Tips to Consider When Buying Property in France

A recent phenomenon in the European real estate market is the marked increase in the numbers of foreigners buying property in France. British buyers account for a significant percentage of these foreigners, most probably because of the favourable exchange rate between the Euro and the British Pound; and the lower prices of property in France compared to Britain.

Purchasing property in a foreign country is always fraught with difficulties, mainly because of the different language and the plethora of property laws pertaining to the foreign locale.
It is therefore imperative that the following top 5 tips to consider when buying property in France are taken into account. Being armed with this information will make the entire buying process so much easier and enjoyable.

Tip number 1 is that once you have decided on a budget for the property, the next thing to do is to decide exactly which area you like best. When this aspect has been decided, you need to travel to the area in person to check out what properties are available in your price range; and to see if there is a property that you would really like to purchase.

Tip number 2 is that if there are properties of interest, you need to check all the estate agents in the area to see which one is offering the cheapest price, as all agencies have different prices advertised. The advertised price of a property in France includes the estate agent’s fee, which generally ranges from 6%-10%, and is paid by the buyer. The only cost not included is that of the notary, whose fee is also around 6%-10% (and includes land registry costs and government taxes). The notary is a government official who is impartial – and it is accepted practice for him to represent both sides in a property deal.

Tip number 3 is that even once you have selected an agency, you need to ensure that there is an English speaking agent – or at least one who has a very good knowledge of English – unless, of course, you are fluent in French. Misunderstandings through lack of understanding between the parties account for huge numbers of deals falling through and, in worst case scenarios, getting involved in legal proceedings and/or losing all ones investment.

Tip number 4 is to know that you will have to sign three documents – the first is for the estate agent, stating that you will not approach the seller behind the agent’s back, or buy the same property from another agent. The second is an offer to purchase, which is also signed by the vendor in acceptance of your offer. The third is a legal statement of intent to purchase, at which time a 10% has to be paid. There is then a 7-day cooling off period when either party can rescind its offer. Should the deal fall through, your 10% deposit will be returned to you.

The above information should make buying property in France an easy and pleasurable experience.

Advantages of Using a Local Real Estate Agent

Sometimes when you’re thinking about buying a house, your first thought is to use the same agent who’s helping you sell your current house. Usually that’s a great idea because it just makes the whole process less confusing and lead to fewer problems in the long run. But what if you are moving out of the area, even somewhere that’s only about 30 miles away? The answer is, you should work with another agent who can help you in find a local house.

Local agents:

  • Know the area.
  • There may be new construction coming, or HOA fees for certain neighborhoods, what towns are growing, what companies are hiring, and other helpful information that you could really use when choosing where the best place to live will be.

  • Have local connections.
  • All working agents have business connections, colleagues, friends, and other prospects they work with who can help them get a deal on a house that outside agents can’t help you with.

  • Have the electronic key.
  • In order to see a home, you have to have access to get inside the front door. Realtors used to have a key that worked in every door. However now, all of the keys are electronic and only work for local real estate agents. If your agent doesn’t have the compatible key for that local listing service, how are they going to let you in to look at it?

  • Are more likely to use a local escrow ant title company.
  • Using an escrow and title company that are local to the agents where the house is being purchased makes the entire escrow simpler for all parties. Instead of having to rely on faxes and email attachments, the agent can drop by personally. This is especially helpful when paperwork has been faxed so many times that it becomes illegible.

  • Know which areas are more desirable.
  • If you want to know what the lowest priced houses are in the nicest neighborhoods, you cannot ask an out of area agent. Only experienced local agents can accurately help you find the best deals available.

  • Have an idea what school districts are the best.
  • It’s extremely important to have your children go to one of the best schools in the area and local agents talk to parents all the time and often know which schools rank the highest on tests and have the lowest in crime.

  • Can help solve local dilemmas of moving to a new area.
  • Are you going to need to take a bus or train to work? What about when you get the house and want the utilities on? Where’s all the best entertainment? When does the local fair come? An agent from some far away agency cannot answer these questions without researching them first and still can’t give you a first hand answer.

A Real Estate Lawyer Does More Than Assist With Closures

A real estate lawyer also handles disputes that may arise between a landlord and tenant. Wrongful evictions, damage to rental property and accidents on a persons property are other types of cases that a real estate lawyer handles.

