Eddie was one of the speakers at the 2012 REI Expo. Get to know Eddie more on his website.
Can a “Note Buyer” Help Your Short Sale? :: California Short Sale Lawyer™
February 22, 2012 By Leave a Comment
Can a “Note Buyer” Help Your Short Sale?
Posted by Ron Ballard
For the last several years private investors buying mortgage notes to facilitate short sales have been a quiet force for effective transactions outside of California. This practice is becoming increasingly more available in California recently as well.
What or who is a “note buyer” and how can they help with a short sale?
To understand these questions, one needs a basic understanding of real estate finance. Pretty much every residential real estate loan in California is represented by two primary documents: a “note” and a “deed of trust.” The term “note” is short for “promissory note.” A promissory note is the basic loan agreement between a lender and borrower. It is ” a note containing a promise to repay” the money borrowed; hence, a “promissory note” or simply “note” for short.
In a real estate transaction, the real property typically serves as collateral for the note. This means that the promise to repay is secured by the real property. Many people think of this a “mortgage.” In California and most Western States, it is more common to use a “deed of trust.” The difference between a mortgage and a deed of trust is beyond the scope of this article. So long as you understand that either one creates a lien that encumbers the property and allows the lender to foreclose, then you know what you need to know for now.
[A short and effective video explaining the larger aspects of the mortgage credit crisis can be found at http://bit.ly/CriCrd . I don’t know the creator, but I will say he has clearly and visually simplified some complex financing concepts.]
via Can a “Note Buyer” Help Your Short Sale? :: California Short Sale Lawyer™.
Richardson Hosts The Second Annual Real Estate Investor Expo – Investing
February 14, 2012 By Leave a Comment
Real Estate Investing in Action
Real Estate Investing in Texas, and today’s market? There is considerable buzz surrounding real estate investing across the country. There seems to be mysticism surrounding the industry to those who know little about it. Late night television programs promise massive wealth if you “call now” and order someone’s DVD set. There are reality shows, magazines, radio shows, websites, blogs and any other form of media you can think up devoted to real estate investing. You want the inside scoop, but where do you get it? The answer is simple, from the people that do it all the time. Last weekend those people assembled in Richardson, TX.
The second annual Real Estate Investor Expo, better known to savvy real estate investors as The REI Expo was held in the Richardson Events Center, Richardson, TX for a weekend of education, networking and skill building. When asked why he chose this venue Tim Herriage, Founder of the expo said, “I wanted the show to have an intimate setting where there would be real value exchange for sponsors, vendors and attendees alike”.
It was clear Herriage accomplished that vision as the expo unfolded. Attendees had a choice of 66 classes to attend during the two-day event with some of the biggest industry names in Texas. Even with so many choices the personal feeling was well maintained. Herriage compensated for so many classes by making an audio version of each class available so that attendees could hear every message presented.
One of the speakers I personally had the pleasure of seeing was David Montelongo. He drew a large crowd I thought to attribute to his having been on the A&E television show “Flip This House”. He however was a very talented speaker and didn’t disappoint anyone in the audience as he confidently expounded on some of his career-building tricks of the trade.
The speakers were asked specifically not to turn their presentation into a sales pitch. Herriage had been concerned about this from day one as most functions in a similar format become a “pitch fest” as he calls it. “People attend events like this because they want to learn how to get into that industry or get better at what they do. The last thing they want to do is sit through a week end of sales pitches.”
Model My Home President, Jana Uselton spoke on staging homes to attract buyers. She and her team wrote up thousands of dollars in orders at the expo itself and said many more investors committed to work with her. “We didn’t have to do any selling. Once they saw the hard numbers of the results sellers are getting by staging homes it became a no-brainer for them.” Uselton staged nearly 400 homes last year and freely shared her knowledge and data with attendees holding nothing back.
When asked about her experience at the expo Uselton said, “Out of all the seminars, trade shows and expos we have attended, sponsored or exhibited, this was the absolute best event we have ever done.” Smiles appeared on the faces of those attending a class taught by Quincy Long, CEO of Quest IRA, inc. as he taught investors how to find funds for their projects. In a press interview Tuesday Long commented modestly, “I have been very pleased with the response to the workshop I taught. There was a high level of energy there that everyone could feel.” Long continues to open new offices and contributes much of the company’s success to freely educating the public through seminars. Long gained popularity amongst attendees as he took time to answer questions one on one after he spoke.
Attending Investors spoke highly of the value they received from the speakers. Local Investor Bryan Dodson commented, “Jillian Sidoti was my favorite speaker. I could have left after that and been happy with what I spent for admission”.
One of the hottest topics for attendees was the immense networking opportunity they found at the expo. Real Estate Investor Sennora Brown invests nationwide with a tight circle of associates. She commented, “I met some strong people that I will be able to do a lot of business with for a long time”.
Everyone I interviewed, in every capacity was in agreement with Tier One Investments President Eric Pollard as he commented, “I will definitely be back next year”.
CEO
Two days, 43 classes, now one low price
February 13, 2012 By Leave a Comment
Thank you for your interest in the 2012 REI Expo Audio. The real estate investor expo was hosted in Richardson, TX January 28th and 29th.
A downloadable mp3 of ALL 43 classes!
A downloadable PDF of ALL of the presenters’ slides that were used at the REI Expo!
The ability to play the mp3 online, without downloading!
All of the speakers contact information, and class information!
You will get immediate online access to this audio. You can download it to your computer, or stream it online! You get full access for one month! No additional charges to download, stream, or any hidden features.
Two days, 43 classes, now one low price
February 8, 2012 By Leave a Comment
Two days, 43 classes, now one low price.
