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Joined: Jul 2009
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*FREE SPECIAL REPORT*
“Why Small Investors are NOT making Any Money with
Foreclosures and Short Sales”
Eighteen months ago there were plenty of foreclosures for small investors but now Deep Pocket Investors are able to get the big discounts because they buy 100’s of foreclosed homes in bulk packages from Lenders…why should lenders deal with small investors when in the long run they can actually save money by unloading large numbers of homes in a single deal? The deep discounts, for small Investors, are becoming a thing of the past. WWW.NEWSTARTREALMONEYREALFAST.COM
Investing in FORECLOSURES and SHORT SALES is DIFFICULT to IMPOSSIBLE unless you are CASH RICH. How can you compete when large numbers of small investors show up to foreclosure auctions, many bidding on the same properties, driving up the purchase prices? I personally sat in on an auction where virtually all the 100 plus homes sold for 90%-95% of the asking price!
What about “pre-foreclosures” you say? Well, there are ways to “funny finance” these properties (contract for deed, subject to, owner finance) but if you think that the entire process of getting, rehabbing, selling/flipping these homes can be done “without using your own money” you’re in for a big surprise. First, how do you find the homes “for free”, the internet, mass mailings, email blasts, cold calling? All of these require cash; they can’t be done for free. Trying to market just one home at a time can be extremely frustrating. In order to get 1-2 houses, you must market to 50-100 homes. It’s a numbers game. The more houses you market the better your chances are. You just can’t call enough home owners in a day, without help. Mass mailings (average costs with postage, printing costs, envelope/paper cost and someone to do the work is a minimum of $2.50-$5.00 per piece. Send out just 100…cost $$250.00-$500.00) get your message to a lot of addresses, but most of them are thrown away as “junk mail” and not even opened! You will quickly find you aren’t the only one searching for these homes. I talked with a pre-foreclosure homeowner, who responded to my mailings, I was told she had received “numerous” other mailings, phone calls and even people knocking on her door, at all times of the day…unannounced! Not to mention it is a breach of contract for the home owner to walk away from the home and let someone else make the m*rtg*g* payments. If the lender finds out about it, and they do, they have every legal right to immediately call the total m*rtg*g* due and even seize the property (see “Garn-St. Germain Depository Institutions Act, of 1982). This would be a disaster if you had taken the property “subject to” and placed an owner financed family in the home, with an extended contract. The “gurus” say just get the property and at the same time find a family to purchase the home. Right, in this market, who are they kidding? That could take you, on the average, 6-9 months. Do you have a few thousand a month to pay the m*rtg*g*, all the upkeep, taxes, utilities, etc waiting for a buyer? WWW.NEWSTARTREALMONEYREALFAST.COM
No out of pocket, my #&ss!
I can speak from personal experience. Look, admittedly, some people do pull this off but after wasting my time with pre-foreclosures, foreclosure auctions and dealing with rude lender mitigation people, I was either going to find a better way or look for other ways to make money.
As luck would have it, I did discover an easier, equally profitable way to make money in real estate, without the risk in foreclosures, house flipping and short sales.
What is this “Big DISCOVERY”?
In one phrase… “Rent to Own Homes (RTOH)”.
Now hold on, don’t go away, please read on. Let me explain the process, so you understand how this undiscovered niche hasn’t, to date, been explored and how you can benefit, in a big way.
Classically there are two stigmas associated with RTOHs.
1. One would not associate a RTOH without thinking of having to actually own the house first. Even if you did, one RTO home wouldn’t bring much, if any, extra income each month,
2. Everyone has the idea, probably rightly, that most renters tear up rental homes.
Right? Wrong!
What if I told you neither is true? With our proven system, you don’t have to own any homes and that a special niche of renters even takes good care of the homes?
How?
Suppose there was a system, inexpensive, easy to learn, paying huge finder’s fees ($800.00 to $3500 plus, per home) without you having to use your own or anyone else’s money and occupied by families who wouldn’t tear them up? Would that be of interest to you?
Too good to be true? Then read on,
Very few people have not been affected by the recent economic downturn. Millions of families have been displaced from their dream homes by greedy Wall Street Lenders and Banks. Where do these families go to live? They certainly aren’t able to buy another home. They move in with family, friends or into a lousy rental home, usually not as nice as the home they just lost. Children suffer, too, they have to re develop new friends, get used to unfamiliar schools, teachers and daily routines.
Consider this;
There have been 1,676,581 FORECLOSURES so far in 2009 and STILL COUNTING….
That’s ONE NEW Foreclosure filing
EVERY 13 Seconds!
How many more HOMES Can Cities/Communities afford to lose? That’s a huge tax base loss. Who will pay for city services (emergency medical, fire, road repair, etc)? The cascading ramifications affect everyone.
