Comments on: 2010 – The Rise of the Sophisticated Real Estate Investor http://chrisrecord.com/2010-the-rise-of-the-sophisticated-real-estate-investor/ Social Media Marketing Blogger, Real Estate Investor & Direct Sales Trainer Wed, 03 Mar 2010 22:45:38 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Bruce http://chrisrecord.com/2010-the-rise-of-the-sophisticated-real-estate-investor/#comment-413 Bruce Sat, 23 Jan 2010 12:41:47 +0000 http://chrisrecord.com/wp/?p=198#comment-413 Wow, great article Chris! Excellent and I believe to be accurate and true in the market today!<br>I'm really excited about 2010 for many different real estate reason, a lot that you have mentioned.<br><br>It will be a very fortunate time for us investors and even more fortunate if I get the opportunity to do<br>business with you. Looking forward to hearing about your continued success!<br><br>Best regards,<br><br>Bruce - BLB LLC Wow, great article Chris! Excellent and I believe to be accurate and true in the market today!
I'm really excited about 2010 for many different real estate reason, a lot that you have mentioned.

It will be a very fortunate time for us investors and even more fortunate if I get the opportunity to do
business with you. Looking forward to hearing about your continued success!

Best regards,

Bruce – BLB LLC

]]> By: Bruce http://chrisrecord.com/2010-the-rise-of-the-sophisticated-real-estate-investor/#comment-395 Bruce Sat, 23 Jan 2010 07:41:47 +0000 http://chrisrecord.com/wp/?p=198#comment-395 Wow, great article Chris! Excellent and I believe to be accurate and true in the market today!<br>I'm really excited about 2010 for many different real estate reason, a lot that you have mentioned.<br><br>It will be a very fortunate time for us investors and even more fortunate if I get the opportunity to do<br>business with you. Looking forward to hearing about your continued success!<br><br>Best regards,<br><br>Bruce - BLB LLC Wow, great article Chris! Excellent and I believe to be accurate and true in the market today!
I'm really excited about 2010 for many different real estate reason, a lot that you have mentioned.

It will be a very fortunate time for us investors and even more fortunate if I get the opportunity to do
business with you. Looking forward to hearing about your continued success!

Best regards,

Bruce – BLB LLC

]]> By: $8000 First-Time Home Buyer Tax Credit Extended! http://chrisrecord.com/2010-the-rise-of-the-sophisticated-real-estate-investor/#comment-120 $8000 First-Time Home Buyer Tax Credit Extended! Thu, 29 Oct 2009 01:44:49 +0000 http://chrisrecord.com/wp/?p=198#comment-120 [...] sophisticated real estate investors are excited about this extension because they are able to work with people facing foreclosure to [...] [...] sophisticated real estate investors are excited about this extension because they are able to work with people facing foreclosure to [...]

]]> By: joepacini http://chrisrecord.com/2010-the-rise-of-the-sophisticated-real-estate-investor/#comment-182 joepacini Mon, 19 Oct 2009 21:10:32 +0000 http://chrisrecord.com/wp/?p=198#comment-182 <a href="http://pacinidevelopment.com" rel="nofollow">pacinidevelopment.com</a> pacinidevelopment.com

]]> By: Chris Record http://chrisrecord.com/2010-the-rise-of-the-sophisticated-real-estate-investor/#comment-183 Chris Record Mon, 19 Oct 2009 20:26:41 +0000 http://chrisrecord.com/wp/?p=198#comment-183 Motivated sellers are always a key demographic in any market so I completely agree with you, however finding REO deals consistently in today's market might be easier than you think. From my experience banks are very willing to offer deep discounts, and buying direct saves a lot of time, energy, money and resources finding deals in the open market. I have some investor friends that are spending over $10k per month advertising to find motivated sellers to strike deals, while other investors are saving that budget and buying direct from the bank. There are pros and cons to both, for instance there is going to be much more flexibility when dealing with someone in pre-foreclosure than you are going to get from the bank. Also, going direct usually means that you have strong financial backing and the ability to buy homes all cash. So it might be a strategy out of reach from the average investor. Based on my personal experience and connections I see that REO's are quickly becoming the top strategy of many seasoned investors. Either way we are in a great market for deals and strategies, the overall key is to Take Massive Action so that people don't miss this perfect storm! Motivated sellers are always a key demographic in any market so I completely agree with you, however finding REO deals consistently in today's market might be easier than you think. From my experience banks are very willing to offer deep discounts, and buying direct saves a lot of time, energy, money and resources finding deals in the open market. I have some investor friends that are spending over $10k per month advertising to find motivated sellers to strike deals, while other investors are saving that budget and buying direct from the bank. There are pros and cons to both, for instance there is going to be much more flexibility when dealing with someone in pre-foreclosure than you are going to get from the bank. Also, going direct usually means that you have strong financial backing and the ability to buy homes all cash. So it might be a strategy out of reach from the average investor. Based on my personal experience and connections I see that REO's are quickly becoming the top strategy of many seasoned investors. Either way we are in a great market for deals and strategies, the overall key is to Take Massive Action so that people don't miss this perfect storm!

