Thursday, December 23, 2010

Your new years resolution solution



Christmas is over and the new year approaches us. What will be your new years resolutions? I always write mine down look at it everyday to remind myself what I want to get accomplished.

Resolutions can just be dreams or realty. It's all up to you. You run your own mind most of the time and you make your most important decisions. I believe that your decisions are based on people you surround yourself with.

Example I know a lot of people who make their own decisions make sure their friends and relatives are OK with that decision. I always want to make sure that the people who I like to help me make decisions pass a few test.
  1. They must be a professional in the area I need consulting on. Example You wouldn't go to a doctor to get an opinion on how to predict the weather.
  2. I always like to make sure that their intentions are good. Example they may make someone look bad in order to get the job themselves.
  3. Always want them to be doing better than me financially. Why would I listen to someone that is not doing good as me?
  4. Lastly they must be trust worthy period!
People can sway you in a total different direction and sometimes that's OK. Just make sure all that all the are passed. These decisions can make or break your financial success. Everyone can tell you how not to do things. I always kick them out right away.

The professionals I listen to always have a way to get things done. They always know how to do things and are eager to share their ways with you. They are interested in being as well off as they are!

This year make your resolutions but be careful who you listen too.
Brett Young Valley Realty WWW.Rooftopprofitmax.com

Sunday, December 12, 2010

Are we really going for broke?



I look back at some bad times in America like the depression. Even though I was not even thought about yet, I still watch the films and see how bad it was then.

We can go back to the early a the 70's and early 80's and see some times were inflation was rapid. That is when I got in the game. I decided to see if history did indeed repeat itself. Looking and finding good deals was not a problem. I was getting 2-3 bedroom condos for $15,000-$35,000. They rented out for $600-$700 a month. My company made a handsome profit during those times.

Putting a property up for rent was easy and fast. We had lines at the doors sometimes because people had to get a place. This allowed us to make great money during that time.

Today is very similar to those days except for the inflation. We are buying properties for the same prices $15k-35K and renting them for $700-$1100 per month. We make a great cash flow and have some great properties in very quality neighborhoods.

I eventually sold those condos i bought in the 70's and 80's for a very handsome profit. I not only made a great cash flow but ended up with a great profit selling the property. That all happened in a 6-8 year period. I was glad that history repeated itself.

This market is going on it's 5th year and I see some great changes coming down the pike. Me and my clients have positioned ourselves to make a great profit in cash flow now and a huge profit if and when we sell the properties. Some clients may like the cash flow so much they will just keep that rolling in.

I always like to sell and pocket the profit when the market turns. Good market make excellent flip markets, that is what I will be doing.

So if your wondering about the future look back and you'll get your answers. Sure there are different things happening know but a lot of it is the same. So quit your crying about the economy and get involved in the opportunities that can make great cash flow now and massive profit in the future! Brett A Young Valley Realty www.Rooftopprofitmax.com

Sunday, December 5, 2010

Keep on Advertising


I watch and listen to a lot of business people, and they all have a very common theme. December is a waste of time no one is buying. Wow that is so far from the truth.

December is a great time to advertise not only in retail but any business. The competition is very low. Most people don't try or they take the month off. That 's fine as long as your sales are good for the year. But remember less services advertising means higher visibility for your business or service.

You still need to advertise and market because January is right around the corner. I've had clients that haven't bought in a year come back and buy because of my ads. Your clients and potential clients need to see you on a consistent basis. You don't want to be behind when the new year rolls around.

Example I took a client out yesterday from Chicago that had looked and followed my content. He said that it explained all the services I offered (which saved me a lot of time). When we took him out to look at properties he was already informed and knew what he wanted. We are getting him two properties.

There are many ways to market. Blogs, ads, bookmarking, videos, audio are but a few and the cost is very low. I had 5,000 hits this last month and 20+ opt in's that want to do business.

Have a fun and happy holiday's but remember that you need a few hours everyday to tend to marketing. You may have run ads for a long time with nothing but if your consistent you will get results.

One last example when I first got in the biz I sent out 100 postcards a week. The quality of the cards were very average. I had sent them out for weeks on end without any responses, then I got a call. A gentlemen wanted me to list his land and sell it, which I did. After that he wanted 3 more investment properties which again I found them. I made $30,000+ in commissions and fees from those transactions. I also bought a home from him to live in and later sold it for $100,000 profit. That's $130,000 on one postcard that I consistently sent out.

When your ready to give up on your marketing remember you may be one postcard or hit away from making very good money! I have many other examples that have happened and know that any good business or service must be marketed to have clients and sales! Brett A Young WWW.Rooftopprofitmax.com

Sunday, November 28, 2010

Building a great team


Whatever type of business you are in a great team can be hard to replace. I know this from have two successful business's.

The way to build a great team is not simply going out and looking for them, but to also verify there work. People always tell people always tell me don't do that you'll offend them. So what! You must always want your team to be the best for your client. The client must always come first, this is what a great team means.

For example this weekend (Friday) we needed some work done on a home. My team didn't say they were out of town or shopping they took care of it. I personally took care of it before a movie started. We all got on the phone made a plan and the team executed it.

Everyone is a team player when it is convenient but when it isn't then you find out what type of team you have.

You must also make sure they are doing the quality of work you want. I always go out to each property and verify that the work was done and done properly. This saves my client time and money. It also ensures that we will get that property turned quicker and for top price.

Always make sure you praise your team when they are doing great. There will be times you will not be happy with the work so praising them when it is right keeps the floor even.

I had a client bring a friend to a home to look at our work (which was not completed) she got very nasty with my team. That will get you nowhere, it just gets people upset. We were their to look at the property and make some adjustments the client wanted. Being mean and nasty just will get nothing done and is very unproductive. We made the changes and left on a great note!

Listen to your teams ideas is always good to, because they are on the front lines and see things I may not see. Although the decision is always on my shoulders I always listen to my team. We had one team member on Friday that gave me a great idea on rentals and we will be implementing it this week! Being a know it all really hurts your chances of learning new stuff for you and your client.

So remember building a great team means you need to listen and verify all the task they do. Your client is always the most important reason for any decision your team or you makes. Always benefit your client and you'll have a great team in place.
Brett A Young
Real Estate Investment
Valley Realty and Rooftopprofitmax.com

Sunday, November 21, 2010

Life is to short for failure



I was talking to a investor that I met over the Internet. He had a few issues with construction and property management. He said that both were hard to deal with if you didn't do real estate investing full time.

The investor also informed that their are a lot of people that invest in real estate that have the same problems. I can emphasize with his problems. When I set my company up I addresses those type of problems and had them myself.

I had contractors that took to long and sometimes went over budget (never effected my clients price on each job). I got sick of the sleepless nights and moved to Ohio to take up the mantle and make sure this didn't happen to me anymore. Sure I was getting homes done on time and in budget, but still I needed to be their and make sure my clients standards were met. I now have a great construction company that know what me and my clients expect and demand on rehabs. Quality work done on budget and on time.

