New Real Estate Investing Strategy
Jun 24th
How about a new real estate investing strategy, for a change?
One with less saturation by other “course takers”. Here are some changes quietly happening in the banking industry that can help you load up on cash flowing rental properties, or properties to flip to other investors for quick cash.
In the last few years banks have been under severe pressure from Congress to cut down the number of bad loans on their books – through the loan modification process.
The government even incentivized them to participate. … Yet the banks have done NOTHING about it! More >
Got Empty Houses? Need Owner Financed or Rent-to-Own Buyers?
Apr 28th
Do you have any houses in your inventory you’re looking to sell with rent-to-own or owner financing?
I manage over 100 owner financing websites in all 100 major metropolitan markets in the country. In over 50% of the markets these sites are #1 on Google. In another 40% they are in the #2, or #3 slot.
Remaining sites are all on the first page of Google.
These sites are generating rent-to-own and owner financed buyer leads nationwide. Currently I’m getting a new lead every other day from this network of sites.
If you have an owner financed or rent to own house in one of the major metro markets you’re looking to sell – we should talk.
Here are some buyer leads I have right now (most wanting to move immediately or within 30 days): More >
Marketing For Sellers Online
Apr 26th
Marketing for sellers online through real estate investor websites is one of the inexpensive ways to create a trickle of leads without putting out big bucks for a lot pricier advertising media, such as TV, radio, newspaper, street signage, direct mail or even Yahoo or Google classifieds.
The basic elements of a good website for home sellers are:
#1. Getting or creating a website targeting home sellers
Obviously you need to have a site. It’s the face of your real estate business online. The site for home sellers should look professional. The site should have the content appealing to a home seller who’s in a hurry to sell. That requires creating a persuasive marketing message that communicates to such seller you’re in a position to help him get out of the property fast.
#2. You must get targeted traffic to your site
For example, in my real estate market in Austin, TX the kind of home seller I’m after will likely type into a search engine something like: “sell home fast in Austin“. They could also type More >
Private Money For Real Estate
Apr 26th
Are you putting the cart before the horse?
This thread is in response to the make money in real estate video I posted recently.
The question came from one our my subscribers after he watched the video. It’s a valid question, so I’m addressing it below.
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Hello Alex:
I just watched the I spy Lender Video…. It makes all the sense and would be a great tool to have. I am ready to place the order….. However I have to sort out a very important issue… Based on your advise used correctly, I am sure I would find private lenders… My problem would be where, how do I find these properties to use the available funding? Right now buying the video, even though I want to, would be like putting the cart before the horse, would it not?
Would look forward to getting an answer and buying the program for swift application.
Thanks
rashmi desai
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No, it’s not putting the cart before the horse. It’s the opposite. The horse is the funding for your hot deal. The cart is the deal that you are able to fund.
It’s the funding that will be pulling your deal through to closing.
When this kind of a deal with a big discount drops in your lap, it’s too late to be looking for money. More >
Real Estate Investing Oxymorons
Apr 26th
A bald person with long beautiful hair?
….. a square circle
….. a red that’s blue?
These are all oxymorons, things that don’t exist.
Here are few examples of these oxymorons that investors are looking for, that don’t exist in today’s economy:
- Financing with 5-10% downpayment for landlords for rental properties — doesn’t exist anymore
- 80% LTV cash out loans for investors that let them pull out their downpayment and equity from the property within 6 mos of purchase — bye-bye
- Buyers willing to take over your deals and pay premium prices for them, hoping they’ll still go up even further — so gone now
- Hard money lenders wlling to finance these buyers at 70%-80% of the current value — bankrupt and out of business
- Banks willing to accept $100 as earnest oney and continue to extend your purchase contract for as long as you need to find a buyer who pays more — never were here to begin with
If you want a doze of REALITY that still has place for deals with large checks attached to them in today’s soft market, watch the video below with several case studies of what works TODAY, not what worked in the past.
It’s been getting terrific “wow” reviews.
If you’re barely surviving or already started looking for “greener” pastures… you might just overlook the acres of diamonds in your own backyard..
Start playing make money in real estate video and repeat in your own backyard.
-Alex
Make Money In Real Estate
Apr 26th
The video below has several case studies that explain how you can start putting together juicy real estate deals in today’s market that pay you on day #1 with sizable checks.
It’s been getting terrific “wow” reviews.
Simply “steal” the strategies shown in the case studies and use them in your market. Neither your own capital, nor banks are required.
It might just be the missing link that stops you from joining the 2% of real estate investors who’re thriving in this “new” economy, while the other 98% are either barely surviving or have already left the industry looking for “greener” pastures.
