Foreclosure Archives - Strategic Real Estate Coach

Tag: Foreclosure

Multiple Levels of Seller Motivation

Believe it or not, there are multiple levels of motivated sellers. In other words, there are sellers who are more motivated to sell investment properties than others. Which also means there are other levels of sellers who aren’t as motivated, but are you hitting up all of them with your marketing? I set up a… Continue Reading

4 Tips for Getting Bank Owned Investment Properties Cheap

You don’t always have to buy investment properties from banks, but when you do you want to get them for as cheap as possible, right? I know I do, and I know that when I first started out I didn’t have the easiest time getting properties from the bank at discounted prices. And then the… Continue Reading

5 Ways to Fund Real Estate Investments

Understanding how to fund a deal is as crucial as finding it in the first place, and funding real estate investments continues to be a major challenge. It may be simply because investors are not aware of the numerous financing avenues that exist. There is a big misconception that you need a lot of money to… Continue Reading

7 Steps to Searching for Comps

Today I wanted to talk to you about an important piece of the real estate investing puzzle that a few of our students and subscribers have had questions about – Comparative Market Analysis’. You can use these when finding new deals to see if they are in a good area and will sell quickly and… Continue Reading

7 Free, Offline Ways to Find Killer Deals

As a serious, full-time real estate investor, you need to constantly have your feelers out for new methods to find good deals. I can almost guarantee that you won’t be able to find a sufficient amount of deals just by looking on Zillow.com and your local MLS. There are a ton of different ONLINE methods… Continue Reading

10 Step Marketing Funnels for Motivated Sellers

I can’t believe it’s been over 10 years now since I’ve been mentoring other students on how to become a successful real estate investor. I’ve done countless webinars, live coaching classes, video trainings, podcasts, blog posts and spoken at multiple live events. I have seen the market shift and the main questions I get asked… Continue Reading

4 Tips to Having the Competitive Advantage in Your Market

I think it’s safe to say that it’s officially a seller’s market right now. We are in the days of… Multiple Offers Bidding Wars Lotteries for Offers Prices Skyrocketing 2014 and 2015 were years of recovery, but it seems that 2016 is the year of growth in the housing market. All statistics show that this… Continue Reading

7 Insider Tips to Finding Off-Market Properties

The game has changed – once again – and the competition is huge. In order to stay ahead of your competitors and keep on top of your market, you have need to have a comprehensive package and automated business set up for yourself. You have to have a competitive edge – so what does this… Continue Reading

4 Proven Ways to Still Get Good Real Estate Deals in Competitive Markets

Those of us competing for real estate deals realize it is currently a seller’s market. With property inventory levels getting low, even in places in the Midwest, the competition lately seems even higher than we’re normally used to. Investors are traditionally a competitive bunch by nature. The ability to outmaneuver competitors while picking up… Continue Reading

4 Simple Steps to Profits in Tax Sale Overages

Today I want to talk to you about a topic not many people are too familiar with – tax foreclosures and a little known niche in the real estate industry called “overages.” When a property is in foreclosure, it’s usually there for one of two different reasons: The homeowner is not paying their mortgage and… Continue Reading

The Key to Finding Good Deals on Off-Market Properties

What Exactly Does Off-Market Mean? Off-market properties are ones that you find that are NOT listed in the MLS database. These are typically harder to find and require hard work and marketing. BUT have no fear – I am here today to show you the secrets of finding these hidden gems. The Fundamentals If you… Continue Reading

How to Find Off-Market Properties to Keep You from Going Extinct

As I’m sure you know, the real estate market game is changing. Thousands of new investors are jumping in every second to swipe the good deals in your market right out from under you. The more competition grows, the more you need to stay on top and adapt to the ever-changing strategies. Some of your… Continue Reading

How to Start Your Week with a Plan for Success

About ten years ago, I was just a guy with a vision for a fixer-upper I wanted to buy and flip. I hated my job. I worked a lot of nights and weekends as a financial planner. I had a six figure income, but I was basically broke living commission check to commission check. So… Continue Reading

Never Have to Ask “How Do I Find Good Deals?” Again

The Direct Deal Formula This week I had the privilege of sitting down Jason Lucchesi, a former student of mine and founder of a real estate investing training and coaching company called Global Fortune Solutions that he’s been running since 2008. Jason has since flipped hundreds of properties using what he calls his “Direct Deal… Continue Reading

How You Can Become an Expert Real Estate Investor

Win a FREE iPad Mini 2 Here’s the scoop – do you subscribe and listen to our podcasts? Do you like what you hear and learn? Awesome, then leave us a 5 star review on iTunes! Reading your reviews keep us motivated to bring you the best free, education content that we can. Once… Continue Reading

The Real Estate Investing Game Has Changed… Quickly!

