How to Find the 6 Hidden Real Estate Bargains

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In today’s post, Julie Broad of RevNYou is going to discuss how to find the hidden deals that you may otherwise be overlooking . . .

The next time you’re looking up at the clouds in the sky ask someone around you what shapes they think they see. I’m pretty sure they will see something different from what you see. But, once they explain why they think the clouds have formed a shape like a little bunny rabbit or a cup of steaming hot coffee, I bet you will be able to see it too.

“The eye sees only what the mind is prepared to comprehend”, said Henri Bergson, a French philosopher. The same can be said for finding hidden bargains in real estate. While many would-be real estate investors spend a lot of time chasing foreclosures or wholesale deals, the easiest deals may be passing them by because they aren’t watching for the hidden deals – the hidden deals that become so obvious when your mind is prepared to see them.

I’m not saying you can’t find great foreclosure deals or good wholesale deals. One of our best purchases was a foreclosure – but we didn’t set out to find a foreclosure – we were just looking for a good deal.

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Tags: creative real estate investing, Julie Broad, Marketing, real estate marketing, RevNYou
Posted in Marketing, Real Estate Investment Buying Strategies | 5 Comments »

Cheapest Direct Mail List for Real Estate Investing I’ve Found

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Sending targeted direct mail to sellers has been one of our primary marketing strategies to find great deals over the years. We have a three step foreclosure mailer that we send once a lis pendens has been filed on a property. We have an out of state mailer we do. And one of our more successful seller lead generators was mailing to owners of properties where the sale price was $100 or less. These are transfer properties. . . could be from divorce or inheritance among other reasons.

Anyway, direct mail could be a good additional component to your marketing plan. If that’s the case, one of the first questions that you may ask is, “Where do I get the list?”

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Tags: creative real estate investing, direct mail, Marketing, real estate marketing
Posted in Marketing | 8 Comments »

Free Real Estate Investing Teleconference Call Download

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Merry Christmas from everyone here at Must Know Investing!

We just recorded our monthly teleconference call for our real estate investing mentoring program, and being in the Christmas spirit, decided to give it away to you for free. Every month, Dusty and I choose a different topic to cover for our students like buying and selling on lease options, advanced asset protection strategies, financing strategies in today’s market, how to wholesale like a pro, and much more.

This month, our call was, “Secrets to Being a Great Marketer in your Real Estate Investing Business.”

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Tags: creative real estate investing, Marketing, real estate investing, real estate marketing
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How to Maximize the Return on Your Real Estate Marketing Dollars

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When I went to my first real estate investing boot camp, which was 5 days long, I was very new to the business. Prior to this, I had read a few books, listened to a Charlton Sheets course, and attended a free one day seminar in Atlanta (basically a pitch-a-thon for various real estate gurus and their courses). Even though the one day seminar wasn’t packed with too much content, I’m very grateful for it because that is where I met my first real estate investing mentor, Louis Brown.

My education was limited to book knowledge at that point. I had yet to take much practical action towards my becoming a real estate investor. I vividly remember  walking out of the first lunch break and feeling like I had just been stuffed with a mountain of information, and we still had 4 and a half days left!! It was both a good and bad feeling. Good because I was learning a ton of great information. Bad because I realized how little that I knew. It was a great experience all together though. The following week, it sent me out into the field fired up and ready take over the world.

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Tags: creative real estate investing, Marketing, real estate investor marketing, real estate marketing
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The Secret to Getting Started in Real Estate Investing

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Most beginning investors allow the lack of financing to be their easy excuse as to why they haven’t done their first deal so they continually seek to learn more about ways to finance deals. This brings up some interesting questions . . .

What is the most important thing to focus on as a beginning real estate investor?

What’s the secret to getting started?

Should you seek financing options and put everything else on hold or should you start marketing aggressively to get your first deal under contract? If you choose the second option, what if a seller accepts one of your offers? What are you going to do then?

The most important thing that you should be working on is marketing . . . outgoing efforts to find motivated sellers and/or creating incoming lead generators. True, one advantage of having some form of financing secured would be the confidence boost of knowing you can close a deal if you get one under contract. But, the advantages to moving full steam ahead with your marketing far out weigh the advantages of having financing options at hand.

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Tags: Beginning Real Estate Investing, creative real estate investing, Marketing, Real Estate Investing Marketing
Posted in Business Management Systems and Tools, Marketing, Real Estate Investment Buying Strategies, Real Estate Investment Financing Strategies | No Comments »