Cris Chico and the crew over at Virtual Wholesaling spilled their secrets and named names on how to find good real estate markets. The list of names is long, but the secret is simple: research.

The depth of research can make all the difference on whether you make it or break it in real estate, and it’s not as simple as looking over a house and thinking it’s pretty. If you’ve got a market you’re looking at, do the research:

• Check with mortgage lenders. If a mortgage lender says, "We wouldn’t give a 100% loan," you might want to think twice.

One of the mortgage lenders that Virtual Wholesaling suggests to their trainees is Countrywide. Countrywide is the largest mortgage lender in the nation, with several statistics on which way the markets are going. If they refuse to give a 100% loan in a specific market, you can bet that, unless there’s something the pros don’t know (a shopping mall being built nearby, for example), it’s not the best market to invest in.

• Check with mortgage insurers. Again, private mortgage insurers make it their business to know the market trends, and if they say they wouldn’t invest or insure, you might want to rethink the possibilities.

What lender and insurer does Virtual Wholesaling suggest? The two major ones are MGIC, the Mortgage Guarantee Insurance Corporation, who insures things for over 5,000 lenders, and PMI Group, the Private Mortgage Insurance Group, who is the second largest US based mortgage insurer.

Specifically, however, they suggest looking at the MGIC Restricted Market Guide. MGIC will tell you where they won’t loan in a restrictive market, or if they’ll insure the mortgage in that area. Then, you’ll have to make your own decisions based on whether something falls on the restricted list again or if you know something special about the area.

Another guide under MGIC is called the soft and weak market index. MGIC has a guide for several large metropolitan areas that show you what the housing prices are doing in a particular area. If you’re going to invest in particular market, make sure the trend over the last 12 to 18 months is flat, slightly increasing or slightly falling. If it rises or falls by more than 5% in 12 months, it adds volatility to the mix, making it an unsteady market.

Whatever market you choose, don’t be disheartened if it doesn’t work out. Learn from your experiences, move to another market, and apply what you’ve learned!

5 Ways to Build a Buyers List
by Cris Chico, VirtualWholesaling.com

Building a buyers list is not about finding buyers for a property you already have – it is about preparing a comprehensive list of prospective buyers for properties you may have to deal, either now or in the future.

So to find a buyers list, you will want to use many different methods of locating interested parties and many of them, so you can get started creating a comprehensive database of investors that you can market current and future properties to.

How to Build Your Buyers List

Searching the Classifieds

There are a number of various tips and tricks you can use to find buyers via classified ads. Sometimes buyers let themselves be known. Others are currently selling properties but have various tells that imply they are also prospective buyers (a simple phone call will let you know if your hunch is correct). Classified ads are a good way to find buyers in almost any area across the country and beyond.

Posting Your Own Ad

Potential investors are always interested in the next property. Post an advertisement on various classified advertisement websites, craigslist, and any other space that can be noticed by that potential market and you are very likely to find respondents interested in what you have to offer them.

Contacting Real Estate Groups

There are real estate groups that are prime locations to spot potential buyers. If you can get hold of a member list, you can contact them each individually or try to arrange a get together in order to gain rapport and peak their interest.

Direct Mail

One very effective way of locating possible buyers is to find information on investors who have purchased a home yet keep it vacant and send them letters and postcards in the mail explaining what you have to offer and enticing them to listen to a more in depth sales pitch in the future.

Personal Website

Finally, another method of finding prospective buyers is to create your own website and find ways to bring buyers to your site. You can have a forum for discussing the latest real estate information, or you can advertise properties you already have (with the intention of finding people interested in future properties). Or you can simply advertise yourself, what you have to offer and what partnering with you will bring them in the future. A personal website is not always the easiest way to find buyers, but it can be just as effective as any other method when marketed correctly.

Less is Not More

The more buyers you can find, the more likely you will succeed in the industry. As such, use whatever methods available to ensure that your buyers list is long and extensive.

The Story Of The Two Flippers
By Pre$ton Ely

Once upon a time, there were two real estate wholesalers.  Flip and Skip.  They lived in a small town called Flipville.  Flipville, USA. 

Life was good in Flipville for little Flip and Skip.  They were both really good at flipping houses.  They would flip houses all day long.  Then they would meet at a local bar, give each other a high five, and drink a beer.