My property management was running very good, but still as always it can get better. Me and my property manager put our heads together and came up with better ways to do the property management. Thus making more money for our clients and growing our company to allow more services. We have a property management company you can get a hold and takes care of all your properties needs. We now have maintenance plans that keep your rental properties worry free WWW.rooftoprentals.info

All that happens because of great planning and marketing. Rooftopproftmax is a team effort and I have some of the best people in the industry around me. Having all these systems in place for our clients allows them to focus on buying more real estate investments.

By the way my investor friend teamed up with me and gave me 3 great projects to help him with. He understands that you can't do real estate investing by yourself, you need a seasoned team around you to make sure things are done on budget and on time.
Brett A young
Real Estate Investment Properties
Valley Realty

Sunday, November 14, 2010

What should you do in December?



I hear a lot of Realtors and real estate investors say that they will not be working in December. In fact some just take the whole month off. December has a lot less buyers and creates an environment of great buys. I had one fellow Realtor tell me to just shut done shop and take the total winter off. I of course did not do that, I went on with my business.

Some banks close out their yearly books in December and want to unload some assets that doesn't perform in there portfolio, this creates great buys for you as an investor. They all the sudden have more time to get your deals done.

Come January people get there tax checks rolling and buying home suddenly becomes popular again. December everyone is having a great time and not thinking about the future.

I say that's the best time to do both. Have fun and get some great Christmas gifts called discounted real estate. Banks and sellers don't have the volume in December which allows your deals to be more of a priority.

I've got some of my greatest deals in December. In fact December was my biggest month a couple of years. December has less competitors for real estate. People travel a lot and attend many functions for the Holiday season.

People also want to sell their real estate in December. Making offers on properties that have been on the market a long time may land you a great deal. Looking at great deals on the first day on the market in December may get you another great buy! People seem to be in the mood and that helps you get these deals done.

Just remember that my offices are always open in December and looking for great deals. Me and my clients are always looking for great deals 12 months out of the year. Consider December a bonus month for great buys and having fun at your Holiday Parties!
Brett A Young
Real Estate Investment
Valley Realty

Saturday, November 6, 2010

What does the election mean for investors?


Whether your a Democrat,Republican,Independent this election has changed the climate for investors. What will be the difference in the real estate market and lending?

My opinion of the current real estate market their are great buys for Savoy investors. You need to be careful in your investing but there has never been a better time to do it. The rental market is very good in most areas, and so is some flips. I believe in buying the lowest priced deals in the highest quality areas.

I think that the lending rules will change a bit and get some money flowing in this market. That will decrease the foreclosures and start an uptick on the real estate market. The mid west will really take off just because they are so affordable.

Arizona and Nevada will be closely behind. I would stay out of California until they get their books in order.

What am I saying? If your still on the sidelines with real estate it's time to get going. The window is shutting on this great buyers market.

Think about it real estate has been in turmoil for 4 years, it's time for the table to start turning to a sellers market. That means massive money will be flowing for those who bought in this market. Don't believe me look at history, the richest families in America did it in real estate investing.

I personally bought a Duplex from an estate for $9,000 2 weeks ago! That property does need some work but will cash flow $800+ per month. When the market turns I'll make a very handsome profit on it. WOW! that's exciting.

Understanding that today is the day can make you a lot of money!

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Brett young
Owner/ CEO Roof Top Investment
Real Estate Investment

Monday, October 25, 2010

Make time for your clients


Having time for your clients is a important part of growing your business. Your customer needs to know that you want to talk to them and see what their concerns are.

You may also get a sell out of it. Either way they talk to a lot of people (word of mouth) and that can grow or kill your business. What they see with you can be positive or negative.

That brings up one more point, always be careful with the people who are around you, they also can make or break your company. When you are thinking about having a person help you with your business, make sure they represent themselves well with your clients. They will also be representing you and your services with clients.

I took a client out yesterday and she had a lot of great questions. She saw her investments and informed me what she liked and more importantly what she didn't like. I have a lot of great information that will help me understand her needs.

That is what having your business is. When you work for a company and are not in sales then you do not have to deal with clients day to day. When you are in sales like I am then it makes or breaks you. As a salesperson you are the company to that client your talking to!

I also took my property manager and he also was great with the client and helped explain things I didn't know a lot about. That helped my client have more confidence in my service.

Remember in some cases the client pays money to come and see you via travel. So spending time with them is very important. Face to Face is still the best way to sale and communicate with your clients. You can't see facial expressions and body language via phone. That helps you understand their needs and wants with your company

So making sure that you listen to your clients is very important and can make or break you in business. Brett Young Valley Realty Rooftopprofitmax
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Brett young
Owner/ CEO Roof Top Investment
Real Estate Investment

Sunday, October 17, 2010

Having time to do your own business


Doing any business can take a lot of time. I mean you don't get a product and start a website that sells that product and get immediate profit. It takes a lot of time and effort.

Having the time to meet with clients and do proper marketing can take a lot of time. Clients time is valuable and you need to make sure you or someone in your organization has the time to meet with clients.

Marketing is probably the most important thing to focus on when you open a business. This does take time and some dough. Unless you understand the Internet it can be costly. A site I like to use in Elance it has a lot of vendors that help you with your venture. It also allows a lot of people to bid your project.

Running day to day need to be consistent. Answering the phone can sometimes be a challenge. Their are services out their that will answer the phone and email you the calls. Make sure their professional and do their job, good news is that they can cost as little as $50.00 per month.

Setting up email campaigns is very important. Once you have a potential client email you need to make sure you stay in contact with them. You can do this through services like Icontact and other similar types of email services. Those services allow you to send a weekly ad to your potential client, this lets your potential clients see what your doing and may get them off the fence and start giving you business.

These are just a few things you can do to get your business going. Just remember a business doesn't take just overnight it takes a lot of time and effort to be successful. Brett Young Valley Realty WWW.Rooftopinvestment.com
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Brett young
Owner/ CEO Roof Top Investment
Real Estate Investment

Monday, October 11, 2010

Making your own bank

Rooftop Profit Max assists our investors with investment purchases with land contracts. Land Contracts can make you a fortune in cash flow and sales profit, quickly.

Example:
We find you a quality home in a great neighborhood and coordinate the rehab for a total investment of $35,000-$45,000. The turn around time is generally 30-90 days. The purchase is 2-4 weeks, rehab 2-3 weeks, then the sale is 30 days approx.

We help you sell the home on a land contract for $80,000. These homes are easily appraising for that amount. That's a $40,000+ profit.

The buyer will put $1500 to $2000 down and pay $800 per month. This home will Cash Flow $500+ a month net.

You can hold your contract or you can loan against it. In this example, you have $40,000 in the home that has been sold for $80,000. A private investor should jump on this opportunity. You pay them 10% interest only, on the $40,000 loan for the life of the contract. They will of course have a 1st lien position at 50% LTV (loan to value). With this scenario, you will still have $300+ cash flow, and have $0 invested in the property. You will also make $40,000 when the sale close (generally 3-5 years) WOW! This process can be repeated over and over again, because you have pulled all your money back out of the investment. Remember, you will have absolutely no maintenance costs. The new owner will have all the finacial responsibilities.

