by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
These are the tools and techniques I’ve used successfully when looking for pre-foreclosure and REO properties. I hope other real estate investors find them as useful as I have. Pre-foreclosures The availability of pre-foreclosures depends largely upon the type...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
Todd Bockman originally posted this article on our Main Real Estate Forum. The following are some excerpts from a training I did on setting goals and achievement. I hope you find it useful. Setting goals Perhaps one of the most important things you will do to ensure...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
Dealing with seniors is a whole ‘nother deal, and those of you doing so should be conscious of some real danger areas that might hurt YOU, not Granny! First, being really real and approaching “seniorhood” myself, and being all too aware that...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
I am in the process of starting up my flipping and rehab business right now. Here is a secret that I have found: Find some houses that have been rehabbed in the past. You can do this by simply searching the public records at the county recorder’s office. Find...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
Let’s assume you have run an ad geared toward generating calls from sellers. The first question is: How is the call answered? I don’t know about you, but I don’t have time to sit around waiting for my phone to ring, so my phone is answered by voice...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
In real estate investing, as in many aspects of life in general, we are salespeople. Learning sales techniques can increase our ability to produce a better income for ourselves by allowing us to make better deals, whether buying or selling. When buying, knowing a...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
Here are four rules that have been very helpful to me in both my business and personal life. They were told to me by a long-time real estate broker and investor in California years ago. 1. Show up2. Pay attention3. Be truthful4. Don’t be attached to the outcome...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
You’ll always make money when you are buying a property cheap, cheap, cheap. Depending on the economy, it may not be as easy as it sounds, especially in the beginning. For example, out of about a dozen properties I bought this year, only one was a true bargain,...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
I’ve been running an ad since last Sunday on a house that I am selling. I’ve had a mix of calls between owner occupants and investors. I’m fascinated with the investor calls. The last guy that called (an investor?) asked two questions. One, where was...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
Here’s a crash course in commercial real estate terms. Gross Rent = Yearly gross rental income from all units Gross Income = Gross Rent – vacancy factor + other income (for example, laundry) Net Operating Income (NOI) = Gross Income – all expenses...