Rapid Real Estate Investing Results

Did you realize there have already been 103 failed banking institutions in the United States this year?

They always happen on Friday… so expect to see a few more tomorrow.

I have been projecting out to the end of the year that we will have at least 180 failed banks for the year.

Is that a high number?

Let’s explore it.  Below is a link to the FDIC website where they list all of the failed banks for the past 10 years.  It’s a little bit top heavy don’t you think?

http://www.fdic.gov/bank/individual/failed/banklist.html

I will break it down by year because I haven’t done that for a while.

Year   – Number of failed banks

2000 – 2

2001 – 4

2002 – 11

2003 – 3

2004 – 4

2005 – 0 (Yes that’s a Zero)

2006 – 0 (Another big goose egg!!)

2007 – 3

2008 – 25  (UH OH!!)

2009 – 140 (YIKES!!!!)

By July 24th in 2009 – We had 64 banks shut down

This year, by July 23rd – We have had 103.

Maybe you think things are slowing down a little now?…  They aren’t.  You watch.

By the end of 2010, we will have at least 180 failed banks… maybe more.  Here is a little more detail about this year’s stats.  You will notice that we aren’t slowing down, staying pretty steady if you ask me.

Month – # of bank failures in 2010

Jan – 15 Failed banks
Feb – 7
March – 19
April – 23
May – 14
June – 8
July – 17 (None just prior to the July 4th Holiday and we still have one more Friday to go as I write this)

Do you think the FDIC is concerned about this… or about the perception of the public?

I’m going to tell you that they absolutely are.  Do you remember in October 2008 when the FDIC bumped up the FDIC Insured Coverage amount for deposits from $100,000 to a whopping $250,000?  That was directly related to consumer sentiment about the stability of our banking system.  It was a temporary measure to increase the coverage.  They had said at the time this would be lowered back down on Dec. 31 2010 – projecting the crisis would be over by then.

Guess what… they just made it permanent.  Well, actually it was made permanent by the “Dodd-Frank Wall Street Reform and Consumer Protection Act” signed on 7/21/2010 by the President, see the press release below.

http://www.fdic.gov/news/news/press/2010/pr10161.html

So, who are these banking institutions that are failing?  Well, they are NOT the big banks.  You know, the “Too Big To Fail” banks like Bank of America, Citi, Chase, Wells Fargo.  Nope, these banks all got their whopping tarp money and are making a TON of money off of zero or nearly zero interest loans from the FED.

The banks that are failing are YOUR neighborhood banks.  You know, the one’s with only 2 or up to maybe 10 branches.  Those are the majority of the failures.  This is all getting swept under the mat on the news.  Nobody is even covering it.  Why is that?  Do you think they are being told to “Pipe Down” about the bank failures?

This would be newsworthy in any other year.  For some reason, the news media does not care about it.

Well, I have an idea for you.  Go talk to your local bankers and let them know what you do.  See if there is a fit for you to help them or some of their clients.

If you are a Realtor, maybe you can help them with their marketing.

If you own a landscaping company, maybe you could help them clean up their REO properties to give them some curb appeal.

Are you a contractor?  See if you can do some work on the houses to make them show better on the inside or outside.

If you are out of work, there IS work to be done.  I’m totally serious!

Maybe, if the bank won’t pay you upfront, you could do a little profit sharing with them or negotiate with them to get paid when they sell the property.

Or, if you have no work right now, maybe you could use one of these properties as a showcase of your talents.  Create a history book of the property, what you did and how it turns out.

What if there was a way that you could not only help your local bank get out of trouble, but also help the local property owner get new funding?

Check this page out if  you are interested in becoming a commercial real estate hedge fund originator.  What’s that?  Go read the report on this page… You have to opt-in to get it, but it’s a great read and will explain what I’m talking about.

There is a lot of work ahead of us all to get this economy going.  Housing is a huge opportunity, but start out slow if you are just getting going.

Technorati Tags: Bank negotiation, commercial real estate, investing education, real estate investing

I have gotten many requests from folks looking for “Affordable” website solutions for their Real Estate business.

While I offer the ability to list your properties on one of my sites, many folks do NOT have their own site where they can “Hang Their Shingle”.

