Today in the classroom, Larry Goins instructs us about how he goes to eBay and Craigslist to search and list real estate investment deals. Larry Goins lets us in on what keywords he searches for and a little about how he lists his properties.
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Different neighborhoods appeal to different demographics, as Kevin Ortner shares. Knowing who your demographic is for a rental property can help you determine what renovations need to be done and how to market the property effectively. If a property is by good schools and parks, the demographic could very well be different from a property closer to the city. Take into consideration who would want to live there. In addition, more millennials and Gen X’ers are renting instead of buying these days.
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Virtual assistants can be a tremendous help to all real estate investors. Jon Iannotti shares how he’s had some of his virtual assistants for over 10 years. With a bit of training, virtual assistants are perfect for helping the business run smoothly. From administrative work to calling leads, they can take off some of your workload so you can focus on growing your business.
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John Martinez elaborates on why it’s not such a good idea to send blind offers to motivated or non-motivated sellers. It’s important to remember that your offer is your leverage. Conversation is needed in order to find our their reason for selling and by providing a blind offer, you’re cutting off the need for communication. John shares a tip on a strategy to utilize to take the place of a blind offer that encourages communication.
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Joe Lieber explains important rules to have as a landlord that you should be firm on so that your profit is maximized and you aren’t taken advantage on. By having policies in place for showings, payments, evictions, and more can help you keep a structured business that is bringing in high returns.
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Joe Calloway explains the process he went through in hiring his dream team. It all depends on your business needs so you know who to hire first. For rehabbers, a general contractor might be the first person you hire, just as Joe did. For others, it might be an assistant to help with administrative work. As your business grows, delegate parts of the business to others so you can focus on what you doing best!
To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
In the classroom today, Jim Ingersoll remarks on the importance of targeting your marketing to specific buyers, depending on what type of home you’re looking for (Fix and Flip, Wholesale, Rentals, Etc.). After determining what type of buyer you want to go after, there are ways to target your direct mailers so that they’re getting into the right hands.
To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Jason Lucchesi explains that it can take a little bit of searching to get ahold of the executor of an estate and its heirs, but how you can get more deals done if you’re open to these types of deals. Learn how to contact the executor of the estate and who you can try to talk to to get more information about the property.
To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.