Archive for October, 2013

Online Lead Finder Version 2.7

Posted on October 29, 2013 by

“You’re About to Discover a Software Tool That Tirelessly Works for You To Find HOT Leads and Create Massive Profits!”

Duncan Wierman's Online Lead Finder SoftwarePLEASE NOTE: If you are an Tampa REIA Member you can download the software for free by logging in to the Tampa REIA Members Only Website and navigating to the Members Only Downloads & Bonuses. If you are a Gold Member, follow the instructions in the ReadMe.pdf file on how to activate the Unlimited Gold Edition at NO CHARGE (a $500 value!).

Online Lead Finder SoftwareWe all know that you can’t do business without leads that you can turn into suspects, prospects, and paying customers. You need lots of leads to work in order to generate your sales, whether it’s real estate, Internet marketing, affiliate marketing, eBay, any other business.

Online Lead Finder provides leads fast! Here’s why you should use this software:

  • Cragislist, BackPage, Ebay Lead Search
  • Yellow Pages Scraper
  • Automated Twitter Marketing
  • Twitter Trends Demand Traffic
  • Facebook Lead Serve
  • Social Lead Detective
  • Google Maps Extractor
  • Yahoo Auto Answer Bot
  • Social Mail Hacker
  • Linked Lead Connect
  • Email Gunner

Read More→

Sat & Sun, Nov 2nd & 3rd – Tampa, FL
David Lindahl & Tampa REIA Presents…
Tampa 2 Day Wealth Building Event
Attend for FREE & Get 2 Awesome Bonuses!
Yes, You Can Bring a Friend or Share This Link With Them!

David LindahlWe are very excited to announce that renowned real estate investor and trainer Dave Lindahl is hosting a 2 Day Wealth Building Event in Tampa on November 2nd & 3rd and has invited our members, friends and followers to attend at NO CHARGE. That’s right… FREE! And it gets even better… keep reading to find out about several FREE Bonuses Dave has in store for you for registering and attending…

As I’m sure you’re aware, every economic recovery provides an opportunity to create a lot of wealth in a short period of time. Dave knows this firsthand because it happened to him about 18 years ago during the last major recession. And, while the years have gone by and Dave continued to buy and sell real estate… 7,400+ total units to date… and he has never done as many deals as he did back then or as he is doing now.

Here’s the really exciting news… Dave wants to share with you how he and several other investors did it back then and more importantly… what is working right now, right here in the Tampa Bay area… and HOW YOU CAN DO THESE DEALS & CREATE A LOT OF WEALTH TOO!

You’re not only going to get the foundational information and the latest techniques that are working today when you register and attend the event, but you are also going to get Dave’s newly released, PROVEN SUCCESSFUL investing formula that he is making a killing using… and how you can too! Dave’s newly released formula shows you exactly… How to profit big in today’s recovering real estate market.

Register for the FREE live 2-day event in Tampa, FL so you can discover…

  • How to quickly put $10,000-$30,000 in your pocket to start getting your financial life in order
  • How to set up your real estate business
  • How to fund your deals without using a penny of your own money
  • How to avoid dealing with tenants except to cash their checks
  • How to use little known techniques to get motivated sellers calling you
  • And much, much more! Click here to learn more about the event!

Free 2 Day Wealth Building Event in Tampa, FL on Nov 2 & 3, 2013

27 Ways to Buy Properties with No Money Down by Dave LindahlAlso, if you Register Now you can immediately download Dave’s new report on “27 Ways to Buy Properties with No Money Down” and get his Wealth Kit for FREE (Valued at $704) when you attend the event. Register Now to take advantage of these free bonuses while they are available.

David Lindahl

Posted on October 24, 2013 by

David LindahlWith more than 18 years of experience in Real Estate Investing, David Lindahl has rehabbed over 820 houses, and currently controls over 7,400 apartment units. Starting out as a struggling landscaper with no experience in construction, Dave accepted an opportunity to renovate a foreclosed house for a local bank during the wintertime when there was no landscaping to do in Boston.

The job was completed mostly with the advice of relatives and friends who knew how to do the work. After completing the first house, he did another and then (after getting over his initial fears) began to buy and hold small apartment buildings for himself.

To get the money for down payments (he originally used credit cards until they ran out!), Dave would rehab single-family houses to “flip” for chunks of money, so he could buy more apartment buildings.

Within the first 14 months, Dave’s apartment buildings created a positive cash flow of more than $10,300 a month for him and his family and within three and one half years Dave became a multi-millionaire. Read More→

Thurs, Nov 14th @ 6:00 PM – Doubletree Suites Tampa Bay
Join us at Tampa REIA on November 14th to…
How to Make Big Profits with Abandoned Properties
With Special Guest Speaker, Reggie Brooks
Guests & Non-Members can attend this month for FREE!

