How to Sell Your Real Estate Note

Author: Natalie Aranda
Source: articleage.com

Real estate investment is one of best options for many investors
to create wealth while enjoying numerous tax benefits. A real
estate investment decision involves much more than choosing a
right location to buy your dream properties. Besides where to
buy, there’re questions of what and when to invest in real
estate.

When

Like economy and stock market, real estate often runs in cycles
of approximately 7-10 years. The value of real estate often goes
up for a few years, tops out, keeps flat or goes down for 2-3
years. The availability of low interest rate mortgage and
recovery of economy will eventually jump-start a new cycle of
real estate growth. Novice investors tend to invest at the top
of the market while wishing the market will go even higher to
reap a quick profit. Smart money, however, buys real estate at,
or near, the bottom of the market when most of investors are
reluctantly and don’t have the financial power to buy.

Beside the life cycle of real estate market, individual property
has its own life cycle. Properties can be purchased at pre
construction, as new home inventory or as owned properties.

What

Single family home has traditionally been the preferred option
of real estate investment for many individuals. Instead of
selling their first residential home and moving to a bigger
house, some home owners choose to keep their first home and rent
it out by using a property management company. The new trend in
real estate investment is to own hotel condos or vacation homes.
There’re many advantages of owning hotel condos or vacation
homes.

Where

Once your investment options are not limited to residential
properties, the location of property isn’t limited to the place
where you live. Hotel condos and vacation are, of course, often
located at well-known resorts, from Vail Colorado to Miami,
Florida.

Real estate investment is a complex decision making process.
Most investors will seek help from real estate professionals.
Nowadays, with the vast amount of information freely available
on the Internet, search engines are where people start doing
their own homework. For instance, typing “Miami Pre Construction” in Google, Yahoo or MSN search
engine, you’ll see a list of pages where you can locate the
information about buying Miami real estate
at pre construction price at Miami, Florida.

Copyright @2005, 4th Media Corporation

You have permission to publish this article electronically free
of charge, as long as the bylines and links in the body of the
article and the bylines are included.

Author: Akiba Miniefee
Source: articlezap.com

This is the beginning of a new era for real estate investing and consulting. I am very excited about the future of this business and want to share my knowledge. This article will tell you a little bit about my background as a real estate investor, and will provide information about how my company, Acquired Asset Solutions, Inc., can help you to prosper.

I came to this business in late 2003 after my longtime friend Dr. J.L. Hutchinson Jr. contacted me to tell me about his success in real estate investment. He was interested in sharing his knowledge with me and in telling me all about his business, Tricomm Worldwide. I agreed to visit his office to see how Tricomm worked, and after a couple of hours of him showing me real estate deal after real estate deal, I realized I was in the wrong business.

At the time, I worked in legal investigation. I had been in the field for the past nine years. The work was very time-consuming, and I was looking for a change. When Mr. Hutchinson explained how real estate investing can provide passive income, I was very intrigued! After mulling over the pros and cons of switching careers for a while, I finally made the decision and called Mr. Hutchinson to tell him that I wanted to learn more. He initially offered me an entry-level position in the Research and Development (R & D) department finding real estate opportunities.

This was a huge step for me, since I had no background in real estate. But to my surprise, I picked this new career up fairly quickly. In my first week at Tricomm, I was trained in spotting great real estate deals. I was also taught how to find real estate bargains and creative ways to find motivated sellers and learned the basics of calculating appreciation, cap rates and returns on investments.

I did my first three real estate transactions for $1 a property, securing three single-family homes in Cleveland, Ohio from a seller tired of getting violations from the city for high grass. When I saw photos of the properties, I was surprised by their good condition and saw the potential for either flipping or holding the properties. I ended up flipping the properties fairly quickly.

In this first deal, I also dealt with a bird dog (a type of beginner investor). This meant there were two beginners on my first transaction, but with Dr. Hutchinson’s help, we were successful. After six months, I was promoted to R&D coordinator and began developing deals found by the researchers in my department. I specialized in securing seller-financed opportunities.

In 2005, I was promoted to Real Estate consultant and became partner and vice president of the firm. After directly coaching more than fifty full-time real estate investors and participating in over 3,000 transactions, I left the company in 2007 to begin a new firm. This new company, Secured REO Services (SRS) was dedicated to Property Preservation and Asset Protection for default servicing companies and banks.

