Posts Tagged ‘real estate investing’

Need A Website For Your Real Estate Business?

I have gotten many requests from folks looking for “Affordable” website solutions for their Real Estate business.

While I offer the ability to list your properties on one of my sites, many folks do NOT have their own site where they can “Hang Their Shingle”.

Well, I have a solution for you…. almost.

I’m getting ready to release a practically FREE website solution for you and your properties.

I’m still working through the details right now on how to deliver it to you properly and I’m testing some things out.

If you would like to be notified when it’s ready and possibly get a free preview, get registered for my free property listings site here.  I will notify you from that mailing list.

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Finding Your Target Market or Farm Area in Real Estate

Whether you have been in real estate for a while or are just getting started, identifying your target market or “Farm Area” is critical to your success.

Many real estate investors and Realtors alike will advertise that they can “Do it all, Anywere”.

I’m sure you’ve seen the ads.  “We Buy Houses, Any Condition, Any Area”.

Well, guess what, I’m hear to tell you that they don’t really do that… at least not likely.

That’s merely a marketing campaign to get people to call you.  The thinking is that if you have enough deals coming in, you will find the “Diamond in the rough” and be able to make a deal out of it.  This is simply horrible advice…. here’s why.

  1. It’s a complete waste of your time to target a market you have absolutely no intention of purchasing a home in if your an investor or listing a home in if you are an Realtor.  If you get 100 calls and only 10 of them are from people in the area you really want to focus on, you have just wasted 90% of your time.  It takes time to triage those calls.  Yes, even if they are just voicemails.  You still need to listen to them and figure out if they are a potential prospect.  If they don’t leave you any details on the voicemail, then you need to call back and get the details, further wasting your time.
  2. Waste of Money – This is also a waste of your marketing dollars.  Wouldn’t it be better to be specific and target an area that you actually do want to buy in?  Now… to be sure, if you have rehab buyers that you can count on, and they want properties in a particular area, by all means, market to that area.  But, again, be focused.
  3. Again, waste of your time….  The only good I can see coming of this is learning how to screen callers.  Unfortunately, you might get so frustrated talking to people that don’t own in the area you really want to target, you might stop your marketing all together.

If you don’t know what area you want to target yet, use the following site to look up date about your potential target market.  Punch in a few zip codes and find housing price trends by quarter.  It’s a pretty cool free site to check out.

http://www.city-data.com
Also, if you would like to be notified if I EVER have a potential deal in your area (I get many coming in from my websites that are NOT in my target market) join my real estate buyers list.   I have a very cool tool that I use that allows other investors to see that I have a potential buyer for one of their deals.  So, while I’m in Ohio and you might be all the way out in California or Arizona, I still might be able to help you find a deal that you had NO idea about.  Many of these are likely off the radar type deals, not on the MLS.  Properties that need to be moved quickly and not left to languish on the MLS.  Since they need to move quickly, there are some extremely good deals available only if you get on my buyers list.

http://www.Ohio-Homes.net

Gotta run now.

Leave me some feedback on the post below.

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More Bank Failures This Past Week

When will the bank failures end?

On Friday, July 16th, 2010, the FDIC announced 6 (SIX) more bank failures.  We are currently up to 96 failed banks for the year and we’ve barely passed the half way mark.

For the record, if you haven’t been paying attention to this trend, last year we had 140 failed banking institutions… that was for the whole year!

If we stay on the current pace, and I’ve mentioned this before, we will close out 2010 with a whopping 180 failed banking institutions!

If you don’t think the banks are motivated to deal real estate, you are completely wrong.  They just can’t let on that they are.

The bank executives and negotiators are motivated just like you are motivated when you have an investment property to sell or lease.  It’s a game of cat and mouse though.  They can’t let on how motivated they are because then the sharks start circling.  They MUST cover up the blood in the water as much as possible and paint as rosy of a picture as they can, otherwise they will be finished MUCH faster than anyone wanted and it will not do your community any good to have more failed institutions.  It puts people out of work and lowers the number of lending institutions.

To be VERY clear, I do NOT wish harm on any of these banks or bank executives.  My point is, they need to sell and if  you can present a deal that makes sense and that they can live with, they WILL do the deal.

You will NOT get anywhere if you walk in like you are all high and mighty and expecting them to bend over for you.  It’s not going to happen.  They will usher you out the door faster than you walked in and likely will NEVER do business with you.  Show your local banker some respect.

Build relationships with them and let them know what you can do to help them out.  They may just let you know about a property they are having trouble moving and then you can continue to build your business relationship from there.

If you would like to have a free report to see how you can work with some of these banks to help negotiate loans and get funding through groups that ARE lending, go check out this free report I have for you.

http://MyRealEstateFunding.com
Take a look at that report and we will have a webinar you can watch for more information.

