Anyone interested in a BH Real Estate guide?

Just interested in how far the OP has gone with this since the original posting a few months ago. I used to consult with private banks and investment firms when it came to real estate. Mostly investments in new properties rather than problem properties. (new properties much more profitable).

But if you're interested OP I can explain the basics of how LeGrand and others do it and how much to charge and why. Can also give you some clues on the coaching aspect and software to use.

BTW: $97 way too small. I can show you how to make much more than that and probably a lot more than you're making now. PM me if you're interested OP.

what happened to this ...sounds good to me . pm me ..thanks

this is pretty interesting. im guessing you need a lawyer to write up/review the offer though, how much does that cost? is there a way to do it yourself?

That's interesting. I am interested how it an be adapted for asia market.

Wow this sounds like a really fascinating opportunity hey Hotstox - how do we sign up to get more info from you?

This is something that interests me as well. Real estate is a game that takes balls to play, but the payoffs can be great (which is why I keep researching it, even though at this point I've only dabbled in it).

There's a lot of avenues for returns in real estate. Everything from Inventment Trusts (which are kind of like a specialized stock/real estate only mutual fund), Contract Arbitrage, buy-renovate-flip, build long term equity & mortgage roll, etc.

There's also a many great properties ripe for investment, ESPECIALLY NOW, because of the high rate of foreclosure. Truth is, many people (savvy B Hatters excluded) are scared of the real estate market right now... but that's exactly why it can be an excellent time to buy. Even if you're only goal is equity building (which is how so many people lost money in the last 2 years due to the real estate collapse) you can make money (but it will probably be 3-5 years before you can pull a good mortgage-roll on a property depending on your area).

The key is recognizing potential. Remember money is made at the beginning of the purchase not at the time of sale.

This is just my 2 cents, but for the record I've bought a house recently, I low-balled the offer and it's worth more than I payed even though there's been no appreciation in my area. Something to consider.

i don't mean to post on top of the Ops thread but it has been since feb. since his last post. Iam an agent in miami and read through the replies and want to clarify some things.

1. assigning contracts is a thing of the past...the only way to "legally" "flip" a property is two of the three ways that ericmedem posted. do a double closing with some sort of transactional funding company, hard money, or something similar. they usually charge you points on the transaction...i would pay no more than 4pts on something like this.

2. putting the property under contract and "sell" the LLC that is holding the contract.

i am not saying you cant or people still don't "assign" the paper but laws have changed and they vary from state to state and is very grey. the reason being is this is one the very reason why the market collapsed. people put down the 20% on multiple properties with no intention to ever close only to flip the contract when it came time to close. some people did this and made millions...others got in too late and you know the result.

downtown miami is a prime example...there are construction loans in buildings down here that were seized by the FDIC and now are owned 60% by the government. I am in direct contact with the FDIC and Starwood Capital that owns the paper on these loans. Just called up the FDIC and channeled my way down from there.

I look to be opening up my own brokerage here in Florida in the next 2months (finalizing all the paper work) and will be considering opening my doors to BHW for all types of ventures.

the sky is the limit when it comes to real estate and I can assure you can make more money than you can imagine.

hotstox, pm and let's connect. I do RE investing and generate a lot of buyer leads. I have over 200,000 of them that would love to do something with you on.

I love your idea as there is a bunch of fluff out there and very few people deliver the goods.

mortgage leads avail. ?