About 4 weeks ago I hosted a webinar showing real estate investors how they could easily create a new revenue stream by offering debt settlement to their existing prospects. A number of people were on the call, however one individual, Roberto Diaz of www.XtremeHoldings.com based in Silver Spring, MD actually took action and closed his first debt settlement deal already!
Congratulations to Roberto for taking action and creating another revenue stream from an existing lead he was already working with!
Robert Diaz
Rob Wilander
Listen to the short case study below, where Roberto and Rob Wilander from Legacy Resource Group join me and explain exactly how long it took to close the deal, and how much they’ll earn in commissions:
If you’re ready to get started offering Debt Settlement to your prospects today, simply sign up for a FREE account by visiting www.REIMarketingTips.com/debtsettlement
Posted by justin_lee | Posted in Uncategorized | Posted on 20-05-2010
Below is a replay of the training that we recently hosted with Drew Downs about doing deals with CASH BUYERS. Drew reveals some incredible secrets on this free, content only training. Enjoy this, and be prepared to take a lot of notes!
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Today is my son Sebastian’s first birthday! I can’t believe
that it was a year ago today that he was born…as the saying
goes…time flies…
Speaking of which, we’re only 6 weeks away from the mid-point
of the year. Have you earned half of what your 2010 income
goal was?
If not, you should join the training I’m hosting this
Wednesday evening, May 19th at 5pm PST/8pm EST:
https://www2.gotomeeting.com/register/645223363
My guest is going to be doing a "content only" training
where he’ll reveal exactly how he works ONLY with cash buyers.
So if you’re tired of:
* First time buyers who can’t make up their minds
* Working six months to get a short sale approval from a lender * People who consider carpet and paint a major rehab
* Home inspectors who nitpick a property to DEATH * Wasting your time with people who don’t have a PRAYER of getting financing
* Deals falling apart at the closing table * not profiting in this real estate market
Then it’s time to start DOING DEALS TODAY with Cash Buyers!!
Register now:
https://www2.gotomeeting.com/register/645223363
I first met our guest 2.5 weeks ago in Los Angeles, and when
shared some of his strategies with me, I asked him if he would
be willing to share them on a training call with the
REIMarketingTips community.
In fact, he has a goal for everyone on the training call & that
is to show you how to find 100 CASH BUYERS in the next 90 days!
Register for this training now:
https://www2.gotomeeting.com/register/645223363
And don’t worry, there isn’t a course for sale at the end of
the training.
Happy Investing,
Justin Lee
REIMarketingTips.com
1685 H. St., #679
Blaine, WA 98230
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A few people who are still on the fence might be interested to see EXACTLY what’s inside the Commercial Foreclosure Goldrush home study course & system. I finally got my copy, and I want to show you exactly what’s inside:
Don’t forget that if your order at www.REIMarketingTips.com/cfbonus you’ll qualify for my bonus package. You’ll get the following incredible bonuses:
BONUS #1- Waived Set-up Fee for your very own SaveMeFromForeclosure.com county (Value: $2,497)
Instantly have a page 1 Google ranked website, instant credibility, a perfect track record with the Better Business Bureau and SO MUCH MORE with this bonus. What you get is too lengthy to list here, so check out http://www.TheForeclosureMarketingMachine.com.
BONUS #2- New 4 week coaching program showing you how to get FREE labor for your business (Value: Priceless)
Dreama and I have been working on a super secret project that shows you exactly how you can get FREE labor, from college educated people, without having to spend a penny on payroll. This is part of a super-secret new project we’re working on, but you’ll get instant, immediate access to a 4 week coaching program revealing EXACTLY what we’re doing with this. That’s all I can say about this, but if you realize that you need more resources to help your business grow, but you’re sick of Virtual Assistants, this is one bonus you simply must claim.
BONUS #3- Access Justin & Dreama’s Private Money For Your Commercial Deals (Value: Priceless)
If you have been following Dreama & I for a while you know that we recently sold our million dollar home in Vancouver to move to San Diego (because it’s cheaper here…seriously). We have set aside some of our funds for great commercial deals. In fact, we found one in February that pays us a net cash flow of $4,432.19 per month. But we’re looking for more. Purchase Karen & DC’s elite level program through our link, and be assured that we’ll personally review any deal that you’re working on and be able to help be private lenders on good deals that you find. These are our own personal private funds, not someone else’s. Sure no money down deals are possible, but when you have cash to bring to the table, the number (and quality) of deals available to you really opens up. (Please note that Dreama and I reserve the right to review and inspect all deals before we agree to lend on them).
BONUS #4- Be entered into the following prize drawings (Value: $1,000+)
Buy through our special link and you’ll instantly be entered into a draw for the following items:
Raffle Item #1- Free roundtrip airfare to Karen & DC’s 4 day bootcamp (so you don’t have to pay to attend, you can just show up)
Raffle Item #2- New flip cam
Raffle Item #3- New Ipod Nano
Please note that to qualify for these bonuses, you MUST purchase the EILTE level of Karen & DC’s system. To get these bonuses now, simply head over to www.REIMarketingTips.com/cfbonus
For everyone who is going to make an investment in Karen Hanover & DC Fawcett’s incredible Commercial Foreclosure Goldrush system, I want to be sure that when you purchase through my link, you are eligible for the following bonuses. Please note that to qualify for these bonuses, you MUST purchase the ELITE level of Karen & DC’s system. I recorded a quick video for you to watch to see all of the bonuses and how they work perfectly with DC & Karen’s system:
BONUS #1- Waived Set-up Fee for your very own SaveMeFromForeclosure.com county (Value: $2,497)
Instantly have a page 1 Google ranked website, instant credibility, a perfect track record with the Better Business Bureau and SO MUCH MORE with this bonus. What you get is too lengthy to list here, so check out this link.
