What are your skillsets that separate you from your competition?

Most Popular Reply

So MD · Member since 2019 · 294 posts · 191 votes
6y

Always follow the golden rule.

See this reply in the discussion

18 Replies

Jump to latestLatest
  • Collin HaysBusiness Member
    Property Manager · Gatlinburg, TN · Member since 2020 · 3k+ posts · 4k+ votes
    6y

    I am honest and try to talk people out of being my client.  Local, family-run business that isn't trying to squeeze every dime from our guests and clients.  We give our clients a free 6 month test drive just to figure out if they like us.  ;)

  • Glen Burnie, MD · Member since 2020 · 12 posts · 8 votes
    6y

    I've been a cyber analyst going on 10 years now, so my daily activity involves collecting data, analyzing it, and extracting the most important parts to make an assessment. I believe this will help me in analyzing properties to get the most $$$ out of them.

  • Specialist · Cape Girardeau, MO · Member since 2020 · 43 posts · 9 votes
    6y

    I will never, ever, ever, ever quit. 

  • Rental Property Investor · Minneapolis, MN · Member since 2016 · 214 posts · 132 votes
    6y

    @Paul Sandhu

    Ability to say “no” to people, care a lot about my properties, good design sense/style (I like to think).

  • Rental Property Investor · Upstate, NY · Member since 2012 · 3k+ posts · 3k+ votes
    6y

    the hard earned wisdom of old AGE !!!

  • Kenneth GarrettPro Member
    Investor · Florida Panhandle/Illinois · Member since 2016 · 4k+ posts · 3k+ votes
    6y

    @Paul Sandhu

    I believe I can find deals where others have passed on it. Look at properties on the MLS that have been sitting there and everyone has passed them up. I can be creative and find a good return where others could not. Secondly I'm not afraid to contact people about deals. I found many deals sitting in small banks (REO's). I'll never understand why they just sit on them, but they do. Best part no competition.

  • John UnderwoodPro Member
    Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
    6y

    I put the work in where other people are unwilling to do so.

  • Real Estate Agent · Sevierville, TN · Member since 2015 · 1k+ posts · 1k+ votes
    6y

    When I decide to do something, I do it.

  • Investor · US · Member since 2017 · 71 posts · 80 votes
    6y
    Originally posted by @Kenneth Garrett:

    @Paul Sandhu

    I believe I can find deals where others have passed on it. Look at properties on the MLS that have been sitting there and everyone has passed them up. I can be creative and find a good return where others could not. Secondly I'm not afraid to contact people about deals. I found many deals sitting in small banks (REO's). I'll never understand why they just sit on them, but they do. Best part no competition.

    Do you have any special strategies for finding REO deals? I have picked up 2 of these that ended up on the MLS but what has been your experience?

  • So MD · Member since 2019 · 294 posts · 191 votes
    6y

    Always follow the golden rule.

  • Rental Property Investor · Hawthorne, CA · Member since 2018 · 655 posts · 900 votes
    6y

    @Paul Sandhu

    My end result isn’t about money it’s about pleasure and everyone’s pleasure is different.

  • Investor · The worst town to live in, KS · Member since 2016 · 4k+ posts · 4k+ votes
    6y
    Originally posted by @Damaso Bautista:

    @Paul Sandhu

    My end result isn’t about money it’s about pleasure and everyone’s pleasure is different.

     My tenants just have basic needs.  A place to cook food, do laundry, sleep, shower and drink beer.  The atmosphere of Hugh Hefner's mansion is a bonus.

  • Kenneth GarrettPro Member
    Investor · Florida Panhandle/Illinois · Member since 2016 · 4k+ posts · 3k+ votes
    6y

    @Aaron F.

    Contact some small local banks and ask if they are holding any REO's. You can get real good deals. I bought three properties for about $80,000 each last year. If they were on the MLS they would have been over 100K each.

  • Springfield, MO · Member since 2017 · 158 posts · 114 votes
    6y

    @Paul Sandhu I have impeccable financial intelligence and discipline. When my wife and I left the military we had close to $130k in savings and virtually no debt. We purchased our forever home last October and plan to have it paid off in 7-10 years and we just purchased a duplex with a business partner with a portion of our savings. We plan to add our second property with @Brian Scheer in the coming years.

  • Rental Property Investor · Cambridge, UK · Member since 2020 · 203 posts · 95 votes
    6y

    Processes for everything and ensuring each team member knows what they are.

  • Rental Property Investor · Brookshire, TX · Member since 2019 · 56 posts · 16 votes
    6y

    I’m always willing to make a low offer. Im willing to live in a run down property to fix it up. I believe everything is negotiable. I can now spot a terrible listing in my market. I’m not afraid to survey the neighbors door to door before I make an offer (if possible). I’m not afraid to ask why I can’t have or do something. I know I’m not entitled to anything.

  • Plantation, FL · Member since 2009 · 329 posts · 119 votes
    6y

    I'm lucky (mostly)

  • Scott KronePro Member
    Investor · Northbrook, IL · Member since 2017 · 352 posts · 295 votes
    6y

    My mentor refers to this as Differential Advantage.  We all have one, it is a matter of recognizing it, and emphasizing it.  Ours is this:  We are able to evaluate and assess real estate from 3 perspectives:  developer, architecturally, and from a construction point of view.  Most investors are only able to do one, a few two.  I have only run into a few that do all three. 

Join the conversationCreate a free account to reply, vote on answers and follow this thread.