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Rental Property Investment -
Finding The Properties
Rental property investment starts with finding the best
deals. To do this, you can increase your odds by finding
more deals. Who's more likely to get a cheap apartment
building, an investor that looks through the MLS
listings and calls it a day, or the one that uses ten
resources? Here are those ten:
1. Look in old papers to find "For Rent" ads. Call if
they are a few weeks old. The landlord may be ready to
sell, especially if he hasn't yet rented the units out.
2. Look up old FSBO ads. Call on two-month-old "For sale
By Owner" ads, and if they haven't sold, they may be
ready to deal. Owners often give up the effort, but
still would love to sell. Help them out!
3. Drive around looking for "For Sale By Owner" signs.
Owners often don't want to pay to keep the ad in the
paper every week, so you won't see all properties there.
4. Find abandoned properties. That's a pretty clear sign
that the owner doesn't want to deal with the property.
He might sell cheap.
5. Talk. Let people know you are looking and sometimes
the properties will come to you. There are a lot of
owners out there who want to sell, but haven't yet
listed their property.
6. Talk to bankers. You might get a foreclosed rental
property cheaper if you buy it before they list it with
a real estate agent.
7. Offer someone a finder's fee. There are people that
always seem to hear about the good deals. Have such
people coming to you.
8. Eviction notices. If your local papers publish
eviction notices, or if you can get the information at
the courthouse, it can be useful. A landlord who just
went through the procees of evicting tenants is a likely
seller.
9. Use the internet. Go to a search engine and enter the
type of real estate you are looking for, along with the
city you want to invest in. You never know what you
might find.
10. Put an ad in the paper. "Looking for rental
properties to buy," might be sufficient to generate a
few calls.
There is a lot more to learn to do it right, but finding
good properties is a good place to start for rental
property investment.
7 Easy Ways to Make
More Money in Network Marketing
Hit a snag lately? Haven’t been able to recruit any new
agents? Is you network marketing job paying less and
less because you can’t generate any sales? You don’t
have to fret! With these easy network marketing tips,
you can revitalize your sales pitch and methods in no
time at all!
1. Contacts
Remember that your contacts are your most valuable
asset. Who are your contacts? The people you see on the
streets? Your next door neighbor?
When considering whom to invite, try those closest to
you first. This is because they are most likely to be
more open to your suggestions and will be willing to do
you a few favors (such as buying that detergent you are
hawking). The great thing about this is that they will
really mind plunking a few bucks to help jumpstart your
business. And when they see that you are doing well,
they could very well join you as well.
When you run through the whole list of you clan, what
will that leave you with? You will of course have to go
to those people that next in line with regards to
closeness or affinity to you. And what if that gives out
too?
You can always adopt a friendlier stance and chat up
that neighbor you never talked to. You could meet new
people on the bus and on the train. But remember, you
have to like them as people first. Don’t go about and
look at them like walking piggy banks. People will know
if they are being looked upon as ‘things.’ Always regard
them highly and get to know them. Build their trust. The
truth is, the friendships you build will be the true
reward, and the sales will be just a side dish.
Always ask for referrals from your contacts. This is
another sure way to increase your prospects.
2. Believe
If you yourself do not believe in your product, chances
are you won’t be able to sell it to others. Remember,
nothing promotes a product better that a satisfied
customer. Let others see you using the product. Say
glowing things about it. And most of all, let all that
you say be true. If your customer finds out you weren’t
being honest, you could ruin your business relationship.
When you choose a network business, take into
consideration their product. See if you can believe in
it and pitch for it effectively.
3. Recruit the right people
Don’t just recruit anybody. Make sure the people you
recruit share an unbridled passion, and tireless work
ethic with like you. If you don’t chances are, they will
drop out of the networking business and you will not be
able to build your downline.
4. Don’t force the issue
When trying to close a sale, don’t force the issue. If
you do, people will get suspicious as to why you are
doing so. Are selling them counterfeit items? Are you
only interested in your profit and not in your
customer’s satisfaction? Always keep this in mind: the
customer always comes first. Please them, and the
profits and windfall from these relationships will
follow.
5. Look the part
When recruiting others, you can’t say, “You will get
rich with network marketing,” and look shabby all the
while. They’d say, “I thought you got rich from this
thing, why do you look like you didn’t.” People will
want to see a visible sign of success. You are their
only reference point. If you are not convincing as a
successful networking agent,
6. Hang in there
Perseverance is a virtue. If money grew on trees, you’d
still have to wait for them to grow. Remember the old
adage: try and try, until you succeed. Remember that
your goal is not to just to get money, but to build upon
a good income generating business.
7. Evolve
Don’t be satisfied thinking that your techniques at
recruiting will forever be effective. Although there are
basic principles that should be followed, you can
forever improve on your techniques. Today’s society is
constantly evolving. If you want to catch up with them,
you have to evolve in your marketing strategies as well.
Try ‘Em
Try these tips. They are sure to give you more
confidence in your network marketing strategy!
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