Category Archives: Foreclosure

Welcome to the Foreclosure Investing Course

Acquiring Financing for Foreclosure Investing

Before we start to learn how to identify distressed properties, which is the easiest part of this business, you MUST HAVE  your financing arrangements in order.  The reason for this is that when you go under contract  with a homeowner or Realtor and tell him you will close in 30 days  you must close in 30 days.   Closing within that time frame is not a legal requirement,  but doing so will establish you with a good reputation; and in this business your reputation is very important. There will be times, however, when problems with title or some other issue may legitimately prevent you from closing within 30 days. If this occurs, simply inform the involved parties of the situation and let the chips fall where they may.

Continue reading Welcome to the Foreclosure Investing Course

Property Inspection and Valuation

In this business, accurately determining the value of property is crucial for your success. In whatever location you decide to start your business, you need to familiarize yourself with the real estate particularities of that locale. I have made all my money by working in just one county. Why? I have made myself an expert on the county; I know exactly what I can sell a given property for; I know when I can push the value up an extra $10,000 and when I can’t. These are good reasons for you to find a location, then stick with it and really study it. YOU become the real estate expert of your area. Continue reading Property Inspection and Valuation

Submitting an Offer to Purchase

This is one of the most important lessons in my program, so make sure everything is clear to you. Earning money as a real estate investor hinges on making smart offers on properties. Though high offers submitted may be eagerly accepted by sellers, they will also result in your losing or making little money on those properties. Submitting offers that are too low may result in great profit potential, but they are rarely accepted, so the profit potential remains just that — potential. To make money as a real estate investor you have to actually buy and sell property. The trick, then, is to submit as low of an offer as possible while retaining a good chance of being accepted. Continue reading Submitting an Offer to Purchase

How to Sell Fast – Mastering the Art of Finding Buyers

What I am about to teach you is the most important lesson in my system — locating buyers to purchase your property.  In this business, finding properties is easy!  Once you establish yourself, you’ll have so many properties coming in that you won’t know what to do with them all. BUT, if you can’t find buyers to purchase your properties, you won’t make a penny! Continue reading How to Sell Fast – Mastering the Art of Finding Buyers