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Annetta Powell

Don't Beleve the Hype!

Have you heard? Freddie Mac and Fannie Mae are on the verge on bankruptcy? Banks no longer have money to lend? Start spreading the news! Home prices are falling! The United States real estate market has hit rock bottom! There is no money left to be made in real estate! Foreclosures are at an all time high! Get out while you can! DON'T BELIEVE THE HYPE!

The aforementioned headlines have become staples on our daily television newscasts, in magazines, internet blogs, and in conversations around water coolers all over America. With our lethargic economy, skyrocketing unemployment rates and the ever increasingly Notices of Sheriff Sales, reports on foreclosures and a failing real estate market are at an all time high. SS&P/Case-Shiller Home Price Index reported today "Home Prices Drop 15.9%" (over a year). The media is certainly doing a great job of informing the masses of the calamities at hand. On the same note, there is always another version to the story; the one that has been omitted, swept under the rug, and tucked neatly into the closet. Now is the perfect time to make money in real estate! Let us rehash the facts: Home prices are at an all time low, the surplus of properties are at an all time high, yet there is still one constant; people will ALWAYS need a place to live.

Where is the logic here? Real estate has been and will always be one of the most stable and profitable investment strategies. Smart, money savvy investors know that the key to cashing in on this real estate market is to buy low and sell for a profit. Banks are now offering amazing deals, selling homes at wholesale rates, even pennies on the dollar! In fact, banks are so desperate to liquidate their portfolios; they are actively seeking qualified buyers, negotiating unheard of deals, and even selling homes for one dollar. That's right, one dollar! Purchasing distressed real estate at bargain basement prices, renovating, and selling at retail value has never been easier than in today's market.

You are probably wondering by now why I am refuting information the media and financial institutions are providing? As a successful investor, I am living proof that the only way to financial freedom in this economy is through real estate. Six years ago, I got fed up. I was sick and tired of wondering when my pink slip would be issued, wondering how my meager paychecks would last until the end of the month; tired of getting by Just Over Broke (JOB)! I decided to take control of my future and invest a portion of my hard earned savings in a real property. After the sale of my first real estate property, I earned a profit of $24,000 and today I have sold over 600 homes, totaling an excess $50 million in sales. Now, I have the financial security I always envisioned, and am able to help my family and others realize their full potential. I have developed a proven system to cashing in on foreclosures and will be sharing my secret techniques on purchasing homes with no credit, little or no money down, targeting the right neighborhoods and more at FREE Training Seminars nationwide. Real estate saved my life! I know many of you reading this right now can relate to how I felt six years ago and you cannot afford to be left behind. DON'TBELIEVE THE HYPE! To register visit my website www.cashinonforeclosures.com or call 866-758-3555 to attend the FREE Training Seminar on Wednesday, June 24th or Thursday June 25th at 12:30 PM or 7:00 PM to uncover the truth about becoming successful in real estate investing and get on the path to your financial freedom!

The Queen of Real Estate,

Annetta Powell

"Who's in your Favorite Five?"

T-Mobile has branded themselves with the commercial that poses the famous question "Who's in your favorite five?" Here, subjects can choose up to five numbers or people who they can make unlimited calls, in or out of network. Who should go in the favorite five circles? This catchy slogan has really got me to thinking lately about who would be my favorite five. Think for a moment about who would be in your favorite five. Would it be your parents, your best shopping buddy, your significant other, a pastor, or co-worker? The lists of possibilities are endless; it's not as easy as you thought, is it?

Our favorite five should be what some refer to as our flat tire people; those who without a doubt, if you called at 2am with a flat tire, would roll out of their warm beds and come to your aid. Again, now think carefully, who would be on your flat tire list? Most likely, those who we casually play basketball or video games with, accompany us to a movie, or girls night out are not most likely to extend themselves in a time of crisis. As a result, our flat tire people or favorite five should be our strong tower of support, and consist of those who share our goals, morals, and interests; those whose company you not only enjoy, but rely on for personal growth. I've learned that growing up, most of the (incorrect) things we have been taught is the cause of our relationships being built on shaky foundations. We must strive to surround ourselves with positivity, so when our cup is empty, it can be refilled.

