Advantages and Disadvantages of Wholesale Real Estate Investing

By Lee Escobar

One of the easiest ways to get into real estate investing is through wholesaling. This requires no cash outlay and does not even involve credit. Basically, the wholesaling process just involves finding property for sale at a discount and then finding a buyer willing to purchase immediately. Of course, the wholesaler quotes a higher price to the buyer. This provides a quick profit to the wholesaler as soon as the sale comes through.

The wholesaler does not need to put out money or use credit because he does not purchase the property that is for sale. He only puts it under contract. This means he has given an offer to buy at a certain price and the seller has accepted that price. The property is under contract for a certain agreed upon period of time within which the wholesaler has to be able to come up with the money, whether on his own or from a third party. The property is on hold during that time.

It would be a huge advantage for a wholesaler to first ensure that he already has a buyer who is actively seeking property to purchase. Only then should he look for property for sale at a discount, and put that under contract. It will then take very little time for the wholesaler to close the deal between the seller and the buyer and realize his profit.

Most wholesalers have a list of ready buyers who are also mostly real estate investors themselves. These buyers may be willing to take on even properties that need rehabilitation. They are ready to take on the costs and risks of rehabbing to be able to resell at a higher profit.

There are no risks involved in wholesale real estate investing. The wholesaler does not pay out any cash nor put up credit. The contract will simply be nullified if the time specified passes and the wholesaler still does not have a buyer. There is no need to rehabilitate or maintain the property. There are no management tasks to perform. Each deal is a one time deal that is quick and produces immediate income.

The disadvantage of wholesale real estate investing, though, is also the fact that each deal is a one time income generating transaction. There is no long term residual income to be expected from it. The wholesaler will have to repeat the process again and again to be able to produce income. This is why wholesale real estate investing is often used by investors only to earn enough to invest in enough rentals to produce long term wealth.

Despite the disadvantages of wholesale real estate investing, it has enough advantages to make it a powerful income generating tool. It is worthwhile to learn everything there is to know about the procedures and best practices of this real estate investing strategy to add to anyone's arsenal.

Read more by Lee Escobar Article Source: http://EzineArticles.com/?expert=Lee_Escobar

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Article Submitted On: January 21, 2011

Real Estate Investing Is a Business You Must Take Seriously

By Freddie Taylor

The thing in common involving the majority of folks in real estate investing is that they regard it like it is a hobby. Something that is to be complete on the weekends or in their extra time, but they rarely utilize it earnestly. They don't work like they are initiating a brand new investing business. This is a crucial mistake and we don't want you to assemble this blooper.

Do Your Study / Consider / Exercise / Discover
As with any company, you have to do your part of studying and developing. This should not be an issue since it is tested the more you know and be familiar with this industry, the more expected your chances of great accomplishment. With this modest bit of knowledge, you would reflect that individuals would be gathering to the real estate investment training events and the like, but they are not doing it cause they don't use this business sincerely. You cannot afford to do this if you proposal on being victorious.

It's about time you realize what you know matters. You education is important as ever. In reality, you require to be enlightened as an investor.. You have to bear in mind that there are bad people in these waters that will take you for the whole lot you have if you are not attentive of the a range of laws and the strategies you have in place. We don't like to discuss bad intentioned people, but accept as true us, they are in this marketplace of real estate investing...and there are a lot of them. Protect yourself with education.

Write Your Business Plan
You must stay on task as an investor and having a investing business plan can help.. Plus, if you are going to be in this business, then treat it like a business. Nearly all successful establishment proprietors have a business plan and it is essential for you to have one as well. It does not matter if it is on notebook paper or in a file, just have one to keep you on mission.

To get a loan for your business or take on partners, you will need to have a business.. This is a technique of cutting out individuals that are not earnest to look after their time, but it also offers grand insight into the track a person or establishment is preparing to go in the future and if they are keen to loan or invest in that way.

Treat your Real Estate Investing like a Business
The bottom line is that you are a professional in a professional environment. It is time to act that way. Risk is a major element of being a real estate investor. How can you protect yourself from it Well, incorporation is one way to get this done.. Your risk exposure is locked into this business entity. Your personal possessions are protected from decisions you might make in the real estate business..

At the end of the day if you are going to be in business, then take the business seriously. Take care of your company by doing the things that victorious companies do on a recurrent basis. Take care of yourself and your real estate investing business.

Freddie E. Taylor, MBA is the managing editor of Invest With Passion, an online real estate investment magazine. Visit us at real estate investing as we discuss real estate investing business. Article Source: http://EzineArticles.com/?expert=Freddie_Taylor

This article has been viewed 6 time(s).
Article Submitted On: December 07, 2010

Packaging Your Project For Your Private Lender

By Jack Rogers

You have found a private Investor who has agreed to consider funding your first Real Estate project. The investor has informed you that he has to be very comfortable with the deal and is utmost concerned that his interest is well secured at all times.

So, let's say that you have located and negotiated a purchase price on a vacant Single Family Residence (SFR) that needs considerable fixing-up. Let's take a look at some of the details.

1. The house has 3 bedrooms, 2 baths and has approximately 1400 square feet of living area plus a 2 car garage.

2. You have done your homework and based on comparable sales the house, after it is put back in good shape, should sell for approximately $75.00 per square foot of living area which computes to $105,000.

3. You have negotiated a purchase price of $35,000. You have also received bids from three different contractors to complete all necessary repairs in order to make the house totally ready for the resale market. The average bid comes to $21,000 or $15.00 per square foot. The estimated time to complete the repairs is one month.

4. Because of current resale market conditions being slow, you are considering offering Owner Financing. Having met several Note Buyers at The Real Estate Investors Association Meetings, you determine that if you financed the sale yourself, you could expect 80% to 85% on the dollar of the face amount of the Note if you sold it for cash.

5. Financing details and costs- Your investor has agreed that if he/she finances the deal for you, he/she will give you a 6 month loan at 10% interest which can be paid along with the principle due in six months. If for any reason the investor extends the loan he/she will charge an additional 2% of the loan balance.

