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Posts Tagged ‘real estate’

How to Create a Power Team That Spoon Feeds You Deals – Part 1

Friday, May 28th, 2010

2 Comments »

Real_Estate_Investing_Money_StackIn today’s post, Kendall Matthews enlightens us on creating your power team …

Imagine you woke up tomorrow morning and saw your voice mail notification light blinking on your Blackberry.

Just another couple of voice mails from either your boss or co-workers that you would rather not listen to, except something is different about these.

These are “Money Calls”. They’re from your “power team.”

The first one is from your real estate agent, letting you know they sold your property.

The second one is from your CPA, letting you know they referred a business owner who is selling her business and is looking for an opportunity.

The third one is from the marketing director at the assisted living facility down the street. She’s given you the heads up that a new resident owns two apartment buildings that he no longer wants.

What did you do to receive this good news?

Three months ago you decided you had enough of trying to do everything on your own. You decided to create a power team.

After reading this two-part article on creating a team, you’re able to partner with people for real estate profits. Better still, you know the 35 people who should be on your team, and what things you should do with them.

The Purpose of The Power Resource Team

Don’t make it more complicated than it needs to be. Real estate trainer, Mike Ferry, once said, “Real estate is a simple business, don’t make it complicated.”

Don’t make creating a real estate investment team complicated either.

Power Teams can be a group of people that work in real estate. Team members can be people who have the opportunity to help investors accomplish these three goals:

1. Find Deals

2. Find Money

3. Close Deals

(more…)

Tags: creative real estate investing, flip this house, kendall matthews, real estate, real estate investing, real estate investing power team, real estate investing team, real estate power team, real estate team, than merrill
Posted in Business Management Systems and Tools, Marketing, Tips and Tricks | 2 Comments »

Real Estate Investors: Don’t Do THIS!

Thursday, April 29th, 2010

15 Comments »

I see far too many real estate investors make this mistake. Don’t let that be you!

Watch the video below …


(if reading in email subscription, click here to watch video)

Before ya go, leave your thoughts, questions, and comments.

Catch y’all later,

~ Patrick

… aka P-Rid

Tags: beginning real estate investing mistake, creative real estate investing, patrick riddle, real estate, real estate investing, real estate investing mistake, real estate investing mistakes
Posted in Business Management Systems and Tools, Tips and Tricks | 15 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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