Mike Norvell Sr / Norvell Consulting Group

This will be quick....I am doing a marketing job now that puts me in the front door of over 20 business owners a day. One of my points of discussion is the current Health Bill.

My very unofficial poll is that

1. Those that have a employer paid plan are afraid that it will change...
2. The employers are hoping there will be completion to lower rates...
3. Seniors with Medicare are only concerned that it will impact them in any way.
4. Those without any health coverage at work are hoping there will be an affordable option...soon

Lets get on to another point.....Cobra....anyone who is in favor of the current system has never had to experience Cobra.

Cobra sucks. It should be illegal. Don't tell me that ANYONE actually voted for this travesty. Here is the basics...if you have coverage on your job, and for any reason you lose the job, you have the option of continuing the coverage at an immediate 300% (-+) increase...This is real. This is an outrage yet where is the discussion on this from the people who are fighting public option.

Finally, why do the lawmakers who have GOV ISSUED HEALTHCARE and the Seniors who have GOV ISSUED HEALTHCARE fight the rest of us getting a similar plan to have available to our families and employees.

Did you know that the only industry in America that has an exemption to the Anti-Trust Monopoly (Sherman Act) is the health insurance industry...........

Do you think they want any competion...go look it up.

Please don't bring up any crap about illegal aliens...blah blah blah...just look in the mirror...go to my Facebook page and see pics of MY FAMILY...I have 5 sons...they have families...only one of them has employer provided health insurance....

If other countries can do it...why cant we....

My wife is the office manager of a Law Firm...she takes a little pill every day for thyroid...non smoker, great health, no problems....but she does not qualify for individual plans from Blue Cross..at all. One of the workers that had to quit her firm had her premiums immediately escalate to over $1000.00 per month....why does she suddenly have a higher risk, after years of no problems...

Look around and see all those who are not at the town hall meetings screaming....we have jobs, we are having our checks deducted every week to pay for the healthcare of all those screamers........

Just my opinion........a level playing field for all that pay taxes as AMERICAN Citizens is all I ask

Good Morning..

I am looking at Active Rain for the first time in months. I, a former avid blogger here on Active Rain, have gotten dusty. I took a much needed break that has gained me a more diversified opinion. Real Estate is local, and I have been working, in different markets across our country. Finally, Fla, my home for all my life, is ripe for doing business again........

I look around and see a lot of new faces...and some old familiar ones..

Who are all these new people.. where were they when many of us were fighting to stay alive in a business that was in a steady decline. Were they there and just not on Active Rain...or were they lucky enought to just be getting started and missed the big fall....

I recently began calling on my "old List" of Realtor friends. Most of them now go to voice mail. That's what happens when you now have a job that does not allow the phone to be answered at all times. (note: this was the subject of many Active Rain posts in the past!!)

As a Florida based Realtor of more than 20 years, I feel I recognise the cycles and this is the time to get back in. My background of working with investors and for my own portfolio gives me a different perspective. I have never really had the patience or political correctness to deal with families trying to buy houses:

1)That they could not afford

2) Were actually overpriced

3) And Most importantly, had little or no loyalty or consideration for my time or income.

Number three states in writing what many Realtors will not put out there...I could not be less concerned.. One of my mentors in the business only does Single Agency deals, and only works with buyers if they go under contract with him.

By the way, he did very well for over 30 years in the field...and was an active investor for good deals throughout his career, making him a bona fide millionaire many times over through his real estate holdings. He did a tremendous amount of partnering with investors with money to spend that valued his skill and knowledge. I guarantee these client/partners did not drop him or attempt to circumvent him over something as trivial as commissions.

I know the current standard way of buying a house with appraisers and banks is almost a no win...I also know that I have been involved in literally hundreds of owner financing deals...in fact most of my own deals have involved some form of owner participation. I believe its time for the old fashioned deal makers to get back in the game...most of us, however dusty, still remember how to make deals close without banks...We do however still have a strong allegiance to Lawyers......

The real value, in my opinion, of being a Realtor is the access to information. What we have to offer clients is extremely valuable, and should not be offered out to the public like candy at a home show booth. What I see is the public viewing us by the lowest common denominator.

Don't compare me and my years of investment experience to a new house wife, part time Realtor showing listings with their only concern to close a deal...any deal. Don't compare what an experienced professional can offer with the eager beaver "Pop Tart" Realtor who will just take days and weeks of their time with those who are not qualified, and will have ZERO loyalty to that Realtor when they suddenly find a "great deal" from a FSBO.

