Posts Tagged ‘real estate investor’

May 23rd, 2011

Robert Kiyosaki – Real Estate Investing System

Robert Kiyosaki

Robert Kiyosaki

Robert Kiyosaki  – Real Estate Investing System

Born on April 8, 1947, Robert Kiyosaki is one of the most popular authors and motivational
speakers in the nation today. He is famous for crating the popular Rich Dad, Poor Dad series of motivational books, and his books have already sold a combines 26 million in sales. He is also a very talented investor and businessman. Here’s a review of Robert Kiyosaki‘s Real Estate Investing System.

What Robert Kiyosaki’s New Book Says

Robert has recently come up with a new book on the real estate industry, and it’s
aptly titled The Real Book Of Real Estate. The book actually contains chapters that
are compiled by Robert’s team of twenty two real estate experts, and also includes real-life experience quotes from Robert himself. His book asserts, like on other Robert Kiyosaki creations, that real estate is a great place to star an investment, because the average agent or investor is given the chance to tinker with all the systems. And because real estate is essentially fairly stable and inert,  it gives average investors with more time to correct their flaws and wrong calculations.

Treat Your Real Estate Investing as A Business

Robert’s new book, like his other writings, always asserts that you need to treat your real estate investing as a business. In The Real Book Of Real Estate, one chapter deals with the topic of how to treat your real estate investing as a business. Robert’s team of expert suggest  that what each and every investor should do is to learn that real estate investing is indeed a business, and if you take care of your business, you will be able to get the well-deserved tax breaks and other benefits that most business men and agents don’t realize. The book also contains invaluable advice which are intended for you to conquer the real estate investing game, regardless of whether you are a newbie or a veteran agent or broker.

The Book Contains First–Person, Real-Life Real Estate Accounts

Robert Kiyosaki’s new book  interestingly contains lots of real-life, real-world first-person stories and accounts  of real estate experts and investors who share their experiences on how they started and fared in the industry. Some share their frustrations with the system, while others share their passion for a “system-driven” business which allows the owner to back off and let his or her business run by the system. The real estate system is also seen my most experts as falling into the system-driven category, because it consists of a chain of command, procedures, decision-making systems and more.

Robert Kiyosaki’s perspectives and principles on  investing and money are remarkably different from the traditional principles of the industry, or the times. Robert strongly believes that the old-school beliefs of  getting a good job, working hard, saving money, steering out of debt and long-term investing just don’t work in today’s economy. Much of Robert’s philosophies and principles  strongly focus on how to generate passive income from   investment opportunities like business and real estate. In generating passive income from a business or real estate, the main goal  should be to support oneself by such investments alone.

To get FREE Training for Real Estate Investing from the Experts Robert Kiyosaki consults with Click Here

-Aislee

May 20th, 2011

Bill Twyford – Bulk Bank Owned REO Properties

Bill Twyford

Bill Twyford Bonuses

Bill Twyford – Bulk Bank Owned Reo Properties

Bill Twyford is a professional real estate investor, master negotiator and trainer. He has been in the real estate business for years, and he knows more than a thing or two about bank owned REO properties. But first, what exactly is meant by REO? REO actually means real estate owned property, and this type of property is usually taken back by the mortgagor when it continues to remain unsold after a foreclosure auction. Here are more of Bill Twyford ‘s helpful insights on how to profit from bulk bank owned REO properties.

Why Many Foreclosed Homes Remain Unsold After An Auction? Bill Twyford

According to real estate experts, Bill Twyford himself included, homes that are acquired by the bank from foreclosure are called REO, or real estate owned. These properties are tossed back to the mortgage company in the bloody aftermath of of an unsuccessful auction. But why does this happen often? The truth is this happens most of the time.  One of the main reasons for this is that the minimum bid on the foreclosed property would have to cover the costs that are currently owed to the bank or lender. The other add-ons include loan balance, attorney fee,s accrued interest, as well as any cost that;s associated with the messy foreclosure process. During an unsuccessful auction, if the minimum bid is not met, then the foreclosed property goes back to the bank as REO.

