The FLIP SIDE

EriksHotList

Today was the official launch of Eriks Hot List. The Metro Detroit leader in selling wholesale real estate has taken form into the industries leading provider of undervalued properties and getting access is a snap.

We are working with community development leaders to revamp cities on the back end of our business and on the front end we provide a simple market place for new and experienced investors to pick up dirt cheap properties and give them the opportunity to see how we run the operation and get along with city officials and turn credit worthy home buyers in home owners.

We challenge any one to step up the ranks to match our buying power. As of the last we checked we are the leading investment company in all of Michigan.

Economy…heres your bailout. Join us world. Start today at www.EriksHotList.com.

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Being Younique

People always need to hear the new voice.

Whether it is in media, the new  “bad guy” in town, people always need to hear of the latest trend from the new brightest side of the pendulum.

With all the controversy and overwhelm we deal with in todays supposed recession, most people suffer from a lack of major imagination. They duplicate exactly what they are being taught and try to change the person they are internally.

While this is not what self improvement is all about, they are altering their ways, beliefs and even sacrificing their integrity to get it.

You need to take bits and pieces of what you think will give a few “clicks on the vault” and allow you to open yourself to another dimension. This does not include sacrificing your views of the world to get “ahead” where you think you should be advancing.

Be YOUnique…

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Michigan Property gets long awaited visit from Australia!

Its no coincidence that after doing a whopping $2.3 million dollars in sales since our inception we have flown under the radar using “local” impoverish techniques that have allowed us to stir market activity up to record numbers for a Michigan redevelopment company.

Recently Michigan Property Superstore has accepted a visit from a global investment company and started by selling off some of its personal inventory (totally against advisor Warren Buffets approval) to the company.

” This is just the beginning of a new model for us” Says vice president Erik Stark. “We have the man power, the funding, the following and of course have no shortage of deals due to the proclaimed recent hold in inventory. This allows us to start providing rent ready turn key homes for the short and long term”.

Strength, market vitality, national investor accreditation, proper management allows us to serve the community locally and apparently globally better than most others are capable.

This is just the sixth of many recent great things that have happend to the Superstore which include, national coaching for Preston Elys REO Rockstar, the launch of our ebook that gives our whole business away, starting up Florida Property Superstore, becoming regular guest speakers and partnering with the areas top investors to create a semi “market domination” strategy on this areas foreclosure market.

Stay tuned for more opportunities and reasons why we have just upped our ante to taking this to a billion dollar enterprise scaling across the globe.

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Duplicate our Flipping business with NO Management from YOU!

Imagine this…just two years into your new career as the areas top investor YOU STRIKE GOLD. Inventory may be low for those of your competitors but you have STRUCK GOLD by realizing your market domination in your area.

Picture the ability to not be dependent on competing against other bidders! Imagine not having to go down the laundry list of “value illiterate” buyer! Imagine the private money flowing like the Salmon of Capistrano!

Whats the point GUYS?

Let us start by saying real estate flipping work where ever YOU put it to use. What the guru’s wont tell you is that your ability to create a dominant market atmosphere depends solely on your positioning of the market.

You have to take control of the complete process of flipping a house and become a master delegate of performance based tasks. How else to you think two below-average joe’s would be able to flip over 85 houses in 2009?

Delegated performance based tasks=No Management —>FREEDOM
Two Guys Six Figures is the first in depth look at Erik and Steve’s office blue print and how they set up management to handle clerical, marketing, purchasing and funding of over $2,000,000 worth of investment real estate in the worst declared market in the nation…

…Stay tuned as we release our secret and move our operation from state to state starting with the Sunshine State.

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Michigan Property Superstore: The best place to lend money for Michigan real estate

Are you looking for investment alternatives? Looking for a real estate company with strength? Need to know that your investment is secured by good management?

Michigan Property Superstore is your safe, sound and reliable answer to secure returns on your under-performing dollar. With a proven track record of over 87 homes in 2009 and partners that have over 1000 personal transactions of knowledge we have been able to give investors the lending edge and security needed to keep money in Michigan and have a tangible product you can view at any time.

