Real estate investing does not have to be complicated!

Real estate investing does not have to be complicated

Do you know what is the hardest deal to ever do in real estate?

Your first one!

The challenge is that most people will quit before ever getting their first deal.

I also feel that there is sooooooo much information available in the marketplace that even getting started is almost as challenging as getting your first deal!

I think one of the reasons for this is there are so many ways to invest in real estate!

Do I buy No Money Down?

Do I invest in Foreclosures or Pre-foreclosures?

Do I invest in “Fixer Uppers?”

Do I do “Flips”?

Do I adopt a “Buy and Hold?”

Do I Lease-Purchase or Lease option?

Do I buy “Subject to” the existing financing?

Do I buy Single-family homes? Condos? Mobile Homes? Apartment buildings?

You get the idea! There are so many ways to invest in real estate today!

Ok, let’s say you’re lucky to pick one way to invest in real estate, let’s say Foreclosures.

There seems to be a hundred ways to do a foreclosure deal!

Now, in addition to finding your first foreclosure deal, you then have to figure out which of the hundred ways to do that deal!

I still wince in pain whenever I see a real estate program that has anywhere from 12 to 36 CD’s or audio tapes!

Who really has the time to go through all of that information?

And even if you make time, can you say, “Information OVERLOAD”?

We always said that we did not want to learn 100 ways to do a real estate deal but one simple, proven way that would take us to the bank!

When we wrote “Buy With No Credit–How to Make Money This Month in Real Estate” it was with the belief that people would appreciate a course that simply “cut to the chase” and taught one simple method (no credit checks and $1-10.00 down) to invest in real estate.

Something so simple that anyone could read it in a day and begin contacting homeowners the very same night!

We appreciate people that do not “Mickey Mouse” around and are direct and to the point!

So our strongest recommendation is to find one way to invest in real estate and then pay the price and really learn that one method.

Vickie and I recently went to our first “bootcamp” (yes we believe in continuing education)

During this 3 day event, there were 7 “guest speakers” and these speakers all had an upcoming “boot camp” they were promoting. The thing that blew us away was all the people who signed up for those additional “bootcamps”.

We saw some folks that signed up for every one!

I wanted to scream out, “What about the information that was being presented this weekend?!”

When would these people ever have time to implement the strategies they were learning that weekend?

The reality is that most people would rather write a check then to take action!

So the only action they have in a year is going from Bootcamp to Bootcamp, a massive credit card bill, and to officially be a “jack of all trades” in real estate!

Do not try to be a “jack of all trades” in real estate!

Jacks of all trades in real estate never make the money that the specialist will!

Let me ask you a question: Who makes the most money in the health field? Is it the General Practitioner (Family doctor) or the Specialist?

The Specialist, of course!

Choose this day to become a specialist in one area in real estate and then apply yourself to becoming a Specialist in that one method!

Once you have mastered that one method, then and only then, you can diversify and learn another method.

A word of warning:

When choosing a course or training program on any real estate method, do not confuse the price of the program with the value of the program.

Just because a program is a lot of money does not mean that it has more value than a less expensive program.

Case in point: One of our students spent $12,000 with a “real estate mentor” and was frustrated because it was like he was spinning his wheels.

He ordered our course for the special price of $97 and within 4 weeks was closing deals on his first 2 properties!

Remember this and remember it well… The value a real estate course or training program has nothing to do with the price!

Just because it is expensive does not make it automatically better than a more affordable course.

The value is only determined by the impact the course or training program has on that person!

This is absolutely critical!

Truly caring for your success! TC and Vickie Bradley http://www.tcandvickiebradley.com

About the Author

TC and Vickie Bradley are authors of the #1 best selling course “Buy With No Credit, How to make money this month in Real Estate”.

It has maintained a #1 ranking in Real Estate at one of the Internet’s most trusted and respected web sites since it was released in April of 2003.

This dynamic and caring couple has a passion to assist others in walking into the greatness that is already within them!

Real Estate Investing - Ten Myths

Is real estate investing only for the wealthy? Can you buy with no money down? Do you have to know the “right” people? Let’s answer by looking at some of the myths of real estate.

