8 Life Lessons
Friday, February 3rd, 2012 | Real Estate Investing | No Comments
Yesterday, on my “Life Lessons” webinar, I took a totally different angle. I didn’t teach a “SYSTEM” for making money. Instead I focused on the “Life Lessons” I’ve learned while forced to be away from my businesses. These are the concepts that make a business worth working at and fighting for. When you aren’t allowed to work you realize that working is a privilege, not a nuisance. I love what I do and I do it well. Being forced to be away from work and my family was very difficult.
Along the way I’ve learned 8 Life Lessons, plus 5 “underground” lessons.
Watch the webinar below to get the full insider’s view.
Here are the life lessons I learned along the way:
1) Be Daring
2) Expect the Best Outcome
3) It Only Take One
4) Time To Grind
5) Go Overboard
6) T.V. is the biggest waste of time in human history
7) Acidic Vs. Alkaline Body
8) Prepare Like Hell
9) Only Systemize Perfect Systems
10) Don’t Paint Yourself In A Corner
11) Track and Measure Everything
12) Do What You Love
13) Outsource and Delegate for Cheap
Advice for 2012:
1) Spend as much time raising money as you do finding deals
2) Focus on the distressed property market
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- REOs
- Short Sales
- Lease Options
- …and buyer’s that want them
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3) Brokerage is leading the way
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- Generate leads online (we generated 300+ leads while I was in the hospital)
- Recruit Agents
- Give the Agent great sales training
- Agents find the best Investment deals
- Cherry pick the investment deals (short sales, REOs and lease options)
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After you’ve watched the video, take a few minutes to fill out this brief survey – it will only take you a few minutes.
Keep doing the “Old stuff”, wither and die!
Tuesday, November 15th, 2011 | Real Estate Investing | No Comments
Over the past several years the marketing game has changed. BIG TIME!
You’ve seen it right? “LIKE US ON FACEBOOK”, “VISIT OUR WEBSITE”, “GROUPON”, “TWEET ME”, “YOU TUBE CHANNELS”, “MEET UP”, “PPC”, and on and on!
When I started in real estate I did none of this stuff. Mark Zuckerburg was still a high school senior. Facebook wasn’t even a thought.
I did lots of OFFLINE MARKETING. Most of which doesn’t work anymore!
I bought credit card sized ads in the yellow pages. Today Yellow Page ads are at HISTORIC LOWS and expected to drop another 50% in the next 5 years. Yellow page ads are EXPENSIVE and TEMPORARY.
I bought radio spots. Radio has declined 20% in the past year.
I did a 30 second TV spot. TV is down 10% and everything you see on TV is pointing the viewer online.
I was in the newspaper which still works BUT it’s a gamble. Most ads also push readers to online websites.
I STOPPED doing these “shotgun” marketing strategies years ago and I became “laser” focused on the internet.
Today, you have a choice too.
Option 1: Keep doing the “Old stuff”, wither and die!
Option 2: Get online and make a boatload of cash!……if you know what it takes to be successful online.
Where do I start?…. “you” ask…..it’s way more simple than you think!
You start by registering for the INTERNET DOMINATION training I’m doing this Thursday.
Register for the 2pm call :
https://www2.gotomeeting.com/register/534733290
Register for the 9pm call :
https://www2.gotomeeting.com/register/610041386
On the call you will learn…..
*How to Get Started Online even if you think you don’t have the time or technical Know-how.
*Simple-to-follow steps to generate mass traffic to your buyer and seller websites!
*How to automate everything so you can work less, make more and enjoy life!
*How to outsource “your entire online presence” and get “laser focused” keyword research, proper “lead capture” websites, automated follow up, raving fans and many many new loyal customers, clients, buyers and sellers.
More details tomorrow.
For now register for the call and then check out the videos I’ve been sending you over the past couple days.
Josh
P.S. The complimentary “traffic” videos are here.
Then register for the webinar.
2pm est / 11am pst : https://www2.gotomeeting.com/register/534733290
9pm est / 6pm pst: https://www2.gotomeeting.com/register/610041386
The True Cost Of Private Money For Real Estate Deals
Monday, October 24th, 2011 | Private Money, Real Estate Investing | No Comments
Let’s discuss the True COST to YOU if you choose not to have access
to private lenders and the money they have available for you to close
your real estate transactions.
