nice WATERFRONT property in the gateway to Cape Cod Ma check it out freehomehelpvideosofma.com
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=374
Monday, October 4, 2010
waterfront beauty
(Re)Considering Rehabbing:
(Re)Considering Rehabbing:
by Bob Kmosko
Whether it’s new to you or you‘ve done it before, seller-financed rehabbing in today’s market is a smart way to expand your business
Whether or not you’ve ever been involved in a rehab, now’s the perfect time to cash in on the benefits. In an economy where work is slow and competition fierce, rehabbing provides the potential to build your business today and implement a long-term vision for the future. Here are some very good reasons to consider it:
1. Relies Less On New Customers: If work is slow, no need to fret about estimates and quotes to get that next job. You’ll already have a project to work on at your own pace. And if you have employees, why pay them to sit around? Send them to work at your project house.
2. Turns Downtime Into Potential Profits: You’ve worked on jobs that have improved your customer’s kitchens, bathrooms, etc. And , yes, these jobs have provided you with a good paycheck. But all of those improvements have added value to your customers’ properties, all due to your hard labor. Why not work to earn that equity for yourself?
3. Takes Advantage Of the Current Buyers’ Market and Flexible Financing: Again, in today’s real estate market, we all need to be flexible to turn a profit. That includes sellers. If they’re motivated, they’ll be willing to work out financing terms you can handle.
4. Increases Options with Multiple Exit Strategies: A rehab gives you a number of ways to dispense with a property. You can do a straight out sale, a lease option, or a rental. In any case, if you find one at the right price, you can potentially pay it off quickly, own it free and clear, and get a fast lump sum, or continue to receive monthly payments.
We all know that dealing with the banks today and conventional financing is an iffy proposition. Why not try a rehab and be ready for a sale just in time for the market’s recovery? TK Homes is looking for projects that can be mutually beneficial. If you think you have one, give us a call or drop us an e-mail.
Bob Kmosko
TKHomes 828-461-4813, realpro2010@gmail.com
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=353
How To Obtain 100K in Business Funding in 45 Days No Personal Guarantee
1. Incorporate your business. In order to take advantage of corporate credit opportunities, you need to establish your business as a corporation.Free Credit Repair Consultation! Fix Credit Score. (Fast & Legal).
CleanCredit.LexingtonLaw.com
* Business owners have several choices when it comes to structuring a business, so you may want to talk with a lawyer on which corporate structure works best for your business.
* File for a Tax ID Number (EIN).
o To establish your personal credit, companies rely on your social security number. By using an EIN number, you can use it in place of your social security number, which helps you begin to build corporate credit.
2.
2
Build your corporate credit on your own by finding vendors to work with.
* Many vendors offer Net-30 terms or other payment terms for established clients. Once you open an account with a vendor, you may be able to get credit by providing the vendor with a list of references from people or business associates who can recommend you as credit worthy.
3.
3
Establish banking and credit card accounts for your business.
* By separating your business and personal banking accounts, you begin to build a business relationship with your banking institutions. This can help you once you decide you want to apply for funding through your corporation.
* Most credit card companies offer business accounts. As you build corporate credit, your credit limit should increase and your interest rate should decrease.
4.
4
Work with a company to establish your business credit.
* There are many companies that specialize in helping businesses build corporate credit. These companies will often accept information from trade references in order to extend you credit without personal guarantees. In addition to this, credit building companies understand all the ins and outs of establishing business credit, and they can help you ensure you have all the items necessary to start your business portfolio.
* Most credit building companies partner with lending businesses that are willing to help you establish your business credit.
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=354
Memphis Investment Hot Spot!
Memphis is one of the most undervalued markets throughout all of the country. Knowing that over 45% of the population rents, the city has become an attractive destination for investors seeking stable appreciation with positive cash flow. With the tremendous tax advantages associated with real estate, the opportunity Memphis has to offer is second to none. The main difference between the Memphis real estate market and other cities across the country is that here in Memphis you can buy a property in the $50,000 range that will rent for $1,000 per month and appraise for $90,000. Not only does this mean positive cash flow, but it also shows the tremendous opportunity the Memphis real estate investing market has to offer.
The following are from the Urban Land Institute’s presentation of Emerging Trends for Real Estate in 2009 here in Memphis, which pointed out several facts Memphis Invest has known about the residential investment market in Memphis and real estate investors for several years.
* Memphis continues on a steady growth cycle in both job creation, new development and property value. The metropolitan area does not take wild rises or dips in these areas – just fairly steady growth and slight dips.
* Memphis is home to some of the country´s great corporations including, Federal Express, Autozone, Medtronic and International Paper. It´s central location also makes Memphis a great business hub for many small to medium sized companies. It´s easy access to rail lines, ports and world class airport make it the distribution capital of the country which means a continued supply of quality jobs.
* Memphis ranks as one of the top “affordable” cities to live in in the country with the suburb of Bartlett, TN. recently being ranked as one of the top 100 suburbs in America. The cost of housing ranks among the most affordable in the nation and well below national average.
* Vacancy rates continue to stay below the national average, while the percentage of Memphians renting their dwelling continues to eclipse the national average by almost 90%. With over 45% of the cities population renting, the opportunity to keep an investment property occupied with a quality tenant remains high.
* Top 10 of 50 best major metro areas for starting or growing a business – Inc Magazine
* #16 of “America’s Top 50 Hottest Cities” – Expansion Management Magazine
* Top Ten Hottest US Markets for Mortgage Lenders – Mortgage Bankers Association
* Top Ten Cities to Invest in Real Estate – Business 2.0
* One of Five Great Places to Retire – AARP
* #1 on Home affordable housing for retires – CNN Money Magazine
* 2nd Most Undervalued Market in the Nation with 20% of houses selling for less than their fair market value and Houses in Memphis selling for 28% less than the national – Richard Dekaser, National City Corp.
