If you thought real estate investing was scary, you better try this on for size.

Real Estate Investing does not need to be that scary, call Eric Medemar 616-635-0699 an expert in Grand Rapids Real Estate and Grand Rapids Foreclosures

Real Estate Investing FAQ: Buyer locating Strategies

Real Estate Secrets: A conversation with GOD

Hey guys, Eric here

No I don’t have anything to sell you today. But, I do have a
question.

What’s your story?

Yes, I am talking about that story. You know the story you tell
yourself to rationalize why it’s OK to not live life the way
that God or whoever you worship meant you to live.

Do you have kids or at least know a kid? Then you know exactly
how those stories go: “Hey mom or dad I just can’t get a B in
science, i’m no good at it”

When kids tell these stories they have a huge advantage over you
and I because kids have someone to answer to. Kids have someone
someone to be accountable to. Someone who can see through their
B.S and set them on the right track.

When kids tell these completely untrue stories we see right
through them and straighten them out. We remind them of how
great they are, and how much potential they have.

Stop for a minute on your way back home today and picture
yourself as a child, heading home from school with a bad report
card. Except your going home to the BIG Dog Parent (God). What
would you tell him about why it is your living a sub par life?

What lines would you feed him about how things have been unfair
for you?

What do you think he would say back to you?

Would he say “Oh Ken, your right you don’t really need to live
up to your potential?”

Or would he it be more like “Uhhhhh, whats going on Ken, you
know that this isn’t your practice life, the world doesn’t
care what excuses you have. In fact starting right now if you
show up at home with that defeatist attitude, your going to the
naughty step”

Just something to think about….

To your success,
Eric Medemar

http://www.GreatGuruGiveaway.com

To Learn more about the HUGE Potential for investing in Grand Rapids Real Estate Contact me today!

Real Estate Secrets: There is An Elephant in The Room

If it brought down the titanic, could it be taking you down as well?

Folks, I’m talking about the iceberg theory.

Just like icebergs, 20% of investing success is visible above the surface while the other 80% is hidden away. The problem is that every “guru” from here to Kansas is only teaching the 20% that’s visible.

I hate to say it, but without the other 80% in place there is not a real estate investing course in the world that is going to do you a bit of good.

Let me tell you a quick story to illustrate my point.

Imagine that your dream was to go to Australia to see the Opera House in Sydney. You have been dreaming about going to Australia your entire life. You’ve read all the books, you’ve get 70% of the streets memorized, you even have a small tattoo of Australia right above your belly button. Basically you know more about Australia than 99% of Australians do.

The time has finally arrived for you to travel to this far off place you have been dreaming of your entire life then it hits you…..

You find out that you have to fly there. You have never considered that you could not drive there. Through all of your research, your time spent gazing at the Opera House, and reading about the Aboriginal tribes, you failed to see that you would actually have to get on a plain and fly there. The problem is that your petrified of planes, in fact there is no amount of money in the world could get you to set foot on a plane.

Right now real estate “Guru’s” all across America are teaching you about Australia when what you really need is to overcome your fear of planes.

In the next couple of weeks I will be giving my “Fear of flying guide” to everyone who has purchased my Ultimate Investor System. I have been carefully studying the success of “Students who do vs. Students who don’t” and I can tell you right now there is NO DIFFERENCE in the amount of real estate knowledge….

Feel free to check out The Ultimate Investor System at www.UltimateInvestorSystem.com and I will send you my “Fear of flying guide” once I have put the finishing touches on it. If you get your real estate knowledge between now and then, I think you will be ready to set the world on fire.

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Eric Medemar is a expert on Grand Rapids Real Estate and Grand Rapids Foreclosures you can get in touch with him via his website TheForeclosuresMan.com

You can get his FREE Real Estate Secrets Newsletter at his website www.FreeInvestingNewsletters.com

Real estate Secrets: Contingency Success

I am sure you have heard of a contingency clause in a real estate contract. Contingency clauses are basically clauses that say “If that happens then this can happen” some common contingency clauses include.

Offer contingent on buyer obtaining financing
Offer contingent on the sale of the home at 1111 Maple Valley
Offer contingent on buyer approval of inspections

Those are examples of the ways that contingencies are used in real estate contracts. But, did you know that contingencies could be holding you back from experiencing true success both in life and as a real estate investor?

Our economic conditions have resulted in many of us using contingencies to unknowingly limit ourselves in many areas of our lives. The main differences between the two are that real estate contingencies have “Real world” constraints while the contingencies that we place on ourselves have no basis in the real world.

