Five Turkey Week Tips to Spice Up Your REI Facebook Marketing Some things never change – like the number of pounds of gravy and mashed potatoes we eat every Thanksgiving. But the Facebook news feed is a living, breathing challenge for every marketer. That’s why I’m bringing you five Turkey Week tips for spicing up your REI Facebook marketing. Why Did Facebook Change the Newsfeed Recipe? In September, Facebook changed its newsfeed recipe (or algorithm) to deliver more relevant posts in … [Read more...]
Five Turkey Week Tips to Spice Up Your REI Facebook Marketing
A Huge REI Opportunity on Facebook
A Huge REI Opportunity on Facebook My readers know that I’m a huge fan of advertising on Facebook, using Facebook for finding partners and deals and for promoting your REI business. However, this may be the biggest Facebook news to date. And it stands to be a hugely profitable service to real estate investors. Facebook is now allowing you to upload your own list of email contacts and you can have super-targeted ads display to your subscribers. This is a great service for anyone with a … [Read more...]
The Facebook Stalker: Real Estate Investors Need Thick Skin!
The Facebook Stalker: Real Estate Investors Need Thick Skin! Facebook is one of the great tools for real estate. Networking, selling, building buyer’s lists, and even advertising if you want to spend some marketing dollars. I’m on Facebook quite a bit and it has helped contribute greatly to the building of my business. When I stop and think about it, the real estate investor’s relationship whom I do the most business with was formed thanks to Facebook.However… as is the case with … [Read more...]
Launch of BiggerPockets Social Company Profiles: Features & Tutorial
Launch of BiggerPockets Social Company Profiles: Features & Tutorial In just over two weeks, we’ll be celebrating our 8-year anniversary here on BiggerPockets. Over those years, we’ve celebrated many milestones, and have seen quite a few new products come and go. We’ve learned from the countless mistakes that we’ve made, and have built a better, stronger company as a result. We’re able to do this because not only do we listen to the feedback that our users give us, but we also … [Read more...]
Four Facebook Marketing Tips You Might Not Know
Four Facebook Marketing Tips You Might Not Know Chances are you and everyone you know is on Facebook these days. The social networking site has exploded in popularity over the last 5 years or so. As a result, using Facebook for your real estate investment business is one of the smartest marketing moves you can make. You may already have a Facebook account, but did you know these four Facebook marketing tips? 1. The Newsfeed is Where it’s At According to Facebook, users spend about 40% of … [Read more...]
Using Social Media To Build Your Brand
Let’s face it: most real estate investors don’t have hundreds of thousands of dollars in their marketing budget. So social media is a great, cost-effective way to build your brand and generate awareness of your REI business. Choose and Commit There are so many social networking options out there, it’s easy to open an account and never log back in. But if you want to use social media to build your brand, you have to put in the time and commitment. So pick a few different platforms and … [Read more...]
REI: Avoid These Online Trust Damaging Moves
REI: Avoid These Online Trust Damaging MovesHave you heard about the Penny Arcade/Paul Christoforo story? If not, take some time to read about it. It’s the perfect example of how the Internet and bad business practices can ruin your reputation, trust and credibility in an instant. As a real estate investor, your online reputation is just as important as your offline one. Prospects may search for your business on Google, search for your name on LinkedIn or come across your PPC ads online. … [Read more...]
The Bigger Picture: Real Estate Investors and Social Media
The Bigger Picture: Real Estate Investors and Social MediaIn the past few weeks, we’ve talked at length about the use of social media by real estate investors. To conclude this topic, I’d like to briefly summarize the three main real estate investor benefits for joining and participating in social media networks: 1. Building Your Online Presence Nearly every company and business in the country has a web presence. Why? It’s been argued that having a web presence shows both legitimacy and … [Read more...]
A Real Estate Investor’s LinkedIn Plan
A Real Estate Investor’s LinkedIn PlanYesterday, I wrote about a simple five-step Facebook Plan for Real Estate Investors. Today, I’m going to give you a plan for LinkedIn. 1. Set Up Your Real Estate Profile The first step in your LinkedIn plan is setting up your account. For more detailed information on creating a LinkedIn profile, see my post Creating Your LinkedIn Profile. Be sure that your LinkedIn page is targeted towards those interested in real estate investing. For example:Add links … [Read more...]
The Real Estate Investor’s Facebook Plan
The Real Estate Investor’s Facebook PlanSetting up a successful Facebook business profile can be done in just five easy steps. Let’s walk through them. 1. Set Up Your Account The first step for your Facebook plan is setting up your business page. For more information on how to set up your page, see my previous article How To Create a Facebook Profile. Be sure that your Facebook page is targeted to those interested in real estate investment. For example, be sure to do the following:Complete … [Read more...]
