Before we jump into real estate investing, we need to explore some vital points.

Real estate is a broad term and should therefore be considered thoroughly when committing to the types of properties that you’ll be investing in.

Real estate includes raw land, farm
land, residential real estate, and commercial real
estate. Residential real estate inculdes condominiums,
single family houses, small multi-unit properties
(duplexes, tri-plexes,four-plexes, etc.), and larger
apartment buildings and complexes.

Commercial real estate includes office and professional
buildings, strip malls, and all types of property used in
the manufacturing and service based industries.

The principles of locating bargain properties, analyzing
their profit potential, using creative finance in the
acquisitions process,making offers and closing deals,
adding value, and carrying out the management function–
all of these factors apply more or less equally to
the various kinds of real estate that could be of
interest to investors.

However, for the investor who stands at the beginning of
his/her career, the most logical place to begin is with
the smaller properties–
single family homes and small multi-units.

If you’re in the process of acquiring the skills and
expertise associated with the real estate investing
field, would it not make sense to cut your “eye teeth” on
the simpler transactions where the risk is lower and the
exit strategy is fundamental?

The larger residential properties are a step above, where
more sophisticated interactions and problem-solving come
into play–and where the risk is greater but so is the
reward. And the commercial realm brings with it a
whole array of challenges related directly to the local,
regional, and national economy, and the viability and
staying power of various business tenants who are going
through the ups and downs of commercial life in ways
about which residential tenants in general need
not worry.

Similarly, real estate development and lot subdivision,
while offering the potential of high rewards, also
presents a variety of complex challenges not recommended
for the untrained investor.

For this reason, you might adopt the concept that a lot
of “little” deals can add up to a great deal of success.
Single family houses and small multi-units hold out the
potential for considerable profit, if acquired and
managed (or sold) appropriately.

There will be time enough for the macro-transactions after you have
developed a professional modus operandi in the real
estate field and learned the ropes that are second nature
to the “big dogs.”

That is not to say that the beginner or intermediate
investor who comes upon a fantastic bargain in the large
property arena should shrink from taking a close look at
it.

After all, if needs be, a partner can be brought into the
deal who has the needed skills, cash and experience.

Simply put,the smaller properties are the logical place

to focus at the beginning.

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If you haven’t already registered for the free REO training webinar and most importantly

to WIN one of those 3 FREE Houses- Get Your Name In Now.

The Free House Giveaway Winners Will Be Announced!
On the webinar Kenny will announce the THREE winners of his FREE house giveaway. Please note: You MUST be on
this call to hear the winners announced.

** Register for the Bulk REO Trader webinar right now and you’ll get instant access to the Cash Flow Retirement Strategy Video as well. In this video you’ll learn a highly effective strategy for getting properties FREE and CLEAR and rent them out for

MAXIMUM cashflow to FUND YOUR RETIREMENT!

Register Here To Join The Call

Have fun and I’ll see you on the call with Kenny !

For Sale By Owner’s or FSBO’s…pronounced “Fizboes“.

For investors like myself, when I come across a For Sale By Owner Sign…I’ve died and gone to  heaven. For starters, I’ve fortunately come across a property that isn’t listed on the MLS which means that everyone and their grandfather won’t already know about it. The gives me an edge…one that offers more opportunity than a listed property.

I’ve been able to negotiate some great deals on For Sale By Owner properties, resulting in some massive wholesale profits. When I’m able to take down a deal that’s below market value, I can pass that savings/some of that profit on to my buyers because there’s no commission either.

You never know when you might run across one of these awesome opportunities and if you haven’t already- you certainly will and when you do, you’ll be so glad that you have this Fizboe Form/Script in your real estate investing arsenal of forms.

>>>>Click Here To Download the Fizboe Form/Script

and while you’re adding tools to your arsenal

if you haven’t read this PDF about Bulk REO trading
yet, I recommend it. I had the chance to check
it out a few days ago and have to admit that I’m definitely intrigued with it.

I’m told that this guy is intending to give away 3 free-houses
or something wild like that.  I really and truly have no clue what that’s
about or how he intends to do it…but that’s what I hear anyways.

>>>>Click Here To Download the “Arbitrage Conspiracy Report” and enter the free house giveaway.

Check in with ya later!

Karen

The Art of Robbing Banks

By Pre$ton Ely

The richest and smartest people in the world go where the money is easy. They’re really pretty lazy. They refuse to fight uphill battles. Rather they opt to slide down slippery slopes of joy.

Now that the market has decided to go “Britney Spears” on us we need to take a closer look at what we are doing here. We need to make sure there isn’t something “easier” out there than dealing with the standard “motivated seller.”

It turns out there is.

Before the market took a nosedive, our “I Buy Houses” classified ad in the Tampa Tribune was one of like thirty. But now? We are one of only four.

Where did everyone go?

I was just interviewing one of the nation’s top wholesalers who told me he is currently spending ZERO dollars on seller marketing. He used to spend $8,000 a month. Where are his leads coming from?

Everyone is switching to REO Bank-Owned foreclosures.

And there is a reason for that.

Ever since the stimulus package was unrolled banks have been giving away their inventory of foreclosed homes like unwanted clothes to goodwill. And they are able to do this for good reason. A reason which you will learn very soon.

We recently picked up a house from a bank for $2,500 smack dab in the middle of Tampa. We flipped it immediately for a $20,000 profit. Never spent a dime.

You can do the exact same thing … if you know what you’re doing. (wow … that’s a big “if”)

How would you like to be the recipient of some of these “rag tag” houses? Well you can. Easily. You simply have to know where to stand in line and how to claim your fair share.

Up until now, investors have been paralyzed with fear when it came to flipping REO (bank owned) foreclosure houses. The biggest obstacle? Non-assignable contracts. Banks don’t like wholesalers. They’re weird like that. Whoever’s name is on the contract must close (in their name) on the deal.

Obviously this is not the game we play. Using your own money is for morons with no brains. Rich people (even billionaires) do not use their own money. We use the moronic people’s money. : – )

But what if there was a way to sneak your buyers in to close on the property for you right underneath the bank’s nose while you get paid your $10,000 “flip” fee right at the closing? And what if that way was totally and completely 100% legit? You would want to learn this tactic I’m sure.

As a “problem solver,” which is what you as a real estate investor are, you need as many tools in your tool belt as possible. There is no such thing as “knowing enough.” The very best in our industry never stop growing and expanding their repertoire of investing strategies (except for Stick Boy). I just watched as Than Merrill devoured The Short Sale Kid’s entire home study course on a recent plane trip. Than is already a master of short sales. But in his words, “if I can get just one new tip from a course it pays me back many thousands of dollars.”

Unfortunately, the step-by-step process for doing these secret REO “double closes” would take much more than this article to explain. But a more in depth tutorial is on the way to you soon. Keep your eyes peeled.

Does the old way of “motivated seller marketing” work? Absolutely. We still do it every day. We have direct mail campaigns, and classified ads, and ppc ads, and a host of other strategies in place at all times. But we are also doing some REO’s. We are “both/and” kind of people. Either/Or thinking is for the small minded. Large souls want it all.

You can have it all.

Starting right now.

Pick Up Your Own Free Copy Here Right Now- Just tell us where to send it….