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Archive for June, 2010

3 Private Money Lenders in 49 Days – Shae Bynes Gettin’ it DONE!

Tuesday, June 29th, 2010

4 Comments »

Private_Money_Dollar_SignHow would having private money – cash funding to buy property – help your business right now? Would that change everything for you? Would that open up an entire new realm of opportunities?

Well, it did for one of our Private Money Blueprint students.

Shae Bynes, of Good Faith Investing, has created what we like to call, “Private Money Momentum”. And it’s a beautiful thing!

It ‘took her a minute” (in her words) to get private money … but once she roped in 1 private lender, it only took 49 days to get 2 more.

We chat with our students a good bit through Twitter and Facebook. Check out her tweet below about getting her first private lender …

Shae_Bynes_Twitter

And exactly 49 days later, Shae updates us over on Facebook …

Shae_Facebook_Update

A quick shout out to Mike Henninger, of The Tattooed Investor, for saying, “PMBP rules!!!”

Thanks dude :-)

Big Congrats to Shae for following the Blueprint and getting private money.

If you want to connect with her, here are links to her Facebook and Twitter.

Catch ya later,

~ Patrick

… aka P-Rid

P.S. – If you’re still struggling to close deals in today’s market because you don’t have a way to finance your deals, plug into the Private Money Blueprint System. Many other smart investors already have.

** These private money results are not typical. The “average” person doesn’t take any action, and therefore, gets no private money.

Tags: good faith investing, mike henninger, Private Money, private money lender, private money lenders, private money lending, real estate investing blog, real estate investing blogs, shae bynes, shannon bynes, the tatooed investor
Posted in Real Estate Investment Financing Strategies | 4 Comments »

Josh Brown Peels Back the Curtain with Video Tips for Real Estate Investors (Part 4)

Thursday, June 24th, 2010

3 Comments »

Remember the series we did recently on using video to explode your real estate investing business?

Well, if you missed out on it, you definitely NEED to check it out. Here are the links for ya:

Part 1 – Are you Using This Killer REI Marketing Tool?

Part 2 – Flip Video Tips for Real Estate Investors

Part 3 – How to Create Screen Capture Videos for Your REI Biz

Part 4 – You’re lookin’ at it :-)

Yep, that’s right. You’re looking at Part 4 of the video marketing series.

I was sitting down eating at one of the best Thai restaurants in Charleston, Basil, with Josh Brown. He started to tell me about how he uses video in his business, and I thought this would be a perfect addition to the series.

So, come sit down with us for a delicious lunch at Basil, and listen close as Josh arms you with vital information on using video in your real estate investing business.

Watch the video below …


Alrighty, a big “Thank You!” goes out to Josh Brown from Investor Riches for hitting us up with his video marketing knowledge.

To show your thanks, leave a comment before ya go.

~ Patrick

… aka P-Rid

P.S. Want to see what I do for fun? Check me out training for an upcoming beach volleyball tournament (you gotta be logged into Facebook … friend me up while you’re over there too :-)

Tags: creative real estate investing, investor riches, josh brown, real estate investing, real estate investing video, real estate investing video tips, real estate marketing, real estate video marketing, video marketing
Posted in Business Management Systems and Tools, Marketing, Real Estate Investment Selling Strategies, Tips and Tricks | 3 Comments »

3 Things Eminem Can Teach to Avoid in Your Power Team

Monday, June 21st, 2010

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eminemIn today’s post, Kendall Matthews brings us the second installment on creating your real estate investing power team.

“I always wished for this,” Eminem once said, “But it’s almost turning into more of a nightmare than a dream.”

In the beginning, you have to be the driver, the coach, the energy source of your team.

What does platinum-selling rap artist Eminem have to do with creating power teams?

If you read Part 1 How To Create A Power Team That Spoon Feeds You Deals, you understand it takes a group of like-minded people to succeed. When you start partnering with people, you quickly find out who just loves to talk, shake hands, and pass out business cards. Their actions whisper in your ear, “I wasted your time.” They need to be weeded out quickly.

