Having a full time job and trying to start up a real estate investing business is not an easy thing. Lack of time is a huge problem for sure, but with enough dedication and time juggling skills you can make it work. It’s sort of like a jig-saw puzzle that contains multiple pieces that fit into the same spot. If say on Wednesday night you usually go to a real estate meeting and it was cancelled, what do you do? …
Bandit signs are not my favorite form of marketing for a couple of reasons. Having to get up early in the morning or doing them late at night doesn’t appeal sync with my body clock to well. Also I don’t like the constant fear of being fined by the town. With those things being said I still hang signs because it has been proven to work. All Over The Place For the most part, my partner and I tried to …
As I mentioned late last week, I did a phone interview with Steph Davis about my first wholesale deal. It went down Friday afternoon and after some editing to make me sound good, Steph officially posted it up on her blog. Here is the link…. I would like to say that I couldn’t have gotten my first deal with out my partner. The negotiations fell squarely in his lap on this one. Job well done my friend!
My partner and I are looking for some advice to take on this peculiar situation. If you have ever dealt with something like this I’d love to hear how you handled it. As of right now we aren’t sure what to do, but for sure we want to keep in touch with this motivated lead. So with out further explanation, here are the details… I spoke with a potential seller today. He is definitely motivated, but not in a position to …
Last week my partner got a call from a lady who mentioned that she got our number from “a friend”. The call was a strange one because the lady did not want to give us any information about who she got our number from, only that she heard we are buying houses up in Trenton. I like a few things about this call, one of which is not the reluctance of the person to give us any information about who …
Have you ever read the blog Flip This Wholesaler? It’s authored by Steph Davis who is a successful investor down in Tampa Florida. I’ve mentioned her blog on here many times and even met her in person a few years ago at a Steve Cook investing workshop. Needless to say if you are a wanna be investor, you need to follow her and learn from her experiences. Steph has a blog series called Success Stories. These posts focus on new investors …
When I first started sending out direct mail I got a terrible return. If I broke 1% that was a lot. Partly to blame for my poor success was that I was sending to pre-foreclosures which historically has a lot of competition and at best gets a 4% response rate. What I consider my biggest mistake was that I didn’t make my envelope stand out. Mistake #1 I first sent letters using click2mail service because it was easy. Upload your …
I am one of those people who gets excited about something new and can’t wait to get started. That excitement can carry me a long way into finishing that project. Over the years though I’ve found that I’m not very good at finishing things. I get about 80% done and my momentum and excitement go way down. This inevitably opens the door for me to get distracted by another project. As you all could probably tell from my 101 Goals, …
I have decided that I needed some time every month to catch-up on things that I’ve been putting off because they were less important (I.E. non-money making activities). These tasks are important to my overall goals, but didn’t need to be done right away. The only problem is that over time these items stack up and I have to relegate some time for them. So this is my catch-up week and I’ve been working on some of the following items… Resource Pages Over …
I am a man with little free time, but that could be said for anyone who is trying to break free from their day job. The only time we have is the evenings and weekends. That time is even further dwindled when you think about making time to eat, sleep, spend time with family and friends and emergencies. At most I’ve got 3 hours a night during the week and a couple hours on the weekend to get done all …
I am a man with little free time, but that could be said for anyone who is trying to break free from their day job. The only time we have is the evenings and weekends. That time is even further dwindled when you think about making time to eat, sleep, spend time with family and friends and emergencies. At most I’ve got 3 hours a night during the week and a couple hours on the weekend to get done all …
I am a man with little free time, but that could be said for anyone who is trying to break free from their day job. The only time we have is the evenings and weekends. That time is even further dwindled when you think about making time to eat, sleep, spend time with family and friends and emergencies. At most I’ve got 3 hours a night during the week and a couple hours on the weekend to get done all …
Have you ever heard that it takes an average of 7 contacts with a lead before you get through to them? I have no idea if that is actually true, but I’ve heard it so often that I tend to believe. My personality is that I don’t want to bother or annoy people and sending out 7 mailers to someone would seem to be doing just that. How many of you feel the same way? and has it stopped you …
In one of the books I read over my vacation, it was suggested that I take the time to write down the 101 goals, wants and experiences that I’d like to achieve over the rest of my life. There are a lot of things for sure, but I’ve never really put them all down in a list. Below is my attempt at doing this. The items are not in any order of importance, they are just the order that came …
It’s Wednesday and I’m happy to say I’m right on track with my mailer goals so far. I’ve got 58 letters sitting in my car ready to be mailed out at lunch time. The getting back up to speed part of the week is now over and I’ve got to kick it into high gear if I’m going to get another 150 letters done by Friday evening. I’ve identified two towns that I’m going to pull Out-of-State owner lists from …