Great Video To Help You Push Your Limits – A Must Watch This Week

We’re constantly pushing ourselves to do better… to stretch our “comfort zone” muscles… and to continually push our limits to living better lives.

Well… I came across this video this week that is one of the best videos I’ve watched this year… serious.

Do you remember the last time you said, “thats all I can do… I can’t do anymore!”… or “thats as far as I can go”… after you watch this video you’ll learn how to unlock hidden potential inside of you that you maybe didn’t even know was there.

This is truly what separates the “average” folks… from those who do great things with their lives.

Enjoy    Let us know what you think about the video… leave a comment below after you watch the video. Thanks!

 http://s3.amazonaws.com/trvideos/video1d_small.flv

February 2010 Unemployment Rate Holds

by Tim Krulia – Private Money Blueprint CFO

As part of our quest here at PMBP to give you the single best resource on the financial aspects of growing your real estate investing business (aka, we help people find private money quickly, easily, and abundantly)… here’s an article I found titled, “Jobs report shows unemployment unchanged,” by David Goldman…

This article is great. It has a chart that shows the number of jobs lost monthly since January 2009 to present. I’m not sure why the author is attributing the better than expected jobs numbers to the big snow storms last month. I would think that something like a blizzard would be a negative on businesses and prompt more lay offs. Whatever though.

The important part to take away from this article is really that unemployment stayed unchanged from last month at 9.7%.

I love it! If you’ve been following my articles you know my theory on how the economy is going to start taking strides forward if the unemployment rate holds and improves a little in the next few months! By the unemployment rate not getting worse, I think it’s still supporting my hypothesis that the unemployment rate has peaked in this recession. Check this out… I gathered this info from the Bureau of Labor Statistics to create a chart I can update each month to better illustrate the historical trends of this recession’s unemployment rate.

I started this chart at the beginning of 2007 because that’s when we as real estate investors started seeing our own recession start to get ramped up. I guess the recession by definition didn’t get going until about the beginning of 2008. As you can see the unemployment rate consistently increased for two years (2008 – 2010).

Now we’re creating a nice peak right at the 10% area. The “9 per. Mov. Avg.” is just a 270 day moving average I tossed in there because it’s pretty cool to see that our unemployment rate just crossed under it. So it’s awesome to see that we broke through that floor.

Anyway, here’s my silly little hypothesis:

Get about 3 to 5 more months of the unemployment rate holding or dropping and the recovery will be 100% full force back on! Why? The media & the Government will start to make a big deal out of it’s kinda good news (only kinda good because the unemployment rate will still be over 9% most likely at that time). We’ll see everyone start to believe that the recessionary times are over, and businesses will start rocking again.

My guess is that the unemployment rate will drop from the then maybe 9.4%ish to about 7.5% by the end of 2011. The basis for the 7.5% rate guess-timation is that in our last recession it took about 24 months to gain about 50% back of the recession’s unemployment rate original run up. History has a tendency to repeat itself.

This recession’s unemployment rate curve’s slope is similar to that of the prior recession when it was increasing rapidly. This recession was just over a longer period of time so the unemployment rate increased at a similar velocity but over a longer period of time (making this a much worse recession for unemployment than back in 2001).

About half of the original run-up in unemployment rate is roughly 2.5%…..so it makes sense to think that we could be looking at a 10% – 2.5% = 7.5% unemployment rate in December 2011 and then of course possibly we’d go all the way down to 5% in December 2013. No – it’s not very scientific, and Yes – it’s a blind guess, but here’s for taking a stab at it anyway.

What are you’re guess-timations?

Do you think that an improving economy over the next 4 years will be good for private money recruiting or bad?

Let’s hear it!!

Obama $1.5 Billion Housing Plan Needs More Explanation

by Tim Krulia – Private Money Blueprint CFO

As part of our quest here at PMBP to give you the single best resource on the financial aspects of growing your real estate investing business (aka, we help people find private money quickly, easily, and abundantly)… here’s an article I found with a video that announces President Obama’s plan to spend $1.5 billion on a new housing aid program…

The MSNBC article has a video of President Obama’s Feb. 19 speech at a town hall in Henderson, Nevada. The event was really a campaign push for Dem. Senate Majority Leader Harry Reid who is behind in the polls for the pivotal Nevada 2010 senator race. Obama’s speech paid Reid lots of compliments for his work in Congress, talks at length about the economy, touches on health care, education, green energy and announces a $1.5 billion housing aid program.

