STRIKING WHILE THE REAL ESTATE IRON IS HOT JOHN FEDRO
Instead of riding the wave, plan to be in front.
The future is coming. The future is also a direct
result of all the influences happening today. Don't
be left wondering what happened, plan for it.
Real estate is often very predictable. Many sellers
in today's market are in a financial-situation that is
a result of decisions these sellers have made in
the past. Understanding the reasons why sellers
get into situations that force them to sell-fast can
be a super-charge to your lead generating
business.
Choose to be at the front of the next real estate
1.
wave by understanding today's climate and
How many real estate transactions or "deals"
have you closed in the past 12 months?
preparing for the affects. Recent example: A few
investors I know are marketing to homeowners
2.
who have mortgage interest rates that are about to
How satisfied are you in your current real
estate investing path?
adjust. If you are not familiar with this process of
adjustable rate mortgages, then understand that
3.
some homeowners will not be able to pay their
How much time do you have per day to
commit to working your leads and deals?
mortgages when their mortgage interest rates rise
to X%.
4.
How much liquid investment capital do you
have, or have access to?
Make sense? Plan to be where the motivated
sellers will be. No matter the year, or date, you can
5.
simply look to the past to help you focus on where
Do you mind bringing in partners on your
deals?
to advertise, market, and find motivate sellers now.
6.
Be honest with yourself:
What are your investing strengths?
7.
What areas of investing excite you about real
This is perhaps the
most important aspect to make crystal clear. It is
critically important that you be honest with yourself.
estate investing?
The profitability of your company depends on your
honesty. Answer the questions below to determine
if what you are doing currently is right for you...
8.
Do you know how to structure at least six
different real estate acquisitions techniques?