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Real Estate Investors: 7 Games To Boost Your Brain This Season

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on Thursday, 28 December 2017
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Make the most out of the holiday season by engaging in these games…

This is a VIP time of year for real estate investors. There can be extra real estate investment opportunities, time demands from family and friends, and the pressure to set new goals and plans that will elevate your results in the new year. If you can squeeze in a few of these classic games, you may be able to simultaneously balance more of your work and play, while boosting your brain in a way that can help you set better strategies and tactics for the months ahead.

Chess

Perhaps the ultimate test of strategy and forward thinking. It’s a classic, and one which can definitely help develop your critical thinking for investing in real estate, and making long term financial plans.

Risk

Another great multiplayer strategy game. Perfect for those set on building their own global empire. A great way to also help build strategic thinking among your partners, family members and team mates.

Diplomacy

While probably lesser known than Risk, this strategy game brings together history, thinking, and verbal skills. It reminds us that while we are all making our own plans and strategizing our own moves, so is everyone else. We’ve got to factor that in. Diplomacy also brings in deal making and negotiations, which are skills that are crucial for every real estate investor to develop and keep sharp.

Cash Flow

Rich Dad’s Cash Flow game is a classic in real estate circles. You can play it at home, bring it to the office to give your team some productive downtime, or host a meetup group or networking event around it.

Texas Hold ‘Em

Texas Hold ‘Em poker will teach you that sometimes you just have to work with the cards you're dealt. However, regardless of that hand, you can still pull off big wins if you are bold, and use it well. Like life and real estate, it’s not about luck, but strategy.

Monopoly

Whether you enjoy a throw back to your childhood days, or want a subtle way to start teaching your kids about real estate, and get them excited about it, Monopoly might be a great game to pick up. With so many versions, it can be the ideal gift for just about anyone. There are themed versions, a cheap and mobile card based version, and even a $2M gold and diamond set if you really need to wow someone.

Wii

If your Wii has been collecting dust while family members beg for the trendy gaming system of the year, this is a great time to break it out again. Find a dance or martial arts game, or exercise game that will get you off the couch, and burning those extra holiday calories, while boosting your mind and confidence for the new year.

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Is Retail Property The Next Big Real Estate Niche?

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on Wednesday, 06 December 2017
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A lot of noise is being made about the dramatic number of stores being closed this year. Could this actually be creating some of the best opportunity real estate investors have seen in the last decade?

Credit Suisse estimates that by the end of 2017 almost 9,000 retail stores will have been shuttered. That’s a new record, and almost 50% more than in 2008. Some are calling it the ‘retail apocalypse’. Even major mall operators like Simon are panicking, and are trying to sue brands like Starbucks to keep stores open to avoid their assets turning into zombies.

Wherever there is distress there is opportunity. When there is a need, there is a demand for help. The game has changed for retailers. The Amazon impact is now in full effect. That’s not a trend which is going to be reversed in the foreseeable future. Retail investors, property owners, asset managers, and the banks they owe loans too are all eagerly looking for solutions.

Experienced real estate investors should recognize this as a spectacular moment to step up. Neighbors, cities, and other area business owners don’t want these properties to wind up boarded up, and a blight on their own finances. Yet, real estate itself is in more demand than ever. Re-positioning may be a must, but it can be done. There could be a chance to negotiate great deals on these assets, and to convert them into something more needed and valuable.

In some cases that may be a new generation of shopping plazas designed to serve online shoppers and to provide community entertainment spaces. In others places it may be time to convert these dinosaurs into mixed use properties, apartment buildings, and condos. Individual investors don’t have to have all the cash and expertise to do it all themselves either. Loan notes and the bricks and land can be bought and flipped just like residential real estate. Or partners with more experience can be brought in.

What do you think about the state of retail today? What’s the future of these properties? Who do you know that could benefit from selling, buying, and investing in retail properties?

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Real Estate Marketing: It’s Time To Automate It

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on Thursday, 16 November 2017
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The automation of marketing is really going to separate the winners from the rest in real estate in 2018. What can investors do to streamline their businesses, stay in the game, and grow?


The Importance of Real Estate Marketing Automation


Real estate investors and businesses must automate as much as they can, especially in marketing and customer service. These departments are jammed with repetitive tasks, that can suck time, and don’t always deliver the best ROI on it.


Automation can streamline the management of these parts of your business. It can free you up to work on more important money making tasks, help you get better returns on any labor you have others putting in for you, facilitate faster and larger growth, and maximize your marketing budget. This can all dramatically increase both the top and bottom line, while making what you do a lot more enjoyable.


So, what should investors be automating?


Email


Investors must have some type of email marketing automation software. You need follow up emails, autoresponders, newsletters,marketing emails and alerts to new opportunities. Once you plug these into a good system, it slashes your workload, and makes it much easier to grow and convert leads. Infusionsoft has grown in popularity, but Mailchimp is still among the most affordable, easy to use, and easy to integrate with websites, forms, and landing pages. Done right, recent stats show that email is 3x better at generating leads than social media, and leads to higher sales.