Happy and Profitable Investing.

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Join Me Tonight For A Revolution in Your Real Estate Marketing

I’m hosting a webinar tonight for you to revolutionize your real estate business.

http://rapidreiresults.com/sellpoint

- How To Inject Your Real Estate Business With Lead Generating Adrenaline Using The Internet to Do (Very Little) Work Once, And Get Paid Forever!

- Using “I-BOTS” to DOMINATE your local real estate market to find hundreds of deals, locate private lenders, and sell properties in as little as an hour…

- Using the LARGEST social media platform to become THE recognized AUTHORITY in your market. You can do this with NO money and just a few minutes of your spare time!

- Why video is the most powerful TRAFFIC AND CONVERSION tool ever created… and how to use it for YOUR Traffic and Conversion.

http://rapidreiresults.com/sellpoint

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Need to sell a property? Post it on my site…

If you have a property you need to sell, you should post it on my site.
It’s specifically designed to help facilitate Wholesale real estate deals.

The site is highly search engine optimized and has several people driving traffic to it
on a daily basis. Many rehabbers in several different areas are registered users.
I’m working on spreading it out across the U.S. to make it a go to site for
finding rehab properties and for selling them.

Got a junker property? List it here – get registered
Need a junker to fix up? Find it here – get registered
Want a light rehab to rent out? Again – Get registered
Just want to browse? Go for it – get registered

Why register?
So we can send you updates when new features come out and
remind you when we list a property to go look at it.

===>  Get started by clicking here.

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Here is why the Property Launch Formula is the best way to build your buyers list

If you do a property launch the right way, you will build your buyers list by 100-300 buyers per launch or more.  These are buyers that are VERY interested in the type of property you have to offer.

Not only that, then you have a list of buyers you can show other properties to.

This is a way to stack your property sales one on top of the other.

You have to do this the right way though for it to work correctly.

I have done several of these on my houses over the last year and it really does work.

If you would like to hear all about how the property launch formula works, you need to check this video out.  It’s available as soon as you register for the webinar that we are holding on Monday.

Go to this link right now to learn all about how to build your buyers list fast, sell your property fast and get top dollar for it while doing so.

The other real estate investors and real estate agents in your area will be left confused and not knowing what just happened right under their noses.

If you are in real estate in any capacity, you do not want to miss this video and webinar.

http://rapidreiresults.com/mkt

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Last Chance To Get Sellpoint For Free

OK, two very important things:

FIRST, you only have a few hours left to get Sellpoint
for free.

This is the crazy cool software from my marketing team
that will turbo-charge your listings and SYNDICATE
them out to 40 super-powerful sites.

Now we all knew that Sellpoint was too good to
remain free… but I thought we might have a little
longer.

Turns out it’s been so popular that they are shutting
down the free accounts on Thursday, July 8th at
midnight.

This is the link to get your account:

http://RapidReiResults.com/sellpoint

SECOND, there’s been some confusion about those
free Sellpoint accounts.

Some people seem to think the accounts aren’t
REALLY free, or you need to refer additional people
into Sellpoint to get a free account.

Both of those rumors are FALSE.

This is the REAL deal:

1. You can get Sellpoint for free for 2 full years. All
you have to do is sign up.

Period.

End of story.

Click this link to sign up and register
http://RapidReiResults.com/sellpoint

2. You can also get a LIFETIME free account if you
refer three people who are also in the real estate
business into a free Sellpoint account (before it’s taken down on Thursday.)

It’s that simple. Just go here to get started:

http://RapidReiResults.com/sellpoint

To Your Success,
Marshall

P.S. They say the best things in life are free…
and I totally believe that.

But the best things in your Real Esate business
definitely are NOT free. Except Sellpoint… but
this one’s only free until Thursday at midnight.
So be sure to act now:

http://RapidReiResults.com/sellpoint

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Two Great Resources for you today

You may have heard some hoopla about a site that will syndicate your property listings to a BUNCH of other websites.
Well, I can tell you from first hand experience that the more sites your houses are listed on the better.  I have on more than one occasion been told, “Wow, you are everywhere I turn around when we searched for a home!”

That is music to my ears.

However, when I was getting those results early on, it was REALLY hard work.  I was working hard trying to get my properties on as many sites as I could.
You see, you never know where your potential buyer may be looking.  That’s why you need to start popping up wherever they may be.  By the way, there are a TON of real estate websites.  You want to definitely be on the biggest sites, but you also need to think about being on sites that may be more specific to your area.  Only you will know where those are.  You should ask around and see where others are advertising.
You can also advertise on my site if  you have wholesale properties.

Go to this page and join my newsletter list to get access to the wholesale real estate listings site.

http://rapidreiresults.com/wordpress
I have an even cooler site listing resource for you today.

