Aug 31st

How You Can Profit from Orlando Real Estate

By Christy

Why I choose to invest in Orlando investment properties:

If you live in an area like I do, where property prices are high, but rents are fairly comparable to rents in other large metros, you’ve probably been wondering how you can get into this gold-mine you keep hearing about on the news… where property prices are so low.  I wondered too.  So I checked out a few areas around the country that had been much more depressed than my home area…  areas like Nevada, Arizona, California and Florida.  Because, after all, I want to buy in areas that were hot and will be hot again; but that have had significant price drops that I can use to my advantage.

Here’s what I found. 

1.       Nevada’s major draw is legalized sin, basically – gambling and prostitution.  It’s not really an area where I would be comfortable owning rental properties.  After all, who is my renter going to be?  An empty eyed gambling addict pulling at the handle of the slot machine hoping for the “big one?”  Thanks, but no thanks.

2.       California’s prices are still crazy high compared to rents.  Even the bad areas are still expensive.  And the state itself is on the verge of bankruptcy.  While it is an attractive area, I found too many fundamental problems for my risk tolerance. 

3.       Arizona is a little too controversial right now with all the protests against their immigration law.  And it was so overbuilt that there is an awful lot of inventory to clear out – a lot more inventory than there is population.  I found that population there is dropping, which means that the rental markets there will be slower. 

4.       In Florida, I found that it was overbuilt in certain areas, but that population is increasing, even amongst young 20somethings, who are a perfect group for renters.  I found that although Florida has a high unemployment rate, companies are hiring there again.  Disney is putting a brand new billion dollar project in place in Orlando.

So, I thought, now that I have it narrowed down to Orlando, how do I buy properties there safely?  How do I know that these properties aren’t filled with mold, Chinese drywall, termites…. Or that the people selling them even own them?  If I don’t have eyes on the ground, how do I protect myself from scam artists?  Luckily, I know some people who happen to be investing in the Orlando area.  I researched them and by the time I was done, I was so impressed that I decided to become a Director in the company. 

Investors Alliance Asset Management Group, a division of HIS Real Estate Network, was formed specifically to take advantage of the phenomenal opportunities available in Orlando today, and to share these opportunities with other investors.  We started with $5,000,000 to purchase properties directly from banks – and we purchase the properties in bulk.  Our acquisition manager picks specific subdivisions that have fabulous amenities; subdivisions where you would like to live.  While that is not often a criteria for rental properties, I like it that I can get affordable properties in very nice areas.  After our acquisition manager purchases the properties, our construction crews get to work.  They fix up each property to like-new condition.  Once the properties are in excellent condition, we assign them to an expert property management company and they get the properties leased.  Then, and only then, we offer select properties to our VIP buyers list.

Let me give you some real-life numbers so you can see for yourself what we are talking about:

One condo in a gated, resort-like community has 3 bedrooms and 2 bathrooms.  It’s approximately 1260 square feet.  In 2006, this condo sold for $432,000 – so yes, it has granite countertops, crown molding, etc.  It’s a NICE place.  It would cost $150,000 to rebuild and the current tax appraisal is $125,000.  So, we bought the condo for about 10% of what it sold for in 2006, fixed it up, rented it out at $850 a month and sold it for $59,900.  It’s cash-flowing for the investor from the day of closing.  Now, we recommend that investors hold on to these properties for at least 3 to 5 years to take advantage of market recovery.  And when a property is cash-flowing, how many properties can you afford to hold on to indefinitely?  That’s right!  As many as you can grab.

To find out more about our investments, check my website at www.christinamellott.com.  On it, you will get immediate access to a free report about the Orlando Market.  I would also like to invite you to an upcoming live 2 day training event and property bus tour!  The first day, we will teach you how we manage our business and the second day, we will take you on a bus tour of our available properties, so you can meet us and see for yourself that we are the real deal.

I’d love to meet you in Orlando – come check us out.

Christy Mellott

Executive Director, Investors Alliance Asset Management Group

Aug 20th

Sanctuary Belize is the Perfect Piece of Tropical Paradise

By sanctuarybelize
slide-16.jpg This is one of the breath taking sight in Belize. Stop dreaming about the paradise and start living it. If you are looking for Belize retirement or just want to invest here, Sanctuary Belize is the best place for you to go. No other community offers such abundant natural beauty, modern amenities, and return potential - for so little investment. Ideally located in Southern Belize's lush Stann Creek Districk, unrivaled in its unspoiled beauty, Sanctuary Belize is more than a perfect piece of tropical paradise. It's a rare opportunity to own an extraordinary home site, custom home or condominium in one of the world's best belize real estate market values. Ranging from under one acre to over four, lots are available in a wide selection of exceptional locations - close to the beach, rivers, rainforest, waterfalls and about as far from ordinary as you can get.
Aug 19th

Own Investment Property without Dealing with Tenants or Toilets

By King of The City, Residential and Commercial Investor

How can you own investment property without dealing with tenants or toilets?

