Investing Property Made Easy Through The Internet

The Internet makes a lot of things possible. In fact, entrepreneurs who want to succeed in their businesses today use the Web as a medium for a wide range of business requirements and strategies. The same thing is the case among property investors who want to get ahead of competition. If you want to get into investing property, read this article to help you maximize the usage of the World Wide Web.

One of the biggest advantages that Web has given investors is that it gives you instant access to real estate education. In just a click, you can find a lot of educational resources that will be able to help you expand your knowledge about the industry. Search the Web for comprehensive videos, how-to articles, and other real estate materials that will be able to help you get started with your investment plans. Instead of enrolling in hefty seminars, why not find yourself useful resources at a much lower (some, even for free) costs?

The Web also provides a very convenient way to market properties. Another benefit of using Internet marketing when investing property is that it gives you the chance to reach out to a global market. In one click, you can access potential buyers or sellers. You can communicate with your target market without having to leave the comforts of your home. Social networking sites even take REI marketing into a whole new platform. Facebook, Twitter, Youtube, and LinkedIn are just four of the most popular social networking sites. Find out how you can maximize the usage of these sites and build a huge network. It is also very important that you familiarize yourself with the new trends. Twitter and Facebook, for instance, release new applications that may be useful to the promotion of your business.

You can also use the Internet to secure financing. Obtaining financing is a very crucial factor when investing property. Through the Internet, you can find a list of lenders who may be able to assist you with your financing requirements. Most hard money lenders promote their interest to invest through online sites. They even offer convenient application processes. Some sites provide downloadable application forms.

Many investors use the Web to connect with fellow property investors. Blogs make it easier for you to check on what your competitors are up to at the moment.

Yes, the Internet has made investing property a lot easier. Given this, it is very important that you keep yourself updated with Internet trends. For more real estate tips, go to www.REIWired.com.

Nuts and Bolts of Investing in Short Sales

Learn how to turn obstacles into opportunities as short sales expert Franklin Cruz discusses the secrets to becoming a successful short sale expert. He will also give you a step-by-step guide on how to make tons of cash through short sales.

Visit REI Wired's Metacafe channel for more real estate videos to choose from.

Offloading With the Help of Real Estate Agents

Ready your pen and paper as Bob Massey talks on how you can offload 90% of the work in your deals with help from real estate agents. Using a technique he calls “The Agent Magnet System,” Bob Massey will also teach you how to put at least 20 deals in your pipeline. Listen as the creator of The Agent Magnet System explains the 5 Steps of Short Sale Investing.


Visit REI Wired's Yahoo! channel for more real estate videos to choose from.

Finding Deals and Contacts Online

Are you tired of driving around looking for yard signs? Then say goodbye to this practice by listening to real estate investing and online marketing experts Sam Bell and Mark Jackson. The duo will demonstrate how you can pull out contact details of your prospective investors and buyers online.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Creating a Sound Internet Marketing Method

Tired of using marketing strategies that dont work? Watch and learn as marketing guru Heather Seitz gives you a complete walkthrough on the essentials of Internet marketing in this video. Discover how to give your business a great boost by taking advantage of the power of the Internet.


Visit REI Wired's Youtube channel for more real estate videos to choose from.

6M’s of a Marketing Campaign

Marketing expert Gary Boomershine will teach you how to use automated direct mail to boost your real estate investing business. He lists down the three major challenges faced by investors and the mantra that will solve all these problems. If you want to know how to make tons of cash in creative real estate by getting an abundance of motivated and qualified sellers and buyers calling you each and every day without you ever lifting a finger, this is the video for you.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Tried-and-Tested Tips to Making Money in REI

Learn everything that you need to know about maximizing your income potentials. Thomas Bartke will also share tips on motivation, marketing techniques, blogging, social networking, ensuring longevity in the industry and many more!