After much success and some failure with SRS, I decided to return to Real Estate Investment and began consulting real estate investors full time. This started with acquiring REO’s for SRS and developed into my consultancy and intermediary company, Acquired Asset Solutions, Inc.

At its core, Acquired helps investors around the country by offering consulting for both new and seasoned real estate investors wanting to create or expand their portfolios. The most direct way we do this is through our own Research and Development department, which specializes in finding real estate opportunities that most investors cannot find on their own.Our consulting services are another vital aid to investors. We have trained and experienced Real Estate Investment Consultants, or REIC’s, that guide and support investors through each deal and offer in-person and online training to their clients.

Many investors in the consulting program are looking to become full-time real estate investors and build their real estate holdings by creating real estate investment companies. We have six and twelve-month programs dedicated to helping investors achieve their goals.
For real estate investors with larger amounts of liquid assets, we have many real estate opportunities available that are below wholesale prices. Many investors also seek our assistance in acting as a seller’s intermediary—putting them in direct contact with traders and asset managers at banks divesting of REO packages. We have developed relationships with many banks—at last count, we were working with fifty compilers!

One of the first things that I advise new investors to do is to research the business to find out about such things as: the best markets, where to get hard money, real estate lending, and the real estate networks available on the worldwide web. New investors should also research companies like ours that can assist in researching and securing properties.

For the first time in years, investors have a chance to acquire long-term holds or short-term flips and make a lot of money doing so. In 2008, we were able to acquire eight properties with $6,000. Now for the same amount of money, I can secure properties at 18-20 cents on the dollar in the Midwest. Here in California, desirable properties are available at between 60-70 cents on the dollar—an outstanding bargain! We can facilitate these transactions for those seeking bulk REO packages.

Some companies claim to facilitate bulk REO packages by promoting unrealistic numbers such as 40-50 cents on the dollar—a figure that is pure fantasy! While it is possible that in the future, these prices may be real, today these companies are just wasting people’s time chasing bulk REO tapes that do not exist.

It is possible get involved at any level in the real estate business. We are very excited about where we are headed as an investment company and the opportunities out there for all real estate investors.

For those of us fortunate enough to be in this business or even those of us buying for the first time, prosperity is a realistic goal. I wrote this article not only to tell people about our company, but to wake up those people sleeping through this historic time and to push investors that are hanging on to their cash while hoping the market will collapse further. If you are short on cash, you can still buy…maybe not a bulk REO tape, but certainly a wholesale deal. These properties will require repair, but can be fixed up with a little money, flipped or kept as a long-term hold.

Please listen to our radio show, REI Reality check, to get facts and insight regarding this business. You will learn a lot from this realistic and simplified way of buying—you do not want to miss this show! Check it out at www.acqas.com/ATMblog. Also, visit our website for consulting services or real estate deals at: www.acqas.com.

Akiba Miniefee is a San Diego based real Estate Investment Consultant. Read Akiba Miniefee Profile

Author: Mike Lautensackbr
Source: ezinearticles.combr
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In the current market situation where recession has affected everyone (some more than others), the real estate market is no exception. Whenever someone hears the word recession they automatically associate it with bad news. That is not always the case as sometimes due to a recession there are some great opportunities made available especially in the real estate market. Following are some of the ways by which you can easily finance the buying of your house.

The Fixer Upgrade

This is when you cannot afford the dream house that you want and you settle for less and use it as a stepping stone to get the dream house you always wanted. For example say that the house that you want to buy costs $300,000 and you dont have the required money right now so what do you do? You buy a house that is slightly run down and pay a down payment of lets say like $8000 on it. Then you can rent it out and the rental income you earn can be used for repairing the house and then once the repair work is complete, you can sell it for a healthy profit, and you are one step closer to buying the dream house you always wanted. Be advised this is not for impatient people, to save the money you may have to do some of the repairs yourself, also keep a sharp eye on repairs because if the repairs eat up the profits then it wouldnt turn out to be a profitable venture.

The Friendly Option

Another option is to buy a property with a friend, relative or someone who you can trust and then share the title of the property and the mortgage with your friend or relative (this is also known as joint tenancy). This would ensure lower costs for you and you can even earn some income, for example you can rent out a room of your apartment or your house to cover costs. Be advised though this form of ownership differs legally from state to state and in some states the partner in the property can sell the house easily without even informing the other partner (therefore trust is very important).

