Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/content/96/10184596/html/rrrenew/libraries/joomla/filter/input.php on line 652

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/content/96/10184596/html/rrrenew/libraries/joomla/filter/input.php on line 654

Strict Standards: Declaration of JRouterJoomsef::parse() should be compatible with JRouter::parse(&$uri) in /home/content/96/10184596/html/rrrenew/components/com_sef/sef.router.php on line 73

Strict Standards: Declaration of JRouterJoomsef::build() should be compatible with JRouter::build($url) in /home/content/96/10184596/html/rrrenew/components/com_sef/sef.router.php on line 73

Strict Standards: Only variables should be assigned by reference in /home/content/96/10184596/html/rrrenew/plugins/system/jumirouter/jumirouter.php on line 20

Deprecated: Non-static method SEFConfig::getConfig() should not be called statically, assuming $this from incompatible context in /home/content/96/10184596/html/rrrenew/plugins/system/joomsef/joomsef.php on line 40

Strict Standards: Only variables should be assigned by reference in /home/content/96/10184596/html/rrrenew/plugins/system/jumirouter/jumirouter.php on line 33

Deprecated: iconv_set_encoding(): Use of iconv.internal_encoding is deprecated in /home/content/96/10184596/html/rrrenew/libraries/joomla/string/string.php on line 28

Deprecated: iconv_set_encoding(): Use of iconv.input_encoding is deprecated in /home/content/96/10184596/html/rrrenew/libraries/joomla/string/string.php on line 29

Deprecated: iconv_set_encoding(): Use of iconv.output_encoding is deprecated in /home/content/96/10184596/html/rrrenew/libraries/joomla/string/string.php on line 30

Strict Standards: Only variables should be assigned by reference in /home/content/96/10184596/html/rrrenew/plugins/system/jumirouter/jumirouter.php on line 35

Strict Standards: Only variables should be assigned by reference in /home/content/96/10184596/html/rrrenew/plugins/system/jumirouter/jumirouter.php on line 36

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/content/96/10184596/html/rrrenew/libraries/joomla/filter/input.php on line 652

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/content/96/10184596/html/rrrenew/libraries/joomla/filter/input.php on line 654
The Key to Real Estate Success and 5 tips on how to implement in your business | Blog of Real Return Real Estate

How to Finance & Build 10K/month Cash Flow from Rentals!

Captcha

Enter text appeared on the image above:

How to Finance & Build 10K/month Cash Flow from Rentals!

Captcha

Enter text appeared on the image above:

Questions? Interested in more info about our firm and real estate investing?

Contact our firm to learn how we can assist you with your real estate projects.

Menu

The Key to Real Estate Success and 5 tips on how to implement in your business

During the boom, investors made profits with all sorts of strategies, even with little knowledge and many mistakes. Those investors may have experienced a rough couple years and may have given up. Here I will discuss the key to break thru and succeed whether a beginner or in a rut.

Are you learning and reading everything you can about real estate? Have you educated yourself on 20 different strategies and you now know how to do all sorts of creative real estate deals? That knowledge will certainly not hurt, but let’s focus on one thing that will be the key to consistent long term success in good times and bad. Find Motivated Sellers!

Not just find motivated sellers, find a ton of them. Have them beating down your door begging you to buy there homes and get to the point where you don’t need to do a deal with them even if it is a great deal. I see it all the time, beginners or those in a rut have only a few deals they are looking at and the take the best one when it isn’t even a good deal. They need the deal to continue to eat, but this often ends in disaster.

Now, you are probably agreeing with me that success will be achieved by having tons of motivated sellers flooding your pipeline consistently whether you are there or not. But how do you do this? Here are some tips to have a consistent flow of motivated sellers coming to you.

  1. Direct Mail – While you can find deals door knocking and scouring listings, websites, and newspapers this could be very time consuming. Send out direct mail to motivated lists such as foreclosure, out of state owners, expired listings, divorce, probate, etc.
  2. Learn Direct Response Marketing – educate yourself on direct response marketing and have motivated sellers responding by contacting you.
  3. Automate – create a system and delegate your direct mail campaign so it happens whether you are there or not.
  4. Filter – create a system to weed out the duds and only evaluate the prospects that could meet your criteria.
  5. Pass – it ends up a numbers game, get enough deals and some will be worthy of doing. If you are not getting enough deals, pass and improve your direct mail and marketing strategy.
Share
This entry was posted in Beginner's Advice, Entreprenuership, Tips & Standards. Bookmark the permalink.

One Response to The Key to Real Estate Success and 5 tips on how to implement in your business

  1. Jose Ibarra says:

    Send me information on selling strategies.
    regards
    jose.

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Contact Information