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Find Good Deals Where Nobody Else Can

Gary Tharp will explain the difference between an open market and a hidden market. He will list down the easiest sources of leads and show you how you can find leads by simply walking around in your area. This video features an actual walk around Orlando City, wherein Gary Tharp applies his theories into practice.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

2 Magical Questions in Preforeclosure Investing

SaveMeFromForeclosure.com founder Justin Lee breaks down profit opportunities you can take advantage of in preforeclosure investing. If you want to generate extra commission, additional income, referrals, and get that money sitting under your nose, this video is for you.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Profit in Distressed Homes and Foreclosures

If you want to learn a great way to make huge profits in real estate, then watch this video now as veteran real estate investor Glen Gallucci teaches you the basics of investing in foreclosures. Get over your fear of buying distressed homes and learn where to find the most profitable properties.


Visit REI Wired's Metacafe channel for more real estate videos to choose from.

32 Golden Rules of Short Sales

Phil Pustejovsky will teach you how you can make $32,000 in the next 90 days without cash or credit. Learn the 7 Majors of Short Sales in detail in this video. You will also discover how to find short sales the easy way, and how to evaluate the profitability of a deal. Know why you will not run out of houses to short sale and why these are called “missed opportunities” by some real estate investors.

Visit REI Wired's Metacafe channel for more real estate videos to choose from.

Virtual Short Selling

Get an inside look into DC Fawcett’s Virtual Short Sale Investing Business in this short video by the man who has mastered the art of loss mitigation and short sale investing. In less than 30 minutes, DC Fawcett will show you how you can earn a 6-figure monthly income despite the current state of the US real estate market (It’s actually the best time for investors like you, find out why).


Visit REI Wired's Metacafe channel for more real estate videos to choose from.

Keys to Success, Survival, and Wealth in Real Estate

If a lot of us know a lot of information about real estate investing, how come more people are not successful in real estate? Real Estate Web Academy founder Roger Salam will give you the answer to that question. In this video, you will learn why having a creed of your own will help boost your business.

Visit REI Wired's Metacafe channel for more real estate videos to choose from.

Key to Finding Good Real Estate Deals

Discover what makes a successful real estate investor tick as Preston Ely gives you a glimpse into the daily life of the Wholesaling King. Watch this video and find out why having passion in real estate can help you live the life you've always wanted.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Automated Investing

These simple techniques which are easily implemented in any area of your business (or life) will make things work more efficient and reduce the cost of mundane tasks without sacrificing quality. Do this the right way so you can focus on those things which really make you money and add to your bottom line!


Visit REI Wired's Youtube channel for more real estate videos to choose from.

Beat Wholesaling Banks

Want to learn how to make your real estate business thrive amid an economic slump? Kenny Rushing will teach you exactly what to do. Listen as he explains his trademark Kenny Rushing triad system. Learn how you can find financing when hard money lenders in your area start to tighten policies. You will also learn why banks are now the top competitors of wholesalers and how you can beat them.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Learning the Secrets of Lease Puchasing 2

Learn more about lease purchasing in Part 2 of Brian Gibbons’ video. Watch this presentation and learn a wide range of marketing techniques that would help you find the right buyer or tenant over a short period of time. Brian Gibbons also gives you tips on how to make an effective Craigslist ad, how to deliver persuasive marketing pitches, and how to write compelling online articles to help increase traffic to your website.

Visit REI Wired's Metacafe channel for more real estate videos to choose from.

Learning the Secrets of Lease Puchasing 1

What does it take to be a successful investor? Brian Gibbons shares with us the important skills that every lease purchaser needs to develop – time management, picking the right property, meeting potential buyers, closing appointments, etc. Learn the secrets of lease purchasing now and maximize your profits in real estate!


Visit REI Wired's Metacafe channel for more real estate videos to choose from.

Living Your Dream Lifestyle with REOs

Alfred Alonso will teach you how to find the killer deals in the current market and how to turn them into cash without using your own money. He will also enumerate the three biggest mistakes investors make in today's market. You already know that wholesaling is hot nowadays, but what if there was a very specific niche of wholesaling that will allow you to earn an extra $30,000 monthly?

