We've Moved! Find Out Where In The Video Below, and Join Us Over at Our New Digs
Iman Talks Setting Personal Goals with Fellow Wholesaler Andrew Coleman
2. Set small, obtainable goals to see your weekly progress.
Mental Mindset: 11 Tips to Drive Your Success as a Real Estate Wholesaler
1. Focus on your successes, NOT your failures.
2. Keep your end goal in mind.
3. If they can do it, I can do it.
4. JUST DO IT!
5. Don't give up!
6. You have what it takes to be successful.
7. You've come too far to quit!
8. Do a little more, think a little harder than the next guy!
9. Do what ever is necessary to get the job done...(within reason of course).
10. Feel the fear and do it anyway!
11. Stop making excuses!
I encourage you to share your mental mindset tips that work for you, so that others reading this post can benefit as well.
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What a Philly Cheesesteak and Real Estate Investing Both Have in Common
These three people are in the trenches day in, and day out, so you don't have to wonder whether they are just speaking 'theory,' or speaking from actual experience. They are DOING this business every day! And are quite successful at it, to say the least.
But don't just take my word for it - check them out for yourself! At the very least, you can take advantage of the endless blog posts each of them has made available to help increase the odds of your success.
You'd be crazy not to, right?
Happy Investing!
Wholesaling Real Estate - "Do a Little More, and Think a Little Harder Than the Next Guy!"
Action Steps:
1. Ask yourself are you willing to do whatever is necessary to make "IT" happen in your real estate wholesaling business.
2. Figure out what that is for you, and DO IT!
If you enjoyed this post, please share this on Facebook/Twitter by clicking the share button directly to the right of this post. And oh yeah, share your comments below as well.
(Bandit Sign Marketing) - Using Bandit Signs to Generate *Motivated Seller Leads*
Bandit sign marketing is a guerilla marketing tactic that real estate wholesalers employ to get in front of property owners who NEED to sell their house quickly!
In this video, you'll get a chance to see myself, and my partner Margaret, write out our bandit signs using a variation of 'we buy houses' wording on our signs, as well as putting them out in our target areas here in Philly.
This has been proven to be an effective method for generating motivated seller leads, however, as simple as this marketing strategy may be, many folks don't take the time to invest in buying bandit signs, or much less, take the time to to put them out - DON'T let that be you!
If you don't have the financial resources to invest in bandit signs at this time, don't let that deter you - you can always go to a supermarket, or a Lowes/Home Depot, major dept. store, or wherever you think they may have cardboard boxes and use those to write up your signs.
Action Steps:
1. Order bandit signs, or find some card board boxes at an area store.
2. Write up your signs with We Buy Houses, or some variation of it, including the number to call.
3. Place 25 signs in your target area.
4. Wait for the phone to ring.
5. Take calls and determine whether it's a deal or not.
6. If it's a deal, put it under contract.
7. Market the HELL out of it.
If you enjoyed this post, please share this on Facebook/Twitter by clicking the share button directly to the right of this post. And oh yeah, share your comments below as well.
How to Go VIRAL Marketing to Motivated Sellers
You might be asking yourself, "what IS viral marketing, and how do I use it to market to motivated sellers?"
That's a fair question.
The tell-all answer, however, is in the video:)
Action Steps:
1. Be on the lookout for business owners who you can partner with on your target areas.
2. Present the idea of partnering up, and offer to share the advertising costs with them.
3. Hit the ground running.
If you enjoyed this post, please share this on Facebook/Twitter by clicking the share button directly to the right of this post. And oh yeah, share your comments below as well.
Real Estate Wholesaling: How to Recruit a Bird Dog (Even Out of State!)
17 Super Cool Tools to Use in Your Real Estate Wholesaling Business
You can rest assured that if I make mention of a product, and I'm getting an affiliate commission from it, I use it personally, or am totally confident of how it can help you in your business.
Now that we have that out of the way...
As a real estate wholesaler, you can NEVER have too many cool tools to assist you with running your wholesaling business, which in turn helps make your life a whole lot easier, and helps you to run a more efficient operation.
9. Click 2 Mail
Ready to go, super easy to manage website for real estate investors with no work needed on your part, PLUS it's search-engine optimized to help you get found in the search engines, as well as the ability to link to your social media properties, if you so choose.
Now get off your DUFF and use this STUFF!
Happy Wholesaling:)
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Cold Calling - Locate Hard to (Find Property Owners) Using a Good *Skip Trace Service* (Part 2)
Having trouble locating hard to find property owners? Using a good skip trace service may be the answer to your wholesaling prayers.
