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...]
Real Estate Investing – Local Or Far Away – The Common Denominator
May 8, 2012 By Leave a Comment
Real Estate Investing – Local Or Far Away – The Common DenominatorLast week’s post about the decision, or rather preference real estate investors have for where they invest, delivered a priceless comment thread. Those who preferred the best market possible in which to invest were met, point for point by those who wouldn’t leave their local market if the Lord Himself came down and ordained it. In a word, it was fantastic. Better yet? That comment thread demonstrated a common bond between … [Read more...]
Why Do Some Long Term Real Estate Investors Remain Local?
May 1, 2012 By Leave a Comment
Why Do Some Long Term Real Estate Investors Remain Local? This is me asking the over 90,000 members here about their thoughts on staying local, when the investment is, by definition, long term in nature. One of the principles on which I base decisions concerning where solid opportunities might reside, is the use of ‘macro analysis’. That is, learning in detail how a specific region and/or state views various related subjects about which investors of all stripes care deeply.Here’s an … [Read more...]
Local Market Research And Four Ways To Use It
April 6, 2012 By Leave a Comment
Local Market Research And Four Ways To Use ItWe’ve talked a lot about how to find market research and a little about what to do with it. Today’s post is all about how to use it. We’ll look at job growth, migration, the path of progress and new construction.Job growth: The local trend that drives real estate demand and Net Operating Income (NOI) for investors. This stat is simple – if job growth is increasing, demand should be increasing. But the devil is in the details. Here are four … [Read more...]
Being a Great Landlord
January 11, 2012 By Leave a Comment
When I started buying real estate in the early 2000’s, I knew absolutely nothing about being agreat landlord. I had no idea about local laws or local codes and even less about actually being a good and responsible landlord. What I had done, and this is where the danger started, was read half of a book I picked up at the local library on how to be a property manager. I had attended several local REIA meetings and even hooked up with one local real estate investor that talked a great … [Read more...]
Being a Great Landlord
January 11, 2012 By Leave a Comment
When I started buying real estate in the early 2000’s, I knew absolutely nothing about being a great landlord. I had no idea about local laws or local codes and even less about actually being a good and responsible landlord. What I had done, and this is where the danger started, was read half of a book I picked up at the local library on how to be a property manager. I had attended several local REIA meetings and even hooked up with one local real estate investor that talked a great … [Read more...]
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