2009 October

Archive for October, 2009

Tips For Success As A Bulk REO Investor

The recession in the U.S. economy has resulted in more foreclosures than experienced by any other generation of Americans. But challenge always gives rise to opportunity, and opportunistic real estate investors are rising to the challenge.

The new opportunity is known as ‘Bulk REO Investing’ or ‘REO Package Investing’ and it’s a huge opportunity.

Foreclosures are at the heart of the Bulk REO business, so let’s consider the foreclosure process.

You can’t understand Bulk REO Investments without understanding the process of foreclosure.

As a home owner misses a payment or two, the lender sends the predictable barage of threatening letters and warnings. Following a period of time determined by the lender, formal foreclosure proceedings begin. From that time through public auction is called ‘preforeclosure’.

Foreclosure is completed when the defaulted property is auctioned. Ownership of the property is returned to the lender if the property is not sold at auction. The property then receives the designation of being an ‘REO’ or the more formal name, ‘Real Estate Owned’.

Lenders have no interest in owning property, and thus usually opt to list their REO properties with a local real estate broker in hopes of a retail sale. Yet with increasing frequency, REO properties are being sold for pennies or dimes on the dollar. This happens because the buyer of the REO is required to purchase multiple REO’s in a single transaction.

The REO investment packages available today have provided a way to profitably capitalize on the U.S. recession. Bulk REO Investors are most successful when they have a well-established source of funding for their REO packages. There are many sources of funding for these transasactions including: hard money and commercial financing, as well as non conventional sources such as hedge funds and private investors. Additionally, one man is becoming very well known in the field of bulk REO investing, and his name is Salvatore Bushemi of Dandrew Partners, a New-York based hedge fund.

Tags: bulk reo, bulk reo investing, buyer mandate, reo packages, seller mandate | Comments Closed

The way to use trade shows for more leads

The lifeblood of practically all businesses are leads.If your business is selling a product or service, you need people who are interested to follow up with.Well one of the methods you can use to generate leads are trade shows but people often don’t do it right.I say it is misused because most businesses want to try to make a sale then and there.Sure you have the ability to get some sales at the trade shows, but if you really want to see a boost in sales, focus on getting leads first.Because quite a few people at the trade show just want to look.They won’t and aren’t usually willing to buy, but if you have their information, you can follow up to make a sale.

So if you are going to use trade shows the right way and use them to generate leads you need a great trade show display booth setup.I mention you have to have a good setup because you need to have something that will attract the crowd’s attention.To say it another way if the people at the trade show pass your booth by and they don’t like it, they won’t stop.So be sure that you have a booth that is both professional and attractive.

The next thing you want to do is have roll up banners. That way you can have a nice image or logo that you can set up that also attracts more attention. The booth is nice but a good banner can enhance the look and get people to come over.

Finally once you get them over to your tradeshow displays instead of concentrating on the sale concentrate on the first step.To put it another way you don’t run first, you always have to learn to walk.You have to look at acquiring their information as the beginning step.You will definitely make more sales using this mindset.Let me ask you, what is easier, getting the sale or getting their information? Their information is easier to get so you will get more of them. And as mentioned leads are the lifeblood of most businesses.

Tags: banner stands, banners, pop up displays, trade show, trade show displays, tradeshow booth | Comments Closed

How To Become A Bulk REO Investor

There are more foreclosures in the United States right now than we have ever experienced before. Yet as always, this challenge has given rise to a huge new opportunity for alert real estate investors.

The real estate investing strategy du jour is called ‘Bulk REO Investing‘ and is a real monster.

Let’s take a moment to analyze the basics of this incredibly lucrative business.

To understand investing in Bulk REO, you have to understand the foreclosure process.

Mortgage lenders faced with a non-paying home owner send a large volume of threats, warnings and documentation to the borrower who is late. The formal process of foreclosure begins at the lender’s discretion. From that time through public auction is called ‘preforeclosure’.

When a defaulted property is placed up for auction, the foreclosure process is completed. Ownership of the property is returned to the lender if the property is not sold at auction. Such a property is then classified as an ‘REO’ (Real Estate Owned) by the lender.

Local real estate agents are usually used to resale REO properties at retail price to the general public. However, REO properties are now frequently sold for far less than their ‘book value’. But the price of receiving such great pricing is the need to purchase multiple REO properties (a ‘package’) rather than individual properties.

