Real Estate Investing gurus have been peddling websites since the very beginning ranging anywhere from $30-40/month upwards of several $100 per month with sign up fees ranging from “waived with a one year contract” to “$3000+”.
And here’s the kicker, most of these sites are TERRIBLE.
Most of these real estate websites don’t do anything for the investor whatsoever. (Click Here to watch our recent training video on local real estate website traffic)
I can’t tell you how many people I know have bought these websites, spent thousands on them, and have never received so much as a single lead.
The problem is this… MOST of the people selling these real estate investor websites don’t actually know anything about driving real buyer and seller leads, letalone on a local level, which is (a) more effective, and (b) less expensive.
We’re going to focus on setting up a LOCAL real estate investor website [Click to Read the Full Article…]
tagged as adwords, cal, computing, cpanel, domain name, domain name system, domain names, fantastico, investor website, investors, local real estate, real estate, Real Estate Investing, real estate investor website, real estate websites, web hosting, wordpress, world wide web Posted in General
REO investing is moving faster than a speeding bullet!
Over the last few years, many areas throughout the country were flooded with foreclosures that sat on the market for 1, 2, even 3 years; finally forcing the banks to complete the foreclosure process and take the properties back…hence making them REOs.
If you haven’t yet added REOs to your investing business, you are really missing out on a huge goldmine that is just starting to gain momentum.
In order to be successful, however, it’s critical to begin finding buyers for a successful REO business.
Here are 5 fast ways you can find buyers to build your REO Buyer’s list. [Click to Read the Full Article…]
tagged as Business, Buyer List, Buyers, Economics, Real Deals, real estate, Real Estate Deal, Real Estate Investing, Real Estate Investor, Real Estate Investors, Real Estate Success, REO, REO Property Posted in Finding Buyers, General
With the recent economic crash felt ‘round the world, it’s never been more important to diversify. You need to introduce multiple streams of income… In other words, diversify your income streams… your investments… your businesses… It’s just how business is going to operate in the new decade.
You’ve got to have a number of ways to bring in money or you’re going to be left holding the bag one of these days.
Several years ago, the phrase “Multiple Streams of Income” gained significant popularity through seminars, events, and tele-trainings. The company essentially taught that there were 4 ways to make money:
- Real Estate Investing;
- Infopreneuring;
- Internet Marketing; and [Click to Read the Full Article…]
tagged as Business, business opportunities, Economics, finance, financial economics, income, income multiple stream, income streams, investment, Multiple Streams of Income, real estate, Real Estate Investing, stock market Posted in General, Mindset
I just spent the last week with my “mastermind” team, or my network of people that help me grow our business. And while I was there, I lot of questions came up about referrals, partners, etc. Now, this wasn’t a “real estate” group per se, but we definitely share our resources.
On the plane home, I got to thinking about networking in real estate. There aren’t as many mastermind groups out there. Plus, the cost to enter can be out of reach for many (this one cost me $16,000). So, I thought that since we’re just getting going into 2008, now would be a great time to evaluate our businesses and who’s on our team. So, I decided to post this article..
Here’s a short list of people that you need in your real estate business:
… Accountants
… Attorneys
… Private Lenders
… Rehab Lenders [Click to Read the Full Article…]
tagged as flipping properties, make money in real estate, Real Estate Investing, renovating houses Posted in General, Mindset, Real Estate Training, Useful Resources
Every time you turn on the news, it’s doom and gloom for real estate all around the country.
And certainly… the news is not good by and large throughout most of the country, BUT… believe it or not, there are pockets that are alive and doing VERY WELL, just like when most of the country was in vertical growth, there were pockets with record foreclosures!
The key is being able to know where those markets are BEFORE everybody else does.
Let’s look at what could happen if you found the markets before your competitors did?
Okay, so the media is telling everyone how terrible the market is. Homeowners are hearing this and realizing that it’s not going to be easy to sell. Plus, with the mortgage industry as it is, financing is going to be harder and harder in the months and years to come. So… we’re talking MOTIVATED sellers. And no news outlet in their right mind would actually say that a particular market is booming! [Click to Read the Full Article…]
tagged as real estate, Real Estate Investing, Real Estate Market Posted in General, Real Estate Trends
Everywhere you turn, there’s a media frenzy stitched with doom and gloom about the real estate market.
Sure… we’ve all heard it… It’s a buyer’s market! But it seems like buyers don’t want to pull the trigger… they’re “waiting” to see if we’re truly at the bottom of the market. They’re waiting to see if the feds drop interest rates again. They’re waiting to see if there’s a better deal around the corner. The point is… they’re waiting! And what you have a house to sell, it’s the last thing you want to contend with! You want a ready, willing, and able buyer to put a contract of your property and show up to closing!
The good news is… that buyers (in some markets) are starting to get the picture. In fact, just in the past 2 weeks, I know of 2 stories where people lost out on a home because they thought the selling side was calling “bluff”. The key is to really have a deal that a buyer simply can’t refuse.
Here’s a simple strategy to get a flood of potential buyers through the door and potentially have multiple offers on the table in no time at all. (Keep this in mind when you’re making your offers on wholesale properties too!!! This model will keep you turning properties no matter WHAT is going on in the market). [Click to Read the Full Article…]
tagged as Real Estate Investing, real estate sales Posted in Finding Buyers, Marketing
I know that rule #1 in real estate is not to get attached to a piece of property! However, when it’s your own home, the rules change! And that’s what happened to me.
I bought my home in Coral Gables back in 2003 and absolutely fell in love with it. It was an old spanish home with unique architectural elements and it was absolutely perfect for me. In fact, it even had a converted carport that I used for my office so that my work didn’t creep into my entire living space (as it has in my new home!)
In 2005, I bought another house… This time, in West Palm Beach a block from the water. The house itself was not my dream house, but I loved the location. I could even put my own sailboat in the water at the end of the street (which I never got around to). I decided to move to West Palm Beach because I was doing more real estate in the area and didn’t want to keep both houses as active residences. I did go back and forth for the first 18 months and just didn’t want to do it anymore. So, I rented it for just about a year and a half. [Click to Read the Full Article…]
tagged as Real Estate Investing, Real Estate Investing Strategy, Vacation Rental, VRBO Posted in General, Marketing, Mindset, Real Estate Training, Real Estate Trends
My top 2 questions used to be:
-
- How do you find motivated sellers?
- How do you get started with no money or credit?
Now… my single biggest question – hands down – is “How do I find buyers?” Whether you’re looking for wholesale buyers for your quick flips or you’re looking for retail buyers (or renters) for your existing properties.
My partner, Brandon, is working on a comprehensive book with all the tactics and strategies we use to find buyers (we were actually out today with 2: one for a million dollar property and another for a $300,000 property) And they were “end” buyers.
So, how do you go about finding these people? We do all sorts of things like: Craigslist (see November’s Real Estate Rant for specifics on Craigslist), Bandit signs, MLS, open houses, etc. However, there is one tactic that very few people know about, let alone talk about. And that is individual property websites.
Sure, there are lots of places you can get a “property” website put up for you, but the sole purpose of this website is to sell a particular property. You are not a Realtor trying to appease a seller. You are an investor that wants to move a piece of property. So, it is essential that you have a very clear way – and reason – for people to contact you. So, let’s talk about how to do that…
[Click to Read the Full Article…]
tagged as Google Adwords, Property Sites, Real Estate Investing Posted in Internet marketing, Marketing