1. Real estate investing is for the wealthy. Money helps, but my first real estate investment was a $3,500 lot - which I sold for a profit two weeks after I bought it. Small deals, partners, low-down deals, or just putting aside $7 per day for a couple years until you have enough money for a downpayment - these are some of the ways to start with a little and invest in real estate.

2. “0 down” isn’t possible. I sold a rental property for $1,000 down because I trusted the buyer to make the payments, and I wanted the 9% interest and higher price. He could have gotten a cash-advance on a credit card for another $30 per month and made it a “0-down” deal. “No money down” means none of YOUR money down, and yes, it happens.

3. “0 down” is the best way. If you don’t invest some of your own money, you’ll have higher payments. You’ll also spend more time finding suitable properties, and pay more for them (generally cooperative sellers want more for their cooperation - I do). There are 0-down deals out there - they just aren’t always worth doing.

3. You need experience. Experience helps, but you get it by investing. Start with common sense, ask how you can lose money, be willing to learn the numbers, and you can start where you are.

4. Some investors have a “knack” for making money. Sort of. More accurately, some just took the time and risk to learn the market and continue their education.

5. You need to know the “right” people. It helps, so start the process. Talk to investors, real estate agents, landlords, etc.

6. You have to be great negotiator. If you learn to run the numbers and make the offers based on them, you can be the worst negotiator and still do okay.

8. You need insider knowledge. Understand one deal, and you are on your way. Read and read more, but the best “insider” knowledge comes from experience.

9. Fixer-uppers are safe. People have the idea that doing the work themselves is the safest way to assure a profit. Not true. Mis-planned “fix and flips” have bankrupted even experienced investors. Most poorly purchased rental properties will only eat a little money every month.

10. The key is lowball offers. The numbers have to work, and you need a plan. You can offer MORE than the market price and make money investing in real estate, if you understand creative financing - and how to do the math.

About the author:

Steve Gillman has invested in real estate for years. To learn more, and to see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com

Knowledge is the Key to a Successful Real Estate Investing

A lot of people are looking for ways to have additional income.

For many years, real estate has been a well known investment. Most of the millionaires out there made their first million dollars in entering into real estate. Indeed, even celebrities are venturing out into real estate investing. They believe that a big way of money making is through real estate investing.

Yes, real estate investing can be as all what it is in the television and celebrities program, they say it is, but investing in real estate is not that easy. Investing in real estate requires a lot such as buying, selling, negotiating and repairing a property or home. So knowledge in this field of business is very important. Someone who wants to go into real estate investing must has the necessary knowledge in this kind of business. Certainly, you do not want to put your money into waste, if something goes wrong. Proper education in this field should be taken into consideration.

Indeed, everyone can enter the world of real estate; anyone can invest in real estate if they desire to invest. All of them can also be successful in real estate investing, provided that they have gain the proper knowledge in real estate investing. Actually, it is possible that anyone can learn on how to invest in real estate.

Anyone can learn about real estate investing, anyone who considers purchasing a property as an investment, provided that they are educated with this field before doing the buying. There are a lot of strategies and techniques that real estate investors have tried everyday such as rentals, foreclosure, lease options and so on. Certainly, those real estate investors who gave their time to learn and educate themselves will be successful in this type of business.

If you are planning to buy property then sell it on your own, without working with an agent, would be risky in having financial loss, if you do not educate yourself first before entering into such field.

There are lots of ways to gain knowledge about real estate investing. One way is by purchasing books to get several advices and guidelines. Another way is through the internet, there are a lot of websites that cater about real estate investing. There are websites that can give you explanation, trainings, education on different topics in real estate investing.

You can also find some mentors online to give you advices and guidelines about real estate investing. Nowadays, there are also some universities that teach real estate investing.

Absolutely, real estate investing is a profitable business. But of course, you do not have to enter into such business just that, you have to gain the valuable knowledge needed in this type of business, in order not to fail. It would be too risky in your part, if you enter into real estate investing without the necessary knowledge; you do not have the immediate techniques and strategies in handling some problems. So a proper education is a must in venturing out to real estate investing.

