it is very unlikely you
won't have your deal fully funded. If need be though,
move on to doctors, dentists, landlords, business
owners in the town you are investing in.
You may be getting worn out just reading about all
this phone calling. Just bear in mind, you have a
deal under contract that is going to provide you
with a five figure monthly cashflow, and over the
next ten years add a couple million dollars to your
net worth.
The fire of that vision should be driving you. But
if it's not, just think about how $10,000 coming
in every month, automatically, can change how you
live your life, and that $10,000 monthly is your
reward for making all these phone calls.
Bottom line ... MAKE THE CALLS!
Accredited Investors
There are some rules you have to play by when you
are raising private money, and we'll talk about
the SEC in a minute, but if you have a bit of a
bankroll and you trying to raise a large sum of
money, say, over $1M, you can do a general
solicitation to a class of investor known as
"accredited investors"
These are people with an annual income of more than
$200K, a joint income of more than $300,000 or a
net worth in excess of $1M.
Just as you set up a two step mailing process
to get motivated sellers calling you, you can
do the same to get private lenders calling you.
But only with accredited investors. Accredited
investors are exempt from the SEC rules barring
general soliciation to the public, so you can
market to them in whatever way you think will
be most effective.
Warning! DO NOT send mailings to people about
private lending UNLESS they are Acredited Investors.
An example of an effective mailing to accredited
investors would be:
- buy list of Acredited Investors.
(e.g. http://www.ltbj.com/accreditedinvestorsleads.html)
- send postcard asking them to call a free recorded
message to order a free report.
- before sending the report, call the person up
to verify they are an accredited investor. Answer
any questions they have about the deal.
- send free report.
- follow up after 5 days, ask if they are interested.
Answer any further questions they have.
- If interested, send deal package.
- Follow up four days later, ask if they would like
to invest.
- If yes, give wiring instructions. If no, ask if
they would like you to contact them with other
private lending opportunities.
As with calling your contacts and professionals,
mailing Accredited investors is a numbers game.
Direct mail standards apply. Expect 1-2% response.
A 1,000 postcard mailing may generate 15 responses.
However those 15 are highly qualified calls, and
followup is key. As you followup with each lead,
the longer they stay with you, wanting you to continue
following up with them, the higher the likelihood
they will become a private lender and invest
with you.
Even if they don't, at the end of your process they
will have received a lot of information from you
and if you have treated them well you will have
built trust, good rapport and established yourself
as an expert in the field of providing safe, high
returns. Odds are in your favor they will refer you,
or invest later when the time is right for them.
are very good
The bottom line with Accredited Investors though
is, the more you mail to the more quickly you will
get to those who want to invest.
If you have a few thousand to send on mailing,
Accredited investors are a great source of
private lenders.
The SEC - What NOT To Do!
This is the part about private money that usually
scares people into not wanting to use it, and that¨
is ... tangling with the SEC.
The Securities Excahange Commission was set up in
1993 after the '29 stock market crash, with it's
mandate to "protect the public" from undue risk
inherent in investing in capital markets.
So the primary SEC rule that deals with our efforts
to find private money deal with what the SEC calls
"general solicitation".
This means that if you are offering a security then
you can't go out and solicit the general public
in a public forum (like newspapers, TV, radio) to
buy your investment opportunity, unless you have
a securities license.
The Four Part Formula
So how do you go out and find private lenders,
who may not be accredited investors, without
engaging in "general solicitation"?
There is a four part formula, that if you follow,
will keep you in bounds with the SEC, and any
state securities division (consult your attorney
for additional state rules that my apply).
Predisposed To Real Estate
The first part of the four part formula is to
only approach people who have already demonstrated
they have an interest in real estate investing. You
don't have to educate them about the merits of
investing in real estate, they are already sold
on it. All you have to do is convince them about
you and your deal.
Examples of this would be, real estate networking
events, your local real estate investors association,
landlord associations, anywhere people familiar
with real estate gather.
Control
The second part of the formula is Control. This
means they can get their money out of the deal if
you don't perform.
It also means they never have to just "trust you".
They don't write you a check, they wire the money
to an escrow officer who is conducting an insured
closing. The funds are secured by a lien on the
title to the property. Money for rehab is only
released after the work has been completed.
These procedures give the investor control over
the funds they have invested in the property.
No Risk - Low Risk
The third part of the formula is low/no risk. This
means the investor feels that their investment is
secure. They can see and fully understand that even
if everything goes all wrong, they still get their
money back.
One of the real strengths of investing in real
estate is that you have a hard asset serving as
collateral. The title is insured, the property and
structures are insured, and even the life of the
property owner can be insured.
by Thomas J. Stanley.)
