auction: How to Make Extraordinary Profits at Ordinary Auctions - FREE BOOK!
- 12/19/14 02:10 AM
The most valuable lesson I've learned is when buying an investment property, one must have a solid exit strategy in place before making any moves, hence the title: "Exit First - How to Make Extraordinary Profits at Ordinary Auctions".
Who should read this book? Real estate investors, real estate agents who serve investors, and most importantly, real estate agents who are not currently serving investors; if you're not serving investors, you're missing out on nearly half of the market. If you want your income in 2015 to increase substantially, then it's time to carve some new niches! Investors are the way … (3 comments)
Eventually, you'll have an investor client who needs to close on a deal ASAP, and needs immediate cash to purchase the property they want. Eventually you'll have a retail client whose financing is rejected during escrow, and just needs a bit more time to be approved for a mortgage. In the meantime, these deals are usually failures and everyone walks away empty-handed.
A solution to these two very common issues is hard money. Many agents overlook this as an option, when they could be using it to expand their client base, … (1 comments)
The American Academy of Real Estate is offering a FREE 3 CE Credit Class that's unlike any other course!
Trustee Sale Basics will not only educate you on the ways of the foreclosure auction, but it will also make you much better prepared to serve the most savvy, lucrative, yet under served clients of all- Real Estate Investors. Investors count for nearly 50% of local RE transactions, yet most Realtors don't know how to find the properties investors need, at the prices they want.
Trustee Sale Basics Educates You On The Following: The laws governing the … (0 comments)
Learn to serve the most lucrative of clients, real estate investors, at our FREE CE Class, Trustee Sale Basics. Normally taught in our Mesa office, Trustee Sale Basics is coming to Total Wine & More in Goodyear next week, for our West Valley friends!
I’d like to know YOUR experiences with continuing education. Sure, you’re fulfilling the requirements of your state, but are you truly learning anything valuable? Is there a course you’d like to have available to you, that hasn’t been created yet? I don’t come across very much discussion from agents themselves regarding their continuing education. Please share in the comments!
What better time to get your CE Credits than during the summer lull! Wednesday, August 13th, we invite you to join us for Trustee Sale Basics! This FREE 3 CE Credit course will instruct you on how to expertly handle auction transactions, and be a hero to your investor clients!
… (0 comments)
auction: AZ Agents - 3 CE Credits! Trustee Sale Basics - August 13th 2014
- 07/30/14 07:22 AM
Trustee Sale Basics - AZDRE APPROVED (C2050) 3 HOURS GENERAL CREDIT August 13th, 2014 9am-Noon. Mesa, Arizona The student will learn the fundamentals of Trustee Sales to serve their clients with an additional buying source, how to fully educate and protect them through this process just as in, or more, a traditional transaction. Emphasized in this course will be funding sources, disclosure and inspection matters as well as investment exit strategies.
The general consensus on assisting clients with purchases at auction is steeped in stigma and taboo. I’ve been successfully operating in the trustee sale space for over 16 years, and have created a business and system dedicated to assisting clients in finding and purchasing the hottest properties at auction. I’d like to make a few points in the bullets below:
The American Academy of Real Estate presents a 4 hour class with 3 credits toward your CE requirements. At this class, agents will be introduced to the public foreclosure auction (Trustee Sale) and see the entire process from an agent’s and investor's point of view. At the end of this class, agents will walk away with an understanding of: The laws governing the trustee sale process; The process of finding properties for a client at the auction; How to earn and collect a commission from an auction transaction; How to source inventory available through the auction for the benefit of your clients … (0 comments)
Millions of dollars’ worth of real estate are purchased every year at your local real estate auction. These trustee sales can produce hundreds of thousands of dollars’ worth of commissions. Have I at least piqued your interest yet?
Learn how you can take advantage of this hidden inventory and uncover the secrets to success in this recession proof real estate model by participating in our webinar.
With 16 years of experience and over 3000 properties purchased at trustee auctions, I'm thrilled to share my wisdom with my fellow real estate professionals. Powered by INFOclosure.com, Look Inside Realty … (0 comments)
auction: The Relationship Between Investors And Hard Money Lending
- 05/01/14 07:06 AM
My company bids at the foreclosure auction on behalf of our clients, and also provides hard money loans to allow those investors with winning bids to pay for those properties within the required time frame. In Arizona, a winning bid must pay an immediate $10,000 deposit, and pay the full remainder by 5pm the next business day. Obviously, this doesn’t allow nearly enough time for obtaining a conventional mortgage, so hard money lenders can provide the required cash in one day to allow the investor the ability to buy and control the property. If there were no hard money … (0 comments)
auction: Learn The Truth About Foreclosures.
