Finding Private Money for Real Estate Investing - Expanded Circle

The first step to finding private money for real estate investing is to look at your own funds, like retirement and savings. Next, you want to find out if anyone in your family has funds they could loan you. I?ve already written articles on those two sources. Today, I want you to consider expanding your search radius.

A primary source of private money for real estate investing in my own experience has been friends, professional relationships, and casual contacts. These are the people you rub shoulders with day in and day out, and these are the people you should be prepared to talk to about real estate investing.

How can you prepare? Glad you asked.

These folks are the ones you will need to share your elevator speech with. What?s an elevator speech, you ask? I?ve have written another article entitled ?Private Money For Real Estate Investing ? Your Elevator Speech? that goes into great detail. You can find it elsewhere on this site? just look on my author page.

To recap, an elevator speech is a short, pithy explanation of your investing activities, as well as how and why you use private money for real estate investing. It?s not designed to tell them everything, only to give them a quick overview, and whet their appetite for more.

That?s why you also want to be prepared to close them on a follow-up appointment to share more information. Either a one-on-one, like a lunch, or a seminar setting will work. Either way, if possible you want to share your elevator speech, get them interested, and close the deal with an appointment to tell them more.

Who should you be looking for? Anyone and everyone you know and have regular contact with. Don?t pre-judge just because you think they have no money, or don?t believe they would be interested in loaning you private money for real estate investing.

Professionals like doctors, attorneys, and accountants often have money to loan, or know others who do. Ask for referrals. Don?t limit yourself to only professionals? your friends can be a good source of private money for real estate investing. People you see daily at the stores and businesses you frequent are also possibilities. In short, anyone you know and who knows you.

Starting the conversation is best accomplished with a question. ?You know Mike, I was wondering,? you say, ?have you ever considered getting involved in real estate investing?? This opens the door, now all you need to do is walk through it!

These are just a few ideas on finding private money for real estate investing. For much more try http://www.private-money-real-estate-investing.com.

Tip of the Day by Stephen Oommen

U.S 1% Rich 99% Poor
This is your choice.
Please take a moment to watch this ABC News report. This is something I have been saying for years that the gap between the rich and the poor is growing.

ABC News Report

But here is something to think about because there are a few points I want you realize. There are always two ways to look at the same thing. Regardless, this gap is going to continue to grow and we will all have made our choice.

One point is that the couple, the meteorologist and school volunteer, say that they are at no fault because they did everything they were supposed to. This is a common statement I hear in which people want to blame someone else. But really think about how that makes no sense. If someone did EVERYTHING they were supposed to, then obviously they wouldn’t be worried and they would be set for retirement. So they apparently didn’t educate themselves on the right way to handle their finances based on the way the economy was going.

Point two, the news consultant says that the people are upset because they feel the rich are playing by an entirely different set of rules. Well this is 100% true. What he didn’t say is that EVERYONE has the ability to play by these same rules. Unfortunately barely anyone takes the time to LEARN the rules.

This is the major reason I am in business today: to make sure EVERYONE has the opportunity to learn these rules.

Today to be part of the 1% club you actually only have to earn 180k a year. Not unrealistic for those thinking you have to be in the millions of dollars club.

I do not agree with how some of the rich have earned their money immorally, illegally and unethically. That is flat wrong and there are too many ways to do it the right way, to risk doing it the wrong way. The news likes the paint a one sided picture of the rich, but yet I haven’t found even one person that can say they wouldn’t be a happy with a little bit more financial security.

Everyone is allowed the freedom to choose. You can be part of the 1% or the 99%. If you do nothing, then you choose the 99%. But it is everyone’s free choice.

Which is your choice?

God Bless!

–

Stephen Oommen
Real Estate Investor & CEO - Ovestments Inc.
www.OvestmentsInc.com

A Beginner’s Guide To Real Estate Investing Strategies

If you’re thinking about investing in real estate to make money, you need to first determine your financial goals. Do you need to make money quickly, invest for your children’s college fund, or build wealth for your retirement? Once you determine your financial goals, you need to decide which type of investing strategy works for you.

