Real Estate Investing is THE Popular Investment of Today

Investing in real estate and buying foreclosures seems to have replaced stock investing in some circles as the hot topic of conversation. There is always a “popular” investment…in the late 1990s it was tech stocks, now those investors seem intrigued by the return potential on distressed properties. All of these new investors are looking for quality real estate leads.

Some think that a good place to find these is at foreclosure auctions. However, if they haven’t sold already by the time a property reaches the auction block, it's probably worthless as a short-term investment. The way to make great profits is to find the distressed property in pre-foreclosure, before the foreclosure it final.

What is pre-foreclosure? It's that period between when the lender files a foreclosure lawsuit or notice of default in the public records and the date the property is to be sold at public auction or trustee's sale. The average time it takes to foreclose on a property varies widely by state, from 90 days to 10 months.

There are a few options when searching for quality equity filled real estate leads. You can generate your own leads, which takes extensive research to find pre-foreclosures that are actually motivated and willing to sell and are interested in selling to an investor. The hardest and most expensive part is finding the real estate leads. The other option for generating real estate leads is to hire or team up with a service that will do it for you. Not all companies are created equal so be sure to research the company and understand what they offer for the money, what type of commitment you have to agree to. The highest recommended company of this sort it Wehavehomeleads.com. They really simplify and decrease stress for real estate investors by making it effortless to get quality motivated leads. This company sends leads to subscribers email inbox daily, have no long term commitments and even guarantee their service.

After the leads are in your hand you need to use persistence and diplomacy to convince distressed homeowners that you're part of the solution, not the problem. Once you've scaled the short learning curve, the sky's the limit, according to Bill Bronchick, Denver attorney and author of "Flipping Properties: Generating Instant Cash Profit in Real Estate."

"It's simple, but it's not easy. It has a higher learning curve than the stock market, but there is a directly proportional measure between experience and results. In the stock market, people can do it for years and still be bad at it. In real estate, the more you do it, the less risky it gets," he says. "Your only chance to buy someone's equity at 50 percent or less is to deal directly with the owner in foreclosure prior to the property being sold," he says.

There is awesome money to be made in today’s hot investment of pre-foreclosure properties. Some supplement their day jobs to the tune of $60,000 a year doing it on the side. Many others have made a VERY successful full time career out of investing in real estate leads of all sorts. Gone are the days of working 9a-5p for someone else you have to be motivated and MAKE success and wealth happen in your life.