Here is your Free March 09 Real Estate Article of The Month. This month I will share with you the 6 steps I use with my mentoring students to get unbelievable bargains in a down real estate market.
If you find this article helpful don’t forget to pass it on to a friend or real estate investing colleague or have them visit http://www.JGage for more educational articles and tips…
6 Steps I use to help my coaching students get some of the best bargains on investment properties - even in a down market !
Study The Market Cycle: Homes in general may take longer to sell these days because of pricing, perceived seller value and a more cautious pool of buyers. But that doesn’t mean sellers are any less motivated to move on with their lives. At one time, we thought little of homes sitting on the market for 90 days or more. These days, we seek buying opportunities if a home has been on the market over 60 days-- and are seeing some heavy price discounting from our buyers if days on market goes over 90 days.
Check Tax Records and other Sources: Is there more debt on the home than what it is worth? Has a Notice of Default been filed that would indicate a looming foreclosure? If so, and if this is a home of interest for our buyer, we submit an offer contingent upon the successful negotiation of a short sale (where the lender sells the property for less than what is owed). In this case, either we or professional negotiators deal with the lender(s) to reach the best possible price for our buyer.
Did Owners Pay Cash or Have They Owned Their Home for Longer than 10 Years? These sellers may be in a position to sell at a discount or may be motivated to do so due to life transitions or other investment opportunities. They may also be open to owner-financing for all or part of the home mortgage. Become knowledgeable about installment sales and other creative financing strategies.
Are You Open to Rehab? Homes sold in as-is condition, typically REO (Real Estate Owned) properties, are more likely than others to sell at a substantial discount. Even owners, especially when the home has been on the market for some time, are often overwhelmed with the thought of remodeling and updating–and fearful that their decor choices will not suit potential buyers. In many markets, older or outdated homes are sometimes sold at land value.
Foreclosure Sales: The foreclosures are occurring even in the luxury home market. Highly leveraged homes purchased in the last few years are more frequently ending up on the courthouse steps. Foreclosure purchases, which require cash and carry no disclosures or guarantees, offer both great potential for profit–and big dangers for the uninformed. Bidding should be non-emotional and it is best to have a professional bidding for you–but only after thorough-as-possible research has been done regarding the home’s condition, its history and resale potential. Cracked slabs, structural defects and boundary line encroachments are unwelcome surprises.
Why Check Out The Realtor: If the property you want is listed, has your agent check the other real estate agent’s listing history. If that agent tends to have listings on the market for a long time, you may wish to lower your offer. On the other hand, if the agent prices properties aggressively and has short “days on market,” you may consider coming in near to, at, or over list price. You will likely find those listings already priced at or below market to attract multiple offers.
A combination of patience, perseverance and the ability to move quickly will serve all astute buyers of real estate these days, but the greatest potential of all may lie with properties whose replacement value could far exceed the purchase price--or those with great locations. Therefore, have your mode of financing in place and have your buyers lined up in your database for a quick and profitable transition.
Monday, March 30, 2009
Tuesday, March 17, 2009
Creative Real Estate Investing: Housing Strats Surge or Did They?
Hello All:
Well, Wall Street is doing back flips on today's surprising surge in housing starts of 22.2% ! But if you look a little deeper you will find the surge is based on speculators who are building apartment building complexes; anticipating increased demand for rental units.
I'll give you my take on what that means for you and me as creative real estate investors on my next blog entry.
Be well,
James Gage
Well, Wall Street is doing back flips on today's surprising surge in housing starts of 22.2% ! But if you look a little deeper you will find the surge is based on speculators who are building apartment building complexes; anticipating increased demand for rental units.
I'll give you my take on what that means for you and me as creative real estate investors on my next blog entry.
Be well,
James Gage
Monday, March 2, 2009
Real Estate Investing Article:Recipe for Successful Real Estate Investing
Yes, I did say recipe, not a cookie cutter formula. You see in my humble opinion cookie cutters are good for one thing – making cookies! Each real estate transaction that you will do will have some things in common, however, most have different logistical and or legal considerations, which make each transaction unique.