Of course, the housing aid program is what I’m interested in researching.

$1.5 Billion In Housing Aid… What Does That Mean To Investors?

The MSNBC article doesn’t do a very good of a job detailing the $1.5 billion housing aid program so that’s why I also am highlighting the Business Week article (it does a little bit better anyway). It’s probably best to understand the A-Z for this news story by watching the MSNBC video and then reading the Business Week article.

The problem for me is that even after I did, I think I only understood about the A-K of what this program is doing, unfortunately. The news applies most directly to those who live or invest in real estate in California, Florida, Nevada, Arizona and Michigan (the leading indicator states).  These are the states that are said to have been hit hardest by the housing bubble bursting. The idea is to target the worst of the worst areas and help them out first and foremost.

Okay, so after reading these couple of articles and watching the video a few times………umm, I’m still a little in the dark about exactly what they are going to do with the $1.5 billion. The best I can find in the info I’ve researched are two comments that stick out a bit, but they are mostly just clues… I think.

1. In Obama’s speech he said, “…and that’s why we’re buying up vacant homes and converting then into affordable housing.”
2. In the Business Week article Diana Farrell, deputy director of the White House National Economic Council, says “The aid is intended, in part, to test programs that reduce principal or extinguish second mortgages where borrowers owe more than their homes are worth.”

Is the government really going to start buying vacant homes?

Did Congress get together and decide, Ah Ha!!! Here’s how we make some $!! Let’s become real estate investors and start buying the cheapest houses out there! Yeah, yeah yeah! We can get the public’s buy in because we’ll say that we’re creating jobs for contractors to fix them up and boost realtors and loan officer’s production! Then we can sell the houses and earn BIG PROFITS!! Yippie!! LOL!

I doubt that’s what President Obama meant but what if that’s part of their plan a little bit? Could the US Government be your competition buying the short sale deal you’ve been working on right out from underneath ya? Again, I don’t think that’s the case, but dang if it doesn’t sound like it from the speech. I’m not serious exactly; just a little humor.

Diana Farrell, on the other hand, notes that the program will help folks that are upside down on their mortgages. Reading in between the lines I guess that by eliminating second mortgages or lowing mortgage balances in general will thus lower monthly payments. Lower payments on a mortgage will help some people avoid foreclosure.

That’s great if you have a job with an income that allows a borrower to make regular payments. Hello? The unemployment rate is still about 10%!! I guess I’m a bit skeptical about where this money is going right now because I can’t seem to understand exactly how the relief is getting handed out.

Housing Plan Questions…

Let’s start by asking the questions…. so who qualifies for this one and exactly what should one expect if they get approved?

Wouldn’t it would be great if there was one central location that anyone could contact, tell a specialist on the recovery act, stimulus stuff, tax incentives & credits, etc. what their situations are and then let the specialist look though all the cool recovery & stimulus stuff out there and in an instant, “poof” it’s in place for ya?

I guess if I had it my way, I’d just make the $1.5 billion available as private money that real estate investors could grab up at a really low interest rate (i.e. 1%)!

We’d be out there pulling down the funds and rejuvenating whole neighborhoods left and right! Then again, it’s kind of small potatoes. Why pay so much attention to this anyway I guess? There was something like 2.3 million houses that entered into some stage of foreclosure in 2008.

$1.5 billion is only the equivalent of 10,000 $150K homes anyway.

In Summary

To sum it up… as real estate investors we should all have our pulse on not only the real estate market… but other factors that can affect our businesses such as new goverment regulations or bills like this one.  I only see more and more of this type of action happening as elections in 2010 draw closer to sway public opinion that the voters are being “helped out” by the government… and this “help” could mean competition for real estate investors in the short sale market (short term competition), but it could also open up a whole new market for savvy investors that we don’t even know about yet.

