by Alex Gurevich

If you were a real estate investor watching the real estate boom of early 2000s closely, you could have predicted the foreclosure investing opportunities that would become available today in virtually every real estate market in the country.

In the last two years mortgage lenders have been reporting dramatic increases in defaults and foreclosure rates nationwide causing many sub-prime lenders to go under. But that’s just a tip of the iceberg.

Will You Be Able To Capitalize On This Foreclosure Boom?

On the surface it seems easy enough. Get a list of properties in default. Contact homeowners. And get the deal done at a juicy discount, before the bank takes the house. Then you can fix it up and flip it, or keep it as a rental with an instant built-in equity profit. Right?

Well, not quite.

Getting into the foreclosure investing game could be an extremely lucrative move that alone could not only feed your family but pay for lavish lifestyle and vacations. Or it could turn into a big black hole consuming all of your time, energy and marketing dollars.

Very few real estate investors actually succeed in foreclosures on a consistent basis. Why? Because, they’re using the wrong approach in a very crowded market.

How Will You Differentiate Yourself in a Crowded Foreclosure Investing Field?

To say it’s crowded is a huge understatement. The field of foreclosures is probably the most competitive area of real estate investing. It routinely gets more attention from mass media. So more people flock to pursue it. Hundreds of investors in your metro area are mailing to homeowners facing foreclosure. They’re even harassing homeowners on the phone and knocking on doors.

In short, if a homeowner is behind on payments, you can be prepared for a major fight for his attention. Just imagine for a moment that person sitting at his kitchen table plowing through a pile of letters from lawyers, bill collectors and investors.

Your mailing piece is just one of many that goes straight to the garbage can. You must find a way to differentiate yourself from the investment crowds. Here’s an idea that will put you ahead of the competition.

The Only Ethical Way To Approach Foreclosure Investing

Truth be told, for most people who are behind on mortgage payments and in danger of losing their home - talking to a real estate investor about selling the home is the very last thing on their mind. They often perceive foreclosure investors as sharks taking advantage of their situation.

So, if you want your phone to ring with people in foreclosure, contact them with an offer to ‘keep the home’.

Here are 3 Reasons Why You Should Offer Homeowners Facing Foreclosure the Chance to Keep Their Home, Even if You’re Really Interested in Buying it

- First, trying to help a family in financial trouble is the ethical thing to do. You’ll be preserving the American Dream.

- Second, you’ll actually make money doing it. You can help them negotiate a repayment plan with their current lender (the process is called Loss Mitigation) and collect a fee for your service. There are several companies nationwide with an in-house list of Loss Mitigation department contacts for literally every lender in the country that will do all the work for you. So, even if you never buy a single home, with tens of thousands of foreclosures in your hometown, offering Loss Mitigation services could turn into a lucrative income stream by itself.

- Third, this is the most profitable approach. In many cases you will end up buying the home. Remember, the Loss Mitigation process will only work for those owners who got behind, but now recovered their ability to pay. Most won’t qualify for a repayment plan because they can’t prove their hardship is behind them. And they won’t know it until you helped them to pencil their income and expenses on paper and submit it to their lender. Now they have undeniable proof they can’t keep it. Once the reality settles in, they’ll start talking ’sale’. Who will they sell to? You, of course. You have now earned their trust and it’s the only next natural step to take.

So again I ask you: Will you be able to capitalize on the booming foreclosure market? If you follow my advice, you will be able to profit from foreclosures for the next 5 years or even longer.

About the Author

Real Estate Investing Expert Alex Gurevich has helped thousands of real estate investors just like you create massive cash profits with buying real estate in pre-foreclosure. To learn how you can profit through Loss Mitigation for the next 5 years starting today, download your free audio seminar now at: http://www.getrichlazy.com/lossmitigationtraining.html

To you and you’re entire family, ProAPOD® real estate investment software would like to extend a warm and heart-felt Merry Christmas!

Yes, we all work hard throughout the year with issues that surround real estate investment properties.

Those of you who are real estate professionals continue to make cash flow analysis presentations for rental income property to real estate investor customers.

Those of you who are investing in real estate continue to perpetually crunch numbers to determine whether an income property is profitable enough to buy, hold, or sell.

And ProAPOD real estate investment software continues to improve its real estate software solutions in order to provide you with the best real estate investing software and customer support possible.

Now it’s almost Christmas, and in the true spirit of Christmas, let’s turn our attention to those whom we love most–our family and friends.

Have a safe and Merry Christmas!

James R Kobzeff
ProAPOD® Real Estate Investment Software

by Brad Wozny

The successful real estate investor usually has a number of secrets and tricks up their sleeve. Use these success tricks and watch the bottom line of your real estate investing business grow:

1) Get a CLUE. The Comprehensive Loss Underwriting Exchange (CLUE) report is a great way to run a background check on any home.

Although you cannot get the report for someone else’s home, you can always ask the seller to get the report for you. For about $8 (or for nothing at all in Maryland and some other states), you can find out whether a property has a history of big claims and lots of damage.

2) Sometimes, there are opportunities that other entrepreneurs overlook.

For example, consider tenants with pets and children. Many landlords avoid them because of possible additional damage to a property. However, many a savvy real estate investor finds plenty of opportunity here. In markets where many rentals are no pets, no children, tenants with pets and children are more likely to be responsible and long-term tenants. A larger damage deposit can take care of any wear and tear.

Think outside the box and you will find more ways to profit.

3) Understand that residential real estate investing is a psychological game.

Most homeowners and tenants do not make decisions based entirely on the bottom line. In most cases, emotions play a large role. In some cases, emotions are the only things consulted. If you are in the residential real estate game, make sure that what you are showing to tenants is emotionally appealing.

4) Understand & Practice the basics of real estate investing.

Making money usually means buying something of value for less than its full value and making use of that value. In terms of properties, this generally means selling or renting.

5) Real estate investing is not speculating.

Speculating means that you buy property with the hope that it will increase in value someday. It could just as easily devalue. Investing means that you buy a property because you have done the research and know that the property will make you money, barring any major crisis.

If you want to become a successful real estate investor, take these tips to heart. Once you start investing yourself, you will find new tips and new ideas that make you even more money.

To Massive Profits.

GREATRealEstateInvestingINFO.com

About the Author

Creator of the renowned Strategic Investment Manifest and the acclaimed 7 FIGURE Profits system that successfully teaches all investors how to build a business that generates a 6 figure bank account and realize 7 figure gains in as little as 7 months!