Streetwise Investing In Rental Housing
May 5, 2009 Programs
This is the book Streetwise Investing In Rental Housing by H. Roger Neal®. At last, here is a common-sense guide to real estate investment. One that outlines an effective hands-on strategy for owning and managing profitable investment property. H. Roger Neal® will be releasing a second edition soon!
Tags: Housing, Investing, Rental, Streetwise
Partnering Your Way To Riches In Real Estate
May 2, 2009 Programs
Partnering Your Way To Riches In Real Estate is the essence of short-cutting your way to multi-millionaire status. The logic is to avoid the laborious task of saving your way through life until you can finally do something.
Tags: Equity, Money, Partnering, Riches
Note Brokering Program
Apr 3, 2009 Programs
There are many ways to invest in real estate. You need to find the ways that appeal to you, and then learn as much as you can about those ways. There is one way to invest in real estate that many people don’t know about. It’s called note brokering. One could even argue that it’s not real estate investing at all. I would be one of those who would disagree. Note brokering is where you sell mortgage notes and structured settlements, that are payable to you or someone else, to a third party. This third party, the buyer, will pay less than the face value of the note in order for the holder/owner of the note to get cash today. In other words, lets say that an owner of a house took back seller financing. He is carrying $100,000 in a first mortgage. He is receiving monthly payments of $700. Now, he can continue to receive the $700 per month until the term has ended, or he can sell that note and mortgage. He would assign the note and mortgage to the note buyer. Hence, the note buyer would then receive the $700 monthly payments and would also gain the existing mortgage on the property. The seller of the note and mortgage could receive $85,000 in cash today, but no longer would he receive his monthly payments on the note and mortgage any longer. Essentially, the seller trades the $700 per month for 30 years for $85,000 today. Where does the note broker come in? Well, we marry the two up and back out a fee for ourselves. We advertise that we buy notes. A note holder calls to sell his note. Our note buyer says that he will pay $95,000 for the $100,000 note. We back out $10,000 for ourselves and offer $85,000 to the seller. The seller agrees and signs our option to buy the note for $85,000. We sign the option to purchase that note from us with our note buyer for $95,000. At the closing, the seller gets a check for $85,000, while we get a check for $10,000. I like to consider note brokering as the sister product to H. Roger Neal™’s $1 DOWN. These two real estate programs have the same elements in common. With both programs, we don’t put any deeds in our names, we have no risk or liability, we don’t need any money, and we don’t need good credit. In other words, in both programs we use the option to purchase where someone else takes all of the risk and puts up all of the money. When you compare this advantage to all investing programs, real estate and otherwise, nothing comes close. One final thought, if you’re just starting out, I highly recommend investing where your loss is minimal, like note brokering. It’s a nice way to just jump in, and not get wet.
Tags: Brokering, Buying Notes, Note, Selling Notes
$1 DOWN®
Feb 27, 2009 Programs
The problem in real estate investing is choosing the right real estate investment course from all of those that are available. I’ve often stated that there are more ways to invest in real estate than there are makes and models of cars! For beginners, I recommend you choose a real estate investment course that has the least exposure. By that, I mean the least amount of risk and liability to the investor. I love real estate investment programs that demand very few dollars to implement, no loans, no interaction with city code inspectors, no tenants, and no deeds in your name. I know it sounds like you’ll never invest in real estate when setting this up as your criteria, but I assure you it is possible. I have a real estate investment course that does just that. It’s called H. Roger Neal’s $1 DOWN. In this real estate investment course, you can benefit like an owner, but only have an ownership interest, so to speak, in the property. This real estate investment course involves using the option to purchase.
There are three elements to the option to purchase:
You can buy it.
You can back out of the deal.
You can assign the deal to someone else.
With my program, you put real estate in contract with one dollar, and that is the limit of your exposure. You can buy it yourself. You can back out and lose one dollar. You can assign the contract to a different buyer and make the difference. If your option to purchase is $300,000 and you sell it to someone else for $320,000, then you make $20,000. It’s that simple. Yes, you need to know how to find buyers, sellers, properties, and you need contracts, but my program teaches all of that. I really like the idea of the $1 DOWN real estate course for new investors, in particular, because they don’t know their market and could make mistakes with real estate investing. As we all know, mistakes generally cost us money. That’s not true, though, for my $1 DOWN program. If you make a mistake, you just won’t make money. More importantly, you won’t lose money.