As with your contacts keep calling until you make
it through every attorney listed in the Yellow Pages.
If you get sent to voice mail, speak your opener
onto the voice mail in an upbeat voice.
After calling all the attorneys listed in the Yellow
Pages in your town or city, it is very unlikely you
won't have your deal fully funded. If need be though,
move on to doctors, dentists, landlords, business
owners in the town you are investing in.
You may be getting worn out just reading about all
this phone calling. Just bear in mind, you have a
deal under contract that is going to provide you
with a five figure monthly cashflow, and over the
next ten years add a couple million dollars to your
net worth.
The fire of that vision should be driving you. But
if it's not, just think about how $10,000 coming
in every month, automatically, can change how you
live your life, and that $10,000 monthly is your
reward for making all these phone calls.
Bottom line ... MAKE THE CALLS!
Accredited Investors
There are some rules you have to play by when you
are raising private money, and we'll talk about
the SEC in a minute, but if you have a bit of a
bankroll and you trying to raise a large sum of
money, say, over $1M, you can do a general
solicitation to a class of investor known as
"accredited investors"
These are people with an annual income of more than
$200K, a joint income of more than $300,000 or a
net worth in excess of $1M.
Just as you set up a two step mailing process
to get motivated sellers calling you, you can
do the same to get private lenders calling you.
But only with accredited investors. Accredited
investors are exempt from the SEC rules barring
general soliciation to the public, so you can
market to them in whatever way you think will
be most effective.
Warning! DO NOT send mailings to people about
private lending UNLESS they are Acredited Investors.
An example of an effective mailing to accredited
investors would be:
- buy list of Acredited Investors.
(e.g. http://www.ltbj.com/accreditedinvestorsleads.html)
- send postcard asking them to call a free recorded
message to order a free report.
- before sending the report, call the person up
to verify they are an accredited investor. Answer
any questions they have about the deal.
- send free report.
- follow up after 5 days, ask if they are interested.
Answer any further questions they have.
- If interested, send deal package.
- Follow up four days later, ask if they would like
to invest.
- If yes, give wiring instructions. If no, ask if
they would like you to contact them with other
private lending opportunities.
As with calling your contacts and professionals,
mailing Accredited investors is a numbers game.
Direct mail standards apply. Expect 1-2% response.
A 1,000 postcard mailing may generate 15 responses.
However those 15 are highly qualified calls, and
followup is key. As you followup with each lead,
the longer they stay with you, wanting you to continue
following up with them, the higher the likelihood
they will become a private lender and invest
with you.
Even if they don't, at the end of your process they
will have received a lot of information from you
and if you have treated them well you will have
built trust, good rapport and established yourself
as an expert in the field of providing safe, high
returns. Odds are in your favor they will refer you,
or invest later when the time is right for them.
are very good
The bottom line with Accredited Investors though
is, the more you mail to the more quickly you will
get to those who want to invest.
If you have a few thousand to send on mailing,
Accredited investors are a great source of
private lenders.
The SEC - What NOT To Do!
This is the part about private money that usually
scares people into not wanting to use it, and that¨
is ... tangling with the SEC.
The Securities Excahange Commission was set up in
1993 after the '29 stock market crash, with it's
mandate to "protect the public" from undue risk
inherent in investing in capital markets.
So the primary SEC rule that deals with our efforts
to find private money deal with what the SEC calls
"general solicitation".
This means that if you are offering a security then
you can't go out and solicit the general public
in a public forum (like newspapers, TV, radio) to
buy your investment opportunity, unless you have
a securities license.
The Four Part Formula
So how do you go out and find private lenders,
who may not be accredited investors, without
engaging in "general solicitation"?
There is a four part formula, that if you follow,
will keep you in bounds with the SEC, and any
state securities division (consult your attorney
for additional state rules that my apply).
Predisposed To Real Estate
The first part of the four part formula is to
only approach people who have already demonstrated
they have an interest in real estate investing. You
don't have to educate them about the merits of
investing in real estate, they are already sold
on it. All you have to do is convince them about
you and your deal.
Examples of this would be, real estate networking
events, your local real estate investors association,
landlord associations, anywhere people familiar
with real estate gather.
Control
The second part of the formula is Control. This
means they can get their money out of the deal if
you don't perform.
It also means they never have to just "trust you".
They don't write you a check, they wire the money
to an escrow officer who is conducting an insured
closing. The funds are secured by a lien on the
title to the property. Money for rehab is only
released after the work has been completed.
These procedures give the investor control over
the funds they have invested in the property.
No Risk - Low Risk
The third part of the formula is low/no risk. This
means the investor feels that their investment is
secure. They can see and fully understand that even
if everything goes all wrong, they still get their
money back.
