Tag Archives: multiple streams of income

5 Reasons to Invest in Probate Property

Probate real estate is one of the most untapped – and profitable – real estate investing niches out there today.

Most investors never consider probate because they either don’t know the niche is out there OR they simply misunderstand it. What this means for you is that there’s a goldmine of opportunity… and the opportunity to serve a market that’s largely underserved.

No competition
Unlike many of the other markets, there’s VERY little competition with probate investing. Sure, there may be a few other investors talking to the same owners, but NOTHING like some of the other markets. PLUS… with this niche, it PAYS to be nice (you can eliminate your cut-throat competition just by being genuine).
Works in every market.
Buyers market… Sellers market… it doesn’t matter! There are always going to be probate deals. People always pass away and estates always need to be probated…
Handsome paydays.
My average paydays are well into 5-figures. And that’s just for WHOLESALE deals. I’ve made as much as $32,000 from a single wholesale deal on a $92,000 property.
Help (I mean REALLY help) people that need you!
If you’re a little bit of a “softer” personality, this is THE niche for you. You get the chance to really help people that need you. It’s not always about the money. And I can tell you that some of my MOST rewarding closings have been probate deals where the seller looks up and me and from the bottom of their heart, they say “thank you. I can finally move on”.
Multiple streams of income
There are many other ways to make money with probate JUST in doing what you’re already doing. A few hundred dollars here and several thousand there. Smart investors know that the key to success is leverage. And probate gives you that opportunity.

Claim your access to a FREE EXCLUSIVE video that reveals the secret strategies, tools and tactics that savvy real estate investors are using to create quiet fortunes through investing in probate (http://www.theprobateprofitsystem.com)… and how to generate consistent 5 and 6-figure pay days with probate property.

To use this article on your own website, include the following: To access a proven probate model, where you’ll learn how to find the right leads, select the ideal seller candidates, get your letter opened, and craft a compelling letter that gets a HUGE response, visit Probate Profit System at http://www.theprobateprofitsystem.com.

Foreclosure Investing: Persistence Pays Off

We’re currently working on a short sale for a property on which the owner hasn’t made a payment since February of 2008. (Yes, the banks CAN take that long to foreclose!).

There had been a few offers along the way, but they were either refused by the lender or the Realtor® she was using didn’t know what to do in order to get the deal closed. In addition, the lender is AHMSI, who is difficult to say the least.

Offers came and went because the bank simply didn’t respond. When we finally got involved, we moved right up the chain of command, contacted the Attorney General for the State of Florida and a few other agencies. Amazingly enough, we got a reply within a few days. Continue reading →

Don’t Forget to Look Back Up At the Mountain

I remember a conversation I had a student and very dear friend of mine. He was someone that I met as a result of real estate and is a constant reminder as to why I continue to build my businesses. (To this day, 99% of my closest friends are people that I’ve met at seminars and events).

But before I take a moment to tell you what the title of this audio newsletter means, I want to take a minute and reflect on some of the people that have been important people in my life as I got up and running and while I continue to run the course with frequent dips and turns!

In a special report I wrote several years ago entitled “7 Critical Success Tips Continue reading →

Multiple Streams of Income

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With the recent economic crash felt ‘round the world, it’s never been more important to diversify. You need to introduce multiple streams of income… In other words, diversify your income streams… your investments… your businesses… It’s just how business is going to operate in the new decade.

You’ve got to have a number of ways to bring in money or you’re going to be left holding the bag one of these days.

Several years ago, the phrase “Multiple Streams of Income” gained significant popularity through seminars, events, and tele-trainings. The company essentially taught that there were 4 ways to make money:

Real Estate Investing;
Infopreneuring;
Internet Marketing; and Continue reading →

Integrated Streams of Income?

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Listen to Lou Castillo’s “Online RE Empire HERE (In this 90 minute interview, Lou reveals how YOU CAN have multiple streams of income with real estate as the foundation)

I remember back about 5 years ago when the whole “Multiple Streams of Income” was all the rage. But, even then… I thought, “Hmmm. How in the heck is anyone supposed to learn 4 VERY DIFFERENT businesses at the same time?”

I consider myself pretty good at multi-tasking and taking on multiple projects at the same time, but when you’re trying to…

… Learn the RE business;
… Figure out how to write ebooks and put them online;
… Speak publicly;
… Understand the stock market; and

… Choose a network marketing company

all at once, it’s no doubt that you wind up running in circles, never really getting ANYTHING accomplished. I know from first hand experience. I would go to a seminar or an event and I would want to come home and do EVERYTHING! I remember starting Continue reading →