Saturday, September 26, 2020

Real Estate Investing in 2020/21 - The "CRISIS EFFECT"

 


Due to the crisis now upon us, as described below, unlike any other time in recent history, people who know a few simple strategies can make huge fortunes in real estate even if you have no cash or credit available and know nothing about real estate. Real estate investing is one of the best ways of putting money to work for maximum profits with little or no risk and is easy to learn (see "The Simple Man's Guide to Real Estate"). There is a reason why it always features prominently in the portfolios of billionaires and other sophisticated investors - it offers relative stability and attractive returns.

That said, 2020-21 is unlike any other years in recent history, unique in the circumstances surrounding real estate. The pandemic has changed much in both traditional investments and even business, and real estate is no exception. So, exactly how has the real estate landscape changed, and what is the best strategy for profits? That depends on whether you are buying a home for your family, rental properties, rehabs or real estate to flip for quick profits. Here are two situations that the COVID-19 crisis has created, followed by one of  the most effective strategy for taking advantage (there are 21 other methods, depending on your goal):

MASS MIGRATION:

If you get your news from outlets other than mainstream media like MSNBC, HuffPo, CNN and Washington Post, you are probably keenly aware of the civil unrest - riots, looting, burning and yes, even murders in major cities. And while that may quell for a time after the election, that quiet will only be temporary regardless of who wins. By next spring/summer you can expect the disquiet to escalate. Couple that with draconian lock-downs in many areas and the result is mass migration out of those troubled areas. And that has its own result - demand for real estate in suburban and rural areas is skyrocketing - and with it, prices. This creates mega-opportunity for both investors and those in suburban areas looking to cash in and move up to something better - even newbies and people without available cash or credit, as I will point out in a moment.

OFFICE SPACE:

The pandemic has created a second set of circumstances that will have a tremendous effect on real estate. Because of virus contagion, many businesses have shifted all or much of their business online, to work-at-home models utilizing software like Zoom to hold virtual meetings and conferences, and using Doc-U-Sign for signing important documents virtually. Many businesses have indicated that even after the crisis passes they may very well continue that arrangement – both for convenience and cost issues.

As so many will be working remotely, the focus for those workers will be on securing suitable residential property with home office space, rather than commercial office space, again creating high demand and higher prices. On the flip side, as some businesses reduce their workforce of those who work in the office, the select few who remain, usually top staff, may move to more prestigious (and smaller) locations, so prices of the "most prime" office space are likely to rise due to increased demand.

And for all those less desirable office buildings? The prices will likely provide bargains to investors who think outside the box, and dream up ideas on how to re-purpose them for other uses, like incubators for emerging businesses. If you already hold some of those properties you may want to consider unloading them before values drop.

Based on these changes in the preferences of buyers and investors on different types of properties and the locations, there is likely to be a shake-up in the valuation of many property types - some will increase, others will decrease. Just something to keep in mind if you currently hold some property or if you intend to make purchases soon.

THE BEST STRATEGY IN THESE CASES:

Whereas these circumstances will cause rapid changes and may not last long, you want to choose a strategy that:

  • can be executed quickly
  • can be executed with little or no cash or credit, so you can pursue several, simultaneously
  • is so simple a child could do it (with the right know-how)


And that strategy is ASSIGNING, more commonly referred to as "wholesaling". Assignments can often be completed in just a couple of weeks, and sometimes faster than that, since there is no need to qualify for a mortgage or hold a closing. Assigning is as simple as getting a property under contract, then selling that contract to an end buyer and collect an assignment fee. I have seen assignment fees ranging from a few thousand dollars up to over $30,000. In this climate a property valued today at, say, $200,000 could easily increase in value by as much as $20-30,000 quickly, with buyers coming out of the woodwork to buy up those contracts due to limited supply and nearly unlimited demand. This is exactly what occurs in "bidding wars" as several buyers compete for each property.