One of the real strengths of investing in real
estate is that you have a hard asset serving as
collateral. The title is insured, the property and
structures are insured, and even the life of the
property owner can be insured.
Doing The Deal
Peer group pressure is very powerful. Just press
on, keep calling, making contacts, you will soon
find an investor, and word will get around, and
you will have more investors.
**Quick Note: Not everyone has the guts to be a
real estate investor. When enough people see you
are determined to raise the money, and that their
skepticism didn't make a dent in your drive to make
your deal happen, they often realize you have something
they don't possess, and will come around and support
you, to be part of your 'grand adventure'.
Very often getting the first investor is key to
getting the second. The principle of Social Proof
states that, we view behaviour as correct in a
given situation to the degree that we see others
also performing it. So if you can say that you've
raised, $25,000 for earnest money, that's important.
A place where you "can" raise up to $25,000 for any
venture is www.prosper.com. Go there now and take
a look. You don't have an excuse for not getting
started any more. www.prosper.com
Professionals, Business People
After you have exhausted all of your immediate
contacts, if you still don't have the funds you
need the next group to contact are professionals
and other business people who are cash rich and
time poor.
The benefits to them investing with you are obvious,
and the whole problem of what to do with all their
money is probably weighing on their mind. They just
don't have the time to do anything about it.
It's as simple as grabbing your local yellow pages
and beginning calling. Start with attorneys, they
are the classic 80 hour week types and have usually
had some kind of exposure to real estate.
Take the opener you used before, modify it a little
to this, "Hello Hudson. Thank you for taking my call.
I'm a real estate investor, and I'm in the process
of raising money to buy an apartment building.
I'm looking for people to be private lenders in the
project. Would you be interested or do you know
anyone who would be interested in earning 10% return
on their money secured by real estate?"
If you happen to be on the line with a ham and eggs
lawyer you'll probably get the brushoff, or possibly
a dose of their negative view of the world. However
a more successful attorney will prick up their ears
and ask you for more information.
Good attorneys are highly networked and understand
how the world works. When they see an opportunity
to create value for clients and people they know,
they take personal responsibility for the making
the introduction.
on, keep calling, making contacts, you will soon
find an investor, and word will get around, and
you will have more investors.
**Quick Note: Not everyone has the guts to be a
real estate investor. When enough people see you
are determined to raise the money, and that their
skepticism didn't make a dent in your drive to make
your deal happen, they often realize you have something
they don't possess, and will come around and support
you, to be part of your 'grand adventure'.
Very often getting the first investor is key to
getting the second. The principle of Social Proof
states that, we view behaviour as correct in a
given situation to the degree that we see others
also performing it. So if you can say that you've
raised, $25,000 for earnest money, that's important.
A place where you "can" raise up to $25,000 for any
venture is www.prosper.com. Go there now and take
a look. You don't have an excuse for not getting
started any more. www.prosper.com
Professionals, Business People
After you have exhausted all of your immediate
contacts, if you still don't have the funds you
need the next group to contact are professionals
and other business people who are cash rich and
time poor.
The benefits to them investing with you are obvious,
and the whole problem of what to do with all their
money is probably weighing on their mind. They just
don't have the time to do anything about it.
It's as simple as grabbing your local yellow pages
and beginning calling. Start with attorneys, they
are the classic 80 hour week types and have usually
had some kind of exposure to real estate.
Take the opener you used before, modify it a little
to this, "Hello Hudson. Thank you for taking my call.
I'm a real estate investor, and I'm in the process
of raising money to buy an apartment building.
I'm looking for people to be private lenders in the
project. Would you be interested or do you know
anyone who would be interested in earning 10% return
on their money secured by real estate?"
If you happen to be on the line with a ham and eggs
lawyer you'll probably get the brushoff, or possibly
a dose of their negative view of the world. However
a more successful attorney will prick up their ears
and ask you for more information.
Good attorneys are highly networked and understand
how the world works. When they see an opportunity
to create value for clients and people they know,
they take personal responsibility for the making
the introduction.
Pieces are installment payments, monthly
Pieces
Pieces are installment payments, monthly or otherwise,
with interest or no interest, principal only or P&I, or
with interest paid in a lump sum after 10 years. Whatever
is agreed upon by both parties.
Banks have conditioned us to believe the 30 year
fully amortized note is the only way an installment
payment can be structured. This is far from the truth,
and once you can pry a sellers' thinking away from
this sterotype structuring a deal that is a win for
both of you becomes much easier.
Lump Sum
This is what everyone is used to; all the underlying
loans are paid off and the seller receives their
equity in a lump some of cash. You hear it referred
to as Cash-to-new-loan by realtors and loan agents.
