December 9, 2013 in Forms, Investing In Real Estate, Makeover Monday, Videos
I remember the time when I was first starting out, and I didn’t know how to talk to a seller without sounding like a complete newbie. It was always my biggest fear that they would realize that I had no clue what I was doing. In my mind, I may as well have had a sign around my neck saying, “I haven’t done a single deal”.
In reality, with just a little help you can sound like a confident pro on the phone. Read the rest of this entry →
November 26, 2013 in Makeover Monday, Marketing, Videos
You are probably wondering why this “Makeover Monday” happens to be coming to you on Tuesday. Well after several days of constant technical issues and no internet, I think the problems are finally resolved. Even though today just happens to be Tuesday, I’m finally able to get this issue of Makeover Monday posted.
Today’s topic is “Bandit Signs”.
Bandit Signs have always been controversial. Folks either love them or hate them; there doesn’t seem to be any middle ground when it comes to this topic. But the fact remains Read the rest of this entry →
November 18, 2013 in Makeover Monday, Marketing, Videos
Today for my latest episode of “Makeover Monday – Baby Steps to Success” I wanted to talk about the broad topic of marketing, and specifically the two very different marketing strategies; targeted marketing and shotgun marketing.
Both of these strategies are used successfully by real estate investors in their businesses, but it's important to understand that they are very different and you can expect different results with each one of them.
What Exactly Is the Difference?
Targeted marketing is all about one on one activities. It is specifically directed toward sellers and (hopefully) motivated sellers.
Shotgun marketing on the other hand Read the rest of this entry →
November 11, 2013 in Investing In Real Estate, Makeover Monday, Videos
In today’s video I want to talk about absentee owners.
I love working with absentee owners. In fact it is one of my favorite niches because over time many of these folks will become very motivated to sell their property at a deep discount. It will just get to be too much trouble to manage a property so far away from where they live.
In this video I will talk about:
- The difference between in state and out of state absentee owners, and which ones I like to work with
- How folks sometimes become absentee owners (by accident)
- What the “PITA” factor is
- And how long you should send direct mail to these folks (there is a specific length of time)
I hope that if you aren’t already working with absentee owners, you will see the many advantages of working in this niche. This is another niche that I like to say has the “low hanging fruit”.
November 4, 2013 in Makeover Monday, Probates/ Probate Investing, Videos
There are a lot of reasons to love probate investing. This is one of the niches that I like to say has the “low hanging fruit”. What do I mean by that? These are folks that are almost always motivated to sell the property; they just don't want it. They only want the cash!
I have put together a list of what I believe are the top 5 reasons to love probate investing, and why you should want to work in this niche.
October 28, 2013 in Makeover Monday, Videos
Real estate investing is a broad topic. So when we talk about “niches”what exactly are real estate niches and why should you choose to work in a particular niche?
Working in specific real estate niches allows you to narrow your focus and better target your marketing. This gives you a better chance of connecting with a motivated seller.
What Are Some Popular Niches?
- REO's or bank owned properties
- Absentee Owners
- Free and clear properties
In today's video we will talk about real estate niches.