Tuesday, July 26, 2011

Fast Money For Great Deals

If you happen to be in the Real Estate Business or are trying to get into this awesome business you might find a few road blocks and......... maybe even some dead ends.  That's normal though, if everyone could do this, we wouldn't get paid as well as we do.  Just think about all of the "jobs" that have to get done to make one deal close.
Picture of the Image via Wikipedia

You have to advertise to find buyers and let them give you a chance to find their dream home for them, (hopefully it's one of yours) all the while stayig within their budget.   Most buyers are new or realativly new to buying,  so no matter what stage of the process that they are in they have to get qualified.  A task more easily said than done these days.  They might be first-time buyers and they "think" they can afford a newer 5 bedroom with some land "with the way real estate is today."  In reality they are just starting out and can barely squeeze into a two-bedroom. Maybe, you have a ton of buyers and can't find any sellers because "I don't want to sell while the prices are down."  Or Perhaps "my house has been on the market for XX months, but I don't care because I WANT MY PRICE."  Yeah, been there-done that.
Personally, the best way to go, I believe is to buy foreclosures or better yet bank- owned properties.  It's the best of both worlds.  No one is in a rush, except maybe the banks.  You can get YOUR price for the house and it should be low enough to put a little spit-and-polish into it and make it attractive to just about anyone.  Maybe a little light rehab or better yet buy a place that nobody wants, from the bank, for a song and turn it into a really, really nice place.
Everybody has heard of them: that place down the block sold three years ago for $200,000 but the owner got laid-off and had to move because the bank foreclosed on them and they couldn't find a buyer.  Now the bank will take $125,000 for it.  Ahh, it needs a little...no it needs a lot of work.  I bet the bank will take 80 or 90 thousand for it....but you won't know until you ask.  Unfortunately, you have to ask with money in hand, or proof of money in hand. So whacha-gonna-do?
You need money.  You need a fairly large amount of money.  You need a fairly large amount of money in a couple of weeks to make this deal work.  I guess you could call up freinds and family and see if anyone has that kind of money AND would be willing to loan it to you...on your first deal.  Maybe another bank would loan me that kind of money, after all it's only going to be for a short while, right?  I must tell you that they aren't set up to do this anymore.  Most all of the banks got burned in the real estate meltdown and you won't be able to find a bank that would loan that kind of money unless you were moving into it.
A picture from the gold vault of the Federal R...Image via Wikipedia
There are alternatives though.  If you have a great deal and need Fast Cash for it,  I've gotcha covered.  I know plenty of Private Mortgage Lenders who have money and still want to invest in real estate....especially now......when everyone else is running from it.  They can do deals in all 50 states and they would be happy to talk to you and explain all of your options.  What they can do and what they can't do.  For a more detailed explanation of how to get Fast Cash For Great Deals just click here.  There are several articles with much more detail about getting money for these deals and if you still want to move forward there are plenty of links where you can get started on your next...or your first real estate deal.
It is an awesome business.  You get to help people in trouble get out of trouble or help folks get started with their first new house.  How about getting that couple with the new baby a bigger place with a fenced backyard.  Yes, it's a lot of "work" sometimes...but remember...you only get paid for the problems you solve.  Go here and solve some problems and in turn you can solve one or two of yours.
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Friday, July 1, 2011

I Met A Millionaire Today!

I went to see a millionaire today.  To see what he had to say about what I was doing with my life and what I could do to join him in his pretty awesome lifestyle.  It was planned, it's not like I just bumped into him on the street.   I was invited to a  presentation to get more details about a company he was promoting.

I spotted him right-off.  I was getting some free hotel lobby coffee, not bad for a change, and a man was standing a few feet away, on a cell call, in a nice suit.  Was it a $1,000 suit...$5,000 suit.... I don't know but it was nice and he was very well groomed.  Not Mr. Hollywood sharp but well dressed and unassuming.  He backed away when he knew I could hear what he was saying and stepped closer to ask me "What time is it partner?" You see it was 6:57 and the meeting started a 7:00.  "I gotta go" he said to the other person and I thought "me too."  I didn't want to miss anything this guy has to say.  You always want to listen to people who make more money than you do.

