Free Real Estate Investing Training and Seminars - from The HBH Group

The HBH Group offers FREE monthly seminars to teach the principles of "The Millionaire Real Estate Investor", the groundbreaking new book that offers the novice real estate investor proven models and systems to create wealth with real estate. Here are some examples of the success stories that are shared in our seminars as well as a synapsis of the book:

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When Wendy Patton bought her first investment property she was living in a hotel, made $20,000 a year, and owed that much in student loans. Today Wendy has bought and sold more than 600 houses.

Jimmy and Linda McKissack struggled for years to turn a restaurant and nightclub into a sustainable business. They began supplementing their income though investment properties. Within five years they went from a handful of investment homes to 83 residential properties worth over $10 million.

When Danny Williams accepted an early retirement package from Delta, he owned 11 rental properties and had two children in college. Danny says he's now "totally unemployable" by choice and in complete control of his destiny.

Based on extensive research and interviews with over 120 millionaire real estate investors like these, Gary Keller's new "how to" guide reveals the models, strategies and fundamental truths millionaires use to become wealthy through real estate investing.

His latest book, The Millionaire Real Estate Investor, written with Dave Jenks and Jay Papasan, hits bookstores just as real estate investing has gone mainstream. According to the National Association of REALTORS, in 2004 nearly a third of all sales were second homes or investments.

"By tapping the wisdom of millionaire investors from across the country, we're sharing investment models that can be duplicated by anyone in any market." Keller explains, "These are the foundational strategies every investor must know in order to maximize their financial wealth."

But the book isn't just about real estate. Through his research Keller discovered that millionaires think about money quite differently than others. As a result, this book also takes a hard look at the money myths that hold some people back and the money truths that lets others soar. The book begins by exploring the "MythUnderstandings" about the way people view investing. For example, Keller explains despite what most people think, investing by definition and design isn't risky. Millionaire Real Estate Investors employ time-tested strategies to avoid risk and, in the end, take luck out of the game.

By the end of the book readers will be able to:

• Think a Million: Develop the financial literacy and mindset of a millionaire investor
• Buy a Million: Amass a real estate portfolio with a market value of a million dollars or more
• Own a Million: Turn investments into an asset-based business with ever-increasing net worth
• Receive a Million: Build an investment empire that provides a million dollars a year in passive income

Keller concludes with twenty-one inspiring and enlightening profiles of real-life Millionaire Real Estate Investors whose wisdom permeates the book, as well as appendices containing a series of easy-to-use worksheets.

According to Mike Summey, co-author of the bestselling The Weekend Millionaire's Secrets to Investing in Real Estate, "This book is not just a bargain, it's a steal. It's filled with practical, workable advice for anyone wanting to build wealth."

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Call (512) 439-3772 today to reserve your seat in our next FREE seminar. The next few months will hold some great opportunity to purchase properties at deep discounts. Don't pass up this chance to get a head start on financial freedom through real estate investing.

Want more GREAT INFORMATION LIKE THIS? Just CLICK HERE:

Other articles on Property Investment:

1. Looking for Property Management in Round Rock?
2. Investment in Texas Can Help You Retire Early!
3. It's Time to Invest in Real Estate, Conservatively!
4. Why Flipping Homes Can Carry Strong Liability
5. Foreclosures are Always a Bargain! Yea, Right!
6. Texas is a GREAT Place to Live and Invest!
7. Round Rock Real Estate makes the News...
8. The Tale of the Foolish Real Estate Investor

Here are some other Buyer's Resources from Our Website: Seven steps to buying your home
Deciding how much house you can afford Making your home wish list Opting for new home construction
How can a real estate agent help me? 10 things you should ask a real estate agent
Location, Location, Location Mortgage Calculator Contact us about buying your home

And some seller's resources as well:Eight steps to selling your home
How can a real estate agent help me sell my home Practicing good seller's etiquette
How to price to sell and still make a profit Understanding the buyer Increasing your home's appeal
Mortgage Calculator Contact us about selling a property

The HBH Group/HBH Property Management
101 E. Old Settlers Blvd., Suite 190
Round Rock, TX 78664

To contact us:
Phone: 512-439-3772
Toll-Free: 877-268-1877
Fax: 512-579-4248
E-mail: info@TheHBHGroup.com
Websites: http://www.TheHBHGroup.com/
http://www.TheHBHGroup.biz/
Blogs: http://wcrestate.blogspot.com/
http://www.activerain.com/blogs/stevehomer

Investment opportunities are coming on strong in coming months. Now is the time to prepare. Listen to Dave Ramsey's advice about creating wealth with your lifestyle. Watch this video:

The Tale of the Foolish Real Estate Investor

We live in an information age where there are always "experts" wanting to sell you a new course on how to get rich in:

1. Real Estate
2. Your Own Business
3. The Internet
4. You Name It!

Wisdom comes as we get more mature and realize that there are really no "quick" solutions to anything and that includes creating wealth. A few years ago here in Williamson County, we saw loads of investors who swarmed into the area and purchased real estate by the bunches. The lenders were handing out 100% finance deals like the money would never end. Many of these "investors" went directly to local builders and bought 2-10 properties in specific subdivisions all at one time and all at 100% financed. I like to refer to this as "the era of irrational exuberance". Many of those of us who work this business full time knew that this was a recipe for disaster and the disaster is here now. We are seeing most of these properties now going to foreclosure right and left and although our foreclosure numbers here are dwarfed by many other areas of the country, they are still greater than we have seen in a long time.

So herein is the purpose of this article. There is a distinct difference between an investor and a "speculator". What we saw here in the past were many speculators, but not true investors. Investors recognize value and invest for the long haul. They recognize that business cycles will ALWAYS repeat themselves and trying to cheat a good investment with NO MONEY DOWN and expecting that there will never be lean times are unrealistic approaches to investing in real estate as a business. We are working with many investors from all over the country and have always attracted the SMART investors: those that recognize that money investments on the front end are required to be a wise real estate investor. There will be some great opportunities in coming months in Central Texas to invest in a growing market. And if you do so in a smart manner, over a period of years you will see a substantial return on your investment.

If you are looking for a REALTOR in this area that can provide sound real estate investment advice, counsel and services, please contact us. We groom new investors as well through our training programs and BLOGS such as this one. We'd love the opportunity to service your real estate investment and management needs!

This message is provided as a public service by The HBH Group, the premiere real estate group in Round Rock and Georgetown Texas. Contact us through our websites at: http://www.TheHBHGroup.com/ and http://www.TheHBHGroup.biz/ or call our offices at (512) 439-3772 or toll-free (877) 268-1877.

Managing Your "House Money"

Did you know that the average American, relocates to a new home about every 5-7 years? This is one reason why a home is such a great investment, because you carry that investment's gain from home to home over your lifetime. But what if could continue to gain the value on that investment over your entire lifetime? If you moved every 7 years and lived in homes from ages 24-64, you would have purchased 7 homes over your life time and by the end of that period at least four of them would be paid off! If you set the discipline for yourself to lease every home you lived in after you move out, what could that mean to your family financially?

I just ran some quick calculations with my spreadsheet software and found the following to be true. Assuming a 5% annual appreciation growth rate (conservative to say the least), over a 50 year period:

1. You would have acquired 7 homes in your portfolio.
2. The homes would be worth over $8MM.
3. By just paying pretty close to normal 30 year fixed mortgage payments, your equity would be running about $6.25MM.
4. You would be generating over $800K/year in cash flow (income).

So would you say that adding this financial discipline to your budget would be a good thing for you? Just imagine, passing down an inferitance of this sort of value to your children in their 40's as well as teaching them to do the same with their real estate investments.

Call us The HBH Group for more detail or plan to attend one of our Buyers or Investors Seminars soon. You can reach us at (512) 439-3772 / (877) 268-1877 / or see our websites at:

http://www.TheHBHGroup.biz/ or

http://www.TheHBHGroup.com/

Why Should I Need an Option as a Buyer?

I am often asked this question by buyers and it amazes me that people don't naturally see the benefit of an option out of a real estate contract. After all, having a few days to "really" make up their mind on a contract is a real power tool to a buyer. Further, the option offers the buyer time to perform the needed due diligence on one of the largest purchases that an average person will ever make.

The option clause was added to our contracts in Texas many years ago simply to put the buyers more at ease. If you are not aware, real estate contracts in Texas do not qualify for the 3 day right of rescission rules that apply to bill of sale and retail purchase agreements. For this reason, the option clause was added to our real estate contracts by the Texas Real Estate Commission (TREC) and the Texas Association of REALTORS® so that buyers had a way out for any reason or for none. This right is purchased with a sum of money and MUST be in the hands of the seller within 48 hours of the execution date on the contract.

I repeat, that this is a HUGE power tool for a buyer in the state of Texas. It offers the buyer time to get the property inspected by a TREC-licensed real estate inspector. During the option period, the buyer has a great amount of leverage with the seller to negotiate needed repairs. This is a great opportunity to get repair costs negotiated and all this prior to closing.