If a mortgage company is sold to another party, then a real estate lawyer can assist a person desiring to get a lien released. If a contract is not honored, a real estate lawyer can also help one get out of a signed contract. Cases like this would be if a landlord agrees to a set monthly payment for a set number of years yet tries to increase your lease payments before your lease has expired. A real estate lawyer can either settle the dispute by notifying the landlord that he has to abide by his contract or if you wish to be absolved of the lease then a real estate lawyer can help to remove your contractual obligations.

In cases of divorce, a real estate lawyer should be consulted so that each party gets their equal share of the property assets. If one party wishes to keep the home without selling it to an outside party, the real estate lawyer can draft the documents needed to ensure that one party keeps the home while the other party gets his or her compensation. This usually involves one party paying the other for their share of the home.

If one has purchased a new home and finds that it is damaged in any way or if one has purchased an older home with damage that they were not notified about (such as termite damage), a real estate lawyer is certainly needed to handle these types of cases. A home costs a lot of money and undisclosed damages can become quite expensive. Sometimes they can lead to a home being condemned.

A real estate lawyer can assist a person so that he or she can get his or her money back for the home. In some cases, he can handle the tasks needed to ensure that the selling party pays for any undisclosed damages.

Of course, when it concerns cases of damaged property, one would have to prove that the seller knew of the damage and failed to let the buying party know about it. A real estate lawyer has experience in handling these types of cases and also experience when needing to prove that the seller knew of the damages before a sale.

Another type of case that a real estate lawyer can handle is when disputes arise over insurance claims. If one has insurance against fire damage and their home burns to the ground, a real estate lawyer should be hired if the insurance company refuses to pay just compensation.

A real estate lawyer can negotiate with the insurance company to get his or her client’s fair compensation for not only the market value of their home but also for the contents that were destroyed in the fire if these were covered in the insurance.

Other types of insurance claims that a real estate lawyer can handle are acts of nature, fire or water damage and, of course, vandalism. If one ever encounters problems with a claim they may have with their insurance company, one should always hire a real estate lawyer to assist with the claim.

Commercial Real Estate Loans

This article describes 12 recurring problems with commercial real estate loans that commercial borrowers and their advisors need to anticipate before it is too late. The following problems are common in traditional bank commercial real estate loans and should be avoided if feasible (special circumstances will periodically make some of these terms unavoidable).


Most traditional banks will require several years of tax returns in order to qualify for a commercial real estate loan. The alternative is to use a Stated Income lender that does not verify personal income or assets. Many borrowers will simply not qualify for a commercial mortgage loan if tax returns are used due to high business expenses (and low net income). Many lenders using tax returns will also continue to verify income after the loan closes. Stated Income lenders will not engage in this practice.


It is becoming increasingly difficult to get commercial loans for special purpose properties. Properties that do not fall in the categories of apartments or retail/office buildings are often placed in this special purpose classification. This means that business acquisition loans for commercial properties such as restaurants/bars and auto service businesses are frequently hard to find. Commercial financing will be even more difficult to locate for such specialized properties as churches, funeral homes, nursing homes and assisted living facilities.


These terms are used by many banks to effectively shorten most commercial real estate loans to 3-7 years.

COMMERCIAL REAL ESTATE LOANS PROBLEM NUMBER 4: Short-term loans (less than fifteen years)

15-40 year commercial property loans without recall/balloon features are available.


Under most circumstances, commercial borrowers should not pay such a fee. Please note that processing/retainer fees are not included in this discussion of commitment fees. Processing/retainer fees should be viewed as an acceptable and standard business practice when dealing with commercial real estate loans.


Under most circumstances, commercial borrowers should not use a lender that requires a business plan.


Commercial borrowers should not be required to use their personal assets as collateral for a commercial property loan.

COMMERCIAL REAL ESTATE LOANS PROBLEM NUMBER 8: Sourcing and seasoning assets. Seasoning of ownership.

This particular problem will not be relevant to all business borrowers. However, if it is relevant, you should seek out a lender without sourcing and seasoning requirements or limitations. Most banks have strict guidelines for sourcing and seasoning of assets or ownership to qualify for commercial real estate loans. For a purchase, commercial lenders will frequently want documentation about where the down payment is coming from (sourcing). Commercial lenders will also frequently have very specific requirements stipulating that the funds must have been in a specific account for a specific period of time, often 3-6 months or longer (seasoning). Seasoning of ownership is similar to seasoning of funds, except this requirement involves the minimum time someone has owned a commercial property before they can refinance the property.


