Marketing Tip # 24- Actually today’s tip is going to be a landlording tip. Here is my advice to landlords and budding landlords out there. Number one you need to have a kick butt tight lease agreement. I personally started with Louis Brown’s lease agreement many years ago and then we have tweaked it over the years based on Florida laws. Second hold your tenants to the fire. We do not accept late rent for starters. Rent is due on the last working day of the month and if it is not in the office by 5 pm on the first we automatically serve a three day notice, no exceptions. Remember if your tenant pays you can always change your mind. Take a full set of photos before your tenant moves in and use a move in condition sheet. Then take a complete set of photos when the tenants move out. We were just in court this week for damages against a tenant who was evicted. Property condition was awful, wish they had smellivision. In any case we got in front of the judge on Thursday (it went to trial) and we ended with a judgment for almost $9,000. As soon as the courts post the judgment our collection folks will be on it. We have been paid for many judgments throughout the years. Don’t be afraid to follow up with the collections on these judgments, it’s your money. For more information on Kathy Kennebrook, Landlording or Finding Motivated Sellers and Marketing for your real estate investing business check out Kathy Kennebrook’s website at www.marketingmagiclady.com. While you are there be sure and sign up for her free monthly newsletter.
Happy Sunday Everyone!! Motivated sellers contacting us today and e-bay has been really busy as well. New direct mail campaigns continue to go out weekly, new lists are really easy to get in January. Folks there are lots of deals out there that your competitors know nothing about and direct mail is the easiest way to find these qualified sellers. Check out my website at www.marketingmagiclady.com for all the tools you need to create long term wealth for your real estate investing business.
Subject line : Additional Bonus – Just announced!
Hi _____ It’s Kathy. I wanted to let you in on a great bonus that I just worked out with my good friend and mentor, Lou Brown. He has over 30 years experience buying, selling and holding real estate and he has an awesome training called Millionaire Jump Start. It’s three days LOADED with GREAT techniques and tactics for TODAY’s market. I did some horse trading and got him to agree to let me add his training as a BONUS when I sell my Marketing Magic system.
Then I thought – Hey, he’s doing one Feb 21-23 in Orlando so why don’t I just give it to my existing customers too? So just go to MillionaireJumpStart.com/kathy and get yourself registered for what I know to be an AWESOME training. It’s a $1,995 value but he’s agreed that I can offer it to you for just a $99 registration fee to cover the special manual with forms and training materials and to reserve your seat. THREE DAYS of Lou Brown (No guest speakers – ONLY Lou) for $99. Man, that’s a deal!!
He got a great Hotel deal too – just $99 per night INCLUDING Breakfast. (reg $199 per night)
Remember just go to MillionaireJumpStart.com/kathy or call his office 1-800-578-8580 Now. He only has a few seats left so grab this great deal now.
To your success,
P. S. I LOVE his Doing Good While Doing Well concept. You’ll love how this absolutely explodes your business!
Here is an incredible Radio interview I did yesterday with Josh Caldwell in Philadelphia. Lot of awesome information on finding more motivated sellers for your Real Estate Investing Business. If you are a real estate investor you don’t want to miss taking a listen to this interview!! http://www.blogtalkradio.com/american-reia/2014/01/14/interview-with-kathy-kennebrook–the-marketing-magic-lady
Kathy Kennebrook’s Marketing Tip # 22- Working with “Bird Dogs” in your Real Estate Investing Business-
So how are we going to find people who will find deals for us? Well first of all, look around you. Friends, relatives and co-workers are good sources of leads for you. They usually live, drive and work in different areas of town than you do and they come in contact with a lot of people that you simply won’t. So they are likely to bring you deals you would never know about otherwise.
You can also ask anyone who does deliveries to be a bird dog for you. For example, mail delivery, Fed-X or UPS delivery people are delivering packages all over your area and can tell you about vacant houses they may see. In fact, you could even give them some of your business cards to stick in the doors of vacant houses they find. Just have them write their first name on the back of the card so you can pay them something if you get a deal from it.
If you have someone who mows your lawn, cleans your home, shovels your driveway, takes care of your pool, does pest control for you, or a handy man who works for you, or a roofer these are all good sources of leads for you. You just need to make sure you pay them either by the lead they bring you or by the deal when you close. You need to negotiate this with them ahead of time, then pay them promptly when you bring you deal so they will be even more willing to work harder for you. My roofer just brought two awesome leads.
I also have a tenant who works for the local cable company, so he is all over our county on a daily basis. He is able to find us lots of leads on vacant houses and people who are getting ready to sell their homes. I also have a contact with a company that has storage units and they will contact me when they know of someone who has a home they need to sell. This is all just a matter of creating relationships with people around you who are likely to be able to scout deals for you. This is a great way to add more leads to your pipeline that you don’t have to directly market to find. For more information on all the marketing you will ever need for your real estate investing business be sure and visit my website at www.marketingmagiclady.com
Marketing Magic Lady