When the buyer has the ability to pay cash for the
property, the universe of deals available to him/her
opens up dramatically.
Different Form
This is where the equity is paid to the seller with
almost anything that the seller perceives is as
valuable as the equity in the property. So instead of
taking the equity as cash, the seller may agree to
take some Microsoft stock, or a condo in Miami, or a
mobile home in Georgia, a car. Anything can used as
payment for the sellers equity as long as the seller
is happy to take it.
Combination
The fourth and final way a seller can receive their
equity is through a combination of the other three
- pieces, lump sum, and different form.
eg. The owner of a 50 unit building wants to retire
and go on a road trip with his wife. Instead of
waiting he agrees to you assuming the $1.2M loan,
taking back a $600,000 note at 6% interest, $100,000
cash, and motor home valued at $100,000, for a total
price of $2M.
As you might be already thinking, the possibilities
for different combinations are only limited by your
imagination ... and your negotiating skills.
Different Ways To Buy
When you are starting out it's very likely you either
have all your money tied up in other investments,
like stocks or bonds, or you just don't have any
money, saved or otherwise, so buying an apartment
building using your own money isn't an option.
This is how it is with most people sarting out, so
you have to look for ways to purchase the property
with no money out of your pocket.
The list of different ways to buy with none of your
own money would easily top 100, but let's not stray
too far off the beaten track and look at a few of the
most common.
Partner
This is a simple arrangement. Once you find a
profitable deal you team up with a money partner
to raise the cash needed to close. The partners job
is to provide money for the earnest money, the down
payment, closing costs, and repairs if needed. Your
job is to manage the property, execute your value
plays to capture the upside value of the property
and the sell the property at the market peak to
realize you and your partner's profit.
This is a great way to get started, no cash or
credit need by you, just your knowledge and your
time and effort. The downside is you give away half
the deal to your partner.
Seller Financing
Also known as Owner Financing, this is when the
seller agrees to finance all or part of the purchase
price. Because there is no bank involved, no credit
or large cash down payments are required. You and
the seller are free to set up whatever financing
makes the deal work for both of you.
If the seller is flexible there are many ways you
can go:
- Seller refinances to pull cash out of the property,
carries back a 2nd for the balance of the purchase
price. You take over the new loan Subject-To.
- Seller's property is free and clear. Seller carries
back a 70% LTV 1st at 7%, 30 years, carries back a
2nd for the balance, principal only payments.
- You take over the existing loan Subject-To, Seller
carries a 2nd, no payments for two years, then
interest only for 5 years, ballon payment at the
end of 7 years.
- And so on. As long as you and seller are in agreeemt
about owner financing you simply structure the terms
that allow both of you to get what you need out of
the deal.
Raise Money From A Private Lender
When you get a profitable deal under contract and
you need cash for earnest money, down payment, closing
costs, rehab, you go out and find a private lender who
will loan you the money so you can cover all of these
and close. You pay the private lender an attractive
rate of return (8-12%) they are unlikely to get anywhere
else with the same security.
A lot of investors have problems understanding private
lending. "I mean, who on earth would hand over their
precious savings to someone so they can go and buy a
piece of real estate?"
Well ... let's list a few:
- thousands and thousands of people who have their
savings sitting in a bank being eroded by inflation
while collecting 3% interest.
- veteran landlords who are sick of the game but still
want the passive income.
- attorneys who work 80 hour weeks, make a lot of money,
want to be in real estate but don't have the time to
be personally involved.
- accredited investors; high net worth individuals
who want their money to grow at high rates in a
secure environment.
- a fellow investor who may very well be in your local
Real Estate Investment Club (REIA).
- this list too goes on and on.
What makes a person a candidate to be a private
lender is they have excess funds sitting in an
account somewhere that they wish were getting a
higher return. You know you have a private lender
when, if you contact them and ask if they would
like to get 10% return on their money secured by
real estate, their eyes light up.
There are many, many other ways to buy property
with none of your own money, and they can be used
with success to enable you to purchase a profitable
apartment building with none of your own money.
The Downside To "Non-Cash" Financing
The downside to most of these techniques though, is
they are specific solutions to unusual situations
that are not too common.
When all you have are creative, "non-cash" financing
methods to acquire property, you limit yourself to
just the sellers who can be helped with those
techniques and forgo all of the other sellers who
are highly motivated (like banks) and quite willing
to come down on price, but require you to pay cash.
When you can pay cash, the universe of deals available
to you opens up considerably. Adding "all cash" to
your arsenal allows you to work short sales and REO's
aggressively. In essence, being a cash buyer gives
you the ability to fill you deal pipeline as full
as you want it.
