Loan Modification Companies – Are They A Scam…?

Do You Know Anybody Who Has Benefited From Them…?


I don’t know of any either.  Let me know if you know someone who hired one of these companies and had some success.  We  in the business call them “Loan Mod” companies and they are every where.   You’ve probably heard some advertisements on radio or seen them in local media…


Did you know that they are also a “Muti-Level” marketing (MLM) business as well that almost anyone can get into..?   Yes… just like AMWAY or WEST COAST WELLNESS.  These are companies that have products to sell.  They also solicit “associates”… folks like you and me to invest in their business to distribute their products.  They also want you to recruit new “associates” and give you a piece of their action and so on down the line.


Well,  Multi-Level Marketing is also prevalent in the Loan Modification Business.  One such company is Certified Financial Protection Group LLC.  Here’s a copy of the Associate Program in a PDF.


I have a client that has not had success with this group and was solicited by a friend that signed up for the “Associate Program”..  The “associate” gets a piece of what ever they bring in and the more they bring in the more they get.




In today’s Sacramento Bee there’s an OP-ED written by Kamala D. Harris, the District Attorney for the City and County of San Francisco and Kevin Stein the Associate Director of California Reinvestment Coaltion.  They provide some more information and some links to helpful counseling agencies.


My View: Extreme vigilance needed to combat loan scams



I’d like some feed back on this issue.








Tips for Maintaining your Property

Good Morning Folks…   

It’s another great day in paradise….!!!  Why do I say this… ?   It’s because any day I wake up “north of terra firma” is another great day to celebrate…   you never know when it’s your turn to “check out” as they say.

While the focus of this blog is to help folks invest in real estate… especially multi-family homes like Duplexes, Four-Plexes and Apartment complexes.. I do like to give you information that comes my way time to time from other sources…

I’ve posted some links below regarding the Maintenance of Decks, Patios and a link about Kitchen counter tops.  I hope you find them useful and informative because improving and maintaining a piece of real estate is something an investor or homeowner should never over look or defer.


Maintaining Your Deck  – great article – I’ve got a Court Yard deck in front of my own place that is 5 years old, but doesn’t show it when it’s maintained right.

Concrete Patio or Driveway Maintenance

Kitchen Counter Tops

If you have any questions or would like me to refer some professionals to assist you in any kind of a project drop a note my way or just call me…   916-203-1260

In the Mean Time…?



Some Interesting Deals If Cash Flow is Your Goal

June 17, 2009

Rancho Cordova – The Sleeper Area for Investors :


While out and about I came across a couple of what I call “suspects” that could be potential money makers.  I drove by both of these properties on June 15th and I think one of them has just been reported sold before I could post it here.


Check them out and you’ll see why I like these.  Click on the addresses for a couple of pictures and an attached “pro-forma” cash flow analysis.


10413 White Rock Road, Rancho Cordova – Great numbers only on the market a couple of days – Shows Pending sale as of today.


10754 56 Capana Rancho Cordova– Located in an area of Pride of Ownership single family homes on a large corner lot.  Click here for a VIDEO of the area around it.


One of these is what I call a “bread and butter” type investment and the other one is what I call a “coupon clipper”.


Let me ask you…   Are these numbers pretty decent…?   They include taxes, insurance, management, some repairs along with the water sewer and garbage.


I think the Sacramento area is the “place to invest”…  Am I wrong…?


Make it a great day…!