We understand this process, and can help you get this done. We have the resources and the ability to act fast on these type of deals. Just think, no more banks! Call me today if you have any other questions 602-363-6551.

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Brett young
Owner/ CEO Roof Top Investment
Real Estate Investment

Sunday, October 3, 2010

Creating a niche business can make you money


This economy is definitely a struggle for our country, but you can still make a lot of money with a niche business.

I personally set up two successful niche businesses. The first was a pet food company with a twist. I delivered dog food to the door of people. I also carried brands that the big chains didn't carry. That tied a brand to me and usually it was cheaper than comparable brands.

That business is still open today www.gooberpetdirect.com. Goober was my dog and who couldn't remember that name. I grew is to 6000 clients and 1 million a year in sales, it was in Petsmart's back yard.

The second one is my current one. I set up an investment program with a twist. You can buy out of state properties for very low prices. We also have the construction team and property management team to ensure our clients success on each property.

That business currently does $60,000 a month in rent and almost 1 million in fees. I have around 30 clients in that business.

Niche business's are harder to set up, but that is why they are successful. You have to run every detail of the business at first. As you grow you will make enough money to start hiring good people to help you with your growing business.

The mistakes I see people doing out there is trying to do everything themselves and not exercising their minds to learning new ways to make money. The only way to do that is get some good people around you to help you grow.

Some business owners get a little to detailed in the business (and that's OK) just make sure your paychecks reflect your work. In a niche business you can usually create a great income. So remember anything you do in life is hard work, so make sure it's worth it.

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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
WWW.Rooftopprofitmax.com

Sunday, September 26, 2010

Being your own bank


I talked to a great friend of mine this week and he informed of another way to sell real estate, on a land contract.

As you probably know that banks just aren't lending. IN fact new Wells Fargo ad shows a family on a trip that can access there checking account to make sure they still have money I guess. What's missing is they don't even mention getting you a loan, because that's not want they want. They just want your deposits to loan to federal agencies that pays them a great return. That's how we finance this deficit, with taxes and banks.

So the land contract can be a great way for you to become the bank. With homes being $15k you can afford to do this. It's really a great time for you to create wealth!

Here is how it works, say you pay a total of $40,000 with rehab on a home. You advertise your home for sale and you will carry the note. Get a down payment from the new client, at least a down payment of $1500-$2000. Make sure that can also qualify for a mortgage in the future.

The payment should mirror the rents in the area or even a little more. For example say $900 is the rent then that should be your payment. So add up your taxes (monthly) and your insurance (monthly). Then after you add the total cost of those items then add the rest to make it up to at least the rent in the area. In this example it is $900.

Make the amortization table reflect the payment not including the taxes and insurance. This allows the buyer to take a tax deduction on the interest. Don't worry about the interest rate just make sure you have the right payment.

The price of the home should reflect the top of the market on that home. This example it would be $85,000-$90,000. So your selling price should reflect that minus the down payment.

After you have all that done then wait 3-4 months and sell your note. In this example you have $40,000 in the home. Advertise you'll pay 10% on the note for the life of the contract. The investor (note buyer)will get a first lien position at a 50% LTV (loan to Value). I don't think the banks are paying that great of an interest rate.

You'll still make a great profit on the monthly payment and you'll have a $45,000-$50,000 spread. You can now go out and buy more homes with your money, and increase your wealth every deal.

That example can be done a million different ways. Just make sure you get all the money you have in the home and make some profit on the back end of the deal. This will bring you a great income today and in the future.

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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment

Monday, September 20, 2010

What type of investment system do you have?


I run into a lot of so called experts that make huge profit claims. In fact I spoke to one a few months ago that informed me that the client wasn't really going to do all that well on their real estate investments. They were fine with the clients making little to nothing and the so called expert was OK with that.

I was a little surprised and upset that someone in our field would say that. Experts are supposed to take care of all the investments that are purchased with their system.

Really a system shouldn't just cover the purchase of an investment property, but the length of time your client owns the property. That includes selling the property or renting it. I know I deal with my clients properties daily. Some have not purchased a new property for a few years. That doesn't matter to me, they will be taken care of through the life of their investment with my system.

I dealt with over 10 property management issues this week alone. One property had a tenant that had court problems and the section 8 contract was going to be terminated. We found out that the court did not take care of that paperwork and therefore we kept the tenant.

Another issue this week was the city wanted a driveway repaired or they were going to give my client a fine. Again that was immediately taken care of. We got a fix on that the driveway and it was the first time the investor had to put any money into the property in 2 years. Plus having our own private maintenance company saved him some big dough!

Another one needed an inspection through the city, and it passed with very minimum repairs after 1year. $300 to be exact. We lined up our people and took care of that inspection. Having your own private people allows quick response at very reasonable rates.

So make sure the so called experts have a system that will be backing you after your purchase. Make sure that when a problem arises they will be running for the hills. Please don't buy a system that is on a Cd course that only tells you information and doesn't have a place to actually help you get started.

Being successful in real estate investing is a lot easier with the right system.
Brett Young Valley Realty

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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment

Sunday, September 12, 2010

Raising money for your portfolio


This process will take you some time and money but could land you huge profits. When your raising money for anything make sure you talk to a lawyer before you start doing anything, You can get into some securities issues.

One way to do this is to get a partner. I would use an LLC (limited liabilty corp) to set this up. You can have you and your partner or partners on as members and it creates a great vehicle for you to go into partnership. I highly recommend a third party running all the money. Escrow companies are great for this.

If your going to raise money make sure you have a business plan. Not a do it yourself one but one drawn up by professionals. You can find some great companies that do this on the internet starting at $200 and it goes up from their. These types of plans make you look very professional and will open new doors for you.

Another way to raise money is simply advertise what your buying in the area your in. For example if your in Phoenix maybe craigslist,google,facebook,Lindkin and many more. Be very consistant when your doing this because it may take a while. I've had my company for 4 years and being very consistant on advertising is crucial.

You may also want to make yourself a website to do this. Again consult with an attorney and make sure your not breaking any security laws. This is a great way to advertise, just remember the website itself will need advertising in search engines,SEO and alot of other things. You can easily find someone to do this at Elance.com. It is a great resource for both websites and marketing your website.

Lastly I want to go over setting up a receptionist. You can get them online for as low as $50 a month. They take 100 calls for that price and they will email or text you your messages. Make sure they are professional and answer the phone. This is a great way to market and look professional expecially if your working a full time job.

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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment

Sunday, September 5, 2010

Dealing with details


I always like to talk about what I do as an investor and an investment consultant. This week I closed 4 deals. They were all a little different but I wanted to teach a few things I learned.

The first deal had a terrible closing company. They had mi spelled the investors name and had the wrong address's on all the documents. Thank god I previewed all the documents before they get to the client. I informed the closing company of the mistakes and after 3 re writes they finally had something we could sign.

The inspection had also been done and that needed addressed. There were 7 units involved in this deal. I had to work out all the repairs that the buyer wanted done and ask the seller to do them. We agreed on the items that would be fixed.

