Colorado Real Estate

Real Estate at Post-NewsMarketplace.Com - Denver and Colorado Homes New Homes REALTOR ® Listings Mortgages Rentals/Apartments Find a REALTOR ® Mtn Homes Mortgages Moving › Place an ad › Site Map › Search › Contact us › Help › The Denver Post › Rocky Mountain News Price Range: 0 50,000 75,000 100,000 125,000 150,000 175,000 200,000 225,000 250,000 275,000 300,000 325,000 350,000 375,000 400,000 450,000 500,000 550,000 600,000 650,000 700,000 750,000 800,000 900,000 1,000,000 1,250,000 1,500,000 1,750,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 9,000,000 10,000,000 11,000,000 TO 50,000 75,000 100,000 125,000 150,000 175,000 200,000 225,000 250,000 275,000 300,000 325,000 350,000 375,000 400,000 450,000 500,000 550,000 600,000 650,000 700,000 750,000 800,000 900,000 1,000,000 1,250,000 1,500,000 1,750,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 9,000,000 10,000,000 11,000,000 Bedrooms (min): Bathrooms (min): any 1 2 3 4 5 6 7 8 9 10 any 1 2 3 4 5 6 7 8 9 10 City any Agate Alma Arvada Aurora Bailey Bennett Berthoud Beulah Black Hawk Blue River Boulder Bow Mar Breckenridge Brighton Broomfield Brush Buena Vista Buffalo Creek Burlington Byers Calhan Cascade Castle Rock Cedaredge Centennial Center Central City Cherry Hills Village Clifton Coal Creek Colorado City Colorado Springs Columbine Valley Columbine Village Commerce City Como Conifer Copper Mountain Cotopaxi Cripple Creek Dacono Deer Trail Delta Denver Dillon Divide Dumont Eaton Edgewater Elbert Elizabeth Empire Englewood Erie Evergreen Fairplay Federal Heights Firestone Florissant Fort Collins Fort Lupton Foxfield Franktown Fraser Frederick Frisco Fruita Ft Lupton Genoa Glade Park Glendale Golden Granby Grand Junction Grant Greeley Greenwood Village Guffey Harstel Hartsel Heeney Henderson Highlands Ranch Hudson Idaho Springs Indian Hills Jamestown Jefferson Johnstown Keenesburg Keystone Kiowa Kittredge Kremmling Lafayette Lake George Lakewood Larkspur Leadville Littleton Lochbuie Loma Lone Tree Longmont Louisville Loveland Lyons Mack Mead Mesa Milliken Monument Morrison Nathrop Nederland Niwot Northglenn Palisade Palmer Lake Parker Pine Platteville Red Feather Lakes Rollinsville Rye Sedalia Shawnee Sheridan Silver Plume Silverthorne Simla Strasburg Superior Tabernash Thornton Twin Lakes Victor Ward Watkins Westminster Wheat Ridge Wheatridge Whitewater Winter Park Woodland Park OR ZIP code All Listings New Home Listings REALTOR® Listings Classified Listings Sunday Only All Classifieds Advanced Search > Click here to view realestate ads from the newspaper Horse Properties: Colorado's top livestock locations Select a Section Horse Properties Mountain Real Estate Golf Course Living Planned Communities Luxury Homes Lofts/City Living Affordable Living Built Green Homes Condos & Townhomes First Name: Last Name: Community: any Arvada Aspen Aurora Boulder Breckenridge Brighton Broomfield Buena Vista Capitol Hill Carbondale Castle Pines Village Castle Rock Central Platte Valley Cheesman Park Cherry Creek Cherry Hills City Park Commerce City Congress Park Copper Mountain Crested Butte Douglas/Elbert Counties Downtown Denver Durango Englewood Estes Park Evergreen Golden Golden Triangle Grand County Grand Junction Greenwood Village Gunnison Highlands Ranch Keystone Lafayette/Louisville Lakewood Littleton LoDo and Coors Field Longmont Lowry Park Hill Parker/Franktown Pueblo Silverthorne/Dillon Sloan Lake - Highlands South Jefferson County Steamboat Springs Telluride Thornton/Northglenn Trinidad Uptown Vail/Beaver Creek Wash Park / Bonnie Brae Westminster Wheat Ridge Winter Park Southeast Denver Featured agent Bonnie Dinofrio View My Listings Take a $3,000 Holiday Shopping Spree with Berkeley Homes Berkeley Homes, a Denver home builder, is making a list and checking it twice for the holiday gift of the season -- a $3,000 gift card from Visa. Whether you've been naughty or nice, contract on any Berkeley home now through Dec. 31, 2005, and receive a $3,000 Visa gift card, good virtually anywhere, at closing. Read More Hand picking a piece Hand picking a piece of the Point Ten years ago, builder Dave Morovitz was working half the day at Nick-n-Willys and dabbling with the other half in center-city fix-ups. That was when you could still buy a down-at-the-heels bungalow on Park Hill for less than $70,000. See story Planning To Move? Fill out one form - we do the rest! Please complete all fields Date: Select Month January February March April May June July August September October November December Select Year 2005 2006 2007 2008 Current Zip Code: Moving To: State AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA PR RI SC SD TN TX UT VT VA WA WV WI WY For Advertising Information, please call Dave Hiebeler tel: (303) 892-2985 dhiebeler@denvernewspaperagency.com Powered by Indigio