3 Things To Avoid in Your Power Team

1) Members Who Have a Poor Attitude or Do Not Participate

“I was playing in the beginning, the mood all changed…”

With new partnerships it is all fun at first. High fives and back slaps. But challenges come real quick like flash floods.

Be clear and unrelenting. Poor attitudes cannot infect your team. Carve those cancer cells out immediately, your success depends on it.

2) Say No To Mixing Friendship with Business

Eminem has made a fortune talking about his broken relationship with his wife. Unfortunately, you will only get a “sorry about your luck” from the bartender as you tell him your tales about a friendship-partnership gone bad.

Someone might have been your best friend since childhood, but when you’re driving business deals, friendships take the backseat.

Most times when the team ends, the friendship ends.

3) Poor Communication

“My English teacher wanted to flunk me in Junior High. Thanks a lot, next semester I’ll be 35…”

When you are starting your Income Property Power Team, every detail won’t be clearly defined.

However, you should be clear on what your goals are and write them out.

Make sure you discuss on conference calls, at least every week or two, on progress, challenges, and successes. If you have a large team, check out services like FreeConferenceCall.com or GoToMeeting.com to facilitate your meetings.

Working with a power team should be encouraging and challenging, not a nightmare. You may never win a platinum music record or earn a Grammy award. But hopefully, you will be able to create platinum relationships so that your power team earns you the financial freedom you deserve.

________________________________

If you’re interested in down-to-Earth advice and tips on income properties, check out Kendall Matthews’ blog, The Investment Real Estate Corner.

Tags: investment real estate, kendall matthews, real estate investing team, real estate power team, real estate team, the investment real estate corner
Posted in Business Management Systems and Tools, Tips and Tricks | No Comments »

Bizarre Commercial Real Estate Strategy Proves Naysayers Wrong

Wednesday, June 16th, 2010

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Richard_Geller_Commercial_Funding_MillionsI first heard about this strange commercial real estate investing strategy from Richard Geller a few months ago. Coolest thing about it … it PROVES the naysayers wrong! HA!

(make sure you download Richard’s free “Commercial Crash Report” pictured here)

Have you ever heard someone say, “You’ve gotta have money to make money?” Haven’t we all?

Well, you don’t need money to make money with this commercial investing strategy. It’s all about your resourcefulness … NOT your resources.

Commercial Real Estate “Crash Report” from Richard Geller

Ok, here’s what you’re gonna learn when you grab your free report:

= > How to get started without cash even if you have a terrible FICO score

= > How to find deals that make banks happy that put cash in your pocket

= > What makes a good deal and a bad deal and how to tell the difference in seconds flat

= > And MUCH MORE!

Click Here to Download Your “Crash Report”

Check out this video to see a few of the nuggets with your own eyes …
(more…)

Tags: commercial crash profits, commercial funding, commercial funding millions, commercial real estate, commercial real estate funding, commercial real estate report, hedge funds, private equity funds, richard geller, richard geller commercial funding, richard geller commercial funding millions
Posted in Business Management Systems and Tools, Cool Stuff, Real Estate Investment Buying Strategies, Real Estate Investment Financing Strategies, Real Estate Investment Selling Strategies, Tips and Tricks | No Comments »

Crab Legs, Burritos, & CASH Buyers

Friday, June 11th, 2010

6 Comments »

I grabbed dinner with Mark Walters recently at a real estate investing conference and had to whip out the Flip Cam. Mark shared a killer tip on finding wholesale buyers, and I had to get it with ya.

Sooooo, come join us as we enjoy some delicious crab legs and burritos :-)


Now … why didn’t I think of that before?? Great idea! Thanks for sharing Mark!

For more info on wholesaling real estate, check these resources out …
(more…)

Tags: cash flow institute, cashflowinstitute, creative real estate, creative real estate investing, mark walters, real estate investing video, real estate investing videos, wholesale real estate, wholesaling real estate
Posted in Real Estate Investment Selling Strategies, Tips and Tricks | 6 Comments »

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    Who's Behind Must Know Investing?

    Patrick Riddle:
    Patrick grew up in Lexington, South Carolina. Went to Clemson University for several years studying civil engineering and wound up doing real estate investing in Charleston, SC.
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