Real Estate Investing Facts

Real estate is not easy to sell these days, so many sellers are “holding the financing” or “taking back a note.”  You can invest in or broker these notes to investors and reap the rewards.~ These days many real estate sellers “hold the note,” that is, finance some of the purchase price.  What many people don’t know is that these notes themselves can be bought and sold.  They can be low-risk, high-return investments, or you can broker them to investors without expending your own money and reap the rewards. This is called the cash flow note business.

You won’t find it easy to locate good real estate notes. This is the  most difficult part. You want to let the note holders of the world know that you can buy their notes. To do this requires that you know how to market your services . The key is to  get your name out to note holders  — if you do this, you will be able to buy more notes than those people with poor marketing skills. Finding notes is the only way to succeed in this business. Fortunately, there are many ways of finding note owners . But, you must spend at least 80% of your time doing this type of marketing.  You will be pleased you did! Edit this text 

Once you find a note, if you are going to broker it you will have to determine if it will appeal to note buyers. There are simple worksheets that automate this process for you.  You can get one of the best for free at the e-course mentioned in the last paragraph. 

The best note brokers and investors know how to use a financial calculator. Don’t be afraid — they are pretty simple .  In fact, the financial calculator is easy and fun to learn. Using one, you’ll be able to make offers in so many creative ways that you can solve most any problem that the note seller may have.

Buying notes requires that you have an outlet to sell them and an escrow or title company that can make sure the paperwork is done correctly. The good news is that the complex paperwork part of the note business can be left to an escrow or title company. Of course, it is essential that you understand how notes work, but the technical parts of this business are best left to the escrow and title companies.

If you are going to broker notes, you will need someone~somebody to sell them to. The best sources are the corporate financial institutions who will buy your notes for a good price and pay you a handsome commission. In addition, you may eventually cultivate private investors–and even pension funds–to finance your note buying business.

For more information, take the free 7-part e-course offered by The Paper Source.   It tells you the good and the bad and will help you decide if note brokering or investing is right for you.

Rein Canada

Foreclosure Investing in the United States.

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“Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all.”

Dale Carnegie

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Hans Anderson

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Over the past few years, there has been a lot of development focused on the revitalization of urban areas, commonly known as transitional-neighborhoods. This has become a heavily debated topic in many US cities. While many bloggers, local residents, and Real Estate agents debate whether an area is “cool” or ever will be “cool”, the commercial developers have already done their research and are two steps ahead of the general public.  The development of these neighborhoods stems from the rising demand to live close to work. Developers focus on creating a good mix of retail and condo projects in neighborhoods that border popular business districts. For example, developers in Dallas Texas have successfully transformed the neighborhoods bordering Downtown. Just 10 years ago the neighborhoods that are adjacent to Downtown Dallas to the East (Deep Ellum) West (Victory Park) North (Uptown) were not previously popular residential neighborhoods. Redevelopment projects such as Dallas lofts in the deep ellum warehouse district, helped bring residents and retail to the area.

Some people have a hard time imagining themselves in an area that at one time wasn’t the least bit popular, however it could make a great investment opportunity. With the aid of social media and online marketing it’s easier than ever to give a neighborhood a new feel and look. Sometimes it is hard for people who haven’t used social media much to understand it’s effect. First, developers hire marketing companies to create user-friendly, interactive websites that pinpoint all the best “features” of the neighborhood. The development of a few residential apartment and condo buildings is enough for any respected marketing group to put a good spin on a neighborhood. Transitional-neighborhoods are almost always next to a popular area, so they can advertise a lower cost of living and convenience to bordering neighborhoods. This is similar to the trend in suburban living. Some residents prefer to spend less on living if their still “close enough” to a popular city or neighborhood. The “close enough” is what has changed.

Another tactic that can have a huge impact on the development of a transitional neighborhood is hosting local side-walk events such as art shows, concerts, and flea markets.  Organizing  and supporting community events is one of the easiest methods of helping an area overcome it’s negative image.  This process can be simplified with the proper use of Social Media. In the years before social media became widely accepted, it was much harder, and more costly to advertise for local events. In those days, the best methods available were billboards, mailers, and fliers, which were much more costly, and unpredictable. Today, social media sites such as Facebook, Twitter, and Foursqaure among others, provide marketing companies and developers with an easy, free, and quick method to instantly reach tens of thousands of people within their target markets. As long as developers play their cards right with the type of residences and retail they bring in, it’s easier now than ever to turn a transitional neighborhood into the next up and coming, place to be.

Rein Canada

Foreclosure Investing in the United States.

Double your income doing what you love Double your income.

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While working full time, I signed the contract on my first house. It sold before it even hit the MLS! I was asking $265,000 and we sold it for $260,000. I have made approximately $75,000 on my first deal!!!

Our repairs ended up coming way under and I sold the house for much more than I expected and in a lot less time. While other houses sit on the market unsold, I followed your steps and I bought it well below market, signed a buyer and closed it in less than 90 days without a hitch!

I have been focusing on REO’s and owners with equity (yes they are still around!) Thank you for all your training and expertise. I’m loving this!

Update: Dawn is no longer practicing law, she is a full time mom with a 3rd baby. She has just completed her 11th deal working my system part time.

Dawn Connelly, FL

Lab & Coaching Graduate, Florida Investor

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Things have been going great! We have had some really good deals that have been fun and exciting to work on! I am now working foreclosures full time with my mom.

