Matthew David
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What is a Quality Buyer’s List Really Worth to You?
Whether you’re using wholesaling, lease-options, short sales or any other investment technique, a huge secret to your success is in how good of a buyer’s list that you maintain.So just how much money is your buyer’s list worth to you?A lot …like millions of dollars a lot.Let me explain to you why using a practical example. The single most successful investor I know (even better than myself) has a buyer’s database of 3000 quality leads. Every buyer on his list has been pre-screened for having the down payment requirements, having good credit, having the ability to work within his time…
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Think Rich Like a Bank
If you ask a devout Catholic, they’ll tell you that “the greatest lie the devil ever told was convincing the world that he doesn’t exist.” Do you know what the greatest lie in real estate is?”The greatest lie the bank ever told was convincing the world that they do not own their properties.”Who makes more money off of a rental property – the bank or the landlord?Try not paying your mortgage and see who really owns your property. They’ll take that property back from you without batting an eye and there’s very little you can do about it.Here’s the truth…
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The Secrets To Attracting Quality Tenants
Do you want to know something about being a landlord? It really sucks if you don’t have quality A-1 tenants. A lot of investors think that there’s more cash flow in renting than there really seems to be. When you compare the small cash flow surplus, which not everyone earns, with the strenuous work of fixing a toilet or evicting a tenant it just doesn’t seem to fully add up.All of that is true unless you made the cash without having to physically manage and oversee your properties. That’s why I strongly urge you to master creative techniques like lease-options,…
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The Secret to Getting Paid Often in Real Estate
Do you know what causes more investors to fail at this business than anything else? Let me tell you something, if this business was called “Real Estate Marketing” instead of “Real Estate Investing,” most investors would correctly understand the business.Most investors simply fail at their business because they don’t view real estate as a true business. This is a huge mistake.All Successful Businesses Make Money the Same Way:1. Purchase a Product/Service at a Set Cost2. Sell the Product/Service at a Higher Cost3. Achieve this in a Quantifiable Period of TimeNow I know some businesses are rather poor with understanding cash…
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The Do’s and Don’t’s For Your Real Estate Marketing
Do you want to know what kills more real estate investor’s dreams faster than anything else? That, my friend, is having no clients to use their creative techniques on. Real estate, like any business, is 90% marketing.”I have always believed that writing advertisements is the second most profitable form of writing. The first, of course, is ransom notes.”Philip DusenberryUnless you want to start writing ransom notes, you’d better stick with marketing mastery.You’ll see that not many people truly get advertising by taking a short look at online classified sites. Look at the ads and just see if it makes you…
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Presenting a Winning Creative Offer
There are a million different creative techniques you can do to close with a seller but there is something important you need to understand first. One of the things most often overlooked is how to present your creative offer so that it actually gets accepted. In fact, your seller’s response can be almost entirely dependent on how you present the offer. Presenting a winning creative offer is both an art and a science.For instance, let’s say that you want to convince a seller who is free and clear to hold secondary financing for you. Which of these two proposals is…
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Most Important Real Estate Lesson You Can Ever Learn
I want to teach you the most important lesson you can ever learn in real estate. Do you know what most real estate agents will tell you?”Location, location, Location.”If you were operating a cash-flowing commercial property, I would agree with you. Let me ask you this though. Would you rather have a property worth $50,000 purchased for $5000 in a crappy area or a property worth $300,000 purchased for $280,000 in a fantastic area?Bill Bronchick said it best, “Invest in great deals, not great markets.” So just how do you find great deals in real estate?The Motivated SellerLike I said,…
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Marketing Techniques to Magnetically Attract Sellers
If you’re going to make a lot of money for a long time through real estate investing, there’s just no way around it. You need to master marketing. The best techniques will work to consistently and magnetically attract motivated sellers to you.Understand This: If you don’t have a consistent stream of motivated sellers calling you every week, then you don’t have much of a real estate investing business at all, do you?Many of these techniques are free and you should at least begin with these immediately. All of these techniques work to bring sellers to you. As you master your…
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Getting Your Lease-Options Sold The Same Day
I’ll never forget the first real estate seminar I ever went to. I left the building with so much hype that I was already mentally cashing my million dollar checks in my head. I was going to help my mom pay off her house. I was deciding whether I wanted a Dodge Viper or a Ferrari. I was also busy planning vacations to exotic places I had never been. A little FYI, I decided on the Ferrari and the Viper.No money down investing. I mean, what could be easier than that, right? Does your story sound something like mine? Was…
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Getting a Top Assistant For Free – New Age Techniques
Here’s a way to get on the short track to making real estate investing work faster for you. Having a team of other people to bring you leads is invaluable to your bank account but it doesn’t happen by accident. Admittedly this technique is harder to achieve for newbie investors who have not done many or a lot of deals. The more you can show a history of being a great investor, the easier it will be for you to build a strong team. As you become a more successful real estate investor, more and more people will look to…
