Friday Coffee Break» investing

I Bet You DON’T Even Know Who You Voted For! So Stop Your Freakin’ Whining!

Patrick Precourt — Fri, 05 Nov 2010 15:02:53 +0000

When you voted this week, did you actually know who it was you were voting for? Were they a Republican? Were they a Democrat? Do you know what they were actually “claiming” to do for you that would put more money in YOUR pocket for YOUR business? If we, as entrepreneurs, can’t answer this question then we have to look in the mirror and STOP the GLOBAL WHINING! Listen in as I cover this harsh truth and also what I am doing to fight the politicians to ensure real investors can keep making a ton of money with creative real estate investing strategies. I will also cover whether or not I can buy and resell a short sale property (on the MLS) while using the same agent to list the property for the seller and for me. We will also uncover some details when we are holding our upcoming short sale bootcamp, plus the huge opportunity of tax lien investing and so much more. Visit www.fridaycoffeebreak.com for more real estate videos from Patrick Precourt and North Shore Enterprises!

Take a 14 day test drive of the easiest, most comprehensive real estate management platform available! Visit www.PropTrackr.com for more info.

Do Foreclosing Lenders Cross the Line by Black-balling Investor Buyers?

Patrick Precourt — Thu, 15 Jul 2010 21:33:00 +0000

In today’s real estate environment Lenders are doing more and more due diligence and scrutinizing the majority of short sale deals to try to save money. Listen in as we discuss what you should NOT do in order to stay off their BLACK BALL List! On this week’s Friday Coffee Break we also cover where the future of the short sale business is going, where to find out if you need a license to negotiate short sales in your state, how and where to escalate and FHA file, the best way to handle Auctions and whether or not they are an effective way to purchase properties and more. Visit www.fridaycoffeebreak.com for more real estate videos from Patrick Precourt and North Shore Enterprises!

Take a 14 day test drive of the easiest, most comprehensive real estate management platform available! Visit www.PropTrackr.com for more info.

In Real Estate Winners Never Quit and Quitters Never Win! Which One Are You?

Patrick Precourt — Fri, 12 Mar 2010 07:34:21 +0000

In the real estate business quitting or even thinking of quitting is NOT an option! Time and time again I hear too many investors making some sort of excuse! (I am waiting to start because… I can’t do this because… I need to get more educated because…). If you take action and keep pushing through the hurdles you face on a daily basis you will have no other choice but to succeed! Listen in as I not only talk about this ever common business challenge, but I also cover how to weed through all the “GURU’s” on the Internet and which ones to follow, how to deal with a Realtor that is demanding a big deposit on a short sale listing, my opinion on Toxic Assets and what they are and much more.

Visit www.FridayCoffeeBreak.com for more real estate videos from Patrick Precourt of North Shore Enterprises. Join us down in Orlando on March 25th-28th! Learn more at www.ShortSaleBootcamp2010.com!

With the “Updated” FDIC Loss Share Agreements: What’s the Future for Short Sales?

Patrick Precourt — Fri, 26 Feb 2010 00:12:30 +0000

Lately, we have been getting bombarded with questions about the FDIC Loss Share Agreements and whether or not this will crush the short sale world as we know it. I will tell you this; it will affect our short sale businesses. How much you may ask? Well listen in and I will tackle that “hot” issue! On this week’s Friday Coffee Break, we also cover whether or not using a Power of Attorney over an Authorization to Release information is better, whether the use of an Option Contract creates more confusion then it does good for investors, my read on the “new” FHA suspension of the 90 day seasoning guideline and how it will pan out in reference to our flip transactions and much much more. Visit www.FridayCoffeeBreak.com for more real estate videos from Patrick Precourt and www.ManageMyShortSale.com to learn more about the Short Sale Management tool used by hundreds of other Preforeclosure Specialists!

Beware of Realtors Who Learned Short Sales Through A Certification Course!

