investor: Private Money: What Happens When a Deal Goes Sideways? - 11/05/12 09:39 AM
Private Money:  What Happens When a Deal Goes Sideways?
As a private money trust deed investor with the Retaja Group, Inc. you will have security in five areas that are paramount to the success of every deal we present to you for consideration of the investment of your hard earned money.
·         Equity Position in the Property:  While every transaction is different, the trust deed lender will always have equity in the project.  The greater the equity of the lender, the greater the risk and the greater the return. ·         Borrower Cash into the deal:  The amount of cash a real … (0 comments)

investor: Private Money: Why Use a Broker When You Can Find Your Own Borrower? - 10/31/12 02:35 AM
The first question many investors first ask themselves, once they consider becoming a Private Money Trust Deed Investor, is "Why do I need a broker?".  Another popular version of the same question is, "I just want to loan my money to a friend or family member, so why do I need a broker?”
Hey, I get it.  We all like to save money in a variety of different ways, and cutting out the middle man in a financial transaction may seem appealing.  The problem is that when you're lending significant money to anyone, it’s a bit more complicated than a handshake … (5 comments)

investor: ACT NOW: Perris Real Estate Investor Special $100K | ARV $150K+ - 07/11/12 02:09 AM
ACT NOW:  Perris Real Estate Investor Special $100K | ARV $150K+
Good Morning...
Yesterday I took an important step in creating a list that I can blast when I have something important to share...such as this listing.  If you are reading this blog post because of my letter....Thank-You...If you are a regular reader or a new one...Thank-you as well.
So lets cut to the chase...
I have a home for sale, under contract at XXXX Remberance Dr., Perris, CA 92571.  Below are the specifics:
List Price:  $100,00Square Foot: 1,749Year Built:  1990Lot size:  3,484Bedrooms:  4*Baths:  2.5 Garage:  2 Car Attached with Newer Garage … (0 comments)

investor: Investor Special - Look What You can Buy for Under $50,000 in the Hemet - San Jacinto Valley - 07/24/11 10:16 AM
Wow... a Single Family Home for Under $50,000...only $45,000 to be exact!  That's right it's almost 1,100 sq ft and includes 2 bedrooms, 2 baths, an attached garage and even a covered carport and covered patio in the back yard.
 
The new listing for sale is just hitting the MLS today, and already there is excitement from the investor community.  I have one savvy buyer looking for a great investment property who is looking to leverage her own resources with hard money, or as it is more commonly known today - as 'Private Money'.
 
The seller is a bank … (2 comments)

investor: As the Market Changes - More Rehab Homes for First Time Homebuyers - 01/17/10 07:22 AM
With the recent change in HUD policy allowing investors to purchase homes and flip them right away and not forcing them to hold title before they can be sold with FHA financing will definitely help the flipper but drive the first time home buyer away from the distressed homes for sale in the Hemet -San Jacinto CA valley.
The investors have the cash and the first time buyers have the credit.  all of the good deals are bought quickly with cash buyers and the FHA buyers are cut out of the market - especially if there is a low appraisal on … (4 comments)

investor: Real Estate Investor Breaks Down the New FHA 90 Day Rule - 01/16/10 05:09 AM
As a Hemet - San Jacinto, CA real estate expert I find myself gathering knowledge from many sources - both traditional and non-traditional.  I think they call this the school of hard knocks.
Well, one of my activities is to keep up with real estate investors through their blogs and web sites.  One that I enjoy is CaWholesaleDeals.com, hosted by Thomas Bartke.  It is through an email linking me to his blog that I first learned about the doors that HUD and the FHA have just opened up for investors who want to flip properties.  They can now do this without holding … (6 comments)

investor: FHA Grants Real Estate Flippers The Green L>ight - 01/16/10 04:59 AM
On January 15, 2010 the FHA granted a waiver to real estate flippers allowing them to take possession of a property and resell it immediately and not have to season the ownership for 90 days before selling with an FHA Loan.  The press release by HUD is titled:
HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERSMeasure to help bring stability to home values and accelerate sale of vacant properties
There are several conditions that must be met that seem to be very positive for any investor looking to take advantage of the market and this new waiver … (5 comments)