Indeed, knowledge is the key to be successful in real estate investing. So if you are planning to venture out to such business, start gaining the necessary knowledge you?ll need in investing at real estate.

Real Estate Investing Seminars

When you look around, it’s amazing how many people are putting some of their extra cash into a real estate investment. Is it just that as the baby boomers get older, more of them are panicking about having enough money for retirement? Or is it just that all the reality shows on television about remodeling rooms and homes has given people the urge to remodel something?

Either way, there’s no doubt that plenty of people make good money from real estate, and so can you. But although you may have heard some of the stories about Joe Bloggs who bought a house without having a clue what he was doing, only to sell it and make a fortune down the road, chances are that won’t happen to you. As more people get into real estate investing, the harder it’s going to be to make money just through pure luck. You need to know what you’re doing to get the best results.

That’s where a real estate investing seminar can be useful. I’m sure you’ve heard the concept of modeling yourself on someone successful if you want to be successful too, and real estate investing is the same. If you can find someone who’s made a lot of money investing in real estate, learn their methods and then copy them, chances are you’ll be very successful too. Unfortunately, most people making lots of money from real estate aren’t interested in sharing their strategies with anyone. If you can find someone and get them to be your personal mentor, great.

But if you can’t find a personal mentor, then look around and find a real estate investing seminar run by someone who’s made a success of real estate investing. There are plenty of companies that run real estate investing seminars, usually because they’re trying to flog their latest development, and it’s probably a good idea to steer clear of those. Ask around, particularly if you have friends or family who invest in real estate, to see if they can recommend a seminar they’ve been to.

Do some searching on the Internet, and you’ll soon come across a number of real estate investing seminars. You can also search based on a presenter’s name, to see what other people have to say about the presenter’s background and the success of his or her techniques. Most importantly, leave your credit cards at home, so that if the seminar is mostly about selling you lots of expensive resources, you can go home and sleep on it before blowing a stack of money. After all, you want to use most of your money for investing in real estate.

Is Real Estate Investing Really One of the Best Income Opportunities

Investing in real estate can be one of the very best income opportunities, but it depends on your personality. I don’t believe everyone is suited for real estate investing, any more than I believe that everyone is suited to be a professional golfer, opera singer, or CPA.

In order for real estate investing to be the best income opportunity for YOU, first make sure you’re the type of person who can succeed as an investor. Fortunately, there are almost as many ways to invest in real estate as there are personality types, so the chances are excellent you will find one you can succeed at.

By answering a few simple questions, I can help you narrow your focus and decide what kind of investing you’re likely to do well with. Be honest with yourself, and answer each question with a simple yes or no. Ready? Let’s get started.

1. Do you consider yourself a highly detailed and organized person?

2. Do you find it difficult or uncomfortable meeting new people and starting conversations with them?

3. Do you enjoy managing large projects and orchestrating the efforts of a group of people?

If you answered yes to the three questions above, your skills make you well suited to rehabbing properties. You may not succeed as a negotiator, so finding and flipping properties is something you probably should avoid, but if you can partner with a skilled deal-finder, handling the rehab projects is something you most likely would enjoy and be good at.

Here’s another set of questions.

1. Do you find it easy to get to know new people and start conversations with them?
2. Do people tend to trust you easily?
3. Do you like how it feels when you negotiate a great deal?
4. Do you dislike detailed work, or are you slightly disorganized?
5. Are you tenacious and persistent?

If you answered yes to at least 4 of the above questions, bird-dogging, wholesaling, and flipping may be right for you. Talking to sellers will be one of your strong suits, once you learn how. Building a list of buyers will probably come easier for you than it might for someone else. However, you should avoid taking on rehabs, or becoming a landlord. Those require more detail and organization than you possess.

Here’s the final group of questions.

1. Are you patient and not easily frustrated?
2. Can you be firm and direct when necessary?
3. Are you consistent and organized in you own personal finances and recordkeeping?

If these answers were yes, perhaps landlording and holding properties for rental would be a good fit for you. In fact, these traits are found in almost all successful, long-term landlords. On the other hand, not possessing these qualities is most likely why so many landlords get fed up with their tenants and wind up selling their properties at a big loss.

