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Tag-Archive for "real estate training"

THE Real Estate Investing Secret Jan 25

I have no idea how you got to this site.

A friend might have referred you hear. You might have read about it in a news publication. Maybe you just stumbled upon it through a search on a search engine.

But, however you got here, you have arrived at what is the most valuable real estate investing secret on the Internet.

Here’s why: The real estate secret is a simple secret that when understood and applied, will help you to buy and sell more houses without frustration in only a couple of hours a day, with more success and spending less time on it than most investors do all month.

What is The Real Estate Investing Secret?

It’s not no money down deals.
It’s not finding partners to invest with you.
It’s not flipping homes.

It’s not owner financing deals.
It’s not long term investing or short term investing.
It’s not location.

If that’s all you think that THE Real Estate Investing Secret is, then you should be scared.

When you know the real estate secret, it won’t matter if more…

Lease Option Secrets Jan 20

What is A Lease Option?

A lease option is a real estate strategy where you “lease” the property from an owner with the “option” to exercise your right to buy at any time during your lease. You don’t have to exercise that right, but you can.

The KEY to using this as an investment strategy is to make sure that your agreement allows for you to sublease the property out.

Using the Lease Option as An Investment Strategy

In this case, you won’t really be able to do deals on homes where they are more…

Seller Financing Secrets Jan 19

What is Seller Financing?

Seller financing is simply the art of getting a seller to finance a real estate deal. In this case, the seller is the bank.

They will negotiate a down payment (if any), they will allow you to make payments to them at an agreed upon rate and length of time, and you can even negotiate the interest rate (if any).

Have you noticed the theme here? Everything is negotiable and there is NO banks involved?

That means you don’t have to go through a mortgage approval process.
That means you don’t have to make large (if any) down payments.
That means you can find rates and terms that make sense for both you and the seller.

What is really cool is that the time in which you can get one of these done is a couple of hours to a couple of days. That’s it!

Yes, you could start looking for a house in the morning and by the end of the day, own it without going down to a bank and signing personally for a loan.

This is what makes owner financing so powerful, so amazing, and a strategy that you’ll need in your portfolio of offers.

How To Use Owner Financing As An Investment Strategy

The purpose of this strategy is NOT to more…

Work Less Than 4 Hours A Day Using The 80/20 Rule Jan 18

To complete the 22 month retirement challenge, I have to be productive.

I don’t have all day. Actually, I won’t work more than 4 hours a day, 4 times per week…And many days, it’s less than that.

Why?

For 2 reasons:

  1. It forces me to be more productive. I know that I only have 4 hours to work… But yet, I know that there is a certain amount of work that just has to be done in order for me to be successful in this challenge.
  2. I want you to feel and know that you can do this too. I want you to know that if you can find a few hours per day, that you can realize your dreams.

How To Get More Done Using The 80/20 Rule

The 80/20 rule simply means that 80% of all your results will come from 20% of your activities.

So, if you focus your efforts on 20% of the activities that produce the 80% of results, you’ll get the most results in the least amount of time.  Thus, you’ll make the most amount of money in the least amount of time.

As you grow, you can outsource work to other people and companies to help you grow even more, and all the while, doing a little less work.

Learning to be productive is Critical to the success of your business.  Learning to do the most important activities in your business firstly and consistently will ultimately determine whether or not you succeed.

What Are Your Most Important Activities? more…

Simultaneous Closings: NEVER Bring Your Money To Close Jan 15

No money down real estate investing!

It’s all over the infomercials.
It’s all over the book stores.

…But they don’t really tell you how to do this, or why it’s really so powerful and that it should be crafted so that the sellers do get money…It’s just not yours.

Remember, I told you that I am not going to be putting myself or you at risk when investing in real estate. This is one of the most important rules we have.

One of the biggest risks is investing a lot of money into a deal. There’s just no need for it!

So, how to you get around it?

One of the best ways is with a simultaneous close.

What is a simultaneous close?

It’s a close where you buy and sell a property at the same closing. You sign the papers to buy the house and then, you sign the papers to sell the house right after.

Why is this powerful?

Because it eliminates the more…

A Lesson From Jason Loucks – The 7 Day Sale Guy Jan 14

I have read a lot of Jason Loucks stuff.  He is a phenomenal thinker and real estate investor.

There is one thing he said once that has stuck with me:

“Rich people aren’t average”

…and then, he goes on to say that he wants to teach you to learn to not be average.

