May 2008: Silver Platter Deals Newsletter

"Handing you deals on a Silver Platter!"

This Month's Theme: Excuses, Excuses, Excuses!

What's Inside this Month's issue...

• The worst advice I ever recieved... (Read or Listen to the Audio message below!)
• The latest and greatest Hot Silver Platter Deals...(Over 10 deals)
• My latest book recommendation on overcoming Excuses and making your goals happen and your dreams a reality!
• Carefully Selected gifts that are found to be effective, even in today's crazy Market!
• Yet another Real Estate Scam Alert that you need to watch out for while doing deals
• Lamar's Final Thoughts & Tips for the month of May (Read or Listen to the Audio Message below!)
  

Note: All values (ARV, Repairs, etc.) for the properties below were through our own due diligence, so please do your own due diligence to verify. We'll help you fill the property as well. See below. Contact me right away if interested.

Have a deal you want to get rid of? Just go to www.LamarBuysHomes.com/buy.php to submit your deal.

Got a seller/buyer lead that you want to just pass on and get compensated with $500 - $1,000 when we close? Go to http://www.LamarBuysHomes.com/ and click Contact Us.

Enjoy Your Newsletter!

To Your Success,

J.Lamar Ferren

New Breed Real Estate Investor

Ps. Please provide me some feedback, as I'm still in the beginning stages of this Newsletter!

Let's Get Started...

Hello Fellow Investors,

Lamar here, and I want to tell you a quick story about the worse advice I have ever received...

You can read below....or listen to this audio message that I created for you:

Turn up your Speakers! It's less than 10 minutes...don't worry! :-)

"Lamar, You need to Put Your Dreams on Hold..."

This was by far the worst advice I have ever received. It was exactly two years ago before I got out of the Army. It was from a Supervisor of mine, who shall be left unnamed. You see, when I was getting out of the Army, there were some people encouraging me and supporting my decision, but there were a whole lot of people trying to stop me from getting out. I was hearing so many excuses about why I needed to stay in the ARMY.

All these excuses and much more were drilled inside of me everyday. I was starting to get a little fearful, if I was making the right decision.... Could I really handle the Civilian World? After all, the army is all I know. I joined straight out of High School....Click here For the Full Story and then come back to the Newsletter!

OK, now that your back...Let's go ahead and get started with the rest of this Newsletter and I'll end it with my Final thoughts for the month.

Enjoy Your Newsletter!

J.Lamar Ferren, Sr.

New Breed Real Estate Investor.

Ps. Leave a comment when you get a chance. I'd like to improve based on the feedback you all leave.