Reggie BrooksOn November 14th at the Tampa REIA Main Meeting, Reggie Brooks will teach you how to to find these abandoned and distressed properties, find the owners, and structure a transaction that is mutually beneficial to both you and the seller. You will learn how to automate the process of finding the properties, the owners and create a profitable business where you get the abandoned properties chasing you, rather than the other way around. Reggie’s “Abandoned Property” presentation includes case studies of people who have used his Abandoned Property System to create huge profits buying and selling these unwanted homes.

Join us and you will learn…

  • How to make big profits using a unique niche in the marketplace – Abandoned Properties
  • How to invest with no cash and no credit
  • Insider secrets that the professional investors use to turn $15,000 profits into $50,000 profits and more
  • Hot new tips and insights that the professionals use to find profitable deals, especially in today’s market
  • Hidden cash producing secrets that even seasoned investors don’t even know
  • How to uncover hidden value in properties that most seasoned investors overlook
  • How to profit from properties that most investors consider worthless
  • How to write your contracts to maximize your profits
  • How to use creative financing to fund your deals
  • And much, much more!

Come early to network! Come ready to learn! Come with pad and pen! Come ready to participate! Come join us at Tampa REIA on Thursday, November 14th at 6:00 PM at the Doubletree Suites Tampa Bay located at 3050 North Rocky Point Dr West in Tampa, FL to learn how to profit from abandoned properties. We look forward to seeing you there!

Click to view Cruise VideoWIN A CRUISE: All participants who attend the Tampa REIA Meeting will entered into a drawing for a chance to win a *Complimentary 2 Day Cruise to the Bahamas with Caribbean Cruise Line! *You must be present at the meeting to win. The 2 day Cruise does not include port fees, transportation and taxes.

Late Night Networking at Whiskey Joe’s Bar & Grill

Whiskey Joe's Bar & Grill Tampa FloridaAfter the conclusion of the Tampa REIA Main Meeting (around 9:30PM), we will be reconvening at Whiskey Joe’s Bar & Grill located at 7720 West Courtney Campbell Causeway in Tampa for the “Meeting after the Meeting”. Come eat, drink, network and have fun with us as hang out late into the night on Tampa Bay!

See Tampa REIA Events Calendar for More Events!
Sat, Nov 23rd at 9AM @ Doubletree Suites, Tampa, FL
Making Big Profits with
Abandoned Properties Workshop

Learn How You Can Make $10,000
in CASH in the Next 60 Days!

A Full Day Training Workshop with Reggie Brooks
Sat, Nov 23rd – Doubletree Suites, Tampa, FL

Are you “too busy” like so many others, earning a living, to actually make money and become wealthy? There’s nothing wrong with working hard to make an honest living, but it’s not the way to get rich. Isn’t it time that you started making yourself rich, for a change? I won’t kid you though… you do initially have to do some hard work and put your heart into making a lasting change. The good news is, if you attend my upcoming workshop, follow my instructions and stay determined and focused, it can and will happen for you.

Reggie BrooksMy name is Reggie Brooks and I am an international trainer, author, coach and an active real estate investor. On Saturday, November 23rd at the Doubletree Suites Tampa Bay located at 3050 North Rocky Point Dr West in Tampa, FL, I will be teaching a Full Day Workshop with Tampa REIA on “How to Make Big Profits with Abandoned Properties” where I will teach you how you can make $10,000 cash in the next 60 days.

I will teach you how to find these abandoned and distressed properties, find the owners, and structure a transaction that is mutually beneficial to both you and the seller. You will learn how to “automate the process” of finding the property and the owners, thus creating a cookie-cutter type business where you get the abandoned properties “chasing you”, rather than the other way around.

My “Abandoned Property” training includes case studies of people who have used my Abandoned Property System and made very significant profits.

You Will Learn…

  • How to make big profits using a unique niche in the marketplace – Abandoned Properties
  • How to invest with no cash and no credit
  • Insider secrets that the professional investors use to turn $15,000 profits into $50,000 profits and more
  • Hot new tips and insights that the professionals use to find profitable deals, especially in today’s market
  • Hidden cash producing secrets that even seasoned investors don’t even know
  • How to uncover hidden value in properties that most seasoned investors overlook
  • How to profit from properties that most investors consider worthless
  • How to write your contracts to maximize your profits
  • How to use creative financing to fund your deals

More of What You Will Learn…

  • How to make offers on shadow inventory (bank owned property that the bank has not yet listed with a Realtor)
  • How to buy real estate well below market value
  • Why the bank’s loss is your gain
  • How to locate distressed properties
  • How to research and evaluate foreclosure properties
  • How to calculate your profits
  • And much more…

I have been working for years to instruct and coach literally thousands of students to achieve financial freedom. On Saturday, November 23rd, I am conducting a full day class in which I will teach you how to capitalize on this ever changing real estate market. Yes, you can still make big money – especially now!