It started off pretty much like all meetings that I have been to....."Welcome everyone we are so glad you could make it tonight. We have a very special guest tonight and it will be our treat to hear what he has to say."  First we have a new company produced video that we would like to show you and is on everyone's' company cloned website.  It was pretty good actually and explained all of the major points of the company.  What they were doing and what they will be doing, in the future, in about 1/3 the time of the other videos I've seen.  Refreshing, to the point and not too long....nice!

Then he started asking questions about why I/we weren't millionaires like him?  He wanted to know if we knew what 65 meant?
That's the retirement age in America.
Did we know that this is the biggest LIE that Americans were ever fed?
Why?
Because 75% of people who reach this age are dependent on friends, relatives and/or The Government, 23% are still working and.........ONLY 2 % are financially independent!  What really surprised me is that 85% of people, who reach this age in America DON'T EVEN HAVE $250 CASH TO THEIR NAME.  WOW!  In America?  The greatest country in the world with the easiest  and fastest paths to wealth in the world.  Where everyone in the world comes because of the opportunity that exists in this country.

He said that 98% of the Americans, that were born here, belong to the 40/40/40 club.  What's that you ask?  It's people who get a 40 hour per week JOB-work for 40 years-and get a 40 dollar watch on retirement day from their company.
He went on to say that J.O.B. stands for Just Over Broke and BOSS spelled backwards stands for Double S.O.B. Then he started quoting millionaires like J. Paul Getty who said " I would rather have 1% of other peoples efforts than 100% of my own."  Someone else said "find yourself a speeding train and put yourself in front of it."  Like real estate in the 70s, the economic boom in the 80s or the dot com boom in the 90s...and you will make money.  He continued and told us that 85% of bankruptcies in the U.S. could have been prevented with as little as $500 extra per month.

Then he started talking about owning our own business with all of the tax benefits available whether we make big money or not.  Why all of the top millionaires AND billionaires in the U.S. are behind ONE KIND of company.  That included Donald Trump, Robert Kiyosaki and Warren Buffet.  Really? These guys are promoting and starting and BUYING what kind of businesses?
MLMs or Multi-Level Marketing
Yeah, I know exactly what you are thinking. It's that pyramid things that everyone gets ripped off in...........BUT.......and it's a big one too did you know that:
The Wallstreet Journal  has said that by the year 2000, 60 to 70 percent of all goods and services will be sold through MLM.
"Network Marketing" is taught at Harvard and Standford business schools and in numerous other leading colleges and universities throughout the country.
Some 20 percent of all the millionaires in America were created through network marketing.
John Naisbitt, in his best selling book, Megatrends, says network marketing is the way of the future.
In most MLM companies you can get started for peanuts and...
The income potential is limitless.
OK, he had me.  I was sold and I wanted to make the kind of money he is making.  However..... the thing that stuck with me and really blew me away out of all of the things that he said was:

"The easiest thing that I have done in my entire life was to become a millionaire and the hardest thing I ever done in my life was to BELIEVE that I could be one."


No kidding?  Are you serious?  Really? You have to have the right vehicle that can take you there.  You have to be willing to do the work (and it's not hard). He also concluded with the four things that the perfect multi-level marketing company has to have to make it fair and give everyone and equal chance to live the life of their dreams and they are;
1. Pay people for what they are already doing
2. It has to be something that everyone can use
3. You only have to qualify for commissions ONCE
4. No FORCED selling
His program had it all and I jumped on board with both feet.
Now, the next questions are for you.  Would you be interested in becoming a millionaire?  Alright, if that's to far out for you, how about making $100 thousand dollars a year in a part-time business of your own?  Remember, the hardest part for you and me is BELIEVING that we can do it-----just like it was for him.

If any of this interests you go here and check out the company he is promoting and I am promoting and see if you can become financially free at last.

The Bottom Line is you are either going to be a victim or a victor.  Surprisingly, the chose is ours!