Learn How Income Property Investors Buy Real Estate at Huge Discounts
Learn How Income Property Investors Buy Real Estate At Huge Discounts
1. Motivation, Motivation, Motivation
{When it comes to investing in real estate, we’ve all heard how important a good location is when deciding to purchase an investment property~We’ve all heard how important location is in real estate investing~When it comes to investing in real estate, we’ve all been told how important selecting a good location is when buying investment property}.{ How many times have you heard, “It’s all about the location~How many times have we all heard, “It’s all about the location}? Location, location, location.”
Well, I’m here to tell you it’s not about location, its about motivation.{ So repeat after me, “Motivation, motivation, motivation~So say after me, “motivation, motivation, motivation~So let’s say it together, “motivation, motivation, motivation}.”
No matter your experience level in real estate investing, the fundamentals are the same for all of us. {Buy the best available property at the lowest possible price~Buy the best available property and the best price~Buy the best available investment property at the most attractive price}.
{How can one do this every single time you might be wondering~How can someone repeat this over and over again~How do great real estate investors find the best deals in town over and over again}? {I thought you’d never ask~I thought you would never ask}.
In order for the savvy pre-foreclosure investor to buy investment property at a deep discount regularly, he or she must look for people who have compelling reasons to sell.{ What do I mean by compelling~What do I mean by having a compelling reason to sell~You might be thinking, what do I mean by compelling}?
{These homeowners have to sell the property or risk losing it to the bank or lien holder~These homeowners must sell or risk losing the house~These people are almost always forced to sell or they risk losing the house to the bank~These sellers have to solve their problem with the house or risk losing it to the bank or lien holder~These homeowners have to sell the house in order to solve their problem}.
{So instead of looking for properties in good locations, why not look to help motivated sellers out of bad situations~So instead of focusing on great property locations, start searching out sellers with big problems to solve}? {Help the seller first, and as a result, you end up with the investment property at a very good price~Help these homeowners out first and you will end up with the investment property}.
{What kind of seller situations do experienced income property investors look for~What signs do experienced income property investors look for~What kind of seller situations do experienced real estate investors always look for}?
1. Divorce
{Divorce is a fact of life and sadly it affects many of us~Divorce is a major factor in our society and sadly affects many of us~Divorce plays a major role and affects many of us}.{ This situation contributes to many homeowners falling into foreclosure every day of the week~This situation causes many homeowners to fall behind on the mortgage~This situation causes many homeowners to fall behind on the mortgage payment}.{ The mistake so many married couples make is buying a house based on both incomes (husband and wife)~A big mistake married couples make (over and over again) is to buy a house based on both incomes~The biggest mistake married couples make when buying a new home is to base the purchase decision on both incomes}.{ So in order to pay the mortgage, both incomes are needed~So in this case, both incomes are needed to pay the big mortgage}.{ Guess what happens when one of those incomes walks out the door~Guess what happens when the income is split in half~Guess what happens when one of those incomes disappears~Guess what happens when one of those incomes walks out the door for good}?
2. Unexpected Job Loss
{In today’s economy, job loss is a bigger factor than in years past~In our economy today, unemployment is a much bigger factor than in years past~Today job loss and unemployment play big roles roles in the real estate investing market~In our current economy, job loss plays a major role in the real estate investing market}.{ So when someone losses their primary source of income, it affects everything in that person’s life~So when someone loses their main source of income, everything else is affected~When someone takes that kind of financial hit (job loss), everything else is dramatically affected}.{ The house is the first thing to go~The house is usually the first thing to go~The house is usually the first item on the list}.{ When the money stops flowing in, foreclosure is right around the corner~When the money stops, foreclosure usually follows~When the income is cut off, pre-foreclosure is usually right around the corner~When the money stops coming in, foreclosure is usually close behind}.
3. {Prolonged Illness~Extended illness~Extended illness or sickness}
{It’s never a good time to get sick~It’s never a good time to come down with a major illness~It’s never good for anybody involved for someone to get sick like this}.{ And it’s really never good for the primary bread winner to go down with an extended illness~Good things rarely happen when the primary bread winner goes down with an extended illness or sickness~It’s never good when the primary income earner comes down with an extended illness}.{ Cancer, heart disease, and a vast array of disabling diseases can hit at any age~Cancer and a vast array of other major health problems can hit us at any age~Cancer and a multitude of other major health problems can hit us at any time or stage in life}.{ If the seller does not have disability insurance, the bills go unpaid~If the seller doesn’t have disability insurance, he or she cannot pay the bills~If a seller is underinsured and doesn’t have disability insurance, he or she will not be able to pay the bills}
{ Any remaining money quickly goes to paying the medical bills~Any remaining money would go directly to pay the medical bills~Any disposable income would go to paying the medical bills~Any extra money would quickly be eated up by the medical bills}.
