Real Estate Marketing
Real Estate Money Matrix – what the heck is it?
Nov 30th
Real estate money matrix is a new “kid” on the block.
It’s not a course in the usual sense of the word, though you’ll get some video training with it.
It’s not a piece of software that just captures leads or runs buy/sell calculator spreadsheets for you. Rather it’s a real estate investing platform. It combines multipe resources real estate investors need to put together profitable deals under one roof:
1. Funding sources for deals,
2. Ivestment buyers, as well as
3. Leads on properties.
When you combine an access to property leads, a list of cash buyers who want to buy something in this bad economy and have means to close, as well as multiple funding sources to help you take down the property in your name…. Hmmm, what else do you need to start putting real estate deals together?
Not much. Well hear more about the Real Estate Money Matrix from Nate Kennedy, its creator.
Private Money Lenders Can Create A Surge of Juicy Real Estate Deals
Nov 26th
Access to private money lenders can have a multitude of positive effects on your real estate investing business. It’ll help you close more deals and make more money.
One of the least obvious perks of using private money lenders is – you can get highly profitable deals trickling down to you automatically. You won’t have to spend money on marketing or spend hours of your precious time scouting MLS for bank owned REOs or other distress properties, making dozens of low ball offers… And hope one will get accepted.
There is a better alternative. And it happens in the natural process of buying and selling houses with private money financing. It works almost like a self-fulfilling prophecy.
When you use cash from one of your private money lenders to buy a house, you can fund and close your deal in a week, instead of taking 30-45 days typical for a closing with a conventional mortgage loan. Every time you use private money loans to close fast – more title companies and real estate agents will become aware of the fact, you’re one of the few, very few real estate investors who can perform. In real estate industry a fast, problems free closing is a commodity in high demand.
For real estate sales professionals – fast closing means they get paid sooner. In today’s tight financing climate when buyers take forever to get approved for loans, Realtors will love you for helping them get a commission check in days rather than months. While many contracts never get to the closing, the fact that your deals funded with private money are sure to close will make you even more valuable to both title companies and agents.
Real estate agents who routinely list REOs will keep your name and number handy. They’ll call you every time they have a foreclosure listing they’re getting ready to put on the market. Clearly, they’d rather have you submit an offer with cash from private mortgage lenders than an unknown buyer who needs an approval for a bank loan.
Imagine a different scenario. A real estate agent has a listing on a bank owned property. The property sells to an investor at a huge discount as a result of drawn out negotiations with the bank… But the buyer couldn’t close on the deal. Now the agent has to find another buyer quickly, before he loses the bank listing.
He’ll have to go through his Rolodex to find his most reliable buyer who can close fast with cash or quick financing arranged through private money lenders. If he doesn’t have one already, he’ll ask the title company and his office colleagues. Who gets the call about the deal? You, of course! You’ve proven yourself in the past in your marketplace. You slide right in and pick up a juicy bargain delivered to you literally on a silver platter at the same low price.
The more deals you close using private money lenders, the more professionals will like and trust your ability to deliver fast, guaranteed closing. And the more deals will “magically” find their way to you. Buying properties at discounted prices using private money lenders doesn’t get any easier than this.
New Real Estate Investing Strategy
Jun 24th
How about a new real estate investing strategy, for a change?
One with less saturation by other “course takers”. Here are some changes quietly happening in the banking industry that can help you load up on cash flowing rental properties, or properties to flip to other investors for quick cash.
In the last few years banks have been under severe pressure from Congress to cut down the number of bad loans on their books – through the loan modification process.
The government even incentivized them to participate. … Yet the banks have done NOTHING about it! More >
Got Empty Houses? Need Owner Financed or Rent-to-Own Buyers?
Apr 28th
Do you have any houses in your inventory you’re looking to sell with rent-to-own or owner financing?
I manage over 100 owner financing websites in all 100 major metropolitan markets in the country. In over 50% of the markets these sites are #1 on Google. In another 40% they are in the #2, or #3 slot.
Remaining sites are all on the first page of Google.
These sites are generating rent-to-own and owner financed buyer leads nationwide. Currently I’m getting a new lead every other day from this network of sites.
If you have an owner financed or rent to own house in one of the major metro markets you’re looking to sell – we should talk.
Here are some buyer leads I have right now (most wanting to move immediately or within 30 days): More >
Marketing For Sellers Online
Apr 26th
Marketing for sellers online through real estate investor websites is one of the inexpensive ways to create a trickle of leads without putting out big bucks for a lot pricier advertising media, such as TV, radio, newspaper, street signage, direct mail or even Yahoo or Google classifieds.
The basic elements of a good website for home sellers are:
#1. Getting or creating a website targeting home sellers
Obviously you need to have a site. It’s the face of your real estate business online. The site for home sellers should look professional. The site should have the content appealing to a home seller who’s in a hurry to sell. That requires creating a persuasive marketing message that communicates to such seller you’re in a position to help him get out of the property fast.
#2. You must get targeted traffic to your site
For example, in my real estate market in Austin, TX the kind of home seller I’m after will likely type into a search engine something like: “sell home fast in Austin“. They could also type More >
Private Money For Real Estate
Apr 26th
Are you putting the cart before the horse?
This thread is in response to the make money in real estate video I posted recently.
The question came from one our my subscribers after he watched the video. It’s a valid question, so I’m addressing it below.
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Hello Alex:
I just watched the I Spy Lender Video…. It makes all the sense and would be a great tool to have. I am ready to place the order….. However I have to sort out a very important issue… Based on your advise used correctly, I am sure I would find private money lenders… My problem would be where, how do I find these properties to use the available funding? Right now buying the video, even though I want to, would be like putting the cart before the horse, would it not?
Would look forward to getting an answer and buying the program for swift application.
Thanks
rashmi desai
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No, it’s not putting the cart before the horse. It’s the opposite. The horse is the funding for your hot deal. The cart is the deal that you are able to fund.
It’s the funding that will be pulling your deal through to closing.
When this kind of a deal with a big discount drops in your lap, it’s too late to be looking for money. More >