Yachts and cascading towers of champagne: that’s the stuff real estate investing is made of, right?
Well, it can be, but it’s not going to happen overnight. Or even within five years. If you want to live like Jay-Z, you have to work hard like Jay-Z. Investing goes beyond property hunting. Whether you are totally new to the field or an old pro, there are a plethora of items you must accomplish to stay in front of potential clients and get the properties that will bring in the big bucks.
We have rounded up ten resources that will help you communicate more effectively with clients, make you look more polished and professional, and keep you from making costly mistakes.
Let’s get started! Here’s what you need to be the Jay-Z of real estate investing:
6 Bullet Proof Ways to Get Listings Without Cold Calling from by Tyler Zey
You hate cold calling. Customers hate cold calls. If it can be avoided AND you can still be successful, why not avoid it? Zey’s list includes awesome tips for getting around this dreaded form of marketing and dredging up leads.
Door Knocking 301 by Jason Hanson
We are big fans of REIClub here at PATLive. They are the ultimate source for real estate investors – that’s why you’ll see a few of their posts shared here. So, maybe you hate cold calling because it feels impersonal and random. What about targeted door knocking? Hanson provides tips for achieving a successful door-to-door knocking session.
Reasons to Use an 800 Number by Dennis Henson
Real estate investors might not think about the benefits of having an 800 number. Toll-free phone numbers can add appeal and make your business appear larger. Check out Henson’s huge list of benefits. If you decide you want an 800 number, we’ve got you covered.
4 Ways to Effectively Communicate For a Better Response by Josh Schoenly
If there is one known fact about real estate investors, it’s this: the phone is practically an appendage. Communication is a quintessential skill for just being a human on this planet. Communicating effectively is even more important for an investor’s success.
Tips For Successful Real Estate Investing From HGTV’s Scott McGillivray by Robert Laura
Scott McGillivray has a show on HGTV about purchasing and renovating residential properties for added income. So, we’d say he knows a thing or two about building a real estate investment business.
101 Things Everyone Needs to Know About Real Estate Investing by Seth Williams
This exhaustive list is a great read for anyone just starting out as an investor or dreaming of doing such. The list is full of actionable items that can help you grow your own investing business.
10 Lethal Mistakes for Real Estate Investors by Pat Curry
It is said that mistakes are for learning and not repeating. If you’re ready to learn what actions you should avoid when starting out, this post is for you.
The Importance of Managing Leads as a Real Estate Investor by Paul Esajian
All that legwork and networking and phone number dialing is going to get you nowhere if you don’t know how to properly manage your leads. If your method of lead collection and tracking is to write their info on a piece of paper and throw it on your desk, this post could help inspire you to take the process more seriously. Don’t want to manage your leads? We can do that for you.
How a Real Estate Investor Should Take a Phone Call from a Prospective Tenant
This excerpt from the SF Real Estate Investor’s Policies and Procedures Manual is loaded procedures for handling prospects that you can put into action immediately in your own business. There’s even a sample for a call tracking sheet at the bottom.
This Is Why Successful Real Estate Investors Use Call Centers by Stephanie Jones
An investor’s calls can get out of hand quickly; it can be daunting to have a constantly ringing phone and all those leads to manage. These are good problems to have, but you can easily outsource your calls and for less than the cost of hiring an assistant.
Have something to add? Share your favorite real estate investor resources with us in the comments!