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Blog - Page 87 - Strategic Real Estate Coach

Technology Enhancements Drive Changes to the BOA Short Sale Process

Category: Blog

Technology Enhancements Drive Changes to the BOA Short Sale Process

I received this email yesterday and wanted you all to be aware of some changes that Bank of America has made to their short sale process: “In March, fields were added to the initiation page in Equator so Bank of America can identify which short sale the homeowner qualifies for and best fits their situation. […]

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The Dovetail Method lets you legally flip short sales with back-to-back closings

Yesterday, I sent you an email regarding a very unique and little known strategy for flipping short sales. Only intended for the most seasoned real estate investors, “The Dovetail Method™” is arguably the MOST effective way for quick-turning short sales for profit. This system allows the short sale investor to engage, list, market, sell and […]

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Best Spots Around the US for Flipping

Last year, the national average for flipped houses was 7.9% of foreclosed properties. "Before the housing market crashed, house-flipping was a sport that even amateurs could play. Investors would swoop in, buy a property or two, and watch as the buoyant forces of the market brought the price higher and higher." But where are the […]

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It Pays To Be A Freddie, Fannie Exec

Did you see the latest report on the salaries paid to the heads of Freddie Mac and Fannie Mae in 2009 and 2010? You're not going to believe this one. "The heads of bailed-out mortgage finance giants Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) were paid fat salaries without proper written procedures or analysis, according […]

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Even Movie Stars Get the Rehabbing Bug

Check out this article about actor Jeremy Renner. "Before he was nominated for Oscars for "The Hurt Locker" and "The Town," Renner and his business partner, actor Kristoffer Winters (who had a small role in "Locker," plus last year's "Fair Game") were fixing up and flipping old houses in Hollywood and Studio City, according to […]

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Three States Move to Ban Foreclosure Sales From Appraisal Values

Check out this article that I found about eliminating foreclosures and short sales as comparables. Well, it sure does sound nice -but does that give an accurate picture of the market? What do you think?

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52 Different Ways to Make Money in Today’s Real Estate Market

Everyone knows that real estate has made more millionaires than any other industry, and that it has a low barrier to entry for a new investor. You don’t need a degree or any experience to begin. You just need a strong work ethic and a desire to learn. And that’s where we at SREC come […]

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Homebuilder Confidence Slowly Rising

Even though the signs may be weak, there are indicators that confidence is on the upswing among homeowners and the home buying public. Here's proof of a glimmer: Homebuilders’ pessimistic outlook improved slightly this month, but it remains dim amid falling home prices and a weak pace of construction.  The National Association of Home Builders […]

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Foreclosure Activity Hits 3-Year Low

Does this update signal a shift? New data from RealtyTrac shows that foreclosure filings nationwide dropped 14 percent between January and February, as overall activity last month sunk to its lowest level since February of 2008.  RealtyTrac says total foreclosure filings – including default notices, scheduled auctions, and bank repossessions – were reported on 225,101 […]

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36 *active* private lenders in 27 minutes (how he found them)

Last week I told you about how important using private money lenders is to your real estate investing business. It’s incredibly easy to find private lenders in your area, and when you watch this video you’ll see proof! This guy found 36 active private lenders with over $1.2mm in *available funds* in under 27 minutes […]

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