Bob is known as the ‘guru’s guru’ and teaches advanced real estate investing techniques including buying discounted liens, notes and judgments, buying out of bankruptcy, short sales, and more.

When I was younger I used to think that having a coach or mentor was something only for athletes and the rich and famous. I also used to think that having a coach or mentor was a total waste of time and was for people who had no self discipline. After all let’s face it, how many regular people do you know that have a coach or mentor in any area of their life, right? In fact it wasn’t until I started teaching my Ultimate Buying and Selling Machine! system (how we buy and sell houses and never look at them and have them sold in two hours or less. www.UltimateBuyingMachine.com) all over the country that I started having students ask me about coaching and mentoring them to help them get started or get to the level that we are at buying and selling houses. At first I was thinking, you want ME to coach YOU? What can I do to make you do what it takes that you can’t do on your own or get out of my course yourself? But the more I traveled around the country, the more people would ask me.

Hard money can be made in two ways: Over the long-term and over the short-term. In order to make hard money in the real estate investment world, there are basic skills you need to learn in managing your money that will help you make money in the long run. These basic skills will help you learn how to respect money, control money, save money, and invest money to get more return on your real estate investment. The more experience you gain with hard money and real estate investing, the more you learn how to invest in property to make money in the short term.

Investing in real estate is an excellent way to make a living or to simply make some extra cash on the side for family vacations, holidays or excess bills. While investing in real estate has become a lucrative business that affords many real estate agents, investors, scouts and dealers an excellent annual salary, many who are interested in investing in real estate simply do not know where to get started. Depending on your level of interest in real estate investment, there are several options for getting involved in investing in real estate.

Real estate investors have begun taking notice of HUD (Housing and Urban Development) homes as a great place to find investment opportunities. Many investors, though, do not even know what a HUD home is and aren’t sure if they are eligible to apply for a bid on a HUD home. Basically, a HUD home is an FHA or HUD insured mortgage on a home where the buyer ends up unable to make the payments on the home causing the lender to foreclose on the home. FHA will then pay the lender what is owed and HUD will take ownership of the home. From here HUD sells the home at market value, usually through an auction or bidding format to get rid of the house as soon as possible.

Depending on the current market value of homes in a given area, as well as the current house rental rates, investing in a rental property can allow for a lucrative profit. Of course, there are several factors that go into making investing in rental property worth the time, money and energy. Finding the right combination of factors ultimately turns an excellent profit for many real estate house rental investors.

No Down Payment loans used to be pretty difficult to come by, only available from special government agencies, such as VA loans. Today, though, in response to increased market value and inability of first time homebuyers to put down a full 20% of the selling cost, many mortgage companies have started offering a variety of no down payment loans. This is a great way for new homebuyers to become involved in the business of purchasing a home, but can also be a great way for investors to purchase property as well. The real estate investment business was at one time thought to be only for those who had a great deal of money available to put down on homes to purchase and to repair, but with no down payment loan options available, nearly anyone can turn real estate investment dreams into a reality.

Kendra Todd: RISK & GROW RICH - How to Make Millions in Real Estate - Season 3 Winner of Donald Trump's "The Apprentice" Kendra Todd is one of the youngest and most diversely successful female entrepreneurs today. A nationally recognized real estate broker, award- winning TV personality, best selling author and lecturer, Kendra’s mission is to share the knowledge and mindset needed to achieve financial independence, and inspire people to reach for greatness in their lives.

If you plan to begin a career in real estate, you don’t need to take a course on real estate law to get started, but you do need to know basic factors of the real estate business before getting started. Many investors who plan to finance several investments at one time like to have a real estate lawyer on hand to help them through the legalities of the real estate business, but for new investors who cannot afford a full-time attorney, keeping simple real estate law facts in mind will help smooth out the investment process.