Is This Subtle Mindset State Keeping You Stuck? Since the release of the movie "The Secret," more and more people are setting goals and visualizing the achievement of their goals. Unfortunately, not everyone is seeing rapid results, and in many cases, this is due to a subtle mindset state.The question to ask yourself is simple: am I visualizing my goal as having already occurred right now, or as having nearly occurred at some point in the...more
Option contracts are one of the best ways to make money in real estate with little or no money down. A real estate option contract is defined as an agreement between a seller and a potential buyer of real property that allows the potential buyer the right to buy at a specific price within a specific amount of time. Typically a deposit or option fee is paid to the seller or property owner for the right of the option granted in the contract....more
NO!Make Ridiculously low offers to sellers that most investors are scared to make. When I make offers to sellers I give them a ridiculously low embarrassing offer. You can never know how far you can go until you actually push your boundaries. Wouldn't you agree? Exactly!You dont want to make $2,000.00 on your wholesale deal wandering if you could have had a $6,000.00 pay day if you just offered a little bit less.When you make your offers the seller may not agree with the price you came up with. If the seller doesnt accept the offer allow them to counter you back with a number they had in mine. A technique that I always use is asking them will you take (amount). Instead of saying Ill Offer (amount). I also ask and tell them How much do you need right now for the property I can close quickly with cash. This puts the ball in the sellers hands and you are also reminding the seller that you have the resources to settle on the property fast.The Perfect Mind StateYou need to understand that theres tons and tons of deals out there waiting for you. If a deal falls apart then its NOT the end of the world! I repeat its not the end of the world. If you make offers to sellers with the mind...more
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Finding a seller is only half of the battle my friend in fact its pretty darn easy. If you dont have a buyer you dont have a deal. Luckily for you I have some flawless strategies you can use in order to find a buyer to close your wholesale deals even if your just starting out.1. Do a Deal Split with another Wholesaler Is 50 percent of the Deal better than a big FAT ZERO? Of Course. Many wholesale investors are willing to split the profit 50/50. Meaning they will find a buyer for your available wholesale deal(s). If you dont have a real buyers list built yet I highly recommended partnering up with someone in your market place that does.2. House for Sale Signs - Its a must that you put it out to the world that you have a property for sale. Use signs that have the house information and your phone number on it. Put these on median strips and even at the actual house. Youll be amazed by the results. It will literally have your phone ringing off the hook for weeks.3. Craiglist, Backpage and Facebook - Their FREE, EASY and EFFECTIVE ways to find buyers. Use these websites to show thousands and thousands of people the investment property you have under contract and looking to...more
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