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January 11, 2012

Real Estate Investment Options

There’s big money in real estate. But there’s also big risk if not played correctly. When I first started to take an interest in real estate investment, I didn’t realise there were so many options! This article will run you through the most common types of investments and the basic pros and cons of each.

Commercial real estate, although not the obvious first choice for most people, is actually a pretty good place to start because it tends to be relatively secure when compared with some of the other forms of real estate investing.

The rather large downside to this, however, is that this investment vehicle requires a massive investment up front and as a result is something that most real estate investors don’t consider until they’ve built up a strong portfolio that they can leverage to provide the necessary funding.

The stability of commercial real estate — one of its most attractive features — comes from most businesses wanting to lease on a long-term basis, which is pretty logical.

Businesses generally prefer to remain in the one location as they build up their customer base and local reputation. And this works well for the commercial property investor.

Residential Rentals is not as high-powered as being a commercial real estate mogul, but it is certainly a solid model for establishing a comfortable retirement plan. This is actually where most people get started in the real estate game because it’s not hugely difficult to buy an investment property and then positively gear it so that rentals pay off the mortgage and property management expenses.

Being a landlord (even if you farm out the property management to a real estate agency or a professional Property Manager) is a long-term commitment with potentially very nice payoffs.

It is also a good model for the high-risk averse investor to pursue.

Flipping on the other hand, is not for the faint hearted! What this basically means is buying a property and turning around and selling it on — with or without renovating it, for example. This kind of real estate investment requires an extremely detailed understanding of the property market in that geographical area and the ability to make quick, hair-raising decisions involving enormous sums of money. Not one for me, I have to say!

Pre-Construction (aka “Buying off the plan”) is even riskier than flipping, but has become insanely popular in the last 5 to 10 years. This is when the money raised by selling properties before they’ve even been built(!) is what funds the actual construction of the property (usually a block of residential apartments).

This mode of investment is, of course, wide open to scam artists setting up fake property development companies or even just unscrupulous property developers disappearing with all that money and never even starting construction!

A lot of people have been burned by this type of investment.

On the other hand, if it is legitimate, the real trick is in identifying an area that has a housing shortage or is set to boom in the next few years (possibly because of new infrastructure, for example). In these cases, the profits to be made are considerable.

So, like any form of investing, the risk is usually in proportion to the potential rewards and the time-frame in which they are delivered.

Lease To Own is probably a better option for most non big-time investors. The whole model of leasing a property that you’ll eventually be able to call your own is very attractive to many people who don’t qualify for a mortgage (young families, for example).

You can charge a little more than what you would charge to rent the property, with the extra going to pay off the principle and the agreement that they purchase the property for an agreed sum after a period of time.

For you (the owner), it also reduces maintenance costs. It’s more likely your tenants will take better care of the property because they’ll probably think of it as “theirs”! Which means that if they decide to move somewhere else and not actually go through with the purchase of the property, you will have far less drama and fewer problems getting the place ready for new tenants.

And there you have it! A quick overview of the main real estate investment vehicles. There are more complex versions and so on, but that’s the basic round up. Real estate is a proven model for building wealth over the long term. If you haven’t thought about it or you thought it was all too complicated, then I’d encourage you to do some research; you may find that it’s not as mind-bending or high-powered or difficult as you think.

For more Self Improvement tips, visit Gillian’s site and check out some of her other articles for How to Get a Better You!

Property Investors Bet on Rising Demand for US Charter Schools
The real estate investment trust, primarily a movie theater landlord, owned 34 charter-school properties as of Sept. 30, accounting for $ 280.3 million of its $ 2.9 billion portfolio. Entertainment Properties spent $ 36.4 million on charter schools last …
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January 8, 2012

America’s Home Program Turn-Key Real Estate Investing

turn key real estate investing
by dbking

Article by Greg Hook

Tips and Truths About “Turn-Key” Real Estate Investments

Real estate investing often lures many people into thinking that with a few swings of a hammer, hefty profits will follow. In fact, real estate investing is a very complex subject with lots of moving parts, risk and pitfalls. That’s one reason why so many educational products, programs and gurus stay in business.

