The answer is a resounding YES! In fact, there couldn't be a better time. The housing market is in the toilet. Never in my career as a real estate investor have conditions been as ideal as they are right now for people to make money in real estate.
During our country's economic crisis, investors are poised to reap enormous profits and generate incredible income streams.
Check out these disturbing statistics: 1 out of every 200 homes will be foreclosed upon. Every three months, 250,000 new families enter into foreclosure. One child in every classroom in America is at risk of losing his or her home because parents are unable to pay their mortgage.
The scary part is...those are just the people applying for new unemployment benefits. The number of ongoing claims hit a staggering 5.56 million, bringing the four-week average to its highest level since the government first started tracking these statistics in 1967.
The reasons for distress in the housing market vary: job losses, illness, job relocations, divorces, deaths. All of these and more are forcing homeowners to get out from under crushing mortgage payments.
Distress for some means unlimited opportunities for you. Now is the time to save homeowners from foreclosure and bankruptcy, and rake in a pile of cash in the process.
You are not taking advantage of anyone; you are preventing homeowners from having foreclosures and bankruptcies on their credit reports.
You can make a win-win deal with each of these victims. Wholesaling houses is the way to make all of this happen.
Wholesaling involves buying low and selling low. As a wholesaler, you are the middleman who puts a buyer and a seller together. And you will get paid a handsome assignment fee for providing this needed service.
If you truly want to help homeowners in distress, have strong desire, are willing to learn, and sincerely want to make a lot of money in the process, wholesaling is the way to go. By wholesaling, you are taking advantage of a proven system that's been around for decades. Jump in now, while the iron is hot.
Thursday, March 11, 2010
Saturday, March 6, 2010
There are three kinds of real estate investors:
1. Sheep. They follow the pack. They buy when the market is high and strong, and pay way too much. They then sell when the market is low and weak and lick their wounds. (Oh, and they tell everyone "Real estate is a scam.") Because they are sheep, following the pack, the view in front of their noses is, well, not so great.
2. Clueless. These folks pretty much just dive in whenever the urge strikes them. Perhaps they're burned-out stockbrokers. Maybe they're refugees from some other money-making pursuit. At any rate, they're the people who mistake ANY action for smart action. They apply the "ready, fire, aim" approach. Hey, even a busted clock is right twice a day, so they may occasionally score. I also will give them points--not for brains--but for at least taking action, which is better than what most people do.
3. Contrarians. Are you old enough to remember the Maytag Repairman commercials on TV? Where the guy is by himself because the Maytag washing machines never broke? Contrarians are that rare. It's very uncomfortable being a contrarian, because you're buying property when everyone thinks you're crazy to buy while the market appears to be terrible. And you sell when everyone says you're stupid not to hold on longer for even more profit.
The consolation in being a contrarian is the money. You make a great deal more of it. Therefore it doesn't really hurt all that much, considering how your bank account is heaving under the weight of your real estate profits.
Why am I telling you all this? Because I'm having a great webinar on Wednesday night, September 23 at 9pm Eastern. I'll share fresh information about the parts of the real estate business that are booming right now. That's right--booming.
This isn't your typical call. Instead, I'll discuss how certain types of real estate are indeed thriving in this soft market.
Don't believe me? You say you think all real estate stinks as an investment right now? No offense, but your apple juice in the refrigerator must be fermenting, my friend. Or you've been watching too much news.
When you tune in on Wednesday night, September 23 at 9pm Eastern, you'll hear proof that certain types of real estate are stronger today than they were two years ago.
2. Clueless. These folks pretty much just dive in whenever the urge strikes them. Perhaps they're burned-out stockbrokers. Maybe they're refugees from some other money-making pursuit. At any rate, they're the people who mistake ANY action for smart action. They apply the "ready, fire, aim" approach. Hey, even a busted clock is right twice a day, so they may occasionally score. I also will give them points--not for brains--but for at least taking action, which is better than what most people do.