If you’re brand new to real estate, it will cost you your confidence
because you will likely be too scared to make your first offer.
In addition to your confidence it will cost you somewhere in the
neighborhood of $20,000, $30,000 to $40,000…which would have
been your profit on the deal, if you had only had access to the
cash of a private lender.
CLICK HERE to access private lenders in your backyard
If you’ve been investing for a while, how many deals have you lost
in the last 6 months, 12 months, or 18 months, how much money
have you lost being unable to fund killer deals that came across
your desk because you didn’t have access to the cash of a private lender?
How much profit have you lost?
What has it cost you? $100,000, $200,000, $300,000?
And that’s just the “money” cost to you. What else has it cost you?
Your self-worth?
Your health, because your working too much scrapping over
a deal here and there with “no money down” so you can pay the bills?
Your relationships because you carry the stress around with
you so your friends and family can enjoy it too?
The bottom line is not having access to the cash of private lenders
has and will cost you far too much.
If you’ve failed in the past or lost deals….It’s absolutely not
your fault. You’ve been bombarded with lies that you can
be the next Donald Trump without having access to money
to close deals.
“The Donald” does deals with other people’s money. Not no money.
CLICK HERE to get access to cash to close deals
It’s time, now, to stop listening to the lies and to embrace the TRUTH.
Watch this video to learn the truth about success in real estate
I’m planning to shut this insane offer to get on board for only
$97 on Monday night
Josh
Here’s what seasoned investors are saying about “The Dovetail Method”
Wednesday, September 14th, 2011 | Bank owned, Commercial Real Estate Investing, Foreclosures, Pre-foreclosure, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
Hey, I need to be short today because I’m working with John and Jerry to polish things up for Thursday’s webinars.
Register for the 12pm EST/9am PST webinar here.
Register for the 9pm EST/6pm PST webinar here.
I thought the most powerful way for me to prove to you that you NEED to be on this call is to let others tell you about the impact DOVETAIL has had on them over the past 18 months.
“We had 3 closings in April and made over $45,000! We are on track to have 3 to 4 more closings in May and could make over $65,000 this month. We have 85+ deals in the pipeline and have partnered with a couple of brokers in town and get all of their short sale leads now. We still have a lot of room to grow and we are in the process of hiring some more people, but our business is really booming. We started less than a year ago and I am now confident that we will get to 7 to 10 closings a month very soon! Thanks for everything y’all do!” – Zach K., SC & VA
“I have been using (Land) trusts for a long time (9 years) to buy and resell real estate. My process worked for a long time until about 1 year ago. The title companies and title underwriters did not like land trusts anymore. I started using just the option contract and that paperwork seemed as though things did not go smooth. I switched to using John Grant’s and Jerry Ballard’s paperwork, the revocable living trust and things fell in place like magic. Once you get the process down, things happen very easy. In the years that I have been investing (10 years), John and Jerry’s paperwork is the best to use. I do not know of a better way to buy and resell than using the program that John Grant and Jerry Ballard have put together. The investment is priceless and I could not imagine using paperwork other than this. This is awesome.” -Tim P., IN
“I closed a Dovetail deal yesterday. It was with BOA (!) Just wanted to say thanks…no issues with anything.” -Sergio D., FL
Register for the 12pm EST/9am PST webinar here.
Register for the 9pm EST/6pm PST webinar here.
I’ll tell John and Jerry you said “Hi”
Talk Thursday,
Josh
Avoid these real estate markets
Thursday, September 8th, 2011 | Bank owned, Foreclosures, Real Estate Investing | No Comments
That headline sounds pretty ominous, doesn’t it?
Don’t let it scare you! While it is accurate, the flip-side is that there are a whole lot of real estate markets that you can hone in on and make a killing!
That’s what I’m doing in my local market. I told you about my most recent finds, and that was just in one afternoon! The trick is knowing where to look.
For years, many cautious investors have been saying that now is not the best time to invest in real estate. That is one train of thought, and it has, in fact, saved many people from losing a lot of money. BUT, if you have the right information and resources, now’s as good a time as ever. Maybe even better!
Things are finally **starting** to change in select markets. You have to know what those markets are.
— > Know How to Spot Strong Markets here <—
When you click on the link above, you’ll have the chance to gain access to my good friend, Ken Wade’s forecasting video and eBook. He will show you how to get access to tomorrow’s real estate deals, TODAY. And his eBook won’t cost you a cent.