Let’s look at some examples of our life contingencies:

My happiness is contingent upon how much money I make
My happiness is contingent upon whether I have a job or not
My real estate success is contingent on whether or not I can obtain a loan.
My real estate success is contingent on how many courses I can afford to buy

Do you see the difference? In real estate contingencies one outcome is absolutely necessary in order to achieve the other. In our life contingencies we set up 2 completely unrelated things and make them contingent on each other. Your happiness and your salary are not mutually exclusive ideals. You can be happy without a dime to your name. You can experience real estate success without getting a loan.

The best way to counteract this completely absurd way of thinking is to ask yourself “Could I ever have X without Y happening?”

Let’s plug in some examples:

Could I ever have happiness without making $100,000? Of course
Could I really afford a house if I didn’t sell my own? Of course not this is a real world constraint.
Could I ever succeed as an investor without good credit? Of course there are a million ways to succeed without getting a loan.

To your success,
Eric Medemar
Grand Rapids Real Estate Specialist
Real Estate Secrets Author
Grand Rapids Homes

Real Estate Secrets: Free Investing Seminars #8
Video sent by reguy717

http://www.UltimateInvestorSystem.com Wholesaling Expert Eric Medemar is letting you in behind the scenes of his Investing Masterminds Series where he will be sharing his top investing tactics #8

Real Estate Investing: Crashing Market Strategies Explained
Video sent by reguy717

http://www.GreatGuruGiveaway.com Wholesaling Expert Eric Medemar provides insight on our crashing real estate market and gives tips on turning out huge profits with no money down strategies.

Is Now A Good Time To Get Into Real Estate Wholesaling?

It seems like everyday I get at least 5 people asking me this perplexing but very simple to answer question. My answer is always the same. Of course right now is a good time to start wholesaling!

No I don’t say any of this to sell another investing course. If I thought wholesaling was stupid I would just make a new course on a better strategy. Anyway, back to my point

Yes our economy is in the gutter.
Yes our housing market sucks
Yes investor all over America are losing their a$$es
Yes people are running scared.

All of those conditions make it the perfect time to wholesale real estate. Why?

Think about it like this:

Example #1

In a good real estate market home A is worth 100k.
Wholesalers would try to buy at 70k or below.
That is based on buying homes at 70% of current market value.

In a bad market home A is worth 80K
Wholesalers would then need to buy at 70% or less of 80K $56,000
That is based on buying homes at 70% of current market value

70% of a homes current value is still going to be a great deal even if the market completely has bottomed out. Because as a wholesaler you are looking to buy at 70% of the CURRENT market value.

Investors and retail buyers still love to sweep up deals and 70% of current prices, because 70% is still a great deal. Do you follow?

Many rookies mistakenly believe that since homes are selling for 30% less this year that somehow there are just too many good deals already and wholesalers aren’t needed. Nothing could be further from the truth.

Wholesalers still need to put homes under contract using the exact same formulas as before except we need to be careful to adjust our offers to CURRENT market value and not the value that COMPs Are showing.

Anyway I hope that helps.

Lastly, we are getting closer to giving away a free house at our house raffle, don’t miss your chance

Be sure to either leave a comment or subscribe to my blog. On March 1st I will be giving one lucky reader a Free Real Estate Investing Course. Hopefully you will have already bought the course and in that case I will just give your money back.

Eric Medemar
Real Estate Investing FAQ
Real Estate Negotiation System
Real Estate Foreclosures Course

Thank you for stopping by my real estate investing FAQ

For some strange reason people are always wondering what kind of money they can make wholesaling real estate. Here are the basic factors that will determine how much you can make wholesaling.

The price of the home- Typically higher priced homes will have more room for profit then lower priced homes. Example: if you can find a home for 50% FMV (Fair market value) and sell the home for 70% FMV then you would have a 20% spread. 20% of $100k is far more than 20% of 20k.

The motivation of the seller-With all things being held equal, the lower the price that you can put the home under contract for, the greater your profit potential will be. Example: If you can buy the home for 50% FMV and you have buyers that are willing to buy homes at 70% FMV, your profit will be far greater than if you put the home under contract at 60% FMV.

The motivation of the buyer- Owner occupant buyers will typically pay far more for a home than another real estate investor. Owner occupant buyers are willing to pay more simply because they are looking for a home to have as their principal residence rather than as an investment property.

I have personally dealt with different variations of all of the above. When conditions have been have been perfect, meaning I had a very motivated seller and a very motivated buyer I have made up to $28,000 on a single transaction without the need for cash or credit. That is one of the reasons why I decided to become a full time real estate wholesaler.

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