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Group Q & A 824090

Group Q & A

Lou Brown:

Welcome everyone to your Street Smart Group Q and A where I’ve got a lot of new information for you.  I think you are going to be excited about this one.

We just completed our Millionaire Dealmaker event in Atlanta.  It was fantastic.  We had a great turn out.  We had a great group of folks there; learned a ton about way to develop and design deals for today’s market.  That was critical because I spent good, in-depth time on the important thing in today’s market; that’s being able to buy REO properties.  Real Estate Owned by the banks.  I shared my entire system of how we are doing it, brought in my entire team, and showed exactly how we are structuring the transactions right now, and the operation that we’ve put together on that, got some great insight into the pricing, the formats for the offers, and so on.

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April 28, 2009, By Jeff Carroll
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Group Q & A 414090

Group Q & A

Lou Brown:

Hello everyone and welcome back to another installment of our Q&A session where I am going to give you the Street Smart answers to all of your questions that you have been sending in over the last couple of weeks. I am going to update you on some of the things that we have been talking about, as a theme this year, on cutting your expenses and creating more cash flow for your business.  One of the things that I have been talking about particularly with the Platinum Group is protesting property taxes and looking for other avenues to be able to save money in your real estate business.  Right now, I find that property taxes are very high in our area compared to the comps of sales right now and properties on the market.  Another thing that is true also is the cost of the taxes is quite high.  Now, I am looking at actual dollars per square foot.  I am looking at special assessments.  I am looking at assessments of other properties in the same neighborhood, in fact on the same street.  The tool I use to do this is our CompWiz that is on the backside of your websites.

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April 14, 2009, By Jeff Carroll
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