investment property,properties to rent,buy

Buy Properties, Rent Properties, Investment Properties, Apartments, Homes, Mortgages, Leases Search all categories Books Cars & Accessories Christmas Gifts Computers & Software Digital Cameras DVD & Video Electronics Fashion & Lingerie Games, Consoles & Toys Gifts & Gadgets Health & Beauty Home & Garden Household Appliances January Sales Kelkoo For Business Mobiles, Phones & Faxes Money & Bills Music Sport & Fitness Travel Wine & Spirits Home > Home & Garden >Property Property Buy Properties, Rent Properties, Investment Properties, Apartments, Homes, Mortgages, Leases from the best UK property rental and buying shops online. Just browse the links below to compare mortgage prices, rental prices for all properties you're looking for. Rent Property Buy Property Home Insurance Home Loans Mortgages Bad Credit Mortgages Buy to Let Mortgages Flexible Mortgages Mortgage Advice Mortgage Insurance Mortgage Protection Remortgages Self Certification Mortgages Standard Variable Mortgages Discounted Mortgages Capped Mortgages Fixed Rate Mortgages Kelkoo Special Offers Shop Department Product Offer Ends Price inc. P&P Graphics Direct Graphics Direct Info Home & Garden Tria Collection - Interiors (24 pen set) 73 days 124.99 64.94 (save:48%) Graphics Direct Graphics Direct Info Home & Garden A2 Simair Gloo Booth 73 days 573.40 448.50 (save:22%) Graphics Direct Graphics Direct Info Home & Garden Rotring Isograph Set 73 days 56.90 29.94 (save:47%) Graphics Direct Graphics Direct Info Home & Garden Complete TC2000 Airbrush Kit 73 days 445.46 309.99 (save:30%) Graphics Direct Graphics Direct Info Home & Garden Su-doTanning Lotion (1000ml Bronze) 73 days 57.77 44.94 (save:22%) We have another 5 special offers for you Related content Other related searches rent property norway,properties in france,investment property,properties to rent,buy to rent property spain,properties in sweden to buy,properties rent,buy properties Home > Home & Garden >Property About us Contact Tutorial Bookmark this page! Shopping guides Kelkoo Toolbar Shopping in Europe: Denmark / Sweden / Belgium (FR) / Belgium (NL) / France / Germany / Italy / Netherlands / Norway / Spain Top searches Yahoo! Shopping Generated : 29-12-2005 21:40:30

Las Vegas Real Estate

Las Vegas Real Estate Homes, houses for sale in Nevada. Top requests: 1. New homes 2. Resale homes 3. Las Vegas Communities 4. Las Vegas Real Estate News NEW HOMES - NEW HOMES - NEW HOMES - NEW HOMES Search all Brand-new homes online! The Top New homes Builders in Las Vegas - See Photos and Floor plans - Visit the Communities - Request a List of Homes that match your Criteria. Start your search for Las Vegas NEW homes here. RESALE HOMES FOR SALE - RESALE HOMES FOR SALE All Las Vegas Resale homes online! Here is the access to all houses for sale listed by real estate agents in Las Vegas and Henderson, Nevada. If you wish you can ask for more details about any home you like. We will send you more pictures if available and also address and direction. . Multiple listings service (MLS) is database used by REALTORs for listing homes for sale. Here is your access to the database of nearly 9,000 RESALE homes and 5,000 condos in Las Vegas and Henderson. New Luxury Condominiums! Vegas Grand Panorama Towers Metropolis Luxury Condos Turnberry Place Las Vegas Golf Communities Desert Shores Summerlin : Las Vegas HUD and VA U.S. Government Owned Homes There are two types of U.S. Government owned homes: HUD and VA. HUD and VA homes can be a great investment for potential home owners and real estate investors. Often times, the properties can be purchased at a significantly reduced market value... Peccole Ranch and The Lakes Peccole Ranch is located just South of Summerlin and is comprised of 12 communities, 5 of which are gated. Peccole Ranch also features a community clubhouse that can be rented out for large parties... Las Vegas Real Estate Info Information about homes and real estate in Las Vegas Henderson Homes Above $150,000 Commercial Rent Increases Property Tax Reminder Sales Increase on the Internet Pay Click Advertising Call toll free 1-866-580-1919 Teresa Liles 702-524-1313 email RE/MAX Associates Don Liles 702-683-4673 email More Contacts Moving The Las Vegas Valley One Family at a time! We service Las Vegas, North Las Vegas, Henderson, Boulder City, Summerlin, The Lakes, Desert Shores, Eldorado Hills, Rhodes Ranch, Siverado Ranch, Green Valley and Southern Highlands, NV and surrounding areas. Las Vegas Homes and Real Estate. Link to us! Email us now!