4. Job Transfer
Sometimes that great job opportunity comes with a price.{ For example, Bob lives in Houston and finally gets his big break~For example, Bob who now lives in Houston, Texas finally gets that big break~For example, Bob who now lives in Houston and finally gets his big break~For example, Bob living in Houston, Texas finally gets that big break}.{ It’s a job promotion that requires him to move to Atlanta~The new job requires him to relocate to Atlanta~This new job opportunity will require him to move to Atlanta}.{ Bob happily accepts the new job and moves to The Peach State without first selling his house in Houston~Bob accepts the new position and moves to Georgia without first selling his house in Houston}.
{The mistake Bob makes is buying a new house in Atanta~Bob buys a new house in Atlanta – this is a big mistake~Bob buying a new house in Atlanta is a really big mistake}.{ The two payments crush Bob and this so called “new opportunity” suddenly sinks him~The two mortgage payments cripple Bob financially and suddenly the new job opportunity crushes him~The two house house payments end up crushing Bob and this new opportunity suddenly sinks him}.{ Poor Bob~Poor old Bob~Poor little Bobby}.
5. {Drug/ Alcohol Addiction~Drug and/or alcohol addiction~Drug and alcohol abuse~Drug and/or alcohol addiction}
{When you’re high on drugs or drunk all the time, it’s kind of hard to remain productive~When you abuse drugs and/or alcohol, you’re not normally very productive~When you’re addicted to drugs or alcohol, it’s very hard to remain productive}.{ When a homeowner lets this dreaded disease into his or her life, it’s lights out (no pun intended)~When someone let’s this sickness in, it’s all down hill from there~When someone is foolish enough to let this disease into his or her life, everything comes tumbling down}.
{So when it comes to buying investment property, look for and monitor these particular seller situations~When buying investment properites, search out these particular seller situations}.{ When a seller fails to solve the problem with the house or apartment building, come to their rescue and help them out of their situation~When a homeowner cannot solve their problem with the house, come to their aid and bail them out~When a seller cannot solve their house problem, come to the rescue and offer a good solution}.{ You will be rewarded after you help others first~Help others first and you will be rewarded~You will be rewarded, but only after helping others first~You will be rewarded after helping others out with their problems first}.
Look for these seller situations in your future real estate investing efforts and you will be handsomely rewarded. I promise.
1. Motivation, Motivation, Motivation
{When it comes to investing in real estate, we’ve all heard how important a good location is when deciding to purchase an investment property~We’ve all heard how important location is in real estate investing~When it comes to investing in real estate, we’ve all been told how important selecting a good location is when buying investment property}.{ How many times have you heard, “It’s all about the location~How many times have we all heard, “It’s all about the location}? Location, location, location.”
Well, I’m here to tell you it’s not about location, its about motivation.{ So repeat after me, “Motivation, motivation, motivation~So say after me, “motivation, motivation, motivation~So let’s say it together, “motivation, motivation, motivation}.”
No matter your experience level in real estate investing, the fundamentals are the same for all of us. {Buy the best available property at the lowest possible price~Buy the best available property and the best price~Buy the best available investment property at the most attractive price}.
{How can one do this every single time you might be wondering~How can someone repeat this over and over again~How do great real estate investors find the best deals in town over and over again}? {I thought you’d never ask~I thought you would never ask}.
In order for the savvy pre-foreclosure investor to buy investment property at a deep discount regularly, he or she must look for people who have compelling reasons to sell.{ What do I mean by compelling~What do I mean by having a compelling reason to sell~You might be thinking, what do I mean by compelling}?
{These homeowners have to sell the property or risk losing it to the bank or lien holder~These homeowners must sell or risk losing the house~These people are almost always forced to sell or they risk losing the house to the bank~These sellers have to solve their problem with the house or risk losing it to the bank or lien holder~These homeowners have to sell the house in order to solve their problem}.
{So instead of looking for properties in good locations, why not look to help motivated sellers out of bad situations~So instead of focusing on great property locations, start searching out sellers with big problems to solve}? {Help the seller first, and as a result, you end up with the investment property at a very good price~Help these homeowners out first and you will end up with the investment property}.
{What kind of seller situations do experienced income property investors look for~What signs do experienced income property investors look for~What kind of seller situations do experienced real estate investors always look for}?
1. Divorce
{Divorce is a fact of life and sadly it affects many of us~Divorce is a major factor in our society and sadly affects many of us~Divorce plays a major role and affects many of us}.{ This situation contributes to many homeowners falling into foreclosure every day of the week~This situation causes many homeowners to fall behind on the mortgage~This situation causes many homeowners to fall behind on the mortgage payment}.{ The mistake so many married couples make is buying a house based on both incomes (husband and wife)~A big mistake married couples make (over and over again) is to buy a house based on both incomes~The biggest mistake married couples make when buying a new home is to base the purchase decision on both incomes}.{ So in order to pay the mortgage, both incomes are needed~So in this case, both incomes are needed to pay the big mortgage}.{ Guess what happens when one of those incomes walks out the door~Guess what happens when the income is split in half~Guess what happens when one of those incomes disappears~Guess what happens when one of those incomes walks out the door for good}?
