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GET THE MOST MONEY OUT OF YOUR BUYERS LIST!
The number one assets in your real estate business (or any business for that matter) is your buyer’s list. Your buyer’s list allows you to make offers with confidence and market with confidence knowing that you already have a list of people that are already interested in your deals before you even put it under contract! Before the housing collapse anybody could sell a house, so don’t listen to anybody who pounds their chest and says they sold a lot of properties before the housing bubble and if you find them (they are still out their living in the past) refer them to a quote my friend and mentor Kenny Rushing said “Before the housing collapse you could put a for sale sign in front of a dog house and it would sell!”
Once you have a buyer’s list you should continue to build that list and build relationships with the people on the list by taking them out to lunch or dinner or giving them gifts on special occasions such as birthdays or holidays. Always follow up with your buyers as you send them to a property to make sure they have all the information they need to make an informed fast decision. This is especially needed when you don’t have any money, you can still wholesale properties to these buyers without spending a dime just because you have a relationship. If you are really good you can even partner on deals with these buyers and make even more profits!
One of my students closed a deal for $10,000 and now the same buyers he sold the property to he is now partnering with and getting 25% of the profits! Not bad for building a relationship and not spending any money! Bottom line you always what to take time to get to know and build relationships with the buyer and get their exact buying criteria and deliver to them properties that fit that bill.Continue to follow up and check in with the buyer as their situation and criteria might change.
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Northern Liberties Fishtown Gems
Check it out! Brand- new property located in the great Northern Liberties/Fishtown neighborhood! Just a stone throw away from Temple University! (Shout out to all my fellow TU alumni) By the way, have you driven by Temple lately? The things they are doing around there is phenomenal, makes me want to go back and get my doctorate degree! (Anyway I digress! Who doesn’t digress?) I would not drag my feet on this one because the good news is its a good deal, but the bad news is we might keep this one!(Can you blame us!) Of course we never invest on future speculation, even if they build a thriving town on top of the subject property, but I see this area growing exponentially! Do you know a buyer? Bring them and we will pay you hot-soft cash! (As opposed to cold-hard cash) Let’s get it!
Key Steps to Real Estate Investing Success Virtually with NO Money
Real estate investing during this economy can be challenging, especially when you have no money and no mentor or someone to show you what is the best use of your time. So if you want to make money in this market, you must remain open and flexible and get rid of self interest. Real estate investing is an increasingly popular investment practice because people realized that it has produced the most millionaires (holler, if you are one!) However, especially in an uncertain economy like we are currently facing, achieving real estate investment success can prove to more complicated than just buying and leasing properties. Potential investors should stop buying courses and tapes and focus on improving their current business model.
Real estate investment consists of investing money, time, or energy into real estate with the hopes of amassing profits and helping out all parties involved. Generally speaking, there are three ways to profit from real estate: you sell it wholesale, sell it retail, and hold it for cash flow and appreciation. First you want to set up your resources and contacts like a database to collect your leads, realtors, title company, and private money lender to give you money for deals. (Trust me there are more out there than you think!)
Once you are set up here are the proactive steps or routine you can do right now in any market to invest in real estate virtually!
1. Marketing. All businesses start with marketing. If you don’t have leads you have no business! So start by using free marketing strategies to generate leads and make sure to save these leads to follow up. The best marketing strategies I suggest are online classified ads, articles, videos, set up a blog, and make flyers, bandit signs, and business cards ( This will cost a little bit of money.)
2. Acquire Properties. In this step you will concentrate on making offers on properties and networking with other investors to assist them in selling their properties ( finding a buyer) or buy from them. You should also set up an email listing from your relator to get properties from them. You can also look on classified sites like Craigslist for properties.
3.Create Property Traffic. In this step you will market your properties to buyers that you have acquired to buyers, making sure that the property fits their needs. This by far is the most important step! This is your money piece! Remember to overcome objectives and build a relationship with the buyer to better know what they really want!
4. Paperwork. Once all this is done transfer the verbal to paper and be sure to contact your title company and get them all the paperwork and follow up with them to make sure everything goes smooth.
If you do this everyday persistently, consistently, and with happiness and joy you will make money! I promise! You have to stay patient and remember to be positive. Yes some deals will fall apart, yes some people will hang up on you, yes some people will not get back to you when they should, but above all you don’t need anything or anybody because you are the question and answer. Stick with it and never give up!
