IC elesson: Call to action: please help me help you
The whole purpose of the inner circle is to give you the thing that REIA meetings, home study courses, and bootcamps can’t give you: individual help with specific issues that are stopping YOU from making that first deal, or building that big business, or whatever it is you want. But in order for you to...
Guest Blogger Robyn Thompson: How to Build Your Dream Team of Contractors
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...
IC ELesson: How Wholesalers Get Sued
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...
What Are You Waiting For? Get Started, Already…
Just this morning, I was having yet another conversation with a fellow educator about the frustration we have with students who have the brains, education, and resources to make deals—but who, month after month, do everything BUT make deals. We discussed people who spend big bucks on courses, set up their LLCs, draft land trusts,...
IC Elesson: What to do in a “Multiple Offer Situation”
As listed inventory throughout the U.S. continues to shrink, I’m getting this question more and more often: “What do I do when I make an offer on a property, and I’m told that we’re in a multiple offer situation and I’m asked for my highest and best offer?” A “multiple offer” situation is exactly what...