Outsourced Workers


Outsourcing to remote workers is now far more common than hiring locally. It offers a lot of efficiency. After all, we still can’t effectively automate everything without humans. We still need original content, and human experts to decipher the big data. However, there is a lot that investors and business owners can do to automate this work as well. Consider creating briefs for different roles and types of content, which act as template guidelines. That ensures you get what you want the first time around, and it is uniform with your branding. It’s also seamless if you need to switch staff or have a temp stand in. Some really bog themselves down in managing remote teams too. They send everything one piece at a time, and set themselves up to have to go in and set up new milestones or make payments throughout the week. All of which can disrupt more important work and closings. Or they end up not being consistent with marketing. It’s far better to hire better teams, give them a big deposit, or put them on an automated hourly system, and just let them crank away in the background, while you get on with closing the sales.


Automating the Phone


The phone is still a powerful tool in real estate. It’s just that the best practices have changed. New tech enables real estate marketers to blast text messages in bulk, and even drop voicemails in inboxes without risking being bounced by callers who reject strange numbers. When integrated with your CRM, all of your calls and reminders get stored in one place, with call data getting automatically recorded. That again saves time, saves customer frustration because you can easily see their history, and enables you to help them better on the fly.

How are you automating your marketing?

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5 Tips For Maximizing Your Real Estate Marketing Budget

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on Thursday, 09 March 2017
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How can you get the most out of your real estate marketing budget?

2017 is shaping up to be a big year for real estate. The extent to which real estate investors are able to profit from this surge in the market will depend a lot on how well they do at getting the best results from their marketing. How do you do that?

1. Optimize for Conversions First

There’s no sense in driving thousands of visitors to your real estate website if it isn’t optimized to turn visitors into leads or buyers. Make sure you have a strong landing page before you rush into social, PPC, or anything else.

2. Quality over Quantity

While there is good sense in creating a marketing budget that is sustainable, many make the mistake of going too cheap and weak with their initial marketing efforts. If those initial campaigns don’t produce great results then you may not survive. It’s far better to go strong at the beginning, get some profitable deals done, and then expand. That applies to social, blogging, PR, direct mail, email, and live events.

3. Influencer vs. Individuals

Trying to connect with individual prospects one at a time is expensive. Instead, consider spending those dollars on connecting with influencers who may connect you with 100, 1,000, or 10,000 prospects at a time.

4. Get out of Your Own Way

One of the best moves real estate investors and CEOs can make is to get out of their own way when it comes to marketing. Empower dedicated real estate marketing experts who are already masters of current lead generation tactics to craft your campaigns based on what they know works, not emotion.

5. Maximize Each Sale

The smartest real estate investors will use each successful deal, and leverage it into many more. You many not yet be able to boast of having done thousands of transactions or billions in deal volume. Yet, you can take each win and personal story and use it to gain visibility, and to attract more deals and increase conversions.

Put these strategies into play to make the most of your real estate marketing budget, and grow your investment to its maximum potential.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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Real Estate Marketing Ideas For Easter 2017

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on Thursday, 23 February 2017
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Easter is one of those power-marketing holidays for real estate investors. How will you make the most of it this year?

Easter 2017 lands on Sunday April 16th. Smart real estate marketers will already be getting a head start on prepping their marketing collateral, and beginning to build the buzz from at least St. Patrick’s Day, if not earlier. How can you use this holiday to launch your business into top gear for the rest of the year?

Easter Themed Content Marketing

Leverage the interest and internet search volume for all things Easter with a variety of themed content marketing piece. This can include emails, blogs, and social media posts.

Easter Themed Open Houses

Have houses to sell, or which you can promote for others? Set up a fabulous themed open house event, and get the crowds in. What you do depends on your target demographics. That may be a chic cocktail party for a sleek new condo. Or an Easter egg hunt and bounce house in the yard for a single family neighborhood. Get the word out online, in the local news, and through your local professional contacts.

Get Generous with Gift Baskets

Easter gift baskets don’t just have to be for your kids. Strengthen your team and vendor relationships with great gift baskets. Give them to neighbors and members of your buyers lists. Use it as an opening to reconnect with potential sellers you have been working on. Everyone loves gifts, making this a warm way to cultivate stronger ties and get people to fall in love with your real estate brand.

Sponsor Local Events

If you don’t have properties to show, or substantial lists, then consider sponsoring other people’s events. This could be local schools, the city, the community association, a mortgage broker or title company. Do this to gain more visibility and leverage existing audiences, while adding credibility to your brand.

Summary

Easter 2017 is coming. While you should absolutely enjoy indulging in some chocolate eggs yourself; get a head start on creating real estate marketing materials and building the noise now. Get on people’s calendars, and make sure they connect with you this Easter, not your competition.

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7 Real Estate Professionals To Be Thankful for Today

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on Wednesday, 23 November 2016
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Here are seven people you should go out of your way to thank today…

If we can tear ourselves away from work long enough we might get to really enjoy experiencing being in the moment with friends and family this Thanksgiving. However, this is also a valuable time to remember how grateful we are for many of the people who make what we do possible too.