Unfortunately, too often, those closest to us tend to drain our resources, time, and energy. We make poor choices, associating with those who do not deserve our friendship. Now is a great time to evaluate our flat tire list and check it twice. Your best shopping pal may always be available to help you find the bargain basement deals but does she have your financial health in mind? Would he/she be able or available to come to your aid in an emergency? Could she help you out of a bind, lend money, or more importantly offer sound spiritual or financial advice?

Please do not think that I am implying that only those currently share similar financial capabilities are viable favorite fives. It is not about the amount of money one has, but the state of mind or financial whealth. I am saying that in order to ascend, to climb to the next level, we need like-minded folk in our corner, urging us forward instead of pulling us down. Choose those who will add to your harvest, and increase the bountiful crops you've planted. Make your flat tire list carefully, and check it twice. No matter who is in your circle, your favorite five, your network, I encourage you to ensure the relationships are mutually beneficial.

On June 24th and June 25th , I am holding a Cashinonforeclosures.com FREE Training Seminar where I will share the secrets to building wealth via real estate and other valuable information that is usually only privy to my favorite five. I am positive you will find a few new favorite fives who share your dreams of getting on the path to financial freedom. If you are serious about improving your quality of life, achieving financial stability, personal growth and development, you cannot afford to miss his event!

Visit my website at www.cashinonforeclosures.com or Call 866-758-3555 to register now!

The Queen of Real Estate,

Annetta Powell

RECESSION PROOF YOUR INCOME

Anyone who believes we are not in a recession has been asleep for the past few years. It is time to wake up people! In a recession, we must rethink our previous way of life, doing business and our spending habits. During a recession, you have to change the way you buy and sell real estate if you want to survive. Think about it, you can't use the same boom time strategies to make money during bust times.

Who ever thought gasoline would be $4 per gallon? Who ever thought Chrysler Financial would discontinue lease options? Who ever thought job freezes and salary cuts would be at an all time high? Regardless of what we thought, we must face the grim reality that our economy is in a recession, and we must rearrange our current way of life to make ends meet and secure our financial future.

The greatest way to do so is to invest in real estate. While, you may be hearing negative press on the Feds losing money, Fannie and Freddie under government control, adjustable rate mortgages are ballooning out of control and anyone investing in real estate now will surely face larger risks. The truth is, now is the best time to invest in real estate. People will always need quality, affordable housing, regardless of the economy. By taking advantage of the large surplus of homes, buyers are able to aggressively negotiate prices, often obtaining distressed properties for pennies on the dollar. Buying properties at wholesale values, fixing, and reselling at retail rates is how I've made my millions in a few short years.

Find out more on how to recession proof your income by visiting my website at www.cashinonforeclosures.com to register now for my FREE Training Seminar June 24th and June 25th or call (866) 758-3555 .

What are you afraid of?

WHAT ARE YOU AFRAID OF?

I admit, with all the negative coverage on the state of real estate investing today, it is easy to fall in line with others, thinking that the market is just too risky right now. However, we take risks everyday; most of which we do not even realize. Think about it, when we get in our vehicles each morning and maneuver along the city streets on our way to work, we are taking a risk. Each time we hurry to the airport, settle in and buckle our seatbelts, anticipating our long awaited and well deserved family vacation we are taking a risk. The bottom line is we place our safety, well being and even our futures in the hands of others every day. It is time to take control of your future, cash in on foreclosures and get on the path to financial freedom today.

There are a few reasons people do not invest in real estate; the greatest is fear. There is an acronym for fear that I love: False Evidence Appearing Real. Fear of the unknown, fear of failure and even fear of success can stand in the way of the life you always dreamed of. The only solution to fear is facing it head on. When I first told my family my plans of retiring from corporate America to become an entrepreneur, they thought I was crazy. We have all been taught to obtain the American dream, we have to get a college education and work for thirty years. I realized at a young age, I was never going to become a millionaire working for someone else, so I faced my fear of the unknown, took a leap of faith and trusted that my future situation would certainly be an improvement from my current situtiation.