Thank you for your interest in the 2012 REI Expo Audio. The real estate investor expo was hosted in Richardson, TX January 28th and 29th.
- A downloadable mp3 of ALL 43 classes!
- A downloadable PDF of ALL of the presenters’ slides that were used at the REI Expo!
- The ability to play the mp3 online, without downloading!
- All of the speakers contact information, and class information!
You will get immediate online access to this audio. You can download it to your computer, or stream it online! You get full access for one month! No additional charges to download, stream, or any hidden features.
Greetings Tim, Wanted to thank you for such a well organized event. This was the first one my husband and I ever attended. We will be back next year – Carol
Good Job, Tim…..PAT YOURSELF ON THE BACK. Thanks again, Tim. You have turned a dream into reality and have helped everybody in the process. – Tom Henderson
This is probably one of the best investor EXPO I have attended. I have paid Thousands of dollars (double digits) and did not learn as much as I did this weekend. I had a great experience, met really people who want to help, and was very surprised how inexpensive some of the boot camps are that will be coming up next couple of month. – Pam
Look at this list of speakers! You get themALL!
Arnie Abramson: All About Tax Sales (AKA Sheriff Sales) – Hype Vs Reality
Blake Yarborough: Lending In Today’s Market – Smart Money Loans +
Bryan Dunklin: Using Texas Series LLCs In Real Estate Transactions To Save Money And Limit Personal Liability
Cathy Crowe: Real Estate Investor Networker – REIN Maker! +
Charles Carrier: Private Money As Your Best Financing Option +
Charles Riska: Is Professional Property Management For You? +
Chuck Fleischer: Simplifying Your Property Sale
David Burdick: Are You Really Covered?
David Montelongo: The 3 Pillars Of Real Estate Investing To Thrive In Today’s Economy
Doug Ottersberg: Success Mindset Mastery +
Eddie Speed: Double Your Paychecks – Do Deals With Hedge Funds
Eric Mattingly: Raising and Using Private Money +
Frank Friesenhahn: Appraisals: Improving Values, Staying Compliant * +
George Roddy: Making Money With Direct Mail Marketing
Greg Bell: Quick Cash Secrets To Sell, Lease & Flip Houses In A Flash!
Jana Uselton: Staging To Sell – Make The Right Changes To Attract Buyers With Top Offers
Jillian Sidoti: Raising Private Money For Real Estate Legally
Joe Boston: Section 8 – A Great Exit Strategy
John Zarrella: How To Easily Qualify Your Tenant Or Buyer +
Kevin Roessler: IRA 101 – How to Self Direct your future
Kurt Carlton: Real Estate Finance Strategy
Lee Warren: Utilizing Inspectors To Increase Profits+
Leon Harris: From Bought To Sold In 30 Days Using Owner Finance
Lloyd Segal: How To Get Started As A Foreclosure Investor
Lynn Andris: Time is Money: How Tight is Your Timeline
Mark Bloom: Have We Hit Bottom And Does It Really Matter? +
Mathew Elmer: Short Sales…Still Ridiculously Profitable *
Merrill Kaliser: Hard Money Made Easy
Mike Hambright: Exit Strategy Overview-Options For Making Money With Real Estate
Mindy Henderson: Seller Financing
Quincy Long: Notes Secured By Real Estate & Other Assets To Grow Your IRA
Scott Belsley: Building And Managing A Real Estate Portfolio
Scott Carson: Note Buying For Dummies
Scott Horne: How To Make Money In A Tough Real Estate Economy +
Shaun McQuistion: The Truth About Owner Financing After 1,000 Transactions
Stacie Meeker: Networking To Success +
Steve Davis: 7 Principles Of The Millionaire Mindset +
Stuart Denyer: The New Real Estate Market
Tim Cook: Building And Managing A Birddog Program
Tim Herriage: Wholesaling, How to convert on more deals
Tom Henderson: Advanced Real Estate Techniques In A Chaotic Market
Tony Martinez: 7 Secrets To Note Investing
Tunita Bailey: Money Super Market-How To Finance Real Estate
Since these classes were recorded LIVE in a seminar setting, there is also some Q&A included. A couple of the classes cut short because the speaker hit a button. The classes marked with an asterisk *, are partial recordings. Some speakers did not use a slide presentation, and these speakers are marked with a +.
REIAudio.com offers a sixty day, unconditional money back guarantee. If you are not happy with your purchase, we will give you your money back!
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Rowlett, TX 75088
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At the completion of a successful purchase, you will receive an email with a login name and password. This will provide you with a URL to access the REIAudio.com portal. All of the audio files and speaker information is inside the portal, as well as contact information for the speaker.
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2012 REI Expo Audio
$86.00
One time fee for unlimited access
http://www.reiaudio.com/sp/8353-expo-audio
David Montelongo speaks at the Expo
January 28, 2012 By Leave a Comment
We are ready to invest in real estate at the EXPO!
January 27, 2012 By Leave a Comment
Just took this picture of the Grand Hall at the Real Estate Investor Expo
The Truth About Owner Financing After 1000 Transactions
January 26, 2012 By Leave a Comment
Shaun McQuistion, President of Happy House Sellers and Happy House Buyers, will be speaking at this year’s Real Estate Expo [Read more...]
These two classes are serious eye openers
January 25, 2012 By Leave a Comment
Summary of Kurt Carlton’s class that will be held at 10:30am at the Real Estate Investors Expo in Richardson on [Read more...]
Investing in Real Estate – Dirty, stinky, messy goldmines!
January 24, 2012 By Leave a Comment
Check out this house that Expo (reiexpo.com) Vendor Boyer Recycling and Disposal recently purchased, remodeled, and sold. Boyer and his [Read more...]