6. Let's summarize your anticipated costs to determine if this project would appear to be profitable:

Purchase Price......................................$35,000
Fix Up (Rehab) Costs...............................$21,000
Hazard (Fire) Insurance.............................$600
Title Insurance For Investor.......................$625
Appraisal Fee............................................$300
Other Purchase Closing Costs.....................$300
Interest Expense.....................................$3,000
Miscellaneous Expenses...........................$2,000
TOTAL...................................................$62,825

The investor will also require a minimum of 4 months interest, even if you sell the property earlier than that. This will reimburse him/her with cost & inconvenience of transferring funds from other sources.

7. Now, let's look at your anticipated proceeds from your resale. You may be able to sell the house to a buyer who can qualify for a bank loan: however, let's look at a worse case scenario and anticipate that you will finance for the buyer and sell the Note:

Sales Price...............................................$105,000
Down Payment.........................................$10,000
Note back from Buyer payable at...........$95,000

$697.08 per month including 8% interest amortized over 30 years

SUMMARY
Cash Down Payment................................$10,000
Sale of Note (80%).....................................$76,000
TOTAL CASH PROCEEDS...........................$86,000

Less
Closing cost to sell*....................................$9,000
Pay-off loan..............................................$60,000
6 months interest......................................$3,000

TOTAL.......................................................$72,000

*Closing costs include Real Estate Commission of 6% of Sales Price which you won't have if you sell the property yourself, which you should do.

NET PROFIT..............................................$14,000

Also other things to consider - If you sell in less than 6 months, which you should be able to do with Owner Financing, you will save interest costs. Also if your buyer has bank financing, you will save $9,000 in Note discount. From the information provided, I would say this is a "Go" deal. The better you perform, the more it will enhance your relationship with your investor.

These posts are the opinion of the author who is not engaged in rendering legal, accounting, or investment advice. If such advice is required or desired, the services of competent professional persons should be sought.

Real Estate Consultant and Coach. 40 years in Real Estate, and 15 years member of the "Society of Exchange Counselors". Land Developer, Home Builder & Rehabber, Mobile Home Dealer & Rehabber. Owned Apartments, Office Buildings, Strip Center, Ranches, and Land. Also owned many Seller-Financed homes, as well as bought and sold $200 million + of Seller-Financed paper. Visit my website http://RealEstateJack.net/ Article Source: http://EzineArticles.com/?expert=Jack_Rogers

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Article Submitted On: December 01, 2010

Powerful Uses of Option Contracts in Real Estate Investing

By Dave Dinkel

Option contracts are legal and binding agreements between a buyer and a seller of residential or commercial property. Their power lies in the ability of the buyer (Optionee) to control a property for a small amount of money and for a limited time instead of an outright purchase with its associated market risk. But the agreements between the seller (Optionor) and the Optionee also have benefits to both parties.

The advantage of an option contract to a seller is that he will receive some income while his property otherwise would not produce this income. The amount of the option consideration may be small compared to the value of the property, but it also gives the Optionor the ability to have his property on the market usually at a non-distressed price. If the Optionee does not exercise the option contract, the Optionee will forfeit his option consideration or deposit to the Optionor.

The Optionee had huge leverage with a relatively small amount of cash to control the Optionor's property for a fixed time period, possibly with extensions if originally negotiated into the contract. While these option considerations can be in the millions of dollars for commercial properties, the average investor will be dealing with deposits in the area of $100 to control single family homes (SFH) or smaller non-commercial multi-family units (less than 5 units).

For real estate investors the option contract has a primary use of controlling a seller's property until the investor can find a buyer at a higher price than his strike or exercise price. The amount of time to do this varies by negotiation with the Optionor but is usually one year or multiples thereof. When an end-buyer is found and a closing date set, the investor will arrange to exercise his option and possibly do a double closing if the profit is over $20,000.

If the profit is less than $20,000 or the option is part of a short sale, the investor can file a Notice or Memorandum of Option Contract (NOC) in the public record. This document is essentially a lien against the property that will be extinguished at closing. The closing agent will handle the NOC as a lien against the property, have the investor sign a Release of Lien, and pay the investor the amount of money agreed to by the investor - his profit on the transaction.

Another use of these option contracts is where an investor is in competition with other investors for a property. The other investors are bidding on the property with a cash closing in mind and keeping as much of the profit spreads as possible. An investor who is option contract savvy can bid far more for the property because his investment in the property is his minuscule option consideration.

Option contracts work well where the seller is not truly motivated to sell and is looking for the maximum possible sales price especially for higher priced homes. The investor can always allow the seller to take a higher price than his option's strike price. This allows the seller less risk of getting stuck in a controlling option for an extended time. If the seller is motivated, meaning they want a solution to their problem of selling the property rather than the highest price, the investor can offer a shorter term for the option - as little as a few weeks to a few months.

In summary, option contracts are as powerful as deeds to a property. When used with a strong marketing program to sell the property, they allow an investor to control a substantial asset to closing with a minimal option consideration. Transactional funding may be necessary if there is a double closing involved, but the lien release method allows for collecting a profit; a seller can transfer his property directly to an end buyer without the seasoning issue that can kill so many deals.

About Author: Dave Dinkel has over 35 years experience in real estate investing which has given him a unique perspective into the real estate market. In case you haven't seen it yet, take a minute to see 15Ways to Make Money in Real Estate investing with No Money http://www.15wayswithnomoney.com. If you need to sell your home quickly, even if it is upside down, here is an answer - Sell Your Home in Days at Full Market Value http://www.fsbopowersellingsystem.com. Article Source: http://EzineArticles.com/?expert=Dave_Dinkel

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Article Submitted On: November 23, 2010

Tips on Real Estate Investing

By Bruce Swedal

Normally a down real estate market is a heaven for investors. There is a variety of properties available for sale and many homeowners are desperate to sell and negotiate a price that will get them out of high waters. In such market, there is also a good amount of foreclosures and pre-foreclosures available and investors can play their game with the scale tipping to their side. The present economy is a good testament of those conditions. However, despite the large amount of properties in the market, competition between investors is always there - every perceptive investor wants to snatch the best deals.

Sometimes, those deals may be easy to spot, and sometimes it will take more digging and market research. However, an investor must be ready to act and have the necessary capital or systems available to grab such opportunities if he/she wants to be successful in real estate investing.

One important issue is to know the area of your specialization as an investor because different types of properties require different capital and different management requirements. Are you specializing in single-family homes, condominiums, multi-family dwellings, raw land, apartments (1-4 families), farms, special building types such as abandoned churches or commercial buildings? Having this issue clear is the first step before looking into properties. It will help the investor focus on the type of property they want to invest in and not waste valuable time in properties that do not match their investment goals and budget, as well as their investment plan.

