Hello and Welcome to Real Estate Channel TV. My name is Rey Ybarra and I host and produce this dynamic Internet On Demand program. Times have definately changed in this era of digital on demand programming, especially for the Real Estate industry. This industry has changed dramatically over the last few years and with this change many professionals in this multi billion dollar industry have had to change with it.

As we are now approaching the midway point of 2007, I am absolutely amazed at how quickly technology is reshaping how business is being done, especially over the Internet. As a TV talk show host, I have seen first hand the efficiency and quickness of digital programming. According to the NAR, 94% of all real estate transactions begin on the Internet. The remaining percentages are split up with newspaper ads and for sale signs listing properties.

This is an incredible shift! What this shift represents to me is how many people conduct business on the Internet. We are a society that is so pressed for time that time is now the most precious commodities we have now. You can say that now we all live in digital time created by the Internet. For the Real Estate entrepreneur, this can be a great advantage for you. The playing field has now been leveled and now you can compete with the fortune 500 and fortune 100 companies from the privacy of your home.

The disadvantage of this scenario is many small to medium business owners do not have the time to learn the basics of this fabulous technology for their businesses. And because they do not learn or take the time to do so, countless opportunities pass them by. Here is the major problem with this kind of approach and thinking. We have all heard of the saying, “If it ain’t broke, why fix it?’ This is the attitude and approach that simultaneously kills the progress of many businesses in this industry. Yet, for those individuals, businnesses and entrepreneurs who adapt and begin to learn the new skills and technology available to them, they can easily quadruple their businesses in a matter of months!

That is why I created Real Estate Channel TV! We produce the highest quality “On Demand” Internet TV programming featuring programming we produced from many of the best trade shows for the real estate industry in Southern California. This trade show industry is a billion dollar a year business and the Southern California market alone is a multi billion dollar a year industry. We also produce in studio TV interviews and stream those interviews on many of the best Internet Video distribution channels so you can access them 24 hours a day, 7 days a week from anywhere on the planet. We have also created our award winning Vlog with daily updates while creating a 2 way dialogue with you.

We will also be featuring our Webinar technology which is also dramatically altering how trainings and education is being facilitated ove the Internet. Yes, we left no stone unturned helping you to understand and become a Internet titan by watching and accessing our program. We will be producing an incredible amount of programming during the last half of the year along with creating some outstandig Webinars for your education in the highly competitive real estate industry. So watch and learn and let us know how we are doing. Real Estate Channel TV is for you!

By: Rey Ybarra

When you are interest in making an investment such as a real estate investment, for example you want to be able to talk to as many people that are “in the know” as possible. This may be more so in the case for individuals that are just starting out in this type of investment but it is applicable to any realty investor. This is what makes the Metropolitan Property Investors Association a real asset. This is a group that has been formed specifically for those interested in the investment of real estate.

It is a New Jersey based group and is a not-for-profit group. Their mandate is to be seen as a resource overall for realty investment. Being as property investment is not a new concept neither is the association. In fact, it dates way back to 1982 with a slightly different name. It is open to conjecture whether at this time this was a formal group or whether just a bunch of property investor enthusiasts just getting together to share information in common about real estate. In 1985, some old newsletters belonging to this organization surfaced and this was the first evidence of the Metropolitan Real Estate Investors association being a structured group. Although it was then known as Northern New Jersey Real Estate Investors Club, Inc. (N.N.J.R.E.I.C., Inc.). At that, time from a mere membership of twenty it swiftly grew to in excess of five hundred.

It is important to know the background of any association that you may be thinking of joining but perhaps more so when it comes to investments. There is money involved here and what you learn and share within the association can have a direct impact on your way of thinking when it comes to your property investments.

Although reading material and industry magazines are a valuable resource as well when it comes to realty investments in many ways organizations such as this one are perhaps more valuable in the sense that open discussions can be had by way of attending the regular meetings. Here you can depend on the expertise of a completely diversified group of individuals who perhaps have keen interests and knowledge in specific sectors of the realty investment portfolio.

It makes it most enjoyable when you can share your thoughts and concepts about something that is important to you with a group that has the same interests. It is often difficult to talk about investments with others that are not involved in the same venues as you because they lack the knowledge and quite often the interest in the subject. That is why belonging to a group such as the Metropolitan Real Estate Investors association such a beneficial one.

By: Mike Lautensack

A lease with option to purchase agreement for Michigan is becoming widely sought after as slack housing demand has forced sellers to get creative in moving their properties.

For those that do not know what a lease with option to pay agreement for Michigan is, it is simply a legal contract that is sometimes simply referred to as a “lease option”.

It is used by homeowners who, if they can’t sell their homes, decide to lease it with an option to buy. This is a powerful method that is being used a great deal in Michigan since it helps alleviate the burden of making mortgage payments by the seller, and allows them to get closer to fair market value for their house, while commanding above market rents during the lease term.

It is also beneficial for the buyer because they are now no longer throwing away money on rent. The lease with option to purchase agreement for Michigan allows the buyer to put down a small down payment (usually 2% to 3%) to get into the home, and grants him or her the right to exercise the option at the agreed upon time so that he or she can purchase the home.

Other terms are often used synonymously or in conjunction with “lease option.” Some of them are: rent to own, rent to buy homes, buy with owner financing, seller carryback, owner financed, seller financing, and so on.

With lease purchase transactions, no banks are involved….the seller assumes the role of the bank and payments are made directly to the owner.

A lease with option to pay agreement for Michigan contract may not be any different than some other states. Many legal contracts are basically identical from one state to another and therefore can be used in those states in which they are the same.

However, there are sometimes differences, but in the case of a lease with option to purchase agreement for Michigan it is probably pretty standard stuff. Of course, check with a real estate attorney.

These contracts will generally have straightforward clauses that most anyone can understand, such as:

“It is agreed that Optionee shall have the right (Option) to purchase said property from Optioner payable in cash or third party financing….at any time during the original term of the Option.”

Other clauses may state things like:

“If the Option is exercised during its term, all Option fees paid by the Optionee shall be applied towards the purchase price, Optionee’s closing costs, and/or down payment at Optionee’s choice.”

Sometimes investors will also use variations of the lease with option to purchase agreement for Michigan by getting a house under contract and then assigning their interest for a modest fee to the end buyer of the home who becomes the tenant-buyer.

The investor acts as a middleman by locating a motivated seller willing to work on terms and then finds a buyer who would like to lease option the house rather than rent.

The editors of this site, in fact, are real estate investors who do in lease options and lease option assignments.

If you have a home you’d like to sell via lease option or are a buyer looking to stop renting and want to own a house, please contact us.

Click here if you’re interested in selling your Michigan property.

By: Dan Ho