]]> By: drivinryan http://chrisrecord.com/2010-the-rise-of-the-sophisticated-real-estate-investor/#comment-181 drivinryan Mon, 19 Oct 2009 20:10:25 +0000 http://chrisrecord.com/wp/?p=198#comment-181 Hey Scott, you post some great questions> I am directly involved in the lending as well as modification of mortgages. <br><br>Yes the banks are trying to modify more homes since most of the properties here in the SF bay area and LA area fell well below the original Home affordability modification program.At the same time however from an insider in the mitigation department of Bank of America the big 3 are taking keys at the rate of 100,000 homes per day across the country.<br><br>This is very alarming and for the3 investor get ready for a new wave of activity to come. Hey Scott, you post some great questions> I am directly involved in the lending as well as modification of mortgages.

Yes the banks are trying to modify more homes since most of the properties here in the SF bay area and LA area fell well below the original Home affordability modification program.At the same time however from an insider in the mitigation department of Bank of America the big 3 are taking keys at the rate of 100,000 homes per day across the country.

This is very alarming and for the3 investor get ready for a new wave of activity to come.

]]> By: drivinryan http://chrisrecord.com/2010-the-rise-of-the-sophisticated-real-estate-investor/#comment-184 drivinryan Mon, 19 Oct 2009 20:06:05 +0000 http://chrisrecord.com/wp/?p=198#comment-184 Hey Chris, I loved this article even more this second time around. You hit on some very important key points that make total sense. I want to that you agaion for this wonderful resource. I have sent you my details for contact on skype as well as FB I look forward to connecting very soon Hey Chris, I loved this article even more this second time around. You hit on some very important key points that make total sense. I want to that you agaion for this wonderful resource. I have sent you my details for contact on skype as well as FB I look forward to connecting very soon

]]> By: joepacini http://chrisrecord.com/2010-the-rise-of-the-sophisticated-real-estate-investor/#comment-113 joepacini Mon, 19 Oct 2009 19:10:32 +0000 http://chrisrecord.com/wp/?p=198#comment-113 <a href="http://pacinidevelopment.com" rel="nofollow">pacinidevelopment.com</a> pacinidevelopment.com

]]> By: 2010 the rise of the sophisticated realestate investor | Wealth http://chrisrecord.com/2010-the-rise-of-the-sophisticated-real-estate-investor/#comment-105 2010 the rise of the sophisticated realestate investor | Wealth Mon, 19 Oct 2009 19:05:22 +0000 http://chrisrecord.com/wp/?p=198#comment-105 [...] calls I decided to make a couple of adjustments to my blog and finish up my review of my new friend Chris’s article 2010 the rise of the sophisticated real estate investor. Chris and I met on Facebook several months ago. We have passed a few articles around to one [...] [...] calls I decided to make a couple of adjustments to my blog and finish up my review of my new friend Chris’s article 2010 the rise of the sophisticated real estate investor. Chris and I met on Facebook several months ago. We have passed a few articles around to one [...]

]]> By: Chris Record http://chrisrecord.com/2010-the-rise-of-the-sophisticated-real-estate-investor/#comment-109 Chris Record Mon, 19 Oct 2009 18:26:41 +0000 http://chrisrecord.com/wp/?p=198#comment-109 Motivated sellers are always a key demographic in any market so I completely agree with you, however finding REO deals consistently in today's market might be easier than you think. From my experience banks are very willing to offer deep discounts, and buying direct saves a lot of time, energy, money and resources finding deals in the open market. I have some investor friends that are spending over $10k per month advertising to find motivated sellers to strike deals, while other investors are saving that budget and buying direct from the bank. There are pros and cons to both, for instance there is going to be much more flexibility when dealing with someone in pre-foreclosure than you are going to get from the bank. Also, going direct usually means that you have strong financial backing and the ability to buy homes all cash. So it might be a strategy out of reach from the average investor. Based on my personal experience and connections I see that REO's are quickly becoming the top strategy of many seasoned investors. Either way we are in a great market for deals and strategies, the overall key is to Take Massive Action so that people don't miss this perfect storm! Motivated sellers are always a key demographic in any market so I completely agree with you, however finding REO deals consistently in today's market might be easier than you think. From my experience banks are very willing to offer deep discounts, and buying direct saves a lot of time, energy, money and resources finding deals in the open market. I have some investor friends that are spending over $10k per month advertising to find motivated sellers to strike deals, while other investors are saving that budget and buying direct from the bank. There are pros and cons to both, for instance there is going to be much more flexibility when dealing with someone in pre-foreclosure than you are going to get from the bank. Also, going direct usually means that you have strong financial backing and the ability to buy homes all cash. So it might be a strategy out of reach from the average investor. Based on my personal experience and connections I see that REO's are quickly becoming the top strategy of many seasoned investors. Either way we are in a great market for deals and strategies, the overall key is to Take Massive Action so that people don't miss this perfect storm!

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