 

===========================HIGHLY RECOMMENDED=======================
Need funding for your real estate deals? Losing out on deals because you don’t have the financing?  Well, we’re solving that with our first annual “Getting the Money” Bootcamp June 4,5, and 6th.  At this event we’re bringing in true *underground investors*, our funding contacts, and funding experts from around the country who are actively closing deals in todays market using a variety of different methods.

Everything from advanced “private money getting” techniques, to hedge funding, to buying large apartment buildings with little to none of your own money (our underground investor teaching this topic has acquired 2000 units in Texas in the last 2 years using the funding strategies you’ll learn) and more.

Head on over to learn more and get on our “Early Bird Notification” Hotlist for more info <<

===============================================================

All Eyes on the Job Market

by Tim Krulia – Private Money Blueprint CFO

As part of our quest here at PMBP to give you the single best resource on the financial aspects of growing your real estate investing business (aka, we help people find private money quickly, easily, and abundantly)… here’s an article I found which is all about the job market and other economic news…

This coming week is packed full of big economics news with the “main event” coming on Friday when we get our February job’s report.  This article is great because it lays out the economic indicator news that’s to be reported each day of this week.  It also has a little nugget of info about what’s going on with Greece and their financial mess.

How’s this for great news!!!

On the upside, the fourth-quarter reporting period has been positive, with earnings jumping 201% from a year earlier and 16% from a year earlier without the financial sector. Last week’s revision to fourth-quarter GDP growth was better than expected, with the economy rising at a 5.9% annualized rate, the fastest pace in six years (Twin).

Even if the expert’s expectations for the reports this week are mixed; we’ve had something to be pretty happy about.

I’m still hoping that we’ll keep the unemployment rate under last month’s figures.  If you look at the chart (below) of the past decade there is certainly a peak that’s forming right now.

I’m still super hopeful that this next round of unemployment numbers comes in lower than last month’s 9.7%.  If bit by bit, the unemployment rate keeps trickling down (even if it’s just a 10th of a percent each month), this marginally good news COULD go from something only economics geeks like me blab about to mainstream excitement.

Let’s say over the next 90 days the unemployment rate keeps falling (even by the slightest of margins), the media will probably take hold of it and do what they do best; make mountains out of mole hills!  I hope this all comes to pass because I could easily see the media reporting this “GREAT NEWS” (well, not really considering the unemployment rate would probably still be over 9%), and pound it into all our recovery hungry heads that the recession is over and it’s time to get back to spending!

Think about it, it would likely drive consumer confidence and we’d see recovery on both the consumer side and business side. Maybe it’s a bit artificial, but the spending could drive more job creation and drive us right on out of the current struggles.

As soon as this happens, we as investors will be happy to see mortgage applications increase, nudging housing demand back a little, thus increasing home values a bit.  Interest rates would start to go back up a hair (but not necessarily for private money loans because we are independent of the dang banks, of course), banks would get a bit more profitable (great for Wall St.) and then POOF….we’re really truly on the road to recovery in the real estate market.

One other thing to note about my little hypothesis is that in this recovery relay race, we’d finally take the baton back from the government and they would be able to slowly retreat from all these expensive stimuli packages.

What do you think?

Financing Buys Better Deals… NOT!

by Tim Krulia – Private Money Blueprint CFO

As part of our quest here at PMBP to give you the single best resource on the financial aspects of growing your real estate investing business (aka, we help people find private money quickly, easily, and abundantly)… here’s an article I found that reinforces the concept that cash is king, even in a buyer’s market.

Hey there my friends, this week’s spotlighted article is titled, “Homebuyers Finding that Cash Really is King; Even in Buyers’ Market, Many Can’t Close Deals as Investors Snap Up Homes.”  The later half of this week’s article is a tangent of comments made by the author in the article. If you’re into studying unemployment, you may dig this hard core.

If this article doesn’t edify the fact that private money is a smarter route to take for an investor to acquire real estate than traditional methods, than I don’t know what does. Check this stat out from the article!

“Across the country, some 22 percent of all previously owned homes sold in December were purchased entirely with cash, up from 16 percent a year earlier.”

