Wednesday, January 28, 2009

Give Up.....NEVER!!!

Give Up……Never!!!
Hello Everyone,
It has been a while since I have emailed you and I apologize for that. It is not because I have given up on Real Estate, for I am a bigger believer in Real Estate now than when Stephanie and I were featured on Ron LeGrand’s Infomercial.
There are several challenges to get over right now with Real Estate.
Let me list a few:
1. Using banks to finance real estate.
2. Buyers are fewer now.
3. Finding Private Lenders
4. The Stock Market
5. The Financial Market
6. Deals are harder to find
Let’s start with the first one.
We have never used banks to finance our Real Estate Investments. Why start now!
The second one.
Buyers who can purchase today are fewer, I will agree. This is because of a few reasons. The banks have tightened up so much that you have to be squeaky clean to get financed today. Ok, I agree, they did need to tighten up, but what they have done is basically shut off the flow of money.
I could go on and on about the banks and how they have and are ruining our economy and the world economy, but that is for another discussion. We actually did get two separate buyers financed recently! So it can still happen. It just takes a little more work on our part to make sure it does.
Number Three.
I hear so often from Investors, “ I can’t find any Private Lenders”. Oh come on!!! People are dying in the Stock Market!!! They are LOOKING for somewhere to put their money and make anything more than what the banks or Wall Street are offering…by the way a friend of mine told me the other day, do you know why they call it Wall Street? It’s because they kicked the Investors out on the street and the Brokers have their backs against the Wall, thus, Wall Street.

Number Four.
While the Investors on Wall Street crash and burn, we are out there making the best of a bad thing. Remember, fortunes are made during times of chaos. The demise of the Stock Market is the Holy Grail to Real Estate Investors. These Investors are looking for somewhere to go put their money and get a return. Think about it, they buy a stock and get a worthless piece of paper. They become Private Lenders and they get a Mortgage, Promissory Note and are named on the Insurance Policy for a piece of Real Estate. This is something that is real, not a piece of paper!
Number Five.
While the financial market is in turmoil, again we are in position to make fortunes. Ok, I will give you the fact that our buyers cannot easily get financed today. Gee, this reminds me of 1999 when we started getting in the Real Estate Game pretty heavy. Back then we bought on Lease/Options and had to put Tenant/Buyers into the properties because it was hard to get them financed. Then it switched, people were getting financed at such a fast pace, we could not get renters for our rental units because everyone was BUYING homes! Well, guess what? It has happened again. The banks have tightened up and we are back to putting people in our homes on Lease/Options. Have you ever heard that Real Estate Investing is Cyclical? Well it is! Once the banks loosen up again, and they will, we will have a lot of people lined up ready to buy our homes they are in.
Number Six.
You know deals have never been easier to find. The great thing about today is we can pick and choose the best ones for ourselves and pass on the rest to other investors who enjoy doing the rehabs, or are looking for just rentals. We have also switched gears and are pursuing and doing Bulk Package Deals with the Banks. There are thousands of REO’s out there. This is just another avenue that we are pursuing since the Real Estate Investing as we know it has changed. If you do not change with the times, you will not survive. We have chosen to survive. In our constant quest to find different avenues in our field to make money we will never stop pursuing different off chutes of the business. If you want properties, log into our site www.butlerswebuyhouses.com we have properties available and our student/partners have properties available. We can help you succeed! Another thing to consider in these challenging times is find yourself a Mentor/Coach. After almost ten years, Steph and I still have Mentors.
Our REIT (Real Estate Investment Teaching) Group, accepts applications for admission all the time. We could be like every other Mentor/Coaching Group out there and take anyone and their money, but we do it “all wrong” as Ron LeGrand has told us. “Just sell them the information and move on”. Well, Steph and I are not that way. We still have Student/Partners that have been with us for five years! The investment is not cheap, but the rewards are never ending. Consider applying to our REIT Group, it can change your life forever.
Ok, I have rambled on enough for now. Remember, more millionaires will be made during these times than at any other time in history. Do not stick your head in the sand!!! Besides, you know what is sticking up in the air when you do that! Take action, get off the computer chair and get out there an become involved in the “ Best Real Estate Market of our Life Time”.