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Tag: "real estate investing"

Integrity in Real Estate Investing

We often hear stories about real estate investors. How they got started, what challenges they faced, how they struggled, how they overcame their challenges and became successful.

I always wonder how authentic these stories are – particularly when they are used to “set the stage” to make a sale.The video to the right has nothing to do with real estate or with selling anything. It’s my son, Lukas, and his friend, playing there guitars in our back yard on a recent summer afternoon.

I’ve put it here to share with you some of my background and what I’m focused on when I set my goals for my business and my marketing. I hope you enjoy – hit play and keep reading!

Selling information products about real estate investing is a very lucrative business. More lucrative for some than their actual real estate investing business.

The information tends to be more or less the same, with some updates every now and then on how to make real estate investing work in a specific market, or with specific types of properties.

But by and large, the basic information is very similar. And there is nothing wrong with that. For two reasons:bookimg

1. New people come on the internet every day, and new people every day are looking into how to get started investing in real estate. They all need to learn the basics. And thanks to Google, the “love” of search engine traffic is spread around, and anyone’s chance to capture some of these real investing newbies is pretty good.

2. Different people learn differently, and the personality of the teacher can make a big difference. That’s why it’s important to present the story and approach of the teacher when you introduce a new course or information product.

The same is true from your point of view when you look for answers to your real estate investing challenges. You will be affected by the “story” that you find in and around the answers. And that’s actually a good thing!

Because very few people can build up enough motivation and commitment on their own. When you are presented with possible solutions to your challenges, you have to convince YOURSELF that this solution can actually work.

That’s only step one! The important second step is that you have to convince YOURSELF that YOU will actually take action on this solution, follow the steps outlined, and MAKE IT WORK for YOU! And the “story” plays an important role in that!

So, take this little hint from here: By far the most real estate investors fail, because they don’t take action in the first place!

If you would like to discover all the reasons Why Real Estate Investors Fail, and jump right out of your own failure trap, you can download your FREE report here <== LINK

Got an opinion or suggestion? Let me know – scroll down and leave your comment right here on this blog!


Getting Started in Real Estate Investing With Bad Credit

bookimgSo many times – and particularly in this economy – people who want to get started in real estate investing come from a place of bad credit. And I mean BAD credit – even foreclosures and bankruptcies on their records.

The question is: “How can I get started in real estate – with bad credit and a very tight budget to boot?”

In other words, the traditional ways of real estate investing are definitely not an option for you. You can’t go out and get a loan to buy investment property. You don’t have either one of the two main requirements: Down payment, and excellent credit.

The answer is – of course there are ways to get started in real estate for you right now – actually quite a few!

Once you start looking, you might have a tough time DECIDING which way to go, because there are so many different options available.

For today’s tip, what I want to recommend is that you download this free report: Investor Cash Cycle Report

It was written by a good friend of mine who went THROUGH the very issues that you are facing right now: Poor credit, no money, even BK… after having amassed Millions of Dollars of wealth in real estate. But he got tripped up when things started to change, and the techniques that he had learned in the seminars stopped working all of a sudden.

However, he figured it all out and came back – and in this report he shares how he did it – and how you can do the same.

Please share this story with your friends – bookmark it, twitter it…, and leave me a comment below! (And of course, make sure you get this FREE report ASAP!)


Turnkey REO’s – The Tricky Part

You may have seen offers on various websites about “Turnkey REO’s”.

They can be really good deals with equity, cash flow, and a good long term investment. But before you jump into them, consider this checklist when you research the opportunity:

1. Check if the company who is offering the investment is a reputable company that has been in business for some time, or if it’s just a fly-by-night operation that will be gone once you run into any questions.

2. Check if the properties are currently bank owned, or if you are buying from an investment company that has owned the investment for a period of time while they were fixed up.

3. Check the neighborhood and don’t rely on “comps”. Require a bona fide appraisal. Look at the comparable homes used in the appraisal. Make sure your property has the same features as the comparables, such as size, bedrooms, bathrooms, floors, lot size. If these important features differ, and are accounted for by making aadjustments in value, only go with that house if it’s superior.

4. Get detailed information about the kind of repairs have been done to the house, and who performed them. Get an independent inspection report to verify the condition of important systems in the house.

5. If the house is intended for use as rental to government supported tenants, make sure it has already passed government housing inspections.

6. Don’t rely on estimated rent amounts, or if you have to, run your numbers with 20% less rent and see if you still like the return on your investment. That way you’ll be in for a nice surprise if the quoted estimates were actually correct.

7.If the property is already rented, make sure you get all the tenant screening information and double check the procedures, credit reports, and income verification for the tenants.

I prefer “turnkey houses” that are already rented to carefully screened tenants, with rents preferably being paid by a government agency (“Section 8″ or similar program). The property should be managed by a reputable, professional management company.

We offer this type of investment from time to time in our “Turnkey Houses – Lifetime Cash Flow Program”. Click here to register for the next buying webinar <== LINK!


Websites Suck Squeeze Pages Rule

Squeeze pages, or lead generation pages, have been widely used in internet marketing, and to build lists of prospects for information products. Did you know that they can improve the response rate of your visitors dramatically – even on real estate related web sites?

Watch this video to learn more about squeeze pages, and download Greg Clement’s report “Websites Suck, Squeeze Pages Rule” – click here to download!


Private Money Contest and Bonus

Private Money Contest and Bonus

Private Money Blueprint review this contest and case studies video. Head on over to the Free Member Area of Private Money Blueprint

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