Archive for the ‘real estate investing’ Category
Fat Profits in 2010? You Need to Start Planning Today!
For most of us, the rest of this year will be a flurry of activity — last-minute Christmas shopping, Christmas parties, a much-anticipated slowdown to enjoy some downtime with family and the other people that mean the most to us.
I know this is something I mention every year at this time, but this is also the time of the year when you need to set aside some time for strategic planning — especially if you’d like to generate real wealth fast and furious in the New Year.
If you want to make 2010 your best year ever and get it started with a blizzard of lucrative deals, now is the time to lay the groundwork by planning for your success.
While a winter blizzard is in many ways a random event that strikes quickly, leaving behind a path of wintry whiteness, a successful year as a real estate investor is heavily dependent on taking specific steps that make your eventual success a foregone conclusion.
Here’s a profit forecast model you can really get into:
Set real, attainable goals by using specific examples of what you want to accomplish — and when
Realize that last year’s results disappear when you flip the calendar to January 1
Give your personal and business finances a thorough examination
Review the areas in which you’re investing to ensure that they still make sense
Explore different financing sources — private money, traditional lenders, and hard-money lenders
These are just a few of the areas that you need to focus on; the main point here is that you act proactively to set the stage for a profitable 2010. The best-laid plans are the ones made in advance.
Don’t wait for January 1 to get here to begin the process or you’ll waste valuable time getting up to speed.
Take my word for it: a focused blizzard of planning activity now will yield an avalanche of profits in 2010.
So what are you waiting for? Start planning — for the right activities and explosive profits that will make 2010 the year that you really start shoveling cold, hard cash!
Blessings!
Still Waiting for a Sign? This Is It!
If you’ve been waiting for a sign that the real estate market has turned around before pulling the trigger on starting your real estate investing career, this may be the moment you’ve been waiting for!
Several factors make this the ideal time:
· Low, low rates
· The $8,000 home credit
· Moderate prices
Prices have started to turn around, which means that in many parts of the country, they’re actually headed up. If you’ve been afraid to jump into the market for fear of your investment depreciating, there’s very little to be afraid of.
Here’s a point to ponder, though: If you buy right, you don’t have to worry about fluctuations in the value of your properties, because you will have built instant equity and you’ll be able to enjoy positive cashflow – each and every month. If something unexpected happens, and prices drop, you’ve already made money, and you’re enjoying monthly cashflow.
That money will be flowing into your bank account, which will help you to become increasingly financially independent. Just do the math: If your property will give you a $300-$500 per month income stream – which is very do-able in this market – just think how much cash you’ll have coming in with 5-10 properties in your portfolio. The more you buy, the bigger that stream gets, until you have a flood of cash flowing into your favorite bank account every month!
Don’t know how to guarantee that you’ll make money no matter what? It’s much easier than you think! Get off the couch and into the real estate investing game TODAY by learning more at www.REIconferences.com
Blessings!
Charrissa Cawley
REI Wealth Camp in Irvine, CA on Sept 19-20, 2009
I just wanted to offer Wealth Camp tickets to all of our faithful followers of CharrissaCawley.com! Go here to grab yours now for only $20 (Normally $497!) I look forward to seeing you at the event on Sept 19-20 in Irvine, CA!
http://www.wealthcampseries.com/20tickets
See you there!
Charrissa Cawley
Take Flight – and Reach Your Real Estate Investing Destination Much More Quickly by Copying the Canadian Goose
I’ve felt for a very long time that knowledge is power, but I read something not too long ago that drove that point home for me in a tangible way. What I learned about the Canadian Goose could help you to reach your very own real estate investing Promised Land much more quickly, simply by knowing who can help you to get where you’re going.
The Canadian goose flies in a very specific “V” formation for a very good reason. It isn’t because they live highly ordered lives and it’s not “just because” (that mythical answer we assign to things that we really don’t understand).
They fly in classic “V” formation because they get where they’re going 72% faster by working together in order to reach their destination. While the lead goose is struggling with wind currents, the other geese in the formation are cruising along with reduced wind resistance, which allows them to conserve their energy for the hard flapping that they’ll eventually have to do.