Competitive Advantages In my last blog post, I covered a game-changing topic involving motivated sellers and off market properties. I also invited you to join a free master class with myself and my buddy, Kent Clothier. As I mentioned, Kent has been a full-time real estate investor since 2003. He is truly an innovator – in… Continue Reading

55 Simple and Powerful Ways to Find Killer Real Estate Investments

Ever wish there was a manual that you could go through that would show you all the ways that my team and I find our great real estate investment deals? Perhaps a book that included links to the sites we use, details on each and even some real life case studies? Well guess what –… Continue Reading

Are You Ready to Receive the Keys to the Ship?

Have you been using the 21 simple and FREE online methods to find great real estate investments I told you about last week? You should be! If you missed it you can download and listen to it here. If you have access to the internet, there’s no reason why you shouldn’t be browsing those… Continue Reading

How to Find Off-Market Properties to Flip

Want to get into the real estate investing game? Here’s what you need to know about how to find off-market properties to flip. Does it seem like every other investor out there has the magical ability to find off-market properties to flip? You can learn to do this, too. As a real estate investor you should… Continue Reading

Buying and Selling HUD Homes

So you’ve signed up for our free HUD Homes webinar with myself and my buddy John Cochran, now what? Let’s get back to basics for a minute. You might be asking yourself “Josh, what exactly IS a HUD home?” A HUD home is a 1-to-4 unit residential property acquired by HUD (Housing and Urban… Continue Reading

Notes, Mortgages, Operating Agreements, and Corporate Structure Q & A – Here’s What You Should Know

Want a fast tutorial on the basics of running a real estate investment company? Learn what the experts are saying. There’s no time like the present to find out how the nation’s top real estate investment companies are being run. What’s the secret to their success? Leading professional investors and transactional real estate attorneys discuss… Continue Reading

[Best News Ever] All the funding you need for all the deals you want

I just put up a new video on the Freedom Funding Blog. Have you enjoyed the 2 previous videos we put up? There’s over 1,000 comments on the blog so I figured someone has to be enjoying it…. The video is called “Asset Based Lending.” When you watch it you’ll learn how we lend and… Continue Reading

Strategic Real Estate Investing Radio: HUD Flipping Case Study: Sandstone Ridge Initial Walk Through and Punch List

Over the next couple days I’ll be teaching you all about how to Buy and Flip Government Foreclosures. And I’ll be using another real world case study at 242 Sandstone Ridge Way as my next Case Study. Check out this podcast of my initial walk-thru of 242 Sandstone Ridge Way. My offer was accepted at… Continue Reading

Strategic Real Estate Investing Radio: Finding super deals in real estate investing with Josh Cantwell

Josh calls in live from the floor of the 40k Flips Summit, and shares some of the ways his top students are finding super deals in the changing Real Estate Investing market across the US. [powerpress] Also – Daren Blomquist, VP or Realty Trac discusses their freshly issued Foreclosure Statistics report, as well as their… Continue Reading

Real Estate Investor Training

You probably won’t find too many college courses based on real estate investor training. What you will find is a class that will show you the facts about real estate investor training, the math side of it, and the business side of running a successful operation. The true ins and outs of real estate investing… Continue Reading

Real Estate Coaching on Government Foreclosures & HUD Homes

Have you ever flipped a government foreclosure? Do you know what a HUD home is? Do you need Real Estate Coaching? Well in this training video I explain EXACTLY what a HUD home is, how the government forecloses on homeowners, how these properties go to auction, how to buy them once they are HUD homes… Continue Reading

Online Real Estate Courses – Starting Now!