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Junior Lien Holders and Short Sales
The short sale has always been a tricky transaction. It’s a challenge to obtain the required paperwork from the seller. It’s a challenge to find a qualified buyer who is willing to stick around until the short sale gets approved. It’s a challenge to prepare the paperwork and to get the deal accepted by the mortgage lender(s). The challenge becomes even greater when there is more than one lien holder (more than one mortgage lender) for the property being sold in the short sale transaction.
Traditionally, the first lien holder (the lender who holds the first mortgage) offers the junior lien holder(s) a small amount of money in order to release their lien. The first lien holder makes this offer because all of the liens on the property must be reconveyed at closing in order for the sale to occur. Junior lien holders may accept what is offered by the first lien holder.
You might wonder why a junior lien holder would accept, say $3000, when the loan balance is $100,000. The reason is quite simple: if the property is foreclosed upon by the first lien holder, the second lien may not get any money at all.
When I started working short sales, junior lien holders would take anything offered to them by the first lien holder: $500, $1000 … anything at all.
Increasingly junior lien holders have some strategies up their sleeves. If they want more money than is allotted by the first lien holder, they may ask for a cash contribution. Be careful to check with the first lien holder as to whether a cash contribution would be allowed. If it’s not permitted, you might find even more strategies up that lien holder’s sleeve.
To make money in short sales, visit Short Sales Money Maker
Who Can Buy Real Estate
In this down housing market and economy people often except superficial truths without investigating and seeking insights themselves about the problems they face. Currently it takes a savvy investor to capitalize on such a large opportunity that is presented to us right now. We have never seen such devastation and confusion when it comes to our economy probably ever.
That leads to a lot of fear that can only be overcome by taking personal responsibility and facing reality no matter how harsh it might be right now. This will cultivate financial literacy and independence and never again will you be reliant upon other people. There is a sense of freedom that is also felt but it must be balanced with discipline, action, and moderation.
The results of our greed and fear based choices are now forcing us to become entrepreneurs and business owners which can be a very liberating thing. The biggest obstacle to making the transition from employee to entrepreneur is time management and workload. Often when people want to change careers they can never find time. If they are successful their business becomes a glorified job weighing them down with very hard hours and workload. These challenges are best met by organizing blocks of time to concentrate solely on one thing at a time and also hiring virtual assistants, interns, employees, and creating a strong network of business contacts. Remember everything should be done gradually and consistently so you can really learn and master the process.
Real estate investing is cyclical and it will come back around, will you be in a position 5 or 10 years from now were you look back and are fulfilled or look back with regrets? Many people create passive income through real estate investing in fact it has produced more millionaires than any other industry, will you be one of them? I feel a great shift in wealth, and as the great Ben Franklin once said, “The future belongs to the educated”, because they are the ones that can utilize their strengths and immediately apply what they learn in the face of fear . Their mind is prepared and no excuse will ever overcome their will.
Real Estate has a lot of niches and I see a lot of new investors spread themselves out to thin and never commit to one niche as their specialty for fear they will lose out on something. Actually, quite the opposite is true once you have a specialty; it is a framework to add value to other people in exchange for whatever you need. Remember taking action and never giving up are the only sure ways to reach your highest potential as a real estate investor.
If you are on the fence about buying real estate, it’s time to get on the other side where the grass is greener! Check out this house that is worth 280K! Only asking 205K! Must sell ASAP! Won’t last long so hurry and make an offer now! Remember we are a one stop real estate investing business and provide all related services including construction and financing! Know someone that wants to buy? Bring them and we will pay you cash!
Want to sell your house? You got Fast Cash For Homes Now.
Want to buy a house? All you need is in Cheap Homes For Sale.
(Source: ezinearticles.com)
Why Some People Don’t Want To be Educated On there House Problems
Educating yourself on the current real estate market will introduce lots of helpful information that you will need to make a well informed decision. Most people shy away from being aware of what is going on because they fear “bad” news. Seeking additional advice from experts and professionals can also help ease the pain of what may seem to be a harsh reality. The real goal is understanding all the options that are available and how they would play out so you can pick the best one for your specific situation.
For starters, here are a few things that educating yourself will accomplish:
Negotiations: As you begin to explore your options, you will find that negotiation is a major aspect of anything that you do. In terms of time, negotiation may seem like a small part of an extensive process, but the rewards resulting from negotiation can be quite financially rewarding. Learning to negotiate with mortgage companies or other parties involved and being genuine and clear in your intent will go a long way.
Build a Relationship: Building a relationship with people you talk to is the most important thing you can do to getting your problem solved quickly. Treat each person with respect and be pleasant on the phone or in person. Smile and laugh share stories that we all as humans can relate to so you create ease and comfort.
