Antonia Martinez needed money quickly. She had only a few days to come up with back rent or risk eviction. Martinez decided to put her holistic studies to the test. "I had been training back then with a spiritual teacher. We had been working on a technique for focusing and harnessing power to help bring the object of thought into manifestation."
Instead of concentrating on the $1600 she needed, Martinez focused her energy on keeping her New York City apartment. She says she did not worry about how or when she would get the cash. Four days later, odd jobs presented themselves and she was able to accumulate enough funds to pay off the menacing landlord.
Martinez, now a doctoral student in metaphysical science, says she was not surprised by her fortunate outcome. In addition to being a scholar, she is a practicing spiritual counselor and founder of HealingSpirit.com (http://www.healingspirit.com), a website that aides people in their spiritual growth, so she knows firsthand the power individuals have in attracting prosperity.
People from many religions -- from evangelical Christians to New Age followers -- believe money is a spiritual force that can be obtained by all who properly seek it. Therefore, many believe that the road to prosperity must traveled in a spiritual manner.
"Money is a medium for the exchange or transformation of energy." Martinez says and adds, "It’s not the source of spiritual, creative power nor is it the ultimate goal." She explains this by saying that most of the time people don’t really desire money, better yet, they wish to attain a lifestyle that they think only money can buy.
Just as magnets attract steel, so too can thoughts lure riches.
In the classic self-improvement manual Think and Grow Rich, Napoleon Hill wrote: "…the subconscious mind will translate into its physical equivalent a thought impulse or a negative or destructive nature just as readily as it will act upon thought impulses of a positive constructive nature."
Essentially, what dynamic thinkers realize is that every individual has the ability to control the distribution of wealth from within. To explain this in a non-spiritual way one must only study the laws of physics: For every action there is an equal and opposite reaction. This vital law of gravity also applies to mental thoughts.
Just as the Bible states that one reaps what they sow (Galatians 6:7), a person can cultivate riches with positive thoughts and actions. The following are spiritual methods a person can use to increase their income and have a more abundant life. Use one or all of these techniques to attract prosperity.
Prayer
Want to finally pay that credit card debt off or replace that old clunker with a brand new car? There is a simple yet effective way to make financial goals materialize: Just ask! It is not selfish or wrong to ask God for monetary blessings, if the money will be used for a good purpose. "Abundance is the natural state of the universe," Martinez says and adds, "It is not wealth that is ungodly, it is selfishness."
Visualization
Imagination is the key to success. If one can imagine themselves being successful, they are already on their way to the top. Martinez advises people not to worry so much about attracting money, it’s more important to focus on creating what one hopes to experience by having money. Martinez says visualizing is important "because it helps you establish clearly in your mind the reality you are trying to create."
Positive Action ( Act As If )
Don’t wait to be a millionaire to give to a favorite charity, do it now! Positive action or acting as if is a very important process in realizing one’s financial goals. By acting as if one has already received their wishes, one is demonstrating faith. "If you act it out, even the smallest part of it, you embody it," Martinez reveals, "If you embody it, you can manifest it." So next time bills are delivered, don’t wait till the last minute to pay them. Write checks happily and confidently, know that money is in abundance.
Affirmation
Inspirational author Shakti Gawain writes that affirmations are one of the most important elements of creating the reality one desires. Most people aren’t aware of the words and ideas that run through their minds, but Gawain writes that those stream of thoughts are "the basis for which we form our experience of reality." By affirming we "make firm" what we say. It is therefore vital to declare positive words about the existence we wish to create. Concentrate on one affirmation daily and repeat it often.
Examples:
"I am being blessed with prosperity now."
"God provides me with everything I need."
"I am growing more financially prosperous daily."
"The universe is abundant, and I shall have what I need and desire."
# # #

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 Approaching wealthy people as potential investors for your real estate business takes some thought and planning.  You don’t want to come off as a “pushy salesman” or someone that only care about people because they have money. You also don’t want to break any regulations or securities laws and I’ll tell you flat that in that area you need specialized advice (and it ain’t me, because I’m a marketing consultant not an attorney).  