Click Here to Join 40k Flips! In This 7 Week Ground Breaking Online Real Estate Course Live Coaching Workshop, You Will Discover How To…- Build An Automated $40,000 Flipping Business with The Most Powerful BIG PROFIT Training & Coaching Program We Have Ever Created. Use The “Done For You” Capital Raising System & 27 Unknown… Continue Reading

Real Estate Coaching on HUD Homes

Have you ever flipped a government foreclosure? Do you know what a HUD home is? Well in this training video http://www.youtube.com/watch?v=ZRtJiT0USM0 I explain EXACTLY what I HUD home is, how the government forecloses on homeowners, how these properties go to auction, how to buy them once they are HUD homes and WHY THEY ARE SO… Continue Reading

The Facts about House Flipping

The art of flipping a house for profit has been around for years yet it is only the past 15 or so that it has skyrocketed. The interest behind house flipping has generated websites, seminars, classes, and even training groups designed to help the general public learn how to flip a house successfully. In reality,… Continue Reading

5 Groups Of Homebuyers Flooding The Housing Market

1. Traditional, entry level buyers – They have been waiting out the housing market downturn from 7 years ago. For this group, if they can provide the proper documentation, they can get a mortgage. 2. & 3. Move up and move down buyers – These buyers had a mortgage a long time ago, and now… Continue Reading

Profits Coming In A Month: Melody Lane Rehab Winding Down

We’re just a few weeks from putting this house on Melody Lane on the market. This is another Fannie Mae bank-owned foreclosure that we are rehabbing. We’ve done a lot of work in this house, but when it’s done, it will be move-in ready for the new owners. We completely redid the bathrooms and kitchen,… Continue Reading

Countdown To Profits: Property Launch Just A Few Weeks Away

I’m back at the house on Bailey Road in Cuyahoga Falls, OH that we purchased for $31,000. It was a Fannie Mae bank-owned foreclosure, and I bought it using none of my own cash or credit. The house needed a lot of work, but much of it just cosmetic. Our rehab budget was $22,000, and… Continue Reading

Help Homeowners Avoid The Loan Modification Trap [InfoGraphic]

Most loan modification programs focus on making payments affordable for the short term instead of reducing the borrower’s principal to eliminate the burden of negative equity (when what is owed on the house is more than its value). What is a Loan Modification? According to HUD, a loan modification “is a permanent change in… Continue Reading

Fannie Mae To Directly Approve Short Sales

Having successfully completed over 58,000 short sales in 2012, Fannie Mae announced that they are taking additional steps to speed up the short sale process and help troubled homeowners avoid foreclosure. They will do this through their newly introduced HomePath for Short Sales tool, which is designed to help overcome common short sale challenges. Available… Continue Reading

Nearly 800,000 Foreclosures Completed in 2012

The national rate of foreclosures continues to slow, which is a strong indicator that the ailing housing market is starting to heal. “The rate of foreclosures continues to trend down, albeit at a slower rate as we exit 2012,” said Anand Nallathambi, president and CEO of CoreLogic. “This trend should continue into 2013 and is… Continue Reading

Home Ownership Possible After Foreclosure or Short Sale

There’s a new term in real estate to know – boomerang buyers. This is the term the Wall Street Journal has coined for people who have gone through a foreclosure or a short sale and are ready to be a homeowner again. They have come through the rough patch and are back in the market…. Continue Reading

Rate of Foreclosures Reaching New Lows

The number of foreclosures happening across the country has reached a new, five-year low last month. This includes notices of default, auctions and bank repossessions. The number was down 7% from the previous month and 16% year over. Still up in the air is whether another wave of foreclosures will hit the market, as many… Continue Reading

Flipping Houses Gaining Popularity

I’ve been telling you for months and months that there is a huge opportunity in the housing market now thanks to a flood of distressed properties on the market. The opportunity lies in buying low, rehabbing the house and selling it for a big profit. That strategy is gaining popularity, as evidenced by the recent… Continue Reading

Foreclosures Down in September, Hit 5-Year Low

The latest foreclosure numbers are out, and the month of September showed the lowest rate of foreclosures since July 2007. It was the second month in a row that the numbers were down, following three months of increases. Year-over-year numbers for September showed a 16% drop, with the biggest declines in the states hardest hit… Continue Reading

