Mortgages and More!

This blog shares information and advice on real estate in general and home mortgages specifically. The author is an experienced mortgage consultant with a desire to help people get as much information as they want and assist them in making wise decisions. To contact me directly, please email (carey@januaryfinancial.com) or check out my website, http://www.januaryfinancial.com.

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Location: Foothill Ranch, California, United States

Thursday, May 10, 2007

Last night we did a presentation here in our office for Nouveau Riche University (NRU), an outstanding new real estate educational company that not only educates their members, but also facilitates them buying properties and provides an income stream as well. The NRU community provides a great way for both beginning and advanced investors to become better investors, and they accomplish that through the EPIC Solution:

E - Education. NRU offers both at-home, remote study and live classes. These classes cover a wide gamut of topics and are available for many different experience levels, anything from 100 level classes like "Buy and Hold" or "Building Your Team" to 400 level classes like "Multi-Family Dwellings" and "Short Sales". These classes are taught by full-time investors, not teachers or seminar leaders, and all have one goal in mind - to create action and get people started or moving in purchasing more real estate.

P - Properties. Through the Investor Concierge (www.investorconcierge.com) members of NRU can go online and buy great investment properties right from their own living room. These properties are Found, Fixed, Tenanted, Funded, and Managed by a local franchise of the Real Market Experts and typically come with anywhere from $15-25K in instant equity and $2-400 in monthly cash flow. I've personally purchased a property through NRU in Colorado that had $35K in equity and around $400/mo. in positive cash flow, and I've never seen it!

I - Income. Since NRU doesn't advertise or spend money on flashy TV spots, the operating expenses are kept very low. Instead of trying to convince strangers to buy, NRU depends on the referrals of it's members to keep the organization growing and will pay a 50% referral fee to anyone a member shares the program with that signs up. This has created an incredible income stream for some members, some of who are making over $100K per MONTH sharing NRU with their communities.

C - Community. NRU provides an incredible community for members where they can learn from more experienced investors, have resources that are never more than a phone call away, and all the support someone could need in order to become a successful investor. As we all know, the size of your net worth is proportional to the size of your network, and NRU is an oustanding way to dramatically increase the size of your network in a relatively short period of time.

If this sounds like something you may be interested in, give me a call or shoot me an email and I'd be happy to share more information. This weekend there will be an Intensive in Anaheim, where prospective students can see the education live and experience what it's like to be at the live college and meet some of the people involved. I can't recommend it highly enough...