January 2012

Short Sales

What’s Going on in REO World?

by Melissa Zavala | January 31, 2012
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Crazy, crazy, crazy. One of the agents in my office recently got an assignment for an REO. How exciting!. Agents love REO assignments, and this wasn’t his first. Here’s the crazy part: When I was going over the paperwork, I noticed that the property had been foreclosed upon by the lender in 2008. I couldn’t believe it, so [...]

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Real Estate

If I were designing a Real Estate Investing Course

by Michael Zuber | January 31, 2012

Please Note this is just an outline of a sample course and I am not selling or promoting anything. I am simply frustrated by the lack of straight forward, simple to understand real estate investing courses. I was so frustrated that I took some time on my yearly vacation to design an eight-hour program that [...]

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Real Estate

Life Changing Mentors

by Sharon Vornholt | January 30, 2012

I was listening to a program recently and the hosts were talking about mentors; specifically about the people in their lifetime that had actually changed their life. What these folks were talking about in most cases was someone that listened to them, valued them, had given them crucial information or a “chance” at something. They [...]

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Real Estate Marketing

Advertising on the top of a cab?

by Jason Hanson | January 29, 2012
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I’m a big believer in always testing new marketing ideas. After all, an idea you think is never going to work may turn into a blockbuster method and get you a ton of deals. In fact, just this morning I had a friend of mine email me and tell me that he was in a [...]

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Real Estate Investing

How to Buy Real Estate after a Strategic Default

by Marty Boardman | January 28, 2012
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A patent attorney.  A certified public accountant. A physical therapist.  A Realtor.  A retired utility company worker.  A mechanical engineer.  A doctor.  A nurse practitioner. An elementary school psychologist. These are just a handful of people I know that have strategically defaulted on an underwater mortgage. While their backgrounds and occupations are diverse, all are [...]

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Real Estate

Real Estate News by the Numbers: Week of January 21 – January 27

by Douglas Lazovick | January 28, 2012

A quick rundown of the important real estate news from the week of January 21 – January 27, by the numbers: $25 Million – Listing price for billionaire Tim Headington’s Miami Beach penthouse. The 11,962 square foot unit is located next door to Dallas Mavericks owner Mark Cuban’s unit. 6.2% – Drop in new U.S. homes [...]

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Real Estate Marketing

4 Tips for Creating Killer Real Estate Marketing Emails

by Jeff Logue | January 27, 2012
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Did you realize that you could currently be sitting on a mound of cash for your business? Leads that are literally ripe for the picking? And in fact, most of your competition is probably not taking the necessary steps to liquidate this real estate marketing goldmine into consistent closed transactions. What I’m referring to is [...]

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Real Estate

Make Agents Your Seller Financing Allies

by Kevin Kaczmarek | January 27, 2012

It’s  a hurdle most real estate investors run into early in their careers….  How to find real estate agents that understand the “unique” offers investors make to seller’s agents. Whether it’s the idea of buying with seller financing or taking an option on a property, most real estate agents have never heard of these transactions [...]

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Real Estate Marketing

5 List-Building Strategies For Wholesalers

by Ken Corsini | January 26, 2012
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Many new real estate investors find an entry point into the world of real estate investing through a strategy commonly referred to as “wholesaling.” Wholesaling is essentially a business model wherein the wholesaler puts in the time and effort to secure a contract on a potential real estate investment. Once the property is secured by [...]

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Real Estate Investing

Mortgage Notes – A Hard “Land-ing”

by Alan Noblitt | January 25, 2012

Yesterday, a guy called me wanting to sell his mortgage on a small piece of land located in a desolate area, far from any population centers.  The parcel had access to water (from a well) but no other improvements.  He purchased the property last summer for $60K and had just sold it for $110K.  Of [...]

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Economy

America’s Love/Hate Affair with Investors

by Steve Cook | January 25, 2012

When it comes to residential real estate investors, there are clearly two points of view today within the real estate industry and in Washington.  Some applaud investors for plunking down their own dollars to save decaying homes in moribund neighborhoods and reviving local real estate markets.   But investors come under fire by others  for out-competing [...]

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Real Estate Investing

Attention Cash Buyers With Cheap, Free ‘n Clear Rental Homes

by Jeff Brown | January 24, 2012

It’s so enticing to be able to buy a home relatively cheap, for cash, isn’t it? Sometimes, though rarely, it’s even better when they’re young and pretty. If there’s little or no fix-up, the high lasts extra long. You’re in that sweet career spot where you’re above the middle point in your career earnings, say [...]

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Short Sales

Pre-Approved Short Sales: Are They Real?

by Melissa Zavala | January 24, 2012

Rumors, just like viruses, spread like wildfire. One of the biggest topics that goes through the rumor mill seems to be the subject of the pre-approved short sale. Is there some such a thing as a pre-approved short sale? – a short sale whereby the seller calls the bank and the bank agrees to a short [...]

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Real Estate Investing

Five Reasons Why I Keep My Full Time Job while Investing in Real Estate

by Michael Zuber | January 24, 2012
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I have been asked many great questions by the readers of BiggerPockets, but one caught me off guard and caused me to sit back and think about what we are doing: “Why I are you still working and why haven’t you jumped into investing full time?” I found the question to be very thought provoking, [...]

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Real Estate Investing

4 Ways to Build a Strong Real Estate Investing Financial Education Today

by Spencer Cullor | January 23, 2012

“If you think education is expensive, try ignorance.” – Unknown Your first real estate investment should be a solid financial education If you are like me, you’ve probably made a few mistakes in your investing career. Every successful real estate investor has made plenty of them. However, you can limit your mistakes and increase your odds of [...]

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