I guess this is no real news to the Private Money Blueprint family because we know that cash is absolutely king in the real estate world. I guess there’s just more people that are getting wise to the facts and using cash instead of banks. The author of the article hits the nail on the head mentioning that buying with cash gets investors better deals vs. financing because it doesn’t require a bank’s approval & its way faster and easier!

Here’s where I’m going to run off on a tangent and jump on my soap box a bit. There was mention in the article of an underlying issue brewing from the contents of this article. The author notes in the article that as inventory of homes for sale drops, it’s harder to get good deals unless you are a cash buyer.

What About The Drop In Inventory?

Duh, cash is king, we know, but what about the drop in inventory?

I think we’re going to start seeing inventory decrease more and more in 2010, but not as much for the author’s reasons (holding up foreclosures for hopeful mortgage modifications). Instead, I think we’ll have the job market to blame as it rebounds (finally).

Keith Hall, Commissioner of the Bureau of Labor Statistics on Friday, February 5, 2010 announced before the Joint Economic Committee (US Congress) that, “The unemployment rate declined from 10.0 to 9.7 percent in January“.

I think that if our government plays it right, we may have just come off our unemployment peak for this recession! What do you think?

Unemployment Stats…

Check out this Unemployment Rate chart from the Bureau of Labor Statistics.

I know it’s too early to tell and all, but I like what I’m seeing. The government is starting to really get it right in my perspective!

Did you listen to the emphasis on job creation in the State of the Union speech the other day? How about the possible $5,000 tax credit given to employers for each new employee they higher up to $1/2 Million per company that’s on the table in Washington?

It goes without saying that if you’ve been reading my columns I am a staunch believer that job creation and lowering the unemployment rate is the #1 driver that’s going to get our economy back to solid ground.

Finally, we’re looking to set aside something like $33 billion for job creation as a stimulus instead of giving $800+ billion to the banks last year (who aren’t as important to us private money guys anyway). If the government can get this stimulus passed and others follow, I’m excited for my optimistic educated guess of unemployment recovery in our midst to turn into reality.

Where this all looks like it’s leading is a potential uplift in the real estate markets… a slow one… but potential uplift.  However, a huge factor in moving properties on the market is the availability of financing for the end buyer (which banks are still very tight with their money)… but when you have the cash (not necessarily your own… but funds from private lenders) available to buy properties today you’re ahead of the game and can capitolize on the best deals, the quickest, with the most profit spreads.

————————————– Highly Recommended ————————

HOW TO GET PRIVATE MONEY IN TODAY’S MARKET – I you’re serious about having a profitable real estate investing business that gives you personal freedom with less stress like many of our students… head on over here to learn how we’re able to get private money (over $11,400,000 in private money in the last 18 months alone between us and our students)… Go here now.

———————————————————————————————––

Foreclosure Rate Comparison: FHA Loans vs Conventional Loans

by Tim Krulia – Private Money Blueprint CFO

As part of our quest here at PMBP to give you the single best resource on the financial aspects of growing your real estate investing business (aka, we help people find private money quickly, easily, and abundantly)… here’s a video I found that compares the foreclosure rates of FHA loans and conventional loans.

Clark Howard is a famous consumer advocate who basically gives people great tips about how to spend or not spend their money.  This video is from Howard’s HLN TV show that aired a few days ago. Go ahead and check out the short video and come back to read the rest of the article here.

Back in my college years I worked at one of the Mid-West’s largest mortgage lenders.  This bank has a strong ethical reputation and is still doing great business today.  My job was mostly funding conventional and FHA loans.  By far most of the loans I worked on were “A paper” conventional loans, but there was the occasional FHA deal that popped up.

This was at the time that Sub-Prime loans were starting to get really ramped up.  One big difference between FHA loans and Sub-Prime was that FHA’s interest rates were most of the time WAY better for the borrower even though they both would approve borrowers with bad credit scores.

Where an average Sub-Prime 2 year ARM was starting at say 8 – 10%, FHA may have been close to half that rate!  If you had low credit scores and didn’t have much down payment $ to drop on the purchase of a house the decision was obvious; try for an FHA first.

