A client had his son going to Elon University. Instead of renting a place he is thinking to buy him a home, especially a foreclosure, that way after his son graduates he will rent the place and will have an extra income.

Smart move. First because the house payment can be less than a rent, compare the rent of apartments and how much your bank will charge for a 7 or 15 years mortgage. Foreclosures can be bought dirt cheap. There is one house just 5 minutes away that was bought not too long ago for $120,000 and now is in foreclosure and the asking price is $67,000, almost 50% drop.

Rent: A $60,000 mortgage on 15 years term at 6% rate gives a payment of $506,31 , plus taxes and insurance, it could be $620,00, this is less than an apartment near the university that runs from $700 to $900 dollars. And this is the second reason to buy a foreclosure, in 15 years or less, if you apply more payments against the capital, you can rent the house after graduation for $800,00 and have the house paid for in few years.

Of course the first consideration, as with any real estate investment is location, location, location. If you by a foreclosure in a rundown neighborhood you may have problems with neighbors and a very hard time to rent or sell the property later on. The second consideration is the property maintenance.

When looking for a foreclosure drive around and take the phone numbers of "house for rent", call the landlord and rental companies to find out the rents in that area. Then, look how much repairs the house needs, and how much can cost its maintenance. Factor in and decide for the best property.

Never has been a so great market to buyers. Unfortunately the bad turn in our economy can be your opportunity to invest in your future.


Evaristo Lacerda
Realtor® with Lacerda Realty
http://RebateNC.com
Burlington, NC.

I've just signed up for the Video Lounge access at Mega Red Packet and before I forget, I am writing in to tell you this.

Vince Tan, Edmund Loh and Stephen Luc are teaming up to release the Mega Red Packet on 4th May 2009. In case you've not heard of these dynamic trio here's a quick background on them...

Vince Tan is a World Internet Summit speaker and the same man who pulled off the Biggest Firesale event in Year 2008 which broke the 6 figure record in just 3 days and then brought in $170,000 in only 10 days.

If you use Private Label Rights products often for your Internet Business then I suppose Edmund Loh doesn't need an introduction; he's the person behind more than 260 Private Label Rights titles under the PLRGold brand. Just late last year, he teamed up with expert video maker Stephen Luc to pull off a product launch called PLRGold: Videos and raked in $100,000 in 10 days too. Collectively, the dynamic trio has made more than a million dollars in sales.

So what is Mega Red Packet all about? (since it's 3 months after the Chinese New Year)

When I first visited the Mega Red Packet website, it branded itself as a "Recession Show Stopper". I didn't think much of it initially since a lot of Internet Marketing opportunist won't let go any chance to cash in on the latest trend. But I take back what I said when I saw the Video Lounge area.

Vince, Edmund and Stephen have produced and positioned Mega Red Packet to turn the tide for many people who are not only struggling in their pursuit of building an online business but also people who are affected by the current recession period.

Mega Red Packet is focused on this core of success: product + traffic = residual income. This is the closest definition to push button marketing where all the work has been done for Internet Marketers of all levels - whether you are new or seasoned. The Mega Red Packet team has invested nearly $100,000 and 6 months in conceiving this push button program and infrastructure, which gives the user a variety of products to get reseller and Franchise rights to new, original products and sell.

Mega Red Packet is NOT about potential. It's about empowering the Internet newbie to have his string of proven businesses in the form of Reseller Memberships for you to take full control of, and Franchise rights to proven Internet Businesses so that they can be put into the shoes of these 3 top Internet Marketers. The new Internet Marketer can now leverage off the credibility and proven model that the dynamic trio have discovered over the collective 11 years of marketing experience.

Traffic generation is another topic of great interest to some, and a great struggle to many others. The Mega Red Packet collection solves this more efficient and effectively than anyone, myself included, can ask for.

Vince, Edmund and Stephen are also taking this chance to launch their newest home study course named "Traffic Leopard" - aptly called 'the next generation of traffic building' that features a series of proven tactics to drive in traffic to your website, accompanied by a rich archive of case studies as used and experimented relentlessly by all of the 3 top Internet Marketers.

There's also the Traffic Networks where Vince and Edmund have negiotiated with some of the top traffic building site owners to give generous credits to members of Mega Red Packet.

All in all, there's more goodies in store in Mega Red Packet that I believe every Internet Marketer must look forward to. It's ground breaking and non-conventional, not something you know so well of. Literally, all the work is done and I haven't even talked about the new Private Label Rights products and software they are releasing in the Mega Red Packet event, that lets you do instant One Time Offers, Upsells and even Cross-Sells.

