Actual - Real Estate

Motivated sellers are the single most important ingredient needed to become a successful real estate investor. You can take every real estate investment course available today and become a master of creative real estate investing, but you will be a starving expert if

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

you do not have any people to apply your knowledge too. I advise students on a regular basis to spend their first year in real estate learning how to locate motivated sellers. Then once they know how to find this valuable commodity, then they should learn techniques

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

to buy and sell real estate. Imagine buying all the equipment needed to drill an oil well but never learning how to determine where to drill? It can be a costly and frustrating experience. So let me give you some tips on whom is likely to be a motivated seller and h

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

w to locate them. Here is my top three.

Probable the number one reason a person needs to sell their home quickly at a discounted price is because of a divorce. Mortgage payments that were easily manageable with two incomes suddenly become a real burden when one of t

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

he incomes disappears. With divorce rates nearing the 50% level, this creates many motivated sellers on a regular basis. Some people may see buying a property from a divorce situation as preying on the weak and needy. I see it as just the opposite. Divorce is also th

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

number one reason for a foreclosure. These people desperately need to sell their house and if you don’t make yourself available to help them sell their house, they end up losing their house and their credit in a foreclosure proceeding. You are providing a valuable s

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

ervice to them and a good income for your family by working with motivated sellers caused by divorce proceedings. Making contacts with good divorce attorney’s can generate quality leads for you on a regular basis.

Another situation that creates motivated sellers is

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

a loss of job or a job transfer. A person may have no problems making a mortgage payment at their present income, and then suddenly they get laid off, downsized or relocated and now they are making substantially less income then they are accustomed to. This creates a

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

tremendous burden on the home owner and quite often leads to a motivated seller scenario. They have to sell their house before they transfer or if they stay, they cannot afford their mortgage at their new income level so they need to sell quickly or risk going into

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

foreclosure. This is a very common problem that you can profit from if you pay attention to the local job conditions in your city or town and keep up with layoff notices and job announcements in the local paper and on local television. If you are watching the news to

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

ight and hear that the local potato chip plant is shutting down in your city, it is time for you to spring into action. I have personally gone down to a place of business like this and put flyers on the windshields of the cars that describe my abilities to assist the

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

m if they need to sell their house quickly. If this sounds too aggressive to you, then you must find another way of contacting the workers at the plant. An ad in the local paper or penny saver that reads “Attention Recent Nalley’s Workers” will get their attention.

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

Also try to place ads on the local unemployment office website or bulletin board. A fair share of the laid off workers will be using those services. Remember they need your help! You have a service that will benefit them. Don’t be afraid to tell people that you can

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

elp them with their property.

Here is a tip that I will give you that is so powerful, if you develop it and work on it, it will deliver you endless amounts of quality leads. There is one person that you see on a regular basis in your area that knows every person tha

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

t is behind on their bills, they know who is in foreclosure and they know who is moving before anybody else. This person carries a wealth of information that few other people know about. Who is this person that can line your pockets with cash? Your mailman! Think ab

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

out this. Your mailman delivers all important letters and documents to every house in a neighborhood. If a person is behind on their utility bills, the mailman delivers the disconnect notice. If they are behind on their mortgage, the mailman delivers all the warning

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

etters from the lender including the Notice of Default. If they are thinking of moving, they will ask the mailman for a change of address card. If the house has been abandoned, the mailman will know this and discontinue mail delivery to this property. As you can see,

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

your mailman is plugged in better then any other person when it comes to potential motivated sellers. Make friends with them; ask them if they know about any potential deals. Do not ask about any personal information regarding the seller because this would be unethi

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

al. But you could ask them if they know of any persons on their route that might be in a position of needing to sell their house quickly. Treat them right and they can give you a world of valuable information. I was a mailman for 10 years and I can tell you for a fac

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

t that I knew who every motivated seller was in my area well before anybody else did. It’s the kind of information that can make you rich.

Motivated sellers are everywhere you go. Learning where to look for them will take your real estate investing to the next level

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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