Comments on: 5 Ways To Streamline Your Real Estate Investing Business Machine

By: SanibelSyl

SanibelSyl — Tue, 16 Mar 2010 18:03:48 +0000

John, truer words were never spoken! Creativity goes a long way in advertising and it does not always have to be the most expensive approach.

By: John

John — Tue, 16 Mar 2010 17:13:26 +0000

David,

Gracias! It took me these past 8 years to internalize these lessons daily. Thanks for reading.

- J. Fed

By: John

John — Tue, 16 Mar 2010 17:12:09 +0000

Neil,

Thanks bud! It is the little things we do everyday that determine our future wealth. I know you know that for sure.

Haha, I cant remember if I thought of “specialize or die” or if I heard it from someone else. Perhaps I combined the old video game “skate or die” with specialize. Anyway, Im glad that you commented how much you liked the post.

- J. Fed

By: John

John — Tue, 16 Mar 2010 17:08:00 +0000

Sylvia,

You’re 100% right! And remember to be tracking your marketing efforts to know what ads are driving traffic and which aren’t. Often times it is the cheapest forms of advertising that work the best. Have you found this to be true?

- J. Fed

By: David Sanders

David Sanders — Sun, 14 Mar 2010 20:37:42 +0000

J Fed,
Great Post!
More Importantly….. YOU’RE RIGHT!
dave

By: Neil Uttamsingh

Neil Uttamsingh — Sat, 13 Mar 2010 21:55:50 +0000

J-Fed,

You touched on 2 points in particular that I thought were great.

1) Do Something everyday

You are so right. Whenever, we take just ‘one’ day off, this can often snowball into ‘multiple’ days off. You are right in saying that ‘real estate is not pleasurable’. However, staying committed to doing at least something each day, keeps us on top of our game. Excellent point.

2) Specialize or die

I really liked this quote. It is obviously a very self explanatory quote. I had never heard it put in those terms, however, I really like it. I am going to steal that quote from you.

Onwards and Upwards,
Neil.
.-= Neil Uttamsingh´s last blog ..Business Life Story Part Two =-.

By: Sylvia

Sylvia — Sat, 13 Mar 2010 17:04:57 +0000

Having commented on previous posts regarding vacation rentals as real estate investments, I would just like to focus on the idea of “doing something every day”. With a downturned economy impacting on vacation spending, real estate investors hoping for a good ROI through vacation rental revenues can’t rely on their management companies alone. They need to be competitive by at least doing some amount of marketing themselves. Whether it be listing their properties on traditional rental sites like TripAdvisor/Flipkey or promoting their properties via social media like Facebook/Second Porch, they need to be hands on. My two properties on Sanibel Island have done a little better in this last year than in the year before mostly because I upped my marketing efforts. It does pay to advertise!