10 Ideas to Kick Start Your Day

1. Go to bed early…Sleep is critical. Not getting enough sleep leaves you groggy. To be a peak performer you need to feel and be fully energized.

2. Eat breakfast. Something healthy that will provide you with the fuel you need to take on the day. A good protein, some greens, a piece of fruit and large glass of water.

3. Be grateful. Write 3 things down that you are grateful for.

4. Make your bed. A made bed makes your room look clean, neat and organized.

5. Exercise. MOVE, STRETCH,MOVE get your blood flowing!

6. Review your top priorities for the day.

7. Schedule your day down to 15 minute intervals. Complete your top priorities first.

8. Avoid Email save it for the afternoon.

9. Get started before everyone else.

10. Read 10 minutes of something inspirational.

15 Tips to Help you with a House Flip

1. Get educated! Don’t just jump right in and expect to make a fortune. And be careful out there because the guru trolls are hard at work trying to separate you from your money.

2. Network with local house flippers. Find out who is really kicking butt. If you point them in the direction of a deal I am sure they won’t mind sharing a few tips with you.

3. You got to put in the time if you want to make a dime! Flipping houses is not a get rich quick scheme even though some gurus will lead you down that path.

4. Know your town inside and out. OK, you have to get off the couch, hop in your car and drive up and down your local streets.

5. Find a GREAT investor friendly real estate agent.

6. Know where you are going to get the money from to pay for it.

7. Being afraid is natural. Let your fear mechanism keep you safe but not from taking action.

8. Partner with someone with experience, or with money. Partner to fill gaps in your skill set or business needs.

9. BIG money can be made in Flipping Houses and BIG money can be LOST.

10. Work Fulltime? It can be done but it is hard.

11. Doing the work yourself? That’s great if you just want to flip 1 to 3 houses per year. If you want it to be scalable plan on hiring contractors.

12. What are your skills? Can you manage people? If you have never done it think about outsourcing to a “project manager” could be a partner or a general contractor. Remember you still need to be involved and on top of your manager.

13. House Flipping takes MONEY MONEY MONEY. This can come from many sources. Learn the many options available to you before committing to purchasing your first rehab.

14. Watch the drama filled flipping TV shows. My new favorite is “First Time Flippers” lots of episodes on not what to do!

15. Don’t know how to fix anything in a home? Go to Home Depot or Lowes and pick up the book 1-2-3 Home Improvements

Get Off Your Couch and Get a Deal Done without a Coach!

I know that a lot of time passed before I even landed my first real estate deal. I think , no I know years went by. I can remember back in the early 1990s after the Savings and Loan crisis dreaming as I read the auction section in the newspaper.

I was around 21 and I would tell my Dad, “Hey look at this house it’s in a great neighborhood we should go to the auction.” He would always respond with, “We have no money”. He didn’t know it but he would drain the motivation right out of me.

The dream never left.

I am infatuated with the idea that you can by a home with very little or no money of your own and use some one else’s money to pay it all back and put the difference in your pocket. It took me 20 years before I would complete my first profitable deal which was a simple flip.

In 2011 the market was just as bad if not worse than in 1990s and I was viewing houses and multis on the internet every day. I was reading blogs and forum posts about real estate investing for entertainment as well as knowledge.

Then I fell into the education trap. I bought courses on how to make money with tax liens, tax overages, wholesaling, online mentoring programs and finally a program to start a House Flipping business.

The final course as I went through it never gave me one piece of information that I just stopped and said, “A HA”but it did push me over the fence to get something done. I am writing this post hoping it helps you get your first deal done and saves you from laying out your deposit money!

If you are just getting started here are my simple steps to getting to your first deal.

1. Go to Vista Print and have 500 hundred business cards made they should include your name and all forms of contact. You also want a tagline similar to “Rebuilding America One House at a Time”

2. Second make a list of everyone you know. You are going to call them and tell them what you are doing. Hi “Joe” I am starting a part time business locating houses for several investors that I know who are willing to pay cash if you know of anyone wanting to sell a house or multifamily would you share my contact information with them? When they say yes give your business info even if it is the same. Also send it to them in the mail. I use nice card that I send right from my computer by using this service provided by SendOutCards .

3. Now keep the momentum going and get out and Network . Attend local Real Estate Investor Association Meetings, Meetups, local business functions, I joined some interest groups such as a book club and SHARE what you do.

4. Stay in touch with everyone. Send birthday cards, anniversary cards, Holiday cards etc. this keeps you fresh in their minds and helps build relationships.

5. Have lunch and coffee with people on a weekly basis just to talk.

There are many more strategies and this is just one to get you started. As your Networking matures you can focus on certain professional s such as Realtors, Lawyers, CPAs.