IRS Form 4506 authorizes the lender to obtain a borrower’s tax returns directly from the IRS. This form is routinely required by most traditional banks and many other commercial lenders for a business acquisition loan. Commercial borrowers using a Stated Income lender with limited documentation requirements will avoid this requirement.

COMMERCIAL REAL ESTATE LOANS PROBLEM NUMBER 10: Debt Service Coverage Ratio (DSCR) in excess of 1.2 for a business acquisition loan

The most flexible approach to DSCR for a commercial property loan will require a DSCR in the range of 1 to 1.2, with exceptions permitting a DSCR less than 1.

COMMERCIAL REAL ESTATE LOANS PROBLEM NUMBER 11: Minimum commercial property loan size that is too high for your commercial mortgage needs.

It is not unusual to encounter a minimum commercial real estate loan requirement of $500,000 to $1,000,000.

COMMERCIAL REAL ESTATE LOANS PROBLEM NUMBER 12: Excessive length of the commercial real estate loan process

Many traditional banks require three to nine months to close a commercial mortgage. A more action-oriented commercial lender will close commercial real estate loans in 45 to 60 days.

Helpful Cleaning House Tips

When it comes time to clean your house you want to make sure that you are going to make it as easy and as efficient as possible. No one wants to spend their entire free time cleaning the house so here are a few helpful cleaning house tips to help you get your house spick and span in a very short time.

The first thing I do is gather all of my cleaning supplies and materials and put them in a bucket so I can carry them around with me and have them easily accessible when I am ready to use them.

Now you are armed and ready to go, but where do you start? Well, a good rule of thumb is to always start from the top down. So go ahead and clean the ceiling, ceiling fans, walls, and windows first. This works because the stuff you are cleaning up top falls to the ground and you don’t want to have to clean the floor twice.

When I clean I usually will work towards the kitchen leaving the kitchen as the last room to clean in the house.

Bathrooms first, then bedrooms, living rooms, and family rooms, then finally the kitchen. There’s really no reason for this besides that it’s just a pattern that I have got used to and now I use it every time. I would suggest you find a comfortable method and pattern to use as well as it will really help you organize your thoughts and make cleaning go faster and more efficiently.

When you are ready to start cleaning, be prepared to get down to the nitty gritty and dress accordingly. Where comfortable clothes that you aren’t too concerned about ruining. Stock your bucket with plenty of clean and dirty towels and sponges.

A vacuum cleaner can be used in every room to assist with your cleaning efforts. Use it to clean the dust off the walls, dirt out of the furniture, cobwebs off the ceiling, and especially the dirt in hard to reach places. I even have used it to get the dust off of the top of unreachable cupboards and fan blades.

Keep in mind though that a vacuum cleaner alone may not get all the dirt out of the carpets and you may need to seek professional help to restore their new look. You could also rent a steam cleaner that will really work in getting some of those deep dirt stains out of your carpet.

Use these helpful cleaning house tips the next time you go to clean your house so you can cut your cleaning time down and use that time for things you want to do instead.

Ways to Increase Your Property Investment Returns

Have you tried your luck at foreign exchange, bonds and stocks, but to no avail? Are you perplexed as to what to put your money on? Consider real estate investment, as several people have turned into millionaires through shrewd investments in real estate. By means of this article, we will elaborate four common real estate investing tips, which would help you realize significant profits via property investment. Be it a newbie or a seasoned investor, these tips are sure to be of help to one and all alike.

Real estate investing tip #1 – Perhaps the most lucrative investment technique is to buy a run down property, fix it up, and then sell at a significant profit. Since the property is shabby, you might be able to acquire it for a low price. However, you must ensure that the cost incurred in the repair is restricted to a minimum so as to guarantee a profit. You can do this by making sure that the basic amenities are in place, without going overboard with the renovation. Such a buy-fix-sell scenario demands excellent property valuation skills and a rather frugal attitude while renovating.

Real estate investing tip #2 – Purchase properties that are about to face a foreclosure. A property typically faces foreclosure when the homeowner is financially distressed and is unable to repay the loan. Another common reason for foreclosures is dissolution of marriage with the abandonment of the house by either of the couple. Such a distressed property can be bagged for a low price by an articulate investor, who can convince the homeowner to sell the property prior to the foreclosure sale. Then the investor may sell the newly bought property at a significant gain.

