In this episode of Escaping The Real Estate Investing Newbie Zone Chris Bruce talks about a few strategies to use when talking with a potential seller. When you ask the right questions you’re able to really find out a sellers wants and motivation. Sellers are not always going to come out and want to sell you there houses for 30-40 cents on the dollar. However a lot of deals area created and negotiated down when you ask the right questions and provide a clear solution to their problems. If you’re wholesaling real estate and want to learn how to get deals under contract low enough so you can buy and wholesale. You’re going to love this episode. Make sure to share it with your friends.
In this episode of Escaping The Real Estate Investing Newbie Zone Chris Bruce talks about outsourcing the day to day tasks in your real estate business. What does a 4-6 hour work week look like? How can you become a great leader? Chris recommends a book everyone should read How To Be A Great Boss by Gino Wickman. Your team will only be good as it’s leader. Chris also talks about the places you should look to hire your employees including websites and how much you should pay them. You can create an automated real estate wholesaling business but will take time. In this episode you’ll learn what things to outsource first.
In this special episode of Escaping The REI Newbie Zone Chris Bruce talks with real estate investor Scott Jelinek. Scott has been investing in real estate since the early 90’s. He’s completed every transaction under the sun, from wholesaling, rehabbing, owner financed deals, and owns a large portfolio of rentals. He’s currently closing 3-5 deals a month in the Virginia market. Whats interesting is Scott brings us back to when he was making $100,000 a month. He had a huge over head between marketing budgets as well as paying staff. He even talks about how on the first couple of deals he would take a loss just to break even on the expenses.
Many people dream of doing 20+ deals of month, but what they don’t see is the overhead and stress that comes with scaling a business that large. Since then Scott has scaled his business down, he’s still making a lot of money, and has a portfolio of 70+ rentals which produce passive income. Now he has the time and freedom to travel. He takes month long trips out the country with his wife and daughter. Scott has really built up a business around his desired lifestyle.
You’re going to love this episode. Scott breaks down the raw truth on this one.
Websites mentioned on Podcast: Scott Jelinek website www.masterinvestoracademy.com
In this episode Chris Bruce talks about one of his favorite times of the year the holidays. Many people ask does real estate slow down during the holidays? Do people still sell or buy houses after Thanksgiving?
The answer is YES…
In fact you might want to up your marketing budgets around this time because there are going to be so many deals taking place in the month of December and you want to cash in on this time of the year. Real estate investors will be closing deals past Christmas all the way up to new years to get those tax breaks for 2017. Discover different ways you can utilize the holiday time to do more deals. Now is the time to start wholesaling and get your business off the ground heading into 2017.
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