Even better - you do not have to get a property under contract with a purchase agreement. The exact same method can be used with a simple option. The advantages of an option are a) you need not be concerned about being locked in to buy the property if you cannot assign the contract, b) you don't need to put up much cash - all that is legally required is one dollar, and c) there is no need to undergo a credit check. This simplifies everything.

Of course, even though assigning is extremely simple, it's all in the know-how - the details - and the specific contracts that allow assigning while not locking you in (just in case you cannot find a buyer) while assuring you are always acting within state and federal law. There is a right way, and many wrong ways. The right way is found among the 24 real estate investing methods detailed in "The Simple Man's Guide to Real Estate", all laid out, step-by-step, and includes software to create necessary contracts and, perhaps most important, free, unlimited mentoring by professional investors. It is the only course that  provides that essential ingredient.

The above scenarios are best for making profits quickly, without the need for cash or credit. For others, such as home buyers, rehabbers or investors looking for passive income, "The Simple Man's Guide to Real Estate" covers, in detail, all 24 methods of real estate investing.

Make no mistake - if you have ever considered getting into real estate, or if you simply want to expand your options, the time to act is NOW! This opportunity will not last forever.

Check it out - you have nothing to lose, and everything to gain.


/

The Clever Investor - Cody Sperber: A Comparison

 

Real estate investments have long been one of the most attractive ways of putting money to work for the greatest profit. There is a reason why it always features prominently in the portfolios of billionaires and other sophisticated investors. It offers relative stability and attractive returns.

For those who seek to benefit from such investing it is necessary to learn from those who have done it. Hence, the proliferation of "gurus" such as Than Merrill, Armando Montelongo, Ron Legrand & Carleton Sheets et al. The purpose of this post is to compare two such programs - The Clever Investor, by Cody Sperber, and "The Simple Man's Guide to Real Estate" by Bill Vaughn. These two have been chosen specifically in regard to the best strategy for the current housing situation that has been created by the 2020 pandemic. The pandemic, along with the lockdowns and civil unrest has created a unique set of circumstances where millions of people are migrating to escape such things, creating a very "hot" market. It is the kind of market that makes "wholesaling" (assigning) not only easy, but also extremely profitable. A strategy that requires neither cash nor credit. Anyone can do it.

Both programs have "A" ratings with the Better Business Bureau.

The Clever Investor program starts at $297 for the basics. From there, a representative will contact you and make every attempt to convince you to upgrade to other facets of the program, such a mentoring. Upgrades can run from $5,000 to $39,000, depending on the upgrade. [side note: you must "sign up" from their website for more information - their site does not tell you the costs, or much of what they offer. This is so they can contact you t sell you on their materials.]

"The Simple Man's Guide to Real Estate" is operated as a not-for-profit, to keep it affordable to all. Developed by investor/author Bill Vaughn, with over 50 years experience investing in real estate, the program includes everything necessary for success:

  • Teaches all 22 legitimate methods of investing in real estate, in detail
  • Intuitive agreement software for creating all your contracts with ease
  • 24 real estate related bonus ebooks
  • Free, unlimited mentoring by professional investors
  • Free audio set of CD's - learn while you drive
  • Free thumb drive that features the entire course - take it with you anywhere
  • Phone consultations with the author, Bill Vaughn available

The total, one-time cost of "The Simple Man's Guide to Real Estate" is under $100, complete. Complete information plus some great free gifts are available here. It costs nothing to look...


/


Friday, September 11, 2020

Real Estate 101 - Finding an Affordable Mentor

 


If there is one thing that can sabotage a career in real estate investing from the start, it is fear of failure coupled with analysis paralysis. The simple fact that real estate concerns such large amounts of money is enough to intimidate many would-be investors. But there is a simple cure that removes most, if not all the roadblocks to learning this craft and pave the way to a very profitable vocation.


A qualified real estate mentor or coach can help you in every aspect of buying, selling, and flipping. Whether it is how to locate a target property, how to negotiate a deal, putting together good offers and even how to finance and close a transaction - even if you have no cash or credit - an experienced mentor can get you through from start to finish. For most "newbies", a good mentor can make the difference between success and failure.


