Aug
12Real Estate Investors – Learn How to Avoid Hard Money Lenders and Discover Private Money Sources
Filed in: Real Estate Investing by Mike Lautensack on 08-12-09One of my coaching students recent asked me how to raise money for real estate deals since she was having NO luck raising money through h
ard money lenders.In fact, she had just paid some “guru” $25,000 to take a course and the whole course was about how to raise hard money.
Once she and many of the other students in the Guru’s class start talking they discover that no one was having any luck raising money with money hard lenders.They quickly learn that most hard lender money are out of business. The few that remain have such high lending requirements that the deals made no sense when you have to put up 50% of the proceeds, sign personally, put up cash reserves and pay interests north of 25%.
She was very confused and upset to pay this kind of money to get information that was grossly outdated and useless in today’s world.
I quickly explained that the answer of how to raise money for real estate deals today is to use “private money” not hard money.The difference is with private lending you are dealing directly one-on-one with a private person who may want to invest in your business. You are not dealing with banks or hard money lenders who have no money in today’s post financial crises.
Private lending is a consistent source of money to purchase discount real estate deals that you can go back to again and again and again.The more you use private money lenders, the more money that will become available as you as you develop that relationship.
It is important that real estate investors understand that for the next several years you will need to use and develop a private lending program as other sources of money will dry up and be very difficult to get.
I invite you to learn more about Private Lending and get FREE instant access to a 60 minute audio and 20-page eBook titled “Discover the Secrets of How to Fund Your Real Estate Deals with Private Lenders!” by going to http://realestatewealthtoday.com/FREE-eBook.html
Mike Lautensack is a full-time real estate entrepreneur in Philadelphia, PA and creator of the Private Lending Presentation Kit. This powerful done-for-you kit is loaded with tools and techniques to attract and develop a consistent stream of private investors into your real estate business. To learn more about this kit and receive your FREE Real Estate Wealth Newsletter go to Private Lender Money Kit.
Popularity: 7% [?]
Aug
11Property Management Secrets for Real Estate Investors
Filed in: Property Management by Mike Lautensack on 08-11-09RE: Learn the 10 Success Secrets of Property Management Every Real Estate Investor Must Know to Manage Your Own Investments Properties for Maximum Profit andAvoiding Tenant Headaches!
I am going to to do apower packed Free 45-60 minute LIVE Tele-Seminar where you’ll learn the step-by-step process to develop your own Property Management Program.
Every successful Real Estate Investorhas crucial success areas they must focus on to make their investment properties perform profitably. They know that focusing on the right things leads to high tenant occupancy and rental income profits. They also know focusing on the wrong things ultimately leads to disastrous results and never ending tenant headaches.
So here is what you are going to learn and discover in this brand new tele-seminar:
- What is Property Management and why it is absolutely essential to be successful in real estate investing…
- How to use both offline and online marketing techniques to get the phone buzzing with qualified potential tenants…
- The 3 keys steps you MUST take to screen potential tenants and maximize your potential of getting good long term tenants that can make landlording a joy…
- Discover the advantages of a true professionally lease designed to protect the ownerversus a “store bought” lease which favors the tenant…
- How to Get Your Tenants to Stay After the First Year…
- And of course, a whole lot more!
To sign up for this FREE tele-seminar on: Tuesday, August 18, at 8:00 PM Eastern simple click here ===> http://www.realestatewealthtoday.com/PMS-Signup.html
Even if you know you can’t make the specific time, register anyway so I can send you a link to the Audio Replay… It’s going to be a good one, so register now at
To sign up for this FREE tele-seminar on: Tuesday, August 18, at 8:00 PM Eastern simple click here ===> http://www.realestatewealthtoday.com/PMS-Signup.html
Mike Lautensack
Real Estate Wealth Today
http://www.realestatewealthtoday.com/
P. S. I only have 125 lines available for this call, so please get on 5 minutes early so you don’t miss the call.
P. P. S. We also now offer a limited number of people one-on-one private coaching to grow and expand your real estate investing business with private lending – If interested please click here and fill out the form and I will call you to discuss your needs.
To sign up for this FREE tele-seminar on: Tuesday, August 18, at 8:00 PM Eastern simple click here ===> http://www.realestatewealthtoday.com/PMS-Signup.html
Popularity: 5% [?]
Please see ourAug 2009 Newsletter attached or click here http://www.delvalproperty.com/m/22000/22549/files/DelValNewsletter-Aug2009.pdf
Thanks
Mike Lautensack
P. S. If you like to join our new Meet-up group “Property Management for Philadelphia Real Estate Investors” – please join us September14, 2009 by clicking here http://www.meetup.com/Property-Management-for-Real-Estate-Investors-Philadelphia/calendar/10989878/
Popularity: 1% [?]
A recent USA Today headline states “Rate of Owning Homes is Plunging – Analysis forecasts drop to 1985 levels”.
Homeownership in this country peaked at about 70% in 2005. Since that period the homeownership rate has declined to 67.4% this year and is projected to continue to drop dramatically to pre 1980 levels of about 63% by 2020.
During the late 1990′s and early 2000′s there was a strong push by our government to increase home owners with the view that home owners improve neighborhoods and the American quality of life. They pushed the mortgage industry to find ever more ways to make it easy to get a mortgages and buy a homes. In hind sight, we know we push too hard and were putting people into homes and mortgages they could not afford. These folks should have remained renters and
avoided all the foreclosure headaches.
This process is now unwinding and we have all seen the dramatic impact it has had on the financial and mortgage industries. But what does this all mean for you and I. It means more and more people will be renters.
The impact of going from 70% to 63% in the homeownership rate means about 23 million people will become renters versus home owners over the next decade. That is right – I said 23 million new renters.
The home building industry has already seen this trend and is shifting to building more apartments and condos versus houses. We also saw data this month that the average size of new homes is down 15% to about 2300 sq. ft. versus 2600 sq. ft.
This is very good for people catering to the rental market and has huge implications if you want to buy real estate for renters and hold for long term wealth. Landlords and property managers will be on the right side of the market for a generation or longer. This is very bullish for rental real estate once some of the current dust settles.
For more information on our upcoming FREE Tele-seminar titled Property Management Secrets for Real Estate Investors please go to
http://www.realestatewealthtoday.com/PMS-Signup1.html
Popularity: 1% [?]