Life was good.

Then one day, Skip made what turned out to be a disastrous mistake.  He bought a t.v. and started watching CNN.

You see, unbeknownst to Flip and Skip, the country was in a recession.  But they didn’t know that.  And like the complete idiots they were, they just kept right on doing business as usual, flipping houses every day and meeting at night for a high five and a beer! 

But this was all about to change. 

As fate would have it, Skip didn’t show up at the bar one night.  Flip sat there by himself all night long.  And it sucked because he had to just high five himself because the bartender was a jerk and wouldn’t play along. 

Flip was temped to get upset about the whole thing, but he didn’t.  He tried, but no matter how hard he tried it didn’t work cuz he was too happy about all the houses he flipped that day. 

→ Click Here To Flip Houses In A Recession Like Little Flip! ←

“Oh well,” thought little Flip as he walked home.  “It’s Skip’s loss.  We’ll just have to do TWO high fives tomorrow night.”  He laughed himself to sleep.

But tomorrow night came.  And Skip was nowhere to be found.

And the next night came.  No Skip.

This continued for two weeks.

“That’s it, I’m pissed,” thought Flip.  “I’ve high fived myself 14 nights in a row.   This is getting ridiculous.  I’m going over to Skip’s house to do my dang high five the right way.” 

Flip punched the bartender in the face for not ever high fiving him, then turned and  stormed out of the bar.  Flip was a nice guy, but sometimes even nice guys need to stand up to injustices. 
The walk over to Skips definitely sucked bad.  It was like 19 miles or so, and he started getting a cramp from whistling too much while he walked.  He knew if he stopped whistling his cramp would probably go away, but he just couldn’t stop himself.   He really loved whistling.  And in case you’re wondering, there are no such thing as cars in Flipville. 

Eventually, Flip limped up to Skip’s driveway (which was weird because there’s no cars in Flipville). 

“What the heck is Skip doing with a driveway,” whistled Flip.  “Oh well, who cares,” he thought as he crawled up towards the door in excruciating pain from his cramps.  “I’m just happy to finally be here.  I wonder what Skip is doing.”

As Flip made his way to the door, his stomach sank as he caught the reflection of the most perverted thing you could ever imagine bouncing off the picture window…
Richard Quest reporting live on CNN!!!

“WHAT IN THE HECK IS GOING ON???” yelled Flip as he barged through the door. 

And there lye Skip on the Lazy Boy. 

Unshaven (which was nothing new, but still..). 

Drooling (definitely new). 

Eyes glazed over … just staring at the screen like a zombie.

“Come on in, Flip,” Skip said lackadaisically.  Pull up a chair.  You’re never gonna believe what’s going on with the economy.  We’re in a recess.  No one is making any money right now.  It’s all over.  We can’t flip houses anymore.  No one will ever buy them.”

Flip couldn’t believe what he was hearing.  I mean, he knew Skip wasn’t the brightest star in the sky, but this was just a whole new level of stupidity that he was surprised even existed in a living human.

“I flipped 19 houses today you freakin’ idiot!” yelled Flip as he smacked little Skip straight off the Lazy Boy.  And we’re not in a “recess” either, jackass.  I’m pretty sure that’s not even how you say it. 

→Click Here To Discover The SECRET To Flipping Houses In 2008! ←

Now, Skip, you’re not gonna like this very much probably, but it’s for your own good.  You’ll thank me later maybe.”

At this, Skip watched with a look of horror in is eyes as Flip bounced off the couch, flew through the air like a Pokemon, and karate kicked the tv straight out the picture window and onto the driveway.

“Why do I have that driveway?” thought Skip. 

Then Flip smacked Skip straight across the face.  Again.  Hard.

“Skip, you are getting stupider and stupider by the day.  Why in the heck did you buy that dumb tv?  Worse yet, what were you thinking watching the NEWS????  And on CNN of all stations! 
Don’t you realize that your mind has no choice but to give you what you put IN it?  If you start listening to a bunch of stuff about a recess, you’re gonna become poor, just like you’re doing right now!”

