Category: News

We closed on the sale of a property today, a really cute condo that we rehabbed with a 6 figure check and we close on the sale of a piece of vacant land on Friday….whoo hoo!!!!

If you want to learn how to find all the deals you could ever need for your real estate investing biz, check out my website at www.marketingmagiclady.com Take a look at my Marketing Magic System and my Vacant Land Gold System.

I give you all the tools you need to successfully find great deals for your real estate investing businesses.

I saw a post recently where someone asked what attributes you should be looking for in a Realtor you want to have on your real estate investing team. I thought that was a great question. The first thing is someone who is experienced and “hungry”. The more interested they are in working with you the more money you both make.

Your Realtors should be providing expired listings for you, Realtors should bring you leads on listings before they are listed. Your Realtor should be actively looking for deals you might be interested in and they should bring you deals they can’t list for whatever reason (like too close to the foreclosure date or rehabbers) Your Realtor should send you lists daily of specific types of deals you are looking for. When you do make an offer they need to submit it quickly for you and follow up diligently. They should also have a ready buyers list and be able to match homes you have for sale with buyers. When they list a property for you on MLS, the listing should be clear, concise, with a great description and good clear photos.

Your Realtor should also help you with comps when you need them. I actually created a product with an interview with one of my realtors who has been working with me for almost 30 years. I provide a copy of that interview CD or MP3 to any new realtor I plan to bring on board to work with me. My Realtor has even met inspectors at homes I am buying if I am not available to do it. All in all if you create a great relationship from the beginning this is a person who should be a member of your team for the long term.

Check out my product Pre-Qualifying Your Dream Team Realtor on my website https://www.marketingmagiclady.com/kathy-s-products/pre-qualifying-your-dream-team-realtor.html

Ever wondered how some investors are making big money with small marketing dollars… and having more fun without headaches?

Join us Thursday 7:00 pm C.T., July 10th for an exclusive Virtual Training with the one and only Kathy Kennebrook —the Marketing Magic Lady!

She’s revealing her Vacant Land Gold system — a powerful, automated way to generate massive income by working with one of the most overlooked groups in real estate: vacant lando

Here’s just a sample of what you’ll learn:

How you can earn huge profits with land most investors ignore

A dummy-proof direct mail system that brings in 10–12% response rates

Why vacant landowners are more motivated than most sellers

How to find hidden owners (even when they don’t want to be found!)

How to close simple deals that others miss

12 ways to sell land fast + 24 ways to lease it for long or short term cash flow

Plus… how to get dilapidated buildings removed for FREE! NO ONE teaches this technique!!

Live Zoom Event: Thursday 7:00 PM C.T., July 10th

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Presented & Hosted by John Lee with STLREIA —Open to All Guests!

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John Lee

STLREIA.com | REQuickStart.com

P.S. Your Cookie-Cutter System for Vacant Land Profits Starts July 10th Here’s your link: https://zoom.us/meeting/register/M3I0n1tzS1iUos0lReTmHw

So I know I have said this before, but when you are closing on the purchase or the sale of a deal, make sure you check the entire HUD, NOT just the bottom line. We are closing on the sale of a property this week and today I reviewed the closing documents. I found over $1,000 in mistakes on my side of the HUD. Folks that’s part of your profit and it’s your Money!!

Take the extra few minutes to check the numbers. If you are a beginner and you aren’t sure about a figure, ask your title agent!! On the one I reviewed today I was charged two wire fees (only one applies) I was charged a realtor transaction fee that didn’t apply, I was charged for an assessment (this is a condo) that we had already paid outside of closing, it was over $1,000 in charges that weren’t valid.

In this case my old title agent probably would have caught these, but she retired and the new gal didn’t catch them. A lot of investors I know just check the bottom line instead of actually looking at the whole document. You need to check all of your closing documents carefully before you sign your name. Rant over

For all the information you need on finding all the motivated sellers you could possibly need check out my website at www.marketingmagiclady.com. While you are there be sure and sign up for my FREE monthly Newsletter!