Real Estate Investing: Lease Option, Rent to Own

Hello All:

Hope this post finds you and yours in good health. Many have asked me when I have a discounted item from my real estate investing series available to let them know...

Rumor has it my Lease Option, Rent to Own Program which retails for $495.00 is on EBay for $197.00!!! Click Here to be brought to the EBay link to find out more information.

Be well.

James Gage

Real Estate Investing: Question of The Month

I just received this question in my e-mail box, so I thought I would share the question an answer with you.

James,

I’m sure you get this question a lot, but is now a good time to purchase a home?

Bob Gomez, Spokane, WA

This is what I responded back…

Hi Bob:

Thanks for the e-mail. Wow! That’s a loaded question, but I will answer it best I can.

First, only you and only you know what you can financially tolerate for a mortgage payment; but I must stress that according to my budget criteria I teach people, only a maximum of 35 % of your income should be set aside for housing! If you can not find anything that falls within those parameters, I would suggest that you consider purchasing a duplex or multi-family and live in one of the units while getting your mortgage paid for you (you will be essential living for free) and receive all the tax deductions, while saving money towards a larger down payment – which will lower your mortgage payment.

Secondly, if you are going to pull the trigger and purchase a home, I suggest you plan on staying in it for at least the next 10 years! Hopefully, that will be enough time for the housing market to give you a big chunk of equity.

Finally, there are a lot of great deals out there for individuals wanting to become homeowners – not investment property; at least not at this point in time. Let me qualify my last statement. There is always an exception to every rule, but great investment property deals are few and far in between without using leveraged investing techniques such as lease options and assignments.

I believe in the near future there will be opportunities for those of us that have cash to get great deals after the 3rd wave of foreclosures makes an appearance.

I hope this helps Bob.

Be well.

James Gage

For more great tips and strategies Click Here

Real Estate Investing: Beware of Short Sale Companies

I have come across more than a few companies that claim to be “experts” in short sale negotiations, only to find that not only is the information they provide not accurate, but sometimes they are just out-and-out scams. Most are newly formed companies, with no true experts on site. Typically they’re just trying to take advantage of the current market. I know of a company in GA that tells real estate investors that they will negotiate short sales on their behalf for $1,800.00 per transaction and the investor gets to keep all the profit! Only one problem; they close less then 1% of the short sales they are given.

We are in a time where many people are desperate financially and emotionally, and there are those out there who are eager to take advantage of people in these types of situations. Granted, there are some agencies out there that are good, legitimate short sale companies but, you have to know the difference between the good and the bad.

So what is the answer? Learn how to negotiate short sales yourself! Yes, it's possible to learn to negotiate short sales, as an investor or on behalf of someone else.

If you are ready to learn how to negotiate short sales correctly please Click Here

Until next time.

James Gage

Real Estate Investing: Where to host your real estate website?

Hello All:

The question always comes up when I talk to people about their real estate web sites (if you don't have one, you should, but we will leave that for another post), where do you host yours? Well, before I tell you where I host mine, I would tell you why I host mine there; then you can make up your own mind.

There are many hosting services that charge as little as $3.95 a month for hosting, but then charge you for having e-mails and increased bandwidth! I don't know about you but I don't want to be nicked and dimed every time I turn around.

Below I have listed what I believe you must have included or supported with your hosting service:

--> Up time, meaning, your website has to be guaranteed up and running on the web greater then 99% of the time. That's unfortunately what happens when you go with these sub par services.

--> Multiple e-mail accounts included

--> 24/7 Customer Service at no additional charge

--> Able to host multiple websites, if you chose, on the same account without paying for an additional account.

--> Statistics Page: You need who is coming to your site and when, so you can see how effective your marketing has been - again at no additional cost.

These are just a few of the benefits I think every hosting service should be giving their customers at no extra cost. That being said, I get the all the above and more for $7.95 per month! If you would like more information Click Here

Breaking Real Estate News: Governement to Stop Foreclosures?

Hello All:

Get this, President Obama is thinking of stopping all foreclosures (except for investors of course)! What will happen is a government organization will tell the banks and mortgage companies when and if they can foreclose!!!! Does this make sense? Not only will this give the government another slice of power over the free market system, but it will cripple the housing market. The bigger question is who will pay for this? Banks and mortgage companies will close in record numbers; they will not be able to balance non performing properties.

