Released on = June 4, 2007, 1:28 am

Press Release Author = National Real Estate LLC

Industry = Real Estate

Press Release Summary = "The Best Kind of Investment Property for the New Michigan
Investor to Look For and Where to Find the Like Minded Investors That You Can Learn
From"

Press Release Body =
The new Michigan investor has several categories of real estate available. The
easiest and best for a beginning investor to understand and participate in is the
single-family home.
Why?
1. Homeownership in America is approaching 70%.
2. Single Family homes are the highest demand type of property.
3. They sell quicker than other kinds of real estate.
4. Prospective purchasers have the widest range of financing programs available to
them, making the property easier to purchase.
If the property does not sell in a reasonable amount of time, it can be rented or
lease on a rent to own.

Ugly Properties or Houses:

Why should you buy the ugly duckling house?
The best property to buy is an ugly one. Look for the property that has never been
\"updated\" or improved or one that has been improved, in a very tacky way. Don't be
deterred by the pet urine, feces, or mice droppings. Where some see damage and odor,
you should see dollars and opportunity.
Ugly ducklings are the houses that have the least competition, houses that can be
fixed up by remodeling, not by rebuilding.
Many people are scared about things like leaking roofs and broken windows. Be happy
to see those things. They'll discourage most inexperienced investors from purchasing
the property. In many areas, you will be competing for some deals with
"do-it-yourself" homeowners.

They may outbid you simply because they figure they can buy a home for $50,000.00
that will be worth $70,000.00 when they're done fixing it up. It never occurs to
them that they will spend $10,000.00 for materials and professional labor, one to
two years working on it, and live in a construction zone the whole time. The oddest
thing about it is that most people will sell the home when they\'re done, thinking
they did great (although they really broke even) and start the process again.

Buy and sell works best in a 90-120 day time frame, with professional contractors
quickly completing decorating, repairs, and renovations.

Where do go to meet the like mind people to get trained in the real estate investing
business?

The best place to go is the local REIA close to you! Real Estate Investor
Association is called REIA. The investor associations are formed for the purpose of
investor education, networking, and training. They bring national and local real
estate experts to their meetings. They have training on wide topics like:
foreclosures, pre-foreclosures, land lording, rent to own, lease options, short
sales, deed offs, credit, wholesaling, find, fix, and sell, private money, lines of
credit, and accounting. These are just a few of the topics they speak on.

How does new investor find a Real estate investors association or groups in their
area? Go on line to Google.com and do a Google search on any of following: Michigan
REIA, Michigan Real Estate Investing Clubs, Michigan Real Estate Investment
Association, Michigan REIAs, Michigan Real Estate Investing Classes, Michigan Real
Estate Investing Groups, Michigan Landlord Club, Michigan Real Estate Mentoring
Programs, Michigan Foreclosure Boot Camp, Michigan Real Estate Training Classes,
Michigan Real Estate Seminars, Michigan Real Estate Schools, Michigan Real Estate
Courses, Michigan Real Estate Investing Network, Michigan Real Estate Conventions,
Michigan Real Estate Boot Camps, and Michigan Real Estate Forums. Using
www.google.com as search for topic like how to find a Michigan boot camp or Michigan
class on foreclosures in the state or city you are in works great.

Ralph Marcus Maupin, Jr. Nick Name 'Mark' is one of founders of National Real Estate
Network LLC. He teaches real estate investing for college. You will find many free
resources such as: Free Real Estate Forms, Terms, Articles and Real Estate Clubs
Locations at:

http://MegaEveningEvent.com.
This Press Release is submitted by PREasy.com


Web Site = http://www.megaeveningevent.com

Contact Details = Laurel Manor 39000 Schoolcraft Rd
248-762-0800
nren.prsubmission@gmail.com