With the $1 DOWN program you will:
Make Money
Break Even
But Not Lose Money
This is the real estate investment program that I highly recommend for novice investors. The greatest propensity to lose money is while you’re learning a real estate program. Why not learn about real estate without the fear of losing money? That would be the smart thing to do.
Real Estate Investing Course
Feb 6, 2009 Programs
Partnering Your Way To Riches With Other People’s Money is H. Roger Neal™’s newest course. It is comprised of a binder with a huge book inside and 12 audio CD’s. It is one of the most innovative productions yet by H. Roger Neal®. Over the years, investors have wondered how it was possible for H. Roger Neal® to transition from small, cheaper properties to such large, costly properties. Furthermore, they’ve often wondered how it was possible to go from a portfolio of 68 units worth less than two million dollars to 1220 units worth 30 million dollars. It does sound quite impossible, and amazing. It’s very simple, really. If you find a good deal, but don’t have the down payment or financing capabilities, you simply find a partner who does have the down payment and who can obtain the financing. It’s not really that much of a stretch, as long as you know how to find the investor, how to structure the partnership with ownership and cash distributions, and have the know-how of what to buy and what to pay. H. Roger Neal™ outlines the entire gambit from beginning to end, with nothing left out! The new program can be purchased by itself, or with a coaching program of eight 30 minute coaching sessions. Furthermore, shadow programs will be forthcoming where a coach can either fly to your hometown for our famous kitchen teaching, or you can fly to one of H. Roger Neal™’s hometown residences, either in Ohio, Texas, or wherever else he adds to his residence properties. Manhattan, New York is in the works. Partnering Your Way To Riches With Other People’s Money home study course is a stand-alone course where to read and listen and teach yourself the program. For further development, study, and enrichment, an 8-session 30-minute coaching program is offered where you will be given homework assignments weekly and spoon fed the material in an organized fashion. There will be a 4 month follow-up and hotline offered where students can call anytime and as much as they want. The At-Home, or Columbus Shadow, will be a one-on-one session with a coach where the entire course will be taught in your hometown either in your home, or a nearby hotel. You can feel free to ask questions and learn at your own pace. It’s really convenient for those who don’t want to travel, and for those too busy to leave town. If you already own properties, while we’re there we can give you a free property analysis for you to continue to keep, how to improve, or advise to sell what you own. You can fly to a location where H. Roger Neal® is, Ohio or Texas, and learn in his back yard. You will be taught at one of his offices, or at your hotel. It will involve a field trip in most cases. If you want a real estate investing course to teach you how to acquire millions of dollars in real estate without a penny of your own money, in a very short period of time, Partnering Your Way To Riches With Other People’s Money is the real estate program for you!
Real Estate Investing Program
Jan 30, 2009 Programs
There are many ways to invest in real estate. You need to find the ways that appeal to you, and then learn as much as you can about those ways. There is one way to invest in real estate that many people don’t know about. It’s called note brokering. One could even argue that it’s not real estate investing at all. I would be one of those who would disagree. Note brokering is where you sell mortgage notes and structured settlements, that are payable to you or someone else, to a third party. This third party, the buyer, will pay less than the face value of the note in order for the holder/owner of the note to get cash today. In other words, lets say that an owner of a house took back seller financing. He is carrying $100,000 in a first mortgage. He is receiving monthly payments of $700. Now, he can continue to receive the $700 per month until the term has ended, or he can sell that note and mortgage. He would assign the note and mortgage to the note buyer. Hence, the note buyer would then receive the $700 monthly payments and would also gain the existing mortgage on the property. The seller of the note and mortgage could receive $85,000 in cash today, but no longer would he receive his monthly payments on the note and mortgage any longer. Essentially, the seller trades the $700 per month for 30 years for $85,000 today. Where does the note broker come in? Well, we marry the two up and back out a fee for ourselves. We advertise that we buy notes. A note holder calls to sell his note. Our note buyer says that he will pay $95,000 for the $100,000 note. We back out $10,000 for ourselves and offer $85,000 to the seller. The seller agrees and signs our option to buy the note for $85,000. We sign the option to purchase that note from us with our note buyer for $95,000. At the closing, the seller gets a check for $85,000, while we get a check for $10,000. I like to consider note brokering as the sister product to H. Roger Neal™’s $1 DOWN. These two real estate programs have the same elements in common. With both programs, we don’t put any deeds in our names, we have no risk or liability, we don’t need any money, and we don’t need good credit. In other words, in both programs we use the option to purchase where someone else takes all of the risk and puts up all of the money. When you compare this advantage to all investing programs, real estate and otherwise, nothing comes close. One final thought, if you’re just starting out, I highly recommend investing where your loss is minimal, like note brokering. It’s a nice way to just jump in, and not get wet.
