Do you see a big rebound in the housing market in your town? We have seen it in some places. People still have to have a roof over their head. It's a great investor's market and there's a rental market rebound.

There are investors who are taking advantage of the discounted homes and they never even have to go to a bank to get the money to make the purchase. How did they do it?

It wasn't with a contract for deed because it's too dangerous. A lot of them use seller financing and other ways to avoid going to the bank.

It is easy to avoid the banks, they will slow you down...don't do them.

It is the best investor market we have had in decades. It is better than some of us have had in our lives. It's the best since FDR was practically giving homes to people to get the market back. The media had been overemphasizing the whole housing crisis a few years back. It has only helped the cause of the investor.

You have the best prices in decades! Where else have you seen prices drop like this? $500,000 homes are selling for $250,000 is some places. Have hamburgers dropped in price? Have tennis shoes dropped in price? How about cars, have they dropped in price? No.

It is a great time to be taking advantage of the housing market. If you don't know how to get funded, check out some of my books on private lending.

Time is your most precious resource right now. Use it wisely. Put every hour you have available to work to find private lenders and buy bank repo homes.

I have never found a rewind button. I have a feeling that if you aren't taking advantage of this housing market, you will regret it in a few years. That's when it is likely that homes will go back up in prices and you'll be looking back at the days when that $500,000 could be bought at $250,000.

Don't waste time.

Often, people get into this business and think it's like the stock market. They invest their money in some broken down properties, fix them up and put tenants in them. They expect it to just pay itself back without any trouble.

But it doesn't work that way. Reality sets in when people stop paying the rent or pay it late. Reality sets in when the housing inspectors start getting on their back. It isn't so fun to have to go to eviction court regularly.

These people can come to my boot camps and learn from my experiences. In fact, it probably would have been a good idea to learn from me before they got into the business. They would have found out that it is a tough game, it is rewarding but you need systems to make it work.

I have heard stories about people who go themselves educated and went from being frustrated to buying over 80 properties and working about five hours a week.

That is the way to do it.

In order to get there, you need to have financial freedom.

You want to unload properties. You want to have people calling you and you want them to buy.