All Forum Posts by: Tzvi Ausubel

Great transactions being closed by our network! If you’re not here, you’re missing out!

Hi all, we’re in the back left of the store! Come join us!

Looking forward to seeing everyone at tomorrow's networking event! We'll be discussing the details of our latest transaction, so DON'T miss our Morning Meeting!

If you're not getting any deals, ask yourself the following questions:

1. Are you in the right market?

2. Are you analyzing (enough) deals?

3. What is your process surrounding making offers? Are you consistent in your approach to making offers?

4. Are you building (enough) relationships with real estate agents? 

5. Do you track or save the properties you offer on? Do you follow up with real estate agents when you see a price change?

6. What due diligence do you do on the property before placing an offer?

More on due diligence tomorrow...

Hi everyone!

A friend of mine has been doing some personal development, which led me to listen to some Jim Rohn talks.

When I first started BP, I was soaking up all the PD stuff, just as my friend has been doing lately. So this was a great reminder to relisten to them.

Here are a few points that I thought were powerful and motivating (and I think @Brandon Turner has mentioned a few over the podcasts as well):

1. The major key to your better future is you
2. Learn to work harder on yourself, than you do on your job
3. Profits are better than wages
4. Don't wish it was easier, wish you were better
5. Don't wish for less problems, wish for more skills
6. We can do the most remarkable things no matter what happens

I'd like to challenge you before Friday's Morning Meeting to think about what can you do better? What do you need to work on? What action that you can take that is directly related to any of these key points?

Here are mine related to #4:

1. Better management skills - Delegate 1 additional task to my ____(real estate agent, property manager, kids, etc.)
2. Better hiring skills - Spend 10 minutes thinking of the tasks that drive me nuts / take up a lot of time, that someone else can do
3. Better processes - Spend 10 minutes thinking of a process to implement these tasks in #2.

Share some of your Jim Rohn quotes and how they impacted you!

See you Friday!

Hi everyone! 

We're getting ready for Friday's Morning Meeting and are looking forward to seeing you. Whether you're a new or experienced investor, we welcome you to join us. Our mission is to help you on your real estate investing journey, and show you what we're doing along the way. We'll also be sharing what we've been up to!

On side note, this past week I was on the train and started a conversation with my seat mate, naturally about real estate investing. Her husband (who served in law enforcement) had mentioned to her about real estate investing, to which she honestly said she didn't give his ideas much thought. I started to provider her with some introductory real estate investing ideas, as well as a quick way to analyze deals based on the 2% rule. Of course I suggested BP as my main resource when I was learning to invest. We then started to perform some high level analysis using Realtor.com based on a market she was familiar with (Ames, Iowa). After 30 minutes of conversation, her whole concept of real estate investing changed from impossible to plausible. I'm hopeful she'll get on the BP sight and start investing. 

This is the reason I love the Morning Meeting!

Are you ready to invest or take your real estate investing to the next level? 

Are you analyzing deals and placing offers? 

Are you under contract?

Let us know how we can help you!

Hi All!

Hope you had a nice holiday break everyone and geared up for the summer real estate season!

For our May 10th meetup, we'll discuss real estate due diligence. We'll also provide a real estate market update for Bethlehem and the Lehigh Valley. Also, we're interested in discussing your deals and opportunities as well, so please bring your analysis with you.

***We'll also be raffling off a $5 Starbucks gift card for those who bring a deal to review with the group.***

Looking forward to seeing you on the 10th!

Hi All, please note we had to move the May 3rd Morning Meeting to May 10th! We hope you can make it!

Also, we had a great Morning Meeting this past Friday with our guest host Marcell Belucci, Real Estate Broker and CEO of SPiRAL NY! Thank you Marcell and @Randi Plevy, and all our attendees!

Quick questions:

1. When was the last offer you submitted? When was the last time you followed up on that offer? 

2. When was the last time your contacted a new agent or followed up with your current agent?

3. When was the last time your reached out to a new mortgage lender in anticipation of your next deal? Or your current lender?

I've been exploring new opportunities out of my current market and was ready to submit an offer. But first, I reached out to 2 mortgage lenders. Today I got a follow up from one of the lender's that helped me. He went out of his way to view the property and take pictures for me, since the property is not located near me. In the end, he could not lend on this asset, but having that local experience on my side, and his advice, is far more important to me. As a result of his follow up, I thanked him again and am looking to work with him when on the next opportunity. 

So, even if you didn't get approved for a loan on a deal you were hoping for, maybe it was for the best. Follow up with your lender and say "thanks again for considering my deal, can't wait to work with you on the next opportunity!"

How do you #build #relationships?

please sign in at the security desk and tell them you’re going to 3rd fl conference room. I’ll be in lobby to assist sitting across from security.

Morning meeting is on! See everyone soon!

Hi all,

Thanks for those who RSVPed for the Morning Meeting on tomorrow! We still have several seats left for interested attendees! 

RSVP here to reserve your spot.

On that note, I was reading an ebook on my commute this morning on the subway and same across an idea that ties into exactly what we're discussing this meeting, which is overcoming analysis paralysis.

The book is called "The 1-Page Marketing Plan" by Allan Dib. Dib writes, that strategy and tactics are both required in order to have a successful marketing plan. However, "Strategy without tactics leads to paralysis by analysis."

The same applies to real estate. As we'll discuss tomorrow, the number 1 step to overcoming analysis paralysis starts with a business plan and identifying what type of real estate you're interested in investing, what financial goals you're looking to satisfy, returns you need to become financially free, etc. 

Like Dib says, you must have both strategy (formulating a plan) and tactics (executing the plan) in order to have a successful real estate investment. Once you come up with a strategy and develop the tactics to execute on that strategy, you will overcome analysis paralysis! 

***Do you have a business plan that lays out your real estate investment strategy and tactics? If not, consider Dib's words, if you wish to have a successful real estate investment.***

As @Harv Ecker always says, "True or true?" Leave your comments below!

See you tomorrow!