Entries from October 2008

Competition is everywhere. Knowing and understanding your competition is crucial. Knowing the benefits they are offering that you are not, what their reputation is compared to yours, and how they are structuring their deals are all things you need to know. By knowing what your competition is doing, it can help you establish an advantage. One of the best things you can do to gain a competitive edge immediately is research your competition. The old saying “keep your friends close and your enemies closer” always rings true in this competitive world of real estate investing. I am constantly on the lookout as to what other investors in my area are doing. If you are new to analyzing your competitors, let me tell you it is pretty easy to do.

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Every successful investor has a passion for their business and can’t wait to talk to people about it. However, there has to be a system to your efforts in order to maximize positive response. So what is network marketing, anyway? Network marketing is establishing business relationships for purposes beyond the reason of the initial contact. These relationships can lead to more business either directly or indirectly through a referral. Networking is a very proactive form of marketing.

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When evaluating the bare essentials of the real estate investing business, one cannot ever overlook marketing. Marketing is the root of all your business. Ninety-five percent of leads come from your marketing efforts- everything except those kick back referrals that a business cannot rely on.

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We have all heard stories of people spending years acquiring properties and building wealth, only to lose it all due to some unscrupulous lawsuit…


That’s why Than Merrill, star of hit TV show “Flip This House” brought onboard the best attorney/investor in the business when it comes to teaching investors how to set up their corporations and protect themselves…Bill Bronchick!

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