This afternoon I’m going out to see 3 different properties that are acquisition targets for me. I have no idea how any of the properties will turn out, but I’ve got to tell you this:

It was easy to find good properties in good locations with creative financing. In fact, all I did to find these 3 opportunities was to Read the rest of this entry »

If you listen to the news media, there’s no real way to know what’s going on in the real estate market.

For example, today’s news includes both of these headlines:

• “New Home Sales Climb As Discounts Attract Buyers”
• “Housing Prices Fall At Record Pace”

These headlines aren’t contradictory, but certainly convey opposite tones. You’ll find it interesting to take just a minute to see what these stories actually mean.

First, the reference to “Housing Prices Fall At Record Pace” has to do with the recent release of the Case-Shiller index for the month of June which indicates a year-over-year decline in real estate value of 15.9%.

To be clear, that’s bad. But it’s also quite old data. The first six months of this year were the height of the rapid decline of the real estate market, and much has changed since then. Even within the Case-Shiller report, there’s news that the market appears to be moderating on a month-to-month basis, with several major cities (Atlanta, Boston, Charlotte, Chicago, Cleveland, Dallas, Denver, Minneapolis, New York) actually showing month-to-month improvement.

On the other hand, competing news is out today that says that sales of new homes were up 2.4% in July (according to the commerce department), and that is significantly higher than expected.

With economic data, one always has the choice of seeing the glass as “half full” or “half empty”. I think the best wisdom is to be found by analyzing trends.

The trends I observe presently are:

• Taken nationally, real estate continues to decline in value
• The rate of decline in real estate has slowed SIGNIFICANTLY in recent months
• The vast majority of the present pricing declines are attributable to fewer than 10 markets
• There appears to be more cities breaking through into month-over-month gains with each passing month

For several months, I’ve been “banging the drum” for getting active as a buyer in the real estate market. And frankly, there has been no news or information that has changed my mind about that. In fact, all of the trends point to two things:

• A rapid decrease in the rate of decline in the few markets that are in horrible shape
• A flattening of declines - and even mild improvements - in most of the United States

All of the real estate news that’s released each week can present a confusing picture. But if you factor in each piece of news and pay attention to trends rather than individual news items, you’ll be in a far more informed position than your colleagues. And it’s that information that can give you the confidence to take action at strategically important times…

…just like right now.

Thank you for reading FreeRealEstateTraining.com!

Jesse Jackson has long been in the business of extortion to collect money for his pet company “Rainbow/PUSH Coalition”. His normal mode of operation is to threaten companies with organized boycotts against the company’s products/services until the company makes a substantial “contribution” to Rainbow/PUSH.

This is extortion, and I believe Jesse Jackson is a criminal. He has single handedly done more to hurt race relations in this country than any other person.

But today’s news is not just about Jesse Jackson. It’s about his willingness to accept money from both Fannie Mae and Freddie Mac during the HEIGHT Read the rest of this entry »

Robert Kiyosaki has become very famous, largely as a result of the success of his book Rich Dad, Poor Dad. I’ll admit that when I read that book, it was like a light turned on for me. The notion of using real estate as a “passive wealth builder” was something I’d always heard of, but for some reason the story of Rich Dad, Poor Dad really connected with me.

Because of that, I became a big fan of Robert Kiyosaki for a while. In fact, I used to teach real estate seminars that were coupled with playing Kiyosaki’s “Cashflow 101″ game. The game really was a good tool for learning about your own personality and how you view money.

But then some serious criticisms of Kiyosaki began to arise, forcing me to question his “guru” status a bit more thoroughly. In the interest of full disclosure, I’ve bought 2 or 3 of his books, the Cashflow 101 game and 1 set of audio recordings that featured Kiyosaki and John Burley.

I’ve found all of the products I’ve purchased from him to be helpful and informative. However, I’ve never attended any of his live events.

So if you have an opinion about Robert Kiyosaki, his products or his training, now is the time to sound off! Please, share information both about what Robert Kiyosaki does well and what could be improved upon.

Thanks for reading FreeRealEstateTraining.com!

On Thursday at 9:00 PM ET, I’m teaching the Instant Internet Domination Webinar (yes, it’s 100% free). It’s designed to help real estate investors dominate the internet generally and Google specifically. Don’t believe that Google can be dominated instantly? I’ll prove it to you right now - watch this short video:

If you weren’t able to watch the video, it demonstrates that I am able to get FIRST PAGE rankings in Google for my selected real estate terms - and I do so without spending any money and it takes LESS THAN 30 MINUTES.

Yes you read that correctly.

So, if you’re not yet registered for this special webinar, take a moment right now and do so: Instant Internet Domination Webinar.

I’ll talk with you on Thursday evening!

Thank you for reading FreeRealEstateTraining.com