The first thing I explain to people just starting out in real estate is that they must find a reason why they would want to go to the trouble to buy, fix, and rent out real estate. I mean, it seems like a lot of work!
Free D&B number
November 11th, 2008 | posted by Build_assetsAre you trying to establish business credit? Do you already have an LLC or Corporation? Go to DUNS AND BRADSTREET and request a DB number. It's free. Also keep in mind that you may get a call from D&B asking you what you plan on using the number for. Basically they are trying to sell you something you don't need to pay for. Don't give them any money. The secret is to tell them that you plan to use the D&B number for doing contracts with the government.Once you tell them that they will no longer try and get money from you.
Yeah! I just closed on my second property this morning!
November 10th, 2008 | posted by AngieHey guys,
I just wanted to say I closed on my second investment property this morning! I invest from out of state in a place I have never even visited! I worked to put together a team via phone, e-mail, fax and now I have a great team who are my eyes and do all the running around for me.
How to Retire In Your 30's Part 1
November 9th, 2008 | posted by cbrpowerIn a world of uncertainty, most would have retirement thoughts as far away from themselves as possible. In fact most people are clinging to job security at a time when I am running from it. If this seems frightening then this post is for you. I want to show you a few simple steps to take to map out a plan so you can retire several years, if not decades, early. Retiring early is a must. It was all I could think out. Day and night-I just wanted my freedom. Why are people programmed to think retirement age is 65?
$10,000 in 19 minutes!!!
November 6th, 2008 | posted by cbrpowerYes it is true. I made $10,000 in 19 minutes by sending one text message. I assigned a duplex to another investor on my "buyers list". It is all documented. Now the investor has over $30,000 in equity and over $350 in monthly cashflow. I just love this real estate game. The stategy is very simple.
1. Find a motivated BUYER
2. Find a property 30%-50% below value
3. Match the BUYER and the PROPERTY together and get paid.
Get it done.
Determining Who's MOTIVATED To Sell, And Who Isn't
November 3rd, 2008 | posted by sullyI hope by me writing this, i can HELP some of the "newbies" out there that may be having trouble trying to determine who's "REALLY MOTIVATED" and who's just NOT MOTIVATED enough to sell to us(REI's). Now, when your first starting out your probably going to want to pursue every "Prospect" that you get, but if your Marketing and Advertising is working CORRECTLY, then theirs going to be a time when you just can't pursue every single "Prospect", because your business is growing and time becomes more of an issue.