3. Contrarians. Are you old enough to remember the Maytag Repairman commercials on TV? Where the guy is by himself because the Maytag washing machines never broke? Contrarians are that rare. It's very uncomfortable being a contrarian, because you're buying property when everyone thinks you're crazy to buy while the market appears to be terrible. And you sell when everyone says you're stupid not to hold on longer for even more profit.
The consolation in being a contrarian is the money. You make a great deal more of it. Therefore it doesn't really hurt all that much, considering how your bank account is heaving under the weight of your real estate profits.
Why am I telling you all this? Because I'm having a great webinar on Wednesday night, September 23 at 9pm Eastern. I'll share fresh information about the parts of the real estate business that are booming right now. That's right--booming.
This isn't your typical call. Instead, I'll discuss how certain types of real estate are indeed thriving in this soft market.
Don't believe me? You say you think all real estate stinks as an investment right now? No offense, but your apple juice in the refrigerator must be fermenting, my friend. Or you've been watching too much news.
When you tune in on Wednesday night, September 23 at 9pm Eastern, you'll hear proof that certain types of real estate are stronger today than they were two years ago.
Friday, March 5, 2010
"17 Sneaky Little Wholesaling Tricks"
something private I want to share with you...
"17 Sneaky Little Wholesaling Tricks"
If quick-flipping real estate is of interest to you, then
you'll really love this.
> It's something a friend and I put together for you...
> It's by INVITATION ONLY...
> and largely to show appreciation to our loyal REI blog
subscribers. (yes, you)
Oh, and it costs $0 DOLLARS. :-) I look forward to
hearing how happy this makes you.
Enjoy,
...jp, REItips.com
"17 Sneaky Little Wholesaling Tricks"
If quick-flipping real estate is of interest to you, then
you'll really love this.
> It's something a friend and I put together for you...
> It's by INVITATION ONLY...
> and largely to show appreciation to our loyal REI blog
subscribers. (yes, you)
Oh, and it costs $0 DOLLARS. :-) I look forward to
hearing how happy this makes you.
Enjoy,
...jp, REItips.com
www.ownerfinancingbootcamp.com
Did you know that owner financing is the most preferred and profitable way of buying and selling properties, yet few investors fully utilize this valuable tool. Why? Simple... lack of knowledge and, even worse, lack of experienced professionals that they can turn to for help. Most real estate agents and title companies don't understand lease/options, contracts for deed, wraps, and won't help you use these valuable tools. Few attorneys understand the process and those that do, charge a substantial fee!
I am one of the few real estate experts who understand this process, having closed over 700 owner financed transactions. I am the author of several best-selling books, including, "Flipping Properties" and "Financing Secrets of a Millionaire Real Estate Investor". In this exclusive boot camp on Saturday and Sunday April 24/25th, I will reveal all of my experience and knowledge on this subject. This workshop won't be offered again for at least a year, and you can't afford to miss this one!
More info at http://www.ownerfinancingbootcamp.com
Best of success,
I am one of the few real estate experts who understand this process, having closed over 700 owner financed transactions. I am the author of several best-selling books, including, "Flipping Properties" and "Financing Secrets of a Millionaire Real Estate Investor". In this exclusive boot camp on Saturday and Sunday April 24/25th, I will reveal all of my experience and knowledge on this subject. This workshop won't be offered again for at least a year, and you can't afford to miss this one!
More info at http://www.ownerfinancingbootcamp.com
Best of success,
www.vssivip.com/membership
Hey D.C. Here,
I told you we’re not going to have a public replay of this
week’s webinar. What I have decided to do is post the replay
of the webinar in your private members only website. I
twisted my attorney’s arm and he is allowing me to post it
in the private members only site.
All you have to do get access to it go to your private VSSI
members only site and login with your username and password.
Then click on the Paperwork Training Page.
It’s that easy! We’ve also uploaded all of the RESI docs to
this page. They are in the acquisition paperwork folder that
was updated this week.
You must be an active member to get access to this site. If
you are not an active member, you can become a member or
renew your membership here:
www.vssivip.com/membership
If for some reason you forget your password, you can reply
to this email and we’ll get it for you. That is if you are
actually an active member.