Sense most recipes usually have one or more interpretation by the chef(s); here are my essential ingredients to a successful real estate transaction.
1. Know Your Market: This can not be stressed enough in these challenging investing times. Know what investing strategies and techniques will work for maximum profit and leverage in your geographical area.
2. Know Your Exit before you go in the Entrance: Another words, know what you will do with the property before making an offer or instituting a leveraged investing strategy such as a lease option.
3. Budget 20% Above “Fix Up Cost” Estimates : Why? Unforeseen circumstances! In contractor lingo that means “we didn’t know the walls were horse hair plaster, when we gave you the quote”. You get the idea, it’s better to over budget and pocket the overage, rather than start financially hemorrhaging because your profit margin is shrinking faster then the balance in your IRA account due to “unforeseen circumstances”.
4. Be Pro Active: Stay in the game. If you’re working with a real estate agent don’t leave it to them to handle the deal. This is especially true with short sales; most real estate agents don’t know how to facilitate a short sale, so in order to get a YES from the bank you must insert yourself into the equation. Ask questions, demand answers and know who the players are and how to contact them.
5. Have Your Buyer or Tenant In Place: Contrary to some modern day gurus who tell you to find and complete the deal, and people will magical appear to buy or occupy your property – that just doesn’t make good financial sense. Does the movie “Pacific Heights” ring any bells?
My take is to have someone waiting in the wings who is already pre-qualified and is looking for that particular property, in that particular neighborhood. This ingredient goes hand in hand with ingredient # 2 at the beginning of this article, so before you sign on the dotted line for any property make sure you have a winning investing plan in place.
There you have it my essential ingredients to a successful real estate transaction; use them and never worry again about coming out on the short end of the real estate investing stick.
To your success…
Sense most recipes usually have one or more interpretation by the chef(s); here are my essential ingredients to a successful real estate transaction.
1. Know Your Market: This can not be stressed enough in these challenging investing times. Know what investing strategies and techniques will work for maximum profit and leverage in your geographical area.
2. Know Your Exit before you go in the Entrance: Another words, know what you will do with the property before making an offer or instituting a leveraged investing strategy such as a lease option.
3. Budget 20% Above “Fix Up Cost” Estimates : Why? Unforeseen circumstances! In contractor lingo that means “we didn’t know the walls were horse hair plaster, when we gave you the quote”. You get the idea, it’s better to over budget and pocket the overage, rather than start financially hemorrhaging because your profit margin is shrinking faster then the balance in your IRA account due to “unforeseen circumstances”.
4. Be Pro Active: Stay in the game. If you’re working with a real estate agent don’t leave it to them to handle the deal. This is especially true with short sales; most real estate agents don’t know how to facilitate a short sale, so in order to get a YES from the bank you must insert yourself into the equation. Ask questions, demand answers and know who the players are and how to contact them.
5. Have Your Buyer or Tenant In Place: Contrary to some modern day gurus who tell you to find and complete the deal, and people will magical appear to buy or occupy your property – that just doesn’t make good financial sense. Does the movie “Pacific Heights” ring any bells?
My take is to have someone waiting in the wings who is already pre-qualified and is looking for that particular property, in that particular neighborhood. This ingredient goes hand in hand with ingredient # 2 at the beginning of this article, so before you sign on the dotted line for any property make sure you have a winning investing plan in place.
There you have it my essential ingredients to a successful real estate transaction; use them and never worry again about coming out on the short end of the real estate investing stick.
To your success…
Wednesday, February 25, 2009
Real Estate Education Tip: Who do you listen too?
One of the most important questions you have to answer for yourself as you build your real estate investing business is who are you going to listen to and learn from?
This is especially true now with so many real estate investing gurus/coaches vying for your attention and screaming “me, me, me!”
I have found that there are 3 types of “teachers & trainers” in real estate investing, and only one type is always worth following:
Type 1 - Someone who has read a book or gone to a seminar on a topic, has never successfully done it, and is now going to teach you how to do it. I recommend my RLH response here: Run Like Hell!
