Andy
Heller Explains the Higher Cost of Doing Deals That Take
Too Much Time...
...And
emphasis instead, focusing on an investing strategy that
takes the least amount of time, contains the largest pool
of available discounted properties and has the 'least number
of moving parts' as almost any legitimate REI strategy
out there.
“Buyers
are likely to do better with bank-owned properties
-- sometimes called "real estate owned" houses,
or REOs.”
The Wall Street Journal
Investors
are facing unprecedented problems, and opportunities:
-Problems
relating to steady positive cash-flow, what
was working in the past, often is not anymore, a lot
of work with little to show for it.
-Opportunitiesin this this buyers-market economy that have not been
like this in dozens of years.
The
Real Question Many Are Asking is...
Where to Start, Where
Should I Spend My Limited Investing Time for the Best
Safe Guaranteed Return?
While
there are many good investing strategies out there ...
REO's
Prove Especially Lucrative Because:
|
Marketing
Budgets are almost $0. Many
non-REO strategies require mass mailings, large internet
presence and substantial time spent on procuring leads
of buyers and Sellers.
Get
Properties Just as Cheap. Banks are overloaded
with properties and keep dropping their prices...so
cheap now it compares with the prices even short-sale
investors are getting.
The “Pocket
Listings” Magic Bullet. To move properties
quickly, REO agents are relying on their network
of Real Estate investors who they give substantial
discounts too, instead of waiting to 'move' the property
on the MLS.
What
About Selling? Making Money? Positive Cash Flow?
Nothing Happens to Something
Gets Sold...
If
Banks Aren't Lending Where are the Buyers Getting
Cash?
REO's
Are Easy To Profit Quickly From Because:
|
Investors
Can Lease-Option to Sellers. It's
common place for REO investors to collect a '$10,000-$20,000
down payment to a waiting Lease-Option Buyer. Yes,in
this market, buyers really do have cash.
There
is Sizable Positive Cash flow.When
investors buy properties at 30-50 cents on the dollar,
positive cash flow is a real reality...
Investors
can cash-out after 12-18 months. Many
buyers will convert to a traditional mortgage once
they've stabilized a brief payment history. Investors
have the option to cash out for huge returns...or keep
'being the bank'
There's
No
One
RIGHT
Strategy...But
Cheap
Properties
that
you
can
sell
quickly
and
take
very
little
time
to
acquire
are
very
attractive
Join
Norm Reid and Andy Heller on this webinar as
they discuss at length the REO Bank Owned Property
strategy that's working best in this market