That deal was close to closing, and we needed to get the repairs done and inspected. The construction crew worked over time to finish that project. The inspection went great and we got the deal closed.

The next one was a duplex that was through the same closing company. Again it was a mess and I had to clean it up. There was a problem with the title on the 12th hour that needed to be corrected before we could close. That deal was done the next day, and we will be starting the rehab this week.

I purchased 2 homes myself and sold one. Those deals had to be closed and get the rehab going. The faster we get them done the more money our client make. So we started on those homes and they will be in budget. They will be done in the time we allotted, to ensure we can rent them quickly.

My wife and I also bought a home to move into in the Cleveland area. That was a whole other set of contracts and dealing with the bank on the paperwork.

Our property management got 3 units rented and we went over the ones that were coming up. Then a marketing plan was set up for all units that were coming open. We do $60,000 a month in gross rent. So keeping up with all the details is very important.

The last thing we had to do is market our business through websites and podcast. We also have to put out new ads weekly to keep everything fresh. We have to call our sources so we know what the new properties are coming on the market. This allows our clients to get the best properties available. Those all have to be uploaded and all numbers must be checked to make sure they meet our guidelines.

This is what it takes to make sure investors make money on each and every deal. This is a full time gig for anyone that is a serious investor. Investing in real estate is all I do, and having contracting, property managers in our company is a must for me and my clients to be completely successful in real estate investment. Brett Young Valley Realty

Sunday, August 29, 2010

Todays Economy Creates Opportunity



There are many people that are very concerned with today's economy, and for good reason. We really don't know where we are heading. We can look at history though, and get a great idea where it will land.

This economy could be your way to financial freedom. Real estate is very inexpensive right now and people are wondering if it's going to get cheaper? Have you ever heard of people that say,"Wow, I wish I would've.... or, "If only I had....."?" Don't be one of them.

The homes I'm recommending in this economy cost less than a car in most cases, with cash flow that is unbelievable! I have a group of investors out of California that have recognized this. We are closing a deal next week ( 3 duplexes and a SFH) that will cash flow $3500 to $4,000 a month net, with a 25%-29% return on investment.

I own 28 similar properties myself that create a great cash flow. My company takes average people and helps them become successful in this economy. We can get excellent income properties in great neighborhoods that really produce big money.

Another client continues to net $600+ each month, and has done so for over a year on their SFH investment. The total repair cost during that time was less than $500 dollars. This home was purchased through our service in a another great neighborhood.

Yet another client bought 6 properties within a couple of months. He makes over $3600 per month in net cash flow. Wow, that money goes right back into his IRA with a much greater return than he would earn in the stock market. He also gets to control his assets and doesn't have anyone named Bernie running his portfolio.

Rooftop Profit Max has gross rental receipts of over $60,000 a month on the properties we manage for our investors. That is over $720,000 in rent per year. Plus these properties give our clients a massive amount of equity.

One other thing I want to mention on this economy... The Rockefeller's weren't scared of an economy like this. They purchased a lot of real estate and made their fortune. That fortune still exists today and they are growing that fortune now, in this economy.

You may be running for the hills, too scared to make a move. But remember, the richest people in this great country invested in real estate when everyone else sat on the sidelines. So, when you are looking at your situation, consider the great real estate opportunities this economy offers. You may not become another Rockefeller, but you can secure your own financial future by buying investment property today. Brett Young ~ Valley Realty

Sunday, August 22, 2010

Setting up for wealth



We are in an economy that is set up to create massive wealth. There are less buyers and more properties. This sets up an opportunity for wealth.

I been investing for 25 years and have seen some up and down markets. I've bought in all of them, and prospered doing it. With the right mindset and the right people, it is not difficult to build wealth.

I prefer lower priced homes in good areas. These homes need to be in larger cities with strong rental markets. I believe the more people, the greater the demand will be in the future.

Buy a home now, and get a great monthly cash flow. Then when the market turns (and it will) you have the option to sell for a profit if you want or just keep pocketing the cash flow. My wife and I own 28 rentals, and don't look to sell them anytime soon.

Imagine buying these lower priced homes for $35,000-$45,000 with $400+ cash flow per month. The longer you hold them the better your equity and as you pay down your mortgage, the better the cash flow. The rental market will always be present. People will always need housing. Rooftop Profit Max does over $60,000 a month in gross rent. These are very affordable homes in awesome solid family neighborhoods.

You may even consider moving into one yourself! I mean, wouldn't it be great to not have a mortgage payment? Or at least a low mortgage payment! This is the time to have a very nice home for the most affordable prices in our lifetime. How does both wealth and freedom sound?

So keep in mind that building wealth is great, and doing it in this market with less competition is easier then doing it in a good market when everyone is doing it. Having the right tools and people, and buying investment property in the right area can make investing a great opportunity for you in this economy. ~Brett Young, Valley Realty www.rooftopprofitmax.com

Saturday, August 14, 2010

How to make sure you have a legal real estate deal


There are a lot of different real estate deals to buy REO,Bank Owned,Freddie Mac,Fannie Mae,Hud etc. Their are also tapes,wholesale and owner owned deals. With any real estate deal their is a way to do them all safely.

When you have any deal make sure that the property is going through escrow and has a clean title. This means that there are no leans, and they have a full history on the property. They also act as a dis interested third party to help close your deal. They are also a licenced company and have are regulated by banking rules.

Their are also people who sell multiple properties called tapes. These are very dangerous to buy if you don't know what your doing. They usually do not want to run these type of properties Thur escrow. They may seem like a great deal but buyer beware. I had one pass Thur my desk that had a 100 homes at $1000 per door(which seemed like a great deal). I had a title company run a pre-lim title search and their were over $1,000,000 in combined tax liens.

Sometimes when you do a lot of business title companies will do these services for you for free. If not you need to do this before you buy investment property this way.

There are a lot of different ways to get real estate but no matter what make sure you have title insurance on your property. Building wealth and having great investments require that you do do certain things to insure that you are making a safe and secure buy.

Always keep in mind that however good the deal is make sure that you follow these guide lines. Having clean title insures that you have a safe deal the rest is up to you.
Brett Young

Sunday, August 8, 2010

Getting the right people around you


Having the right people around you can make or break you. Their are good and bad people in every business. You need to make sure that your dealing with the good ones.

In this article we'll be talking about real estate investment. When you talk to a wholesaler,realtor,seller etc there are a few things you need to ask about so you know who your dealing with.

If your buying a flip home(your buying it then selling it) then you need the following key issues addressed. 1. Get a CMA(a report that shows what homes around the one your looking at are selling for). Be sure to review this before you decide.
2.Your construction is the next issue. How will that be done, and how much is that going to cost you? How long will that take? 3 How will you sell the property? This needs to be selected before you start so you know the total cost of selling your property.

All these numbers need to be at your fingertips before you make a decision on a property. People always blirt out numbers and they may or may not know what they're talking about. Always have all those numbers in writing and all your sales reports that show you what your property will sell for. The right people can give you all this information.