In recent years, numerous companies have created real estate investments to simplify the process for new and existing investors.

America’s Home Program is defining as an all-inclusive service that acquires, renovates, sells and/or rents properties for the investor.

But do they really work? The answer is, some do, some don’t. Be careful.

Let’s take a closer look. First, real estate investing is a “profession” that requires the investor to master numerous disciplines and nomenclature in an ever-changing market climate, including:

• Market Analysis• Property Analysis• Acquisition Strategies• Exit Strategies• Asset Protection• Property Management• Financing• Renovation• Contracts and Contingencies• Sales & Marketing• Negotiation

Whether you’re getting started, part- or full-time investing with real estate, there are always new tricks to learn. So using turn-key platforms gives the investor the ability to leverage the expertise of the individuals within the company, and supplement any gaps in his/her own knowledge.

Next, turn-key programs can deliver the benefit of bulk pricing. In some cases, the turn-key provider has greater buying power than an individual, and therefore can offer discounted properties. This saves the investor the time and trouble of researching hundreds of properties, trying different acquisition strategies, and making lots of offers.

Can’t swing a hammer? No problem. Turn-key real estate investing programs often include renovation work in the purchase price. However, many pitfalls lurk in the renovation process. I’ve heard of turn-key providers who made promises about the quality of work and later were found to be untrue.One thing I like about turn-key programs is an investor can diversify his/her portfolio by accessing properties in stable markets, perhaps outside of their primary residence. Numerous markets are doing well, although news reports rarely say anything about that. So whether you live in Florida or California, through a quality turn-key program, an investor can create income from solid markets with low unemployment, low vacancy rates and good economies.

Look out for “hidden costs.” Some turn-key programs don’t disclose the related costs associated with closing, pre-paids, property & casualty insurance, home warranty, and renovation.Turn-key operations require numerous affiliated partnerships to get the job done. So check out who is on the team doing the various tasks.That brings me to one of the biggest challenges with businesses.

There’s no profit or return on investment without a retail buyer or rental tenant. So know your exit strategy and verify your turn-key business has a sales and marketing plan in place to solve this challenge.

Ask “what if” questions, like what if the tenant or buyer defaults? What if the renovation work exceeds what I was told? What if the provider doesn’t find me a buyer or tenant?

I created a real estate investing company called America’s Home Program which is a comprehensive service that successfully addresses each of the challenges mentioned in this article. I’ve put everything together for the investor, so the only decision to make is “how much do I want to invest?”

Mark Sanders – TampaAmerica’s Home Program










Comparing REITs? Why "Funds From Operation" Matters
Funds From Operations, or FFO, is the most widely watched performance metric when evaluating real estate investment trusts (REITs). As defined by NAREIT, a real estate trade group and lobbying organization, FFO is "The most commonly accepted and …
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January 7, 2012

Tax Liens Real Estate Tax Liens

When a property owner fails to pay their property tax, there are still expenses to pay.In some areas, you can buy tax lien certificates directly from the county tax collector. This is especially popular among tax liens that have already been put up for auction, with no buyer. When purchasing these “off the shelf” or “over the counter” tax liens, take special care to investigate the property beforehand. Many times the properties offered in this manner have not been purchased for a specific reason that may hinder an investor’s ability to recoup his losses and make a profit on the purchase.

Who is responsible for the tax sale in the state that you want to invest in, so you can save time buy knowing just who to contact
How you can invest tax free using a self-directed IRA, so you can save even more money
How to invest online so you don’t have leave the comfort of your home
How to find tax sale information online saving you time
Where to get the tax sale lists without paying for them. Do tax liens work? Yes, a lot of banks and institutional investors utilize it and get sixteen percent or more in return while they give you four percent to your savings.

How to get the list of left-over liens or deeds, so you can invest without going to the tax sale
Been investing in tax lien certificates and tax deeds for a few years now. In fact, I’ve been training others to buy tax lien certificates and tax deeds for the past four years.