When the lead goose gets tired, it drops to the rear of the line and another goose takes over so that they can continue pushing forward towards their destination.
It occurred to me earlier that successful real estate investors do something very similar.
Instead of flying with other geese, smart investors build a team of support personnel that can help them take flight towards real estate investing success.
Real estate professionals, accountants, bankers, appraisers, contractors, and others can all play their part in helping you to reach your real estate investing destination much more quickly than you could if you were flapping along, battling all of the obstacles that could slow you down or could potentially prevent you from reaching your destination.
The one missing link that can really help your real estate investing career to take flight in a big way is an REI Buying Tour. This one-of-a-kind approach to learning puts you in an intimate setting where you can really connect with the professional team members that can help you to understand the difference between a property that makes sense and one that could be a drain of your precious time, energy, and financial resources.
There’s a Buying Tour coming up August 28-31 in St. Louis, so if you’re really serious about learning how these team members that are so critical to your success come together as a cohesive unit to help you reach your very own Real Estate Investing Promised Land, I strongly encourage you to join me in St. Louis.
You can get where you’re going through trial and error, but why not put us to work as you pick our brains and learn everything we know about how to succeed in today’s real estate market? You won’t have to work as hard – and you’ll have more energy to enjoy the fruits of your labors when your career really takes flight and you reach the wealthy destination that dreams are made of. Go to www.reiconferences.com/buyingtours.htm for more info or to register now!
Blessings!
Charrissa Cawley
Surging Unemployment + Skyrocketing Foreclosures = Opportunity
I’ve been sounding the drumbeat of real estate opportunity for some time now, and Thursday’s report by the Labor Department that the unemployment rate has surged to 9.4% further reinforces my point. The reason? The home foreclosure rate is closely tied to the unemployment rate. If people aren’t working, their incomes drop dramatically, and they are unable to meet all of their expenses. If you chart unemployment and foreclosure data, they come very close to mirroring each other.
This means that – in many cases – mortgage payments go unpaid.
Homeowners not already on the ropes financially and facing impending foreclosure are looking for viable solutions to prevent themselves from getting to that point. Others, already facing foreclosure due to other financial considerations, the credit crisis, or personal problems, need fast solutions before they’re hit with lasting credit damage or the loss of their home.
Motivated sellers are everywhere you look. Their pain is real, the opportunity is increasing, and the time for you to act is NOW. If you’ve been sitting on the sidelines waiting for a buying signal, this is it.
Regardless of whether you have cash in the bank for investing, have traditional or hard money lending sources lined up, or have secured private money, there are more opportunities to profit today than ever before.
Don’t know where to start? Check out my free resources – more than 140 of them – at http://www.reiconferences.com/resources_rei.htm.
Seize this moment and change your life for the better – and make a real difference in somebody else’s life by helping them out of a real jam.
There aren’t too many ways of helping somebody else while securing your own future. This is one of them, but only if you act now!
Blessings!
Charrissa Cawley
Numbers Don’t Lie; People Do
I’ve been preaching the importance of looking at solid numbers for years now. They’re unemotional, not always sexy, but they’re also incapable of lying through their teeth. Creating real lasting wealth in real estate is a simple process of correctly crunching numbers and letting the answers you get tell you whether or not a real estate investment is a winner or a loser.
When you let emotional considerations enter the equation, it throws the results off, and you can lose your shirt. We can get real evidence to document this from recent lessons learned by millions of stock market investors.
Instead of looking at actual market performance, performing due diligence and basing investment decisions on those answers, millions of individual investors followed the “herd mentality” and threw huge sums of money into the stock market on the say-so of government officials, industry analysts, and others who were hyping the end of the bear market.
What happened?
The numbers were flawed and the market turned south even more sharply than it previously had. Anyone who listened to the “free” advice they got off of 30 second sound-bites lost a ton of money.
Funny thing, though.
Many of the so-called experts that helped millions of individual stock investors commit collective financial suicide with bad advice are the same self-serving experts who claim that real estate is a terrible investment.
They were wrong about the stock market; they’re just as wrong about real estate. Their inflated egos have caused their heads to float, which has caused them to scream, “The sky is falling!” If you believe everything you hear, you’ll miss your chance to get rich in real estate today.