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Millions in Selling Properties with Code Violation

First, Trace Trajano gives an overview on what code violations are. Then, he provides a detailed and step-by-step guide on how to profit from homes that have been fined by the city government. Be amazed at how easy it is to make money in this promising market!


Visit REI Wired's Youtube channel for more real estate videos to choose from.

Enter the Lucrative World of Seller-Financing

Eddie Speed will share with you the secrets to closing a real estate deal 70% faster and easier through seller-financing. Discover the four ways to make money in this highly profitable business and learn how to ask good questions that will give you more predictable results. Find out why seller-financing offers flexibility that you cant find in any mortgage market.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Getting Some Quick Real Estate Mentoring

Getting some quick real estate mentoring is becoming a fashion today. Being under a teacher has many benefits and one of them is the reduced learning curve. But before you jump into any of the courses you see on TV, remember these simple reminders.
Choose a method you want to learn. There are many ways of real estate investing that are very profitable in today’s market. Some of these methods are rehabbing, wholesaling houses, short sales, and rentals. The first one is simply repairing rundown properties so they can be sold high again. The second is selling contract to purchase properties while the third is buying houses so they don’t go through foreclosure. The fourth is simply opening properties for rent. These methods are effective in today’s market primarily because of the availability of cheap properties that may be used in various investing methods.

Choose a mentor. If you plan to undergo real estate mentoring, you must of course have a mentor. When selecting a teacher, be sure to double check the credentials of that mentor. Make sure that the mentor is also an investor and not just a teacher of theories. You must ensure that he applies his own teachings on his ventures. Also, when you don’t feel like respecting the mentor, opt out of his program. Remember that for you to fully understand the real estate investing concepts of a teacher, you must believe in everything he says. If you can’t do that, it’s unlikely that you will learn from the mentor.

Study the basics. One of the mistakes students commit when undergoing real estate mentoring is that they do not conduct a little research about the course. It is important that before you study wholesaling houses, rehabbing, or another method that you learn its basics. Go to bookstores and pick up a copy of books on investing and real estate. Business and marketing basics will also help. You must ensure that you know at least the basic terms used in this industry. Fill yourself with helpful information. If you have any questions, list them down and ask your mentor about them.

Go online. The Internet is a powerful research tool. Whether choosing an investment method, choosing a mentor, or studying the basics, the Net can be your buddy. Just make sure that you get information from reliable websites. For example, if you need information on real estate investing, you can go to REIWired.com, which is a trusted authority on the matter.

Real Estate Mentoring: 5 Books For Investors

Real estate mentoring is a very important aspect of the business. If you are a beginner, there are thousands of things that you need to learn before you set foot in the battlefield. The good news is that real estate mentors come in various shapes and sizes. When we say real estate mentoring, it does not necessarily mean that you need to enroll yourself in one of the most expensive seminars in your area. Instead of spending thousands of dollars, why not grab a good book and learn the message by heart? In this article, we will share with you 5 of the best real estate books for investors.

“Rich Dad, Poor Dad” by Robert Kiyosaki – This book is ideal for starters. In this book, Kiyosaki emphasizes the importance of financial literacy. He believes that to veer away from the rat race of corporate America, individuals need to be financially independent. Robert suggests that if you want to succeed, you should not limit yourself to the four corners of the corporate world. Instead, you should go out and try new things.

“The Essays Of Warren Buffett: Lessons For Corporate America” by Warren Buffet - In this book, Buffet shares with us some of his business principles. He believes in purchasing shares of businesses during times when stocks are trading at a good discount.

“Beating the Street” by Peter Lynch – Peter Lynch is among the most successful real estate investors of all time. In this book, he shares with us his thoughts about making the right decision when buying or selling stocks. Lynch firmly believes that an individual property investor has the capability to exploit market opportunities. He encourages everybody to invest in things that they know the most.

“The Intelligent Investor” by Benjamin Graham – Warren Buffet considers this book as the best investing book ever written. Graham advocates the purchase of stocks sold at a lower price as compared to the inherent value. He gives readers a few real estate mentoring tips and shares several ways on how to efficiently manage a portfolio.