Type 2 - Teacher has successfully done what you want to learn, is going to teach you, but is no longer doing it. Approach with caution: while you might be able to learn some good tips and strategies, you will be learning what got them where they are, not what they are doing right now to be successful. You won’t learn leading edge new stuff.
Type 3 - Teacher has successfully done what you want to learn, is going to teach you, and continues to do what is being taught. With this kind of teacher you get it all: what got them to where they are, what they are doing now to continue to grow, and what are the new next steps and strategies to keep you moving forward.
This is the kind of teacher with whom I will spend my time and money. By the way type number 3 has been my One-on-One Mentoring philosophy for over 20 years!
My recommendation: Learn from and follow only those who have done it, are teaching it, and continue to do it in their own businesses every day.
If you agree with my philosophy why not check out my mentoring program at :
http://www.JGage.com
This is especially true now with so many real estate investing gurus/coaches vying for your attention and screaming “me, me, me!”
I have found that there are 3 types of “teachers & trainers” in real estate investing, and only one type is always worth following:
Type 1 - Someone who has read a book or gone to a seminar on a topic, has never successfully done it, and is now going to teach you how to do it. I recommend my RLH response here: Run Like Hell!
Type 2 - Teacher has successfully done what you want to learn, is going to teach you, but is no longer doing it. Approach with caution: while you might be able to learn some good tips and strategies, you will be learning what got them where they are, not what they are doing right now to be successful. You won’t learn leading edge new stuff.
Type 3 - Teacher has successfully done what you want to learn, is going to teach you, and continues to do what is being taught. With this kind of teacher you get it all: what got them to where they are, what they are doing now to continue to grow, and what are the new next steps and strategies to keep you moving forward.
This is the kind of teacher with whom I will spend my time and money. By the way type number 3 has been my One-on-One Mentoring philosophy for over 20 years!
My recommendation: Learn from and follow only those who have done it, are teaching it, and continue to do it in their own businesses every day.
If you agree with my philosophy why not check out my mentoring program at :
http://www.JGage.com
Tuesday, February 17, 2009
Creative Real Estate Investing: New Short Sale Formula
I received an e-mail today from a fellow investor asking me if I had made any changes to my short sale formula I use to submit offers to banks and mortgage companies; as a matter of fact I had and now I am sharing it with you my faithful newsletter subscribes.
I hope this helps you do many successful short sales.
Be well,
James Gage
PS: Don’t forget tomorrow at midnight ends my 50% off offer on my “Probate Investing Made Easy Package” normally priced at $37.00, but yours for $18.50 when you enter promo code 555 on the check out page :
http://jgage.com/probate-investing-made-easy.htm
The “New” Making a Short Sale Counteroffer
“Crunching Numbers “
The following is excerpted from proprietary material created by James A. Gage of Gage Consulting Group, LLC, www.JGage.com
Copyright © 2009, not to be reprinted or reproduced without the consent of GCG.
Although some of your initial offers will be accepted, you must also be prepared if the lender rejects your offer. Just because your first offer is denied does not mean that the deal is dead. This is now the perfect opportunity to learn precisely what you have to do in order to close the short sale.
The first thing you will want to do before making another offer is find out from the lender exactly why the first offer was rejected. Here are several key factors that may result in your offer being rejected.
1. They will not net the required amount needed to justify accepting your short sale offer. Simply speaking, your offer was too low!
2. The lender is adamant that they can do better waiting for a better offer or foreclosing on the property.
3. They do not agree with the terms of your contract or net sheet.
4. The loan is government insured and therefore they are protected against a foreclosure.
5. The investors of the loan are asking for more money to close out the loan.
6. You tick the loss mitigations rep off so bad that the last thing they want to do is help you.
7. The hardship was not proven enough to persuade the lender to accept a short sale.
8. The lender would like to explore alternative payment options with the homeowner instead of doing a short sale.
9. Your offer was much lower than what the BPO assessed the house for. This is another example of your offer being too low.
