The 5 M's of Real Estate Investing

Hi Everybody,

In order to become a successful real estate investor there are certain skills that must be mastered. Learning what these skills and practicing them will start you on the road to success.

There are five major skills that must be mastered in this business. I call them the "5 M's of Real Estate Investing.

Mining = Mentalidad

Money = Dinero

Maintenance = Mantenimiento

Marketing = Publicidad

Managing = Manejamiento  

Mining is finding really good deals--deals that will almost guarantee an exceptional return on your investment of money and time.

Money means finding the funding to purchase your real estate investments. Unless you have an endless supply of money-it will be necessary to develop the skill of finding an endless supply.

Maintenance, the easiest to master, is getting an investment property ready to market.  Just find a good and honest maintenance contractor, train him or her to do what you want and how you want it and you are done.

Marketing is critical to the success of real estate investing. You must learn how to rent, sell or lease option the property quickly. Learn quickly and move the property quickly. A real estate investment sitting unoccupied can and will put a dagger in your chances of success.

Managing renters is probably the most difficult skill to master. Not because it is the hardest to learn but because many investors just don't spend the time and effort necessary to learn how to manage their investment properties.

By learning and becoming really good at each of the 5 M's you will increase your chances of investing success one hundred fold. You can contact us if you need help at any time. 

Se Habla Español!!!

Best of luck with your investing!

Manuel B.

(909) 235-1534 or mbhomessolutions@gmail.com  Need to sell quickly? www.mbcbuyshomes.com needs discounted deals? www.megadiscounthomes.com You can also visit: www.leaseoptions1on1.com or http://cositasycosascuriosas.blogspot.com

$32,000 CASH!!!

$32,000 CASH!!!

216 E Wier Rd, Phoenix, AZ 85040 2 St & South of Broadway   Bedrooms:  3 Bathrooms: 2 Car Garage: 2 Sq Ft: 1,120 Year Built: 1952  Centrally Located. Near School and shopping.  NEED REPAIRS. PRIVATE POOL. NO HOA CASH PRICE: $32,000 !!! Plus Closing Costs FINANCED PRICE: $42,000 and WE PAY CLOSING COSTS OWN WITH $12,600 DOWN! NO CREDIT NO QUAL CALL FOR ACCESS 909-319-0332  THIS PROPERTY IS FOR CASH or own with a NO CREDIT-FINANCING WITH AT LEAST $12,600 DOWN... NO CREDIT. NO QUAL. NO BANK. TAX ID NUMBERS ACCEPTED. $2,500 Earnest Deposit Required NO CREDIT FINANCE - 30-45% down  -  Seller pays all closing costs

28655 LAVATERA AVE MURRIETA,CA 92563

Here is a property we have for sale right now.

28655 LAVATERA AVE MURRIETA,CA 92563

ASKING $210K
ARV $250K-$270K
Repair Estimate 10K

Bedrooms: 4
Bathrooms: 2.5
Sqft: 2,905
Lot: 9,148 / .21acres
Property type: Single Family
Year Built: 2004

Last Sold on 07/29/2005 for 453,500.
This is a approved short sale for $201k,we are looking for a 10 to 15 day close.

Repairs- Crack slab, have a bid to fix for $2,800/ Landscape/ All other repairs
are cosmetic
paint,and new flooring.

mbhomessolutions@gmail.com

What is a real estate investment?

A Real Estate Investment property is a building or a family home Other Than That Generates Income -through rent or resale . The price of the investment- and the earnings are driven by supply and demand .
There are Three Ways to start in real estate investment:
 Buy a property
 Buy shares in a real estate investment trust
 Invest in a mutual fund Focus on the real estate sector.
Our Focus is Real Estate Investment by foreclosures , short sales , lease Purchasing and mentoring. Can this be done successfully using Smart Property Investment Strategy .
Foreclosures
Low Interest Rates and rapid Appreciation of the property is the attraction to this type of investment. "You can buy foreclosures for as cheap as 30 % or 40% Below Market , But most foreclosures sell for 5 % Below market, " said John T. Reed , editor of Real Estate Investor's Monthly. Can you forget about paying pennies on the dollar; That just does Happen .
Good buys are available , But They require research , preparation, patience and persistence .
You must learn to navigate the foreclosure process, and That Is Where eat SSPI in. The foreclosure process starts When a property owner falls behind on mortgage payments. Many owners of homes foreclosure Go Into That Have Been Struggling for Almost a year Financially Before they give up , Which Usually Means That You Not Received the house needed repairs or general maintenance for a while .
This May include everything from missing light bulbs to roof leaks. Tree limbs in front yards, broken appliances and windows , and dirty carpets , floors and walls are found in Even very affluent area foreclosures .
Houses in poor condition might fetch bargain prices , But Can repairs boost the cost again. The first rule of real foreclosure is to find a property in a good area with high property resale values, hold your nose, walk through the house and Entire Consider making a low offer.
When a lender decide to foreclose on a property, a notice of default or a lis pendens (Latin for " lawsuit pending " ) is filed , Depending on the state. This document is a public record, and for buyers, it 's the first step in locating a property in foreclosure . A buyer looking for foreclosures Also buy magazines and newsletters dog That list properties in default.
Once a home has-been located, search public records. Look for liens on the property , Since They Can drive up the purchase price. Typically Liens are Placed on a house for unpaid property taxes. Also check out prices and Assessed Value of Neighboring properties.
Research local state foreclosure Laws , sincere They Differ . Some states - Such as Florida , New York , Ohio and Pennsylvania - require the lender to sue the borrower and get a court order for the leaves of the property, a process Known as judicial foreclosure. Other states - Including California and Texas - follow the non -judicial foreclosure process, Which does require a lawsuit .