Tag: buy my home

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Creative Marketing for Creative Real Estate Investors

We all know that we make money when we buy a house and we pocket the money when we sell my house quick. To have a successful business we need to have good cashflow that covers our expenses and throws off money for us personally. Without this we are not going to be in this business for very long. In order to get good cashflow we need to have deals come our way. To get deals we need to have leads and to get leads we need to market for them. As you can see marketing is the “Key” to this business. Without good marketing everything falls down on top of us. Unfortunately this is where most people make mistakes. Either they don’t do enough marketing or they don’t do good enough marketing. Some people think that sending out a postcard once is marketing. Really if you send a mailing once, you are just wasting your money. You need to have multiple steps as well as multiple avenues of marketing. I advocate that you are using 5 different types of marketing to bring in leads. If you don’t have a marketing budget then you have to use more guerilla types of marketing. You have to do more tasks yourself to stretch your budget. If you have a decent budget set aside you can do more and outsource everything. You can use many types of marketing to obtain quality leads. Just pick any five and run with them. Here is a list for you to pick from: Take this list and pick 5 of them and use them on a weekly basis. Send out letters, hand out flyers, hand out 5 business cards per day, place 10 bandit signs per week, and distribute door hangers to your target neighborhood. Quite frankly, if you are not getting enough lead flow, you are not doing enough marketing. Spend your money where it counts. If one of these methods has not been working for you, change it up a little. Test to see what works and then do more of that. Marketing is the key to a successful business. Be different; stand out from the crowd by being more effective. Effective marketing is a business builder and will prevent your competitors from taking your deals away from you. Take action; make a difference for yourself and others. ___________________________ Need more information, give us a call at (800) 518-0215. See how Ascent Property Solutions can brighten your future.

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Are You Able To Think On Your Feet

As a real estate investor, many things can come up during a deal. You have a choice, you can let it throw you for a loop or you can roll with the punches. There have been several times that during a closing the seller revealed something that I should have found out earlier in the process. It stood a chance of blowing the deal out of the water. When I first started investing it did screw up the deal. After learning more about investing I was able to figure things out and recover quickly from these situations. I talked about the cost of education a couple of weeks ago. These are the reasons that I spend so much on education. I quickly remembered tidbits from these workshops and bootcamps that have stood me well over time. I was able to recall how other investors were able to deal with these. I also developed a relationship with other investors around the country that I could call to see if they had ran into this before. With all of this I have been able to overcome almost everything that has been thrown at me. The more you know about investing the more you can deal with the nuances of the transaction. Also, by choosing the right best expert professional to help you, the better off you will be. Obviously you can not know everything about everything. But you can choose to work with those that know a lot about their main job. Take for example a mortgage broker. By working with someone who knows a lot about their trade they can help your client, whether buyer or seller, understand the issues that have cropped up since the sub-prime headaches have come into existence. This can save you from buying a piece of property that may not live up to your expectations. Using the proper home inspector can help you track down trouble when you buy my house rather than when you sell my house, allowing you to take proactive measures in your deal rather than reacting to issues that crop up. Knowing more than one technique will help you when the industry changes. Take for example lease options and the new laws that are being proposed nationally and locally that will hinder these types of transactions. What are you doing now that will help you if that eventuality comes to pass? Start thinking now so that you can survive anything that is going to block your way tomorrow. Alameda County • Contra Costa County • Marin County • Napa County • San Francisco County • San Mateo County • Santa Clara County • Solano County • Sonoma County