Live Q&A - How to Deal with Late Rent Problems, Postcard Response Rates, and How to Finance Your First Deal


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بواسطة Mike Simmons and Inspiring interviews with today's most successful real estate investors!، اكتشفه Player FM ومجتمعنا ـ حقوق الطبع والنشر مملوكة للناشر وليس لـPlayer FM، والصوت يبث مباشرة من خوادمه. اضغط زر الاشتراك لمتابعة التحديثات في Player FM، أو ألصق رابط التغذية الراجعة في أي تطبيق بودكاست آخر.
Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Facebook Live Question and Answer sessions. I just started doing these live forums in April and they are going so well and I am getting such great feedback and questions, I thought I would share them here on the podcast. Especially for those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more! Some of the questions have been very real estate specific, but others have been general business questions, like asking about overcoming fear in order to get started and how to successfully scale. I have also received more personal questions like how I decided real estate investing was right for me and the steps I took to get my business off the ground.

This presentation is the live Q&A that I did the week of April 6th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!

Notable Quotes:

“Banks look at your credit and the investment you are trying to make. They don’t usually beat you up for lack of experience.”

“I will loan you that money all day long because my investment is very secure.”

“You need to look for hard money lenders.”

“The answer is painfully obvious… it is an emphatic, scream from the mountaintops, yes!”

“If you are averaging more than a 12% return on another investment vehicle, maybe you should stick with that.”

“In the spirit of telling it like it is, 500 postcards a month is not enough.”

“The bottom line is that postcards do work.”

“Day one when a tenant is late on rent, send them a seven-day eviction notice.”

“You can stop the proceedings anytime you want, but until you get that notice into their hands, the clock hasn’t started.”


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