Here are just some of them:

1. Loan Officers

Loan officers have a hard job. Their days often consist of battling underwriters and crazy guidelines to give their clients everything they want. They rarely get enough credit for the hard work they really do behind the scenes. Even if you pay all cash for your properties, somewhere in the chain someone is going to need some funding.

2. Loan Processors

The loan processors often have an even tougher job than the loan officers. They are stuck in the workplace, get handed impossible files, everything is a rush, and everyone blames them if things aren’t happening at lightning speed. It is their responsibility to keep the ball rolling and get to closing. Yet, no one wants to pay processing fees.

3. Title Closers

Successful title company closers are really responsible for getting the deals completed and funded. They are put on the spot between buyer and seller, lender and Realtors and everyone else. Often it is only at the closing that these parties find out the real numbers or quirks in the transaction. It takes a very cool, committed, and skilled closer to keep it altogether. They should be getting medals for some of the work they do.

4. Realtors

Real estate agents get a bad rap. They are now more than ever under constant bombardment. People want to put them out of business, are rarely loyal to them, and yet expect them to be on the front lines making low ball offers, investing everything they’ve got in marketing, and often all to take a cut in commission by the time it gets to closing. There are great and ethical Realtors out there, and we need more of them.

5. Attorneys

Together Realtors and attorneys are among the most disliked professionals in the world. There may be plenty of bad apples that have given them a bad name. Just like there are in every other profession. Yet, perhaps because of this good attorneys are so valuable. When others don’t perform, or frivolous and malicious lawsuits show up, you’ll be really glad you have a great attorney in your corner.

6. Real Estate Mentors

Real estate trainers, coaches, and mentors are seriously underappreciated too. People love to crack on these professionals who have given of themselves to share their years of knowledge and experience, and who devote their time to helping others. If it wasn’t for generous people like this, then everyone would have to go through the discovery and trial and error process themselves at great cost. Many reading this would never have found real estate or enjoyed the rewards it brings.

7. Real Estate Investors

People like to blame real estate investors for bringing up property prices, making noise as they rehab properties, and increasing the competitiveness of the market. Of course, without them the country would still be in the pit of distress, the country would be littered with far more ugly and abandoned homes, while poverty and crime runs rampant. Some may still need to refocus on their values and build on their knowledge, and to take a longer term view. Yet, they deserve more respect than they often get.

Give some thought to this list today. If any of this resonates with you, then don’t just contemplate it - take action and thank them in some tangible and meaningful way this week.

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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The 5 Most Important Days For Real Estate Investors In November

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on Thursday, 03 November 2016
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We’re coming up on 5 of the most important days of the year for real estate investors. How will you leverage them to improve what you are doing?

If embraced well, these five days may not only ensure you finish out the year on track to your goals, but will roll into the New Year strong…

Thanksgiving

If you are like most real estate investors you probably don’t take enough time out. We’re promised the ability to set our own schedules, and enjoy more time off. We seldom use those perks as much as we should. Thanksgiving is one of the days that we should absolutely force ourselves to take off. Take the day out to spend quality time with people you care about, and recharge. Take some alone time to remember what you are thankful for and strengthen your level of gratitude. Everything else will flow better if you do.

Black Friday

Black Friday sales may have gotten off to a slow start this year due to the noise surrounding the election. Yet, this is one of the best days of the year to get out and find deals on items you’ll need for your real estate business. Load up on what you can, and perhaps even prepay for services and materials for next year, while gaining the write-offs for this tax period. Note that real estate sales have been increasing on Black Friday as well. So, look out for property deals.

Small Business Saturday

Whether you run a small business or not this is a great day for finding more sales, collaborating on marketing, building new strategic relationships and partnerships, and increasing your connections in the local market.

Cyber Monday

Cyber Monday continues the Black Friday theme, with more opportunities for deals, and a great day to unleash your own online campaigns.

Giving Tuesday

Done right, the previous days will give you a great boost. Giving Tuesday is the chance to express your gratitude, give back, pay it forward, and enjoy doing a little more of what you wanted to achieve when you got started in real estate.

How will you leverage these days to go even greater through real estate?

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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What Types of Properties Can I Use Transactional Funding For?

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on Thursday, 06 October 2016
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Which types of properties and real estate deals can benefit from using transactional funding?

As the rest of the real estate world and lenders and banks began collapsing around 2008 transactional funding finally became available to the real estate investor community at scale. Transactional lenders, private lenders, and big funds provided essential liquidity and credit to keep the market alive, and rebounding.

More lenders have now returned to the market, and new conduits are popping up with new twists on asset based lending in order to try to keep fund and bank money working. With all these distractions some investors may not have tried the advantages of transactional funding yet, or may not be aware of how sources like Best Transaction Funding can boost their business in the current environment and make more deals possible. So why use this type of funding? How can you use it?

