Wednesday, October 21, 2009
Local Real Estate Deals TV
Just a quick shout to keep the beta testing going. Thanks to everyone who has logged on and checked out the system. GREAT FEEDBACK! We have already made it into the second round of changes so keep updating your account to see what changes have been made. This is ground breaking stuff and it is never easy standing on the cutting edge...Lots of change, lots of movement, but that is how the best things are formed...Stay the course and keep the faith!
Wednesday, September 30, 2009
Local Real Estate Deals DOT TV Station
Well, it's about time! That's all I have to say about the whole thing. It took considerably longer than I wanted, but not really that long in the big scheme of things, and it is finally in beta...That's right, www.LocalRealEstateDeals.tv is now online...how cool is that. We welcome your profiles and comments and feedback. Thanks for checking in...don't spend any more time here, just go to the website and upload your videos!!!
Regards,
Rob Cass
www.LocalRealEstateDeals.com
Regards,
Rob Cass
www.LocalRealEstateDeals.com
Monday, August 24, 2009
If you are not part of the solution, you are part of the problem!
I am still amazed at the amount of people out there that are sticking to their old ways and contributing to the same old problems. Frankly, I don't care who is responsible for the mortgage and real estate industry crisis...As far as I am concerned we are all, in some way, responsible for this mess we are in. To be absolutely clear, we don't have time to point fingers anymore, now is the time to stand up and make the decision to be a part of the solution.
I am also amazed at the lack of understanding about hard money. I know that I have some pretty strong opinions about many things, but it is in my humble opinion, that it is private money and hard money that is going to get us out of this mess, not institutional money.
Even among hard money lenders, the field isn't level. There are just as many good companies as there are bad ones, but I have, as I usually do, stumbled across a company that is not only leading the way, they are a major part of the solution. That company is Blazevic Funding Group http://www.blazevicfunding.com/ and they need to be recognized. Not only are they getting deals financed for investors, which by the way, is critically important to keep the heartbeat of our economy going, they are working with homebuyers as well. THAT'S WHAT I AM TALKING ABOUT! Here is a company in the middle of a doom-and-gloom economy and they are working with both sides to keep deals flowing! We should all be looking for ways to keep deals flowing.
I have had the chance to speak with them and they have great attitudes, even when things aren't going great. They have that "twinkle" in their eye (no, I haven't spoken to them in person) but you just get a sense from the folks at Blazevic that they know what they are doing and they are confident in their abilities and their role in the market place. Those are the kind of people that I need to rub elbows with on a regular basis.
So many individuals and companies are now fearful of becoming over leveraged or are worried that the market will go down even further. When you surround yourselves with the experts in the industry, you don't have to second guess every decision. You already have a team of professionals watching out for you and working with you to make sound decisions. These companies are out there, just talk to them and you will hear it in their voice and see it in their mannerisms. You will either hear scarcity, or abundance, but it is unmistakable.
If you are not sure what I am talking about, take a moment to listen for yourselves to see if you can "feel" the difference. Look them up online and just strike up a conversation with them. They are here for the long haul and they have a great outlook.
http://www.blazevicfunding.com/
Happy Investing!
Rob
http://www.LocalRealEstateDeals.com
I am also amazed at the lack of understanding about hard money. I know that I have some pretty strong opinions about many things, but it is in my humble opinion, that it is private money and hard money that is going to get us out of this mess, not institutional money.
Even among hard money lenders, the field isn't level. There are just as many good companies as there are bad ones, but I have, as I usually do, stumbled across a company that is not only leading the way, they are a major part of the solution. That company is Blazevic Funding Group http://www.blazevicfunding.com/ and they need to be recognized. Not only are they getting deals financed for investors, which by the way, is critically important to keep the heartbeat of our economy going, they are working with homebuyers as well. THAT'S WHAT I AM TALKING ABOUT! Here is a company in the middle of a doom-and-gloom economy and they are working with both sides to keep deals flowing! We should all be looking for ways to keep deals flowing.
I have had the chance to speak with them and they have great attitudes, even when things aren't going great. They have that "twinkle" in their eye (no, I haven't spoken to them in person) but you just get a sense from the folks at Blazevic that they know what they are doing and they are confident in their abilities and their role in the market place. Those are the kind of people that I need to rub elbows with on a regular basis.
So many individuals and companies are now fearful of becoming over leveraged or are worried that the market will go down even further. When you surround yourselves with the experts in the industry, you don't have to second guess every decision. You already have a team of professionals watching out for you and working with you to make sound decisions. These companies are out there, just talk to them and you will hear it in their voice and see it in their mannerisms. You will either hear scarcity, or abundance, but it is unmistakable.
If you are not sure what I am talking about, take a moment to listen for yourselves to see if you can "feel" the difference. Look them up online and just strike up a conversation with them. They are here for the long haul and they have a great outlook.
http://www.blazevicfunding.com/
Happy Investing!