“Think And Grow Rich” by Napoleon Hill – This book shares a wide range of valuable insights about the psychology of abundance. This is definitely a good read for individuals who want to succeed in the business.

Read these books and find useful ideas on how you can make your business successful. For more real estate tips, go to www.REIWired.com.

What a Logical Investor Does 2

If you want to know the qualities of a good wholesaler, this is the video for you. As a bonus, Gregg Fous caps off the presentation with 10 real estate investing tips and his take on affirmation and how it can increase your credibility.


Visit REI Wired's Youtube channel for more real estate videos to choose from.

What a Logical Investor Does

In Part 1, the owner of Market America Realty & Investments gives a little beginners course on investing in general. He then discusses real estate investing with emphasis on risk, liquidity, leverage, management, and tax impact.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

3 Way Step to Real Estate Riches 2

He will also share his thoughts on verifying the background of sellers or tenants when performing lease options, subject-to, and rent-to-own deals. Discover why he prefers to look like an average Joe when doing deals instead of being flashy like other successful real estate investors.


Visit REI Wired's Metacafe channel for more real estate videos to choose from.

3 Way Step to Real Estate Riches

Want to learn how to leave your local competitors by miles? Watch this video of Jason Hanson on marketing espionage. Watch this video and you will learn about zero Internet marketing and how you can determine the types of houses you must look for in your area.

Visit REI Wired's Metacafe channel for more real estate videos to choose from.

Finding Short Sale Prospects

Do you want to know what mindset you should have when investing in short sales? Do the terms contract management system and net/loss sheet sound alien to you? If you answered yes, watch this video now.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Why Many Investors Prefer Wholesaling Over Other Real Estate Investing Strategies

A battle, they say, is won by those who have good strategies. If a general or warlord is able to come up with a plan that allows him and his troops to outsmart their enemies, then he can expect a quick victory. The same principle holds true when you invest in real estate. If you don’t want to be a loser, you must have good real estate investing strategies in place.

For a beginner, one of the best real estate investing strategies that you can use is wholesaling. Wholesaling is basically defined as the process of placing a property under contract and then finding an end buyer for that contract. The reason why it is ideal for a newbie in the business is that it is less risky and you can start building your real estate empire without having the need for a huge investment capital.

How is this possible? It is simple, really. When you wholesale a house, you don’t buy the property itself. Because you don’t have to shell out some cash for the purchase of the house, you won’t need a huge investment capital. And since you’re not investing a huge amount of money, there is little or no risk involved.

For as little as a $100-deposit, you have the power to control a property worth thousands of dollars. You can also decide to whom you are going to assign the contract to. And by spending about $100, you can earn about fifty times of the same amount once you have successfully facilitated the sale of that property. Now, isn’t that amazing or what?

Real estate investors who prefer wholesaling over other real estate investing strategies usually earn somewhere between $5,000 and $15,000 worth of assignment fee per transaction. Depending on the type of deal or the property that they were able place under contract, the figure can be as low as $3,000 or as high as $20,000.

However, wholesaling properties is not as easy as you think. If you don’t know anything about marketing, if would be difficult for you to find properties to be placed under contract or end buyers for the contract that you have acquired. Therefore, if you want to succeed using your chosen real estate investing strategy, you also have to master the art of marketing.

Meanwhile, if you want to explore other real estate investing strategies, visit www.REIWired.com. The website has all the learning resources that you need to succeed in the real estate investing business.

Nifty Pointers on Real Estate Investing for Beginners

Over the years, many people have become millionaires and billionaires by investing in real estate. By becoming property investors, real estate moguls like Donald Trump and Robert Kiyosaki were able to enjoy the life they have always dreamed of.

If you want to be the next Donald Trump but you’re worried that you’re totally clueless about investing in real estate, don’t worry because that can be easily amended. All you have to do is to learn the basics and show dedication to your chosen career.