Investor can find properties in many ways. They can do drive by's in neighborhoods where there are plenty of homes for sales and interview with neighbors, even those that do not have a for sale sign, but may be thinking to sell in the future. Research the neighborhood well before committing to any deals.

Other ways are to advertise yourself as an investor willing to buy properties. This will give homeowners the chance of calling you first before they put a for sale sign and pay a commission to a real estate agent. This will cut out the competition as well.

Look for properties in newspaper, publications, and local flyers. For sale by owners are a possibility, especially to negotiate price in a desperate market. Sometimes, homeowners are willing to walk away from a property without making any money as long as they can satisfy their bank loan.

Do not discount people who are having large garage sales, most likely they are thinking of moving in the near future. Real estate investing requires considering all possibilities.

Scout the obituaries for properties that will soon be on for sale, beat the agent to it. Also, scout the legal pages of the newspaper.

Consider run down properties or abandoned properties. Search for the current owner in the public records.

Make friends with bank and utilities personnel. They can be a good source of information on foreclosures and when utilities are being shut down - a sign of someone that may soon be moving.

There are tons of ways to approach real estate investing, as many as your imagination and creativity can think of.

Denver Real Estate
Centennial Real Estate

Article Source: http://EzineArticles.com/?expert=Bruce_Swedal

Invest in the Philippines Real Estate Property Sector? That's a Great Decision

By Patricia F White


In case you are planning to invest in the Philippines, your most secure option is to purchase a Makati condo or a residence that you can either rent or lease to men and women or company owners. You'll find lots of smaller to medium-sized firms within the Philippines, and many of them desire to begin with a smaller work place that can allow for the number of employees they first have. Utilizing this market place as an individual who possesses enough space to rent out will offer you a faster return on your expense.

You possibly can obtain a Makati condo, in parts in close proximity to the CBD. Doing so will make it possible for you to choose what kind of renters you prefer to get---family members or small establishments. You can find numerous small families as well as young couples looking for the place to lease in close proximity to fashionable and fun locations just like shopping centers and Saturday marketplaces. Condos in Legaspi Village, for instance, are sought after as a consequence of their distance to stores and shopping centers, in addition to gyms and health spas.

Entrepreneurs of smaller to medium-sized firms additionally hunt for a Makati condo or small workplaces to lease in the CBD as a consequence of the accessibility of the area. It is simpler to find a Makati location than, for instance, a avenue in Quezon City. Business people in addition really like the truth that locations such as banks and federal organizations they must obtain licences and paperwork from are all under half an hour out.

You might in addition decide to buy a house in Makati as an alternative to a Makati condo. That is obviously more expensive than getting a condo, but the possibility to earn cash off a property is better than that of a condo. If you have got the capability to do so, you can find several properties in the non commercial and industry parts in Makati which will match your requirements. You can transform these residences into quaint boutique lodges and traveler's motels. You can furthermore rent it out as business space. Dining places and other organizations are currently considering locations which have a more comfortable experience because it draws in a lot more consumers. Recognize that out of the way restaurants and specialty outlets are the most preferred areas these days. You possibly can benefit from this craze by remodeling a home in Makati straight into a business space.

With careful analysis and strategy, there is no reason that you should not invest in the Philippines housing business. You can find numerous options in the Philippines for traders just like you. Philippine real estate investment regulations are incredibly realistic, and it will not be tough to obtain a license to lease or rent out a location that you own. Whether you buy a house in Makati or a Makati condo, the return on your investment decision will probably be rapid and well worth it. Makati is a place where real estate is an excellent expense. Folks prefer to reside or work in a place that allows easy entry to the establishments that they need, whether it is a good day care facility or the bank they do business with.

Manila properties might be the finest investment decision you will ever try to make. In reality, you are able to discover a number of housing choices on the internet. Pay a visit to RentInMakati.com Philippines Real Estate today.

Article Source: http://EzineArticles.com/?expert=Patricia_F_White

How Would You Like to Make Money in Real Estate in a Few Weeks, Even in a Few Days?

How Would You Like to Make Money in Real Estate in a Few Weeks, Even in a Few Days?
Before you think this is too good to be true and must not be real,consider the story of Will Abriza. Will attended the last “Think Rich Quick” seminar back in March 27, 2010. Six days after the seminar, he sold a condo and made P69,000. Will is not a licensed real estate agent and yet after learning powerful techniques during the Think Rich Quick seminar, he sold a condo faster than even the most experienced real estate agents out there. And get this...Will did not put any money down on this deal...and he did not go to a bank and borrow money.

I want to learn how to make money in real estate with no money down and no credit.
TRQ 2.0 on Oct. 23-24, 8:30am-5:00pm
"The Tents" @ Southgate Mall, Makati City
And if you think his experience is a fluke or a lucky accident, think again. Jay Castillo and his team sold a foreclosed house in Maia Alta in Antipolo in just 7 days and made P140,000. Jay Villar and Mic Mejia who are NOT real estate agents and yet they were able to help an experienced investor - Larry Gamboa (yes the author of the book “Think Rich Pinoy”) sell his condo in just 10 days and they made P75,000 in the process.

I want to learn how to make money in real estate even if I don’t have prior experience.
TRQ 2.0 on Oct. 23-24, 8:30am-5:00pm
"The Tents" @ Southgate Mall, Makati City
Selling properties quickly is not the only thing that you’ll learn in the next “Think Rich Quick!” seminar. You will learn how to raise capital for real estate deals. Not having money or capital for real estate deals stop most beginning real estate investors from even trying. After attending the “Think Rich Quick” seminar, Grace Pekson learned how to raise capital to acquire properties. Just 24 hours after learning the details of the real estate deal, Grace was able to raise P1.65 Million. Again, her experience is not a fluke. Ebb Ryan Magtuba had no rich friends, relatives or colleagues when he attended the “Think Rich Quick” seminar. And yet after learning powerful techniques I revealed during the seminar, Ebb was able to raise P1.5 Million for a real estate deal just 21 days after encountering the deal.

