Wednesday, 25 January 2012

Effective Ways to Find Good Real Estate Deals

A real estate investor is one who provides solution for other people's problems and that's how they become successful. The more experience, knowledge and resources you have, more the solutions you can offer for their problems. Once you start solving problems, you can find people calling or coming to you with their problems. To achieve this, you need to advertise the fact that you are in a better position to help them while being trustworthy and accurate in solving problems and making quick decisions. 

To excel in this competition, you will need to understand the marketing and decide on what you are going to specialize in. You need to develop a method for your target audience and attract them with a message  using the different types of media. Lets look at some of the categories where you can specialize in:

    1. Condos, vacation property

    2. Single-family homes

    3. Apartments for one to four families

    4. Commercial— hotels/motels, strip malls, office complexes, mobile home parks, storage    units, parking lots, garages, restaurants, stores, apartments for five or more families, and so forth

    5. Industrial—factories, refineries, manufacturing plants, and so forth

    6. Farms—commercial, industrial, or agricultural, depending on zoning

    7. Raw land—lots, vacation, recreational, sub-dividable residential, commercial, industrial, agricultural, and special purpose

    8. Special purpose—churches, schools, hospitals, power plants, theaters, sports arenas, golf courses, marinas, and so forth

Even if you dont want try helping someone to sell their property. Just like a friend help them without expecting anything in return. You will be amazed with the ressult when you sincerely help someone without having the intention of making money.

If you find that the property is an absolute steal, lock it up and sell it to somebody who likes it. Get the option and hand it off to another buyer.

Post fliers in shopping centers, colleges, churches where large number of people gather. Print quality business cards and give them a chance to give you a lead on a hot deal.

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