Interviewed experts from across the Country including Darius Barazandeh, DMB Real Estate Enterprises , Mike Pellegrino, Esq. Pellegrino & Feldstein LLC , Steve Waters Professor Profits , Steve Davis LienSource , Liz Koos Equity Trust Company , and more!
Written two e-books about tax lien and tax deed investing and helped develop a software program for tax lien investing in New Jersey.

Most of these individuals made a lot of money in other businesses or in real estate Tax lien Investing Basics

Attend Coaching Sessions and Web Seminars, Podcasts and more
The SEC points out that many of the alternative investments self-directed IRA accounts typically hold, such as real estate, mortgages, tax liens, precious metals and private placement securities, do not always provide the same type of financial …
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January 1, 2012

Taking IRA Real Estate Investment into Consideration

Article by Gerald McCabe

Currently people are struggling because of the recent economic state and due to lack of knowledge about the potentials on where to secure their funds; most of them just end up hanging. IRA real estate investment can give sufficient profits for our retirement when we consider it. This option is not advertised by brokers because they think that they won’t make as much money. For several people it has been definitely a regular question where to spend their funds to gain other benefits. In fact, we can invest our retirement funds into almost anything. The programs where we cannot invest in IRA were categorized by the Internal Revenue code. Thus, we cannot invest in life insurance and collectibles such as jewelries, arts and etc. But for some people, they had discovered that they can use their IRA funds to buy a real estate. In other words, it is officially authorized and it is entirely an impressive initiative. They will be able to spend from raw land, a house, a commercial building or an apartments.

People who are discovering the benefits in IRA real estate investment are increasing. When it comes to retirement funds, the IRAs have become a tax shelter. Usually, they are already familiar that they can spend their funds in lots of things too. In IRAs, the rules are complicated and the risks of going against the rules are high. Our IRA’s tax deferred standing will be prohibited with a distinct misstep. There are a lot of triumphant stories in relating to moving retirement funds in a real estate IRA rollover. In the midst of our current economic condition, why should we take into account an IRA real estate investment? At any moment is the exact time for investing in an IRA. We have to choose the approved real estate IRA rollover venture all the same. By choosing the right property investment for your IRA, we can lead to a comfortable retirement. It is absolutely possible to discover a great company offering firm IRA investment opportunities. Plus a company of such noticeably can distinguish where the most excellent real property investments are positioned.

It is quickly turning into one of the finest retirement deal, which is the IRA real estate investment. It offers a chance to branch out our IRA portfolio. Several economists concern acquiring real estate IRA rollover, as one of the effective IRA investment choice.In building a property investment with IRA, we need to open an account with a custodian that specializes in such. The major goal for this is that the IRS do not permit you as the owner of IRA to administer your own financial transactions. The custodian needs to operate all the transactions for you. We need to keep in mind that when we think about acquiring real estate with our IRA fund is that, it would be a financing property. Before buying a property, it is important to do a background check if it is already occupied or reachable to rent out. We must take into account to get a skilled custodian to process our funds before building an IRA real estate investment. As we see, purchasing real estate with our IRA funds is a bit difficult. In comparison, it could be a great chance to develop our IRA. Bear in mind what Mark Victor Hansen shared, “By recording your dreams and goals on paper, you set in motion the process of becoming the person you most want to be. Put your future in good hands – your own.”

Are you now clear about how IRA Real Estate Investment works? If not, visit http://assetexchangestrategies.com/ to know more about IRA Real Estate Investment.










The Best Kept IRA Secret Revealed
The types of investments that are possible with a self‐directed IRA extend to the following: • Notes, Deeds of Trust and mortgages – secured with real estate, unsecured, automobiles, etc. • Oil and Gas – Production, royalties, mineral rights, etc. …
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December 30, 2011

Real Estate Investing Clubs

Real estate investment clubs can offer great resources for both veteran and novice real estate investors. A resident club is a noble place to convene and communicate with other investors in a region. One may be familiar with the club model of stock investment, wherein members put together their funds to purchase bonds and stocks. In a real estate investment club, one does not normally team up on investments. A number of clubs are barely more than finely oblique blocks for these services. These are put up by an investor who looks forward to make a profit by selling investment strategies or services. Every club is diverse in connection structure and focus. A few may focus on particular property types. However, there are certain fundamental advantages that nearly all should grant to their members. A thriving real estate investment club will facilitate its members become skilled about the business, get together with other investors and help in avoiding expensive, but frequent, investing oversights a lot of beginners experience.