There is much more we could say on this topic, but by now you’re getting the idea. It’s vitally important to take a look at yourself truthfully. Ask yourself some hard questions, and use the answers to help determine if real estate investing will be one of the very best income opportunities for you, and which type of investing you are best prepared to excel at.

Now, go make more offers!

Real estate investing does not have to be complicated!

Real estate investing does not have to be complicated

Do you know what is the hardest deal to ever do in real estate?

Your first one!

The challenge is that most people will quit before ever getting their first deal.

I also feel that there is sooooooo much information available in the marketplace that even getting started is almost as challenging as getting your first deal!

I think one of the reasons for this is there are so many ways to invest in real estate!

Do I buy No Money Down?

Do I invest in Foreclosures or Pre-foreclosures?

Do I invest in “Fixer Uppers?”

Do I do “Flips”?

Do I adopt a “Buy and Hold?”

Do I Lease-Purchase or Lease option?

Do I buy “Subject to” the existing financing?

Do I buy Single-family homes? Condos? Mobile Homes? Apartment buildings?

You get the idea! There are so many ways to invest in real estate today!

Ok, let’s say you’re lucky to pick one way to invest in real estate, let’s say Foreclosures.

There seems to be a hundred ways to do a foreclosure deal!

Now, in addition to finding your first foreclosure deal, you then have to figure out which of the hundred ways to do that deal!

I still wince in pain whenever I see a real estate program that has anywhere from 12 to 36 CD’s or audio tapes!

Who really has the time to go through all of that information?

And even if you make time, can you say, “Information OVERLOAD”?

We always said that we did not want to learn 100 ways to do a real estate deal but one simple, proven way that would take us to the bank!

When we wrote “Buy With No Credit–How to Make Money This Month in Real Estate” it was with the belief that people would appreciate a course that simply “cut to the chase” and taught one simple method (no credit checks and $1-10.00 down) to invest in real estate.

Something so simple that anyone could read it in a day and begin contacting homeowners the very same night!

We appreciate people that do not “Mickey Mouse” around and are direct and to the point!

So our strongest recommendation is to find one way to invest in real estate and then pay the price and really learn that one method.

Vickie and I recently went to our first “bootcamp” (yes we believe in continuing education)

During this 3 day event, there were 7 “guest speakers” and these speakers all had an upcoming “boot camp” they were promoting. The thing that blew us away was all the people who signed up for those additional “bootcamps”.

We saw some folks that signed up for every one!

I wanted to scream out, “What about the information that was being presented this weekend?!”

When would these people ever have time to implement the strategies they were learning that weekend?

The reality is that most people would rather write a check then to take action!

So the only action they have in a year is going from Bootcamp to Bootcamp, a massive credit card bill, and to officially be a “jack of all trades” in real estate!

Do not try to be a “jack of all trades” in real estate!

Jacks of all trades in real estate never make the money that the specialist will!

Let me ask you a question: Who makes the most money in the health field? Is it the General Practitioner (Family doctor) or the Specialist?

The Specialist, of course!

Choose this day to become a specialist in one area in real estate and then apply yourself to becoming a Specialist in that one method!

Once you have mastered that one method, then and only then, you can diversify and learn another method.

A word of warning:

When choosing a course or training program on any real estate method, do not confuse the price of the program with the value of the program.

Just because a program is a lot of money does not mean that it has more value than a less expensive program.

Case in point: One of our students spent $12,000 with a “real estate mentor” and was frustrated because it was like he was spinning his wheels.

He ordered our course for the special price of $97 and within 4 weeks was closing deals on his first 2 properties!

Remember this and remember it well… The value a real estate course or training program has nothing to do with the price!

Just because it is expensive does not make it automatically better than a more affordable course.

The value is only determined by the impact the course or training program has on that person!

This is absolutely critical!

Truly caring for your success! TC and Vickie Bradley http://www.tcandvickiebradley.com

About the Author

TC and Vickie Bradley are authors of the #1 best selling course “Buy With No Credit, How to make money this month in Real Estate”.

It has maintained a #1 ranking in Real Estate at one of the Internet’s most trusted and respected web sites since it was released in April of 2003.