Make Money in Real Estate - Fast Cash Strategy

If you’re low on cash, get started by finding a bargain house and selling the contract to another real estate investor. Join a real estate investing club to find investors willing to pay you for finding good deals.

Make Money in Real Estate - Income Property Strategy

If you want to increase your monthly income, look for income property that returns a positive net income from month to month. Start with single family house. Look for a bargain below market value. Fix up the house to generate top rental income. Find houses that will rent for more than your mortgage payment. You may need to go out from your home area to a location that supports this type of return on your money. You can’t pay $300,000 for a home with a mortgage of $1,500 that only rents for $1,000. You might start with a home for around $300,000 that rents for $1,750. You will need good credit to get a loan with good interest rates. In a few years, your rental income should go up. Many real estate investors enjoy thousands of dollars each month generated by income property.

However, some investors don’t like dealing with tenants and prefer to make money in other real estate ventures.

Make Money in Real Estate - Investment Property Strategy

If you want to make money focusing on profits, investment property offers a different strategy. Instead of worrying about rental income, look for property that you can transform and sell or property that will appreciate significantly over time. Besides fixing a house up, you can transform a property by changing it. For instance, some investors buy apartment buildings and turn them into condominiums. Many investors speculate in land and make money by holding the land until new development in the area increases the value.

Examine your financial situation along with your long term goals. You can get started by flipping properties, move onto income properties, and then make larger profits with investment properties. You might end up using a combination of all three strategies to make money investing in real estate.

Copyright ? Jeanette J. Fisher

About the Author: Jeanette Fisher teaches how to find, finance, fix and sell. Free ebooks “Credit Tips” http://worryfreecredit.com “Flipping Houses” at http://doghousetodollhousefordollars.com

Finding Private Money for Real Estate Investing - Expanded Circle

The first step to finding private money for real estate investing is to look at your own funds, like retirement and savings. Next, you want to find out if anyone in your family has funds they could loan you. I?ve already written articles on those two sources. Today, I want you to consider expanding your search radius.

A primary source of private money for real estate investing in my own experience has been friends, professional relationships, and casual contacts. These are the people you rub shoulders with day in and day out, and these are the people you should be prepared to talk to about real estate investing.

How can you prepare? Glad you asked.

These folks are the ones you will need to share your elevator speech with. What?s an elevator speech, you ask? I?ve have written another article entitled ?Private Money For Real Estate Investing ? Your Elevator Speech? that goes into great detail. You can find it elsewhere on this site? just look on my author page.

To recap, an elevator speech is a short, pithy explanation of your investing activities, as well as how and why you use private money for real estate investing. It?s not designed to tell them everything, only to give them a quick overview, and whet their appetite for more.

That?s why you also want to be prepared to close them on a follow-up appointment to share more information. Either a one-on-one, like a lunch, or a seminar setting will work. Either way, if possible you want to share your elevator speech, get them interested, and close the deal with an appointment to tell them more.

Who should you be looking for? Anyone and everyone you know and have regular contact with. Don?t pre-judge just because you think they have no money, or don?t believe they would be interested in loaning you private money for real estate investing.

Professionals like doctors, attorneys, and accountants often have money to loan, or know others who do. Ask for referrals. Don?t limit yourself to only professionals? your friends can be a good source of private money for real estate investing. People you see daily at the stores and businesses you frequent are also possibilities. In short, anyone you know and who knows you.

Starting the conversation is best accomplished with a question. ?You know Mike, I was wondering,? you say, ?have you ever considered getting involved in real estate investing?? This opens the door, now all you need to do is walk through it!

These are just a few ideas on finding private money for real estate investing. For much more try http://www.private-money-real-estate-investing.com.

