Top Real Estate Articles

Twitter Can Help You In Your Real Estate Business

Nov 30, 2009 Real Estate

At every real estate conventions, boot camps, or seminars the topic of marketing comes up. Someone will mention Facebook (that’s a whole different story) which is always closely followed by a comment about Twitter. So… let’s evaluate is Twitter worth it? If it IS worth it, how can you best use it for great results? First, lets look at just what Twitter is and what it can do for your marketing efforts.

Twitter.com is a website where anyone can create a profile and become a “micro-blogger” Twitter is like a regular blog (aka web-log) in that it lets you say anything you desire to say to anyone and everyone who will see it - with one exception. Twitter only allows you to express yourself–0 characters at a time. So it’s a little like using you cell phone to send the world a text message. When you find a profile of someone whose–0 character Twitter posts (called “tweets”) you can “follow” them - whenever they post something new, it will appear on your Twitter home screen. If someone finds YOUR profile and follows YOU, then you will be notified that someone is “following” you. Now that you know the basics, let’s talk about making this a useful and PROFITABLE tool for you.

Because the old saying “Out of sight, out of mind” is absolutely true, you’ll need to remain active with your “tweeting”. You should be posting at a minimum, once a day. Find something to “tweet” specific to real estate - something that your “followers” will find useful. If you just start sending info about homes you have for sale, it probably will not get you as far as you planned. Think about it this way - when was the last time you opened and really read an email from someone attempting to sell you something?

When you give your followers something they can use or something they find fascinating (even if it ISN’T about the real estate industry) then you’ll have a chance to maintain their attention. When you gain their friendship, they’ll be more open to review what you have to say when you want to offer them something you’ve listed.

Twitter, like other social networking sites, is a good way to connect with others - just keep in the forefront of your mind that they’re people and want to be acknowledge like people. They aren’t money makers. So connect when a person follows you, send them a short personal message letting them know you appreciate it.

Remember that being upfront and transparent with people and giving thoughtful data is what Twitter is all about - the money will come if you treat people like people and post often so that your Twitter marketing is consistently on the radar! The more you do that, the larger your following will be - and the larger your following, the greater your chances of communicating with someone who needs to make a deal - which, of course, means a better chance for you to profit!

REOGoldMiner.com is a site that helps you identify REO deals and valuate them at the click of a button. We have a passion for Real Estate, internet marketing, and helping investors become the most success they can be in their real estate business.

Tags: Bank Reos, business, finance, Foreclosed Homes, INVESTING, learn investing, learn virtual real estate, Real Estate, real estate investing, reo investing, Reo Properties, virtual investing, virtual real estate investing

Look For These Things When Buying REO Properties

Aug 28, 2009 Real Estate

REO properties are one of the best ways to invest in real estate currently. Banks do not need to, nor do they want to; keep these properties for any longer than they absolutely have to. This is why, REO properties can be had for nearly any reasonable price. Of course, there are many things to consider about these deals.

You should carry out a thorough inspection of the property which should be inclusive of the major structures of the property. The roof, sub flooring, basement, plumbing and wiring should also be inspected.

Be certain to get a detailed title search pertaining to the property. There are several property titles that have tax liens and this tax can be passed along to the new buyer of the property.

Most importantly though you need to know what the property should be bought for and what is worth after repair.

Use REOGoldMiner.com to find the REO deals and InvestorCompsOnline.com to analyze the current market value of the house you want to purchase as well as those of similar properties in the area. You will save time and money if you conduct a little research before you make bids on the properties in question.

So what should you look for to accurately analyze the data from InvestorCompsOnline.com? Compare properties using these top three items: year built, room count, and square footage. When looking at the prior sales provided, compare your property to sales with those similarities. This will give you the best view of what similar properties have been selling for as is and ARV.

Real estate investing is not just about selling a house and making some money. It will also take research in order to figure out its value and to accurately price the property. By using REOGoldMiner.com and InvestorCompsOnline.com, you will be able to find REO deals all over the nation and to know how to price it for resell.

Tags: Bank Reos, business, finance, Foreclosed Homes, Real Estate, real estate investing, reo investing, Reo Properties, virtual investing

What It Takes For Foreclosure Investing

Jul 18, 2009 Real Estate Properties

Many people claim to have the “secret” to buying and making money in the foreclosure market. With the many different strategies for successfully buying and selling foreclosed properties, each investor will find their own “secret” to making money in real estate.

