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August 2008
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Archives

Archive for August, 2008

5 Key Reasons to Become a Bird Dog

Just as a bird dog sniffs out game for the hunter, so a real estate bird dog sniffs out deals for the real estate investor. If you’ve been looking at real estate investing and have wanted to learn more, but you don’t have the capital or the know-how, becoming a bird dog could be the [...]

Wholesaling Properties: Building Relationships with Real Estate Agents

Friend or Foe?
You don’t have to be in the business of real estate investing for very long before you hear the ongoing controversy – should you work with real estate agents or not? Some will tell you, absolutely not. The reason is that realtors are unfamiliar with the real estate investing side of the business; [...]

Wholesaling Properties: Save Time; Prequalify Leads

Time is Money
Newbie real estate investors spend a lot of time running.  It’s the nature of the beast. There’s an air of excitement and exuberance. You get a lead and you want to see that property now. Not now, but right now. The potential seller says to you, “Just drive by and let me know [...]

Wholesaling Properties: 5 People You Need On Your Team

You’re Not the Lone Ranger
When wholesaling properties, you may be in business for yourself, but you cannot be successful by becoming the “Lone Ranger.” You can’t know everything there is to know in all aspects of your business. It’s a good thing at the outset to begin to build your team wisely. Surrounding yourself with [...]

Wholesaling Properties: 7 Mistakes of Newbie Investors

Forewarned
How did you first learn about the business of wholesaling real estate?  Did you read a book? Or hear it on a 2AM infomercial? Or perhaps you know someone in the business. No matter how you learned about it, you quickly caught on that there was money to be made in the business. You may [...]

Is “Subject To” for You?

A Simple Process
Taking a property “subject to the existing loan,” is one of the ways in which real estate investors make a great deal of money. While the process is quite simple, it seems to be a clouded issue for some people.
First let’s look at how simple the process truly is. The term “subject to” [...]

5 Negotiating Tips for Newbie Investor’s

Scary Thought – Negotiating
The thought of negotiating a purchase or sale is frightening to most newbie real estate investors.  “I don’t know anything about sales or negotiating, I just want to wholesale properties” you might be saying. “They didn’t mention that in the 2AM infomercial I watched.”
When you first learn about all the wealth to [...]

5 Ways to Build Your Buyers List

Build Your List Before You Need It!
Beginners in the wholesale real estate investing business are surprised to learn that it is possible to build a buyers list before you ever have a property under contract.  In fact, it is best that you have the list built ahead of time.
You want to be in the position [...]

Wholesaling Properties: 7 Sure-fire Marketing Methods

When your real estate investing business is in its infancy, dollars spent on marketing must be spent carefully. It’s easy to listen to the advice of the gurus (who probably have much more expendable cash than you do) telling you to get a Yellow Pages ad, or to send out mass mailings, and on and [...]

Cut and Dried: The Basics of Wholesaling Properties

Is It Legal?
You’ve heard about real estate investing, and you’re considering getting into the business, but you’re still somewhat confused.  What does it actually mean to wholesale properties and how can a person get started in this business.  You’ve heard it might be illegal.  You’ve heard that you can’t deal in real estate without a [...]