REO’s have been in the news a lot lately. Everyone is wanting to find a great deal which leads them to one or two options for most. Either they try to buy at the auction, or they try to buy a REO. What most don’t know is that banks are starting to do a lot more with shortsales. The trick is you have to wait it out. There are no quick answers with shorts. Here’s the strategy I recommend. Make offers on all three. What will happen is this; you get some deals at aution, you get some more from […] Read more
About Corey Peterson
Entries by Corey Peterson
I figured if I put a picture up of some hot naked chicks more people would look at this post. I’ll soon find out if I’m right. Here’s the deal though. Most investors that I know are all looking for the same thing. The big fat flip…..It consumes them, controls them, almost to the point that they see no other way and certainly no other vision. True investors that are into wealth creation, know flipping is a means to an end. This is when there is more that meets the eye. Income producing property working for you month after month is the […] Read more
Real estate attracts thousands of new hopeful entrepreneurs each year with the promise of big checks, but what can you really expect to get out of it?
Of course there a many ways to get involved in the real estate business. Some choose to start out as real estate agents hoping to gain additional knowledge and increase their income. However the average real estate agent only makes about $35,000 a year. Though there are others that make millions. However the big profits are usually in real estate investing itself.
What type of returns and profits you can realistically expect from real estate […] Read more
Ok, you can go out and spend a lot of money on pre printed chloroplast signs, and they work well. In fact, you will probably get your phone to ring within hours. But, if you will dumb it down a little, and hand write your signs, you phone will ring about 10x more. How do I know this?…..The trick for me, is that I put my signs out on Friday afternoon, and take them down on Sunday night. This lets me reuse my signs and make money from the call every week. I also find that local numbers work better than […] Read more