 Approaching wealthy people and presenting your investment opportunity to them legally is kind of like, if you were a guy who was attempting to attract women into your life.  You wouldn’t want to just walk up to attractive women (our comparison in this analogy to wealthy potential investors) and say, “I’d like to sleep with you, what do you say?” Likewise, you don’t want to go to rich people and say “Give me 100,000 dollars to invest for you, cool daddio?” Would you get a one in a couple hundred response? Sure. You probably could. How do I know that? That’s neither here nor there. However, what you can do is much better than that, and you will have a much higher percentage of people responding to you favorably-- not beginning to walk the other way when they see you coming down the hall.  

Please remember that I’m a marketing consultant. I’m not here to give you all the legal pieces because I don’t know them. Other people do that for my own businesses, and I’m very thankful that they keep our activities on the right side of the law and out of the ignorant masses who try to do this and oftentimes, break the law without even knowing they’re doing it.  Again, this is marketing advice not legal advice.  

That being said, the first thing I would do when approaching wealthy people as potential investors for a real estate business would be to have several elevator pitches already designed and in mind for the types of people that you’re likely to run into.

Secondly, you’d want to tailor your conversations toward the individual each time.   If you have a previous relationship with them, if you’ve already talked to them, if you’ve already bumped into them, if you’ve exchanged chit chat with them about their job, keep a file on particulars and information you know about them. It’s not Machiavellian; it’s smart marketing and salesmanship to know these things.  

If these are people that can put $100,000 into your pocket or into one of your deals, would it not make sense to know:

• their childrens’ names,
• where they live,
• what type of hobby they have,
• that they’re interested in fishing,
• that they are a University of Georgia fan,
• that they grew up in Harlem and now they’re proud of the fact that they’re a first-generation white-collar worker.

 Or anything similar? Sure it would.                             

   These things are important to know about people that you want to approach and ask for money, because they are important things you want to know about ANYONE you’re looking to connect with at a higher level in your business (or even in making friends for that matter).

 What is it that they do for a living? Are they a CPA? Are you going to appeal to the CPA the same way that you would a doctor? No. So you gotta know those things.

Third, find people who are used to dealing with that kind of person already. For example, let’s say you come across doctors and you want to know how to talk to them about your investment opportunity. Would it not make sense to talk to several pharmaceutical salesmen who do that for a living? It just so happens that I know of at least four people who already do that, and chances are you do too. I’m sure they could give you wealth of tips about how to approach doctors.  Same goes for whatever kind of wealthy person you want to approach—find someone else in your sphere of influence that deals with people like that in the course of their every day life (usually not for real estate purposes, or they might be a competitor!) and pick their brain about how to talk to the kinds of people they know well.

   They might not have approached those same doctors to get them to invest in a project, but they’ve talked to them regularly. They know how their existing approach works.  They know how to fly in under the radar. They’re able to work with those people, or they’d end up getting kicked out of that business because to extend our doctor and pharmaceutical sales rep metaphor, pharmaceutical sales is a very unrewarding business if you don’t have the ability and the assertiveness to take control of a conversation with a busy doctor who has lives on the line and you’re taking up his time to try to sell him a widget. 

I mean, timid salespeople have skinny kids, ya dig?!

   But to continue our line of reasoning with doctors as an example group of wealthy people and pharmaceutical sales reps as people who make a living talking to and selling to that market, you will see that these guys and gals who sell to doctors are sharp and have very good conversational skills. They know what works and what doesn’t with doctors. It’s the same with CPAs. CPAs are a certain type of breed. We all know we don’t like being stereotyped, but we still all do it. If you all want to learn more about that, one of my favorite books is Marketing Influence: Science and Practice, by Robert Cialdini. I tell everybody about that book. It’s great. It tells you all about human influence, how to find what motivates people, what people are interested in, and the principles of influence causing people to make one decision over another.  

While no one likes being stereotyped, it can be helpful at times. You don’t want to price people out of your information, your market or whatever it is and say because that person is this or that they wouldn’t be interested in it. You could talk to people who sell cars, for example, and they’ll tell you that if a black person walks in, they aren’t going to buy a car. Then, there are others who will tell you, if a Jewish person comes in, they’re not going to pay full retail for a car. Or, if an Italian person comes in, they’re only interested in being macho and having a big red convertible car. If that type of person walks in and they don’t have that type of car in inventory, or they don’t like dealing with people who won’t pay full retail, or they think that they’re broke, they won’t even try to sell them a car. 