I know if you tell 500 people what you are doing you will find your first deal. Now go get em!

15 Ways to Build Rapport and Buy More Houses!

1. Like you people want to do things with people they like including selling their home.
Keep the conversion centered on them.

2. Keep your attitude in check. Nobody likes a know it
all. Be courteous and polite.

3. If you had a dollar for every time you heard this you would’nt need to buy another property but here goes. If you say it do it! Keep your promises.

4. Use your experiencesand expertise to benefit the seller. If you don’t know something don’t pretend. You can’t fake it till you make it when building trust.

5. Not every house is a deal. Keep it to a win win. Your deals should be in the seller’s best interest.

6. Be confident and be an expert. You can’t wear more than one hat at a time.

7. People will sell to those they feel comfortable with. Don’t mislead people.

8. Use persuasion. People will resist crude sales tactics. Show them the benefits.

9. Personal appearance. Be groomed, clean, and dress well.

10. Find a connection but don’t manufacture it. If they like knitting and you have no interest don’t pretend to have knitted a sweater for your brother.
11. You have two ears and one mouth listen twice as hard as you talk.

12. Discover a small common bond.

13. People sell to accomplished people because they know you will follow through but don’t flaunt it.

14. Always appear as if you have plenty of things to do.

15. Practice the above skills all the time.

How to Find Owners of Abandoned Property

You’re driving around town or visiting a friend and you notice the yard next door looks like the set to a scene from a Halloween movie. You stop and take a second look and realize the property is vacant. There are broken windows, weeds growing up through the walls and decomposed trash all around the house. Your heart races as you walk towards the front door to verify your thoughts that this is your next deal!

Ok, you have peeked in the windows and there is trash spread all over the floors, inches of dust on the remaining furniture, and the mailbox is stuffed with mail from 2012. Great find! You think you will leave a note then realize who is going to find it. The light goes off. You need to locate the owner if this house is going to put money in your pocket.
It is easier than ever to locate missing owners even those that don’t want to be found. The first information you need is the address to the property. Go home and get on your computer. Find your local community or county website and search the property tax records. Most communities are online. For example: I live in Massachusetts and every town has an online database usually under the assessor’s information page (http://gis.vgsi.com/abingtonma/Search.aspx). Here is the part that stinks the owner of record’s address is usually the same as the house you just left but you may get lucky and see they have a different mailing address.

Now you are not done my next step is to visit the Register of Deeds website to dig a little deeper. You have two key pieces of information the name of the owner and the address. In my area you can search by both and if you have to visit your local house of registry you can do the same on the in house systems. Here you can discover mortgage information, notice of defaults, deed information, tax liens, judgements, IRS liens, etc. Sometimes you can even find notifications and a record of delivery that expose the owner’s new address. Many times owners need to be served notifications regarding foreclosures and Attorney’s will hire skip tracers to find the owners.

Other steps you can take before hiring your own skip tracer are searching Google. You would be amazed what you can find out about people. One trick I use is to search the person’s name with the word obituary after it. If this generates a hit you can usually read the obituary and discover the names of remaining survivors such as a spouse or children. Another source I use is a website called Beenverified.com. Here you can find addresses for the owner or next of kin if the owner had passed.

Why Flip Houses As Part of Your Real Estate Business

Why Flip Houses As Part of Your Real Estate Business
By Jennifer Bland

Why do so many people entering the world of real estate investing choose flipping houses? From an outsiders viewpoint, the quick answer would be profit, or the desire to make big money. It may be true you will make money, but there are many easier ways to make money. Flipping houses requires hard work, physically, mentally, and emotionally. While making money is the primary reason most people enter the business of flipping houses, there are many other reasons people choose to stick with the business.

Many people enter the business of flipping houses because they love rebuilding, remodeling, and renovating houses. They enjoy the challenge of using their own two hands to tear apart the damaged areas of a home, and create beauty in its place. The sounds of saws, hammers, and the smell of paint gets their heart pumping. They might not be nearly as excited about negotiating the purchase or sale of the home, but love everything in between.

Other people start flipping homes because they love the challenge of chasing the perfect property. Finding the property and negotiating the deal lights them on fire. They also love chasing the buyer, showing the home, and finalizing the sale. They love working with people. These house flippers might find the work of painting, cleaning, and replacing fixtures, tedious and tiresome. They get through the everyday work so they can get to the exciting parts of buying and selling.