* 17th Largest City in United States
* 1.2 million residents in Metro Area
* 680,000 Residents in Memphis
* Home to busiest cargo airport in the world
* FedEx Global World Hub – 30,000 employees
* 3rd largest railroad center in U.S.
* More trucking companies based here than anywhere in the Nation
* One of only 4 major cities the new I-69 Interstate (Canada to Mexico) will pass through
* Major shipping port for barge traffic
* Continued Expansion of Memphis as a Major Medical HUB for U.S.
o St. Jude Children’s Research Center,
o UT Medical SchoolLeBohneur Children’s Hospital,
o Methodist University Hospital,
o Memphis Biotech Research Park – Currently under construction
o MedTech Headquarters & Research facility
* Overall cost of living is 10% below the national average
* No state income tax
* 45% of the population rents compared to the national average – of 28%
* 5 Year appreciation 18.76%
* No major swings in pricing Up or Down
* 9th most foreclosures with 1 in 49 homes foreclosing – Realty Trac
Memphis continues to be a hotbed for real estate investing. Many out-of-state investors are finding Memphis a very attractive alternative to investment real estate in their home states.
If you would like more information on investments in Memphis, TN register at http://acfhomebuyers.com
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=358
IN CASE YOU MISSED IT, MEMPHIS!
In case you missed it, Memphis has been named not only as one of the most affordable markets for home purchases today, but it has also been mentioned as one of the only markets expected to see positive appreciation in 2010. Now, the appreciation is expected only reach 1.5%, but hey….anything positive right now is better than the alternative!
Memphis is highly undervalued real estate market right now as far as property values are concerned – 21% under value in fact! Those are only a couple of the factors that are making Memphis, TN. a highly attractive real estate investment alternative. Take a look at some other facts and figures that are playing into the market set-up today.
1. Memphis’ Median Home Value fell to $99,965. VERY AFFORDABLE!
2. Memphis is 21% undervalue entering 2010.
3. The over-all consensus is that Memphis will continue to see opportunity for investors as home prices remain below value. A second wave of foreclosures will keep the supply side high and pricing for investors well below value in 2010.
4. Over 48% of the SFH in Memphis are rental properties. Unlike other similar markets, Memphis is a stabilized rental city where a majority of the single-family residences are non-owner occupied rental units. There are more renters than owners in the city of Memphis and not enough properties of higher quality.
5. Mortgage rates are expected to climb to an average above 6.25% by year end which remains HISTORICALLY low even after the climb!
6. With the Memphis job market predicted to see growth in the supply, defense, medical, staffing and distribution fields, demand for Memphis rental housing should continue to be strong.
7. Analysts believe job market will stabilize with unemployment around 6%-8% for Memphis.
In my opinion, 2010 will be another fantastic year for investors who choose toinvest in Memphis real estate market. There are so many unique circumstances which combine to make Memphis a “gold mine” city for investors. I believe that it will take years (3-5) best guess for the Memphis real estate market to turn around. This is actually a very positive step for investors looking to buyMemphis investment property.
There will be several more years of depressed pricing and an ever increasing demand for quality housing to be provided. When the housing crisis begins to abate, we should see Memphis property values return to normal levels very quickly and investors who purchased today at 80% of current value, will suddenly find themselves with 40%-50% equity. As the economy turns around, not only will values go up, but so will rent rates as supply declines and demand remains. All of this leads to a bright future for any investor who is purchasing properties for investment in Memphis today.
REGISTER AT www.acfhomebuyer.com to get advance notice of deals before they hit our buyers list.
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=359
MEMPHIS INVESTMENT DEALS!
I HAVE PROPERTIES IN MEMPHIS, TN available. We can have them turn-key with rehab complete, property management and tenants in place or just wholesale to you. Let me know what you are looking for we have many properties available.
Victoria O'Hare http://acfhomebuyers.com 530-693-2017
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=360
investor
heres a property i have for sell needs tlc about 15to 20 k work property is in 1755 oakmead dr concord ca 94520 asking 210k worth 294k
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=361
Untitled
Are there any investors in the coastal counties of Ms. interested in getting together and creating a local REIA that meets on a regular basis to network if so contact me swaltman@wildblue.net
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=363
Consumer Goods
Looking for the HOTTEST and UP to date Items on line.Let me know what you think http://maximumforce.fastdeals.us
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=365
St. Louis green
I'm going for green - St. Pat's Day, Spring, and MOO-LAH!! Speaking of that combo, the property I have is in the heart of Dogtown, where St. Pat's is celebrated with fervor and relish. This little dollhouse is close to Forest Park and Hampton Ave. and Shamus Bar and Grill. Properties are hot and sell fast in this ever popular neighborhood. Use it as a retail sale or a lease option. $8,000 and 2-3 weeks of rehab and it is market ready. Couldn't believe it myself. Spread is about $48,000. Call me -- 618-514-5178 or e-mail me
mamabsavesyou@gmail.com
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=346
cash flow properties in Memphis
I am working with a group that has several turn-key cash flowing properties available for investors. If interested send me a note.
Thanks
Keith Shaw
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=347
Indiannapolis Multi-Use Short Sale
This short sale is ready to be taken! Only $115K for for four apts and two offices!
Call me for details 404-550-5081
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=348
Hud law
How do you handle lease options with the new law that HUD is implementing? Do you change from "Lease Options" to "Contract for Deed"? Does anyone know how it will effect Lease Options? This would be a good subject to talk about especially with so many doing business this way. The poor folks who can't get loans but have the money to Lease Option, how fair is that?