I need to learn how to raise capital for my real estate deals.
TRQ 2.0 on Oct. 23-24, 8:30am-5:00pm
"The Tents" @ Southgate Mall, Makati City
In addition to learning how to buy and sell houses quickly...and raising capital for real estate deals, you will also learn how to lease apartments quickly. Let me tell you the story of Doctora Joy Holgado and her teammates. None of her teammates are real estate agents…they are absolute beginners. They have not leased an apartment before. And yet after learning the eXtreme Marketing techniques I taught them, they were able to lease 3 units in a 10-door apartment in Bulacan. For five months, the owner of the property had difficulty in leasing the property. And yet in just 3 weeks, Doctora Joy Holgado and her teammates were able to lease 3 units - that’s leasing one apartment every 7 days!

You will learn all these and more in the next “Think Rich Quick” seminar...what I am calling TRQ 2.0
TRQ 2.0 on Oct. 23-24, 8:30am-5:00pm
"The Tents" @ Southgate Mall, Makati City
If you’re impressed with the stories above of real people making real money in real estate...really, really quickly...you haven’t seen anything yet. TRQ 2.0 promises to be twice as big and twice as better than the first one. How do I know this? Because I will dig deeper into topics that will enable you to succeed much faster and in a bigger way.

In the last Think Rich Quick seminar - TRQ 1.0 - I revealed my 5M’s to Millions Formula:

Millions = Mindset + Mastery + Marketing + Mentors + Management

You need to have the right mindset in order to attract millions.

You need to learn the basics (Mastery) so you’ll know what you’re doing.

You need to put out the right Marketing to attract buyers, sellers and lenders.

You need Mentors to guide you.

And lastly, you need to manage your time, energy and priorities so you can implement what you’ve learned from the seminar. Without implementation, nothing happens.

I will discuss all the 5M’s at the TRQ 2.0 so like my most successful students, you too will become a real estate millionaire.

Let’s talk about Mindset…

Most people sabotage themselves because they don’t believe they deserve wealth. That is, a lot of people have the wrong mindset or they have money fears that prevent them from achieving their financial goals. Let me tell you a true story about 2 of my students. Let’s call them Anna and Linda.

Anna and Linda started on the same day as my students. I taught them the exact same techniques and strategies. Anna became a millionaire in just 9 months. Linda stayed as a broke, real estate investor-wannabee. Why? The difference is mindset. Anna believes she deserves wealth and she acted accordingly. Linda has self-doubts and limiting beliefs and despite being given the right techniques and tactics, she achieved mediocre results.

I want to overcome my limiting beliefs about money!
TRQ 2.0 on Oct. 23-24, 8:30am-5:00pm
"The Tents" @ Southgate Mall, Makati City
I have gotten, the Master Wealth Attractor himself - Mr. John Calub to give a 2 hour mini-seminar during TRQ 2.0. John has trained over 20,000 people on the areas of sales, mindset and having the right psychology about money and wealth. His Genius Creation system has trained more millionaires in 21 days than any other system in the Philippines. John’s powerful mini-seminar will allow you to dig deep into your subconscious mind and root out all the limiting beliefs and money fears that you have. If you have attended some real estate seminars before and read books about money and you are yet to earn your first million in real estate, you need to attend TRQ 2.0 just for John Calub’s mini-seminar alone.

“I’ve learned so much more in Trace’s “Think Rich Quick” seminar despite the fact I have 7 years real estate experience.” -Lilian Quiambao, real estate agent and attendee TRQ 1.0, March 27, 2010

And if that is not enough, over the 2-day seminar I am going to pack and compress my $13 Million know-how and 7 years real estate experience into your head. I have acquired over $13 Million worth of real estate in the past 7 years. I know my stuff and my stuff works. And I know how you can best learn it. You see...I lied to you. This is not a real estate seminar where you get a series of lectures. This is a workshop. You will get tired because I will have you do some work. You will feel like your head is going to explode at the end of the 2 days. It will take you months just to read and absorb all of your notes. It will be that FULL OF CONTENT, I guarantee it. In fact, you might get overwhelmed by it all. And one thing is for sure…whatever your experience level is…you will learn a LOT. And you will learn by doing. You will work on real deals…even call potential lenders and investors. It will be scary and it will be fun at the same time.
I will also have a successful student of mine talk about how to make money with commercial real estate. This is totally brand new material that I have not talked about before or wrote before (not in my book, nor in my blog). If you have attended the last TRQ 1.0, you should attend TRQ 2.0 because you will learn about a profitable niche – commercial real estate. This student of mine is working on several deals with million peso paydays! That’s how profitable commercial real estate is and you’ll learn it first in TRQ 2.0.
I want to have million peso paydays Trace!
TRQ 2.0 on Oct. 23-24, 8:30am-5:00pm
"The Tents" @ Southgate Mall, Makati City

And then let’s talk about marketing. Given that 80% of real estate transactions happen online, I sought out the Philippines’ foremost online marketing expert - Jomar Hilario. I noticed a pattern over the past 3 years of mentoring and coaching students. A lot of my successful students in the Philippines (some of whom are already teaching their own students) have been students of Jomar Hilario as well. The combination of my fast money real estate strategies combined with Jomar’s online marketing techniques leads to massive profits. SO I’ve decided to convince Jomar to spill the beans on profitable online marketing techniques that you can use to succeed in real estate.
I want to learn Online Marketing – from the Philippines’ foremost online marketing expert – Jomar Hilario.
TRQ 2.0 on Oct. 23-24, 8:30am-5:00pm
"The Tents" @ Southgate Mall, Makati City

I will also introduce you to 3 mentors who can take you under their “wings” and help you succeed. Every successful real estate investor I know has a mentor – no exceptions. Even Donald Trump had a mentor when he started – his very own father – Fred Trump. I had mentors and I continue to seek them out. TRQ 2.0 will provide you the foundation to help you succeed but mentors are crucial to help you sustain the momentum. These mentors will have you work in their real estate businesses. You will immediately apply what you would have learned from TRQ 2.0. And you will make money with these mentors as you help them buy and sell properties.
I want to have a real estate mentor, Trace!
TRQ 2.0 on Oct. 23-24, 8:30am-5:00pm
"The Tents" @ Southgate Mall, Makati City

Lastly, as soon as you sign up, I will introduce you to a powerful implementation technique that I have invented. As I said earlier, implementation is the key to success in real estate or in any business for that matter. The concepts I teach work as evidenced by the successes of my students. All the success stories I mentioned in this website all came about because of the implementation technique I’ve invented last March 27, 2010. You will learn what this technique is all about as soon as you sign up. You see…TRQ 2.0 is NOT just 2 days. Even before October 23-24, you will get two 2-hour online seminars (also called webinars) from me. In one of these online seminars I will reveal this implementation technique I am talking about. Also, after the seminar, you will get a follow-up webinar to help answer any questions you have or help you break through any challenges that you are encountering. I sincerely want to help you succeed.
I am convinced Trace, sign me up NOW.
TRQ 2.0 on Oct. 23-24, 8:30am-5:00pm
"The Tents" @ Southgate Mall, Makati City

You’re probably wondering, how much will your investment in TRQ 2.0 going to be. Before I tell you the investment, let me tell you what you’re going to get. I have put together an irresistible BONUS package to ensure this is an offer you can’t refuse.