2. Unexpected Job Loss
{In today’s economy, job loss is a bigger factor than in years past~In our economy today, unemployment is a much bigger factor than in years past~Today job loss and unemployment play big roles roles in the real estate investing market~In our current economy, job loss plays a major role in the real estate investing market}.{ So when someone losses their primary source of income, it affects everything in that person’s life~So when someone loses their main source of income, everything else is affected~When someone takes that kind of financial hit (job loss), everything else is dramatically affected}.{ The house is the first thing to go~The house is usually the first thing to go~The house is usually the first item on the list}.{ When the money stops flowing in, foreclosure is right around the corner~When the money stops, foreclosure usually follows~When the income is cut off, pre-foreclosure is usually right around the corner~When the money stops coming in, foreclosure is usually close behind}.
3. {Prolonged Illness~Extended illness~Extended illness or sickness}
{It’s never a good time to get sick~It’s never a good time to come down with a major illness~It’s never good for anybody involved for someone to get sick like this}.{ And it’s really never good for the primary bread winner to go down with an extended illness~Good things rarely happen when the primary bread winner goes down with an extended illness or sickness~It’s never good when the primary income earner comes down with an extended illness}.{ Cancer, heart disease, and a vast array of disabling diseases can hit at any age~Cancer and a vast array of other major health problems can hit us at any age~Cancer and a multitude of other major health problems can hit us at any time or stage in life}.{ If the seller does not have disability insurance, the bills go unpaid~If the seller doesn’t have disability insurance, he or she cannot pay the bills~If a seller is underinsured and doesn’t have disability insurance, he or she will not be able to pay the bills}
{ Any remaining money quickly goes to paying the medical bills~Any remaining money would go directly to pay the medical bills~Any disposable income would go to paying the medical bills~Any extra money would quickly be eated up by the medical bills}.
4. Job Transfer
Sometimes that great job opportunity comes with a price.{ For example, Bob lives in Houston and finally gets his big break~For example, Bob who now lives in Houston, Texas finally gets that big break~For example, Bob who now lives in Houston and finally gets his big break~For example, Bob living in Houston, Texas finally gets that big break}.{ It’s a job promotion that requires him to move to Atlanta~The new job requires him to relocate to Atlanta~This new job opportunity will require him to move to Atlanta}.{ Bob happily accepts the new job and moves to The Peach State without first selling his house in Houston~Bob accepts the new position and moves to Georgia without first selling his house in Houston}.
{The mistake Bob makes is buying a new house in Atanta~Bob buys a new house in Atlanta – this is a big mistake~Bob buying a new house in Atlanta is a really big mistake}.{ The two payments crush Bob and this so called “new opportunity” suddenly sinks him~The two mortgage payments cripple Bob financially and suddenly the new job opportunity crushes him~The two house house payments end up crushing Bob and this new opportunity suddenly sinks him}.{ Poor Bob~Poor old Bob~Poor little Bobby}.
5. {Drug/ Alcohol Addiction~Drug and/or alcohol addiction~Drug and alcohol abuse~Drug and/or alcohol addiction}
{When you’re high on drugs or drunk all the time, it’s kind of hard to remain productive~When you abuse drugs and/or alcohol, you’re not normally very productive~When you’re addicted to drugs or alcohol, it’s very hard to remain productive}.{ When a homeowner lets this dreaded disease into his or her life, it’s lights out (no pun intended)~When someone let’s this sickness in, it’s all down hill from there~When someone is foolish enough to let this disease into his or her life, everything comes tumbling down}.
{So when it comes to buying investment property, look for and monitor these particular seller situations~When buying investment properites, search out these particular seller situations}.{ When a seller fails to solve the problem with the house or apartment building, come to their rescue and help them out of their situation~When a homeowner cannot solve their problem with the house, come to their aid and bail them out~When a seller cannot solve their house problem, come to the rescue and offer a good solution}.{ You will be rewarded after you help others first~Help others first and you will be rewarded~You will be rewarded, but only after helping others first~You will be rewarded after helping others out with their problems first}.
Look for these seller situations in your future real estate investing efforts and you will be handsomely rewarded. I promise.
Shaun Steckler became financially independent by investing in houses and small apartment buildings in south Louisiana. Shaun now controls an investment portfolio that generates a five figure a month income for him today. You can learn more about Shaun’s real estate investing strategies and business models at http://RealEstate-Entrepreneur.com
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