Finding Private Money for Real Estate Investing - Expanded Circle

The first step to finding private money for real estate investing is to look at your own funds, like retirement and savings. Next, you want to find out if anyone in your family has funds they could loan you. I?ve already written articles on those two sources. Today, I want you to consider expanding your search radius.

A primary source of private money for real estate investing in my own experience has been friends, professional relationships, and casual contacts. These are the people you rub shoulders with day in and day out, and these are the people you should be prepared to talk to about real estate investing.

How can you prepare? Glad you asked.

These folks are the ones you will need to share your elevator speech with. What?s an elevator speech, you ask? I?ve have written another article entitled ?Private Money For Real Estate Investing ? Your Elevator Speech? that goes into great detail. You can find it elsewhere on this site? just look on my author page.

To recap, an elevator speech is a short, pithy explanation of your investing activities, as well as how and why you use private money for real estate investing. It?s not designed to tell them everything, only to give them a quick overview, and whet their appetite for more.

That?s why you also want to be prepared to close them on a follow-up appointment to share more information. Either a one-on-one, like a lunch, or a seminar setting will work. Either way, if possible you want to share your elevator speech, get them interested, and close the deal with an appointment to tell them more.

Who should you be looking for? Anyone and everyone you know and have regular contact with. Don?t pre-judge just because you think they have no money, or don?t believe they would be interested in loaning you private money for real estate investing.

Professionals like doctors, attorneys, and accountants often have money to loan, or know others who do. Ask for referrals. Don?t limit yourself to only professionals? your friends can be a good source of private money for real estate investing. People you see daily at the stores and businesses you frequent are also possibilities. In short, anyone you know and who knows you.

Starting the conversation is best accomplished with a question. ?You know Mike, I was wondering,? you say, ?have you ever considered getting involved in real estate investing?? This opens the door, now all you need to do is walk through it!

These are just a few ideas on finding private money for real estate investing. For much more try http://www.private-money-real-estate-investing.com.