Being able to speak with the property owner DIRECTLY is invaluable. You are able to cut right to the chase, as opposed to having to send direct mail to contact this party. Don't get me wrong, direct mail can get the job done, but having direct access by phone is many times better.
Simply calling the property owner explaining that you drove past their property, saw it was vacant and you wanted to know if he/she is interested in selling, is pretty much all you need to say - short & to the point.
Try it and see where it takes you. Cold calling is a necessary part of doing this business, and the quicker you get started, the closer you get to getting that deal. You just gotta keep repeating that to yourself, especially if you're encountering a lot of fear talking to property owners.
In this video, you'll hear that I was able to locate this property owner at her mother's house. Click the play button and listen to the call.
Much success to you!
Cold Calling - Locate Hard to "Find Property Owners" Using a Good Skip Trace Service (Part 1)
Having trouble locating hard to find property owners? Using a good skip trace service may be the answer to your wholesaling prayers.
Being able to speak with the property owner DIRECTLY is invaluable. You are able to cut right to the chase, as opposed to having to send direct mail to contact this party. Don't get me wrong, direct mail can get the job done, but having direct access by phone is many times better.
Simply calling the property owner explaining that you drove past their property, saw it was vacant and you wanted to know if he/she is interested in selling, is pretty much all you need to say - short & to the point.
Try it and see where it takes you. Cold calling is a necessary part of doing this business, and the quicker you get started, the closer you get to getting that deal. You just gotta keep repeating that to yourself, especially if you're encountering a lot of fear talking to property owners.
Much success to you!
Stay Tuned for Part 2!
Action Steps:
1. Signup up with a good skip trace service like Find The Seller or
Accurint.
2. Locate the property owner using the above research
tools.
3. Start dialing!
If you enjoyed this post, please share this on Facebook/Twitter by clicking the share button directly to the right of this post. And oh yeah, share your comments below as well.
Real Estate Wholesaling: A Playlist FULL of "Winning" Blog Posts
NO! Not that kind of winning!
But, If you're looking for some dirty, down-in-the-trenches, straight, no chaser type of actionable content that you can begin using in your real estate business like ASAP, then you'll want to keep reading.
Being able to find rock-solid real estate investing information that you can really sink your teeth into can be a bit of a challenge at times, not to mention, time-consuming. Not knowing who you can trust may leave you vulnerable to unsavory people on the net, who mask themselves as REAL estate investors, and leave you feeling like you should've asked, "Where's the grease?"
Trust me, I know what that feels like from personal experience.
Knowing how frustrating that can be, especially if you're in the beginning stages of your real estate investing career, I've compiled a 'PLAYLIST' full of WINNING blog posts (sorry Charlie Sheen) from folks that I either subscribe to, or follow, and who have proven to be invaluable in my own real estate wholesaling business,and who I TRUST implicitly when it comes to all things real estate.
As you'll see, I've listed some of the best blog posts that I've come across in recent months. Each of these blogs are chock-full of other winning blog posts - these just happen to be my personal favorites.
Let's dive in, shall we???
1. Flop 2 Flip Nation Flop 2 Flip Nation is a blog all about wholesaling real estate by Marcel Umphery from Baltimore, MD.
- Jen Calls Angry Landlords
- How to Find Deals
- Using Bandit Signs
- How to Build a Massive Buyers List FAST
If you're looking to learn real estate wholesaling the RIGHT way, check out Marcel's Flop 2 Flip Wholesaling eManual.
2. Flip This Wholesaler A blog written by Steph Davis, from Tampa, FL., is hailed as the the Queen of REO's.
- First Wholesale Deal
- How to Structure REO Wholesale Deals when Another Wholesaler is Involved
- How to Use the MLS to Build Your Wholesale Buyers List
I haven't personally purchased Steph's REO ebook as of yet, but by everything I've read on her blog, I'm sure you can't miss by adding her Flip This REO to your arsenal.
3. Good Faith Investing is a blog written by Shae Bynes from Jacksonville,FL.
- A Quick Tip for Finding Cash Buyers
- How We Secured Over 200K in Private Money for Real Estate
- Why You Absolutely Must Have Reserves to Buy and Hold Property
If you're still working a 9-5, and you're looking to go from financial frustration, to financial freedom like Shae did, you can find out how she did it in The Financial Freedom GPS ebook
4. How to Wholesale Properties is a collaborative blog written by RJ Pepino and his partner, Jeff Kowalczuk, both from Columbus, OH.