Rob
http://www.LocalRealEstateDeals.com
Wednesday, August 12, 2009
Special Invitation available through Local Real Estate Deals Invitation Only
This is a special invitation to a private buying opportunity that is NOT available to the public:
PREMIUM "GO ZONE" BUYING OPPORTUNITY NEAR BILLION-DOLLAR MEGA PROJECT
========================================
Tuesday, August 18th, 6pm PST (9pm EST)
This link will take you to the deal overview and conference call number:
http://maverickinvestorgroup.com/deals/tarabrooke
To access the call: You must RSVP by using the discount code: "MIG LRED"
========================================
On August 18th, you will have the opportunity to make one of the most important financial decisions of 2009.
Four years ago Congress passed the most extraordinary tax incentive for real estate investors in the history of the United States that offered a 50% first year bonus depreciation for buying new rental properties in Gulfport, Mississippi as part of the "GO-Zone". But it all expires this year. Properties must have construction finished in 2009 in order to qualify so reservations have to be in by the end of August.
Amazingly, Gulfport just broke ground last month on a multi-billion dollar project to expand the Port of Gulfport to be the largest container port in the country! This will create 6,500 direct jobs plus 10,000 indirect jobs. And you can get exclusive access to a private buying opportunity featuring a premium subdivision in Gulfport with prices and terms not available to the public.
You will have the opportunity to buy in the tail end of a subdivision that is already about 80% filled-up with primary homeowners. The preferred property management company will guarantee you a tenant the day you close or they will pay you rent for up to 60 days until a tenant is found. And you can get over $70,000 in first year depreciation per property as part of the GO-Zone benefits.
Access is by invitation only. It all goes down on AUGUST 18th.
Click for deal overview and conference call number: http://maverickinvestorgroup.com/deals/tarabrooke
YOUR TICKET IN IS REGISTERING BY USING THE DISCOUNT CODE: "MIG LRED"
*Licensed Agents and Brokers: We pay a full 3% referral for every buyer that closes.
Happy Investing!
Rob
Wednesday, July 29, 2009
Real Estate Investing (Back to Basics)
I happened to stumble across a blog yesterday that was addressing all the great deals that were on the market. While I too tend to talk about all of the deals on the market, I forget, as we all seem to do that an appealing deal for one person, might be a money pit for the next person.
Sure, there are a lot of foreclosures on the market, and there are a lot of houses with equity on the market right now, but they don't automatically constitute a deal. The truth is that only YOU can determine if a deal is the right one for you. And the only way that you can be sure is to have a set of criteria that you use to evaluate each deal, that is tied directly to a goal that is defined in a business plan. So you see, all those deals out there might not actually be good deals for what you are trying to accomplish.
Make sure you didn't miss the part about having a set of criteria that you use to evaluate each deal. I completely enjoy the academic exercise of figuring out business systems and criteria. When you are done with the exercise, you are left with a keen sense of what it will take to keep moving forward at a sustained rate...and don't get me going about the sustainability of business plans...that is a whole topic in and of itself.
Alright folk, that's about all for now...Take care and happy investing.
Robert D. Cass
http://www.LocalRealEstateDeals.com
Sure, there are a lot of foreclosures on the market, and there are a lot of houses with equity on the market right now, but they don't automatically constitute a deal. The truth is that only YOU can determine if a deal is the right one for you. And the only way that you can be sure is to have a set of criteria that you use to evaluate each deal, that is tied directly to a goal that is defined in a business plan. So you see, all those deals out there might not actually be good deals for what you are trying to accomplish.
Make sure you didn't miss the part about having a set of criteria that you use to evaluate each deal. I completely enjoy the academic exercise of figuring out business systems and criteria. When you are done with the exercise, you are left with a keen sense of what it will take to keep moving forward at a sustained rate...and don't get me going about the sustainability of business plans...that is a whole topic in and of itself.
Alright folk, that's about all for now...Take care and happy investing.
Robert D. Cass
http://www.LocalRealEstateDeals.com
Tuesday, July 28, 2009
Real Estate Investing (Tour de France Style)
One of the most incredible sporting events has just come to pass and it held up to all of its usual glory. I am talking about the Tour de France, of course.
Many Americans do not completely understand the complex nature of cycling, never mind the mind-boggling, gut-wrenching, 3 week race in France every year. If you happen to watch it on tv at any given time, it just looks like a bunch of world class athletes riding their bikes all together. That is on the surface, but what is going on in the minds of those men is nothing short of amazing.
There is so much strategy and so much going on that you can't even begin to see everything that is going on. One of the things that strikes me most is that not everyone is there to win the tour. There are different races inside of the race and you have to be on your toes to know who is interested in what and why.
Lance Armstrong always has his sites on the podium when he goes into the tour, but there are others whose goal is to win as many stages as possible. These riders have no desire to win the overall race, just individual stages of the race.
This is not so different from Real Estate Investing...There is so much going on at any given time, that we need to know our game plan and stick to it. Even in this economy there is so much opportunity that it can be a distraction at times. That is why it is important to know which opportunities are real and which ones are not. Conversely, it is important to know the real threats when they present themselves and which ones are not worth responding to. Being able to distinguish the difference is a matter of reaching your goals or not, it is also the sign of the consummate real estate professional. When you worry about threats that are not real, or chase opportunities that are not leading you to your desired goal, you are wasting precious energy and risk losing it all.