The next type of property is a rental. You want to do all the same things you do in a flip with some additional information needed. You need to have property management service. I know some people run their own rentals and that's fine, I'm just addressing people that don't. Good property management is very hard to find in most cases. I like for a property management to have a full time maintenance staff, this usually is a lot less expensive in the long run. Also I would call a few of their clients to see what they think of the service. One last thing to verify rents run a fake craigslist ad. This will tell you how much rent you can expect.

The other item to check on rentals is the yearly tax rate. That is a fixed cost that you need to look at to verify your cash flow. I was talking to a potential client last week and he informed that he had got a great deal on some duplex's in a certain area. I ask him if he had looked at the taxes in that area. He said no. I informed him that my duplex's had around $1800 a year in taxes in an area right outside his. His area avg $5200 a year in taxes. The Gross rents on mine is approx $200 less a month income. His taxes are $450 more a month . So he's losing $250 a month on those so called good deals. Plus they cost about $10K more to buy and fix up.

As you can see their is a lot of information you need to make an educated decision on an investment property. When you spending your hard earned money make sure you have all the information you need to make a sound decision.

As you can see getting the right people around you will maximize your profit on each investment property. Brett Young Valley Realty

Sunday, July 25, 2010

Making Money in Different Places


I lived in the Phoenix Arizona area for over 30 years and have seen the ups and downs of this local market(bought and sold over 300 homes). Most of the markets were workable, but in 2010 the market is very weak here.

Usually in a good market you buy and sell. A bad market you buy and hold. In Phoenix that is untrue. This is kinda a good market to buy and sell but not to rent. The rents are going down in Phoenix and that is why I went to a different place to buy my real estate. God forbid you have and air conditioner go out. That's $4,000 down the tubes.

We have one city Cleveland already set up ($53,000 a month in gross rent) and setting up two other cities Indianapolis, and Cincinnati, Why because we make money their. We buy homes for as low as $25,000. They cash flow over $400-$1100 a month. Their equity position ranges from $25K-$50K. That's making money.

In fact my Dad called on a city he had found and could not believe the properties he could get for so little money. He could not believe what type of housing you could get for the money. He even flirted around about even buying 7 homes to his one in Queen Creek.

All that being said remember what you invest for. You invest so you don't have to work a real job one day. You want total freedom to do what you want to do. Long weekends, day trips, Cruises anywhere you want to go.

Why not consider really affordable real estate in really nice neighborhoods that make really great cash flow? I personally have 28 and just purchased one to move into. I'm very sold out on it and know you "Can make money in different places".

--
Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
www.rooftopcleveland.com

Sunday, July 18, 2010

Continuing our mission


Our companies sole purpose is to help people be successful investors. Not just buying a home or helping us make money, but making our clients money. We have opened another city that has a great inventory of affordable and profitable real estate.

Cincinnati is that area, with the population mostly being renters it opens up a lot of opportunity. The prices are great and the cash flows are off the charts. I spent a week their looking at the different areas and verifying the numbers.

After setting up all the construction, property management and licensed Realtors we can assure our clients of quality and profitable properties in this area.

Example: 3 bed 1 bath home can be purchased and rehabbed for $40K-$45K rents for $775. After insurance,property management,taxes you'll net over $500 a month. Wow get that return at the bank or financial advisor. This area is a heavy rental area. In fact an investor in that area informed me that you should not place a for rent sign in the front yard if you want to use your phone. They said it would not quit ringing!

Exmple 2: 3 bed 1-2 bath can be purchased for $40K-$55K after rehab. This home can be sold on that market for $75K-90K. These numbers leave you enough equity to make your net profit $15k-20K. Wow that is a great return. These homes are purchased very carefully and done in 3-4 weeks.

Having all the systems set up for you saves you massive time and money. We take care of all the details. After 500 homes we understand your wants and needs for real estate investment. No tapes or CD's to buy, we get you in to the cash flow game quickly and profitably. Brett Young Valley Realty www.rooptopcincinnati.com

Sunday, July 11, 2010

Starting your business ona profitable path


Starting a business is very difficult in this economy. That is were I come in, I can help you formulate a plan that will focus your company in the right direction.

Marketing, Product, Service, Charges,Image, Web Presence,and understanding your client.

I've personally started 3 multi-million dollar business. I currently have a business that is growing by 50% in this market. By knowing the internet, marketing, dealing with clients, charges and other details in building your business, you to can be very successful in this market.

The details in building a massive income in your business are the most important part of that. Knowing how to position your business in every market is very important. For example I took control of every aspect of my business. My business is real estate investing.

I hired a staff to run all aspects of the investment process including Construction and Property Management. This effected my business in a very positive way. I can now control cost for my clients and insure that they are getting monthly checks from their properties.

This type of positioning boosted profits for my clients and my company. I believe that the client always come first, you have an obligation to take care of every aspect of their experience. Running all facets of your product will allow you to build your companies profit centers. When you set my type of systems other revenue streams start popping up in areas you never thought of.

Doing this type of business model will make your clients happier and more money for your bottom line. Let me start working on your bottom line today. Brett Young Valley Realty

Monday, July 5, 2010

July 4th stands for freedom


July 4th stands for this countries
freedom and the sacra fices our military men and women has made. For
those brave men and women, our country is very in indebted to them.

This day can also be the start of financial freedom for you. Imagine
not getting up everyday worry about your bills and future. Basically having the freedom to do what you want.

The only way you can get there is seeking a path that can get you
their. I believe the best path is real estate.

I've personally done 100's of homes myself and with investors. The
profit through cash flow and equity is the important and only path to
take with real estate investment.

My path has taken me and my investors to the mid west were I can get
both cash flow and equity for very reasonable prices. We have created
over $50k a month in rent. And millions in equity.

So if your tired of looking for a path to finical freedom then look no longer. Look
at our system that has created massive cash flow and great equity
positions with investment real estate. Brett Young Valley Realty www. Rooftopprofitmax.com

Sunday, June 27, 2010

Opening your investor mind


Some investors think that if a investment property is not in their
backyard then they cannot buy it. Nothing could be further from the
truth this united states has many opportunities elsewhere.

Is it better to make less on investments in your own backyard? When
you invest don't you want to make the best bang for your buck?

We (www.rooftopprofitmax.com) have many investors that buy homes and
multi-plexs out of their areas. In fact most have never seen their
investment real estate, they just like the results. Great equity and
cash flow.

The greatest thing they understand is systems with a larger group can
help them maximize their profit and protection. A company that
watches their investments 24/7. They also get used to the great
checks they receive from their investments.

When your looking at being a real estate investor keep your options
and minds open. Look at other areas and make sure you have a great
team to work with. Check put their resumes and verify what they have
done.

Opening your mind to new areas can make you big bucks later. Just
check out your team and make sure they know what their doing. Brett
Young

Sunday, June 20, 2010

Making a Difference


I enjoy making people money. That is my job after all. Getting the
system that works well in place took me a lot of time.

I started Rooftoprofitmax.com 5 years ago. My first objective was to
find affordable real estate with high returns on cash flow. My next
objective was to get a great equity position. I also put my 20 years
in the business to good use.

