All Forum Posts by: Michael Perry

That may have something to do with it!

LOL!

I have been investing since 2005 and I do not even know the meaning of ROI or NOI.

What is "ROI"?

I do enjoy watching the gurus jockey for market share on the internet and the myriad ways that they use to drive traffic to their sites. Some of these gurus are geniuses...and I say that with all sincerity.

And it is neat to watch the young usurpers begin to displace some of the older, established gurus.

A few of the guys who pioneered things like "Virtual Wholesaling" or "Probate Sales" are rapidly becoming irrelevant.Their gimmicks seem so....passe', when compared to the tactics being used by the young, good-looking and charismatic guys who have all the chops.
The other day, while visiting Youtube, I stumbled upon a video featuring an old guy doing a plug for one of the other, younger guys. He was smiling into the camera as he said, "Hey, Folks, you have to get Mr Rockstar's latest video to learn the latest way to buy probates!".
As he spoke, I was able to pick up a sheepish look about him and body language that indicated a lack of confidence. It was easy to tell that the realization that he was now just a mouthpiece for a youngster had just dawned upon him....just as he was speaking.
It's like an REI soap opera.

There are several guys in Charlotte that have wrapped vehicles. I think it looks sharp and is something that will definitely get attention.

I like Ryan's posts too.

This post made me want to vomit.

Alex, I think that the other posters have laid out the various approaches.

Remember...keep your hands clean at all costs. No amount of money is worth getting involved in something that could result in hackles getting raised and resulting in bad press or legal action. Don't let greed be your motivator. By the same token, don't "over help" because you are trying to be a benevolent person.People who don't do what we do don't understand the unspoken codes that we live by and if you piss them off, they'll see you as an enemy and start gunning for you. (The road to hell is paved with good intentions.)

Size up the deal. If it is really tricky, call one of the old pros down at your local REIA....the guy that has been investing since mankind resided in caves and teepees. A lot of times, these people will dispense advice for nothing and may even jump in and put a deal together that allows you to fade into the background...and break you off a fee...under a "gentleman's agreement." This is really the lowest risk play and one that I use to this day. The old pros know how the game is played and how to take control and keep their mouths shut.

I just "did" a deal in such a way.

I'd be interesting in hearing responses from the pros on this one.

This is why your site is so good, Joshua.