Category: News

California-Show me the Money

Maney

Hey Guys,

I am really excited about this weekends event at the Mariott Lax on April 18th & 19th. I will be teaching things I have never taught before like Seller Financing, negotiating, marketing and how to evaluate deals in today’s market. We will also be talking about the California market and how to profit in the residential and commercial area without using any of your own money even even you have some.

We will also have mini-strategy and mastermind sessions to enhance your learning experience.

For more information about the LA, Chicago or Philly Event visit www.jtfoxxlive.com

Free Webinar tonight on how The Bailout will not NEVER Fix the Housing Market. We will!

Bailout

Free Webinar tonight at 9:00pm Central time click to register

Yes I am sorry to say that all the bailouts in the world will not solve the biggest problems of the real estate market. You can’t fix that the housing market went up to fast too quickly and millions of people got mortgages that they couldn’t afford. Lawmakers keep falling for this one partly because they are taking their real estate advice from Acorn and other special interest group who have no clue what they are doing other than helping push draconian laws. If you look at history and the results so far there have been several government and industry programs that were designed to reverse the housing bust, slow the ballooning foreclosure rate, and keep more homeowners in their homes. None have worked on a large scale. There’s a reason: This is an almost impossible to solve difficult problem to solve. The only solution is to let the free market do its work but in an age of drive through and 3 minute coffees the American public has no patience to wait it out.

There may be as many as 5 million mortgages still at risk of foreclosure. Workouts and loan modifications may help save a small portion of them but most of them fail. They sound good and well intentioned but ultimately you are trying to keep people in their homes who can’t afford to live there in the first place. LET THEM MOVE OUT! Furthermore the vast majority of troubled mortgages aren’t held by the banks that issued them anymore. These are the mortgages that have been broken into components, bundled into securities (now derided as “toxic assets”), and sold to investors around the world. Meaning you have good debt and bad comingled together and you can’t separate them. To renegotiate any one of those mortgages requires the participation of multiple parties, including some who will lose money and expect to be compensated. With lawmakers quarterbacking this process with little oversight and accountability expect a bloody mess.

But when there is blood in the streets it’s time to buy and when the trumps are sounding it’s to sell. There is has never been a better time to get in the game as long as you do it safely, secure and very profitably and with none of very little your money. If you want to learn my techniques step by step make sure you attend the free events in:

Chicago at the Sheraton Gateway on April 4th & 5th Register Now
Los Angeles at the Mariott LAX on April 18th & 19th Register Now
Philadelphia on May 2nd & 3rd Register Now

We are a lot stronger together than we are as individuals, so come to these events and let’s see how we do business and help each other. In the meantime I invite you a free webinar tonight on the very topics I talked about in this email so you can truly understand that is going on in today’s market.

To register for the free webinar tonight sign up here

P.S. You will hear things tonight that you haven’t heard anywhere else.

Your partner and friend in success
J.T. Foxx (www.jtfoxxblog.com)

The Return of Owner Financing in Residential and Commercial Real Estate

Creak

With the recent bailouts, foreclosure bill, new proposed budget and the new toxic mortgage rescue plan there is no doubt that this will change the way we invest forever. The numbers are scary as to what has happened in the last 2 years.

1) We lost $8 trillion in negative wealth effect from declining home values.
2) We lost $10 trillion negative wealth effect from weakened capital markets.
3) We lost $14 trillion in consumer debt load amid “exploding unemployment”, leading to “exploding bankruptcies.”

To make matters worse if you add the recent bank liquidity problems, like many you are probably asking yourself, what should I do in today’s market? Well I have devised a new blue print that could very well change the way you and I invest over the next 18 month. What my plan then?

Register Now

In the 18 month I want you to learn how to invest in commercial and residential real estate with none of your own money and if you do have money you could put some of it in play but in a very safe and conservative environment. This will only yield you maximum profits but more importantly make you sleep better at night. But you can’t afford to sit on the sideline though because the opportunity is just too great. If you don’t take action now you will regret it for the rest of your life.

