Got Foreclosure! - Blog

Hi, and welcome to my brand new 7-day Mini eCourse on Profiting From Foreclosures!

In this Mini eCourse I will reveal my secrets that can make you a highly successful foreclosure investor. Join me for the next 7 days and discover what most people will never know about foreclosures…

The first day of this Mini eCourse is freely accessible on this blog. The follow-up dates are protected so you don’t read ahead :-). Click here to get your keys to all 7 days. (No need to do this again if you’re already receiving the Mini eCourse by email.)

DAY 1: Get Your Mind Set For Profits When Everyone Else Looses

One of the most difficult challenges in foreclosure investing is the fact that you have to overcome the negativity that surrounds you. Doom and gloom headlines in the media, everybody you talk to, and your own mind can play tricks on you that prevent you from succeeding.

Let me get two things straight:

1. More Bad News In the Media: To you this means that banks and individual home owners will be more realistic about home values, and it’s easier to get a low offer accepted.
2. More Banks Collapsing, Tightening Credit: More buyers who can easily afford the monthly payments will need to get owner financing and creative deal structuring to get into a house.

That’s great! Because we as foreclosure investors can buy incredible value, and give the housing market what it needs: Available properties with built-in financing, independent of institutional lenders, and exceptional bargain properties.

For years the media headlines have been complaining that housing is becoming increasingly unaffordable (that was yesterday’s doom and gloom). Now that real estate is on fire-sale, which makes it a lot more affordable in many hi-priced parts of the country, it’s not right either - more doom-and-gloom as the housing markets collapse. Did you notice? No matter what, the media knows that BAD NEWS SELLS! So, if they have two views to choose from, they will take the doom-and-gloom view. - No matter what.

Of course, it’s bad for an overleveraged home owner to loose their home to foreclosure, but overall a more affordable housing market is healthier and better!

Think about the satisfaction that you get from helping a distressed home owner save their credit and get a fresh start. Your foreclosure investing business will be extremely rewarding because your helping people and the market in multiple ways.

First, you have to get your mind straight, though. Overcome the negative news, and focus on what you’ve set out to accomplish for yourself, your family, and for others.

Find your key motivator. You’re here most likely because you’re looking for improvement. - A better way to earn a living, a better way to make time for your family or anything else you want to do now. Focus on what it is that motivates you to do this. Your key motivator will be crucial in overcoming any obstacles and following through with your commitments.

Day 1 Homework:

• Read three current articles on the housing, credit and foreclosure crisis, and ask yourself “Who is benefitting from the bad spin?”, and “How could this story have been reported in a positive light?”
• Pratice a positive mental attitude in your response to any bad news you encounter today. Look for the “positive spin”.
• Visualize your life as successful foreclosure investor. What will it feel like to you when you help folks in distress, and eliminate your own cash flow problems?

Once you’re ready for the full eCourse which includes audio, interactive learning materials and more, you can order it here.

I’ll see you tomorrow!

Thomas Bartke