All Forum Posts by: Karl Krentzel

Maybe You Feel Like This...

A lot of people don't care for wholesalers.... what, between the CFPB, Opendoor.com, apps like SQFT and more, it seems like there is an endless group of people to either take your money, take a part of your money, or cut you completely out of the equation altogether.

In today's episode of The Red Pill Investor, we discuss at length this problem, and specific was to fix it!  

Click Here to go to The Red Pill Investor Podcast Blog to listen in and get more info!! 

@Dan...You are my hero... I have boldfaced everything I "strongly agree" with.

You sir... get my personal "Seal Of AWESOMENESS" award!  

On behalf of Investors, Wholesalers, and Realtors® everywhere... may I say...Kudos!

An Open Letter...

It is always fascinating to me, the level of arrogance displayed by those who claim to be "True Investors."

Quite honestly, I've suffered the ignorance of others in silence mostly because I have felt that my opinion is of no consequence.... truthfully, it feels as though you are "pushing rope" with the mindsets of the lesser minded.

However, it is in times like these that it becomes incumbent upon all investors, Realtors® Wholesalers, and others involved in the real estate arena to strike out, and call lunacy what it is.

This is clearly the most uninformed, ridiculous post I've ever read on BP.

The notion that "true Investors" are ONLY those who aren't licensed, or the wholesaler is complete and utter foolishness.

Ignorance? Or Fear?

I often wonder if it is people who believe as you do... are they ignorant (lacking knowledge or awareness in general; uneducated or unsophisticated. in case you need a definition) 

OR 

They are AFRAID.

Fear.. because they know that the Wholesalers and Investing Realtors® like myself are taking the deals from you and giving them to others who are more worthy?

Either way... whether Ignorant (knowing that WHOLESALING IS INVESTING) or Fearful (Investing Realtors® like myself stealing your deals out from underneath your untrained self)

A statement like the one you made on BiggerPockets today is both lacking awareness in general, and simply displays your lack of education.

May I suggest you take a step back and LEARN From those who are INVESTORS like myself, who are also INVESTORS, REALTORS® AND Wholesalers....

You see... people like me?  We are in your marketplace... And if you want to limit free speech on a blogpost about a topic.. TURN IT OFF.. Don't Read it....

But in reality, I think what you are secretly wishing for is the absence of Wholesalers and Realtors® in your "Real Life"... so you PRETEND it could be that way on your Online one.

May I respectfully suggest that you.. instead of critique or criticize the way others do business... you sit down and listen or read?? 

I would be willing to bet you that you will learn something... Trust me.. there are people on this forum that have FORGOTTEN More about Real Estate than you have ever KNOWN...

Okay... This Might Sting A Bit...

Unless I miss my mark, there are probably more than just a few Realtors® in BiggerPockets who are looking to be "Investor Friendly".

My Advice?  Stop.

Why?

The reasons are simple.... by being "Investor Friendly" you many times are setting yourself up for disaster.  Here's what I mean....

Being an "Investor Friendly" Realtor® means that at some point you will have to put yourself in a fiduciary relationship with an Investor.  That sucks. 

Why?  Because then you have to do everything that the Investor wants done!  You have the entire C.A.R.L.O.A.D. of Fiduciary responsibilities as well as the liability... FOR WHAT?

A Teensy bit of commission?  Please.

What's Needed Is A New Kind Of Agent

There will always be agents.  There will always be Realtors®.  Let the other Realtors® in the world, and Agents fight over the scraps that are tossed to them by the Investors and regular consumers in the marketplace.

My suggestion?  Be the Realtor®/Investor who is always "In the Know" about the best deals.  The one who ALWAYS controls them, knows about them, or has access to them before others do.

What this requires is a new work ethic however... 

New Work Ethic For A New Realtor®/Investor

In the not too distant future, Realtors® will be more apt to represent themselves, instead of Investor clients in a transaction.  Why?  Because it takes the guesswork out.

Gone are the days of the Investor "Backing out" of a deal because they were unable to find a buyer.  

Destroyed are the times where you have had to put away your dreams because someone else failed to close.

No more staring at a dwindling bank account because a Investor didn't have vision.

By Agents taking charge, and being agents on their own.. they will have more control over their own income, and their happiness. 

This new "Real Estate Entrepreneur" is on the horizon...  More and more agents like myself are declaring our independence from the traditions of our brokerages and seeking more freedom for ourselves.

Revolutions Aren't Always Easy

Rest assured.  A new generation of agents are reeling from the events of the recent past... Their memories are filled (like mine) with the greed of banks, the greed of homeowners, and all of our incomes being held hostage to the desires of others.

I'm not saying to be unkind, nor to STOP working with them at ANY time... I'm saying... change the script!  Stop being the weak, willing, always giving "agent" in the equation.

Be the Principal.

Listen, it will not be long before these Investing Agents significantly change the landscape of the Real Estate Market as you know it. 

And when it does... remember where you heard it first!

Have A Powerful Sales Day! 

A New Look!

After a lot of input from you, the listeners to the podcast The Red Pill Investor! I've upgraded our site to make it easier for you to find all our free resources!  

Feel free to check it out!  You will find a lot of awesome scripts, calls, and other things available for you! 

Check out The Red Pill Investor Podcast!'s New Look! 

Hey Bigger Pocketeers! 

Karl here over here at The Red Pill Investor Podcast!  

If you have trouble with lead conversion, then I would recommend you check out today's episode of The Red Pill Investor Podcast!  

