It’s always great news to hear about successful real estate investors. The really successful ones have a great deal of business knowledge to learn from. Fortunately, they’re happy to share their secrets with prospective real estate investors. When I heard a story about Bruce Marks on public radio the other day, I thought he sounded like the ultimate real estate investor: smart, successful, and generous. He has devoted his real estate career to helping others find affordable housing.
Marks got his start in the business world working as a regulator for the Federal Reserve Bank in New York. Fresh from the MBA program at New York University, he had a lot of great ideas. From the beginning, he decided to be a champion of the underdog. After he left the Federal Reserve Bank, Marks took a position as a union activist for Boston hotel workers. He used his experience there to become the Executive Director of the Union Neighborhood Assistance Corporation in New York. The UNAC goes after predatory lending practices in New England banks. Before long, Marks made his department so big that he broke away and formed NACA (the Neighborhood Assistance Corporation of America).
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.
What’s so great about Bruce Marks’s business model is how fundamentally American it is: he’s saving people from foreclosure, and giving them the opportunity to live the American Dream of home ownership. The most well-received real estate gurus are the ones who like to share their wealth, which Bruce Marks has dedicated his entire company to. Because he has such great business intelligence, Marks enjoys great success, and his clients reap the benefits of his program.
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.
Marks got his start in the business world working as a regulator for the Federal Reserve Bank in New York. Fresh from the MBA program at New York University, he had a lot of great ideas. From the beginning, he decided to be a champion of the underdog. After he left the Federal Reserve Bank, Marks took a position as a union activist for Boston hotel workers. He used his experience there to become the Executive Director of the Union Neighborhood Assistance Corporation in New York. The UNAC goes after predatory lending practices in New England banks. Before long, Marks made his department so big that he broke away and formed NACA (the Neighborhood Assistance Corporation of America).
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.
What’s so great about Bruce Marks’s business model is how fundamentally American it is: he’s saving people from foreclosure, and giving them the opportunity to live the American Dream of home ownership. The most well-received real estate gurus are the ones who like to share their wealth, which Bruce Marks has dedicated his entire company to. Because he has such great business intelligence, Marks enjoys great success, and his clients reap the benefits of his program.
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.
-->
All posts