http://thereiminute.com With the collapse of the mortgage market it is imperative that you look for outside sources to fund your deals. Today show asked a very important question when bringing other people in to finance your deals
http://thereiminute.com With the collapse of the mortgage market it is imperative that you look for outside sources to fund your deals. Today show asked a very important question when bringing other people in to finance your deals
The REI Minute Episode 4 1st Time Homebuyer Tax Credit Extension
Last week there was a lot of talk surrounding the idea that congress needs to extend the 1st Time Homebuyer Tax Credit beyone it’s April 30th deadline. Everyone from NAR (National Association of Realtors) to economists from the big banks have given their two cents. Today we discuss the idea of extending the tax credit and how it effects you as a real estate investor or Realtor.
**JUST ANNOUNCED**
Join us for a FREE Webinar on Turning a Profit with Clunker Houses with Larry Goins
http://thereiminute.com It’s viewer question friday. Today we answer the burning question, “How do you profit when you flip short sale deals without a real estate license.” We answer this and more
On today’s special edition of Wha’ts News we discuss the new HUD temporary lift on 90 day seasoning to finance homes. This is going to be big for real estate investors who buy foreclosed homes and then want to fix and sell them quickly. No more waiting forever to get your homes sold. It will also help neighborhoods begin to see re-stabilization after being hit hard by foreclosures and vacant homes.
If you are doing short sales then you need to check out this story about big banks allegedly asking for money off of the HUD to get your deals to go through. Isn’t it time we all just got along and played by the rules? Big Banks – We want to help you, let us do it!!
If you are doing short sales then you need to check out this story about big banks allegedly asking for money off of the HUD to get your deals to go through. Isn’t it time we all just got along and played by the rules? Big Banks – We want to help you, let us do it!!
If you are new to investing or have been working the business for years you know that the most important thing in your business is to have a network of contractors, professionals and other investors to build your business with. In the past it took long hours and running all over town meeting new people to get the task done. Our friend Andy Heller has just launched what we think is going to be one of the biggest networking tools ever for real estate investors and it is totally free. Check it out at http://realtyjoin.com/getreal and listen in to this special episode as Andy explains all of the details. Did I mention it is FREE!!
Just like every year when we get to the new year we start to look at doing new things in our businesses. On this week’s show we are sharing with you 5 things you should focus on when planning to take action and make some money in real estate this year.
Big Changes!!
After a lot of work we have made the decision to change up the format to Get Real this year. We are going to start doing short videos 3 times a week for you to get your real estate investing fix We will no longer be doing the 1 hour show each week. The great news is we are adding 2 hours a month of shows to the real estate investing club and are going to add 100’s of hours of video, audio and other educational resources there. Check out the changes at http://getrealrei.com/membership/join-us Download this Episode
Is 2010 going to be the year you break out and make real estate investing your full time business? or at least start making more, consistently? We have put together 3 Things You Need to Know if You are going to make money in real estate in 2010. Listen in as we break down each of these items. Here is a sneak peak…
Buy Bank Owned Foreclosures
Learn How to Acquire Private Money/Credit
Pounce on the First Time Homebuyer’s Tax Credit
Listener Mail
“How should I invest my tax credit money”
Real Estate News
Zillow has just introduced their new service offering, rental comparables. While everyone wants to know if Zillow is accurate for housing prices millions are still using it and their data gets better every day. We wonder how long it will take for the rental comparables, which is much harder to gather, to be a reliable source of information.
If there was a way to utilize other people’s money to fund your deals would you be able to do more deals? Absolutely the only thing that would hold you back is finding people with the funds. I know many people don’t have a lot of extra cash lying around but you would be amazed by the number of people with money in their IRA’s just dying to get a better return on their investment and jump into this super low priced real estate market.
Todd Senff from Equity Trust a self-directed IRA custodian joined us this week to answer all of your questions and to get you started getting all of the private money you can handle from other people’s self-directed IRA’s. Todd shared some great information including…
What is a Real Estate IRA?
What are the restrictions on doing deals with IRA money
What type of retirement accounts are self-directable
Can an IRA take out a mortgage loan?