One of my local friends in Ohio just released the application I’ve been using for the past couple of weeks… only this time the version has MORE to it than the one I’ve been paying for…. and it won’t cost you a dime!!

Yes, that right, he is flat out giving it to you and it will syndicate your properties to approx. 40 different real estate listing related websites.

http://rapidreiresults.com/sellpoint

Now, just so you know, I am using this site for my properties right now.  In fact, I just did one earlier this afternoon and blasted that listing out.

It took me about 15 minutes to get all of the home details loaded up and then I loaded up the pictures, then I blasted that listing to every site on the list.  So, about 15 minutes and then had it out on about 35 or 40 sites (a couple failed to upload).  Now that was sweet!  If it took 15 minutes per site for me to manually upload the homes, I just saved myself hours of work.

This weekend I added 39 new potential buyers to my list because they were able to find my website due to all of the marketing back to my main page.  Pretty cool.  I highly recommend this site.

http://rapidreiresults.com/sellpoint

Disclosure: While I’m a user of this service and there is no charge for it for the next 2 years, I might get a commission if you decide to purchase something down the road from the company releasing this site.  Who cares thought right?  If it will help you, just do it.  :)

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Man grabs $8,373 check with title co blessing

I did not want you to miss this special closed door training session.

It happens tonight.

Click below or copy and paste the link into your internet browser to register
and get the call in details.

Better Click here NOW to Reserve Your Spot or else you might get locked out.

https://www1.gotomeeting.com/register/656407681
That’s right, this real estate entrepreneur spent 5 min filing a piece of paper
and the title company sent him a check For $8373.
These spots are going fast, and I can tell you with authority that there is no one else
teaching these techniques.

How would you like to make thousands from real estate by risking only a buck?
And how would you like to accomplish this by just letting your fingers tap dance on your keyboard?

I did not want you to miss out on a special “closed door” training session on
how to use judgments, liens and options to put some
cold hard cash in your pocket in the next 7-10 days–without Risk!

Go to the link below and get all the juicy details…

*********************************************************************

https://www1.gotomeeting.com/register/656407681

Better Click here NOW to Reserve Your Spot or else

**********************************************************************

For the first time *ever*, we will be revealing some of the
“hot off the press” strategies for growing your cash flow right
through the roof.

These secrets are not being revealed by ANY other source.  I can almost guarantee that you will be
literally one of the *first* to find out about it TOMORROW NIGHT!

Hey listen, if you like Less Work with MORE MONEY and Less Risk- don’t miss your chance:

Better Click here NOW to Reserve Your Spot or else

https://www1.gotomeeting.com/register/656407681

*****************************************

See you on the call tonight.

To Multiple Income Streams,
Marshall

P.S.  Don’t miss this chance to learn what your competition wishes they knew.
Don’t pull your hair out saying “if only I had made the call…”.

P.P.S.  On this call, you will also discover how to get over $8,000
of real estate education for free as well!

Better Click here NOW to Reserve Your Spot or else

https://www1.gotomeeting.com/register/656407681

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Can your tenant file bankrupcty again if they’ve already filed?

If you are on my e-mail list or you’ve read my blog or Twitter posts for the past few weeks, you may have noticed I’m cleaning up from a very messy…  ahem….   separation from a former tenant.
Well, as I was trying to get the tenant to vacate the premises prior to their eviction date, I had them served with a court notice to vacate the premises or show up in court.

Had they vacated a week earlier, I could have saved them from this embarassment.

However, they chose to ignore my request and took their sweet time.  Not knowing if they would actually follow through with moving out, I followed through with filing the eviction with the court and having them served with a notice to appear in court for the hearing.

This did not make my former tenants very happy because they were served while their children were around and they had to explain what this was all about.

Then, my tenant kindly thanked me for having them served and mentioned they would be listing me first in their bankruptcy filing.  This thoroughly confused me because I was under the belief that they had already filed and been discharged prior to moving into the home I was renting them.  In fact, I was outraged.  The only reason I allowed them to stay as long as I did was because I thought I would be protected from them filing bankruptcy because they already HAD!!

Lesson learned.  I will be attempting to collect from them but I do not have high hopes at this point.  While being extremely bitter about how they left the home and after paying the initial cleaning bill which was about 6 times higher than my standard “get it rent ready” cleaning bill, I started looking into bankruptcy law a little more.

I found this article below that explains some information on bankruptcy and whether someone can file again.  Hopefully this will help some of you if you are ever put through the same type of situation.  Most people cringe at the thought of a tenant filing bankruptcy.  I know I did when she threatened me with naming me in their new filing.

Grossbart on Bankruptcy Law

Have you had a tenant file bankruptcy on you?

How did you handle it?  Feel free to leave a comment below.

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