Today's topic?

How to Convert More Leads!

Thanks again for liking, rating, and subscribing to The Red Pill Investor Podcast!

Have a Powerful Sales Day! 

You don't need any of your own money.  Of course, just like anything else... money makes things easier.  

Every home I've ever bought (with the exception of my personal residences) I've bought without the use of "Money" as you call it... other than EMD.

If you have money however, then you can accelerate your business if you place it in the right places.  For example.. not waste it on useless direct mail, and instead use it to get educated on sales and the career you intend to embark on.

Just my opinion.

k

No matter what you call it, I've been where you are!

In today's episode, I share with you 6 powerful ACTUAL SELLER'S CALLS! Listen in as I handle the following situations!

• A Rough Introduction! Mean Seller? No Problem!
• What to do when it is a listed property!
• How to determine if it is a listing referral or a Wholesale deal!
• How to prequalify quickly prior to the appointment! If you need more time, learn how to get it!
• Rent to Own Conversion!
• How to Confront a Unreasonable Seller... nicely.

All this as a preparation for you to get to The Prospecting Academy! 

Have a Powerful Sales Day! 

Prospecting, Lead Generation, Business Development, no matter what you call it… is the lifeblood of your business. The problem is, you you must generate leads, and then convert them.

If you must daily generate the leads your sales business needs, and then convert them, then you are fighting a uphill battle… no matter what you do, no matter how much money you spend, if you are having trouble converting them, then you have lost!

If you haven’t already got a clear grasp of what Prospecting really is, I think this definition from Dictionary.com that I think pretty much sums it up.

So in order for you to really do your job well, prospecting is more than a noun..(Something we talk about, the potentialities) it is a Verb! Something to take Action On!

Introducing The Prospecting Academy!

The reality of it is simply this. In order for you to make mega leaps in your production, you must learn how to do a couple things really well. The biggest problem that you are having in your business right now probably isn’t lead generation per se… its more lead conversion!

Unless I miss my mark, you are probably the kind of person who recognizes that good things don’t come cheap, and cheap things are seldom good. Am I correct?

The hard truth of it is that you have a greater than 80% chance of failing within the first 18 months. I can’t even believe that attrition rate myself… but sadly… It’s true.

I am committed to you, and your success. Chances are, you’ve not met me personally. So without going into a bunch of my background, suffice it to say that you are here because you’ve heard a podcast of mine on The Red Pill Podcast or read one of my books!

I am excited to provide to my community “The Prospecting Academy” My answer to those who want to increase the amount of transactions that they are doing per year, and being able to net more per transaction!

Here’s some of the problems that The Prospecting Academy will solve!

• Low Production
• Poor Conversion of Buyer and Seller Prospects
• Low Income
• Poor Mindset
• and worst of all… Inconsistent Production!

Unlike what you may think, this is NOT Executive One on One Coaching! This is a very specific course directed to the problem of Prospecting and Lead Conversion! This eight week course will provide the following!

• 8 group calls of training in the most powerful, up to date techniques used in the world today to get contracts signed… appointments made, Sellers prequalified, and appointments held.
• Far more than simply the "What to say..." you will know the why... and HOW! 
• 8 group calls full of Questions and Answers with myself, as well as the other attendees, including the Executive One on One customers… the ones you hear about on the podcast!
• Recordings of every training session… over 16 hours of training specifically for the topic of Prospecting, and Lead Conversion!
• Weekly Homework… and Powerful Accountability you will never forget!
• Lifetime Access to the Exclusive “The Prospecting Academy!” Facebook group!
• Lifetime Access to future courses! Become a repeat attendee for one low cost!

I can assure you… You can keep on spending thousands of dollars on useless mailing campaigns, or Zillow campaigns to generate leads for your growing real estate business. How much money would you make on ONE technique that brought you a deal?

A lifetime of skills is priceless!

Or you can spend the one time fee and learn the skills it took the Investors you heard on “Investor Week!” and kill it for the rest of the year!

Rest assured, just like any other training I’ve ever done, this too comes with a 100% money back guarantee. Simply attend every course, and complete your homework, and if it’s not to your satisfaction in any way, then simply let me know and I will give you an immediate refund. No questions asked. Keep all the recordings as my gift to you!

Time To Fish… Or Cut Bait!

The reality is, you’ve got an 80% chance of failing in the next 18 months. Not because you don’t know what to do, but because you don’t know how to convert the ones you DO find.

Let me help you conquer that fear once and for all. If it takes you going through it a couple times, no problem! One time admission, and you are good for as long as we hold the courses!

Ask around… after 440 podcasts, and 80 videos, 126,000+ downloads on the topic of Sales Skills for Investing Realtors® and Wholesalers, and Sales in general, the value of what I put out is pretty high for what you pay for.

If you like what you’ve heard for free, just imagine what you would hear if you got into THIS course?

Rolls Royce Training.

I stand ready.. I am willing to put over 16 hours of my time to teach you what you need to know… are you willing to meet me on the next class?

The workshop begins June 30th, 2015 2pm Tucson Time!

The Biggest Problem The Worst Real Estate Investors Have!

Surprisingly, it's not what you think.

In today's episode of The Red Pill Investor, you will learn the biggest problem that the worst real estate investors face today... It's not Lead Generation.. it's actually much deeper than that!  

Listen in to the three issues you must know as a Realtor® who invests, or a Investing Wholesaler looking to improve their business!

Today, on The Red Pill Investor Podcast!

Have a Powerful Sales Day!