How Do You Find Your Leads?

Posted by: Carleton Sheets in PropertyNeighborLeadFSBOForeclosureDistressed on

In my Real Profit$TM in Real Estate program, I talk about some of the ways to find properties for sale. These strategies include driving through neighborhoods, calling "For Sale By Owner" (FSBO) ads, searching the Internet, checking the MLS, and exploring word-of-mouth referrals.

But there are so many more ways! You've just got to be creative. One of my students is able to search the lis


How to Spot Foreclosures

Posted by: Carleton Sheets in RehabForeclosure on

There you are, just minding your own business while driving to work when you spot a house, and you just KNOW that there's something not quite right. Sure enough, you learn that the property is in pre-foreclosure. What tips you off?

One of the first signs that something is amiss is the sign of neglect. Perhaps the grass is too long, or the windows look dirty, or the yard is unkempt. Or, maybe


The landmark housing bill that was just passed by the Senate this weekend will offer $300 billion in loans for homeowners struggling to keep their homes from foreclosure---plus provide much-needed relief to Freddie Mac and Fannie Mae.

Although I feel that the bill has its positives and negatives, I believe the refinancing aspect---which is voluntary for the lender---will have the most impact.


I was reading an article the other day about how life is great for the "repo man." It made it so clear to me that although the news is overshadowed by the housing crisis there are so many other layers to the mess we're in.

The "doodads" (as Rich Dad® Poor Dad author Robert Kiyosaki calls them) that people bought in the past---boats, classic cars, snowmobiles and the like---are being


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