Tracy Royce, Author at The BiggerPockets Blog

Archive of Tracy Royce

Tracy (G+) is an Arizona Short Sale Realtor, Investor, Rehabber, and Foreclosure Expert. She also is an avid blogger, vlogger and consultant on all things Arizona Foreclosures.

Tracy has written 21 articles for The BiggerPockets Blog.

Short Sales

Fannie Mae And The Ghost in the Machine

by Tracy Royce May 16, 2013

As a short sale and pre-foreclosure specialist, my prerogative and fiduciary is with distressed sellers. Working between sellers, buyers, lenders, HOA’s, 2nd lien holders, agents, attorneys, and title agents becomes something of a juggling act. However, the bottom line is that we offer solutions in the marketplace, for which we ultimately profit. With my experience, [...]

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Real Estate Marketing

4 Steps to Creating a Sucessful Real Estate Website

by Tracy Royce May 9, 2013

With a competitive type business like real estate, it’s nearly a necessity to have an online presence. Of course, it is possible to operate a successful outfit without one, but most folks and associates are surely going to Google you, your company, and want to learn what you’re all about. I see many BP’ers talking [...]

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Flipping Houses & Rehabbing

3 New House Flipping Rules for 2013 and Beyond

by Tracy Royce May 2, 2013

There’s no denying false appreciation brought out the brave, arrogant, and opportunistic speculators. It was the age of a Tulip market crisis, only about 400 years later. Personally I’m glad to see the “easy money makers” leave; it let the crème rise to the top. But, time and a quite roar of rumors softens the [...]

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Investor Psychology

How Principles of Yoga Can Help Your Real Estate Business

by Tracy Royce April 26, 2013

Real Estate Investing is the type of vocation that can drive you mad, stress you to the limit, and soak up as much personal time as you allow it. It’s not a dig on the industry, it simply is what it is. For me, yoga has been a place of solace, empowerment, and humility throughout [...]

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Real Estate Investing

Real Estate Investing Math Pop Quiz: Test Your skills!

by Tracy Royce April 18, 2013

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If you’re like me, the thought of doing math makes me cringe. Doing algebra nearly doubles me over in pain. But, I love real estate and all the analytics that go with it. After all, a house is just a house until you run the numbers enough to know it’s a deal, right? The nerd [...]

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Real Estate Investing

Who Invests Better: Young Bucks or Old Dogs?

by Tracy Royce April 11, 2013

Much can be found online and otherwise exalting the importance of starting retirement investing at a young age. But often people don’t find the importance, motivation, or patience it takes until much later to start their investing journey. Enter in real estate, quite possibly the sexiest avenue to invest, with the smallest barriers of entry [...]

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Real Estate Investing

How and When to Follow Up with Distressed Sellers

by Tracy Royce April 4, 2013

Persistence, persistence, persistence. I tell myself and others that this is largely the key to success, in real estate and other worthy endeavors. So why do I let the human side of me creep in to hinder my follow up? “What if they don’t like me because I keep calling them?” “What if they’ve already [...]

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Flipping Houses & Rehabbing

Should You Invest in Homes with a Pool?

by Tracy Royce March 28, 2013

Maybe it’s the 8 bags of shock I’ve been exposed to over the last two days that’s “inspired” me to right this post, but either way, I know I’m not the only one with the looming feeling investors might face this time of year. “Should I buy a house that has a pool?” In places [...]

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Short Sales

Short Sale Vs Foreclosure

by Tracy Royce March 21, 2013

As Investors and Buyers, coming to the aid of a distressed Seller is what we’re supposed to be highly skilled at. Depending on their situation, and the condition of the home, their options may become more and more limited. It may come down to not what they want, but what options they have left. In [...]

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Real Estate

Foreclosure Finds: Top 10 Scores I’ve Found in Houses

by Tracy Royce March 15, 2013

Every time I unlock a door to a vacant foreclosure, I feel like I am on some sort of intriguing game show… “Junk, treasure, or clean?” (insert cheering crowd and catchy jingle). My heart palpates a little in anticipation, first and foremost hoping no vagrants or hazardous materials are inside, but also in wonderment if [...]

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Real Estate

Where’s the Wealth in Real Estate Education?

by Tracy Royce March 7, 2013

As a beginning or budding investor, you learn from real world experience that this business will expose your weak spots of know-how. This translates to lost opportunities, lost deals, and smaller paychecks. The goal of BiggerPockets, of course, is to give you an open forum of knowledge, unmatched in the real estate investing world, to [...]

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Real Estate

Word On The Street Is, You’re a Jerk…

by Tracy Royce March 1, 2013

Or worse, for that matter. Liar, swindler, two-timing investor. Being behind the scenes in one of the hottest foreclosure markets in the country the last 10 years has taught me one important thing. The number of high-level players in the foreclosure/investing community in any given market is probably not THAT big. No matter what the [...]

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Short Sales

Deed Restrictions and Short Sales: Can You Still Profit?

by Tracy Royce February 21, 2013

In the Investor community, garnering an edge in your marketplace and being “legally creative” can pay the bills. Such has been the case, and subject of much debate, around short sales and quick re-sales. As a disclaimer, none of the information posted in this article is to be construed as legal advice, and is posted [...]

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Real Estate Marketing

Lead Generation: What Makes you Different Can Make you Rich

by Tracy Royce February 14, 2013

Witnessing in my lifetime a black president being inaugurated not only once, but twice, is an inspiring spectacle that highlights we as Americans are embracing change. I listened to the event through NPR all day, and periodically took a break to watch some of the days highlights on TV (I for one felt the President’s [...]

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Short Sales

How to Win During Inspections When Buying a Short Sale

by Tracy Royce February 7, 2013

Let’s assume that you’re the type of buyer that is A-OK with putting in an offer on a short sale. (I’ll give you a second to clean up the coffee you just snorted out from laughing). Let’s stretch a little and say, said short sale has been accepted at a price that seems to make [...]

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