8 Steps From Searching The Net To Doing Online Real Estate Investing

Does this sound like you? You’ve gone to craigslist.org, you’ve gone to realtor.com, you’ve looked at some of the beautiful homes on videos online, you’ve sent off some emails to realtors and owners; But, you still get cold feet about real estate investing. Part of you desires to make money in real estate. But, you’re tired of going through the same ritual and not following through. Here are some steps to move you out of your comfort zone.

First , you must realize that some of what you feel is real. Fear is real, skepticism is real. Often these feelings aren’t overtly apparent but are manifested by your inaction and “living out your dreams in your head”. The only way to move out of this zone is to take baby steps(but only for a while). Once you take a few steps your confidence will improve. Let’s begin.

To get over your fear of dealing with realtors, you will need to realize there are good and bad realtors in both small and large real estate companies. You will also need to realize that some realtors online do exploit those who are ignorant to real estate. But there are good realtors online as well. And the key is to find them.

Good realtors, just like you and other people in business, value their time. They are good realtors because they create quality time with their clients. Their clients appreciate the service they provide. If you want to become one of those clients, which is essential to building an investment strategy, you will need to do a few things.

First: Decide on what your goal is in real estate: do you want to move slowly? do you want to invest in several homes or just one begin with one ? how many homes would you like to invest in per year? or are you still at the stage where you only know a little and need help knowing what a realistic investment strategy is for you? Wherever you are: write it down. Wherever you want to be: write it down. You’ll be sharing this information with the realtor.

Second: Be honest about your strengths and weaknesses: are you ready, willing and able to invest in real estate? if so why haven’t you done it? write it down. If you’re afraid, write it down. If you lack money or have bad credit, write it down: You’ll be sharing this information with the realtor.

Third: Keep an open mind(Zen buddhism has an apt term called “beginners mind”) When you talk to the realtor listen to their words of wisdom. Stay aware of your feelings. Do you like this realtor’s ideas and input? Trust your intuition. Stay focused. Be humble . Be open to their advice. Trust your feelings and use your common sense.

Fourth: Demonstrate your commitment to working with one good trustworthy realtor. If you’ve followed the third step you will know who that is. Your commitment is shown by staying loyal. Most people run from one realtor to another: using these realtors to show them so many homes, because the average realtor can’t spend all day with you .(Realtors are aware of this strategy so don’t do this. It destroys your credibility.

Fifth: Think of working with a realtor as finding a partner to joint venture with, and also as a mentor who knows more than you do about the business. Take wise advice. Be aware: wise advice will benefit both “you” and the realtor.

Sixth: Realize that one realtor you trust is like money in the bank. Overtime, they will make your investing career easier. You will develop a trust for their decisions and advice. One more thing: if there is any property you want it only takes one realtor to access that information for you: because realtors can find access to all properties through Multiple Listing Services and share commissions with other realtors.So you need not feel that you must search out different realtors for each geographic area.

Seventh: Although email can instantly get you some type of information;it is only a first step. But, you’ll need to reach out and touch your realtor: the best way is through the telephone or face to face . You could email them first, better yet: call them and share those notes you jotted down.

Your first call could go like this: Mr. Williams my name is ——-and I saw your website and I want to find a realtor I trust to work me with on a real estate investment strategy. Do you have time in your day to talk to me, to mentor me, to help me find the right properties for my goals? I think I want to find a good deal to meet my income range and I’d like you to help me find the best location for my money. My credit is ————– but I’m ready willing and able to take your advice as to the best I can buy given my situation. If you don’t think I’d be a candidate for property investing, could you tell me why and what I can do to improve my situation? (STOP and LISTEN) Here is my address, phone number, email and would you add me to your mailing list and could you even send me some homes you think might work for me from your access to the multiple listing resource? When can I talk to you again so we can go over a strategy because I’m really dedicated to learning all that I can and to find out what resources you have available to help me with my real estate investing goals .(STOP and LISTEN)

Last Step: Relax and exhale. You’re on your way to becoming a real estate investor and finding a realtor partner who is looking out for you. If you have any other questions, comments or want advice please write or call me and I’ll answer.

