How to Set Up a Successful Real Estate Investing Business from Stretch Part 2

Published: 18th February 2011
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In part 1, I showed you all the necessary steps to start your real estate investing business from the ground up. Now I’m going to take you through the necessary steps of getting the word out that your business is now open and ready to start servicing the world.
Remember that it’s not going to take you years to turn a profit. If you put your education to action, then you will most likely turn a profit your first few months.

Marketing is what’s going to decide how successful your business is going to be.

1. If you have the available funding, you can hire somebody to do marketing for you around town but this starts with bandit signs. You can blanket the city with signs that your either looking for cash buyers, or use phantom marketing which I recently did an ezine article about. Pay someone to put these signs out for you and you can spend your time doing something else more productive for your business. You can put out bandit signs for motivated sellers but I havn’t had much success with these as of lately but I live in a extremely competitive market.


2. Putting out flyers and business cards for motivated sellers in laundrymats, movie theaters, fast food joints etc. This should have you motivated seller number (which should be a toll free number with a 24/7 voicemail so you can screen callers)

3. Setting up a website for all leads (cash buyers, sellers) is important and also, not expensive at all. You can get your site name and everything for between $5 to $10 per month. Site name is only between $2 to $15 per year.

4. Now that you have a website, You need to set up an auto responder for your cash buyers. There are services that are free but the ones that cost are a lot more advanced and offer some great services. This is a way for you to stay connected with your sign ups when they join your list. It will periodically send them a message automatically according to the times you set.

5. Get involved in social media. I know all this facebook and internet stuff and be overwhelming but it’s good to be on there. I picked up a buyer on facebook recently just from posting that I sell properties.

That’s about it my friend. Now your practically ready to start wholesaling. That’s all you need for the business part. Now you need to put some action forward and use the knowledge you’ve acquired and get some homes under contract and find some cash buyers.

I've put together a very informative eCourse on starting a real estate business from the ground up. I'm giving it away for the time being.

If you want to take the proper steps (that I've spent thousands of hours learning) on setting up a successful real estate business, sign up now for my free REI eCourse now.

To your success my friend

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