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=350
Hot off the Press!
I just received another nationwide list of distressed, unlisted properties ready for sale.
Email me with request (location, discount, financing needs)!
Norellys
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=351
Credit and Credit Repair
Which part of a credit history are most important?Payment history, amount owed, length of credit history, new credit and types of credit used. The most important is your payment history followed by amount owed.Mistakes do happen during credit check.Here are the following.
>29% credit reports contain serious errors, false delinquencies, or accounts that did not belong to the consumer.
>41% of credit reports contain demographic information that was mispelled, outdated or incorrect.
>20% of credit reports were missing,major credit, loan,mortgage or other information to demonstrate the credit worthiness of the consumer.
26% of credit reports contain accounts that were closed by the consumer but incorrectly listed as open or closed by credit grantor.All together,70% of credit report contain errors or mistakes.
Check:PIRG=Public Information Research Group.Washington DC.also check website of Annual Credit Report.com for more informations.
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=352
Thanking the VDF Team & Fellow Networkers!
One of my favorite movies of all times has to be the movie called the "Field of Dreams". The major reason being for having a dominant movie theme of "if you build it, they will come". This theme materializes when a farmer follows his impressions (inspiration) and tears up several prime real estate acres for the planting/growing corn and then builds a baseball field in its place. Afterwards many former deceased all-stars started showing up wanting to play ball on the farmer's ball field.
Our own businesses are like having our very own "Fields of Dreams". But instead of ball players showing up, we have sellers, buyers, investors, and other valuable team players wanting to help us by playing ball on our own fields. And by doing so it gives us many winning seasons to come, starting with 2010!
I'm not very good at writing down my thoughts period. But after 4 days in being a part of the VDF 2.0 family, I say kudos to all those involved in its creation, activation and allowing me to obtain one of the greatest REI tools I'll ever come across. I would also like to thank those that are joining my network of entrepreneurs. I'm looking forward in establishing a successful and fruitful 2010 and beyond by serving and helping each other. Play Ball!
VDF, thank you for making it possible for our own "Field of Dreams" to come true!
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=335
Best Tax Free Strategies
Today we want to share with you how we want to help
you and give you the best tax-free strategies. We
have a new blog post waiting for you.
Please click on the link below or copy and paste into your web browser and check out our new video and blog post below.
http://budurl.com/SabaVideo
Its a short video and it only takes about 2 minutes of your time.
We invite you to take a look around on our blog while you are there!
Thanks and have a Great Day!!
Bill & Sue Avignone
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=336
A Story to Share
We have a short audio story that we would
like to share with you. We believe that it carries a
strong message that many of you can relate to.
Click on this link or copy and paste into your web browser to be taken directly to the story -
http://budurl.com/SabaStory
After you listen to the story, you can go ahead and
get back to us with your questions.
Thanks and have a Great Day!
Bill & Sue Avignone
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=337
Searching for Private Lenders....
Searching for Private Lender/Investors to join my "Investor Arsenal". Have many feasible real estate projects daily cross my desk. I operate as a Private Financial Loan Broker in all areas of the US. I originate many good real estate secured loan opportunities. These loan originations are usually low loan-to-value ratios and offer you a high rate of return with a very minimal risk. I screen all of my clients and require financial statements, tax returns, either appraisals on the property or tax statements showing true cash or assessed value of the property, and I always inspect or have a Licensed Inspector inspect each property and take several pictures. These loan requests are compiled and held in my home office and upon your request, I can send you an investment summary outlining the pertinent data about each loan. If you are interested in being part of my private network of Lender/Investors, please email me for a "Investor Suitability Questionnaire" . Ms. Bynum at BynumInvesting.Consulting@gmail.com Thanks
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=338
AMINO ACIDS
http://www.naturescorner.com/
ADVICE COLUMN
Clyde’s Corner
Q: What amino acids are the essential amino acids? - Layperson
A: You may see conflicting data on this, but to be labeled essential, means the amino acid must be gotten from the diet because the body lacks the enzymes to synthesize these amino acids. Eight are classified as core essential amino acids-Isoleucine, Leucine, Lysine, Methionine, Phenylalanine, Threonine, Tryptophan, and Valine. Seven are classified as conditionally or semiessential- Arginine (essential in infants in which production is not sufficient, but not in adults), Cysteine, Cystine, Glutamine, Histidine, Proline, and Tyrosine(derived from Phenylalanine and essential if not enough Phenylalanine is present for it to be synthesized), and nine nonessential (the body can synthesize these)-Alanine, Asparagine, Aspartic Acid, Carnitine, Glutamic Acid, Glycine, Ornithine, Serine, and Taurine. At one time it was thought that all the amino acids had to be taken in at one meal to synthesize protein, but it has been determined that several hours can pass before the remaining amino acids need to be taken in for protein synthesis to occur. None of the amino acids are stored and must be assimilated daily through the diet.
DISCLAIMER: The information in this column, is NOT intended to diagnose and/or treat any health related issues and is provided solely for informational purposes only. Consult the appropriate healthcare professional before making any changes to your healthcare regime. Even what may seem like simple changes in the diet for example, can interact with, and alter, the efficiency of medications and/or the body's response to the medications. Many herbs and supplements exert powerful medicinal effects. Neither the author, nor the website designers, assume any responsibility for the reader's use or misuse of this information.
© 2002 Nature's Corner
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=339
Lease Option - Rent to Own
Rent to Own or Lease with Option
(also called "RENT TO OWN" or "LEASE PURCHASE")
LEASE With OPTION is a financial arrangement that combines Residential Lease with an Option to Purchase Agreement.