Visions of Success in Real Estate Investing

I was at the beach the one day this past summer, watching a group of kids playing a game of wiffle ball. One of the things I was struck by was how they saw themselves. The kids did not see themselves as Connor, Matthew, or James. Rather, they saw themselves as something greater, they saw themselves as their heroes: Albert (Pujols), Ryan (Howard), and David (Ortiz). While this is not at all uncommon among kids, it is something we lose as adults. Instead of acting with the boldness of our heroes, we become cynical. Sure, we disguise it with clever sounding phrases such as ‘growing up’ or ‘maturing’. However, in doing so, we lose the free-spirited idea that we can accomplish or become anything. Yet how much has this ‘maturing’ cost us? Personally I have missed opportunities to make several millions dollars because of it. I missed these opportunities because I believed that great wealth was not something I could achieve. It was not until I began to have a vision of success in real estate investing and could see myself achieving great wealth in my mind, did I actually begin to achieve it with money in my pocket. If you are having trouble achieving your goals, maybe it is time to examine how you view yourself. Do you ’see’ yourself doing great things, or are you trapped by a lack of vision? Our limits are always that of vision. To achieve greatness, you should not spend all your time looking at how you are now. Instead, focus on ’seeing’ what you want to become.

About the Author

David Schneeweis is the founder of Direct To Success, a personal coaching company. David has worked successfully with entrepreneurs, athletes, students, and others to help them improve their lives, achieve success, and reach their dreams. If you would like more information or to sign up for his free newsletter visit http://directtosuccess.com

So You Wanna Be a Real Estate Investor… Learn how Thursday May 7th.

A former miner, through his company Sell Quick Idaho, which specializes in pre-foreclosure, wholesales, and short sales, Ben has bought and sold over 250 single family homes in the past 3 years earning them well over $3 Million dollars profit!
A speaker for many Workshops in Idaho and Washington, Ben enjoys sharing his story with others and has assisted countless individuals realize that anything is possible with the right education and system, no matter how far you have to climb. On top of the real estate investing, Ben and his wife have earned well over $1 Million dollars in CASH in the last 12 months assisting others in accomplishing their dreams!

Date: Thursday, May 7, 2009
Time: 6:30pm - 9:30pm
Location: SLCC Miller Campus
Street: 9750 South 300 W
City/Town: Sandy, UT

RSVP: Kenny Santos
801.755.9297

Real Estate Investing: Five Strategies For 2007

If you are considering opening a business or simply buying a valuable house, then the answer to your dreams is real estate investing: the offer is wide and the market trends request it. Real estate investing is just the sort of business anyone can start. However, if you want to turn real estate investing into a cash cow for you, then should follow Five proven real estate strategies which have proven truly effective.

Tip #1- Spend time on Research

When deciding on real estate investing, you have to be informed about everything that has to do with real estate investing in order to make sure that the choice you make is the best. Get lots of information, from the Internet or the local newspapers and agencies and use it productively. If real estate investing is your top priority, make sure you get a clear picture of what the property is worth at the purchase date. In case you decide to sell later, the financial side in real estate investing will tell you how prices can vary and what you should expect. Also, it is capital that you take into consideration if repairs and affiliate costs are included in the budget of real estate investing.

Tip #2-Value Adding

Real estate investing should also make you consider, before buying, if you can add value to the property you wish to purchase. The trick is to learn how to do small things that can make a big increase in the property value. But this ties in with the previous point, that is you need to research to see if the current property price is worth your while and effort.

Tip #3-Compare the property and bargain down the price

Very often real estate investing will put you in a position where two or more estates seem very promising and the choice become difficult. This shows how important the ability of comparing the offers is for somebody who adopts real estate investing. In close connection with comparison comes the negotiation skill, which is a must for all those working in real estate investing. Just think about it: you find the perfect estate, but the price is insane. So, negotiating may very well get that house for you without having to pay a fortune.

Tip #4- Know your budget and evaluate your options

Real estate investing cannot be separated from budget evaluation .This means that you will have to get a clear picture of how much money you can spend on a certain property. The trick therefore is to establish straightforward limits for your budgets so that real estate investing won?t dry your accounts. Time is another element that draws heavily on your success, so make sure you seize the moment and obtain the best offer, before anyone else gets ahead of you. Work hard to research and narrow down your options and you will find that you can start making some serious money with real estate investing yet!

Tip #5- Develop a game plan for each investment property

You should know beforehand what to do with a property before you purchase it. This game plan should have an exist strategy with the potential capital gains that you want to achieve before you sell. Also plan what your investment strategy and how you can achieve it.

In conclusion, taking massive action today is what you need to generate wealth in real estate investing in 2007 so seize the day and the money that you dream of may come sooner than you think.

Copyright ? 2007 Joel Teo. All rights reserved. (You may publish this article in its entirety with the following author’s information with live links only.)

About the Author:

Joel Teo writes on various financial topics including Investment Properties in Las Vegas. Learn more about Investment Properties in Las Vegas in our Real Estate.

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