Listener Mail
“How will updating my HVAC unit and windows increase the sales price of my home” From my DAD
Stocking Stuffer
While they last we have some spots left in our 2009 Stocking Stuffer offer, that means over 20 hours or 16 DVD’s worth of real estate investing training for only $99. These are limited though so get yours today and let your family know what a great gift it would be. http://getrealrei.com/stockingstuffer
If there was a way to utilize other people’s money to fund your deals would you be able to do more deals? Absolutely the only thing that would hold you back is finding people with the funds. I know many people don’t have a lot of extra cash lying around but you would be amazed by the number of people with money in their IRA’s just dying to get a better return on their investment and jump into this super low priced real estate market.
Todd Senff from Equity Trust a self-directed IRA custodian joined us this week to answer all of your questions and to get you started getting all of the private money you can handle from other people’s self-directed IRA’s. Todd shared some great information including…
What is a Real Estate IRA?
What are the restrictions on doing deals with IRA money
What type of retirement accounts are self-directable
Can an IRA take out a mortgage loan?
Listener Mail
“How will updating my HVAC unit and windows increase the sales price of my home” From my DAD
Stocking Stuffer
While they last we have some spots left in our 2009 Stocking Stuffer offer, that means over 20 hours or 16 DVD’s worth of real estate investing training for only $99. These are limited though so get yours today and let your family know what a great gift it would be. http://getrealrei.com/stockingstuffer
No matter what type of investing you plan to practice at some point you will need to rely on a quality contractor with integrity. This week on the show we spoke with contractor and investor Chuck Whiteside. Chuck shared some of his experience so that we could find the best way to find a good contractor and how to work with them. Chuck even shared information about when to hire a general contractor and when to go it alone.
Stocking Stuffer
The holiday season is finally here and we have topped any of our past annual stocking stuffers by offering over 20 hours of real estate investing education on video, for only $99. Check out the details at http://bit.ly/4J6Kh2
Listener Mail
“Is it possible to include in a contract with a contractor to hold part of the pay after the job is complete in case there are issues with the work completed?”
It’s true that there are a ton of great deals out there in the real estate market today. The fact is there aren’t as many buyers as there used to be. For the savvy real estate investor that means acquiring properties at great prices today and holding them for long term growth. If you have any rental properties in your portfolio you know how important it is manage the properties and tenants correctly. Mark Walters of MW Properties joins us to help you navigate the property manager selection process and the things to do to keep people in your homes.
Real Estate Investing in the News
Fannie Mae gets into the rental game
Update on the Treasury Departments mortgage bailout program
Listener Mail
“What loan modifications are there available for real estate investors and how does it affect your credit?”
Do you have a real estate question? Call 800-878-4982 and leave a message or click here to ask now.
On this week’s show we are doing something a little different. We are dedicated the entire show to answering your questions and filling you in on some important things going on in the real estate investing industry. Being successful is not just about finding the next great deal but it also includes understanding what is going on in the world around us so we can capitalize on new developments to further our business. This week we are answering questions including…
How do I find a good property manager
Do owners need to own a home 100% to do creative owner financing
How to increase rent on a Section 8 property
What are our cash flow requirements for a rental property
Plus we are keeping you up on new developments in real estate investing including…
The number of bank owned homes has skyrocketed in the last few years. With so much inventory it has become important for banks and corporate owners to come up with alternative methods to selling homes other than just on the MLS. Amy Bates, SVP of Marketing at Williams & Williams Auctions, one of the premier auction companies in the country, shared with us the inside information on how auctions work.
Amy explained the whole process and benefits of buying homes post-foreclosure at the auction including…
The ability to inspect the property during an open house well before the auction.
The property has already gone through the foreclosure process and title has been cleared.
You have 30 days after an accepted offer to close on the property
Auctions can lead to competitive prices for buyers to pick up good deals.
