Posts Tagged ‘Finish Line’
Would Fannie Mae Hire YOU As an REO Broker?…REALLY?
Last Updated on Tuesday, 20 April 2010 04:07 Written by Mike Costigan Tuesday, 20 April 2010 04:07
Do you REALLY have what it takes to get in with the big companies as an REO broker? Would they TRULY want to hire you to sell foreclosures on their behalf? Be honest with yourself now…Selling bank owned homes is a lot of work and it involves many special REO processes, that you need to know to a “T”, if you are going to be considered for REO assignments from companies like Fannie Mae. To REALLY “get” the ins and outs of the REO business, it’s wise to learn as much as you can, from anyone who will coach, you before taking on much business. Putting the other foot forward first can quickly get you blacklisted by Asset Managers and banks forever.
Just a reminder of some FREE REO training…
Our next FREE REO Rockstars call is Thursday, April 22, 2010 @ 1:00 PM EST. If you are wanting to get your REO sales up a notch VERY QUICKLY then get on this call. You DO want to join us and learn how to make MORE MONEY…Don’t You?! There is NO COST and of course, No-Obligation. It’s a “pitch free” call to get some momentum behind you and to help you fly past your competitors like Jimmie Johnson rounding the last corner towards the finish line!
I will teach you the Three Quick and Dirty Ways to Start Getting Business NOW!
…AND
The Single Biggest Time-Wasting Activity that most REO “coaches” are screwing you with!
WARNING: As usual. The call will be very crowded and “seats” are going to be limited to the first 147 people. Be PROMPT. It would stink to be #148…WOULDN’T IT?
Conference dial-in number: (866) 576-7975
Participant access code: 885267
Time: 1:00 EST on Thursday, April 22, 2010
P.S. As a special bonus, I will be revealing 1 BIG SHORTCUT to getting on board with THE most desired REO client in the country. Write the call-in number and access code down right now and DO NOT MISS THIS!
Tags: Access Code, Asset Managers, Bank Owned Homes, Banks, Bonus, coach, Dirty Ways, Fannie Mae, Finish Line, Fly, Foreclosures, How To Make More Money, Ins And Outs, Jimmie Johnson, learn, Mike Costigan, Momentum, Notch, Obligation, Participant, Pitch, Reminder, Reo, REO assignments, REO processes, REO Rockstars, Reo Sales, REO training, sell foreclsoures, selling bank owned homes | Posted under Millionaire Maker Tips | No Comments
3 Quick & Dirty Ways to Bust into the REO Business! FREE Call Thursday.
Last Updated on Tuesday, 27 April 2010 04:02 Written by Mike Costigan Monday, 19 April 2010 03:37
While many agents are finding it very tough to compete in today’s REO market, others are thriving. SURPRISE! It comes right down to knowing the ways “in” and then putting your neck out on the line with some guts and hard work and refusing to quit! Big doors swing WIDE open, even doors that have been slammed shut on REO agents for years, when you have the right direction and the will to succeed.
Our next FREE REO Rockstars call is Thursday, April 22, 2010 @ 1:00 PM EST. If you are wanting to get your REO sales up a notch VERY QUICKLY then get on this call. You DO want to join us and learn how to make MORE MONEY…Don’t You?! There is NO COST and of course, No-Obligation. It’s a “pitch free” call to get some momentum behind you and to help you fly past your competitors like Jimmie Johnson rounding the last corner towards the finish line!
I will teach you the Three Quick and Dirty Ways to Start Getting Business NOW!
…AND
The Single Biggest Time-Wasting Activity that most REO “coaches” are screwing you with!
WARNING: As usual. The call will be very crowded and “seats” are going to be limited to the first 147 people. Be PROMPT. It would stink to be #148…WOULDN’T IT?
Conference dial-in number: (866) 576-7975
Participant access code: 885267
Time: 1:00 EST on Thursday, April 22, 2010
P.S. As a special bonus, I will be revealing 1 BIG SHORTCUT to getting on board with THE most desired REO client in the country. Write the call-in number and access code down right now and DO NOT MISS THIS!
Tags: Access Code, April 22, Bonus, Dirty Ways, Doors, Finish Line, Fly, FREE REO training, Guts, How To Make More Money, Jimmie Johnson, learn to sell rEO, Limited, Mike Costigan, Momentum, Notch, Obligation, Open Doors, Participant, People, Pitch, Quick Bust, real estate coaching, REO Rockstars, Reo Sales, REO training course, Right Direction, Screwing, selling bank owned homes, selling foreclosures, selling REO, Surprise | Posted under Millionaire Maker Tips | No Comments
How to Structure an REO Deal That a Hard Money Lender Will Finance
Last Updated on Tuesday, 2 March 2010 08:49 Written by Mike Costigan Tuesday, 2 March 2010 08:45
I get this question on REO Rockstars calls a lot so let me share a bit of free insight on why REO agents and investors buying bank owned homes have their hopes of a golden finish blow out violently, like a speed skater who’s shoved into the boards, trying to squeeze out Apollo Ohno on the last turn before the finish line! Grab a pen and paper and take some notes my friend. This stuff is not for the faint-hearted but it doesn’t take 4 years of torturous training either-just a tiny little bit if focus. You can manage that can’t you? 
…Every day my office receives offers from these “would be” investors. Seems like everyone has taken some class, “learned from a friend”, or just plain walks blindly into the “investor” game. Now not to be critical of REAL investors here. We do business with PLENTY of super smart guys who make a very good living at this. But how do they do it? Well, it begins with the basics of knowing HOW to structure a deal that just makes sense. Contrary to what the “wanna be” guys seem to think, a great deal involves a heck of a lot more than looking at a few comps and speculating on a flip price. Bluntly, It is not the HOUSE that matters. It’s the PLAN. Smart investors, the guys who actually make a career out of this (and no, I’m not talking about some of these TV goofballs who make me cringe as they buy termite infested, water logged, structurally defunct houses and end up rebuilding from the foundation up-HACKS!), break the numbers down to the last penny, including the financing factors. First, they have to consider “where” they are going to get the non-occupant financing and more importantly “how” they are going to convince the hard money guy to fork over a chunk of change to finance the project.
Tags: after repaired value, all cash, analysis, Apollo Ohno, Apollo Ono, average days on market, Bank Owned Homes, Blind Faith, buy foreclsoures, buying bank owned homes, Chunk, commission, comparable sales, Comps, Contrary, defaults, estimated repairs, financing, Finish Line, flip, Goofballs, Grave Mistake, Hacks, hard money, hard money guy, Hard Money Lender, Hard Money Lenders, Heck, higher sales price, holding costs, How to structure an REO deal, investors, lower price, Lt, Mike Costigan, Money Guy, Occupant, Pen And Paper, real estate investor, rehab costs, REO Rockstars, Rockstars, sell foreclosures, selling costs, Smart Investors, Speed Skater, Termite | Posted under Millionaire Maker Tips | No Comments