Post-bubble bust, real estate investing in a networked world pretty much achieves this discussion, grab your web surfboard and enjoy the ride.
In this article, I show you what’s working in real estate today and how to use the web and automation to create stimuli you can use right away to take advantage of real estate investment opportunities today. You’ll be shown how to find, finance and market exciting properties while building large lists of buyers and sellers using the Internet to do some of the critical heavy lifting for you.
There are a variety of reasons why the following property types are all the rage, just know that Single Family Homes (SFHs), Condos and Townhomes, Apartment Homes (Multiple Units), Mobile Homes, and Parks and Vacation Homes in many markets are for sale now Some methods to find and control these assets are: wholesale, rehabilitation and retail, purchase, hold and rent, lease with options to buy, assumption of existing mortgages, subjection to existing mortgages and processing probate, auctions, foreclosures and short operations. dirty. (Buying lists for bankruptcies, foreclosures, probate, tax liens, evictions, and divorces also work well.)
Granted, it takes education, knowledge, research, monitoring, strategy, funding sources, and various alternatives to control these assets, but these are all easy pieces of the puzzle when someone like me is willing to help. Researching, locating, analyzing, negotiating, buying, selling or holding techniques can be taught and are not that difficult to understand, it’s just a matter of getting good information and actually using it to make the deals.
Everyone knows that getting a mortgage is the number one method of financing for most, but what about using second and third position notes, rehabilitation loans, lines of credit, government stimulus programs, grants, private money, investor partners, partners and owner/seller financing or maybe just using options to control without using money to begin with, these are all teachable so fear not investor with credit problems, I’m here to help!
Let’s not get ahead of ourselves here, it’s nice to have financing alternatives, but you still need to find the deals, and in most cases, you’re better off finding them at no more than 65% of value or .65 cents on the dollar if you expect to be successful. in selling them to the next buyer for more.
Today, you have at your disposal a serious and very versatile tool: the Internet, the network allows you to market globally, capture and track leads 24/7, generate virtual traffic through your online front door, prequalify leads, post properties, reports, whitepapers, articles, videos and much more. Getting a website up and running is easier than ever and creating an opt-in box for your visitors name and email capture is a breeze too, just know these are not obstacles to your progress, it can all be outsourced from very cheap way. , again using the web to do it.
Once you have a simple website with a capture (lead capture) page set up, you can target all of your lead generation activities for buyers and sellers by placing your web address (URL) on your billboards, classified ads, brochures and newspaper inserts. , direct mail letters, business cards, answering machines, sales signs, etc. In fact, I have a friend who will give you 10 websites a month for $27! Websites are easy. Get one or many!
Now that you have that virtual real estate in place (your website), you need to sign up to some of the most well-known and high-traffic social websites like: Facebook, Twitter, MySpace, LinkedIn along with some real estate networking forums, these will help you Lets the word out about what you do. Backpage, Craigslist, Kijiji and other free classified posting sites allow you to tell people what you have; there are thousands of places on the web to post your message once you have a place to retrieve them too.
Extra credit: Always carry a small pocket video recorder with you to capture property, people, places, and events. The Sony DSC-T700 is perfect for creating short videos to post on your website, Youtube, Facebook and property listing sites. doing business with people they know, like and trust, let them watch it on film to help them build those relationships over the web.
The internet allows you to set up systems and outsource almost everything that needs to be done, allowing you to focus on the basics of making money to find great deals and sell those deals to others for a little more than you paid for, even dead leads. they are worth $450-$500 each when you know where to sell them.
Hopefully, you’ve picked up a few nuggets from the “Be a Real Estate Heavyweight” series. Take action and you will succeed.