Kenny Rushing
Kenny Rushing is a remarkable tale of a life turned around. A resident of Tampa, Florida who is an evolving account of transformation that is simply extraordinary. Kenny is best known for the moving story of his humble and troubled beginnings, and his phenomenal success as a real estate investor - in spite of the seemingly insurmountable odds he faced. He is a phenomenally successful real estate mogul, civic leader and devoted philanthropist. His company, Rehabbers Superstore, Inc., now grosses millions of dollars per year through real estate transactions and investments. Kenny Rushing is quickly becoming known for the life transforming impact his uncommon wisdom is having on the lives of those who have benefited from his knowledge, wisdom, training and coaching. His goal over the next five years is to teach 1 million people how to achieve financial independence and flip their life through real estate investing. Kenny Rushing is a living testament that: If KEN Can Do It - So KEN You!
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Why Bulk REO’s Are A Limited Opportunity
Now is the time to get wealthy. And it’s very easy to do when you enter the Bulk REO niche; either as a tier one buyer of Bulk REO packages, a seller or buyer’s mandate, or as a rehab to rent or sell buyer. It’s a limited time opportunity that you need to take advantage of quickly.The financial downfall in the US caused a flooding of foreclosures, leaving the banks with a surplus of “toxic assets”. Most people don’t realize that the real estate crisis we’ve been in since 2008 is comparable to the “savings and loan” crisis of the…
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What the Foreclosure Moratorium Means to You
Seems as if a crisis is brewing and you and I are in a great position to make HUGE profits.I’ve always believed in the mantra, “Where there’s a crisis…there’s an opportunity.” History has proven this to be true time and time again. HP was founded by Bill Hewlett and David Packard. They started HP out of a garage in Palo Alto, California at the height of the Great Depression in 1939. Steve Wozniak and Steve Jobs dropped out of college to start Apple in the dark economic times of 1976.During the gloomy years of the Great Depression, Charles Revson noticed…
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What are Bulk REO’s & Advantages of Investing?
I have to laugh at the people who say now is the time to hunker down and ride out the recession. Are you kidding? Now is NOT the time to hunker down! Heck, if I did that when the bottom fell out of the real estate market I wouldn’t be here today. These are the times when fortunes are made.In this economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices.Everyday people can…
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Short Sale Overview
At the time of writing this, home values are dropping, investors are running scared, foreclosures are at all time highs and climbing daily. Homeowners are feeling the pressure because of the weakening housing market, especially those who have mortgaged their property to the max. They have no equity in their homes and are behind on big loan payments. Most investors don’t even touch these deals because there is no money to be made with them (so they think). This is where short sales come in. Short sales are a must if you want to be successful in the current real…
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Protect Yourself From Shady Contractors
In any business you have honest people, and you have crooks. The real estate business has its fair share of crooks. You must learn how to protect yourself. In every sector of the real estate business you have people plotting to beat you out of your money. At times this may include the mortgage broker, the real estate attorney, the home inspector and, of course, the contractor!When I use the word “contractor” I’m referring to general contractors, sub-contractors or any other person you hire to do work on your rehab project. This article will help you spend your money with…
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Paying Contractors To Do Work Twice
Early on in my real estate career I was a novice investor. I was learning the ropes of the business as I went along. In my early days of real estate investing I would pay contractors and subcontractors in full, and in advance, to do some of the rehab work on my properties. The contractors I paid in full, and in advance, would often do inferior work and/or would not complete the work I assigned to them. I would have to fire the original contractor or subcontractors I hired, and hire, and pay a second time, a new contractor or…
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Nothing Mysterious About Investing In Bulk REOs
There’s nothing mysterious about Bulk REOs. People are often intimidated by what I do. “Bulk REO trading” sounds complicated and scary, like something that Wall Street guys with MBAs would discuss over martinis. A lot of people think they aren’t sharp enough, not educated enough, not rich enough to get into this bulk reo investing business.But in reality, bulk REO trading is just a new way to apply business principles that have been around since the beginning of time: buy in bulk at wholesale prices, sell individually at retail prices. The money left over goes in your pocket. As long…
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Learn To Create Your Niche As a Bulk Reo Wholesaler
Subject: Need fast sales? Try this…We’ve talked a lot about how to buy bulk REOs and that’s important. But to put money in your pocket, you’ve got to be able to sell properties, too and sell them fast.Just as bulk REO purchases are different than typical real estate purchases, sales of these properties are different, too. You’re not looking to rent these properties out, or fix them up and sell them to families you’re looking to sell them to someone else who wants to do that.You know the difference between wholesale and retail. But here’s something a lot of people…
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Investing In Vacant Homes
Investing in Vacant or Distressed Homes is a good niche for real estate investors to consider. The moment a property goes from lived-in to vacant, its value decreases significantly. This is not always good news for the homeowner, but great news for real estate investors. Unoccupied homes are among the best deals available – and some of not even listed on the MLS. Even though money can be made, there are risks to consider when purchasing vacant homes.Investing In Vacant Homes”Potential Investor buyers need to keep in mind that there are reasons a home is vacant. Sometimes, there’s been a…
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Invest in Bulk REO’s or Non Performing Notes?
Bulk REO investing is BIG business these days and everyone is looking to get involved. This article is going to share with you the difference between a REO (real estate owned) and a Non Performing Note (NPN), and how you can profit from the two as an investor.What is an REO?An REO (Real Estate Owned) property has previously been foreclosed on and unsuccessfully sold at a real estate auction, and is presently owned by a bank. When a home is at this stage, it’s available to be sold for a large discount because banks are anxious to get rid of…