Patrick Precourt — Fri, 29 Jan 2010 04:32:52 +0000

On this week’s Friday Coffee Break we touch upon the little known facts about dealing with real estate agents that have learned short sales through a half day certification course. Could they possibly be the expert after half a day? Who knows, but make sure you listen to this video and I will let you know what I think! We also cover whether a bankruptcy list is a good list to target and where the best place to get that list is, whether or not you should cover up a mold issue that arises after an inspection, the best way to handle a 2nd lien holder when they are being unreasonable and much more! Visit www.FridayCoffeeBreak.com for more real estate videos from Patrick Precourt!

53 Year Old With No Credit But a Ton of Passion: Where Do I Start?

Patrick Precourt — Fri, 13 Nov 2009 01:27:29 +0000

What would you do if you were 53 years old with no credit and no money, but had an intense burning desire to become extremely successful? Listen in as we go over the most important things to focus on to achieve your goals. Also listen in as we go over what to do when a 2nd lien holder tells you that their debt has been charged off, what a ‘Lender Structured Deed-in-Lieu’ is and how it shows up on your credit report, what to disclose to your C Lender when you are short saling and reselling a property and much more. Visit www.FridayCoffeeBreak.com and www.ShortSaleDailyNews.com for more real estate specific videos and articles.

What is the Proper Insurance for Real Estate Investors? It’s Not That Complicated!

Patrick Precourt — Fri, 06 Nov 2009 04:07:06 +0000

Getting the proper insurance, when you invest in real estate, is a very important part of protecting yourself and your business. Listen in as I talk about what insurance you need and what insurance you don’t need! I also cover whether or not you can buy and flip properties if you are a licensed real estate agent, whether the 2004 Fannie Mae Bulletin states if flipping is legal, what the best list source is for commercial properties and much more. Visit www.FridayCoffeeBreak.com and www.ShortSaleDailyNews.com for more real estate specific videos.

Funding for Back to Back Closes – Don’t Believe all the Hype on the Internet!

Patrick Precourt — Thu, 15 Oct 2009 23:39:40 +0000

Before you jump into the latest “Guru selling a REO or short sale funding program” do your research because it might not be all it is cracked up to be! Listen in as I talk about the “new” back to back funding that is the entire buzz on the internet and what to watch out for in the coming weeks. I also cover which loans the $1500 short sale credit that sellers are going to get from the government will cover, what’s the best approach to discounting a mixed-use commercial property, whether or not the option contract legal, If there is a way to do a short sale when a pre-foreclosure property owner skips town and cannot be found and much more. Visit www.FridayCoffeeBreak.com and www.ShortSaleDailyNews.com for more real estate specific videos and articles.

FHA and VA : Do I Need An Offer To Get A Short Sale Approved?

Patrick Precourt — Fri, 18 Sep 2009 05:28:03 +0000

FHA has revamped the way they discount and has caused some confusion in the industry! Listen in as I go over how they have a sliding discount scale and what those discounts are. This video also covers how I did on my first Mixed Martial Arts Fight, where to get an option contract that allows everyone to market a home , negotiate with the lender then sell to an end buyer for a profit (if there is any), the truth about the benefits of a back to back closing versus a Monday to Monday close and much more. Visit www.FridayCoffeeBreak.com and www.ShortSaleDailyNews.com for more real estate specific videos and articles.

How to Speak with the End Buyers Lender So They Don’t Screw Up Your Flip!

Patrick Precourt — Fri, 15 May 2009 05:29:36 +0000

Knowing how to speak with an end buyer’s lender in a double close or a whole sale flip can make or break your deal! In this video you will see who you need to speak to and what to say when disclosing your short sale flip or double close. This video will also cover if there are laws regarding seasoning and flipping, the grass roots best advertising and marketing piece on the planet, the best way to get attorneys on board and much more… visit www.FridayCoffeeBreak.com for more real estate specific videos.

How to Speak with the End Buyers Lender so they don’t Screw u…