Commercial Real Estate Investment Articles

I just wanted to thank Terry Vaughan for a great idea I got from his Paper Into Gold course. Although I purchased this course a couple of years ago, I hadn’t really tried all the ideas and strategies that the course contains. But the ideas I have tried have proven wonderful for me!

As I wrote about my story, I came to a realization that I want to share with you because–it is my failure story. People learn from their successes AND their failures. I am guilty of having made some successful real estate investments and then stopping. Just plain stopping!

I was an out-of-work welder. I had some real estate investing experience. I had started learning with Ed Beckley years ago and attended several seminars. I like to learn, and I find creative real estate interesting.

I had a very nice transaction that made me very happy. I found an ad in the Boulder, CO newspaper that stated: $500 down NQA on a 2-bed, 2-bath condo in the Boulder Country Club area. I was the first to respond to the ad.

It took almost three weeks to complete the deal, but my first Lonnie Deal worked out just fine. I know that those of you who are thinking about investing in mobile homes have lots of questions (like I did and still do…) about how to do this “start to finish.” I’ll try to explain how this one went.

Never in my life did I have the closing as difficult as this one. Using ideas from Joe Kaiser’s course, Totally Dominate Your Foreclosure Marketplace, I spotted the pre-foreclosure property, and the owner called me after receiving my little card in the mail.

I ran an add that said: “If you have found the house you want, but the bank won’t give you enough money, a private person can help: xxx-xxx-xxxx” The phone rang off the hook. Here is one deal: The house appraised for $100,000. Original sellers would let it go for $80,000 because of divorce. Buyers couldn’t qualify with local bank for more than 80% of $80,000. The buyers had $8,000 for down payment and closing costs.

It has been my total pleasure reading and digesting all of the solid material at Creative Real Estate Online. A few years back I got started in this whole real estate investing ball game through the Carleton Sheets No Money Down program.

Getting motivated sellers to contact you is what real estate investing is all about. One of the ways that we have been successful is to locate potential deals using death notices in the obituaries. Before you call me a creep or a hearse chaser, give this area a little time and attention.

This is for all those who live in the more expensive areas where homes are selling in the $300,000+ bracket. I made this post some time ago in response to someone living in California. She couldn’t figure out a way to buy in this price bracket, get a mortgage, and be able to rent with a positive cash flow. Maybe this will help with getting your creative juices flowing.

I don’t know how popular this idea is or if it has been discussed before–or if it would even work in other areas of the country. However, I do have an idea for making money in rural areas.

I see this question asked a lot on the Main Real Estate Forum. Here are some of my ideas on how to locate the owner of an abandoned property.

I do rehabs in Baltimore and have done about seventy in the last six years. I read Jonathan Mednick’s Rehabbing Houses Top Ten Tips, and thought I’d chime in with my perspective. It was generous of him to take the time to share his views.

So you wanna be a rehabber? Before I give you my Top 10 List, I want you to know that I have been an active real estate investor for only two years. I started by visiting Creative Real Estate Online. It has been crucial to my success.

Okay, here it is. Now get ready to laugh your butt off. I’m a foreclosures expert, right? So I’m asked to speak to a group of recent seminar graduates who, after finishing the program, really don’t know all that much. The chairperson of the group asked me afterward if I would be interested in going in with her on two real estate investments that she had found. I would put up the money, and she would do the rehab work.

Savvy landlords will need to learn or re-learn how to file evictions AND collect their money in the coming days. Many landlords know how to get the judgment, but NOT how to get the money!

Here are a couple of real estate investing tips for beginners that will get you started in the right direction. You can do a no money down deal with no cash, no credit, no income, no nothing, except some general knowledge backed with a desire to succeed by going out there and taking ACTION!

The following is Frank Chin’s reply to Jonathan’s Rehabbing Houses Top 10 Tips (Part 1)

Donald Trump makes billions of dollars purchasing run down or vacant properties and building fantastic structures on them. Warren Buffett makes billions of dollars buying “troubled” companies and turning them into financial powerhouses. Little ol’ me makes millions of dollars by purchasing hard-to-sell houses and making them dream homes.

33 Ways to Find Motivated Sellers

If you are new to real estate investing and considering buying foreclosure properties, you need to be realistic about what you are facing. If you feel more sober about foreclosure investing after reading what I have written below, I will have accomplished my goal.

Looking for private investors? It is not easy, but it is completely possible. Private money is an amazing thing, and it will make real estate investing so much easier once you find it. If you find a deal–I mean a real money maker, the money will always be there.

If you could easily and cheaply acquire a tool to turbo blast your real estate investing career, wouldn’t you do it?

Okay, so now you have a general idea on how this stuff can work. But how do you get started with all this? Start by going to the top of the main page on this site. On the left side click on the link that says Success Stories and read every one of them at least three times.

I posted this in response to someone asking how to find a good real estate lawyer. It can be hard to know whether a lawyer is worth the money you’re being charged, and it can be a lot of money to waste!