Blog by Travis Wolfe - Sr. Loan Officer & Real Estate Investor

Those of you that know me well, know that I have a backround in computer related technologies.  I spent several years in school, and several more after graduation working as a PC support specialist for large companies before going out into the mortgage world.

With the recent "changes" in the mortgage industry, I have decided to dust off my old pocket protector, and get back into the technology industry!  Don't worry, we are still operating WhiteWolfe Mortgage, and will continue to do so until they pry my calculator from my cold, dead hands!

Our new company, NeTraffic Management's primary focus is to bring your website to the front page of Google when somebody searches for your service.  Below, you will find some information that I hope you find helpful. 

Remember, the purpose of this service is to drive more money into your pocket, so don't hesitate to ask me anything you want.  The worst that could happen is you end up with too much business!

What We do:

It’s simple! Our main goal at neTraffic management is to get links to your website on the first page of Google, Yahoo and other search engines. Our primary focus is getting you listed in the first 5 spots on Google by the end of your first day.

We also offer high end, custom websites to our clients. Our web consultants create a website specifically for you and your industry. These are not “template” sites, but rather websites specifically designed to have a high level of customer conversions and are built with SEO (Search Engine Optimization) in mind. These sites go hand and hand with our SEP (Search Engine Placement) services to get you the highest number of customers from your website marketing.

Why do I need this?

You have a website for a reason. It is to drive more business to your company, and put more cash in your pocket. Since 75% of new business generated on the internet goes to the companies on the first page of Google, you need to be on the first page! If your website is not found on the first page, it might as well be on the last.

How Much Does It Cost?

Cost varies based on the industry you are in, as well as the amount of market share or traffic you want to gain. In most cases, we can set up an aggressive campaign for under $250 a month. In high demand industries, we have clients that spend upwards of $2,000 a month to maintain the high level of incoming calls and traffic they want. Speak with an advertising expert to determine where your business fits.

How long does it take?

Our SEP clients enjoy our lightning fast speed. We can take most clients from the last page of Google, to the first in a couple of hours! While search engine optimization companies can literally months or years to get you within the first 10 or 20 pages on Google, our SEP services get you there virtually instantly.

Website development typically takes about 30 days, however, complex websites or content rich sites can take a bit longer.

What kind of contract do we have to sign?

None! This is a month to month agreement. With better than a 90% customer retention rate, we don’t feel the need to lock you into any lengthy contracts.

How do I get started?

It’s easy. With minimal information from you, our experts will get your ads up and running immediately. It takes about 5 minutes to gather the information we need from most clients to get your SEP account setup. Call 360-606-5223 to get started.

Greetings Blog readers!  I am personally looking for a partner to joint venture with us on a small construction project in Long Beach, Wa.  The total cost of the project is $145,000 and it has just appraised (Finished appraised value) at $231,000.

I would be willing to split the profits 50/50 with the right individual.  The right individual will need to have the ability to qualify for financing on the project.  I can do the financing!  I currently have several thousand dollars invested in the project, and am looking for somebody to match that.

Please call with your questions at 360-606-5223.

Spring is in the air and as you may have noticed, contractors are pounding nails again! This is a great thing to see, as many of the building projects around my house have been sitting quiet for the last few months as I have been watching the plywood turn from bright yellow to grey from the winters beating.

I wanted to make sure the word was out. We still specialize in construction financing for small builders and owners who wish to build their own homes. Our signature product is our 5% down acquisition and construction loan. This loan is available as a stated income loan, and is very flexible.

Unlike most loan programs these days, credit scores as low as 550 can be accepted in most cases. Of course, not every borrower or project will qualify, so call me today for more information. It costs nothing to apply, and we can discuss the project or projects you have to see if they are a good fit for this exciting program.

As a mortgage professional and real estate investor in the Pacific Northwest, Travis Wolfe has been active in the real estate community since 1997. He provides residential and commercial real estate loans, as well as real estate investment coaching. He can be contacted by phone at (503) 367-1109 or (360) 606-5223 and online at www.whitewolfemortgage.com .