You're leasing a house with an option to buy it at any time during the lease term for the price usually set upfront. Each month part of your rent goes towards the purchase known as RENT CREDIT (You're not throwing your hard earned money away anymore, you're building equity!).
The required down payment is usually 3 to 5%. This is known as Option Consideration.
Both the RENT CREDIT and the DOWN PAYMENT go towards the purchase price and secures your exclusive right to purchase the property during the period of your lease.
LEASE WITH OPTION Advantages
Lease with Option offers you 3 important benefits:
1. Small Amount of Up-Front Cash Required
The amount of Option Consideration (down payment) is around 3 - 5% vs. 10-30% down payment required in conventional purchase. There is no closing costs, which would normally run you around $2K to $4K. Instead, you can have that money working for you.
2. Profit From Appreciation & Equity Buildup (see example below)
By doing a Lease with Option you lock up the price of a home up front. During the term of the agreement the price of the home will not change, even if home values in the area increase.
If you just continue leasing where you are right now, you will likely discover that a year or two from today you will have to pay 10%-15% higher price for the same house you wanted to buy now. Why do that, when you have a Lease with Option alternative?
And not only do you profit from appreciation, you build equity through the rent credits that are given to you each and every month.
3. Time To Obtain the Best Financing
You buy yourself some time allowing you to work on whatever is stopping you from getting a loan today, your weak link. You must correct your credit, build up the down payment, or work up a consistent income from self-employment.
There is no pressure, no rush and you can search for the best financing available. Most lenders will consider Lease with Option as a partial ownership allowing you to "refinance" instead of treating it as a "new purchase" loan. That will save you some fees.
Let's look at a typical example of acquiring a home using the Lease with Option concept:
Sales Price: $ 100,000
Option Consideration: $ 5,000 (down payment)
Monthly Rent Payment: $ 1,000
Monthly Rent Credit: $ 250 (in this example 25% of your rent is credited)
After 12 months you will accumulate $ 3,000 (12 x 250) in rent credits. So your EQUITY will be $ 8,000 (rent credits + down payment) after only 12 months. You will only need to get a loan for $ 92,000 (sales price - equity), which wouldn't be a problem assuming you have paid the rent payments on time and other obligations were paid in timely fashion.
Let's compare this to a house that you buy through a bank. Let's for a moment assume that you have A++ credit and that a bank is willing to give you a loan with only 5% down. So to get in a house like the one in our example above, you would need $5,000 (5%) for a down payment, and you would need $2,500 (2.5%) for closing costs. With a loan at 7%, only about $78 would go towards principal, the rest would be interest, taxes and insurance. So in one year you would have 12 x $78 = $936 towards principal, and your equity would be $5,936 (5,000 + 936). So as you can see you can build more equity with Lease with Option plan ($8,000 vs. 5,936) during the first year and you don't need to spend money on closing costs.
Posted by Alrhody at 1:36 PM
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=343
Multi Family Plays
Multi Family Acquisition.
Are there any investors interested in multi family plays here? If so send me a email of interest.
Regards,
Kirk
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=344
Promise Yourself
to be so strong that nothing can disturb your peace of mind. To talk health, happiness, and prosperity to every person you meet. To make all your friends feel that there is something in them. To look at the sunny side of everything and make your optimism come true. To think only of the best, to work only for the best and expect only the best. To be just as enthusiastic about the success of others as you are about your own. To forget the mistakes of the past and press on to the greater achievements of the future. To wear a cheerful countenance at all times and give every living creature you meet a smile. To give so much time to the improvement of yourself that you have no time to criticize others. To be too large for worry, too noble for anger, too strong for fear and too happy to permit the presence of trouble.
Written by
Christian D. Larson
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=345
Checking Out New RE Tool
I am reviewing this new tool for Real Estate Tool, called Virtual Deal Factory.
It is much like Facebook, but for Real Estate Investors. Check it out!
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=326
Contest Prizes
4-20-2010 Prizes Will Be Given To The Winners See Below
Hello There my little VDF friends
Prizes you can win with the VDF community
There are many ways to win so let's go through them.
Let's start...
Most Points - Who Ever Accumulates the Most Points from now till 4-20-2010 will win
- 2 Tickets to the VDF Summer Bash
- 2 Tickets to Private Dinner with Creators of VDF
- Custome VDF Business Cards
- Airport Limo Pick up to the Summer Bash
- 1 Live Guest Show on VDF - gain massive exposure
Most Referrals - Who Ever Generates The Most Referrals To VDF From 3-3-2010 - 4-20-2010 Will Win:
- 2 Tickets to the VDF Summer Bash
- 2 Tickets to Private Dinner with the creators of VDF
- Biz cards
- A Family Vacation For 4 to a non Disclosed Location
Everyone Can Be a Winner If you Refer:
10 Referalls Get's you: VDF Key Chain
25 referrals gets you a Custom VDF Pillow - not any Pillow a VDF Pillow.
50 referrals gets a Ticket to the VDF Summer Bash
Most Friends- The Person Who Accumulates The Most Friends From 3-3-2010 - 4-20-2010 Will Win:
- 2 Tickets to the VDF summer Bash
- Custome VDF Cake - Like the ones from Cake Boss and Ace of Cakes
- Custome VDF Business Cards
Best Group- The Member Who Creates the Best Group will Get some Cool Prizes:
- 2 Tickets to the VDF Summer Slam
- Custom VDF Business Card
- Custom VDF T-Shirt - This is the shirt that will make you invensible.
- Members spotlight -
Most Deals Posted - Pretty Self Explainatory of Course Post (YOUR) Deals.