Property Types Your Transactional Lender May Fund:

  • Single family homes
  • Condos
  • Multifamily properties
  • Commercial real estate including; mixed use properties, hospitality, retail, and office
  • Land and lots

Types of Deals Your Transactional Funding Source May Finance:

Transactional lenders surged in demand when the market was over bloated with REOs and short sales. Yet, there are many, many transactions and scenarios in which they may be used right now.

This may include:

  • Vacant properties
  • Banked owned homes
  • MLS listings
  • Hurricane damaged properties
  • Fire damaged homes
  • Wholesale deals and reverse wholesale deals
  • You lender may even fund mortgage notes

Advantages of Using Transactional Funding:

Transactional funding offers many obvious benefits such as 100% financing, no appraisal or credit score requirements, and great speed.

This, and instant POF letters can all help real estate investors make better offers and be better positioned to compete for acquisitions. It also means being able to take on much bigger deals, regardless of your cash on hand. Some may want to begin using this financing tool much more frequently to leverage lower risk real estate investment strategies as the market begins to shift.

How will you use it?

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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You Should Be Tapping Other Real Estate Investors For Deals

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on Thursday, 28 July 2016
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Need more real estate deals to buy and flip? Maybe tapping other investors is the key?

Real estate wholesalers are really spoiled when it comes to the ability to scale and do volume business. With transactional funding in their pocket wholesalers are really only limited by the number of deals they can find and their systems to take them on quickly and process them. Yes, end buyers may be a factor, but with Brexit and concerns over the stock market and bonds there is really no shortage of them. The question facing most is where to find more acquisitions?

There are many ways to find more inventory. You can tap Realtors and the MLS, or go direct to FSBOs, as well as those representing estate and probate properties. However, there are also some powerful reasons to look to your peers.

Other investors can be easier to work with. They understand the business and deal structuring. So they can be easier to negotiate with and close. Right now we also have a lot of investors with property to unload. Many are highly motivated, and can be pipelines with whole streams of deals.

This includes lenders who have taken back property as OREO. But it also extends to aging landlords who want to cash out while rates are low, novice house flippers who have found them stuck and out of cash due to failing to work the numbers correctly, and even other green wholesalers who have been finding deals but lack the capital or buyers or know-how to cash in on them.

There are a number of ways to find and connect with these motivated investors. Via real estate agents, direct mail, networking at local events and clubs, driving neighborhoods, establishing an online presence in this niche, referral partners, and tapping online real estate forums.

Equipped with transactional funding you can get out there and take on great amounts of deal flow, while bringing fresh cash to the mix. However, even though this may seem like an opportunistic opening; look for ways to create true win-win solutions and build your reputation and relationships. Make them feel good about the deal and open the gates for many more transactions to follow.

 

Authored by BestTransactionFunding.com - the leading source of transactional funding and for real estate wholesalers in the US. Request your Proof of Funds Letter today and go get those deals!

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Get Ready for the Back to School Real Estate Rush

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Real estate investors are about to head into one of the busiest times of the year. How can you take full advantage of the opportunities?

Back to school madness will be here before we know it. Most industry outsiders and new Realtors and investors are taught the time to get busy is late spring and summer. Yet, those last few weeks of summer break can be among the most profitable and critical. So where should investors be focusing?

There are a lot of lookers early in the summer. But when back to school dates start looming buyers and sellers get serious. They are on a deadline. Buyers want to be moved in and on a schedule before school starts. And they need to be in the right school district. Many also need to sell their old homes, if not to be able to buy, but to shed the debt and live comfortably without the extra mortgage.

This high level of motivation means opportunities. It means buyers that need to, and will buy, and will bid high. Sellers must sell, and for many that means being willing to sell at a discount or on terms.

Capitalizing on this surge in real estate transaction activity is also essential for bulking up on capital for the weeks ahead. Generate cash from wholesaling to buy up in the softer months to come. After the back to school rush typically comes the seasonal dip in listing prices. This could be compounded this year by the presidential election.

How do you get more of this business? Get visible by doing the bold marketing your competition isn’t. Get a niche – perhaps offering speed of closing as your advantage. Provide school district information. Maybe include offers to help with moving and school supplies (note that some kids are going to need cars this year, and that’s a big expense).

When you start to make gains and pull in the profits from this activity don’t forget to participate in back pack drives and support the local community.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of flash funding for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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The Best Day of the Year for Real Estate Investors Is...

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What is the single best day of the year for real estate investors? How do you maximize it?

July 4th is hands down the best day of the year for real estate investors.

Independence Day is truly a power day for investors in many ways. It’s about celebrating freedom, and we have a ton of it! Here’s how to maximize July 4th 2016 to snowball results for even more to celebrate next year…

Flex Your Gratitude

There is so much for U.S. real estate investors to be grateful for. You can imagine millions of people in third world countries laughing at us on A&E and HGTV. There they see us fretting over the fine details on luxury makeovers, while they’d just be glad for running water and a roof. We are so spoiled with access to great housing. Most of us get to own our own homes too. That is iced with the ability to get into real estate wholesaling with virtually no resources, and invest and grow incredible wealth. As a property wholesaler you can probably make enough to feed or provide clean water, or education for a whole village for a year somewhere else in the world.