   Yet, those people have proven just by walking into the car dealership that they’re interested in buying a car. What if that same car salesperson had somebody walk in who was Black, Jewish, Italian, and a woman who smoked cigars?  How would he sell to that person? Think about it.  Someone could be in all of those groups, which means most of those stereotypes wouldn’t hold true, so don’t get too caught up in stereotypes, but use them to find out what people have in common.  

Let’s get back to the subject at hand: approaching wealthy people as potential investors for your real estate business. As I was saying earlier, it’s important to have a number of different elevator pitches already prepared to give to these people who you just bump into. You have a quick chit-chat.  Keep things very low key, and then say something like, “Oh, by the way, I don’t know if I ever told you this but…” It’s not a sales pitch. It’s simply throwing out a net and seeing if they step into it. This is the best way to fish.  

I really don’t have the patience for fishing, but if I did, I would look for a way that I could throw a net out and just let the fish hop into it because they wanted to.  Do this for your doctor, your CPA, your attorney, and the affluent professional that you run into in the building where you work, where you’re going, where you spend time, or at a conference. Keep it low-key. Let them step into your marketing net, if you will, and then give them more information. You don’t want to overload them with too much. 

A good example elevator pitch you can use for approaching wealthy people as potential investors in your real estate business might be something like this: “By the way, I don’t know if you ever knew this or not, Dr. Smith, but I work with a number of affluent individuals, both myself and through investor groups, some of whom have seen the intelligence of placing money in secure projects that are backed by real estate, receiving a very healthy and generous return that currently outperforms what you’re probably already getting on your existing savings or retirement accounts.” 

I have used something similar to that for years, and it works for me and for my personality.

 Your job is to create what works for you and your personality, but those are the points that you want to hit: others have seen the intelligence of doing this– that’s social proof– safe, secure, and backed by real estate.  

You may ask why say “Healthy and generous return” and that’s a legal question. Do you want to give it a number? In my experience, no not at first you don’t want to talk percentages. Not unless you want to go to jail. You’ll give that later—after you’ve established a relationship with these people. Remember, my advice is not legal advice; it’s marketing advice. You’re having a conversation with somebody you bumped into in the café of where you work or in an elevator. You want to let them know that it’s safe and secure, backed by real estate—healthy and generous return that outperforms what they’re currently getting in their savings or retirement accounts.  That’s all you need to say, and let them tell you if they want to learn more. Then and only then can you qualify them per appropriate legal regulations and then share with them more particulars and specifics about returns they can  expect as one of your private investors or lenders for your real estate business.

   I like saying “others have seen the intelligence of doing so” in a situation like this because everyone (especially those with large egos) wants to be seen as and to feel ‘intelligent’. It’s a loaded word that in our culture is highly priced—even by dumb people. I mean think about it, how is it that in blind surveys over 80 percent of respondents consider themselves “Above average” when presented with a range of options with regards to their intelligence? I mean, just 3^rd grade math tells us that 80% of people CANNOT be ‘average’ yet again and again people’s perception (or secret hope) about themselves is that they are ‘smarter than the average bear’ as Yogi would say.

You’re hitting that social proof button also when you say something like “others have seen the intelligence of investing”.

Here’s one last thing that you want to throw in there that I like to call the upper-cut. You may not have a project right now to put them into but you still have your feelers out looking to raise money for your real estate business. You may not have a property right now that you’re raising money for, but you want to be able to get them to identify themselves if they’d be interested in that, so that you can follow up with them later. 

   By the way, these are not people that you send a whole bunch of emails or whatever. These are important people who raised their hands and said I’ve got the ability to give you $100,000 or $500,000. You follow up with them one-on-one because they deserve it. Not that everybody doesn’t deserve it, but we’re talking about leveraging your time. If you’re like me and you’ve got 25,000 or more people on your buyers list, you might only find 80 people who are willing and able to give you $100,000 or $500,000 and those people should hear from you regularly, whether you have a project to put them into or not. That doesn’t mean the rest of the tens of thousands are unimportant, it just means you have to prioritize your time if you are looking to approach wealthy people as potential investors in your real estate proejects.

   That being said, the next thing that you want to do is let them know, “Sometimes I have a project that’s available for investing. Other times, I’m completely oversubscribed, meaning other people invested. However, I’d like to have your permission, Dr. Smith, to keep you in mind for the opportunity to invest with me when I come across things that meet your criteria. Is that okay?” 

