Thursday, 7 April 2011

Foreclosure Investing

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 Title: Foreclosure Investing
 Category: Real Estate
 Word Count: 673
 Author: John Michael
 Email: John@jmichaelrei.com
 
 Foreclosure Investing

 * Foreclosure Investing Can Be A Wonderful Source Of Profit & Bargains!
 * Over 1 Million People Face foreclosure in The United States Every
 Day!
 * 1,000's Of County, State And Government Auctions Are Held Daily!

 The numbers are staggering!

 Foreclosures are a nationwide epidemic!
 In some areas of the country, you will see more foreclosures than others.

 You need to learn how to be able to locate great deals for profit by:

 * Flipping
 * Wholesaling
 * Holding
 * Renting
 * Lease Optioning

 As a professional investor, you need to learn to actively research
 bargain-foreclosed properties during:

 * The Pre-Foreclosure Process
 * The Foreclosure Sale (Auction, Sheriff, Or Trustee Sale)
 * The Real Estate Owned Process (REO)

 You will also need to learn how to farm out foreclosure leads before they get to legal publication.

 Farming foreclosure leads is a simple process of:

 * Locating Fertile ground (Researching your most profitable area)
 * Tilling and planting seed (Marketing your foreclosure campaign)
 * Harvesting (This is where your profit comes from)

 The secret to foreclosure investing is simply knowing how and where to locate them. It can be difficult to locate and execute the purchase if you do not know what to do!

 The potential for profit is great if you invest with wisdom!

 Why Invest In Foreclosures? Because Foreclosures are at an all time high, Because of High instant profit margin for the well trained investor. You can buy at steep discounts: pennies on the dollar, Because The future trend is up ... up ... up ... due to:

 * Adjustable rate loan
 * Equity loans
 * Balloon notes
 * Unstable savings and loan industry
 * Uncertain economy - layoff, etc.
 * Divorce rate is high

 There is always a steady inventory of new properties.

 The Foreclosure market is a little understood or worked market.

 Minimum information is available to the uninformed public.

 * Sellers are motivated.
 * Most people do not understand the process.
 * Some properties can be purchased for little of your own money.
 * Banks do not want property back or want to dispose of property as soon as possible.

 Foreclosure Investing is not getting rich over night, but over the long term and in as little as 5 years you can and will be financially well off from investing in foreclosures if you learn how to do foreclosure investing correctly.

 Foreclosure properties can be a good place to invest for exponential growth or loss without a proper education.

 You will find some deals for little to no money down, but potential investors should take precautions as foreclosed properties can involve significant risks if investors fail to properly evaluate the background, market value, market time, cost of repairs and holding cost of a potential foreclosure deal.

 I suggest a simple process of building wealth as a Foreclosure Investor:

 Purchase 3 Foreclosure - Flip 2 - Hold 1

 Investors have various ways to invest in foreclosure properties.

 The Number 1 Way is to:

 * Purchase
 * Fix It Up
 * Rent It or Lease It Out
 * Creating a positive monthly cash flow

 As an investor, you then become a landlord, with all the responsibility of an investment property owner.

 This is a great way to build wealth using "OPM" Other people's money.

 Your customer pays your mortgage payment!

 You create a positive cash flow (The difference from your mortgage payment and the rent payment).

 Your property value increases every year from property appreciation.

 You get all the tax benefits of owning investment property.

 The Number 2 Way is to:

 Seek out foreclosures or "handyman" specials

 * Buy them
 * Fix them up
 * Sell them at or near retail
 * Taking -- a profit -- once the house is sold

 The Number 3 Way is to:

 * Purchase a foreclosure under market value
 * Wholesale it out to another investor for a profit

 You can download my free foreclosure guide and the Investors Yellowpages ebooks both for free as my gift to your success. at:
 http://jmichaelrei.com/html/foreclosure_investing.html

 To your success,
 John Michael

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