Living With the Family

Although this may sound nerdish but this is actually a pretty viable option. Lets say that you have some debt to pay off and in the current marketplace with increasing living costs and the volatile economy you just cannot pay the credit card bills you owe (as all your money is spent on maintaining your lifestyle) and they have accumulated to more then $30,000 now what to do?. The answer is simple move in with your parents, explain to them the situation you are in and they may be able to offer you a place to stay and in this way you can save your rent and use it to pay off that credit card bills and even save enough money to put in a down payment on that apartment you always wanted!

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pI invite you to learn more about Real Estate Investing and become a member of our FREE weekly tele-seminar class where we teach tips and strategy on how to grow your real estate investing business and how to raise Private Money by going to a target=_new href=http://www.realestatewealthtoday.com/TuesdayTipsSignUp.html rel=nofollowhttp://www.realestatewealthtoday.com/TuesdayTipsSignUp.html/a./ppMike Lautensack is a full-time real estate entrepreneur, coach and mentor in Philadelphia, PA and creator of the Private Lending Presentation Kit. This powerful done-for-you kit is loaded with tools and techniques to attract and develop a consistent stream of private investors into your real estate business. To learn more about this kit and receive your FREE eBook go to a target=_new href=http://www.learnrealestateinvestingblog.com/ rel=nofollowReal Estate Investing Blog/a./pbr
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Author: Dr.Phil Speerbr
Source: articleage.combr
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Real estate investing usually begins with the purchase of a house, rather than raw land or commercial property. The purchase of a relatively inexpensive house for rental or fix-up purpose is usually lower risk than any other type of real estate investment. And the return on investment can be quicker than from any other type of real estate investment.
Even with the previous acquisition of one or more personal residences spread over past years, the thought of buying a house as a real estate investment can be intimidating. Even though a personal residence acquisition is usually identical with a real estate investing acquisition, the two are seldom envisioned as similar. True, the ramifications of real estate investing property is different. Investing in houses must involve different considerations, such as improvements, usage, and re-sale. But the actual purchase does not differ from the closing procedures for a personal residence.
The first house in a real estate investing career can be scary because it is the beginning of a new business venture. The would-be real estate investor usually recognizes that mistaken judgment can have disastrous consequences. The lack of experience prompts misgivings about the unknown. Genuine confidence is necessary to make the decision to follow through after the preliminary analysis is completed. In fact, it seems to me that real confidence – in contrast to egotistical bravado – is a personality ingredient prerequisite to entry into a real estate investing career.
I was admittedly fearful as I bought my first investment house 25 years ago. I had little valid instruction in making that first purchase. But I was driven by an intense drive to actualize a career I had envisioned for some time. I was like so many would-be investors I have encountered during the intervening years. They keep walking around the pool, dipping their toe into the icy waters, afraid to suck up and take that mighty leap out into the pools cold water. But after I bought that first investment house, I bought another and another. Each acquisition got easier and easier. I bought $1 million in properties the first year, and another $1 million in properties the second year. By that time, I knew I was on the way to success. Acting on my fears led to faith in my abilities. And faith and fear cannot remain in the same mind at the same time.
The greatest challenge in my real estate investing career was the purchase of my first house. It might be your greatest challenge, too. But know-how can displace the intimidation, and lead to positive satisfaction in real estate investing.
Phil Speer, Ph.D., started his real estate investing career without the availability of credit or cash. Using only a $10 bill, he purchased $1 million in properties in his first year, and had accumulated $10 million in properties by his fourth year. His net worth was $2 million in only his third year of investing. He was featured in a Wall St.Journal editorial as most successful investor in the Nothing Down Real Estate Movement, and was honored with a Caribbean cruise as top investor of the year. In his hometown of Nashville, Tennessee, he has been a businessman and Human Resources Consultant for 30 years. He is an author, speaker and seminar director. To learn how to profit in real estate investing, even without cash or credit, read his report at
http://www.CashinHouses.com/. Subscription is free to his Fix-up Ezine – http://www.AAREIT.com/.br
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Author: Alen Caullerbr
Source: ezinearticles.combr
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Whether you are considering buying or selling a property, you will need an expert real estate agent to guide you through the process. The agent is a professional who is specialized in this field of business with in-depth knowledge about the laws and procedures pertaining to these types of transactions. If you work with the right agent, you will definitely be able to find the best deal in a very short time, that too, without much hassle. However, there are a couple of things that you must keep in mind while you are looking out for the best agent. Following is a brief rundown on the same.

