28 Jul How To Find Real Estate Deals
Hi, Steve!...
Blog
10 Jul There is no such thing as a “self-made” person.
Posted at 08:00h
in Blog
I have something controversial to say. It might just be my opinion, but I think you'll see what I mean by the end of this… There is no such thing as a "self-made" person. (And I'm a perfect example.) I didn't come from money, and I didn't get involved in real estate until later in life. A lot of people might describe me as a "self-made" man because I went from being a bartender and I worked my way up the ladder to get where I am today. I put a lot of hard work in to get to where I am…...
06 Jul The facts about Owner Financing
Posted at 12:15h
in Blog
We love structuring owner financing deals whenever possible because of the massive profit potential. When you're making principal only payments with a free and clear house, the numbers climb quickly — and, as a result, we often get a lot of questions about how these deals work and how we acquire them. So, in this post, we're going to cover some of our most frequently asked questions and provide you with a simple formula that will all but guarantee your next owner financing deal comes in over six figures. If you're looking for an in-depth explanation of how these deals work, that's...
03 Jul Generating leads in a hot market
Posted at 08:00h
in Blog
As with most businesses, generating leads is an important part of the terms (creative financing) niche. If you can't generate leads, you'll never be able to take on new deals. We have a number of tried and tested systems for generating leads that work nine times out of ten. But what happens when those systems dry up? Or there's a lull in the market for whatever reason which typically is that it’s a hotter than normal market for sellers and they’re moving they're properties more readily. The simple answer is… You need backup sources! Here's what we do. Our primary sources We have...
01 Jun Do The Hard Things First
Posted at 12:30h
in Blog
A lot of people like to start their day with an easy task so they can knock out something small and get moving. I'm here to put an end to that. It's time for each and every one of us to start doing the hard things first. Why? Because that's when we have the most energy and focus. We have the ability to change the entire day by getting a major win first thing in the morning. That moves us forward and we can keep it going throughout the day. But more importantly, it means that we are always going to get the...
29 May 3 Ways to Avoid Complacency and Find Freedom in Your Business
Posted at 07:45h
in Blog
John Alexandrov was an attorney in Massachusetts for over 30 years. He was best known as a leader, providing business legal services to entrepreneurs and business owners. John represented hundreds of business owners and entrepreneurs, and he was as well known for his business skills as he was for his legal skills. Capable in all aspects of a business’s legal needs, he brought real-life business experience to the table as an entrepreneur and business owner himself. At the same time, John knew how to act decisively, lead, guide, and manage a team of C-level officers in any company to the effective...
25 May What happens when the property you’re looking to buy on terms needs repairs?
Posted at 11:25h
in Blog
We tend to focus on nice, move-in-ready homes that don't need significant repairs or maintenance—but that doesn't mean repairs are out of the question or uncommon. Sometimes there are a few underlying issues with a home, and that shouldn't stop you from buying it on terms. If you do find yourself with a property that needs a few repairs, here's how we recommend handling it. Let's say you find a nice, move-in-ready home but find out that the chimney needs some repairs. (This is an actual situation that occurred recently with one of our Associates.) There are essentially three questions that you...
08 May What To Do If Your Seller Is In Arrears
Posted at 08:25h
in Blog
In the terms niche, we provide solutions for sellers who are having difficulty selling their home and buyers who are unable to purchase a home conventionally. That means we often deal with sellers and buyers who are in very unique situations. Whether it's a seller who is desperate to move or a buyer who had an incident in the past that is affecting their credit, we can help both parties out. In this case, we're going to look at a deal where the seller was actually behind on his mortgage payments by several months. This might sound like a red flag,...
24 Apr How to Juggle Real Estate and a Full-Time Job (From Someone Who’s Been There)
Posted at 16:16h
in Blog
In this blog post, Don Strickland, one of our High 6 Associates and an engineer turned real estate investor, shares how he became one of our most successful Associates while still working a nine-to-five job. It's possible! Below you'll find some of his best tips and advice. Life is busy. I try to juggle my kids’ sports, my full-time job, the real estate business, and everything else in life. But being out there and seeing what Chris and his team do propelled me even further. Seeing how Chris has been able to create a thriving family business made me want to...
17 Apr What To Do When Your Buyer Has No Credit History
Posted at 06:55h
in Blog
Rent to own deals are perfect for people who are building credit or have bad credit due to some past circumstances. We provide them with a way to build their credit and purchase a home when they would be otherwise unable to do so. But what if the buyer has no credit history whatsoever? It might sound crazy, but it does happen. In this case, our Associate found a buyer who is self-employed and has paid for everything in his life with cash. So when they checked his credit history, nothing came up. Here's what they did… The seller The source of this deal...