When you consider the realm of commercial lending
it is sometimes hard to really comprehend the scale
involved. Small loans are a few million dollars. The
larger commercial loans are nine figures. The
insitutions making the loans have balance sheets in
the tens of billions of dollars.
They operate under different guidelines to residential
lenders because there are no unsophistcated borrowers
to protect. If you are ambitious enough to be an
investor, it's buyer beware. As a result commercial
lending is very entrepreneurial and creative.
But when the economy turns south and the holders
of these huge notes have to take the property back
all of a sudden those former assets are now non-
performing assets and liquidity is very important
to the lender.
Availability Of Cash
For a lender in distress, loaded with REO, what
matters to them is that the cash is available. An
all-cash offer at a low price will be accepted by
the lender over a contingent offer every time.
Owner financing is not even considered.
In some cases, the very existence of the lender is
at stake so the primary concern they have is that
you are going to come through and close with cash.
Price less a concern than the certainty that you
will close so they can restore some liquidity to
their company.
It's investors with the ability to buy with cash
that can take advantage of these opportunities.
Of the ways to buy apartments using none of your
own money that we talked about above, only two
involved paying all-cash; getting a partner, and
borrowing from a private lender.
Control
Taking on a partner can be hugely beneficial for a
beginning investor. Firstly, because the partner
brings the financial resources to the table the
beginning investor doesn't have yet. Secondly, often
a partner can mentor the investor with business
advice and real estate specific advice that may
otherwise take you years to come across.
However, once the investor has built up his/her
own track record and have accumulated financial
resources of their own, there really isn't any
good reason to continue doing deals with a partner
for only 50% of the profits.
What begins to make more sense is borrowing money
from private lenders and taking control of the whole
process. Private lenders allow you to cover all of
the cash requirements of the deal and you get to
keep the lion's share of the profits for yourself.
And when you are talking about large apartment
buildings, this is a considerable amount of money.
Private Money Sources
So having decided that being a cash buyer opens
you up to the most opportunity and that utilizing
private money is the best way to do that, where
do you find it?
A private lender is anyone who would be thrilled
to get around 10% return on their money secured
by real estate.
That covers a lot of people, and it covers even
more when you take into account those that don't
know they are interested yet because they don't
know about it.
The frst place to start is your immediate contacts.
I know, you're afraid of sounding like you are
coming on with some MLM deal. That's a legitimate
concern given how off-putting that is. The best
approach is to narrow the list of people you contact
to those you know have money, then be up-front and
direct in your conversation with them.
You could open with, "Hi Jim how's things. I'm in
the process of buying an apartment building and I
need to raise the money to cover the down payment
and fixup costs. I'm looking for people to be private
lenders in the project. Would you be interested or
do you know anyone who would be interested in earning
10% return on their money secured by real estate?"
You'll either get a response of "tell me more", or
the person will wave you off. If you do get the
brushoff don't be discouraged, it's just one person,
and there are many more fish in the sea. But also,
you have planted a seed. If you keep contacting
people you know you will eventually find someone
who wants to invest, and word will eventually find
it's back to the person who gave you the brushoff.
It's truly amazing how the phenomenon of social
proof can change the attitudes and behavior of
people. Someone who formerly viewed investing with
you as too risky will suddenly be a fervent advocate
once they are faced with missing out on an opportunity
his friends are all making money on.
Pieces are installment payments, monthly or otherwise,
with interest or no interest, principal only or P&I, or
with interest paid in a lump sum after 10 years. Whatever
is agreed upon by both parties.
Banks have conditioned us to believe the 30 year
fully amortized note is the only way an installment
payment can be structured. This is far from the truth,
and once you can pry a sellers' thinking away from
this sterotype structuring a deal that is a win for
both of you becomes much easier.
Lump Sum
This is what everyone is used to; all the underlying
loans are paid off and the seller receives their
equity in a lump some of cash. You hear it referred
to as Cash-to-new-loan by realtors and loan agents.
When the buyer has the ability to pay cash for the
property, the universe of deals available to him/her
opens up dramatically.
Different Form
This is where the equity is paid to the seller with
almost anything that the seller perceives is as
valuable as the equity in the property. So instead of
taking the equity as cash, the seller may agree to
take some Microsoft stock, or a condo in Miami, or a
mobile home in Georgia, a car. Anything can used as
payment for the sellers equity as long as the seller
is happy to take it.
Combination
The fourth and final way a seller can receive their
equity is through a combination of the other three
- pieces, lump sum, and different form.
eg. The owner of a 50 unit building wants to retire
and go on a road trip with his wife. Instead of
waiting he agrees to you assuming the $1.2M loan,
taking back a $600,000 note at 6% interest, $100,000
cash, and motor home valued at $100,000, for a total
price of $2M.