No, I only want to work with cash investors who know what they want, and are willing to pay me to find it for them. In the last year, I have been involved in such a variety of REO Real Estate deals on a national scale, and most recently REO deals in the state of Fl. The knowledge and experience that I bring to the table now for a client is not available on books and tapes.If it was, I would have gladly paid for it rather than to have lived it....

For anyone who will follow me, I will begin to start blogging again, covering what is real and what is fantasy in the investment side of Real Estate.

I believe its time to get a shower........being dusty in the Rain leads to just being muddy....see you all later.

Hello all....

What a nice day it is here in Sunny Fl.

I am working with 2 groups that are taking small groups of REOs and selling them "retail". Now, I know that most of these were for sale retail before, but now we have different motivations than the bank did. We actually will call back, communicate, and make a deal. How refreshing!!!

Many of these properties are available for owner financing, and we have broken the list down a few ways. For investors, there is a 1 thru 10 price, and then 11 or more. I beleive you will find these prices are very workable.

WE also are interested in small groups of homes that can be purchased directly from banks or institutions. We really are seeking sales of 10 units or more, and of course will pay cash at closing. Many regional banks have a need to sell off their inventory, please contact us to start immediate negotiations.

Most all locations accross the country will qualify, as long as the pricing is in line with the local economy. We are working now with one smart agent who pulled info off the MLS of Bank Owned deals and set up a deal... Nice way to sell 9 homes at one time.........

We will of course work closely with the Realtor that brought the deal to us, and will look to have that party to handle the deal locally. We are very interested in long term holds, and seek property managers to co ordinate the monthly transactions.

Any questions..........

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For those who are chasing thier tails...Looking for an answer to Small Bulk REO Packages.....Take heart.

There are real packages, nice small packages that can be bought. They are not always where you want them.

They are not always in your back yard.

They do not always look like a package.

They will have some houses that aren't pretty.

PS.........this is REO, right??? These home were not paid for, sat empty without maintenance, possibly stripped of interior fixtures.

WHat do you think you get for 30 cents on the current BPO......

Imagine that you wanted to buy an entire car lot at one time......Imagine that Car Lot A is all used cars, some ready to go, some not ......

Now imagine Lot B is all new cars...

same amount of cars......which would you buy first??? Would you be willing to pay more for the new cars...after all, its a bulk sale right??

We are working with some very nice bulk deals here in Fl, and accross the country as well. Presently we are working for a bank/developer for a beautiful group of brand new houses and models full of upgrades.....Yet, here we have investor groups using comps to establish values of our brand new houses....By using ten year old homes in the surrounding neighborhoods.

Luckily, with patience, we can impress on a real investor that New Homes will certianly have a greater value. But it does take patience to get thru to the ones that only want to bid a pre concieved percentage on a per unit price.

Yes folks, packages are available. But all packages are not created equal. Please don't try to price them that way.

We also have some packages that are definately "Lot A".....Go figure, there will be work involved in making these all livable and ready to sell to the public again..

Happy Hunting

Mike Norvell Sr

For those who are chasing thier tails...Looking for an answer to Small Bulk REO Packages.....Take heart.

There are real packages, nice small packages that can be bought. They are not always where you want them.

They are not always in your back yard.

They do not always look like a package.

They will have some houses that aren't pretty.

PS.........this is REO, right??? These home were not paid for, sat empty without maintenance, possibly stripped of interior fixtures.

WHat do you think you get for 30 cents on the current BPO......

Imagine that you wanted to buy an entire car lot at one time......Imagine that Car Lot A is all used cars, some ready to go, some not ......

Now imagine Lot B is all new cars...

same amount of cars......which would you buy first??? Would you be willing to pay more for the new cars...after all, its a bulk sale right??

We are working with some very nice bulk deals here in Fl, and accross the country as well. Presently we are working for a bank/developer for a beautiful group of brand new houses and models full of upgrades.....Yet, here we have investor groups using comps to establish values of our brand new houses....By using ten year old homes in the surrounding neighborhoods.

Luckily, with patience, we can impress on a real investor that New Homes will certianly have a greater value. But it does take patience to get thru to the ones that only want to bid a pre concieved percentage on a per unit price.

Yes folks, packages are available. But all packages are not created equal. Please don't try to price them that way.

We also have some packages that are definately "Lot A".....Go figure, there will be work involved in making these all livable and ready to sell to the public again..

Happy Hunting

Mike Norvell Sr