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Posts posted by BEV!
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...This leaves a true net at closing of around $238K. Does the homeowner realize this? If not, your weakness in this, Michael, is not educating them.
Admin, how are you?The biggest obstacle you are facing are unmotivated sellers and Agents with inflated asking prices for the purpose of obtaining listings.I believe that the biggest obstacle here is "Uneducated" sellers as you can see above from what you wrote.
Once a seller is educated correctly, most of the time they become motivated.
Full price of a house is NOT what the house is worth, but what the seller gets after paying everything (net) which in this example is $238K.
And if Michael is offering a net of $241K through a CA, then based on this example, he is offering OVER full price for this house and the seller needs to know this.
BEV!
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OR........ they don't know beans about cars either.Ahhhh!!I was confused because at the other forum (automobile forum), some of the guys were telling me that the last 2 digits of the odometer were for counting the blocks, and that every 12 blocks counted as a mile, therefore, making the 4th digit on the odometer change one number..errr..very confusing for me to understand..
Because they were messing with you, haha
Not all guys know about the car they drive or any car for that matter.. I've even asked my neighbor about the odometer and he was puzzled too and said he never thought about how to read an odometer and gave me 200 different answers haha!
And by the way, I found out my odometer is "Digital" errrr ( I must of looked at the wrong car last time )
MC's car won't even start till he blows into this little device, so he probably thought the readout was his blood alcohol level.BEV!
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Ahhhh!!
I was confused because at the other forum (automobile forum), some of the guys were telling me that the last 2 digits of the odometer were for counting the blocks, and that every 12 blocks counted as a mile, therefore, making the 4th digit on the odometer change one number..errr..very confusing for me to understand..
I did not want to give the wrong info to my insurance but now I know how to read it and all I need to do is divide the total mileage by the number of years I've owned the car to come up with the yearly mileage amount... wheww!
Thanks Admin
BEV!
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Is for my car insurance.
They want to know how many miles I drive per year.. since I'm only paying $106 every 6 months on insurance on that car that I hardly use, I need to report how many miles I've driven this year so far and they want an answer by tomorrow.. yikes!
But I don't know how to read the odometer
HELP!!!
Bev!
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I checked and is not digital.. what's the verdict?It depends if the odometer is digital or not.Thanks much,
BEV!
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Hi guys (and gals)
Can one of you please help me with this dilemma.
One of my cars has an odometer reading of 100,333 (6 digits), but my dilemma is that I don't know how to read it.
Does this mean my car now has 100K miles and 333 blocks in it? Or does it mean it has 100K miles plus 33 more miles and 3 blocks?
I almost never use this car.. only once per month or so.
OMG, this is horrible...
Can someone please tell me how to read odometer? In other words, what does EACH DIGIT on my odometer stands for?
Thanks,
BEV!
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Good for you, pilot.. I'm very proud of you!
Nice picture of the building, and to think that my very first job was at the Embassy Suits (accounting dept.) when I was still going to school.
They are Beautiful buildings.. Let me know when you guys give a class on a Cruise Ship
BEV!
OMG! I may be moving to beautiful San Diego this year.. I have mixed feelings
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Thanks. These type of deals are one of my favorites. They are investors which means they have multiple properties...Glad your back BEV! You always 'Rock' with FRBOs and congrats with the deals!
Awesome! Do you include your FaceBook group link on your postcards so that they can join your group and find out live information about what you offer via feed? (or do u include only your website in the postcards?)..I turn to trying post cards. And now with marketing to listed properties it opens up a huge market of nice houses.Good for ya!
BEV!
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I agree with you, Stevie... With post cards you don't get the immediate yes or no response as with email marketing. I think with post cards it seems to be about persistence and sending out 3 or 4 rounds of cards to the same list.I haven't been in business since last Dec 20th 2010 due to critical family member crisis so I put the biz on hold. But now that things are better with him since last week, I am now back in biz stronger and wiser.