Register Now!

Read More→

The Profit October 2013 Edition

Posted on October 9, 2013 by
The Profit Newsletter for Tampa REIA October 2013
Download the October 2013 Edition of The Profit Newsletter Now!

The Profit - October 2013 - High Quality PDFThe October 2013 edition of The Profit Newsletter is available for download just in time for our Tampa REIA Meeting on October 12th. You can download The Profit Newsletter as a High Quality PDF (Recommended) or Low Res PDF for slower devices. The Profit Newsletter is the official newsletter of the Tampa Real Estate Investors Alliance and is a digital, interactive newsletter for new and seasoned real estate investors delivered as an Adobe PDF file to read on your PC, Mac, Smart Phone, iPad or other mobile ready devices with a PDF reader. Many of the articles and ads in The Profit contain hyperlinks you can click or tap to visit websites, watch videos, listen to audios, download content, send emails, comment on articles, share socially and much more! The high res version of The Profit is “print ready” for those who want to print the newsletter on their home or business printer. Also, be sure to Subscribe to The Profit so you don’t miss a single monthly issue.

Download Now!
High Quality PDF / Low Res PDF
See The Profit Archives for our past editions.

Read More→

We are talking about a more global approach to real estate investing using land trusts. Investors should be acquiring a new operating system for their real estate. Just as Windows Vista includes word processing, spreadsheet, e-mail, contact management, Photoshop, and more.

A land trust as an operating system delivers benefits in all phases of your real estate business. It provides a management structure, a partnership and syndication system, a financing alternative, an estate planning tool, a firewall, and much more.

To treat the land trust as merely a title holding entity ignores many of its best features. A trust provides the software for many investment strategies that deliver a host of benefits to its users. For example: Read More→

Five Marketing Musts

Posted on October 9, 2013 by

When it comes to 800 Pound Guerilla Marketing, I have learned that the number of motivated buyer and seller leads I am able to generate only seem to be limited by the time, effort and creativity I put into the marketing process, rather than how much money I spend.

When I put in the time, effort and creativity needed to successfully market my real estate investing business, the leads come pouring in on a steady and predictable basis. When I slack up, the leads often start to dry up rather quickly.

Over the years, as I came to this realization, I created a few personal marketing rules or “marketing musts” to help keep me and my marketing efforts on track so I can consistently generate a steady stream of incoming buyer and seller leads.

I wanted to share these “Five Marketing Musts” with you in hopes they might positively influence your future marketing efforts and real estate investing success… Read More→

I spent the last weekend attending a training event put on by one of the premier real estate teachers in the country today. As I listened to her teach phenomenal content, I kept hearing her talk about the MAO formula to determine the most that anyone should pay for any property. The basic MAO formula is… “The After Repaired Value of the subject property X 70% less Repair Costs = the most you should pay for any property” when using institutional or private financing.

As she talked, I kept thinking to myself, what if the buyer can’t qualify for institutional financing? What if private financing isn’t possible either? What if the buyer doesn’t have someone lined up who can get institutional or private financing? If that is the case what good is the MAO formula to the buyer?

Sure, I know the buyer could use a Hard Money loan to fund their deals and there is a formula for getting a Hard Money loan too. The basic Hard Money formula used in my area is… “The After Repaired Value of the subject property X 65% less the Lenders points and fees = the most that can be borrowed on that property”. The biggest problem I see using Hard Money loans is if the borrower can’t get the property they are buying resold quickly. Most hard money loans are short term, usually one to two years in length and if the property hasn’t sold and the Hard Money loan becomes due and payable, the borrower may find it impossible to find other financing to replace the Hard Money loan and could lose the property. Read More→

OK! So you have decided you want to get into real estate investing and you have gone to some real estate seminars and classes and read some books. Great! You have learned that the next step is to put out some marketing to get leads coming in, like people that want to sell their house, and hopefully at a discount. So you have started doing one or more of the following:

  1. Mailing letters to home owners that say you want to buy their house
  2. Put out bandit signs on the side of the road that say something like “We Buy Houses”
  3. Have set up a website or websites that people find when they search “We Buy Houses” or other various search terms (“Sell my house fast”, “Sell your house fast”, etc).
  4. Have put an ad in the newspaper or Craigslist that says “We Buy Houses”, “Fast Cash for your home in as little as 3 Days”
  5. Have put out flyers around town with similar messages as the above.
  6. Or one of the other (96) marketing strategies that Dustin teaches us.

