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GuReview.com BlogGuReview.com BlogGuReview.com blog was created as a new meeting place for new and seasoned real estate investment professionals to come together, exchange ideas and views. Feel free to post comments on current business news and helpful tools or present relevant inqui Articles
Savvy Investors Find Great Opportunities
2008-04-16 21:09:00 “The way you make money is not following the herd. Lower prices mean greater investment opportunities because there are more motivated sellers and more deals coming on the horizon. Now is definitely the time to buy … but to buy smart.” That philosophy, spoken by Robert Shemin — Wall Street Journal best-selling author, nationally renowned speaker and major real estate investor — is at the root of successful foreclosure investing in the market today. An increase in foreclosures translates to more available investment opportunities. And more available investment opportunities creates competition, driving down real estate sales prices across the board. Here are five strong strategies that Shemin has put together: 1. Buy to hold — Historically, long-term investors almost always do well. A long-term investment strategy is five to seven years plus. Medium is six months to five years and short-term is less than six months. 2. Buy cash flow — Speculators take a chance on ra... More About: Great , Find , Opportunities , Savvy , Investors
Sorting Through the Facts About Current Foreclosure Figures
2008-03-13 19:43:00 The real estate industry and Wall Street have been reeling of late, obsessed with the number of U.S. foreclosures and portraying the information as a catastrophic event which is unrecoverable in the foreseeable future. The media is reporting a “record number of foreclosures” and hyping an impending crisis, but does it really exist? The truth is a majority of homeowners who are in any state of the foreclosure process are not foreclosed on thus inflating the statistics and fueling the media frenzy. Here are some additional facts: Less than 40% of homes that enters the foreclosure process result in the bank seizing the property. Almost 95% of all mortgages in the United States are current (according to the Mortgage Bankers Association in December 2007) Sub-prime loans only account for around 4.9% of all mortgage loans. Of those only 14.8% are in any phase of the foreclosure process. The media coverage of a “credit crisis” shows that our society favors looking a... More About: Facts , Current , Foreclosure , Sorting , Figures
Profiting from Real Estate Investment Clubs
2008-03-03 20:43:00 Real Estate Investment Clubs (REI Clubs) have long been touted as an excellent means of learning about real estate investing, finding deals and networking with other investors. It is important for beginning investors to find clubs in their area that are reputable and have a dedicated group of members and hold regular meetings and networking opportunities. Trustworthy clubs will let you attend your first one or two meetings for free. Here are some more tips to finding a great REI club to help you start your real estate investment business: Beware of the Sell-fest - there are a few bad apples out there that are only out to sell you an expensive product or training course. Make sure your REI Club provides value and good education tools as part of the small yearly membership fee. The average annual fees for individual range between $100 - $250 a year. If you club charges over $300 you should probably think of trying another club. Good REI Clubs have ACTIVE and EXPERIENCED investors as ... More About: Real Estate , Real Estate Investment
Building Your Team of Real Estate “Superstars”
2008-01-14 21:52:00 Bulding a real estate team is recommended by many successful real estate investors. Having a trustworthy team of professionals alleviates professional real estate investors with an important asset - time. Some real estate investors try to do everything themselves, creating a shortage of their time to chase after the next great deal. Thriving real estate investors build a team they can rely on and trust. The following are some team members to consider when deciding to grow your business and building your real estate team. An REO and Investment Agent - An experienced investment agent can be a powerful ally. They find the best deals in your market. Your Mortgage Broker - Good to have a mortgage pro on your side. When you use the same broker for every deal, they will do their best to get your qualified for the best loans. A Contractor - A good and reliable contractor is a valuable asset on your team and can advise you on repair estimates and may even make you aware of a deal-killing is... More About: Building , Estate , Real Estate , Team , Real
Buy Real Estate at the Right Price
2007-11-30 15:59:00 How do you buy real estate at the right price? This is one of the most common questions beginning real estate investors make and it is a very important one. After all, no one ever wants to pay too much for a property, in any real estate market. When investing in distressed properties, most often there are repairs needed and it is important to figure in those costs when making an offer. You should also know the local real estate market so you have a clear picture of property values in the neighborhood where the home is located. There are many free resources available today to determine recent home sales in a neighborhood. Several websites feature free property value estimates. Zillow.com and Real Estate ABC.com are just two examples. You can type in the property address and you will see the estimated property value, assessed values from the tax collector and in some cases recent resale amounts in the neighborhood. This will give you a good idea of an approximate value of your investmen... More About: Real Estate , Price
