Free Hud 1 Creator

Here’s another freebie that I really think you’ll dig to help you preparing your short sale Hud 1 Settlement Statement.

If you’re planning on submitting a short sale offer, then you’ll be required to send a HUD 1 settlement statement to the bank with your Short Sale Package.

So – I want to give you my Free Hud 1 Settlement Statement Creator.. It’s an Microsoft Excel file in winzip format and will print out polished, very professional HUD1 forms.

Download it here

Here’s a video tutorial on how to use it:

Let me know how this works for you and if you have any questions in the comments section below

Enjoy

Derek Pierce

Recommended Pre-Foreclosure And Short Sale Courses:

Preforeclosure Mastery

Short Sales Riches System

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How To Get Virtual Assistants For $2 Per Hour

If you’re really looking to grow your real estate investment business (and we all do – right?) and at the same time take more time off, then there comes a point that you must began to outsource.

There’s only so much time in the day and if you’re like me then you got started to escape the ‘ole rat race and free up more time – not create another job.  If you try to do it all on your own, then you’ll drive yourself crazy.

When I say ‘do it all’, I’m referring to:

  • talking to sellers
  • making offers to your seller
  • following up with sellers
  • talking to prospective buyers
  • attending foreclosure sales
  • monitoring your marketing
  • analyzing property values
  • preparing contracts
  • contacting banks
  • submitting offers to banks
  • following up with banks
  • writing articles for your online website for more traffic
  • submitting ads for your site
  • creating videos for your properties for sale- then submitting them to all the video sites

And that’s just to name a few of the task.

Fact is, most of the mundane day to day crap can be handed off to someone else that is happy to do the work for you and for a fraction of what your time is worth.

You can have a whole slew of qualified, educated workers for $2-$4 per hour.

Now- there’s a ton of freelance websites where people from all over the world bid on your project, but I’ve found the one that takes the cake…

It’s a website called Odesk.

And there’s a ton of qualified workers from India and the Philippines fluent in English that are ready to go to work for you tomorrow on the cheap – like $2- $4 per hour.

In a nutshell, here’s my Odesk Review

For starters, the interface is really easy to use within Odesk.  Literally, you can set up an account within a matter of minutes, have a job posted and within 24 hours have numerous bids for your job for you to interview, hire or reject.

You can set up the bidding by the job or you can set it up for hourly work.

Here’s what’s cool about setting up the job by the hour-

The worker must log in to Odesk system and Odesk will take random screen shots of their computer screen for you to review.  This helps to hold the person accountable instead of wasting time on your clock-

After all, you’ll be able to review their time and take a look at the work they’ve completed.

If you hire someone by the hour, it’s not a set it and forget it…

You’ll be responsible for giving them task to complete, and by all mean – YOU must check and review their time logs but it’s extremely easy to do in the admin area.  And if you don’t like the work they’re doing for you, then you can end the task and start interviewing someone else to take their place in a matter of minutes.

Lastly, if you’ve never hired a virtual assistant, then start small.

Hire one person to do a small task, then you can always give them bigger projects as time goes by.  The biggest mistake I’ve made is handing a huge project to someone that I had no prior working experience with.  So start with small projects, and work your way up.

I highly recommend that you get an account with Odesk and start outsourcing some of the mundane task in your business – you’ll be able to focus more on high income producing activities and take more time off while your business continues to operate.

Click Here To Open An Account With Odesk

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5 Free Resources for Determining Market Value

Determining the market value of a property is more important now than ever before. You’re either going to know your numbers or you’ll get killed when you actually start  investing in real estate.

There’s no other option. Period.

And the good ‘ole intranet has made it easier for you and I to determine a property’s value, and even look at the exterior of a home without even leaving the house.

While there’s no substitute for knowing your own market and being clear on what’s happening in your own area.

These resources will help you to do your initial research to get a ballpark figure of what the home may be worth…

Without any more chit chat – here My Top 5 Free Resources for determining a property’s value (and in no particular order).

#1 Bank of America Home Appraisal

#2 Chase Home Value Estimator

# 3 Cyberhomes

# 4 eappraisal.com

This service also includes a Google Map of the property and pulls the estimates from Zillow and  Cyberhomes too.

# 5 Zillow.com

I want to emphasize that I use these tools for my initial research to quickly sift through the dead leads so that I can focus my energy and time on the deals that look to have potential.

These 5 resources should only be used to get a “ballpark” figure and nothing concrete.

Remember, this is a numbers game.

…And the quicker you can throw out the dead deals and focus on the deals that will actually make you money -then you’re on your way to faster, bigger paydays…

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Real Estate Investing Guide

Alright – I’ve finally wrapped up the Real Estate Investing Guide to getting your real estate investor website done on the cheap.

The truth is I had several questions from folks wanting to know how they could use the internet without forking out thousands of dollars on a programmer or some expensive software package.

It took a little longer and more videos than I had anticipated – but after you see this you’ll know exactly what to do step by step of the way.

Here’s the deal -  you’ll learn how to get a fully functional real estate investor website for less than $50 in less than a couple of hours.  And you don’t need to know any coding or technical stuff.

And the best part is – it’s free to you.  (Also, I re-published the first couple of videos here for simplicity- so if you’ve already seen them, then skip to the 3rd video and proceed.)

Real Estate Investor Website Video training # 1

Real Estate Investor Website Video Training # 2

Real Estate Investor Website Video Training # 3

Real Estate Investor Website Video Training # 4

Real Estate Investor Website Video Training # 5

Real Estate Investor Website Video Training # 6

I hope you enjoyed this tutorial. Be sure to leave your comments below…

Later

Derek

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FDIC Puts The Screws To You

If this new video doesn’t get your blood boiling then I don’t know what will…

It’s regarding the deal that One West Bank cooked up with the good ‘ole FDIC for purchasing Indymac’s garbage loans…

It’s a no lose situation for One West while we the tax payers cover the bill!

I feel the screws being put to us as I speak…

Take a look at the video and see for yourself…

onewestvideo

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