December 3rd, 2009 by admin
There are more foreclosures in the United States right now than we have ever experienced before. Yet as always, this challenge has given rise to a huge new opportunity for alert real estate investors.
The real estate investing strategy du jour is called ‘Bulk REO Investing‘ and is a real monster.
Let’s take a moment to analyze the basics of this incredibly lucrative business.
Understanding of the foreclosure process is central to understanding Bulk REO investing.
As a home owner misses a payment or two, the lender sends the predictable barage of threatening letters and warnings. After a certain period, the lender will then formally begin foreclosure proceedings. Between the formal beginning of the foreclosure process and the public auction is the ‘preforeclosure’ period.
To complete the foreclosure process, the property is auction to the public. Ownership of the property is returned to the lender if the property is not sold at auction. Such a property is then classified as an ‘REO’ (Real Estate Owned) by the lender.
Lenders usually try to unload their REO properties at close to retail price by listing their REO’s with a real estate broker. Yet with increasing frequency, REO properties are being sold for pennies or dimes on the dollar. The trade-off is that the buyer must purchase multiple REO properties in each transaction.
There is huge profit potential in these REO packages for qualified real estate investors. One of the best ways to take advantage of Bulk REO Investing opportunities is to partner with a well-regarded source of funding. There are many sources of funding for these transasactions including: hard money and commercial financing, as well as non conventional sources such as hedge funds and private investors. Additionally, one man is becoming very well known in the field of bulk REO investing, and his name is Salvatore Buscemi of Dandrew Capital Partners, a hedge fund in New York.
Tags: bulk reo, bulk reo investing, buyer mandate, reo packages, seller mandate
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December 3rd, 2009 by admin
Robert Allen, Internet Marketing Specialist has teamed up with Home Wealth University.com
(Publisher’s note: This article originally published on GoArticles.com and republished here with permission.)
Home Wealth University.com is the World’s First and Only Double Acceleration Matrix. This new Internet stay at home business opportunity is perfect for the “Internet Newbie.” Most people starting their first home business do not have a lot of working capital, but this opportunity makes it affordable for everyone according to Bob Allen.
Home Wealth University was designed to help the average person generate above average income in their spare time from home. The HWU Double Acceleration Matrix compensation plan was designed to allow anyone to make money whether they ever recruit another single person or not. Unlike many companies that require you to start from the bottom and build from scratch. HWU Double Matrix is specifically designed to build and fill fast. That’s because each person gets TWO PROFIT centers in the Matrix.
This unique design fills TWICE as fast to ensure maximum SPILLOVER. In fact you can earn from 0 to 00 per month without ever enrolling a single person. Home Wealth University provides each new member their own web site. The web site is ready to go the day you join the company. This makes it easy for the “Newbie” to start making money immediately says Bob Allen. HWU also has a complete training program, marketing tools and a full support department.
How many times have you heard the expression, “I wish I would have joined that company when it first started.” Well, this is your chance to do exactly that. Home Wealth University.com is currently in Pre-Launch. The official launch date is October 1, 2009, but people are joining this ground floor opportunity right now.
Bob Allen with Home Wealth University wants to invite you to take the next step towards your financial future to join him & countless others involved in Home Wealth University’s Pre-Launch opportunity. You can contact Bob Allen at http://robertlallen.homewealthtour.com/ or email; bahomewealthuniv@gmail.com or by phone at (239)596-4012 in Naples, FL.
Robert L Allen, Home Wealth University.com, Internet Marketing Specialist, Mentor & Trainer.
Tags: business opportunity, Home Wealth University, Real Estate Investing, Robert Allen, Robert Allen real estate
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December 3rd, 2009 by admin
A number of things likely come to mind when you think of real estate investing. You may think of real estate investing as real estate portfolios and real estate retirement plans, or you might focus on short sales, bulk reo investing and virtual real estate investing. You may also consider what roles these things play in your life as a real estate investor in different economies.
There is a lot of information out there on real estate investing. Knowing the basics of real estate investing education is a good way to get the most out of every lesson. No matter whether you are interested in short sales, bulk reo sales, virtual real estate or just enhancing your knowledge as a real estate investor, knowing some real estate investing basics will help you succeed. Here are three real estate investing basics that even some experts do not really know:
1. You always will get a positive result from investing in real estate investing education. You can create thousands of dollars in potential wealth with each real estate deal. The knowledge of how to get that wealth is the key to your success. Learning about real estate increases your odds of success when you do a real estate deal. A small investment in your education can yield big results when you implement your learning.
2. Real estate investing success is possible in any economy. Often people think that you can only be a success in real estate when the economy is good. In fact a bad economy is not a bad economy for real estate investors. You frequently can get properties at deep discounts. You might also find deals that simply would not exist in a booming economy. Real estate investing often is what turns the tide for poor economies. When an economy is less than thriving, short sales, bulk reo sales and virtual real estate can prosper. Knowing how to do these deals can create wealth for you and save others from major financial difficulties.
3. You will not need lots of money to be a successful real estate investor. You can succeed in the real estate investing arena no matter how much money you are working with. Many types of deals enable you to use other people’s money to do them. If you are a good investment private lenders may let you use their money. A person who is a solid investment knows as much as possible about real estate investing. This will enable you to show people who have money for real estate investing but may not know how to use it that you are a good investment.
Real estate investing is a great way to generate wealth. You can create a good income no matter what the state of the economy. By using a base of knowledge of real estate investing, short sales, bulk reo sales and virtual real estate you can create success for yourself. Knowing real estate investing basics will help you succeed as a real estate investor.
Tags: real estate, Real Estate Investing, real estate investment, real estate investor
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