These days everyone has something to sell. And in some cases the information falls under the "too good to be true" category. And with the how-to real estate info market, there is a lot of crap out there on the market, and trying to wade through it all can be a total nightmare.
It's got to the point that every ad I run across I immediately think they're lying and full of hype. And I get sick of it.
Check this out... I heard of this guy named Nathan – a 20-something yr old from Tampa, was making six figures a month flipping short sales. I knew it was a total crock.
Then I met his "staff." He's got realtors feeding him deals, and he gives them a percentage when it closes. He's got a professional negotiator whom he personally trained to negotiate with lenders.
He’s even got his own BPO agent!
He also has a list of investor buyers just waiting to jump at the houses he's got for sale, because they are familiar with his pricing structure. The whole thing is on autopilot, and he literally does no work.
My question was, "with all this overhead, how can he make any money?" He summed it up in one word...
VOLUME!
Yep. You can afford to give everyone a cut of the deal if they bring you the right properties. And you can close 5 or more deals a month using these simple strategies. Which is not difficult when you have your own BPO agent and a professional negotiator working on your behalf.
You can find out how to put together your own staff, easily and quickly, right on his complimentary webinar.
Just click here to register for more details on his next webinar
It’s pretty cool... hundreds of people have been finding that it's fairly easy to get this to work, when you know how to put all of the pieces together.
But, Nathan may stop doing these webinars soon so hurry up and head on over to his site now.
Click here for more information and to grab your free report!
I mean, sure it may be "raining" short sales out there, but it's not going to last forever. They can cancel these webinars at any time. Nathan doesn’t really want everyone knowing this stuff, just a few... He doesn't want the competition.
So hustle on over there and grab his free info for the next webinar before he changes his mind and takes the site down forever.
To your investing success!
Tuesday, February 24, 2009
Thursday, February 12, 2009
Foreign Investors Very Confident About American Real Estate In 2009
While many Asian markets and world cities do place highly, foreign investors still see US as good investment potential.
The Association of Foreign Investors In Real Estate (AFIRE) released a survey with some interesting information:
· Foreign Investors are more confident about real estate and expect to buy far more real estate in the United States in 2009 than in 2008
· Foreign lenders expect to do 58% more lending here in the USA this year
· Foreign equities investors expect to increase their investment activities by 73% in the United States this year - nearly double the expected increase worldwide
The organization ranked the top world cities in terms of foreign commercial real estate investments. The survey, which is conducted yearly, was the first time that two US cities took the top two spots.
This information shows that the US does provide more stable and secure real estate investments than other countries, even with the recent problems, according to economists and investors. This is in despite of the growing tension with the credit crunch and economic slowdown in the US.
Over half of the members of AFIRE cited the United States as being the most stable investment climate in the world, a marked improvement over last year.
Here’s a little info about The Association of Foreign Investors In Real Estate - AFIRE has only about 200 members, making it a small association by any standard. But as a group, these people own $371 BILLION in American real estate and about $1 TRILLION globally.
These are serious players, it appears. And they are very bullish on the US real estate market in 2009.
When rated as the most stable and secure countries for real estate investments, the United States was number one with 56 per cent of the vote, followed by Germany with 11 per cent, the UK with 8.8 per cent, Australia with 8.8 per cent and Japan with 5.3 per cent.
In US cities, the top five included New York, Washington DC, Los Angeles, San Francisco and Seattle.
What do you think? How do you expect the market to play out during the course of this year?
To your investing success!
The Association of Foreign Investors In Real Estate (AFIRE) released a survey with some interesting information:
· Foreign Investors are more confident about real estate and expect to buy far more real estate in the United States in 2009 than in 2008
· Foreign lenders expect to do 58% more lending here in the USA this year
· Foreign equities investors expect to increase their investment activities by 73% in the United States this year - nearly double the expected increase worldwide
The organization ranked the top world cities in terms of foreign commercial real estate investments. The survey, which is conducted yearly, was the first time that two US cities took the top two spots.
This information shows that the US does provide more stable and secure real estate investments than other countries, even with the recent problems, according to economists and investors. This is in despite of the growing tension with the credit crunch and economic slowdown in the US.
Over half of the members of AFIRE cited the United States as being the most stable investment climate in the world, a marked improvement over last year.
Here’s a little info about The Association of Foreign Investors In Real Estate - AFIRE has only about 200 members, making it a small association by any standard. But as a group, these people own $371 BILLION in American real estate and about $1 TRILLION globally.
These are serious players, it appears. And they are very bullish on the US real estate market in 2009.
When rated as the most stable and secure countries for real estate investments, the United States was number one with 56 per cent of the vote, followed by Germany with 11 per cent, the UK with 8.8 per cent, Australia with 8.8 per cent and Japan with 5.3 per cent.