 

1.        Are you scared of being a landlord?  - In the real estate investing world it can be daunting, especially for new investors, to become a landlord.  Your brain starts hitting you with questions from every angle, trying to talk you out of what should be a great investing experience.  Questions like:  How much should I pay for the property?  How do I find a good tenant?  How much should I charge for rent?  What if I end up losing money every month?  What if I’m not available to make the repairs necessary to keep the tenant happy and my property well maintained?

 

2.       Is being a landlord a huge pain and more work than it’s really worth? – Many  inexperienced investors think that owning an investment property is all glitz and glamour, collecting passive income every month while you sit by the pool.  Soon after they buy their first properties , however, they get a dose of reality.  The tenants they’ve pre-screened are now becoming a nuisance, turning their hair gray with phone calls at 9pm about water pipes bursting, trees falling on the roof, the toilet leaking, and the dogs eating the charming wood trim that they just had painted.  Many people don’t count in the ‘human factor’ when purchasing an investment property.

 

 

3.       A Professional Property Management Company is your BEST friend (and business partner) – If you’re a smart investor (and you are), you will hire a professional property management company to take care of everything for you.  Eliminating ALL your headaches while reaping the rewards of your passive monthly income or cash flow.  The tenant calls them when they have a problem, NOT YOU.  This creates a totally turnkey, passive way of real estate investing.

 

4.       Proven Process for getting Good Tenants – With a good property management company you don’t have to worry about finding and keeping good tenants.  You want to choose a company that has a proven track record for finding quality tenants that will bring you stable passive monthly income for years to come. 

 

 

5.       THEY deal with any tenant or building issues – Do you get it yet?  THEY do ALL the work.  No more late night calls, no more putting that ‘for rent’ sign out in the yard, no more evictions, no more screenings/applications, no more hiring a handyman to fix ANYTHING.  A Professional Property Management Company will do all of that for you because that’s ALL they do.

 

6.       You get income and a monthly report on your properties – If you want to build a truly passive portfolio of income producing properties, you only have ONE choice.  That’s right, property management.  Have I hit this one home yet?  Not only do you get monthly income right to your mailbox or bank account, but you also get a detailed monthly report on all of your properties so you can track EVERYTHING.  What easier than that?  Put your money to work for you.

 

Want to know how you can buy turn key, cash flowing rental properties in Orlando for
fixer-upper prices from an experienced team of investors who have done over
$500,000,000 worth of business? 

Visit http://www.RealOrlandoDeals.com

Or call Adam direct at 502-509-5061

As a Special bonus, get 2 FREE tickets (a $997 value) to an upcoming 2 day training event on residential REO and commercial distressed asset investing.  Where you can have an Exclusive opportunity to purchase turnkey "done for you" discounted REO rental properties our team has bought, fixed up and put a tenant in for you.

 

-Adam Walker

Executive Director, Investor Alliance Asset Management Group

Millionaire in Training, http://www.MMMChallenge.com

Aug 16th

Turn Key Investing and Why YOU Want It

By King of The City, Residential and Commercial Investor

Top 5 reasons you want a Turn Key Investment

 

1.        Cash Flow from Day  1 – Today’s Savvy Investors know that cash is king.  If your property isn’t cash flowing, then it’s a burden on you, your family and your portfolio.  If you buy a Turn Key Investment property right, it should be cash flowing from the second you close.  Which means  2 things:  A) Buying at the right price is crucial and B) The number most important to you is the difference between your rental income and the debt on the property.  This is your passive income.  Your money working for you.

 

2.       You don’t have to worry about finding contractors – What if you buy a property out of state that needs work?  Are you going to drive hours on end each way to find and hire contractors to fix the property?  Heck no you’re not.   Turn Key Investment strategies take care of this for you by locating reputable contractors that will finish the work needed in a timely and professional manner without you lifting a finger.

 

 

3.       You don’t have to worry about managing contractors – Managing a worksite can be one of the most stressful experiences of your life.  From contractors and sub-contractors  to day laborers and material deliveries, it can be a real hassle to take care of everything and manage your workers by yourself.  If you don’t want to start growing gray hairs just yet, Turn Key Investing is for you.

 

4.       You don’t have to worry about finding a renter up front – You can’t have cash flow without a renter.  Finding someone who will pay on time every month with a smile can be harder than you think.  Especially if your property is out of town.  How are you going to find that qualified renter?  A ‘For Rent’ sign and one local ad just won’t cut it for a serious investor.  With a Turn Key Investment,  your renter is already in place and paying you every month.  How easy is that?