Real estate investing for beginners is not really that different from real estate investing for veterans. Newbies and seasoned investors have the same goal in mind, and that is to get huge returns from their investments. Both of them are trying to do the same thing. So don’t be afraid to invest in properties just because you’re a beginner.

In addition, don’t be afraid to commit mistakes. In fact, there are veterans who still make huge blunders. But what’s great about committing mistakes is that you can learn from them. As the saying goes, experience, be it positive or negative, is the best teacher.

A little tip on real estate investing for beginners, though. The real estate business is not all wines and roses. It is a highly competitive world and with more and more people wanting to become real estate investors, the competition has become tougher than before. One way to survive in this business and to make all your dreams come true is to sharpen your real estate investing skills.

To enhance your capabilities as a real estate investor, you should learn from the examples of prolific real estate entrepreneurs. Duplicate their recipes for success. If one of them is offering to mentor you, take advantage of that golden opportunity.

If you don’t have the luxury of hiring a real estate mentor, you can still beef up your real estate investing skills by perusing various instructional materials. The Internet, for one, is a great source of real estate education as there are many websites that offer educational tools for both beginners and veterans in the real estate business.

Real estate investing for beginners is not really that complicated. With the right mindset and attitude, as well as the willingness to learn and try new things, being a successful real estate investor is a no-brainer.

Considering making money in real estate? To get started, log on to www.REIWired.com.

4M of RE Marketing You Ought To Know

Learn how you can target your market using the shotgun and rifle methods. You will also learn more about yellow letters, postcards, business cards, and door hangers in this packed video.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Real Estate and Social Media

Learn how to harvest the power of social networking from Lewis Howes and Sean Malarkey. Listen as they explain how you can build a buyers list online and use social media to drive traffic to your website.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Real Estate Autopilot System

Mike Butler shares the secrets of millionaires and how they earn millions of dollars with just a push of a button. Discover the things that stop you from getting rich and how to overcome them.

Visit REI Wired's Metacafe channel for more real estate videos to choose from.

How to Make a Killer Offer

Mike Jacka shares the magic formula on creating offers that home sellers cannot resist.So if you don’t take a seller’s rejection too well, watch Mike Jacka’s video now!


Visit REI Wired's Metacafe channel for more real estate videos to choose from.

Selling a Luxury Home

Marco Kozlowski, will show you how you should talk to home sellers to build good rapport with them. He makes an actual phone call to the owner of a property that has been listed for $11 million.

Visit REI Wired's Metacafe channel for more real estate videos to choose from.

Investing in Real Estate is a Cool Way to Get Rich

Being a real estate investor is one of the coolest jobs out there because it allows you to make lots of money without imposing restrictions on your lifestyle. Unlike going corporate, you can generate a huge and stable income while still having the time to take part in the activities that you enjoy the most. And what’s good about making a living by investing in real estate is that you don’t have anyone to answer to since you can be your own boss.

There are many ways to make money in real estate. For the broke and the inexperienced, there’s the business of wholesaling houses. Wholesaling is a method of flipping (or buying and selling) homes wherein an investor places an investment property under contract and then finds buyer for the contract. In essence, a wholesaler brings a motivated home seller and a buyer together.

For those who have no investment capital or an extensive background in real estate investing, being a wholesaler is the perfect real estate job for them. Wholesaling doesn’t require a huge start-up money because unlike when doing a conventional flip, you don’t have to buy the property itself. You just have to give a deposit and help the seller get rid of his unwanted home. It’s as simple as that.

On the other hand, if you’re looking for a more challenging method of investing in real estate, there’s managing rental properties. Many real estate investors shy away from being a landlord because of the amount of work and effort it entails. With the right mindset and good managing skills, however, you can create a steady stream of income that can help you prepare for your retirement or help you save for your children’s college fund.

The key to becoming a successful landlord is to set up a system that will allow you to manage your rental properties with ease. Once you have laid a strong foundation for your business, you can just relax or go on a cruise in the Caribbean as rental income comes pouring into your bank account.