- 2 Tickets to the VDF Summer Bash
- Custom VDF shirt
- Custom VDF Business cards
- Deal Spot Light Show
Best Blog: Create the Best Blog that Shares Great Content.
- 2 Tickets to the VDF Summer Bash
- Brand New Acer NoteBook
- Custom VDF Business Cards
- Custom Vinny Deal Fini Boxers
Most Creative- The Person Who Ever Creates the Best of VDF ANYTHING: Can be Picture, Song, Video, Movie, Marketing Piece, Art Work, Hey You're the Creative One Here :)
- 2 Tickets to the VDF Summer Bash
- A Signed Custom VDF Helmet
- A Ticket to Sky Dive
Best Commercial- YOU Can Create The Next VDF Commercial That Will be Used For Promotions.
- 2 Tickets to the VDF Summer Base
- Signed Vinny Deal Fini
- Hot Air Balloon
* Rules You can only win 1 competition, however that doesn't mean you shouldn't try to win them all. All prizes can be changed at anytime either taking away or adding amazing gifts.
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=327
Untitled
It's been awhile since I've posted here- due to a number of reasons including my goal of finishing what I started about 30 years ago: a total resurrection of my humble apartment in NYC. Last year I finished the job by doing total makeovers of my bedrooms- from floor to ceiling! Not an easy job but it had to get done or I'd never be able to look myself in the mirror. LOL. Yeah, once I set my mind on something I don't get easily distracted. I'm excited about getting back to the investment world and making some deals happen! How about you?
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=328
First Time Home Buyer Tax Credit Extension
The first time home buyer tax credit extension is expected to greatly help the housing market. Not only are first time home buyers receiving a check for $8000 move-up buyers are receiving a check for $6500. If you have lived in your current residence for five years or more and you are “moving-up” into a new home you have the opportunity to qualify for a $6500 tax credit if you close before April 30th, 2010. This is expected to but a jolt in the housing market but we have yet to see it take effect in the data.
Earlier this week we learned that mortgage applications fell by 11.7% during the week ending November 6th, 2009. This data is from a period in which home owners were still waiting to see if the first time home buyer tax credit was going to be extended. There is little doubt that this is a strong reason we saw a drop in mortgage applications over this period of time. The new data is likely to show a slight increase and as the month moves forward hopefully we will see mortgage applications rise. With mortgage interest rates very close to all time lows now is a great time to lock in to a low mortgage rate on a first time house purchase or a move up purchase. Not only can you lock in to a mortgage rate well under 5% but you will also receive a tax credit. This is basically free money to put in your pocket so do not let this opportunity pass you by. Make sure to research which lender will work best for you but it should not be a problem finding a mortgage lender offering low mortgage interest rates.
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=329
Save Lives With Hands Free Texting
Hands Free Voice Activated Texting and Email with Virtual Operator
Income Opportunity
Have you looked at your business card lately? Chances are you have multiple phone numbers leading to multiple locations with multiple voice mail boxes and multiple email addresses. Some of us have multiple cell phones. We all waste time looking for phone numbers, leaving and receiving multiple voicemail and Email messages Phone tag has become the number one productivity killer of the communication age.
· The Solution is here! Introducing FDIVoice and Kylee your voice activated virtual operator.
· Now you can get a single FDIVoice number that is your for life.
Professionally answered.
· Your caller will be greeted by your voice activated virtual operator 24/7.
Find Me
· Kylee will place callers on hold while she transfers the call to one of several different numbers of your choosing. When Kylee calls you, she’ll let you know who’s calling while your caller is on hold listening to music or to more information about your business.
Verbal Call Acceptance
· Just tell Kylee to “connect the call” or “take a message”. You will always be available, but on your terms.
Unified Messaging
· Manage your email as well as voicemail messages. You can listen to your voicemail and email messages, return calls and even return emails without touching a single button on your phone or key on your keyboard all with FDIVoice natural voice commands.
· You can even copy, forward, or broadcast messages to anyone or any group of up to 2500 people with a single call to Kylee, just tell her what you want done!
· Kylee can even send a text message to your mobile phone and an email to your email box.
· Voice activated calling from any phone
· Import your address book.
· If you need a live assistant just say “Kylee live” to get a live personal assistant 24/7
More important info watch this video at www.FDIDVD.com/edennisd
or email me at edennisd@bmail.com Earl - 410-467-7873
STOP TEXTING WHILE DRIVING.
FDIVoice
www.FDIDVD.com/edennisd
www.FDIREP.com/edennisd
Hands Free Voice Activated Texting & Email
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=330
ATTN REALTORS
REALTORS: Please join our PALMS Program at http://www.SuncoastPropertiesHomes.com and get your time back! We do it all for you.
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=331
RE RESOURCE LINKS FOR YOU
RESOURCES
Research
Zillow.com
Trulia.com
realestate.yahoo.com
RealQuest.com
Realtor.org
VisionAppraisal.com
Eppraisal.com
MLSonline.com
Bank & Government REO's
firstpreston.com
lendersreo.com
homesteps.com
bankofamerica.com
chase.com
usbank.com
countrywide.com
onewestbank
mandtbank.com
homesales.gov
Technology/Tools/Supplies
patlive.com
IBuzzpro.com
signstapler.com
streamsend.com
Supercheapsigns.com
banditsigns.com
Realestatesupplysuperstore.com
Legal & Tax
1031.org
legalzoom.com
irs.gov
prepaidlegal.com
trexglobal.com
VA's & Outsourcing
elance.com
odesk.com
rentacoder.com
virtualassistants.com
Leads & Lead Sources
propertyleadsnow.com
foreclosuredata.com
Apartments & Commercial
hud.gov
loopnet.com
rentometer.com
huduser.org
narpm.org
completelandlord.com
Financing
rehabfunding.com
redbrickfinancial.com
hud.gov
brookviewfinancial.com
Inspectors & Appraisal
ashi.org
hometeaminspection.com
appraisalinstitute.org
Rehabbing
contractors.com
needcontractor.com
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=332
Simplify Your Life
I've been reading the book, "The Four Hour Work Week" by Timothy Ferris. What a life changing book! I highly recommend it to anyone who is trying to get out of having a J-O-B, automate, and start enjoying life while the business runs successfully without you! The book has a lot of very good, useful information from finding virtual assistants, on-line legal help, free websites, how to test market a product, and so much more. Check it out. It will change the way you look at what you do! I would love to hear from anyone who has read the book and how they have implemented the techniques in their life and the results.