Real estate investment clubs offer very helpful information for real estate investors.

A leading real estate club can present a vast forum to exchange ideas, gain knowledge of trustworthy contractors, realtors, brokers, accountants, lawyers and other professionals. People have known that it is likely to do well by spend in real estate, although a handful, have the funds on hand to be capable of investing. The answer is for individuals to sign up in real estate investment clubs, in order that their capital can be joined together so as to acquire properties that they could not manage to pay for or to procure. There are a huge number of real estate investment clubs globally, with numerous clubs existing to those who live in bigger cities.

Real estate investment clubs differ amid those that concentrate on single family homes, and those that concentrate on business real estate. Among the best things regarding being a member of a club is the admission it gives to trustworthy suppliers, contractors and other expert individuals. Prior to joining a real estate investment club, utilize resources to find out if a club is exact for one’s investing approach, what one ought to seek in an investment club and associations to trace clubs in an area. In the same way that people are diverse, real estate investors are as well rather different in their investing objectives and assistance requirements. Despite the fact that several have established investment clubs important in their business, others are more hooked on the method of doing it themselves.

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Michigan Real Estate Investors will be Exploring What Determines the Price to
This is the only investor real estate club that is free and open to the public. Their meetings are housed at a local Detroit College. The real estate club is all about solutions to problems in today's economy, so they offer this free monthly meeting …
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December 21, 2011

Real Estate Lead Generation: How to do It the Modern Way

Article by Jeff D

As a professional Realtor, chances are you are aware that real estate lead generation techniques should be as dynamic as the constantly evolving industry. Market needs and demands are continuously shifting, so it is important for you to come up with new strategies that are in step with the times. But did you know that there is a big difference between just modern lead generators and truly innovative techniques that best build your name in the industry?

Basically, lead generation isn’t about selling your properties, but about selling your name as brand. You need to present yourself first as trustworthy, knowledgeable and proficient, and the sales will follow as surely as there are demands.

When you implement real estate lead generation techniques, you want to attract both buyers and sellers to take advantage of the portfolio of properties you are managing. You want to help every client be connected with properties that best suit their specifications, budget, and lifestyle.

Modern Traditional vs. Modern Innovative

In recent times, real estate lead generation techniques such as acquiring e-mail addresses, building social networking contacts, joining online mailing groups are by now considered traditional. This is because going online and doing research through the Internet has become the natural course for obtaining information.

However, simply obtaining a bunch of emails still would not be able to give you an idea what they want or need in terms of property acquisition. Essentially, that would be just like the cold telephone calls of olden times, where real estate agents blindly peddle their services with only a generic framework to get them through a dialogue.

The truly innovative way of generating leads maximizes technology and the Internet arms real estate agents with vital information freely given by potential clients. This will equip them as they customize their offers that would best lead to a successful sale.

One of the best tools for innovative real estate lead generation is by building purpose-specific websites that can be a primary source of information for people interested in entering into real estate dealings.

Some of the most innovative techniques offer free online services that add value to your name and brand are the following:

1. Multiple listing service (MLS)2. Property search by email3. Comparative market analysis (CMA)4. Mortgage calculator5. Specific real estate updates by locality/area6. Real estate e-book, newsletter and other helpful publications7. E-courses or actual live property management workshops

These are just some of the elements that you can add on to your website to make it more informative, interactive, and therefore appealing for users to visit regularly. Their common trait is to provide highly useful information and free service to potential clients who will undoubtedly appreciate the extra effort you spend for their needs. What’s more, these add-ons do not require costly investment; you just need to find a reliable contractor to provide a packaged, all-in-one service for your lead generating needs.

Ultimately, the most innovative real estate lead generation technique may use the most revolutionary technology available, but its success still relies on the classic values and reliability of excellent customer service.