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Is Foreclosure Investing for You? Online Catalog | Shopping Cart HOME | Foreclosure Investing | Short Sales | Articles | Financing | Commercial | Mobile Homes | Cash Flow | Legal | News Group CRE Online > Money-Making Ideas > Is Foreclosure Investing for You? Is Foreclosure Investing for You? by Ronald Starr If you are new to real estate investing and considering buying foreclosure properties, you need to be realistic about what you are facing. If you feel more sober about foreclosure investing after reading what I have written below, I will have accomplished my goal. Foreclosure investing is not a good investment approach for beginners. I recommend that you have at least a couple of years' experience with more traditional real estate investing first. The profits from foreclosure investing can be huge. That makes foreclosures attractive. There is an awful lot to know in order to avoid the problems that can occur. If you don't know what you are doing, one disastrous foreclosure investment can wipe out your capital and your enthusiasm for all real estate investing. Three ways to buy a foreclosure property There are three basic approaches to buying properties in foreclosure depending on the stage of the foreclosure process: buying pre-foreclosures, buying at the foreclosure auction, and buying from lender after the foreclosure sale. If you buy from the delinquent property owner before it goes to auction, you have bought a pre-foreclosure deal. Buying at the auction is self-explanatory. If nobody bids, the lender ends up with the property. Buying from the lender after the auction is called buying REOs (real estate owned) or Repos, (repossessions). Sometimes you will see them referred to as "corporation owned" or, my favored term, "lender owned." REOs are the least risky way to buy foreclosures You may have more risk than you would in a regular real estate transaction, but REOs are less risky than in buying at the auction. Since REOs are somewhat similar to a regular sale, they can be pretty safe. You might not get a seller's disclosure. In California, a lender who acquires a property through foreclosure does not have to offer a disclosure to you as a buyer. But, if there are problems after you buy the property, you might be able to sue the lender who sold you the property, or at least threaten to sue them, and they might make things right or pay part of the cost. There's a good chance they will still be around after the sale. The risks of buying pre-foreclosure real estate The next riskiest foreclosure purchase is the pre-foreclosure. If an owner of a pre-foreclosure disappears, you risk not getting anything from him after the sale. A pre-foreclosure seller might be desperate and lie to you about the condition of the property and the neighborhood. There might be liens on the property that the seller "forgot" to mention. The big utility bills become the buyer's responsibility if the pre-foreclosure investor failed to check them out. Ditto for unpaid property taxes. There may be another person on title who did not sign the deed, and so on. In California and, I believe, some other states, there are special laws related to dealing with and buying a property from a homeowner occupant who is in default on a loan. If the contracts and the sale are not done according to the law, the seller has the right to rescind the sale and could, long after the sale, sue to have the sale reversed. There are extreme penalties for violating the law. Remember, "Ignorance of the law is no excuse." You need to know the state law when you do pre-foreclosure investing. Can the seller can legally deed the property to you? What if the seller is already in bankruptcy? The deed is likely not valid unless it has gone through the bankruptcy court. You have to call the local bankruptcy court to check for a possible filing. And, of course, the seller could have filed bankruptcy in another bankruptcy court that you did not call. And, even if the seller does not file bankruptcy until after your purchase, you may have to deed the property back to the seller up to three years after you bought it. If selling the property made the seller destitute, and the seller sold for much below market value--which you hope he did so you could make a good profit--the bankruptcy trustee can require you to deed the property into the bankruptcy