 

 

5.       You don’t have to worry about finding an excellent property management firm – Ok, so you’ve bought, renovated, and rented the property.  Now what?  You’ve got to maintain your investment to not only keep your renter happy but also to maintain and increase your property value.   There’s no sense in buying a property if you don’t plan on maintaining it.  This can prove to be time consuming and down right annoying, especially if you have your own residence to take care of or are out of state.  No investor wants to deal with tenants or toilets.  This is why Turn Key Investing is so appealing to smart investors.  You don’t have to worry about finding a great property management company to take care of everything.  It’s already set up for you.  All you have to do is open your mail box and collect your check every month.  Sound good to you?

 

-Adam Walker

Executive Director

Investor Alliance Asset Management Group

502-509-5061

Millionaire in Training, www.MMMChallenge.com


Ask me how you can buy Turn Key, Cash Flowing rental properties in Orlando for fixer-upper prices from an experienced team of investors who have done over $500,000,000 worth of business.

 

http://www.RealOrlandoDeals.com

http://www.TheKingofTheCity.com
Aug 14th

Top 5 Reasons to Buy REO Properties

By Christy

Today, I'd like to talk to you about the top 5 reasons to buy REOs, as opposed to foreclosures or properties directly from homeowners.  First, let me explain to you what an REO is.  REO means Real Estate Owned and it is real estate that is owned by banks.  It's generally been taken from the previous homeowner in foreclosure.

1.  REO properties are free and clear.  They have no other liens against them.  For instance all the taxes have been paid, any mechanics liens or 2nd or 3rd mortgages have been paid.  If you are working on a property that is in the foreclosure process, there could still be many other liens on it.  There certainly could be 2nd mortgages, mechanics liens, tax liens or any number of other problems that you will have to deal with as an investor.  Savvy investors know to always check the title BEFORE you buy a property.  The same could be said for properties owned by individuals -- unless you have a title company who can check title for you, you could be in a world of hurt when surprises, like other owners for example, come up.  When the property is already owned by the bank, there are no other owners -- it's just the bank.
2.  Banks are motivated sellers.  Banks are not allowed to own properties and the more they own, the more trouble they are in.  They need to get rid of these properties and get rid of them at reasonable prices.  Though if you are only buying one at a time, you might disagree with that as banks are also trying to recover as much of the property value as they can.  However, if you can buy several REOs from a bank, you can get them for much less.  Also, the bank has already spent a fortune on the foreclosure and they now have carrying costs for any property on their books.  The more properties they have, the more trouble they get in with regulators, and with their shareholders.  It's very good for banks to get rid of REO properties. 
3.  You don't have to go through a long process like you do if you are trying to get a bank to agree to a short sale.  You don't have to get all of a seller's personal information and constantly submit fresh paperwork to banks or work with seemingly unmotivated loss mitigation representatives.  While short sales can be very lucrative, and I believe in helping homeowners to avoid foreclosure so it is worth it to do short sales, if you can buy a property that a bank already owns, it's a simpler process.
4.  Properties are ready to be yours right away.  REOs are generally vacant.  Any tenant has been evicted or the homeowner has already moved out.  Unless you have a squatter, you don't have to deal with evicting a tenant or with angry homeowners destroying a house before you are able to buy it.  What you see is what you get -- you will already know if the house is destroyed when you make your offer.
5.  You get clean title with an REO property.  The bank is the owner as soon as the foreclosure process is completed.  There is no question about who owns the house and you won't magically have 5 other heirs show up on title making it impossible to purchase the property -- which is something that happened to a fellow investor and friend of mine.

I hope you learned something from this and look forward to speaking with you soon.

Christy Mellott
www.christinamellott.com <- go here to get a free report on investing in the Orlando Market (yes -- in fixed-up REOs) and 2 free tickets to a Real Deal Commercial Investing training and bus tour that normally sells for $997
Aug 12th

Don't gamble with your future! Set up your own Self Directed IRA

By Rick Melero, Commercial Investor, Real Estate Mentor, Member of HIS Board of Advisor

fish fish.jpg

You won’t believe the number of our clients that have transferred their 401k or IRA into a Self Directed IRA. In fact, since the year 2000, the number of self-directed IRA plans has more than doubled. Why? Because Self Directed IRA’s allow ordinary investors to take control of their investments. People are tired of watching their nest eggs disappear due to mismanagement, corporate fraud, stock crashes etc.

Investors want to own hard assets that generate income every month with long term stability. Imagine purchasing a tangible real estate asset in a tax deferred or tax free environment. With the incredible real estate buyer’s market in both commercial and residential, many investors are doing just that. Have you made the leap yet?

If not, here are some benefits that I hope will challenge you to take control of your retirement funds.

1.A self directed IRA allows you to have complete control over your Individual Retirement Account funds.

2.Limited custodial Fees! When you take control of your retirement accounts you also lower the costs associated with managing those funds. The less you pay out, the bigger the ROI.