I first went to a small town in Ohio and purchased 7 properties. As I
was doing that other investors wanted to get involved. So I offered a
plan that they also could purchase in the same small town I had
purchased in.

My company also set up private property management and construction along the
way. The system worked great and we saw great returns. I copied that
formula in 2 more mid size cities.

All was doing ok but I found out quickly that the choose of help in
those size cities was not plentiful.

Got a call from a friend fron New York, that told me of a larger city
that he though would be a grest place for my system.

I started buying in the city very quickly with my system. I had a
larger quanity of homes, contractors, and set my own property
management up. My system believes that everything is private for me
and my clients. After all when you need something it happens a lot
quicker with private companies that can take care of it quickly.

This system has exploded my company and We have grown to over $50,000
a month in rents and created over $2.5 million in equity. This is on
homed that cost as little as $20,000 rehabbed.

My clients invest with ease and with my private systems they are
assured of the best prices,equity positions and cash flow.

Making a difference for people and their real estate investments is a lifelong
commitment that my system can help insure them of. They can also ce
assured that we have an investment that fits their budget. Brett Young www.rooftopprofitmax.com

Sunday, June 13, 2010

Why are low interest rates not effecting the market?


I hear all these commercials to refinance your home or purchase a new one at the lowest interest rates ever. I heard that stuff in the big real estate boom and it worked! Why isn't it today?

I watch a lot of pod casts and one really informed me why the low interest rates are not working in this market. He explained that the biggest borrower was that government. The bank gave most of their loans to them. Think about it who would you lend to the government or a citizen?

With the on going out of control spending the deficit just keeps growing. The deficit is like a company that keeps telling it's stock holders they need to keep borrowing and they can force the banks to do it. I thought these people were the brightest people in the nation?

So when your client or you go too get a mortgage or god forbid a credit line their isn't a whole lot of money left for the free market.

When the banks start having more money to lend to the free market, then you'll see real estate start to recover. I think that the business loans will also get going again and help our economy to get going again.

The benefit to the banks not lending is the extremely low home prices that exist today. In some markets you can pay cash for homes and not worry about the banks anymore. In real estate you can always find ways to make money with it. Right now in some areas rents are great and prices are less than most cars.

So when you look at the interest rates understand the concept that the government is also dipping into that pool. In fact they are the banks preferred customer.


--
Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
WWW.Rooftopprofitmax.com

Sunday, June 6, 2010

Getting out of your comfort zone!


I talk to a lot of investors every week (that is my business). I've sold over 500 investment properties and there are some differences in types of investors.

I flew to LA yesterday and met with some great investors that have purchased from me before. They wanted me to speak to their friends that were interested in my process.
I told them that I purchase properties in multiple areas like Ohio,Indiana,some in Michigan.

They looked at the numbers on some properties that I had done and new ones they could purchase that. They could not believe the cap rate, in fact one of the investors that had purchased from me, informed them that he made 25% on my product. They of course decided to buy some real estate from me.

I say all that to point out that these investors lived in California but wanted to buy elsewhere. They also understood that staying in one area my not be the best way to invest. The properties I showed them where considerably less money than what they were used too. The profits were considerable higher.

These investors understood that there are other places to invest in besides their back yards. I hear investors all the time that say if I can't see it or touch I'm not buying it. That is a costly mistake and can cost you a fortune in profit. I personally have real estate in three states and 4 cities.

I've learned especially in this market, that you have invest differently and learn how to make money in other states and cities. In the Ohio area we do $50,000 plus a month in rental receipts. Most of my investors have never seen or touched their properties, they just get their checks in the mailbox every month.

So don't get stuck in buying one type of real estate investment, what will you do if that runs out? Keep your options open and you'll be richer for it. Brett Young Valley Realty

Sunday, May 30, 2010

Getting the deals from the banks


Their is a little known fact that all bank Repos have to be put up for sale so everyone in the public can have a chance to purchase it. A lot of bad information is floating around in the public investor arena that this guys buddy has a sister that can buy directly from the bank.

Their is nothing further from the truth. If a property is not sold over a certain period of time it goes to auction. If the property is not sold from their it usually lands on the MLS again.

Their are a lot of tapes that have multiple properties you can buy that are very cheap. You usually have to buy all the properties on the tape. Be careful with these type of properties and be sure to check title on them. When you buy these type of foreclosures your on the hook for whatever taxes are owed them. I know of an investor that thought they had got a great deal on a package of homes. She later found out the deal was not all that great she was on the hook for over $1,000,000 in taxes.

Wholesalers are another source of home buying. I usually do not like this path either. Your leaving money on the table. The wholesalers have to make a profit and that's the difference in wholesalers. Some are very reasonable and others are not. I do purchase from time to time from them but never pay full price for them. I always make sure they have the spread I demand.

The best way is to buy the properties when they first hit the market. Granted you will not get them all, but you'll get some very good properties using this method. You do get the best price and a good title. Buying investment properties this way is by far the safest and most profitable.

The last one I want to talk about is short sales. Great way to buy homes if you have patience. You need to deal with someone who has a history of successful closings. You also need to make sure your offer is accepted by the seller and is in escrow. This means you have first dibs on the property. If you don't have it in escrow then the seller is still excepting offers.

So if you understand all the ways investment property can be bought your chances of success will be almost certain. Brett Young Valley Realty

Sunday, May 23, 2010

Taking time in investing


I talk to a lot of investors weekly, they want massive profits quickly. So they get in a hurry to make profit in real estate. Surprise! almost all the time the ending is not good.

When you have someone wanting to make money in real estate it does take some time to find the right properties. I remember in 2004-2005 I wrote up to 100 contracts to get a property. My clients always made money that way. My principles have never wavered just because I wasn't making any sells. Great investment Real Estate is not easy to get.

Having the right neighborhoods and selling points is a most to sell or rent a home. You'll need a team that understands the whole process that goes with investing. This helps you odds increase massively!

Having completed over 500 homes I understand that their are different ways to buy real estate. One thing that rings true on every real estate investment deal is the details.

1. What do other properties in that neighborhood sell or rent for? 2. Are the properties that your looking at the same as yours? For example are they remodeled, fixer upper, Square footage and many other factors a untrained eye might not see.

So be patient and check out your possible investment with a pro. Sure it may cost a little more but the savings will be giant, and the most important thing is your pocketbook grows!

When someone is looking for properties for you and it's taking more time then you want don't rush them. I know in my instant's, I want you to buy an investment property. I don't make anything until you do. I want my clients to make top dollar and I go the extra mile to do so.

My resume doesn't impress anyone with the amount of properties that I've sold, it's the money I've made them. Brett Young

Sunday, May 16, 2010

Details help you keep clients


When your dealing with clients that are buying investment property or have bought real estate from you, they can always generate more income for you.

I was talking to a prospective client this week who had bought a few investment homes and was not treated well. The previous realtor had not kept that client because of his lack for details. The prospective client was having trouble collecting rent and had called the realtor for some help.