investor: How to Prepare for Home Ownership - San Jacinto Valley, CA... - 12/16/09 05:32 PM
The new year and the second decade of the 21st century is only a few days away.  Doesn't seem that long ago that we were all panicked at the Y2K bug possibilities and the unknown of the 21st Century.  Certainly with the events of 9/11 and the wars in the Middle East, it has not been Utopia.Life does go on, and here we are near the bottom of one of the worst economic cycles this great nation has ever experienced - and we still are not clear if the real estate market in the Hemet - San Jacinto Valley, CA will … (0 comments)

investor: Cash for Caulking - Another Program for the Socialist States of America - 12/13/09 06:08 PM
If you are in favor of a nation of entitlements than I am sure you will love this post I found.  However, if you are a bit old fashioned and believe that you should get what you earn and don't require a government to tell you what to do or pay you to do what they think you should then you will be as outraged as I am on this matter.Here is one more government program, being proposed, that will create a cottage industry of handymen with caulking guns running around helping homeowners fulfill the program and make sure they get … (7 comments)

investor: Setting and Collecting Rent - 12/05/09 09:24 AM
As an REO Listing Agent in the Hemet - San Jacinto Valley, CA I have the opportunity to work with many investor clients.  Many are interested in buying and holding property today, rather than the quick flip.The problem I have is I do not do Property Management, nor do I have a Property Manager that I feel comfortable referring my clients to.Well, form now on, they will all be asked to read this blog.

Rental income is the lifeblood of the landlord’s business. If the mechanisms are not put in place to bring in the right amount at the right … (0 comments)

investor: The Life of a Short Sale - Contact with HSBC - 12/03/09 09:51 AM
I decided that I would write a chronicle on the life of my new short sale listing.  In case you missed it, I described my transition BACK to short sales from Bank Owned REO's as a listing agent and team leader in my recent blog post, Humble Pie...Or OH NO, Did I really Take a Short Sale Listing???? AGGGHHHHHHHH.  Yes, it is true I went kicking and screaming...but here I am.I had a meeting with my two assistants and shared with them in detail what I expect to happen and started to figure out the game-plan of how we are going … (10 comments)

investor: When is a Bank Owned Home Not a Bargain? - 11/30/09 01:47 PM
There is one common denominator between all real estate buyers today - whether they are shopping for investment property or first-time homebuyers...they all want a deal and the perception is that the bank owned, or REO, properties are going to be the smoking deals of the day.  But not always...The truth is many of these homes can turn into big money pits.  Remember, when you are buying a bank-owned home in the Hemet - San Jacinto Valley, CA was probably a first time home for the previous owner...the same owner that for whatever reason was not able to hang onto their … (7 comments)

investor: INVESTORS- The Dirty Dozen Pre-Qual Questions...and then some - 11/30/09 03:11 AM
As an REO Listing Agent, specializing in the local market of Hemet and San Jacinto, CA  bank owned (REO) real estate, my listings generate a lot of activity in the real estate investment world.Real Estate Investors are unlike first time buyers.  They should never be emotionally attached to any single transaction; for the real estate investor it is all about the numbers and what makes sense.  Whereas the first time home buyer or even the repeat buyer, is looking for a place to call home and raise a family.  The good news is the Hemet - San Jacinto Valley has plenty … (14 comments)

investor: Black Friday - The Best Deal of the Day is REAL ESTATE! - 11/26/09 04:56 PM
Black Friday - The Best Deal of the Day is REAL ESTATE!Sure, it sounds self-serving since I sell real estate for a living...I'll give you that...but here me out.On Black Friday morning, the day after Thanksgiving,...did you get up at Oh Dark Thirty to stand in line in front of Best Buy or some other big box haven of super deals with limited quantities.  Were you lured into getting out of a perfectly warm and comfortable bed to brave the cold (in most parts of the country - I think it hit 90 here today - but that's another story) and … (5 comments)

