investing: REFERRALS ARE MONEY IN THE BANK!! (sample letter to old, dear friends/family) - 10/03/07 04:37 PM
(Letter to old, dear friends/family)
Dear Bob and Bobbi,
It was great, just great, talking with you on the phone the other day. I can't get over how big little Bobbette sounds. Wasn't it just yesterday that we were all double dating down on the Boardwalk?
Man, time goes so fast, doesn't it?
Well, guys … (3 comments)
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investing: THE SIMPLEST, MOST POWERFUL WAY TO ENHANCE YOUR INCOME IS TO PLAN AND THEN WORK YOUR PLAN - 10/03/07 02:19 PM
Here are a few more guidelines for designing the marketing campaign that brings you the most for least - that turns you into a Mad Moneymaking Marketer.
1. There are dozens upon dozens of marketing strategies. Choose only those that you look forward to trying out. Contrary to popular opinion, you are … (0 comments)
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investing: THE INTERIM BINDER - 10/02/07 01:32 PM
If you are already familiar with the interim binder,
then you know the money-saving advantage that can be gained from its use.
If you're new in real estate, or if no one has taken the time to tell you about the binder,
this may be a very valuable piece of literature.
Like other vehicles, the … (1 comments)
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investing: Ways to Market to Your Audience - 09/27/07 11:00 AM
The pre-foreclosure workout business is a continual process of finding new defaulted homeowners. You should target your marketing to homeowners facing foreclosure and the content of your marketing no matter what the form should always focus on how you can help them.
The top ten most popular and most effective marketing resources … (4 comments)
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investing: FHA’s Pre-Foreclosure Sale Provision (PFS) - 07/06/07 03:19 PM
This FHA provision is as it sounds. Your client sells their home prior to a foreclosure sale instead of letting it go to a foreclosure sale. If your client can't afford their home any longer, i.e., your client is unable to meet the mortgage obligation, and if your client doesn't qualify … (3 comments)
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investing: The Forbearance Agreement-Short Sale Tip - 07/02/07 10:58 AM
All forbearance agreements are basically the same-regardless of the type of loan your client may have. Typically, your client pays a portion of the money he or she is behind (the arrears) to their mortgage lender in an upfront lump sum payment.
Then, your client pays the remaining portion of the arrears … (2 comments)
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investing: 7 Ways to Leverage Your Earnings - 06/25/07 04:34 PM
"Richer is the man earning 1% of the efforts of a 100 men than 100% of his own efforts." -J. Paul Getty It really doesn't matter where you find yourself today-doing 3 deals a year or 200-if you are the sole catalyst for your production, if it is primarily your efforts … (1 comments)
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investing: Real Estate Prospecting part 2 - 06/25/07 11:17 AM
FSBO'S - make note of FSBOs daily. Make contact by telephone, mail, or personal visit. Note: Give FSBOs referrals that will assist them in selling their property (i.e., Alliance Title, an Escrow Officer, a Lender, etc.).
People Farms - develop a personal database with 500-2000 people you know (i.e., past clients, present … (2 comments)
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investing: Analyzing Your Client's Income - 06/25/07 11:05 AM
The first step in determining your client's monthly household budget is to analyze their household income and to calculate how much net take-home pay, or net monthly income, after taxes and other deductions, is available each month for paying bills and household expenses. How this figure is calculated will depend on … (0 comments)
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investing: Real Estate Prospecting Tips - Part 1 - 06/22/07 11:32 AM
Just Listed - prospect around new listings. Mail or hand distribute 200-250 flyers or postcards. Note: Someone will list their home within 60 days.
Just Sold - prospect around a recently sold property. Mail or hand distribute 200-250 flyers or postcards. Let neighbors know who is selling property in their area. Note: … (1 comments)
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investing: FREE Real Estate Investing Video Series Amaze Investors! - 06/18/07 07:00 PM
I was talking to my friend & 3rd generation real estateinvestor and author Mark Walters this morning on the phone.
His Grandfather invested in his first "fixer-upper" property back in 1937 in San Jose, California. Since that time, Mark'sfamily has never stopped investing in real estate!
They've been sharing their 8 decades of … (0 comments)
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investing: Reinstatement Figures - 06/18/07 11:18 AM
Call your client's mortgage lender for reinstatement figures.
It usually takes between 24-48 hours before the Mortgage Authorization Release Form you faxed to your client's mortgage lender is posted in their computer system. So, after you have faxed this form, you may have to wait a day or two before you … (1 comments)
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