- Closings and Sneaky Buyers
- How to Use Your County's Sec. 8 List to Find Hungry Buyers and Sellers
- What We've Been Up to
5. Flip Crushers At the time of this writing, they are coming off of a product launch, so check back soon!
6. REITips is a blog written by JP Moses from Memphis, Tenn..
- How This Chicago-Italian Skirts the Sign Police
- Gold Digging: How to Mine the MLS for an Opportunity Market
7. Chris Chico
- Target This Type of Seller to Find Real Estate Deals
As I stated earlier, these are just some of my own personal favorites. I know there are others out there, maybe you've come across many yourself that we don't know about. That being said, leave a comment below and share what your own personal favorites are.
Hope you enjoyed the post:)
Action Steps:
1. Take action on the content in these blog posts.
If you enjoyed this post, please share this on Facebook/Twitter by clicking the share button directly to the right of this post. And oh yeah, share your comments below as well.
Image Courtesy of FunnyorDie.com
Code Violations - Another Way to Find Motivated Sellers
Stumped with how to find motivated sellers? Code violations are one of many ways to find motivated sellers.
Listen in as I discuss the value of this lead source.
Action Steps:
1. Keep your eyes peeled for notices/paperwork
posted on properties.
2. Jot down the address, and all the information
noted on the notice/paperwork.
3. Employ the use of a good skip trace service to
locate the owner.
4. Call the owner. Yes, call the owner and ask them
if they would be interested in selling the property.
If you run into a non-working number, send the owner
a yellow letter.
If you enjoyed this post, please share this on Facebook/Twitter by clicking the share button directly to the right of this post. And oh yeah, share your comments below as well.
(Calling for Rent Signs to Find MOTIVATED Sellers) - ***Live Call***
Calling for rent signs to find motivated sellers is one of those "hidden-in plain-sight" strategies to finding deals - (thanks Marcel). With this particular strategy, we are hoping to find a tired landlord who's just fed up with being a landlord.
In this video, you will here me as I call on one of the for rent signs myself and my partner Margaret came across while cruisin' for cash just a few days earlier.
Unfortunately, there is some interference on the call, but bare with me, it does clears up.
Action Steps:
1. Take note of the For Rent signs in your daily travels.
2. Write down the number (SAFELY) on the sign.
3. Call the owner and explain that you saw his/her sign at
123 Main St., and you were wondering if they have OTHER
properties that he/she would be interested in selling. If yes,
ask them to tell you about the property - #of rooms, baths,
etc. Schedule an appointment to see the property, then make an
offer after you've gathered all of your information.
4. If no, ask if they would be interested in BUYING more properties.
If yes, where, what price point, etc. If you have a property that
meets their buying criteria, lay it on 'em!
4. Keep dialing!
If you enjoyed this post, please share this on Facebook/Twitter by clicking the share button directly to the right of this post. And oh yeah, share your comments below as well.
Dan Stojadinovic: Hype Free Lead Generation Training
Truly, I think the man is INSANE for offering this!
But hey, one man's (or woman's) insanity, is another person's opportunity to make clear choices about his or her future, right?
Right!
SO, I figured it was my duty to share this with you.
Here's the deal. Dan Stojadinovic just released his 2011 HypeFree Lead Generation Training. And as a bonus, he is including a FULL YEAR ACCESS to his HypeFree mastermind group, with over 100 members (which you can use from the comfort of your home, I might add), AND a phone consultation with him in case you are stuck!
Tell me - how often do you find a deal like THIS everyday??? Not very often...
BUT, I must warn you. Because of the phone access and mastermind access, he is LIMITING the number of people who will get the training.
Watch this short video that will explain everything:
VIDEO
P.S. Don't wait, because the mastermind is $29.95 per month, AND you are getting one full year! And the cool part is, there is no automatic "forced continuity". You will not be billed for the mastermind or phone access. Take advantage of it before it's gone!
See, I told you he was insane! SMH
*Vacant Houses in Philadelphia* - Iman and Margaret Out Cruisin' for CASH!
Vacant houses in Philadelphia are excellent lead sources. The industry term, cruisin' for cash, can be an absolute GOLDMINE for both new and experienced wholesalers.
If you're just starting out, this is a sure-fire way to hit the ground running. Especially in urban areas like Philadelphia, it's almost impossible NOT to get a deal using this method to find motivated sellers.
Watch as Margaret and I cruise for cash on this cold, rainy Sunday afternoon in December. Oh, yeah, and we had a blast while doing it, too.
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