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BLACK OR WHITE

In a business such as ours, there are MANY gray areas. But, do you actually know what is gray and what is not?
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Bad Business

I think investors as a whole have a bad reputation. People think of us as sharks, piranhas, and vultures. They think we thrive on taking advantage of people in distress to better ourselves. I don’t believe that is true. I see investors as a group of folks who help people out of stressful situations. The people we help have gotten themselves into their situation and we are there to offer a ...
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Image is EVERYTHING!

Most of the investors we know work from home. When you make a new contact do they get the impression you have a home office or that you are part of a larger corporation? There are several ways to give off the appearance of a larger company when in reality it is just you, your back bedroom, and a few good pieces of equipment.
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Forbearance agreements

Many times we find distressed homeowners who are willing to deed their property to us and walk away. Typically there are back payments that need to be paid as well as attorney fees, taxes, and such. Although we are always happy to accept a deed, we have a few steps we follow before we actually file it and come out of pocket with any cash.
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Flipping/Wholesaling

Do you want to earn an extra $5,000 next month? No really, I mean it. Of course you do! Flipping or Wholesaling is the way to do it. It’s fast, fun, and easy.
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NO-EQUITY- = -BIG- BUCKS

Anyone actively investing in foreclosed and distressed properties has no doubt come across one major problem…Finding deals with equity! Trust us, this is a nationwide problem.
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HOW-TO-BUILD-A-BUYERS-LIS T

Whether you plan to rehab or wholesale, you’ll need to build a buyers list. These are the investors you’ll sell properties to. If you plan to wholesale, these folks can make you very rich.
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HANDLING PHONE CALLS FROM DISTRESSED HOMEOWNERS

We deal with lots of new investors. It seems that in 90% of the cases, one of the main aspects of this business that scares new investors is what to say when homeowners call from their advertising.
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FINDING GREAT DEALS

It stuns us how many investors say, “I can’t find any good deals.” Folks, you’re not looking! There is an abundance of deals out there, but you have to actually work to find them. We think that many new investors, who watch too much late-night TV, are under the impression that if they decide to become an investor, the “investor fairy” will drop deals out of the sky. Not true! Investors actu...
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SCRIPTS AND ROLL PLAYING

It is funny how many investors don’t want to learn scripts, but use them everyday. Each time you speak to a homeowner, most likely you say the same thing and ask the same questions. Whether you realize it or not, these are scripts. Distressed homeowners have scripts, too. To successfully lead the conversation you will need to do three things: Repeat, Approve, and Respond.
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