These are just some of the reasons you may get from the lender for your short sale being rejected but the main thing to remember is that you must at least probe and find the exact reason why.
I can confidently say that the main reason your short sale offer will be rejected will be because the offer is too low. Remember, the lender’s number one priority when doing a short sale is how much money they will net.
The best way to find out how much the lender needs to net is to just ask! Once you identify the right loss mitigations rep you can simply ask:
"How much do you need to net if we agreed to a reasonable short sale offer?"
Will the lender tell you how much? That is to be determined after you ask the question. The point is that you will never find out unless you throw it out there.
Even if you don’t find out initially, the next best time to ask is prior to the counteroffer.
You want to start and maintain a constructive dialogue with the loss mitigations rep where you are constantly probing for information that will determine what your best offer will be.
When I do short sales, I mainly develop my initial offer based on how much equity or profit I want to make with each deal. However, from time to time when I’m preparing a counteroffer I use a formula to help me come up with the most accurate guess on what I think the lender is willing to accept. If used correctly, this formula alone will more than pay for the price of this course 1000 fold.
Here it is...
Step 1: I take the estimated or actual BPO amount or the value of the house, based on the comps then multiply that number by 65%.
Example:
$175,000 (Estimated BPO value) X 65% = $113,750
Step 2: I then take the number I got and multiply it by 92%
Example:
$113,750 X 92% = $104,650
If this were an actual deal, I would use this final number or something close to give me my counteroffer amount. Although I have reason to believe that the lenders use a similar formula when they determine the amount they are willing to accept on a short sale, I cannot say that this is exactly it.
I do know that this formula does two things.
1. It gives me a calculated number to use for my initial offer or counteroffer.
2. It allows me to breakdown to the lender how I came up with my offer.
Be resilient yet realistic when making your counteroffers. Understand that it may not stop with the first counteroffer. You may have to counteroffer a 3rd or 4th time just to get the amount down to where the lender feels comfortable to accept. At times it may only be hundreds of dollars that you are negotiating.
If you are game for a strategic a methodical approach to negotiating your offers you can always use my 3 step approach to getting your offer accepted.
Step 1: The first offer will be used to get the number that you and the lender are negotiating down to tens of thousands.
Step 2: The first counteroffer will be used to either close the deal or get the number that you and the lender are negotiating within thousands.
Step 3: The second counteroffer will be used to either close the deal or get the number that you and the lender are negotiating within hundreds. Usually at this point, the lender is the most flexible and the loss is obviously not as great.
Another thing to consider when determining your counteroffer is if in fact it even makes sense to offer one. Sometimes the lender is non-negotiable and will only accept what they will accept. Period!
If this is the case does it make sense to continue trying to persuade someone who is not willing to work with you? You have to make that decision on a case by case basis.
The most important thing to remember when making your counteroffer is that the deal has to make sense for you. I’ve seen investors get their short sale accepted but fail to agree to an amount that is highly profitable.
Like I mentioned, I cannot determine the value of your time and effort. That is something that you must decide, but I can say that short sales are big money deals and if you are making offers that do not put a lot of money in your pocket you are probably leaving it on the table for someone else to enjoy.
To your success,
James A. Gage
www.JGage.com
http://jgage.com/probate-investing-made-easy.htm
I hope this helps you do many successful short sales.
Be well,
James Gage
PS: Don’t forget tomorrow at midnight ends my 50% off offer on my “Probate Investing Made Easy Package” normally priced at $37.00, but yours for $18.50 when you enter promo code 555 on the check out page :
http://jgage.com/probate-investing-made-easy.htm
The “New” Making a Short Sale Counteroffer
“Crunching Numbers “
The following is excerpted from proprietary material created by James A. Gage of Gage Consulting Group, LLC, www.JGage.com
Copyright © 2009, not to be reprinted or reproduced without the consent of GCG.
