Rapid Real Estate Investing Results

My friend, Kenny Rushing, is giving away 3 free and clear houses just for checking out his BULK REO Trader program.

How many free and clear houses would YOU need in order to ride off
into retirement?
The magic number I have always heard was 10 free and clear houses…

Is that number good for you?  What’s your number?

So… what is a free and clear property?

Free and clear simply means there is no debt on the property.
So, all of the rent is coming in and going to property taxes,
repairs and then into your pocket.
When most properties only clear a few bills per month when managed
correctly, if you have no mortgage payment
that makes things work much easier.

Could you get there other ways?  Well, of course.  There are so
many ways to get there it is hard to list them all.  However,
housing is a basic need.  That’s why affordable housing is such a
strong investment but you MUST buy it right.  You can’t pay retail
for ANY investment.

Smart stock traders know this.  The smart one’s buy low and sell
high.
The stupid ones buy when prices are getting closer to peak value
and then end up selling on the downside.  So, they buy too high and
then they sell too low.

With credit markets being so tight right now, everyone that is
selling is taking a big hit… including the banks.  It does NOT
matter what asset class you are interested.
If you have capital, you are in good shape because you can hold on
until pricing recovers AND you can purchase now at deeply
discounted prices.

There are tons of people that MUST Sell in any market.  It happens
because life happens.  Even in the best of times, there are some
sweet deals made because people don’t want to go through the time
and trouble it takes to improve a property so they can get the most
out of it.  So, they take a discounted sale price just so they can be
done with it.  Those are the every day deals.

Combine those with a massively distressed real estate market and you have a
perfect storm of properties flooding the market.

What if you could get a property with no mortgage right NOW?
A friend of mine, Kenny Rushing that runs a hedge fund called “Rush Capital Fund” focusing on Bulk REO pools
gets those types of deals all of the time.  He is about to start a
coaching program to show others how to do this.
To help wet your appetite,
he has decided to give away 3 houses just for taking a look at what
he has been doing.

Think of this, how many people buy lottery tickets?
What is your chance of winning there?
Pretty slim right?  Well, here you don’t even have to purchase a
ticket.
Kenny Rushing is going to give 3 of them away and you get a shot at it just for entering your e-mail address.

http://rapidreiresults.com/house

Just check it out below and there is also a great way to greatly
increase your odds of winning one of the houses.
(They aren’t beat up junker houses either).

He is giving away 3 houses… Yes, you could win a house with no
mortgage on it.  Go check it out below.

http://rapidreiresults.com/house

I really can’t believe you are still reading this (unless of course
you already registered – I have no way of knowing that).

Maybe you don’t like to win things?

Heck, maybe you don’t like to learn new things?

Get out of your comfort zone and learn some useful information.

Get in the house giveaway here:

http://rapidreiresults.com/house

What could you do with a house with no mortgage on it?
Flip it quick to pay off some big bills?
Hold onto it for a while and collect the rents?
Hold it for 40 years and use it for retirement?
Hold it for a year or two and trade up later to a bigger, better
property, perhaps a multi-family building?

P.S. I will be hosting a webinar soon to show you how to use your
retirement funds to invest in real estate without getting a penalty
from the IRS.  Can you imagine how quick you could build your IRA
if you could flip a few deals in your retirement account…
especially in a Roth IRA.

For now, go check out Kenny Rushing, the Rush Capital Fund and his Free House Giveaway drawing.

Technorati Tags: Bank negotiation, Bulk REO, real estate investing

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

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

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

You may have heard some hoopla about a site that will syndicate your property listings to a BUNCH of other websites.
Well, I can tell you from first hand experience that the more sites your houses are listed on the better.  I have on more than one occasion been told, “Wow, you are everywhere I turn around when we searched for a home!”

That is music to my ears.

However, when I was getting those results early on, it was REALLY hard work.  I was working hard trying to get my properties on as many sites as I could.
You see, you never know where your potential buyer may be looking.  That’s why you need to start popping up wherever they may be.  By the way, there are a TON of real estate websites.  You want to definitely be on the biggest sites, but you also need to think about being on sites that may be more specific to your area.  Only you will know where those are.  You should ask around and see where others are advertising.
You can also advertise on my site if  you have wholesale properties.

Go to this page and join my newsletter list to get access to the wholesale real estate listings site.

http://rapidreiresults.com/wordpress
I have an even cooler site listing resource for you today.

One of my local friends in Ohio just released the application I’ve been using for the past couple of weeks… only this time the version has MORE to it than the one I’ve been paying for…. and it won’t cost you a dime!!

Yes, that right, he is flat out giving it to you and it will syndicate your properties to approx. 40 different real estate listing related websites.

http://rapidreiresults.com/sellpoint

Now, just so you know, I am using this site for my properties right now.  In fact, I just did one earlier this afternoon and blasted that listing out.

It took me about 15 minutes to get all of the home details loaded up and then I loaded up the pictures, then I blasted that listing to every site on the list.  So, about 15 minutes and then had it out on about 35 or 40 sites (a couple failed to upload).  Now that was sweet!  If it took 15 minutes per site for me to manually upload the homes, I just saved myself hours of work.

This weekend I added 39 new potential buyers to my list because they were able to find my website due to all of the marketing back to my main page.  Pretty cool.  I highly recommend this site.

http://rapidreiresults.com/sellpoint

Disclosure: While I’m a user of this service and there is no charge for it for the next 2 years, I might get a commission if you decide to purchase something down the road from the company releasing this site.  Who cares thought right?  If it will help you, just do it. 

Technorati Tags: Property listings, real estate investing, website syndication for real estate investors, Wholesaling Real Estate