Let's start off with some Wholesale Appetizers... Address Listing Price ARV/FMV Description Rent/Retail 1843 Ramsay St, 21223 $24.9K $ 85K 2 BR TH, needs rehab, then rent for: $800/m 2405 Reisterstown Rd, 21223 $49.9K $137K 3-unit TH, needs full rehab $2200/m 1730 Gorsuch Ave, 21218 $49.9K $ 80K 3 BR TH, rented for: $775/m 616 N Ellwood Ave, 21205 $69.9K $122K 3 BR TH, under market rented for: $775/m 2832 Clifton Park Terrace $79.9K $126K 3BR TH, under rented through Sect 8 f $700/m 415 N. Chester St, 21231 $125K $250K 3 BR TH nr Hopkins, lots of rehabs Retail 2909 Allendale Rd, 21216 $174.9K $261K 3-unit apt building with great cash flow $2150/m Let me know if you want to see any of the properties above. Just send me an email or call me at 703-229-6718 or 1-800-878-5876
Now for the Main Entree...
	60% ARV!! $68,000 Instant Equity! Monthly Cashflow! Your Purchase Price (including deposit fee) $86,200 Rehab Needed (Estimate) $18,000-$22,000 ARV $165,000 - $175,000 Equity $68,000 Market Rent (Average Estimate) $1400 Monthly Gross Caslflow (when occupied) $400+ Just a Reduced $1200 deposit will take this off the market Single Family Home 5 Bedroom/ 3 bath / 2975 Sq. Ft. Contact me for more info: 703-229-6718 or 1-800-878-5876 Email: Click Here to Send me an email. Don't forget to mention the property! $2,000/m Rental! 3028 W. Mosher Street Baltimore, Maryland 21216 4BR/1BTH $1,000/m currently from 2 rooms (Potenial rent $2,000/m (rent the other two) Reduced to $89.5k Contact me for more info: 703-229-6718 or 1-800-878-5876 Email: Click Here to Send me an email. Don't forget to mention the property! 4-Unit Rental! 2025 Druid Hill Ave Baltimore MD 21217 List Price: $209.5k recently appraised for $252k Rental Income: $2100 +a potential 4th apt Property recently appraised for 252,000, and has been recently updated -- These apartments look GREAT. 3 units with a potential 4th - 3 units are currently bringing in 2100 a month. Potential 4th apartment in the basement is already framed and can bring in another $700. Contact me for more info: 703-229-6718 or 1-800-878-5876 Email: Click Here to Send me an email. Don't forget to mention the property! Click Here to Get this Book "Excuses, Excuses, Excuses..." Someone once said that, "Obstacles are those frightful things you see when you take your eyes off your goals." ( I think it was Zig Ziglar...) I believe that Obstacles and Excuses go hand in hand. They're one in the same. There is absolutely no excuse why you shouldn't get this book. Right now it costs less than a Value Meal from Mcdonalds! However, the true value of this book is worth much much more! Sometimes you can't always look at price....You have to look at the value. It works both ways... "It may not cost much, but the Value is unlimited! It may cost a lot, but the Value is unlimited! See how that works. How do you weigh Value? What will the value do for you, that hasn't already been done? What this book will do is not only assist you in achieving your dreams and goals, it will take your attitude and enthusiasm to a whole new level. Excuses are what holds you back from doing what you want to do. This book will teach you to lead a No Excuse! life and go after your dreams & goals, and sift through the obstacles. Ultimately, it will teach you to say, "No Excuse...I'm doing it." How To Do Whatever It Takes to Make it Happen! and mean it! These two courses were carefully selected by yours truly to assist Newbies & Seasoned Investors in taking advantage of Today's Market! I'm sure you've heard of a Real Estate Investor by the name of Eric Medemar, right? Well, if you haven't then that's ok... Eric Medemar is a Real Estate Investor/Realtor out of Grand Rapids, MI. He currenlty owns well over 30 properties and has helped many individuals invest in Real Estate. Even to this day, you can find Eric coaching and helping others in the ever popular Real Estate investing discussion forum....ReiClub.com Not only that, Eric is the Author of the Ultimate Investor System. This system contains two easy to read and understand courses, that takes you back to the fundamentals of Real Estate Investing and introduces you to Advanced techniques and strategies that can be used in Today's market of Wholesaling and Bird Dogging! Plus, it won't cost you an arm & a leg! When I personally read these courses, I was relieved to find how easy it was to understand and the entire time I was reading, I felt like the Author was speaking to me and teaching me at the same time. That's how in tune I was with this material. Not only that, I implemented some of Eric's strategies and it put some cash in my pocket, which ultimately made the courses pay for itself. That's the key to all these books and courses out here. Knowledge and Implementation! I'm sick and tired of reading books that are all hype and not enough info. I'm sick of reading books that leave me saying..."Ok, Now What???" once I'm finished reading. I'm sick of books/courses that put me to sleep after reading it for about 2 minutes. (zzzzzzzzzzz) Eric's courses were a little different though. There aren't too many courses out there that will keep my attention for hours. This is a true page turner. Not only that, it's action oriented. Knowledge & Action puts money in your pocket. Ask anybody... Like I said earlier, even though these courses don't cost much, the true "Value" is unlimited. Even if they did cost a lot of money, the "Value" is still unlimited. With that said, it will ultimately be up to you to expose the value for what it's worth and watch your credibility & bank account grow! Click Here to take advantage of Eric Medemar's Ultimate Wholesaling System Click Here to take advantage of Eric Medemar's Ultimate Bird Dogging System Other Gifts you can take advantage of... This guy is giving away FREE foreclosure secrets! ClickHere Get Ready to Cherry Pic Your Leads! Only a Few Spots Left...Click Here! Free Real Estate Course on Subject 2 Investing (203 Pages, $397 Value) Limited time offer! Note: Signing up for my Investor List is required to gain access to this Free Course. However if you already signed up and do not have the course, then send me an email and after verifying your sign up, I'll send you the course personally within 24-48hrs. Click Here now to take advantage of this awesome step by step course. (Don't