Pistols and pit bulls

Pistols and pit bulls   Ashley and I were presenting at a Real Estate Investor Association (REIA) recently, where the topic was talking to sellers. During the presentation, we made mention that Ashley goes door knocking without me. This led to the normal safety questions from the crowd, which almost always includes, “Aren’t you afraid someone is going to pull a gun on you?” That night, that question came from…

A reason why agents forget about investors

A reason why agents forget about investors   Ashley and I saw something last month and again this month that we haven’t seen in a long time. While out door knocking on the pre-foreclosures, we saw realtor signs in front of some of the houses being foreclosed on.   This happened a lot after the crash. Sellers would try to list their properties to get out from under a mortgage…

Transactional versus relationship-based deals

Transactional versus relationship-based deals   Real estate deals can be lumped into two basic categories. They are known as transaction-based and relationship-based.   Transaction-based deals are the ones where you really don’t meet anyone in person. You buy these properties in places like auction sites, the MLS and foreclosure auctions. This deal type is attractive because, for the most part, you can buy them from the comfort of your home…

A big fat jacket

A big fat jacket   Last week, we made an analogy between how you protected yourself from the elements as a kid when you played in the snow and how you should use that same logic to protect your assets. Both should be done in layers.   We talked about layers commonly used to protect financial assets — things like corporations and how the corporate shield is a great line…