The Number 1 Real Estate Investor Mistake of the Moment
Many real estate investors are allowing themselves to fall into a trap that is hampering their profits and for some completely paralyzing them. What is it?
They are staying far too tightly glued to the news and are concerning themselves far too much with what others are predicting than honing in on their local markets and getting deals done right now.
Yes, staying tuned into future trends in marketing and home buying habits is smart and in the macro sense rumors in the news often become a reality just as with the recent bubble and the stock market crash before that. Forward thinking real estate investors who plan to be around for the long run absolutely should be planning ahead and positioning their businesses to come out ahead but this shouldn’t be holding anyone back from stacking up money in the bank today.
The savviest investors have learned 1 thing from the banks – take no risks. Bet on sure things and only invest in what you know will be profitable and have a clear exit strategy for. Banks only make loans when they know they are going to make money on them (and yes despite the crisis they have already made billions on loans which are in foreclosure) so why should you invest any differently?
Having your real estate deals sold even before you buy them and using someone else’s money to make your acquisitions eliminates risk, slashes the cash cycle and means as close to a sure thing as you are going to get.
Hold on! Before you think this sounds too good to be true recognize that other investors are doing this every day with the help of transactional funding.
Don’t think it’s possible to pre-sell your properties? Investors are doing it daily and have for years, even sight unseen and half way around the globe. You can sell anything with the right marketing. Of course you should have a good product but if other investors can sell properties in China and Egypt in the current market then you should find it a breeze to sell any U.S. property that you are offering at a reasonable discount.
You don’t have to have your own infomercials to do this, you don’t need a reality TV show or even a $100,000 a month marketing budget. It is all about how you present the opportunity and position your properties ahead of time. Others have done it using tools as basic as Craigslist while some have found direct mail, slick iPad presentations or websites and social media is the trick.
You should have a long term plan but regardless of where the market is heading next month you can make a ton of money right now by flipping houses and using other people’s money.
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"I want thank you for the excellent service I received from Best Transaction Funding.The quick response I received from your company from the beginning of the transaction and to the end was unbelievable. I also want to give a special compliment to you as well. You went to great lengths to keep me informed and gave my title company all the information they needed to complete a successful closing. I cannot express how thankful I am. Such service builds great working relationships. I will definitely recommend Best Transaction Funding to all my fellow investors. Thank You."
- Frank Olaitan, Real Estate Investor, MD
"I can't thank you and your company enough for providing funding for our latest project, and right at the last minute. You came through with funding in less than 24 hours and coordinated with the closing agent and attorneys like you had been involved with our project the entire way. I'll know exactly where to call for the funding we'll need for our next project."
- Dave Pricken, Real Estate Investor, NJ
"Thank you so much! I just had a talk with our Realtor on both properties and told him amazing things about your company!... Normally I rehab the houses and re resells them. I just don't have the patience for that work anymore. This [transactional funding] is such a better way for me and less stress."
- Steven Kupecz, Real Estate Investor, TN
"We want to thank you for the exceptional customer service you provided. No one comes close. We had contacted a competitor the same time we contacted your company. Your company responded with in a few minutes while the competitor has yet to respond weeks later even after multiple phone calls and emails. Thanks again for the unmatched customer service."
"We had looked into several transaction lenders for a couple properties we were trying to flip. Your company was the most responsive and had the best pricing. Even though we had logistics issues with the B/C lender, your company acted very professionally and handled our requests beyond our expectations."
"Thank you for your commitment to an excellent customer experience."
- Phoenix Properties, LLC, Ronald Destefani, Investor, PA
"I was studying on how transactional funding works and you guys had the best and most thorough explanations posted so I could fully understand the details in back to back closing. I'd already started setting everything up but your video confirmed that I'm on the right track."
- La'Donna Turnipseed-Scott, Investor, LA
"....a few months back, I happened upon a video, on your site, regarding the use of transactional funding with Hud properties; and I found myself replaying the video over and over because of the value that I saw in the message...it actually explained the process, step-by-step on how to submit a Hud deal by using transactional funding. Once I completed the video, my initial response was to take immediate action by duplicating what I had learned from the video into real time. So I did some research on properties in a market where I knew I had buyers; and put together a hud deal. I then located a realtor able and willing to submit my bid online and within a couple of days, to my surprise, received a call telling me that I had won – my very 1st Hud bid."
"To you I say, ”KUDOS to Best Transactional Funding and Thank you for providing the education and services to Real Estate Entrepreneurs like me. Please keep up the good work!'"
- T. A. Davis, Investor, NJ
"You each deserve high marks for your wonderfully quick response time to each of our questions and requests! You hit home runs with us! Your application system was easy to use. Our deal met your qualifications and every time Rob Kozak or any member of Mystic Properties, LLC phoned, we received a "real" person dialing back to speak with us.
Your patience and persistence were exceptional in dealing with our business interests. Thank you for such great customer service! We look forward to working with your staff, again, in the future. We like referring people to you, as us, our team would have missed-out on an excellent earning opportunity.
Your help negotiating with our title company made our back-to-back deal, finally happen. People noticed on settlement day how effectively and efficiently your part of the transaction was organized and executed. Again, thank you for truthfully being the "BEST" at what you do!"
- Diane McAdams, Mystic Properties, LLC, Real Estate Investor, Pennsylvania
"Boy, you guys are impressive! I can’t thank you enough for scrambling and getting my deal done at the last minute like that. You and your team were awesome!"
- Donna Bauer, The NoteBuyer Inc., Real Estate Investor, OH
"Thank you so much for working so diligently with me. Your services really are the "BEST". I look forward to working with you in the near future!"
- Ericka B., Real Estate Investor, CA
