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REO Profits - How to Get Good Deals on Bank Owned Properties

Hello Ring Members,

Let's get the New Year started with a little excitement...

Just wait until you see what's in store for you at the January 15th RING meeting!

Okay, I'm sure by now you've heard the stories of banks giving away houses at 10 cents on the dollar, right?

Well hold your horses a minute, now...not so fast!

It's not quite as simple as all that. Many a wide eyed novice has gone out guns ablazing, throwing ridiculously low ball offers left and right at every REO listing they can find; only to be rejected over and over again and probably get some REO listing agents to put them on a black list and not even submit their offers again.

Then they throw in the towel and say it was all a big scam and all the banks are wanting full price for their REO's.

But that's not the case for the well informed RING Member who knows that there is a method to the madness and knows how to play the game.

No sir!

This one knows you have to have a system and submit your offers in a certain fashion, at specific intervals, and be methodically persistent about it.

So which one are you? ...or which one do you want to be?

Find out how to play the game right and you can get good deals at around 50% to 60% of market value.

Sign up for the next RING meeting and get the scoop!

NOTICE >>> January 2013 RING Meeting will be on the 3rd Tuesday [Not the 2nd as usual]

Mark your calendars for Tuesday, January 15th.

Here are the details...
Tuesday, January 15th at 6:30pm!
We'll be meeting at Burk Baker School of Real Estate on Sherwood Forest Blvd.

Burk Baker's School of Real Estate
2834 S. Sherwood Forest Blvd.
Baton Rouge, LA 70816
Tuesday, January 15th at 6:30pm

Happy Investing...and Happy New Year,


Richard McCray

Organizer, The RING
Real Estate Investor Network Group

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  • Reginald W.

    Very good! Very informative! Very helpful! Excellent presentation (The presenter/organizer knows his stuff and didn't let little things like the lack of a projector affect the quality of his presentation.)

    January 17, 2013

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