Below are video reviews from our students at our last 4-Day Internet Real Estate Academy held in Los Angeles, California on December 11th-14th.

On this video, you will see:

Doug Dethlefsen – Doug has been a full-time investor for 7+ years. He has purchased residential and commercial properties and came to our event to learn some of the current methods of using the Internet to help his business!

Diane Schmidt – Diane is a new investor who enrolled in my program and has already begun working deals from the leads that she has received from me.  She thinks the information she received is “awesome” and that the academy contained more information that she thought possible.

Michelle Isaak – Michelle owns a real estate investing company and has purchased 100’s of properties.  She loved the information and methods that were taught and believes she will be able to take her business to a new level!

Wesley Young – Wesley is a real estate investor that has been in the business for a few years and has attended numerous training events.  He felt that my latest training event was the best one that he has ever attended.

Bhadra Patel – Bhadra enrolled in my program about 6 months ago.  He immediately started receiving leads and is currently working several deals from those leads.  He attended the training event to learn as much as he can about using the internet to find deals in real estate.

Dell Wright – Dell is a new real estate investor and was very happy with the information that he received.  He feels that the information the he received in the 4 days would have taken him a lifetime to accumulate!

There are a good many reasons why foreclosures are opportunities for everyone if handled correctly. We are, currently, in the midst of a property market correction which has seen a reduction in available credit, more difficult financing and an increase in foreclosures as banks and financial institutions call in mortgages which have fallen behind in their payments and try to minimise their exposure.

Without a doubt on the face of it none of this looks great for our economy but before we leap into superficial opinions let’s look at the facts by dissecting the process of a foreclosure and what happens the moment a real estate investor acquires a house.

A property will not even be considered for foreclosure unless its owner has missed at least four monthly payments, sometimes more. The moment a property comes up as a foreclosure prospect its owner has become unable to keep it. He cannot service his debt and he cannot maintain the property. The bank or lender is not getting paid, the local economy is not benefiting, local house prices in the immediate vicinity begin to become affected by a property that’s failing to maintain the standards. The City may put fines which start to accrue on a daily basis because regulations are being broken. The property, in other words has become financially gridlocked and, in terms of what it does to its immediate micro-economy, has become a black hole.

This is exactly the process that a foreclosure stops and reverses. The moment a foreclosure comes into play a property that has been gridlocked and has been sucking money out of the economy, begins to pump money back in again. For a start the Real Estate Investor will pump money immediately into the system as they do the appraisal for the property, complete their due diligence and set up advertising and publicity.

Even if, at this stage, he sells the property without lifting another finger or doing anything else he will have sold it to someone who is prepared to do it up which means more money going into the economy in terms of DIY and upgrading of the house.

The Real Estate investor will have made money which is taxable and certainly he will need to spend some in order to maintain his lifestyle and office. If he is really successful he might expand which means hiring more staff decreasing unemployment and enabling more people to have jobs, benefiting them and the local economy.

The chain goes on and on and the more you analyse it the more clearer it becomes that foreclosures are part of our financial system for a very good reason. Without them property, money and jobs would be trapped, unable to escape from the downward spiral of depreciation and recession they would find themselves locked in.