Having Good Lists Is Essential For Success with Direct Mail Marketing your real estate business is vital to your success. If direct mail is one of your chosen strategies, there are some things that can really make or break you when it comes to success. Having a good list is one of those things.You Must Have a Good ListIt’s not good enough to have a bunch of people that are homeowners on your list. What if they are free and clear houses you might ask? Does owning a free and clear house make … [Read more...]
A Must Use Form for Every Landlord: Release to the Rights of Possession
August 6, 2012 By 1 Comment
A Must Use Form for Every Landlord: Release to the Rights of Possession The “Release to the Rights of Possession” form is one of the most important forms that a landlord can use. It is a must use for every landlord. It helps protect you from future claims from former tenants. Let me explain.When you sign a lease with a tenant, you legally give them what is termed “possession” of that rental unit. The tenant then occupies and possesses the rental unit for the term of the … [Read more...]
Seller Financing: How Investors Can Get Involved
February 15, 2012 By Leave a Comment
Seller Financing: How Investors Can Get InvolvedThe housing market is flooded with inventory, which reduces demand for any given house. And mortgage approval rates are down, making it tough for buyers to get financing.Sounds like a rotten situation for sellers and buyers. But not necessarily. Despite these difficulties, it’s possible to get creative with financing – seller financing, that is.Seller financing is simply the seller offering to finance the buyer’s loan. It’s kind of like a … [Read more...]
Doing A Short Sale?
January 6, 2012 By Leave a Comment
Doing a Short Sale, Wholesale Deal, Seller Financing or Buying/Selling a Lease Option or Rental? The most important player on your team should be the Title Company. They can make or break a deal.What is a Title Company?The title company is a very important part of the process for any real estate closing. A title [...]Investor Important Team Partner – The Title Company is a post from: Real Estate Investing Blog For Real Estate Investors.Read the full post here... … [Read more...]
To Be A Landlord . . . Do It Right From Day 1!
December 28, 2011 By Leave a Comment
To Be A Landlord . . . Do It Right From Day 1!I had an amusing conversation in September with a fantastic couple from Mississippi. They have been investing in real estate for the past 15 years and have amassed a portfolio of over 40 properties that provide a nice income for their retirement. They had come to me for advice on managing their properties and the conversation that followed, while being serious, had all of us laughing at how backwards we can sometimes get when managing our own … [Read more...]
How to Negotiate in Real Estate with Motivated Landlord Sellers
November 27, 2011 By Leave a Comment
How to Negotiate in Real Estate with Motivated Landlord SellersTo be successful in the real estate business, whether they be a subject to, lease option or wholesale, you need to have several niches. These niches include the types of deals you specialize in — . It also includes the types of sellers you target such as pre-foreclosures, landlords, and probates, to name a few. Personally, I do a lot of subject-to’s and my favorite sellers to target are absentee owners, by far. When I get a … [Read more...]
Strategies On How to Negotiate the Right Way!
October 27, 2011 By Leave a Comment
Strategies On How to Negotiate the Right Way?Whether you’re starting as a wholesaler, negotiating short sales or working on a master lease option, a core REI skill is negotiation. You have to be dogged in your approach to get deals done, but there’s a right way and a wrong way to negotiate deals – regardless of your area of focus. In this article, we’ll talk about how to negotiate the right way.1. Always know your numbers. Knowing all your numbers (top price you’ll pay, percentage … [Read more...]
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