If you have ever tried to sell a property, or worked with a realtor trying to sell a property, you know that visibility of your listing is key. But websites like Zillow.com and Realtor.com favor new listings.
Now you may have had your property in contract. During the option period, the buyer's financing didn't come through. Now you re-activate your listing. However, at this point your listing may be 3, 4, or more weeks old. Perhaps several hundred new listings have been placed, and you find your listing now on page 9!
What do you do to get back on page 1? What do you do to keep your listing visibility high, and near the top?
There are a couple easy ways to keep your listing near the top. Real estate websites recognize changes in listings, which gets your listing noticed. So, feel free to change the price, either higher or lower. You can repeat this every 2-3 days.
Another tip is to have an open house. Have one every...
Simply put, a buyers list is a list of real estate investors who are regularly looking to buy real estate. They usually are looking for pre-listings and houses that are just coming on the market.
You can use this list of buyers for leads on not only your flips, but houses you wish to wholesale or sell on assignment!
One of the best ways to create your buyers list is to attend foreclosure and real estate auctions in your area. While you are there, you can network and find buyers. It's important to get not only their contact info, but also what type of houses and price ranges they are looking for, and in what geographic areas.
Another way to create your buyers list is through FaceBook. You can find real estate investor groups. Post to them saying you are looking for buyers. It's great if you have a specific property you can mention with this post. Ask them to private-message (PM)...
If you are becoming a real estate agent, or are an agent looking for a new broker to work with, you want to watch today's video. Flip University co-founder Michael Owen discusses tips, advice, and questions to ask potential brokerage firms before you sign on.
In this day and age, with strict laws protecting the rights of the tenant, it is more important than ever to properly screen your rental applicants. Sadly, there are the tenants from hell who know how to work the system and habitually live rent free for months at a time. They have every intention of using the eviction process to their full advantage. You do not want to ever find yourself in that situation.
The screen process should begin with a thorough rental application. The application should ask:
It is very important not to accept any information at face value. Verify everything that you can independently of the application.
The completed application is only the beginning of the rental application screening process. Call...
In this instant gratification world we live in, buyers expect a quick response when they contact you about a property. As a general rule, you have 2 minutes before they move onto the next property, the next realtor, or the next seller. You have to be prepared to reply FAST.
There are a number of ways to ensure that you get back to your prospects quickly.
The method or methods you choose are completely customizable. But whatever you do choose, you want to make sure that your prospects get a quality reply, quality feedback in a very short amount of time.
Watch our video to learn more!
In some markets, the supply of homes to flip may be too limited for your investment goals. Some investors turn to buying land and building homes to sell at a profit.
This can be a great way to earn profits in real estate. However, you must do your homework. There are many things that you need to check out in detail. These include, but are not limited to:
Flip University co-founder Michael Owen talks about these and more in this week's video.
We welcome your comments, questions, and suggestions!
When you are buying an investment property, there are things you need to disclose to the owner, particularly if you are a realtor as well as an investor.
Michael Owen discusses the ethics behind disclosure when buying real estate for flipping. He also gives advice on how to make your disclosures while negotiating the purchase of the investment property.
We welcome your suggestions for future blog topics.
This week's blog post is a special edition. Flip University founders Michael Owen and Thomas Detert do an interview-style video talking about:
Just click on the video below, sit back, and enjoy!
Coming to you from Denver, CO, Michael Owen talks about how success in real estate and making money by flipping houses has changed his life, and the life of his business partners and colleagues. Flip University can help you find similar success, and shorten your learning curve to do so!
Partner Tom's Mental Health Project: http://www.defyingdepression.com, http://facebook.com/DefyingDepression, http://Twitter.com/defying_d
Tom's Photography: http://facebook.com/tomsview
In any field, sport, profession, trade, or what have you, there are always some people who are very successful, and those who are not. Many blame the competition, the economy, or other external factors. The field, the sport, the profession, or trade does not care who you are, or where you come from. You simply have to know what to do, when to do it, and get out there and do it. And a little bit of luck never hurt!
In order to maximize your odds at achieving the success you want, you must have a firm grasp of the skillset you need. That means studying. Studying others who have the success you want. Learning the nuts and bolts. Finding mentors to help move your success along.
Achieving success is a huge motivator. That motivation will lead to more success, which in turn leads to more motivation.
If you want to learn the nuts and bolts; if you want the motivation and success, check out our online content here...