Bill Twyford – Strategies For Purchasing REO

Bill Twyford, who has over 840 real estate deals in his belt, will probably have no problems with purchasing and selling REO properties. For beginners and upstart realtors, there is actually a strategy for purchasing an REO. Because most banks and lenders will not immediately dump any of their excess real estate inventory for a cheap price, there will be some bargaining involved with securing REO properties at the desirable price.  In offering for REO properties, make an offer, for which the bank will also present a counter-offer, which may be at a higher price than expected. Be prepared to counter and make a counter-offer, as this is all part of the game for acquiring REO properties.

Contact A Listing / REO Agent Before Making An Offer

In dealing with REO properties, don’t always expect that a deal will quickly be pulled off. Like in other real estate transactions, you offer and succeeding counter-offer will have to be reviewed and approved by the bank’s officers and directors. Before making any offer though,  contact your listing/ REO agent and ask if there any inspection reports that you need to read or look over, as well as ask if there is an “As Is” form. Also find out how long will the bank take t accept an offer, as well as how many lines of approval need to be passed before your offer gets approved.

According to veteran Investors like Bill Twyford, bank owned foreclosures and  real estate auctions offer juicy deals on distressed or already foreclosed properties. However, as banks are in business to lend money, and not to collect or store foreclosed properties, banks will generally want to dispose of  foreclosed or REO properties, and sell them off at large discounts.  To better improve your prospects, take time during the weekend to  spice up your offer by providing the listing agent with pre-qualification on your mortgage or approval letter, as well as determine the right amount to have your offer accepted.

To get FREE Training on REO Real Estate Investing with Bill Twyford Click Here.

-Aislee

May 6th, 2011

E. Alan Cowgill and Private Lending Made Easy

Alan Cowgill

Alan Cowgill Bonuses

E. Alan Cowgill and Private Lending Made Easy

E. Alan Cowgill used to toil and in the monotonous world of corporate life. Faced with  mounting debt and no money in the bank, he stayed up one night and watched the real estate infomercials on TV. He bought one of those home study methods and learned all the requisites of the real estate market. Pretty soon, he always already closing lots of deals, and making more money than he ever earned in the corporate world. Today he is a successful full-time real estate investor. Here are a few insights on E. Alan Cowgill ’s ideas on where to get money, fast.

The Drawbacks Of Dealing With Hard Money Lenders – E. Alan Cowgill

When home sellers are distressed, as many are in these recession-weary times, they are always on the lookout for creative financing schemes to help them save their homes. However, most distressed sellers who need money fast often fall prey to hard money lenders who often squeeze them dry. The drawbacks of dealing with hard money lenders are aplenty. First, hard money lenders generally require that you pay as much as fifteen percent in down payment. The process of coughing this much money often cripples sellers, as it ties up their personal funds. With hard lenders, clients also need to pay back the loan in as little as 12 months, and they can’t even owner-finance the property or go for the lease option. What’s worse is that, they may even be required to pay for the renovations using their own money.

How To Easily Find Private Lenders – Alan Cowgill

To steer clear of hard lenders, and find better terms with private lenders, E. Alan Cowgill has a number of helpful suggestions.  First, you need to create a business plan. You should be able to create a business plan or package that you will present to viable lenders. The business plan includes your current financial outlook,  financial performance statement  for the past 12 months, and your ideas for growth.

E. Alan Cowgill also suggests that for you to find private lenders, you must offer the lender at least a ten to twelve percent return on their investments. Next, buy a list of local certificate deposit holders. This type of list contains the names of persons who have invested their money for long-term profit. You can get this list from the bank. Once you get the list, you can speak to the individuals listed personally, and see if these are interested in your business plan.

Alan Cowgill also asserts that you need to work with folks that you
have a prior relationship with so you are in compliance with the SEC.
If you want to advertise then you will need to REGISTER with your
states division of the SEC. Once you meet with prospective private
lenders,  fully explain to them what services are offered in your business, what products you offer, as well as provide them with your name, contact information  and other  pertinent business details. Finding a private lender may be a hard thing to do, especially if you don’t know where to start. Before looking for a private lender, make sure you understand the basic tenets of private lending, before you begin creating your business proposal.

