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How to Find Real Estate Buyers

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The key to selling a house in any market is finding the right buyer.

Just a few short years ago, buyers for real estate deals were crawling out of the woodwork, and finding motivated sellers was the challenge. Now, motivated sellers are a dime a dozen, and the challenge lies in how to find buyers for real estate.

In order to sell your property, the most important thing is to determine who the ideal buyer actually is. Now in this article, I’m not referring to the psychographics of buyers, but a specific “type” of buyer.

To find buyers for every real estate deal, you simply need to figure out which of the 5 types of real estate buyers your house most appeals: Continue reading →

Real Estate Trends Investors Need to Know

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If you’re serious about investing in real estate in the current market, you need to know what’s going on and stay on top of the real estate trends.

The bottom line is this: The business of real estate is changing at a lightening – and unprecedented – pace!

Never before in our industry history have we seen such rapid changes in, not only the market, but also in legislation, rules and regulations, technology and tools, and anything else you can think of for that matter.

Now don’t get me wrong, we have definitely seem some ups and downs in real estate over the years, but nothing like what we are seeing now industry-wide. It’s not just property values anymore that we’ve got to pay attention to. Continue reading →

Choosing Your Domain Name & Setting Up Hosting

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This was actually REALLY cool!

As I was creating the first training video, I went through the EXACT same process I teach you live (and without prior research). And I just happened to use Austin as my local area search criteria. I wound up finding the domain “houseaustin.com”. Now, I know you’re probably thinking, “that sounds kind of stupid”, BUT, there are over 100,000 searches on that keyword term a month, and 40,500 on the specific phrase. Now, from an SEO standpoint and traffic standpoint, there’s some stuff we can surely do with it ;-).

I always have people that get bogged down or overwhelmed with some of the basic elements required to get websites up and running. So… I’ve gone ahead and put together 3 specific videos on: Continue reading →

Local Real Estate Investor Websites: Why You Need One…

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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 Continue reading →

Indymac, One West Bank, and FDIC

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You may have already seen this… but they’ve done an update which is PRETTY interesting!

Now, I don’t normally post YouTube videos and such, but this is one that I think we all need to pay attention to since it directly affects our business.

There’s more to this story and I’ve got quite a few “thoughts” on it myself (I actually went to Indymac Bank several years ago to discuss a loan. It had a prepayment penalty on it and we just thought we’d see if they could do anything BEFORE everything spun out of control). They literally refused to even speak to us. Sure, you can say that thy didn’t have to, the person had signed the note, and agreed to it.

That they did… but when everything hit the fan, they lost their house and wound up walking away. Had Indymac WORKED with them way before there was an issue, the homeowner would still have the house and the bank wouldn’t have had another bad debt.

But then again… maybe they had different motives 😉

I’d love to know what you think about this and your thoughts… This is a GREAT discussion point and also can open a lot of doors for you to talk with homeowners and experts on the topic.

5 Ways to Use Realtors for Your REO Investing Business

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REO properties are proving to be the true deals in our current market. Why? The banks have already gone through the expensive foreclosure process and are simply looking to get rid of the property; which can be a very good thing for you.

One of the very best resources you can have to help you grow your REO investing business is an experienced REO Realtor. Below are 5 ways you can utilize REO Realtors to help not only grow your REO investing business, but also do a lot of the work for you Continue reading →

Bandit Signs 2.0

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Part I of 9 (9 Ways to Find Buyers In Today’s Market)
In this series, we cover 9 effective ways to find buyers in TODAY’S Market.

Alright! I know you’ve heard about these little signs before! Some people hate them and other people swear by them! But, opinion doesn’t matter…. THEY WORK. PERIOD.

Unfortunately, most people only use bandit signs to find motivated sellers and neglect this inexpensive little tool entirely when it comes to finding buyers. I can tell you that we personally sell more than 35% of all of our properties on bandit signs alone. We actually use them about 75% of the time to fill our rental vacancies.

There are some substantial benefits that bandit signs offer including: Continue reading →

Real Estate Outsourcing: Is This Why You're Not Successful?

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Last week, I was on a coaching call with one of our students… and the light bulb went off in my head. It was that “ah ha” moment. I finally really understood one of the 3 main reasons people are not successful in real estate: Not Taking Action. Truth is, it’s a huge cause for failure in lots of ‘biz opp’ strategies.

It’s what I’ve since defined as the “outsourcing virus”.

This student wanted to know what he could do to get money coming in NOW.

Here’s what got me thinking… and why so many people are struggling in their businesses.

The student I was talking to had invested tens of thousands of dollars in real estate courses, seminars, and systems. Yet, he was still struggling. (Do you know anyone like that?) Continue reading →

Multiple Streams of Income

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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:

  1. Real Estate Investing;
  2. Infopreneuring;
  3. Internet Marketing; and Continue reading →

Real Estate Blog

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Do you need a blog for real estate?

The simple answer is: Yes!

It’s not often that an answer in real estate is a definitive YES! But in this case… it’s cut and dry… it’s simple.

When I got started marketing properties online, there was no such “tool”. It was cumbersome, time consuming and mildly effective at best. But, with blogs, it’s become so simple to get up and running FAST.

Here are a few pointers to get you going with your own RE blog fast:

  • Buy a domain name (www.YourDomainName.com)
    You can do this at GoDaddy.com and or 1and1.com.
  • Set up a hosting account that has “cpanel with fantastico”
    Any hosting company should know what you’re talking a Continue reading →