Because of these foreclosures, tell me there isn’t an almost unending supply of people and houses looking for each other.
And virtually, unending opportunities to earn finder’s fees… just waiting for someone like you to grab.
Maybe this sounds corny, but wouldn’t it be true to say, in light of the fact the vast majority of these people can’t get loans of any kind, there needs to be a way to help bring affordable, quality housing back to hard working American families? You and I know there are plenty of them available.
Let’s not forget about all those investors who bought these foreclosed homes and battled for short sales, spending hundreds to thousands to fix them up for re-sale. Just to find out Banks aren’t lending any money, why?
The Federal Government isn’t the problem;
A Federal Court in Manhattan has declined to take any further action on a lawsuit between Countrywide Financial Corporation and certain m*rtg*g* investors. The court has upheld its decision…
“There is no legal barrier to any lenders or Banks ability to modify distressed loans or [sic] make new loans.”
Countrywide Sent Back to State Court
August 20, 2009
So where is the problem?
BANKS and LENDERS!
They have been given the money but aren’t lending it to those who really need it.
This is the same money we (the tax payers) gave them (remember the bailouts)?
So all these unfortunate small investors and long time owners wanting equity out of their homes for retirement, are faced with either:
1. Giving the home away (i.e., selling way below it’s real value) and keep trying to pay the expenses (draining their hard earned profits) until the markets come back, or (Here’s the KEY)
2. Work with someone (you) who can bring quality “Rent-To-Own Families” to them…for a nice, honest finder’s fee.
With thousands of families who lost their homes and needing a place to live (and an opportunity to rebuild their credit), it’s almost a no brainer that we need someone to match up these two Groups!
Rent vs Rent-to-Own
Renters typically don’t take care of the home they are renting, the home isn’t theirs and they don’t feel a need to do anymore than what is absolutely necessary to keep them from getting evicted. When money gets tight they move out at night, even taking appliances and fixtures belonging with the home.
Rent-To-Own families are intending to purchase the house. They realize this is a way to re-establish their credit. They consider the home their own and are much more likely to take care of it. They will even ask to add items to the house, improving its value, at their own expense. When repair services are needed, they will even take care of it themselves, saving the owner/investor thousands.
Is this “Rent to Own” thing starting to make sense?
About Us;
• Our Nationwide company is the PREMIER RENT TO OWN Real Estate Business and HAS THE “MARKETING EDGE”. We are the ONLY national company specializing in Rent To Own properties.
• Here at New Start Corporate offices in Centennial, Colorado, we have been watching the Real Estate and Economic Markets closely and have developed a business model that solves the above dilemmas and truly is the answer to help get American families back into quality housing.
• This give us and you, should you decide to join us, a huge “Marketing Edge”. With our program we/you can literally put most any family back into a nice, quality home.
CUTTING EDGE BUSINESS IS BORN AND ARISES LIKE A PHOENIX FROM THE ASHES
This New Wave Business came about by personally EXPERIENCING the “Investor caught with residential properties that they couldn’t SELL”, haunted monthly by ongoing Loss of Equity, continued holding and maintenance costs. We had spent thousands of dollars on rehab but didn’t want to give the property and it’s equity away, couldn’t afford to keep dumping hundreds each month into a seeming “black hole”. We wanted Quality, Qualified families that would CARE for the property like their own.
Great SURPRISE!
We ACTUALLY found great Pride of Ownership in families who had lost everything, thru Bankruptcy and/or Foreclosure and wanted a NEW START in re- building their finances and credit. They were looking for an innovative way to be HOME OWNERS AGAIN.
Now the Team at New Start and you has a great OPPORTUNITY TO HELP FILL VACANT NEIGHBORHOODS WITH QUALITY QUALIFIED FAMILIES.
This MATCHMAKING is NOW an entrepreneurial Real Estate Business that matches these desperate home owner/investors with eager, honest Buyers.
To be one of these Entrepreneurial Rent-to-Own Real Estate Business Apprentices you literally only need;
• A computer
• Internet access
• A desire to change/improve your current financial circumstances
• Will to succeed
THAT’S ALL!
This new approach to earning a living in the Real Estate Business is perfect for anyone wanting;
• to add a new dimension to their life
• make money while helping get families back into neighborhoods
• take control of your personal finances away from WALL STREET and GREEDY BROKERS
• earn insane amounts of income on your own
Don’t make the mistake of wasting your time, like everyone else trying to make an income in the foreclosure and short sales market, when the new Rent to Own NICHE is here, just waiting for you to get involved (before everyone and their dog finds out about it).
WWW.NEWSTARTREALMONEYREALFAST.COM
Please join us, be one of the first entrepreneurial rent to own real estate business apprentices in your area to start earning these quick and easy FINDER’S Fees.
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AdamPaplow
10-29-2009 @ 2:26 PM