A Great Real Estate Attitude… thanks to Disney! There’s nothing like pulling inspiration from a childhood Disney movie. You would think that these sorts of movies are only good for keeping your kids occupied; however, The Mighty Ducks (1992) has one quote in particular that I believe is a “must-have” if you plan on being successful in real estate:“It’s not worth winning if you can’t win big!”Still gets me fired up even after all these years!Let me take the words right out of … [Read more...]
Getting the Most From a Coaching Relationship
August 19, 2012 By Leave a Comment
Getting the Most From a Coaching Relationship Securing a coach can be one of the best investments you’ll make for your REI business. And although a good coach will guide you through the process, there are some things you should keep in mind too. Try these techniques to get the most from your coaching relationship: 1. Stay Honest Coaches are intuitive people, but they’re not mind readers. Staying completely open and honest with your coach will go a long way towards getting the most out … [Read more...]
Building Trust With Private Money Partners
August 1, 2012 By Leave a Comment
Building Trust With Private Money PartnersUnless you have loads of cash on hand, you’re probably interested in finding and securing private money partners. So in the spirit of this month’s topic on trust, let’s spend some time on building trust with private money partners. 1. Have a Portfolio Because you’re asking for a large sum of money, having a portfolio or resume can go a long way towards building confidence in you and your REI business. Your REI portfolio could include things … [Read more...]
Building Trust With Buyers
July 30, 2012 By Leave a Comment
Building Trust With BuyersWhether you’re selling a residential or commercial property, building trust with buyers will go a long way towards closing the deal. So here are three tips to keep in mind: 1. Be Specific and Offer ProofIt’s easy to throw around words and phrases like:Great neighborhood Move-in condition SpaciousBut if you want these words to have some weight, have facts and proof to back them up. For example if the house you’re flipping is in a great neighborhood, have crime, … [Read more...]
Flippers: You’re the Expert – NOT the Wholesaler!
July 7, 2012 By Leave a Comment
Flippers: You’re the Expert – NOT the Wholesaler!The conversation…Wholesaler: “Hey, I have a smokin’ hot deal for you! It will sell for $125,000 and only needs some carpet and paint. Should cost you around $7,500.”Investor: “Really? Wow! That’s great. I want it!”Fast forward 3 months…Investor: “Mr. Wholesaler, I’m in the third month of this rehab and I’m already at $20,000 and still haven’t even gotten to carpet and paint yet! On top of this, I spoke with a few … [Read more...]
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