“Subject To” Real Estate Investing
2007-11-20 16:38:00 I have heard a lot lately about “Subject To” real estate investing. “Subject To” is when you purchase an investment property subject to existing financing. The seller keeps the current loan on the property in place and a separate agreement is signed to make it available to the investor and eventually the buyer’s use. Here is an example. Jane Homeowner lives paycheck to paycheck. Jane receives a promotion from her company, but has move out of state and sell her home. With the real estate market in her area slowing down, she is concerned it may take longer to sell her home and she will run out of time because she only has 30 days to move. Her local realtor told her she would have to take a financial loss on the home because she has very little equity and the prices on ouses have gone down in her area. She decides to put a classified ad in the paper and online to sell her house. Joe Investor sees the ad and calls Jane Homeowner to see her house. After tou... More About: Estate , Real Estate , Real Estate Investing , Investing , Real
Rehab Foreclosures For Profit
2007-10-25 16:06:00 Record foreclosure filings have prompted some savvy real estate investors to action. While some seasoned conservative investors are advising to sit on the sidelines, hold on to the properties they currently have and wait to invest in more, there are seasoned real estate investors used to investing in distressed properties who are cashing in by tweaking their strategy to fit today’s real estate market. “It’s all about analyzing projects from the outset and create a manageable plan of attack,” says Glen Daniels. Glen is an investor with over 20 years of experience in buying distressed properties and rehabbing them for profit. Glen believes that an investor who analyzes, budgets and markets properties effectively will overcome the obstacles of any real estate market. There are some tips to add value to a rehab without going crazy on upgrades and repairs. Set a budget and stick to it no matter what issues come up. Glen will break down his strategy and his mental ... More About: Rehab , Foreclosures , Profit
Profiting from Lease Options
2007-10-16 16:52:00 To understand the benefits of a Lease Option agreement, you must first understand the term. A Lease Option is an agreement between a buyer and a seller to lease or rent a property with an option to buy it at a future date. The terms vary and are structured in a multitude of ways. The “Option to Buy” can be arranged with an up-front payment of a pre-determined amount or a monthly rental fee is agreed upon with additional payment to be applied towards a possible purchase of the property. The agreement can be organized with a preset purchase price or the purchase price can be establishes by the fair market value at the time of purchase. Whether you are an investor or a seller thinking about doing a lease purchase, it is imperative to educate oneself on the choices available. Consult with an attorney if possible to make sure you protect your interests. Make sure you know all your options. To fill up your knowledge tank check out this online seminar next ... More About: Options
Innovative Real Estate Marketing Trends
2007-10-11 17:48:00 Talk to most real estate professionals, whether they be investors or agents/brokers, and they will tell you - marketing properties on the internet is the fastest growing real estate marketing technique. How can you make it work for you? The most important factor is arming yourself with as much knowledge as you possibly can. Through performing research on the internet and networking with local real estate investment clubs you will be off to a great start. Also ask other real estate professionals you respect for their marketing suggestions. Education is a key component . A popular education tool is rising quickly in popularity - online education. Please keep in mind that a free teleseminar or webinar may provide some general information, but in the end you can bet they are trying to sell you something. There are some low cost options available. One we recommend is from Foreclosure.com. They are having a webinar next week on How to Find Buyers in a Declining Market. There are some simp... More About: Marketing , Estate , Real Estate , Trends , Real Estate Marketing
10 Secrets of the Foreclosure Food Chain Webinar
2007-10-04 15:23:00 Learn to flip foreclosure properties for enormous profit and discover nine other proven real estate investment strategies during a 90-minute online training presentation with Howard Small. Howard — a well-known and highly successful investor, author, trainer and mentor — will show you 10 exciting ways to make serious money in real estate so that you can decide which strategies work best. Howard will teach you how to: Make foreclosure money without investing a lot of time, cash or credit Earn loads of cash from the Foreclosure Food Chain ™ Make money in 30 days or less without having to buy or own properties Profit from investment techniques that fit your comfort level and budget Use creative steps to make money as a foreclosure team Learn More Date: Tuesday, October 9, 2007 Time: 9:00 PM ET Register Here More About: Secrets , Webinar