Real estate investing tip #3 – Locality is a paramount aspect in real estate investment. Two similarly built houses may have varying valuations if they are situated in different locations. So, you must be abreast of the hot locations in your concerned region. If you are just about to start you real estate venture, I suggest you look for places that offer high rentals. Purchasing a property in such a region would result in a healthy monthly source of income.

Real estate investing tip #4 – Ever heard of Warren Buffett? The acclaimed stock investor made billions through a contrarian’s approach to stock investment. You may take a contrarian’s view to real estate investment as well. For instance, you may buy a property when it is out of favor with the majority of investors. That is, acting in opposition to the majority opinion. A contrarian’s approach is not a sure shot path to real estate success. Moreover, it’s complicated and therefore beginners are advised against it.

All in all, there are several avenues that you could realize profit in real estate. However, it is imperative that you be prepared to put in extra work hours, especially at the beginning of your real estate career. Putting your shoulder to the wheel is what’s required to make substantial profits in real estate.

Real Estate Investing Tips


Real Estate Investing is simple, but not necessarily easy!
You see, people can complicate anything! It’s like telling someone how to drive a car. It’s not complicated at all. Just open the door. Sit down. Turn the car on and put it into drive. But, people always make things harder than they need to be; They start asking thinks like ‘which door should I open – the left or the right?’ or ‘Do I unlock it with a key or click the button’ and on and on we go. Twenty minutes later, we’ve still not even been able to get into the car.

I liked that analogy because it applies to real estate. There are really 5 things you need to know – or steps – when it comes to real estate.

Here are the 5 Real Estate Investing Tips you need to know!

Tip #1: Find a Motivated Seller

Stop wasting your time trying to make deals out of deals that aren’t there. Sellers are motivated to sell a piece of real estate by only 3 things:

  1. Change in personal situation. Sellers become very motivated to sell their properties when things in their personal lives change and they can no longer afford the home or there is an emotional reason for selling. Personal reasons for selling a home are: job loss, divorce, relocation, illness, etc.
  2. Economic conditions.
  3. Property conditions

Tip #2: Evaluate the Deal
Once you’ve found a motivated seller, it’s time to decide if the deal is going to work. Real estate investing comes down to the numbers. There are 5 factors to consider in order to decide whether or not to invest in a property.

  1. Location. If real estate is located in an area that is full of abandoned properties and rundown houses, the score will be lower than if the house was located in a prime location, close to all of the area amenities.
  2. Condition. The better the condition of the property, the higher the score will be. For instance, a brand new home is going to have a substantially higher score than a property that’s rundown and needs major repairs.
  3. Price. The lower the price, the better! The goal is to purchase real estate for as little as possible. 30% or more below market value will score much higher than when the seller is asking for market value or better.
  4. Financing. Real estate comes down to the numbers. If the seller is willing to give you financing with flexible terms and low interest rates and you don’t have to come out with any of your own money, it’s better than when the seller needs all cash up front.
  5. Seller’s Motivation. On a scale of 1 to 10, how motivated is the seller to sell his/her property? The more urgent their situation is, the higher the motivation score.

Tip #3: Write an Offer
After you’ve done your homework and looked at the numbers, it’s time to put the pen to the paper. But before you write your offer, make sure you have 2 exit strategies in place. This way, you’re not stuck holding onto a piece of real estate that you can’t rent or sell. Many people are losing their shirts in real estate because they jumped in on pre-construction and hoped to “get rich quick”. Consider submitting 3 contracts on the same property with different prices and terms and let the seller decide what works best for his/her situation. For instance, you may have a wholesale offer at 50% of market value, a seller financed alternative that you might use for a rental, and a lease option which you might do a sandwich lease-option.Tip #4: Line Up Your Financing

Once the seller has agreed to one of your offers, it’s time to get the deal closed. If you’re wholesaling the property, find your investor-buyer. If you’re going to close on it yourself, line up the financing via a conventional lender, hard money lender or line of credit. Also start looking for a tenant or tenant-buyer if you’re goal is to build a long term real estate portfolio. The key is to get your financing lined up in accordance to your exit strategy and begin moving immediately.

Tip #5: Follow Through with Your Plan
Many real estate investors purchase a piece of property with one plan, buy-fix-sell. They write the offer based on a certain sale price and with a specific plan to renovate. Then, once they close on the home, they over-improve and try to sell it for more than it’s worth or use a hard money lender and then decide they want to rent it.

