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I am about to share with you my shameful start
in real estate investing. It is actually quite
embarrassing and
telling you practically kills me but as you will
see, we will both benefit from my mistakes. What I was doing was insane!
Who knows? You might even be doing it too!
But don't worry, I'm all better now and in a moment I am
going to tell you how
one simple seven-word question
can change everything!!
OK, I think I am ready to fess up. Just be forewarned - you
may discover that you are killing
your real estate business like I was! You'll never
guess what I finally started doing to turn my
business around. It was so simple
that I felt stupid for not doing it sooner, then I realized that
you probably aren't doing it either! That is what led me to
build this site and convinced me to offer you the REtips newsletter absolutely
FREE. It is full of marketing tips that can only come from
asking one little seven-word question and let me tell ya,
finding motivated sellers hasn't been the same
since!
Click Here
to Subscribe NOW!
Whew, here goes... The truth, the whole truth and nothing but the truth.
(Well - maybe a hint of self-denial too. You decide.)
Do you remember
when you first started searching the Internet to
learn about real estate investing? You
probably found a bazillion websites full of stuff for the wannabe
investor. You were introduced to terms like "No Money Down", "Lease
Purchase" and "Owner Finance". You learned the
names of a few real estate gurus like Ron LeGrand,
John Beck and Robert Kiyosaki. This happened to me in 1998 and I was
ecstatic! I couldn't absorb the articles and message boards fast
enough. There were even times I thought my eyeballs were going to pop out
or that my brain was going to explode from information overload! PLEASE
tell me you know what I am talking about!
After reading everything I could find online, I bought a few courses.
After digesting the material I still
didn't feel prepared enough to start buying houses.
So what did I do? You guessed it! I bought a
few more courses!
We'll call that mistake #1. Have you
ever heard of the eternal student? That was me.
Man, oh man. I knew all the basics (and then some) about real
estate investing. Sadly, after all I
had learned, I still didn't think I was ready to start buying houses. I sure wish
someone had slapped me upside the head at that point because what I did next
STILL makes me
shake my head in disgust.
I Made Two More
Stupid Mistakes
I had read that a successful real estate investor
needs to have a team of qualified real estate professionals
to work with. Of course, no one ever said that
your team is built over time and through experience, so
naturally I put everything else on hold
(mistake #2) while I hand-picked my very own, top
of the line, highly qualified group of real estate
giants. (As if I knew how to tell who was
qualified?!?). Anyway, team in place. It was
time to buy some houses.
But wait! I needed a business image
first. Yep, you guessed it.
Mistake #3. (Quit rolling your eyes at me.)
I wasted a lot of time debating "I BUY HOUSES" vs. "WE
BUY HOUSES". Average Joe vs. business
professional. Jeans vs. slacks. I'm the
employee vs. I'm the boss. Of course none of this
really mattered. What good is a business image if
you have no clients? UGH!
Picture this.
There I was with a bookshelf overflowing with
courses. I had business cards, stationary and
a few highly polished contracts. I had found
a tolerable real estate agent, a good title company
and an attorney that were all willing to work with
me. I even had a separate phone number and an
official-looking business mailing address. But
was I buying houses? Nope. Not one.
Looking back, I clearly had WAY more than any newbie investor needs, so
my only option was to blame it on someone else.
It couldn't have been MY fault. After all, I
had been reading the classified ads every day and
making phone calls like a good little Carleton Sheets student. But so
were the other investors in my area and it seemed
like they would always beat me to the FSBOs. So,
(are you ready for this?) I convinced myself that I was never
going to make it and it was all their fault. (OK, so I was a little
melodramatic.) I needed to do something
different. But what?
I had no clue. After all, everything I had ever
read told me, "If you do 'ABC' and 'XYZ', you will
succeed!" Of course those words usually came with
a sales pitch for some REI course that promised to teach
me 'D thru W' in "much more detail"... Grrr. I did not want to spend
any more money.
(Remember that bookshelf I mentioned earlier?) I
started participating in the message boards and chat rooms at the investor
sites that I had found. I began asking all
sorts of questions to anyone with an
inkling of experience. I was discussing all of the technical aspects of
buying and selling houses, but would often be instructed to
"go buy a course".
Then it hit me like a ton of bricks!
I was asking the
wrong questions!
I didn't need any more lessons in real estate.
What I really needed (besides a swift kick in the butt) was the answer to one simple seven-word question but
my startling lack of creativity kept me from answering it
myself. I decided to hit the REI sites from a different angle. I
stopped asking all the procedural questions that I had been asking and started
asking a question that
every serious real estate investor needs answered but
most fail to ask. I
found that a lot of seasoned investors gladly answered my new found question
and
I was dumbfounded
by the some of the answers I got!
Investor after investor gave me their priceless little marketing gems all
because I asked them that one simple, yet powerful question. I
started getting such a wide range of marketing ideas that I decided to put up this
website so that I could ask even more people. You know, kinda like
"super-sizing" my efforts. I ask every REtips subscriber the same
seven-word question and the replies have been amazing! Maybe you will
have an answer, maybe you won't. Either way, when you subscribe, I will
email you some of the very best of all the answers I get FREE
in the REtips newsletter.
Click Here
to Subscribe NOW!
Your FREE subscription will bring you real
estate tips that cannot be found anywhere else. The REtips
newsletter is filled with different answers to one question and one question
only. If you haven't been asking it,
you are missing the boat on some serious opportunities! If you
are smarter than me and have already been asking the right question, REtips
will compound your efforts and put an end to your hit and miss search for
motivated sellers. Getting this invaluable information delivered right to your inbox
is MUCH easier than sorting through all those massive message boards.
Sure, I could use this site to sell you a bunch of courses and I could probably
make a ton of money doing it. But only some of those courses would
attempt to answer the question I ask and NONE of them would be
FREE
like the REtips newsletter.
Very few of the real estate marketing products out there are truly worth your
time and hard earned money anyway. Save your money and let the question I
ask yield more ideas for FREE
than any "guru" could ever cram into a notebook and slap a price tag on.
My friend, I truly believe that no single real estate investor has it all
figured out, but that collectively we can churn out some unique and amazing
money-making ideas. Some practical, some edgy and maybe even some that
are downright insane. The end goal, of course, is to find
pure marketing
genius! As I said before, I ask every subscriber the same seven-word
question. Subscribe today
so I can ask you too!
-Kay Young, REtips.com
P.S. - When
you subscribe I will send you the most recent issue right away so you don't
have to wait for the next one. Happy Investing!
P.P.S. - I
don't sell my list of subscribers to anyone, so you will only be hearing from
me.
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