Bear in mind, however, that making mountains of cash in the real estate investing business is fairly impossible if you don’t have the willingness to learn. Success in this business is founded on the principle of “knowing what you do and doing what you know.” Therefore, if you don’t want to end up as failure, you should also invest in your real state education.

To learn more methods of investing in real estate, visit www.REIWired.com.

Education: The Key to Successful Real Estate Investing

If you believe that the real estate investing business has lost its luster, you’re sadly mistaken. No matter what the current financial situation in the country is, investing in real estate is still one of the best ways to gain financial freedom. Just ask those people who made riches by being a real estate investor.

However, while it is true that it is easier and faster to generate huge income by becoming a real estate investor, such a feat is still impossible if you don’t have at least a background on investing in real estate. In fact, many real estate investors quit halfway because they are incurring more profit losses that profits due to their lack of knowledge. Therefore, if you don’t want to end up as a failure just like these quitters, study real estate investing first before taking a big step forward.
There are many ways to beef up your real estate education. Listed below are some of them:

1. If you haven’t visited the local library as a child, now is your chance. The library has lots of books about real estate investing and if you can’t afford to buy a book or any reading material for that matter, the library is the best place to get free real estate education.

2. Another way to improve your knowledge on investing in real estate is to surf the Internet. The World Wide Web is a treasure trove of information for an aspiring real estate investor like you. Nowadays, there are many real estate experts who share their knowledge by posting articles and other learning materials online. By reading their blogs and visiting their websites, you can pick up hints and tips that you can use when it is time for you to invest in real estate.

3. If you have money to spare, it wouldn’t hurt to invest them in your education. You can attend seminars and workshops organized by experts in the real estate business. If you want, you can also sign up for courses or buy instructional materials.

4. Having a real estate mentor can also beef up your knowledge on investing in real estate. A mentor can teach you lots of neat stuff about the business, as well as provide you with hints and tips that only real estate veterans know.

Always remember that if you want to succeed in the real estate investing business, you have to take care of your real estate education first. Visit www.REIWired.com to get the best real estate education there is.

Become a Successful Short Sale Expert

Learn how to turn obstacles into opportunities as short sales expert Franklin Cruz discusses the secrets to becoming a successful short sale expert. A former soldier who got hooked on real estate investing after watching a late-night television infomercial, Franklin Cruz will teach you the nuts and bolts of investing in short sales and how you can take advantage of current market trends to boost your business.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Fund Deals with Private Money

Alan Cowgill will teach you how to fund deals through private money financing. He will explain in this video presentation the advantage of using private money over borrowing from banks or other lenders. Listen carefully as he relates how he discovered the road map to using private money in buying commercial properties, apartments, luxury homes, and single-family homes.



Visit REI Wired's Youtube channel for more real estate videos to choose from.

Common Questions on Real Estate Wholesaling

In short, clear, and intelligent answers, Eddie Case will lay down the answers to the top 20 questions that most newbie real estate investors ask.earn all these and more in this compiled video that will definitely answer all your questions and doubts.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Street Marketing with Bandit Signs

Using bandit signs is one of the most effective ways to find and market real estate deals. In this video, he shares exactly how he makes a bandit sign, which he calls street marketing.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Get Leads and Deals for FREE

Darren Dicke is a master in finding deals and leads free and hell expose his methods in this video. Hell tell you what you can do with for rent signs and for sale by owner signs. Listen as he makes an actual phone conversion with a potential buyer.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Bank Owned House Explained

Nowadays, many people are cutting back on their expenses because of the sluggish economy. Spending less on trivial things is actually a prudent move on their part. With the current state of the country’s finances, one can never be too careful with one’s hard-earned savings.

For real estate investors, meanwhile, one of the best ways to cut back on your expenses when rehabbing properties is to buy a bank owned house. Popularly known as real estate owned houses or REOs, these properties are being sold at rock-bottom prices because the banks and lenders that own them have no choice but to sell them as quickly as possible.

A bank owned home is a property foreclosed by banks and lenders after its homeowner defaulted on his or her mortgage. Unlike ordinary foreclosures, however, an REO failed to get bids at the auction, which forces the bank to take legal ownership of the property in question.