Well, I have a solution for you…. almost.

I’m getting ready to release a practically FREE website solution for you and your properties.

I’m still working through the details right now on how to deliver it to you properly and I’m testing some things out.

If you would like to be notified when it’s ready and possibly get a free preview, get registered for my free property listings site here.  I will notify you from that mailing list.

Technorati Tags: Free Real Estate Websites, real estate investing, Wholesaling Real Estate

Whether you have been in real estate for a while or are just getting started, identifying your target market or “Farm Area” is critical to your success.

Many real estate investors and Realtors alike will advertise that they can “Do it all, Anywere”.

I’m sure you’ve seen the ads.  “We Buy Houses, Any Condition, Any Area”.

Well, guess what, I’m hear to tell you that they don’t really do that… at least not likely.

That’s merely a marketing campaign to get people to call you.  The thinking is that if you have enough deals coming in, you will find the “Diamond in the rough” and be able to make a deal out of it.  This is simply horrible advice…. here’s why.

1. It’s a complete waste of your time to target a market you have absolutely no intention of purchasing a home in if your an investor or listing a home in if you are an Realtor.  If you get 100 calls and only 10 of them are from people in the area you really want to focus on, you have just wasted 90% of your time.  It takes time to triage those calls.  Yes, even if they are just voicemails.  You still need to listen to them and figure out if they are a potential prospect.  If they don’t leave you any details on the voicemail, then you need to call back and get the details, further wasting your time.
2. Waste of Money – This is also a waste of your marketing dollars.  Wouldn’t it be better to be specific and target an area that you actually do want to buy in?  Now… to be sure, if you have rehab buyers that you can count on, and they want properties in a particular area, by all means, market to that area.  But, again, be focused.
3. Again, waste of your time….  The only good I can see coming of this is learning how to screen callers.  Unfortunately, you might get so frustrated talking to people that don’t own in the area you really want to target, you might stop your marketing all together.

If you don’t know what area you want to target yet, use the following site to look up date about your potential target market.  Punch in a few zip codes and find housing price trends by quarter.  It’s a pretty cool free site to check out.

http://www.city-data.com
Also, if you would like to be notified if I EVER have a potential deal in your area (I get many coming in from my websites that are NOT in my target market) join my real estate buyers list.   I have a very cool tool that I use that allows other investors to see that I have a potential buyer for one of their deals.  So, while I’m in Ohio and you might be all the way out in California or Arizona, I still might be able to help you find a deal that you had NO idea about.  Many of these are likely off the radar type deals, not on the MLS.  Properties that need to be moved quickly and not left to languish on the MLS.  Since they need to move quickly, there are some extremely good deals available only if you get on my buyers list.

http://www.Ohio-Homes.net

Gotta run now.

Leave me some feedback on the post below.

Technorati Tags: Choosing your target market, investing education, real estate investing, Wholesale real estate

I don’t just blog about real estate.  I am in real estate everyday, buying, selling, leasing and rehabilitating properties.

We currently have several properties available on our sites below.

You can download a free report on how to buy a home on Lease Option by going to this site.

http://Butler-Homes.com – Homes in Butler County Ohio, West Chester, OH, Liberty Township Ohio and specializing in the Lakota Local School District.

We also are a residential redevelopment company.  If you would like to learn about why buying a home from a residential redevelopment company may be a good move for you, check out these free videos on the topic.

If you want to have the most up to date list of the hottest low priced homes, you should check out this free report as well.

http://ButlerRTO.com – Access to hundreds of below market homes, also specializing in the Lakota School District, but serving the entire Greater Cincinnati Ohio area.

I also work very closely with a real estate agent that can get access to every property on the Greater Cincinnati MLS.  Some of these may be available for lease purchase, some may be available for rent.  You never know until you ask.  My agent is not shy about approaching a home owner or another agent to see if the client would be interested in Renting or Lease Optioning a home.

Good luck with your search.

Technorati Tags: Homes in the Lakota School district, Lakota School Lease Purchase, Lease Purchase Home

When will the bank failures end?

On Friday, July 16th, 2010, the FDIC announced 6 (SIX) more bank failures.  We are currently up to 96 failed banks for the year and we’ve barely passed the half way mark.