Here is what you will discover on the private replay of this
training:
• How to structure the transaction to get the short sale
lender to pay your JV partner for you! We’ll also cover what
the role of each agent is in the transaction and how and
what to pay each agent involved in the deal.
• How to get pai'd on a deal that cannot go A-B, B-C and has
to go A-C. Yes you can get pai'd on these deals and there is
one document you must use in order to get this non-double
closing payday.
• How to avoid the objections from Realtors and lenders that
are created by using an “Option Contract.” We’ll show you
what documents to use to go “the path of least resistance”
to overcome their objections.
• What the seller must sign in order cover your butt in
every transaction. Full disclosure is very important in
this business and we’ll show you how to disclose everything
to all parties so your business is 100% legal.
• The right way and the wrong way to work with real estate
agents that have short sales listed in the MLS. We’ll show
you when a dual agency agreement is appropriate and when
it’s not.
• Why Fannie Mae, Freddie Mac, and FHA have all given us
the GREEN light to short sale flipping.
• How to get Wells Fargo and FHA to fund your short sale
flips and what spread percentage they will allow.
• The pros and cons of using Option Contracts vs your State
Approved Realtor contract
• When you need to use a seller’s affidavit
• Where you can download the new forms and paperwork docs
that my attorney created for us. These are generic forms
that work in all states, not just California. These are the
RESI forms.
• When to use the memorandum of contract
• And much, much more…
Have an Awesome Weekend,
DC
PS. Next week’s training is going to be on making quick cash
with REOs without any cash, credit, or experience required.
I’m giving you early bird access to this training here.
Get in Early Here:
I told you we’re not going to have a public replay of this
week’s webinar. What I have decided to do is post the replay
of the webinar in your private members only website. I
twisted my attorney’s arm and he is allowing me to post it
in the private members only site.
All you have to do get access to it go to your private VSSI
members only site and login with your username and password.
Then click on the Paperwork Training Page.
It’s that easy! We’ve also uploaded all of the RESI docs to
this page. They are in the acquisition paperwork folder that
was updated this week.
You must be an active member to get access to this site. If
you are not an active member, you can become a member or
renew your membership here:
www.vssivip.com/membership
If for some reason you forget your password, you can reply
to this email and we’ll get it for you. That is if you are
actually an active member.
Here is what you will discover on the private replay of this
training:
• How to structure the transaction to get the short sale
lender to pay your JV partner for you! We’ll also cover what
the role of each agent is in the transaction and how and
what to pay each agent involved in the deal.
• How to get pai'd on a deal that cannot go A-B, B-C and has
to go A-C. Yes you can get pai'd on these deals and there is
one document you must use in order to get this non-double
closing payday.
• How to avoid the objections from Realtors and lenders that
are created by using an “Option Contract.” We’ll show you
what documents to use to go “the path of least resistance”
to overcome their objections.
• What the seller must sign in order cover your butt in
every transaction. Full disclosure is very important in
this business and we’ll show you how to disclose everything
to all parties so your business is 100% legal.
• The right way and the wrong way to work with real estate
agents that have short sales listed in the MLS. We’ll show
you when a dual agency agreement is appropriate and when
it’s not.
• Why Fannie Mae, Freddie Mac, and FHA have all given us
the GREEN light to short sale flipping.
• How to get Wells Fargo and FHA to fund your short sale
flips and what spread percentage they will allow.
• The pros and cons of using Option Contracts vs your State
Approved Realtor contract
• When you need to use a seller’s affidavit
• Where you can download the new forms and paperwork docs
that my attorney created for us. These are generic forms
that work in all states, not just California. These are the
RESI forms.
• When to use the memorandum of contract
• And much, much more…
Have an Awesome Weekend,
DC
PS. Next week’s training is going to be on making quick cash
with REOs without any cash, credit, or experience required.
I’m giving you early bird access to this training here.
Get in Early Here:
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