Although some of your initial offers will be accepted, you must also be prepared if the lender rejects your offer. Just because your first offer is denied does not mean that the deal is dead. This is now the perfect opportunity to learn precisely what you have to do in order to close the short sale.
The first thing you will want to do before making another offer is find out from the lender exactly why the first offer was rejected. Here are several key factors that may result in your offer being rejected.
1. They will not net the required amount needed to justify accepting your short sale offer. Simply speaking, your offer was too low!
2. The lender is adamant that they can do better waiting for a better offer or foreclosing on the property.
3. They do not agree with the terms of your contract or net sheet.
4. The loan is government insured and therefore they are protected against a foreclosure.
5. The investors of the loan are asking for more money to close out the loan.
6. You tick the loss mitigations rep off so bad that the last thing they want to do is help you.
7. The hardship was not proven enough to persuade the lender to accept a short sale.
8. The lender would like to explore alternative payment options with the homeowner instead of doing a short sale.
9. Your offer was much lower than what the BPO assessed the house for. This is another example of your offer being too low.
These are just some of the reasons you may get from the lender for your short sale being rejected but the main thing to remember is that you must at least probe and find the exact reason why.
I can confidently say that the main reason your short sale offer will be rejected will be because the offer is too low. Remember, the lender’s number one priority when doing a short sale is how much money they will net.
The best way to find out how much the lender needs to net is to just ask! Once you identify the right loss mitigations rep you can simply ask:
"How much do you need to net if we agreed to a reasonable short sale offer?"
Will the lender tell you how much? That is to be determined after you ask the question. The point is that you will never find out unless you throw it out there.
Even if you don’t find out initially, the next best time to ask is prior to the counteroffer.
You want to start and maintain a constructive dialogue with the loss mitigations rep where you are constantly probing for information that will determine what your best offer will be.
When I do short sales, I mainly develop my initial offer based on how much equity or profit I want to make with each deal. However, from time to time when I’m preparing a counteroffer I use a formula to help me come up with the most accurate guess on what I think the lender is willing to accept. If used correctly, this formula alone will more than pay for the price of this course 1000 fold.
Here it is...
Step 1: I take the estimated or actual BPO amount or the value of the house, based on the comps then multiply that number by 65%.
Example:
$175,000 (Estimated BPO value) X 65% = $113,750
Step 2: I then take the number I got and multiply it by 92%
Example:
$113,750 X 92% = $104,650
If this were an actual deal, I would use this final number or something close to give me my counteroffer amount. Although I have reason to believe that the lenders use a similar formula when they determine the amount they are willing to accept on a short sale, I cannot say that this is exactly it.
I do know that this formula does two things.
1. It gives me a calculated number to use for my initial offer or counteroffer.
2. It allows me to breakdown to the lender how I came up with my offer.
Be resilient yet realistic when making your counteroffers. Understand that it may not stop with the first counteroffer. You may have to counteroffer a 3rd or 4th time just to get the amount down to where the lender feels comfortable to accept. At times it may only be hundreds of dollars that you are negotiating.
If you are game for a strategic a methodical approach to negotiating your offers you can always use my 3 step approach to getting your offer accepted.
Step 1: The first offer will be used to get the number that you and the lender are negotiating down to tens of thousands.
Step 2: The first counteroffer will be used to either close the deal or get the number that you and the lender are negotiating within thousands.
Step 3: The second counteroffer will be used to either close the deal or get the number that you and the lender are negotiating within hundreds. Usually at this point, the lender is the most flexible and the loss is obviously not as great.
Another thing to consider when determining your counteroffer is if in fact it even makes sense to offer one. Sometimes the lender is non-negotiable and will only accept what they will accept. Period!
If this is the case does it make sense to continue trying to persuade someone who is not willing to work with you? You have to make that decision on a case by case basis.
The most important thing to remember when making your counteroffer is that the deal has to make sense for you. I’ve seen investors get their short sale accepted but fail to agree to an amount that is highly profitable.
Like I mentioned, I cannot determine the value of your time and effort. That is something that you must decide, but I can say that short sales are big money deals and if you are making offers that do not put a lot of money in your pocket you are probably leaving it on the table for someone else to enjoy.