Real Estate Investing Guide Book
Dec 5, 2008 Programs
In 1990, the first real estate investing guide book by H. Roger Neal® was released. H. Roger Neal® is as proud of that book today, as he was back then. All of the reviews over all these years have been rave reviews, and I feel that the positive reception from that book catapulted me to where I am today in that public speaking arena. The name of that first book was, and is, Streetwise Investing In Rental Housing. It is one of my most prized accomplishments of my lifetime. Thank you everyone for buying it and liking it. I do, humbly, appreciate it. I really do. I want to take a second to also thank my publicist, Lee Jewell, for finding my book worthy to show to her colleges, convincing them to publish it, and producing a wonderful final product that has fulfilled many of my dreams and voids. Coincidentally, my publisher, Panoply Press, has asked me to re-write, update and such, for a later edition scheduled to be released in the spring of 2008. Streetwise Investing In Rental Housing is almost an autobiography of H. Roger Neal™ through landlording exploits. The theme of the real estate investing guide book is to show real estate investors how they can landlord with little money and no credit, and make enough money to become financially independent. It’s really funny how things worked out. Back in January 1990, I began writing for the first time. I had always wanted to write a book, but I never had the opportunity. There was always something else more important to do. It wasn’t until 1990 that I was willing to spare the time. After everyone was asleep in the house is when I began writing. Typically, I would write from 10:00 P.M. to 3:00 A.M. This was the only time when everyone would leave me alone. They were asleep. Also, the telephone did not ring. So, no one outside the house bothered me while I wrote either. Naturally, I made the mistake of telling everyone close to me that I was writing a book about real estate investing. Most everyone I spoke with informed me that I was wasting my time and would never, in a million years, get published. Very few relatives and friends showed encouragement. One person stated that I was a nobody and would never get published for that reason alone. He said that you had to already be famous in order to get a book published. I told him that I had to get off the phone. He asked, “Why?” I stated that I took that as a challenge and he motivated me. I told him that I had to get off the phone to write more and get finished. Until that time, I never gave a thought as to whether it would get published, or not. I just wanted to write a book. I figured that if it were good enough, someone would publish it. Once I got the real estate investing guide book written, I went to the bookstore and settled into the real estate book section. I took a note pad to write publishers’ information, addresses and telephone numbers, down on it. I simply went home and asked if they were interested in a book like this. Five said they were, so I mailed them out. I had a contract offer in two weeks from Panoply Press, and the rest is history. The real estate technique involves finding 2-unit rental buildings because the theory is to have low cost apartment buildings with 2 rents with one roof. In other words, I would collect 2 rents, but only have 1 mortgage payment. On the other hand, a single rental house would yield only 1 monthly rent and I’d make 1 monthly mortgage payment. The bottom line is that I’d make more money from cash flow. Also, I advise how to manage and repair your rental properties for optimizing your success. I address all facets of ownership and management with all of the pitfalls and advantages associated with landlording. It is a very comprehensive real estate investing guide book. It will even outline objectives and goals that you should set for yourself.
Real Estate Investing Book
Nov 28, 2008 Programs
In the first real estate investing book by H. Roger Neal®, Streetwise Investing In Rental Housing, in a large section devoted to tenant laws, landlord rights, and property management. Most people just starting out in real estate don’t have the foggiest ideas of local and federal laws, aside from the art of dealing with people in this setting, and this real estate investing book sheds light on this subject. In addition, new investors soon realize the awful reality that most tenants will not pay their rent if they catch wind that their landlord is a softie. What’s worse, the tenants try you, much like a small child, to see what they can get away with. The more that you let them get away with, the worse the tenants will become. It’s nice to think that you will have tenants who will keep the relationship purely on a business and professional level, but the reality of landlording is totally the opposite. The reality is that people prioritize when they pay bills. Everybody does it, even me. You do it as well. You’ll make your house payment first, car payment second, and then pay utilities and buy food and gasoline. Tenants are no different than we are. Since the car payment requires a late charge and goes on your credit report as to if it’s paid on time or not, they will make that payment before your rent because you’re a nice person who allows them to pay late without a late charge. Isn’t it just a little unfair that we pay our mortgages first while the tenants pay the rent last? I think so, and if you’re going to landlord, you should as well. So, how do you get tenants to pay rent on time? First, upon signing the lease you show on the lease where there is an horrendous 10% late fee. Then you add the remark that late rent will be rejected without the late charge included. You must really return the late rent without the late charge. Don’t cash it and write them a new check. You must return the rent check, or money order, before it was given to you. You simply write a small note stating that they must include the late charge, as it is stated in the lease and stated by you at the time of renting to them. In addition, I state in my lease that late rent, paid on or after the 6th, must not be paid with a check, rather with a money order or a bank certified check. Furthermore, this real estate investing book explains how I promptly give out eviction notices on the first day that the late charge goes into effect. The tenants discover quickly that they are dealing with a brick wall with no give. In summation, if you want to learn the best landlording techniques from H. Roger Neal® in what many people consider the best real estate investing book ever written, then pick up a copy of Streetwise Investing In Rental Housing at your local bookstore.
