Building Passive Income through Real Estate

ISSUE #3

October 5, 2003

"To get profit without risk, experience without danger and reward without work is as impossible as it is to live without being born"

- A.P. Gouthey

Finding Motivated Sellers

This week we continue on our lesson of finding motivated sellers. Here are some keywords to look

for in classified ads to identify motivated sellers.

Price Reduced
Must Sell
Below Market
Below Appraisal
Needs Work
Handy Man Special
Make Offer
For Sale By Owner
Nothing Down
Reduced

Don't discount what you may find in your local newspaper. Some of your best deals may come by looking through

the classifieds. This includes your Thrifty Nickel/Shopping News type classified papers. Remember these are people

people in financial trouble, they are going to try to save money anyway they can.

These are the keywords that identify properties to stay away from. These people are trying to sell their home at full

price or better. Like you, they are fishing to make a profit.

Custom Work
Newly Remodeled
Great View
Immaculate
Several Upgrades
Gorgeous

Why Las Vegas?

As many of you already know, we have been working on the Las Vegas market the past couple months.

This week I thought I would share with you a few reasons why we like the Vegas market so much.

Surplus number of people coming into the Las Vegas valley each month (3,000-4,000 a month!)
High appreciation rates in several areas (I will focus on 5 zip codes in a future issue)
Great job growth (This is both in the service industry as well as the trades)
Second Home/Vacation Rental market
Tax friendly state
Culinary and Entertainment Mecca
Cities growth is restricted by natural boundries (contributes to appreciation rates)

We are working with a great realtor in Las Vegas, Jason Tomei.?
If your interested in the Las Vegas market and would like more details about what the trends are there,
check out his website at http://welcomehomelasvegas.com.?

Next Issue

In the next issue, I will be identifying my 5 favorite zip codes in Las Vegas and start introducing you to

investing in Tax Lien Certificates as an alternative to real property.

More Information
To find out more about the seminars and products we offer, check out our other site
http://www.inwiththenew.com/firehorse.

To subscribe to this EZine, visit http://www.freeforeclosuresites.com.

The archives will be available starting 10/7 to subscribers at EZine Archives.

Issue #1

Issue #2

Please provide some feedback on what you would like to learn more about and see in this newsletter.
I can be reached at kdavis@jasminedeveloper.com.

Have a great week;

Kevin?

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