   It’s very simple. That whole conversation can be had in less than 2-3 minutes and touch on each of those terms I mentioned. That’s why those things are called elevator speeches. You’re between levels 14 and level 1 heading down in the lobby, they’re getting ready to go to the pool, you’re getting ready to go to lunch, whatever; you just had a 60-second to 180-second quick conversation.  

   You threw the net out, and they jumped in and said “Yes. I do have some funds that I think I could probably get some better returns on. How to I find out more?” Bam! You exchange cards with them and say “I’ll follow up with you Dr. Smith, Dr. John, CPA Tony”, or whoever it is. 

 And that is how simple approaching wealthy people as potential investors for your real estate business can be.

Recommended Tools for Beginner Real Estate Investors

I’m often asked for a list of recommended tools for Beginner Real Estate Investors. The list I’m about to give you works in all different industries. It doesn't matter if you're working with foreclosure sellers or whether you're working with potential private investors for a commercial real estate deal you're putting together.

The first tool I recommend is a credibility kit. It could be a website, brochures, collateral and business cards. Whatever it is, it should be consistent. It should show people you are who you say you are, can do what you say you can do, and let them know what you do, what solutions you provide and why they should work with you. It's very simple. 

 

Next, and a lot of people disagree with this, but I think you should have a dedicated phone. I think, at the very least, you should have a dedicated phone line. It can come into your cell phone number, but it should be a dedicated phone line. 

 

Next on my list of recommended tools for beginner real estate investors is a tickler file.  This is a way to track your pinging and your follow up if not automated. For example, you talk to a seller who is interested in selling but not yet over the hump of selling at the terms that you want. Make sure you have a system of organization whether that's Outlook, one of the automated tools that I use, or a box on your desk with index cards that are put in order of date - whatever it is, low tech or high tech have something that helps you follow up and tickle people over time and keep organized. 

Next, and I think as we move more and more in today's world, this is less of an option and more of a requirement quite frankly: an autoresponder. One of Aweber. The one that I got started with and am more familiar with is GetResponse, I currently use both Get Response and InfusionSoft. 

Next are questionnaires. This is a simple tool. This is something you can have printed out in front of you on your desk. You want to have questionnaires that deal with who your perfect potential people are who are coming into your marketing funnel. For example, you should have a sheet that you fill out on the phone with someone if they're a potential lease option seller. You should have a sheet you fill out with someone on the phone if they're a potential lease option buyer. You should have a sheet in front of you if you're having calls come in from a potential private lender or investor.  

Can you later advance, put some of that stuff on the web and have it automated? Yes of course, but don't let what you don't know stop you from doing that. If you don't have a website with those fancy features where people can type all this in on the site, have these people call you. Fill out a form while you're on the phone with them and build rapport with them. 

We don't want to 21-question them, that doesn't work, everyone has seen a first date where you're just like - that guy is definitely not going to get a second chance because he's just rapid firing question after question and we all know that doesn't cook the bacon, so you want to have those sheets in front of you. 

I'll tell you a quick story about when I first started out in the real estate game. I was actually working for an investor for free and this guy was a jerk. I didn't like him at all but he had this policy about this buy sheet, this thing that had to be filled out.  

If it was blank paper it was about as worthless as toilet paper but as you started filling it in and putting in the information about the property, putting the motivation from the seller, different information pieces you'd gotten from the seller– as you started getting that filled in, and it might take more than one conversation it might be over time– as you start filling it in it becomes less and less toilet paper and more and more worth its weight or more in gold. That was something he taught me, even though he was a jerk and I didn't like him I learned the value of keeping and data-basing that information for follow-up.  