WhiteWolfe Mortgage is a branch of Axia Financial, LLC. Travis Wolfe 510-LO-38773

As the changes within the mortgage industry continue, we see an increased opportunity for private investors to lend on real estate deals. We are looking for individuals who want to earn a higher return on their current savings or IRA funds. WE HAVE DEALS RIGHT NOW, READY TO BE FUNDED.

All of our projects are solid, LOW LOAN TO VALUE (generally under 70%), projects in the local area. The terms on these loans generally consist of short term loans, secured with a first position lien (Mortgage and Deed of Trust) with interest rates in the 10-12% range.

We currently have first position loan’s that need immediate funding in the $25,000 - $5,000,000 Range.

Individuals who decide to lend privately tend to continue to lend over and over again, as the rate of return can far exceed the returns offered by banks in CD’s and Money Market accounts.

Below, is an example of a current lending need. Please call me at 360-606-5223 if you would like more details, or if you have questions regarding lending money privately.

Project Location: Long Beach, Wa

Project Type: Land Acquisition and construction of a 3 bedroom, 2 bath home (65% Loan To Value)

Loan Amount: $32,000 for land construction, $114,000 for construction costs (Construction loan is already approved, and a loan for land only can be accepted. Buyer will pay 2 points and 12% interest for a land only loan for a term not to exceed 3 months).

Loan To Value: Land valued as is at $45,000 (Current Appraisal on hand) Completed Project valued at $230,000 per full appraisal. Buyer has already paid for septic design, drainage plan, clearing permit and building permit, adding additional value to the land.

Notes: The construction loan that is ready to be funded is awaiting the final building permit. The lender will not fund the complete construction loan without the permit in hand ( a new requirement). The seller does not want to extend the sale of the lot by another 6 weeks (permit has been applied for and the county is currently 6-8 weeks out in issuing). The buyer is willing to pay a high interest rate of 12% to a private investor who will fund the lot loan until the construction loan pays that loan off in 8-10 weeks. Alternatively, the borrower is willing to pay a rate of 10% on the entire construction loan, if a private lender would prefer to lend on the entire project. The buyer has spent around $6,000 on this project to date. This means the buyer has almost 20% of the land purchase price invested already.

Other projects are available.

If you would like more information on private real estate investing, below are links to some articles I have found that I think will help you.

http://www.bizjournals.com/seattle/stories/2007/06/18/focus8.html

http://www.iraresource.com/articles/article0595

As a mortgage professional and real estate investor in the Pacific Northwest, Travis Wolfe has been active in the real estate community since 1997. He provides residential and commercial real estate loans, as well as real estate investment coaching. He can be contacted by phone at (503) 367-1109 or (360) 606-5223 and online at www.whitewolfemortgage.com .

WhiteWolfe Mortgage is a branch of Axia Financial, LLC. Travis Wolfe 510-LO-38773

This week, at our monthly Vancouver Real Estate Buyers & Investors group, we will have special guest Doug Casale, speaking. He will be discussing how to use your IRA funds to invest in real estate.

This is a very popular topic and I for one am really looking forward to hearing what he has to say.

As always, our meeting is very open and inviting. Each attendee will be given time for a 1 minute presentation to share your desires for this group, and to introduce yourself. If you have business cards, bring them along. While you are introducing yourself to the group, you may hand out your cards to network.

As always, you are encouraged to get the word out about the meeting.

Our goal for this meetup is to create contacts with other likeminded individuals. The more people you know, the better off you are! We all learn from each other in some way and we believe that sharing our experiences, asking our questions and mingling with likeminded individuals makes us better investors.

Please join the meetup and try to be as accurate as you can with the RSVP's so we can tell the venue how many we are expecting. View all of the details at http://realestate.meetup.com/356/ or by visiting www.whitewolfemortgage.com and clicking on the Vancouver REBI badge on the right hand side of the screen.

If you have any questions about this meeting please feel free to call me at 360-606-5223.

Travis Wolfe

360-606-5223

WhiteWolfe Mortgage
www.whitewolfemortgage.com

Meet fellow Real Estate Buyers and Investors near you! Come and discuss properties on the market, contracts, mortgages and anything else about land and real estate.

Individuals interested in the real estate market, investing, flipping, rehabbing or just plain curious are invited to attend.

