TOP 10 REAL ESTATE INVESTING BLOGS
http://www.dealmakersblog.com/top-10-real-estate-investing-blogs/
I just wanted to share with you some of the sites that I review on a weekly basis when it comes to real estate investing. Please review the sites above when it comes to real estate investing. I love these sites. I have obtained many great ideas and connections throughout the world.
Let me know your thoughts on the web sites. I like viewing #1 and #10
Top Ten States For Foreclosures - March, 2008
http://www.therealestatebloggers.com/2008/04/16/top-ten-states-for-foreclosures-march-2008/
Have you ever seen so many foreclosures in your real estate career? I have asked real estate agents who have been in the business this question who have over thirty years of experience. There answer was no. Is your state on this list? I live in Arizona and it is a buying frenzy at this time. Homes are selling for a price below the cost of building that home. It is insane out here. Investors are back out in full force. Real estate education companies are setting up shop. Real estate education schools are starting to obtain new students to start a real estate career.
How are you positioning yourself as an expert in this field to take advantage of the new real estate changes? Here are the changes that I currently made to position myself to be an expert in the field
We are here to learn together. Please share your success with us so that we all become successful.
I had a situation that happened with a fellow loan officer. I closed on a real estate transaction with private money. I asked my investor to use my Network to do his rate and term refinance. Well, he declined and went out of Network. The other loan officer keep giving him excuses over two months on why he could not get the loan done. I followed this transaction each week. I called my investor friend to see if he wanted to come back into the Network. He said just close the deal because he was paying a $50 per day diem along with an angry wife. Well, my loan officer submitted it to the same institution. He charged my client a 2% loan origination fee that was disclosed at the beginning. Now, he wants him to lower it to a 1% origination fee. He delivered what he promised-CLOSE THE DEAL AT ALL COSTS.
What would you suggest to your investor client? I need to have an answer by noon today.
I meet people every week from my radio show and when I am out in public. There are way too many people with a poor attitude. Why is everyone looking for a hand out? The American people wanted change and change is here. However, we need to change in order to make it through this change. The other day I was listening to someone on the radio talking about free health care for Americans. Free? It is not free. We will be paying for it.
Everyone in the real estate business has had to refocus and adjust to this market. The successful ones will make it through this time of turmoil. Here are my thoughts on what holds people back:
Do not lose hope in yourself and other poeple. I hope these help you to become a better person.
"I CAN DO IT."
What do you see out there when coming in contact with people?
How many people have a living trust? How many people reading this post have an estate plan in place in case they die at any given time? This is a serious matter for many people. Humans think they have plenty of time and will do it later down the road. That is the wrong attitude to have during these times. Probate takes time and money.
Here are my Top 5 Estate Planning Mistakes To Avoid:
I hope these tips help you. Personally, both of my in-laws were diagnosed with dementia. They had nothing set up. So, my wife and I had to scramble to take over their assets to pay for their care. It took us about a year to get a handle of their assets by sifting through their paperwork. They lawyer fees were huge. All of this could of been avoided if they would of went to an estate planner. Here they wanted to save money. However, we had to spend money to get money. Life is so ironic at times.
Let this be a lesson to all of you. I would love to hear your comments.
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