All Forum Posts by: Rod Coleman

Originally posted by Will Barnard:

First, may I suggest spell check before posting, your posts are difficult to read with all the errors.
Second, there are so many different ways to invest in RE, you should first pick an area you feel comfortable specializing in, then ask the question specifically to that arena.

lol... and i think my spelling teacher lol... now alot of newbies are intrested in this answer, infact if u wasnt u would had answered so if your not going to help then dont hurt the thread thank again my new english teacher now correct what i spell wrong in privite i need a silent proofreader

i seen alot of people are interested but no one wants to speack hummm?

Now i dont know too much about this it took me a while to get my frist deal but atleast i got one done and i did take a alot of help ofcourse. but in the sprit of growth tell use how to incress speed and efficey when aquiring properties and either cash flow it if its pretty to flipping the deal and/or rehabing the property what are the steps to do these things and what tips you mave have to incress these our produtivity as new investors

I am fairly new but what i have so far in my learning is that u can pretty much find comps anywhere but that doesn't mean there actuate, and as far as estimating in some book and programs they tell u to pick a number, for example what i have learned is that depending apon the shape of the house going from ugly to real ugly to junk 10,000, 20,000, to 25000 and also depending apon the size needing to be in the area of 1000 to 2000 square feet then to take these unreliable number in to this formula ARVx70%-repairs = MAO and back off slightly for profit now like i said i am new so ,but i do know this is complelely dumb for me use do gurus bring your answers and add your knowledge or subtract from this and tell us newbies how to correctly run the numbers and come up with offer that guarantees u money even if u have to flip the deal over to and end user of course that is if it sales lol...

any other ideas, one of the gurus says pick an number 10k 15k 20k for single family home with an square footage of 1000 to 2000 depending out how ugly the property is

How to Talk to Banks and Homeowners with Bill Twyford does anyone have this product, its suppose to be good its supose to be a good tool for your tool box

MR Holman what do u suggest for an newbie ? everywhere i see they calling newspaper ads, putting out signs, are the to best ways to get business i also heard that writing with markers instead of using ink helps attract more attention

thanks ill check it out, any other ideas

the latest info i was told was that if its a good house multiply the square footage by 10 dollars
if its bad multiply by 20 dollars per square foot
and 25 if its ugly
to get the reproduction cost. i personally think the guy was trying to screw my math up to keep me under him, he is supposed to be my mentor but when i ask him things like this he acts a Lil funny that's why I'm fishing and looking to learn enough to break away.
what do u guys think

Ive been reading a lot of sales books that state consistently that u have to lead your prospects to an choice by giving them choices that leads them makes them from emotion to rationalization while at the same time helping cont to an conclusion. now i know some people don't want to sell but in talking about the unsure of the situation so the answer is not that simple. but i also believe that u need to know there motivation but what do u ask that's or how should u say to to keep it from being or feeling threatened.
also if u make cold calls how many do u make and day, and if so how is your % .