What NOT to Do in REI Social Media
What NOT to Do in REI Social MediaFacebook and LinkedIn rules don’t do much to limit what you can do and say online. But that doesn’t mean you should do or say whatever comes to mind. Here are three things you should never do on your social media profiles. 1. Post Offerings or Direct Solicitations Remember, this is not the place to advertise your offerings or make direct solicitations. Instead, use LinkedIn and Facebook to build relationships with potential investment partners. Social media … [Read more...]
Using Facebook For Local Marketing
Using Facebook For Local MarketingFacebook is an excellent way to market your REI business locally. For example, you could:Advertise a flipped house or apartment. Advertise to find local business investors and partners. Raise local awareness for a community project you’ve started.And the list goes on. So how exactly do you market locally on Facebook? Here are three ways: 1. Paid Advertising For a detailed look at paid advertising on Facebook, check out my previous post titled “Advertising … [Read more...]
Are You Using Social Proof in Your REI Business?
Are You Using Social Proof in Your REI Business?Social proof is an excellent way to build credibility when marketing your real estate investment business online. So what is social proof and how can you use it? What’s Social Proof?Wikipedia says social proof is, “a psychological phenomenon where people assume the actions of others reflect the correct behavior for a given situation… driven by the assumption that the surrounding people possess more information about the situation.” In REI … [Read more...]
Why Real Estate Investors Should Use LinkedIn
Why Real Estate Investors Should Use LinkedInI recently talked about why real estate investors should join Facebook. Today I’d like to talk about why we should join LinkedIn. Stats About LinkedInDid you know that 75% of Fortune 100 professionals use LinkedIn as their primary recruiting tool? Facebook is the social network for everyone, but LinkedIn is the social network for professionals. In fact, there are 120 million professionals on LinkedIn today. The members are comprised of influencers … [Read more...]
Why Real Estate Investors Should Use Facebook
Why Real Estate Investors Should Use FacebookDid you know that 93% of adult U.S. Internet users are on Facebook? It’s true. Facebook, http://www.facebook.com, as exploded in popularity since it was launched in 2004. At more than 900 million active users, it’s important for any real estate investor to have a presence on Facebook. So how can real estate investors use Facebook in their business? Let’s look at three ways you can make the most of this free social networking tool. 1. Find … [Read more...]
Creating Your Facebook Profile
Creating Your Facebook ProfileCreating a Facebook, http://www.facebook.com, account is free and fast. But setting up your profile takes a little time and work. To get the most out of your Facebook account, keep these three tips in mind: 1. Profile vs Page Unlike LinkedIn, Facebook offers two different profile formats:Personal profile Facebook pageProfiles should be used for a single person (not a business). Worried about privacy? Facebook has created a new profile feature where people can … [Read more...]
Using Facebook Advertising to Super-Charge Your Real Estate Investing
Using Facebook Advertising to Super-Charge Your Real Estate InvestingUnless you’ve been living under a rock for the last five years, you know Facebook. You probably can’t go two hours without checking your wall, “liking” your friend’s comment, and laughing at a video of a golden retriever playing the piano (seriously, check that one out. I’ve put a link on my own Facebook page!)Additionally, you can’t escape the news of Facebook going public. On Friday morning, Facebook became a … [Read more...]
Tenant Screening Failure: How to Avoid a Similar Fate
Tenant Screening Failure: How to Avoid a Similar FateAs landlords we know that one of the most critical jobs we have is screening and selecting tenants. We know that if we get this part correct that our relationship with our selected tenants will be a profitable one.So, imagine that you have done your tenant screening job well. You collected references (landlords and employers) and checked them out. You inspected their current residence. You performed background checks. Everything … [Read more...]
How We Improved Our Facebook Ad
Recently we started running some split tests for our Facebook, http://www.facebook.com, real estate marketing ads, and one of the ideas we tried is known as the “Where In” campaign. In other words, this is a way to pull in traffic via Facebook by displaying an advertisement that portrays a local landmark, which visitors can guess at for a chance of winning a prize.After making some very simple yet extremely effective tweaks to the original copy, we were absolutely shocked by what we found. … [Read more...]
Marketing Myths You Need to Overcome for 2012
Marketing Myths You Need to Overcome for 2012Real estate marketing is easy if you spend just a little time with it and don’t believe the myths that you have to pay someone thousands upon thousands of dollars to create your website, write your mailers and generate leads. Let’s look at seven marketing myths you need to overcome for 2012.Myth #1 – You need a huge advertising budget.Nope. You can use free tools like a blog, Facebook, LinkedIn and low-cost direct mail to generate leads. It just … [Read more...]
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