For more information about Jeff D visit Stealth Agent.










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December 11, 2011

Best Real Estate Investments in India

Article by Aadi Sharma

The real estate market occupies an important position in Indian development sector. It has been estimated that there is a shortage of 26.53 million houses during the Eleventh Five Year Plan (2007-12) serving with high employment opportunity.

According to Department of Industrial Policy and Promotion (DIPP), the real estate sector which includes residential and commercial spaces like cineplex, multiplex, integrated townships and commercial complexes attract a cumulative FDI worth US$ 8.4 billion from April 2000 to March 2010. Out of the total US$ 8.4 billion FDI, the real estate and the housing sector witnesses FDI amounting to US$ 2.8 billion in the fiscal year 2009-10. Let us take a look at some of the best real estate developments taking place at different parts of India.

List of Best Real Estate Investments India

<p style=”margin-bottom: 0cm;”>One of the top realty majors Ansal Properties & Infrastructure Ltd plans to invest about US$ 330.8 million within in the next three years. The money would be used for expansion of its existing integrated townships and to develop group housing projects in Haryana.<p style=”margin-bottom: 0cm;”>The renowned Tata Housing is planning to develop 10 new residential projects in 2010 and 2011. The investment amounts to about US$ 268.9 million and is targeted to both the affordable and the luxury segments.<p style=”margin-bottom: 0cm;”>A popular real estate company Supertech would be investing US$ 880.5 million for developing 15 realty projects across North India in the next three years.<p style=”margin-bottom: 0cm;”>Shristi Infrastructure Development Corporation is planning to engage US$ 444.7 million in seven small cities in West Bengal, Tripura and Rajasthan over the next three years. The money would be used for building integrated townships, healthcare facilities, hospitality and sports facilities, retail malls, logistics hubs and commercial and residential complexes.<p style=”margin-bottom: 0cm;”>Vision India Real Estate Pvt Ltd, an integrated property development and asset management company plans to develop logistics parks in Bengaluru and Chennai, by investing US$ 110 million.<p style=”margin-bottom: 0cm;”>Much of the credit for the growth and development of best real estate goes to the initiatives taken by the government of India. The government has successfully introduced many progressive measures in order to unlock the potential of the sector and meet the increasing demand levels.

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December 7, 2011

Use a real estate investment syndicate to break into the real estate investment market

Article by Dave Lindahl

For the new real estate investor looking to break into the real estate investor market and make a name for themselves a real estate investment syndicate offers the best way forward, minimising exposure, solving the issue of cash flow and, at the same time, giving the opportunity to those who do not know anything about the real estate market but nevertheless wish to invest money in it, to dip a toe in the water without risking every penny they have.

Sounds too good to be true? Well, there is a catch, as usual, in that you need to first put the syndicate together which means you need to find the right group of people and convince them to put up a share each and then trust you to lead the deal in a way that will make money for everyone involved in it.

How to find these people and how to convince them to trust you is what I cover in detail in many of my courses, workshops and seminars. In short it comes down to the people skills you should have as part of your real estate investor skill set. While it is a little tricky it is not rocket science. Projecting a confident, professional air that is conducive to trust is partly what being a real estate investor is about so if you cannot yet achieve that you may not be quite ready for the part.

The good news is that provided you are prepared to put in a bit of work these are skills which almost anyone can learn.

Syndicate real estate investing is a ‘safe’ form of investing as it allows you and those who put up their money and agree for you to front them the luxury of playing the real estate market with a minimum of exposure in terms of the amount of money invested there. The returns on the other hand can be quite handsome meaning that your reputation will also grow along with your bank balance and you will soon find yourself inundated with real estate investors who want you to accept them in a real estate investment syndicate.

Before this very happy state of affairs occurs however you will need to prove yourself by closing a few initial deals.

Real estate investing as a career can be rewarding as well as satisfying. You do need to be able to pay attention to details, work well under pressure and be creative when called upon to do so. In return you will get a reputation that allows you to develop your own stream of clients and break away from the nine-to-five trap of working.

