Monthly Archive for November, 2006

Robert Shemin – Seminar Review

Published on November 27, 2006 in General. 2 Comments

Robert Shemin is a quality lecturer and author who is a top rated instructor at the Learning Annex. I took in his Good Deals or Bad Deals seminar at the Real Estate Wealth Expo at the Jacob Javitz Center in NY on November 18th and 19th. More than a few thousand people gathered to listen to Robert talk about ways to make money in real estate.

Robert executes many types of real estate investments and he shared several of them with the attendees and why he is partial to them. Among them are lease options, rehabbing (he tries to do 3 deals a year), flipping and buying and selling notes and mortgages.

Robert expressed that his success in real estate allows him freedom from the day to day stress of a corporate career. Real estate has also enabled him to help those less fortunate than himself. He said that he gives the proceeds from his products sold at the Learning Annex to charity. He backed up this claim by asking an audience member what his favorite charity was. Robert wrote out a check to the young man to his charity of choice right then and there. While the amount of the check was not revealed, the young man was wide eyed and clearly impressed by the amount of the check.

I thought Robert’s speaking style was lucid and well rounded. He put forward a number of beneficial concepts and engaged the audience in participation. If you are a student of the Learning Annex or are thinking about it, you must check out his class.

Dave Lindahl – Seminar Review

Published on November 22, 2006 in General. 8 Comments

Dave Lindahl was a featured speaker at the Learning Annex Real Estate Wealth Expo at the Jacob Javitz Center in NY on November 18th and 19th. There were several thousand people who came to hear Dave discuss his strategies on investing in apartment buildings without being a landlord to create a positive monthly cash flow.

Dave explained his straightforward 5 Steps to Financial Freedom system during his 90 minute presentation. He presented helpful tips on locating real estate investment clubs to find and finance potential deals. In addition, he communicated what banks look for when determining approval of a mortgage on an apartment building and how he uses market cycles to power his investment deals.

“Successful people take action” is one of Dave Lindahl’s favorite sayings. He described how people may pass on a good deal due to fear of the unknown and that taking action is the way to overcome that fear.

Dave is an affable presenter who offered a clear and concise strategy to invest in apartment building without being a landlord. He conducts seminars around the country and if he is speaking in your area, I recommend hearing what he has to say.

Real Estate Wealth Expo Review – New York 11/18-11/19

Published on November 21, 2006 in General. 0 Comments

I attended the Learning Annex Real Estate Wealth Expo at the Jacob Javitz Center in New York on November 18th and 19th. It was a tremendous experience, with tens of thousands of people in attendance and a large variety of real estate investment experts conducting seminars and speaking on various real estate investing topics. There were also 50-70 exhibitor booths with information ranging from real estate development to property listing services.

The 4 keynote speakers were Jim Cramer from Mad Money Stocks on CNBC, Tony Robbins “Unleash the Power”, Robert Kiyosaki “Rich Dad Poor Dad” and the ever popular Donald Trump.

Jim Cramer was as boisterous as he is on his TV Show. He spoke of several good tips on stock investing and real estate market to invest in although, most of them I have already heard on Mad Money.

Tony Robbins spoke about unleashing the power within and how our behavior dictates our lives and how we are perceived. He was an engaging speaker who kept the audience connected through role playing introduction techniques and exercises. He is receiving 2 thumbs way up from me as the best keynote of the expo.

Robert Kiyosaki was also and excellent speaker who really captures people attention. He spoke on the secrets of attaining wealth through real estate. He revealed his take on the importance of investing and educating yourself in real estate to achieve personal wealth.

Donald Trump was the closing keynote on Sunday evening. He is synonymous in New York (as well as other areas around the U.S. and the world) with real estate. I personally was not as impressed with his speaking style as I was with others at the expo. He obviously is extremely successful in real estate; however his demeanor is well…. demeaning.

I also attended several seminars from the real estate investing experts conducting seminars in smaller (300-500 at a time) venues. I will review each one as separate post on this site, so please stay tuned!

This was an informative expo albeit overwhelming event put on by the Learning Annex. There is a huge interest in real estate investing regardless of the current market. This expo proved that real estate is a tangible vehicle which will endure the twist and turns in the economy over time. The key is choosing the strategy that will work best for you. From distressed property investing to note buying and tax lien investing this expo has something for every investor!

Accuracy in Foreclosure Data

Published on November 15, 2006 in General. 1 Comment

With the rise of investors seeking out other ventures such as foreclosures, one wonders which company is the best data provider. Critics often say that foreclosure data is “inherently” inaccurate, but I beg to differ. Depending on the source, foreclosure data can differ dramatically. With some sites not only is inaccuracy a factor but even their foreclosure classifications are off the mark.

Take a recent article from The Wall Street Journal as an example. They took three competitors and assessed their level of accuracy based on a sample of homes in Atlanta, Georgia. The Journal found that only one of the three sites correctly reported that the price of a house had been cut to $145,900. The site’s competitor placed the property’s value at roughly $204,000.

The Wall Street Journal wasn’t the only source to uncover such divergences in reporting. Inman News also found some variances in foreclosure classifications between a couple of different sites giving one the upper hand when it comes to accurate foreclosure data. According to the article, one data provider estimated a 24% increase in the number of homes in foreclosure, a 53% increase from the previous year. At the same time another reputable data provider reported a decrease in foreclosures by 6.7%, only a 7.3% increase from the previous year. Reason being, the first provider was reporting data on all stages of foreclosures, rather than foreclosures in bank possession, or post auction. This is a huge error in reporting considering some pre-foreclosures never even make it to foreclosure status and should certainly not be included into national statistics.

Although some minor inaccuracies are inevitable, the trustees of the foreclosures themselves aren’t so quick to the draw when updating the data on their own side. This is due in part to legal factors or as simple as a lack of technology. In either case, foreclosures are still highly sought after and having an accurate data provider is one of the first steps to success.

Boca Real Estate Investment Club

Published on November 10, 2006 in General. 0 Comments

David Dweck, founder of the Boca Real Estate Investment Club (BRIC), invited me over to the club’s last meeting of the year. Over 200 people showed up to hear talks on the this month’s topics:

  • Creative ways to buy in today’s real estate market
  • Different ways to generate income from the current real estate market
  • Tips for selling in today’s market

David Dweck founder of the Boca Raton Investment Club (BRIC)

David Dweck is more than a savy investor sharing his knowledge, he is also an enthusiastic speaker and very well connected. I was shocked to hear about some of the people he’s managed to bring to the monthly meetings, everything from rock stars to politicians.

Last night the special guest was Florida State Florida State Senator David AronbergSenator David Aronberg. He talked about the issues that were on the Florida Senate’s plate that concerned the real estate market: property taxes and homeowner’s insurance.

I had the chance to get up and talk about Foreclosure.com and our subscription service to a very receptive crowd. Thanks David for the opportunity and hope to be back again to another of your meetings. For more informaiton on BRIC visit Boca Real Estate Investment club

Real Estate Wealth Expo November 18th and 19th

Published on November 3, 2006 in General. 0 Comments

Hello all,

I will be attending the Learning Annex Real Estate Wealth Expo in New York on November 18th and 19th at the Jacob Javitz Center.

Please feel free to contact me if you are attending and/or speaking. I welcome the opportunity to meet with you in NYC.

Stay tuned to this blog, I will be reviewing the Expo and the speakers/seminars upon my return.

See you there!

Karen

561.981.5337 x387