 |
|
|
Welcome! Ready to go from dreaming to doing?
 |
Subscribers often ask us: "How do I get into real estate investing? How
do I close my first deal? How do I increase my income?" To answer these
questions, we brought together three experts with extensive experience
in the industry. Whether you need help taking that important first step
or want to get to the next level in the real estate game, you'll find
the practical strategies you need to reach your goals.
It's natural to dream big, but as certified master coach Sharon
Teitelbaum points out, to turn your dreams into reality, you need a
written game plan - no matter what your level of experience. In her
article, "What's Your Next Step?" she explains how to develop a written
game plan that includes both short- and long-term action steps for
reaching your goals.
Did you know roughly 85% of investors who become landlords file for
bankruptcy within five years? According to real estate investing author
and coach James Gage, seven traits separate the successful investor
from everyone else. Read his article, Seven Traits of Highly Successful
Investors, to learn how you can be one of the 15% of investors still
practicing five years from now.
If you've been thinking about quitting your job in order to go into
investing full-time, you'll want to read our Interview with the Expert.
Derek Ebrecht, who has been a full-time investor since 2005, talks
about some of the challenges of working for yourself and the action
steps you'll need to take in order to get your full-time investing
business up and running.
In this month's Mortgage Minute, Debbie Siegel explains why it's
important you schedule your real estate deadlines into your
planner/calendar. Missing the deadline for your Purchase and Sale
agreement because you lacked sufficient funds, for example, means your
competitor could take your property right from under your nose!
* Next 37 17 investors only!
And finally, we're always looking to feature successful Massachusetts
investors and real estate professionals in our newsletter. Whether
you're a new investor and want to relate the lessons you learned when
closing your first deal, or you run a contracting business and can give
advice on how to refurbish properties, we'd love to hear from you. Send
us an email by completing the form on our "Contact Us" page.
Best regards,
| |
| |
Jeremy B. Shapiro
| |
Sheila Farragher-Gemma
| |
Co-Founders, ForeclosuresMass.com
|
Did you like this article? You May Also Like:
 |
Nothing Succeeds Like Success: Brian Jones Reveals His Marketing Strategies
Brian Jones
Looking for new ways to market yourself as a real estate investor? Brian Jones, who closed five deals in 2006, shares some of his strategies - including classified advertising and contacting junk removal companies!
|
 |
Legal Corner: Banks are willing to work with investors to find equitable solution
Bob Tenney, Cunningham Machanic
Bob Tenney, attorney at Cunningham Machanic in Natick, is on the frontline of the foreclosure process. Tenney and his firm review claims by lenders to review properties for foreclosure. If proper conditions are not met...
|
 |
Success Strategies: The Three Cardinal Rules of Negotiating Real Estate Deals
James A. Gage
If you're living by the ABC rule - as in, "always be closing" - you're living by the wrong advice. According to Jim Gage, getting to closing too quickly means you're leaving out a bunch of steps in the process. In his article, he explains the three cardinal rules of real estate negotiations - and how you can use them to successfully close more deals. (Hint: one of the rules means keeping your mouth shut, but you knew that, right?)
|
 |
Feature Article: Keep Your Title Clean: Three Strategies for Preventing Title Problems
Jacqueline Fitzgerald-Boyd
Did you know you can create some serious Title problems when you transfer Title on your own? And, did you know that a Title problem can sometimes exist for more than 20 or 30 years without ever being found - and then bang, one day this hidden ticking time bomb becomes your major Title headache? It's true. Title expert Jacqueline Fitzgerald-Boyd talks about common Title issues and how you can alleviate them. (Hint: Title is more than simply a piece of paper.)
|
 |
Legal Corner: What to Know Before You Buy: The Legal-Ease of Foreclosed Properties
Suzanne Brunelle, Portnoy and Greene, PC
Over the past ten years, attorney Suzanne Brunelle of Portnoy and Greene, PC in Newton, has handled thousands of foreclosures. Her advice is simple: find out as much as you can as early as you can about the property that interests you...
|
 |
Nothing Succeeds Like Success: An interview with full time investor, Derek Ebrecht
Derek Ebrecht
Derek Ebrecht's got focus, drive and insight into what makes for successful investing. He's also got several profitable deals under his belt, despite his relative newness to the foreclosures field. We spent some time with Derek this month to understand the reasons behind his success.
|
 |
Interview with the Expert: Eileen Schwartz Plays Real Estate Matchmaker
Eileen Schwartz, Real Estate Investor
Buying and selling properties takes real acumen, and veteran real estate investor Eileen Schwartz has plenty of that - having learned real estate at her mother's knee. Yet according to Eileen, it's building a network that's been the key to success. Read about Eileen's new program for investing locally and in Miami - and learn her tips for building a rock solid network that will deliver the deals you won't find on your own.
|
 |
Legal Corner: The Foreclosure Process: What Potential Buyers Need To Know
Howard D'Amico
It pays to be informed, prepared and diligent if you plan to participate in a foreclosure auction. Having an understanding of the entire foreclosure process from start to finish will give you realistic expectations and maximize your chances of getting the property you want...
|
 |
Feature Article: Five Strategies for Successfully Negotiating Short Sales
Elizabeth Weintraub
As any seasoned investor can attest, dealing with banks on short sales requires a large bottle of aspirin and the wisdom of Solomon. Real estate broker-associate Elizabeth Weintraub gives you the low-down on how to successfully deal with banks - everything from dealing with confrontational bank agents and writing contracts to proving to the bank why you're the best buyer.
|
 |
Legal Spotlight: Don't Try This At Home - Leave Mold To the Pros!
Brian McDonough
If you or a home inspector find mold in your home, don’t panic – and more important, don’t try to treat the problem yourself. Certified mold inspector Brian McDonough explains why dealing with mold should be left to the pros (you could very easily contaminate yourself and your family) and the number one mold strategy most people don’t think about: preventing mold from happening in the first place.
|
|
|
