Wow! I can't believe that 2007 is almost over. It seems like it just started. There are so many exciting things happening this year. My wife and I will be having our first child of MANY in just 7 weeks. We decided not to find out whether the baby will be a boy or girl, so I can't wait to meet him or her.
"The What and the How" Real Estate Investment Program in Dallas, Texas is taking some super-exciting turns as we are venturing out of the country to foreign soil. As the group grows larger and larger, we WILL soon take over Real Estate Investing in Dallas and all over the WORLD.
A Quick Tip: Stop looking online and finding REO (bank-owned) properties to buy. Find an agent and tell them you want to make about 30 offers a month on REOs that have been listed for 180 days or more. Tell the agent to make the offers at 50% of the listing price and make them contingent upon inspection. Each time the bank asks for a counter, send the offer back $5000 less. Of course, all of the offers won't be accepted, but if you can get two or so accepted out of 30+, you have hit the jackpot. All you need to do is fund the deals using cash, private money, or other sources. Agents are not super-busy right now, so they will jump all over this idea.
Blessings to your Real Estate Investment Successes,
Milton B. Yates
Real Estate Investment Coach
www.miltonyates.com
Sunday, October 14, 2007
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