This raises a few questions, such as where or how to find a mentor and what you can expect to pay for their expertise, as well as what you need to look out for.


FINDING A MENTOR:


Your first thought might be to team up with an experienced mentor that is local to you. In most instances, that is a poor choice for the simple reason that most investors will not properly or completely train their future competitor. That would be like cutting their own throat. And in cases where a local mentor is enlisted, the mentor is more interested in USING the newbie to further his own goals.


You might ask how can a mentor who is not from your area help you. First, understand that the methods of investing do not change from one geographic area to another. A qualified mentor can easily "hold the hand" of a newbie 3,000 miles away, especially now that we have the internet and better, instant access to communication.


Let's assume you have located a mentor - the next step is to determine his or her qualifications. Can the mentor provide evidence of properties bought and/or sold in the last few years? How many other newbies has the mentor trained? How many of the 22 methods is the mentor experienced in? Upon discovery of their qualifications, you must then consider...


COST:


If you have ever considered investing in real estate you have probably checked out some of the courses offered by one or more "infomercial gurus" like Armando Montelongo, Ron LeGrand or Than Merrill's FortuneBuilders. After checking out the cost involved, you likely gave up on the idea of becoming a real estate investor, since most of those gurus charge anywhere from $5,000 to $35,000 or more. But do not be so hasty in abandoning your dreams...


What if I were to tell you that it is possible to enlist the services of a professional investor with at least 25 years experience in the field, and that you can have nearly unlimited access to that mentor at a one-time cost of less than $100 (they operate on a not-for-profit basis)? And what if I told you that the cost includes everything else you would need - a complete course detailing all 22 methods of real estate investing, produced by a professional investor with over 50 years of experience; software that creates all the contracts as needed and much, much more? Would you be interested?

 

You can check it out for yourself, risk free and without obligation at https://www.intellibiz.com. And with the mass migration going on these days with people fleeing the cities suffering civil unrest, there has never been a better time to get started.


Do yourself a favor and give it a look - they have provided their course and mentoring to over 316,000 students over the last 30+ years. They have a track record you can trust, at a price anyone can afford.


/



 

 

Tuesday, September 1, 2020

Huge Real Estate Profits in the Age of Covid-19 & Civil Unrest

 




There is a tremendous amount of uncertainty these days, particularly in respect to COVID-19. But there is one thing we can be certain of - because of COVID -19 and the current state of civil unrest, the opportunity to make huge profits in real estate, quickly and easily, is very real.

Understand this simple concept: real estate investing is most profitable in a period of mass migration as we are now experiencing. Whether you live in a metro area experiencing violence & unrest and need to get out, or you live in the suburbs or rural area, or you are simply looking to get a great deal on a new home, there is now great potential to "feather your nest" even if you do not have cash or credit to work with. As people flee the cities en masse to escape civil unrest and draconian lockdown measures, they need housing elsewhere, and the "elsewhere" is suburbs and rural areas. And thanks to "supply & demand", the price of housing in those areas is skyrocketing. If you know the tricks of the trade (see below), you can take advantage of the profits from that migration.

Even in urban metro areas there is great potential. As cities empty, the uber expensive property in those areas drop in value precipitously. An investor who knows how to take advantage is in a position to pick up massive bargains, as prime properties once worth a fortune become bargains. Why would you want to control (not necessarily own) such properties? Because they will very quickly regain their value once things settle down. By learning how to take over control of a property from desperate sellers, you will be able to cash in when things turn around.

If you think you need deep pockets and great credit, think again. Neither is necessary. Of the 22 different, legitimate methods taught in "The Simple Man's Guide to Real Estate", 8 of those methods do not require you to put up cash or credit.

But here's the catch - this real estate surge will only last a little while, perhaps 18-24 months. If you do not act now, you will miss it.

Do yourself and your loved ones a favor and at least check it out. It costs nothing to look!

/