The group is free and meets monthly.  We ask you to sign up or RSVP online at: http://realestate.meetup.com/356/

For mortgage professionals, there is a special group just for you!  Check out http://realestate.meetup.com/601/ and invite other mortgage professionals to join!

Over the last few weeks, we have seen mortgage rates slip even lower.  Applications are up, and interest in homes seems to be increasing at a steady pace.  Things are busy in our office again as people take advantage of this opportunity to purchase and refinance with record lows again.

Yesterday while watching the national news networks, I took note that it was predicted by various experts that the bottom in the real estate slump is here or in sight.  Experts commenting on the stock market also had positive remarks for the first time in months.

Here in the Pacific Northwest, we continue to see an active market compared to other parts of the U.S. and real estate professionals indicated that the phones are ringing once again.

Now is a great time to buy, as prices are fair and there are a great deal of people moving back into the rental market.  Investors with 10%-20% down are taking advantage of this opportunity by adding homes to their rental inventory.

As a local mortgage professional and real estate investor, Travis Wolfe (510-LO-38773) has been active in the real estate community since 1997. He provides residential and commercial real estate loans, as well as providing aide to persons facing foreclosure. He can be contacted by phone at (503) 367-1109 or (360) 606-5223. He is a licensed loan originator at WhiteWolfe Mortgage (510-MB-46427-46493)and is often available live at www.whitewolfemortgage.com

Pacific NW Tops the list when it comes to the best places to live and start a business.

Apparently, I am a list guy! I am blogging on 2 top 100 lists in the same day, but honestly this is interesting reading. I love the Pacific NW and now I have even more reasons to love it!

As a small business owner myself, I know the Pacific NW is a great place to live and operate my business. In fact, many of my friends and acquaintances are small business owners too.

Fortune Small Business and cnnmoney.com have compiled a list of what they consider to be the best 100 places to live and launch. Below, you will find a list of the 8 locations in Oregon & Washington that made the grade.

#1 Bellevue, Wa

#6 Portland, Or

#27 Bellingham, Wa

#40 Olympia, Wa

#48 Corvallis, Or

#77 Spokane, Wa

#87 Bend, Or

#96 Eugene, Or

I do, however, find a glaring omission to this list. Vancouver, Wa should be at the top. Vancouver affords small business owners some amazing benefits, the largest of which, is the absence of income tax. You have the proximity to downtown Portland that rivals most of the suburbs, with the absence of that huge tax. Sure, they do have a B&O (Business & Occupation) tax, but it is a mere fraction of the income tax we pay in Oregon.

Vancouver and the surrounding area (Camas, Washougal, Woodland, Ridgefield,) also house many of the people who work in the Portland area, placing a large volume of potential customers right in your backyard.

Now, for the disclaimer. I am not a tax expert, and this advice should in no way be taken as tax advice. I strongly recommend consulting an expert tax lawyer or accountant before making tax related decisions.

Click on this link to read the entire article.

Travis Wolfe operates WhiteWolfe Mortgage serving the Pacific Northwest. As a local mortgage professional and real estate investor, he has been active in the real estate community since 1997. He provides residential and commercial real estate loans, as well as providing aide to persons facing foreclosure. He can be contacted by phone at (503) 367-1109 or (360) 606-5223.

Once again, the Pacific Northwest gets a few well deserved nods in the top 100 best places to live list. This further proves we live in one of the greatest regions in the world!

The list contained the following Pacific NW locations:

11) Sammamish, Washington

18) Sherwood, Oregon

32) Lake Oswego, Oregon

63) Camas, Washington

69) Mukilteo, Washington

99) Silverdale, Washington

Mysteriously, Portland was not included in the list. Personally, I think all of our locations ranked lower than they should have, but maybe I am just biased!

Travis Wolfe operates WhiteWolfe Mortgage serving the Pacific Northwest. As a local mortgage professional and real estate investor, he has been active in the real estate community since 1997. He provides residential and commercial real estate loans and mortgages in Portland Oregon and Vancouver Washington and surrounding areas, as well as providing aide to persons facing foreclosure. He can be contacted by phone at (503) 367-1109 or (360) 606-5223.