One of the hottest events in the country is happening in Chicago this weekend. 25 ways to make a fortune in real estate in the middle of a 700 billion dollar bailout & 9 ways the OBama factor will change the real estate market forever. No one is else is teaching this event in the country. Enough with the questions and doubts, its time for solutions.
There is a lot of fear right now in the market, which means this is your time to take full advantage of it. You have no idea how many great deals are being bought up right now for pennies on the dollar by investors just like you. Now is you time this weekend to shine and learn to build a new blue print for the next 18 month. We are in a New Real Estate Economy and its time to change the way we think and do business. For more information please visit:

www.GettingRichSmart.com

Sorry I have not been around the last couple of days. My grand mother passed away this past weekends. Thank you for your prayers and thoughts. I know she is looking down and is proud of me and everything I have done. I knew she loved that I was helping so many people acheive their American Dream. May she rest in peace. I already miss you Nana!
J.T. Foxx

J.T. Foxx has cancelled his trip in Asia on November 15th, so he can stay behind and teach his students the impact Barack Obama will have on the real estate game. November 15th and 16th J.T. will teach you 9 ways the real estate market will change forever under our new President Elect. Click here for more infomation and to register. Our last 2 day FREE event sold out in two days, don’t miss your opportunity to change your life and stay ahead of the game.

www.GettingRichSmart.com

I have to say I was very suprised at the state of the California real estate market. I went with my mentoring students on a property tour of 5 properties this past Monday in the valley in Los Angeles. I saw properties in 2006 sold for 596K and on the market now for 265K. Forbes magazine said LA would be the first market to rebound and I think i know why. I saw something this week California has not seen in a decade “POSITIVE CASH FLOW”. So gear up California because there are great deals coming your way. Make sure you are selective and wait for the homerun deal.

WASHINGTON — Home prices in 20 major U.S. cities dropped 1% in August compared with July and had fallen a record 16.6% from the previous year, according to the Case-Shiller home price index published Tuesday by Standard & Poor’s. Prices have fallen in all 20 cities compared with a year ago. Only two of the 20 cities showed price gains in August: Boston and Cleveland. The largest declines in August were found in the San Francisco metro area, where prices fell 3.5%. In the past year, Phoenix and Las Vegas have had the largest declines, down nearly 31% in both cities. For the original 10-city index, prices fell a record 17.7% in the previous 12 months.

As you can see the bottom is very near. If you take a look at all the trends we should start rebounding within the next 6-8 months. You never wait for the bottom to start investing because firstly you can never predict the bottom and secondly the fear of the market are giving way to incredible deals for pennies on the dollars.

Happy Investing

J.T. Foxx

Thank you to all the students who attended the recent short sale class in Chicago. As promised the class was small, limited and initiate. We actually role played out real life short sale situations as if we were doing a real short sales in today’s market. Although we had well over 100 people who wanted to attend this class but could not because of the class size limit.

The reason I like the role playing is because it gives people a real sense of how it out there in the real world. All it takes is one deal, one opportunity and one person to change your life. The great deals are now and everywhere and with the market in chaos now is the time to lay your claim to destiny.

I feel bad for all of you who really wanted to take advantage of the short sales class but couldn’t because the class was full. My philosophy has always been no one should be left behind and being students and friends of mine I am thinking I might do two day short class during the week before the end of the year. If you are interested email me at [email protected].

I thought the class was awesome and really left the students ready to go out there and get a piece of all those great short sale class the market is offering.

Happy Investing

J.T. Foxx

This is what happens when you don’t let the free market system work itself out. People expect the government will bail them out and then take advantage of the system. The irony here is that the government is run the same way. There is so much wasted money on programs that are not needed or programs that are only funded only because of special interest group wanted them. America needs to run like a business because if it made money like any other business it could lower our taxes with the profits it would make. But the problem is that Congress and the Senate have noooooooooo experience in buying homes, running a business or balancing a budget. The government spending 85 billion to bailout AIG only to have them couple of days later spend $400,000 on SPA treatments and golf outing is nothing more than CRIMINAL. Maybe that is why they are in trouble in the first place because of outrageous practices like these. This is an outright shame and injustice to all tax payers. But don’t worry Obama has the solution, he is going to raise taxes for anyone who makes over $250,000!!! Let us reward the unsuccessful companies with free taxpayer’s money and send a message to all other Americans. “If you achieve the American dream we are going to tax it because we need to pay for the unsuccessful ones we are bailing out”, that is our reward. Click on the article to read the insanity.

Read This Article…

Hello Everyone,

This is Adam Ackerman, Student of JT’s and now head Coach/Mentor.
For many of you who don’t know who I am. I am a full time real estate investor with Jt and on my own. I started out like most of you, not knowing how to do my first deal, but knowing that this is something I wanted to do for the rest of my life. Having said that, I had done a few deals on my own and with a few other partners, but nothing with any true consistency. I met JT in December of 07 and signed up for his Get Rich or Die Broke course and immediately started following his program step by step. A few months later I had lunch with JT and asked him if I could mentor with him. I was able to watch how he negotiated deals, spoke with home owners, talk with investors and so many other things that I can say I was blown away. It was well worth the money I spent because it totally eliminated the learning curve for me. These past 6 months have been a roller coaster of excitement and frustration. I am now proud to say that I have done over 20 deals this year alone and am on pace to do about 50 deals over the next 18 months. It changed my life so much that I asked JT if I could share my experience and knowledge with you..His students. So as of August 2008 we have launched a Real Estate Success coaching and mentoring program designed to help you get to that next level no matter what your current situation is. Continue reading →

Hey everyone, I am writing this blog post from Canada. I am visiting my family, friends, doing business and taking care of my passport stuff. I have told the story to many of you about my best friends who used to be my president of short sales. Last month he made over 160K doing short sales from Canada. Tonight he will be on the call with me. The webinar is a can’t miss event tonight. Check your emails for more info. The webinar is tonight at 8:15 central time. IF you don’t have the info please email frank at [email protected] or call him 773 971-1717.

Happy Monday

I am excited for what the future holds. With all these banks upside down right now it is giving investors like you and I the ability to go shopping for great deals. The banks have two options

1) Re-do their loans for the distressed homeowner, which for some it will be good but for most they will end up right back in default or

2) Sell off to investors and take those bad debt off their books. There is no doubt the mortgage market is in shambles but caous creates opportunity. Most properties that the banks are holding on right that are in distress have no equity. Therefore the opportunity lies in buying these properties via doing a short sale, which means getting the bank to take less than what is owed. Go where the money is my friends because if you don’t you will be kicking yourself for many years to come.

Tonight I will be doing a free webinar on how to do short sales in today’s market. I will be teaching not only from the investors perspective but also as a business. Bottom line you need this tool on your belt and there is no better way than to start tonight at 8:00pm Chicago time. You must register below to attend.

https://www1.gotomeeting.com

See you tonight…

J.T. Foxx