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Digg it UP - How You Can Get Started in Creative Real Estate Investing - Even If You're Broke
Some months ago I decided to get serious about stopping spam. I did an awful lot of research into spam, where it comes from, why it profits the spammer so much and the evolving methods of both sending and combating spam.The culmination of this work was my informational website, and the e-book which covers the more easy to implement ideas for stopping spam. I also started a mailing list to send tips and tricks for combating spam to those with a similar dislike of the annoyances that flood mailing boxes.One of the more pleasant side effects of this entire process has been the emails I now receive from members on that list with comments, thanks and occasionally...suggestions like the one I'm about to outline.One of my subscribers found that if two email addresses received the same spam mess
How do I negotiate deals with sellers?
1. Get some basic business cards - OfficeMax sells 1,000 for $11. There are also places online which offer a small number of cards for free. Hand these cards out to everyone. The more people who know what you do, the better chance you have of meeting people who need your help.
2. Flyers - these are fairly inexpensive to copy and people tend to hold onto them for quite a while. Leave one at each house in your target are
Real estate is like riding a roller coaster and in recent years Las Vegas has been on the high of that ride. Las Vegas real estate appreciation has many owing money on their capital gains. Wondering why capital gains are possible? It’s all in the roller coaster ride.In recent years Las Vegas real estate appreciation has been experienced by many home owners who had purchased years earlier at a substantially lower price and today Las Vegas real estate appreciation has caused them to ride that roller coaster from the lowest point to the highest.The problem was that because this changing pattern many home owners were seeing significant capital gains on their properties so in 2003 the IRS changed the rules changing the principle residence tax exemptions from $250,000 to $500,000.Now you might
Step #1: Develop A Plan
There is an old saying which goes, "if you fail to plan, you're planning to fail." While this may seem a bit clich?, truer words have never been spoken, especially with regard to real estate investing. It is crucial to have some idea of what you want to do before you begin doing it. Since this article is geared toward getting started with as little money as possible, let's develop a plan for wholesaling. If you're not familiar with the term, have a look at my article "Creative Real Estate Glossary" for more information.
When I'm putting together a plan, I like to start with the goal in mind. For instance, we can set a goal of making $20,000.00 in the next 30 days. An ambitious goal? You bet! An attainable goal? Absolutely! With the goal in mind, we can work our way back to the present by asking ourselves a series of questions. A typical set of questions may be:
What steps do I have to take to achieve my desired outcome (make $20,000 in 30 days)? I have to find and assign 4-5 wholesale deals.
How do I do that?
1. Line up 4-5 buyers for my deals
2. Negotiate acceptable deals with 4-5 sellers
How do I line up buyers?
1. Call handyman services and small construction companies. Ask if they'd be interested in buying rehabs in my target neighborhood.
2. Place small ads in the "shopper" newspapers. The ad needn't be fancy. I've seen great success with "Handyman Special. Cheap. Cash."
How do I negotiate deals with sellers?
1. Get some basic business cards - OfficeMax sells 1,000 for $11. There are also places online which offer a small number of cards for free. Hand these cards out to everyone. The more people who know what you do, the better chance you have of meeting people who need your help.
2. Flyers - these are fairly inexpensive to copy and people tend to hold onto them for quite a while. Leave one at each house in your target area
Times certainly have changed for American Express. Gone are the days where the American Express card was simply a charge card that had to be paid off in full every month. Yes, the old workhorse – the green card – is still available and popular too. However, American Express decided to take MasterCard and VISA on directly by offering its own line of credit cards. These “blue” cards have been such a hit with consumers that the admired financial giant is now offering four different blue cards from which consumers can choose. Each American Express blue card is different, so let’s take a look at just what makes each one so special.American Express Sky Blue, The Ultimate Travel Rewards Card Sky Blue – If you are tired of all those rewards cards that promise you a weekend in Las Vegas, but can on
Step #1: Develop A Plan
There is an old saying which goes, "if you fail to plan, you're planning to fail." While this may seem a bit clich?, truer words have never been spoken, especially with regard to real estate investing. It is crucial to have some idea of what you want to do before you begin doing it. Since this article is geared toward getting started with as little money as possible, let's develop a plan for wholesaling. If you're not familiar with the term, have a look at my article "Creative Real Estate Glossary" for more information.
When I'm putting together a plan, I like to start with the goal in mind. For instance, we can set a goal of making $20,000.00 in the next 30 days. An ambitious goal? You bet! An attainable goal? Absolutely! With the goal in mind, we can work our way back to the present by asking ourselves a series of questions. A typical set of questions may be:
What steps do I have to take to achieve my desired outcome (make $20,000 in 30 days)? I have to find and assign 4-5 wholesale deals.
How do I do that?
1. Line up 4-5 buyers for my deals
2. Negotiate acceptable deals with 4-5 sellers
How do I line up buyers?
1. Call handyman services and small construction companies. Ask if they'd be interested in buying rehabs in my target neighborhood.
2. Place small ads in the "shopper" newspapers. The ad needn't be fancy. I've seen great success with "Handyman Special. Cheap. Cash."
How do I negotiate deals with sellers?
1. Get some basic business cards - OfficeMax sells 1,000 for $11. There are also places online which offer a small number of cards for free. Hand these cards out to everyone. The more people who know what you do, the better chance you have of meeting people who need your help.