estate on the grounds that the sale was a "fraudulent transfer," wherein the seller deprived his creditors of an asset which could help pay the debts. At that point, you become a creditor of the bankruptcy estate. Is this really what you planned when you bought the "great pre-foreclosure deal"? A lot of pre-foreclosure buyers may forego some of the inspections because they are hurrying to buy before the foreclosure auction. Sometimes the buyers will give money to the owner, get a deed, and record the deed themselves in the land records office of the county. The pre-foreclosure buyer has to be very alert to a lot of possibilities and check them out. You must have superior knowledge of real estate investing before you start doing pre-foreclosure investing. But, if you sign a proper sales contract with the owner, get appropriate inspections, go through an escrow with a knowledgeable escrow agent, and look at the property yourself, you probably will not be at great risk. If you use the safeguards above, you are going to have less risk than in most foreclosure auction buys. The risk of buying at the foreclosure auction Buying at the auction is the riskiest foreclosure purchase. At the auction you have no real estate agent to lead you through the process. You have no escrow and no title report let alone title insurance. In most jurisdictions it is an all cash sale. In some states you may have a week to a month to come up with the full purchase price. If you do not raise the money, you lose your deposit. At the auction the people conducting the sale will announce that the successful bidder will receive NO WARRANTY OF ANY KIND. You have no assurance that there are not other liens or loans on the property. You do not have any inspections by contractors, roofers, pest inspectors, building inspections, water well, or septic system experts. You get no disclosure from the seller as to the condition of the building or what is happening in the neighborhood. Usually you cannot see the inside of the building; perhaps not even the back of the outside. You know nothing about the electrical system, the plumbing, the heating, or air conditioning. If you buy an occupied property, you have to do an eviction, which, in some states, can drag out for a while, preventing you from getting into the property quickly to prepare for resale. Sometimes the occupants, if they are former owners, will vandalize the properties before leaving or steal items, such as cabinets, doors, fixtures, lamps, etc. If you are buying to resell the property quickly for a profit, you had better know if your buyer can readily get title insurance when buying your foreclosed-upon property. When you get a very good deal at a foreclosure auction, you may find that the former owner files a lawsuit to attempt to overturn the sale. So be prepared to hire an attorney and fight for your profit. Experience and knowledge build your foundation Now do you begin to understand why I recommend that beginners not start investing in foreclosures? Start with simpler buying approaches and get some experience with properties, laws, ordinances, deeds, and loans, and so on to provide a foundation. Learn to do title searches as fast as the professionals. Get to know intimately the government offices that have property records and tax assessment rolls. Get to know the property values in an area where you invest. Learn about the problems with properties in different neighborhoods, such as bad soil, poor construction in certain subdivisions, problems with septic systems and wells, and soil contamination. When you have learned all that, start studying up on foreclosures. Study the foreclosure laws in your state. Study law books on the priority of liens, bidding at auctions, title insurance, and bankruptcy. When you fully understand foreclosures, start buying them. I am not trying to stop you from investing in foreclosures. They can be profitable for those who can practice it well. But, few beginners can do it well. I'm telling you to be realistic and get the background that will allow you to be successful in foreclosure investing. The field is rife with risk. You can easily lose your whole investment if you make a single mistake. Please believe me, even with all my years of real estate investing experience, it has happened to me. Good Investing, Ron Starr MORE INFORMATION More on this topic... Customers also bought...

