I had to laugh today as I’ve seen several headlines that say homes sales unexpectedly jumped in April. I guess that only caught the people by surprise who live in a cave or who are totally clueless about the real estate market.

Hello! It’s Spring! Duhhhhh! So people are more apt to buy houses in the Spring rather than in the Winter time sportsfans? Wow, how totally unexpected!
I just thought I’d point that out. Anytime I ever see than an expert is caught off guard or their subject does something that it’s unexpected, then you can immediately writ off that individual as an expert

So anyway, just a point of amusement for me and hopefully you too. Remember, the News Media is not your friend unless you know that and make use of that fact.

So, we’ll talk to you soon and you can look forward to having the first installment of how to do covered calls the Monkey Way here shortly.

Andrew Anderson signing off and remember to have fun out there!

The National Association Of Realtors released numbers today saying the pending home sales dropped to a record low in February. As compared to what? There in lies the rub.

Here is a link to the Yahoo Article.

This is a quote from the article that I love -

“Wall Street economists surveyed by Thomson/IFR had predicted the index would inch up to a reading of 86.3. “

Who are these goobers and what does 86.3 mean really? OK, let us try and forget that we had the worst weather in 30 years hit the Mid-West in February. So much for Global Warming….LOL I will let you in on another little secret code word.

Wall Street Economists = The dude or dudette that isn’t bright enough to be trading on their own data and making millions, but needs a day job to pay off student loans and needs to have you believe that what he/she says it gospel even though it will kill your returns. (more…)

U.S. Senate Plans to Consider “Foreclosure Rescue Scam“

Legislation

· Legislation Expected to be Introduced Soon.

· Measure Likely to be Modeled After Minnesota Law,

· But May Contain Additional Restrictions Harmful to Investors Nationwide

February 22, 2008 (U. S. Senate)

Wisconsin Senator Herb Kohl (D) has announced plans to introduce legislation aimed at curbing the rise of ‘foreclosure rescue scams’ - using a model which may include restrictions that could be harmful to all real estate investors. The measure is likely to contain some or all of the following provisions:

· Ban on leasebacks-to-owners

· Ban on upfront foreclosure consultant fees

· Ban on all “subject to” transactions

· Limitations on an investor’s ability to purchase or take an equity interest in a home in default

· Ban on all advertising related to “Saving Homes from Foreclosure”

· Restrictions on real estate seminars, which could even apply to Real Estate Investor Association meetings

The measure is likely to be modeled after a 2004 Minnesota law that governs real estate investors. The National Association of Realtors (NAR) has proposed the Minnesota law as an acceptable model for the entire United States. However, it should be noted, the members of NAR are exempt from this law. (Also noteworthy - in the Minneapolis / HennepinCounty area alone, foreclosures have increased more than five-fold since the 2004 passage of the Minnesota statute.)

On behalf of real estate investors at the national level, the National Association of Responsible Home Rebuilders & Investors (NARHRI) is already tracking this legislation. NARHRI Executive Director John Grant says that NARHRI will offer alternative legislation from the Commonwealth of Virginia, which has the support of the local realtors, lenders, consumer groups, and which recently passed the House unanimously.

NARHRI expects to see intense political pressure for passage of the legislation before members of Congress leave in the fall. NARHRI indicates it will be providing updates on this effort as circumstances warrant.

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This is yet another case of political socialism (in this case) mostly by Democrats and special interests (National Association of Realtors) getting ready to really hurt the consumers and the economy on a massive scale if passed.

The National Association of Realtors is miffed because they are fast losing market share as people bypass paying 6% for someone to put a sign in their front yard.

As noted in my previous stories, nearly 75% of all properties are first noticed by the eventual buyer by the sign in the front yard and it does not matter if it is a For Sale By Owner or an Agent’s sign.

As noted by the 500% increase in foreclosures since the bill was passed in Minnesota, this bill if passed could make the current issue with foreclosures look like a light drizzle compared to a Hurricane. (more…)

This if for all of those that may not know about Commercial Real Estate and why it is so lucrative. This is also one of those deals the we come across all of the time but this one is actually in the “pretty darn good” category.

Because this is my sandbox, I am going to change the rules on my 21.5% challenge too. I am going loan myself another $150,000 of virtual money and take my my portfolio up to $250,000. Let’s say I took an equity line out on my virtual house in order to do this or I used my IRA. Because I am going to plunk down $140,000 of my virtual money and do this very real deal. (more…)

Once again we are showing what could be a vastly different number for home sales than what the NAR or National Associate of Realtors just released for December Home Sales according to Bloomberg. My spot number shows that there appears to be as much as a 4.5% increase in homes sales from November to December rather than the stated 1.5% decline in home sales.

If you go back to my other article about how the data is pulled by the NAR, they only use homes that are listed with Real Estate Agents and not those that are sold privately, and as I showed you using data from the Franklin County Ohio Auditor’s own conveyance numbers this number is off by several factors. (more…)

I would guess that most of you have heard of Private Mortgage Lending or PML, but unless you are involved in it, I am willing to bet that you did not realize how large of a market that it has become, nor just how lucrative it is for the players involved in it.

