The latest scam to hit the real estate guru scene is an ebook sold by a couple who allegedly is making money from the kitchen table using tax liens, called Tax Liens Made Easy. I have received feedback from multiple people who purchased their system through Clickbank and the feedback was underwhelming. I personally tried to contact them through their website and the contact form was broken on more than one occasion. I found a contact … read on »
Why Cash is Not King
In real estate, cash is not king because you don't actually need it to buy properties once you understand how to buy. This evening I had the privilege of having dinner with a veteran real estate investor who was a wealth of knowledge. He shared with me lots of stories including one of how he could have picked up a seven-figure property and doubled it within a few short years, and best of all it … read on »
How Sub Prime Lending Created Investment Opportunities
There are lots of ways that sub prime lenders contributed to the mess we are in, and I would like to point out just a few. 1. Approving loans that never should have been approved. It's no secret that many of the loans that were underwritten should never have happened. The aftermath is families were wounded financially, and now as the government continues to step in, we the tax payers, get to carry the burden from … read on »
5 Great Places to Find Great Real Estate Deals
There are lots of places to find great real estate deals right now. My state, Arizona, is one of them, but there are several markets where people are finding phenomenal deals. Here are my top 5 recommendations: 1. Florida 2. Nevada (Las Vegas area) 3. California 4. Michigan 5. Arizona We have contacts in all of those states who can help you find a great (below market) property. It doesn't even have to be a foreclosure as thousands of home owners … read on »
How to Get a 1000% Return on a $20,000 Investment
One of the things that veteran real estate investors know, is that over time, real estate always increases. As one of my mentors recently pointed out, there is NO real estate in the country that is worth less today than it was worth 10 years ago (if you find it, let me know). sure we are in a slight adjustment, but that is when you need to make your move. Imagine what would happen if you … read on »