Real Estate Investing Basics

What Can Barack Obama Teach You About Real Estate Investing?

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I’m in Florida all this week, and I’ll be spending Halloween in Tampa (so, if I have too much fun and end up in jail or drowned in the ocean, you may not hear from me for a while…..especially if I drowned). By the way, I decided I’m going to be Uncle Sam for Halloween (I love this country, what can I say).

It’s been an interesting week so far. First, I got a call from one of my tenants that they think another of my tenants got murdered……basically, the one tenant disappeared a week ago and the homicide detectives are now involved. Also, I’m in the middle of my first eviction ever. I’d say after 5 years and dozens of tenants, doing my first eviction isn’t too bad…..it’s all part of the business.

Anyways, this week I want to tell you what Barack Obama can teach you about real estate investing (and yes, those of you who know me know that I'm a die hard Republican, but I respect all successful people). Many people wonder how Obama came out of nowhere, defeated Hillary Clinton and is now close to being President. Well, it's because he has run a brilliant campaign, surrounded himself with brilliant strategists and is raking in millions of dollars in donations. In the last few weeks, I've had two Obama supporters knock on my door and zero McCain supporters.

When it comes to being successful it doesn't matter if you're the most qualified, have more experience, or are the smartest. What matters is if you know how to "play the game" and run the best systems/strategies. As Obama is getting millions in donations, how much private money are you lining up, or how much private money do you have access to? To be successful you have to have access to other people's money (never use your own). Also, take a look at your power team. How smart and successful are the people that you're surrounding yourself with? Do you have a top notch lawyer, accountant, handyman, and title company?

Most importantly, what does your marketing system look like? Obama’s marketing system is one of the main reasons he is almost President. The combination of TV commercials, direct mail, door knockers and radio ads allows him to “touch” millions of people and get his message across. I can pretty much guarantee that if you’ve had a bad year of investing, the majority of it is due to terrible marketing systems (probably a lack thereof).

Alright, I’m off to Clearwater beach. Have a fun and safe Halloween, get your marketing systems in place, and start getting some private money (5 years from now you’re going to shoot yourself if you don’t do everything you can to take advantage of this market). Also, for the new people or those who are struggling, next week I’ll show you the marketing systems you should have in place.

    Dennis
    Replied over 11 years ago
    Rezko.
    Jackie Colson-Miller
    Replied over 11 years ago
    Hysterical…also a diehard Republican…the Obama supporters are nuts…enjoy your stay in Tampa and visit my Tampa blog..[SPAM REMOVED]
    Philippine Real Estates
    Replied over 11 years ago
    I’m also a Republican. I totally agree with you, the tenant-murder thing bothers me though, LOL.
    shon
    Replied over 11 years ago
    Having Warren Buffet as a advisor doesnt hurt either…
    shon
    Replied over 11 years ago
    Having Warren Buffet as a advisor doesnt hurt either…
    Peter
    Replied over 11 years ago
    I agree with you Jason. In my own business where I teach people how to do real estate marketing on the internet, I have had this kind of experience many times. Some people say that this is a secret to success. Surrounding yourself with successful and influential people in your niche is incredible. I have been blessed to experience this myself and let me tell you, your business grows at unprecedented speed. So, when you are looking how to apply this to your own local business, find some influential people in your area, Chamber of Commerce, local media, etc. and find an angle where you can BOTH benefit and talk to that person about doing it. All in all, always remember that when they look at your proposal, they think “W.I.I.F.M.” – What’s in it for me? Thanks for the article. Good timing too 🙂 Peter
    Sound Clips
    Replied over 11 years ago
    Well I guess he taught me that people are superficial. I like Obama, but not for the “Change” or because he is African-American. I don’t like the marketing he used, but I guess it is the new era of politics. Bush Sr. and McCain could have done a better job surrounding themselves with smarter people. Ha! http://www.entertonement.com/clips/33571/Jack-Kennedy-was-a-friend-of-mine
    Sound Clips
    Replied over 11 years ago
    Well I guess he taught me that people are superficial. I like Obama, but not for the “Change” or because he is African-American. I don’t like the marketing he used, but I guess it is the new era of politics. Bush Sr. and McCain could have done a better job surrounding themselves with smarter people. Ha! http://www.entertonement.com/clips/33571/Jack-Kennedy-was-a-friend-of-mine
    Obama Non Supporter
    Replied over 11 years ago
    You know, I didn’t vote for Obama but I agree he really ran a great campaign. The McCain candidacy was a joke, and clearly didn’t “play the game” as well as Barack.
    Obama Non Supporter
    Replied over 11 years ago
    You know, I didn’t vote for Obama but I agree he really ran a great campaign. The McCain candidacy was a joke, and clearly didn’t “play the game” as well as Barack.