The realtor not only didn't help him but didn't bother to call him back. This client was not a huge client but one who bought from time to time.

I have a client that has purchased and sold 5 homes with me over the last 10 years. I have made $35,000+ dollars from this client because I did the details. I always called him back and dealt with all the problems after the sales. He currently has another home in escrow with me.

Clients like followup and taking care of a few problems. You may not make giant money on there first deal, but it will create more deals for you in the future.

My company did 14 homes in April and are on track to do that this month. I get those deals because I take care of problems. I have two other clients I'm taking care of a few things for free. They have not bought a home from me in almost three years but I know they will again when they are ready.

Deal with details after the deals are done and receive big rewards later through more business and referrals. Laying down a good foundation may cost you some time but will pay big dollars later. Brett Young Valley Realty

Sunday, May 9, 2010

Learning to deal with Wholesalers


I went on a trip to help find some more areas to buy more investment real estate in. Tim my agent in the Ohio area set up a meeting with a big wholesaler that owned over 80 properties in one of the areas I liked.

We usually buy directly from the bank, but in this one area things were getting bought up very quickly by my company and others. Leaving a void for some my investors.

We met with the wholesalers for two days and looked at there properties. They did have some good and bad properties. In fact we purchased one that day that I thought was a super deal. It was a duplex that cash flowed very well. I know the rents because of past purchases in the same area.

The wholesaler was well connected and had another assistant with him that was showing us his homes also. I liked some and some I didn't.

We looked at 4 properties that we liked and said we would purchase them. They had told us what the properties were worth and based on that we said we would purchase them. When we went back and comped the properties( I always do this to make sure of what the properties are worth) and didn't like what we saw on two of them.

We went back the next day to tell them our concerns and the assistant got verbally upset. I later learned he was in some financial trouble and needed to dump some properties to get some much needed funding. So his opinion of the properties were very screwd because he was looking out for himself not me or my clients.

I wanted to write this story to make sure when your buying wholesale real estate make sure you comp the properties out and get the real price of a home. If they get upset over that then don't do business with them. I ended up do business with the wholesaler because he understood my concerns and wanted me to get a great deal. The assistant was upset both verbally and visually and I didn't want to deal with him.

I always like to buy real estate anyway I can as long as everything is verified. Wholesalers can be very good for your business but always verify the values of the properties you intend to invest in.

--
Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment

Sunday, May 2, 2010

Investing is a full time job!


Their are a lot of Real estate investment courses you can take to learn the real estate game. Prices vary from $150-$100,000. What they seem to teach you to do is look for real estate the old fashioned way, drive, look and don't deal with Realtors. In fact I'm ask all the time why are you still a realtor, doesn't that tie your hands and get you less deals?

The answer to that is no. What it does do is get me more properties to buy Thur the MLS and banks. It takes a lot of time to find the better deals. I check 4 things with each property, spread, Days on Market, Neighborhood, and time. To get that type of information in a consist ant format I need my real estate license. With the Internet and all the other tools at my disposal things can get done quicker and much more efficient.

When your looking for investment real estate you need all the information you can get to make a intelligent decision. Also having a real estate license keeps me up on all the current laws and trends in the business.

Imagine going to court with someone who said they knew all the laws but didn't have there law degree or license. Would you trust them? Your going to pay them a lot of money to support you, and I don't think a sensible person would trust someone without a license to represent them in court.

The other issue I have with these real estate courses do they help you in any investment properties that make you actual money or do they just sell you the course and good luck?

Make sure you get with people that are in the business and understand your needs and expectations. Spending a lot of money does not guarantee success but getting people who do this all the time can make you a huge success. Details are the crucial things in a deal can make or break you.

In closing be careful out there and make sure your dealing with people that do real estate investing full time, because finding the right deals is harder than most people think. Brett Young Valley Realty www.rooftopprofitmax.com

Sunday, April 25, 2010

Investors help Tax Payers


I was reading an Associated Press story that the government is beginning to look at investors in a favorable light. They feel investors have the money to buy in the distressed markets, because they have liquid cash.

Wow, government finally found out that hard working people, (investors) may be good for this market. I can tell you without any hesitation that is true.

Investors take no money from the taxpayers, therefore, unlike the car companies and the banks, the taxpayers have no liability. Investors go into these homes and take all the risk. They have to buy homes in most cases "as-is". That means no guarantees or promises from the seller.

Investors usually remodel the home and get the property back to paying taxes and rebuild the equity. That is a model for success. You ask why? It puts contractors and construction workers back to work. Contractors usually keep all homes in budget. Then banks can loan on these great properties, and the whole economy gets moving again.

Who would run the projects better in the end? An investor or Uncle Sam? I say the investor. It is their money and they will most likely be watching it closely.

Sure real estate crashed and the banks suffered. But so did the investors that had put a lot of money in rehabs. Investors helped the market then and they can help the market now.

One last thought..... Always consider who you are dealing with when it comes to investing. Look at their resume and check out what experience they have. Also, make sure they are currently investing too. Be careful of those who operate under the premise of "Do what I say, not what I do".

--
Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment

Sunday, April 18, 2010

You really need to learn the internet for real estate


I talked to 4 Realtors this week, who are struggling in this economy. The only thing each one has in common is that they do not have a strong business. Most just wait for the phone to ring. So, as a result, they have no money coming in Thur commissions.

I quickly learned 4 years ago, as my business was starting to struggle, I needed to change my way of thinking. I enrolled in a program that taught me how to market. I easily learned not only how important the Internet is for my business, but also learned how to use it. The tools are limitless and most are free.

Here is the one I found most helpful: It took me a about 6 months to launch my own website. I now get 500-1500 hits a week and paid close to nothing for it.

I tried the so called web experts, but quickly found out that they really don't know much about business, particularly, my business. AND they charge a fortune.

Podcasts are another great way to learn about Internet marketing. I listen to "Hubspot" and "Help My Business Sucks". There are, of course, many more available, and most are free. Pick up a Ipod, set up an account, (totally free) and start learning. I play mine in the car and while I'm in the shower. I get a ton of ideas to promote my business this way.

In case your wondering, I have sold 30+ properties so far this year. Yea, it works!

--
Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
www.rooftopprofitmax.com

Sunday, April 11, 2010

Is every Client a good client?


I had a meeting with a potential investor. They told me that they had limited money far to short to invest. I did not take that client because of there limited finances.

I saw the future with that client. They had the heart but did not have the finances. If a deal went longer than expected that client would really be in a financial pinch. That would create a lot of stress for them and for my company.

When you are looking at a potential client make sure they fit your type of investment. I also want to make sure they understand the time lines. You should let them know how long the project will take and make sure that they agree with it.

Giving your client a full disclosure of the events that will be happening with there property also helps you in the long run. This way of doing business lets you know what will be expected of you and your system.

As my company grows I am consistently changing the type of clients I prefer. The old saying customers are always right my be true, but having the right clients for your system will help you be right also.

Having clients that fit your system will make you a ton of money. If problems do arise and they will, having the right type of clients is very important to your company.