BONUS #1: eBook “P31 Million in 31 Minutes”……Value P 2,495

During TRQ 1.0, I taught powerful techniques on how to raise money. In front of 163 people and in front of a video camera, several of the attendees raised capital from private lenders. By the time we tally the total amount of money raised, we were able to raise P31 Million in just 31 minutes! I summarized the powerful techniques I taught the attendees in an ebook which you will get as soon as you sign up for TRQ 2.0

BONUS #2: Audio book “7 Steps to Selling a House in 7 Days”………………………………………………………Value P 4,495

DO you like to learn how Will Abriza sold a condo in just 6 days? What about the secrets I taught Jay Villar and Mic Mejia who sold a condo in just 10 days? I captured it in an audio book which is yours free once you sign up in TRQ 2.0. You can download this in your iPod or mp3 player and listen to this over and over again so that like Will, Jay and Mic…you will be able to sell properties lightning fast.

BONUS #3: Ticket to John Calub’s Attracting Money Seminar…………………………… ......……………………Value P 8,000

John Calub is a very generous man and he sincerely wants to help create as many millionaires as he could. Even though the 2-hour mini-seminar he will give will surely make you aware of your limiting money beliefs, John wants to give you more. So he offered to give away an P8,000 ticket to his 1-day seminar for those of you who will sign up in TRQ 2.0.

This is ridiculous. Sign me up NOW.
TRQ 2.0 on Oct. 23-24, 8:30am-5:00pm
"The Tents" @ Southgate Mall, Makati City
BONUS #4: LIVE Coaching Call with me…........……Value P 12,000

People pay me P10,000 to have lunch with me for 1 hour (and you pay for the lunch too!). In a LIVE coaching call with me…you will get me for 2 hours. You will also get one of my most successful students to help me answer any and all of your questions. As you can see the math is wrong…I should put P20,000 as the value of this BONUS…but you might not believe it so I put a lower number.
BONUS #5: The Apprentice Challenge and How to Make Money from TRQ 2.0 FAST……………….……………………Value P 12,000

This is another 2 hour session with me. If you have attended real estate seminars before and you have not made money from them…it’s now the time to change that. The “Implementation Technique” I invented back in March 27, 2010 is what I call the Apprentice Challenge. Find out why it works and how to join it.

BONUS #6: Follow up Webinar…………………..……Value P 12,000

Thirty days after the seminar, we will have a follow up webinar. I want to find out and hear about your progress, and challenges. I want to give you further pointers on how to overcome them and you will learn more techniques that will help you implement and make money from what you would have learned during TRQ 2.0. And get this: IF YOU are able to make money as a result of TRQ 2.0 after 30 days…your ticket for the next “Think Rich Quick” seminar will be FREE.

TOTAL VALUE of the BONUSES………....……………………P50,990

What YOU PAY TODAY (good until September 30 only)…..............................................................................P 4,995 or $111

This is a NO-brainer. Let me IN.
TRQ 2.0 on Oct. 23-24, 8:30am-5:00pm
"The Tents" @ Southgate Mall, Makati City
As you can see…you are getting more than 10 times the value just from the BONUSES alone versus what you’re going to pay. I have made it an offer you cannot refuse.

And there’s more. If you’re one of the first 30 people who will get the ticket to TRQ 2.0, you will get the following VIP privileges:

You get to have dinner with me either on October 23 or October 24. During our dinner, you tell me your financial goal and I will teach you the fastest way to get there. One idea you get from me that you implement could help you become a real estate millionaire.
You become an affiliate of TRQ 2.0. You can sell the tickets to your friends, family and colleagues and make money from doing so. The ticket will be priced at P6,995 after September 30 and you get a P1,995 commission per every ticket you sell. Sell 3 tickets and your investment for TRQ 2.0 is already paid for! (Oh and by the way, YOU are the only ones who can sell the tickets after September 30…I won’t even sell them so people have to buy them through you!).
You get a 30-day FREE membership into my Online Coaching Program. As part of this membership, you get access to my online community of student-investors. In this online community, you get access to proprietary techniques and tips I don’t reveal to the public. You get to ask me questions (everyday if you have to) via email. You will also get access to properties you can help sell and make money from. Who knows? You might find buyers for 1 of these properties and make money even before TRQ 2.0!
I want the VIP Privileges Trace!
TRQ 2.0 on Oct. 23-24, 8:30am-5:00pm
"The Tents" @ Southgate Mall, Makati City

I have a problem though that I want you to be aware of.
The venue we have chosen can only accommodate 300 people. This website is being exposed to about 117,411 people. People like Bo Sanchez, Jomar Hilario, John Calub, Heinz Bulos, etc. have about 110,000 people in their email databases. I have 7,411 right now. With me giving the “Think Rich Quick” seminar only once or twice a year…and with 117,411 people seeing this website…you can just imagine the HUGE DEMAND for tickets. In fact, I won’t be surprised if all the VIP Seats have been taken already by the time you read this. If you can still read this website, chances are the 300 slots for the seminar is not all sold out YET.