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Article Index Finance Q&A Tools Index Site Map Recent articles by MP Dunleavey: • How to invest when you've got just $500 , 1/15/2004 • Your 3 worst debt consolidation moves , 1/11/2004 • Feel guilty if youre not shopping? , 1/4/2004 More... Related Sites Robert Allen Institute Millionaire Hall of Fame National Association of Realtors John T. Reeds Web site John T. Reeds reviews of the real estate gurus Carleton Sheets Web site Joe Crumps Real Estate Moneymaker.com The Basics Nothing quick about getting rich with real estate advertisement A real estate seminar promoter promised to create 1,000 new millionaires, but so far none are in sight. See what happened to his believers. By MP Dunleavey Like a lot of people these days, Marjorie Stark wouldnt mind making a little extra cash -- or even a lot of it. So when she attended an information session for Robert Allens Creating Wealth Through Real Estate seminar in New York, she was more than willing to pay $2,495 for Allens intensive three-day course on real estate investment strategies. Concerned about not having enough to retire on and wanting to pass along some wealth to her kids some day, the 62-year-old New York City educator said to me then: I am convinced that real estate is the way to go. I was there that night, too, and I could scarcely resist the mouth-watering idea that those three days could make me rich. As the guy leading the session announced: We are on a mission to create 1,000 new millionaires in 12 months! A year later, Stark isnt any closer to being a millionaire. She hasnt bought any new property nor made any money on real estate -- except for the rental property she owned before and bought the hard way (with cash and bank loans). She even admitted that when she saw Robert Allens newest venture was in vitamin sales, I thought I was going to puke. I was very disillusioned. But Stark is undaunted and still believes there are fortunes to be made in real estate. She just enrolled in another seminar at a local college on how to buy distressed and foreclosed properties, she says. With a full-time job, Im not sure how I can do it, but, boy, am I itching to go! Start investing with $100. Explore our new ETF center. Theres something about real estate Stark is not alone. The National Association of Realtors doesnt track independent real estate investment seminars or how many people attend them, but their allure springs eternal like the get-rich hopes of those who sign up for these courses. The odds of winning are not high. Robert Allens 1,000 new millionaires never materialized in the last year, for example. Allen operates whats called The Enlightened Millionaire Institute. Its Millionaire Hall of Fame Web site lists only 50 millionaires (defined as having generated gains averaging $2.6 million). A spokesman admits not all of them exclusively used the Allen method of real estate investing. (And, in a disclaimer, the site notes, No information has been verified or authenticated. Results vary. All successes are subject to one's own knowledge and effort.) Despite all that, the Robert Allen Institute still conducts two or three seminars a week in different cities and says it reaches about 1,200 people each month. (Thats 1,200 x $2,495 = $2.99 million a month, in case you left your calculator home.) Allen is just one of dozens of artful salesmen who preach fancy financing, no money down, flipping properties quickly and numerous other strategies to get rich buying and selling real estate. And the question all this preaching raises is, do these investment techniques, systems and strategies really work? Can they actually make you rich? After all, would people keep trying it if it couldnt be done? Or are hundreds of thousands of people simply seduced by expert sales pitches and swindled out of hundreds and sometimes thousands of dollars? Weighing the evidence Like so many things in life, it depends on whom you talk to. Or whose Web site you believe. John T. Reed is a real estate investment coach himself, based in Alamo, Calif. Hes also a self-appointed watchdog for this industry. He keeps the most exhaustive list I could find of dozens of so-called gurus, along with reviews of their techniques, books and other products. Although Reeds Web site , where you also can buy his various books for $29.95, reads a bit like he has a chip -- a very big chip -- on his shoulder, he was recommended by the National Association of Realtors as a serious investigator in the industry. Not that hes against real estate investment, or some of the reputable folks who teach their own hard-won wisdom. But those have been degraded by "the endless parade of B.S. artists coming into the real-estate-investment-advice field. It is an embarrassment to the good people in the business." And many people believe his grousing is justified. Norm Bour is the host of The Real Estate and Finance Hour on KLSX in Los Angeles, a top talk radio station. Hes worked in real estate as a mortgage lender and describes the proliferation of real estate seminars, workshops and scams as a major pet peeve. Case in point: foreclosures, he begins. Real estate in California has gone berserk in the last few years so people are looking for foreclosures to buy. The idea being you can buy a foreclosure more cheaply than other property and potentially gain a windfall when you sell it. But, as Bour notes, You can count on one hand how many actual foreclosure properties there are (for sale). Yet theres no lacking of people who are offering real estate foreclosure lists. One might pay $35 for a list, but it may be peppered with properties in other states. Its not fraudulent, but its certainly deceptive. The shady gray area Well-known personalities like Robert Allen or Carleton Sheets , who have extensive marketing organizations, are a little different, Bour says. They offer some very