In the below attachments you will find a GREAT article from the May 23, 2011 edition of Fortune Magazine by Adam Lashinsky.  You will have to click each of the links below to read the individual page – as we had to scan it in to be able to share it!  It is some great information that could be of benifit to many of you!

InsideApple 1 ; Apple2 ; Apple3 ; Apple4 ; Apple5 ; Apple6 ; Apple7 ; Apple8

What’s Working? What’s Not? Where are the Deals? How Can I succeed? What does the Future Hold?

Presented by: Bruce Norris

 

Real estate investors are wearing out the question marks on their keyboards thanks to a market that’s as stable as a one-legged table in a slanted room. If navigating the constant state of flux has you frustrated and flabbergasted, you’re not alone.

But there is good news. Despite all of the legislative confusion and regulation-induced mayhem, investors continue to successfully buy, sell, and — most importantly — make a profit.

Here’s proof: Since the beginning of 2011, The Norris Group has purchased 75 wholesale deals and funded more than 100 other deals for capable buyers all over our sun-drenched corner of the world. That’s nearly 200 quality deals in just four months.

Bruce Norris is the man behind those successes, and he’s bringing that knowledge to California Real Estate Investors at Work. Here’s a sample of what Bruce has planned:
He’ll start by covering the charts and trends you absolutely must know.
Next, he’ll dig into the DNA of five real-world short sales and trustee sales and show you how and why they happened … no hypotheticals here.
Bruce will also walk you step-by-step through the entire process — from listing to price reductions to negotiations, acceptance and funding.
Join us [date] at SJREI to get motivated about working in today’s market.

6:00 PM Registration & Networking

6:15 PM Meet the Expert

7:00 PM General Meeting / Keynote Speaker

Wed., July 6th- East Bay/Dublin

Thurs., July 7th- South Bay/San Jose WYNDHAM HOTEL

To Invest in Real Estate LIKE the Pros…
                           you have to Invest WITH the Pros!

MemphisInvest.com and Fortune Builders invite you to come
see how the professional real estate investors invest.

Memphis Invest is the true Turn-Key company that will handle
everything for YOU!

Learn how to build long term wealth with a company that you
can trust.  Come find out why THE BEST real estate investors
in the country selected Memphis Invest as their exclusive partner to
build cash flow portfolios for themselves and their clients!

We will be in Northern California, specifically San Francisco
and San Jose, on June 1st & June 2nd. 

Then, we will head South to Los Angeles and Orange County
on June 15th and 16th. You can see exact details on times and locations
below.

These are BUYING events. Real Wealth will absolutely be realized for
dozens of investors who take action over the course of these 4 events.

If you are only looking for education without actually taking action,
I’ll be happy to email you a list of books on the subject.

These are events for investors to Take Action and seats will be limited. 
Serious investors know that the best investors in the country have already
left a road map to success.  So come join us in June and find out how easy
it is to get started today!

Stop listening to broke people! Start listening to people who are out there
taking action and gaining wealth for themselves and their family. Many of
these people will be at each event and you will get the chance to sit down
with them!

You will find details and registration information below:

Details for Northern California June 1 & 2!

Details for Southern California June 15 &16!

Looking forward to seeing you there!

Chris

P.S. – Seating IS limited and only serious investors are receiving an
invitation so reserve your spot now and one of our team members
will call you to confirm your reservation.

What could you do with $10,000 a month Cash-Flow?

Presented by: Lori Greymont

  • How to make money buying bargain-priced properties
  • How to find real deals, not “mystery lists”
  • How to set up your cash-flow business
  • How to estimate the return of a property before you buy
  • How to evaluate a property sight unseenImportant presales preparation steps
  • Proven Creative Strategies to sell properties quickly
  • Deciding which strategy is best for your business
  • How to implement Lease Options, Land Contracts, Note Participation, and other Rehabber Specials
  • How to qualify an applicant
  • The ins and outs of Creative Seller Financing
  • Exit strategies and contingency planning
  • All participants receive a copy of Lori’s companion book, Creating Cash Flow- Building a Portfolio Quickly and Staying Sane!
  •  

Location: Cupertino Inn

Time: 9:00 AM – 4:00 PM    -   Sign in will begin at 8:30 AM, seminar will begin promptly at 9:00

Price: Members $287  / Nonmembers $297  – Special Promotion – bring a guest for $100 with a full price admission paid!!