 Let's say somebody is advertising in your local newspaper and they're saying they have their house for rent. Could you call them if your niche in real estate is doing lease options or sandwich lease options, in which you take the lease from the seller and you offer a lease that incentivizes you, meaning you get option consideration, you get more money per month, and tell them you’ve got a perfect tenant buyer for their house who has bruised credit and would like to buy a house like theirs on a rent to own basis? That is the power of reverse marketing for real estate investors.  If that's your niche, what would stop you from calling people who have a house for rent and offering them that value proposition? What would stop you from calling every single for rent ad you find every week?
 Maybe you might call with a reverse marketing message to phone numbers associated with “for rent” ads that goes something like this: 
“Hey, I know you have a for rent house, possibly you may have wanted to sell it and just weren't able to. If that's the case, I'd like to buy it, please call me about terms.”
 Now, that's not too difficult, but what is a little bit more advanced, what I call reverse mass marketing –this is kind of interesting stuff, this is some next level stuff that very few people do– what happens if you had somebody, you don't have to do it yourself or if you're strapped for cash you can do it yourself, I happen to like other people doing it but that's me. What would stop you from doing it as a “voice blast” after getting the phone numbers typed up and put into a spreadsheet?
   Take all the numbers in your local newspaper that are for rent, have them typed up and put into a spreadsheet, and send that exact same message that I just said to you guys over a voice blast using a service that only charges you a few cents per call.
   The people who call you back are people who would be looking to sell their house who weren't able to sell their house, are now offering it for rent, and were intrigued by your voicemail call saying “hey, I'd like to buy your house, call me if you're interested in my terms.” When they call you, your job at that point, is to take that prospect and turn them into a seller so that you can purchase their house in a lease option, resell it to a potential buyer tenant you already have lined up in the wings and make money.
   It's a very simple niche. Can you use that with a lot of different things? Yes. Is there a voice blasting tool that works better then others? Yes. Will I give it to you? Of course, I will. There are many different services available but of the ones I’ve tried I like CallFire, for price on large call blasts and VoiceShot for ease of use on quick small voice blasts. 
No matter which strategy for reverse marketing for real estate investors you use you're going to ask yourself a couple of questions: Who is my market, meaning who is the perfect person who should hear about my message? What are the mediums or media that I can use to reach them? What is the perfect message that will get me the response I'm seeking? No matter what market you’re looking to reach with your message, you can likely reach them through the medium of reverse marketing, not just by telephone or voice blast marketing.
Those of you who are real estate professionals or investors who have yet to use reverse marketing I challenge you to begin thinking now of who is advertising, to do business in a certain way or sell something in a certain way that you can grab their contact info and reverse market them because of what you offer them matches what they are actually spending money or effort to tell the world they have to offer you.
Pretty sweet, huh

10 Habits Of Highly Effective Real Estate Investors
by Jean Folger, Investopedia

Real estate has long been regarded as a sound investment. Wholesaling and property management of commercial and residential property are just a few of the ways investors can profit from real estate, but it takes a little savvy to become successful in this competitive arena. While certain universities do offer coursework and programs that specifically benefit real estate investors, such as the Johns Hopkins Carey Business School’s Master of Science in Real Estate, a degree is not necessarily a prerequisite to profitable real estate investing. Whether an investor has a degree or not, there are certain characteristics that top real estate investors commonly possess. (From caves to condos, we look at how Homosapiens have hunted for homes over the years. For further reading, check out No Longer Nomads: The History Of Real Estate.)

Treat Investments as Businesses

It is important for real estate investors to approach their real estate activities as a business in order to establish and achieve short- and long-term goals. A business plan allows real estate investors to not only identify objectives, but also determine a viable course of action towards their attainment. A business plan also allows investors to visualize the big picture, which helps maintain focus on the goals rather than on any minor setback. Real estate investing can be complicated and demanding, and a solid plan can keep investors organized and on task.

Know Their Markets

Effective real estate investors acquire an in-depth knowledge of their selected market(s). The more an investor understands a particular market, the more qualified he or she will be to make sound business decisions. Keeping abreast of current trends, including any changes in consumer spending habits, mortgage rates and the unemployment rate, to name a few, enables savvy real estate investors to acknowledge current conditions, and plan for the future. Being familiar with specific markets allows investors to predict when trends are going to change, creating potentially beneficial opportunities for the prepared investor.

Maintain High Ethical Standards

Realtors are bound to act according to a code of ethics and standards of practice policy, and real estate agents are held to each state's real estate commission rules and standards. Real estate investors, however, unless they are associated with membership-based organizations, are not usually required to maintain a particular degree of ethics in their business practices, as long as they operate within the boundaries of the law. Even though it would be easy to take advantage of this situation, most successful real estate investors, and especially those who remain in the business for the long haul, maintain high ethical standards. Since real estate investing involves actively working with people, an investor's reputation is likely to be far reaching. In the case of an investor lacking in ethics, the consequences can be damaging. Effective real estate investors know it is better to conduct fair business, rather than seeing what they can get away with.