--
Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment

Tuesday, April 6, 2010

http://www.rooftopprofitmax.com/index.php/about-us

http://www.rooftopprofitmax.com/index.php/about-usWe have a great cash flow product that we have found. Imagine making $500-$700 a month cash flow on properties that cost as little as $25,000. Imagine it no more. We have the investment properties. These properties include a remodel and professional property management. This means you don't have to worry about making your money, you leave that to Rooftopprofitmax

Monday, April 5, 2010

Is Buying CD and Tapes for Real Estate Investing Work?


I talked to a lady at my last meeting that had went to a well known guru's free seminar. This event was only a advertisement for their CD program that helped you master real estate investing.

The programs according to this lady cost $50k. Wow that is a lot of money isn't it. No problem though they will show you how to get a credit card and charge it. I would question that kind of advice to get into investing.

My point to all this is that when your looking at investing in real estate why not buy a property or two with a company that deals in that type of real estate. Example I offer properties that start at $15.000 remodeled. They come complete with construction and property management that will get your cash flow going quickly.

The advantage to this system is that you can learn while you earn. What's better a $50,000 credit card bill or $700 a month in cash flow and $40,000+ in equity.

The next question to me would be are they still buying that type of real estate or are they just selling old information. This market changes almost daily and you need to know that information to make an intelligent decision on investment real estate. That's why I invented rooftopprofitmax.com we give you the information for free. We have grown to $50,000 a month in rental receipts and $2.2 million in equity.

So when you looking at getting into real estate investing think about the cost of each program. Then make sure they are still doing what they are teaching, and they should have a way for you to actually buy investment properties through their system. Make sure you don't buy old information. Brett Young Valley Realty

Sunday, March 28, 2010

Land Contacts can make you Money


Land contracts, Contract for deed or whatever you want to call them are a great way to make a property maintenance free.

In this economy you really have to look at what people need today. Banks and Loans are very hard to get. The government is even going to set up more restrictions to get loans.

With all this crazy stuff going on I think land contracts will help you cash in on real estate. The first way to make money is with the First Time Home Buyers Program. A lot of people don't know that you can be the recipient of that $6500-$8000 from the government. If done properly a investment property can have a land contract on it and receive the first time home buyers program.

The other benefit that you get is usually a higher monthly return. The way I set mine up is not based on the interest rate. I look at my desired return on monthly payment. Then I add in the interest rate based on the payment.

I set up a straight line deprecation. You can set up a principle reduction that stays the same over the life of the contract. For example if you are getting $950 a month and you can set up monthly principle reduction of $100-$150 a month for the life of the contract. This simplifies it for you and the client plus makes you more money.

Setting your land contracts like this makes them more valuable. So if you want to sell your note this will help you move it on the open market.

The last thing I want to mention is the low to no maintanence. Think about it, do you call the bank when you have a problem at your home? Of course not so why should
the client call you for anything? Your the bank.

Do keep you mind open to new ways to make money in this market. Brett Young Valley Realty www.rooftopprofitmax.com or call 602-363-6551

Sunday, March 21, 2010

To good to be True?


I like to tell my readers about interesting calls I get every week. This week I had a call from a financial consultant.

He informed me that his client was interested in buying investment properties from my system. He immediately informed me that my website www.rooftopprofitmax.com was to gimmicky for him. Set back a bit I answered by saying that website was for information of our company. What else is a website for???? We have free education, videos to download, property information, meeting informastion and much more.

He then vetted my Real Estate License and made sure that I was licensed. Which is totally understandable. When your selling investment real estate people will have questions.

He then informed me that my numbers on our Duplex's were too good. He asked me why I would let a secret out like that? I then informed him I had 28 properties in that area and could only buy so many homes.

We went through the numbers of one property his client was looking at. I also informed him we already had 70 properties there. We also operate a property management company to insure our clients rental rates.

He ran the numbers and showed a 30% percent return on one that properties. He then informed me that was to high of a return to be a safe investment. This is were I part ways with this consultant. I'm all for being conservative but to pass up on high returns and safe investments is nuts! I guess I could find some properties with lower returns but I choose to make massive money for my clients.

My properties are all ran through inspections, escrow and I only use licensed people. The numbers are even already proven through my property management company. We deal with getting the higher profits for our clients daily. We specialize in the areas we are in. If we did't we wouldn't be in business.

In closing I just want to say that looking into investment properties that have a high return may be unbelievable, but in this economy it may be very possible in the right areas. Homes are being sold at extremely low prices and people want to live in these homes . The market is ripe for making a great return on you money. Brett Young www.rooftopprofitmax.com

Sunday, March 14, 2010

Opening Your Mind to New Investments


I was talking to a realtor this week that told me their business was in the crapper. Like others this realtor had done very well 3-5 years ago. I immediately told the realtor that I had some great homes that would help their portfolio.

They then informed me that the area I recommended was not going to work. They needed to stay in Phoenix. I ask that realtor if they would open their mind to some new ideas. Which they eventually did.

Realtors and investment professionals need to look at the best value for there portfolio and there clients portfolio. I have always looked for the best places to purchase investment real estate.

In 2006 I decided that I could not recommend Phoenix as an investment anymore. I started flying to towns and cities all over the country. There were 6 in all.

I set up shop in Michigan,Indiana and Ohio. I liked those areas because of the cost of the investments and the cash flow they gave me and my clients.

We've now done over 250 homes and created $500,000 a year in rental receipts and $2.2 million in equity. We also have a construction company and a Property Management company. This gives our clients continual support and great returns.

The only reason these numbers are what they are is because I opened my mind to different ways to purchase real estate. The more ways to buy investment properties allows you to make more money and more importantly your client makes more money. Brett Young Valley Realty www.rooftopprofitmax.com

Sunday, March 7, 2010

Having to learn new things in this economy



Understanding the title of this blog for me is easy. The Internet was something I could look up information on. For example Ebay (My Favorite), Craigslist, Newspapers, you get the gist.

What I didn't know was the behind the scenes, the way it all works. Like marketing, Setting up a website, updating a website, and all the things you need to know to draw attention to your service or product.

I did what a lot of people do at first I hired some so called web guros. Spent over $10,000 on websites. I thought the sites would create clients. I did make a record of all the clients I got from the Guros 0.

I quickly decided I needed to learn the Internet so I browsed the Internet and found some very good ways to learn how to produce clients with a web prescience. As I was learning I also got an IPOD. You can get a lot of free information via Pod Casts. I highly recommend that you look into doing that to get started. You can even download pod casts on your own computer. Joining Itunes is free.

I decided Joomla was the easiest and best to get a website up and market it through the search engine. The end result is I get 1000 hits a month and growing. I've also grew my business through the roof. I can tell you from a very armature point of view, having done it myself (I did hire a tutor for the Joomla) I can tell you my pocketbook and business has grown. I also am always looking and listening to new things I can do to grow my business on the Internet with my IPOD.

So when you want to get on the web do it yourself first and learn itself.Their are so many easy ways for you to learn it. This way you can control the content on your site. After all who knows your business better?

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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
www.rooftopprofitmax.com