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Big Cash Flow Streams Most Wholesalers Are Missing Out On

by blogger1
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on Thursday, 28 June 2018
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Many real estate wholesalers are letting thousands of dollars in potential cash flow and income just slip through their fingers each month. Start monetizing these items and multiply your income.

A lot of real estate wholesalers work really hard to hustle and find and sell deals. Yet, they are often letting some of the easiest money just go to waste. Or worse, go right to the competition. By recapturing these streams of income wholesalers can hit their financial goals much faster and see more consistency in their incomes.

Leads That Don’t Fit Your Criteria

As a wholesaler you are digging up leads every day. If you are doing well you probably have a lot of calls, emails, and contact form fills from those that just don’t meet your criteria for some reason. These will typically far outnumber the deals you actually do. The price range, neighborhood, level of repairs, or asking price just might not be a perfect fit. Yet, these deals can still be a great fit for other investors. Trade them or get a referral or assignment fee for them.

Homeowners Who Don’t Want to Sell Cheap

You are likely running into a lot of homeowners who just believe they can get more for their homes if they hold out for a better offer or list it for sale with a Realtor. Maybe they can, maybe they can’t. Why not refer them to a Realtor? Maybe there is a legal way to get compensated for that. If no one buys the listing, you can always go back and make another cash offer.

Movers Needing New Housing

How are you helping all your sellers with their next housing solution. Many will need to buy or rent something else. Are you helping with that or just giving that business away? Every wholesale transaction you do could easily lead to 1, 2 or 3 more, all without having to dig up a new lead.

On Site Advertising & Sponsorships

If you really have a great website (not the Investor Carrot type) and have invested in SEO and ads and are generating good traffic, then there are plenty of people who are going to be willing to pay to get in front of those website visitors and the ones who make it on your email list or join your Facebook page. They can pay for ad space, or sponsor your site and marketing efforts. That may not be a lot of money each month, but once you build a tribe of sponsors and set them up to produce residual passive income for you each month, it’s easy extra cash flow to fuel your wholesaling business or surplus funds you can treat yourself with.

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

by blogger1
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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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