Urgent Action Needed by Today!

I hate to stop our Olympics of Real Estate investing post, but there is need for action to be taken today!

The Government is trying to stop seller finance of any kind unless the property is owner occupied or if the person is a licensed loan officer. I think you can see how this will effect you as a real estate investor.

Let your voice be heard. This has to be done today if you want to help stop this action from being taken. Go to

http://www.regulations.gov/search/Regs/home.html#documentDetail?R=0900006480a6b033

Click on the Submit comment that is below; right above the new proposed HUD Rule. Then you can submit a comment. Some things to consider would be:

• Bank loans are not available on some types of properties
• The tight lending climate has made bank financing “out of reach” for many
• Seller financing is an “age old” tradition based on private property rights
• These rules would prohibit even partial seller financing – i.e. a “seller second”
• According to HUD’s “Residential Finance Survey” in 2001, roughly 40% of all non-farm residential properties in the U.S. are owned free and clear
• An estimated 6 million Americans own a property other than their own primary residence
• An estimated 4.5% of Americans own three or more properties, many purchased solely as investment properties
• 40% of non-owner occupied residences are mobile homes which are more difficult to sell with bank financing
• Approximately 5% of homes in US are for sale or for lease…seller financing may be key to liquidating this inventory

As you know this would have a serious impact on real estate investors. Please Log on today and stop this ridiculous action.

Tomorrow I will be back the Olympic of Real Estate Investing.

The Olympics and Real Estate Investing

I love the Olympics. There is something about watching professionals who have prepared their mind, body and heart to compete against the world for the greatest sport medal of all time – the gold medal. I can only imagine what it would be like to be on that stage to perform for the world. Yesterday I was touched when Alexandre Biodeau won the first ever gold Medal for Canada on their home soil. Don’t get me wrong I am all American and was happy that USA’s Bryon Wilson did not get knocked out of his Bronze Medal seat when the last contender took his place at the top of the run. Every time I watch the Moguls I remember my great friend Burke Alder that was a contender for the 2002 Winter Olympic Games in his home town of Salt Lake City. He was on the US Ski team and was going to be a contender for an Olympic spot. Several months before the Olympics in nationals he blew out his knee and his Olympic hopes where taken over night. As I watched these Amazing Mogul Freestyle Athletes yesterday I also thought about real estate investing and free style skiing. What can we learn from Freestyle Skiers that may help us as real estate investors? If you think I am being too cliche or fake you don’t know me very well. I learn from everything and I mean everything. I also compare anything of value to my life and in doing this I found some very cool parallels of Mogul Free Style Skiing and Real Estate Investing. I look forward to sharing these with you over this week. They include the following:

Be Prepared

Point Your Ski Tips Down

Find Your Line

Choose Your Trick Wisely

Time Counts

Jump To Last Impression

Last Mogul Field

Celebrate

1. Be prepared. You can’t stand at the top of the Olympic Mogul Ski Run without having some serious preparation. The number one problem we see with real estate investors is they have no idea what a property is worth. Over 75% of people we talk to are off on their value of what they think the property is worth and what we KNOW the property is worth. Don’t take the word of one person on what the property will sell for especially if the person is the seller or getting paid as a part of the transition, even if they are representing you. It is interesting when we have our independent evaluators look at a property and determine a value. When we go back to the borrower and let them know what the values came in at, so many borrowers want to “fight the value”. You have to be kidding me. If two independent evaluators go to a property with no judgment and get paid to determine what the home will sale for, that is pretty unbiased. Let me give you an example. Last week we had two evaluations that came in. One was at $145,000 and the other was at $148,000. So the two evaluators that live in the area, that have no motivation other than getting paid to give a value on the property, that do not even know each other, come within $3,000 of each other on the price. We then told the borrower and the borrower thought they were wrong and wanted to challenge the value. Hello, Wake Up! We just saved you from a serious train wreck. We don’t turn down deals because of value we just require the borrower brings in the difference between what we can lend on the property and what they are buying the home for. But don’t get so emotional on a deal that you can’t see reality.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity.

How Real Estate Investors are Helping the Economy Part 9

9. Real Estate Agents

The local buyers and sellers agent will get a commission upon the sell of the property. Again, this money will be in turn spent by the local agents in the market place that will help local business in the area increase their revenue and continue to employ wage earners.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity<--->

How Real Estate Investors are Helping the Economy Part 7

7. Community Tax Basis

If a home is in financial problems or if it is owned by a bank many times the property taxes will go delinquent; thus putting strain on the local economy, the funding for schools, police, fire department and many other much needed public services. By having properties owned by a responsible party, taxes are paid and funds are put back into the local economy.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity<--->

How Real Estate Investors are Helping the Economy Part 6

6. Neighborhood

The value of a home is only as good as the value of the surrounding homes. Thus, when a home goes into financial problems as well as in disrepair it not only hurts the value of that property but it also hurts the value of the surrounding homes. As Investors remodel the property they are increasing not only the value of the subject home but they are also increasing the value of the surrounding homes. This helps the Neighborhood as a whole.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity<--->

How Real Estate Investors are Helping the Economy Part 5

5. National Supply Companies

When a property is remodeled there is carpet ordered, paint ordered and many fixtures needed. Most companies providing these items are national and most of them are in very bad financial shape and every dollar brought in is a major success and also helps these national companies and the people they employee and their families.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity<--->

How Real Estate Investors are Helping the Economy Part 5

5. National Supply Companies

When a property is remodeled there is carpet ordered, paint ordered and many fixtures needed. Most companies providing these items are national and most of them are in very bad financial shape and every dollar brought in is a major success and also helps these national companies and the people they employee and their families.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity<--->