Know what race you are in and why it is important to you. Study the competition and understand the real threats to your business. Don't rely on the spectators to tell you what the real threats and opportunities are for your business. Real estate is all about mental strategies and physical execution; not unlike the Tour de France.
Stay the course and remain focused. Healthy Investing!
Rob
http://www.LocalRealEstateDeals.com
Many Americans do not completely understand the complex nature of cycling, never mind the mind-boggling, gut-wrenching, 3 week race in France every year. If you happen to watch it on tv at any given time, it just looks like a bunch of world class athletes riding their bikes all together. That is on the surface, but what is going on in the minds of those men is nothing short of amazing.
There is so much strategy and so much going on that you can't even begin to see everything that is going on. One of the things that strikes me most is that not everyone is there to win the tour. There are different races inside of the race and you have to be on your toes to know who is interested in what and why.
Lance Armstrong always has his sites on the podium when he goes into the tour, but there are others whose goal is to win as many stages as possible. These riders have no desire to win the overall race, just individual stages of the race.
This is not so different from Real Estate Investing...There is so much going on at any given time, that we need to know our game plan and stick to it. Even in this economy there is so much opportunity that it can be a distraction at times. That is why it is important to know which opportunities are real and which ones are not. Conversely, it is important to know the real threats when they present themselves and which ones are not worth responding to. Being able to distinguish the difference is a matter of reaching your goals or not, it is also the sign of the consummate real estate professional. When you worry about threats that are not real, or chase opportunities that are not leading you to your desired goal, you are wasting precious energy and risk losing it all.
Know what race you are in and why it is important to you. Study the competition and understand the real threats to your business. Don't rely on the spectators to tell you what the real threats and opportunities are for your business. Real estate is all about mental strategies and physical execution; not unlike the Tour de France.
Stay the course and remain focused. Healthy Investing!
Rob
http://www.LocalRealEstateDeals.com
Monday, July 27, 2009
Italian Cooking for Real Estate Invesors
I am just beginning to appreciate the subtleties of my heritage and how it applies to real estate and real estate investing.
As I was making tomato sauce for dinner this evening, it occurred to me that real estate is going through the same process that makes the best tomato sauce...reduction is the key word here.
I remember how amazed I was the first time I made my sauce from scratch, particularly, how much water is really in each tomato. It used to baffle me as to why my Nana would have to cook all day to make tomato sauce for all of the dishes she was cooking. The longer that you simmer your sauce, the richer the flavor and the more the flavors combine to give a full, rich taste.
The real estate market is doing the same thing right now. The market is simmering and has been simmering for some time. Too much heat ruins things...the key is to manage the heat and keep it at just the right temperature. The problem is that the real estate market was so hot for so long that it burned out. The same thing will happen to your sauce if you don't manage the heat...it will eventually burn.
Ok, this simmering effect has had its effect on the real estate population as well. While reduction in cooking removes all of the unnecessary water, the simmering in our industry has removed a lot of unnecessary middle men. What we are left with are the parts that make a rich flavorful, (wait we are talking about real estate)...what we are left with are the real estate professionals that are focused and driven to provide the best service in the market. The end result is a richer, more robust real and meaningful estate experience.
So while this may be a tough time for a lot of people, what we are going to end up with is a much better, cleaner, more efficient industry than before this happened. This simmering is a natural process that tends to bring out the best of the best...and YOU are one of the best.
Congratulations...Healthy Investing!
Rob
http://www.LocalRealEstateDeals.com
As I was making tomato sauce for dinner this evening, it occurred to me that real estate is going through the same process that makes the best tomato sauce...reduction is the key word here.
I remember how amazed I was the first time I made my sauce from scratch, particularly, how much water is really in each tomato. It used to baffle me as to why my Nana would have to cook all day to make tomato sauce for all of the dishes she was cooking. The longer that you simmer your sauce, the richer the flavor and the more the flavors combine to give a full, rich taste.
The real estate market is doing the same thing right now. The market is simmering and has been simmering for some time. Too much heat ruins things...the key is to manage the heat and keep it at just the right temperature. The problem is that the real estate market was so hot for so long that it burned out. The same thing will happen to your sauce if you don't manage the heat...it will eventually burn.
Ok, this simmering effect has had its effect on the real estate population as well. While reduction in cooking removes all of the unnecessary water, the simmering in our industry has removed a lot of unnecessary middle men. What we are left with are the parts that make a rich flavorful, (wait we are talking about real estate)...what we are left with are the real estate professionals that are focused and driven to provide the best service in the market. The end result is a richer, more robust real and meaningful estate experience.
So while this may be a tough time for a lot of people, what we are going to end up with is a much better, cleaner, more efficient industry than before this happened. This simmering is a natural process that tends to bring out the best of the best...and YOU are one of the best.
Congratulations...Healthy Investing!
Rob
http://www.LocalRealEstateDeals.com
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