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=316
FINDING THE COMBINATION...
Hello! My name is Mark Brodie and I live in beautiful snow covered Muskegon, Michigan along the Eastern shoreline of Lake Michigan. My company is “Rainbow Home Solutions” and we specialize in foreclosures, short sells, and wholesale properties.
Our #1 objective is to find the combination that unlocks your dreams!
I look forward to a meaningful business relationship with you whether you are a seller, buyer or another real estate solution provider. Just click on the applicable link below. And then I’ll see you on the other side!
Click one now:
SELLERS - http://www.Offerin12Hours.com/markbrodie
BUYERS - http://www.RentToOwnBuyer.com/markbrodie
INVESTORS - http://www.RealEstateInvestorDeals/markbrodie
Until my next blog may you, your family, and your business have a great week and a successful 2010!
P.S. - Today, my congratulations goes out to Damian, Vinny & Mark (VDF's 3 Musketeers) on rolling out the brand new VDF 2.0! You all "rock" and you're taking the REI profession to the top of the world!
Thanks for taking the concepts of "What Would Google Do?" and turn it into "What Would VDF Do?". From the prospective of a new learning REI student, my admiration and hat goes off to you! MB
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=317
Get Wholesale Deals Direct From Bank
Are foreclosed homes and bank owned homes the best way to find wholesale real estate?
Finding great real estate deals is the key to making money in the real estate industry. There are many courses that you can purchase on how to find great real estate deals. One of the more popular ways is to buy a bank foreclosure list property.
The main reason why many investors are working purchasing foreclosure properties is because these properties are distressed property owners that need a solution to prevent foreclosure. The story why these property owners cannot sell the property is because the loan may have been defaulted and one of 2 things must happen in order to sell the property.
1. One option is to catch up the loan and pay any late fees to reinstate the loan so that the mortgage company is happy
2. The second way is if the property owner cannot pay the loan and the amount of payments is too large for someone to catch up the loan, a sale can be done if the bank approves a short sale. This allows a new buyer to purchase the home for a lesser price even thought the loan amount was not realized by the bank.
The process of a short sale take a property that cannot be sold the traditional way and turned into an property that can be sold for much less. This actually creates value in the open real estate market because it allows for someone to purchase the home.
Real estate investors like to approach this type of transaction because short sales create wholesale opportunities. The ONLY real reason why real estate investors are seeking short sales is because there is a lot of money to be made. Some people look at this type of real estate investing as taking advantage of someone that is hurting and making money from their loss. But, helpful investors understand that there is a need for this service and create solutions and wholesale deals during the process.
Wholesaling generally refers to the process of buying a property for below market price, and then selling it to another investor, usually without fixing up the property - it's a procedure also sometimes described as "flipping properties"
Many people who sell properties at wholesale prices are what might be called "motivated sellers" - those who are desperately trying to sell for a compelling reason. These reasons can include foreclosure, relocation or personal or health issues.
The absolute easiest way to find wholesale deals is to by them directly from the bank! Bank owned homes offer the easiest and non-emotional approach to finding a wholesale deal. As you probably already know, emotions run high when people that own a home risk the chance of losing due to foreclosure.
Most people go to the open market to find these deals, but many are finding that the open market or any property listed in the Multiple Listing Services (MLS) causes yet another problem. This problem creates a frenzy of people that have cash to drive up the price of the home and make a once wholesale deal almost a retail deal which frustrates savvy investors to no end.
So how exactly can you buy from a bank and not drive up the price? That is only for a few insiders to know unfortunately. Many people on the inside of the banking industry or a good ole boy network really are the only ones that have this information and can take advantage of the opportunity. Sometimes partnering with a REO Realtor can allow for you to get information on upcoming properties, but then that could become an ethics issue by the regulating authorities. Most people find bank foreclosure lists to purchase to try and find deals.
Networking is important when it comes to locating and buying wholesale properties. If local realtors are aware that you are interested in potential wholesale deals, you will find it a lot easier to find properties. A good network of useful contacts is invaluable and one of the best things you can have in real estate. Make sure you always follow up with your contacts - rather than waiting for them to call you back.
And sometimes the simple approach is effective - many successful investors advise that you can do worse than simply drive around respectable neighborhoods and look for slightly run down houses that are for sale.
Many people who are trying to locate wholesale properties make the understandable mistake of concentrating on the cheapest properties in their area. In fact, a profit can be made from wholesaling more expensive homes as there are usually homeowners who are desperate to sell their more expensive home, too.
Getting access to wholesale properties can be done if you have the right network and have built the right relationships. In recent years, because of the mortgage meltdown, finding wholesale property deals has become more widespread and more desireable - and contrary to what some people believe, it is perfectly legal. And with the right knowledge, foresight and connections it can be a profitable venture.