Some people are naturally creative, and have always had visions of creating great homes. Taking a home in disrepair, and turning it into one of their visions, to share with a new home buyer is a thrill for them. The day to day work is tolerated as a means of seeing the creation completed. Seeing the buyer’s faces as they walk through the property, gives them a deep sense of satisfaction.

Of course, there are house flippers who are single minded, and are working for the big payoffs. They know flipping homes is a great way to build wealth. They’ve learning all the financing techniques, strategies, and learned to negotiate great prices for homes and materials. Money is on their mind, and they know house flipping is bringing it into their pocket.

In reality, house flippers who survive the business for many years have at least some of all these traits. They have favorite areas of the projects, but enjoy and embrace them all. House flipping takes a combination of all these talents. This does not mean you must be all of these things, you can also be the expert who coordinates the contractors who fill these important roles. Learning your strengths and weaknesses, and working to fill the gaps, is the sign of a great house flipper.

It doesn’t matter what part of house flipping excites you the most. Embrace the part which makes your passion burn the brightest, and deal with the rest. You can be a successful house flipper by having the most important traits, desire, determination, and persistence.

There are many ways to make a fortune investing in real estate. For more information about real estate investing visit my website at InvestInRealEstate101.

For access to three of the greatest books every written on personal development visit Your Free Gifts.

Article Source: Why Flip Houses As Part of Your Real Estate Business

Flipping Houses – A How To Guid

Flipping Houses – A How To Guide

By Danny L Johnson

Flipping houses is an incredible way to make huge profits in a relatively short amount of time. I’m sure you have seen the shows, “Flip This House”, “Flip That House” or even “Property Ladder”. These shows all chronicle house flippers buying distressed houses, fixing them up and then reselling them and making insane profits. These shows tend to only show the most dramatic parts of the house flipping business and I can understand it. After all, it is television. Maybe some of the other details, like how to find these deals, how to determine what constitutes a deal and what are the costs they are not telling us about, are not very exciting, but these are the things you really must know before jumping into the real estate investing game. In this article, I am going to fill in the gaps and show you the things you should know if you really want to learn how to flip houses.

How To Find Cheap Houses That Are Perfect For Flipping

There are a myriad of ways to find houses that would make for a perfect flip. The important thing to understand is that you need to buy a house at a very deep discount. Think about who would need to sell their house and would be willing to sell at such a discount. The motivation of the seller is what we are really interested in. The sellers that are motivated to sell are the ones that are facing foreclosure, behind on property tax payments, going through divorce, inherited a property, people that have a house that needs too many repairs, someone that is buying another house and cannot afford two houses, a landlord that is sick of tenants, and the list goes on and on.

Many of the reasons for motivation can be found at your local county courthouse. Become familiar with the courthouse and where to find this information. Many counties now have their data online. Search the public records and find people with a motivation to sell their property. Send them a letter telling them that you are a local investor and you are interested in buying their property As-Is.

You can also drive neighborhoods and look for vacant houses. These are usually easy to spot as the yard is usually overgrown, there may be a broken window, there might be a lot of trash on the front porch, there might be old mail that has piled up, etc. Write down the addresses to these houses and then get online and search your county’s tax assessor website to see where the tax bill is being sent. Send them a letter stating that you would like to buy their vacant house.

What Constitutes a Great House Flip Deal

Once you have found a motivated seller that wants to sell their property, you need to determine whether it is a good deal for a flip. You will need to know what the house will sell for. Get in touch with a local real estate agent and inform them that you will be buying and selling houses and would like to build a relationship with them. Ask if they would mind running comparables for the property. They will be able to tell you what they think it should sell for fixed up.

Most real estate investors want to buy houses at 70% of resale value, minus repair costs. So you take 70% of the figure you were quoted by the Realtor and subtract the costs to get the house in sellable condition. This will be your maximum allowable offer. Do not offer more than this. You can determine the repair costs by taking several contractors by the house and having them give you bids. Most contractors will do this for free.

The 70% of resale value covers the costs you will probably incur while holding and selling the house. These are usually things like interest payments on any loans, utilities, insurance payments, Realtor’s commissions when selling, closing costs assistance when selling, property taxes and your profit. That last one is pretty important.

I hope you’ve learned something with this quick overview on how to flip houses and are well on your way to getting started flipping houses.

Danny Johnson is a real estate investor in San Antonio, TX that operates a blog about flipping houses, Flipping Junkie. He is currently allowing people interested in learning how to flip houses to follow along as he shows how he and his wife are marketing for motivated sellers, analyzing the leads that come in, talking to the motivated sellers, closing the deals, rehabbing the houses with before and after pictures, and selling the houses for profit. Check out the blog to follow along.

Article Source: http://EzineArticles.com/?expert=Danny_L_Johnson