How to Profit in Today’s Market from REO Properties

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Here’s a quick run down of what you’ll learn in this video on REO properties . . .

= > What Are REO Properties?

What REO stands for . . . how a property becomes an REO . . .

= > Why REO Properties are a Goldmine for Investors

How the foreclosure crisis feeds the REO pipeline . . . why lender’s don’t want anything to do with these properties . . . and how it all translates into killer deals for investors like you and me . . .

= > 7 Must Know Tips to Profiting from REO Properties

Why you have to play by the traditional rules with REO properties . . . the vital components that make a REO deal go round . . . how to make your offers stand out from the competition and get accepted (even if someone offers a higher price) . . . and much more!

Tags: Bank Owned Property, creative real estate investing, real estate investing, Real Estate Owned, REO, REO Deals, REO Properties, REO Property
Posted in Marketing, Negotiating, Real Estate Investment Buying Strategies, Tips and Tricks | 1 Comment »

How to Approach Warm Private Money Prospects

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Got an email from one of our readers . . . Dave . . . who is just getting started getting private money. He brought up a great question . . . he wanted to know the best way to introduce his investment program to warm prospects. Check his email out below:

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Patrick,

Hey! Hope all is going well . . . You’re beginning to resemble those gurus out there. (c’mon Dave . . . I’m just a regular guy remember : )

I had a question about initial introduction of the investment opportunity to the prospect. Do you prefer email or phone call? I’ve started to contact prospects and have received little response via email. (please note each email is sent individually to tailor toward each person, establish rapport, and reference our last pt of contact). These are not cold contacts, but individuals I already know.

Any advice? Thanks buddy.

-Dave

________________________________

Shot a quick video for you Dave . . . check it out below . . .

Send us your creative real estate investing questions . . . we’re here to help!

Get our creative real estate investing videos sent right to your inbox, subscribe to my youtube channel.

Tags: creative financing, creative real estate investing, Private Money, private money lending, private money video, real estate investing video, real estate investment financing
Posted in Real Estate Investment Financing Strategies, Tips and Tricks | 4 Comments »

How to Wholesale Out of Town Real Estate Deals

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I jumped on the phone with one of my new students last week, and he had a question about wholesaling out of town deals. He said he had a motivated seller on his hands with plenty of equity . . .  BUT the property was out of state and he didn’t know what to do.

So what’s the best way to cash in on “out of town” deals?

Well, I would have to say wholesaling would be the easiest way to . . . I’ve broken the process down to six steps  so that you can make big money on properties that are “out of town” . . .  even if the property is a thousand miles away.

Got any questions? Toss ‘em in the comment area.

- Patrick

P.S. – Wholesaling is the best way to create quick cash investing in real estate… AND you don’t need cash or credit to do so.

I made $10,000 on my first wholesale deal when I was just 22 years old!

To learn more about how to wholesale, check out this FREE 7 day mini-course.

Tags: creative real estate investing, real estate investing, real estate wholesaling, wholesale deals, wholesaling, wholesaling real estate
Posted in Real Estate Investment Buying Strategies, Real Estate Investment Selling Strategies | 2 Comments »

How to Research Real Estate Investing Leads

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You get a call from a motivated seller … they leave you a message with their name and property address … what’s your next step?

One of the first things that I do is research the lead on my local county government website. You can find out some very useful information like who is on the deed to the property, the last sale date, last sale amount, bedrooms, baths, square footage, and much more in just a couple minutes. This helps to qualify the lead and gives you additional information before you talk to the seller.

I shot this quick video to show you how to I research leads on my county website (and how you can too) …

Here’s Your Homework:

If you are unfamiliar with your local county website, go google it now … “<county name> <state> county website”. Once you find it, see how much information you can uncover … if you need help navigating the site, call and ask someone at the courthouse to help you “research real property online”.

Tags: creative real estate investing, due diligence, real estate investing
Posted in Business Management Systems and Tools, Real Estate Investment Buying Strategies, Tips and Tricks | 1 Comment »

The Simple Way to Overcome Real Estate Investing Obstacles

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In today’s post, Julie Broad of Rev N You is going to break down the simple way to overcome your real estate investing obstacles . . .

Tony Robbins has often been quoted as saying “You get what you focus on”. I think that powerful statement is the simple answer to so many challenges we face in our lives.

On a recent mountain bike ride down one of Vancouver’s north shore mountains, I experienced first hand the power of this statement. As we were cruising along I noticed a fairly large tree root sticking up from the ground on the trail ahead. I had enough room to pass on the left, but it was tight. I started to get nervous about hitting the root. I was in control of my bike and I was able to slow down, but my focus remained on the root.

(more…)

Tags: creative real estate investing, Personal Development, real estate investing
Posted in Personal Development, Tips and Tricks | 2 Comments »