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"Real estate investing fever" has hit like a plague.
Zillions of "newbie" investors are jumping on the bandwagon trying to make a profit after losing big in the stock market. I meet them all the time, and many are making big mistakes!
Mistake #1: Stock market mentality
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Are you a newbie attending a real estate investing club? Learn the rules before you attend?
If you want to get the most out of a real estate club, follow these five rules...
1. Get what you can from each speaker
Real estate investing clubs are often underfunded and...
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It amazes me how many people start investing in real estate, only to fail when the going gets tough. As soon as people discover they can't get rich in a week or two, they are on to the next “guru" secret. It’s the same as weight loss--everyone talks about it, many try it, but...
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It surprises many beginning real estate investors when I recommend they get started investing without using their own money. They find it hard to believe that sometimes having money can be detrimental to learning to be the best real estate investor you can be.
It’s just...
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You can make a profit from the deals you find, even when the deals aren't a fit for your real estate business. Here are five tips to make sure you get paid for your time.
1. Sign up the deal!
This is the most obvious way to profit from every appointment you make.
2. T
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Here are five tips for successful negotiating.
Tip one: Four ways of dealing with seller objections
There are four ways to handle objections. Here is the list in order of least desirable to MOST desirable:
1. Flop! This means NOT dealing effectively with the objecti
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