Marketing- The Closest Thing to a Magic Wand

The question I hear most often in some form is “What is the secret to success in this business? What is the one thing that can be done to ensure success?” In other words, who has the magic wand? We all know that there is no one thing that makes any business...

Advice My Mentor Gave Me

I’m sure you heard all of these adages: It’s not about getting it right, it’s about getting it going Ready…Fire…Aim Keep on keeping on Fake it ‘til you make it The point with all of them is the same: Taking action…any action…is the first step towards success. Taking...

6 Fundamentals for REI Success

In order to build a successful Real Estate Investing (REI) company, there are 6 fundamentals you must have. These are the foundation of your business and missing any one could severely cripple your chance for success. Exit Strategy – You must decide on the initial...

Wholesale or Rehab?

We have been discussing rehabbing houses a lot this week and you may be wondering should you wholesale houses that you never purchase or should you rehab houses and resell them? In fact, you may even be wondering why I – who you know as a wholesaler – is talking so...

4 Biggest Rehab Fears Shattered

In my last post we discussed the benefits of rehabbing and the amount of money that can be made. You would think that every investor would jump in. But they don’t because of the 4 ugly fears that rise up and show off their vicious fangs. They are known as the “what...

To Rehab or Not To Rehab? That is the question

The decision on whether or not to rehab houses as part of our annual revenue plan should begin with a study of the market. Personally, I believe that I can sell a rehabbed house even in a slow market as long as it is in an area where there are at least some buyers. I...