I did a Webinar with my good buddy Capt Pete Gauthier about 2 weeks ago (thanks to all 135 people on the call!!), and we’ve uploaded it for your viewing delight. The 55 minute webinar answers the #1 question I get from new and old investors alike; “Is Real Estate Investing Dead or Can You Still Make Money in This Market.” This 55 minutes is CHOCK FULL of valuable information on the state of the Maryalnd real estate market.
Also – Pete and I are hosting a Huge Announcement / INFO JAM event on July 29th and 30th, 2011. [CLICK THE PICTURE TO SIGN UP NOW] If you want to learn how to find all the deals you can handle, how make deliciosuly simple and mouth-watering offers that REO agents love, how to find the hidden deals that make big bucks, and yes – HOW TO GET RID OF THE BANKS, then you have to attend this event. And by the way, leave your checkbook at home. There will be NOTHING to buy at the event.
Just click the picture to above to sign-up then watch this webinar. If you’re thinking about making massive paydays as a RE rehabber like me, you must be at this event – because we will show you precisely how you can get in the game and how you can be on TV flipping with me.
Your cost: $39 measily bucks. Plus you can find out how to be on TV with me.
Watch and enjoy as I lay down some serious RE Investing law here – THEN TAKE ACTION and come out to see us on July 29th & 30th.
I’ve said it before and I’ll say it again, there may not be a hotter market in the country right now for real estate investing than the DC Metro and Baltimore markets. Folks, if you’re living in the DMV, you are truly in the cat-bird seat for making money by investing in real estate.
But, the June 2011 figures below from RBI (Real Estate Business Intelligence) show that the Baltimore Metro market, while promising – is still a bit of a mixed bag.
That’s why you have to be super-careful if you’re investing. I have a tried-and-true never-fail formula for success, and I follow it as if my life depends on it. I recently did a, “now famous” Webinar called, “The State of the Market” in the Maryland metro area. You can view a free replay of the 60-minute webinar, RIGHT HERE
June 2011 RBI Pending Home Sales Index
OVERVIEW: New pending sales activity slipped 5.3% to 2,585 from May to June 2011, consistent with the 3.4% decline averaged over the same period in the prior decade. However, the June 2011 total represented the most signed contracts for June in 4 years. The 30.8% jump from the June 2010 pending sales total of 1,977 reflected the sharp decline in contract activity immediately following the April 2010 expiration of the federal homebuyer tax credit and not a recent surge in contract activity. Median sales price seasonally increased for the third consecutive month, reaching $235,500 in June but remained 5.8% below $250,000 in the same month last year.
Read the rest of the report [HERE]
I’m putting the word out. Attention all Maryland Wholesalers!
I have 9 rehab deals currently in my pipeline. We’ll rehab these houses and flip them back to new homeowners by no later than February 2010. That of course means that I need to start feeding the wholesale buying machine in about 15 days.
Real Estate Investing Tip:
One of the big mistakes that most real estate investors make is they fire up the buying machine, find a deal, then turn the machine off. Most then wait until they’re done the rehab to go looking for another deal. Duh! Dont wait. Don’t turn off the spigot! Keep the deals flowing and you will be a full-timer before you know it.
That ladies and gents is what separates me; a full-time real estate investor from all other part-time wannabes!
If you’re wholesaling houses in Maryland and you don’t call me first, you are making a huge mistake! As a real estate wholesaler you have but one job…
FIND MOTIVATED BUYERS!
And here’s a little secret – you ONLY need about 5 (or less) real buyers like me.
I know that’s probably contrary to what most wholesalers think, but its true right? I mean listen – in this market ANYONE can find deals. They’re practically falling out of the sky. Deals are plentiful – so that base is covered.
What however is scarce in this market?
MONEY!!!
So when you find a great deal, who’s gonna buy it, if no one has money and banks aren’t lending? Hell, my bank of the last several years; Slavie Federal Bank hasn’t made an investor loan in over 8 months!
Again, you’ve got a smoking deal, but who is buying? Answer….the guy with the money! And that guy folks, is ME! I’ve got private money partners who are dying for me to take down 3 deals per month.
So when you find a deal that fits my criteria, just go to my homepage at CraigFuhr.com and simply enter all the info in the form located on the right column. I couldn’t make it any easier for you.
I paid out over $15,000 in wholesale fees in November / December 2009. I want to pay you next!