When you think like an average person, you act like an average person, and you become average…

…And like he said, average people aren’t rich.  So, in order to become rich and to live your dream lifestyle, you have to more…

How To Find Buyers Before You Have A House To Sell Jan 13

I remember when we first did this little real estate investing test.

It resulted in almost 90 different buyers calling to buy a house that we didn’t even own.

You see, we ran an ad for a house that we didn’t own or have in contract.  Actually, we hadn’t even call to try and buy one house at all yet.

This helped us get over our fears of finding buyers for houses that we get into contract.  Finding houses to sell is NOT the problem.  It’s having an exit strategy…. a way of getting rid of the house quickly and without risk.

What Did We Do?

We ran an ad for an “Investor Special, Cheap, Cash” and the ph #.  Over the next week, the calls just kept coming in. Most were on the Sunday the ad hit the paper, but there were a lot on Monday and they tapered off, but we did get calls the next week even.

We then categorized every person that called in an A pile, a B pile, and a C pile because when we did have a house for sale, we wanted to be able to contact these investors without ever having to run an ad….

…We wanted to make the best use of our time.

We classified these investors into A, B, & C pile investors because we didn’t want to call a “buyer” if they were not going to be able to buy. I don’t want to waste their time or ours.

So, how did we classify these investors (home buyer leads)?

We asked them several questions, but these were the 2 main qualifying ones (ones that would determine if we could do business together now or in the future):

  • How quickly can you close?
  • What is your price range?

The thing is, I knew that if the investor told me they were going to take more than 2 weeks to close, I was dealing with the wrong type of investor.  It doesn’t take that long to close if you have the goods.  It shouldn’t take longer than 14 days tops.  So, they got put in either the B or C pile.

How To Use This Same Idea To Get Lead Buyers and Owner Occupant Calls more…

New Real Estate Investing Sites Launched Jan 11

I believe that in order to dominate my market, I have to be everywhere.

People need to see you as the expert.  You want to be everywhere they go.  Plus, I believe that the Internet is the perfect place to reach your target market as an investor.

A successful broker in Dallas once told me that 80-92% of all people who are looking to buy a house now search the Internet at some time during their process, looking for a deal, and that right now is the perfect time for bringing your investing business online.

So, because I believe that the Internet can be a powerful player in this challenge and in any real estate investor’s marketing methods, one of the first tasks I took on was to create 2 quick, little sites.

Now, they only took me about an hour or so to create a piece and they are not pretty, but I believe the payoff will be well worth it.  These sites will help me capture online, motivated and interested prospects and will increase the amount of overall business we do.

You’ll notice that the ONLY purpose of the sites is to more…

NO Risk Real Estate Investing Jan 10

One of the BIGGEST FEARS of people wanting to invest in real estate is they feel that there are big risks.

Are you afraid to invest in real estate because of the “risk” involved?  Would you invest if those risks didn’t exist?

Here’s 5 rules to remove all risk.

I “ain’t gonna” lie to you.  There are risks involved when investing in Real Estate, but NOT if you follow these 5 rules:

  1. Don’t write big check, don’t lose big check. (I think Ron Legrand said this.)  This is so valuable and will save you a lot of money, time and headaches.  Let me ask you this, if you never had to put up more than $10 of your own money would you consider that a huge risk?  Well, you can invest just that way.  There are so many opportunities and strategies that allow you to tailor investing to your situation.   If you don’t write a big check, you won’t lose a big check…right?  Then, what’s stopping you from investing now?
  2. Close all deals with a title company or an attorney. If you do this, you won’t have to worry about any legal problems because the title company or the attorney will make sure all the correct documents are present to close the deal.
  3. Buy each house with a separate land trust. This more…

Is FEAR Stopping Your From Investing In Real Estate? Jan 08

Most people never get started or get off the fence because they let fear stop them!

Fear stands for:

False
Evidence
Appearing
Real

The FEAR that most people have about investing in real estate most of the time is for no reason.  They’re are afraid for no reason.

What are some of your fears?

I don’t have enough money.
I don’t have high enough credit.
How can I find houses?
I don’t want to get stuck with a house I can’t sell.
I am scared of the legal ramifications of buying and selling homes.
What about taxes? I don’t know what to do?
How do I fill out that real estate contract?
I just don’t know what to do…

You’re afraid of the unknowns!

…How that conversation is going to go with more…