Of the tens of dozens of FHA loans I worked on I remember seeing one closed FHA loan where the borrower’s middle credit score was in the mid 400s!  Don’t ask me how.  Yeah, I did a double take on that one and quite a few others.  The thing is though; there were lots of FHA loans that came though that had really low credit scores.

To comment on Clark Howard’s video, I’m not very surprised that FHA loans have gone to foreclosure in greater proportion than conventional loans.  It just makes complete sense because there were lots of REALLY low credit scores that were approved by FHA that probably wouldn’t have ever made it through as a conventional loan.

The great comment that Clark made is that he touches on FHA homeowner assistance or relief.  So if a borrower is having trouble making on-time payments, they can apply for help.  There is still a process of applying for assistance and as Clark says it may be getting easier to be given help, but it’s not automatic.

I don’t know to what extent it may be but there’s undoubtedly a red tape process to go though with FHA before MAYBE getting some help.

Here’s an interesting perspective on FHA, conventional & Sub-Prime.  Private money recruiters don’t need any of those options to begin with so let’s not worry so much about how to get FHA homeowner relief or a conventional loan modification.  I’d really enjoy seeing the statistic of how many private money “mortgages” went into foreclosure compared to FHA, conventional or Sub-Prime.  My guess is that private money loan defaults are a fraction of these other types of loans for one very simple reason; flexibility of terms.

If circumstances change for the worse and the private money borrower can’t fulfill the repayment obligation, the borrower and lender could probably just change the repayment terms.  That could potentially be as easy as making a single phone call!

Some banks will do modifications under somewhat peculiar terms for only people that fit into a certain shaped box.  It might just be staggering to see how much less private money lending may have vs. traditional lending of experiencing payment delinquency or foreclosure.  All that boils down to is that if our assumptions are true than, private money lending is LESS RISKY.

Again, I don’t have the stats to back up my estimation so if anyone has ever seen that statistic, please share it with me so we can share it with the community!  Man, it would sure be a great selling point when you’re out there recruiting private dough!  Wouldn’t it?

Private Money Power Persuasion Phrases that Convert Prospects to Lenders

Wouldn’t it be incredible if you could make a few simple changes in how you communicate your private money lending program and double even triple your conversion rate?

Heck yeah it would!

Well, I’m about to tell you – what took me years to learn through trial and error and countless hours of study in sales, marketing, psychology, persuasion, communication – 3 word-for-word “private money getting” power persuasion phrases … phrases that immediately disarm your prospect, gather needed information, and put you in the most powerful negotiating position possible: the reluctant role.

While these power persuasion phrases may sound simple, do not mistake associating simplicity with small value.

Remember as Albert Einstein said,

“Everything should be made as simple as possible, but not simpler.”

Or as Leonardo Da Vinci put it,

“Simplicity is the ultimate sophistication.”

Put these simple private money lending power persuasion phrases to work for you … and start getting the private money, the cash you need for your deals.

Private Money Lending Power Persuasion Phrases

Watch the video below …

That was a small clip from my private money getting presentation I did recently at Josh Brown and Lou Castillo’s event. I’ll be releasing more private money videos soon … so stay tuned!

Put your questions, comments, and feedback in the comment area … and let me know how I can help.

Happy Private Money Getting!

~ Patrick

P.S. Want more great private money getting videos? Click Here to Subscribe NOW!

Interest Rates Flat and Mortgage Applications Down 10.9%

by Tim Krulia – Private Money Blueprint CFO

As part of our quest here at PMBP to give you the single best resource on the financial aspects of growing your real estate investing business (aka, we help people find private money quickly, easily, and abundantly)… here’s an article I found that raises an interesting question about the relationship between interest rates and mortgage applications.

This week’s article is a little fun because it also comes with a WSJ.com video interview of Dave Blitzer, Chairman of the Index Committee at S&P. The article’s title is “Week-to-week mortgage applications down 10.9%: MBA, Interest rates charged on fixed-rate home loans virtually flat last week,” written by MarketWatch reporter, Amy Hoak.

Just to make sure we’re on the same page, the MBA (as referred to in the title of the article) in this case isn’t referring to a Master’s Degree in Business Administration; instead, it is the Mortgage Banker’s Association.