Celebrate it

Celebrate it these freedom and luxuries. Take time out to spend with family and celebrate. You have the freedom to do it. Many other workers do not. Throw a celebration. Anchor and remind yourself of your freedoms. Celebrate the lives and courage of those who protect it, and have earned if for the rest of us.

Pass it on

What could be greater than to pass on the opportunity to own and live in safe and healthy homes, the ability to increase personal freedom and to empower parents to give their kids freedom by investing in various ways? Accomplish this in July 2016 by offering deals, making some extra media noise, sharing your knowledge, hosting open houses, and inviting more people to a 4th of July event.

What will you do this July 4th?

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long

 

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Best 2016 Father’s Day Gifts for Real Estate Investors

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Best 2016 Father’s Day Gifts for Real Estate Investors

Have a father in the real estate business? Here’s what to get them this year…

Father’s Day 2016 is almost here. If your dad, grandfather, son who is a father, stepfather, or friend is in real estate investment they could use a great gift this year. They work hard, devote themselves to others, and while they might enjoy some good paychecks and free scheduling time, they do deal with some stress. This special day arrives on June 19th. But even if you are late, hook them up and encourage them to keep going with one of these Father’s Day gift ideas…

1. A New Phone

Whether it is the latest iPhone or Galaxy Edge, or even adding a smartwatch to their device lineup you can’t go wrong. Just make sure it is their favorite brand. Real estate pros need to be up to par on the latest gadgets and have tech in their hands that rocks.

2. Time Off Work

Real estate investors technically have the freedom to make their own schedule, but they are notoriously bad for using it. There is always more to do. Often that is to provide for and spoil you, but they get caught up. So get them some time off by hiring them a virtual assistant or summer intern for a few days.

3. Work With Them

If you can’t drag them away, join them. They would love to spend the time with you, and pass on their knowledge and things they are passionate about. You’ll definitely increase your chances of being a beneficiary of that real estate empire if you show you know how to manage it.

4. Leads, Leads, Leads

If there is one thing that real estate investing fathers can’t get enough of - it’s leads. Leads on distressed sellers and properties, capital partners, and buyers.

5. Caffeine

It takes a lot of caffeine to keep going in the real estate industry. Check out these cool coffee ideas from Bullet Proof Coffee, and non-profit company 3 Avocadoes.

6. Summer Wear

Who has time to shop for themselves these days? Kit them out for summer with these innovative sandals as seen on Shark Tank from Combat Flip Flops.

7. Real Estate Event Tickets

Keep them pumped up, inspired, and loving the industry with tickets to an upcoming event. You really can’t go wrong as no matter what it’s for they’ll be able to network and learn something new.

8. Unlimited Cash

Hook your real estate investor father up with Best Transaction Funding’s POF letters so they can get out there and make offers on deals like a boss, with confidence.

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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Where Can I Find Buyers for My Wholesale Real Estate Deals?

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on Wednesday, 20 April 2016
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Where are the buyers?

There are still mountains of real estate inventory to choose from out there. With unlimited funding available from transactional lenders and hard money lenders the key to unlocking the cash for most is finding the buyers. So where are they?

The 3 Types of Buyers Investors Need to Focus on Now

PROFESSIONAL INVESTORS

Real estate wholesalers looking for qualified buyers, and specifically cash buyers who are easy to work with should absolutely be honing in on serious end investors. They know the business, will either have financing lined up or the cash to move immediately on fair deals, and will often become repeat, high volume customers. Find them online in real estate forums, via social media, and at local investor meetings and meetups.

INTERNATIONAL BUYERS

Tapping international home buyers and investors opens up the world to a massive pool to funnel deals too. Most expect to pay cash, or at least to put down a lot of money. They see American real estate as being cheap, and are often very easy to work with, if you keep it simple. If you haven’t yet, start expanding to market your real estate deals internationally. Check the data and find out who the strongest international buyers are in your market. Hire someone who speaks their language, or find a partner company that can help. Then lead with contacting overseas Realtors, Google ads targeting foreign buyers in those countries, and look for ways to collaborate with Chambers of Commerce and Tourism bureaus.

GROOMING THE NEXT ROUND OF BUYERS

The absolutely biggest and most common mistake that 99% of real estate investors and businesses make, and which invariably cripples them, is only focusing on buyers for this week and this deal.

Savvy investors and businesses owners who continue to thrive and enjoying growing incomes and profits are those that start loading their pipeline years in advance. Most people will buy a home within the next 5 to 7 years. Many will move more frequently than that, and will end up buying second homes, vacation homes, and investments regularly too.

Make connecting, and assisting with preparing to buy and invest a part of your annual strategy. This may include friends, family, ex-coworkers, aspiring investors, recent victims of the foreclosure crisis, and renters.

Start loading your pipeline with these buyers and you’ll find more deal volume this year, and more easy deals to do every month each year after this.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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Why the Savviest Investors Keep Buying in Hot Markets

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on Friday, 08 April 2016
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Why do the most sophisticated real estate investors continue to buy pricey properties in the hottest property markets?