I have set up a brand new page strictly for FRBO only to turn them into a CA.
I then came up with a bullet proof email to test and see how many people would click on the link page on my emails.
I sent out 15 emails to CL For rent ads 3 days ago. From those 15 emails, all of them clicked on the link and viewed my new page.
From those 15 clicks, two I already have under contract and two are pending.. I spent not a dime on marketing.
I've learned that people don't buy services or products.. People buy stories (testimonials), so instead of me telling them on my page the benefits of the CA, I tell them how I helped a landlord few months ago with his rental headaches.
I'm still testing this new email and page combo and will report it in the future.. just saying
BEV!
P.S. Stevie, are you still doing email marketing?
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Wow! A Bev sighting! Good to see you back in the fold, amor.Howdy, Admin
BEV!
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I refuse to accept this.@ BEV, What if i don't find that person. What other ways may i try to keep working on lease options in New Hampshire.You will find the right someone if you really set your mind to it
I would start off by looking for "rookies mortgage loan agents" (someone just starting out) and explain to them what you're looking for and also tell them that when the option gets exercised, they can help out with the loan which will make them even more money. (t/b will thank u for this)
This could turn into a long relationship.
Get at least 2 other backups just in case one of them flakes out.
You can leave them your bank's deposit slip with your bank account already in it so that when it comes time to get your option money, all they do is go to your bank and make the deposit and let them keep their share and life goes on....
If none of that works for you (errrr), then the last resource is the Admin's advice, the man who still uses something called VCR
BEV!
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Hey Stevie
Hi BEV!You're in a very good position right now to hire someone before you move to Florida.You can meet them face to face right now and possibly even train them on doing what you'd like them to do once you're gone to FL
Or hire a family member that lives there or a friend.
Take advantage of the time you have left and train the right person to work for you.
BEV!
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I've been gone for a little while on personal matters but I'm back.
Anyway, my little neighbor next door is on American Idol and I was just asking for you'll support
Even if you don't watch American Idol, how bout showing some luv?
She's not my favorite at all but is my neighbor and I support her, I'm curious to see how far she can hang on, so far she's in the top 10
Anyway, her name is Thia Megia
Thanks Ppl and is good to be back
BEV!
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You're in a very good position right now to hire someone before you move to Florida.
You can meet them face to face right now and possibly even train them on doing what you'd like them to do once you're gone to FL
Or hire a family member that lives there or a friend.
Take advantage of the time you have left and train the right person to work for you.
BEV!
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Lynn,
Great you found me also
Admin,
In the Naked Investor's Bar, SilyWhat bar are you in, Lynn?For all others, if I don't accept your friends requests quick is because I'm moving to another house starting this evening and won't have internet until who knows when, but if I have the time, I'll be using the library's computer to check in.. I'll be very busy for the next few days or so with the moving, but the good news is that I'll be in the new home for Christmas.. YAY!!
BEV!
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David, looks like you found me after all...... you now have access to my scripts on FaceBook as wellBev,I can't seem to find you on Facebook...but I'd love to look at those scripts. What's a guy to do?
BEV!
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Sorry to all of you who've been following this thread for so long.. but the truth is, I have not created such ebook.Bev,I know this is an old thread, but did you ever get your ebook or blog put together?
Lynn (FL)
What I did as most of you already know, is.... I have put some of these scripts on my Facebook private "notes" section for viewing
BEV!
I enjoy creating ebooks and I have made several of them (on other topics), so there's still hope peeps
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Also Michael by any chance do you offer any type of Military/Veteran discount on your manual? Sorry, had to ask.Hehe. No need to apologize. Tells me you're a shrewd businessman and you're probably a natural for this biz. At only $97 the manual is already discounted. But what the hell. We're but a week away from Black Friday, the Giants are in first place in the NFC East, and my in-laws are nowhere near me at present. $75 to your door.