Let me IN, Trace!
TRQ 2.0 on Oct. 23-24, 8:30am-5:00pm
"The Tents" @ Southgate Mall, Makati City


Pay by October 7 to get the Early Bird Rate

Dedicated to your success,

Trace Trajano

P.S. If you’re still thinking TRQ 2.0 is something you can’t afford…you have to realize that it’s something you can NOT afford NOT to attend. Borrow the money if you must but you should NOT miss this. One idea…one mentor, or one contact you will get out of TRQ 2.0 is probably all you need to finally make money in real estate. The lives of Will Abriza, Jay Castillo, Jay Villar, Mic Mejia, Grace Pekson, Ebb Ryan Magtuba, Doctora Joy Holgado and her teammates (and many others) are forever changed when they made the decision to attend TRQ 1.0. It’s time you change yours.

Advantages and Disadvantages of Real Estate Investing

By Bruce Swedal

Investing in real estate can bring a large cash flow for many investors, but only if they invest in the right properties. Investors who are new to investing should not invest in land right away because the investment of land is considered a drain on cash. The real money is in large commercial properties and flipping houses. In order to stay successful in property investing, a person should only concentrate in one area. If a person is investing in commercial property, they should only stick to those areas, instead of crossing over to investing in homes. Trying to do both at the same time can create more of a loss in investments, and can be draining and time consuming. Investing in real estate takes a lot of experience, knowledge, and contacts. Starting out small is always best for real estate investors, so that they can learn the ropes, and make contacts while in the process. In the investment world, one contact always leads to another. There are more advantages to investing in property than there are disadvantages. The disadvantages to investing is that everything is always a gamble. Just as investing in the stock market is a gamble, so it is with property investing. That is why it is so important that investors invest their money in the right properties that will be sure to bring a profit.

When investing in conventional property, flipping houses is always a sure bet that an investor will not lose their shirts. Whether a flipped house sales successfully or not, does not mean that an investor will lose out on their money. They always have the advantage of renting out their homes until they find adequate buyers, or until the real estate market starts to boom again. It is also important for real estate investors to know when it is a buyers market or a sellers market when trying to get the most out of their investments. Flipping houses can be a real advantage when an investor can make large profits from flipping a house, and then selling it for a larger profit. Investing in commercial real estate is also an advantage because large commercial investments can bring a large monthly income. There is also a lot of competition in the investment world. Understanding marketing strategies is crucial when it comes to competition.

Another advantage for real estate investing is to be pre-qualified by banks and lenders before people start investing. This will give them a bigger advantage over investors who have not pre-qualified yet. Businesses and home owners are more willing to sell their property to an investor who has already been approved to buy the property.

Denver Colorado Real Estate
Denver Real Estate

Article Source: http://EzineArticles.com/?expert=Bruce_Swedal

Helpful Tips Before Buying Properties in the Philippines

Here are the tips a buyer must remember before buying any property in the Philippines, specially if you are buying a single property from an individual:

1. Make sure the Title is authentic. Ask for a plain copy of the owner's title. Then go to the Register of Deeds (ROD) and ask for a “Certified True Copy” of the master title held by this office. If the two copies are identical... the title is authentic. The ROD is usually located at the city or municipal hall where the property is located.

2. Beware if the master copy on file with the ROD has any mortgages, lease contracts, power of attorney, claims of third parties, government liens, road right of way assessments, and etc. noted on the back 3 pages. Although the title may still be registered in the name of a person, ownership will be affected by what is noted on the back pages. Do this yourself or through a trusted party, never from the seller or his middleman. Titles have four pages: Cover and pages A, B, and C. Make sure you see all four pages.

3. Make sure that the land described on the title is really the land that you are buying. You can validate this at the Municipal Tax Assessor's office by asking to see the land map where the property is located. While you are at this office, get a certified true copy of all the tax declarations to the property. The land will have a separate tax declaration. So will each building on the property worth more than 25,000 pesos. Also confirm that the yearly real estate taxes are paid.

4. Make sure that the sellers are the real owners. If you are buying from an individual property owner, ask for identification papers like passport or driver’s license, it is also a good idea to talk to the neighbors to confirm the identity of the sellers (you might as well ask some history of the property).

5. Avoid tax-declared property... deal only with titled property. You must be an expert at buying and selling property in the Philippines before trying to buy property with only a tax declaration. There are many properties in the Philippines that are not titled, or registered under the Torrens system. If you buy an untitled property (usually evidenced by only a Tax Declaration), you would not enjoy the benefits of the Torrens system, and you will be forced to investigate for yourself the “chain of ownership” from the present owner up to the first, which usually dates back to the 1920′s. With titled property, you can rely on the fact that the owner of the property is that which is stated in the title.

6. Stick to those properties registered in the names of actual sellers themselves. Most properties in the Philippines are titled in the names of the grand parents or even great grandparents of the owners. thus, there is still the need to execute an extra-judicial settlement, which has a “grace period” of two years within which an excluded heir can question the settlement and the sale. This type of litigation is fairly common and is the usual source of problems. Thus, avoid properties not titled in the names of the actual seller. You need EXPERT advice to buy a property from the heirs of a deceased.

7. Avoid SPAs (Special Power of Attorney) – deal with the actual sellers themselves. Another of the common sources of property litigation in the Philippines are those involving special power of attorneys. This is an instrument that empowers a party to deal with the property of another, usually for the purpose of selling the property. Oftentimes, unscrupulous individuals procure a special power of attorney surreptitiously from the unwitting owner who is led to believe that the document being signed is something else. Believe it or not, most of the property owners in the Philippines have finished only primary schooling and cannot read English documents. If you must deal with property being sold through an SPA make sure you seek the advice of an expert.

8. If there are any questions that the property might not be located exactly where it is stated on the title, have the boundaries identified by a licensed surveyor. Ask the seller to allow you to conduct a relocation survey. Although you might be required to shell out additional expense for the survey, then you can actually be assured of the metes and bounds of the property and that the property you are buying is actually that stated on the title. When doing the relocation survey, make sure the adjacent owners are summoned so they can agree to the boundary line.

9. Always see to it that you have a road right of way. Just merely looking at the property and seeing a road is not enough. Check the title and see whether or not it is actually bounded by a road lot, road, or street. The surveyor can point this out to you. Most foreigners like the countryside and coasts, where agricultural lands are located. Thus, most agricultural lands when subdivided into smaller parts do not provide for a road in the subdivision plan. Be sure therefore that you have access to the land otherwise, you might be required to purchase a right of way, oftentimes at exorbitant prices such that you are forced to enter into litigation to have the court fix a reasonable price.