More News on Subprime Lending
2007-10-01 20:08:00 Citigroup, the largest bank in the United States, announced today that earnings fell about 60% from last year at this time due largely to losses sparked by the U.S. subprime mortgage mess. Citigroup will write down loans estimated at $1.3 billion on subprime related assets. Exactly what does this mean? For the consumer, not great news. Subprime lending is being blamed for the unprecedented surge in foreclosure activity around the U.S., partially responsible for the drop in consumer confidence. Countless media commentary is advising average homeowners not to buy a new home for at least a year. If you have your house on the market, expect to cut your asking price significantly if you want to sell your home. Many residential real estate investors are in a “holding” state as well, they are waiting to see how low prices will fall. Small commercial real estate investors appear to be unaffected and some are even flourishing. Big investment companies that made many deals in the ... More About: News , Lending , Rime , Prim
Flipping Foreclosures on the Internet
2007-09-21 15:07:00 Find out how to flip foreclosures on the Internet for serious profits with Mike Collins — a savvy, leading real estate investor with more than 20 years experience wholesaling properties. During this 90-minute training presentation, Mike will reveal how to become the “middle man” in hundreds of real estate deals. That means you never actually own properties, but receive big commissions when you find the right investors for them! Don’t miss this informative Webinar! Go Here to Find Out More Mike will teach you how to: Find amazing foreclosure deals on the Internet — up to 50% off! Create a money-making real estate business that achieves HUGE profits Build a cost-effective and cutting-edge lead generation machine Generate amazing leads with search engines such Google, Yahoo! and MSN Date: Tuesday, September 25 Time: 9 p.m. ET/6 p.m. PT Register Now More About: Foreclosures , Flipping , The Internet , Lippi
NC Test
2007-08-30 21:53:00 http://www.nationalcontractors.com/forecl osure.html?S=affiliate&K=forecl More About: Test
Preforeclosure Deals
2007-08-23 16:01:00 Lance Young — a renowned real estate investing expert — has achieved financial freedom beyond his wildest dreams! He has more than 20 years of successful experience buying and selling preforeclosure real estate. Learn to make $11,000, $31,000, $80,000 and more with preforeclosures during a special Webinar training, On August 28th at 9:00 PM EDT Lance will walk you through his techniques to find, negotiate and resell distressed property deals fast with just a $10 deposit! Here are some of the skills you will acquire: Where and how to find preforeclosure properties How to easily buy and sell preforeclosure properties Learn to negotiate with banks to get the best deals How to maximize your profit on EVERY deal The preforeclosure process starts when the bank first notifies a homeowner that his or her loan payments are late. This warning also states what will happen if the mortgage payments, penalties and interest are not brought current — the end result of which is foreclosure. ... More About: Fore
Larry Goins Course Review
2007-08-13 19:46:00 by Karen Tanne Larry Goin s sent us a copy of his Ultimate Buying and Selling Machine course. He is an experienced investor who continues to bring in the deals. He claims he is currently invests in 10-15 deals per month. He is a nationally know speaker/investor who travels the country speaking at local Real Estate Investment Clubs about his real estate investment strategy. His approach to real estate investing focuses on automating your business and building “a team” of professionals to do the legwork. Overall the course is probably worth the money, if you are a serious investor and you can put in the time to implement the system. The course includes: A Course Binder with 14 sections A 6 CD Audio of the course A binder with the Audio Transcription A CD with all the Forms he uses in his business A tutorial DVD A disc with Property Analyzer software A binder transcription of live calls with realtors, buyers, sellers and tenants There are some great ideas in how to m... More About: Review
REI Exchange Conference - Grand Prize Giveaway - A HOUSE
2007-07-27 23:13:00 Foreclosure.com, the national real estate investment leader with more than 1.2 million accurate distressed property listings throughout the United States announced they are embarking into the Real Estate Education business. The Foreclosure.com Exchange “Real Estate Investing Training 2007” is a comprehensive two-day conference loaded with dynamic general education sessions, inspiring keynotes, informative panel discussions with Q & A, a networking reception, exhibitor raffles and a one-of-a-kind giveaway. All attendees to the conference are eligible to win our Grand Prize – A HOUSE. Not a Dollhouse, Doghouse or Outhouse. The winner will receive an actual investment property and retain 100% ownership, with no strings attached to live in, resell, flip – whatever he or she decides to do with it. For information on registering for the Conference, please see the Foreclosure.com website: http://www.foreclosure.com/education/conf erences/index.html More About: House , A House , Ouse
Short Sales Webinar Training