“The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., MBA invests in communities across the nation by ensuring the continued strength of the nation’s residential and commercial real estate markets; expanding homeownership and extending access to affordable housing to all Americans and supporting financial literacy effort.”

– Source: http://www.mbaa.org/AboutMBA

They also have a pretty kickin’ conference every year that our company used to attend when I was working in the mortgage business. It’s an excellent arena to learn about the cool inside scoop of what’s happening in that industry.

The MBA is reporting something pretty interesting from an economics perspective in the article. The number of applications taken in a week gives us a barometer for demand in the market for mortgages. If applications increase, we know that there are more peeps out there looking to buy or refinance their houses (increased demand), and of course if applications fall, we know that demand lowered.

Normally, we look at interest rates and see a consistent inverse relationship between interest rates and demand. As an example, if interest rates rise, we would expect demand to fall because it becomes more expensive (thus less attractive) to borrow money. Interest rates haven’t really fluctuated up or down so we would expect applications to also be consistent. The nuts and bolts of the highlighted article reports that interest rates have been flat but there’s been a drop off of mortgage apps by 10.9%!

How can that be you may ask? Well that’s the question the video interview attempts to ask. Go ahead and check it out here. Let me know what you think by leaving a comment on the blog.

Let me know if you think that a big part of this anomaly has to do with the shortage of supply of people out there that can qualify for a mortgage. I bet there’s a huge gaggle of Americans who want to buy, have tried to apply for a mortgage, were straight told to go fly a kite and have quit trying.

In theory, if there were a perfect supply of properties and demand of people looking to buy them, then what happens when there’s an increased number of folks that can’t qualify………..what makes up that gap? Well, I’d assume that the result is an oversupply of properties for sale, which drives the prices down of that commodity. The lower prices are what we as investors like to hear because it gives us a continued opportunity to buy better deals.

This anomaly in the market that was reported in this article is great news for the investor that uses private money because it leads to better deals to be had & since we are independent of the banks, they don’t hold us back from going ahead and gobbling them up!

5 Best Real Estate Markets for 2010

by Tim Krulia – Private Money Blueprint CFO

As part of our quest here at PMBP to give you the single best resource on the financial aspects of growing your real estate investing business (aka, we help people find private money quickly, easily, and abundantly)… here’s an article I found that will show you 5 markets you may want to look at in 2010.

Okay, with 2009 behind us… it’s time to start looking at 2010 and how we can all kick some more butt in the real estate market. With our forecasts… getting private money for real estate in 2010 should be about as plentiful as it was in 2009, so don’t hesitate to shoot us a message if you have any questions on that front anytime.

Okay, according to a recent article at the MSN Real Estate site… most of the major real estate markets in the U.S. will still be down in 2010… but, they’ve forecasted these 5 markets below to be the top 5 real estate markets in 2010 as determined by forecasted appreciation rates:

The top 5 cities for home prices

1. Tacoma, Wash. (+2.44%)
2. Memphis, Tenn. (+0.99%)
3. Pittsburgh (+0.89%)
4. Charleston, S.C. (+0.18%)
5. Seattle (-0.50%)

These five markets are culled from data on Moody’s Economy.com and based on the largest 100 metro areas.  There are a few other really great points in the article in addition to the “top 5 markets” that you’ll want to take 2 minutes to check out.

I’m a fan of this article because it raises a few great points of interest and is in line with my personal philosophy of how 2010 should play out.

Scherzer writes (and I feel strongly that this is also the case), that “even though there are government stimuli in place (tax credit) and low interest rates (which help stabilize the market’s values) the leading factor that’s going to lead to increasing home values is a turn around in the labor markets first and foremost. “

The article lists their potential top 5 cities for the housing market in 2010.  A leading factor used to determine the values includes looking at the labor market & the economies of the listed cities.

She includes some great statistical content about 2008, 2009 and probable 2010 foreclosures and also how they may relate to ARM mortgages making their first adjustments.  Don’t miss the link for RealtyTrac and all the foreclosure listings (http://www.foreclosurelistings.com/).  If you don’t know about this website, you should check it out ASAP!