2. Flyers - these are fairly inexpensive to copy and people tend to hold onto them for quite a while. Leave one at each house in your target are
As a business owner, you’re probably inundated with advertising offers and salespeople who want your money to advertise on billboards , radio and television, in newspapers and magazines. These salespeople promise massive exposure and hint at lucrative results and return on your investment. But you’re concerned about the risk. A lot of advertising simply won’t work for you. The good news is that there is an alternative.The advertisers have space available and it costs them very little. That’s why they’re trying to sell it. Here’s what I did. (I always talk with the Decision Maker, not the salesperson, who only wants a commission). I was approached by a well-known national business magazine to advertise my marketing seminars.Robin: “Tell me honestly: for me to advertise in your magazine, I will ne
When I'm putting together a plan, I like to start with the goal in mind. For instance, we can set a goal of making $20,000.00 in the next 30 days. An ambitious goal? You bet! An attainable goal? Absolutely! With the goal in mind, we can work our way back to the present by asking ourselves a series of questions. A typical set of questions may be:
What steps do I have to take to achieve my desired outcome (make $20,000 in 30 days)? I have to find and assign 4-5 wholesale deals.
How do I do that?
1. Line up 4-5 buyers for my deals
2. Negotiate acceptable deals with 4-5 sellers
How do I line up buyers?
1. Call handyman services and small construction companies. Ask if they'd be interested in buying rehabs in my target neighborhood.
2. Place small ads in the "shopper" newspapers. The ad needn't be fancy. I've seen great success with "Handyman Special. Cheap. Cash."
How do I negotiate deals with sellers?
1. Get some basic business cards - OfficeMax sells 1,000 for $11. There are also places online which offer a small number of cards for free. Hand these cards out to everyone. The more people who know what you do, the better chance you have of meeting people who need your help.
2. Flyers - these are fairly inexpensive to copy and people tend to hold onto them for quite a while. Leave one at each house in your target are
Think of your business as a living, breathing, organism. It requires you to give it a large portion of your time and effort in order for it to grow and flourish.You must spend time “feeding” it fresh content and searching for ways to improve it.I remember growing up as a child, all I ever wanted was a puppy. When I finally received it, I realized that it was a large responsibility to feed it, groom it, and provide it with attention.At times I felt like just “skipping” a day in order to have more time to do the things that we enjoyed as children. Yet even then I knew that if I failed to give my puppy the required attention, it would suffer. The same goes for your business, without constant maintenance and upkeep, it will suffer.. and eventually die.One surefire way to ensure t
How do I do that?
1. Line up 4-5 buyers for my deals
2. Negotiate acceptable deals with 4-5 sellers
How do I line up buyers?
1. Call handyman services and small construction companies. Ask if they'd be interested in buying rehabs in my target neighborhood.
2. Place small ads in the "shopper" newspapers. The ad needn't be fancy. I've seen great success with "Handyman Special. Cheap. Cash."
How do I negotiate deals with sellers?
1. Get some basic business cards - OfficeMax sells 1,000 for $11. There are also places online which offer a small number of cards for free. Hand these cards out to everyone. The more people who know what you do, the better chance you have of meeting people who need your help.
2. Flyers - these are fairly inexpensive to copy and people tend to hold onto them for quite a while. Leave one at each house in your target are
The world of Indian properties is booming like never before. It is the right time to invest in properties in India. The India property sector has seen an unprecedented growth in last few years and is very evenly poised to create a revolution all across the country. The real estate prices are skyrocketing in the major cities of the country. All around development is very much visible in the form of skyscrapers, shopping malls, office complexes, and residential apartments mushrooming in the big cities. There is a huge land areas allocated for residential as well as commercial activities all over the country.The huge demand for properties has ignited a stiff competition amongst the various developers in the market. All this has benefited the customers as they get better properties at competitive prices. Ma
How do I negotiate deals with sellers?
1. Get some basic business cards - OfficeMax sells 1,000 for $11. There are also places online which offer a small number of cards for free. Hand these cards out to everyone. The more people who know what you do, the better chance you have of meeting people who need your help.
2. Flyers - these are fairly inexpensive to copy and people tend to hold onto them for quite a while. Leave one at each house in your target area every couple weeks.
3. Word of mouth - Tell people you're interested in buying real estate! You'll be surprised how many people are either selling a home or know someone who needs to sell theirs.
Just keep asking yourself this sort of questions until every step in your plan is clearly spelled out. Once you've got it all figured out, move on to...
Step #2: Take ACTION!
Would you believe more than 90% of the people who buy creative real estate courses never take any action on them? That's insane! Once you're armed with the information necessary to achieve your goals, take the action you know you need to take! Folks, this is absolutely the most important thing any new investor has to do! Without action, you're going to be stuck in "analysis paralysis" mode forever! Please don't let that happen to you. Your plan says to hand out business cards and flyers, right? Do it now! Don't wait another second! Take it from someone who has wasted more than his share of time dragging his feet. You don't want to look back on this day 10 years from now and say "If I had take action then, I'd be a millionaire now." Nothing is more expensive than regret!
Step #3: Measure Your Results
Did you know that a commercial airliner is off course 99% of the time? It's absolutely true. Crosswinds and other forces acting upon the aircraft's flight surfaces causes it to be off course to a small degree almost the entire time that aircraft is in flight. So how the heck to the pilots get it where it is supposed to go? They recognize when it's off course and they make small corrections.
Sometimes things are going to go perfectly. You're going to execute every part of your plan like clockwork and the big payoff will be waiting for you at the end of the journey. Maybe once in a lifetime....
In real life, things go wrong. Sometimes they go horribly wrong. When that happens, you have to be able to recognize it quickly so you can make "course corrections" and carry on. If you can develop this one precious skill, you'll learn that there is no such thing as failure. If you re
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