Develop a Focus or Niche

Because there are so many ways to invest in real estate, it is important for investors to develop a focus in order to gain the depth of knowledge essential to becoming successful. This involves learning everything about a certain type of investment - whether it is wholesaling or commercial real estate - and becoming confident in that arena. Taking the time to develop this level of understanding is integral to the long-term success of the investor. Once a particular market is mastered, the investor can move on to additional areas using the same in-depth approach. Savvy investors know that it is better to do one thing well than five things poorly.

Strive to be Good Customer Service Representatives

Referrals generate a sizable portion of a real estate investor's business, so it is critical that investors treat others with respect. This includes business partners, associates, clients, renters and anyone with whom the investor has a business relationship. Effective real estate investors are good customer service representatives by paying attention to detail, listening and responding to complaints and concerns, and representing their business in a positive and professional manner.

Stay Educated

As with any business, it is imperative to stay up to date with the laws, regulations, terminology and trends that form the basis of the real estate investor's business. Keeping current does require additional work, but it can be viewed as an investment in the future of the business. Investors who fall behind risk not only losing momentum in their businesses, but also legal ramifications if laws are ignored or broken. When it pertains to the law, ignorance is no excuse. Successful real estate investors take the time and make the effort to stay educated, adapting to any regulatory changes or economic trends.

Understand the Risks

Those choosing to invest in the stock or futures markets are inundated with myriad warnings regarding the inherent risks involved in investing. Numerous agencies, such as the Commodity Futures Trading Commission, require disclaimers to warn potential market participants about the possibility of loss of capital. While much of this is legalese, it has made it clear to people that investing in the stock or futures markets is risky; meaning, one can lose a lot of money. Greenhorn real estate investors, however, are more likely to be saturated with advertisements claiming just the opposite - that it is easy to make money in real estate. Prudent real estate investors understand the risks associated with the business - not only in terms of real estate deals, but also the legal implications involved - and adjust their businesses to reduce any risks.

Invest in a Reputable Accountant

Taxes comprise a significant portion of a real estate investor's yearly expenses. Understanding current tax laws can be complicated and take time away from the business at hand. Sharp real estate investors retain the services of a qualified, reputable accountant to handle the business's books. The costs associated with the accountant can be negligible when compared to the savings a professional can bring to the business.

Find Help When They Need It

Real estate investing is complicated and requires a great deal of expertise to engage profitably in the business. Learning the business and the legal procedures is challenging to someone attempting to do things on their own. Effective real estate investors often attribute part of their success to others - whether a mentor, lawyer, accountant or supportive friend. Rather than risk time and money solving a difficult problem on their own, successful real estate investors know it is worth the additional costs (in terms of money and ego) to find help when they need it and embrace other peoples’ expertise. (Don't let a slow real estate market drag you down - steer clear of these pitfalls. To learn more, see 5 Mistakes Real Estate Investors Should Avoid.)

Build a Network

A network can provide important support and create opportunities to a new or experienced real estate investor. This group of associates can be comprised of a well-chosen mentor, business partners, clients or a non-profit organization whose interest is in real estate. A network allows investors to challenge and support one another, and can aid significantly in advancing one's career through shared knowledge and new opportunities. Because much of real estate investing relies on experiential-based learning, rather than on reading a book, for instance, savvy real estate investors understand the importance of building a network.

Conclusion

Despite abundant advertisements claiming that real estate investing is an easy way to wealth, it is in fact a challenging business requiring expertise, planning and focus. In addition, because the business revolves around people, investors benefit in the long run by operating with integrity and by showing respect to associates and clients. Tough it may be relatively simple to enjoy short-lived profits, developing a viable real estate investing business that can last for the long-term requires additional skill and effort. Whether focusing on apartment buildings or commercial property, highly effective real estate investors share these 10 essential habits. (Owning property isn't always easy, but there are plenty of perks.)

5934 E 21st Street
Indianapolis, IN




3BR/2BA Single Family House $17,000
don't know if it was a crack house but the price is really cheap
3br/2ba with basement, large living room with fireplace, 2 car detached garage, large utility room with washer/dryer hookups, enclosed front porch, large, fenced backyard with more than 20 trees. Needs some siding replaced, kitchen needs repairs. Call me at 317-855-8366 or go to

http://www.hoosierflippers.info

http://www.flickr.com/photos/30889687@N05/sets/72157625152920130/

http://www.youtube.com/watch?v=X7uC1m_5gVQ



Bedrooms 3
Bathrooms 2.0
Floors Unspecified

Sq Footage 1,404
Lot Size 12,000 sqft
Year Built 1940


Condition of sale: Home being sold “as is” – no repairs will be done. Pre-approval letter & earnest money required. Offers made without proof of funds or pre-approval letter will not be considered