We are a local real estate redevelopment company who has capitalized on today’s foreclosure market. We have professionally remodeled and serviced over 150 homes  since our April 2008 inception. If you are interested in securing your investment dollar, please feel free to explore all options and call us last. We have references, a proven track record and the knowledge based management to keep your investment growing each year with strength.

See what nationally acclaimed A&E televisions own Than Merrill has to say about working with Michigan Property Superstore President Steve Mills and Vice President Erik Stark.

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Since Steve and Erik have made friends out of the radically acclaimed Preston Ely, we were fortunate enough to be elected to conduct spy beta testing for this revolutionary product. For the past few years Erik and Steve have been changing the way real estate was done in Oakland and Macomb county Michigan by obtaining large amounts of private capital and turning the market upside down with professional quality rehabs that agents, brokers and buyers have lined up to buy. “We really have a stranglehold on the market” said Erik in one underground investor meeting. We’ve been able to really work with banks to get them to accept our honest but ridiculously low offers, keep contractor crews working around the clock and making mortgage brokers and appraisers a great living because of the volume they are doing. “You can see my passion exude in our day to day work” says President Steve Mills.
Now that there is the release of Preston Elys Freedom$oft we can really get back to what brought us two together. “We love the art of the deal- both the book and in real life” says Steve. “Theres just such an unseen opportunity here in Michigan and this is a never-again-in-history-opportunity to help communities, skilled tradesmen, agents, brokers, banks and stockholders and now that we have Freedom$oft to manage this operation we truly can take it to our accustomed skys the limit mentality”.

ANYone looking to capitalize on these times should certainly be intrigued by this revolutionary gift to real estate. This is what true entreprenuers do is give back to thier industry and Preston sure has done his great deed on this one.
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HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS

Measure to help bring stability to home values and accelerate sale of vacant properties

WASHINGTON – In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan today announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties. The announcement is part of the Obama administration commitment to addressing foreclosure. Just yesterday, Secretary Donovan announced $2 billion in Neighborhood Stabilization Program grants to local communities and nonprofit housing developers to combat the effects of vacant and abandoned homes.

“As a result of the tightened credit market, FHA-insured mortgage financing is often the only means of financing available to potential homebuyers,” said Donovan. “FHA has an unprecedented opportunity to fulfill its mission by helping many homebuyers find affordable housing while contributing to neighborhood stabilization.”

With certain exceptions, FHA currently prohibits insuring a mortgage on a home owned by the seller for less than 90 days. This temporary waiver will give FHA borrowers access to a broader array of recently foreclosed properties.

“This change in policy is temporary and will have very strict conditions and guidelines to assure that predatory practices are not allowed,” Donovan said.

In today’s market, FHA research finds that acquiring, rehabilitating and the reselling these properties to prospective homeowners often takes less than 90 days. Prohibiting the use of FHA mortgage insurance for a subsequent resale within 90 days of acquisition adversely impacts the willingness of sellers to allow contracts from potential FHA buyers because they must consider holding costs and the risk of vandalism associated with allowing a property to sit vacant over a 90-day period of time.

The policy change will permit buyers to use FHA-insured financing to purchase HUD-owned properties, bank-owned properties, or properties resold through private sales. This will allow homes to resell as quickly as possible, helping to stabilize real estate prices and to revitalize neighborhoods and communities.

“FHA borrowers, because of the restrictions we are now lifting, have often been shut out from buying affordable properties,” said FHA Commissioner David H. Stevens. “This action will enable our borrowers, especially first-time buyers, to take advantage of this opportunity.”

The waiver will take effect on February 1, 2010 and is effective for one year, unless otherwise extended or withdrawn by the FHA Commissioner. To protect FHA borrowers against predatory practices of “flipping” where properties are quickly resold at inflated prices to unsuspecting borrowers, this waiver is limited to those sales meeting the following general conditions:

  • All transactions must be arms-length, with no identity of interest between the buyer and seller or other parties participating in the sales transaction.
  • In cases in which the sales price of the property is 20 percent or more above the seller’s acquisition cost, the waiver will only apply if the lender meets specific conditions.
  • The waiver is limited to forward mortgages, and does not apply to the Home Equity Conversion Mortgage (HECM) for purchase program.

Specific conditions and other details of this new temporary policy are in the text of the waiver, available on HUD’s website.