You Need Realtors – Not Just Agents
You are strongly recommended to focus your search on finding Realtors, not just agents. Always remember, every Realtor is a real estate agent but every agent need not be a Realtor. Even if an agent is licensed, they will be considered as a Realtor only if they are member of the National Association of REALTORS. The main objective of this Association is to promote higher levels of ethics in the real estate industry. This way, by choosing a Realtor, you can be sure that you have chosen the right agent who will genuinely help you find the best deal.

Interview The Agents
Do not hire the first agent that you come across. No matter how impressive they look like, it is always wise to shortlist a few agents and then interview each of them thoroughly. Compare their qualifications and experience and then choose the one that you think is the most suitable for your case. For example, if you are dealing with a commercial property, you will definitely want to hire a real estate agent specialized in commercial field. While you are interviewing them, you should ask the agents to show their credentials. You may also like to ask them to provide some references for their past work.

Are You Comfortable With The Agent
Whether you feel comfortable with the agent or not is very important. Is the agent friendly with you? Are they straightforward in all their answers or are they trying to hide some information, hesitating to disclose some information? You are going to work with the real estate agent on a big project that involves huge amount of money and plenty of confidential information. So, you must recognize your comfort zone and act accordingly. Never hire an agent that you are not comfortable communicating with.

Once you have chosen a real estate agent, you must show loyalty to them. Try to learn from their experiences and knowledge. But yes, you must have your eyes and ears open. You must have a clear understanding of what the agent is doing and what is going on with the deal you are involved in.

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pFor home buyers and sellers, there can be several benefits of hiring a a target=_new href=http://www.financeenquiry.com/Page-Real-Estate-Agent_202.html rel=nofollowreal estate agent/a to oversee the paperwork and transactions involved in the sale and purchase of property. The a target=_new href=http://www.financeenquiry.com rel=nofollowFinance Enquiry/a blog includes relevant information concerning the domain of real estate./pbr
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Author: Peter Doblerbr
Source: articleage.combr
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Unlike traditional residential real estate mortgages, real estate investment financing is way more creative and offers more options than you think. The golden rule in real estate investment is OPM (Other Peoples Money).
I have enough money; shouldnt I buy my real estate investment for cash? No, I absolutely advice against investing large sums of cash into a single real estate investment. There are two reasons why not. First, you give away most of your profits by not leveraging your real estate investment. Second, it is far too risky to put every egg into one basket.
Let me explain the leverage issue for a moment. I will give you an example of a $100,000 investment property that typically increases its value (appreciates) by 7% average a year. Maybe more, maybe less depending where you live. Paying all cash for this property will yield in a 7% appreciation profit plus the net profit from renting the place. Now youre looking at roughly 15% of returns.
If youre conservative with your investments you might be satisfied with this kind of a return. These days you might get equal or better returns with other conservative investments minus the hassle of being a landlord. But you dont mind being a landlord, because you understand and utilize the leveraging method with financing your real estate investment.
With the example above you will make roughly $15,000 a year in profits from your investment. Now lets take a closer look at what leveraging can do for you. Today a typical real estate investor can get financing as high as 95% – 97% of the purchase price. Occasionally 100% financing is available as well. But this would be totally unfair in this example to compare this with all cash purchasing.
15% return sounds like a lot, but wait till you see this. Lets assume that the rental income will cover all your expenses including the mortgage payments. Taking the same example from before your net return would be the 7% appreciation profits of your property. This would translate into a $7,000 a year profit. With a 95% financing in place you would get $7,000 return on $5,000 (your 5% down payment) invested. This is a whopping 140% return on investment.
With the same $100,000 you can go out there and get 20 investment properties, finance 95% of it and make an amazing $140,000 profit a year. This beats the projected $15,000 profits with an all cash transaction any day.
Of course you will have a lot of trouble to get financing for 20 properties in a single year. Typically 5-6 new rental property mortgages are the maximum lenders will allow these days. This is the signal to get creative with your financing structures.
In this case sellers financing would be your key to achieve your goal of maximum leverage of your investment dollars. Despite the message from all these late night infomercials, seller financing is harder to get than they want you to make believe it is.
It all depends on the sellers ability to offer seller financing and the sellers motivation. Only about 1 out of 20 properties for sale are able to get seller financing. That means that theres no mortgage balance on the property. From this narrow selection the seller must be motivated to sell under these conditions. This could be tax reasons, time constraints, personal reasons and many more.
As you can see this translates into a lot of work to achieve your goals. But let me tell you one thing. This separates the tire kicker real estate investors from the real go-getters. Wouldnt you agree that a little bit of hard work and determination is well worth it to build a real estate empire?
I think it is well worth the trouble and hard work. At the end of the day you keep building your real estate investment portfolio and sooner than later you will be able to cash in.
Sincerely,

