Mark Ijlal

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The Michigan Real Estate Question?

I get emails all the time where somebody challenges me to convince them that Michigan preforeclosures are better than Michigan REO’s – I don’t have to convince anybody – they are both great for their own reasons or better still they are both just means to an end.

Who cares whether I made $100,000 in the March 2005 in preforeclosures, lease options or selling REO’s??? When I go to my bank they don’t ask me where the money came from? I mean if that is your concern then may be you need to change your bank! :-)

Opportunity comes in all shape, form and sizes – some deals will make you a tremendous amounts of money, some will make average money and once in a while a deal will break-even for reasons outside your control. Thing to remember is that the people who are making money doing Michigan Real Estate spend more time “doing” it then just “reading” about it.

Start today and try to do one deal – that is all you need to worry about. There is enough time in the world to become the Apartment Goddess of wherever you live or may be you want the Loss Mitigation Officers of all major banks tremble at the mere mention of your name because you have become Mr. Short Sale in North America.

But you still have to do your “FIRST” deal!

So don’t do what I did. Which was to waste precious time doing nothing when I started out! 90 days over already in 2005, before we know it I will be wishing you Happy Thanksgiving! Think about what you can do today to have some brand spanking new money in your bank account by June 2005???

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