Real Estate Investing | Real Estate Training | Property Investing | How to Invest In Real Estate

More and more investors and real estate agents are using attorneys and negotiators to get their deals done.

It’s the perfect answer to the “I don’t want to deal with banks and short sales” issue. OR IS IT?

If you are a homeowner trying to get a short sale approved on your home, whether you’re a homeowner or an investor, you might want to think twice about the hands-off negotiations. There are far too many people that over promise and under deliver. Continue Reading

There’s good news and bad news about short sales!

The good news is that if you can follow a checklist, you can submit a short sale package to the lender.

The bad news is that the checklist of documents can be daunting to say the least!

The best advice is to contact the lender prior to submitting your package to get their list in the event they have additional requirements, want specific components on their paperwork/letterhead, etc. Each lender is different, so it pays to take a few minutes up front to get Continue Reading

When you’re flipping houses, it’s critical to be able to evaluate deals quickly and effectively.

One of the most important characteristics of successful real estate investors is their ability to take fast – and massive – action. And the one thing that holds people back in real estate is FEAR of taking the wrong action! In the next step, I’ll cover how to create RISK FREE contracts 100% of the time that actually get accepted, so no worries there… but for now, understand that you have to be able to quickly evaluate deals or else someone else is going to snatch up all the really good deals before you have a fighting chance.

So, for right now, I’m going to cover Continue Reading

The only real solution for real estate investing mistakes is consistent action! You’ve got to stick with it and realize that part of learning process. You WILL make mistakes… and you will continue to make them for as long as you choose to invest.

The key is to learn from each and move on. Add it to a policy and procedure manual so to speak! And avoid that particular real estate investing mistake in the future!

When I first started in real estate, I would document every real estate deal in detail. I would be sure to document: (1) What went well, (2) What didn’t go well!, Continue Reading

The key to finding real estate buyers is knowing exactly who you’re trying to pinpoint. The biggest reason investors (and even Realtors®) have a hard time when it comes to finding real estate buyers is that they simply believe in the concept of casting the widest net and hoping for the best.

While this may seem the most logical way to find real estate buyers, it’s actually putting you at a disadvantage. You need to focus on a specific type of buyer so that you can speak directly to his/her wants and needs in the homebuying process.

There are dozens of “types” of real estate buyers our there, but for the sake of STAYING narrow, in this article, we’re going to focus on the first time home buyers. Continue Reading

Real estate videos are getting easier and easier to produce… and cheaper and cheaper to create. Most people are familiar with the virtual tour type of real estate video where you can see a 360 tour of the property.

However, the virtual tours of the 90s and early 2000s are getting outdated fast, not to mention, they distort the property.

In this article, we’re going to talk about a different kind of real estate video: The Talking Head. (For more information on property videos, see the article entitled “Real Estate Video to Find Buyers”). Continue Reading

One of the biggest keys to success with potential buyers in a buyers’ market is the perception that they are “getting a deal”. Using an auction, whether going through an auction house or conducting a silent, private, auction on your own is a great way to give potential homebuyers the perception of a great deal!

NOTE: Be sure to check with an attorney in your area to make sure that you have all of your legal requirement in place to protect yourself when you’re selling through a home auction.

If you were to poll a group of motivated homebuyers and ask them; what is the most important thing they are looking for in a purchase, you would think maybe it would be the number of bedrooms, square footage or location, when the reality is they just want to know they are getting a deal. Sure, the other criteria is “part” of the equation, but the “deal” is the clincher! Continue Reading

Real estate video is becoming more and more popular whether you’re talking about property videos or talking head videos to establish trust and credibility.

Now, we’re not talking about the Virtual Tours Realtors® were using in the late 90s and early 2000s. What I’m referring to here is creating real estate videos and posting them to sites like YouTube.com and Vimeo, among others.

With the increasing popularity of these types of sites, it’s impossible to deny the power of video, especially given research that shows between 84%-93% of all buyers start their search online! And of those, you increase your chances of buyers looking at YOUR property when you have a virtual tour, video or slide show. Continue Reading

When you’re flipping houses (aka wholesaling), aside from finding a motivated seller with equity, the most important piece of the puzzle is the ability to find buyers. Here’s a strategy that will show you how to sell a fixer upper (that you currently have under contract) THIS weekend!

This will work if you’ve got a property under contract that you need to wholesale OR if you’ve got a fixer upper you’ve already closed on and you simply need to find a buyer fast. In either case, we’re going to assume that you’ve got to find a buyer, and you’ve got to find a buyer FAST!

One of the most successful ways to flip a house is to hold an “event”. This type of event is going to be a little different Continue Reading

There’s no doubt that to be successful in real estate you need a website, a property website, in particular if you’re looking to sell a deal. Property Websites are popping up all over the Internet and for good reason: They are an effective way to get people to view your properties as well as interact with potential buyers all over the world.

There are lots of companies and services that are selling websites for individual properties. You basically go and buy a domain name (i.e. 1234MainSt.com) and they allow you to use one of their templates and host the site for you.

Although this isn’t a “terrible” solution for a property website, it’s not the best alternative. You can get a property website that is more effective, better optimized, and less expensive. Continue Reading