And then what happens? The calls start to come in. YEAY LEADS! Read More→

Several members have asked me to lay out the steps required to get your first check with a detailed description of each. That’s exactly what you’ll get, but it’ll take several editions to get it done. You may want to copy these lessons and build your own manual as we go.

Here are the steps all in one place to do a simple ACTS or sandwich lease option deal, which is the fastest way to get a check for $5,000 or more. But, before I go there, you may want to take the shortcut and order my Control Without Ownership course where it’s all in one place with everything you need from beginning to end. It sells for $997, but if you call 800-567-6128 and ask for the Mentor discount, you’ll get $200 off. The hard truth is, if you don’t, it’ll cost you many times that amount.

Okay, here we go… Read More→

Have you ever heard the saying, “Work smart, not hard”? It’s one of my personal favorites, and I’m here as a coach to show you how you can do it.

I’m guessing that when you think about buying a property, you’re assuming a lot of leg work: traveling to the property, inspecting it, doing the due diligence, and checking your numbers. And, yes, this is the way you’ll buy the property that you’ll put into your portfolio.

But what if there is another option? What if you could buy a property without ever seeing it and possibly sell it on the same day?

The option is called a WHOLESALE DEAL.

Sound too good to be true? Let me tell you, as a coach and as a business person who has done it, it CAN be done— YOU CAN DO IT—I can tell you how—and these deals can get you to your goals: earning a profit. Read More→

If you want to sell/educate/entertain/enlighten/etc. just about anything to anyone in the world these days, you can and should have a website. No matter what you do, you will be able to reach and communicate with anyone you desire with this incredible tool.

But how do you make one? What do you put on it? What do you say?

And how do you add those cool videos and funny pictures of cats on there that everyone loves?

Yes, these are the questions I often hear people ask. And today, I’ll do my best to answer them for you!

To begin, you need to ask yourself: WHY do I want a website, and WHAT will I be doing with it?

Well, I’m happy to say that I have the answer for you, and that answer is: “It depends.” Read More→

To Blog or Not to Blog?

Posted on October 9, 2013 by

“I blog because I have something to say.” ~ Eddie Huang

Do you have a blog? Have you ever thought about starting one? For a while there, you could be shunned if you didn’t have a blog. Every Tom, Dick, and Alice had a blog. Heck, even my second cousin Flora, the cat lady, had a blog. All God’s children had a blog! Thankfully, the hype has subsided. But the potential benefits of blogs – and pitfalls – are still there.

I’ve done some blogging myself, with mixed success, and in doing so, I’ve developed some ideas about what works and what doesn’t. Since I’ve been reexamining the idea of blogging as an investor, I thought I’d share my thoughts with you here.

As you know, I like to start at the beginning, and I’ll bet at least one of my readers doesn’t really know what a blog is. A blog is simply an online journal or diary. That’s pretty much it. Beyond that, each blogger decides what his or her blog is going to look like.

But first you’ve got to decide if blogging is for you. Read More→

Dinner With The Millionaire Next Door

Posted on October 9, 2013 by

Have you ever made a TOTAL fool of yourself – when you were least expecting to? Read on, and learn how I stepped square in the middle of it!

Last night, one of my lifelong friends – Mary Ann Doering – invited Kim and me over to a small dinner party she was having for her neighbors. Mary Ann is a wordsmith and the woman who proofs my columns.

As much as I like and appreciate Mary Ann, I did NOT want to go to her dinner party. Frankly, any get-together that doesn’t include real estate investors, capitalists and financial-freedom seekers bores me to tears. No matter – Kim made it clear that we WOULD be attending. What I didn’t know was that Mary Ann was setting me up BIG TIME! She was about to pull off her best practical joke on me EVER!

We got to Mary Ann’s before the other guests arrived. A few minutes later, the doorbell rang. Prior to the couple walking in, Mary Ann whispered, “I barely know these people. They’re pretty boring from what I remember.” GREAT, I thought: Now I’m really glad I came.

After meeting “Tim” and “Jane,” I began doing what I always do – asking questions. At one point, Mary Ann mentioned that she was rereading The Millionaire Next Door by Tom Stanley. Tim asked, “Who is Tom Stanley?” Read More→

Whether you are a serious investor or you’re just getting started in the real estate investing business, you need to have at least one Realtor on your “dream team”. There are many ways a Realtor can help you in your business, both on the buying and the selling side and they can play an integral role in building your business.

