There is an old saying in computer programming circles and maybe you’ve heard it before:
"Garbage in, Garbage out."
If your computer program was crap, the data results were crap. Simple as that. But this concept applies to MANY areas of life, business and relationships.
And it specifically applies to YOUR real estate business in the form of your buyer and seller leads. Because in this business, nothing happens til someone buys something.
If you have garbage seller leads, you don’t get a deal under contract. If you have garbage buyer leads, you can have the best deal in your city but not get it sold. Again, nothing happens til someone buys something.
So how do find the best short sale leads and the most willing & able buyers? Well, there are 2 ways I know of:
1. You cross your fingers or pray or just get flat out lucky. I tried that for 3 years and it didn’t work out so well for me
or …
2. You let technology do all the sifting and sorting for you. That’s what I do and the results are a LOT more predictable than crossing your fingers or praying for great leads.
Now, after a very long absence, the friend who taught me how to leverage technology in my business is going to train YOU and me this Thursday (May 7). If you are interested in hearing ways to simplify your marketing efforts and really just get the best leads coming your way, you should register for your training here: http://www.CallWithEasyHUD.com
He is one of the smartest cats I know when it comes to marketing for deals, so I am particularly interested in what he has to say on Thursday.
The call will be at 9:00pm EST/6:00pm Pacific And I’ll guarantee you’re gonna learn stuff you won’t hear anywhere else!
Learnin’ & Earnin’, Dr Daigle
Owner/Editor, EasyHUD.com
So last night I went to dinner in South Beach with a few of my entrepreneur friends (one of which has a movie coming out soon – it is like "The Secret" for Entrepreneurs. I’ll send you details when it is finally released). And for the record, the sentiment around the table was that we are all starting to feel like the economic situation isn’t effecting our different industries like the media wants you to believe. Don’t buy into the hype and keep plugging along … the results you want are right around the corner!
But what I want to talk to you about today is the "REO Rockstar of America":
Today is definitely a beach day, but before I headed out I wanted to send you a link to a video that will definitely make you scratch your head. And NO, this video doesn’t "pitch" anything …
A lot of you may have heard of my friend Preston (aka the Queen of Wholesaling … errr, i mean the "King" of Wholesaling. Sorry Preston, I had to bust your chops!). This guy came out of nowhere about a year ago and has left a trail of successful new investors in his wake.
Anyway, he has to be the most creative marketer and investor in the real estate space and he has made it his goal to keep real estate investing light hearted and FUN for all of us who may find ourselves caught up in the daily grind that can be a part of being in business.
If you aren’t familiar with this guy, this short video will give you a pretty good idea of why I consider him one of my favorite "gurus": www.EasyHUDTV.com
So turn the volume up on your computer and prepare to have your sense assaulted by the REO Rockstar of America
Learnin’ & Earnin’, Dr Daigle
Owner/Editor, EasyHUD.com
In addition to my real estate investing endeavors, i have been making a nice living from the internet as well.
I have had EasyHUD for over 7 years now and i must say, it has helped out immensely when my real estate business was having a slow month. You probably didn’t know this, but I was living in New Orleans when Katrina hit, and my real estate investing business evaporated OVERNIGHT.
Literally, one day i was kickin butt in real estate, and the very next day all my leads were under water and my investor buyers were scattered to the wind and in NO mood to buy real estate that was underwater.
Truthfully, without the income i generated from EasyHUD i would have been in an absolutely horrible position. Ever since then, i have made sure that i kept my fingers in both pies – real estate and the internet.
And that’s the reason i’m sharing something with you today is because YOU should seriously consider doing something with the internet to supplement your Real Estate Investing income.
So here’s the deal:
A good friend of mine named Perry has been making a killing with the internet for many years and over the past year he figured out a way to "partner" with Google.
Yes, PARTNER with GOOGLE.
How’d it work out for him? Well, In the first 9 months of him figuring this out he’s made just over $1.2 Million.
Like i said, I know this guy personally, so I vouch that his numbers are legit. He picks up the tab at dinner, drives sexy cars and has a wonderful house in Austin (you’ll see some of it in the video). This stuff is working out very well for him.
So if you are just getting started in real estate investing or you are an "old school" pro, i think it is prudent for you to be aware that there are some serious options for you to position yourself like i have – one finger in the real estate pie and one finger in the internet pie … and the way perry has partnered with google is the easiest way for an internet rookie to get something going.
his training is seriously good stuff and it’s only 27 bucks. I’ve invested MUCH more in internet marketing products that didn’t have even a fraction of what he teaches, so i’m readily recommending it to the entire EasyHUD community
Have you ever wondered what one trillion dollars looks like?
With all the talk about bailouts and stimulus packages – a million here, a billion there – it’s pretty easy to lose track of exactly how MUCH money they’re talking about.
$100
Let’s start with a simple $100 bill – nearly everyone has seen one, and most have used one at some point:
Ahh, hello Mr. Franklin…
$10,000
Now, lets take it a step further – a packet of $100 bills is less than 1/2 inch thick and is worth $10,000. This can easily fit in your pocket and can be used to buy a cheap car or a year of your kid’s tuition:
Vegas, here we come!