3.They offer great investment options. Since most traditional IRAs only permit investment options in approved stocks, bonds, mutual funds, and CDs. This type of IRA allows, in addition to the following investment types, real estate, notes, tax lien certificates and private placements.

 4.You can put your money to work with our complete turnkey commercial and residential investing operation. You can now grow your Self Directed IRA with both equity growth and a safe steady stream of income.

So if you have not done so already, what are you waiting for? Contact our office and we will refer you to some of the top Self Directed IRA companies that we work with. It is time to take control of your retirement funds and safely investment in cash flowing tangible assets. Don't gamble with your future! 

Rick Melero

(407) 490-2447

www.RealDealCommunity.com

Aug 3rd

5 More Steps to Successful Commercial Investing

By Gary Tharp
Taking Action
10. Learn something new. There is plenty of training out there. Take advantage of what’s available.
11. As you drive your trade area, give yourself a pep talk. Keep yourself pumped up.
12. There will be days when you think that no opportunities are available in your neighborhood. If that’s true, you need to build some.
13. Phone a friend. Perhaps they’ll laugh at you or give you some negative feedback - but phone them anyway.
14. Make yourself accountable for your actions by writing an activity report at the end of every day. It will make a huge difference for you. It takes 21 days to create helpful habits and mould them into your daily activity. Before you go to bed, sit down for five minutes, and write what you did today that shows how you progressed toward your goal.
Journaling is a good motivator. If you have nothing to write down for a couple days, pretty soon you’ll start kicking yourself. You’ll be determined not to have another day of nothing, and vow to make something happen that very next day.
15. Talk to ten businesses that are not currently listed for sale, about buying their building. That represents ten opportunities!
A Matter of Perspective
This shoe company wants to expand into Africa. They hire a salesman and send him over to Africa to sell shoes.
When he gets there, he calls back to his head office and says, “Hey, Boss. You’ve got to bring me home, now.”
Then he says, “You can’t sell shoes here. Nobody wears shoes. This is never going to work.” So they bring him home.
However, they are not convinced that Africa isn’t a workable opportunity. So, they hire another shoe salesman and send him over to Africa.
The very next day, they get a Voice Mail message from him. “Hello, Boss. This is Harry.  Send me all the shoes you got, man. Nobody wears shoes here. We’re going to make a fortune!”
The difference between these two salesmen is perspective.
Aug 1st

Tips and Tricks for Real Estate Investors Using Craigslist

By Danny Welsh, CMO of HIS, Greatest Real Estate Giveaway Director

I want to share some tips and tricks for using Craigslist with you, because most people use Craigslist all wrong. I have been guilty of this myself. In fact, I tried to use Craigslist to market a nationwide business in all 50 states. I tried using software that was supposed to do it for you, but I haven’t found one that works. 

One of my best tips and tricks for using Craigslist is to outsource the work to someone else in another country that already specializes in Craigslist, so that you don’t have to train them to do it.  They’re very inexpensive and will work for as little as $0.15 a post. It’s probably the most effective way to market a nationwide business on Craigslist. It’s certainly not doing the posting yourself. It’s not using the software. If there’s software out there that works, feel free to send it to me. I’m sure I could probably help you sell a few units, and I’d probably use it myself. I’ve tried all of them, and none of them works. 

The people that you end up outsourcing the work to should know all the tips and tricks for using Craigslist along with how to get around all of their little rules and regulations.  Trust me, Craigslist has quite a few of them, and they will shut your account down very quickly if you do something to break a rule that you didn’t even know existed.

In your local area, there are very few ways of marketing yourself consistently for free and getting in front of people who are looking for your product, service, or solution.  If you sell cars in your local market, you should use Craigslist every day of every week. If you sell mortgages, you should use Craigslist. If you have houses that you’re putting out there to sell on a wholesale basis, to rehab or to landlords, you should use Craigslist every day or have somebody do it for you.  It’s free and easy to use, so everybody in your market thinks that it’s the greatest thing since sliced bread.

Here’s another one of my tips and tricks for using Craigslist.  Did you know that if you use the right keywords, you can get your Craigslist ad to show up in search engines like Google for 45 days or so?  This can even work for certain phrases that you couldn’t get your own website to rank on the first page of search engines for. 

Why is that? Google thinks that Craigslist is more important than your website because it gets a lot more traffic than your website. Because of this your ad on Craigslist is more likely to show up in the search engine results than that exact same phrase used in a headline or an ad on your own website.  However, if your website gets found by someone clicking through from a Craigslist ad and they end up on your buyers list website, squeeze page, re-direct to a post-lit flyer of a house your selling, or whatever, then did you not just get your website listed on the first page? Sure you did, and that’s what makes this one of the most valuable tips and tricks for using Craigslist.