While this is a hidden underground market, it is estimated that it is in the hundreds of billions of dollars. It is big enough that the intrepid Billionaire Richard Branson of Virgin fame just started a company to service it. Think there is no money in it? I will have a more detailed story on that shortly. (more…)

We now have 60 Minutes talking about the Housing Bust, and Newsweek talking about the “Recession”. Historically whenever these two media outlets take note of something involving the Economy, they are always the last ones to the party.

So, this must could mean the bottom of both markets. Don’t quote me on this, but I think that at least Newsweek said the equities would never recover back in 1979. Don’t you wish that you had bought then?

I also think that 60 Minutes is usually about a year or so behind the 8 Ball. In September of 2000, CBS news had a stunning revelation that that Real Estate prices are determined by location.

With scintillating indicators like these, who needs to look at data or charts?

Opportunities abound in Chaos and Kevlar Umbrellas

I recently wrote this for another website I work on but, I felt that it really has much more relevance for us investors. This was originally published for readers of the Muse Blueprint which helps people start their own business or want to take an existing one to the next level.

If you listen to the news and I suggest that you don’t very often, you would think that the sky is falling with the economy. Well, parts of it actually are but it does not have to be so for you. I suggest that you think of yourself as the person selling Kevlar Umbrellas, like I do.

While you should be aware of economic trends such as the US dollar’s values falling like a rock with no end in site, it does open up opportunities.

I will give you just a couple of examples. As gas prices keep going up (and they will but more on that later) , it is going to make locally made products and services more competitive against those that are not local.

Do you have a product or service that can save people from driving for instance? Do you know where one is to invest in?

Here are two of my Muses or other Businesses that I have recently picked up (another strategy I will cover is buying small businesses) that do exactly that, www.888360Pixs.com and www.888EZToOwn.com . The first is a service that provides pictures, virtual tours, and Videos of Real Estate, Boats, Cars and just about everything else. The second provides FREE Real Estate Advertising.

Ok, time out here. Here is the Definition of a Muse from my Book, The Muse Blueprint.

(more…)

The Real Estate Data being used by most of the financial media and in many economic reports could be off by at least 120% in many areas and in one major metropolitan area (Central Ohio), the number used for home sales alone could be off by a whopping 374% (see chart) . To put it another way, this means that possibly only 1 out of every 5 sales are being reported.

As the Real Estate market as a whole is a major part of the US economy, this finding could have a major impact on the world markets. The questions first asked are, how could this have happened and how could this be?

It all comes down to this. Statistics = lies, lies and damn lies.

I will show you how this happened, how it became possible and the ripple effect it may have on almost every major market out there. As to the why, you will have to decide for yourself.

Since Real Estate in the US has been used as the reason for a lot of the good and bad in the markets world wide recently, with the very real possibility of the data being off by not just 10%, 20% , or even 50% but by well over 100%, this needs to be examined closely. With the Real Estate data being possibly wrong by over 100%, what does that mean for you as an Investor?

As a Real Estate Investor I have surmised that the figures were way off for at least 10 years now and started really looking into it a couple of years ago to prove to myself that my theory that housing and Real Estate sales were being grossly under reported was indeed correct.

(more…)

This is a Real World example of how you can make a 20%+ return. This is a Duplex that needs virtually no work, that you can purchase for less than 38% of current market value and immediately wholesale to another investor and make at least $10,000 to $30,000 or sell well below retail and make $40,000 to $50,000. You can also Rent it out and I will show you how you can get a 55% return on it yearly.

You could also just hold on to it and rent it out for $1,000 to $1,400 per month. Current estimate of market value are $111,500 to $130,000.

The purchase price is only $41,900. That is not the down payment, that is the actual purchase price.

I want to take a look at a quick ROI on this play. So, we are walking into at least $70,000 worth of equity right off the bat. When was the last time you did that?

Without using leverage we pony up the whole $43,000. I am using this amount because we have some closing costs to include. If we rent it out for $1,200 per month, we end up with $14,400 gross income. Lets take out $100 per month for management fee’s unless you want to do that yourself, which you can. Then we take out another $180 per month for property taxes and about $70 for insurance. This puts at about $350 per month for expenses. So that leaves us with $850 per month net. And to play it safe, lets take out another $50 per month for maintenance and this gives us $800 per month net cash on cash or $9,600 per year on a $43,000 investment. This gives us a 22.3% return.

(more…)

This will be the first in an ongoing series that I and others will be writing on the how and why of getting at least 20% returns.

For some of you this sounds like a pipe dream and yet for others, you stick you nose up at only 20%. But, if you are a serious investor, this a worthy goal for you to shoot for.

With some vehicles this is a bit easier than with others. Without going off on too many tangents, 20% is what Warren Buffet shoots for so, why not you?

