Real Estate Investing On Steroids How To Close More Deals

Real Estate Investing On Steroids How To Close More Deals

A constant flow of deals must be maintained to have a successful real estate investing business. However in the process, the resulting work you create can end up leaving you overwhelmed and over-worked.

To maintain a good number of deals that you close, it is therefore necessary to work smart.


Today we focus on a few areas that can help you achieve this goal.

1)Phone When your phone rings off the hook and you have other business to attend to, life can get pretty hectic. It is necessary to direct all leads in your marketing to a phone number that is either answered by a screening service, a virtual assistant or voice mail.

In other words, it is necessary to separate marketing calls from other calls. You end up increasing efficiency and conversion.

In my business, when motivated sellers call, they must be motivated enough to leave a voice message. A virtual assistant then calls them and pre-screens them for me and submits their information on my real estate investor website.

2)Outsourcing Lots of real estate investors micro-manage everything in their business. You can only do so much in a day of 24 hours.

Allow professionals to handle different parts of your business and everything should flow smoothly.

These professionals are not your employees, but they handle different parts of your business. For example, you can delegate title search work to your real estate attorney or closing agent.

3)Hiring This can be expensive if not handled right. For a few years now, most of my work is done by part time employees without having a physical office.

My motivated sellers are pre-screened by a virtual assistant. She also handles some paperwork and some errands for me. Every week, she invoices me for the hours she works for me.

Even though she is not my employee, she takes a lot of work off my shoulders cheaply.

Running a simple employment ad on Craigslist can get you over 100 applicants for such tasks.

4)Direct mail This leaves a lot of people overwhelmed. My post cards come from overnightprints.com or printsmadeeasy.com or Vistaprint.com.

From these services, I am able to get 5000 high quality, glossy post cards for about $300 to $350. These are enough for a lot of marketing. Of course you can buy more if necessary.

I then have labels that I print using mail merge on Microsoft excel and word. I only spend about 20 minutes on this every week.

The labels and stamps are done by kids and I drop off the mail at the post office. I can therefore control when my mail goes out and manage it accordingly.

If you send letters, you might need more help to make things easy and cheap. I have some mailing equipment I bought from a company going bankrupt.

5)Automation It is an absolute must to have a real estate investor website that automates real estate investing tasks for you. The website tells your story for you before they every pick up the phone, increases conversion and delivers leads that are already pre-screened for you.

When you are investing in real estate, automation is a necessary component that increases your efficiency and conversion. Find out how an somekeyword can help you close more deals while spending less time, money and effort.

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