While some newer investors are wondering if the market and competition is getting too hot, funds, fund managers, and notable individual investors appear to be on an all-out buying spree. They may be selling and restructuring portfolios too, but they are buying big.

In the last few months, just in NYC multiple price records have been set for condos, apartments, and development sites. In March 2016 Property Shark reports multiple transactions flipping for tens and hundreds of millions more than they were bought for in the last four years. This includes firms like Howard Hughes, and individual fund managers, while celebrities, and sons of celebrity real estate moguls are buying prime Manhattan homes and Brooklyn properties for redevelopment.

We all know the market is constantly fluctuating. So why don’t these pros care? What do they know that newer investors don’t? What’s the key to doing more deals in hot markets, with confidence?

They know that prices always come back up. There may be dips, but look at any historical graph of property values and rents, and they have consistently marched higher. The dips are used to shake the newbies out of the market, and for pros to grab good deals before selling them back at a premium later.

The experts also know that before real estate dips, other investments will crumble first, and that only boosts the demand for real estate, and its cash flow, yields, and asset protection.

The keys to profitably and safely investing in times like this can include:

Having end buyers lined up

The ability and funding to redevelop or remarket the property

Cash flowing assets that will pay for themselves till resold

Finding the Funding

Leverage is vital in these conditions. More and more big buyers are partnering up to take down bigger deals and spread risk. Many are finding capital from banks like Santander and Ocean for developing projects. All that others need is access to a great hard money lender or transactional funding. And you don’t need great credit, or mountains of assets to access these sources of capital.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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7 Real Estate Blogging Lessons From The World’s Top Blogger

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on Thursday, 11 February 2016
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What can the world’s top marketer teach real estate investors about blogging?

Seth Godin is a Direct Marketing Association Hall of Fame inductee, author of 17 best-selling books, and the blogger that top bloggers go to for advice. How can real estate investors replicate his success and rocket the results from their blogs?

Blog Consistently

Seth is a national speaker, teacher, and writer, yet he manages to blog every day. In a recent interview with Tim Ferriss he says he actually writes 5 blog posts every day. While most property wholesalers, flippers, and real estate CEOs don’t have that kind of time themselves; they can recruit outsourced assistants and ensure they publish something on their blog each day, week, or month. Everything else comes second to this consistency.

Give Value First

Seth rarely pitches his own products on his blog. And that is no doubt one of the reasons people keep opening his email updates and read it religiously. He gives, gives, and gives some more. By giving he earns trust and attention. When he does get around to pitching a service or product, his blog readers know that because of his generosity that whatever he is selling must be worth it.

Give People What They Want to Buy

Want to sell more? Give people what they want to buy, and read. What is it that your prospects really want to know about? What type of service are they really looking for? It really doesn’t matter if you think it is important or valuable. It is about what they want.

Short Blog Posts Still Work

While some real estate blogs are continually trying to stretch the length of their posts to 800 words, 1,000 words, and even over 2,000 words. Often just because they heard someone say that Google likes longer posts. How many properties has Google bought from you or sold to you recently? Meanwhile Seth Godin is famous for blog posts which are often just a couple lines long. And people read them. Both long and short posts can work, but don’t forget who you are writing for.

You Are Capable of a Lot More

If there is one thing that Seth wants you to know it is that you are capable of achieving a lot more. If you just set your goals a little higher, or a lot higher you may be amazed at what you can achieve. Can you get to daily blogging on your real estate website? Then scale from 10 deals a year to 100 deals a year? How about finding an even more impactful way to leave a legacy than just amassing lots of zeros in your bank account?

Focus on what is Most Important

Streamline your life, your real estate marketing, and your blog to get more of what matters most. Say no to more distractions. Don’t get side tracked with all types of bells and whistles. Don’t go off on detours which just take you further from your goals. Seth’s blog is truly no frills. Yet, it works. And he still has time to cook dinner for his family every night.

Constantly Be Learning and Discovering

If you want more success you’ve got to be constantly be learning, discovering, and trying things. Seth says he only has more successes than most because he has tried more times. He also has more failures than most, and is most proud of that. Because he tried. He doesn’t sweat the typos, or worry about making wrong predictions, or reading opinions about his work. He just keeps trying new things. Try real estate blogs that are short, long, medium length, that have links, or no links, that use keywords, and no SEO keywords, that blatantly sell, and others that don’t sell at all. You can’t get more results and close more deals unless you are trying new things.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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5 Ways to Ensure You Net More Money in the Next 12 Months

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on Thursday, 31 December 2015
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Have a goal to make more money in 2016? Here are five strategies to make that happen…

1. Do More Real Estate Deals

Increase your deal volume and you should increase your income. Realtor.com predicts 2016 will be an even better year for real estate thanks to a surge in buying and selling activity. Know how many more deals you need to complete to hit your annual income goal. If you’ve tapped out your local market, expand the amount of map you are using.