Foreclosure Starts in the Northwest Down in August

According to ForeclosureRadar, foreclosure starts were down during the month of August in Washington, Nevada, Arizona, California and Oregon. Oregon’s drop was huge – nearly 81%, while Washington actually went up by 35%. Sales of foreclosed homes also dropped or remained flat, with Nevada leading the way with an 18% drop and Washington seeing a gain… Continue Reading

Short Sales On The Rise Again

Great news for real estate investors who focus on short sales – they are on the rise again. Banks are turning to short sales more and more so they can get around the long process of seizing, maintaining and then trying to sell homes through foreclosure. The pace of new foreclosures has slowed slightly, but… Continue Reading

My Life in Real Estate – Live Action Short Sale

In this short video I am just leaving a house that my Freedom Team and I will be doing a short sale on. It’s in an affluent neighborhood, the owners owe $550,000 on the house and have a lien on it for $200,000. The house is worth about $350,000-$400,000. Watch to find out how our… Continue Reading

Everything You Ever Wanted To Know About Buying & Selling HUD Homes

Buying HUD properties is a simple, fast way to make consistent profits – quickly putting thousands of dollars in your pocket over and over again. Before we find out some of the tips to working with HUD properties, let’s define what a HUD property is. A HUD property is one that used to have an… Continue Reading

Government Considers Eminent Domain for Foreclosures

There is another great housing foreclosure debate raging in governments – this time over the issue of eminent domain. Some local governments are throwing around the idea of condemning mortgages through eminent domain. It would work like this – a town or county “would seek court approval to pay a ‘fair market’ value to a… Continue Reading

Foreclosure Errors Cost Banks $125,000… or $15,000… or…

Late last year, banking regulators set out to put a price on foreclosure errors for victimized homeowners. It’s going to cost banks $125,000. Or maybe $15,000. Or perhaps just $500. Pretty clear, huh? How is the actual amount determined? The regulators finally released their “framework” of possible outcomes from 13 different mortgage servicing “errors.” Each of… Continue Reading

Home Prices Up For First Time Since 2007

According to Zillow, single-family home prices are up over 2% from the first quarter of this year, and .2% annually, showing an increase for the first time in five years. Interestingly, the housing recovery seems to be underway despite sluggish job growth, indicating some measure of organic growth. According to Zillow Chief Economist Stan Humphries, the… Continue Reading

Former Goldman Exec Starts Foreclosure Fund

Donald Mullen, former executive at Goldman Sachs is attempting to raise $500 million for a fund to buy foreclosures. The goal is to rent the homes. Mullen is one of the brains behind the subprime mortgage trade. He began marketing his Fundamental REO Access cause about a month ago, in some cases to some current… Continue Reading

3 Ways To Fund Your HUD Home Purchases

Lately I’ve been telling you about some incredibly easy yet profitable ways to purchase HUD homes for pennies on the dollar. This is a tool that every smart real estate investor should have in their arsenal because it’s a great way to generate consistent profits – there is no shortage of HUD homes to purchase…. Continue Reading

HOPE NOW Releases May Short Sale Numbers

According to Faith Schwartz, executive director of HOPE NOW, short sales are drastically helping their overall foreclosure prevention efforts. The month of May brought nearly $38,000 completed short sales, bring the program’s total to over 900,000. In addition, 63,000 homeowners received permanent, affordable home loan modifications, with more than 17,500 through HAMP and 45,000 through proprietary… Continue Reading

FHFA Keeps REO Pilot Program Moving Forward

In February, the Federal Housing Finance Agency started a pilot program to solicit bids from qualified investors to buy 2,500 single-family Fannie Mae foreclosed homes. The sale pools were offered in geographically concentrated areas around the country. Investors were thoroughly vetted in a rigorous evaluation process on several factors, including financial strength, asset management experience,… Continue Reading

63,000 Foreclosures Completed in May

According to the monthly numbers released by CoreLogic, the number of foreclosures completed in May 2012 was 63,000, up from 62,000 in April but down from 77,000 one year ago. Since September 2008, the start of the current financial crisis, 3.6 million foreclosures have happened across the country. This number represents the number of… Continue Reading