2007-07-19 16:51:00 Foreclosure.com America’s most complete residential foreclosure property listing service is getting into the Education and Training business through Webinar s. The next webinar is schedule for July 26th at 9:00 PM ET. The Foreclosure.com Webinar is an interactive online real estate training experience that fosters an exchange of ideas and information in real-time. The 90-minute educational bi-monthly sessions are live, which means that you get instant answers directly from the experts to those burning real estate questions that keep you awake at night. See, hear and interact with the experts right from your own computer. Featured will be some of the top real estate minds and gurus from around the nation who will share their secrets to success and provide information that you can use right away.On July 26th catch James Gage — undoubtedly one of America’s premiere authorities on creative real estate investing and negotiating — will provide helpful tips and advice on... More About: Sales , Short , TRAI
Oscar Morante’s Short Sales A-Z: A First Look
2007-06-05 20:36:00 Review by Zack Preble When shopping for a real estate investment guru, it helps to look for someone who has actual experience as a real estate investor! After taking a look at Oscar ’s course he sent for evaluation, one thing was evident, the information came from someone who has ‘been there’. The video includes actual snapshots of court documents highlighting not only the important parts but also the less evident nuances and issues that an investor may encounter. My immediate objection to the course however, was the monotone narration of the video and the oversimplification of the workbook. This is not a course you can read in the waiting room at the doctor’s office. One of the nice things about the course pack was the “paper trail” documents supplied. Probably one of the most creative ways of teaching the ins and outs of investing in real estate that I have seen. Included as well are all the forms and agreements that you might need and a cash flow analyzer spreadsheet. ... More About: Sales , Short , Look , First Look
Larry Goins - Ultimate Buying and Selling Machine Seminar Review
2007-05-17 17:54:00 We recently attended a Real Estate Investment Club meeting, BRIC in Boca Raton, FL where Larry Goins was the featured speaker. He presented information on his Ultimate Buying and Selling Machine product. Larry is an affable speaker who intently engaged his audience of about 100. We received valuable information and insights into Larry’s investing secrets. One of the most valuable tools Larry offers are his investing software programs. He uses technology to find and manage his property prospects. The property analyzer software alone seems to be worth the cost of his course. He provided attendees with constructive information on how to search for properties using the internet, how to find and negotiate great deals, what to do when you become successful and how to stay there. He is honest about why he wants people to learn and use his system so his students will buy and sell properties from him and his team. Larry stated that he has built an extensive investor network across the co... More About: Review
Tax liens: profits made easy with the help of online listings
2007-04-23 15:33:00 Many online listing services are providing information on various aspects of the real estate investing industry. Whether you are searching for more traditional routes of investing or are seeking more creative investing techniques there is a site for you. These data providers include all types of distressed properties from foreclosures to tax leins, and just about any in-between. Some sites such as Foreclosure.com even provide information on financially distressed homeowners by listing current bankruptcy fillings. By providing these various property types, investors can be sure to have quite the diversified real estate portfolio right at there fingertips. One trend within the industry is the rise in popularity of the illusive tax lien. For the knowledgeable investor, tax liens can be quite the lucrative investment. Of course this all depends on the state in which the investor resides. Some U.S states are more conductive to tax lien profits than others. Some of the mo... More About: Listings , Online , Made , Profits , Easy
The Subprime Frenzy
2007-03-15 17:23:00 Lately the news has been saturated with various reports on the impact of the subprime lending industry. With the rate of foreclosures skyrocketing within the subprime arena many lenders, and the economy have taken quite a hit. According to a report from the Mortgage Bankers Association, a record high number of homeowners were facing foreclosure in the last quarter of 2006. During the fourth quarter nearly 14 percent of roughly 6 million subprime loan borrowers were defaulting on their payments. One of the main reasons for the rise in foreclosures is due in part to the higher interest rate resets. Critics also conclude these subprime borrowers were even more “susceptible” due to their less than par credit and were lured in with initial low “teaser” payments. Some of the states hardest hit by foreclosures or what is deemed as a “pre-foreclosure” seemed to be scattered throughout the nation with Mississippi and Louisiana reflecting the highest default rates followed by Mi... More About: Subprime , Frenzy , Prime , Rime , Prim
New REI Radio Show - Regular Riches Radio