This dynamic and caring couple has a passion to assist others in walking into the greatness that is already within them!

Removing The Guesswork From Real Estate Investing

Investing in real estate can be a hard investment to break into properly without a fair amount of research into the market itself. That being said, the time spend educating yourself on the current and past trends in real estate will surely be time well spent. Real estate has consistently shown itself to be one of the most stable and profitable of ventures available to the average investor. Initially there is a lot of guesswork involved with the process of investing in real estate. These include such things as where to invest, should you flip or be a landlord, and how to go about the financing that will undoubtedly ensue?

The best way to pursue this endeavor is to systematically remove the guesswork and replace it with solid facts and informed decisions. The first question is where should you invest? In real estate there is little that is more important than location. If you are thinking about a long term investment then you will want to carefully consider the location of the property before buying. Make sure that your property is within close proximity of schools, shopping, business and any other necessary amenities. Also make sure that any planned changes to these things is taken into account. Make sure that your investment is located in a secure and growing area so that it will be a profitable investment for years to come.

Now comes one of of the big questions. Will you flip the property or do you have what it takes to be a landlord? This decision will factor largely into the the kind of property you choose. Flipping real estate can bring in a nice profit quickly if you are willing to spend some money on renovations or upgrades. On the other hand, being a landlord can bring in a secure monthly income and add to your equity. The choice is yours.

With your financing, just make sure that you deal with a financial professional that specializes in the world of investments. This is crucial as there are many different considerations when investing as opposed to buying for your own residential purposes.

First Steps In Real Estate Investing

With so many people making tremendous amounts of money in property or real estate it’s no wonder so many are looking at real estate as an investment. It offers more security than the stock market, provides great potential returns, offers tax benefits and it sounds cool to be ‘in real estate’.

One challenge many are faced with is the money to acquire a piece of property. You’ve heard, “I would love to invest in real estate, but I just can’t afford to!” Hardly anyone who buys a piece of real estate has enough money to pay for it. That’s where your banker comes in.

Owning your own home may sound like a somewhat obvious way to get started in real estate, but it is also a very good way to do so. This step is overlooked by a lot of people. Just take a look at how many people are still renting a property instead of buying one. People rent because in their mind, “they don’t have enough money to buy a house.” In reality it would be much cheaper for them to buy!

When you rent,you’re not building anything long term. Every dollar you spend on rent is a dollar you will never see again. If you own your own home, you would be paying your mortgage. The basics of practically all mortgages are more or less the same. Every month you make a payment which consists of two parts: interest and principle. Interest can be compared to rent. Those dollars are gone and you will never hear from them again. The part of the payment that goes to the principle is money you keep. Every dollar used to pay off the principal is a dollar you put in your own pocket.

So if you’re thinking about getting started in real estate and you don’t ‘own’ your own house yet… Change it, and get some experience. It’s a great first step towards building your capital and it makes more sense financially. There are opportunities for accelerating the process of building your net worth. When real estate prices go up, so does the value of your property. The money you owe the bank, your mortgage, remains the same. In other words this helps you build your net worth. People that pay rent… Their net worth does nothing. Their landlord’s net worth is doing very nicely in this scenario and he or she will probably love you for it. So if you get a warm feeling about making somebody else rich at your own expense… keep renting. To build your own capital … Buy your own house!

Many home owners have accumulated more money through appreciation of their property than by working a full time job for years. Before you go out and buy the first property you see, don’t forget some security measures are in order. As you may or may not know, real estate prices do not always go up. This can be shocker to some people, as well as an ugly reminder for those who overlooked this minor detail. If for some reason you would have to sell your home in a down market, it can be a costly adventure. You wouldn’t be the first to end up with a house worth considerably less than the mortgage. Make sure to keep some slack. Overall, real estate prices have always been on the rise, but in any cycle there are down periods. By keeping some slack and being patient you will be able to sit through these times and profit from the long term up-trend.

About the Author: With many years in the industry of property or real estate, host, Sintilia Miecevole’s site http://www.miraproperty.com will help you with searches from taxes, listings including residential, commercial and land to unclaimed property, vacation, waterfront and much more. Be sure to visit http://www.miraproperty.com for further information.