Peter Dobler
(c) 2005
Peter Dobler is a 20+ year veteran in the IT business. He is an active Real Estate Investor and a successful Internet business owner.
Learn more about real estate investments at http://www.doblerproperties.com or send a blank email to mailto:suncoastrenttoown@getresponse.combr
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Author: Boris Tomsonbr
Source: articlesbase.combr
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Real Estate Investment – Why it is Big Business? When examining the different asset classes, real estate is generally far less volatile than shares and real estate tends to be the haven that investors flock to when other asset classes are suffering.Visit Here http://gov-debt-grantbenefit.blogspot.com It is true to say that investment properties can have many benefits in terms of building long-term wealth, but we must never forget that this wealth is not guaranteed! Following the global real estate boom of the late 1980’s many investors learnt this hard lesson when they found their properties were worth far less than they had actually paid for them and the bottom seemingly fell out of the over-inflated market. The bottom did not truly fall out of the market however as all real estate retained value; the real estate market simply experienced an overdue rebalance and has gone on to build from this point of stability. Since the booming 80’s ‘sensible’ investments in real estate have still offered major attractions and advantages, and it is back to real estate that investors have turned in recent years. With real estate prices in some countries soaring, and first time buyers struggling to get onto the first rung of the real estate ladder, many people are looking further a field for investment property opportunities. A recent report in the UK highlighted a 130% rise in the value of farmland since the 1990’s for example †fuelled entirely by a new breed of non-farming buyers. With bricks and mortar real estate prices in the UK now so exorbitant, these non-farming buyers are looking for alternatives for their money. They may be unable to afford real-estate investments and unwilling to risk their cash on the ever volatile stock market and so they are buying up fields and pastures to get in on the real estate investment game! Others interested in property investment have been examining the real estate markets around the globe for value for money, return on investment, potential for growth and development, rental market opportunities and basic stability. With current research showing that up to one in eight Britons intend to purchase an overseas real estate within the next five years you can see that overseas real estate investment is very big business. Relatively newly discovered property markets are opening up or expanding in countries such as North Cyprus, South Africa and Bulgaria for example †where potential buyers are afforded incredible value for money when it comes to real estate. The real estate market in countries such as these has been artificially restricted through the threat of war or political instability, and now with their recent history showing that they are stable countries with strong economies and populated and governed by those with a first world perspective, property investors are finding markets rich in diversity and potential. Dubai is another country offering interesting real estate investment opportunities. Since May 2002 when the crown prince of Dubai, Sheikh Mohammed bin Rashid Al Maktoom issued a decree allowing foreigners the right to buy freehold real estate there, the real estate market has exploded! Properties available in Dubai range from modest one bedroom flats to freehold exclusive islands! And property there still offers very good value for money †furthermore the tax and business advantages in Dubai are very appealing and so real estate investment in Dubai is enjoying a buoyant upward trend. And then there are the ‘old’ favourites †France, Florida and Spain for example are all countries with a long history of investment real estate appeal – especially for Britons and Northern European residents looking to escape the weather and invest in a home in the sun. Whether you are looking to secure a home for holidays, your retirement or you are looking for a long term investment opportunity these countries still offer the investor potential for real estate growth. When it comes to considering real estate as an investment vehicle it is a tried and tested method used for attempting to secure long term gains †but as with any investment, gains, returns and security of investment are not guaranteed. Whether real estate investment is right for you and matches your circumstances and attitude to risk is something that you need to consider.Visit Here http://gov-debt-grantbenefit.blogspot.combr
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pHi,I am Boris.If you are looking for ways to make money and you want advice on the best work from home programs you have come to the right place. I was a researcher for Make Money Magazine for 11 years, during that time I covered every make money programs in the book. Five years ago when the “How To Make Money” market changed for the better because of the internet advances I decided to use the knowledge I gained from working for Make Money Magazine to quit this job and start up my own successful home business.I am now earning close to $20,000 every month from( a rel=nofollow,nofollow href=http://googleadsenseguide-ebook.blogspot.comGoogle Income Plan/a
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Boris Tomsona rel=nofollow,nofollow href=http://makingmoney-info.blogspot.comMake Easy Money programs Today!/a/pbr
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Author: Jeff Adambr
Source: ezinearticles.combr
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Many investors are moving from stock market to owning rental real estate. Buying rental property is a good way to build wealth. Once you have decided to buy rental property, your real work begins. Finding a profitable rental property usually takes plenty of time and research work.