If you follow these steps and remember the tips, then you will make money in real estate. If you deviate from the plan, then your chances of running into problems increase. You wind up with the wrong type of financing, you can’t find tenants, the holding costs eat the profits, etc.

Remember, real estate investing is like driving a car. It’s simple. Get in, turn the key, put it in drive, and go!

Best Ways to Find a Real Estate Agent

First of all you typically do NOT want to ask your family! You may find out that one of your family members is a realtor and be obliged to work with them when you know they are not the person you want to work with. Working with the wrong realtor whether you are buying or selling could cost you lots of money and time; you want to make sure you work with exactly who you want to work with. I do recommend asking around to business associates, co-workers but just be careful with family members. Referral business is the best way to find a real estate agent.

The second best way to find a realtor is to try to find events in your area or targeted area where a real estate agent is going to speak. That is a great way to see if you want to work with them more based on their confidence and knowledge. Most speaking real estate agents do a lot more business, have a lot more connections and are much better to work with than the real estate agents that never even attend events.

The third best way is to interview real estate agents over the phone. Asking them key questions like:

What would you do if you were me?

What do you think about the market?

Why should I use you instead of your competition?

If they can answer these pointed questions in a satisfactory manner, they may be the right one for you! Hope this article helps you in your quest to find a real estate agent.

Find A Real Estate Agent With Experience And Character

Are you looking for your first home? Are you looking for an upgrade to the home you currently have? Are you looking for investment property or a place to rent? No matter what you are looking for when it comes to real estate experience and character are the things you want to find in your real estate agent. Without these two things the biggest purchase of your life can become the biggest nightmare you have ever had. How do you find a real estate agent with these characteristics?

Real Estate Agents with experience and character have a good reputation. Now this doesn’t mean everyone in town will like them, but if you ask around you can find out very quickly what the general thought is about an agent. This is easier to do in small towns than it is in large one where agents move from place to place. In towns large and small you can check out an agent/company’s reviews online. Go to Google and type in the company or agent’s name and see what comes up. You can also contact the board of Realtors and ask about a Real Estate Agent’s conduct.

Real Estate Agents with experience and character will be able to answer your questions, even when the answer isn’t what you want to hear. A professional agent will be able to answer your questions without having to always look things up. Be prepared when you go in to meet with them to ask questions that are challenging and will help you become a better informed consumer. If they are quick to answer these questions and seem to do a good job at them, there is a good chance you are dealing with someone with experience and character.

Real Estate Agents with experience and character have an online presence where they share their knowledge with others. Today the internet is the number one place we go for information. In order to be an expert in almost any field you must have an online presence. If your agent doesn’t have this presence or they seem ill prepared in terms of technology then beware that you might be dealing with someone who is either just getting started or really doesn’t know their stuff. People who have knowledge should be willing to share it.

If you are in a search for a Agent then you should keep these things in mind. In today’s economy there are so many pitfalls a person can fall into when it comes to the market. Make sure the person you choose to represent you is qualified and willing to be your advocate. Their job is to be your fiduciary, that means they are to look out for your needs over their own.

How to Find Good Real Estate Deals

Have you ever heard people say that “it’s not what you know, it’s WHO you know that counts”? Well, in the real estate investing arena this can many times be absolutely true when it comes to learning how to find good real estate deals. Take a few moments and plan out your strategy for finding great real estate investments by gaining the attention, cooperation and loyalty of integral pieces to the real estate investing puzzle: the people you never talk to that you see every single day. These people hold the keys to your fortune (even if they drive a garbage truck).

The knowledge and inside information of who needs what, who has what, and who’s looking for what, that lies untapped in the head of every single person you meet, and so you can find motivated sellers by networking. You can find investors and private lenders by networking. You can find tenants by networking. You can absolutely have others help you find property by word of mouth- and doing all these things every day can make you a very rich investor.

As you’re mapping out your winning strategy for real estate investing, keep this in mind: in the real estate business, just like in life, your positive and strong relationships with other people are the greatest assets you can ever have. Thus, networking is an extremely important part of enhancing your investing success.

Networking with like-minded individuals, other investors and real estate professionals who can help you on your journey to success can help investors like you and I locate some great deals. However, it’s networking with people NOT in the real estate business that can often bear the BEST fruit, the very best deals available.

How to Find Good Real Estate Deals – Overlooked People Resources

Why? Many times, we can learn about these great deals before anyone else- simply by being the ear on the receiving end of someone who wants to do us a favor (or return one). By being the person among someone’s group of friends, family, acquaintances, or co-workers who is known to them as the “go-to-guy” to solve problems in real estate- and by making it worth that person’s while to give you the information you need. (That’s very important!)

