Real Estate Investing Guide: Thinking about Real Estate Investing Insanity

Posted by ericmedem | Posted in Wholesaling Real Estate | Posted on -05-2008

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Real Estate Investing Guide: Real Estate Wholesaling

Real Estate Investing Guide

Isn’t it interesting that statistics show that 94% of you reading this will never get beyond the point of reading about real estate investing?

Do you just like reading about real estate investing? To give you the benefit of the doubt, maybe you got one of those emails that says “If you read these real estate articles Bill Gates is going to send you 1 Billion dollars as a test for Microsoft”.

One of the things that has been perplexing me lately is how many people “Think about real estate investing”. As if thinking about investing is ever going to allow for you to retire and enjoy your golden years the way God has planned for you. If I had a dime for every person over 50 who told me they “Have been ‘thinking’ about investing”, I would have already retired myself.

What is it about this whole “Thinking” concept? My best guess is that instead of thinking about how great life will be as a result of investing, people are thinking of all that could go wrong. The scariest and most overlooked thought, is that most of their imagined worst case scenarios, don’t hold a candle to the worst case scenario of not investing in the first place….

Right now in my home town of Grand Rapids, the opportunities for investment are limitless.  Right now much of the Grand Rapids Real estate is selling at a 20 year low….Yet virtually no one is taking advantage the insane prices that we are seeing.

For example, one of the 3 Grand Rapids Foreclosures that I sold this week breaks down like this

Real Estate Investing Course Reviews

In 2002 This home sold for $94,117

We paid $20,000

Take a look at this payment breakdown….

Estimated Rents on this 2 unit are $1100/month

Total Payment with NO MONEY DOWN is $126.41

$973.00 Gross Cashflow
$50.00 Insurance
- $125.00 Taxes

=$798.00 Cash per month

The scary thing is that deals like these are not at all uncommon.  At last count there were 58 two units in our market priced under $20k….

If you’re interested in retiring in style using Grand Rapids Real Estate ….And your not “Thinking about investing” Please feel free to call me direct at 616-635-0699 or email me at incomehomes@comcast.net

Be sure to pick up your FREE Real Estate Wholesaling Report “6 Simple Steps to Wholesaling Success” by visiting www.UltimateInvestorSystem.com

The Guru Grinder Rip Off Redemption Guarantee

Posted by ericmedem | Posted in Wholesaling Properties | Posted on -05-2008

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Because were often discussing some pretty heavy duty and very expensive stuff within the confines of this website, I feel it’s important that you know… I don’t take my responsibilities as being your trusted adviser lightly.

In fact, I take this position of trusted adviser soooooo seriously that when you purchase ANY of our recommended products through our special tracking links you will have my full backing and access to all of my resources in the unlikely event that one of the guru’s that we recommend would try to screw you over somehow.

To date, only 3 of you have had to take me up on this offer.   But as promised, I ate them alive and in all 3 cases the money was returned within just days of our SCARE the $hit of them requests.

Why am I willing to stick my neck out for you?  Because I love nothing more than scaring them $hitless… Is that so wrong?

Untainted, Unbiased and Often Unkind Guru Reviews

Posted by ericmedem | Posted in Wholesaling Properties | Posted on -05-2008

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Welcome.  My name is Eric and I think you and I are about to become fast friends because navigating you’re way through the nightmarish maze of false promises, over hyped product launches, and flat out misinformation left me flat broke.   Even more horrific was along with each dollar I lost,  another dream was lost as well.

That’s why this site is here. I’m here to be your personal Sherpa on the long and often treacherous journey through the minefield better known as the Opportunity Education Market. (real estate investing,  internet marketing,  home based business)

If this site seems rather unprofessional, unconventional, and sometimes just plain weird.    That’s because it is.   I’m not going to lie.  I’m not some fancy pants writer… As if that’s not already apparent ;-)

I’m no hero either.   Truth be told, I spend about 6 bucks a month to host this crazy site. I do spend an awful lot of money buying all these courses.   That being said, the ones that SUCK, I just send em right back. Don’t worry, I promise to show you how you can do the same (even when they won’t take them back).

Enough already with the small talk, let’s grind some guru’s shall we?