Archive
How to make your top offer: When you’re looking to buy an investment property, it’s important not to get emotional while evaluating the deal. Let me warn you, failure to keep your emotions in check will cost you big time. Ask me how I know. One of the worst deals Ashley and I ever did was a result of us leaving our excitement unchecked. When we were new investors, we wanted so...
Word of Mouth Advertising is a big deal in any business. Your customers need to know what you do and how to get in touch with you. In real estate investing, advertising presents a unique challenge in that you nearly never have repeat customers. That’s because most people don’t have multiple houses to sell. In order to drive your investing business forward, you need to be advertising...
Can you make creative offers with a realtor? You certainly can. Agents will present any and all written offers to their clients. Just make sure you realize this doesn’t make the seller’s agent your agent, however. At the end of the day, the seller has a relationship with their agent. They trust their agent and have hired them to council them as to what is in their best interest....
Make an offer! Pete Fortunato tells a great story about an offer he made. He looked at the house, ran the numbers and gave the homeowner a written offer at a price he could afford. The homeowner reviewed it and said, “I can’t believe you would make me an offer like this. It just offends me.” Pete’s response is what’s so epic. He asked the guy if the house had indeed been on...
I was at worship the other day with a five year old who was trying to sell his Rubik’s Cube. I didn’t know they still make those things, but, I played along. I asked him how much he wanted for the Rubik’s Cube. Tyner: “Nine hundred sixteen”. Me: “Nine hundred sixteen what?” Tyner: “Cents.” Me: “Ok,” “How about ten cents down, twenty cents a month until it is paid off?” He shouted,...