You can take my review with a pinch of salt but I strongly urge you to check out the site now and sign up for the free access to the Video Lounge (worth $297) and get onto their Advanced Notification List. (by the way speaking of that, they are also going to pick randomly 3 different names from the list to give free copies of Mega Red Packet on their launch day - you could be one of them!)

Click on this link and sign up for the Video Lounge and Advanced Notification List access for free now before the big event kick starts on 4th May 2009:

=> http://megaredpacket.com/?aff_id=8010

I believe it is a new trend that is coming to stay.

If we do a search, almost in any city there is someone offering rebates or CASH BACK in their real estate transactions. Some are even offering 2% of the selling price as cash back just for using them as their buyers agents.

The question is not how many listing we have but how many buyers can we produce. In a bad economy the shift has been clear it is a buyers market and by what we are seeing it is going to take a good while to the pendulum go back.

When a prospective buyer call you to show them one of your listing, what do you have at hand that would make them choose you if they decide to look for another property from the competition?

We all say that is our expertise, or our good looking, or may be that chemical reaction that bond us at the first sight. I think buyers would like to have something more tangible.

So, tell me your stories. Do you think it is worth? Would it be a trend, or just desperation in the present times?

http://213-5050.com

Have you been annoyed by newsletter that come to your e-mail inbox without picture? and the computer says, click on the top to see the images...? and some even say, if you can see this newsletter click this link to see it ? ( in their web site) ?

In a time that every second counts and we do not have patience to click to see images, I prefer to click the delete bottom. If their newsletter is not professional enough to show the pictures or show itself first time it hits my  inbox email, maybe the whole thing is not worth to be seen.

I sent one email asking to e-pros what would be the best software to do newsletter and surprisingly one agent kindly show me the secret of preparing a template and send email from her outlook and was so professional and the better, it was free. No subscription, no nothing and with links for everything. Even it had a unsubscribe link. ( mandatory by CAN-SPAM act )

I love it, and I feel like I found a secret worth to keep. You know when you dig and dig finally someone show the light and you get the treasure!!! a free newsletter from the comfort of your computer.

Ok. I reveal the secret in a web page I am putting together not related to Real Estate. With the market slow I am finding time to write books and do my hobby , html, so click on www.rhe-ma.com and there click on the link the newsletter secret . No, I am not selling anything , we all are tired of people snapping wherever they can from our pockets. It is good to find friends that share good and free ideas.

So, dig in.

We start a "Living by Design" Law of Attraction group, here in Burlington NC, 5 months ago. We have 17 members, 6 very active. Every other Monday we study the principles of the law of attraction, here a snapshot: 

1. Our dominant thoughts bring about actions, events and circumstances.
2. We must control our thoughts and drive them to where we want to go.
3. We must choose joyful thoughts: thankful for the things we have and for the good things that are coming.
4. We need to believe that we will receive the things we ask for."
5. We need to allow time between the thought and the outcome."
6. Visualization, the things that you see are what you get.
7. Our Inner Being is immanent good.
8. We are here because our way of thinking in the past brought us to the present, by the same token, we will be in the future by the way we think in the present.
9. There is enough for everyone;
10. We are born to enjoy life. To live abundantly.
11. Allow people be what they want to be.
12. Segment intending. Declarations for each part of the day.
Plus 2 classes, a healthy life
2 classes, fixing finances.
Be a graduate in LOA, it is all free
First and third Mondays from 6:30 to 8:00 PM
509 N. Church St. Burlington
see: www.lawofattraction.meetup.com/449
www.webjam.com/lawofattraction

In the Movie Shreck III , the new young king , convinced by Mr. Shreck, says: "the only person that can stop you is you", and he point to the crowd, they jump in the guy they thought he was talking about. The young king correct, "I mean, yourself".

In our industry there is so many moments that we could say... that's it...I am moving to Miami. But the next day we are here again fighting the good fight.

We cannot give in for a negative thought , even for a second.

There is a bunch of books about our conscious mind, our feelings , emotions and decisions. One author said, "we look inside the mind, billions of neurons, and we try to find the center of decisions. We couldn't find anybody out there". Could a computer step out of "himself" and observe his own "thoughts".

How many times we "caught" ourselves thinking destructive thoughts and we just ordain our minds to change the subject.

Bad clients, bad deals or bad lenders...a trapping situation, bad relationships, or that pizza in the late night. All can make our minds wander and we wonder where could we go. But them we can step out take a breath and redirect our thoughts.

It's amazing how a new day can bring new perspectives about yesterday's problems. Never give in , never give up, nobody can stop you to do the right thing, but you.

Some people may say, easy to say but hard to do. It's not when we know that the "self" ,soul or spirit, is above the mind. The "self" well informed is the one that gives direction to the mind.

Every morning we refill, energize, our spiritual being, so we can face the day in a victorious mode. We know where we have to go and how to get there.