Today, Pete Neubig talks to us about how much harder it is to get a problem tenant out of a property once they’ve moved in and red flags to watch out for when placing a tenant. During the application process, there are some clear red flags to look out for, including tenants who will take a property “as-is” or those who have payment issues. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Justin Wilmot mentions how the idea seem cliche, yet many still aren’t following up and they’re leaving money on the table. Justin goes over the importance of having a process in place for your follow ups so that a team member can continuously know when and who to follow up with. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Today, Clay Malcolm breaks down 5 types of real estate investments you can do within your IRA, including how each works. Clay Malcolm, an expert in all things related to IRAs, explains how to use your IRA for alternative assets, specifically for real estate. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Mark Podolsky discusses ways to close on a land deal that’s less than $5,000. Instead of closing at a title company, he shares lower cost ways since it’s an inexpensive deal. Mark Podolsky elaborates on his 3 ways that he closes on inexpensive land parcels, including mobile notaries. Listen in as he shares how this is done. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Lex Levinrad explains how to calculate your positive cash flow on rental properties and how important it is to treat it as a business. Listen in for a great tip to calculate if your rental property is a good deal or not, by comparing the cost of rent charged to the cost of the property. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Leo Clark talks to us today about the benefits of community banks and credit unions when you’re a small business owner. Learn more about how having a line of credit for business needs such as operating costs, marketing, rehabs, overhead cost, and more can help give you quick capital for times you need it. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Today in the classroom, Larry Goins instructs us about how he goes to eBay and Craigslist to search and list real estate investment deals. Larry Goins lets us in on what keywords he searches for and a little about how he lists his properties. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Different neighborhoods appeal to different demographics, as Kevin Ortner shares. Knowing who your demographic is for a rental property can help you determine what renovations need to be done and how to market the property effectively. If a property is by good schools and parks, the demographic could very well be different from a property closer to the city. Take into consideration who would want to live there. In addition, more millennials and Gen X’ers are renting instead of buying these days. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Virtual assistants can be a tremendous help to all real estate investors. Jon Iannotti shares how he’s had some of his virtual assistants for over 10 years. With a bit of training, virtual assistants are perfect for helping the business run smoothly. From administrative work to calling leads, they can take off some of your workload so you can focus on growing your business. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
John Martinez elaborates on why it’s not such a good idea to send blind offers to motivated or non-motivated sellers. It’s important to remember that your offer is your leverage. Conversation is needed in order to find our their reason for selling and by providing a blind offer, you’re cutting off the need for communication. John shares a tip on a strategy to utilize to take the place of a blind offer that encourages communication. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Joe Lieber explains important rules to have as a landlord that you should be firm on so that your profit is maximized and you aren’t taken advantage on. By having policies in place for showings, payments, evictions, and more can help you keep a structured business that is bringing in high returns. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Joe Calloway explains the process he went through in hiring his dream team. It all depends on your business needs so you know who to hire first. For rehabbers, a general contractor might be the first person you hire, just as Joe did. For others, it might be an assistant to help with administrative work. As your business grows, delegate parts of the business to others so you can focus on what you doing best! To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
In the classroom today, Jim Ingersoll remarks on the importance of targeting your marketing to specific buyers, depending on what type of home you’re looking for (Fix and Flip, Wholesale, Rentals, Etc.). After determining what type of buyer you want to go after, there are ways to target your direct mailers so that they’re getting into the right hands. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Jason Lucchesi explains that it can take a little bit of searching to get ahold of the executor of an estate and its heirs, but how you can get more deals done if you’re open to these types of deals. Learn how to contact the executor of the estate and who you can try to talk to to get more information about the property. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Jack Shea explains how to utilize option loans as a real estate investor. Learn why option loans make sense from our expert, Jack Shea. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Jacci Konkle elaborates on why she prefers wholesaling to landlords and how it affects your repair cost. Jacci also comments on how joining local REIAs can help you network and talk with landlords to get their cap rate. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Today, Holly McKhann talks about networking groups in your city and how they can help you grow your real estate investing business. By talking with other group members, you can let them know that they’ll get a referral fee by helping send the right people your way. Making it about them and less about you is critical. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
H. Quincy Long goes through the top 10 tips for lending money privately from your IRA for a deal. If you’re acting as a private money lender, you need to protect yourself and your money. H. Quincy Long explains his tips on how to handle being a private money lender. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Today, Greg White discusses how you should research and take recommendations from friends and colleagues before hiring professionals to help with your real estate investing business. Spend the time hiring the right professionals, including contractors, attorneys, property managers, and real estate agents. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Gene Guarino elaborates on the top 3 ways to secure financing on your residential assisted living homes. Listen in as Gene provides excellent tips on finding financing for homes that you’re making residential assisted living homes. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
In the REI Classroom today, Gabriel Garcia discusses how to double your business in the next year. To start with, visualize where you want to be in life and how to make it happen. In addition to mindset, you need to make it happen. Gabriel elaborates on what you need to do in order to grow your business to be able to double the size. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Today, Franklin Cruz applies the benefits of crossfit to successful real estate investing. Looking at you structure, time, community, and progress are all parts of real estate investing that you need to have perfected. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Frank Cava talks to us today about getting the most out of each deal and how you have to price the purchase, rehab, and sell correctly in order to maximize your profit. By knowing the value by getting an accurate price range from comps, you’re able to effectively price costs. Also, learn what to do if the deal isn’t quite right for you. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
In the classroom today, Duncan Wierman teaches us about how he gets people’s attention without using mailers. By leaving leads voicemails and following up with texts, you’re reaching out to them in creative ways and can move deals quicker. Duncan provides us with his timeline for calling and texting, in addition to tips along the way. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Michael Blank explains that if you aren’t quite ready for investing in apartment buildings, duplexes can be a good way to ease into multi-family investing. Find out the benefits of the investing in duplexes and how can make sense that they’re your next deal. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Today, Justin Wilmot shares his strategies on emailing his cash buyers list. From sending out weekly newsletters to sharing properties, Justin explains why and how often to contact your buyers list. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Dave Payerchin gives us a clever acronym that’s helpful when you’re talking with a motivated seller. By getting to know your sellers hobbies, occupation, friends, and family, you’re able to relate to your seller and have them in turn be more comfortable with selling to you. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Today, Blake Yarborough chats with us about important upgrades to put into your rehab project. Blake shares what areas he focuses on that will bring in a high appraisal. He mentions how spends a bit more and goes for granite in most properties since it helps with appraisal and makes it standout for tenants or buyers. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Andy McFarland explains the one thing to remember when screening calls with motivated sellers. Building a rapport with your sellers and finding out their story can put you ahead of other investors. Andy McFarland lets us in on a few key tips to help build a relationship with the seller. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.
Alex Pardo talks to us today about how he’s more efficient when taking short breaks every hour or two so that your brain has time to recharge. By taking breaks throughout the work day, you’re able to get more done without getting burnt out. To learn more about our Investor Fuel Real Estate Mastermind, please visit InvestorFuel.com.