If you’re hoping to get your start in real estate investing, one of the first places you probably looked was mortgage foreclosures. You probably contacted (or tried to, anyway) owners of properties who were about to lose their homes due to non-payment of their mortgage. If you were lucky enough to get anyone to answer the door or phone, you tried to strike up a deal with them to buy the property and make some money on their equity.

But, the vast majority of foreclosed homes are sold back to the lenders which repossessed them. Foreclosure investing, which happens when individuals buy foreclosures either on the auction block or before they actually get there while it has not increased in percentage, has increased in the number of such purchases being made over the last few years. This increase reflects the soaring number of people losing their homes. And for many of these people unable to continue with monthly mortgage payments, there is someone waiting to engage in foreclosure investing at his or her expense.

Foreclosure investing can be a challenge, but very rewarding if you understand the ropes. If you are one who enjoys a little risk, but understands the value of making calculated risk investments than foreclosure investing is for you. There are billions of dollars invested in real estate every year, and many investors make a good living with foreclosure investing. My web site will look at the very interesting aspects of foreclosure investing.

Foreclosure investing requires very little money down because both the sellers and banks are motivated. No matter the economy, foreclosures are a fact of life even in good times, but the current economic situation has made this time an unprecedented opportunity. Even with interest rates changing, and loan revisions being made, you can find foreclosures in almost every town.

Tags: b, bank foreclosure list, Bank Owned Homes, Bank Reo, bank reo list, business, e, entrepreneurs, f, Foreclosed Homes, foreclosure investing, i, internet;business, Investment Opportunity, o, r, Real Estate, Real Estate Properties, real;estate, reo investing, Reo Properties

REO Goldminer — Reviewed

May 2, 2009 Real Estate Properties

I have stumbled across a new product, REO Goldminer, that is a game changer for all the entrepreneurial real estate investors out there. If you have spent any time trying to find REOs you realize how challenging it can be to find quality deals or quality information. Given the stone wall that many investors feel they are up against when researching REOs, they often turn to alternative marketing practices. Have you ever sent out thousands of direct mail pieces, posted Bandit Signs, or run ads in the classified section of your hardly even read local newspaper? Worse still, a great number of real estate investors turn to phoning poor families who are on the verge of losing their houses, in an effort to find a positive outcome for all. It isn’t usually received that way though unfortunately.

Assuming you could create a perfect real estate investing solution, you would most likely imagine a solution that brings the best deals to your computer with virtually no effort, and little cost. Even sweeter, you wouldn’t have any of the wasteful marketing that has been your lone alternative up to this point. A complete investment solution like this would certainly save you time, money, and stress - the most critical things. This system now appears to have arrived in REO Goldminer.

The beta version of REO Goldminer has been available until now and really hasn’t been officially launched and brought to the world. Apparently that is about to change mid-May. As I understand it, if they reach a certain number of clients they will be closing the doors until existing clients leave, which seems unlikely. A one out, one in sort of situation. The question though is what exactly do the developers of the REO Goldminer system say it will do.

Here are a few of the big hitters that REO Goldminer claims it will supply. It allows you to search for REOs in each and every state. It can also drill down to the city level. The software lets users choose what discounts they are interested in. Searching price by minimum and maximum. The output of the REO Goldminer will give investors, agent contact info, address, city, zip code, list price, etc. REO Goldminer can give an overall value estimation to investors also. The software positions investors to make 2-25 offers/day, when you are ready. The creators have been building systems related to this service for awhile and this appears to be their crowning achievement.

Right now we are working on getting a word with the people behind REO Goldminer that we will be able to bring to you via our review blog located at REOGoldminerReview.com. Come visit us and see what additional review information we can share.

In truth, based on what this program seems to deliver, you need to strongly consider this versus your current business model. Just one deal means thousands of dollars and fortunately the majority of investors still haven’t heard about this!

Tags: Bank Reo, Bank Reo Properties, business, finance, INVESTING, Real Estate, Real Estate Properties, reo, reo broker, reo foreclosure, reo foreclosures, reo goldmine, reo goldminer, Reo Homes, Reo Properties