In this video, Andrew shows you how to flip a house by executing the perfect system for demolition, design and display in many different areas of the physical property. Andrew has spent the last decade showing investors of every experience level how to flip houses. Now you too can learn how to flip a house! Today you can expect to learn: A cool way to increase value and sale ability in a house Want to learn more about how to flip a house? Click here to view last week’s lesson! ...
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Professional wholesalers are huge players in the real estate market. As a real estate investor, professional wholesalers can play big role in keeping your business stable. Being a professional wholesaler is a full time tactic. All they do is buy and sell properties. This post will focus on the four best ways to work with professional wholesalers and how it can greatly benefit your business. Get on their “A” list If you aren’t on a professional wholesaler’s “A” list you could be missing out on tons of great deals. Wholesalers normally have a very short list of investors that they call before trying to reach out to new investors. This means that if you aren’t at the top of the list you’re getting the leftovers. Deals that might not net you the amount of profit that you would like or would require you to keep your resources tied up for longer than you want. The bottom line is if you want to fortify the structure of your business and have a place to get properties when you can’t get the number of leads you want, you need to be the first person your wholesalers call. How can you get on a professional wholesaler’s “A” list? Build a relationship with them! Build a relationship with a professional wholesaler I always say that real estate is a relationship business. To be successful in this business you have to constantly create and grow new relationships. The relationships that you build with professional wholesalers are among some of the most important. Understanding the need to get on professional wholesaler “A” lists is step one of building the relationship. Step two is making the effort to build that relationship. If you can’t take out your phone, go down your contact list and call a hand full of wholesalers then you have a lot of work to do. Whether it is Craigslist, a Google search, or a bandit sign you saw on the side of the road, start calling wholesalers. Once you put together a list of wholesalers you need to keep in touch with them. Call them once a week and see what kind of properties they are holding. You might be surprised! A professional wholesaler normally has a stock of properties that would make great investment opportunities. Even if you’re not buying properties, stay in touch with them. Take your wholesalers to lunch every once in a while. A personal sit down like lunch is a great way to learn more about a person and the type of business they run. More importantly, it gives you the opportunity to build a stronger relationship. It’s one thing to regularly deal with somebody over the phone. Putting a face and a personality with a name will only benefit your working relationship. Build a list of professional...
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In this video, Andrew shows you how to flip a house by executing the perfect system for demolition, design and display in many different areas of the physical property. Andrew has spent the last decade showing investors of every experience level how to flip houses. Now you too can learn how to flip a house! This week you can expect to learn: How to save $15,000 a year at jobsites Want to learn more about how to flip a house? Click here to view last week’s lesson! ...
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What is the best way to sell your flip fast? The answer to that question will always vary depending on your situation. This week I’ll be covering some proven tactics that get flips sold quickly. These can be used in conjunction with one another, or you can choose one that fits your system best and implement it. Whatever method you choose to use, you will see results! Make your house the best on the market The real estate game is highly competitive. Buyers are always looking to get the best value for their dollar, and investors are always trying to outdo one another. In order to sell your flip fast you need to have more “wow” factors than your competitors and the right price. Pay attention to your competitor’s pricing and what updated features their houses offer. If you are just beginning a flip this will give you an idea of what to plan for. If you have completed a flip, researching your competitors could help you figure out if your house is lacking anything. Always take the extra step to make sure your house is the best value for the price. Whether it is spending more to get hardwood floors instead of carpet or taking extra time to make sure you’ve got the landscaping done, taking the extra steps to make sure your house is the best house for your dollar value eliminates your competition. Know what your buyers want Pay attention to your competitors Going the extra mile eliminates competition Get your house listed It is no secret that listing your flip is a fast way to get it sold. 88% of home buyers purchase properties through an agent. Sure, you’ll have to pay a commission, but isn’t it worth it to sell your flip fast? Cutting out agents is a bad idea. Sure, you can keep some extra money in your pocket for the time being, but what happens if your flip doesn’t sell fast? You’ll end up paying more in holding costs than if you would have just paid an agent to list your house. You may be great at marketing and can get your house sold in no time, but listing your house with an agent is a proven way to sell your flip fast. You’ll be exposing yourself to the majority of buyers looking for a new home and you don’t have to worry about marketing! 88% of buyers use an agent Not using an agent is really expensive You won’t have to worry about marketing with an agent Create an atmosphere Staging your house can really influence buyer’s decisions. It’s like providing them with a sneak peek into the future! Sure, when a buyer walks into a house they can use their imagination to picture themselves there, but why not give them some...
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