To Get FREE Real Estate Training from Alan Cowgill and a special Real Estate Private Lending bonus  click here

-Aislee

May 2nd, 2011

Robert Kiyosaki No Money Down Philosophy

Robert Kiyosaki

Robert Kiyosaki

Robert Kiyosaki and No Money Down

Robert Kiyosaki is a world renown Author, Businessman, and Real Estate Investor. His book “Richdad, Poor Dad” is a New York Times Best Seller. Robert Kiyosaki highly recommends investing in real estate as a means to building financial wealth and establishing passive income. He shares his years of experience and insight on the benefits of real estate and when getting involved to treat real estate as a business.

Robert Kiyosaki No Money Down Problem

As with any business, you need start up capital. There are plenty of guru’s teaching ‘No Money Down’ Techniques and Robert Kiyosaki ‘s position on the Technique is pretty strong. He believes that the message that is delivered with the ‘No Money Down’ Techniques has an inherit problem and teaches fiscal irresponsibility. The problem he likes to state about ‘No Money Down’ investment seekers is that there is an underlying problem of them not having any money. That is the issue Robert Kiyosaki believes that needs to be addressed first, before they begin using ‘No Money Down Techniques.. Now many other gurus won’t mention this at all because they want to sell you their courses, books, and other products. But the fundamentals on building wealth or any business needs to be address at some point or you are doomed to fail.

What Robert Kiyosaki and the Notorious BIG have in common?

In the famous words of the late great poet, Christopher Wallace aka The Notorious BIG, “Mo Money = Mo problems.” To put that into context, it doesn’t mean having or making alot of money is bad. It means that that if you can’t manage the 40, 50, 60 thousand dollars you earn per year today, how do you expect to handle when God blesses you with the opportunity to earn two, three, or ten times that amount. Therefore you may have just multiplied your problems. I am sure Robert Kiyosaki would agree with The Notorious Biggie Smalls on this “Mo Money = Mo problems” Interpretation. The FREE Report “If You Want To Get Wealthy, You Must Break The Law” addresses how to fix your money management problems once and for all.

To get FREE Training for Real Estate Investing from the Experts Robert Kiyosaki consults with and recommends Click Here

Once you understand the fundamental law of managing your money, then you must understand cashflow. You must have positive cashflow to move forward. I run into people all the time who want to get started in business or in real estate with out learning the skills to keep them in business. For example, I have seen many people execute a no money down strategy, but don’t have the money to make the simplest of repairs. They began to rob Peter to pay Paul and before you know it they have an empty rental property, behind on payments, and headed to foreclosure. They then begin to get desperate and make silly decisions. Finally they either find an investor like myself to bail them out or lose the property to foreclosure hurting their reputation and killing their self esteem.

So what do you do to avoid that situation if you have no money? Robert Kiyosaki

The answer is simple. You get educated and adjust your strategy. You find a mentor that knows what they are doing and work with them. These are the things that you can learn at Moguls in Real Estate Real Estate training website. There you can shave months or years of time and save thousands of dollars and save plenty headache by learning from others mistakes. We have done it or seen it. We evaluate all the information and help you separate the good stuff from the nonsense.

What many people may not know is that Robert Kiyosaki once worked with John Burley, a real estate investor and expert, and wholesaler.  John found many deals that Robert purchased before he became well known for his books. Roberts system is good for the masses of  investors. What i mean by that is if you have some capital to work with and good credit and income to support yourself and this new venture then your chances of succeeding increase significantly. If you are  don’t have any start up capital and bad or no credit then Robert also has some no money down strategies. Moguls In RE helps you break down how to incorporate the techniques in your business.

To get FREE Training for Real Estate Investing from the Experts Robert Kiyosaki consults with and recommends Click Here

-Aislee