There is huge profit potential in these REO packages for qualified real estate investors. Bulk REO Investors are most successful when they have a well-established source of funding for their REO packages. Some sources of funding for these transactions are: personal funds, hard money lenders, commercial lenders and non-conventional sources such as private investors and hedge funds. Additionally, one man is becoming very well known in the field of bulk REO investing, and his name is Salvatore Buscemi of Dandrew Capital Partners, a New-York based hedge fund.

Tags: bulk reo, bulk reo investing, buyer mandate, reo packages, seller mandate | Comments Closed

Information You’ll Find Really Interesting

Robert Allen, Internet Marketing Specialist has teamed up with Home Wealth University.com

(Publisher’s note: This article originally published on GoArticles.com and republished here with permission.)

Home Wealth University.com is the World’s First and Only Double Acceleration Matrix. This new Internet stay at home business opportunity is perfect for the “Internet Newbie.” Most people starting their first home business do not have a lot of working capital, but this opportunity makes it affordable for everyone according to Bob Allen.

Home Wealth University was designed to help the average person generate above average income in their spare time from home. The HWU Double Acceleration Matrix compensation plan was designed to allow anyone to make money whether they ever recruit another single person or not. Unlike many companies that require you to start from the bottom and build from scratch. HWU Double Matrix is specifically designed to build and fill fast. That’s because each person gets TWO PROFIT centers in the Matrix.

This unique design fills TWICE as fast to ensure maximum SPILLOVER. In fact you can earn from 0 to 00 per month without ever enrolling a single person. Home Wealth University provides each new member their own web site. The web site is ready to go the day you join the company. This makes it easy for the “Newbie” to start making money immediately says Bob Allen. HWU also has a complete training program, marketing tools and a full support department.

How many times have you heard the expression, “I wish I would have joined that company when it first started.” Well, this is your chance to do exactly that. Home Wealth University.com is currently in Pre-Launch. The official launch date is October 1, 2009, but people are joining this ground floor opportunity right now.

Bob Allen with Home Wealth University wants to invite you to take the next step towards your financial future to join him & countless others involved in Home Wealth University’s Pre-Launch opportunity. You can contact Bob Allen at http://robertlallen.homewealthtour.com/ or email; bahomewealthuniv@gmail.com or by phone at (239)596-4012 in Naples, FL.

Robert L Allen, Home Wealth University.com, Internet Marketing Specialist, Mentor & Trainer.

Tags: business opportunity, Home Wealth University, real estate investing, Robert Allen real estate, Robert Allen. | Comments Closed

Tips For Success As A Bulk REO Investor

No generation in American history has ever experienced the number of foreclosures and defaulted mortgages as is happening now. But challenge always gives rise to opportunity, and opportunistic real estate investors are rising to the challenge.

The new opportunity is known as ‘Bulk REO Investing’ or ‘REO Package Investing’ and it’s a huge opportunity.

Take a just a minute to consider the basics of this highly profitable business.

Understanding the notion of Bulk REO’s requires understanding of the foreclosure process.

As a home owner misses a payment or two, the lender sends the predictable barage of threatening letters and warnings. After a certain period, the lender will then formally begin foreclosure proceedings. The name for this period is ‘preforeclosure’.

When a defaulted property is placed up for auction, the foreclosure process is completed. If the property is not purchased at auction, ownership reverts to the original lender. This property is then considered to be ‘Real Estate Owned’ by the lender, also known as an ‘REO’ property.

Typically, lenders list their REO properties with local real estate agents in hopes of selling the property to a retail buyer who will pay full price. Yet with increasing frequency, REO properties are being sold for pennies or dimes on the dollar. This happens because the buyer of the REO is required to purchase multiple REO’s in a single transaction.

There is huge profit potential in these REO packages for qualified real estate investors. The most successful Bulk REO Investors will have a well-respected source of funding for their transactions. Some sources of funding for these transactions are: personal funds, hard money lenders, commercial lenders and non-conventional sources such as private investors and hedge funds. Additionally, one man is becoming very well known in the field of bulk REO investing, and his name is Salvatore Buscemi of Dandrew Capital Partners, a New-York based hedge fund.