To your success,
James A. Gage
www.JGage.com
http://jgage.com/probate-investing-made-easy.htm
Monday, February 16, 2009
Creative Real Estate Investing: Go where they aint fishin...
James Gage here with Gage Consulting Group hoping that this e-mail finds you and yours in good health.
One of my greatest mentors, who made a great impact on my life, was a gentleman by the name of Paul Gutierrez. Paul was an average Joe by today’s standards, hard working with limited education, but what he lacked in classroom hours he made up one hundred percent in wisdom.
He was the one that told me one day while we were fishing “ Jim, you gotta go where they aint fishin”...
That phrase has guided my investing strategy for over 22 years and I would now like to pass it on to you, so you too can also profit like I do from this simple phrase.
That being said...
What are you going to do to improve your real estate investing business in 2009?
I know that this is a question that many of us are asking ourselves this time of the year as spring approaches.
Many of us made New Years resolutions last month – are you keeping them?
Did you know that one of the best kept secrets to not breaking a new year's resolution?
Not making them!
WHY WAIT UNTIL NEXT JANUARY 1ST TO MAKE A COMMITMENT TO IMPROVE YOUR INVESTING IN THESE CHALLENGING TIMES?
Why not start this evening...You know February 15, 2009.
Get a jump on all the other people who are going to Wait until next year!
What I am about to reveal is a little used strategy to make money in real estate.
No...it is not Bankruptcy!
Yes...there are very few people using this strategy.
Yes...many of these properties ALREADY HAVE EQUITY!
Yes...you will learn a TON on how to expand this lucrative strategy.
Yes...you can implement this strategy as early as next week!
What is it?
PROBATE INVESTING MADE EASY
Discover The Proven Steps To Buy Property 50 -60 Cents On The Dollar even in a down market through Probates !
Nationally known real estate investor James Gage will show you :
How to buy property 50- 60 cents on the dollar
How to find properties
How to negotiate like a seasoned pro
What paper work is involved in the transaction
How to turn Probate property around in record time
with this jam packed CD Package – “Probate Investing Made Easy” .
James takes the mystery and uncertain out of this lucrative, leveraged real estate investing technique.
Before I let you go to read over exactly what this package contains, many individuals have called me and ask if I would put together a step-by- step affordable Probate package on Probate investing, well your wish is my command. I have put together a step by step compressive package on that very subject please visit the following link for more information:
http://jgage.com/probate-investing-made-easy.htm
but it doesn't stop there!
Normally priced at less then a few trips to Starbucks at $37.00, it is a great value if I do say so myself.
But for the next 3 days (February 15 - February 18 ) I am extending to you, my newsletter subscribers the astonishing price of only $18.50! That's a whooping 50% off my normal website store!
Enter promo Code 555 on you order/check out page to receive your discount.
So please visit the link provided for more information on this jam packed Probate Made Easy Package :
http://jgage.com/probate-investing-made-easy.htm
Don't forget promo Code 555
To your success,
James A. Gage
www.jgage.com
With this jam packed informational package you will never have to worry about how to invest with Probate properties again.
What you will learn with this powerful Probate package :
On CD 1 James, will teach you the ABCs of successfully Probate investing:
* How to buy property 50- 60 cents on the dollar
* How to find properties
* How to negotiate like a seasoned pro
* What paper work is involved in the transaction
* How to turn Probate property around in record time
On CD 2 you will receive James’s Power Point presentation that he uses to teach people One-On-One how to invest with Probates, This presentation will be a timeless resource for you to refer back to.
And as a bonus, you will receive the very letter that James uses to this day for contacting the individual(s) in the Probate process!
And of course like all of James's products you will receive much more.
http://jgage.com/probate-investing-made-easy.htm
One of my greatest mentors, who made a great impact on my life, was a gentleman by the name of Paul Gutierrez. Paul was an average Joe by today’s standards, hard working with limited education, but what he lacked in classroom hours he made up one hundred percent in wisdom.