Mark Coble is the owner of US Wholesale Proeprties.Org and specializes in delivering wholesale properties to real estate investors directly from the bank. You can get more iformation at his website at: http://uswholesaleproperties.org/availproperties.html
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=318
Distressed Commercial Bldg wanted
Waves of distressed Commercial properties is coming. I am looking for bird dogs for distressed commercial properties / developers / unfinished projects in major Metropolitan areas with future growth.
Serious players only please!
Funding from 1M-100M available for large bulk REO / notes / distressed comm properties.
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=320
Bird Dogs wanted!
Bird Dogs for DISTRESSED commercial properties / notes / developer / unfinished commercial project in Major Metropolitan areas with future growth.
Serious players only
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=321
Partners/Team members Wanted
Looking for partners/team members to do SFR sholesale deals together in GA (Atlanta, Decatur area preferred)
I'll do the marketing for buyers. You locate the distressed properties/sellers and physically inspect the properties if needed.
You will be my physical presence in GA. We split the profit.
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=322
Georgia Investor
A O Home Solutions, LLC
922 Hwy 81 E # 104
McDonough, GA 30252
Phone 770-480-0209
Fax 770-692-0333
What We Do. We buy, sell, rent, and lease residential and commercial property in Metro Atlanta. We can make you an offer today. We purchase Houses in any situation. New houses, used houses, pretty or ugly houses, we can buy it and move it. We can stop foreclosures, buy your fixer upper, close the deal within seven days, and help you find a new home if needed.
We make our living investing in real estate, Period! Our integrity and reputation are critical to our success! You pay no Commissions and you move as soon as you want to! We do this for a living, and we can be flexible to meet your needs.
We close all of our purchases through real estate attorneys and we’ll even pay closing costs in some situations.
We are professional, dependable, and most of all we are able to get it done!
Your housing headaches will be history! ****************Consider it Sold!*******************
Who We Are? We are the people who can buy your house today.
Regardless of the size, condition, or location of your house, you can sell it to us for a fair price on the date of your choice. We buy all types of real estate and we can quickly determine if your house fits our investment needs. If we don’t end up buying your house, we’ll be happy to share ideas or advice on what you might try next. You’ll still have all your other options available. You have nothing to lose by calling me first.
There’s no cost or any obligation!
Our Goal
Some people may take advantage of you just because they know you want or need to sell your house. We know that our business depends on referrals and testimonials from people who are happy with the way we do business. Our goal is to provide you with the fresh start everyone deserves. We will treat you with the utmost professionalism and respect. We strive to provide each homeowner with a solution personalized and tailored to their individual needs.
How We Do It. We look at over 100 houses a week. We understand the market in Georgia. We do not have to buy your house and you do not have to sell it to us. There is no pressure or stress. We just give you another option that has been working for years in Georgia.
Mark Neighbor
Owner A O Home Solutions, LLC.
Serving the Henry County and Metro Atlanta area in business since 2002
Member of Georgia Real Estate Investors Association, NAREIA, National Association of Independent landlords, Certified Probate Specialist, International Who’s Who of Professionals, Business Advisory Council Member, and ACBSP (Buying and Selling Professional)
A O Home Solutions
Testimonials
Its True. Good News Travels Fast.
Anyone can say that they will deliver what they promise, few people actually do.
Thank you for your help. We were able to get $60,000 more for our mom’s house than we thought with what you showed us. I am so thankful that we waited and took your free advice. Cindy in Ga
You guys work really quick. I can now give my brother’s kids and Wife some money they would have never seen. Your honest help and simple approach saved me a lot of hassle. Bless you. Herman in Ga on an estate in Ga
We can hardly believe the support you gave us from the date we signed the contract to sell A O H S our home and all the way through the closing. We received our entire asking price and quickly. We picked you because we had to be sure the people we picked could get the job done. You can through without a hitch. You kept in contact with us every step of the way and did just what you promised and even more. You actually came and helped us move to make the entire process easier on us. Thank you A O for all your help and support. John and Nancy Weeks
You saved my credit and me. I needed to sell my house but could not with a realtor and all the fees. You helped me and I got what I needed ---out of a big payment. Thank you for buying my house and saving me. And I found a home on www.goodhouses.org to move into. Kristina W.
In this market we couldn't sell the house. We were tired of renting it and fixing it up. You are such a blessing and did what you said quickly. Thanks for buying our house and getting us out of that payment. Dexter and Natasha G. and Family
Thank you for buying our house. We wanted a quick short sale and we got it. You even got the bank to write-off our debt!! It cost us nothing but saved us thousands and didn't ruin our credit. Thanks A O . Kevin Grimm and Family 8-28-08
We can’t believe it. You did just what you said. You took it and sold it in less time than anyone thought in this lousy market. We got what we needed. We were able to move to Tennessee and start our new jobs and life. Thank you. We highly recommend you guys.
John Vetters and Family 8-09
We have many more Satisfied Sellers – Will you be the next Satisfied Seller?
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=324
Thursday, August 26, 2010
GET IN NOW! WEBINAR IS ALMOST FULL!
Sims Logo
I know they are running out of registration room
fast for this private screening Monday night so
PLEASE register now.
I remember when Greg and Jeff launched SIMS 1.0 last year, it was the biggest and most incredible thing to ever hit our industry. And, I can't believe I'm saying this BUT SIMS 2.0 is even bigger and WAY better.
Register for the Private Screening: http://www.simsprofits.com/?1026747
The results people got last year have been mind-blowing. New investors who hadn't even done a deal yet are now doing multiple deals a month like clockwork. Seasoned investors used SIMS 1.0 to totally dominate their local markets and increased their businesses over 300%.
And the crazy part is THEY WERE USING the old system.
SIMS 2.0 is completely re-engineered from the ground up. Greg and Jeff have taken everything that worked incredibly well in SIMS 1.0 and combined it with the most advanced techniques they're using right now to create the...
