reos

Many Different Types of Real Estate Investing Strategies

While the rest of the economy is in shambles, and record numbers of foreclosures make headlines, real estate investors are earning thousands of dollars by buying and selling homes. It seems that real estate investors know a thing or two about systems, strategies, and styles of investing that the average homeowner does not. If you are a budding real estate investor and you’re looking to invest in homes but don’t know how, here are some of the basic strategies that investors are using.

SHORT SALE: Doing a short sale is when you purchase a home because the bank is willing to sell it for less than what is owed on it. This happens a lot because banks know that they cannot collect their entire lost amount if they have to bring a house all the way through the foreclosure process. So you can buy a home for less than what is owed, and re-sell it someone else for a profit. For more info on short sales go to: Www.investingwiththestars.net/ben/htm. Ben Pargman, Attorney has a great system to learn short sales! For more information on short sales go to: www.investingwiththestars.net/ben.htm

REO: REO stands for “real estate owned” and this is when the bank has taken ownership of the property. When you buy the property, you are not buying it from the homeowner but rather from the bank. Many times, the banks will often let homes go because it costs them thousands of dollars to re-list and sell homes and they don’t want the non-revenue-generating real estate on their books.

SUBJECT TO: Subject-to investing is as simpple as buying a home “subject to” the existing financing. You get the deed to the home but the original owner keeps the mortgage in their name. You take over payments of the mortgage and ultimately sell the deed to someone else. For more information on Subject-to investing go to: www.investingwiththestars.net/banks.htm. Mike Watson has a program to get you started in subject-to investing!

Nancy Geils

Teacher/Financial Coach

reos

Number One Reason For Failure in Real Estate Investing

I talk to real estate investors all the time. Some are seasoned pros. Many are “wannabe” real estate investors who are just trying to get their feet wet. I can tell you from experience that there is one and only thing that separates the seasoned pros from the wannabe real estate investors. This one thing will surprise you because it’s not what you think.

It’s not a secret technique. It’s not a special recipe. It’s not a secret phone number. It’s not a list of private money names. It’s something else:

ACTION!

Successful real estate investors take action. They blaze ahead. They plow through. They move forward. They do something. Then they do it again. And again. And again. The wannabe real estate investors who are not successful – and who will never be successful (I’m sorry to say) are those who are waiting for something; perhaps they are still trying to get their paperwork in order or they are trying to figure out their brand or they are waiting for their business cards to be designed and printed. These are excuses! And believe me, I’m not the only one who says this! I am backed up by experience and by a chorus of other real estate investing experts who believe the same thing.

If you want to be successful as a real estate investor, go work on a deal right now. Don’t just do a bit and then stop. Start working and don’t stop until you have the deal. That’s it. That’s the secret. If you don’t have your paperwork in pristine order, that’s okay. It will come. When you need it, you’ll suddenly discover that you can do it quickly. (And, I’m also willing to wager that you’ll be surprised to discover you don’t need as much as you think you do).

So stop reading this article. And go take action right this instant! Go For It! The market is perfect for investing NOW!

For more information go to www.investingwiththestars.net/season3. Sign up for our FREE Webinar Series with Top Real Estate Experts sharing all their money making secrets!

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