Remember, solid numbers don’t lie. While the herd is busy running from one missed opportunity to the next, the REAL investors will be feasting on the most profitable deals.
Will you be one of the herd looking for any available scrap – or one of the most successful investors building a fat real estate investing portfolio?
The best time to profit from real estate is when others are afraid to dive into the investing pool. There aren’t many of us in the water right now. That’s OK, though.
There’s less competition, more profits, and even more opportunity. You can learn the basics in no time and can get up to speed building real sustainable wealth that will change your future.
Don’t feel like you know enough?
That’s fine. Start by learning how to crunch the numbers, locate winning deals, and then BUY, BUY, BUY! Navigate to http://www.realestatewealthcode.com for a free eBook on real estate investing. You’ll learn priceless secrets that can help you crack the code that will unlock the door to your financial future. With a simple mouse click you could be well on your way to real, sustainable wealth!
Blessings!
Charrissa Cawley
Housing Affordability Highest in 18 Years
Wow-Housing Affordability Highest in 18 Years!
Nationwide housing affordability jumped 10 percentage points during the first quarter of 2009 to its highest level since the series began 18 years ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI).
The HOI showed that 72.5 percent of all new and existing homes sold in the first quarter of 2009 were affordable to families earning the national median income of $64,000, up from 62.4 percent during the previous quarter and up from 53.8 percent during the first quarter of 2008.
“Underlying the increase in affordability are lower home prices and record low interest rates. Combined with the $8,000 federal tax credit for first-time home buyers, consumers are beginning to return to the marketplace,” said NAHB Chairman Joe Robson, a homebuilder from Tulsa, Okla.
Indianapolis was the most affordable major housing market in the county during the first quarter. Almost 95% of all home sold were affordable to households earning the area’s median family income of $68,100. Indianapolis has now topped the affordability list 15 consecutive quarters.
Also near the top of the list of the most affordable major metro housing markets were Youngstown-Warren-Boardman, Ohio-Pa.; Akron, Ohio; Grand Rapids-Wyoming, Mich.; and Syracuse, N.Y.
Several smaller housing markets posted even higher affordability scores than Indianapolis, with Sandusky, Ohio outscoring all others. There, almost 98 percent of homes sold during the first quarter of 2009 were affordable to median-income earners. Other small housing markets ahead of Indianapolis on the affordability scale included Monroe in Michigan and Mansfield, Springfield and Canton-Massillon in Ohio.
New York-White Plains-Wayne, N.Y.-N.J., where just over 21 percent of all homes sold during the period were affordable to those earning the median income of $64,800, was once again the nation’s least affordable major housing market in the first quarter. Though affordability jumped 7 percentage points for the quarter, this was the New York metro area’s fourth consecutive appearance at the bottom of the list. Other major metros near the bottom of the chart included San Francisco; Los Angeles-Long Beach-Glendale, Calif.; Nassau-Suffolk, N.Y.; and Honolulu.
Among smaller metro areas, Ocean City, N.J. was the least affordable market, along with San Luis Obispo-Paso Robles, Calif.; Flagstaff, Ariz.; Hanford-Corcoran, Calif.; and Santa Cruz-Watsonville, Calif., respectively.
Great news for not only homewoners but Investors too!
Blessings,
Charrissa Cawley
P.S. Did you get one of the 12 F.R.E.E. Wealth Camp Tickets that were left? Hurry, call 888 250 6616, ext 705 now or email eneida@reiconferences.com TODAY.
A REAL DEAL for First-Time Homebuyers
Are you a brand new real estate investor wanting to get your feet wet in the world of investing? Have you bought a home of your own? If not, here’s a chance for you to pop the top on a really good deal, get into a home of your own, and possibly not have to take a penny of your own money to the closing table. This once-in-a-lifetime deal comes courtesy of the U.S. Government – in the form of an $8,000 tax credit. Here’s how it works:
If you purchase an FHA-eligible home that you plan to live in, are a first-time homebuyer (or haven’t owned your own home for at least three years), you qualify for this credit if you make the purchase before the end of the year. While this isn’t earth-shaking news anymore, the Federal government just sweetened the pot to make it even easier for you to take advantage of this opportunity.
