Sunday, March 27, 2011

Real Estate Investors


Real estate investors are a different breed. How do I know this? I am one. You are always looking for the next great real estate deal that comes up. You never ever get tired of looking at investment properties in fact I've looked at 1000's of them and still looking.

You get up every morning thinking of new ways to find and buy investment real estate. While your drinking your coffee your on the computer checking comps in the areas your looking in trying to see if any great deals are their. Writing a lot of contracts until you get that great deal! Working with the Banks and agents to making sure it closes on time and on price!

You go to all types of different real estate seminar courses and spend $1000's of dollars to get the information you need to get the best deals. You learn all the legal and construction pitfalls and money saving ideas. What the you need to know to get great buys for yourself.

You have to go to each property and make a budget and be sure that with rehab everything will be in budget and get the end result that you want for that property.

You have to hire a construction crew that will get each project done correctly and permitted with each city. They must also get them done on time, and in budget. You must also know what permits and rehab is really needed in each investment property.

You learn the rental laws and have proper property management that keeps your properties rented and cash flowing every month. You also have a great maintenance team that doesn't cost a fortune every time something goes array.

You have or have someone that has a real estate license to help you find investment real estate. You have all that paperwork that must be done at escrow so you know you have a safe investment.

You even have to make sure all the utilities are turned on!

There is another great choice that can take care of all this for you and save you thousands of dollars, Answer: www.Rooftopinvestment.com. We do this stuff for our investors everyday! Better get investing!

Sunday, March 20, 2011

Listening is a great thing for your business


I learn a lot every week just from listening to people and my Itunes. Yesterday Roger came up from Cincinnati to look at some homes. We went to several cities and browsed some very nice investment homes. He let me know what homes he liked and what areas he preferred. After we had finished he gave me the green light to be his representative for buying investment homes. As I listened I learned what his goals and his expectations of me were going to be. I was able to satisfy his needs by knowing them.

I also met another gentleman yesterday on another business opportunity that he wanted me to represent his company in. As he was explaining the biz to me he mentioned another type of business he had done. I stopped him and ask him about it. He immediately pulled out some financials on that business (which was struggling) and I noticed the huge profit potential in the market for that business ! We immediately changed courses and set up a plan to upstart that very profitable business. If I had not been listening I would of never heard about the new business.

Listening to business podcast can teach a lot of rich information. One in particular that I listen to is HBR(Harvard Business Review) they interview a lot of the CEO's of large business and they give you tons of FREE advice. For example I am listening to the CEO of eBay and what his thoughts are on all the eBay business's. They own many differant types of business's. It is a treasure trove of information from someone who is at the top of the business game and it's free! I mean who wouldn't listen to the CEO of eBay?

Their are many othey podcast I like on marketing and business. All you have to do is go to itunes and download them an listen! Rooftopprofitmax also has a great podcast on itunes.

Listening to people and podcast can take you and your business to the next level! So why aren't you listening? Brett Young www.advancedcashflowsystems.com

Sunday, March 13, 2011

Knowing the details can make you a lot of money


I usually talk about issues related to Real Estate, but today I wanted to talk about some details that I noticed that could cost you a lot of money. The first was a Business man that wanted me to build a website for his product. When we met he gave me his business card. I noticed it was one that you do in the printer. That business card told me(by the looks on his business cards) this guy wasn't too successful . Nice Business cards are $6.00 on the Internet! Who cannot afford that.

Last week I went to a very important meeting and met with a private lender . As we were talking he noticed my watch. Brian commented that he really liked my brand of watch. I've had 3 meetings with him since and we are currently setting up a large private fund for investors. I believe the watch help get me another meeting. He also funded 3 homes for us so far.

A couple of clients came in town last weekend to look at some real estate. We did what any other reasonable Realtor would do we showed them some of our investment homes and some new investment properties they were interested in. On Saturday night Tim got us all tickets to see a headlining comedian that he used to go to school with. Tammy (the headliner) was at the top of her game that night and we laughed are heads off. After the show Tim arranged for her to meet are investors after the show. They loved it and had a blast (we did too). This week we have sold them 5 homes and looking for more.

When your getting ready to do any type of business with someone be careful what you say and what you wear. Take them to some fun places and don't be all business. Remember that old saying first impressions are everything. Make sure your organized and always have great business cards and have the meeting well planned. Be well dressed and never look cheap.

Making money and making sure your client views you in a positive and successful way is key to your success. So go buy some nice clothes , wear nice watch's, get some great business cards, and have a nice website to keep in contact with your clients. Then see what effect it will have on your business. Learning the details can make you a lot of money! What people think about about you can make or break you! Brett Young WWW.Rooftopinvestment.com

Sunday, March 6, 2011

Taking care of potential clients


When your doing any kind of business you should plan to see some clients from time to time. I am a Realtor that sells investment real estate to investors all over the world. From time to time they fly in and want to see some of their properties, some new areas and potential new investments they can purchase.

As a Realtor I need to prepare with my staff to make sure we have the trip all planned out. That doesn't mean just showing them the properties they want to buy or own. You also need to show them some fun in your area. For example on Friday night we took our clients out to a Amish restaurant. They not only got some great Amish food, they also got to see some of the great Amish traditions that were in that area. On Saturday night one of the Partners Tim had a friend at the Improv. Which was very fun plus Tim's friend Tammy (the headline comedian) came out and met our investors after the show! Great way to end our clients trip!

During their stay we also picked them up daily (2 days) at their Hotel. I went to Starbucks before hand and picked up some refreshments for the drive to the first property. During the drive I had properties for them to look at on the way. We also discussed what they liked and didn't like.

Me and Tim planned out how many homes we could look at in each area and still have daylight at the end of the day. We looked at many homes and sold3-4 homes on this trip. The clients appreciated that we rolled the red carpet out to them and planned their whole trip including evenings.

All this was work but we enjoyed their company, and we had time to meet with each one of them individually . They came away with a very positive outlook on our area. We came away with learning a lot about them and their needs.

By showing them some fun spots in our city and taking the investors to some of them in the evening we sold 4 homes. Remember knowing a client takes a lot of time, but it's worth it. In the end you have to work hard, but you will also have a lot of fun doing it! Brett Young WWW.Rooftopprofitmax.com