solid basics, but the number of people who can do what they propose is very small -- because they make it sound so much easier than it is. Thats what Josh Kelinson, a freelance advertising consultant in New York, found when he and two friends tried to follow the Sheets method. The three pals pooled their resources to master what Sheets preached, which is similar to the Allen method: buying property with no money down (or some other creative financing method) and flipping later on for a profit. One of his pals took the seminar, another bought the 8-CD set, etc. Thus inspired and determined, they tried to buy a building suitable for five apartments in Massachusetts, not far from where theyd all grown up. Kelinson says the actual experience of trying to buy an income property proved eye-opening. We spent a ton -- and I mean a ton -- of time on it. There was the approval process, the paperwork, getting lawyers. It took two to three hours a day, not including weekend travel time and unexpected snafus. I found it impossible to do with a full-time job. Ultimately, the project bogged down because of a major zoning problem. The building was in an area zoned for three apartments, and the building had been illegally converted into five apartments. The zoning authorities refused to grant an exception to the rules. Then, the building owner refused to return their deposit. The three were out $35,000. Still, Kelinson doesnt feel misled or duped by the Sheets method, and he and his friends are sure they can make it work with their next deal. There are a lot of other things out there that are scams, but this definitely can be done, he says. But investing in real estate is not nearly as easy as it looks, he says. Make sure you have the time to do it, he advises wannabe investors. If you dont allocate the time, it probably wont work. We want the system to work so much And therein lies the fundamental appeal, and ultimate trouble, of get-rich-quick (GRQ) strategies. Its the jackpot mentality, says psychologist Patricia Farrell, author of How to Be Your Own Therapist . Just like the schmoe who buys a winning lottery ticket -- every once in a while, someone, somewhere really does use these edgy real estate investment techniques to make millions. Its not the principles that are flawed, says Bour. Its the simplicity and ease that are overstated. Most of these courses are so seductive, Farrell says, because they operate according to a tried-and-true principle of behavioral psychology called the variable ratio reinforcement schedule. Basically, people (and rats) will persist in doing something, even with little or no return, if they are given the tiniest bit of hope of a coming reward. So the fact that some people do succeed at no money down strategies acts like a financial aphrodisiac for all those watching, waiting, hoping. So could the Starks and Kelinsons of the world be next? Is it just a matter of reapplying the Robert Allen/Carleton Sheets techniques until they work? Mark Wilson, one of the millionaires created by the Robert Allen Institute, would say yes. The president of Southeastern Housing Partners in Hickory, N.C., Wilson started investing in real estate in the late 1980s. We were doing OK, but nothing to write home about. Then in 2002, after hearing Robert Allen speak, Wilson paid $5,000 to join a one-year intensive coaching course. It changed his life, his business and, above all, his cash flow, he says. Although hed read Allen's No Money Down in college, the seminar focused more on another Allen signature strategy: developing multiple streams of income (from rentals, rehabs, buying foreclosed properties, commercial properties, etc.). Now, Wilson says, hes about to close a deal that will put his net worth at $8.5 million. He believes anyone can make big bucks from real estate if he or she is willing to take action -- not just sit on the sofa listening to tapes. Before you sign up, count to a million Of course, Wilson admits that it was easier for him to take the Robert Allen techniques and run with them. He had a lot of experience in real estate already. Most people, Bour points out, dont have those skills. And few people have the time or the diligence to acquire them. (Some skill sets you need to have -- and the course cant teach it to you, agrees Kelinson.) Bob Underwood of Stafford, Va., is one person who can testify to the fact that investing in real estate is not for those steeped in fantasy. Underwood bought an e-book from yet another author and teacher by the name of Joe Crump . Crump, who hails from Indianapolis, teaches a no-money-down technique, but he told me that he does it legally and ethically. Underwood, 43, has a wife and family and a full-time job -- and no time to muck about in real estate with no return. He paid Crump about $500 for one-on-one coaching in 2002 and, after a rocky start, has managed to buy three properties in the last two years. Hes sold one of them, made about $10,000, after taxes, in the process and is hoping to rehab and sell another this year. One deal Underwood did alone, the next was with a partner. He says theres no cookie-cutter method that works. What works, he says, is getting out into the market, investing the time to learn about the business, not neglecting your wife and kids (or day job), learning from your mistakes, making friends and getting advice from others as you move forward. Slowly, steadily and not particularly wealthily. Remember, you have to pay capital gains (taxes) on the profits, he says, so its not a lot of money in the end. But that, of course, isnt what people want to hear. People are lead to believe that all you need is the right plan and youll make a million, that if you use this system youll be rewarded, says psychologist Farrell. They dont realize that the possibility of getting that big reward is so remote. 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