“And if you put Richard Quest in your mind, you’re gonna turn into a crack head with a rope tied from your neck to your testicles standing outside in Central Park with a sex toy in your socks looking like a complete tool!  Google it if you don’t believe me.  Is that what you want???”
Skip thought about it.  He definitely did NOT want to tie anything around his testicles.  And he was starting to get hungry.  Ever since he started living in a recess he hadn’t had any desire to go out and flip houses so he was totally broke. 

“Flip, you’re right.  I’ve made a huge mistake watching the news about this recess.  The pretty people on the screen were just so convincing that I figured it MUST be true.  I figured they must be smarter than me since they’re the ones on tv.  So I just started acting that way and it BECAME true for me!  What a moron I’ve been!  Thank you for coming to rescue me!”
“You’re welcome, Skip.  Now, take this house I bought today and go flip it to one of the OTHER people out there like us who don’t give a crap WHAT that stupid tv says and are just doing business as usual because they’re not total puppet-robots of the media like you started to be for a second there.”

So Skip went out and flipped the house to one of the other non-suckers in less than 17 minutes.  He felt better, but something was still missing.
“I know what it is,” thought Skip. 

He grabbed Flip, ran down to the bar, did a high five and drank a beer.  His sense of sanity was immediately restored.  Then he beat the bartender up for being so mean to Flip while he was gone.

The End.

Greetings from Virtual Wholesaling HQ!

I am sitting in Chico’s office in Ft Lauderdale
finalizing the details for the next Virtual Investing
Seminar which starts THIS Thursday in New Orleans and
I noticed that we STILL have people registering to
attend VIS3 and it got me to thinking …

There are definitely some investors out there who
have the freedom of time and freedom of location to
say "What the hell, I’m gonna go for it!" and join
us for a life (and business) changing experience that
we like to call Virtual Investing Seminar.

So if you are a decision maker, here is your LAST
chance to join us as we walk you, step-by-step, through
every single thing you need to have your Virtual
Wholesaling business up & running and have pre-screened
motivated sellers calling you to buy their properties.

Need buyers? While at the event you will put in place
everything you need to do to automatically build your
buyers list of folks who are buying in TODAY’S market.

I could go into exhaustive detail, but by now you have
probably gotten emails from me about what we are doing
in New Orleans. Maybe you have even listened in on a
webinar or 2 where we taught you exactly why this
investing methodlogy is so successful. Maybe you have
even become a member of VirtualWholesaling.com.

Regardless, if you want to get involved the time to
make a decision is NOW. And to make the decision easy
for you we are going to let you attend for the same
price that we have offered our best clients - $495.

Keep in mind that this price won’t include all the
bonuses that came with the higher priced tuition,
but at least this way you get a chance to see what
this is all about and how it can improve your business,
quality of life, and bank account. But you must HURRY
because the event starts on Thursday!

Ready to pack your bags and join us in New Orleans?
Then register for the event here:
http://tinyurl.com/6qak95

See you in New Orleans!

Learnin’ & Earnin’ (Virtually!),
Chris Daigle
Owner, EasyHUD.com
Founder, VirtualInvestingSeminar.com

P.S. If not now, when? This is your chance to finally
own a business rather than have your business own YOU!

All I can say is that the webinar we did on Tuesday night
opened a can of worms. If you missed the webinar, don’t
fret because we are going to re-do it on Tuesday, May 27
at 900pm (but this time it’ll be much shorter: 30min max)

If you want to see what you missed (a rant from Cris Chico
on the one thing seperating successful Real Estate
Investors form UNsuccessful ones) you can register here:
>>> https://www1.gotomeeting.com/register/226680780

Now, here are the answers to the most common questions
we were asked after the webinar:

Q: I am already a member of VirtualWholesaling.com. The problem I am having is getting through it and understanding it well enough to implement. At the Virtual Investing Seminar will I be taken through the program in a step by step fashion so by Sunday it will be clear and I can get going?

A: Yes, Thurs-Sat will focus solely on walking you through the exact steps necessary to have your entire Virtual Wholesaling business up and functional in as little as 30 days

***********************
Q: Will Cris Chico be doing all of the teaching? If not, how much time will he spend teaching?

A: Chico will be doing 80% of the teaching. The other 20% will be taught by our coaching staff and 1 or 2 other experts.
 