forget to also take advantage of the downloadable contracts & videos! Most investors miss this and are glad I reminded them of it. Here's an excerpt from Zillow.com that I found quite interesting. Watch out for this one! It's called the "Spanish Real Estate Scam... Be aware of a scam that could see you thousands of Euros ( or dollars) down. The worse thing about this scam is that you will be very reluctant to report it to the the authorities. So how does this scam work? How do these shady buyers get their cash? Well its a little bit of greed on the part of the seller and cunning on part of the buyer. We all want to save money and if a buyer suggests a way to save money on the deal you will probably consider it. Those selling a property may wish to avoid tax or seemingly help buyers avoid tax by accepting deposits in hard cash. So the buyer supplies his deposit in 500 Euro notes (or dollars) which - you guessed it - turn out to be counterfeit. The con revolves around the common practice of declaring to the authorities’ only part of the sale price and paying the rest in cash. Normally, this extra payment, known as “B” money, is paid in the notary’s office where the sale documents are signed – after the official has left the room. How many people would notice that they were being paid with counterfeit 500 Euro notes (or any type of fraudulent funds)? Many people have never seen one and what good would it do? By then, the deeds would already have been signed, and calling the police would not be an option – the victim would have broken the law. Watch out for garbage like this and continue to invest ethically. You'll be rewarded in the end. Excuses, Excuses, Excuses... The theme for this month's newsletter is obviously "Excuses". I hear about so many wannabe and even seasoned real estate Investors who make excuses about why they can never get started investing in Real Estate, or why that just gave up because of the market. Those type of Investors will never make it big in Real Estate unless, they do whatever it takes to make it happen! There are so many excuses you can give about why you haven't accomplished this or why you haven't accomplished that, but what are those excuses doing for you....besides holding you back. No one is making excuses for you, unless your still hanging around that crowd that tells you..." Yeah, you're right, that stuff doesn't work any more...You can't buy houses in this market..It's too risky" All that crap their filling your head with. I'm here to tell all you Excuse Makers (if the shoe fits, wear it) that the longer you keep making excuses, the longer it will take for you to reach your goals. I promise you that. I used to be an Excuse Maker too. lol Well, I still slip up ever now and then, but that's only because....Nevermind... Common excuses that I hear in the Real Estate Industry all the time are: "I don't have enough money to invest in Real Estate" - You can truly invest in Real Estate, with little or No money down. FYI (it's not a gimmick!) "I don't have any experience to invest in Real Estate" - With all the free information floating around the net (Google), not only that, there are local rei clubs where you can meet other investor, there are mentors, coaches, and all types of individuals that will be more than happy to assist you. If you don't have experience, then you have to "Leverage OPE" (Other People's Experience). "I've read all the courses, heard it all, and tried it all....it doesn't work"- Ok, stop lying to yourself, because if you look at your fellow investors, you'll see that they're making it work. That's proof enough that you haven't done it all, right? "My credit stinks....Nobody will give me a loan."- Whenever I invested in Real Estate, nobody ever asked me if they could check my credit. On top of that, I know if I needed a loan, I could easily talk to Hard Money Lenders or Private Investors. If the income potential is there, you'll get the money you need, no questions asked. They don't care about credit, they care about ROI. "Have you seen the Market! Sub Prime. Ahhhhh!...I'm going to wait until it turns around."- Give me a break. This is just as good as anytime to invest in Real Estate. The prices are low and that means lots of Equity Growth for you! There are so many strategies you can use. Wholesaling, Lease options, Sub 2 investing, Shortsales, etc. You just have to be a little more creative, but you can still make $$. Or you could just sit around making excuses and let me make all the $$. (just kidding...) "My partner screwed me over....I don't want to mess around with that REI stuff." - Ok, I'm sorry to hear about your partner, but then again....Isn't it time you stop feeling sorry for yourself? Your partner screwed you over....Ok, get over it! Now it's time to grit your teeth, get into the trenches, and make something happen! Do whatever it takes. Just be careful this go around and don't give up! "I don't have a big Investor List"- I have 4 words for you.... Consistent Marketing & Consistent Networking. We'll touch on this subject more in the upcoming weeks. I have some plans in the pipeline we're I might be implementing a free resource page that you can use to assist you with your list building, networking, and marketing. I'm not sure when though. Anyway, I could go on all day listing common excuses that people make in todays Real Estate Industy. But, I'm not going to do that. I don't put money in my pocket by making excuses. I put money in my pocket by obtaining the specialized knowledge to do deals and make it happen! Every time you make an excuse, think of the following quotes, and try a little harder: Benjamin Franklin: He that is good for making excuses is seldom good for anything else. Gabriel Meurier: Quotes: He who excuses himself, accuses himself. Henry Ward Beecher: Hold yourself responsible for a higher standard than anybody else expects of you, never excuse yourself. Francois De La Rochefoucauld: Quotes: Nothing is impossible; there are ways that lead to everything, and if we had sufficient will we should always have sufficient means. Sincerely, J.Lamar Ferren New Breed Real Estate Investor Ps: Don't forget to provide me with some feedback. Let me know what you think. Positive and negative about this Newsletter. I'm always looking to improve. Hope you enjoyed it!