Really successful real estate wholesaling requires a substantial amount of business genius. That's why we're so lucky to have the secrets of so many real estate info-marketers right at our fingertips. The other day, I was listening to public radio and heard a story about a true real estate guru: Bruce Marks. He has started a nationwide movement to help improve the lives of millions facing foreclosure and credit ruin.
As an MBA graduate from New York University, Bruce Marks has a competitive advantage in the business world. The time he spent working as a regulator at the Federal Reserve Bank in New York further honed his business skills. He learned about ethical standards of practicing business, and took that knowledge to Boston to work as an activist for the hotel workers' union there. After that, Marks took a job as the Executive Director at the Union Neighborhood Assistance Corporation (UNAC) in New York. He became so successful attacking predatory lenders in New England banks, he eventually started his own nonprofit organization, the Neighborhood Assistance Corporation of America (NACA).
NACA is a non-profit agency devoted to helping home owners refinance and renovate their properties. They have saved thousands of Americans from foreclosures by offering reduced-rate mortgages with no upfront fees or costs. Prospective home owners can apply for affordable loans, and can even receive assistance fixing up the properties. He has several offices throughout the United States offering those services, as well as credit counseling.
Currently, NACA's biggest campaign is against sub-prime lenders and their greedy practices. Marks is going after banks like Countrywide, who have caused thousands of home owners to foreclose. While NACA's aggressive campaigns put many financial institutions, others, like Citigroup, have benefited from partnerships that offer affordable lending solutions to prospective home owners.
Real estate investors are so happy with their success, they're quick to both boast about their deals and share knowledge with others. Bruce Marks's business follows that model. While he earns money as a financer, he also repairs peoples' credit and offers them the opportunity to live the American Dream. When everyone benefits, we can all enjoy the REI Lifestyle.
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If this sounds like the system for you, please visit Michael Kimble's daily blog at Wholesale Real Estate blog to get started! Michael is currently giving away his 4 best marketing systems that bring in Wholesale Real Estate deals.
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