7 Things you Must know to get more deals under contract !
While investing in real estate we all know that the #1 thing we all need to be doing is getting more deals under contract. That is our top priority at all times. If they’re great deals we can find a buyer and wholesale the house if we don’t want to rehab the house our selves. Make sure to pick very experienced and highly skilled operators (like myself), as experience is the #1 factor that will determine likelihood of success. Make sure to do your homework on the neighborhood and make sure to NEVER buy in war zones. In order to have more time to be a successful real estate investor follows these following rules:
1. Evaluate deals efficiently and only spend time on ones that make sense
2. Build rapport with the seller
3. Use an expiration clause on all offers both verbal and written at all times
4. Develop a focused marketing plan of 3-5 campaigns you do continuously
5. Listen, listen, And Listen! Build a relationship with the seller anytime you get the chance by listening to them.
6. Follow up! Create an organized system to follow up with all leads on a continual basis. Most people aren’t ready to sell right away, be there when they are ready.
7. Focus on what your good at and delegate the rest to others. VA’s, partners, 25% associates. Zero in on what is the 20% of what you do that accounts for 80% of your results.
I offer a Real Estate Mastery program for those serious about their success. I’d highly recommend you do it to put your career on the fast track and help guarantee your success. By having a mentor that has done over 200 deals and every time of real estate investing transaction, your likely hood of succeeding will go through the roof. Email today about this limited opportunity. I only select a handful of students a year. If you’re not ready for such a large step, feel free to download my free course on the 10 things you MUST know to get started in wholesaling houses today! Happy Investing! By purchasing non-performing notes at a huge discount you can do extremely well in the current economic condition. Many lenders are willing to take 25-40% of what’s owed to them and move on. Make sure to research the specific notes and properties your buying first to insure you can work out a deal with the home owner that is in the property or easily sell the property once you take procession. Also research the challenges of note buying to insure you fully understand them
Stephan is a freelance writer, who often writes about wholesale homes .