The challenge then will be to successfully manage the wealth you have and how to best balance quality of life with the greatest job in the world.

David Lindahl, also known as the “Apartment King” has been successfully investing in single family homes and apartments for the last 10 years. David regularly shares his secrets and experience on the same stage as Tony Robbins, Robert Kiyosaki, and Donald Trump! If you would like some free information, please go to http://www.davesoffer.com/ezine/










REI Wise and NAI Global Sign Multi-Year Agreement for Sales Network Listing
NAI Global's extensive services include corporate real estate services, brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain consulting and related advisory …
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September 20, 2011

Land Trust – Who Need One?

Why do real estate investors land use trusts (LT)? Let us be directly with this article. You have worked very hard to collect the property for investment. You put yourself, your family and your children future at risk investing in real estate.

You understand that a wrong move with only one of your properties can have the effect that you will lose all of your hard earned investment? A careless tenants can be injured on your property, and the world is all around you. Ask yourself the following question “you can control what is happening in all your properties now – minute?” Is it possible that a negligent tenant can be injured or die tonight in your rental property? This happens every day in America.

You need a LT for each property. You need to “isolate” each property from the others. You need the knowledge, not your attorney on this plant, the preservation of the art. Why work so hard, an uncontrollable tenant event that you cause, lose all of your properties have? Come on! You have worked very hard to create your asset portfolio. Why lose it now?

LTs are the first line of Defense to insulate you from the millions of actions, which happens every year in America. The most dangerous terrorist of the 21st century, you need the lawyer is contingency fee! Want protection prior to the contingency fee lawyer or would you fight prefer a bare knuckle with him without any defence guards in place?

You have probably noticed that it is very hard to find all the information about LTs and how they work. Most lawyers do not know how to set up and manage a LT (got only three hours…, if any, of the education trust in law school).

The problem is that most doctors know how to set up and manage land trusts, so that many of them therefore not advise people to use them. You can have already said by someone (a lawyer, accountant, or friend), that told you how or where are a LT, but no one you need information to make it easier to get started. The point here is someone, the direct active LTs and their benefits not knows not trust.

I’ve been LTs full time real estate investment business in my over 30 years use. I live and invest in Illinois (forefather State land trust area) and constantly use the LT in my business. I do not have with found that many male consultants say their customers, “You” a land trust. In most cases, they are wrong!

I will submit examples for what I mean articles in the future.

Randy is a full time real estate investor, who purchased his first rental house in 1969. He has more than 200 houses and teaches other investors, how familiar brought their properties for privacy and asset protection in the country. Randy is a national teacher and mentor. Randy writes in the County, the only land trust newsletter and is the founder of the land trust University (an institution that teaches real estate investors, how to set up and manage trusted their own country). Residing in Illinois (forefather State land trust area), Randy knows more about land trusts and as other entities than anyone else in America today linked to.

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August 10, 2011

To Invest Successfully In Probate Real Estate!

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Effective… Effective… Effective… I have been extremely captivated by this niche of real estate investing ever since the first time I was introduced to it back in 2003. Since that I have given probate investing a shot a few different time times… the first couple times didn’t result in any deals and ultimately left me frustrated and wondering why in the world anyone would want to pursue this not so glamorous niche. But on my third run at it I finally got some traction and ended up landing a “subject to” deal after running my first direct mail campaign… and since then I have gone on to do a whole bunch of probate deals, all of which have made my company large sums of money. In fact today the main focus of my business is on effective (REO’s are a close 2nd) mainly because the potential profit margins can be huge and the competition is extremely limited.