As we all know, banks and lenders are not in the business of selling homes. Being as such, they are required to clear their inventories of real estate. Failure to do so may result in profit losses or sanctions from industry regulators. To avert such a disaster, banks will sell REOs at very low prices to easily attract the attention of buyers. They would rather sell low than not to make the sale at all.



To buy a bank owned house, meanwhile, the first thing you need to do is contact a realtor. A realtor, or a real estate agent, can help you find the cheapest and the best property to rehab. If you don’t know how to make an initial contact with the bank or lender, a realtor can also help you with such a task.

With the help of a realtor, you can now go house hunting. Bear in mind that there are lots of REOs available in a particular area, which is why you need to check out as many properties as possible to ensure that you’ll make the most of your purchase. After you’ve chosen the house that meets your criteria, you should head to the bank with the realtor in tow and express your intent to buy the property.

Another important pointer to remember: never buy an REO without giving it a thorough check-up. Who knows, certain problems might be lurking behind its walls and you’ll get to find them out only when you have already purchased the property. Once the inspection is complete, close the deal with the bank, ASAP.

Buying a bank owned house is indeed a great way to minimize expenses and maximize profits when rehabbing homes. To learn more about these great properties, visit www.REIWired.com.

The Perks of Hiring a “Homegrown” Real Estate Mentor

One of perks of having a real estate mentor by your side is that you’ll never get bored with the real estate investing business. A mentor can provide you with companionship and you’ll feel safe and secure knowing that you won’t be alone when the going gets tough. As people used to say, doing something nice feels better when you do it with a trusted friend or companion.

Choosing a trusted companion when investing in real estate, however, is not really that easy. With the growing number of veteran real estate investors who wish to earn extra income by mentoring greenhorns, it is quite difficult to find the perfect coach who will cater to your learning needs. In addition, there are phony real estate gurus who take advantage of the inexperience of beginners by ripping them off.

If you’re considering hiring a real estate coach, one of the best ways to ensure that you’ll get the quality of education that you deserve is “to go local.” Here are the reasons why you should hire a locally based real estate mentor instead of spending thousands of dollars on a big-time coach:

1. If you want to focus on your real estate investing business in your own “backyard” rather than buying investment properties in other cities or states, a locally based mentor can help you in this regard. A “homegrown” coach knows the local real estate market well and he or she can provide you with insider tips and other valuable information.

2. A locally based mentor is also the best person to ask regarding the real estate laws in your city or state. Such a mentor is extremely handy, especially when you want to try an unconventional real estate investing method but don’t want to run into trouble with the authorities.

3. You can sleep soundly at night knowing that you can meet your mentor anytime of the day. For some real estate investors, having the knowledge that their coaches are living just a few blocks away gives their self-confidence a boost.

4. A locally based mentor can help you build your real estate investing team. He can give you recommendations on which contractors to hire or hints and tips on where the find the best local hard money lender.

But before you pick a locally based real estate mentor, see to it that you have conducted a research on his or her background. Be sure that the coach you’re going to hire is indeed capable of helping you become one of the best investors in your city.

Do want to know what it feels like to be mentored by some of the best real estate gurus in the country? Then visit www.REIWired.com.

Real Estate Investing Tips on Buying Bank Owned Homes for Profit

Dreaming of building a great real estate empire? Well, you’ve come to the right place because this article will give you an insight into one of the best ways to build wealth in the real estate investing business – by investing in bank owned homes.

Bank owned homes, or real estate owned houses (REOS), are considered some of the hottest investment properties in the real estate market today. In fact, they are extremely popular among real estate investors and conventional homebuyers because of their affordable prices. So if you want to buy these hot properties, here are some real estate investing tips to help you get started:

1. Check out as many REOs as you can. Don’t limit your choice to a single bank owned property. As much as possible, check out all the available real estate owned houses in the area you want to invest in so you can have more properties to choose from. Always remember that more choices mean more opportunities to make money in real estate.