One of the questions I get a lot is “how do I find a Realtor to work with?” There are many ways to do this. You can find one by asking other investors who they use. They may or may not want to share this information with you. You can also go to your local real estate club. There are always Realtor/Investors at those meetings. Another way to find a Realtor to work with is to check with the Board of Realtors and find Realtors who specialize in investor properties. This type of Realtor may also work with bank owned properties which can also net you some really great deals, especially in today’s market where there are so many foreclosures and motivated sellers.

You need to find a Realtor who is going to do a good job for you. Make sure the Realtor you pick is at least a broker-salesman. These types of Realtors have usually been in the business for a long time and have a lot of experience in dealing with all kinds of properties and situations. You also want to work with a Realtor who is motivated to bring you deals and buyers. Read More→

I was just up speaking for Atlanta REIA when a member asked me “isn’t closing short sales back to back illegal?” My answer was NO! He asked me, when did that change? It has never changed. He just didn’t ask the right questions to the right Attorney or Title Company. Closing a short sale back to back can only be done with full disclosure which I always do on my paperwork to the short sale lender and to the “C” Buyer. I provide copies of my purchase agreement which I have signed with my “A” Seller and me as “B” Buyer to the short sale lender. I then provide copies of paperwork that I had signed with my “C” Buyer and me as “B” Seller to my title company. If you are using my paperwork, here is how I disclose the back to back CASH closing. Remember, disclose, disclose, disclose!

1. The “C” Buyer is a cash buyer.

2. The “B” Seller/investor must has signed a form along with the “C” Buyer, stating that they are aware that the “C” Buyer’s money is going to be used to close the first transaction between the “A” Seller who is doing the short sale and the “B” Buyer/Investor who is purchasing the property prior to selling to the “C”/Buyer.

3. In addition, the Title Company and/or Attorney who is writing title insurance on the property, their underwriter has no problem with this type of transaction as long as this form along with the disclosure stated in your purchase agreement to the short sale lender is provided to them for review. Read More→

Major Zane Purdy’s life crumbled overnight…

Maj. Zane Purdy was making over $100,000 a year employed by defense contracting company, General Dynamics, when his identity was stolen and sold to an identity theft and tax fraud ring. Now, Purdy makes $7.25 an hour at a Krystal to support his wife and two children.

In 18 years of service, Purdy had never had an issue with his top secret security clearance. But once thieves stole his identity, his credit was trashed. Bad credit automatically flags someone as a national security risk and his security clearance was suspended. To add insult to injury, he has also been blocked from active duty and General Dynamics was forced to fire him.

Adding to his plight, he has tax liens levied against his property and the IRS is claiming he owes them more than $10,000 in back taxes.

You may want to believe he was careless with his information, maybe on an Internet smut site or volunteering personal information to a phone scammer. Nope.

His identity thief was a data-entry clerk at a nearby hospital! Read More→

In last month’s issue, I began to explain exactly what securitization is and why it is fraudulent. For several years the mortgage banks in this country were flat-out making up transactions and trusts to cover for the fact that they were pocketing their investors’ money. But that wasn’t enough for them. They bundled up the loans, intentionally loaded them with toxic mortgages to increase their rate of return, and sold them to themselves for a “profit.”

But what does this all mean for the title on a property that had a loan go through this process?

Basically, the title was flawed from the get-go. Nobody who was a signatory to the loan had ANY interest in the repayment of that loan. MERS and all the others were just filling a role by pretending to be officials of the bank that was lending the money, when in reality they were a signature factory. If the trusts had been managed correctly from the beginning, the name of the trust should have been on the note and on the mortgage. They weren’t. Instead the banks set up a huge maze of companies to process the loans with defective notes and mortgages. Read More→

Funding in the real estate business can be one of the biggest barriers to entry and one of the biggest headaches! Here are some tips to help get your next deal funded.

Remember that the only thing that sellers really care about is solving their problems. Make your offers a solution to their problems. Do your homework on the seller and the property. Find out why they are selling and if the property is distressed in any way (deferred maintenance, low occupancy, etc.). Make an offer that solves the seller’s problems. An example might be using a master lease option to take control of a distressed property, fixing it up and then refinancing or selling it.

  1. Use master lease options. A master lease option or lease option is a set of two contracts that give you the right to control the property (master lease) and an option to purchase the property for a set price and for a set amount of time. A master lease option will allow you to take control of the operations of the deal and give you time to stabilize the property. Once that is done you can exercise your option to purchase or sell the option to a new buyer for quick cash. Read More→
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