Paul Olson joins Larry to talk about the sell side of building passive income. How do you identify your target buyer and then get them to seek you out and buy a home? What terms should you use that will get your target buyer’s attention? And what are you looking for in terms of down payment and credit history? We are looking for a deserving buyer, with a good sized down payment. But, how do Read More
If you’re looking to save money, there are a lot of ways to do so. Some require a large amount of effort for only a small amount of savings. But what you’ll learn today will save you, on average, $500 every year. Every day you probably see signs advertising someone running for a political office. This could be local, regional, statewide, or even presidential election signs! Here in the Carolinas, we just got finished with Read More
So, you’ve located your property and now you have it under contract. Now it’s time to start marketing that property to find a potential buyer. I’m going to walk you through some of the ways that I’ve found to market my properties. Before you do anything else, have some signs made up to put in the windows of your homes. Most of your sales are likely to come from people driving around to see what’s available Read More
Let’s assume that you’ve already found the property that you want, made the purchase and marketed it to sell. It’s time to go over how to work with potential buyers in order to find the best match for your property. Obviously, many people who contact you are doing so because of the financial incentives of having a low down payment and a small monthly payment. This means that you are going to have to wade Read More
Part of buying and selling properties is that you are going to have to deal with a variety of disclosures. These are intended to both protect the seller and the buyer to ensure that all the necessary information is discussed and that there aren’t any major (and potentially dangerous) surprises when the buyer completes their purchase. Laws and types of disclosures can vary from state to state, so it’s best to get all the information Read More
In this article I am going to focus on the fastest and easiest way to retail a property and earn the most money in the shortest period of time. In this article, I am going to talk about retailing houses to owner occupants. You can earn more money per house by retailing and also get into more creative financing strategies by accepting a second mortgage, buying the rate down, paying closing cost, etc. Because you Read More
Let’s talk about newspaper ads. There are a lot of different ads that you can run. This is one of the key ways that a lot of people get started. There are also a lot of other people out there running ads, so you want to be creative about where you run them. You may not only want to run them under “houses for sale”, you may also want to run them under “houses for Read More
If you’re in business, you need unique business cards. Just your picture will make people hang onto your card longer than a generic card. I recently saw a card where an investor copied part of a $20 on the back so when it was upside down it looked like it was a folded up $20. We use million dollar bill business cards. Some people have magnetic business cards, some fluorescent colors, but the point is Read More
More Free Bandit Sign Stands than You Can Handle How would you like to get all of the free bandit sign stands you can handle for an entire year? I mean seriously, enough to line a major highway for miles. Legally, even. Well, every year right after the local elections, simply call the campaign headquarters for the local candidates and ask if you can take the signs up for free in order to keep the Read More
There are many places where you can put out bandit signs for real estate. Not only can you put them out on stands near the road, on the highway or in front of your property, but I have businesses that allow me to put them in their window and I either pay them rent, a property commission, or per lead. Partnerships Aren’t Only with Other Investors Always keep some signs in your car and stop Read More