***********************
Q: If there will be others, who else is presenting and will they be selling their products?

A: there are only 2 people selling anything during the main event:

Gary Boomershine, from SalesTeamLive.com. They are are our recommended resource for managing all of your marketing for your VW business. Although Gary’s software is by no means necessary to be successful we find it is a very helpful tool for those investors who want to further automate their marketing.

Dan Stojadinovich will be teaching the elements necessary for an effective Virtual Wholesaling website. We have worked closely with Dan to craft websites that have every element we require to complement our investing methodology.

**********************
Q: Are there other products Cris will be offering and if so, how much time will be spent on this?

A: We will be discussing our implementation assistance program, the Rapid Success Program (RSP). We discuss this over lunch which is optional.

**********************
 
Q: I understand that SUnday is a "bonus day". To help me plan if I should stay for Sunday, please tell me who is on teh agenda.

A: Andy Proper from RoboticBirdDogs.com will discuss how he has virtualized the hiring and training of his bird dog "army"

Colin Egbert and Sam Bell will share additional ways to use Web 2.0 and Social Networking to generate leads and sell properties

We have 2 slots open in Sunday but we aren’t sure who will fill them
***********************
 
Q: I have been to other seminars and was disappointed to discover that just as much time is spent on selling as they do on providing content. This will be an expensive weekend, including air fare, hotel, and reg and I want to eliminate any surprises.

A: This is NOT a "pitch fest". It is focused on walking you through a step-by-step implementation with the end result being that you  have an exact gameplan on getting our Virtual Wholesaling students up and running. The event is built around our implementation methodology that has been successfully used to get clients fully implemented in 30 days.
************************

The event is 35 days away and we will hit our capacity well in advance, so if you have any questions that need to be answered in order for you to decide if you have what it takes to join us, please go to www.AskaVirtualInvestor.com and submit them ASAP.

Otherwise, have an awesome weekend and we will talk to you again on Tuesday night!

Learnin’ & Earnin’ (Virtually!),
Chris Daigle
Owner, EasyHUD.com
Founder, VirtualInvestingSeminar.com

P.S. If you are ready to start seeing the same results
we see in our Virtual Investing business, you should go
to https://www1.gotomeeting.com/register/226680780 to
get a spot reserved (we filled up the last one and people
got pissed that they couldn’t listen to Chico’s rant!).

 On Wednesday, May 7th at 9pm EST/6pm PDT, join me and my friend Mark as he teaches you how to make sure you NEVER offer more than you should for a property again! To register for the FREE webinar training, JUST GO HERE.

Mark is a licensed Real Estate Appraiser and Full Time Real Estate Investor who is going to show you the exact tool that has been developed for the EasyHUD community so that we can all have access to the same data HE uses to determine what a property is REALLY worth.

You will definitely kick yourself if you don’t join us for this one-time webinar!

I wanted to share this video with everyone because I owe it to one the city that I called home for so long …

There are still lots of folks in NOLA that could use help because they lost everything. I know that lots of you may think that "enough is enough" when it comes to Katrina, but unless you’ve been to New Orleans before and then AFTER the hurricane you probably have no idea what happened to that beautiful city.

Enough of the soapbox … here is a video of Matt Bacak, an internet marketer extrordinaire, who just flew to the Big Easy to make a donation to Habitat for Humanity:

On Monday April 21st at 900pm EST, you are going to have a very rare opportunity to have Cris Chico manage the implementation of the most responsive Real Estate investing method on the market today.

You may have gotten an email from me last week talking about how I was overwhelmed with motivated seller leads from a small Virtual Wholesaling campaign I had launched in Texas. The savvier readers started responding to my email with one burning question … "How can I get the same results?". Well, this video will explain everything you need to know to do just that - simultaneously build a rabid buyers list and generate overwhelming amounts of motivated wholesale deals and leverage technology to manage 90% of the work for you (and use Virtual Assistants to do the other 10%)!

To get registered for Cris Chico’s webinar, GO HERE NOW

To find out more about the opportunity, please email Charles@EasyHUD.com! Let us know a little about YOU. We are interested in your experience (both in and outside of the Real Estate world), where you live, what you like to do … pretty much tell us about who you are so we can make sure we are a great fit for each other.