Released on = March 9, 2007, 8:55 am

Press Release Author = ProMedia Strategies, LLC

Industry = Real Estate

Press Release Summary = Noted real estate investor warns new investors to learn
about--and follow--the rules set down by their state regulators and the SEC.

Press Release Body = SPRINGFIELD, OH - Some real estate investors think government
regulators, including the federal Securities and Exchange Commission, are making
their lives difficult. Not so, according to Alan Cowgill, a nationally known author
and real estate investment trainer.

"The SEC is not the bad guy," Cowgill said. "They are looking for the bad guys.
They want legitimate business owners to prosper."

Cowgill recently addressed the subject of regulation in an article aimed at real
estate investors. While speaking all over the nation, Cowgill said he came to
realize that there is a lot of confusion about regulation, specifically SEC
regulations regarding private lending. Cowgill said the confusion arises because
each state establishes its own regulations and exemptions, bringing the SEC into
play when investors cross state lines with private lending such as buying a house in
one state with funds from lenders located in another state.

"Investors do need to know their state's rules, and they need to play by those
rules," Cowgill said.

As an example, he noted that he had an attorney research the regulations in his home
state of Ohio. Real estate investors there can acquire up to nine private lenders
without having to inform regulators, but if they go over the nine-lender limit, they
must file simple paperwork with the state. They also need to provide a disclosure
statement to potential lenders, they can't pool lender money without filing the
proper paperwork, and they can't use the word "guarantee" in their advertising. Of
course, regulations vary from state to state.

"Regulators really are very willing to help you if you just ask," Cowgill said.
"They just want you to comply with their regulations."

Cowgill offers a home study course in real estate investment through the website
www.privatelendingmadeeasy.com. He said his home study system is fully compatible
with all SEC regulations.

Alan Cowgill is a speaker, author, and real estate entrepreneur. He is president of
Private Lending Made Easy and the founder of Integrity Home Buyers, Inc., a real
estate investment company in Springfield, Ohio. His blog appears regularly at
www.privatelendingmadeeasy.com.
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Web Site = http://www.privatelendingmadeeasy.com

Contact Details = Contact:
Alan Cowgill, President
Telephone: 1-866-831-3540
Email: mkt@integrityhomebuyers.com