The question I pulled out this week just came in today and I think it couldn’t have been more timely…
“How do we compete with the seasoned investor who has all cash?”
Since you are here, let me give you an overview to the answer for that specific question. First let’s start off by explaining the mindset of the seasoned real estate vet.
Most of them are at the point where they want to take the path of least resistance. What I mean by that is they want minimal work. Most of them have a team of people that typically include a real estate agent that is finding the properties for them.
Think about it, real estate agents are going to be looking for properties on the MLS – so if you are searching there for properties, you are going to come up against a lot of competition. And you’ll probably get your pants kicked in.
You have to get creative in the ways that you find real estate investment properties – that’s the only way you can eliminate the stiff competition. There’s plenty of different strategies that you can use to attract people to you.
In these cases, you won’t have anyone to compete with but yourself. The first video in my free training course gives you 6 super creative and highly effective ways to find real estate investment properties.
The other thing that you need to be good at in order to beat out the seasoned vets is putting together your offers. When it comes to offers, it’s not just about how much money you are proposing to buy the property at.
There’s actually 10 different things you can do to make your offer stand out and get accepted over people offering all cash. I go over those strategies in detail on video 3.
Video 2 in this free mini course covers evaluating properties so that your hard money loan gets approved and you make max profit. This doesn’t really have anything to do with beating out all cash offers, but it’s a super important part of the process, which is why we included it in the training.
In the last video, which is #4 in the free mini course, I go over specific strategies designed to absolutely crush your competition…
Add up everything that you’ll learn over these four videos and you have the ultimate solution to the question above.