For the record, if you haven’t been paying attention to this trend, last year we had 140 failed banking institutions… that was for the whole year!

If we stay on the current pace, and I’ve mentioned this before, we will close out 2010 with a whopping 180 failed banking institutions!

If you don’t think the banks are motivated to deal real estate, you are completely wrong.  They just can’t let on that they are.

The bank executives and negotiators are motivated just like you are motivated when you have an investment property to sell or lease.  It’s a game of cat and mouse though.  They can’t let on how motivated they are because then the sharks start circling.  They MUST cover up the blood in the water as much as possible and paint as rosy of a picture as they can, otherwise they will be finished MUCH faster than anyone wanted and it will not do your community any good to have more failed institutions.  It puts people out of work and lowers the number of lending institutions.

To be VERY clear, I do NOT wish harm on any of these banks or bank executives.  My point is, they need to sell and if  you can present a deal that makes sense and that they can live with, they WILL do the deal.

You will NOT get anywhere if you walk in like you are all high and mighty and expecting them to bend over for you.  It’s not going to happen.  They will usher you out the door faster than you walked in and likely will NEVER do business with you.  Show your local banker some respect.

Build relationships with them and let them know what you can do to help them out.  They may just let you know about a property they are having trouble moving and then you can continue to build your business relationship from there.

If you would like to have a free report to see how you can work with some of these banks to help negotiate loans and get funding through groups that ARE lending, go check out this free report I have for you.

http://MyRealEstateFunding.com
Take a look at that report and we will have a webinar you can watch for more information.

Happy and Profitable Investing.

Technorati Tags: Bank failures, Bank negotiation, real estate investing

If you’re one of the few who hasn’t embraced and
jumped onboard the SIMS 2.0 or SMP program, then
there’s obviously something substantial holding you
back.

Maybe you have doubts about the program.

Maybe you have questions that you still need answered.

Maybe you aren’t ready to throw down $2k or $4k today.

Maybe you already spent $30,000 for your own custom
marketing, lead generation, cash buyer list getting, seller
laser targeting system…

All are valid reasons for not signing up yet, which is
exactly why there is a brand new payment plan.

I’m hosting a short webinar Sunday night to explain it all.

http://rapidreiresults.com/sellpoint

This will allow you to give the training and technology a great test drive without having to spend all of the money upfront.

Sign up here
http://rapidreiresults.com/sellpoint

I’m not telling you that I think you should sign up for
SIMS 2.0 or SMP because I think Greg’s a cool guy
and I want to see him sell a bunch of this thing.

I’m telling you that you should sign up for
it because I’ve seen what it
can do to transform businesses.
I see it in my own business everyday.

Greg and Jeff are geniuses when it comes to marketing
businesses (and anything else) online and I’ve seen
how SIMS can take a business and catapult it to
major success in a short period of time.

And with the SMP program, Greg’s team is even going
to take care of the legwork for you.  I’m telling you, this
is a program that can take your business to heights
that you didn’t know were possible.

Get all the facts here
http://rapidreiresults.com/sellpoint

So if you still have questions or were waiting to see if
they opened up a payment plan option, the time is now.

Greg will go over everything you need to know on
tomorrow’s NOON webinar (that’s eastern time).

Sign up here

http://rapidreiresults.com/sellpoint
P.S. If you can’t make the webinar,

You can just go straight over here and view a great video

that explains it all.

You are still eligible for my bonuses, just let me know
after you pick it up from the link below.
http://rapidreiresults.com/mkt

P.P.S.   I’m planning a property
launch for next week right now for a home
I’ve had some trouble getting interest on.
The thing is, I’ve been capturing leads for the
past several weeks for this property specifically
using many of the methods taught in SIMS and
the leads were ALL captured using the SIMS
technology.  I’m talking about at least hundred leads over
the last several weeks!

How many calls and e-mails did you get in that time?
What are you going to do to follow-up with them when you
find what they are looking for?
Can you monetize your list even if you don’t
have a house for them?  I can and they are all neatly and
automatically organized in my SIMS database.
99% of them I have never even spoken with.

I know that once I go through the property launch
formula, many of those leads will show up with
much more interest and there’s a very very good
chance I will find a buyer next weekend.
How do I know, because I have done it before
and it worked then and it will work now.