Some people buy and sell investment property within the short period for profit. Some buy and let to achieve a rental income and accumulate equity, for long term. Decide how long you would like to keep the rental property before owning it. The longer you keep the property, the more you have to invest in maintenance, repairs and improvements. If youre thinking of buying a rental property for a shorter time horizon, you may lose value of the property if youre buying in an overheated market. For small investors, long term ownership is better.

Careful consideration must be given to location. Decide whether you want to invest in your local area or invest in a hot location which may provide more attractive investment options. Property price must also be considered, with widely varying properties available at all levels of investment. A lender can advise you on how much you can borrow to invest in property, along with any further costs or fees involved. A solicitor can advise you on legal costs, disbursements and stamp duty cost if applicable.

There are several ways of finding real estate properties. Some ways are print media, networking, directory assistance and internet. Just browse through print materials like books on real estate business, real estate magazines and newspaper listings under investment properties. By using these materials you can find top companies that provide real estate services. After gathering the prospective companies, list at least three to consider. After finding three best companies, compare their available services and rates to get the best option. Also check their honesty, efficiency and track record. Try to pick a firm that can guide you in expanding the profit making possibilities for your real estate investment.

Take help of family and friends in finding a good service provider. You can get reliable referrals from people whom you trust. Remember to still do cross checking with the referred companies. You can actually ask some of their clients for the kind of services they deliver. That way, you can get real testimonies.

You can ask for directory assistance and ask the operator for the contacts of companies doing real estate investment services. With this method also you have to do your homework on background checking your short listed companies. Last but not the least there are several websites that you might want to check out to get a glimpse of these companies services.

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pJeff Adam is an author for a target=_new href=http://www.realestatewebprofits.com/ rel=nofollowReal estate Investment/a. For information visit our site a target=_new href=http://www.realestatewebprofits.com/ rel=nofollowreal estate investor websites/a. Contact him at a href=mailto:jeffadamsarticle@gmail.com rel=nofollowjeffadamsarticle@gmail.com/a/pbr
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Author: Darin Garmanbr
Source: ezinearticles.combr
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I know, sound strange doesnt it? Overpaying… You have to be mad to overpay for a property…

Or do you??

One of the people I recommend all apartment and commercial real estate investors read about is George Ross, Donald Trumps attorney that micro-manages most of Trumps deals. Before he started working for trump he represented some extremely wealthy people in the purchase of commercial property in New York.

A story he has is that one day a broker comes to his office with an apartment listing for about $865,000. Ross takes the information and passes it on to one of his clients. His client looks at it and says, Lets offer him a million for it! Ross, is of course confused. Why offer a million when it is being offered for $865,000? His client goes on to tell him that:

1) He has been trying to buy that property for 15 years.

2) It is a steal, even at $1,000,000.

Ross client was indeed prepared to overpay for the property but in reality he wasnt. He got a great deal at that price.

As a matter of fact when they took over he got a loan for $1,400,000 on it.

So, do you go out and overpay for everything? No. BUT, make sure you listen to your gut and not just base your decisions on averages and market share and median price. Become informed and then make the decision to overpay, if YOU still think it makes sense.

Now, a couple of points that are very important.

One, in order to overpay for a property or pay the asking price you need to know something about that property. In other words the investor who bought the above property KNEW that it was worth more than what he was paying. When you KNOW that a property has hidden value you should be aggressive and ready to pursue it….

So, despite this sounding very easy to do, its not because you really have to know what you are doing…

Now to availability. It is needle in a haystack. In other words if these kinds of properties were available to everyone everyday, well, you know the rest. They are not. Its all about seeing what is under the surface…

Many will think this is total baloney, but let me take it one step further.

Lets say you buy the apple tree to use for one year that produces $1.00 apples. On average, lets say it produces 50 apples. At $1 per apple that would be $50.00 you can profit. Would you then pay as much as $50.00 for the tree and make zero profit??

No?

Wait… What if you knew a special recipe that made a special kind of apple tree fertilizer. By using this fertilizer on the tree you know that the tree would produce 100+ apples instead of 50. Now would you pay the $50???

