Looking for new ideas for making more money from real estate investing?
Real estate investors face 3 major challenges today; finding better ways to stand out with their marketing, finding new sources for discounted homes and accessing more capital.
So how can you conquer these three challenges?
1. Try Radio Advertising
Few real estate investors think of embracing radio advertising today. Many think it will be too expensive or is too old school but taking a closer look most will find it is more affordable and can reach many more prospects than imagined. Media firms like Clear Channel can help investors pin point the best stations and times for targeting the best prospects. This is a great way to differentiate your real estate investing business which can generate instant credibility and real leads.
2. Tap Note Buyers for More Deals
Many investors are in a panic over where to find viable deals for flipping today but it doesn’t have to be that hard. REOs and foreclosure auctions aren’t the only show in town. There are now a large number of investors buying distressed property notes from banks and either reducing balances which enable homeowners to sell at discounts or these investors are foreclosing and need to unload these homes quickly. Reach out and see how you can work together.
3. Turn Rental Income into Immediate Lump Sums of Cash
Some investors are finding it a lot easier to find tenants than end buyers; unfortunately this can also lead to a cash crunch or at least lack of significant capital to expand. However, buy selling property management contracts or rental pools investors can turn future income into cash now to benefit from the time value of money and put their investing on the fast track.