2. Slash Taxes

Savvy real estate investors know that more gross income doesn’t always led to more net income. Taxes can be a significant part of this equation. You should already have a tax plan for the year. Know when you’ll make specific purchases. Know how much you should plan to max out on real estate education and travel, how much you’ll donate to charity and give to nonprofits, if upgrading your personal home can help, and how much you can contribute to your IRA.

3. Increase Per Deal Net Profit

For those not so eager to increase deal volume, at least increase the net earned per deal. Set the goal now, build it into your numbers. This can be done by increasing your cut or margin on wholesale deals by say 10%, or by finding bigger deals that can deliver more cash per deal.

4. Flip Houses Faster

The faster investors turn deals the less they bleed in holding costs and interest charges, and the less risk that is involved. For those that haven’t been wholesaling 2016 is the year to add it to the mix. For current wholesalers this is the year to really tighten up that timeline and presell deals in advance.

5. Make More on Alternative Investments

Make sure your reserves, emergency fund, and alternative investments are working hard for you too. Don’t let them drag down your total returns for the year. Put that capital into private lending, startup investments, tax free college savings, better paying CDs, and IRAs.

Add up all of the above and even with modest improvements in each area investors can substantially boost their net income in 2016.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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6 Sources for Wholesale Real Estate Deals in 2016

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on Wednesday, 23 December 2015
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Where are the wholesale real estate deals to be found in 2016?

As the US economy and housing market continues to improve many real estate investors are wondering where they are going to find good deals to buy over the next 12 months. The National Association of Realtors says we are finally returning to a ‘normal’ market after over a decade. According to NAR that includes very few foreclosures and short sales in the marketplace. So where should value seeking real estate investors be searching for new properties to buy?

1. Real Estate Wholesalers

This might seem quirky, especially if you are a wholesaler yourself, but don’t discount this source just yet. As hard money and rehab lenders ease up and offer high LTV loans it’s easier than ever to flip house deals from wholesalers. Many also have invested heavily in dominating local auctions, marketing to motivated sellers, bank distress sales, and have negotiated incredibly low priced deals. Others attract many leads which aren’t in their immediate area and are happy to refer them. This can create a lot of efficiency for investors.

2. Aging, Long Time Owners

Between recent equity appreciation and the new rising interest rate environment this is the ideal time for many aging real estate owners to sell. Those that are already in retirement, and have owned their properties for a long time may not want the hassle of managing any more, and probably have a sizable amount of equity. Those without any heirs of their own may be happy to let properties go at a discount to good people that share their values.

3. Your Landlord

There are a large number of real estate investors who are also still renters. If this includes you then don’t overlook asking your landlord if they are ready to sell. If you don’t and they list it with a Realtor you’ll be kicking yourself.

4. The MLS

Many real estate investors snub their noses at the idea of flipping houses on the MLS. However, a look at what others are accomplishing by doing my change your mind. If you can make $50k in a few days by picking up ripe deals this way, why not?

5. Expired Listings

Even though many properties have been selling incredibly fast, others have been rotting online for so long that Realtors are losing their listings. Sometimes this is because they were too aggressively priced. In other cases it is they were poorly marketed, or the agents just failed miserably at responding to leads. These can be highly motivated sellers eager to meet a real buyer.

6. Inherited Property

It is important to be sensitive in this niche, but many heirs to real estate are eagerly looking for a cash buyer that can move fast and help them liquidate estates. If you haven’t already consider adding this niche to your portfolio in 2016.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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Do This To Sell More Real Estate This Month...

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on Wednesday, 04 November 2015
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We’ve only got a few weeks left to really knock it out of the park, and to finish the year strong. So how can real estate investors crank up the volume, hit their goals, and set themselves up for a great start to the New Year? How can they sell more real estate?

How Do You Stand Out?

What helps real estate investors and businesses stand out today? What makes the difference, and allows some to attract sellers, financiers, partners, and buyers with more ease than others?

Strong offers and well-priced properties in good areas are going to make for good volume. But no one wants to price themselves out of business, and it’s a lot easier if you have people lining up to do business with you on all sides already.

It’s not just about great looking marketing, and well timed messaging, or making more noise than the competition. It’s increasingly about your ‘why’.

As an investor and business owner you’ve got to have real clarity about your why. It’s what drove you to get into real estate. It’s what will keep driving you, and will keep you on the right track to your goals.

While this has often been buried under corporate looking lipstick, your why is increasingly becoming one of the best ways to standout, to connect, to resonate with others. It gives them a reason to do business with you versus the competition.

Examples:

So recent examples of this out there may include:

 

  • Near death experiences or illness which creates an urgency to maximize time
  • A desire to increase sustainability
  • A passion for design
  • Wanting to help distressed homeowners
  • Helping to provide affordable housing
  • Creating a legacy for children
  • Simply wanting to make more money and have more nice things

 

Here at Best Transaction Funding we provide financing to real estate investors because they have been sorely under-served and we understand that serving them in turn helps the wider community of property owners and the economy.

Other examples you may be familiar with are Apple and Steve Jobs, Tesla, Airbnb, and more.

Letting People Know Your Why

So how do investors leverage their why? How do they share it?