So what is it that allowed me to achieve success the third time around that I could not find on the first two tries? Well in hind site there were a number of things and all of them were small detail, but those small details are what can make or break your business when it comes to probate investing. With that said I am the going to go over a few of the smaller details to probate investing that are often overlooked or not focused as much as they should be:

# 1. Some people are not going to have nice things to say about the fact that you want to buy the house of their deceased family member. This is one aspect to probate investing where you just need to have thick skin and get over it I do not like to deal with these types of people as much as any one, but you can actually set up your marketing systems to limit any interaction with them. By doing this it will make your life much much easier and make probate investing a heck of a lot more enjoyable for you. It’s amazing how getting bitched out by on angry seller can really affect some people…I used to absolutely hate it, but now I have learned to embrace it. In fact we save all of our angry messages from perspective best-sellers and we call them “direct mail’s greatest hits” around the office… its a good way to make light of it. In fact maybe someday I’ll put them on our membership site so that everyone can have a laugh at what comes out of some peoples mouth over a non threatening letter. Anyway the bottom line is that you need to set up a screening system for your leads so that these angry best-sellers do not of steal your motivation to invest in effective.

# 2 This niche has very little to do with the actual property and a lot more to do with the rapport you build with a seller! When I first started going out to probate appointments I what striking out constantly because I was so focused on the actual property and not nearly as focused on my relationship with the seller or their attorney. Nowadays I always go out to view properties with my marketing manager so that while one of US is building rapport with the seller the other can thoroughly check out the property. Recently we just purchased a property from a seller who also showed the property to the “phoenix redevelopment” guy in our city, and we ended up with the property even though our offer which offered less than what Phoenix. The only reason this happened is because I took the time with talk with the seller about his situation and what he as the personal representative has had to deal with… and in return, we ended up building a solid friendship through the purchase process. Now I’m not saying you need to become friends with every seller, but remember whenever you go check out a property it’s like a sales call, so build some rapport and start selling yourself… but make sure to ask questions and listen! If you do this I guarantee you will like the results.

# 3 You have to create a system for getting your marketing letters out on a weekly basis! In my business I have actually hired and trained someone to research all of the new probate listings as they come out so that we can market to them on on weekly basis. If you don’t have a system in place that makes you (or someone you hire) accountable for getting your marketing letters out every week then your chances of success will decrease dramatically. I believe momentum is the most important factor in real estate investing (and in life for that matter) so if you loose your momentum with effective marketing it’s extremely hard to get it up and going again… trust me I know from personal experience! Just make sure you create a marketing system before you start and stick with it! This is probably the biggest reason why people fail at probate investing… remember 75% of success is just showing up.

# 4 Don’t rely on just one way to generate probate leads! It has been taught in every probate home study course that you need to mail the staff representative… and this is true, but that doesn’t mean you need to stop with just mailing PR’s. I am a huge fan of marketing one time and getting deals from that source for a long time to come, so with that said we put the same amount of effort (if not more) into marketing probate attorneys as we do marketing staff representatives. Once you get a good relationship with a probate attorney they can send you great deals with NO COMPETITION for years to come! I just purchased a probate deal last month from an attorney who was the sole decision maker for accepting offers on a property that needed a good amount of work. I made an offer that I knew what ridiculously low, but since nobody really cared how much money they got for the property (since what it in bad shape) they accepted my offer. I was then able to wholesale that particular deal for a 15 k profit in under an hour from the time I singed the contract. As you would suspect I will be continuing to build my business relationship with that attorney (through marketing) and many others in order to keep growing the probate side of my REI business.

Buying probate properties has become absolutely my favorite way to get deals for my real estate business… but it wasn’t always this high on my list that’s for sure. However by making a few small changes to the way I approached probate investing it dramatically changed the amount of the success of my business what having.

Keep an eye out later this year for our educational marketing product that is dedicated entirely to generating more effective leads than your business can handle. We have spent the time in the trenches perfecting the best forms of marketing for this niche and very soon we will be making all of this valuable money making information available to you! I hope you enjoyed this article, and hopefully it will help you future with your probate investing.

Tucker Merrihew is the creator of my investing mentor education and the website http://www.myinvestingmentor.com/.

My investing mentor is a real estate education company that provides our students with the most up to date investment strategies that work in today’s economy and real estate market. We not only teach our highly effective & up to date investment strategies, but we also use them within our own real estate business each and every day. Over the past few years we have created and reflect many different strategies for making huge profits buying and selling real estate….and now we are making all of those secret money making strategies available to you! Check out our website today for great real estate investing tips!

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