My Resignation from REI
Preview:
Hey gang, I probably should have done this a few months ago, but I just wanted to let everyone know that I am in no longer affiliated with RealEstateInvestor.com in any way. I really enjoyed my time with the company and getting the chance to work with all of the great people in this community.
Additionally, my fiance Angela who ran REI's customer service, is no longer with the company either. She stuck around for months after I did to make sure to help out the valued customers, but it became clear that it is time... continue reading >>
New Website Release! Faster Upload and New Features. Let Us Know What You Think!
Preview:
It has been a long time coming, but we are proud to have brought you a new website release this past weekend. While on the surface the site probably looks much the same as it used to, underneath much has been changed. We realized that we were having performance issues so we went back to the drawing board and rebuild much of the site's code from the ground up. We hope that you find the website faster to use and you want to spend even more time hanging out on REI with all of your real estate... continue reading >>Public Speaking - How to Persuade an Audience
Preview:
They say that public speaking is one of the biggest fears that people have. I have even heard that in polls it ranks up there with being burned alive. After years of going through the cold sweats and stumbling over my words I now feel confident about my speaking. I have realized the high value in communicating to people in groups, specifically to persuade individuals to take action.
There are plenty of theories out there that explain how to be persuasive. I even read (part of) a book by Dale Carnegie on how to be an effective speaker that... continue reading >>
How to Write a Perfect Hardship Letter
Preview:
After assembling over a hundred short sale packages I have found that more than any other document the hardship letter can help make or break a short sale. While banks care most about dollars and cents, it is important to remember that the package will be reviewed by an individual loss mitigator. Like the rest of us, this loss mitigator is a real person with real emotions who cannot help but be influenced by a sincere story of hardship.As a real estate short sale investor working with pre-foreclosure clients your job is to coach the homeowner to create a... continue reading >>
How to Influence the BPO
Preview:
The broker’s price opinion (BPO) is the value the lender believes a property is worth based upon an appraisal done when a short sale is initiated. The BPO is generally not done by a regular appraiser, but rather a real estate agent or other professional working for the lender. The good news is that with some know-how and a little bit of people skills you are able to help determine that the BPO amount is returned as low as possible. As the real estate market gets softer and softer, influencing the BPO has quickly gone from a little known... continue reading >>
Real Estate Investing Industry
Preview:
OverviewWhile real estate is experiencing one of the largest downturns in recent history, it is important to understand that this creates an ideal situation for real estate investors. Industry problems such as record high foreclosures cause serious issues for realtors and mortgage lenders, but they create an absolutely ideal situation for investors poised to relieve banks and homeowners by purchasing properties at discounted rates. In a down market, well-informed investors are able to capitalize on trends such as increased rental occupancy rates or the high number of abandoned houses. While the current market situation creates additional options for investors,... continue reading >>
Help us out, earn some points
Preview:
The best way to make this community better is to add more investors.The best way to get more investors on here is to show up in the search engines.
The best way to improve our performance in search engines is to have quality links to the site.
Likely the most important website for REI or any site to be listed on in order to do well on search engines is called DMOZ.org This is a directory of sites that is managed by people and it is important because several search engines use the sites on dmoz when returning... continue reading >>
Excellent Search Engine Video for Investors
Preview:
I just watched an awesome video about how real estate investors can use google and yahoo to create motivated seller leads in their local markets. To watch the video go to...http://rehablist.infusionsoft.com/go/banditsignsce/Cegbert
(You do need to enter your name and email, but I think it is worth it)
The video covers:
+ The basics on how search engines work and you should be utilizing them
+ Why you need to FOCUS your efforts on local search
+ How you can dominate you local market by owning the search engines
This is an approach that helped us get both... continue reading >>
Official Community Rules
Preview:
Rules of the REI Community1) No Solicitation- SPAM is not acceptable and there is absolutely no MLM (multi-level marketing) permitted. Your first contact with an REI Member should never be a copy-and-pasted promotion. If you send other users unwanted sales pitches then your profile will be deleted.
2) Be Respectful- We will NOT tolerate any hatred, profanity, nudity, or stalking. Please help out by reporting any inappropriate postings by other members. Our community is 18 and over on purpose so please ony contribute positively. ... continue reading >>
Doing Whatever It Takes
Preview:
Every entrepreneur alive is all too familiar with the challenges and struggles that come with trying to bring a business to life. While new ideas and opportunities help keep the juices flowing, business owners must concurrently battle the relentless problems of their existing operations. It is safe to say that owning a company is not for those timid souls with a fear of failing. In fact, I would venture to say that one’s attitude about the inevitable struggles is one of the largest determining factors of whether or not success is achieved. The path to greatness... continue reading >>