 

  • Write blogs
  • Redo your about page on your website
  • Social media
  • Press releases
  • Print marketing
  • Emails
  • Publishing videos

 

Summary

With just weeks left to finish 2015 on a high note one of the best moves for real estate investors is to open up and share more about why they do what they do. Be authentic in telling your story, but don’t be shy about getting the word out there. You might be surprised at the positive feedback.

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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The Pros & Cons of Flipping Airbnb Rentals

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on Thursday, 27 August 2015
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There appear to be huge premiums to be found in flipping houses and condos that are leased via Airbnb. So is this the new power tool for investors, or are there dangerous pitfalls which are being overlooked?

Airbnb Rentals

Airbnb is a short term rental ‘app’ allowing property owners and renters to lease all or part of a space to guests on nightly, weekly, and monthly rates. With over 1.5M listings in 34k cities the service is rapidly disrupting vacation rental markets, and has become a popular alternative to hotels and long term annual rentals.

Airbnb is changing the dynamics of the real estate market. On one hand it is reportedly adding millions to the local economies where it has a strong presence. On the flip side it is dramatically driving up both local rental rates and property values. Many real estate investors are finding this style of renting hugely popular. It means almost zero management versus old school practices, and there is a lot more cash flow. It isn’t just for buy and hold real estate investors either. If flippers and wholesalers secure a property line up a strong income stream with pre-booked Airbnb rentals they can almost turn over a turnkey product for a premium exit price, without any of the ongoing headaches. For many this realization can seem like a “Eureka!” moment. But what are the real pros and cons of this strategy?

The Pros of Flipping Airbnb Rentals

High Returns

Airbnb rental rates are producing amazing returns for those that get good deals on real estate. It is almost bewildering the rates that some units are fetching. In many cases they appear higher than local hotels.

Cash Flowing Property

Without Airbnb it seems it is getting harder to find positive cash flow in some neighborhoods. And instead of having to gamble on securing tenants or what real rental rates might be, selling in this way ensures cash flow for the end buyer.

Easy Management

Say goodbye to expensive and intensive marketing, tenant screening, and evictions. Airbnb makes it about as easy as it can get to lease a property.

Better Resale Product

For those flipping houses this strategy can result in a much more attractive product to resell. That also means premium profit margins, and faster resales.

The Cons of Flipping Airbnb Rentals

Legalities

Airbnb style short term rentals aren’t legal or allowed in every city, community, or building. Skirting the rules can be a major problem.

The Airbnb Effect

The Airbnb effect isn’t all good. Many are complaining that it is devaluing their buildings and neighborhoods due to wild party crowds. In other cases it is pushing year-round renters out because it erases affordability.

Consistency

Even though real estate investors may be able to successfully pre-lease units for a couple years, most won’t be able to guarantee long term cash flows or full occupancy.

Not Everyone Wants a Rental

The real downside is that not every end buyer wants a rental, nor a short term rental. Some are stuck on old-school annual leases, or want to remodel and resell properties, or use them to live in. If the property is pre-leased for several months next year it is going to make it harder to flip to these buyers.

So will you Airbnb it, or not?

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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Big Tax Breaks for Real Estate Wholesalers

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on Thursday, 20 August 2015
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Tired of big income tax bills and the bite they take out of your real estate investment profits?

How would you like to like slashing next year’s tax bill by $11,000 or enjoying 365 days of tax free real estate investment returns?

Whether you’ve experienced big income tax bills yet or not, it can be part of the territory with the great profits that come from flipping houses. Some consider that a “good problem” to have. It’s better to make more money, even if you have to give up more in tax. But it doesn’t have to be that way. In fact, if you haven’t tackled this yet the odds are that you are paying far more in taxes than you should be each year. That means throwing away money that could be invested for faster results, and taking a double digit hit to returns, income, and wealth building. It also means giving a huge edge to your more tax savvy real estate competitors. So how can real estate wholesalers kick taxes to the curb and keep more of that cash in their own accounts?

Tax Saving Basics for Real Estate Investors

Basic tax savings measures that all real estate investors should be considering include: organizing a business entity, office deductions, charitable giving, company vehicles, retaining a better accountant, and creating a tax savvy spending plan for the whole year in advance.

Getting the Big Breaks for Bolder Wealth Building

For wholesalers that want to enjoy a big potential deduction on this year’s tax bill, and to enjoy tax free investing all year round you’ve got to look at IRAs.

Individual investors without a retirement account can potentially directly knock $5,500 off their tax bill by opening up a traditional IRA. That means over $5k you can put directly back into your own pocket and use to keep building wealth instead of handing it over to the IRS. If you are married and you both contribute to an IRA that’s up to $11,000 you can take off your taxes this year, and every year.

If you already have a retirement account you can roll that over into a self-directed IRA, 401k, or real estate IRA. Investing in real estate through this vehicle enables tax deferred or tax free investing all year round. That adds double digits to your net gains each year, gains which are compounded every year.

Ignoring taxes is just expensive. Those that take them head on stand to achieve a lot more, a lot faster.

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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