2007-03-09 16:44:00 Regular Riches Radio is a new online radio show hosted by Andy Heller a long term real estate investor and creator of the Regular Riches Action Program with his partner, Scott Frank. Andy interviewed Peter Burke, a mortgage broker who specializes in loan to investors. They discussed various types of mortgage loans for investors who use different real estate investment stratregies to buy distressed properties. Peter explained different scenarios in how to obtain financing for investment properties. They mentioned the how to’s when buying through lease purchase deals and the criteria necessary for the buyer to obtain 100% financing. Peter provided valuable information for the seasoned investor who already own multiple properties and who still need financing to buy their properties. There was also a Q & A session where listeners were able to email questions to Andy and have them answered on the show. Many pertinent questions were asked by listeners regarding dealing with bank... More About: Show , Regular , Adio
The Faces of Pre-foreclosure
2007-02-26 23:24:00 For investors, there are a couple different routes to take when negotiating a pre-foreclosure investment. There is the standard “I’ll save you from foreclosure” approach, which seems to work very well. However, there is also the short sale strategy to consider. In both cases normally all three parties can be satisfied with the outcome. If a deal is finalized it really is a win-win all around- the owner leaves with their credit still intact, the lender gets back at least most of their initial investment and the investor has a nice piece of property on his hands. When dealing with pre-foreclosures it’s beneficial to get familiar with the various options involving all parties that have a stake in the property. One type of foreclosure negotiation that most investors are familiar with is the private party buy-out. With an owner facing foreclosure, the individual investor has leverage when negotiating a purchase price. For investors, it’s best to seek out the pre-foreclo... More About: Faces , Foreclosure , Sure , Fore
Secrets of Short Sales Boot Camp
2007-02-07 20:58:00 The Secrets of Short Sales Boot Camp is a comprehensive, in-depth and systematic approach to learning how to conduct real estate short sales while creating a real estate and pre-foreclosure investing business. There are 2 events being held: May 3-6, 2007 Atlanta, Georgia November 29-December 2, 2007 Orlando, Florida Register Here In addition to getting Mark’s step-by-step Short Sale system, you’ll also receive a wealth of tips and strategies that no other trainer will tell you. In other words, you’ll learn how to do pre-foreclosure deals once you go back to your own real estate market. Among the many “Insider” things you will learn during the 4-day live event are: Why banks accept discounts and how to easily spot the best deal prospects. Where to get the money when the lender accepts your deal and why your financial situation doesn’t matter! Which words to avoid using with sellers and lenders at ALL costs. The mistakes most investors... More About: Boot Camp
Gearing up for a year of heavy foreclosures
2007-01-31 20:38:00 I heard some pretty daunting figures on the radio this morning regarding the predicted foreclosure rates. The main issue here was the effects of subprime lending in what you could call some rather hasty lending practices. With the housing market bursting with opportunity it seems lenders were rushing to offer home loans to whomever qualified, which apparently was just about anybody. According to the report on N.P.R. 1 in 5 subprime loan borrowers will end up in foreclosure in the coming year. The Center for Responsible Lending estimates that those number account for roughly 2.2 million homeowners falling victim to risky subprime lending across the nation. It’ not just subprime borrowers either; the recipients of adjustable rate mortgage loans are also finding themselves in quite the bind. In many cases borrowers received high-risk adjustable rate loans packaged in an attractive low start rate. Many were approved without consideration of whether or not they could afford these l... More About: Foreclosures , Heavy , Sure , Year , Fore
New GuReview Discussion Forum
2007-01-16 20:06:00 We have created a new Disc ussion Forum for students and seminar attendees of our featured gurus to post their opinions, views and comments. Each featured guru has their own Discussion Forum which is located on their Bio page. Please feel free to speak your mind and happy posting! Sincerely, The GuReview Team
Real Estate Investing Trends
2007-01-10 17:39:00 Considering real estate investing? Or looking for the next big idea in real estate? People nationwide are continuously searching for new ways to sink their teeth into the lucrative market that is real estate investing. Before you choose your next big move in real estate be sure to analyze current market trends and choose a strategy accordingly. There are several avenues to take within the rather large realm of real estate investing. Whether you execute more traditional types of real estate investing such as buying low and flipping or accumulating rental properties, there are several profitable routes to take. Consider using a combination of strategies in order to diversify your real estate portfolio and ultimately maximize profits. One significant trend forecasted for the coming years is the rise of foreclosure investing. Due impart to exotic loans and the rise of interest rates, the amount of foreclosures nationwide is predicted to sky rocket in the coming year. Perhaps you... More About: Estate , Real Estate , Real Estate Investing , Trends , Investing |
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