January 2010

Economy

Real Estate Thought Leaders at Inman Connect, Comment on Economy

by Ryan Hinricher | January 17, 2010

I was fortunate enough to attend the Inman Connect real estate conference over the last week in New York.  Although I attended in San Francisco last summer, this year was different for particularly one reason.  The mood was optimistic.  The last 12 months has been hard on many of us in the real estate business [...]

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Real Estate Investing

Another Way for a New Investor to Build Instant Credibility With Sellers

by Jason Hanson | January 17, 2010

Three weeks ago I wrote about one of my most profitable direct mail pieces ever. It’s the endorsed mailing, where you mail a letter and include a glowing testimonial from a previous seller whom you helped–this will get your phone ringing off the hook. But now I want to tell you another way to build [...]

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Commentary

Avoid Getting Stuck in Real Estate Investing’s Paralysis of Analysis

by J. Lamar Ferren | January 16, 2010
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Are YOU Caught In The Web Of Real Estate Information? Just imagine how disappointed you’d be after trying to learn everything there is to know about a certain real estate investing strategy, studying day in and day out, only to have your competition take down deals left and right while you watch. If this happens [...]

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Real Estate Investing

How I Bought a Mobile with Land for Only $695.00

by John Fedro | January 16, 2010
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Here’s a fun deal I put together for a mobile home attached to land. I purchased the mobile home (a beautiful, free and clear, 1991 single wide with screened porch and carport sitting on ¼ acre) for only $695.00. I was contacted by a woman (let’s call her Clair) that wanted $35,000 for her mobile [...]

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Real Estate Tools

The Associated Press Economic Stress Index Tool

by Tom Koziol | January 15, 2010
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Economic stress seems to be an apt description of today’s environment. Unemployment, foreclosures and bankruptcies seem to have hit every nook and cranny in these United States. Put another way, I don’t care where you live, your jurisdiction has its share of these problems. Wouldn’t it be nice if you had instant access to a [...]

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Real Estate Wholesaling

Four Reasons Wholesaling is a Great Way to Make Money With Real Estate

by Stephani Davis | January 14, 2010
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When I first started learning about making money with real estate, I often found myself overwhelmed.  There were so many different strategies available (short sales, rehabbing, buy and hold, subject to, wholesaling, etc), that it was hard to choose just one.  One month I would be reading everything I could get my hands on about [...]

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Real Estate Marketing

The Most Important Question (that Most of Us Answer Poorly)

by Christian Russell | January 14, 2010
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What do you do? It’s one of the most common questions we get in social networking. In person, online…it’s all the same. When people meet you and like you, they want to know what you do. Do you have a good answer? It all Begins at the Beginning Think of how crucially important the answer [...]

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Starting Out

Conquering Your Fear When The Phone Rings

by Shae Bynes | January 14, 2010
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When I first started real estate investing, the only seller I was dealing with was the bank. During the middle of last year, I started a direct mail campaign to absentee owners and I was a nervous wreck whenever I had to talk to a seller. What if I said something stupid? Would the seller [...]

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Real Estate Marketing

Forced Registration Vs. Free Home Search – Why Not Do Both?

by Ben Roberts | January 13, 2010

I read an article on RISmedia (that was a total product plug) about Internet Prospecting that’s 16 times more effective… It got me thinking about forced site registration vs. free home searches and the debate that inevitably ensues.  That article pointed out some amazingly ridiculous facts. 65% of real estate agents have websites 90% of [...]

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Commercial Real Estate

Alternative Financing Options for Commercial Real Estate

by Ted Karsch | January 13, 2010
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Despite the fact that banks are not lending like they used to on construction projects and commercial real estate there still exist many alternative financing options for the commercial real estate investor who is willing to do some leg work and research. The following are a list of alternative funding sources that are being used [...]

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Foreclosures

Here Come The 1099-Cs Turning YOUR Short Sale Into A Big Headache

by Charles Feldman | January 13, 2010
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If you are like the small, but growing army of folks who have dumped their homes back on the banks in a short sale—and are feeling pretty good that you managed to get the bank to forgive all that debt you owed—stand-by! The IRS is about to dump an even bigger one on YOU! Ever [...]

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Mortgages & Lending

Will Banks Ever Lend Again, and if so, How To Get Your Deals Funded

by Peter Giardini | January 12, 2010
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I was speaking with one of my coaching clients this morning whose has purchased some killer deals using his Home Equity Line of Credit and private lender funds.  This client now needs to recapitalize to get the cash out of these properties so that he can continue his buying spree. During the course of the [...]

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Commentary

Blame California. (But Don’t Be Afraid To Invest Here).

by Florence Foote | January 12, 2010
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Californians have gotten used to being blamed for many ills.  Some years ago, the good people of our neighbor state to the north were said to have erected billboards declaring “Don’t Californicate Oregon.”  Sadly, many Californians understood exactly what they were talking about, and far from being insulted, were none too crazy that our own [...]

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Real Estate Investing

Tax Free Income From Your Real Estate Investment Success

by Jeff Brown | January 12, 2010
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How often have you heard or read somebody declare that when you retire, your tax rate will go down? The third rail, at least when I’ve written about it, is the 401k — which might be the best designed transfer of private wealth to government coffers ever. One might gently ask the question, “How’s that been [...]

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Economy

Investigation into Pending Home Sales Reinforces Recovery

by Ryan Hinricher | January 11, 2010

On the 5th of January, the National Association of Realtors released its latest Pending Home Sales Index (PHSI), showing a 16% decline over October.  Almost immediately the media seized these numbers and outlets like MSNBC reported “Housing Industry May Be Headed for Double Dip”.  Of course any decline anywhere in the economy right now is [...]

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