BONUS #2- New 4 week coaching program showing you how to get FREE labor for your business (Value: Priceless)
Dreama and I have been working on a super secret project that shows you exactly how you can get FREE labor, from college educated people, without having to spend a penny on payroll. This is part of a super-secret new project we’re working on, but you’ll get instant, immediate access to a 4 week coaching program revealing EXACTLY what we’re doing with this. That’s all I can say about this, but if you realize that you need more resources to help your business grow, but you’re sick of Virtual Assistants, this is one bonus you simply must claim.
BONUS #3- Access Justin & Dreama’s Private Money For Your Commercial Deals (Value: Priceless)
If you have been following Dreama & I for a while you know that we recently sold our million dollar home in Vancouver to move to San Diego (because it’s cheaper here…seriously). We have set aside some of our funds for great commercial deals. In fact, we found one in February that pays us a net cash flow of $4,432.19 per month. But we’re looking for more. Purchase Karen & DC’s elite level program through our link, and be assured that we’ll personally review any deal that you’re working on and be able to help be private lenders on good deals that you find. These are our own personal private funds, not someone else’s. Sure no money down deals are possible, but when you have cash to bring to the table, the number (and quality) of deals available to you really opens up. (Please note that Dreama and I reserve the right to review and inspect all deals before we agree to lend on them).
BONUS #4- Be entered into the following prize drawings (Value: $1,000+)
Buy through our special link and you’ll instantly be entered into a draw for the following items:
Raffle Item #1- Free roundtrip airfare to Karen & DC’s 4 day bootcamp (so you don’t have to pay to attend, you can just show up)
Raffle Item #2- New flip cam
Raffle Item #3- New Ipod Nano
There you have it. Four incredible bonuses available for you by purchasing DC & Karen’s system through my special link. Remember that you must purchase the ELITE level of their system, and also use my link. After you do that, just forward me your receipt and we’ll take care of you.
Did you see CBS’s 60 Minutes last night? They did a piece on “Strategic Defaults”. Here is the 12 minute news piece in case you missed it (my thoughts on this below):
So what are the perils of strategic defaults from the investor’s perspective?
First, you should NEVER suggest to your prospects to stop making payments. EVER. Of course, once someone decides to no longer make mortgage payments, and they are already late, then by all means I would engage them about a short sale.
Second, I would strongly encourage you to educate people who are considering just “walking away” on the numerous advantages of a short sale over this strategy. I actually wrote a blog post about this about a year ago, that you can read here.
Third, you need to be aware of the potential allegations of fraud when working with a strategic default. Freddie Mac recently came out with an article titled “A Perspective On Strategic Defaults”. This goes back to point #1, which is you should NEVER be telling a homeowner to default on their mortgage. My friend and colleague Ron Ballard also has come great insight on this topic on his blog. And my friends at Old School Title have suggested that investors should start asking for a copy of a homeowner’s credit report to ensure that they short sale they are working is not a plan for a strategic default.
In closing, I would think that we are going to start seeing more strategic defaults. What I do find interesting, however, is the notion of “just walking away”. To me, this seems silly, to let your home go into foreclosure, instead of finding a short sale buyer. I understand that some people don’t want the disturbance of potential buyers looking at their property, but this to me seems a small price to pay in exchange for only having a short sale, and not a foreclosure, on your credit report for the next 7 years.
I would love to read your comments below on this very controversial topic. Please remember to let us know if you’re addressing it coming from the point of view of an investor, a homeowner, or someone else.
Chase Bank will host multiday foreclosure prevention counseling events in eight markets across the country. The events will occur over the next five months and the first one will be held in Chicago from May 13-17. Events for Atlanta and Washington, D.C., will follow in June. Dates for the remaining markets — New York, Northern California, Orlando, Phoenix, and Southern California — have not yet been announced.
Now as a real estate investor, how can this benefit you?
Well, do you think that a lot of your prospects (homeowners facing foreclosure) might be at these events? Did you know that Chase opened 51 Chase Homeownership Centers nationwide to help homeowners facing foreclosure?
Check the list. Their might even be one in your town. There’s 2 of them here in San Diego.
My team and I are sitting down today to strategize about how we might be able to work with these centers.
I wouldn’t recommend just running in the door and screaming “We Buy Houses!”.
However, if you think about this strategically, there might be a way to let the people who work at these Chase centers know that you’re interested in buying short sales.
I’d love for you to post a comment and let me know how you might approach these centers and create a win-win-win for everyone involved (Chase, the homeowner, and you).
Don’t miss this webinar, register now by visiting www.REIMarketingTips.com/cfwebinar
Don’t forget that Karen Hanover & DC Fawcett are going to be answering your questions LIVE, on the call tonight. Nothing will be sold on this call, so do your best to attend it. There are 2 times you can choose from. Register now for this Commercial Foreclosure & Short Sale Training Webinar.
As a special bonus, I’m going to give away an Ipod Nano for anyone who attends the training tonight, and posts their big 3 “Aha” moments from attending the training.
To eligible for this prize, simply attend tonight’s 100% free Q&A training where nothing will be sold and list your 3 big “Aha” take aways from the training. Dreama and I will judge and then award the prize.
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