With a large reputable firm you have confidence in the purchase process
“I need to find affordable insurance for a house I’m buying to rehab and flip, something that will at least cover the structure. How do you guys do it?” - Dave in Toledo
With so many homes headed to foreclosure there are a lot of ways to jump on what has really become a hot pre-foreclosure market especially in areas of the country where housing prices have seen a correction. If you aren’t into short sales or working subject-to deals then your next option is public auctions. Tanya Marchiol is an experienced investor and realtor and president and founder of Team Investments, http://teaminvestmentsinc.com who walks us through just what to do to have a positive auction experience including…
How to line up financing before the auction
How to find auctions and the homes being sold
How to do your due diligence before the auction
The “secret sauce” building team members that are pro’s at auctions
How to get the deal closed so you can get started working on turning it to cash!!
Today’s Listener Question
“Can you tell me the best way to get a credit check on a tenant?” - Cheryl
Kris started investing part time as a struggling UPS driver. Amazingly in just 23 minutes he was a bonafide millionaire investing part time. Kris loves to have a system so all of the repetitive work is removed from the buying, making offers and selling process.
On this webinar Kris going to show you…
3 ways anyone can buy with no money or credit in this market
How to make $15,000 part time using an automated system
How to integrate direct mail and the web to get 30-40 motivated sellers per month
Get paid on deals even if there appears to be no equity in the property
How to talk with sellers to close deals that others won’t even think about
We had some great response from the live viewers when this webinar aired. Make sure you review this and learn from Kris. If you are just starting out or struggling to get consistent deals and still have time for the things that matter like family and friends I think the light bulb is going to come on for you after checking this out.
Josh Nolke, long time listener and real estate investor joined us to talk about how he was able to go from zero properties 2 years ago to 13 income producing properties today. Josh has a full time job and was able to leverage networking to find and manage good properties. Listen in as he explains the ways he started to get financing and how he is able to now get loans from regional and local banks without having to come out of pocket for the purchase or repairs. Lots of great information from a real world part-time investor.
Upcoming Events
Join us live online Oct 17th for a FREE all day seminar on how to find and flip good retail homes in our current real estate market. Myself and partner Mike Moulton are going to walk you through the process and give you real world examples of recent deals. CLICK HERE to register for free.
Wednesday Oct 14th at pm east I am going to sit down with Kris Kirschner, the “Brown Truck Millionaire.” Kris was a UPS driver and now makes tons in his real estate investments. What I love about Kris is he was able to do this without using his own cash or credit and has totally automated the system from finding deals to make offers to selling them. CLICK HERE to register for this free webinar.
Using the internet to gather leads and manage your business has become a necessity more than just a luxury. With so many people turning to the web to sell homes you have to be in the game to get the deals. Matt shared with us just how he does it and how to use the web to manage your leads and a landing page for your direct mail campaigns. He also provided some really great information for staying organized so you follow up on your leads for cash.
Get the 97 Page Internet Marketing Tips for Investors - FREE!!
Matt & John are offering you an amazing deal. This information packed 97 page ebook that takes you step by step on how to develop your internet presence and how to use internet marketing and social networking to get leads and sell your houses. I have read it about 5 times and can promise this is awesome. It is worth $500 and John is giving it away for free at http://www.getrealrei.com/realprospect
Get Real Video Podcast
Want to learn about direct mail advertising for deals and not pay a penny for it? Just click on the “video” tab at http://www.getrealrei.com We even have a full 10 part series telling you exactly what you need to do to get deals through direct mail marketing. Visit http://www.getrealrei.com/directmail to get the entire series.
Platinum Membership and Free Website
We have revamped the newsletter to be our Platinum Membership Program. It now includes the newsletter of course, plus; A monthly coaching call with us, all of our past shows that are no longer available for public consumption, and a FREE investor website for generating leads, selling homes, renting properties and creating a great public face. These sites are $30/mo and we are footing the bill for you as a platinum member. http://www.real-estate-investing-club.com
Free Ebook
Remember to visit http://www.getrealrei.com to get our free ebook and some other freebies. There are some new items available there but you have to visit to find out what we have added, http://www.getrealrei.com you will see the ebook cover on the right side.
Got Your Own Questions
Give us a call 24/7 and tell us what you need to know - 800-878-4982 or send us a note to questions at getrealrei.com (but remember we love to hear your voice.)