Other buyers (particularly investors) use the option period to make offers on MANY properties at the same time in order get the best deal on one or two of them. This is a common practice (much to the chagrin of sellers), but is another method for controlling the buying process. In this case, the buyer may end up incurring a few dollars in option fees on those the contracts that they opt out of, but they can keep the best deal or deals they were able to negotiate. Many of the investors that work with The HBH Group use this method with great results.

If you have further questions about the option process or any subject that we can help you with, please call our offices at (512) 438-3772 or check out our website at http://www.TheHBHGroup.biz/ where you can get more information on buying and selling or leasing and managing real estate.

Why Real Estate is Such a Great Investment to Reduce Taxes

At the HBH Group, we are frequently asked why we work with investors. The answer to that question is that we "create" investors from our clients. When we teach you how you can save significantly on your tax load AND gain great returns on your investment funds through appreciation, rarely do we have a client that doesn't want to get involved in real estate investing. In this installment of the BLOG, I thought it would be a good idea to teach you, my readers some of the major tax benefits to investing in real estate. Here are some of the major reasons why this is such a great way to invest your funds and save taxes too:

1. Individuals who purchase real estate rental properties, who actively participate in the decision making process, such as determining who the tenants will be and what repairs should be made, may be able to reduce their taxable income by up to $25,000 per year under existing tax taws. The active real estate investor may deduct up to $25,000 per year on schedule E for such items as depreciation, negative cash flow, maintenance, repairs, interest, taxes, and trips to the property. This could effectively reduce the investor's taxable income by as much as $25,000. The potential savings in the 28% bracket would be $7,000. An investor in the 31% tax bracket would save $7,750. The savings would even be greater if the investor has a state income tax, as most state income taxes are based on the federal tax returns, which would be reduced also.
   
2. The $25,000 annual tax deduction is the maximum allowable each year no maker how many Investment properties are owned; this amount is reduced for taxpayers who have over $100,000 in adjusted gross Income. For every $2,000 over $100,000 of adjusted gross income, the $25,000 limit is reduced by $1,000. If, for example, the investor's adjusted gross income was $1 10,000, he would only be entitled to a maximum of $20.000 per year. The entire $25,000 would be eliminated for the investor who has an adjusted gross income of $150,000. Hence, these investors would be buying the real estate investments for the potential appreciation and/or income which they can generate.
   
3. Real estate investment property is a field where a substantial number of existing homeowners could be sold on the idea of purchasing rental real estate if shown by their real estate agent how to obtain good rental properties. In fact, hundreds of people each day purchase tape courses from late night infomercials, showing them how to purchase rental properties with little or no money down. The purchasers of those courses are shown that buying real estate investments can help generate large monthly incomes, build huge net worth's and shelter taxes. Some of the participants end up quitting their jobs, as they can earn substantially more from buying rental properties than what they have been doing. As mentioned above, this is a focus area of business for the HBH group. We have the expertise in acquisition and management services of rental property. Don't rely on late night TV to "buy" some, not all of the knowledge you need, instead leverage our experience to your advantage!
   
4. One age old objection to owning real estate investment properties is dealing with tenants. That is, collecting the rent each month and having to locate new tenants to replace the old ones. There are several ways to deal with this. First, consider having a company such as HBH Management manage your properties for a small monthly fee. We can also lease manage the properties for you, finding you good, qualified tenants and managing all interactions with those tenants; you simply pick up your check from your mailbox! Another option is to purchase real estate as co-owner with a relative. One relative can act as the owner-occupant/tenant. The other relative can act as the owner-investor. Each party would own a percentage of the property, such as WSO. The owner-occupant relative would put up 50% of the down payment, pay 50% of the mortgages payment and pay a rent payment to the owner-investor to offset the owner-investor's 50% of the mortgage payment. This arrangement reduces the owner-occupant's cash outlay, helps him qualify and will allow him to purchase a nicer home than he could afford on his own. The owner-investor gets the same tax deductions he would if he had purchased a rental property, but he has a permanent tenant, his own relative, who will eventually buy him out. But as an active real estate investor, they may be entitled to up to $25,000 in yearly deductions.
   
5. Another derivation of this idea is for parents to purchase condos or townhomes for their college age children when they go off to college. The parent can then employ the child as a property manager for their investment, pay them a salary (tax deductable) which can be used to pay their tuition and books.

Of course, The HBH Group can't give you tax advice, just ideas to discuss with your CPA, so please consult a tax professional regarding these ideas before putting your plans into action. Or feel free to call us and set up an appointment and we can connect you with reliable tax professionals to assist you in making a plan to shelter income through real estate investments.