World's Most Aggressive Lead Generation System Ever Developed
I've never seen anything like it. It just plain works. And that's the best part. So often I read about things that proclaim to be the "best thing since sliced bread" but end up being nothing more than at best a half a slice and slightly moldy. (I hear some people like moldy bread, go figure) BUT SIMS has created more success stories than any other system ever developed.
They've also added dozens of brand new features. Two of these new features are a "Mobile Marketing Platform" and an "Affiliate Marketing" module.
Register for the Private Screening: http://www.simsprofits.com/?1026747
Mobile marketing is the MOST effective way to actually reach people without messages going into spam or junk. And SMS messages actually get read near 100% of the time. Sort of like email 15 years ago. If you're not using it then you're not using the most powerful marketing tool over the next 3-5 years.
Affiliate Marketing. Now this is BIG. In this module they'll show you how to make money in real estate without ever buying or selling a house. You can make money from people on your list who will NEVER buy or sell a house from you. It's a HUGE untapped goldmine.
One last thing and THE MOST IMPORTANT thing for MANY is on Monday's call they're going to explain the SIMS Marketing Partnership Program (SMP). It's where a one-on-one MASTER LEVEL SIMS certified consultant will work with you personally for 90 to 120 days to implement every step of the SIMS 2.0 process.
THEY'LL DO IT FOR YOU!
Get the details here: http://www.simsprofits.com/?1026747
Talk Soon,
Jon
P.S. I think the most amazing thing to come across our industry in years is this new SMP program. To think you could basically hire the #1 marketing company in our industry to DO EVERYTHING FOR YOU is incredible.
http://www.simsprofits.com/?1026747
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=661&member=16828
Maybe You Can Relate?
Maybe you can relate?
I was thinking back on when I first started to invest in real estate the other day. I use to be so fearful about so many things and those fears paralyzed me for a long time. It kept me from moving forward.
One of my fears was (as silly as this sounds)…if I started to market my business, I would not be able to handle the response my marketing would bring back to me.
So I did not start right away and procrastinated for let’s just say way too long! I finally got tired of that and started to place ads and began to market my business tentatively. In the back of my head thinking, I better get ready for the avalanche of business I was going to get!
Well, guess what happened?
Nothing!!
At least not at first, then as things progressed – I started to market more - I started to get leads in my system! So, all my fears about not being able to handle the business coming to me were all in my head!
Now looking back on this I laugh, because marketing has become part of my day, every day. I don’t think twice about it.
Here is the thing; we need to get out of our own way to move forward. All those fears that we have in our head are just not true.
Marketing your business is an ongoing process and needs to be started and maintained for the life of your business. You have to start and it does not have to be perfect…But you do have to get it Going!!
Marketing is the blood that runs through our businesses to keep it alive. Stay consistent with this every day and you will be on your way to success.
Any questions please let me know by contacting me on VDF or writing me at rcellini@gmail.com
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=660&member=458
Funny Friday Quote:
“I always give 100% at work:
13% Monday
22% Tuesday
26% Wednesday
35% Thursday
4% Friday”
Just thought some of your could relate! ;)
Happy Friday!
Ps- Dont forget to watch today's Daily Video- it's a
good one!!
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=659&member=1
Looking for a true Cash Partner Fast!!
Hello Fellow Investors,
We have a wholesale property that will be converting from a 3BDR 1BTH w/a unfinished BSMT into a 5BDR 2BTH w/a Finished BSMT (laundry room, & Den), but the financing fell through so we are looking for a cash partner to partner up with us to help us close this deal by the 12th of this month, and also we have a retail buyer already lined up to close on the deal once it's fully rehabbed.
The comps for a 5BDR 2BTH in a 1/2 mi average ARV $160,000.00 to $180,000.00. We Need 67,000 to close on the deal and 37,000 for the rehab. Go to the link below to enter your info so we can give you more information on the deal.
http://tinyurl.com/y8l3hmv
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=658&member=1386
A Little Food 4 Thought
“Think like a man of action, and act like a man of thought.”
- Henri L. Bergson
“I am only one, but still I am one. I cannot do everything, but still I can do something. And because I cannot do everything I will not refuse to do the something that I can do.”
– Hellen Keller
“Half of the troubles of this life can be traced to saying yes too quickly and not saying no soon enough.”
- Josh Billings
“Even if you’re on the right track, you’ll get run over if you just sit there”
- Will Rogers
“You can never cross the ocean unless you have the courage to lose sight of the shore.”
- Christopher Columbus
“To a brave man, good and bad luck are like his left and right hand. He uses both.”
- St Catherine of Siena
“When one door of happiness closes, another opens, but often we took so long at the closed door that we do not see the one that has been opened up for us”
- Helen Keller
“We don’t see the things the way they are. We see things the way WE are.”
- Talmund
“Every problem has in it the seeds of its own solution. If you don’t have any problems, you don’t get any seeds.”
- Norman Vincent Peale
“If you change the way you look at things, the things you look at change.”
- Dr Wayne Dyer
“The problem is not that there are problems. The problem is expecting otherwise and thinking that having problems is a problem.”
- Theodore Rubin
“Opportunity is missed by most people because it is dressed in overalls and looks like work.”
- Thomas A Edison
“Blessed are those who can give without remembering and take without forgetting”
- Elizabeth Bibesco
“Yesterday is history, tomorrow is a mystery. And today? Today is a gift. That’s why we call it the present.”
- B. Olatunji
“When you get to the end of the rope, tie a knot and hang on.”
- Franklin D Roosevelt
“Your attitude, not your aptitude, determines your altitude.”
- Zig Ziglar
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=657&member=1