WE WANT YOU
We are looking for guests just like you. We want new investors or people who have never invested before. We want to talk to you on the air, answer your questions and find out just what you want to do, or are doing. Let’s help all of the other new folks get started and GET REAL. Call us at 800-878-4982 or email questions at getrealrei.com to get the process started.
Judson and Allison
How to Get the Show FREE Every week
Download the Show (right click - save as)
Eavesdrop on this conversation as Donna shares with me exactly how to pounce on the current foreclosure market utilizing Note Buying, Short Sales and Seller Financing. Donna is one serious investor and she has put together an awesome company that buys and sells notes and homes on a daily basis without having to use any of her own money. In this interview she shares exactly how. I can attest that Donna has personally helped me make enough money to become a full time investor.
Donna shared with me a way to turn negative cash flow rentals into BIG TIME money makers really easily. This is AWESOME info I never even thought about!!
You can’t turn on your computer or t.v. without hearing something about tweeting this or checking out so and so’s Facebook page. It is true, social media is here to stay. Many business owners are finding it a great way to connect with their customers. Many investors haven’t really harnessed the power of these tools. Just about every realtor I know that is working the business hard is doing something with Twitter. There are even continuing education classes offered for realtors to learn how to use it properly.
On today’s show we share with you some of the basics of how you as a real estate investor can capitalize on these free services to do so many things from finding homes to networking to build your team and bring in the leads, maybe even sell or rent a house.
Get started by Following us on Twitter and becoming our friend on Facebook.
Get Real Video Podcast
Want to learn about direct mail advertising for deals and not pay a penny for it? Just click on the “video” tab at http://www.getrealrei.com We even have a full 10 part series telling you exactly what you need to do to get deals through direct mail marketing. Visit http://www.getrealrei.com/directmail to get the entire series.
Where do I Start?
Are you new to investing? Maybe you have done some research but aren’t sure what type of investing is right for you. Spend a full day with me as I show you how to save $1,000’s and years off your learning curve to choose the type of investing custom made for you. Grab a limited time copy from http://www.getrealrei.com/pick
Newsletter and Free Website
We have revamped the newsletter to be our Platinum Membership Program. It now includes the newsletter of course, plus; A monthly coaching call with us, all of our past shows that are no longer available for public consumption, and a FREE investor website for generating leads, selling homes, renting properties and creating a great public face. These sites are $30/mo and we are footing the bill for you as a platinum member. http://www.real-estate-investing-club.com
Free Ebook
Remember to visit http://www.getrealrei.com to get our free ebook and some other freebies. There are some new items available there but you have to visit to find out what we have added, http://www.getrealrei.com you will see the ebook cover on the right side.
Got Your Own Questions
Give us a call 24/7 and tell us what you need to know - 800-878-4982 or send us a note to questions at getrealrei.com (but remember we love to hear your voice.)
WE WANT YOU
We are looking for guests just like you. We want new investors or people who have never invested before. We want to talk to you on the air, answer your questions and find out just what you want to do, or are doing. Let’s help all of the other new folks get started and GET REAL. Call us at 800-878-4982 or email questions at getrealrei.com to get the process started.
Judson and Allison
How to Get the Show FREE Every week
Download the Show (right click - save as)
Our friend and investor Don Derosa joined us to tell us all about Real Estate Investing Clubs. Why Don? He is the president of the GAREIA, the nation’s largest real estate club, and he has been serving there for 12 years. Don has some great ideas on how to get plugged in and get the most out of one of the best tools you could ever have in your real estate investing arsenal.
FREE Coaching Webinar
Do you have a question you want answered about any real estate subject? September 21st I am going to open up the Platinum member coaching call to everyone and I am going to do it live online!! Visit http://www.real-estate-investing-club.com and click on the “Live-Feed” tab to sign up for free.
Get Real Video Podcast
Want to learn about direct mail advertising for deals and not pay a penny for it? Just click on the “video” tab at http://www.getrealrei.com We even have a full 10 part series telling you exactly what you need to do to get deals through direct mail marketing. Visit http://www.getrealrei.com/directmail to get the entire series.
