Tim's Corner

Testimonials

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Before beginning with Tim Goff’s mentoring program, I had never started or run a business and had very limited knowledge in real estate. A year later, I have a successful short sale business and can capitalize on hidden talents in leadership and networking. I love having unlimited earning potential and a way out of the “rat race”!. I have mentored in other out-of-state programs and none of them can even COMPARE to Tim’s, which covers practically anything both new and seasoned investors alike would need to know to succeed in investing. Thank you, Tim!

Dianne L.

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Tim,

My career kept starting and stopping last year due to the death of both of my parents. I started to feel like I was letting you down since I was out of town and I wasn’t getting any deals done. You kept reminding me that family comes first and the deals would come when they were meant to. That’s exactly what happened. I started working on deals. My first I had the home under contract in 19 days and made $20,000.00. On my 2nd deal due to your coaching, I was able to negotiate a fair, reasonable price to buy a property. We closed without any hitches and my back-end was $33,700.00.

None of this would have been possible without your coaching. I’ve come to realize that anyone can learn concepts and general knowledge, but implementing that knowledge requires a great deal of assistance from someone with experience like you IF you don’t want to make costly mistakes.

Without your coaching support, I may very well have gotten into some bad deals and regretted my decision to become a real estate investor. But instead, I now feel very comfortable with what I’m doing. I’m smart enough to realize what I don’t know and still constantly tap you for information. The coaching program is invaluable and worth every penny spent.

Thank you for your continued support. It’s worth more than you’ll ever know!

Bill B.

I took Tim’s course a couple years ago and have since built a successful business centered on investing techniques Tim taught me.
The boot camp gave me a great base for understanding the complicated landscape of foreclosures and investing but the key for me was to have a resource to turn to when I got stuck. There were several points along the way when I wouldn’t have been able to continue had Tim not been there to help me over a hurdle.
Thanks Tim, I couldn’t have done it without you.

Mark O. Louisville

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When will Colorado Real Estate Values Rise Again

Written by Administrator

When Will Real Estate Values Rise Again?

An Outlined Plan for Colorado Real Estate Investors

The real estate market has been solidifying in some areas, but Colorado real estate investors are asking when they can expect to see a real increase in home values? It's not an easy questions to answer, but there is one change that must take place to bring back value to the real estate market.

Invest in Property
In order to begin to rebuild the housing market, the attitude and intentions of those people buying property either for commercial or personal use has to consider the down-payments on their intended property. For too long, the housing market has run on credit-based deals and that particular train is out of steam. There is no room for 100% credit real estate transactions and deposits have to be part of the equation.

Dual-sided Responsibility
The mortgage loan cycle over the last ten years has changed from expectations of 20% money-down to buyers coming to the table with barely enough to cover the closing costs. This works against all parties in the loan process, and in the case of a default, has disastrous effects on the financial system. For Colorado real estate investors interested in entering into a purchase transaction for a property, having a down-payment of 20% will decrease both closing costs and monthly payments. Taking the time to obtain this money will reduce the buyers' overall obligation to the sale over the life of the loan, making it a lower-overhead deal, and more profitable in the long run.

Lenders who require a deposit for a real estate transaction are ensuring that their deal, even if it goes bad, will not have long-term effects on the housing market or the economy.

Planning for Real Estate Stability
In order to obtain a level-playing field for realtors, real estate investors and loan officers, there has to be some planning and some far-sighted goals. There is no way to know exactly when the real estate market will show an improvement in property value. All parties involved can help by looking at a more cash-based transaction plan, taking the time to plan for their purchases and end the revolving credit situation that played such a large role in the housing market crash.

Colorado real estate investors need to stay apprised of the loan requirements for their region and keep in mind the long-term benefits of down-payments for their next investment transaction.