Category | Coaching

Passive Advertising: Billboards

Posted on 21 May 2010

If you can afford it, and you know where your big traffic areas are, and you REALLY are committed to doing this for a living, then a billboard is a great way to get the phone ringing as well as brand name yourself.  Not only did this billboard provide a sale per month on average, [...]

Passive Advertising: Bandit Signs

Posted on 20 May 2010

Most people are lazy at heart so passive advertising is a great way to go.  What I like about passive advertising is that I set it up, typically pay for it once, and then don’t think about it again. There are drawbacks to passive advertising though.  Passive by its very nature will not generate as [...]

Should I use a HELOC

Posted on 19 May 2010

If you’ve ever asked yourself “What the heck’s a HELOC,” then you’ve come to the right place! There are two types of home equity borrowing: home equity lines of credit and home equity loans. A HELOC, or Home Equity Line of Credit, is the right to borrow money from a lender up to a certain [...]

Right of Entry for Landlords

Posted on 18 May 2010

I was in a heated discussion the other day about “rights of entry” as it pertains to landlords.  I did a bit of research and it turns out the rules are VERY different depending on where you live. As always, check with your state and local government to find out what the rights are so [...]

The Power of a Simultaneous Closing

Posted on 17 May 2010

In the past, this sort of  deal referred to a technique where the seller creating a mortgage and finaned the note himself, but then turned around and sold the note at the closing table to a third party which allowed the seller to obtain their proceeds quickly, rather than over a period of years. Now a [...]

4 Ways To Take Title

Posted on 16 May 2010

This particiular blog was not written by me, but was so good, I have reproduced it so you guys can have the info….enjoy! Homeowners should be careful about how they hold Title to Properties   The manner in which homeowners hold title to their properties has significant legal ramifications. Consequently, it’s not wise to leave this [...]

More Real Estate Terms Explained: Mortgage Terms

Posted on 15 May 2010

I wanted to take one  blog to go over just a few more terms used by folks in the Real Estate Business, particulairly with regards to mortgages.  This is by no means an exaustive list, but as we all know knowledge is power, and whether youa re a first time home buyer or a seasoned [...]

10 Things Your Agent Will Never Tell You

Posted on 14 May 2010

1. Your open house is really just a networking party for me. One of the first things your realtor or agent will likely suggest is hosting an open house so that potential buyers can casually check out your property on a weekend afternoon. But while open houses are promoted as a great way of finding [...]

Attracting Sellers: Getting Them to Call YOU

Posted on 13 May 2010

There are basically two ways to find potential sellers. I call them Passive Advertising and Active Advertising. Where passive advertising is a “set it and forget it” way to do business; active is just that…an activity.  More than that, it is something of a “way of life”; or at least it is for me. At [...]

Real Estate Terms Explained: LTV

Posted on 12 May 2010

This is another excerpt from an upcoming book and set of training tools I am working on.  Feel free to comment all you want; that’s what will help me make this product better for all my students! Loan to Value Ratio (LTV) Loan-to-value (LTV) is a ratio that depicts the relationship of a loan amount [...]