As you might be already thinking, the possibilities
for different combinations are only limited by your
imagination ... and your negotiating skills.
Different Ways To Buy
When you are starting out it's very likely you either
have all your money tied up in other investments,
like stocks or bonds, or you just don't have any
money, saved or otherwise, so buying an apartment
building using your own money isn't an option.
This is how it is with most people sarting out, so
you have to look for ways to purchase the property
with no money out of your pocket.
The list of different ways to buy with none of your
own money would easily top 100, but let's not stray
too far off the beaten track and look at a few of the
most common.
Partner
This is a simple arrangement. Once you find a
profitable deal you team up with a money partner
to raise the cash needed to close. The partners job
is to provide money for the earnest money, the down
payment, closing costs, and repairs if needed. Your
job is to manage the property, execute your value
plays to capture the upside value of the property
and the sell the property at the market peak to
realize you and your partner's profit.
This is a great way to get started, no cash or
credit need by you, just your knowledge and your
time and effort. The downside is you give away half
the deal to your partner.
Seller Financing
Also known as Owner Financing, this is when the
seller agrees to finance all or part of the purchase
price. Because there is no bank involved, no credit
or large cash down payments are required. You and
the seller are free to set up whatever financing
makes the deal work for both of you.
If the seller is flexible there are many ways you
can go:
- Seller refinances to pull cash out of the property,
carries back a 2nd for the balance of the purchase
price. You take over the new loan Subject-To.
- Seller's property is free and clear. Seller carries
back a 70% LTV 1st at 7%, 30 years, carries back a
2nd for the balance, principal only payments.
- You take over the existing loan Subject-To, Seller
carries a 2nd, no payments for two years, then
interest only for 5 years, ballon payment at the
end of 7 years.
- And so on. As long as you and seller are in agreeemt
about owner financing you simply structure the terms
that allow both of you to get what you need out of
the deal.
Raise Money From A Private Lender
When you get a profitable deal under contract and
you need cash for earnest money, down payment, closing
costs, rehab, you go out and find a private lender who
will loan you the money so you can cover all of these
and close. You pay the private lender an attractive
rate of return (8-12%) they are unlikely to get anywhere
else with the same security.
A lot of investors have problems understanding private
lending. "I mean, who on earth would hand over their
precious savings to someone so they can go and buy a
piece of real estate?"
Well ... let's list a few:
- thousands and thousands of people who have their
savings sitting in a bank being eroded by inflation
while collecting 3% interest.
- veteran landlords who are sick of the game but still
want the passive income.
- attorneys who work 80 hour weeks, make a lot of money,
want to be in real estate but don't have the time to
be personally involved.
- accredited investors; high net worth individuals
who want their money to grow at high rates in a
secure environment.
- a fellow investor who may very well be in your local
Real Estate Investment Club (REIA).
- this list too goes on and on.
What makes a person a candidate to be a private
lender is they have excess funds sitting in an
account somewhere that they wish were getting a
higher return. You know you have a private lender
when, if you contact them and ask if they would
like to get 10% return on their money secured by
real estate, their eyes light up.
There are many, many other ways to buy property
with none of your own money, and they can be used
with success to enable you to purchase a profitable
apartment building with none of your own money.
The Downside To "Non-Cash" Financing
The downside to most of these techniques though, is
they are specific solutions to unusual situations
that are not too common.
When all you have are creative, "non-cash" financing
methods to acquire property, you limit yourself to
just the sellers who can be helped with those
techniques and forgo all of the other sellers who
are highly motivated (like banks) and quite willing
to come down on price, but require you to pay cash.
When you can pay cash, the universe of deals available
to you opens up considerably. Adding "all cash" to
your arsenal allows you to work short sales and REO's
aggressively. In essence, being a cash buyer gives
you the ability to fill you deal pipeline as full
as you want it.
When you consider the realm of commercial lending
it is sometimes hard to really comprehend the scale
involved. Small loans are a few million dollars. The
larger commercial loans are nine figures. The
insitutions making the loans have balance sheets in
the tens of billions of dollars.
They operate under different guidelines to residential
lenders because there are no unsophistcated borrowers
to protect. If you are ambitious enough to be an
investor, it's buyer beware. As a result commercial
lending is very entrepreneurial and creative.
But when the economy turns south and the holders
of these huge notes have to take the property back
all of a sudden those former assets are now non-
performing assets and liquidity is very important
to the lender.
Availability Of Cash
For a lender in distress, loaded with REO, what
matters to them is that the cash is available. An
all-cash offer at a low price will be accepted by
the lender over a contingent offer every time.
Owner financing is not even considered.
