Mastering One Of The Hardest Parts Of Real Estate Investing - Getting The Great Deal
April 27, 2009 by Kenny Santos
Filed under Real Estate Investing
Real estate investing has become a very ?in? thing for most people to do because it makes so much sense. As a result of this demand, there are dozens of real estate books and courses for new and existing real estate investors to study.
Most of the real estate investing techniques do work well and many folks have been very, very successful executing real estate transactions practically every day. It is true that real estate investing is a wonderful opportunity where great success can be yours.
But just in case your incoming home seller leads for your real estate business are fewer than you?d prefer, don?t be discouraged and don?t blame yourself. You may just be a ?normal? real estate investor.
For one thing, you should be aware that you might be part of the current real estate investor ?herd?. That statement may sound a little strange but it?s meant to make you think about what may be going on around you.
For example, do you ever feel like you?re using the same prospecting strategies as other real estate investors, facing the same struggles as other real estate investors, and making the same limited progress as many other real estate investors?
Perhaps it?s because there are so many real estate investors trying to get ahead by ?getting the great deal? but ironically that same group of investors are using the exact same strategies to get that great deal.
Whenever you have a large group of people “into” a certain opportunity, like real estate investing, you must find an ?opposite? way to approach it.
In the beginning of my real estate investing career, I went from seminar to seminar, looking for that “magic formula” that was really going to increase my business. I learned a lot about the mechanics of real estate deals just like I learned a lot of theory in college. But I never really learned ?how? to get the deals to come to me.
To remedy this problem, I studied aggressive marketing and business strategies for about two years. As a result, one giant discovery that I made was the absolute need to separate myself from the real estate investor ?herd? in every possible way.
Meaning, eliminate the competition for deals between me and the other real estate investors around me. I did this easier than you may think just by changing my ?positioning?.
Your positioning involves what level of control you have on your incoming business, and that largely determines your success. For example, can you control how many deals come your way? Do you have people calling you or contacting you through your various lead generating ?funnels?? Do you have influence on this process or not? If you?re like a large percentage of investors, you?re probably always chasing down the deals instead of having the deals come to you.
When you have control of your lead generating process and it produces leads for you, you can then position yourself to take advantage of this new incoming business. If you don?t have your lead generating process doing this, make it your # 1 focus until it works for you. Then you?ll have the ability to go to step # 2 which involves choosing exactly what to do with all your leads.
There are many real estate investors who literally have their phones ringing off the hook with sellers calling them and then there are the ?investors? buying overpriced homes just because they?re not educated on how to get good leads. Which one do you want to be?
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Mike Coraluzzi has been called the ?lead generation expert? for investors who don?t have time to chase down deals. He is the author of the ?No-Time Real Estate Investor Marketing System? http://notimerealestateinvestor.com a lead generating system that?s specifically designed to bring deals to the part-time real estate investor. Mike is a successful investor and coach who owns companies in Real Estate and Marketing. |
Learning Secrets Through A Real Estate Investing Seminar
April 22, 2009 by Kenny Santos
Filed under Real Estate Investing
If you are a real estate investor, beginner or experienced, it is important for you to learn about real estate investing. One of the ways you can learn about real estate investing is through a real estate investing seminar.
When many people first become interested in real estate investing, they think of it in the same way as investing in stocks and bonds.
Just as must as real estate investing is similar to other kinds of investments, it is also very much different from these traditional types of investments. In a real estate investing seminar you will learn about how you can invest in real estate and make a profit.
Before you attend a real estate investing seminar, you should be forewarned that sometimes these seminars are not what you would expect. In many cases, the seminars do not have a lot of funding for speakers.
In addition, real estate seminars do not operate for a profit. Because of this, speakers often are not paid. When you attending a real estate investing seminar you might notice that many of the speakers seem to be attempting to sell some kind of merchandise. Although this might not what you expected, keep in mind that even these seemingly salespeople also have a vast amount of experience that you can learn from.
Even though you might experience these sales pitches at some real estate investing seminars, this certainly doesn?t take place at all seminars.
One of the things you will learn at a real estate investing seminar is current market trends. Speakers will tell you everything you need to know about the current real estate market.
In addition to market trends, you will also learn tactics and strategies that will be useful in your real estate investing endeavors.
You might hear of several different kinds of strategies depending on the speaker. Keep in mind that what worked for one investor might not necessarily work for all.
Still, it is good to take notes on what each speaker has to say. This way you get a full picture of strategies you might add to your investing portfolio.
Depending on the purpose of the real estate investing seminar, you might hear any of an assortment of different topics. There is much to the world of real estate investing, far more than can be covered in a few days or even a week.
Some topics at the real estate investing seminar might be covered in detail, while others might only be glossed over with a provision of high level concepts.
When you attend a real estate investing seminar, you should take the opportunity to network with other real estate investors. Unless you work for a real estate investing company, you might not get the chance to meet other investors.
Attending a real estate investing seminar gives you the chance to make contact with real estate investors that might be of some benefit to you in the future. While you might learn a lot during the real estate investing seminar, you can learn much more outside of a seminar type setting. The contacts you make at the seminar will serve as resources in the future.
If you have something that experienced real estate investors can gain from you, they will be more willing to pass on valuable information to you. Just going to the meeting will be stimulating and help give your business a boost.
About the Author:
Claim a free e-book that will show you a system used to control $4.1million worth of real estate for just $22 - and you can follow this system to do the same. Comes with resale rights from: Free Real Estate Fortunes Ebook

