In “One House At A Time / Finding And Buying Single Family Rentals" I write about why your real estate salesman can’t make you rich, despite all their earnings very few have even made themselves rich. The real shame is active real estate and mortgage people see opportunities all the time and fail to recognize them.



Why real estate and mortgage salesman seldom buy

real estate!

1. When was the last time you heard of a lender or real estate salesman making anyone one rich? I mean clients not their brokers or ex-spouses!

2. How many salesmen do you know who have any security if they stop selling? What happens to them if the market changes?

3. How many people do you know that own any property besides their own home?

4. Why do the TV real estate gurus draw such large crowds? Yet, you can walk into a real estate office and find salesman with nothing to do.

5. How many salesmen and their clients give up if a client doesn’t qualify for a conforming loan?

The simple truth!

1. Professional real estate people don’t normally make anyone rich! They make the rich richer but rarely anyone rich, including themselves.

2. It’s a very rare salesman, no matter how good, that has any security. Most salespeople mortgage and real estates, our experts, don’t know an opportunity when they see it! Nor, where to look for one. They are trained, by their brokers, to generate commissions, opportunity to them means cash today! Not long term riches or security. Their employers are also part of the problem, they don’t want their salesman distracted working their own account. Real estate brokers generally require commissions on any property their salesman buy or sell.

3. Because, they don’t recognize or look for an opportunity mortgage and real estate sales people seldom own anything but their own home.

4. TV infomercial real estate gurus draw thousands of people to their so called real estate seminars that tell of the glories of having money. As many as a third of those attending will buy these course for $300.00 to $35,000. All most none of these dreamers will ever invest in a rental, or flip a house. You don’t see real estate and mortgage salesman helping these desperate people, because they don’t know how.

“One House At A Time / Finding And Buying Single Family Rentals" was written for beginning real estate investors and those who bought the infomercial programs and found them unworkable and / or morally repugnant. But, real estate professionals should read it, to understand your investor clients better and more importantly to secure your own fortune!

“One House At A Time / Finding And Buying Single Family Rentals" provides all but two of the infomercial programs, “One House At A Time" doesn’t teach “tax sales" but it does teach you how to research tax sales. “One House At A Time" leaves out “note trading" because this requires a mortgage brokers license, in most states! “One House At A Time" is a lesson in real estate and life.

“One House At A Time / Finding And Buying Single Family Rentals" is available through http://www.reii.org .

I write these articles to promote my own work, but don’t let that distract you! The point of this article is that all real estate people need “real estate investment" training! “Real estate investment" training is not the same as real estate education. “Real estate investment" training teaches recognizing opportunity, something sadly left out of traditional real estate education. Any “real estate investment" training is better than none, even Carlton Sheets or Ron Le Grand.

Follow “One House At A Time" with selected books from John T Reed. If you must over spend skip the TV Gurus, their programs are often morally repugnant and only designed to transform your earning into their wealth. If you must over spend donate your money to Baney Zick, he’s over priced but very good.

Everyone wants to be rich, but few are willing to do what it takes no matter how simple. Real estate and mortgage salesman seldom buy real estate, for same reason a plumbers pipes leak!