In US cities, the top five included New York, Washington DC, Los Angeles, San Francisco and Seattle.
What do you think? How do you expect the market to play out during the course of this year?
To your investing success!
Wednesday, February 11, 2009
What Is A Real Estate Short Sale?
In most parts of the country, home prices drastically increased during the period of 2000 to 2005. During the same time, tons of creative financing products (e.g. adjustable rate loans, zero down payment, interest only loans, option ARMs loans, negative amortization loans, etc.) gained huge popularity and helped a lot of people buy homes who would not normally qualify based on their income, debt level and credit profile.
Most real estate markets are now cooling, and a majority are even experiencing declining property values. In time of decreasing real estate prices, the amount owed on a loan by some homeowners may actually exceed the value of the property. In this case, if a homeowner cannot make their monthly mortgage payment obligations, there is a risk for a default on the loan and foreclosure of the property by the lender.
The term "short sales" is used to describe the situation in which a homeowner is at risk of losing their home due to defaulting on their loan, and the lender agrees to sell the property below the original appraised value in order to avoid a full blown foreclosure. Most lenders do not readily agree to short sales, although exceptional conditions arise such as a home owner losing their job or a death of a wage-earning spouse may make some of them more open to doing so.
If the property is sold as a short sale, the lender recoups a portion of the original loan amount, the homeowner avoids the stress and stigma of foreclosure, and the new homebuyer gets a property below the original appraisal price. If a short sale doesn’t work, then the property usually goes into foreclosure and the lender takes the home back.
Short sales are an emerging trend as the rate of foreclosures continue to rise dramatically across the nation. According to RealtyTrac's most recent U.S. Foreclosure Market Report, the top 10 foreclosure states are:
1. Nevada: One in 122 homes
2. California: One in 192 homes
3. Arizona: One in 201 homes
4. Florida: One in 211 homes
5. Michigan: One in 375 homes
6. Ohio: One in 382 homes
7. Colorado: One in 429 homes
8. Georgia: One in 444 homes
9. Indiana: One in 568 homes
10. Utah: One in 600 homes
While the credit of the homeowner may be impacted after the short sale, it may all depend on how the lender reports the outcome to the credit bureaus. Some lenders may report a partial loan repayment as a full payment of the debt due, which does not adversely impact the homeowner as much. Other lenders may report the short sale as "settled," which will adversely and significantly impact the borrowers credit. The other problem is that the portion of the loan amount forgiven by the lender may actually count as a taxable income by the IRS.
So in summary, a successful short sale has some potential benefits for the homeowner, but there are also many negative consequences. Homeowners that are experiencing difficulty with making their monthly mortgage payments may benefit from talking to a real estate agent who is experienced in the short sales process.
If you'd like to get more info on how to do real estate short sales investing the right way, make sure you get your Free Report titled: "How to Overcome the Top 5 Traps in Short Sales Investing: And Make More Cash Next Month Than the Average Wage Slave Will in 3 Years!"
In this Free Report, you'll discover the inside secrets that made Nathan an explosive $118,619.87 in just one month!
To your investing success!
Most real estate markets are now cooling, and a majority are even experiencing declining property values. In time of decreasing real estate prices, the amount owed on a loan by some homeowners may actually exceed the value of the property. In this case, if a homeowner cannot make their monthly mortgage payment obligations, there is a risk for a default on the loan and foreclosure of the property by the lender.
The term "short sales" is used to describe the situation in which a homeowner is at risk of losing their home due to defaulting on their loan, and the lender agrees to sell the property below the original appraised value in order to avoid a full blown foreclosure. Most lenders do not readily agree to short sales, although exceptional conditions arise such as a home owner losing their job or a death of a wage-earning spouse may make some of them more open to doing so.
If the property is sold as a short sale, the lender recoups a portion of the original loan amount, the homeowner avoids the stress and stigma of foreclosure, and the new homebuyer gets a property below the original appraisal price. If a short sale doesn’t work, then the property usually goes into foreclosure and the lender takes the home back.
Short sales are an emerging trend as the rate of foreclosures continue to rise dramatically across the nation. According to RealtyTrac's most recent U.S. Foreclosure Market Report, the top 10 foreclosure states are:
1. Nevada: One in 122 homes
2. California: One in 192 homes
3. Arizona: One in 201 homes
4. Florida: One in 211 homes
5. Michigan: One in 375 homes
6. Ohio: One in 382 homes
7. Colorado: One in 429 homes
8. Georgia: One in 444 homes
9. Indiana: One in 568 homes
10. Utah: One in 600 homes
While the credit of the homeowner may be impacted after the short sale, it may all depend on how the lender reports the outcome to the credit bureaus. Some lenders may report a partial loan repayment as a full payment of the debt due, which does not adversely impact the homeowner as much. Other lenders may report the short sale as "settled," which will adversely and significantly impact the borrowers credit. The other problem is that the portion of the loan amount forgiven by the lender may actually count as a taxable income by the IRS.