So what is the answer? Unfortunately, we have to allow the market to correct itself! That means foreclosing on those who can not benefit from loan modifications, and assisting them into the rental market.

This is precisely why I strongly suggest that investors use leveraged invest techniques with little to no risk such as "Assignments Made Easy" Click Here for more information.

Until next time - be well.

James Gage

Breaking Real Estate News: Housing Data

James Gage here, with some breaking real estate news:

December Housing Data- Standard & Poors

According to Standard and Poors: “U.S. home prices
unexpectedly slipped in December but the annual rate
of decline slowed, reinforcing the housing market's rocky
road to recovery, Standard & Poor's/Case-Shiller indexes
showed on Tuesday.”

Ok, you maybe asking yourself why does that matter?
It’s February and not December, so who cares! This is
a quarterly snap shot, rather then the monthly report’s
we are use to seeing in the news. This information gives
us glimpses of what to expect in the coming quarters, so
we can adjust our investing methods appropriately and get
an advantage over our competition.

The data did indicate that housing prices actually
Increased slightly in housing markets such as Boston.
Austin, San Francisco, while declines continued in
Florida, Las Vegas and Michigan – just to name a few.

That being said, my investing plan remains the same for
now; I have no plans to change my investing plan, which
concentrates on:

 Lease Options
 Short Sales (Kibbles and Bits)
 Probates ( Find and Assign)
 Assignments

Speaking of Assignments, don't forget that my DVD & CD
Presentation on "Assignments Made Easy" 50% off offer ends
tomorrow night at midnight and will return to its normal price of
$37.00.
If you are interested in purchasing this package, plus the
bonus guide @ $18.50 then follow the link below for more information,
and if you decide to purchase it enter promo code: 999.

http://snipurl.com/ugk22

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

I hope this information has been of use to you and your real estate
investing business plan.

To your success,

James A. Gage
www.JGage.com

Real Estate Investing: Assignments Made Easy

James Gage here with Gage Consulting Group hoping that
this blog post finds you and yours in good health.

How would You like to make 3,000 – 7,000 thousand dollars
per real estate transaction, even in a down market, without
owning or financing the property? Well if you said Yes, then
continue reading below...

If you're head is still spinning from the recent changes
and trends in the real estate investing marketplace, and
you're wondering how the heck you can make any money in
this environment without a bag full of cash, then you
won't want to miss out on :

"Assignments Made Easy!"

Banks are even tougher these days with who they're lending
to and what they will finance and they're looking more and
more at your credit and how many years of experience that
you have as an investor!
What if you have less than perfect credit, don't know how to
best present your deal to the bank, want to get commercial
financing, have no substantial cash to put into a deal as a
down payment, or are confused by the new FHA and Prime loan
requirements.

This is the exact process I use in one of my investing
modules for consistent cash flow on a monthly basis.


Before I let you go to read over my exactly what this
CD contains, many individuals have called me and ask
if I would put together a step-by- step DVD & CD on
"Assignments", well your wish is my command. I have put
together a DVD & CD on that very subject please visit
the following link for more information:
http://snipurl.com/ugk22
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 4 days (Feb 21 - Feb 24 ) I am
extending to you, my faithful newsletter subscribers
the astonishing price of only $18.50! That's a
whooping 50% off my normal website store price! Enter promo
Code 999 on you order/check out page to receive your
discount.

After Feb 24th it will return to the normal price of
$37.00.
You maybe asking, why am I doing this? Simple, I am
committed to getting this information into as many
investors hands as possible, thereby getting your
bank accounts perked up to where they should be!

So please visit the link provided for more information
on this jam packed DVD & CD package:
http://snipurl.com/ugk22

Also, as a thank you bonus I am including:
My Step by Step Assignments Made Easy Guide, which will
walk you through the process A-Z.
Don't forget promo Code 999

To your success,

James A. Gage
www.JGage.com

With this DVD & CD which is jam packed full of information
you will never have to worry about getting or
controlling a property again.

What you will learn with this powerful package :

On DVD 1 James, goes step by step on how to:
• Choose the appropriate document, for the right deal.
• Fill out each document correctly !
• Protect yourself from litigation in every deal!
• Protect the money you make on each deal, if the deal
doesn’t close!
• And much, much more…

On the CD of Forms, James provides all the contracts you will
need to do any deal, whether a straight transaction or Lease Option
assignment. Each document can be modified on your computer to suit
the structure of any deal.

And of course like all of James's products you will
receive much more.