10. Never forget to have your deed of sale, contract of sale or other document over the land annotated on the copy of the title on file with the register of deeds.

My Goal For this Year: 1 Million Pesos Net Profit by 11:59 pm 31 December 2010 by Buying and Selling Houses in Metro Manila

Goal Setting - How to Effectively Program Your Goals By Richard J O'Neill

I'm going to show you an effective goal programming technique that is used by entrepreneurs and successful business people all over the world. To do this technique, you need to be aware of your what your goals are in advance so if you aren't yet clear on them then take some time out to sit down and write out the goals you wish to achieve.

The programming of your goals should take no more than ten minutes each day, so select a time when you won't be disturbed and its also important to choose a time when you are most alert. For me, that time is in the evening between 8pm and 10pm as i'm a night person but for you it may be early in the morning or in the afternoon. Choosing the right time is important because it means you are being compatible with your energy pattern, personal psychology and daily rhythms. Some people prefer to program twice a day, but regardless of that, always program in a relaxed and unhurried state, and if you find that you miss a session every now and then, don't worry about it. If you think you might not have the time to do your programming, then don't try and squeeze it in between appointments and daily activities, just leave it till the day after. Remember, when programming you need time to ease into and ease out of the state.

Do the following programming exercise.

Begin each session by giving yourself 2-3 minutes to relax each and every muscle in your body starting from the top of your head and down to your feet. Imagine wave after wave of magnetic like relaxation flowing through each of your muscle groupings. Once you have done that, take a few moments to take several deep breaths. Hold them for a few seconds and release, allowing yourself to relax just a little bit more with each exhalation. The importance of being relaxed cannot be stressed enough, because in order for your powerful and imaginative right brain to work most effectively, the monkey chatter and thoughts of your left brain must be stilled and quieted. Once you reach the alpha-theta state, your images and words will be much more easily received and accepted to make programming even more powerful and effective.

To begin programming your first goal, always start with the feelings and excitement associated with the attainment of the goal and while maintaining the feeling, gently bring in your right brain image of the goal and allow a few moments for the image to become clearer. Next, while simultaneously holding the image of your completed goal, begin repeating an affirmation that supports the completion of the goal, for example, "I give thanks and am extremely grateful for the promotion i have just received." Allow the feelings, images and affirmations to work together in concert to attract your completed goal to you for 30 seconds, and then stop. Clear you mind and repeat the programming for that same goal once more.
Finally, go on to do the same process for each of your goals twice and the whole process should take no more than 10 minutes.

If you make a commitment to do this exercise everyday for each goal it should take you around two weeks to create the new mental patterns needed to help you towards achieving your goals and dreams and you'll find that the old mental blocks that once hampered you are no longer present. You will be free to go forth and achieve your hearts desires unhindered by doubt and excuses.

Richard O'Neill is a TEFL Teacher and a trainee life coach who hopes to one day open his own spiritual retreat to aid others in their healing process. For some useful info and resources on meditation and how to attract abundance go to http://www.learntomanifestdesires.com Article Source: http://EzineArticles.com/?expert=Richard_J_O'Neill

7 Tips to Creating a Business Plan For Real Estate Professionals

By Tom Bukacek

The old axiom goes like this: "Nobody plans to fail, people just fail to plan". I'll take it one step further and say that failing to plan is planning to fail. Also, when looking to establish partnerships, joint ventures, or raise capital, people will want to see your business plan.

The successful real estate investor has already established his or her vision and strategy and now needs to plan out how to execute and turn the vision into a reality. The following are basic steps on how to create a business plan:

Step 1 - Establish your mission statement. Why is a mission statement necessary if a vision statement has already been created? Consider the mission statement to be the action and your vision statement to be the results. If your vision statement is to be sitting on a beach in Hawaii sipping margaritas while collecting rent checks via the mail, then your mission statement is going to tell you how you're going to do this. I like Joel Barker's quote from the Power of Vision, a training video for organizations who need examples about how individuals and organizations use vision for their success. "Vision without action is merely a dream. Action without vision just passes the time. Vision with action can change the world. If you have just a mission, the action written, - and not the vision, you will not know where you're going or if you have arrived."

Step 2- Define yourself and your team. This part will answer the question 'Why should anyone want to work with you (if you are just starting out?)' Describing your background will allow you to establish your skills sets, experiences, & successes. Also, associating yourself with others who are experienced will allow you other to have more credibility. Examples of team members are Title Agents, Attorneys, Contractor, Marketing Company, Funding Group, Real Estate Agents, etc... For example, if you have no experience physically performing repairs on a fix and flip but you have a contractor who will be working with you, leverage his or her real estate experience.

Step 3- Choose your strategy (s). Do you want to focus on fix n flips, wholesales, purchasing subject to, short sales, etc...? It is important to identify what you want to accomplish in business and match the strategy to your goals, resources, and skill sets. The 6 important factors to consider when determining a strategy are your financial budget, how quickly you need to get paid, what skill sets you possess and don't possess, the complexity of the deal you wish to focus upon, your team's skills, and your credit requirements. For example, if you have a credit score of 550, then the buy and hold strategy is not for you. Also, if you need money quickly but are poorly organized, the short sale strategy will not be your best choice.

Step 4- Establish your criteria. Ever wonder how some experienced investors can look at the financial of a transaction and make a decision to pursue or discard an opportunity in seconds? They understand clearly their definition of a good real estate transaction and take action when they see one that fits their criterion. What is a good deal for you? Many new real estate investors think a good deal is any deal that someone says 'yes' to! However, this can lead to many first, and ONLY, transactions. What are examples of criterion in which to establish?

* LTV- Loan To Value is the ratio depicting the amount of the loan to the value of the property. The lower the LTV when buying, the better chance for a successful transaction. The Real Estate Millionaire will determine what the lowest acceptable LTV is for a transaction and will not go below this percentage.
* Investment-How much of an investment are you willing to make in a transaction. Different strategies require different tolerance levels of repairs and holding costs. The Real Estate Millionaire will not invest in properties that require a higher than planned investment.
* Cash flow- If your strategy includes holding onto property and cash flowing, the Real Estate Millionaire will set that monthly rate and not invest in properties that do not fit that criteria.
* ARV- ARV is the After Repair Value for a property. Some investors will focus on larger, higher end home. While the holding costs are considerably higher, the end results may be more profitable. Some investors may focus on cheap homes for the purpose of minimal investments and a quicker flip. The Real Estate Millionaire will define his or her criteria and act upon only those that meet the requirements.