If you're interested, send me a PM and I'll take care of the details.
Admin,
Actually, if you don't already know, there's a "LEGAL" way of getting your product (or any product / service) at a discount of 50%, 80% and even 100%!!
Powerful companies have been using this technique successfully for a while now to sell their products and services... and with the holidays just around the corner, what better time than now? If interested, PM me
BEV!
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UPDATE:
Both my FB accounts are back LIVE and everything is perfect.. WOOHOOO!!
BEV!
P.S. Bachelor #1, (fill in the blank) haha!
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&%$#@! My facebook account was disabled today due to the bug going around affecting female's profiles AAAUUURRRRGGGHHH
Anyway, is all fixed now and I already got my personal FB account working again, but the Real Estate one is not active.. why oh, why???
I can't believe it, oh well, it was nice while it lasted.
Here's the article: http://news.cnet.com/8301-27080_3-20023010-245.html
BEV!
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Hmm.. sounds like he's worth my checking him out LOLHmmm...well, most of my newsletters have a title like, "So this stripper had an Adam's apple..."Anyway, the HTML code title is the one that either makes or breaks a click but when you use the same title on all 3 spots (html, file & newsletter title), then Google will love you to death.
BEV!
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I like my method better
When ready to close the deal
1) I close with home owner privately first at Starbucks around 1 PM (we have fun through the process with all them coffees and all)
2) I then drive to the house and close with the TB privately around 2 PM.. we go over the paperwork, and I answer all their last minute questions, I collect my cashier's check and sign papers.
I then call home owner and tell him we're ready for him.. He then comes and joins the party with us.
They stay partying and I go to bank
BEV!
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Pilot, is better if your newsletters are online as well.. If that's the case, then the link to a particular newsletter will show up on my feed to all my friends on Facebook... but don't you stop there, add a "twitter and all the other major socials to it as well" A lot of people don't have FB but have twitters and all other socials.So Bev, if you were on my newsletter list, and I had a "like" button on it, then you could click it, then does it go on to your Fbook page that you liked the newsletter? Does it put a link up or something?Search engines love this.
Also, be creative with the title of your newsletter because this is the crucial part of "sharing" on social sites.. for example.
" I Just Bought A New House With Bad Credit And NO Money Down " as title (just an example) because this is what will show on the link, and of course when all my friends sees this title, they will want to click on it asap.
You can also put your buttons on any video if you haven't already done so.
BEV!
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You answered your own questionHi all;I have read everyone's opinion's on sending out documents. I had another "can you send the docs for my attorney to review?" line. I of course will not do that.
In other words, if you send me the contracts (whether samples or not), and if I really wanted to use them myself, I can always just type every word of it on a sheet of paper and that's it! Nothing will stop me from doing this if I really wanted the contracts for myself.
My point? Nothing and I mean NOTHING will stop someone from using your contracts if you send it to them.
I still use my old technique when someone requests for my contracts and most of the time I don't hear back from these clowns, if they only knew the joke's on them
Hey, how about putting a barcode on them when sending them out stating something to make them think twice before stealing your contracts?
BEV!
Explain again why we market to FRBO?
in Marketing
Posted · Report reply
The Admin's reply to this question is an excellent one.
Let me also add that since all I do are FRBO (CA), I can tell you that most FRBO I deal with are investors that buy and hold properties and that's all they do.
So when I spot these prospects, I don't approach them by asking them... " Are u interested in selling your house through a lease option?", if I did, they would get ugly with me and tell me to take a hike
What I do is have them sell themselves into the idea of "Rent To Own" instead.
How?
I ask them something like... " Are u interested in free quality long term tenants and early rent payments? "
10 out of 10 say "yes".. Who wouldn't? And that's all I need, the green light. Then they always ask me.. "What's the catch? "
My reply...
" You have what I want and I got what you need "
At this point I have 100% of their attention and interest at which time I start my education with them about the program.
Good luck.
BEV!