Build Rapport With Motivated Sellers Over the Phone
Learn how to build a know, like and trust relationship with your sellers.
2015 Real Estate Lead Generation Statistics
In this blog post, I'll share my ACTUAL numbers with you for the second time!
How to Find Real Estate Comps
Real Estate Investors are always looking for the greatest resources on how to find real estate comps. I’ve decided to do you guys a favor, and round up some useful links. You can use these in your real estate business to find comparable sales for your properties. You can even bookmark this page for quick reference [...]
Real Estate Acronyms Guide for Wholesalers [Explicit]
There’s plenty of real estate acronyms and jargon to learn. Some of them are a little weird, I admit. That’s why I’ve created this cool little M.O.B. Dictionary filled with Wholesaler jargon that you can use as a pocket guide to help you decipher what everyone is talking about. [...]
Beware: Real Estate Newbies Are Paying Too Much for Houses
When the market gets hot, real estate newbies pay too much for houses! MAO Have you ever heard the term MAO? Its pronounced “mayo,” and it's actually an acronym for “Maximum Allowable Offer”. This is the LARGEST amount of cash that you can offer to your seller and still [...]
What If the Seller Wants an Earnest Money Deposit? (and You Don’t Have it)
If you’re dealing withe the right sellers, then they’re not going to ask for an earnest money deposit in most cases. By the “right” sellers, I’m talking about MOTIVATED sellers, the ones that NEED to sell their house. The instances where I’ve seen sellers ask for earnest money is [...]
Newbie Mistake: Trying To Make a Deal out of Nothing
You've done tons of research and finally learned how to start investing in real estate. You've just mailed out 500 yellow letters or postcards to absentee owners. Side note - I certainly don’t like that list, but I know a lot of you mail to them, so I had to use [...]
4 Sure Fire Ways to Spot a True Cash Buyer
There’s alot of Buyer Look-Alikes out there these days. If you’re new to the wholesaling business, then these artificial buyers could potentially trick you into locking up your deal without ever having the intent of closing. Or even worse, they could WASTE YOUR TIME!! ERGHHHH that makes me so mad. [...]
How Much Earnest Money is Required? | Answer: None
In the state of Florida, and I'm pretty sure that in MOST states across the U.S., there's no Earnest Money required to make a real estate contract legal or enforceable. As a real estate licensee, we're required to attend a pre-licensing training class, which is 45 hours long. We're issues [...]
Do Your Due Diligence People
We have a little more knowledge about the real estate closing process than the average seller. If you don't communicate and explain to them how it's all gonna go down, you may find yourself with a little challenge at closing (sellers don't like surprises). NEVER ASSUME that the seller agrees [...]