Now, you can get immediate access to the credit – in the form of a short-term bridge loan from any FHA-qualified lender – that you can take to the closing table for down payment money and/or closing costs! This means that there’s a very good chance that you could possibly get into your first home on a no money down basis.
So, get out there and find yourself a distressed property owner or a short sale opportunity and make something happen! You might not want to live in this property forever, but if you live in it as your primary residence for at least three years, you won’t have to repay the credit. How’s that for a deal?!?
If you’ve been saving towards a down payment on your first home, you can let Uncle Sam make your down payment for you. Here’s another way to add even more value to this just-sweetened tax credit: On May 30-31, my one-of-a-kind Wealth Camp will be in Dallas, TX. This is a golden opportunity for you to learn some of the ways you can locate bargain property – one for you so you can snag your tax credit; and then other properties that will help you to start generating immediate real estate investing wealth.
Now is the time for you to head on over to www.wealthcampseries.com. Even if you’re a more experienced real estate investor or you don’t qualify for this special tax credit, head over there anyway. If you register before the end of the week, I’m throwing in a FREE strategy session at Wealth Camp with me or a member of my team – and you can bring along a guest for FREE.
This is a perfect storm – of OPPORTUNITY! Don’t miss your chance. The remaining spots are going fast!
Happy investing!
Blessings!
Charrissa Cawley
What’s Stopping You from Seizing Real Estate Opportunity?
America really is the Land of Opportunity – and that has never been more evident than it is today. The real estate market enables anyone with some knowledge, initiative, and the will to improve their future to stake their claim to wealth in real estate.
Too many people let fear stop them.
Fear of success, fear of failure, fear of what their friends will say. Regardless of what drives their fear, too many potentially successful real estate investors are letting fear – one of the dirtiest four-letter words to infiltrate the thought processes of otherwise bright and energetic people – to paralyze their movements. This paralysis results in shattered dreams, broken plans, and lives of mediocrity.
Don’t let this happen to you!
Life is too short to waste time on negativity and fear. While it’s true that you might fail in any endeavor you undertake today, it’s equally true that you’ll never reach a pillar of success by keeping your rear end firmly planted on the same seat cushion for the next 40 or 50 years.
If lack of education, motivation, and direction is all that’s holding you back from dipping a tentative toe into the warm waters of real estate investing success, make a firm commitment TODAY that now is the best time to change directions and put yourself on the pathway to success.
I have a ton of useful tools that can help you to bridge the gap between knowing and doing. But you have to pick these tools up and put them to work. So head on over to www.REIconferences.com and learn what thousands of investors already know: Some of the best things in life really are free!
If you’re already making things happen and you need a gentle push to reach the pillar of success, check out my 2009 Wealth Camp. On May 30-31, motivated, success-minded real estate investors are going to descend upon Dallas, TX to soak up real estate knowledge – the kind of knowledge that will propel them to the top of the real estate investing world. Will you be one of them – or will you let a little thing like fear stand in your way like a big schoolyard bully? To stomp fear into the ground once and for all, head on over to www.wealthcampseries.com and see what the buzz is all about.
Blessings!
Charrissa Cawley
Charrissa Welcomes Baby Girl Cawley #3 To The World!
Wow-what a whirlwind couple of days! Yesterday, May 7, 2009 we welcomed our third little girl ., Avery Lauren Cawley, into this world. She is happy and healthy and we are so grateful shes made her debut into the family, finally! I wanted to share a pic of her with all of you , my REI Conferences clients! You guys are the best and are all a real inspiration to me. God has blessed me with a wonderful family, a wonderful business and wonderful clients, and I feel like the luckiest girl on the earth. Thanks for helping make our big day so special with all of the well wishes, flowers and kind words these past few weeks-I appreciate them all and thank you from the bottom of my heart! Mom and Baby are doing great and are looking forward to coming home!
Here are the first pics of little Avery! May she grow up to be a super successful investor:)
share.shutterfly.com/action/welcome?sid=0AbuGTZi5ZtGLmY
Blessings,
Charrissa Cawley