investor: CAUTION: How To Scam a REALTOR® & Gain MLS Access is Circulating on the Internet - 11/22/09 01:52 PM
Hello fellow REALTORS® and Real Estate Agents.  This is a post Urging EXTREME CAUTION.  Please Re-Blog and Let as Many Know about this as Possible.
As an REO Listing Agent I belong to several different sites with resources for real estate investors and as a result, I receive numerous web based newsletters, sent to my email box almost daily.  While most of the information is relevant and helps me with my real estate business as I work and sell my listings to real estate investors in the Hemet - San Jacinto, CA Valley...every now and then I get a good chuckle...and every now … (50 comments)

investor: What Flavor is Your Investor Kool-Aid? - 11/15/09 02:03 AM
I met with an investor client for the first time yesterday afternoon after spending a short time on the phone with him, after he found me through my Internet presence (can't be sure, but I think it was from here- ActiveRain).The REO property he had definitely wanted to see was a newer 4 bedroom home listed in the mid $140's.  Unfortunately for him it went into escrow on Friday.  Good for me, because it just reinforced what I told him during the week - that good house sell very quickly in this market.Once we got together, we went over 7 homes … (7 comments)

investor: market report: San Jacinto, CA | 7/21/2009 - 8/20/2009 | CONVENTIONAL Sales and The Market - 10/19/09 12:07 PM
market report:  San Jacinto CA  |  7/21/2009 - 8/20/2009  |  CONVENTIONAL Sales and The Market
During the period between July 21st, 2009 and August 20th, 2009 there were 126 Single Family Residential Homes that closed escrow.  My previous report in this series, market report UPDATE - San Jacinto CA Real Estate Data detailed the specifics of the market in overall terms.  This segment of the San Jacinto Real Estate Market Report will look exclusively at the 21 of the 126 homes that closed escrow that were bought with CONVENTIONAL FINANCING- representing 16.67% of the entire market.This information is to be considered … (2 comments)

investor: market report: San Jacinto, CA | 8/21/2009 - 9/20/2009 | REO Sales and The Market - 10/19/09 11:49 AM
The Hemet - San Jacinto, CA real estate market has remained flat as the summer buying season came to an end.
This report wants to look back from the period covering August 21st through September 20th, 2009.
In particular we will look exclusively at the impact that bank owned homes have had on the market and how each of the four dominant finance types have an effect on the bank owned real estate transactions.The four finance types, of course, are:  Cash, Conventional - typically requiring 25% cash down by the borrower / investor, FHA which is predominately the first time home … (1 comments)

investor: market report: San Jacinto CA | 7/21/2009 – 8/20/2009 | Cash Sales and The Market - 10/17/09 05:15 PM
market report:  San Jacinto CA  |  7/21/2009 - 8/20/2009  |  Cash Sales and The Market
During the period between July 21st, 2009 and August 20th, 2009 there were 126 Single Family Residential Homes that closed escrow.  My previous report in this series, market report UPDATE - San Jacinto CA Real Estate Data detailed the specifics of the market in overall terms.  This segment of the San Jacinto Real Estate Market Report will look exclusively at the 40 of the 126 homes that closed escrow that were bought with CASH - representing  30.95% of the entire market.This information is to be considered … (3 comments)

investor: 45 Day Escrow...All the Time in the World, Right? WRONG! - 10/15/09 04:15 AM
45 Day Escrow...All the Time in the World, Right?  WRONG!The real estate market in the Hemet - San Jacinto Valley, CA is dominated with investors and first-time homebuyers.  The investors have all been through escrows and know what is expected of them to close and close on time, without incurring hefty per diem charges for delays.  First-time homebuyers more often resemble a deer in headlights, believing that 45 days is plenty of time for everyone to do their job.The first time homebuyer who now has successfully negotiated a purchase contract, with the help of their REALTOR® or other real estate agent … (3 comments)

 
John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate (Mason Real Estate) Rainmaker large

John Occhi

SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate

Temecula, CA

More about me…

Mason Real Estate

Address: 30520 Rancho California Rd., #107, Temecula, CA, 92591

Mobile: (951) 443-6259

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