2. Determine comparable sales and the history of the property. Once you have singled out the REO that you want to buy, perform due diligence. You might have probably heard this a million times but studying the comps and the property’s history will help you determine the market value of the REO in question, as well as give you an idea on what your initial offer to the bank that owns the property would be.


3. Inspect the house. One of the most important real estate investing tips on buying bank owned homes that you should remember is never sign a deed of sale without giving the property a thorough inspection. As we all know, many bank owned homes are in a state of disrepair as their previous owners were unable to maintain them because of financial difficulties. By inspecting the house, you’ll get an idea on how much the cost of repairs would be, which you can use to support your opening bid to the bank.


4. Don’t be afraid to negotiate. Although banks will tell you upfront that prices of real estate owned houses are non-negotiable, there is no harm in trying to negotiate for a lower price. Who knows, they might consider your request if you ask nicely.

If done correctly, buying bank owned homes can provide you with great investment opportunities. For more real estate investing tips on buying, selling, and rehabbing REOs, log on to www.REIWired.com.

Real Estate Coaching: Separating Wannabe Gurus from Good Mentors

Even though teachers can be a pill at times, you cannot deny the fact that you are indebted to these people. If not for them, you wouldn’t be able to get where you’re at right now. Because of the tons of homework and projects that they made you do while you were still in school, you learned how to better manage your time and deal with stress.

For real estate investors who refuse to get real estate coaching because they feel that a mentor may cramp their style or become more of a burden to them, sorry to say this but you’re going to miss a lot on your real estate investing career. Like a school teacher to his student, a real estate mentor can help you grow and become a better investor. And most of all, a coach can steer you to the right direction and significantly reduce your learning curve.

However, with the booming real estate investing industry come wannabe real estate gurus who want to make money off the inexperience of newbie investors. That being said, you have to exercise extreme caution when looking for someone who can guide you to the right direction and help you reach for the stars.

Listed below are some nifty hints and tips on how to separate fake gurus from certified mentors who can provide you the best real estate coaching services.

1. A certified real estate mentor is someone who actively invests in properties. He (or she) also uses the strategies that he is teaching to his students to make money in real estate. If you’re going to hire a coach, see to it that he does all these things and more.

2. Ditch your mentor if he tells you that he cares for your future but won’t follow up on his words. A good real estate coach is supposed to show you that he cares through his actions and not his words. If your mentor doesn’t do anything except from giving you lip service and make promises that he can’t keep, then you’re probably working with a wannabe real estate guru.

3. A fake real estate mentor constantly put his students down to make him look good. A good coach, on the other hand, inspires and motivates his students to do their best and to keep on trying even if the odds are playing against them. So if you’re going to hire a mentor, which one are you going to choose? The second one, of course.

Receiving a real estate coaching service from a mentor can make significant contributions to your career. However, you’ve got to choose the right person for the job. If you want to have an idea who that person might be, visit www.REIWired.com.

Use Your Retirement Money

You can make money in real estate today using your IRA, or Individual Retirement Account. Veteran real estate investor Jim Hitt will enumerate the numerous ways you can use your retirement money to earn profit investing in real estate in today's market.

Visit REI Wired's Youtube channel for more real estate videos to choose from.

Back-to-Back Closing On Short Sales

Hunter Paschallexplains in this video how to properly conduct a back-to-back closing when doing a short sale. He will discuss how to use a title company and give you ideas on how much you should pay for documentation stamps.


Visit REI Wired's Youtube channel for more real estate videos to choose from.

Motivated Buyer + Seller = Big Bucks

Discover how you can make money pour into your bank account as seasoned real estate entrepreneur Omar Johnson discusses what every investor should know about when buying and selling investment properties.


Visit REI Wired's Youtube channel for more real estate videos to choose from.

Manage Leads Effectively

Judson Voss teams up with his wife, Lynn, in this highly entertaining and informative video to shed light on one of the most important aspects of investing in real estate finding deals.

Visit REI Wired's Youtube channel for more real estate videos to choose from.