Profit is GOOD! (and Why That Matters to You)

Although virtually everyone who has an interest in real estate investing would say that earning a profit is a good thing, surprisingly, their actions often show the exact opposite. This subject permeates the entire real estate universe because our profits are front and center in every transaction. Rarely, is the money you are earn in a real estate deal hidden from view. So you either embrace the economic worldview that earning a profit is a good thing, or you don't. And actions speak louder than … [Read more...]

The Skinny on Real Estate Investment Clubs

You're about to discover the "skinny" on real estate investment clubs. From how they operate, to what to watch out for as well as how to optimize your experience at the club meetings. Plus, you'll learn how to locate the club nearest you. This is information you'll probably hear nowhere else because I come from an unbiased perspective. I don't run my own local club, but I know some who do. I have also seen over a lifetime of experience, the good, the bad and the ugly of real estate investor … [Read more...]

Mortgage Loan Forgiveness is Here!

Mortgage loan forgiveness is for real and it is here. How? Back in the spring of 2012, federal banking regulators settled with 14 major mortgage servicers over alleged foreclosure abuses to the tune of $25 Billion. Among the 14, included industry leaders such as Bank of America, JPMorgan Chase, Citibank and Wells Fargo. Now, homeowners are opening letters from these companies and nearly fainting when they read the substance of the letter which describes complete mortgage loan forgiveness. Here's … [Read more...]

How to Make Money in Real Estate

Discovering how to make money in real estate can be a daunting experience. Real estate is a vast subject matter and millions of people earn a living (and some actually become fabulously wealthy) from real estate. After being a part of more than 1,000 real estate transactions over the past decade personally, along with coaching and training thousands of investors from all walks of life throughout the United States and Canada, I've heard, seen and done enough in real estate to simplify for you how … [Read more...]

Is Buying a Foreclosure a Good Idea?

Is buying a foreclosure a good idea? Maybe. Are you looking to buy a home to live in or are you an investor? If you're goal is to occupy the property as your primary residence, buying a foreclosure may be right for you. You can get more bang for your buck by purchasing a home that needs a little TLC. But if you are a real estate investor, buying a foreclosure may not be a good idea at all. Here are four important steps to follow when buying a foreclosure to live in as your home: Hire a … [Read more...]

Best Real Estate Investing Book Ever Written

Perhaps I am a bit bias when I claim that my new book, "How to be a Real Estate Investor," is the best real estate investing book ever written. This is the book I wish I would have read (I wish it would have been written) when I first got started investing in real estate. It provides a complete picture of how to become a successful real estate investor in today's market and covers all aspects of investing, from the more traditional techniques all the way to the most advanced creative strategies. … [Read more...]

The 3 Best Real Estate Investing Strategies for 2012

What are the 3 best real estate investing strategies for 2012? After carefully analyzing market reports, studying recent trends and looking at where we are making the most money in the business right now, three real estate investing strategies emerged as the most accessible and the most profitable for the new year. By focusing your efforts on these three strategies, you can make 2012 your best year in real estate ever! That's right, even in this down market, there is tremendous opportunity … [Read more...]

Is New Gov’t Foreclosure Plan a Good Deal?

Federal Reserve Chairman, Ben Bernanke, cited a plan to pilot a program early this year which would convert government-owned foreclosure properties into rentals. Foreclosures now owned by Fannie Mae, Freddie Mac and HUD would be sold to investors in bulk. Is this new government foreclosure plan a good deal?After recently acquiring $450 million in vacant foreclosed homes with a plan to rent them out, John Brady, Oaktree Capital Management's head of global real estate, said, "We believe that this … [Read more...]

Are Short Sales on the Rise?

The latest statistics suggest that short sales are on the rise and foreclosures are on the decline. According to research from Moody's Investors Service, in August 2009, short sales accounted for 8% of bank distressed property sales. As of mid 2011, short sales have jumped to more than 25%. Meanwhile, the time it took for a borrower to go to foreclosure grew from an average 14 months in early 2009 to 24 months in mid 2011. Why are short sales on the rise and foreclosures on the … [Read more...]

Is HAFA a Failure?

Is the Treasury Department's Home Affordable Foreclosure Alternatives (HAFA) program a complete failure? It was introduced to help borrowers who couldn't qualify for the Home Affordable Modification Program (HEMP) complete a short sale (as well as expedite the process...which is an oxymoron in and of itself; the government helping private enterprise be more efficient, ha!). Now, after 15 months, the $4.1 Billion program has disbursed $9.5 million and accounted for only 8,541 short sales. To … [Read more...]

What’s Going to Happen to Real Estate?

What's going to happen to real estate? Friends, family, acquaintances, it seems everyone wants me to tell them what's next. And considering the position I am in, watching transactions occur on a daily basis all across the country, closing more deals than any other real estate education organization in America, it would seem that I have a terrific vantage point in which to understand what to expect from real estate better than most. If you asked me today, "what's going to happen to real … [Read more...]

Real Estate Investors Must Master This Skill

Real Estate Investors must master a number of skills in order to be successful.  While riding my bike on the beach with my daughter yesterday, I thought of a simple, easy and powerful way for all real estate investors to sharpen one particular skill that must be mastered if they ever want to have lasting success.   Once mastered, this skill could be the key real estate investors have been longing for to unlock vast amounts of wealth from real estate.  And that skill is...(drum roll) "How to … [Read more...]