Social Media and Private Money - Pt 1
Friday, March 19
You've probably been expecting something on this topic for some time now, so let's lift up the kimono... Facebook has taken over the world. It won't be long before Mark Zuckerberg runs for president and wins the election easily by solely using Facebook to campaign. Future generations of voters ...
How to Get Your Offers 500% More Likely to Be Accepted
Thursday, March 18
If you guessed that making an "all cash" offer increases your likelihood of it getting accepted then you....are....correct. Don't get me wrong - if the asking price on a property is $1,500,000 and you offer $250,000 cash you're probably going to get slapped (but hey, at least you made an offer)...
Is Word of Mouth the Best Marketing for Private Money?
Wednesday, March 17
Ok. By now I hope I have you really thinking that private money is a marketing process. It's not a financing process. People always look at me weird when I say this, like I'm from Mars or something. A financing process is where you fill out an application, talk to a few bankers or mortgage b...
Somebody Wants to be Your Private Money Investor. Now what?
Tuesday, March 16
All the ducks are lined up...you've presented your opportunity to a private investor, they've expressed interest - now what? First of all, this is exciting stuff...so congratulations if you are at this point. Moving ahead from here, though, requires me to assume that you've already done the...
Diligence - An Important Part of Any Private Money Deal
Friday, March 12
Imagine merrily going about your day. Sun shining. Birds chirping. Then....you get a call on a deal. It's a real beauty. Seems like the planets lined up in your favor (and it's about time, too!). It's a nice 4-unit in a good area. Definitely a B or B+ building and it's 100% occupied. The own...
Some People Want to Ride the Lightening - So Let 'em
Thursday, March 11
It's no secret that there are many reasons somebody might invest with money with you. But, there's one reason that is often neglected by real estate investors. In fact I would be surprised if anybody is really using this one at all - if you are, email me (with a sworn affidavit!). When I fi...