All Forum Posts by: Daniel Durham

Has your tenant buyer been prescreened by a mortgage broker to see if she can qaulify for a mortgage for your asking price and also how far out she is from getting qualified?

I suggest that you do that with all of your RTO tenant buyers. That's a requirement I have with everyone on my buyers list. Anyone who wants to take a house has to be prescreened first or I won't let them take it. Follow up with guidance emails on credit repair and debt management and add in affiliate links to monetize off the list.

As far as a monthly rent credit... I agree to keep it low on a $450.00 a month rent.... nothing more than $100.00 that's applied to the purchase price on the back end ONLY if they excercise their option to purchase. It never comes off the upfront rent money. Make sure to inform them that if they don't excercise their option to purchase the house, then they lose the option money and the rent credits because they are non-refundable.

Best regards,

Hi All,

I was just wondering if anyone else has been using blogs and/or niche article marketing to promote their website(s) and if so how has it worked for you so far? I've recently started blogging and submitted my first ezine niche article to increase traffic to my website. I'm curious to know how many of you are using the same promotional tactics and what results if any have you had?

Best regards,

Daniel Durham

I say definately talk with a real estate attorney and a probate attorney on this issue.

Best regards,

Daniel Durham

What I suggest you do is think of a few names for your domain and then go to http:www.register.com and do a site name check to see if any are already taken. That's what I did and luckily my frist choice "Region Real Estate Resource" was available. I suggest that you pick a name that has something to do with your niche.

Best regards,

Daniel Durham

With some basic html knowledge and a web site builder program, pretty much anyone can build a basic web site these days. I built my website myself and I'm contantly adding content as well as offer a newsletter to my visitors. Once you build a site, you have to promote it to build traffic and SEO (search engine optimization) the site with search engine sites. I suggest starting a few blogs and integrating them with your website once it's completed. Also, cross link your site with other websites and submit articles to article websites to promote your website for free and raise your search engine page ranking.

Best regards,

Daniel Durham

1) To get off my lazy butt and get back into the game. I haven't done a deal since before Christmas.

2) Pick up one property a week to RTO

3) Implement and follow through with a weekly to do list

4) Actively network with other investors

5) Start attending local REIA meetings

So you're saying she should just keep reading books and not find a mentor and/or start taking action? Hmmm... interesting...

Hi All,

I've been actively investing in real estate for over a year now and my specialty niche is lease options. The thing is that I'm wanting to branch out into other avenues of the REI realm such as wholesales and rehabbing, but I don't have much of a real estate investor list built up yet. Any advice on how to build up an investor list other than spamming? I recently stumbled across a rehab deal that would have a nice back end profit after putting about $30,000.00 into it, but right now my credit is shot and I don't have anyone to partner up with on the deal. I hate to see it taken by someone else, but with no investor list built up yet... I don't have a choice.

Thanks in advance...

Let's not forget about bandit signs... they work great and can pull in more leads than you can handle depending on your area. Blank corrogated signs and H-stakes run about $1.00 each so place 20 signs out over a weekend for around a $40.00 ad investment campaign and let the calls come in. You can do this to market for buyers and sellers.

Welcome to the "S" quadrant... :lol:

I've been reading books by Robert Kiyosaki and Donald Trump for years and I love the book they wrote together!!

All of the advice the others have written is right on. Since you don't have any assets yet, I wouldn't worry about incorporating at this point. Right now what you need to do is focus on putting together deals and then once you've got your business up and running with assets to protect... then incorporate.

Good luck with things...