$1,000,000
This little pile of cash can easily fit into any backpack and weighs just about 22 lbs. Just in case you didn’t believe that those criminals in the movies couldn’t fit a million bucks in those briefcases, it’s very possible! You’re not likely to ever see this amount of cash in one place unless you work in a bank or are a high-level drug dealer:
What, you’re just gonna stand there? Get the money!
$100,000,000
Here we have $100 million – neatly fits on any standard pallet, weighing in at a little over one ton. You could stash this away in your bedroom and never work another day in your life. No one will ever see this kind of money in one place except Britney Spears and other celebrities:
That money isn’t going anywhere without a forklift…
$1,000,000,000
Now we’re talking big bucks… $1 billion – ten pallets worth of cold, hard cash. This is more than some countries’ GDP (Gross Domestic Product):
You wouldn’t even know what to do with this kind of money…
$1,000,000,000,000
Finally, here we are – one trillion dollars. That’s twelve zeros, go ahead and count ‘em! One MILLION million, or one thousand billion… This is just an obscene amount of money – the dollar value is more than all that are currently in circulation:
I have gotten more feedback on "Virtual" Short Sale Investing than I have ever gotten from anything else I have ever shared with the EasyHUD community.
Why?
Because even the more experienced investors are telling me it is getting harder and harder to do deals, even with the growing number of foreclosures out there.
The issue is that there is soooo much work involved with getting a short sale completed and closed that it is like
running in mud … but the "Virtual" model is all about outsourcing almost 100% of the "dirty work".
Because we filled up all the lines from the training we did last night we are doing ONE more presentation … an encore if you will.
Whether you are only considering short sales or have been doing short sales for years, this model is probably the
smartest way I have seen them done.
Get the dial in number (go to the link below), invest an hour or so with us on the phone, and decide for yourself.
Here’s a quick highlight of what we will cover TONIGHT:
-How to have the creator of the "Virtual" Short Sale system partner with you, negotiate your short sales for you and Fund 100% of your deals for you
-Exactly how the Virtual Short Sale Investing Machine buys, negotiates and sells 100% of your deals for you (without ever leaving the nice comfy chair you’re sitting in)
-How to Make more on ONE deal per month than you are making now on several deals combined
-How to avoid the need for cash, financing, or tons of experience
And don’t just take my word for it. Here’s some of the feedback we have received on the training last night:
************************************** I just wanted to let you know that I feel that the
information that you possess is so very important,
if a person wants to be successful in real estate
investing.
Keep up the good work.
Steven
**************************************
D.C. I thank you for such a great way to get
paid and I hope to be a part of it all.
L.Kareem
**************************************
Thanks DC for sharing your knowledge. I’m
waiting to get the blueprints. I need them
yesterday. I’ll definitely see you at the top!!!
Pierre
***************************************
I like what this guy is doing and suggest you get schooled tonight.
Learnin’ & Earnin’
Dr Daigle
EasyHUD.com
P.S. Sorry, no replays will be available for this so if you miss it then send me an email and I’ll see if I can summarize it for you
Thanks for all the feedback on the videos I sent you last week …
If you missed the vids or the emails about the vids, let me bring you up to speed:
An investor on the east coast has been doing “virtual” short sales and took the time to record some videos that show exactly what he is doing his deals with NO marketing costs involved (and some of these deals have been worth 6-figures to him!) These aren’t cheesy videos either – this is over 4 HOURS of good content that you don’t have to spend a dime on.
Quick summary of the vids: Video 1 – Virtual Short Sales (How-To)
Covers how/why this system is working so well in THIS economy
Video 2 – No cost marketing for more short sales than you can handle Learn how to get all the Short Sale Leads you could ever want with absolutely ZERO marketing costs.
I do know that these vids are part of a little info blitz he is doing and I don’t think he will have them up after the info blitz is done, so watch them soon
learnin’ & earnin’ (virtually!)
Dr Daigle
EasyHUD.com
There are sooooo many short sales opportunities on the market nowadays … it is like a fire hydrant. Almost TOO many deals if you ask me.
Until recently, this business involved a LOT of grunt work and manual involvement. But now there is a cat out there named “DC” who has taken this business to a new level – he’s taken it VIRTUAL ?
if this doesn’t interest you, let me say it again:
I’m not referencing Alec Baldwin in Glengarry Glenross … I’m talking about a young investor named Nathan Jurewicz.
I found out about Nate thru my buddy Preston Ely (a.k.a. "the Queen of Wholesaling" … Chico is the real King). And I reached out to Nate and his business partner Chris McLaughlin to find out more about what they were doing differently in this market.
Nate and Chris started sharing their Short Sale investing stragegy recently and almost right off the bat they got a borderline "nasty" email from an investor saying they were full of crap (his words were a little more spirited!). When I found out how he dealt with this nasty email and the doubtful investor behind it I looked at these guys in a whole new light.
I don’t endorse many people in the real estate investing world, but after watching this short video I think you will see why I decided to post about them.