Imagine having a crystal ball for real estate deals in the palm of your hand. Find out which markets are at the top, which are at the bottom and which ones are rebounding. Even better, find out what’s going on in your own backyard.
Ken is a Harvard-trained CPA and has done over $100 Million in real estate deals, so I’d say he knows what he’s doing.
Don’t get me wrong, it’s bad and going to get much get worse in many markets; you still need to avoid them for a while. However, it’s no longer true across the board …you can start dipping your toes in (if you know where).
There’s NOTHING more important than getting in (and out) at the right time, THAT’s how you create generational wealth with real estate and avoid the catastrophe millions of people have been living through.
You have nothing to lose – check it out today.
—> Click here <—
Can you forecast real estate success?
Tuesday, September 6th, 2011 | Bank owned, Commercial Real Estate Investing, Foreclosures, Pre-foreclosure, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
Welcome back from Labor Day Weekend!
Monday was one of the best days I can remember. I played 18 holes with 2 of my closest friends, had lunch with my wife and kids, sang to my new baby boy Dominic (my girls call him Dominoooch!), worked out like a champ, jumped in my hot tub, fixed my kids dinner, and we closed the day with homemade ice cream sundaes.
Can’t beat that! Seriously what a great day!
After a relaxing weekend, I’m back at it.
This weekend I also had the chance to evaluate a sweet new “success forecasting tool” I’m using.
I want to introduce you to a friend of mine who can help you “forecast success”.
His name is Ken and he’s is not only a Harvard MBA, but a C.P.A. as well. In 30 years of real estate investing, he’s personally closed over $100 Million.
(that looks like this -> $100,000,000) worth of real estate deals.
Ken is the kind of guy that I listen to for “forecasting” advice, and you should, too.
He’s put together a “forecasting” video and ebook for you.
Get it here.
He’s going to show you how you can get tomorrow’s real estate deals, TODAY.
Imagine having a “crystal ball” for your real estate deals in the palm of your hands. Find out what markets are at the bottom, and which ones still have a ways to go down and which ones are rebounding already and what’s going on your own back yard.
Ken’s just actually giving away this C.P.A. caliber, forecasting information.
You have nothing to lose, other than maybe a ton of your time and a boat load of your money investing in the wrong markets.
But nothing more than that.
Josh
P.S. Have you ever had a shot at “insider info” from a Harvard MBA whose closed $100 Million in deals? I doubt you’ll get that chance again.
“Forecast” your own market and dozens of other markets now before it’s gone.
Special Personal Announcement – My Baby Boy
Thursday, August 25th, 2011 | Uncategorized | 2 Comments
My wife Lisa Marie and I welcomed our 3rd child, Dominic Tomasso into the world on August 17th at 8:52 a.m.
6lbs 3oz. My wife would say he’s beautiful. She loves his little lips. I say he’s tough as nails. You should see his biceps. LOL
He’s named after his nona (Dominica) and his grandpa (Tommaso). My wife’s parents are “off the boat” Italians. Lisa has a great family and support system.
Below are a bunch of pictures of “DOM” and my little girls. His older sisters just can’t get enough of him.
Real Estate Announcement
Today’s my first day back to work….just a few hours today and a few hours tomorrow. Then next week I’m going to hit it hard.
This morning I was looking at a new list of REO’s that just hit the market yesterday and also reviewing all the great comments and feedback we’ve gotten about the “Instant Cash Infusion” 4 week coaching program. I wrapped that up 2 weeks ago.
The top question I’ve been getting from the ICI members all revolves around ONE IDEA:
“Now that I have the knowledge to do these deals….. how do I create a consistent, profitable business in real estate.” – J.K.
“How do I avoid the cash flow problems while growing my business? How do I scale up?” – R.A.
“Who should I hire first and how do I pay them?” – R.F.
“How can I consistently profit $10,000, $25,000 even $50,000 a month or more? AND not have to work 80 hours a week to do it?” – P.M.
These are all great questions that I want to answer for you.
I’m going to do a training class next week Wednesday afternoon and Wednesday evening to show you How to Create Business Systems that will allow you to make more and work less and enjoy the results your business can provide you instead of slaving in your business with little results.