Managing The Process: Managing the process is as easy as following up with people until you get your desired result or until you guys part ways. Doing as you promised and staying on top of things so you can be proactive and not reactive is key to having everything go smooth and fast.
Follow Through: Always mean what you say and say what you mean. Be on time with appointments and submitting task. If something comes up unexpected make sure to communication with all parties immediately and be transparent so changes can be made.
If you follow these simple steps when facing your current situation and stay positive you will be successful and be able to solve your problem fast. Often times people feel that everyone is out to get them or that they are the victim. When you carry around that attitude everyone that contacts you will seem as if they are just that, out to get you! The reality is we are all humans and we all have problems and we are the only ones that can help each other out. In other words, your next problem will be solved by a person that you may not even know yet! So stay open and flexible and take action NOW!
Need help with a housing problem? Even if you want to KEEP your house go to FastCashForHomesNow.Com and grab your FREE report so you know all your options!
For Home Buyers, visit also Cheap Homes For Sale and our main site for our complete listings, visit Real Estate Property Search
What do you think about this topic? Please share your comments and tell all your friends!
Why Some People Don’t Want To be Educated On there House Problems
Educating yourself on the current real estate market will introduce lots of helpful information that you will need to make a well informed decision. Most people shy away from being aware of what is going on because they fear “bad” news. Seeking additional advice from experts and professionals can also help ease the pain of what may seem to be a harsh reality. The real goal is understanding all the options that are available and how they would play out so you can pick the best one for your specific situation.
For starters, here are a few things that educating yourself will accomplish:
Negotiations: As you begin to explore your options, you will find that negotiation is a major aspect of anything that you do. In terms of time, negotiation may seem like a small part of an extensive process, but the rewards resulting from negotiation can be quite financially rewarding. Learning to negotiate with mortgage companies or other parties involved and being genuine and clear in your intent will go a long way.
Build a Relationship: Building a relationship with people you talk to is the most important thing you can do to getting your problem solved quickly. Treat each person with respect and be pleasant on the phone or in person. Smile and laugh share stories that we all as humans can relate to so you create ease and comfort.
Managing The Process: Managing the process is as easy as following up with people until you get your desired result or until you guys part ways. Doing as you promised and staying on top of things so you can be proactive and not reactive is key to having everything go smooth and fast.
Follow Through: Always mean what you say and say what you mean. Be on time with appointments and submitting task. If something comes up unexpected make sure to communication with all parties immediately and be transparent so changes can be made.
If you follow these simple steps when facing your current situation and stay positive you will be successful and be able to solve your problem fast. Often times people feel that everyone is out to get them or that they are the victim. When you carry around that attitude everyone that contacts you will seem as if they are just that, out to get you! The reality is we are all humans and we all have problems and we are the only ones that can help each other out. In other words, your next problem will be solved by a person that you may not even know yet! So stay open and flexible and take action NOW!
Need help with a housing problem? Even if you want to KEEP your house go to FastCashForHomesNow.Com and grab your FREE report so you know all your options!
What do you think about this topic? Please share your comments and tell all your friends!
Fast Cash For Homes Now
It’s no secret that the real estate market is suffering due to the economic changes that today’s citizens are facing. Unemployment is on the rise and more people are realizing that the home they purchased years ago; is not affordable for them now or underwater. Others that are finally financially able to purchase a home are having a hard time finding financing that they qualify for without a hair sample,blood sample, and your first born child as collateral! However, it is important to remember that a positive attitude will succeed any disaster.
As a real estate investor I am inundated with lots of calls from people that are, quite honestly, lost as to what to do in their current situation. Frankly it brings me to tears because the number one thing that they all have in common is that they were not educated on what they were getting into. Although I certainly empathize in these times, I have seen a distinct difference in the attitudes of these people. The first is the victim role, people put the blame on the mortgage company or lender for their situation and sometimes try and take action to “get back” at the other party involved. The other attitude is one of personal responsibility, these people realize that it is their “fault” and don’t place blame on anyone but themselves. At first glance the first attitude might seen correct given the greed and actions that a lot of executives did that lead us to this current housing market. Upon further review the second attitude actually is a much better position to take if you want to resolve your problem as quick as possible. It can be quite liberating to know that you are the creator of your situation and you have the power to make a new one.
When the housing market is great, you can put a for sale sign in front of a dog house and sell it quickly. When the market is bad, people are frozen with fear and tend to blame others. Actually in this current market there is plenty you can do to sell your home quickly! Your goal should be getting your house exposed to as many buyers as possible. Instead of waiting for your house to look perfect, become proactive and do not let a day go by in which you don’t take an action step toward selling your house. Remember that you have to be ready to sell when others are ready to ‘buy’. The key to surviving in this market is to continue working. You must be relentless and build relationships with other so they can help.