Are you new to investing? Maybe you have done some research but aren’t sure what type of investing is right for you. Spend a full day with me as I show you how to save $1,000’s and years off your learning curve to choose the type of investing custom made for you. Grab a limited time copy from http://www.getrealrei.com/pick
Newsletter and Free Website
We have revamped the newsletter to be our Platinum Membership Program. It now includes the newsletter of course, plus; A monthly coaching call with us, all of our past shows that are no longer available for public consumption, and a FREE investor website for generating leads, selling homes, renting properties and creating a great public face. These sites are $30/mo and we are footing the bill for you as a platinum member. www.getrealrei.com/newsletter
Free Ebook
Remember to visit http://www.getrealrei.com to get our free ebook and some other freebies. There are some new items available there but you have to visit to find out what we have added, http://www.getrealrei.com you will see the ebook cover on the right side.
Got Your Own Questions
Give us a call 24/7 and tell us what you need to know - 800-878-4982 or send us a note to questions at getrealrei.com (but remember we love to hear your voice.)
WE WANT YOU
We are looking for guests just like you. We want new investors or people who have never invested before. We want to talk to you on the air, answer your questions and find out just what you want to do, or are doing. Let’s help all of the other new folks get started and GET REAL. Call us at 800-878-4982 or email questions at getrealrei.com to get the process started.
Judson and Allison
How to Get the Show FREE Every week
Download the Show (right click - save as)
Paul joined us this week to finally answer some of your burning questions about investing in condominiums. There are many condos on the market today but how do we figure out what a good deal is. What kind of discount do I need? What is good cash flow. Where do I find the deals? Paul is going to answer all of these questions and more from his years of experience developing and investing in mixed use projects and as a lecturer at UCLA’s Anderson School of Business.
FREE Coaching Webinar
Do you have a question you want answered about any real estate subject? September 21st I am going to open up the Platinum member coaching call to everyone and I am going to do it live online!! Visit http://www.real-estate-investing-club.com and click on the “Live-Feed” tab to sign up for free.
Get Real Video Podcast
Want to learn about direct mail advertising for deals and not pay a penny for it? Just click on the “video” tab at http://www.getrealrei.com We even have a full 10 part series telling you exactly what you need to do to get deals through direct mail marketing. Visit http://www.getrealrei.com/directmail to get the entire series.
Are you new to investing? Maybe you have done some research but aren’t sure what type of investing is right for you. Spend a full day with me as I show you how to save $1,000’s and years off your learning curve to choose the type of investing custom made for you. Grab a limited time copy from http://www.getrealrei.com/pick
Newsletter and Free Website
We have revamped the newsletter to be our Platinum Membership Program. It now includes the newsletter of course, plus; A monthly coaching call with us, all of our past shows that are no longer available for public consumption, and a FREE investor website for generating leads, selling homes, renting properties and creating a great public face. These sites are $30/mo and we are footing the bill for you as a platinum member. www.getrealrei.com/newsletter
Free Ebook
Remember to visit http://www.getrealrei.com to get our free ebook and some other freebies. There are some new items available there but you have to visit to find out what we have added, http://www.getrealrei.com you will see the ebook cover on the right side.
Got Your Own Questions
Give us a call 24/7 and tell us what you need to know - 800-878-4982 or send us a note to questions at getrealrei.com (but remember we love to hear your voice.)
WE WANT YOU
We are looking for guests just like you. We want new investors or people who have never invested before. We want to talk to you on the air, answer your questions and find out just what you want to do, or are doing. Let’s help all of the other new folks get started and GET REAL. Call us at 800-878-4982 or email questions at getrealrei.com to get the process started.
Judson and Allison
How to Get the Show FREE Every week
Download the Show (right click - save as)
This week we did a short show with questions and answers because we want to make sure everyone has a chance to listen to the replay of John Hyre’s call on Monday speaking about taxes and entities. This was a solid 90 minutes of great money saving information you need to hear no matter what level of investor you are. http://www.getrealrei.com/taxhelp
Get Real Video Podcast
Want to learn about direct mail advertising for deals and not pay a penny for it? Just click on the “video” tab at http://www.getrealrei.com We even have a full 10 part series telling you exactly what you need to do to get deals through direct mail marketing. Visit http://www.getrealrei.com/directmail to get the entire series.
