On this episode of the Investor Empowerment Series Radio show we cover something I titled "Finding Deals in Your Spare Time... If there is such a thing!"
Point being, when you have a free minute, maybe on a lunch break, maybe at night after the kids go to bed, maybe when you wake up at 430am because you just read the book "Miracle Morning" by Hal Elrod, take some time dedicated to your real estate investing business.
I find that spending just 10-20 minutes a day scouring the internet, MLS, web based auction platforms, etc. Often leads to increased familiarity with your local market and better understanding of "what" a deal looks like. When you're just browsing as you'll start to notice trends, up and down, of your local housing stock, which will assist you in determining on whether or not you should be making an offer on a property or getting access to inspect it.
I review my experiences over the last week when I took approximately 1 hour of my "spare time" while my kids were playing in their room and discovered 3 potential deals, 2 of which I offered on that day sight unseen, and 1 that was accepted.
Listen in to find out the details...
On today's podcast we review a wholesale deal that I am offering out to the listening public available in Elgin, Illinois. This deal has a profit potential of up to $50,000 depending on exit strategy. Tune in now to hear about the opportunity
If you're not interested in buying a property in Elgin, IL, then stay tuned as there is a twist that may interest you and I'd consider checking out no matter what city you invest in.
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So, I was inspired to record this podcast off of an article I read by Brandon Turner on Bigger Pockets, entitled "16 Tips to Getting Your Offer Accepted."
Thus the title of this podcast.
Full credit for all the ideas/materials/copyright, etc given to the boys over at www.biggerpockets.com
If you are struggling to get some of those offers accepted that your are hopefully continuing to follow up on, send out weekly, and low ball :)-- Check out this podcast which is based upon the article on Bigger Pockets of the same name.
And if you're not on BP, you need to be, and it's free.
Sign up today!
Today's guest on the Investor Empowerment Series Radio show is Jefferson Lilly of Park Street Partners. Jefferson and his business partner Brad have built a massive Mobile Home Park business totally 1540 pads in 19 different parks throughout the United States.
Jefferson is a self-made millionaire, mobile home park investment expert, educator and industry consultant.
Prior to Co-founding Park Street Partners in 2013, Jefferson spent 7 years investing his own capital, building his "unofficial" advisory board, owning and managing his own mobile home parks.
On today's show we discuss how to retire in 10 years by getting starting with mobile home parks, sourcing new park deals, and managing parks for maximum efficiency utilizing technology to simplify the business processes.
Thanks again for tuning in to another great episode!!