Keep the ball rolling …
Michigan Foreclosure Articles September 29th, 2006Good Morning Michigan Foreclosures & St Clair County Pesky Foreclosed Hunters in and around the Port Huron Area.Its that time of season that we start putting out apples, carrots and like food bring in those deer to hunt by bow or gun. Don’t forget the turkeys. Its also that time of year we harvest pumpkins for carving or seeds and even pie.
So, why would it be any different than doing the same think for yours truly, good real estate deals aka FSBO, MLS & Foreclosed Properties.
This week has been exceptionally busy with Real Estate. We are getting tons of calls on our properties for sale from people who are move up in size and location. People have been leaving messages when we can’t grab the phone with some real urgency in their voice. Thank God for all the systems we have in place to route those folks to the right spot.
You got to prepare for the future with systems. A system to push marketing, a system to pull leads, a system to follow up, a system to keep your paperwork, etc. … The future real estate investor is changing and having to become sophisticated at finding and delivering deals.
Others will say no way we don’t need systems. Ok, just look what is about to happen in the US …the RTC was big and here comes Zero Down loans / No Equity boom. We were buying 40k dollar houses for 5-10k that needed just paint and carpet. The view of the future for an investor in real estate is get more money. This is going to make the RTC look like it was just a ripple.
I am contacting big players right now, I mean though guys that do X Million and up projects to get on my team. I believe I will need their resources with the what I’m seeing for the future. Can you see the wave that is coming. Just starting to see the signs … Michigan happens to be the first of the northern states while the hot states are starting to turn … its not a bubble but more on the lines of an equalization.
Look at it this way, money flow is part of the economic ecosystem. Right now, every thing is going toward credit score which is part of that economic ecosystem. Example. when pressure builds in certain spots on the planet, the earth opens up and releases pressure in forms of earth quakes or volcanic action … Economics ecosystem is the same way … we are currently feeling the earth quakes for a bit though foreclosures, preforeclosures, short sales, etc. The big volcano is about to go off in several locations and Michigan is the center of attention of this Mt. Saint Helen.
The next Governor hopefully see this coming or they are going to get beat up by the wave. We will be buying good renovation in Detroit again for 10-15 k not the 40-60k markets … the rent to own market will sky rocket where we will be clearing 3-500 positive cash flow … even selling the house for less and providing good stock to the customers.
So, I’ve been working on local projects in and around the Port Huron area this week. Working on subdivision development also on some really nice parcels of land. We have several deals moving with Private Money Partners and that is always exciting. So, start looking out side of your realm for other indicators, it’s the movie matrix, a different realization of that which is going on around you.
Keep your pesky foreclosure hunting going.
It looks to be to really big.

This is bob, signing off for now!
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