In my business of rehabbing and reselling house, it’s impossible to make any money without the right contractors: those who get the job done on time, on budget, and right. Novice retailers usually don’t have such people at their fingertips, so how can you build a team of good contractors? The answer is by following…
In my lectures about wholesaling, I often say, “Wholesalers don’t get LLCs because they need the asset protection; because of the short-term nature of our deals and the fact that our buyers are professional investors, we’re not as subject to liability as people with tenants or who sell to emotional homeowners. We get LLCs because…
If you’ve ever heard me talk about marketing, you’ve probably heard me say, “Any marketing works better than no marketing at all.” And I stand behind that statement, as long as you also listen to the rest of it, which is, “But it’s worth it to do GOOD marketing, because GOOD marketing gets you a…
As you can imagine, I meet a LOT of real estate entrepreneurs every year. And something that I’ve noticed about many of you, including newbies and old pros, is an energy you give off that I can only describe as clenched-upness. Even folks who are excited, on the surface, about starting or expanding their real…
Negotiating with Sellers Beginning investors have a tendency to get stressed out by the very thought of “negotiation”. They put off calling sellers (or calling them BACK) for days and days. They worry about what the seller might say and what they should say back to the seller. It’s as if they believe that something…