He was the one that told me one day while we were fishing “ Jim, you gotta go where they aint fishin”...
That phrase has guided my investing strategy for over 22 years and I would now like to pass it on to you, so you too can also profit like I do from this simple phrase.
That being said...
What are you going to do to improve your real estate investing business in 2009?
I know that this is a question that many of us are asking ourselves this time of the year as spring approaches.
Many of us made New Years resolutions last month – are you keeping them?
Did you know that one of the best kept secrets to not breaking a new year's resolution?
Not making them!
WHY WAIT UNTIL NEXT JANUARY 1ST TO MAKE A COMMITMENT TO IMPROVE YOUR INVESTING IN THESE CHALLENGING TIMES?
Why not start this evening...You know February 15, 2009.
Get a jump on all the other people who are going to Wait until next year!
What I am about to reveal is a little used strategy to make money in real estate.
No...it is not Bankruptcy!
Yes...there are very few people using this strategy.
Yes...many of these properties ALREADY HAVE EQUITY!
Yes...you will learn a TON on how to expand this lucrative strategy.
Yes...you can implement this strategy as early as next week!
What is it?
PROBATE INVESTING MADE EASY
Discover The Proven Steps To Buy Property 50 -60 Cents On The Dollar even in a down market through Probates !
Nationally known real estate investor James Gage will show you :
How to buy property 50- 60 cents on the dollar
How to find properties
How to negotiate like a seasoned pro
What paper work is involved in the transaction
How to turn Probate property around in record time
with this jam packed CD Package – “Probate Investing Made Easy” .
James takes the mystery and uncertain out of this lucrative, leveraged real estate investing technique.
Before I let you go to read over exactly what this package contains, many individuals have called me and ask if I would put together a step-by- step affordable Probate package on Probate investing, well your wish is my command. I have put together a step by step compressive package on that very subject please visit the following link for more information:
http://jgage.com/probate-investing-made-easy.htm
but it doesn't stop there!
Normally priced at less then a few trips to Starbucks at $37.00, it is a great value if I do say so myself.
But for the next 3 days (February 15 - February 18 ) I am extending to you, my newsletter subscribers the astonishing price of only $18.50! That's a whooping 50% off my normal website store!
Enter promo Code 555 on you order/check out page to receive your discount.
So please visit the link provided for more information on this jam packed Probate Made Easy Package :
http://jgage.com/probate-investing-made-easy.htm
Don't forget promo Code 555
To your success,
James A. Gage
www.jgage.com
With this jam packed informational package you will never have to worry about how to invest with Probate properties again.
What you will learn with this powerful Probate package :
On CD 1 James, will teach you the ABCs of successfully Probate investing:
* How to buy property 50- 60 cents on the dollar
* How to find properties
* How to negotiate like a seasoned pro
* What paper work is involved in the transaction
* How to turn Probate property around in record time
On CD 2 you will receive James’s Power Point presentation that he uses to teach people One-On-One how to invest with Probates, This presentation will be a timeless resource for you to refer back to.
And as a bonus, you will receive the very letter that James uses to this day for contacting the individual(s) in the Probate process!
And of course like all of James's products you will receive much more.
http://jgage.com/probate-investing-made-easy.htm
Tuesday, February 10, 2009
Creative Real Estate Investing: Fannie Mae raises loan limits for investors
Hello All:
Here is some breaking investing news...
Fannie Mae has announced on their website that the 4 loan limit has been removed, and, under certain circumstances, will allow an investor to have up to 10 loans.
This is great news for investors who are picking up foreclosures and keeping them for rental or selling on lease options.
Check out FNMA's website :
https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2009/0902.pdf
Here is some breaking investing news...
Fannie Mae has announced on their website that the 4 loan limit has been removed, and, under certain circumstances, will allow an investor to have up to 10 loans.
This is great news for investors who are picking up foreclosures and keeping them for rental or selling on lease options.
Check out FNMA's website :
https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2009/0902.pdf
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