Ultimate Bulk REO Secrets

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It’s Not Your Fault the Government Caused This Real Estate Disaster… But you can make a fortune from it when you know what to do. Please Read on…

Click To Play Video 1 on This Series On Bulk REO.

The ‘foreclosure phenomenon’ has plagued the housing market; bank repossessions, REO real estate, has become an uncomfortable norm in a housing market ridden with foreclosures.  Many real estate investors have taken this opportunity to try to buy foreclosed  properties through the “Short Sale” process,  but have faced many unexpected obstacles while questionable marketing practices have begun to overpower the infomercial industry targeting new investors just wanting to capitalize on obvious potential.

Mark Bradley, successful commercial and residential real estate investor, describes his process of disrobing the short sale real estate myth.  Instead applies real estate principles that can land investors huge profits in today’s real estate market.

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When I found this out my shoulders shrunk down. By this time I was in big trouble financially with the kid’s college tuition coming up. My whole business life was flashing in front on my eyes.

But I had been very successful before the real estate crash and even though things were bad I thought there must be a way out of this.That is when I remembered how I got started in real estate. My best success was when I started buying apartment building from banks after the savings and loan crash in the 1980s. The banks had taken back tons of properties as Real Estate Owned by Banks, REO properties.

Like a flash it hit me. Why don’t I Deal directly with the banks and buy bank owned properties!

Even though that Idea sounded good and logical, for some reason I could not stop thinking about all this time and money I had invested in buying short sales.

So I decided to really make a one more go of the short sale thing. I doubled my effort, put in extra time but nothing.

“After about a month I had nothing to show for it. Something inside me said. Go back to what worked for you before. Start buying distressed properties from banks.”

So I did.

I revamped my company to start dealing with banks about their REO properties. Many of my partners said I was crazy. They said things like

“The banks won’t even talk to you unless you have a million dollars to work with.” or “You can’t find any financing out there in today’s market” And “It will take forever to find the right banks and lenders who have good deals on properties”

All the na -sayers didn’t stop me. I was determined to make my new Bulk REO Business work. And work in a big way. Because I knew the banks would be dying to get rid of these properties at deep, deep discounts. Plus, they would want to sell as many as possible in one deal.

And guess what? They were! Besides, I was past the point of no return! I needed to pay college tuition or my kids were moving back in and going to community college.

I used my knowledge of social media and real estate web 2.0 to quickly use the power of the internet to find Banks with REO properties that fit my buying criteria, The funny thing was I found Banks and lenders willing to deal with me and sell me one or 100 REO properties and 5cents to 47 cents on the dollar.

And you know what? Since I was getting such a great deal on these bank owned assets. I found lenders willing the loan on these assets because the loan to value ratio was so low.I started doing really well. And finally redeemed myself. When one of my teenagers said Dad, you should teach other investors how to buy these bank owned REO properties.

I remember all the distressed people I met trying to do short sale deals. So I started copying down all the step that I used to set up my business.

In my next video and video I will show you the A to Z blue print that I used to set up your very own multi-million dollar Bulk REO Real Estate business.

A business that focuses on long term equity goals… monthly cash flow… and build equity anywhere in the nation with any type of property.

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