Are you new to investing? Maybe you have done some research but aren’t sure what type of investing is right for you. Spend a full day with me as I show you how to save $1,000’s and years off your learning curve to choose the type of investing custom made for you. Grab a limited time copy from http://www.getrealrei.com/pick
Newsletter and Free Website
We have revamped the newsletter to be our Platinum Membership Program. It now includes the newsletter of course, plus; A monthly coaching call with us, all of our past shows that are no longer available for public consumption, and a FREE investor website for generating leads, selling homes, renting properties and creating a great public face. These sites are $30/mo and we are footing the bill for you as a platinum member. www.getrealrei.com/newsletter
Free Ebook
Remember to visit http://www.getrealrei.com to get our free ebook and some other freebies. There are some new items available there but you have to visit to find out what we have added, http://www.getrealrei.com you will see the ebook cover on the right side.
Got Your Own Questions
Give us a call 24/7 and tell us what you need to know - 800-878-4982 or send us a note to questions at getrealrei.com (but remember we love to hear your voice.)
WE WANT YOU
We are looking for guests just like you. We want new investors or people who have never invested before. We want to talk to you on the air, answer your questions and find out just what you want to do, or are doing. Let’s help all of the other new folks get started and GET REAL. Call us at 800-878-4982 or email questions at getrealrei.com to get the process started.
Judson and Allison
How to Get the Show FREE Every week
Download the Show (right click - save as)
John joined me on this special 90 minute call. He had a ton of great information to help you identify where you could be paying too much on your taxes in so many different ways. He really made me think about it. John also shared a lot of information about creating your own entities to make sure you take advantage of all of those tax incentives available.
What is great is John is an investor too so he sees it from the business owner’s perspective.
If you would like more information on setting up entities and bookkeeping to get all of your tax savings visit http://www.getrealrei.com/taxhelp
How to Get the Show FREE Every week
Download the Show (right click - save as)
It isn’t often that we have a guest on that can help you learn how to get up to $8,000 from the IRS but that is what John is going to do on today’s show. He is going to help you learn how to sell your homes, finally, to qualified buyers. If you are thinking that you can’t get anyone qualified through a bank for a mortgage then that is fine. This is your chance to sell on land contract and still get the tax credit. What a deal!
Get Real Video Podcast
Want to learn about direct mail advertising for deals and not pay a penny for it? Just click on the “video” tab at http://www.getrealrei.com We even have a full 10 part series telling you exactly what you need to do to get deals through direct mail marketing. Visit http://www.getrealrei.com/directmail to get the entire series.
Are you new to investing? Maybe you have done some research but aren’t sure what type of investing is right for you. Spend a full day with me as I show you how to save $1,000’s and years off your learning curve to choose the type of investing custom made for you. Grab a limited time copy from http://www.getrealrei.com/pick
Newsletter and Free Website
We have revamped the newsletter to be our Platinum Membership Program. It now includes the newsletter of course, plus; A monthly coaching call with us, all of our past shows that are no longer available for public consumption, and a FREE investor website for generating leads, selling homes, renting properties and creating a great public face. These sites are $30/mo and we are footing the bill for you as a platinum member. www.getrealrei.com/newsletter
Free Ebook
Remember to visit http://www.getrealrei.com to get our free ebook and some other freebies. There are some new items available there but you have to visit to find out what we have added, http://www.getrealrei.com you will see the ebook cover on the right side.
Got Your Own Questions
Give us a call 24/7 and tell us what you need to know - 800-878-4982 or send us a note to questions at getrealrei.com (but remember we love to hear your voice.)
WE WANT YOU
We are looking for guests just like you. We want new investors or people who have never invested before. We want to talk to you on the air, answer your questions and find out just what you want to do, or are doing. Let’s help all of the other new folks get started and GET REAL. Call us at 800-878-4982 or email questions at getrealrei.com to get the process started.
Judson and Allison
How to Get the Show FREE Every week
Download the Show (right click - save as)