Don’t worry, they aren’t trying to sell you anything in this video
I’m out here in LA for a VERY cool fundraiser for Virgin Unite where they are raising money for berbers in the Marrakech area. I am out here with my partner in crime, Cris Chico, and I swiped an article from him to share with the EasyHUD community … read on:
In today’s market, we’re watching the values of properties and portfolios hemorrhaging before our very eyes. We look at the value of the Dow, and then moments later we look at it again, the numbers can be dramatically different. Everything, it seems, is sliding down.
Remember when times were good? You could turn on the TV and it seemed like every channel had at least one or two or ten shows about house flippers who would buy homes, fix them up, and sell them again. But with today’s turbulent economy, is that even possible?
If you are curious about real estate investing, you probably have questions going through your mind like “Can I make money in this market?”, “Aren’t housing prices off?”, or, “Won’t it cost way too much to repair?”. In today’s economy, these are valid questions. And the answer is: House flipping isn’t dead. If done correctly, there are ways that you can grow a successful flipping practice even in an economy that is in meltdown.
In fact, with the right system, it’s possible to make great money even in down markets. That’s because the down market itself is helping you. Here’s how:
In good times, people can sell homes for top dollar so flippers are forced to buy homes at high prices then fix up the home to be even nicer and sell the home again, thus “raising the bar” and making the home a high value home. Let’s use an example of a home selling for $200,000 in a neighborhood of homes going for $180,000 to $220,000. The flipper buys the home for $200K and fixes it up really nice and puts it back on the market for $220K to $250K. Their profit is made in improve the value.
In tight times, many people are facing foreclosure and just want to get out of a bad situation where they cannot afford their home. Perhaps they’ve lost their job, or perhaps their mortgage rate adjusted to a higher price than they could handle. Either way, they may be willing to part with their home at a discount. So, for flippers in tough market conditions, the secret is to get homes at a discount and sell them quickly at a discount to someone else. For example, if a home is valued at $200K, the flipper might be able to buy it at an extreme discount – say $100K – and then turn around and sell it for $120K to someone else with very little work in between.
That’s the secret to flipping when the market is down. People facing foreclosure are motivated sellers and willing to sell for massive discounts just to get out of a home they can no longer afford.
Of course, there are many other tips, tricks, and techniques to real estate investing in times when the market seems disastrous, but the bottom line is: flipping is not dead. Good money can be made easily with the right system in place.
As the creator of Virtual Wholesaling, Cris Chico is helping investors realize their dreams of financial freedom through his proven & guaranteed method of finding & flipping properties in hot markets (whether you live there or not). To find FREE information about how YOU can “Invest Everywhere from Anywhere”, visit http://www.VirtualWholesaling.com today!
8 Secrets to Discount Home Prices for Real Estate Investors
Are you a real estate investor in search of great deals? Even in today’s economy, there are profitable opportunities for investors. The secret is to buy homes that people are trying to get rid of because they are facing foreclosure – and to buy these homes at a substantial discount. In this article, we’ll look at 8 ways you can negotiate a more favorable purchase price on a home simply by asking the homeowner a few questions.
1. Repairs needed. If the homeowner knows right away that there are repairs needed, that is an unstated red flag to you that the price can be lowered.
2. The age of the roof. Roofs get old and when they get old they not only leak, they also lose their curb appeal. Find out how old the roof is and even if a home’s roof doesn’t yet leak, an older roof will need to be repaired soon.
3. Furnace and AC. Ask about the age and condition of the furnace and air condition. These units are expensive to remove and replace so if they are original to a home that is a decade old or more, it could mean an easy way to shave a few thousand off of your offer.
4. Electrical system. Ask the homeowner about whether the home uses circuit breakers or fuses. If the home is still on fuses, that is a sure sign that the electrical system is outdated and in need of an upgrade.
5. Plumbing. In some neighborhoods, steel pipes were used in the initial construction. The problem is, steel pipes rust and need to be replaced with PVC pipes. Ask about the plumbing and find out what it is made of.
6. Unusual construction. This may require a little more legwork and experience within a single neighborhood, but it will pay off: if you find a home that is slightly different in some way than the rest of the neighborhood – say, a metal roof in a suburb of shingled roofed homes – you should be able to negotiate a lower price because the one home is not like the others.
7. Speed of the deal. In many cases, you offer an advantage over the seller listing, presenting, and selling their home on the market: You offer a fast, guaranteed sale (compared to a slow sales process that might fall through if the home is listed on the market). In a way, this is a kind of “service” that can be attractive to motivated sellers.
8. Cash payment. In regular economic times, we rarely pay the full amount up-front for a home. We use mortgages and loans. But a seller who has fallen on hard times will respond positively to a full cash payment of the home’s selling price, and that is a sure way to secure a discount.
No matter what the economy is like, getting a discount on a home is an ideal situation for real estate investors. These 8 tips are just a few of the many techniques you can use to lower the purchase price of your investment which will ultimately give you a better return on your investment.
As the creator of Virtual Wholesaling, Cris Chico is helping investors realize their dreams of financial freedom through his proven & guaranteed method of finding & flipping properties in hot markets (whether you live there or not). To find FREE information about how YOU can “Invest Everywhere from Anywhere”, visit http://www.VirtualWholesaling.com today!