Elia Santiago
317-855-8366
Turn key Homes LLC
http://www.hoosierflippers.info

Very Attractive Home with 6 Bedrooms and 2 Bathrooms in Indianapolis, Indiana!  This Property is Located in a Great Rental Area. You Can't Beat this Deal.This Home has Several Nice Features including Two Separate entrances, 3 Bedrooms and 1.5 Bathroom in each unit, Separate utilities, 2 Water Heaters and 2 Furnaces, 2 Basements. (Freshly painted on Lower lever) Newer Vinyl in kitchen, 3 Bedrooms, 1.5 bath upstairs & downstairs .  The 2nd Unit is the same layout (3 Bedrooms and 1.5 Bathroom), All carpet The Property has an attractive exterior There is parking in the rear of the property with separated spaces. This Home's Location is Set for a Cash-Flowing Opportunity! Rent would be from $450-600 a Month per unit.

Bedrooms:	6
Bathrooms:	2
Sqft:	2800
Lot size:	--
Property type:	Other
Year built:	1921

Estimated Home Values: 

View Value Range

ROI:
this is an estimate with a rented price of $500 a month per unit $1000 a month less prop mgt fee which is $100 - $900 for 12 months $10800 dollars a year an selling price $25k

take away annual taxes $1k a year
E.Santiago
We Buy Homes Indianapolis
317-855-8366
Turn Key Homes LLC

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.

I think we've all heard stories of shady investors who take home sellers for a ride and leave the sellers worse off than they were before.  

One time, I got a call from a former homeowner in Colorado Springs who had signed the deed of his house to an investor and let the investor take over the payments on his mortgage.  All seemed well until the market started tanking and the investor stopped making payments on the gentleman's mortgage, even though he was still collecting rent from the tenant.  Then, the first investor "sold" the house to another investor.  The second investor also refused to make payments on the gentleman's mortgage, though he was collecting rent.  To make matters worse, the tenants  had trashed the property, going so far as to smash in the garage door.  Because the homeowner had signed over the deed to his property, he felt as if he had no recourse.  Oh!  I forgot to tell you that the second investor told the old man that he was going to wait until the bank took the house in foreclosure and buy it on the courthouse steps.  Nothing like adding insult to injury.  

There wasn't much I could do for the gentleman, besides listening to his story and offering this advice:  The people who had purchased his house, collected rent from tenants and not paid the rent to the mortgage company were committing something called Equity Skimming.  In the State of Colorado, Equity Skimming is a crime -- not just a misdemeanor either, it's a felony.  I suggested that he go to the D.A.s office and try to get the bank's attorneys to do the same thing.  

That unethical and unkind investor deserved to have charges filed against him.  No one should do business like that.  Not only does it give a bad name to all the ethical investors out there, it's flat out wrong.

And here is some advice that I can offer you if you need to sell your house, but can't do it through traditional channels.  
1.  It's okay to let an investor take over payments of your house if you have the right protections in place.
2.  Make sure that the deed to your house is placed in escrow and that if the investor defaults on the mortgage, the deed reverts back to you, the homeowner.
3.  Rather than letting someone take over your mortgage, do a lease with the option for them to purchase the house. 
4.  If the investor insists that you sign over the deed to your house without any real protection in place, show that person the door.  

Now that I've told you the bad side, let me share why letting an ethical investor take over your mortgage can be a very good thing.  
1.  It is a great relief financially and allows you to move on with your life.
2.  The ethical investor will ensure that your mortgage is paid in a timely manner.
3.  The house will be well-maintained because the right investor will have processes in place to ensure that it is.
4.  It will help your credit report to have the mortgage paid in a timely manner.
5.  Someone who loves and can afford your old house will be living there.
6.  Letting the investor take over your mortgage payments saves all sorts of closing costs, allowing the investor to pay you more for your house than they could if they had to pay all cash.

The ethical investor has a big stake in making sure that your mortgage payments are made and that the house is well maintained.  After all the house they just purchased from you is an investment in their future.  

I hope this article helps you to protect yourself as well as to help you understand why you can and should work with ethical real estate investors to sell your house.

Christy Mellott
www.mmmchallenge.com
www.realdealcolorado.com