Wednesday, August 11, 2010

7 Reasons to Buy Bulk REO Properties

Nine to five not your thing? Thinking of investing in Bulk REO? I can tell you with certainty of years of experience in Bulk REO properties that this is a great decision. It is also the one that could make you thousands of dollars. And if making good money is not reason enough to go for it there are seven more great reasons to buy Bulk REO properties. Let’s start the countdown:

1. Bulk purchasing
Much like tomato sauce in Price Choppers, Bulk REO Properties come in wholesale packs and great prices. Bulk REO Properties sell up to 50% of the real value. Banks do not want to waste money taking care of them. The best they can do is selling them at discounted prices to clear their books. Everyone wins and you toast over a great profit margin.

2. Debt free investing
Worried about financing? Don’t be! Banks are so eager to get rid of Bulk REO Properties that low prices mean you are likely to find many financial sources ready to back you up. Hard money, commercial financing and non conventional hedge funds and private investors are all on the plate. With them on board, you profit by gaining properties and not the debt. Isn’t life grand?

3. Minimal risk exposure
The wonderful thing about bulk REO is that it does not require large investments. Better yet it does not mean big loans. What it does mean is purchasing Bulk REO properties in good condition at the fraction of the price and reselling them at full price. And that means minimal risk exposure. Meaning, invest away. And strike while the iron is hot.

4. Direct access to bulk REO dealers
Access! Access! Access! That is the key to Bulk REO purchasing. Many have tried and failed without means of getting to coveted REO sales lists. No need to waste for untold hours knocking on firmly closed doors. Success comes with something as easy as going with your local bulk REO property expert with direct access to the coveted lists. A great way to stop wasting time and start making money.

5. Access to shadow inventory
Shadow inventory, a simple way to call a list of 2 to 8 billions worth of homes in default and foreclosure, can have grown weep and bulk REO investors pull their hair out in frustration. Frustration because shadow inventory is one of the best kept list in bulk REO purchasing. And “hair out” because you must have it to make money on bulk REO. But fear not. Join any Bulk REO expert and shadow inventory is yours for the taking. And the money making.

6. Profit Simply put Bulk REO Properties mean cash. With banks rolling bulk properties at low prices, entrepreneurial REO investors have unique chance to take advantage of favorable conditions. Minimum investment for maximum cash. What more can an investor ask for?

7. Immediate income
Short of wining a lottery bulk REO is a perfect way to stuff oneself with cash to the gills. By purchasing bulk REO properties at 50% off and reselling them at full price, the difference turns into immediate income. No waiting, no hassling and no question about it. So while bulk REO properties are not for the faint to heart, they are definitely for the ones fond of money. Because any way you spin this story, bulk REO purchasing means low risk and great profit. Period.

Bulk REO May Be The Only Way To Profit In This Real Estate Disaster

With current legislation making the real estate market nightmare, the hope and dreams of many real estate entrepreneurs seem almost dashed. Once again, the big guys got the bailouts and the little guys were left out in cold. But there is a way out. There is one sure way to reincarnate the real estate money maker. There is a way for everyone to get their money and keep it too. It is called Bulk REO.

REO, “real estate owned properties” refers to assets a bank or lender owns after foreclosing on a property. Bulk REO is a group of REOs that a bank or lender groups together for sale. The wonderful thing about Bulk REO’s is that they are usually sold for a small fraction of the real value. To recover some money banks often auction them off in a bulk at steeply discounted prices. Needless to say, Bulk REO offers real estate investors an excellent chance to regroup and get back to the horse.

Bulk REO are below MLS, BPO, cheaper than private sellers, auctions and are a fraction of any approved short sale price. And the little known fact is that they are accessible to everyone and anyone-even without cash or credit.

How? Simple! Bulk REO investing is based on the relationships with key Bulk REO market players. You end is to act as broker to the buyer or the seller and charge a fee. Yes, you can represent them at the same time. See what I mean?

Banks do not want bulk REO’s nor do they want their associated costs, taxes, maintenance, insurance and utilities and investors get them at substandard prices. Banks want money not the bills. They have no financial gain by having properties on the books. Real estate invertors want the properties to get money by giving other people bills. And at the fraction of the cost, it is a sweet deal. Everyone wins.

Despite how sweet bulk REO may seem, some caution is advised.

To avoid loopholes, sinkholes and investing too much too soon, Bulk REO investment requires training. Training offers easy, concrete and solid strategies on maximizing investments and avoiding risk. Like in any business, the secret of how to go about it is limited to the lucky few who have either figured it out on their own and those who have actually decided to go trough with the training.

What Bulk REO training teaches you is how to increase the profit from $15 000 to five to ten times of that per sale. It teaches how to close a deal fast. It teaches you that anyone can do it. It teaches you that do not need to be a middle man. And as the learning curve builds up on acquired skills to provide you with a one way ticket to what is dear and near to all our hearts- money.

Bulk REO is a great opportunity to make money and join the ranks of recession millionaires. The catch is tread carefully, get training, make good picks, go slow and Bulk REO investing can turn a sometimes profit into a great profit.