Sign up here for the webinar
http://rapidreiresults.com/sellpoint

Technorati Tags: Is SIMS A Scam, Real Estate Lead Generation, SIMS Pament Plan, SIMS Review

I’m hosting a webinar tonight for you to revolutionize your real estate business.

http://rapidreiresults.com/sellpoint

- How To Inject Your Real Estate Business With Lead Generating Adrenaline Using The Internet to Do (Very Little) Work Once, And Get Paid Forever!

- Using “I-BOTS” to DOMINATE your local real estate market to find hundreds of deals, locate private lenders, and sell properties in as little as an hour…

- Using the LARGEST social media platform to become THE recognized AUTHORITY in your market. You can do this with NO money and just a few minutes of your spare time!

- Why video is the most powerful TRAFFIC AND CONVERSION tool ever created… and how to use it for YOUR Traffic and Conversion.

http://rapidreiresults.com/sellpoint

Technorati Tags: real estate, real estate investing, Wholesaling Real Estate

If you have a property you need to sell, you should post it on my site.
It’s specifically designed to help facilitate Wholesale real estate deals.

The site is highly search engine optimized and has several people driving traffic to it
on a daily basis. Many rehabbers in several different areas are registered users.
I’m working on spreading it out across the U.S. to make it a go to site for
finding rehab properties and for selling them.

Got a junker property? List it here – get registered
Need a junker to fix up? Find it here – get registered
Want a light rehab to rent out? Again – Get registered
Just want to browse? Go for it – get registered

Why register?
So we can send you updates when new features come out and
remind you when we list a property to go look at it.

===>  Get started by clicking here.

Technorati Tags: investing, real estate investing, Wholesale real estate, Wholesaling Real Estate

If you do a property launch the right way, you will build your buyers list by 100-300 buyers per launch or more.  These are buyers that are VERY interested in the type of property you have to offer.

Not only that, then you have a list of buyers you can show other properties to.

This is a way to stack your property sales one on top of the other.

You have to do this the right way though for it to work correctly.

I have done several of these on my houses over the last year and it really does work.

If you would like to hear all about how the property launch formula works, you need to check this video out.  It’s available as soon as you register for the webinar that we are holding on Monday.

Go to this link right now to learn all about how to build your buyers list fast, sell your property fast and get top dollar for it while doing so.

The other real estate investors and real estate agents in your area will be left confused and not knowing what just happened right under their noses.

If you are in real estate in any capacity, you do not want to miss this video and webinar.

http://rapidreiresults.com/mkt

Technorati Tags: investing, investing education, real estate investing, realestate, Wholesaling Real Estate

OK, two very important things:

FIRST, you only have a few hours left to get Sellpoint
for free.

This is the crazy cool software from my marketing team
that will turbo-charge your listings and SYNDICATE
them out to 40 super-powerful sites.

Now we all knew that Sellpoint was too good to
remain free… but I thought we might have a little
longer.

Turns out it’s been so popular that they are shutting
down the free accounts on Thursday, July 8th at
midnight.

This is the link to get your account:

http://RapidReiResults.com/sellpoint

SECOND, there’s been some confusion about those
free Sellpoint accounts.

Some people seem to think the accounts aren’t
REALLY free, or you need to refer additional people
into Sellpoint to get a free account.

Both of those rumors are FALSE.

This is the REAL deal:

1. You can get Sellpoint for free for 2 full years. All
you have to do is sign up.

Period.

End of story.

Click this link to sign up and register
http://RapidReiResults.com/sellpoint

2. You can also get a LIFETIME free account if you
refer three people who are also in the real estate
business into a free Sellpoint account (before it’s taken down on Thursday.)

It’s that simple. Just go here to get started:

http://RapidReiResults.com/sellpoint

To Your Success,
Marshall

P.S. They say the best things in life are free…
and I totally believe that.

But the best things in your Real Esate business
definitely are NOT free. Except Sellpoint… but
this one’s only free until Thursday at midnight.
So be sure to act now:

http://RapidReiResults.com/sellpoint

Technorati Tags: real estate investing, Wholesale real estate, Wholesaling Real Estate