Archive for December 3rd, 2009

If you are considering doing some property investment and this is a new adventure for you than it is really important that you learn all there is about it. After all you are dealing with your money here and you are going to need as much help and expertise as you can when it comes to starting your first real estate investments. It isn’t like as if you were dealing with stocks were you had a portfolio company or an investor to guide you. To begin with one of the best places to learn is with online real estate investment classes. There will be all kinds of information that you can pick up that is certainly going to help you.

Validate the information One of the areas that you want to be careful with though is that you can get a lot of misguided information on the Internet as well. That’s why you would be much further ahead to take online real estate investment classes.

Shop around for classes Again you will find there are a lot of these available to you. Again though you need to shop around when it comes time to do this as well because you are going to be investing money in your training and you are going to want that which is going to give you the most training for the investment that you are making into the classes.

Applicable classes The other thing that you want to be sure of is that the course that you are taking is pertaining to your area of geographical location to be sure that which are learning is going to be applicable to the real estate properties within that area.

It can be quite difficult to try and determine which is a good training program. Here again as a starting point you could start to read some of the online reviews regarding online real estate investment classes. This will give you a starting point and from that point you will be able to do your own research.

Ask questions Start to look at the various options that they offer and don’t be afraid to ask questions because after all not only are you investing in their program but you are going to be relying on information to make future investments.

Once you have determined to take online real estate investment classes be sure that you dedicate yourself to it and that you apply what you’re learning when the time comes time to do your initial investment. If you aren’t sure of something be sure and ask where you are taking your training program from. They will should be more than happy to answer any questions that you may have

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I invite you to learn more about Real Estate Investing and join our FREE weekly tele-seminar class by going to http://www.realestatewealthtoday.com/TuesdayTipsSignUp.html
Mike Lautensack is a full-time real estate entrepreneur, coach and mentor and creator of the Private Lending Presentation Kit. To learn more go to
http://www.learnrealestateinvestingblog.com/ .

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When you market for potential sellers you’re going to go back to your target area, and this is one of the things we do with our coaching students is we really spend time focusing on target areas. If you really want to be successful as a real estate investor, you’ve got to have a pretty focused target.

    Become an Expert on a Targeted Area

If you’re trying to buy in a whole city like Philadelphia or Cleveland, you’re not going to be very successful because you’re never going to become the expert. You need to pick out little neighborhoods and become expert to those neighborhoods.

Know the rents better than anyone else, know the prices and conditions, know what renters want in those things. You become the defacto expert.

    Exact Marketing

Again, this leads right into that exact marketing. You don’t have to market to all of Cleveland or Philadelphia. You can market right down to each and every block. You can pick five or 10 blocks that you want to market on and that’s all you’re going to work. You can work it for several months.

You can then supplement this with all the other things we’re going to be talking about. But I guarantee you that if you use post-it notes correctly it will get you your highest response and the phone will ring, and it will ring with motivated sellers.

    Voice Mail

Remember this ties in with all our other marketing, guys. If you don’t want these people to call you directly, don’t put your phone number on the post-it note. Put a voice mail recorded system and make them go there and leave a phone number there after that.

There’s nothing wrong with taking these calls. Understand that if you put out a lot of post-it notes, potentially you can get 15 – 20 calls in a single day, so you’re going to be busy, whereas if you have them go to a voice mail recorded message, maybe only half of them leave a phone number. Then the assumption is that the people who leave phone numbers are going to be far more motivated in terms of selling. That’s really where the great deals come.

You now have the opportunity to talk to the seller directly without Realtors involved, without the other people. The really great deals come out of that situation when you can sit down one-on-one with the seller and strike a deal.

————————
I invite you to learn more about Real Estate Investing and join our FREE weekly tele-seminar class by going to:

http://www.realestatewealthtoday.com/TuesdayTipsSignUp.html

Mike Lautensack is a full-time real estate entrepreneur, coach and mentor and creator of the Private Lending Presentation Kit. To learn more go to:
http://www.learnrealestateinvestingblog.com/ .

Please Spread The Word:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • Sphinn
  • LinkedIn
  • Live
  • MySpace
  • NewsVine
  • Print this article!
  • Reddit
  • Spurl
  • StumbleUpon
  • Technorati
  • TwitThis
  • Yahoo! Buzz
  • YahooMyWeb
  • Blogsvine
  • Upnews
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