Register for the Wednesday Afternoon “Business Systems” Class 2pm EST / 11am PAC
https://www2.gotomeeting.com/register/941932082
Register for the Wednesday Evening “Business Systems” Class at 9pm EST / 6pm PAC
https://www2.gotomeeting.com/register/487535066
Everyone who registers and attends will get a complimentary set of “Process Maps” that I use to buy and sell real estate on autopilot. You’ll see the “systems” in action and how they allow me to buy and sell profitably without slaving “IN” the business.
I’ll send you more details tomorrow about the class
Talk soon
Josh
P.S. . Register now. I’ve never done a class this detailed before on how to set up and scale your real estate business with office systems and staff protocols. I was reviewing and tightening up the process maps in the hospital while everyone else was sleeping. You’ll love them.
Register for the Wednesday afternoon “Business Systems” Class 2pm EST / 11am PAC
https://www2.gotomeeting.com/register/941932082
Register for the Wednesday evening “Business Systems” Class at 9pm EST / 6pm PAC
6 Parts to Rehabbing Successfully
Thursday, August 25th, 2011 | Foreclosures, Real Estate Investing | No Comments
Rehabbing is a great way to get started in real estate investing. Doing it properly will help you avoid becoming overwhelmed – and keep your budget intact. Here are six basic parts of the process that are consistent among successful real estate rehabbers:
Part 1: Before Work Begins
• Rekey or change out all locks (make extra key copies) and place a lock box on the front door. If the property is in a depressed area, board up the windows.
• Put all utilities in your (or your company’s) name and schedule them to be turned on the day you close.
• Getting the permits out of the way will free you up and help you avoid potential problems.
• Some work can begin pre-closing. Foundation repair, if necessary, is critical before doing any other work.
• If the property needs pest control services, have them come by before you start work.
• Have a plumber and electrician go through the property to completely shut things off before you begin related work.
• If the seller allows it, start tearing down cabinets, etc. Get a cleanup crew to pick up the debris. Sanitize the house.
Part 2: Roughing Out
• Replace plumbing under the house or route additional plumbing if necessary.
• Remove rotted framing and subfloor. If damage is structural, get the right permits and people to repair it.
• Replace damaged exterior doors, ensuring that they are to code.
• On a standard rehab, replace only those windows that need it.
• Prepare the exterior for painting or replace with siding. Replace and paint exterior trim, including soffits and fascia.
• Curled, warped or faded roof shingles signals a replacement job. Get a good roofer for extensive repairs. Replacing a few shingles, flashing or vents can be done inexpensively.
Part 3: Mechanical Systems
• Hire a chimney sweep to inspect and clean the fireplace.
• Have a specialist inspect and clean out the heating, ventilation and air-conditioning (HVAC) system.
• Have new plumbing and electrical installed to code. Be sure you have all permits and get the work inspected before moving on.
• After inspection, install insulation in exterior walls.
• Repair or replace driveway, patio and walkways.
• If the septic system needs repair, be sure it’s reported in the purchase contract and negotiate who is responsible for the cost.
Part 4: Unfinished Surfaces
• Replace or repair drywall in walls and ceilings.
• Replace the garage door if necessary.
• Examine and replace gutters and downspouts.
• Install wood floors, if worthwhile.
• Replace or reface cabinetry.
• Repair or replace interior doors.
Part 5: Finished Surfaces
• Paint the interior and exterior.
• Replace countertops with your chosen material.
• Replace flooring with your chosen material.
• Ensure that all plumbing is installed properly and leaks are eliminated.
• Install cover plates, jacks, lights, smoke detectors, etc.
• Install new thermostat and vents.
• Finish or refinish wood floors last, to minimize damage from traffic.
Part 6: Final Details
• Little additions, like doorknobs, hardware, house numbers, towel bars, etc. can add to the appeal – and the budget. Take care not to overdo it.
• Install appliances. It’s often cost-effective to work through one supplier.
• Install carpet, if any. Neutral colors are best.
• Have landscaping done after the major work is complete to prevent damage to the lawn.
• Perform final cleaning.
• If desired, a local designer is inexpensive and can help stage the property for extra appeal.
• Do a final walkthrough to ensure nothing is overlooked.
Many people get their start in real estate investing by buying a house wholesale or in foreclosure and rehabbing it. Following these key parts will help keep your enthusiasm up (and your budget down).
To learn how you can start your real estate investing business, click here.
