I remember when I did my first wholesale deals 20 years ago. (my how time flies) It was scary to say the least. I didn’t have a list of buyers so I wasn’t sure if I would be able to sell the house. I wasn’t sure if I negotiated a price low enough to even interest a buyer. The house had such severe foundation problems that I was concerned no one would want it and I didn’t have a clue how to estimate repairs.
Continue reading “Commitment — Lesson 6 From A High Volume Wholesaler”
Next month I’m attending a seminar about international diversification, in January I’ll be at a seminar about selling products on Amazon, and in March I already have plans to attend Peter Fortunato’s Options seminar in Costa Mesa California.
You might we wondering why in the world would someone who’s been a full time investor for more than 20 years, and who does a high volume business, be going to “another” seminar.
The answer is simple! read on for details....
Continue reading “Invest In You – Lessons From A High Volume Wholesaler.. Lesson 4”
Real estate investors are in for a rude awakening January 10th, 2014. The way you do business will change dramatically thanks for the US government and Dodd-Frank specifically.
There are 2400 pages of new rules and regulations in Dodd-Frank….enough to make your head spin. “This makes the SAFE Act look like kindergarten,” attorney Bryan Dunklin said last week during out weekly Coaching Call. Here are just a few examples of what it means to you:
In this lesson, you will learn why it is better not to make offers when doing wholesale deals. There is a much better way...
Continue reading “Lessons From A High Volume Wholesaler – Lesson 3 Making Offers”
I’m a deal junkie. I admit it! I don’t know if it’s the thrill of actually getting a contract way below market, or if it’s the excitement of knowing I can make as much money as I want each month by doing real estate deals. When you can get a check for $15,000 or $20,000 or more for just a few hours of work, it’s darn right exciting and it can be addictive.
Continue reading “Lessons From A High Volume Wholesaler – Lesson 1”
The one week Amazing Selling Machine promotion revealed some important lessons which relate to a real estate business too. Learn why some people lost the deal...
Vacant house owners are often the most motivated sellers of all. Here’s why:
Since they are not living in the house, they are most likely making payments on two houses, paying utilities, taxes and insurance on two houses, and maintaining the yard on two houses. A vacant house is more susceptible to vandalism to make matters worse.
I got a call from a lady who wanted to sell her Mom's house. Mom had passed away. The seller lived 2 hours away and she did not want to drive to Dallas to show me the property. But she said the back door is open so I could get in that way. You'll be surprised to hear what I found....
Many people don’t want to be a landlord because they’ve heard all the horror stories from landlords who had the “tenant from hell”. These are tenants who call all the time and at all hours of the day and night and/or tenants who cause extensive damage to your property and tenants who don’t pay on time so you are constantly chasing rent checks. I had a tenant from hell.. here's what I did.
A few years ago my 27 year old daughter closed on a deal and she made a total profit of $16,833. She didn’t have a penny in the deal and she did not go to the bank to get financing. No credit report was every asked for or presented. Here’s how she did it . . . and HOW YOU CAN TOO:
Continue reading “27 Year Old Makes $16,833 With No Money Invested”
