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Brian Page BNB Formula Review

by Jarad 4 Comments

I’m excited you’re here because you’ve been researching and seeing a lot of reviews and information on Brian Page’s Airbnb formula, but you’re having a hard time deciding whether or not to pull the trigger.

Brian Page Airbnb FormulaI mean EVERYONE is going to tell you how perfect this business is…

But what about in the real world.

Does this work? Is this for real? Is it easy to get started? Can I make money with this in my area? What is Brian providing that I can’t figure out on my own?

Well, I’m going to be very frank here.

This product is NOT for everyone… [Read more…] about Brian Page BNB Formula Review

Filed Under: Real Estate Training

Working Directly with REO Listing Agents

by Jarad 1 Comment

Working with REO Listing Agents

Like previously mentioned, working with REO listing agents is a big deal. The best situation is to find a lock box on the door with no “For Sale” sign.

Listing AgentThis is a good indication that the home is vacant and the listing is still pending. There is no “For Sale” sign yet because the REO listing agent doesn’t have the listing yet.

So you have a few weeks, while the property is in transition, to contact the REO listing agent, and let them know you are interested in making an offer.

Now, before you call the listing agent, you need to make sure you know what the value of the property is and what you are willing to offer.

I will go through all this later… [Read more…] about Working Directly with REO Listing Agents

Filed Under: Foreclosure, REO - Bank Owned Properties Tagged With: REO listing agents

Loan modification on first but not home equity line of credit. Can they still foreclose?

by Jarad Leave a Comment

Loan modification on firstQuestion:  I have a first and a home equity line of credit. Payments stopped being made on both of them almost one year ago. However, I applied for a loan modification on both, and due to a bank error, only the first was modified. The equity line was sent to a collections agency. I am in the final stages of modification on the first. If my first is modified, what happens to the equity line of credit? Can they still foreclose?

Answer:  – The answer is Yes. Your second mortgage can still foreclose if you don’t make your payments. The first mortgage has nothing to do with the 2nd mortgage unless it’s with the same bank. For some reason, it seems as though some homeowners think that if they don’t pay the 2nd it will just disappear. So they keep paying the first mortgage and forget the 2nd. Well eventually they will foreclose. [Read more…] about Loan modification on first but not home equity line of credit. Can they still foreclose?

Filed Under: Loan Modifications

Making your offer to the bank

by Jarad Leave a Comment

Preparing to make your offer to the bank

Once you have found that perfect REO “bank owned property”, you need to prepare to make your offer.

making offer to bankSo let’s recap… When you find a property with a lock box and no “FOR SALE” sign, the first thing you need to do is research.  You need to know who owns the property and what it’s worth so you know what to offer.   If you need help, re-read the previous sections on determining value, estimating repairs, and what to offer. [Read more…] about Making your offer to the bank

Filed Under: Real Estate Training, REO - Bank Owned Properties Tagged With: making offer to bank, writing offers on real estate

Understanding Your Market

by Jarad Leave a Comment

Understanding Your Market

Finding-PropertiesAs you start to get in this game, on of the first things you need to understand is your market and who you are targeting. This is important because you want to give yourself the best chance or opportunity to make money. So knowing your market can help you sell more real estate.

All markets throughout the country are different. But that’s ok, the important thing is to know what types of properties to target. For now, you want to target entry level homes in good neighborhoods. The reason is simple. More buyers. [Read more…] about Understanding Your Market

Filed Under: REO - Bank Owned Properties Tagged With: understanding your market

Best Way To Find Real Estate Deals

by Jarad 2 Comments

The Best Way to Find Real Estate Deals

magnifying-glassThere are several different ways you can find REO’s or bank owned properties. I personally don’t use all of them, but wanted to share with you some of the different ways to find great real estate deals. After I get through these, I will share with you what I have been doing lately to find some amazing deals.

The first way to find properties is through hud.gov (http://www.hud.gov./homes/homesforsale.cfm). This is a website which gives you information at your fingertips. You will be able to find foreclosure listings from: [Read more…] about Best Way To Find Real Estate Deals

Filed Under: Wholesaling Tagged With: best way to find real estate deals, reo listing agent

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We review products from time to time and receive compensation from the companies whose products we review. We review each product thoroughly and give high marks to only the very best. We are independently owned and the opinions expressed here are our own...

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