ezREOhomes

Beating the Heavy Bag and the Competition

2009-09-11T11:21:00.000-07:00

MMA Fighting and Business

Wow where to begin. I have to say this has been by far one of the most exhilarating and exhausting experiences I have done in my life. I have to give major kudos to all the fighters out there, because it is no easy task to walk into a ring and dish it out for ten, fifteen, twenty, even thirty minutes. So now I have officially ended my high school schooling, being officially withdrawn on September 8, of 2009. With all this new free time (which is a hefty 9.5 hours), I am devoting it to my business and Mixed Martial Arts training.

There’s a very ironic and similar correlation to MMA training and the start up of a new business. The first week of training was brutal. All of my muscles were sore, and my body ached constantly. It was a challenge just to keep my arm in the air let alone throw another punch. Plus, I was extremely out of shape stretching wise. I couldn’t even touch my toes and when pushed to do so, it hurt like hell. This was startup for training and similarly, startup for any business is the same. It takes getting used to typically, a lot of effort and struggle. Microsoft did not just soar to the top of the software industry, and neither did Apple, to the top of the computer industry. It was a long process, in which the beginning with extensively difficult to overcome. Oddly enough, I began my training at the exact same time I started my new online REO home business. It has been some time since I last designed a website and made it flow together effortlessly, and let me tell you, I definitely forgot how much effort went into creating it. It was quite a painstaking task to build another site. Not only that, but now I’m selling a completely new product, so all of the previous product sales knowledge is no longer useful. In fact, I’m not even really selling anything, but rather generating leads. My entire concept of marketing had to altered to fit my new website, which is what I my body and mind had to do to meet up with the demand of MMA training.

So now I’m punching through the first three weeks of training and the first three weeks of starting up a new website. There’s going to be plenty more to this article so stay tuned. If you want to see what I have been working on, feel free to go check out www.ezREOhomes.com. MMA fighting tips, reviews and info will also be added soon. Cheers.

A 17 Year-Old Online Marketer - A New Breed of Investor?

2009-08-19T22:33:00.001-07:00

Your Average 17 Year-Old Entrepreneur

Hello there. My name is Tiger Sun, resident in the sunny state of Florida and also owner/manager of http://www.SPBX18.com and http://www.ezREOhomes.com. My name is Tiger and what surprises most people isn’t my name, its what I do. I am an on-line marketer and investor at the age of 17.

I began my entrepreneurial ventures at the age of 13 right into the start of High School. I began selling various products on-line on eBay making a little bit of money here and there. But that little bit of money helped me realize that it was possible to make a profit working for myself. After that, the rest was history. I found a product that I loved and that I still sell, Super Pocket Bikes, and built an extensive on-line business around it.

But now, it’s time to move on to bigger products after 4 faithful years to motorcycle retailing. REO Homes is my new profession. It is a great way to create wealth, and places families in homes.

My new website is http://www.ezREOhomes.com and here, I market REO investment properties. Like any good salesman, I put my pitches everywhere, either blatantly or discretely. I’ll be blatant right here, and simply state, we are REO Home Acquisition Specialists. In such an massive REO market, there’s alot of properties out there and many of them are not good investments. My specialty is finding my investors those properties with over 50%, 60%, and even 80% in equity in excellent neighborhoods generating substantial rental income. In return for finding quality REO homes, my company and I ask for a nominal comission; very little compared to the equity in the home.

So that’s what this 17 Year old high school student is doing: managing websites, handling customer support, search engine optimizing, REO home marketing all while maintaing a 5.0+ GPA, doing English homework and tutoring friends in algebra. It’s an interesting life, but I wouldn’t have it any other way – and I couldn’t be more blessed.

Stay tuned. I love blogging. I’ll be sure to have many more articles up and online.

If you are an investor, please come check out my website. You’ll have a very rare opportunity to say: ”I made 40K last month, buying a home from a 17 year old.”

www.ezREOhomes.com <—- Clicky Clicky for my website. Cheers!

2009-08-14T11:46:00.000-07:00

"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful."

- Warren Buffett

It’s no coincidence that Buffett, Trump and all of the millionaire tycoons make their fortunes in hard times. As history would tell us, after every depression, came a new wave of incredibly wealthy millionaires. What do they all realize? They realize exactly what Buffett said above.

Right now, the Real Estate Market has become a subject of fear. But for the investors who understand Buffett’s quote, the Real Estate Market has become a subject of wealth and opportunity. In fact, the Real Estate Market has never gave us such an awesome opportunity in history. Right now, the REO Home Market is, quite frankly, amazing. We have the ultimate motivated seller, the Banks. And not only that, but our motivated seller has A LOT of properties and homes. And we really mean A LOT of homes.

June 8, 2009, the number of homes in foreclosure skyrocketed to over one million. As of January of this year, RealtyTrac reported a total of 1.50 million bank-owned properties for sale. But that’s not all, the Bank are also holding out on a large chunk of Foreclosed Inventory, known as “Shadow Inventory”. This inventory is enormous, and can perhaps be as big as 80% of the inventory listed for sale. This is what Makes the REO Market So Huge and so widely available.

It's an evolving real estate market and right now, its the REO home market that's changing so drastically. So what exactly is an REO home? Well REO stands for "Real Estate Owned" which is an internal term banks use to describe homes that have been foreclosed and that are now under their possession. Essentailly, they are "Bank Owned" homes. The same way banks repossess cars and than sell them off cheap at auctions to cut losses is the basically what they are doing with their REO homes.

Except now they are in an incredibly bad situation. Banks are now handing many of these REO homes away for pennies on the dollar. Why are they doing this? Well because they can't afford not to. When the banks acquire a certain number of foreclosures in their portfolio, they are forced to get rid of them else the government steps in and kicks the owners from control. The owners want to keep making money, so that's the last thing they want - the government to control their money flow.

Right now, foreclosures are pouring in at a rate that banks can't nearly keep up with. This has a lot to do with their selfish acts in 2002, 2003, 2004, and 2005, making a lot of bad mortgages that they knew was no where near possible for the people to actually pay. These bad mortgages however, increased their own lending power and stock value. Now its coming back to bite them and the entire economy in the butt. The hundreds of thousands of mortgages that were authorized by the banks were set to detonate in 5 years. This is why we began seeing the foreclosure bomb explode in late 2007 and throughout 2008. But that's nothing. Our banks in their god awful greediness manufactured more of these 5 years mortgage bombs in 2003 than they did 2002. More in 2004 than they did in 2003. More in 2005 than they did in 2004. It's a wonder why no one stopped them sooner.

But all is well. By doing this, the Bank has put themselves on their knees making them the ultimate Motivated Seller and with plenty to sell. This is why the REO Market is so spectacular. You can literally find REO homes for pennies on the dollar, if not pennies in your pocket. Banks, especially during quarter closing and the end of the month are just slashing properties from their portfolios to keep the government off their bakcks. And through all of the REO's being tossed left and right, occasionally, there's a Gem of an REO home tossed away as well. We here at ezREOhomes find those gems and put it in the hand of our investors, and in the hands of a proud homeowner.