Real Estate Investing : Daily Aberration Investors Make

Real Estate Investing : Daily Aberration Investors Make Submitted By: Tom Beaty

In real estate investing, a common question is which came first, the deal or the plan. A common aberration that people make is not knowing what to do with a great property after they buy it. This is where the struggle begins. They are stuck in a corner because they approached this from the wrong direction. First, you are supposed to make a method. Then you must find an applicable home that fits into that situation. Planning things is human nature. Future matters such as retirement and college education are all planned. Real estate deals should be planned as well. A rookie investor may jump ahead of the game and forget to concoct a plan. It is up to you to figure out what you will do in the real estate market. What houses will you buy and how do you plan on selling them? Having a method is in your best interest. Unfortunately, there is no way to get rich quick in real estate. We all tend to fantasize about the big million dollar deals, however, real estate investing is a gradual process. Proceeding slow and steady, will keep you in the right direction to reach your goals. Becoming a millionaire from your first deal is not a realistic goal, but you will probably make some good money. A good investor will usually make about sixty to one hundred thousand per year with decent investments. This income takes into account that not everything will go according to plan, but assumes that your progress will be steady. You must have rational real estate goals. No single person can do everything. There are imperative roles that must be filled by some key people if you plan on succeeding at real estate investing. The adept investor always has a team of specialists assisting him. Your real estate agent must be honorable and able to help you analyze the properties. You will need an appraiser and a contractor or an inspector in order to make sure that the house is worth the investment. If you don’t want any hidden surprises surfacing through the course of the deal, you unconditionally must hire an attorney. You will encounter many situations in the real estate business, and there is no single strategy that encompasses everything. You must have several strategies at your disposal. Investors often find themselves reselling a house urgently after buying it. If you simply don’t have time to get your investment ready for a profit, renting is another valid option. However, there are time periods where the rental market can become ineffective or stall. If you are in this circumstance and absolutely must get rid of the property. you still have the option to offer a land contract or lease option. You may have to sell to cut your losses and sell to another investor if all else fails. A adept investor acts quickly when it’s time to bail. A rookie investor can refrain from making these mistakes by doing some research and planning. Until you understand the business, you shouldn’t figure out what real estate to invest in. Research one of the books containing the strategies used by the pros. Attend free seminars that will inform you on the best way to invest. Making adept decisions in your real estate investing will certainly help you avoid these common miscalculations. Article Tags: investor, make, real Tags: Aberration, According To Plan, Beaty, Becoming A Millionaire, Best Interest, College Education, Estate Deals, Estate Goals, Human Nature, Hundred Thousand, Investments, Investor, Nbsp, Real Estate Agent, Real Estate Investing, Realistic Goal, Retirement, Right Direction, Struggle, Wrong Direction Short Sales Training by Nationally Renowned and Local Expert. July 13, 2010 by Kenny Santos   Filed under Real Estate Investing Leave a Comment Training will be this Saturday July 17th at the Horizon Financial Center. It will be an all day event from 9:00 am until 4:30 pm. The event is free but it is by invitation only. If you would like to get an invitation call me directly at 801.755.9297. This is going to be a full day of solid nuts and bolts training on real estate investing. Topics will be primarily focused on the Pre-foreclosure and Foreclosure market and how to use these strategies to secure your retirement. Our Keynote speaker Brain Sump, is a very good friend of mine. Brian started in real estate investing a little while before I did with the same group that assisted me in getting started. Brian is a local Lehi Utah resident who as a diesel mechanic decided to pursue a better life for him and his family using real estate investing. In the matter of about 18 months as a real estate investor Brian paid off all his consumer debt including his own home, and now earns over a million dollars a year DEBT FREE! Did I mention that the majority of Brians deals have been NO MONEY, and NO CREDIT transactions? Brian will share the path he took to achieve the level of success he now has. Brian is regarded as one of the top short sale and pre-foreclosure experts in the nation. He also teaches classes at a national college for real estate investors. Brian has a passion for helping people in tough situations as well as educating others to do the same. Brian will only be teaching win-win techniques for investing in real estate because that is the only transactions he will do. I can personally say that Brian is not only a phenomenal trainer and speaker, but he is also one of the most generous people that I know. I have a tremendous amount of respect for the values and principles that Brain holds. He is committed to helping others, as well as providing his family with the life they deserve. Tags: Better Life, Consumer Debt, Credit Transactions, Debt Free, Diesel Mechanic, Expert Training, Foreclosure Experts, Foreclosure Market, Generous People, Good Friend, Helping Others, Horizon, Investing In Real Estate, Invitation, Keynote Speaker, Lehi Utah, Million Dollars, Nuts And Bolts, Nuts Bolts, Pre Foreclosure, Real Estate Investor, Real Estate Investors, Retirement, Utah Resident A Beginner’s Guide To Real Estate Investing Strategies July 8, 2010 by Kenny Santos   Filed under Real Estate Investing Leave a Comment If you’re thinking about investing in