Step 5- Define Your Target Market. What area will you be working in? Is it city wide, specific zip codes? How far away from your market are you willing to go? Are you willing to go out of city or out of state? Define the specific areas in which you are willing to buy and sell properties and stick with it.

Step 6- Create Your Marketing Plan. The marketing plan is extremely important. This plan will allow you to budget funds and time in order to turn your vision into a reality. The remainder of this chapter will be dedicated to detailing the most commonly used types of marketing for investors focusing on pre foreclosures.

Step 7- Generate your financial statements. Create a projection of cash flows, an income statement, and profit and loss sheet. It is recommended that you invest in a software system, such as Quicken or Quickbooks, in which to create your financials and update on a weekly, if not monthly basis. Then, if you ever need to provide your financial information for lending requirements, they are already created and can be printed quickly.

Once you have created your overall business plan, you will have the thorough understanding of what a good deal is or isn't instantaneously. For example, if you have established that a fix and flip is your strategy and you are looking to pick up properties with an LTV of 65% max with a 7% repair to ARV ratio in the eastern or southern part of your city that has an ARV no larger than $200,000, then analyzing properties is pretty simple. If a bird dog comes up to you and offers you a house for $160k that has an ARV of $225 and requires $25k of repairs, you will be able to determine whether or not this fits your requirements instantly.

Tom Bukacek is an Real Estate Professional focusing on pre foreclosures in the Austin, TX, and Phoenix, AZ area. Tom is also the Marketing Director for the Entrepreneurs' Incubator, a company dedicated to assisting aspiring real estate investors with marketing, mentoring, and managing their RE Business. Tom's first book, the Real Estate Millionaire's Blueprint, is due out this summer. For more information on Tom and Entrepreneurs' Incubator, please visit http://www.entrepreneurs-incubator.com. Article Source: http://EzineArticles.com/?expert=Tom_Bukacek

Real Estate Property

By Efti Babu

Real Estate refers to any piece of land and anything and everything pertaining to it. In simple language, it can be defined as any property which is owned for commercial or residential purpose. Furthermore it relates to Buildings, Fences and all other such Site ameliorations which are stationary or immovable in nature. Real Estate is a term used by law and is subject to legislation. It is also known as realty. As ownership of any Asset makes you liable to pay taxes, same applies to this Property. This Tax is an annual fee and is paid in arrears at the end of each tax year. Firstly the this laws are looked into for this taxes. The laws are different for every country. Secondly this Estate Assessment is carried out to evaluate Owned property at the year end including all appraisals and discounting all sales. Thereafter a percentage is applied on the assessed amount to arrive at the tax payable amount. Percentage rate can vary from country to country. An instance can be 1.03% of tax on every $100,000 of property appraisal. Finally exemptions, if any, are deducted from the tax payable amount to arrive at the final tax payable amount which is then collected by the Tax Authorities.

Investment in this is getting notoriety these days as property prices are being pushed up globally. Investment in Real Estate refers to the buying and selling of property with the object of profit-making. Renting and leasing property is also part of this investment as it generates income. All property which has been purchased with a view to gain rather than for residing comes under investment. If one plans to invest in Real Estate, the immediate questions which pop up are 'how to find a good this Property?' and 'how to sell your house?' These questions can be answered by a thorough study of this Estate trends and consultations with Real Estate Agents. Real Estate Agents would not only have expert knowledge but will also be able to provide you with guidance on key issues. These issues include Real Estate maintenance, this Estate Management, this Estate Care and Resale value of this Estate. Moreover this Estate listings and all other sources of this Estate marketing can be searched too. Before selling your building, a value-adding action can be to renovate your building. One must also be aware of the this Estate Documentation which is involved in Real Estate transactions.

Since property prices are towering world over, the future of real Estate looks luminous. Many have managed to mould a promising career in this Estate for the same reason. Though the push-ups and lunge-downs in property prices are unexpected and uncontrollable, if one has an inclination towards this field, then one must pursue it.

Article Source: http://EzineArticles.com/?expert=Efti_Babu

3 Internet Marketing Tips For Real Estate Investors

By Jason Phan

Decision making on how much time a real estate investor will put in different activities on the business is crucial. As they say, 'time is money'. It is no different when deciding to market real estate on the internet. Normally, having a website is a lot better than just email contacts. Though email is more personal, it has a lesser scope compared to a website available for viewing to the internet public. Decide how much time you will be devoting online on the internet.

The first tip we can give for real estate investors who do marketing online is to have a website and a design that appeals to the business. A website that would have a homepage that has photos that tell a story of buying and selling real estate will get the attention of the market niche being targeted online. Most of the time those who go online do a search and your website should be in the list of real estate websites that show.

Links and tabs that lead to other pages of the website should be easy to navigate. A buyer should get to a page for prospective buyers and a seller to their own page. Distinction of search and purpose in a website will get more interested. Avoid advertisements or links that will lead to another website. It really depends though if you would also want to earn from advertisements. That's part of the internet business! You could also include registration and log in for more contacts and leads. This could also be used for referral purposes.

The second tip is related to your website and that would be email. If you had used email in marketing it is now time to invite contacts to your website. Your contacts and those that will register on the website is a list that could subscribe to your communications. For every email you send out be sure that your website URL link is always present. It depends if you want a link to the homepage or a URL directly to the page you want them to be.

The third tip to be given for internet marketing for real estate investors is to find time to be active in real estate forums. As mentioned in the first tip, find time and manage it. An hour a day in different forums reading member posts, posting your own and some live chat with members is good internet marketing strategy. Your availability online is important. Just imagine you have a great website and good internet contacts but they hardly find you online. What business do you expect from them? Also, why should they give you business when it takes you decades before going online?

Last note here is not just applicable on internet marketing but in any form of marketing. Presence and availability of the real estate investor in communications is the most important factor. Will you shut down your mobile phone or leave your telephone line to answering machines? Of course no, as much as possible you want it open and available. Even if you have a big staff office, there is nothing that would replace your personal attention to the business.

Discover how to make money with the coming SIMS Profits Real Estate Investing System. Article Source: http://EzineArticles.com/?expert=Jason_Phan