The True Cost of Hard Money Loans
Wednesday, October 31
Hard money is not as expensive as many believe because they are generally short-term loans and the interest rates are annualized. That means a loan with a 13% annual interest rate on a 6 month project will only have a 6.5% interest rate.Hard money loans are best for quick deals, like real estate ...
3 Steps to Success in Real Estate Investing
Wednesday, October 24
Use these three steps to find success in the real estate investing business:1. Educate yourself by reading as much as you can about real estate investing as well as attending seminars on the topic.2. Shadow an investor to learn how the business works.3. Coaching, consulting and mentoring will go ...
My 3 Checklists for Success
Wednesday, October 17
Break up your tasks into three checklists: long-term, daily and hourly. Long-term tasks are those week or 2 week long projects. The tasks you have to do before you leave for the day go on the daily checklist. Add phone calls or emails to your hourly checklist. Breaking up your tasks makes it easi...
How We Learned Marketing
Wednesday, October 10
Chris and Jason got into marketing when they realized it was the only way to bring in clients and deals. After spending plenty of money on marketing, they found Russell Brunson. They followed what he does, and it worked with all of their companies! Find his free webinar here: https://hardmoneyban...
How to Use Direct Mail for Your Hard Money Business
Wednesday, October 03
Direct mail can be beneficial for your real estate business if done correctly. It needs to be consistent and you need to follow up afterward.The message should also be more subtle, for example a case study or testimonial to relate to the potential client rather than a sales pitch. When you follow...
Using Personality Types to Help Create Real Estate Partnerships
Wednesday, September 19
When building a partnership in the real estate business, it's important to pay attention to your personality types to ensure you complement each other. Too similar of personalities could lead to partners butting heads, which is never good for the success of a business.At Hard Money Bankers, we us...