Successful Women Real Estate Investors: 3 on 3 Interview SeriesIn the previous two installments of the three on three interview series the focus was on a specific investment strategy or type of business (spec-building & flipping & rehabbing distressed property), but this one will focus on a group of people, successful women in real estate. Real estate investing is often regarded as a male dominated business, but more and more often women are making it to the top of their respective … [Read more...]
Systems for Managing Contacts and Direct Mail Campaigns for Investors
April 30, 2012 By Leave a Comment
Systems for Managing Contacts and Direct Mail Campaigns for InvestorsIn the past couple of articles I’ve shared here, I have talked about marketing to absentee owners and about setting up successful direct mail campaigns. There is one more important piece of this puzzle that we haven’t really gone into.How do I manage all of this information?In order to be successful over time you have to have a way to manage via systems. First of all, no matter where you get your list of targeted people to … [Read more...]
Five Characteristics Of Successful Real Estate Investors
February 19, 2012 By Leave a Comment
Five Characteristics Of Successful Real Estate InvestorsOne of the greatest joys for me is to watch others succeed as real estate investors. I am always amazed how some investors jump in and can create profits from almost any deal, while others seem to struggle with each step they take. Over the course of my investing career I have tried hard to identify those characteristics which I believe exemplify successful real estate investors… before they even get started. And, while this have … [Read more...]
How to Find a Real Estate Investing Mentor
February 13, 2012 By Leave a Comment
How to Find a Real Estate Investing MentorOver the past 10 years I’ve had several mentors and I still have one to this day. I plan on having a mentor until the day I die, because I’m pretty sure there is always going to be someone on the planet who is smarter than me.Just like everyone else, I’ve had good mentors and bad mentors, but my bad mentors were at the very beginning of my real estate career when I didn’t know what to look for, and I didn’t know how to tell if they were all … [Read more...]
Do You Really Want Success?
January 27, 2012 By Leave a Comment
Do You Really Want Success?People ask me all the time about success.“Susan, how did you get to be so successful?”“Susan, how did you get out of the cubicle to run your own $5 million company?”“Susan, can you teach me to be successful?”The truth is I can show you what I did. And if you do it too, then chances are good you’ll experience success (whatever that means to you) too.But the sad truth is…Most people aren’t willing to do what it takes to be successful.They want the easy … [Read more...]
Using Wanted Ads For Rental Properties
January 3, 2012 By Leave a Comment
Using Wanted Ads For Rental PropertiesTry to use Classified Property Wanted Ads to Find Properties.I’ve been pretty successful over the years using classified property wanted ads to find non-advertised properties to buy. Most people call me because they don’t have the time, desire or money to market their properties themselves. Or they don’t want the hassle of listing their property with a [...]How To Use Wanted Ads For Rental Properties is a post from: Real Estate Investing Blog For … [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...]
Closing a Short Sale Successfully
October 27, 2011 By Leave a Comment
Closing a Short Sale SuccessfullyAll of the pieces of the short sale process, when handled well, will result in a successful short sale closing. The first step in the process is the most important, and that step includes pre-qualifying the seller. No jokes here. Just like getting a loan pre-qualification or pre-approval for a home buyer before the purchase of a home, you absolutely must pre-qualify your seller in order to assure that the potential short sale transaction will net a positive … [Read more...]
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Holding a Full-Time Job
As an investor who holds a full-time job, I feel compelled to share the reason I have been successful over the last 10 years.It all boils down to one word: “Sacrifice.”I believe that one word holds the key to success for investors who work full-time and chose to be active real estate investors.Let’s define Sacrifice as the simple act of giving up something for the sake of doing something else. For example, I give up eating desserts, which I love, because I want to lose some weight. I … [Read more...]