In some cases, the very existence of the lender is
at stake so the primary concern they have is that
you are going to come through and close with cash.
Price less a concern than the certainty that you
will close so they can restore some liquidity to
their company.
It's investors with the ability to buy with cash
that can take advantage of these opportunities.
Of the ways to buy apartments using none of your
own money that we talked about above, only two
involved paying all-cash; getting a partner, and
borrowing from a private lender.
Control
Taking on a partner can be hugely beneficial for a
beginning investor. Firstly, because the partner
brings the financial resources to the table the
beginning investor doesn't have yet. Secondly, often
a partner can mentor the investor with business
advice and real estate specific advice that may
otherwise take you years to come across.
However, once the investor has built up his/her
own track record and have accumulated financial
resources of their own, there really isn't any
good reason to continue doing deals with a partner
for only 50% of the profits.
What begins to make more sense is borrowing money
from private lenders and taking control of the whole
process. Private lenders allow you to cover all of
the cash requirements of the deal and you get to
keep the lion's share of the profits for yourself.
And when you are talking about large apartment
buildings, this is a considerable amount of money.
Private Money Sources
So having decided that being a cash buyer opens
you up to the most opportunity and that utilizing
private money is the best way to do that, where
do you find it?
A private lender is anyone who would be thrilled
to get around 10% return on their money secured
by real estate.
That covers a lot of people, and it covers even
more when you take into account those that don't
know they are interested yet because they don't
know about it.
The frst place to start is your immediate contacts.
I know, you're afraid of sounding like you are
coming on with some MLM deal. That's a legitimate
concern given how off-putting that is. The best
approach is to narrow the list of people you contact
to those you know have money, then be up-front and
direct in your conversation with them.
You could open with, "Hi Jim how's things. I'm in
the process of buying an apartment building and I
need to raise the money to cover the down payment
and fixup costs. I'm looking for people to be private
lenders in the project. Would you be interested or
do you know anyone who would be interested in earning
10% return on their money secured by real estate?"
You'll either get a response of "tell me more", or
the person will wave you off. If you do get the
brushoff don't be discouraged, it's just one person,
and there are many more fish in the sea. But also,
you have planted a seed. If you keep contacting
people you know you will eventually find someone
who wants to invest, and word will eventually find
it's back to the person who gave you the brushoff.
It's truly amazing how the phenomenon of social
proof can change the attitudes and behavior of
people. Someone who formerly viewed investing with
you as too risky will suddenly be a fervent advocate
once they are faced with missing out on an opportunity
his friends are all making money on.
Equitable Interest
It's time for Part III of the 'mini-course' on apartment
investing... the "SMART Guide to Apartment Investing"
- how to generate massive profits buying apartment
complexes with none of your own money.
Last installment we talked about analyzing an apartment
building for profit. I hope you have been thinking about
all the analysis tools we discussed so you can see the
profit in a deal when it is presented to you.
And now let's keep going...
===============================================
Secret # 3:
How To Fund Your Apartment Purchases Using None
Of Your Own Money.
===============================================
Buying The Property.
Now that you know how to analyze apartment deals it
won't be long before you have a property that fits
your goals and has all the potential value plays
ready for you to capitalize on.
Now it's time to buy the property. How do you go
about it?
Terry Vaughan's 60-Second Real Estate Course
Most of us know about creative financing but let's
reduce financing to it's essence. Once again we will
draw from the wisdom of Terry Vaughan, this time using
his famous 60-Second Real Estate Course.
In any real estate transaction, whether it's a single
family home or a 200 unit apartment building, all
that ever happens is the buyer and seller find a way
to give the seller his/her equitable interest, so they
can both win and go away happy.
(Note: Equitable interest = Fair market value minus
total loans/debt on the property.)
There are only four ways to do this. I know, you hear
all the gurus railing on about all kinds of creative
techniques, but strip away the fancy packaging, and
there are still only four.
They are:
1) Pieces
2) Lump Sum
3) Different Form
4) Combination - Pieces, Lump Sum and Differennt Form
investing... the "SMART Guide to Apartment Investing"
- how to generate massive profits buying apartment
complexes with none of your own money.
Last installment we talked about analyzing an apartment
building for profit. I hope you have been thinking about
all the analysis tools we discussed so you can see the
profit in a deal when it is presented to you.
And now let's keep going...
===============================================
Secret # 3:
How To Fund Your Apartment Purchases Using None
Of Your Own Money.
===============================================
Buying The Property.
Now that you know how to analyze apartment deals it
won't be long before you have a property that fits
your goals and has all the potential value plays
ready for you to capitalize on.
Now it's time to buy the property. How do you go
about it?
