Alex
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Posts by Alex
Private Money Lenders Can Create A Surge of Juicy Real Estate Deals
Nov 26th
Access to private money lenders can have a multitude of positive effects on your real estate investing business. It’ll help you close more deals and make more money.
One of the least obvious perks of using private money lenders is – you can get highly profitable deals trickling down to you automatically. You won’t have to spend money on marketing or spend hours of your precious time scouting MLS for bank owned REOs or other distress properties, making dozens of low ball offers… And hope one will get accepted.
There is a better alternative. And it happens in the natural process of buying and selling houses with private money financing. It works almost like a self-fulfilling prophecy.
When you use cash from one of your private money lenders to buy a house, you can fund and close your deal in a week, instead of taking 30-45 days typical for a closing with a conventional mortgage loan. Every time you use private money loans to close fast – more title companies and real estate agents will become aware of the fact, you’re one of the few, very few real estate investors who can perform. In real estate industry a fast, problems free closing is a commodity in high demand.
For real estate sales professionals – fast closing means they get paid sooner. In today’s tight financing climate when buyers take forever to get approved for loans, Realtors will love you for helping them get a commission check in days rather than months. While many contracts never get to the closing, the fact that your deals funded with private money are sure to close will make you even more valuable to both title companies and agents.
Real estate agents who routinely list REOs will keep your name and number handy. They’ll call you every time they have a foreclosure listing they’re getting ready to put on the market. Clearly, they’d rather have you submit an offer with cash from private mortgage lenders than an unknown buyer who needs an approval for a bank loan.
Imagine a different scenario. A real estate agent has a listing on a bank owned property. The property sells to an investor at a huge discount as a result of drawn out negotiations with the bank… But the buyer couldn’t close on the deal. Now the agent has to find another buyer quickly, before he loses the bank listing.
He’ll have to go through his Rolodex to find his most reliable buyer who can close fast with cash or quick financing arranged through private money lenders. If he doesn’t have one already, he’ll ask the title company and his office colleagues. Who gets the call about the deal? You, of course! You’ve proven yourself in the past in your marketplace. You slide right in and pick up a juicy bargain delivered to you literally on a silver platter at the same low price.
The more deals you close using private money lenders, the more professionals will like and trust your ability to deliver fast, guaranteed closing. And the more deals will “magically” find their way to you. Buying properties at discounted prices using private money lenders doesn’t get any easier than this.
Secret Video Leaked Out On Jeff Adams REO Riches Formula
Oct 22nd
I just came across the video that exposes the real truth about Jeff Adams REO Riches Formula product. 
I realize you must be sick of it by now, having received hundreds of emails from various real estate investing list owners. At the same time, if anything, all that traffic has created quite a confusion, a nightmare for you, an investor who’s trying to decide whether or not REO Riches Formula is right for you.
We’re talking a sizable investment here, several hundred bucks, that you’re thinking of plunking down on this Jeff Adams training program. And you want to be sure: (a) It’s for you, and (b) It has the “juice” to get you the financial results you are after.
Well, then you ought to TAKE A LOOK AT THIS VIDEO that will give you an overview of everything you’re going to get with REO Riches Formula and how it’ll deliver the deals, the money for deals and the checks you need.
Best REO Riches Formula and Bonus Revisited
Oct 19th
Yesterday I was on the phone with a consulting client and a long time customer of mine Jeff A. from Indianapolis.
No, he’s not Jeff Adams whose REO Riches Formula has been making headlines and that’s scheduled to be out for grabs at NOON this Tuesday, October 19th.
But in the last week he bought a couple of foreclosures and he got them at super discounted prices. He’s cleaning them up now and will resell with a nice markup at below market prices.
The secret of his success? Simple. He paid cash for both and offered fast close. In one case he offered a 7 days close and the seller countered with a 4 days closing… he agreed and go the deal signed off.
It’s interesting how often real estate investors don’t have a clue when it comes to seemingly small things that influence whether your offer on a bank owned REO property has a chance of being accepted…
Or will likely be trashed….
Or worse yet, will disappear in a long pile of “maybes”, to revisit later.
You can turn heads and make banks and private lenders pay attention to your offers IMMEDIATELY, no matter how low it is, when you show both the willingness and the ability to write a check fast….
Jeff Adams offered a bonus tip to this very fact in one of his REO Riches Formula downloads.
To the bank TIME IS MONEY. The longer it takes to find a buyer, the longer the closing time, the more uncertain contract and the sale are – the less they like it and the more they’ll resist it.
The opposite is true. Put very short and very few contingencies in your contract, remove financing contingencies, put a fast close (like 7 days or less)… and you’re well on your way to get priority consideration and acceptance.
Moreover, with a fast closing date in your contract and few contingencies – you’re also getting the agent pretty excited about getting his commission soon…. He’ll be on your side and will insure your contract is seen by the lender.
So, what would be the best Bonus for Jeff Adams REO Riches Formula training course? I think you already know it. Putting you in a position to pay cash for deals. I can’t give you my money, but I’ll do the next best thing – give you my collection of private money raising resources.
See more here on my take for the REO Riches Bonus.
Jeff Adams REO Riches Formula
Oct 12th
With all the hoopla and emails flying back and forth about Jeff Adams REO Riches Formula it’s easy to get confused. So I created 3 blogs to cover the actions that’s going on and post some tips about the info on the freebies Jeff Adams is releasing as well as the actual course.
General ramblings about the product – Read and Post here: Jeff Adams REO Riches Formula
The discussion and the wishlist for the Bonus you’d love to have with the REO Riches product – Read and Post here: Jeff Adams REO Riches Bonus
The review of various freebies and the course itself – Read and Post here: Jeff Adams REO Riches Review
I’d love to hear your thoughts about this release. Please post your feedback at one of more of the appropriate blogs above.
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 money 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
———————
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.