Register Now

This is why on April 4th and 5th at the Sheraton Gateway in the O’Hare area I am going to unveil my new secrets for the 18 month based on the recent market data and trends which I have been studying very hard to try to give my students and I the trend that we need. The best part is that it is free and you will learn more in 2 days then you have ever before. I will be teaching the following topics:

a) Mindset
b) Instant Confidence
c) Millionaire Time management
d) Owner Financing in residential & commercial real estate
e) Master Lease Options for commercial real estate investors
f) Lease options as a purchasing technique for residential properties
g) New marketing and negotiating tip for today’s market
h) We will review your deal and have small strategy session.
i) Step by Step hold your hand education and much more!

You can’t afford to miss this FREE event on April 4th and 5th and true to form this event will probably be sold out again. We have 21 seats left so hurry and register.

Register Now

Success is not a matter of chance but a matter of choice and this will be your opportunity to set yourself apart and create your own economy. In order to make that happen you must come to this weekend’s event and learn new crucial data to help you gain that real estate edge. See you this weekend!
P.S. Remember I bought and sold over 500 properties with none of my own money and I show you how I did this STEP BY STEP!
P.P.S. Don’t forget to check out my blog at www.jtfoxxblog.com

Your Partner and friend in Success
J.T. Foxx

Hello from Lake Tahoe

Lake Tahoe
Lake Tahoe
Lake Tahoe
Lake Tahoe
Lake Tahoe

Hello everyone, I am actually writing this blog post from the airplane on the way back from Lake Tahoe (which was sooooo picturesque) and I will admit that after 43 days straight of working I am starting to get a little tired. But then I remember all my students who I pledged to do anything and everything to help achieve their American dream. For those reasons alone it keeps me going and gives me the passion and strength.

The pictures you see above are from Lake Tahoe where, like you, I attended seminars to better myself and help meet new connections that will benefit my organization and my students. This convention was put on by CEO Space led by Bernhard Dorhrman who I meet at another event, which by the way is the best place to meet like-minded individuals. Anyway there were about 800 people from all business backgrounds there to network and try to find the synergies. I meet so many cool people and came up with so many business ideas that I can’t wait to implement and share with you. I am also proud to announce that I will be joining the CEO Space Faculty talking about partnering and real estate at their next May event. Bye the way to get in tight with CEO Space I used the same techniques I teach in the partnering class, which proves that with the right scripts and formula anything is possible. I also meet some great new people to be on my radio show and great contacts to be featured in magazines to get free press.

If you attended the event you would never know that there was a recession. The entrepreneurs there where making it big and were so willing to share their successes and how to with everyone. I guess that’s the point, in this economy, there is no recession if you create your own economy. I am going to be sharing all of these new ideas I learned at the Chicago 2 day on April 5 & 6th. Register now at www.jtfoxxlive.com for more details.

Now I am off to teach the 360 Real Estate Investor Class (Foreclosure, Networking and Marketing), meetings about real estate deals and radio business. Busy day ahead….

Remember keep pushing, the rewards are great and promising at the end of the tunnel I promise

Your Friend

JT Foxx

Commercial Real Estate Taking a Beating Right Now!

Real Estate

My predictions seem to be coming true, commercial real estate is taking a BIG beating right now. People always need a place to live but don’t really need a place to work. With so many mortgage companies & real estate office out of business, law offices downsizing and small business owners electing to set up home offices, the commercial real estate sector is seeing little life. In addition if you add the liquidity issues of the market it’s difficult to get anything done in this arena right now. Take GE for example they bought in 2007 when the market was already showing signs of major slowdown yet GE bought 9 properties from Blackstone Group who had bought the properties from Chicago Billionaire Sam Zell. The bottom line is that all of those properties are not looking good now. One of their prized properties in Oakbrook, Illinois had 16% vacancy when they bought it and now they are at 33% vacancy and climbing. My question is why is GE in the business of buying properties when there are the leaders in the world in so many other industries but know nothing about real estate.

But here is the TURKEY QUOTE OF THE YEAR by GE Ceo Jeffrey Immelt “Today I wish we had less exposure to commercial real estate”. Duhhhhhh Really!

