Question How is it that some people perform badly but their clients continue to invest with them?

Answer Unbelievably, in the stock market, during turbulent times when things weren’t going well, even when investors were taking losses, the brokers would continue to get investment instructions from their clients, largely because they learn to be good communicators. If they called the client and they told them what was going on, the client would retain their confidence and continue moving forward. The issue of dealing with hardship is always one of communication. Be a good communicator, be honest, and people will respect the good effort that you make on their behalf. (more…)

If you haven’t given yourself a New Year’s resolution yet, here’s one for you… get in early and take advantage of the new property cycle.

Buy the right property, in the right location and most importantly, for the right price and you could do very well in the long term.

Here’s three great reasons why I will be investing in property again this year:

1. Supply and demand

Take a look around where you live right now and notice how many houses are for sale and how quickly you see the “SOLD” sticker slapped on them. Pretty quick huh? That’s because demand is outstripping supply. (more…)

We would all like to have a bit more money at times and we would all probably like to have a beautiful house in the Mediterranean but most of us can’t. If your pay check does stretch a bit further than others then you might want to consider luxury property investment.

There are a number of properties that are available in some of the most picturesque and beautiful locations around Europe. These properties will never lose money and as the world continues to evolve into this billion dollar economy, the value of these houses will only increase, which is why there are a number of companies that offer luxury property investment plans. (more…)

Many are encouraged to get into real estate investing today. Real estate investing has proved to be very promising despite the shaky economy that we have today. Through the years, many have become millionaires and billionaires – men and women, experienced and beginners, young and old alike. Given this, more and more individuals would like to give the industry a try. One of the biggest concerns when planning to invest in real estate is your financial capital. Some people take their capital from their personal savings. Others borrow from banks and other traditional lending institutions. But what if you suffer from a poor credit standing and getting approved of a bank loan remains highly impossible? Does that mean you can no longer give real estate investing a try? This is where hard money lending comes in.

Borrowing from hard money direct lenders has its own advantages. The biggest advantage of which is that hard money lending does not require a proof of your monthly income neither does it take a look at your credit score. Hard money loans are collateral based and so as long as your property offers good investment potential, you have a good chance of getting your loan granted. Nevertheless, hard money lending also comes with a few disadvantages. Some of which include the following: (more…)

In a previous article, we outlined the initial steps that you should follow in order to successfully invest in property. Below, we will outline the final range of things that you should do in order to ensure that all of the most important things are taken care of. That way, you can minimise your chances of running into trouble – and maximise your chances for making a really good income.

Make An Offer – Once you’ve set your sights on a reasonable looking property, make your initial offer. Assuming that it is accepted, the property will be withdrawn from the market; this will give you the time that you’ll need to double-check various things, and to make sure that everything about the property is as you expected it to be. (more…)

What?!

Hypocrisy!

It might sound that way since I often talk about how important it is to property target and then market to private money investors when raising capital for real estate investments. No, I haven’t gone off my rocker (at least not yet).

So, what do I mean ‘everybody is your investor?’

It means that each person you come into contact with in your business falls into one of three categories:

Potential investor- if you’re targeting and marketing yourself the right way, you should come across people more and more that fit the profile of ready, willing and able to place funds with you. (more…)

Bulk REO investing new comers will definitely run into some challenges. Having the knowledge of how the BULK REO business works will keep you from being blacklisted within the industry as a time waster.

One of the biggest mistakes that new people into the Bulk REO investing niche make is that they do not have a credible website to do marketing with. Credibility is key in this arena. If you don’t have your own targeted website, you will not be able to attract the audience you would like to attract. (more…)

The current economy in the US has generated more foreclosed property than any other time in history. Real Estate Investors however, are known for turning lemons into lemonade. Investors are finding huge profits in dealing with these distressed assets direct from the banks. This new opportunity is called Bulk REO investments.

Bulk REOs investing is when a bank will put together a package of distressed or foreclosured assets together in a “package” and sell them off in BULK. This allows them to get these distressed assets off their books quicker and clean their books. The bank will take a bigger discount to sell the package so the can get back to their main business of lending. Selling their “asset pool” in this manner, actually work out better for both the bank and the investor. There is a huge opportunity for making unlimited profit if you know how! (more…)

Real Estate Investors need real buyers to succeed. No one needs to waste time taking part in a daisy chain. Daisy Chains in usually refer to a group of “want to be ” investors who actually don’t have any relationship with a seller at all. They usually have heard of someone who knows someone with a bulk reo tape. These people will usually say they are “one away” from the buyers representative.

In fact, they are now just part of a daisy chain themselves. They are hoping to get part of the action. They then in turn offer anyone who knows anyone with money a part of the fee if they bring them a buyer.

The also tend to inflate the prices as they try to secure themselves profit. People who are new to the business often fall victim to a daisy chain. Investors who do not do their homework getting their own list of assets from banks and instead try to broker other investors deals are going to fail. It will payoff greatly to those real estate investors who are interested in earning the huge profits to do their “homework” and make the calls to banks themselves to find their own tape of distressed assets.

In order to avoid Daisy Chains and get caught in something less than legitimate, stay away from anything that sounds too good to be true.

For example internet advertisements found on Craigslist which claim to have a bulk REO package of 5 Trillion Dollars. This is just plain false. Package prices which are readily posted online are usually bogus.

Also be aware that real estate agents who say that they have bulk REO product available for so-and-so price are usually not legitimate either. The broker himself probably is part of a daisy chain. Most real estate agents would not have knowledge of banks distressed assets being packaged in bulk.

The thing is, there is a protocol that needs to be followed in the Bulk REO business. This needs to be adhered to at all costs. If you have no idea what the rules are regarding investing in REO, you will just be wasting your time. As much as possible, it is recommended that you find your own source of distress assets. This is easy if you know how. It literally pays you to get to know the correct people in the banks yourself before you begin..

Bulk REO assets are mainly handled by someone called the asset manager or someone who deals with “loan sales”. These people in the bank will usually deliver between one to one hundred million of property at fifty to eight percent lower than the real value in an asset pool.

Bulk REO pools are pretty elusive because they are usually bought by investors before anyone outside the network is able to see the list. Investors need to be able to buy property very quickly. This is due to the fierce competition involved in transactions like this.

If you don’t know how the process works, you will probably not be able to get your foot in the door. The first step is for the investor to become identified as soon as possible through an LOI which is another name for Letter of Intent. The seller needs to know exactly who is interested and who they are going to be dealing with. In addition, there is a new internal bank rule where a certain protocol needs to be undergone in order to get a look at the REO property list. I highly recommend that you get some basic education before diving into bulk reo investing unknowingly.

Duncan Wierman is a founding member of Bank REO Property Deals. He has written a complete guide to the BULK REO industry to assist investors to be more proficient and to produce quality product. You can find out more about this concise guide at http://www.BulkREOPropertyInvesting.com.

Many people think that closing a one billion dollar bulk REO transaction is an everyday occurrence. People fail to think about the real implications of this. Do you honestly think that your regional bank has that many distressed assets? Have you stopped to consider the amount of property this entails?

Many new people to real estate investing are also are under the wrong impression that using words like ‘billions’ will get you more clients. Packages of Bulk REO deals over 100 Million are not common. The majority of bulk reo packages range from as little as one hundred thousand dollars (100K) to ten(10M)million dollars. These packages contain from 5 to 200 pieces of property. This means that many more people can take advantage of buying and selling bulk reo assets. Lets take a look at how. (more…)