This person could be ANYONE we meet, even if we just met them TODAY.

It’s true, when it comes to finding great real estate investments; the best deals are never listed. Not on the MLS. Not in a FSBO magazine. Not on a website somewhere. No, the best deals are often never listed at all. In fact, a mentor of mine made famous the phrase, “if it’s on a list, the deal doesn’t exist”. No, a true deal is something few people are going to know about (and the best is one where none who know about it know how to or are prepared to act on it). You want to be one of those few people who know!

Networking can yield some surprisingly fantastic results as connections are made with other movers and shakers and people in the know and believe me when I say that relationships can be forged in some unlikely place- and with some unlikely people.

Even your garbage man can be a great person to network with, when you’re looking for great potential real estate deals. In fact, with a few garbage men on your bird-dog team you can find motivated sellers by networking all month long, just by being on the receiving end from information they might have that others don’t (and compensating them for it legally- see your attorney).

Think about it a second and you’ll realize why this makes so much sense. Do you see it?

In fact, right now I’m willing to bet that most of us (myself included) MISS OUT on most of the GREAT deals the universe has put within our grasp, simply because we do not have the eyes to see the message or the ears to hear the messenger or the voice to ask the right questions of the right person at the very moment we have been given the free opportunity to reach out and grab it.

Find Property by Word of Mouth & Networking

Many people fail to realize that the man or woman on the train next to you, the checkout girl at the local supermarket, or that guy at the gym who seems like he’s trying to squat himself to death very well might hold the key to their investing dreams. They might have the knowledge of a potential deal that no one else does.

And all we have to do is ASK.

And you know what? Chances are two things are happening in this situation you and I miss out on almost every single day.

One, these folks have NO IDEA how VALUABLE the information they have is. They themselves don’t have the specialized knowledge you do (they aren’t real estate investors after all) to even SEE the deal, or make profits doing the deal, or the right words to use in getting the investor, or the resources in buying the house, or the need for renting the house…but they sure can give you all the information YOU need to do it.

Two, we never find out that information because we never think to ASK! We will only know for sure how many deals we have been missing out on if we take the critical first step to engage everyone we come into contact with a conversation, asking who they might know that needs “X”, who has “Y”, who is looking for “Z”.

Who do you know looking to rent?

Who do you know maybe wants to sell their house?

Do you know anyone looking to invest money in real estate?


Don’t believe me about the fact that you’re missing a deal EVERY SINGLE DAY?

Then it’s time for a demonstration of how to find good real estate deals, ok?

Let’s take one simple example, shall we? Let’s say for instance that you live in Atlanta and you’re a pre-foreclosure investor, meaning you buy the homes from sellers who are behind on their mortgage and want out before their home gets foreclosed on and their credit is ruined. People will tell you that these deals are hard to find and that there is a lot of competition for them. They’d be right only if YOU believed THEM.

In fact, while these deals aren’t EASY to find. It CAN be SIMPLE to find property by word of mouth and networking.

Here’s how.

Open up your mind to the possibilities that people all around you know about these deals.

If I told you that 1 in 54 houses in Atlanta were going to foreclose in the next 12 months, what would that mean to you?

1 in 54!

That’s tens of thousands of potential pre-foreclosure deals for this example investor to find.

Is the best way to find motivated sellers by networking?

Maybe, maybe not. In a large city like Atlanta, you might see a motivated seller prompted to call from a billboard, a Yellow Pages ad, a TV commercial, from one of the hundreds of thousands if not millions of pieces of direct mail daily dropped in the area- or you could see that same call generated by simple word of mouth. Simple, cheap, effective word of mouth.

And each of those people going through foreclosure will know an average of 300 friends, family, co-workers, and acquaintances, as the statistics of human relations tell us.

Do you think one of them might be known by the man or woman on the train next to you, the checkout girl at the local supermarket, or that guy at the gym who seems like he’s trying to squat himself to death?

Do you think your garbage man might know one of them?

Do you think they might tell you what you need to know or who you need to talk with, if you give them an incentive to do so?

Yes and Yes.

Are you beginning to see what I’m talking about now?

About how you can be out there with a force of people finding great real estate investments for you?

Talk to everyone!

And give them a reason to tell you who they know who can use your services.