Archive for the 'How To Buy Properties' Category

Whether you are just getting started with investing in real estate or you’ve been buying and selling properties for a while, there’s one thing above all others that can help you out: getting to know your local real estate market.

When you’re going to be buying properties, there are a number of things that you should know. First, let go of the idea that the national real estate market shapes your local market. The only real estate market that you should focus on when you are going to buy properties is the market in your area.

After all, it’s the market in your area that determines the value of available properties. Rental rates and demographic characteristics affect both buyers and sellers within an area; don’t you think that it could benefit you to know more about these things?

For that matter, when you’re looking for information about how to buy properties, remember that not all real estate investments are in private homes: apartment complexes, business developments and other commercial properties can help to ensure your success - especially when you understand your local real estate scene.

When you understand your local real estate market - and the requirements of that market - it’s a lot easier to create wealth by investing in real estate. It’s also a lot easier to sort out great advice about how to buy properties.

Wouldn’t it be great if you had a supercharged buying and selling ‘machine’ that brought you in profits every single month.  Can’t you just visualize that JOB fading in to the sunset?

I did and I want to share with you a system for making that a reality.

As most of you know, I am a technology buff – meaning I love employing technology to do as much ‘work’ for me as possible, and then delegating or outsourcing the management of that to a reliable team.

So, I find the best software (or develop it!) and then choose team members that all have their valued positions and play them well – and sometimes I even have 1st string and 2nd string team members. 

It is really the only way to (1) get it all done, but more importantly (2) it is the only way to grow your business.

When I found out that my guest, Larry Goins, for this teleseminar was regularly selling 10-15 houses every single month and never looking at any of them – not even driving to see any of them, I had to get him to tell us how.

Listen to the replay of this teleseminar now – if you want you can even download it to listen in your car.

Best of Success,
Michelle Odessey
michelle@investorwealth.com
770-338-2797 10a-5p M-F

 
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With almost 1,000 people viewing this webinar and then the demands on our server at the end - - I think we blew a circuit!

Use This Link to > > PLAY THE WEBINAR NOW AND
Take Advantage of the
SPECIAL OFFER

While most real estate deals, You know, do take money albeit it does not have to be your money at all, wouldn’t it be nice to finally find the ‘yellow brick road’ to those deals that take no money AT ALL.

Now for those of you who have come SO close, to making those deals happen, only to have it fall apart in the 11th hour because of something you didn’t know or overlooked merely out of your inexperience in putting these deals together, Wouldn’t it feel great to know that every No Money deal you Want is going to close.

Well what if you were given a map that led you directly to that yellow brick road, or the complete instructions that included reaching out for the check made out to you at the closing when you BUY a property?

Well the good news – and I do mean good news – Is Two Important points:

1)   Learning how to raise the money – even big money is just a process, and learning how to do it and do it right will be without a doubt, the best investment you can make As you travel Upward toward your success.

2)   And the other piece of really good news is You CAN acquire real estate, income producing real estate, with No Money at all as well.

Now, notice I said ‘income producing real estate’.  In this webinar you are going to learn that you can buy ‘apartment buildings’ – without any money down AND – it can even be the first piece of real estate you’ve ever bought!

Use This Link to > > PLAY THE WEBINAR NOW AND
Take Advantage of the
Special Offer

The ‘buzz’ of investing in real estate always has some key ‘hot topics’ associated with the conversation:  ‘long term wealth’, ‘great cashflow’, ‘financial freedom’, and ‘cash in on the foreclosures of the mortgage meltdown’ just to name a few.

Then there is the reality about it all - - (1) Absolutely you can gain and secure long term wealth, (2) depending on how you evaluate the deals before you do them – you will get great cashflow, and (3) financial freedom is the ultimate goal, however, if you do not treat, and respect, the real estate investing business, AS A BUSINESS, what you will have is a job-like experience with that ultimate goal not getting any closer to you.

I really encourage you to listen to this teleconference I did with Charles Petty (the Audio MP3 Play Now link is at the end of this post here).  It will truly open your eyes to new possibilities and to the ‘business’ of making $10,000 or more in the next 30 days – and doing it consistently – and having time for your family, hobbies, AND vacations.

By the way, at the end of the teleconference, Charles mentions a money-making opportunity that you can still take advantage of here on InvestorWealth.com because you listened to it here. 

You can Find out more information about this program,
Or
You can GO NOW to the ORDER-IT-NOW Page.

Best regards, - Michelle  - -

 
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The Heart of Real Estate Investing.  I have written about here in my blog, and in our newsletters.  It was the hardest thing for me to understand when we began real estate investing.  And, because it is the most important part of any business, it caused me a great deal of stress and aggravation for a while.  And we needed it to work – just for the business to survive.

And it was Marketing.  Marketing from the beginning has been a challenge – it was a very big challenge for me.  I didn’t come from a big copywriting, letter writing, knowing how to write in a direct mail letter. My whole background was business automation.  It was like a foreign concept to me.

I can’t tell you how many times I wondered if a mail piece was actually going to work.  And then, what it meant to TEST the piece.  

We were given letters from sellers that were coming in from other investors.  We also got ideas from other investors at the seminars we were going to.  Eventually, after months and months, we finally began to find the best marketing pieces for our business.

Then, you have to test the process.  For example, You know, in direct marketing, you have to send out 3 – 5 – 7 pieces of mail, whether its letters or postcards - or a finely tuned combination of both?  Anyway that was really hard for me.

I immediately went to the computer to use what software was available - Word, Excel, Access, Act, and other database software I knew.  Then it dawned on me, “Did I want to spend my time programming again, developing a real estate marketing software, or make money in real estate?”

You may find, after watching this webinar, that you will catapult yourself over the hard stuff and in to an automatic system that works like a finely tuned car. Learn now about an automated process that takes minutes of your day and turns those minutes into dollars.  Profit that, in some cases, can begin in 24 hours.

PLAY THE WEBINAR REPLAY HERE NOW
(Note: depending on the speed of your computer and your connection, the video could take a minute to begin.)

Best of Success,
Michelle
   

I wanted to share a topic that came up today as a result of a short, but to the point email I received today. SO. I am going to post that email AND my response. - - Let me know your comments.

Writer:

Dear Michelle, Your last advice to offer 100% financing to prospective buyers cost me $450 in advertising with 0 results at a time when that amount might as well have been $450,000 as I’m in foreclosure. I’m sick of this.

My response to her:

I want to thank you for taking your time to email me.

Your email lets me know ‘there are’ investors out there willing to go in to the trenches.

You did say that my ‘last advice’ was to offer 100% financing.
Are you speaking of an issue of our newsletter?

Anyway, Tell me about the property or properties you were using this ’selling’ technique on And, tell me where you (or the property) is.

I know how frustrating it can be to budget advertising/marketing and have it return 0 results.

What is amazing is that some marketing techniques - - - like using the newspaper - - - work terrifically in some areas and completely bomb in others.

When Richard and I started RE Investing we did exactly what we were told - at each interval of our learning. FIRST, we were told to use the newspaper to find sellers - we used the ads we were given. Now let me tell you, we ‘KEPT’ doing the newspaper ads because the people that were teaching us told us that was the way to do it.

RESULTS: A Big Fat Zero. WHY, Because

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Most mortgages today do have a “due on sale” clause .

The term “due-on-sale” means a contract provision which authorizes a lender, at its option, to declare due and payable sums secured by the lender’s security instrument, if all or any part of the property, or an interest therein, securing the real property loan is sold or transferred without the lender’s prior written consent;

Legal jargon that says plain and simple - a right to call the entire balance of the loan due.

But do they??

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