At the same time, there are those who are afraid of failure. I surrounded myself with others who also craved success, building a dream team of professionals. I immersed myself in research and have dispelled the current myths about real estate investing. There is a plethora of information available to anyone who is serious about changing the course of their life forever. Do not buy into negativity, horror stories, and the many "what ifs" regarding real estate investing. Sure, I made costly mistakes, but with time, I perfected the techniques of finding, fixing and flipping properties for profit. Now as an expert, I am training others the art of my craft.

Finally, there is the fear of success. For those of you suffering from this, all I can say is take a look around. If real estate investing was such a risky venture, why are investors from as far as Hong Kong coming to the United States in droves buying homes at wholesale prices? Take note of the constant corporate downsizing, there placement of human labor with robotics, the rising cost of fuel and cost of living. We cannot wait for the economy to improve or gas and food prices to decrease, we must make more money. I have sold over 500 properties totaling over $50 million in real estate sales. If you are interested in learning how to effectively make money in real estate using proven strategies, I suggest you attend the FREE Cash In On Foreclosures Training Seminar on Wednesday, June 24th at the Hyatt Regency or Thursday, June 25th at 12:00 PM or 6:00 PM or attend at the Embassy Suites at 12:30 PM or 7:00 PM www.cashinonforeclosures.com or call 86... now to register. It's a risk worth taking. I turned $18,000 into a multi-million dollar real estate investment firm that I now own - Vision Investment Corporation. What are you afraid of?

Annetta Powell

Queen of Real Estate - Real Estate Mogul

Do's and Don't of Hiring a Contractor!

Congratulations!!! You have entered the world of Real Estate and purchased some property! Now it's time renovate! Looking for a qualified contractor is serious business. You want to find someone that will give you your money's worth, someone that will do a great job and leave a lasting impression. Hiring a contractor should be done carefully and responsibly. There are certain rules that every Real Estate investor should follow when hiring a contractor. The first thing to remember is:

DON'T hire a contractor without a contract!

You may ask, Why can't I just scribble something on a piece of paper and we both agree and sign? No big deal right? WRONG! This is not a good idea for a number of reasons. You want to be sure that the Scope of Service is clearly outlined in a professional contract with specific information, naming you and the person that you have chosen to hire as the parties involved.

Definition of a Contract

A contract is an agreement between two or more people to do something, especially one formally set forth in writing and enforceable by law," as well as "a document containing the terms of a contract". This document creates a binding legal agreement in which you promise to pay money to the contractor for work that is agreed upon during a specific time frame.

Also, the contract provides a clear and concise understanding of the contractor's duties for renovating your property. Items that should be specified in the contract are:

  • Schedule of renovations
  • Payment Cycle/Type
  • Any other special conditions regarding the job

Remember, a contract protects you and your finances just in case the contractor fails to provide the services that you both agreed upon. A contract can be reviewed and upheld in a court of law, in the event you may have to sue your contractor.

DO remember to have your contractor complete an application!

This very important step will allow you to sift through people who are unqualified and unlicensed to renovate your property. When creating the application, it is a good idea to provide plenty of space where the contractor can share his or her information regarding their ability to perform your job. The contractor should also be able to provide core business information, such as the legal name of the company, licensing, past work experience and an employer identification number. DON'T take a contractor's word for it that they are a licensed entity!

DO ask for References!

Don't be afraid to ask your potential contractor to provide references that you can verify regarding their previous work experience. Obtaining at least 3 business references, as well as 3 personal references will better assist you in determining their personal character and business practices.

Don't hire a contractor if he lacks his own tools and transportation!

This is a sure sign that this person is not serious about his or her business. A professional contractor will have a reliable work truck or van. Also, beware of a contractor who asks you to purchase all of their equipment to perform your job. Any contractor that has a legitimate business will have their own tools.

These are just some of the things a new Real Estate investor must be aware of when first hiring a contractor. You must be thorough in your search for the right contractor, eliminating those that do not meet your criteria. Be sure to obtain at least three bids out of your pool of qualified contractors. Once you have chosen the contractor that you want for your renovations project, store the others in your database, you may be able to use them for another project at a later date.

For more information on real estate investing you can attend the FREE CashInOnForeclosures Training Seminar. To register log on to www.cashinonforeclosures.com or call 866-758-3555.

Sincerely,

The Queen of Real Estate

Annetta Powell