Terry Vaughan's 60-Second Real Estate Course
Most of us know about creative financing but let's
reduce financing to it's essence. Once again we will
draw from the wisdom of Terry Vaughan, this time using
his famous 60-Second Real Estate Course.
In any real estate transaction, whether it's a single
family home or a 200 unit apartment building, all
that ever happens is the buyer and seller find a way
to give the seller his/her equitable interest, so they
can both win and go away happy.
(Note: Equitable interest = Fair market value minus
total loans/debt on the property.)
There are only four ways to do this. I know, you hear
all the gurus railing on about all kinds of creative
techniques, but strip away the fancy packaging, and
there are still only four.
They are:
1) Pieces
2) Lump Sum
3) Different Form
4) Combination - Pieces, Lump Sum and Differennt Form
How to find huge money.
- How to present your deal.
- How to structure your deal.
- How much to pay.
- How long to pay.
- How to make money quickly.
- How to do it all for FREE.
It applies to:
- Houses
- Apartments
- Notes
- Businesses
- Your Start-Up
- Any commercial venture
It's a small group private training with me
and me only.
You can join me as I reveal these secrets of
the mega-rich
- How to structure your deal.
- How much to pay.
- How long to pay.
- How to make money quickly.
- How to do it all for FREE.
It applies to:
- Houses
- Apartments
- Notes
- Businesses
- Your Start-Up
- Any commercial venture
It's a small group private training with me
and me only.
You can join me as I reveal these secrets of
the mega-rich
How to Rasie Money For Deals
Cash is KING in this part of the economic
cycle so I'm hosting a FREE private money
workshop in Houston on Saturday, November 7
and you are invited.
Come work with me live & in person.
The cost to you... FREE.
Why?
Because the most common question I get is
this... How do I raise money for my deals?
And I get it from people raising money for
apartments, houses, notes, strip malls,
businesses, start-ups, commercial, etc.
It's the #1 Question... undisputed. Whether
you are raising $10,000 or $10,000,000, the
same principles for raising private money apply.
"The BEST, most innovative approach EVER to
obtaining Private money. I can't wait to get
going !"
cycle so I'm hosting a FREE private money
workshop in Houston on Saturday, November 7
and you are invited.
Come work with me live & in person.
The cost to you... FREE.
Why?
Because the most common question I get is
this... How do I raise money for my deals?
And I get it from people raising money for
apartments, houses, notes, strip malls,
businesses, start-ups, commercial, etc.
It's the #1 Question... undisputed. Whether
you are raising $10,000 or $10,000,000, the
same principles for raising private money apply.
"The BEST, most innovative approach EVER to
obtaining Private money. I can't wait to get
going !"
Make Money in Commercial
1. There are MANY ways to make money
from real estate, but only some are actually
zero risk and require no cash or credit.
2. Yes, the market is not what it was during
the boom. BUT that actually creates MORE
opportunity if you focus on the right type
of real estate.
3. Anything that involves rehabbing, dealing
with banks, or retail buyers also comes with
headaches, confusion, and tons of money
that I personally never feel comfortable spending.
4. If you have invested in education, courses,
seminars, and coaching and you are STILL
confused or haven't done a deal it's likely
because you either are not taking action or
your educators WANT you to stay confused
so you keep buying their "magic pill" courses.
Here is where I am different from the rest and
can finally change your path if you feel confused
or frustrated...
- I only focus on tactics with zero risk that anyone
can do even without cash or credit
- I teach how to make money in THIS market, not
the ideal market of yesteryear and old school methods
that haven't worked in years.
- I can barley unclog a toilet, much less rehab
a property and frankly if I never step inside a Home
Depot again for the rest of my life I would not miss it.
So nothing I teach involves rehabbing.
from real estate, but only some are actually
zero risk and require no cash or credit.
2. Yes, the market is not what it was during
the boom. BUT that actually creates MORE
opportunity if you focus on the right type
of real estate.
3. Anything that involves rehabbing, dealing
with banks, or retail buyers also comes with
headaches, confusion, and tons of money
that I personally never feel comfortable spending.
4. If you have invested in education, courses,
seminars, and coaching and you are STILL
confused or haven't done a deal it's likely
because you either are not taking action or
your educators WANT you to stay confused
so you keep buying their "magic pill" courses.
Here is where I am different from the rest and
can finally change your path if you feel confused
or frustrated...
- I only focus on tactics with zero risk that anyone
can do even without cash or credit
- I teach how to make money in THIS market, not
the ideal market of yesteryear and old school methods
that haven't worked in years.
- I can barley unclog a toilet, much less rehab
a property and frankly if I never step inside a Home
Depot again for the rest of my life I would not miss it.
So nothing I teach involves rehabbing.
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