Pennsylvania Short Sale Solution

I’m psyched!!!

We’ve rebranded our site to offer even more services. And guess what. You can create your own account and use it…all for FREE!

Not just my Swinging Short Sale Station Goup. But you all are invited!!!!

The Pennsylvania Short Sale Solution ™ Program is for brand new and seasoned Real Estate Agents and Investors alike. The Pennsylvania Short Sale Solution ™ is a Training Program, Online Short Sale Management Tool, Loan Modification Tool and support based program that will educate you, allow you to acquire more deals, close more transactions and make more money.

The Pennsylvania Short Sale Solution ™ will increase your short sale and loan modification acceptance rate by 75% and cut your negotiating time in half. Go there now and open a FREE account.

And feel free to invite your members to post on our new site, open a free account, and make use of our services. http://pennsylvaniashortsale.myproptrackr.com

http://www.virtualdealfactory.com/blog.php?route=view&blog_id=451

The Last Lecture

If you haven't had a chance to pick up Randy Pausch's The Last Lecture, do yourself a favor and do so. His story and successes in life are amazing, but his perspective even more so. It's full of many of Randy's thoughts on life and business that will really make you think. Here are a few of my favorite quotes that I like to keep in the back of my head, and ones that you can apply to life and business….



“Have something to bring to the table, because that will make you more welcome.”

“It’s pretty easy to be smart when you’re parroting smart people.”

“I probably got more from that dream and not accomplishing it than I got from any of the ones that I did accomplish.”

“You’ve got to get the fundamentals down because otherwise the fancy stuff isn’t going to work.”

“When you see yourself doing something badly and nobody’s bothering to tell you anymore, that’s a very bad place to be. Your critics are your ones telling you they still love you and care.”

“Experience is what you get when you didn’t get what you wanted.”

“The brick walls are not there to keep us out. The brick walls are there to give us a chance to show how badly we want something. Because the brick walls are there to stop the people who don’t want it badly enough.”

http://www.virtualdealfactory.com/blog.php?route=view&blog_id=450

4 Tips from the Real Estate Trenches

In the beginning of my real estate career, I bought 2 properties in one year. My first property was a duplex followed by the second property that was a 4plex. I would like to share with you how they were completely opposite of each other as far as deals go, even though I got a great price for both of them. You see, my first deal was the duplex and it was fairly easy to purchase, no real rehab needed, the property came with tenants in place and immediate cash flow. My next purchase was a 4plex that was gutted and needed quite a bit of work. Yet, I used the same mentality with both purchases and made a few mistakes along the way. Here are my tips for you so you can avoid this kind of a situation altogether.

Tip #1 is there are no 2 deals that are the same. There is always something that will be different. In this case the difference was like night and day or like comparing apples to oranges. As you can see from the above, the duplex was a turn key property already producing income. My 4plex needed a major rehab and time to even get it to the point of where my duplex was. You can see right away, these 2 properties were not on the same level and should not have been thought of as similar.

Since I was new to the real estate world, I did not think I needed a contractor to take a look at the 4plex and see what really needed to be done. I literally bought "as is" with no due diligence on my part what so ever. So, this would be Tip #2, always do your due diligence no matter what. I made a huge mistake by not doing my due diligence and it cost me a lot of money and also time. If you have a set amount of money that you are dealing with like I did, you will want to make sure you look into the property and do your proper research.

Tip #3 has to do with staying paralyzed in fear and getting nothing done. When I ran out of money, I stopped everything and the building sat. I had one apartment rented out but desperately needed to re-finance because I did this deal originally all cash. So, I needed to refinance because that was a way to get the cash I needed to finish the job. Actually my mentor snapped me out of my paralysis by telling me to get going, refinance and get it moving. That is exactly what I needed to hear and actually everything fell into place, once I got it going.

Tip #4 is not to get caught up in hiring cheap labor. This cost me so much down time than if I would of hired a regular contractor. I went through several groups of people saying they were handymen. It was also something that tied up a lot more time than needed to be. In the end, I hired a general contractor and got it done within a few months time. Huge difference. I was trying to save money and in the long run, I believe I did just the opposite. It certainly delayed the income from coming in.

I hope these tips will help you in your future investments in real estate. I was trying to take action and make it happen. At least I got it going, but there are easier ways. Take these lessons that I learned and implement by taking the proper action.

http://www.virtualdealfactory.com/blog.php?route=view&blog_id=449

my patners are looking to buy houses and can close quickly,Any condition any are

my patners are looking to buy houses and can close quickly,Any condition any area,looking for people who need to sell just provide the info below and of course the owner's name,e-mail,phone number,property type and where it's located
Beds:


Baths:


Square Footage:

Occupancy:

Year Built:

Asking Price:

Estimated Value:

Loan Balance:


Photos:


http://www.virtualdealfactory.com/blog.php?route=view&blog_id=447

OpsBoss

Hi everyone, As I walk around the VDF site I observe how cool this concept is! One thing I think I can offer to the membership is my expertise in all things Ops. However you are performing your business now, one key to success is continuous improvement.

I have spent most of my professional career learning how to improve processes and increase efficiency. Even a one man enterprise can use some tweaking to increase the ROI for the owner. This is a proven approach with an intrinsic value often overlooked by even "enlightened" leadership.

If you are not realizing your goals with your efforts, there is almost certainly a way to improve your results by taking a systems approach to your business model. This can be done on any concept, business or otherwise (even your personal life), and can be done on simple single components, or complex multi-faceted organizations.

The bottom line is if you are happy with your place in business, congratulations! But if you're looking for ways to increase your revenues, output or ROI, look me up, I can help you take a look at the 'big picture' and get on track!

Onward and Upward VDF!!!

Dennis

http://www.virtualdealfactory.com/blog.php?route=view&blog_id=446

Fun Friday, here I come!

Happy Friday my favorite VDF'ers! Hope this blog finds you warm, happy and excited about the weekend ahead!

I'm pretty excited about mine! My family and good friends are coming over and we are going to cook out- nothing like cookin' out in 90 degree weather with a clear crisp beach to jump in if ya get too hot, ay?

And of course, we are going to cook HOMEMADE FISH TACOS since Damian, Mark & Chris got us all craving them with thier last Daily Video, ya? (Don't worry D- I'll tryyy not to make mine better than yours, but I can make no pormises ;)

I will be sure to post up some pics from my exciting weekend of family, friends, and fish tacos at the end of the weekend so be sure to check them out!!

What's everyone else doing?!? Let us know via blog- always cool to know what our virtual pals are up to. And heck, why not take some pictures so we can all see what we missed while we were chillin' w/ our peeps??

OH- DONT FORGET TO STAY TUNED IN ALL WEEKEND FOR IMPORTANT UPDATES REGARDING 4/20/2010. WANNA SEE WHO OUR POTENTIAL NEXT COO OF VDF IS?!? KEEP WATCHING AND DONT MISS IT!!

-Vinny Deal Fini

http://www.virtualdealfactory.com/blog.php?route=view&blog_id=445

NEW PICTURE

Hello VDF,

Kenneth Stoner here, pleased to meet ya! Just wanted to let you know that I posted up a new picture in my first album.

Check it out if ya have a chance!

Happy Friday!

http://www.virtualdealfactory.com/blog.php?route=view&blog_id=444