March 3, 2017 in Investing In Real Estate
One of the most common complaints today is that it’s hard to find good deals. No matter where you are located the complaint is still the same.
If what you’re currently doing isn’t working as well as what you would like, you have to do something different. Let’s take a look at some ways you can find good deals.
1. Look Somewhere Different
Where are you looking for deals? Are you looking in the same place everyone else is looking? It’s tough in most areas if your only source of deals is the MLS, Craig’s List and other online sites that have a lot of competition.
If you focus on off market deals you will have much less competition. Read the rest of this entry →
September 12, 2016 in Videos
Finding and using tools in your business, is a great way to streamline things. There are hundreds of uses for “If This Then That”, but today I wanted to give you a quick lesson on using “If This Then That” for scraping Craig's list.
What do I mean by that?
One way to find discounted properties is by looking for them on Craig's List. However, that takes a lot of time out of your day. Before you know it, you have spent an hour or two cruising around the site. With “If This Then That” (AKA IFTTT), you set up what you want to search for and let the app do it for you.
What Should I Set Up?
If you looking for discounted properties, you want to look for search terms like these: Read the rest of this entry →
September 10, 2012 in Investing In Real Estate, Marketing
Direct Mail “Marketing 101”
I was speaking to a fairly new real estate investor recently, and she said she was very disappointed with the results of her absentee owner mailing. She told me that she had sent 200 out mail pieces and had only gotten 10 calls, none of which had turned into a deal. My new friend thought this was a terrible result. I pointed out to her that this was actually a 5% response rate which wasn’t bad at all for a first mailing.
When I questioned her further, she told me that she had only mailed these folks once and that was over two months ago. One mailing and she had already given up. For the next hour or so, over a cup of coffee we had a class in “Direct Mail Marketing 101”.
It’s A Numbers Game
You have to start with the resources you have, and if you can only afford to mail to 200 people Read the rest of this entry →
March 29, 2012 in Investing In Real Estate
Every real estate investor has their favorite ways to find those great deals deals. I like direct mail marketing. After using it for a long time, it has proven to be very effective for me. Bandit signs can be very effective, but personally I find that they are just cumbersome to put up and the local code officials in so many areas give you problems with those signs. So what are some of the best strategies? And, what are some free or low cost strategies?