Do you know about - Real Estate Investing Gurus - Top Tips I've Learned
Mass Rehab! Again, for I know. Ready to share new things that are useful. You and your friends.Everybody learns from somebody, and, when it comes to real estate investing, I surely have spent critical time and money learning flipping "at the master's feet." I'd like to share the top tips from the top real estate investing gurus I learned the most from over the years.
Ron LeGrand© - any person who needs to copyright his name is probably worth listening to! LeGrand is surely the big name in our business. Although population have been into real estate investing since way before Ron Legrand, I don't think anybody's taught it to the masses like Legrand has. Legrand made noted the Mao (Maximum permissible Offer) formula everybody's used for years.
My many takeaway from Legrand was the Mao formula and the mechanics of the quick flipping business. The noted Ron Legrand quote "the less I do, the more I make" was also my first inspiration for systematizing our real estate investing business.
Robyn Thompson - once I learned the mechanics of flipping, I decided that flipping rehabs was where I wanted to focus. I invested in Robyn's courses, and attended her rehab and marketing for real estate investing bootcamps. Robyn is one of the best real estate investing gurus out there for giving huge value at every level of presentation (from the free ones to high-dollar bootcamp).
I learned a Ton from Robyn about the rehab flipping process, but the estimate one takeaway I got from Robyn was how fast you could categorically flip rehabs if you just threw more resources at them.
Dave Lindahl - I met Dave through Robyn's events, and attended his bootcamps and invested in his courses. Dave teaches flipping for "chunks" of cash, but nobody knows markets or apartments good than Dave.
What has been most critical to me from Dave was his 'Managing for Maximum Profits' home study course. An investor with no sense or training in managing asset is like a lamb to the lions. I started on the right foot, and have managed properties for years successfully.
Louis Brown - Lou Brown is the undisputed king of real estate investing forms. I've used Lou's forms for real estate investing since the beginning, and have all the time appreciated having an expected library whenever I need a new document.
Lou's forms, therefore, are my #1 takeaway from Lou, and I still use many of them today for flipping.
Kris Kirschner - Kris' Auto-Pilot Real Estate Systems(Tm) for Buying and Selling real estate set the acceptable when we were growing our flipping business. Kris is a systems guy all the way, and his real estate systems are used over the country to categorically automate so much of our business.
My many takeaway from Kris was his arrival to "self-serve" showings. Putting a lockbox on the house, giving the code to population to view, then gift a self-serve kiosk in the kitchen with brochures and applications was pure genius, and I can't imagine that we ever showed properties in the "olden days." Flipping real estate is surely best self-serve.
Dan Doran - Dan is the truly the devotee of the sales process for real estate investment, though that barely scratches the covering of what I've learned from him. Dan's 'Sales Mastery' course has made a bigger impact on our real estate company than any other law we've implemented.
If I have to pick just one many episode learned it's this... "If there's equity, Go!" Dan was the first to coin this sales strategy, which was contrary to what everyone else was teaching about flipping (they all said you needed to be looking for motivation, and skip right past the unmotivated sellers). Dan is also a devotee of the inner game, company building, and the pre-foreclosure niche.
Richard Roop - Richard is Dan's partner, and together they teach real estate marketing, systems, and have a remarkable coaching program, which I've been in for years now. Richard is a killer copywriter, and his catchword "Sell your house as-is, for a fair price, on the date of your choice" is probably the most copied real estate headline in our business.
Pressed for the top lesson, I'd have to say it's the point of marketing in our flipping business. The first time I implemented one of Richard's messages on a long-running campaign, I was categorically overwhelmed with phone calls by population who had been receiving my messages previously, but never responded.
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