How To Make A Fortune Investing In Multi-Family Real Estate

Article by Dave LIndahl

We’ve all heard the dictum about the dangers and risks associated with putting all our eggs in one basket so many times that you would think when it came to real estate investment few sane people would want to place all their investment in a single-Family property.

Yet many of the people I meet in the courses I run have exactly this kind of approach which shows, perhaps, just how powerful market conditioning can be. Most of the real estate moguls we get to hear about tend to be single-Family property types (with the exception perhaps of Donald Trump who has taken the eggs in the basket dictum very much into account in everything he has done) and this tends to brainwash us into thinking that either this is the only type of real estate investment available to us or that this is the only type of real estate investment there is… (read the full article)

First Step In Becoming An Investor – Know Thyself

Shakespeare says, “Know thyself.” These words speak true for real estate investors, too. Early in my business, I learned quickly what I am not good at… accounting. I stashed receipts in shoeboxes for the first nine months of the year. The other three months, I tried to figure out what I did the first nine months. That is no way to run a business! Now I hire a service that takes care of these bookkeeping and accounting activities that still stress me out.

To “know thyself,” write down the real estate activities you like. If you love to talk to people and sell, you’ll be good at recruiting tenants, putting deals together, and selling them. Maybe you love detail and finance. You could happily pull together mortgages and financing deals. If you easily get irritated at people, you probably do not want to manage property, and so on.

Determine your answers to these questions, then build your team:

• What do you like to do? And not like to do?
• What kind of people do you like to be around?
• What kind of deals would fit your personality?
• What aspects of real estate investing best fit you?

Your Business Plan

Most real estate investors have absolutely no plan. They set out to find that property, they buy it, then figure out what to do by accident. When tenants do not pay rent, for example, they quickly evict them without researching options. Let me save you a lot of headache by insisting you write a plan…

(click here to read the full article)

Robert Shemin April 2011 All-Day Seminar – How Come That Idiot’s Rich And I’m Not

CT REIA and Robert Shemin presents:
How Come That Idiot’s Rich And I’m Not?

April 16, 2011. 9:00am to 4:30pm
Crowne Plaza Hotel. 100 Berlin Road. Cromwell, CT
$39 for CT REIA Members | $59 for not-yet-members

Learn more about this event at http://www.ctreia.com/events.php?a=v&i=338

You and your team have the rare opportunity to spend an entire day with one of the world’s most expensive and successful wealth and investing coaches, Robert Shemin.

Robert Shemin, CNN, FOX, MSNBC, and NPR wealth and real estate expert and author of 13 Best Selling books, has agreed to show you and other CT REIA member’s what will make you a fortune in today’s market.

Many successful people including investors, business owners, politicians, rock stars and entrepreneurs have spent tens of thousands of dollars for a few hours of Robert Shemin’s quantum wealth creation strategies. CT REIA has hired him for your benefit for the entire day!

CT REIA April 2011 Monthly Meeting With Robert Shemin – Secrets For Buying and Selling Real Estate

CT REIA and Robert Shemin presents:
Secrets For Buying and Selling Real Estate

April 11, 2011 – 5:30 to 9:00 PM
Crowne Plaza Hotel. 100 Berlin Road. Cromwell, CT
FREE for CTREIA and AOACT members | $30 for guests

For full details about this event, please visit http://www.ctreia.com/events.php?a=v&i=337

Discover the secrets that are only known by the true masters who make big money!
Internationally respected Wealth Creation Expert and current New York Times’ bestselling author Robert Shemin first became a millionaire at the age of just 32. But he didn’t want to keep all of his wealth-building strategies and financial know-how to himself. He’s taught tens of thousands of Americans the secrets to attracting, growing, and securing lasting wealth through his best-selling books and countless sold out seminars held to standing-room-only crowds in cities across the United States.

You Will Learn

• What steps to take to get started NOW and put it all together
• How to find great deals in today’s market
• How to analyze a deal in 17 minutes or less
• How to find all the money and funds you need
• How to sell properties in a soft market in 10 days or less
• How to put it all together and get it all together
• 3 proven strategies that can make you a fortune in today’s market

How To Sell Houses In A Down Market For Full Market Value

Article by Robyn Thompson (reposted with permission)

Many real estate investors shy away from the ugly house business because they fear selling houses in a depressed real estate market. We have all heard the horror stories of real estate investors who lose their shirt because they get stuck with a property they just can’t sell or rent.

I am here to tell you that this does not have to happen to you, but there are nine rules you can never violate. Selling a house starts before you ever buy it. I start focusing on marketing strategies as I pull up in the driveway for the very first time, not after I purchased and renovated the house. Most untrained investors never focus on selling until after they have the property renovated and by then it is too late for most. Let me explain why in more detail.

Step #1 for selling a house starts with buying the right house that the majority of first time buyers would want to call home. The easiest mortgage money for a first time buyer to qualify for right now is for a FHA, VA or Conventional Financing. The good news is the down payments are low and the seller can pay most of the prepaid expenses and closing costs. The bad news is the buyers need good credit. Buyers with good credit scores are much more critical about the house they pick to call home. Real estate investors must be very selective with the homes they are buying, renovating and selling to ensure they can sell for a large profit… (click here to read the rest of this article)

Robyn Thompson Seminar – Turning Foreclosures & Deals Into Big Pay Days :: 03/05/11 :: Meriden, CT

CT REIA and Robyn Thompson presents: Turning Foreclosures and Deals Into Big Pay Days

March 5, 2011. 9:00am to 4:30pm
Four Points Sheraton. 275 Research Parkway. Meriden, CT

$29 for CT REIA Members (spouse of Member is only $19)
$49 for not-yet-members

Robyn Thompson, the nations leading expert on buying, renovating and selling homes for huge profits, will be coming to CT REIA to teach our members how to make a fortune with foreclosures. Robyn Thompson is coming back to share the INSIDER SECRETS YOU NEED TO PROFIT in 2011 and weed out the competition.

Attendees receive a special CD Bonus: Winning The REO Game. This CD will teach you how to get pocket listings from the top REO realtors so you can pick the best deals first.

Robyn has rehabbed over 304 properties in her 14 years of investing. She is widely acclaimed as the premier teacher on rehabbing properties in the country. Robyn has an ultra successful investing career, and her process, techniques and system will work for you too.

For full details on this all-day seminar, please visit http://www.ctreia.com/events.php?a=v&i=330 .