Over the last year the B&B Crew have interviewed a number of people in the real estate world. Some very prominent agents, some very prominent business leaders and some representing some of the best products being made available to the real estate industry.
However, I can’t remember interviewing a character as funny and enlightening as Tim Mai. Mai’s story is unreal. He and his brother escaped Vietnam on a fishing boat in 1986. He was 11 years old and his brother was 18 at the time that they escaped .
They spent seven days and six nights at sea and were mugged by pirate boats. Being robbed and stripped of all valuables, they were lucky and did not meet the same fate of death as happened with other unfortunate escapees.
Eventually, a Malaysian boat picked them up, and they spent six months in a refugee camp before being transferred to a camp in the Philippines.
After a short stay there, the United States accepted the Mai brothers, and they ended up in Houston. What a story!
Now Tim Mai is a real estate investor who has devised a system that is allowing many newbie real estate investors to absolutely make a fortune in what many real estate “professionals” are calling a down market.
It’s become almost comical how those in the business of actually profiting in real estate are looking at those responsible for brokering the sale of real estate. I wonder if real estate agents really truly wonder what the world outside of ActiveRain and ActiveGenius..err..I mean Agent Genius really think of them.
Obviously they don’t otherwise they would actually DO SOMETHING about their image. While some real estate agents are worried about being able to put gas in their tank to get to the supermarket tomorrow, we have been speaking to some investors who are making 5-6 figures per MONTH.
What recession? What bad market? What down economy? What’s even more impressive is that for them to be making that kind of money it means they are actually SELLING HOUSES. TO REAL BUYERS. WHO HAVE MONEY. WHO ARE LOOKING FOR DEALS.
Why is it that these guys, who don’t have the benefit of a week long education nor a valid NAR membership card in tow, can actually be making money…lots of money.. in today’s market? Simple…they know how to market! They know how to find property, anywhere in the Country and sell it to any buyer in the Country …without ever seeing the property or meeting the Buyers.
Warning: Before any agent reads this and inserts foot into mouth, this is ALL LEGAL and above board. You’re water cooler rhetoric should be saved for someone else you can bloke smoke at.
Tim Mai is a funny guy. He makes funny videos and he sells houses and teaches people across the Country how to successfully profit in today’s real estate market despite what everybody thinks.
If you don’t know who Tim Mai is you may want to check him out. Hey, you might actually learn how to make some money in real estate. Imagine that…making money in your chosen profession…amazing!
Thanks, Barry, for introducing Tim Mai and his real estate investment system. I am most impressed with his list building technique! With the promise of “secrets” and a charitable fund raising effort, Tim captured 4 email addresses to market his products.
Once I review the free videos and the blueprints for success I’ll come back.
Kathy..you are welcome. Over the next few weeks we are going to be introducing quite a few people who are making a killing in real estate and for those who have an open mind they are going to learn something. For the others, they will still keep crying in their oatmeal about how bad the market is.
Stay tuned for more information on guys and ladies like Tim Mai.
I was just called by one of Tim Mai’s investors. My home is for sale because I would like to get closer to my job. My home is on the market for $187,500.
The real Estate Investor offered me $180,000 cash.
I would like to know how Tim Mai’s investors can afford to pay that kind of cash for a home, and why would they pay almost what the home is worth.
It seems fishy to me.
Tammy
Tammy, not sure how to answer this one. Seems to me there could be one of two things going on here. Either you are wrong on the value of the property, or the investor is.
If you are wrong, the investor will get the price he/she wants, and you will sell the house at the amount you want to be paid, EVERYONE WINS.
Unfortunately, if the investor is wrong on value, he/she will be wasting everyone’s time. Unless the investor is going to use their own money (unlikely if they are this wrong on value) they will be stopped when they go to a hard money lender or apply for financing elsewhere.
Another alternative scenario is that the value of your property is accurate by all involved and the rental market is so strong in the area that the investor will be able to cash flow from day 1. From the falling prices in some areas, we have seen this scenario play out.
By the way, is that the way this investor introduced themselves, “one of Tim Mai’s investors”? Seems kind of strange to me.
Hope this helps.