My wife suggested a diabolical and revolutionary course of action to get private investors. Guess what. It worked.
Tag: Landlording
Michigan Real Estate Investing TV: Crack Smoking and Private Money Seminars
There is no magic bullet or seminar that will get you private investors if you HAVE a track record. This is a game of relationships, not strategy in your real estate investing business. Has your experienced differed? I’d be interested to hear about the results that others have had.
Michigan Real Estate Investing TV: Crack Smoking & Private Investors
Have you been deluged by requests from people that you don’t know and that have no experience begging for private money? I swear that these people must be on crack or something stronger.
Michigan Real Estate Investing TV: The Bank Actually Wants to Talk
Wtih everything that I’ve been hearing lately about the credit markets, I thought that there was a relatively low probability that the bank would even be interested in talking about extending an apartment loan. But they are. Also – there are two more deals that look like they may be fitting for partnerships – send me your email address if you’d like to get on the list to get the details as they become available.
Michigan Real Estate Investing TV: What’s Your Marketing Hook?
Every property has one – the one offer or deal that you can bank on to get your phone ringing when you have a vacancy. What’s yours?
Michigan Real Estate Investing TV: Cap Rate Ray and Ignoring ROI
I love cap rates – they’re a great way to screen multi-family buildings when you’re trying to narrow down your list. They’re also good for using as a frame of reference. For example, I talked to an apartment buyer in Southern California last week and told him we’re looking at cap rates in the 9-11% range here, while they’re in the 4-5% range there. But where they aren’t useful at all is in the actual…