Need to sell a house fast in this market but don’t know where to start among the many options? Go to FastCashForHomesNow.Com
The Perfect Formula
You want to know what is the perfect formula for success? I will show you.
Faith + Work + Persistent Consistency = Anything you want!
Most people are aware that there is a spiritual element to manifesting anything on the physical plane although many people when performing works of any kind neglect the spirit. No matter what they say or write their actions are always louder. The number one thing to anyone who has been successful at any thing is the spirit. It feeds the other elements of life and without it there would be nothing! The most influential element of any spiritual work is that you will be transformed by the renewal of you mind! Instead of changed, which is temporary, it says you will be transformed which is permanent.
We have to work without ceasing because the results are left up to the spirit not us. In the world we live in now we are bombarded by constant forms that want us to confirm to the status quo instead of seek the truth we wish to see. It takes a training and a conditioning of our mind, by us, to make the difference in getting what we want. Famous teacher from The Secret Bob Proctor says” The spirit awaits direction from the soul.” In other words your subconscious mind awaits direction from the conscious mind and unfortunately most people affirm what they don’t want. On top of that, most people work hard at the weakest level of manifestation the physical. In other words they work hard doing physical activities trying to control things out of their control. You should put the most effort into the spirit which rules over everything. Faith is the thing that overcomes this world it is the substance of things hoped for the evidence of things not seen. The next part is works in most spiritual teachings it states faith without works is dead and you reap what you sow. If you sow a seed of frustration you will reap a crop of frustration. The third part is persistent consistency which means work with faith and patience until you see a result, then you read the feedback without judgement and tweak and refine until you manifest it just the way you want. Again the results are not up to us so it could take 2000 years or 2 seconds no one knows. Preparation and planning make a difference. Most people do not see the process of how to attain things, just the end result the money, car, or house, etc. If people saw or if advertisers put an emphasizes on the less glamorous process it takes to get the results nobody would want to do it. The only thing that will get you through the process is purpose and love. For example, boxer Manny “Pacman” Pacquiao runs 10 miles a day, Dirk Notvwoski take countless shots after each game. If you think about it they should probably have even better results than they have. (although a world champ boxer and one of the best power forwards ever aint bad!) Again the results are not up to us. As you work with the end result in mind remember that the work to manifest $100 is different from $100 million. Famed motivational speak Les Brown states “If you do hard things your life will be easy” and the opposite is true. Most people do easy things things and wonder why they don’ t get the things that takes more work to manifest. Author Stephen Convey in 7 Habits of Highly Successful People says, that you should do the things that are important not urgent, for exmaple, exercising on a regular basis is important but not urgent. You will see once you live as these two brillant guys say and live your life will be easy and fun!
I invite you to open you mind and look at your life as a bank with separate bank accounts for each aspect of your life. You have an account for spiritually, relationally, sexually, financial, mental, emotional, and physical areas of your life. Each day make it a conscious effort to make a deposit into each account to lay up for yourself riches far greater than this world. For example, a deposit in your mental account might be saying affirmations to affirm your purpose or desires. No matter what happens or what you do don’t let a day go by without making some type of deposit in each account no matter how small. Once you do this your life will have tremendous balance and purpose. Real estate is the same way, you must have a purpose and faith. The best investors always have faith no matter the market conditions, and are able to make money while others complain! Check out this video to help you make money in this market through faith!
Here are some suggestions that are strange but if applied can make a tremendous impact. As a disclaimer you should always test anything, faith that has not been tested can’t be trusted! So get your grain of salt out and have your mail forwarded to the edge because that’s where you will be living!
Think in images rather than words and internal dialogue.
Go to sleep and wake up visualizing and affirming your deepest desires For example if it’s money visualizes Benny, Ulysses, and Andy Jackson!
Practice relaxing your physical body all the time!
Anchor yourself in the present moment always be alert to what is going on around you. Use your 5 senses. Pay attention to what you are paying attention to.
Only talk about what you want. For example, if you don’t want to get out of your bed in the morning say don’t say “I don’t want to get out of bed ” instead turn it around and say “I enjoy staying in my bed”
If you can’t be around like minded people in the physical create a virtually environment of success through social media.
Be selfless. Don’t take anything personal no matter what! Refrian from saying I, me, my, and mine as much as possible.
Listen more than you talk. Find times to take noble silence.
Be patient and loyal to the process and learn to keep things long enough until they manifest into something positive.
(Source: realestatepropertysearch.com)