real estate to make money, you need to first determine your financial goals. Do you need to make money quickly, invest for your children’s college fund, or build wealth for your retirement? Once you determine your financial goals, you need to decide which type of investing strategy works for you. Make Money in Real Estate - Fast Cash Strategy If you’re low on cash, get started by finding a bargain house and selling the contract to another real estate investor. Join a real estate investing club to find investors willing to pay you for finding good deals. Make Money in Real Estate - Income Property Strategy If you want to increase your monthly income, look for income property that returns a positive net income from month to month. Start with single family house. Look for a bargain below market value. Fix up the house to generate top rental income. Find houses that will rent for more than your mortgage payment. You may need to go out from your home area to a location that supports this type of return on your money. You can’t pay $300,000 for a home with a mortgage of $1,500 that only rents for $1,000. You might start with a home for around $300,000 that rents for $1,750. You will need good credit to get a loan with good interest rates. In a few years, your rental income should go up. Many real estate investors enjoy thousands of dollars each month generated by income property. However, some investors don’t like dealing with tenants and prefer to make money in other real estate ventures. Make Money in Real Estate - Investment Property Strategy If you want to make money focusing on profits, investment property offers a different strategy. Instead of worrying about rental income, look for property that you can transform and sell or property that will appreciate significantly over time. Besides fixing a house up, you can transform a property by changing it. For instance, some investors buy apartment buildings and turn them into condominiums. Many investors speculate in land and make money by holding the land until new development in the area increases the value. Examine your financial situation along with your long term goals. You can get started by flipping properties, move onto income properties, and then make larger profits with investment properties. You might end up using a combination of all three strategies to make money investing in real estate. Copyright ? Jeanette J. Fisher About the Author: Jeanette Fisher teaches how to find, finance, fix and sell. Free ebooks “Credit Tips” http://worryfreecredit.com “Flipping Houses” at http://doghousetodollhousefordollars.com Tags: Bargain Market, Financial Goals, Good Deals, Interest Rates, Investing In Real Estate, Investing Money, Mortgage Payment, Net Income, Profits, Property Strategy, Real Estate Investment, Real Estate Investment Property, Real Estate Investor, Real Estate Investors, Rents, Retirement, S College, Single Family, Strategy Works, Thousands Of Dollars A Beginner’s Guide To Real Estate Investing Strategies January 14, 2010 by Kenny Santos   Filed under Real Estate Investing Leave a Comment If you’re thinking about investing in real estate to make money, you need to first determine your financial goals. Do you need to make money quickly, invest for your children’s college fund, or build wealth for your retirement? Once you determine your financial goals, you need to decide which type of investing strategy works for you. Make Money in Real Estate - Fast Cash Strategy If you’re low on cash, get started by finding a bargain house and selling the contract to another real estate investor. Join a real estate investing club to find investors willing to pay you for finding good deals. Make Money in Real Estate - Income Property Strategy If you want to increase your monthly income, look for income property that returns a positive net income from month to month. Start with single family house. Look for a bargain below market value. Fix up the house to generate top rental income. Find houses that will rent for more than your mortgage payment. You may need to go out from your home area to a location that supports this type of return on your money. You can’t pay $300,000 for a home with a mortgage of $1,500 that only rents for $1,000. You might start with a home for around $300,000 that rents for $1,750. You will need good credit to get a loan with good interest rates. In a few years, your rental income should go up. Many real estate investors enjoy thousands of dollars each month generated by income property. However, some investors don’t like dealing with tenants and prefer to make money in other real estate ventures. Make Money in Real Estate - Investment Property Strategy If you want to make money focusing on profits, investment property offers a different strategy. Instead of worrying about rental income, look for property that you can transform and sell or property that will appreciate significantly over time. Besides fixing a house up, you can transform a property by changing it. For instance, some investors buy apartment buildings and turn them into condominiums. Many investors speculate in land and make money by holding the land until new development in the area increases the value. Examine your financial situation along with your long term goals. You can get started by flipping properties, move onto income properties, and then make larger profits with investment properties. You might end up using a combination of all three strategies to make money investing in real estate. Copyright ? Jeanette J. Fisher About the Author: Jeanette Fisher teaches how to find, finance, fix and sell. Free ebooks “Credit Tips” http://worryfreecredit.com “Flipping Houses” at http://doghousetodollhousefordollars.com Tags: Bargain Market, Financial Goals, Good Deals, Interest Rates, Investing In Real Estate, Investing Money, Mortgage Payment, Net Income, Profits, Property Strategy, Real Estate Investment, Real Estate Investment Property, Real Estate Investor, Real Estate Investors, Rents, Retirement, S College, Single Family, Strategy Works, Thousands Of Dollars Next Page » eNews & Updates Sign up to receive breaking news as well as receive other site updates! 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