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15 Ways to Succeed in Real Estate Investing
Wednesday, August 24th, 2011 | Bank owned, Foreclosures, Pre-foreclosure, Real Estate Investing, Real estate short sales | No Comments
It wasn’t long ago that real estate was the way to make money. But, is that still true? Things are by no means back to the “old ways” but if you look around, you will see that the tide is changing. Money can be made in real estate investing. Strategic Real Estate Coach presents this list of ways you can profit from today’s real estate climate.
1. Auctions
Real Estate auctions of all sizes and types are among the richest grounds for good properties. But, newbies need come prepared. Lack of research is one of the biggest newbie mistakes.
2. Divorces
Owners in the middle of a divorce are usually very motivated sellers. Be wary of properties that are underwater; in those cases, a short sale is the best bet.
3. Tax Liens
Properties with unpaid tax liens often end up on the auction block after foreclosure. The government has no use for the houses; they just want their money. Sometimes you can find out about these opportunities before foreclosure begins and see how motivated the property owner is in getting out from under the debt.
4. Notice of Default (NOD) List
The NOD list is a treasure trove of buying opportunities. The owners of the newest listed properties may need a bit of (gentle) coaxing before they realize they can’t get out of their situation, but if you are persistent, the rewards can be huge. As with other foreclosure and pre-foreclosure properties, find out how much is owed to the lender.
5. Real Estate-Owned (REO) Properties
Also called bank owned properties, these have already been through the foreclosure process and are now owned by the lender. There are lists for these properties available – agents in your area have them.
6. Short Sales
This is when the bank is willing to take less than what it is owed. Huge profit potential or the chance to own a great property at a bargain basement price.
7. Rehabs (aka Flips)
Although “flipping” isn’t as popular as it was, it’s still a solid way to make a profit – if you do it right.
8. Wholesale purchases
Buy low and sell fast – without even touching the property – to a buyer “as is.”
9. and 10. Rental Properties
There are actually two approaches here:
• Purchase an unoccupied rental property, fix it up, then rent to new tenants or sell it.
OR
• Purchase a non-rental property, fix it up and rent it out.
11. Distressed/Damaged Properties
Drive around and check out any houses with peeling paint, old roofing, tall grass or other signs of neglect. Maybe a building damaged by fire can yield a workable deal. You may be able to find a motivated owner. Take care and get as much information as possible before buying.
12. Free and Clear Properties
You can buy a list for properties in your area that are owned outright. Making an offer to an owner could be profitable.
13. Out of State Owners
Rentals, vacation homes or maybe houses purchased for the big retirement move that never happened.
14. Probate
Heirs often need to sell a property in order to split the proceeds. A cash offer is likely to motivate.
15. Selling Leads (Bird-Dogging)
Create a list of secured leads by doing the legwork yourself and sell that information to local investors. Or, you can do all of the preparation and presentation and present it to investors and take a finders-fee.
Just because you’re not an agent or big-time investor, doesn’t mean that you can’t dip a toe in the waters of real estate investing. It’s easier than you think! The list above isn’t hard and fast – there are many more ways to take advantage of investing in real estate. Use this list as a springboard and dive right in!
To learn more, click here.
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Meet Our SREC Student of the Month, Peter Gorski
Friday, July 29th, 2011 | Real Estate Investing, Uncategorized | No Comments
We’re proud to spotlight SREC Coaching Student of the Month, Peter Gorski. Peter joined our coaching program about two months ago, and has already been realizing some tremendous results! Peter attended our 2-day SummerFest high-end student mastermind event last week, and had a tremendous experience. As a gift for being chosen Student of the Month, Peter was invited to stay for two additional days of mastermind with the Maverick/Master’s Elite/Board of Advisors students.
Here’s what Peter had to say about his experience:
“I first wanted to say that I had one hell of a time at SummerFest. It was like no other event that I have been to before. It blew them all away. I was super excited to meet the SREC students, as well as your team, and I had no clue what to expect on Thursday going into the event. Everyone was so very nice to me and to the others, and that is very important to me because it makes me feel welcomed and part of your team vs. others. I’m no one to them but just a name on a list.
You put on one hell of an event and I’m looking forward to the next one. I have to make it to the top and
now, due to SREC, there is nothing holding me back.”
I want to share the story of Peter’s journey before SREC and since joining SREC with you, in his own words:
Just enter your first name and email in the
box below for free immediate access!
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