Note that if you are in the business of buying foreclosures, this article notes an expected increase from 3.2 million foreclosures in 2009 to 4 million in 2010! As we know, one of the smartest ways to buy real estate is by using private money.

If this is your business, I think it would be smart to be aggressive recruiting funds now to take advantage of this next huge round of “low hanging fruit” to buy this year.  There’s some great free articles and resources here on this blog under the “Private Money Articles” section that you can refer too.

So, whether you’re investing in one of those 5 markets or not… it doesn’t really matter.  There’s deals everywhere and there’s buyers everywhere… just clarify your strategy in whatever real estate market you’re in and get ready for 2010 and the continued wave of sub prime and Alt A foreclosures (and the wave of commercial foreclosures starting to pile up too).

- Tim

————————————– Highly Recommended ————————

AUTOMATE YOUR REAL ESTATE WHOLESALING BUSINESS – This new software I ran across last month is built by wholesalers… for wholesalers, and completely automates the whole wholesaling opertion. It automates the websites (it sets them up for you), property listings, it creates your squeeze pages, automatically posts to Craigslist and other sites, automatically finds your cash buyers, creates your documents and contracts, collects your leads, analyzes your deals and tells you what to offer, runs your comps, follows up with your leads, et.  Whew! That was a mouthful.  Here’s a full DEMO video for you to check it out for yourself >>  Go here to check out the demo video now.

———————————————————————————————––

 

Real Estate Investor Business Card Examples – How To Design And Where To Get ‘Em

Alrighty, everyone says… “You need to have a business card if you’re going to be a successful real estate investor!”.

Well… that’s partly true.

NO, you DON’T need a business card to be successful… if you take the right actions and use other types of marketing really well… you may not need a business card.

But, SHOULD all real estate investors and “private money getters” have a business card?

Yep.

And… is there a RIGHT and WRONG way to make your business card and put the information on it that can make or break whether you’ll get a call from that card?

Yep.

Check out the video I made for ya this week… (I know, I’m sort of a nerd… I should have edited out the mess up at the start w/ the music being on… but hey… thats me… like it or not

(click play to watch… then check out the resources below the video)

The Resources:

1. The Low Cost (yet quality) Route - I get all of my day to day business cards made at Vistaprint… w/ the discounts they give out sometimes I can get a box of 250 cards for under $20.  I’d suggest checking them out first… and at least getting a double sided card that you can use as your main biz card.When you click the link blow, I know “free” sounds good… but you get what you pay for.  Don’t go for the free ones… click the “Get Started” link under the Premium Business Cards option… you can do double sided, colored, the thickest stock, all for very very cheap… thats the route I go.

   VistaPrint Cards Go Here… It Takes 15 Minutes To Create Your Card << Here’s a quick example of what you can put on the back of your business card to drive people to your private money education based website:

   
   (this is a picture of the back of the cards that I bought at VistaPrint)

2. The Nifty $100 Cards – Okay, after you get your “day to day” cards above… you may think about a bit more creative way to catch peoples eye… get people to read your card… and get noticed.  Now, be careful where you use these… I would personally only use these types of “gimmick cards” to get motivated sellers… birddog referrals… and possibly buyers.  For me… if I’m getting private money I’d rather use a professional looking business card which builds more credibility.But, this companies $100 cards are really slick… pretty darn affordable for what you get… and I talked to the business owners and got a coupon code for you if you decide you want to get those $100 Business Cards.

   Use the Coupon Code: PMBP12

   That coupon code will give you $12 off of your order… which basically makes the typesetting free for ya (it’s about a 10% discount

Enjoy

That’s a fast crash course to getting your real estate investing business card up to snuff… and a few resources to save you some time in your research.  Just a quick note… if you use our link in the VistaPrint link to get cards… we do make a few bucks.  If you value our information and are going to buy the cards through VistaPrint anyway (I truly do buy my biz cards there)… we’d appreciate ya using our link . If you’d rather not use our link… google it and you’ll be good to go.

Here’s to a great year! Keep shooting in your questions to us through the contact page above.

- Trevor

Next Page »