So in summary, a successful short sale has some potential benefits for the homeowner, but there are also many negative consequences. Homeowners that are experiencing difficulty with making their monthly mortgage payments may benefit from talking to a real estate agent who is experienced in the short sales process.
If you'd like to get more info on how to do real estate short sales investing the right way, make sure you get your Free Report titled: "How to Overcome the Top 5 Traps in Short Sales Investing: And Make More Cash Next Month Than the Average Wage Slave Will in 3 Years!"
In this Free Report, you'll discover the inside secrets that made Nathan an explosive $118,619.87 in just one month!
To your investing success!
Saturday, February 7, 2009
Your Real Estate Investor Dream Team And How To Build It
I’m going to assume you already know why it’s so important to have an awesome team behind you to be successful with investing in real estate. If you’ve read any book about successful people in business, you will quickly understand that they didn’t go at it alone. So, let’s discuss how to build a dream team for your real estate investing business.
There are several ways to locate key players for your dream team, which I will briefly list for you below. I’m also going to share with you some short cuts that I discovered along the way to help you find truly amazing dream team members faster and easier than you may have thought was possible.
For starters, let’s talk about ways that people usually locate dream team members.
There are traditional methods, like calling on ads in the newspapers, yellow pages, online search results, classified ad websites, and so on. This is rather time-consuming approach that rewards dream team members that are willing to spend the time or money advertising to find more clients.
The second approach is to network or ask for recommendations from a colleague or friend. Let’s take a few moments to discuss two variations of this because they can be highly effective strategies for locating and building your dream team.
The first variation is to get recommendations specifically from other real estate investors. Read some of my other articles for ways I go about finding other real estate investors by building a buyers list. Many active real estate investors will already know an awesome real estate attorney, property manager, title company and so on.
The second variation on networking is to tap into one of the best centers on influence for all of your critical dream team members. Where is that center of influence? Well, who do you think is at the center of most real estate transactions? Your local real estate agent or broker.
Great real estate agents and brokers have dozens of experienced dream team contacts. The usually know who to avoid (in most cases based on their own actual experiences) and who can get the job done – even n a difficult transaction. They know who the best lenders are, they know real estate attorneys, they know property managers, they know escrow agents and title companies and they understand the entire real estate process. If you’re lucky, you will even find a real estate agent with investment properties and they can be a source of deals and other investors for you.
So, you can struggle calling dream team members at random from their marketing materials, or, you can take the easy way and tape into other investors’ dream team members by networking with them. Better yet, take the super fast approach by using a great local real estate agent who will introduce you to all the key dream team members you need.
To your investing success!
There are several ways to locate key players for your dream team, which I will briefly list for you below. I’m also going to share with you some short cuts that I discovered along the way to help you find truly amazing dream team members faster and easier than you may have thought was possible.
For starters, let’s talk about ways that people usually locate dream team members.
There are traditional methods, like calling on ads in the newspapers, yellow pages, online search results, classified ad websites, and so on. This is rather time-consuming approach that rewards dream team members that are willing to spend the time or money advertising to find more clients.
The second approach is to network or ask for recommendations from a colleague or friend. Let’s take a few moments to discuss two variations of this because they can be highly effective strategies for locating and building your dream team.
The first variation is to get recommendations specifically from other real estate investors. Read some of my other articles for ways I go about finding other real estate investors by building a buyers list. Many active real estate investors will already know an awesome real estate attorney, property manager, title company and so on.
The second variation on networking is to tap into one of the best centers on influence for all of your critical dream team members. Where is that center of influence? Well, who do you think is at the center of most real estate transactions? Your local real estate agent or broker.
Great real estate agents and brokers have dozens of experienced dream team contacts. The usually know who to avoid (in most cases based on their own actual experiences) and who can get the job done – even n a difficult transaction. They know who the best lenders are, they know real estate attorneys, they know property managers, they know escrow agents and title companies and they understand the entire real estate process. If you’re lucky, you will even find a real estate agent with investment properties and they can be a source of deals and other investors for you.
So, you can struggle calling dream team members at random from their marketing materials, or, you can take the easy way and tape into other investors’ dream team members by networking with them. Better yet, take the super fast approach by using a great local real estate agent who will introduce you to all the key dream team members you need.
To your investing success!
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