A guy threatened to shoot my staff and I over a letter...
Monday, May 04
Over the years I've sent 4-500,000+ pieces of mail for my own personal investment marketing. This has resulted in a few hundred deals with a great ROI. Occasionally we get some "hate" from someone that's upset that they got a letter. Normally it's a quick "take me off your list" call that ends ...
Stop Prejudging Your Seller Leads!
Friday, November 22
If you prejudge your leads, you’re going to cost yourself a fortune.You never know exactly who is going to choose to sell you a property. If you’re prejudging your leads you’re costing yourself opportunities.I’ve had sellers call me with INSANE asking prices and then sell for 84% less than their ...
I failed on a Brrrr deal! (Couldn't rent it!)
Wednesday, February 20
We purchased this property with the intention of using it as a rental property. The rent comps were there, the margins were there, but our timing was off. We finisehd our rehab right when kids went back to school and I also think we didn't have a nice enough rehab for the area. This is a perfect ...
Following the 75% BRRRR Formula Could Have Cost Us $97,000
Friday, January 18
Did you know that if you're doing BRRRR deals based off of the 75% rule there's a high probability that you won't be able to refniance out 100% of your cash?Had we not started to budget for this in Q2 of 2018 we would have had to contribute $97,000+ to pay off our private lenders after a 75% cash...
How To Manage Your Own Rental Properties
Friday, November 02
As a buy and hold Real Estate investor I see a lot of new investors hiring property management companies simply out of fear. They don't want toilet calls, don't know how to do an eviction, don't know how to screen potential applicants, don't have leases, don't know how to collect rent, and a mill...
What To Do With All Your Returned Mail!
Monday, October 22
I'm firmly convinced that if most real estate investors actually did what they "know they should" do they would be infinitely more successful. As business owners it's often easy to let quadrant 2 activities slip in the hustle/bustle of fires, closings, tenants, employees, taxes, and well... you g...