- 04/25/14 09:12 AM
Negative hype. All I've seen regarding the foreclosure market here on ActiveRain is a bunch of negative hype. The only posts I've seen have featured terrible properties, posted by agents who have not been properly educated on the space of public auction. Have you seen any solid examples of good properties purchased at auction, or heard stories of people successfully making profit in the space? Sadly, I'm not finding any. I'm here to change that right now I’d like to show you a few properties that sold at auction yesterday. These are solid investments, with great income potential.
auction: At Foreclosure Auction, We Celebrate The Wins & The Losses.
- 04/16/14 03:28 AM
The foreclosure auction is a place of unbridled capitalism. The property being auctioned by the Trustee goes to the highest bidder. My company helps investors in determining the maximum bid they should make to achieve their investment objective. Anything more, and they are undercutting the profit they wish to make. Sometimes we are outbid, and my clients feel bad about this, but I tell all my clients that they should celebrate the deal they didn’t get as much as the bid they win! When we lose a bid, it usually means the bidder who won paid too much! There are … (0 comments)
auction: Arizona Real Estate Agents! 3 CE Credits! Become a full service agent!
- 03/28/14 09:43 AM
Can you really call yourself a ‘full service’ Realtor if you don’t know how to work with the people who account for 50% of all transactions? This is a fact. In the past 5 years, investors are responsible for over 50% of all real estate transactions, and many of those transactions take place at the foreclosure auction. Most of these properties are NOT on MLS. The American Academy of Real Estate in Mesa has CE credit classes you need if you want to work with investors and attract them like a magnet.
Trustee Sale Basics (3CE Credits) This 4 hour class … (2 comments)
auction: Has ‘Fix and Flip’ Now Moved To ‘Fix and Hold’?
- 03/26/14 04:23 AM
I have been investing in real estate for 16 years, mostly by buying properties at the foreclosure auction. For most of that time, I have been a ‘fix and flip’ investor, buying houses well below actual market value, paint them and add new carpets and some other cosmetic improvements and then quickly selling them. And I made a fortune doing it.
In order to make money doing this, there has to be sufficient spread between the selling price at auction, and the actual market value. You have to figure in all your costs for improvement and all the holding … (0 comments)
auction: Are You Truly A Full Service Realtor?
- 02/26/14 03:33 AM
The real estate market is an ever changing landscape. In the past ten years in Phoenix, there have been times when it was a seller’s market, a buyer’s market, and even a period of time when it was absolutely no one’s market! But one fact of life is that there will always be foreclosures. You know the reasons, no need to go over them here. But one person’s misfortune is another’s opportunity. I’m a licensed broker, but I specialize in helping investors acquire property at the foreclosure auction. Why the auction? Because it’s the one place that you can find and … (0 comments)
Utilize a day with industry leader and expert Rick Rickert and open up powerful conversations and new possibilities for you and your career. Trustee Sale Basics 3 CE Credits Inventory not on MLS Lowest price point Fastest aquisition time De-mystifying the trustee sale process Developing a powerful client presentation Hard Money Made Easy 3 CE Credits Understanding and sourcing hard money Leveraging and calculating hard money costs De-mystifying the "fear factor" Learn to close a deal "same day" Developing powerful conversations with your clients Extra Training Utilize tools to enter the space How to acquire, maintain and … (0 comments)
auction: There's Nothing to Buy At Foreclosure Auction.
- 02/13/14 04:47 AM
Hi, I’m Rick Rickert, a licensed real estate broker and investor. I have 15 years’ experience buying at the foreclosure auction and Trustee sales in Maricopa and surrounding counties in Arizona. In that time I have successfully bid on 300 properties for myself and another 3000 on behalf of my clients. So when I hear people say that there is nothing left to buy at the auction, or that there are no deals left……I just shake my head and wonder what they based that ‘information’ on. In most cases if I follow up their statement with “Have you ever bought … (0 comments)
The most valuable lesson I've learned is when buying an investment property, one must have a solid exit strategy in place before making any moves, hence the title:
;)
;)