So I am not against commercial real estate if anything 2 years from now it is going to be the way to make huge profits and where I am going to be steering my business to. The only commercial I would do right are master lease options and start get educated so when it turns you are riding the wave all the way to the bank. So here are couple of Real Estate tips;

Foxxonomics Rule # 1: If it’s a hot investment right now don’t buy

Foxxonomics Rule # 2: Never buy properties on appreciation buy below market value

Foxxonomics Rule # 3: Go with the market gives you, don’t go against the current in the market like this, but create your own path instead

Foxxonomics Rule # 4: In this market you have to be very picky and only do the homerun deals.

Foxxonomics Rule # 5: In this market do not buy properties above 65% of market value. So if the property is worth $100,000 you would buy for at least $65,000 or less

Good News Finally!

Good News

Home Construction was up 22% in February. I won’t even comment on this ill let the good news speak for itself for once.

Mr. Puppy

Puppy
Puppy

I would like to introduce you the newest member of the J.T. Foxx Organization, Mr. Puppy. Mr. Puppy is half beagle and half pug and is very hard headed like it’s owners and always has to do the opposite of that I tell it to do. It’s a good puppy though and by the way it’s a she, but all let you ask you me personally why I called Mr. Puppy even if it’s a she.

Jim Cramer is an idiot, SHAME ON HIM.

Jim Cramer
I was with some of my students last night while we watched the video above and I am disgusted at Jim Cramer. He is a sellout and hopefully people will see his CRAZY bull shit talk as all all fluff. He is a sellout to big corporations and big banks while American’s are losing their life savings with their 401K.

When it comes to money it’s not a game about BUY, BUY, BUY and SELL, SELL SELL with crazy noises. Wake up people, Cramer is a tv personality not a guru. Learn from people who are doing in today’s market.

Watch the video that makes me SICK!!!! What are your thoughts?

www.comedycentral.com

Playboy Mansion for Sale, You interested?

Playboy Mansion

If you are looking for a little more space and want to upgrade, why not consider the playboy mansion. I have been there before and it’s quite a sight. It’s a shame it’s being sold though because it’s a sign that an end of an era is coming. Playboy’s stock is in the toilet and Hugh is barely hanging on. I don’t think they will ever get 27 million for it but who knows but in this economy I don’t think people will pay a premium for it. What do you think?
To read the story click here

NATIONAL ASSOCIATION OF REAL ESTATE MILLIONAIRES MEETING POSTPONED

MEETING THIS MONDAY MARCH 16TH HAS BEEN POSTPONED TILL MARCH 23RD-SAME LOCATION AND TIME
at CAFE LA CAVE in Des Plaines FROM 6:30-9:00PM

www.jtfoxxandfriends.com

MARCH 23RD

This month we would like to welcome

PHIL KRONE

-FOUNDER AND CREATOR OF “FOCIS”
-A REVOLUTIONARY WAY OF INCREASING SALES BY TARGET MARKETING. IN REAL ESTATE, MARKETING IS A HUGE KEY TO YOUR SUCCESS. GETTING THAT PHONE TO RING AND CREATING CREDIBILITY WITH YOUR CLIENTS WILL MAKE YOU MILLIONS OF DOLLARS IS DONE CORRECTLY. YES THERE IS A RIGHT AND WRONG WAY TO MARKET AND IF YOU PLAN ON BEING IN THIS BUSINESS FOR A LONG TIME THEN THIS IS ONE MEETING YOU WILL NOT WANT TO MISS.

VISIT

WWW.PRODUCTIVESTRATEGIES.COM

TO LEARN MORE ABOUT THE SPEAKER
REGISTER NOW AT

WWW.JTFOXXANDFRIENDS.COM

MARCH 23RD from 6:30pm-9:00pm

Café La Cave 2777 Mannheim Road
Des Plaines Il 60018

Registration and Networking begins at 6:300pm

FREE PARKING

The National Association of Real Estate Millionaires is one of the fastest growing investment clubs in the country. Come spend the night with us and learn from a multimillionaire real estate investor doing deals today in this market. We promise you will not be dissapointed

REGISTER TODAY

www.jtfoxxandfreinds.com