Real Estate Book
Nov 21, 2008 Programs
The newest real estate book by H. Roger Neal® is Partnering Your Way To Riches In Real Estate With Other People’s Money. This has been a book that has longed to be written. Investors has wondered for years how H. Roger Neal® has the ability to buy so many apartment complexes for so much money. This question, and so many others, has been answered in this real estate book. H. Roger Neal® addresses the four main acquisition obstacles in the property acquisition process in this real estate book. Those four main obstacles are: finding good deals, knowing good deals when you see them, getting the down payments, and obtaining financing for the properties. In attempting to do this, you would think that all you would need is to take all of your millions, A+ credit rating, and polish it off with learning savvy acquisition techniques. That’s sounds great, but most of you do not have any of the variables to close a big deal, even aside from no money, or credit. That’s why H. Roger Neal® has written about this subject in his new real estate book. These are, indeed, the same techniques that he used in the property acquisition of over 30 million dollars worth of real estate. Here is where other people’s money (opm) comes in. Your question at this juncture would be, “Why would someone give me one million dollars for the down payment?” The short answer is that they want to make more money. The long answer is that they have lots of money, they’d like to make even more money, they can be doing something else while you’re doing all of the work, and it will make more money than most of his current investments. H. Roger Neal® teaches you in this real estate book how to find good deals and know them when you see them. This makes it attractive for your investor putting up all of the money. H. Roger Neal® also teaches you in this real estate book how to find small investors, large investors, and venture capitalists for your project down payments. This, as you’ve already found out, is no easy task. So, this real estate book just might be the one for you.
Best Real Estate Book
Nov 14, 2008 Programs
H. Roger Neal™ has a fabulous collection of 125 Ways To Buy Property Wholesale altogether in the best real estate book in acquiring real estate. Authors have written about everything under the sun in their real estate books, but here is a collection of most of the ideas ever assembled all geared for one theme, the buying of real estate at wholesale prices.
Writers have criticized H. Roger Neal™ for years about his ability to find real estate at such ridiculously low prices, fix them up at ridiculously low prices, and sell them at retail prices.
I will be the first one to admit that a 4-unit, 2-units up and 2-units down, all brick, apartment building for $6,000, that was sold for $45,000, is quite absurd. If, on the other hand, you realize that it was all boarded up, a tree was inside the roof trusses, and it wasn’t in that great of a neighborhood, then it isn’t much of a stretch.
When I buy a house for $19,000 that is appraised for $63,000, I have a harder time explaining to someone how it’s not that hard if you know how to find them.
In 1997, I gave a speech at my local real estate investor’s association and I was explaining about how I had just closed two doubles, 2-units side-by-side under one roof, for $20,000 each. I had an investor near the front row challenge me in front of nearly 200 people. He insisted that it was impossible to buy anything in Columbus, Ohio for $20,000! I answered with a counter challenge arguing that I had bought those buildings for my real estate investing portfolio. However, if he didn’t mind paying $50,000 cash, allow me to make a quick $10,000, I would sell them both to him. He accepted the challenge and I gave him the addresses and current rental amounts and gave him my business card with my cell phone on it. Needless to say, he did the drive by, made an appointment for inspection, and did pay $50,000 cash for both of the properties in just a couple of days after the meeting. (I guess I showed him!) It doesn’t stop there, though, so that’s what inspired the best real estate book for property acquisition 125 Ways To Buy Property Wholesale. Being a Vietnam veteran myself, I’m not one to be challenged. Be advised to be nice when asking H. Roger Neal® questions. I’d be more than happy to address these questions and concerns with hard evidence. Otherwise, there just might be a counter challenge. You might be the one called on the carpet. So, be careful when asking in an argumentative manner. When it comes to real estate at wholesale prices, I just my have to challenge you to buy the best real estate book and program for property acquisition!
