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Business Management & Productivity*

Business Management & Productivity*

4 Compelling Reasons to Always Follow Up With Sellers

by John Fedro October 20, 2014
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80% of sales are made between the fifth and twelfth contact with a seller. Additionally, 48% of sales people will never follow up with a client. This article will discuss just a few of the ideas to consider when calling sellers back…

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Business Management & Productivity*

Your Complete Guide to Analyzing a Property in Just 10 Minutes

by Michael Blank October 20, 2014
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When I first got started with looking for multifamily properties, it took me 4 hours to answer the question, “What is the most I can offer for this particular deal?” As you probably know, you gotta kiss a lot of frogs before you find a good deal and can put it under contract. The time […]

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Business Management & Productivity*

Opinion: Allowing Smokers in Your Rental is Costly & Just Plain Dumb

by Eric Drenckhahn October 19, 2014
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Are you aware of the expenses associated with allowing someone to smoke in your rental? If not, you need to understand that a smoker will cost you at least 10% of your profits due to increased turnover costs and additional vacancy. That is an unscientific number, and I may venture to guess it may be […]

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Business Management & Productivity*

7 Intuitive Tech Tools to Streamline Your Wholesaling Business

by Ben Grise October 18, 2014
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Is managing your phone calls and seller leads on paper or with Microsoft Excel driving you mad? If so, then I know exactly where you’re coming from. If you’re like me, you probably started out well, but then as you gained more experience and invested more money into your wholesaling business, you started generating more […]

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Business Management & Productivity*

The Simple, Effective Way to Build Seller Trust & Land More Deals

by Chris Feltus October 17, 2014
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When it comes to submitting offers on distressed properties, a lot of both new and seasoned investors can sometimes get stuck feeling guilty about their offer. But by being genuine with people and truly caring about their situations, over time you will be able to build trust and generate more business while simultaneously providing help […]

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Business Management & Productivity*

How to Overcome Fear & Ask for What You Want (or the Time I Made $30K in 6 Weeks)

by Nathan Brooks October 15, 2014
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There are monumental moments in life we will never forget: in life, in business and with our family and our children. For me, there was one such moment during a deal that came together where I made the most money I had ever made in a real estate deal to that point — and having been […]

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Business Management & Productivity*

The Pumpkin Plan: A 7 Step Process for Fast Business Growth

by Sharon Vornholt October 14, 2014
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I recently read what I believe is one of the best business books on the market. It is called The Pumpkin Plan by Michael Michalowicz. This book lays out a simple strategy to grow a remarkable business in any field. No matter what business they are in, entrepreneurs more often than not reach a point […]

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Business Management & Productivity*

7 Daily Steps to Steadily Build a Real Estate Empire

by Conor Flaherty October 13, 2014
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Real estate can be a very hectic business. There are often many projects going on all at the same time, and every one of them needs attention right this second. I can be a “Ready…Fire! Aim…” kind of guy, so it was important for me to learn how to manage (or at least try to […]

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Business Management & Productivity*

3 Unwritten Rules for When Things Go Bad With Your Investors

by Michael Blank October 12, 2014
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Right before the great recession, I invested some money with a local real estate developer (we’ll call him “Ben,” but that’s of course not his real name!) along with a dozen other investors. He had a fabulous reputation, and the project looked solid. For several months he made distributions and communicated regularly. Then it all […]

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Business Management & Productivity*

The Biggest Unseen Danger for the Busy Real Estate Investor

by Seth Williams October 11, 2014
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A few weeks ago, after sifting through dozens of emails in one morning, it suddenly dawned on me that there were a lot of people in my life who wanted something from me: Some people wanted my professional opinion. Other people wanted me to meet with them for breakfast. Some people wanted to leverage my network. Other […]

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Business Management & Productivity*

I (Almost) NEVER Wholesale Real Estate: Here’s Why

by Matt Faircloth October 10, 2014
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It’s time to stir some things up here on BiggerPockets! I know there is a large community of wholesalers on BP, and I am coming right into the middle of that community and saying that I almost never involve wholesaling in my business. So I’m pretty much getting on BiggerPockets and picking a fight. Crazy […]

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Business Management & Productivity*

4 Steps Every Investor Should Take After Closing on a Mobile Home

by John Fedro October 10, 2014
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After purchasing a mobile home inside a park your next major goal is to sell, rent, or fill this home with a low-risk resident to begin creating cash flow from 1.) monthly payments or 2.) an all-cash profit from a quick all-cash sale. What else may you want to do after closing?

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Business Management & Productivity*

6 Common Advertising & Showing Mistakes Property Managers Make

by Drew Sygit October 8, 2014
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Salutations, readers! It’s time to take an in-depth look at some commonplace and avoidable mistakes that property managers make on an all-too-often kind of basis. This will be an ongoing series — because there are a lot of mistakes you can make when you manage properties. Today, we’re going to start with the beginning: getting […]

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Business Management & Productivity*

4 Crucial Steps to Maintain Your Property During Changing Seasons

by Kevin Perk October 6, 2014
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Fall finally arrived here in Memphis this past weekend. We got to leave the heat and humidity behind us with a pleasantly crisp dip into the 40s. I personally like the changing seasons, especially Spring and Fall, as they are the most dramatic. Spring brings an end to the bitter cold, and Fall brings an […]

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Business Management & Productivity*

10 Things Only Personal Finance Nerds Would Understand

by Brandon Turner October 4, 2014
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At one point in high school, I was the captain of both the Math Club and the AV Club. I did school plays, enjoyed a game of Magic the Gathering from time to time, spent many days building computers and many nights at “LAN parties” playing Starcraft with my friends. It’s safe to say I was am […]

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