If the video play button doesn’t show above, use this link make money in real estate to start playing the case studies.
Watch the case studies and repeat this in your backyard.
$13,000 Cash Down To Owner Finance
Apr 14th
It’s a crazy market out there with so many people having hurt their credit. However, it’s also an opportune time where money could be flying to you out of nowhere, if you play your owner financing cards right.
My previous example in the post below was about a California (Sacramento area) buyer with $5,000 in cash in hand ready to jump on a house with owner financing.
Here’s is another example. This time it’s from my El Paso Owner Financed Homes website.
Take a look at this email (click on the email to enlarge).
You can see the initial email he sent me from the Texas owner financing website, my reply to him, and lastly – his reply where he’s offering his $8,000 first time home buyers tax credit as a down payment PLUS his $5,000 cash in hand.
Ladies and gents, it’s $13,000 in cashola YOU could and should be pocketing right now left and right in your town. Yes, in this bad economy and in this terrible real estate market that sees real estate investors everywhere running for the doors.
Let them! You’ll have more customers with cash to take care of. Think about ALL the foreclosures and short sales that have occured in your town in the last 12-24 months.
Guess what? These are all people saving money right now and looking to buy another home…. with OWNER FINANCING. Because all of them just won’t be able to get a regular loan for a while.
Once they get their job and income back, they’ll start saving and they’ll need YOU to help them into a decent home. Will you be ready?
If you’re wondering about the real estate investor websites I use to attract owner financed buyers, you can find more information at Investor-System.com
How To Attract Owner Financing Homebuyers
Apr 12th
I got several emails with questions about how to promote an owner financing site that generates homebuyer leads with people who want owner financed houses.
There are quite a number of ways. One of the simplest ways is to create a basic video and distribute it to video hosting sites like YouTube.
It doesn’t have to be fancy, it just has to communicate to home buyers who seek homes with owner financing. Here’s an example for my site Austin Owner Financing.
Click on Image to play.
1 Day To Owner Financing Buyer With Money In Hand
Apr 9th
I’ve been telling you about the fact owner financing can be the quickest way to draw out buyers with money to you.
Here is an example.
Yesterday afternoon I put up a brand new website called California Owner Financing .com As the title suggests, this site targets owner financed homebuyers in the state of California.
This morning, less than full 24 hours later, a buyer found this site and submitted a long application to buy a home in Placer County, CA.
See a screenshot from my email with the lead below. Click to enlarge if needed.
He has $5,800 a month paycheck and $5,000 in cash to put down. He’s looking for something with $2,000 a month payment, but is willing pay EXTRA $500 a month.
Do you see how this tight & highly challenging for many buyers mortgage financing climate puts you, a real estate investor, front and center of people looking for easy to get in homes with owner financing?
Right now you can take over houses with existing financing from people who can’t sell them, with no money down — and turn them over to buyers scouting owner financing websites with cash down payment funds in hand.
Many of them are willing to pay extra monthly to get in, IF you ask. I always do on the application on my websites.
Since YOU are the one extending owner financing – YOU are the bank. All approvals can be given on the spot. Buyers could be moved in quickly. No long, drawn out applications, qualifying for loans, etc.
No need to rely on wholesale cash buyers to bail you out. You don’t need private money lenders either. And you sell the house for a full market price, no discounts.
But here is the part I like the most. You can take over a house with existing payments of $2,000 – the kind this particular buyer wants. Then you sell it to your buyer. However, you structure your owner financed payments so the buyer pays you $500 a month extra.
After all, on the application he indicated the willingness to do so, didn’t he?
So you end up with the $5,000 cash down payment from the Buyer PLUS $500 a month NET cash flow stream on a house you bought without money… and instantly resold.
This is the biggest opportunity today that doesn’t require any cash or credit from you to get into the game.
It’s not the cash and credit that you need, but the SMARTS and willingness to take action while other are running for the cover. Feel free to post your thoughts on this matter.
By the way, Bill Bronchick owner financing course will help you get started with no money down and no credit investing.
Short Sales: Have You Missed The Big Trend?
Apr 1st
If you owned a hot dog stand, would you take it to the university parking lot during a weekend football game…
OR
would you drive it to a park on the other side of town?
That’s a no brainer, isn’t? You’d be selling to tailgators all day long.
Then why aren’t you putting your real estate investing stand where the biggest opportunity in real estate investing is — the government endorsed and subsidized Short Sales?
You could become filthy rich by following the biggest short sales trend we’ve ever had. And it’s reenforced by powers that be as we speak. It’s the trend that’s happening with or without you. You can stay ignorant, or you can make the trend your friend. More >