Same goes with real estate. It is simply knowing that you can do certain things to the asset (property) that can make it more valuable OR knowing something about it that can make it more valuable. Everything goes back to the highest and best use and seeing a twist in a property that others do not see.

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pAPARTMENT COMMERCIAL INVESTORS ONLY: FREE NO MONEY DOWN REPORT TELESEMINAR How to Buy Apartments and Commercial Real Estate With No Or Low Money Down. Darin Garman Shows You How Based On $411 Million in Experience. Click Below And Get This Free, No-Obligation Report Emailed To Your Inbox Today. a target=_new href=http://www.MyPlatinumClub.com/wealthy-investors rel=nofollowhttp://www.MyPlatinumClub.com/wealthy-investors/a/pbr
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Author: Chris Anderson, PhDbr
Source: articleage.combr
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But teacher, the computer gremlins ate my homework!!!!! Unfortunately, that is what happened to my well crafted article for last week, right before I left to teach classes at the Learning Annex in New York.
The good news is that after being in NYC, I can now give a really strong example about todays topic which covers what to do once you have found ( or created) a great real estate investment group. What MOST people do from human is exactly opposite of what it takes to be a part of a real estate investment group that yields outstanding investments time after time.
It is human nature to believe that if you have something good, you dont share it with others for fear of not having enough to go around. Psychologists call this a SCARCITY model were people believe that there is only a finite supply of anything worthwhile. Coming from a very conservative background, where I grew up the son of a college professor, I was cursed with this scarcity belief.
As I started to gain more and more success, the more I realized that many successful people believed exactly the opposite of me: that is, they believed that by working together and sharing, you could produce an INFINITE supply of whatever was wanted. This is what experts refer to as an ABUNDANCE model.
So how does that apply to us? Let me give you the example from the Learning Annex. During our last night, we had a person in attendance that has been with our group for some time and has participated in multiple projects. This person is a full time real estate investor, is very savvy in her choices, and its a big believer in the power of real estate investment groups.
Afterwards, we got talking about how she might be interested in purchasing multiple units in our N. Tampa project and probably would also know others that were interested. To her credit, she did not want to hog too many units for either herself or others outside of the GetPreconstructionDeals.com real estate investment group.
In my opinion, this person could SUBSTANTIALLY INCREASE the ability of others in our real estate investment group by telling others now. Yes, we may run out on this project but now lets look complete the chain of events:
1. Some people cannot get into the project because it is sold out;
2. Because it is sold out, several developers take notice and want to offer special incentives to the real estate investment group;
3. Another good project is offered and because of more people are around, a substantial number of properties are consumed, some of them by people who could not get in last time.
4. In turn, this continued activity attracts even better opportunities by developers
5. Because the opportunities are continuing to flow, more and more people are attracted to the real estate investment group;
6. The process simply continues providing an ABUNDANCE of opportunities for all.
Now, suppose you do the opposite and individuals decide that it is a bad idea to grow the real estate investment group. Now what happens?
1. First project, everybody gets to participate and is very happy;
2. Developers notice what occurred and want to work with the real estate investment group;
3. Next project is offered but VERY FEW people participate because they are personally tapped out since many in the group only want about 1 investment per year;
4. The real estate investment group now has difficulties getting good projects in the future since developers dont know if it will work.
Lets do a real life, current day example. Right now, we are in discussions with a mid-size developer for getting access to about 40 units of a project that we think will truly be awesome. But what this developer NEEDS our real estate investment group to do is take 40 units VERY QUICKLY to greatly assist in their financing program.
For our real estate investment group, if we can solve the developers problem and get good investments for ourselves, they have another 160 units coming several months behind this project; i.e., increasing opportunity for EVERYONE. It is our personal stance that by feeding the below cycle, EVERYBODY in the real estate investment group wins over the long term.
For this reason, regardless of if you have your own real estate investment group or if you are a GetPreconstructionDeals.com member, we hope you will keep growing your group by telling people what you do and how they can participate.
This is the last in our series about real estate investment groups and how to get the most out of them. In March, we start our next series talking about the a number of real estate investments and how we see them fare in 2006 and beyond.
Copyright 2006 Chris Anderson
Dr. Chris Anderson is the founder of http://www.GetPreconstructionDeals.com and is referenced in many venues including the New York Times and USA Today. Get his weekly, thought provoking articles by signing up today!br
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