The Foreclosure Report – April 2011

Foreclosure filings decrease to lowest level in years, while foreclosure cancellations increase
05/17/2011

Foreclosure activity slowed in April. Foreclosure filings were down in Arizona, California, Nevada and Washington, with Oregon being the sole exception where filings were up. California filings were down to levels not seen since late 2008, when governmental intervention caused a temporary but massive drop in activity. Foreclosure sales saw similar declines throughout our coverage area, except Washington. Notably, cancellations were up significantly across the board, leaving fewer propeties scheduled for trustee sale.

“The drop in filings, and the rise in cancellations, is surprising,” says Sean O’Toole, CEO and Founder of ForeclosureRadar.com. “Banks have had time to resolve robo-signing issues, so we should be seeing exactly the opposite results, with lenders starting to catch up from recent delays.”

Arizona
Notice of Trustee Sale filings were down 27.9 percent in April 2011 from the prior month, falling to the lowest point we’ve seen since we began tracking Arizona in August 2009, and down 41.5 percent from the same time last year. There was a similar dip in foreclosure sales, with a 22.2 percent drop in sales Back to Bank and a 15.4 percent decline in Sales to 3rd Parties month-over-month. Cancellations rose 18.8 percent month-over-month, which together with the drop in filings led to 10.6 percent fewer properties Scheduled for Sale.
View all Arizona stats by state, county, city or ZIP

California
Foreclosure filings in California fell to lows not seen since the fall of 2008. Notice of Default filings dropped 25.8 percent, and Notice of Trustee Sale filings fell 10.9 percent from March. On a year-over-year basis foreclosure filings were down as well, with Notice of Default filings down 28.0 percent and Notice of Trustee Sale filings falling 31.2 percent from April 2010. Foreclosure sale cancellations rose 27.0 percent from March. Acivity on the courthouse steps slowed from the prior month, with 17.2 percent fewer sales Back to Bank and a 15.8 percent drop in properties purchased by 3rd Parties, typically investors. The average Time to Foreclose continued to climb, increasing 3.3 percent to 312 days.
View all California stats by state, county, city or ZIP

Nevada
Notice of Default filings decreased 17.8 in April from the prior month, falling to the lowest point seen since we began tracking Nevada foreclosure filings in August 2009. Notice of Trustee Sale filings fell 23.7 percent month-over-month. Activity on the courthouse steps was mixed, with sales Back to Bank down by 2.7 percent, yet Sales to 3rd Parties, typically investors, were up 6.9 percent from March, and 81.0 percent from April 2010. Cancellations were 14.0 percent higher month-over-month, and 69.5 percent year-over-year.
View all Nevada stats by state, county, city or ZIP

Oregon
Oregon saw a substantial jump in foreclosure filings, with Notices of Default up 236.2 percent from March. Much of this increase came from ReconTrust, a subsidiary of Bank of America, filing 2,840 new Notices of Default, considerablly more than the 131 it filed in the first 3 months of the year. Properties sold Back to Bank fell 17.8 percent, however, Sales to 3rd Parties increased 38.7 percent month-over-month.
View all Oregon stats by state, county, city or ZIP

Washington
Washington saw a 12.1 percent slip in Notice of Trustee Sale filings from March, and were down 25.4 percent year-over-year. The courthouse steps were active with properties sold Back to Bank up 38.7 percent, and those Sold to 3rd Parties up 40.5 percent from March.
View all Washington stats by state, county, city or ZIP

Click below for the most recent TV segment with Geraldine Barry & Nancy Chillag on NTDTV:

 

http://www.ntdtv.com/xtr/b5/2011/04/30/a525369.html

Interesting article from today’s Wall Street Journal about whats going on with apartments in todays market!

http://online.wsj.com/article/SB10001424052748704740204576273271991163028.html?mod=wsj_share_facebook