If you can hit the magical 20% number you have a pretty good chance of retiring with a nice nest egg. For those of you that are a bit skeptical about hitting this number on a regular basis there are numerous ways to do so.

You can do it through and with or without leverage of various types. You can trade on margin, using options, or just plain borrow money, or last but not least, figure out how to purchase your investments on a wholesale basis. Then, you don’t even need to use leverage at all.

I am not going to attempt to go over every way to do this in the first installment but I do want to show you at least one way to do this in each one.

The first way that I will show you virtually anyone can do with a little bit of education and know how. The fact that it is so easy is perhaps that is why it is overlooked so often. That plus the fact that it is in no way shape or form sexy and does not make great copy. Well it does, but only for those of us that interested in results that end up in our wallet.

What I like about this is that you can do this tax free in your IRA or just pay taxes on it and do it however you want. The IRA is preferred way to do this though. I will touch upon this and get into more details later on.

The first way I will explain how to do this is with Real Estate.

Ok, quite yawning and don’t tell me that the Real Estate Market is tanking.

This is in fact one of the best times to do this. Have figured out that the best time to get into something is when everyone else is getting out?

This image to the left is from an actual deal that I was involved with late last year. Look at the numbers, they don’t lie. The truth of the matter is that instead of renting this out, you could easily sell it right away and gain at least 20% in less than 60 days. Yes, you can sell deals like this even in the current Real Estate Market.

(more…)

We are buying Real Estate and Businesses.  Do you have a piece of Real Estate or a Business for sale?

That is right, We Want To Buy Your Real Estate or Business! If you have an Apartment Complex, Land, A Farm, Hotel, Motel, Strip-Mall, House, Condo, Mobile Home Park, or even a Mobile Home, we want you to tell us about it.

Do you have a Business that you want to sell?  We don’t care if it is old or new, or just came up with the idea yesterday, we might be interested in buying some or all of it.

Right now, we have active members looking for Apartment Complexes in the US. From 5 to 10,000 units in any shape, condition, or price range. The only caveat being that they cannot be listed with an Agent.

We are also looking for Businesses of all types, shapes, and sizes.

We also have members looking for all of the above as well. So, if you are looking to sell or know of someone that is, please contact us.

Currently we are working on an automated system that will help both buyers and sellers connect like nothing you have ever seen before. It is easy to use and has more useful bells and whistles than you can shake a stick at. I predict that it may make many current systems of marketing Real Estate obsolete.

In the meantime, if you have property that you would like to sell, let us know about it. Iwill post a form for you to use shortly.

”What Are These Real Estate And Investing Secrets Andrew Anderson Is Talking About… And How Are They Going To Help Me Become More Successful With My Investing And Frankly Make Me More Money?”

Hi, Andrew here again and as promised I am going to continue where we left off.

So, let me get right to it and as promised here is one of my Secret Techniques that you can use on how to get every Real Estate Agent in town including the lazy ones to show your property first.

Do you have to take my word that any of my Secrets work? Heck no you don’t, nor do I want you. I think that you will find that I really have better things to do with my time than do anything that does not produce great results.

Take a look at what I am about to tell you and see if it makes sense on a fundamental level and then go ahead and use some of my information and try it out for yourself! Test it out, run it through the wringer. That is the way to find out if it works. I think you are going to be very happy with the results. Here we go.

I have never seen this anywhere else and when I first came up with it as a way of business I was shocked that I had not thought about doing this years ago or had not heard about doing this before. I am going to give you the technique and then we can discuss why it works so darn well although since I know you are smart just by the fact that you are here. So, I am willing to bet you will see why this works so well for yourself and why it is not well known and why you may not want to share it with everyone else.

“How To Get Real Estate Agents To Beat Down Your Door With Buyers”

This Secret like many of the others that I am going to tell is perhaps a bit counterintuitive. Which is perhaps why they are still secrets and why not everyone is using them. I will be right up front and tell you that as an Investor, I normally do not use Real Estate Agents.

The vast majority are utterly clueless about Real Estate Investing and mess up far more deals than they ever help put together from an Investor standpoint. But, that being said, you can use them to your advantage if you control the situation. Here is how you do that if you decide you must use them when selling a property.

Watch this video that explains the concept. Please note that I am not going to give you a fancy presentation and it will only take a few minutes for you to “Get” this concept and be able to go out and use it.

If a concept is not simple and easy to understand, I have found that it will not be used period.

• How To Sell Real Estate Fast In A Slow Market - Part 1

The Secret is to structure your deal to pay an Agent more for selling your property than they would get from selling someone else’s property without costing YOU more than what the other people are paying in commission. Here is how I do that.

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I Am An Investor

Real Estate Training

More Millionaires have been made through investing in Real Estate than all other investment avenues combined. More than Stocks, Bonds, Mutual Funds, Commodities, starting a company, you name it, Real Estate easily takes the prize. That is a very powerful statement.

So, that is why we have put it #1 in our list of items that we are going to address on I Am An Investor.

I have been to numerous seminars and met with dozens of so called Guru’s in the Real Estate Training Arena.

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