Our goal initially this year was to do 12 but we just hit 11 and 15 really looks like what we will hit this year!

We have now done 4 flips we are getting really good at pricing. Here is the quick rundown.

Norma: Purchase: $150,000; Fix Up: $5,000; Sold in 4 days: $196,000; $30,000+ net profit.

Ward: Purchase: $119,000; Fix Up: $10,000; Sales Price: $160,000; $25,000 est. profit.

McKay (first deal): Purchase $125,000; Fix Up $35,000; Sold in 14 days: $189,000; $28,000+ profit.

Shipping: Purchase: $88,000; Fix Up: $10,000; Sales Price: $135,000; This house is a sweet deal. The lot is large enough to build another house on the back of it and the zoning allows us to do this. We have over $20,000 profit in it and can easily get $900 a month to start my rental empire!!

I cannot thank you enough for your awesome Lab and for Coach Tim! Your Lab was a life changing event for us. And Tim has been the best mentor we could have asked for. We enjoy our conversations with him immensely. He has truly become a great ally in our business. His ideas and the ways that he presents them are truly outstanding. We get so much accomplished and he is really planting some seeds in my head for where I want my business to transition to.

I thank you both from the bottom of my heart! I hope that you and graduates are doing great!

Dan Paluska, OR

Lab & Coaching Graduate

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Do it just like Alexis teaches it in Lab! In the beginning you will be tempted to do things different or leave things out, but that will slow you down and lead to more frustration. If you just follow her system exactly and stick with it – IT DOES WORK!

CURRENT UPDATE: 12 deals since Lab, 8 this year alone!

3 REO’s at 50%, 5 subject-to at 60% of resale (higher resale values).
1st REO sold in 1 week for full price, profit 20+ %.
Other 2 REOs ready to sell in 2 weeks. Sub-to closing this week, seller getting a little over $100,000. We will get our 15-20% profit as usual. Plan for remainder of year is to buy and hold rentals.

Since this business is constantly evolving, he just got the chance to “tune up” his business by retaking the Lab. So much has changed in the last 2 years of Lab. We focused on REO’s which got my last few deals!!!

Andrew Cushman, CA

Lab & Coaching Graduate

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I am a full time stay-at-home Dad and work part time foreclosure investor. I have a background in engineering and a SVP Operations Manager for 30 years. Claudia works full time has only been in the US for 5 years, from Brazil.

I saw an article in the USA Today about Alexis’ approach to foreclosures investing and I liked what I read. We came to a Free Webinar, ordered her home study and 3-Day Lab as we needed more hands on help to get this going, as well as Claudia needed to understand the whole approach.

We really wanted to get our first foreclosure deal so we can have both time with the family and financial independence in the future. We had four rental properties which we had purchased before meeting Alexis that did not have the financial upside we wanted.

We left the Lab with the tools, the confidence, the understanding in what we needed. We have since done two bank foreclosures which we are rehabbing presently. One we purchased for $76k and should sell for $145k. The second deal we purchased for $116k and will sell for $200k.

Words of Wisdom: Get around positive people who will influence you to succeed, like Alexis and her team of Coaches. The 3 days we spent in Lab forces you to use the methods Alexis teach. It will get you to the point of “doing” that I am sure we would not have reached on our own from home. Get to Lab ASAP there are a ton of deals out there, just one done right will pay you back many times over.

Michael & Claudia Gilles, CA

Lab & Coaching Graduate, PT Investor, FT Dad

Foreclosure List

Mastering Foreclosures

Hans Anderson

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I thought I would give you some tips on selling your home by for sale by owner. These are my top 5 tips from selling your own house part 1, I hope you find them useful.

TIP #1- If there are any repairs that need to be done make sure you do them. We are currently in a very weak market and you are basically in competition with your neighbor and other homes in your area. Make sure you do the repairs before you start advertising that you’re selling for sale by owner.

TIP #2- Adjust your asking price if large repairs are necessary and you just can’t afford to fix them your self right now. If you try to hide large repairs you’re going to get caught in a lie and lose your buyer.

TIP #3- A well-kept yard free of clutter will get them out of the car and on your doorstep. Make sure the front of your house has good curb appeal. An unattractive messy yard will put off a prospective buyer before they even get out of the car. Improve the view of your house from the street by sprucing up shrubs, shutters, windows, front door and even the mailbox. If a coat of paint is necessary, than paint it. Remember to cut the grass and clean the windows. Make sure the for sale by owner sign is visible from both directions if possible.

TIP #4- Whether selling by FSBO or with a realtor make sure your house is always clean! You only have one chance to make a good first impression. Prospective buyers are looking for a home and they have to be able to picture themselves in yours. What is the first thing you noticed when you were looking to purchase your home when you entered a house? If the house was dirty you were turned off, you could not possibly see yourself in a dirty house. Your perspective buyers are no different then you make sure your house is CLEAN!

TIP #5- Do not forget the master bedroom! Take some time and arrange the furniture to create a feeling of spaciousness and make sure the room is clean. Make the master bathroom sparkle. It’s one of the most inspected rooms when someone is looking to by real estate.

You can read tips 6 to 12 at selling your own house

Foreclosed Homes

Real Estate Investing Club

Hans Anderson

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