6 Months No Payment Loans!

Our Borrowers have spoken and we have listened. In the next few days we are going to be releasing a new program for Real Estate Investors. It is very simple 6 month loans with no Monthly payments. Also no down payment is required. This program will have a help our real estate investor borrowers be able to have more time to sell the property as well as not have the strain of payments during the process. Stay tuned to our web site and you will see the change made in our Residential Loan Fees.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity<--->

How Real Estate Investors are Helping the Economy Part 4

4. Local Contractors and Handymen

In the current marketplace most contractors and handymen are simply out of work. There was so much building happening that there was more and more Contractors entering the workforce. All of that came to a drastic stop and now there are a lot of these well skilled Contractors and Handymen out of work. These people are not able to feed their families and are in grave need of work. The purchase by an investor provides work for these people that is greatly needed. Again these contractors and handymen now have more funds so they can spend money in the community that helps stimulate the economy.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity<--->

Our Mission

The mission of DoHardMoney.com is to provide Short-term Financing to Real Estate Investors who intend to revitalize Real Estate within communities, counties and across United States. Real Estate revitalization helps homeowners, communities, investors and loan lenders to create wealth. DoHardMoney.com is proud to be part of the solution and the success that real estate investing brings to the country.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity<--->

How Real Estate Investors are Helping the Economy Part 3

3. Insurance Agent and National Company

The local agent is able to make a commission off the insurance and it is also giving funding to insurance companies that is actually being paid and helping to keep the insurance companies in good financial standing.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity<--->

How Real Estate Investors are Helping the Economy Part 2

2. Title Company Buy and Sell

Most title companies are locally owned. The buy closing and the resale closing is employeeing people in the local marketplace that helps the trickle down effect in the entire community. As these companies make money they spend more money and that helps others companies make money.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity<--->

How Real Estate Investors are Helping the Economy Part 1

We want to help our borrowers earn $26,000,000 in profit by December 31, 2012. When we say profit we mean NET not gross. In doing that Do Hard Money.com is providing financing on properties that no one else will finance. There are 11 categories that are helped by an Investor doing a Rehab and Retail investment. Over the next few days we would like to talk about each one of them

1. The Bank or Previous Owner

The Bank or owner is in financial distress. The sell puts much needed capital back into the bank or owner so they can be more solid financially in there company or household.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity<--->

Tips for Real Estate Investors: How to Rehab?

You would have heard or read by now that the real estate is still coming down and the bottom may not be seen until 2011. But this isn’t doom and gloom if you are an investor. Right now, it is probably the best time to invest in real estate when the values are down and the inventory is available. An optimistic viewpoint of looking at the difficulties is looking for the opportunities hidden behind them. And in these difficult times it is most probably the rehabbing of disrepair real estate that you can expect profitability from.

If you say you don’t have any money then it is not something you can’t change. This is where a hard money or private money lender comes in to provide you the resources to invest in your future. As soon as you decide to get started, this is the time when you will soon start looking at enlisting professionals such as real estate agents, appraisers and other successful investors in order to help you build your business and your estate. Here are some tips for the investors looking for opportunities in the real estate rehabbing market.

When it comes to evaluating a property to invest in, you should look for the one that you can price lower than the neighboring market after you would have rehabbed it. How can you know if you have found a good property? Well… take a look at the lowest “Solds” being fixed up and the lowest “Actives” in the immediate area in good conditions. Basically “Solds” tell you about the history and “Actives” show you the future. Make sure you are looking at the comparables related to the exact neighborhood or the immediate area. Too many times investors have gotten comparables from areas which were outside the neighborhood. This mistake can cause you hardships like longer holding period, lowering the price and even losing money.

If you will go conservatively; making smaller profits on more deals, then you will have greater chances of success as compared to going aggressively for few bigger deals. So, the best approach to this business is what is traditionally stated as: “slow and steady wins the race.”

Markets Fall like a Parachute that won’t open, and Rise Like the Climb to Mount Everest, One Painful Step at a Time.

I have heard lots of discussion about buying investment real estate to flip and buying investment real estate to hold. I have a vast experience with both buying and selling as well as buying and holding. Having worked with hundreds of rental properties both for myself and for others I have to tell you that rental properties have not bought the returns I was hoping for. From our resent study over the last 10 years we have seen that rental properties brought in a 5.5% annual return (not including a sales price).

If you sell the property in the future it is really a flip. It is just the number of months you held the property may be longer than a traditional flip.

I recognize that real estate values are at all time lows, I think it is important to realize that values are not going to go up as fast as they came down. It takes hard work, time, and innovation for markets to climb.

Having properties to hold long term should be part of your goal. The End goal would be to have several paid off rental properties that will bring in a consistent income for you month after month. Rental properties are a great vehicle if you want consistent income coming it. It is also a basic need for all people so I love the vehicle. Also there is inheriting value in the real estate itself regardless of what the house is worth. Best of all you can go by and kick the bricks rather than having some electronic document that says you own stock.

These are the days to buy and sale real estate, Fix and flip every home you can get your hands on. Only buy properties you would not mind owning as rental properties. Then if you have trouble selling a property you can turn it into a rental property.

There is no question that Fixing and Flipping homes is a job and does require your attention all the time. You will have to admit that it is the GREATEST job you could ever have. You can work when you want, you can make wonderful returns, and no one tells you what to do. You can make as much or as little money as you want.

My two cents is to Fix and flip every home you possibly can. As you earn money don’t spend it on foolish things, also don’t use it to buy your next fix and flip… Use it to buy and pay cash for a rental property.

You are better off using other people’s money on Fix and flips rather than your own, and use your own money to buy and pay off a rental property. You will have the rental property for a long time and it will produce consistent revenue. The fix and flip you will be in and out over just a few months.

The Truth is that Markets go down and Markets go up. I just want the markets to move, because movement creates opportunity