Kathy Kennebrook Continues to Get Profitable Leads From Her Team of Realtors In Her Real Estate Investing Business.

I am excited. I got five awesome leads in here today from one of my Realtors and none of them are listed. They are house and urban commercial leads.

All of them need some kind of rehab and all belong to one very motivated seller! If you need to train your Realtors to bring you awesome deals for your real estate investing business, check out my “Pre-qualifying Your Dream Team Realtor” product on my website at www.marketingmagiclady.com

Pre-Qualifying Your Dream Team Realtor teaches your realtors exactly what you expect from them and how they can help you grow your real estate investing business. This product will help you increase your profits and your leads in a big way, check it out!!

Kathy Kenebrook’s Special Offer on Her Magic Credibility Kit To Do Even More Deals With Sellers AND Find More Private Lenders For Your Real Estate Investing Business!!!

Hey Guys and Gals!! Are you using a Credibility Kit in your business to bring you more deals and more private lenders?? If not, YOU ARE REALLY MISSING OUT on a lot of potential income in your real estate investing business. Check out my page at www.kathyscredibilitykit.com and find out how you can implement this amazing tool in your business AND I have a very very special promo going on right now!!

Why do you need a credibility kit? Your personal Credibility Kit will not only build credibility for you with your sellers, it will give you a serious edge over your competition. Almost none of your competition knows about this incredible tool!

The other important function of a Credibility Kit is to give you the confidence you need to make a good deal with your seller, whether buying Homes, Land or Multifamily Units. It has all the tools you need to get you through the offer making process.

I will also show you how to use your Credibility Kit to locate even more private lenders!! Isn’t that what every business needs, more money to fund more deals?? Let me show you how!

Kathy Kennebrook Discusses The Dream Killers Of Your Real Estate Investing Business

Tip for the day-

I am frequently asked, “If you had it to do over again what would you do differently?” Well, I’d like to answer that question for you. There are several things you can do to help your business grow and several things you can do to kill the dream before it ever has a chance to become a reality. Let’s look at the “FOUR TOP DEADLY MISTAKES” that can literally kill your dream.

1. Listening to people who make less money than you do. There are a lot of people out there who don’t understand the real estate investing business at all, yet they will want to give you advice faster than anyone else. They basically want to keep you where they are, which is broke. Surround yourself with people who can guide you in a positive way and a forward direction. Get involved with your local real estate club or a mentoring program like I provide for my students. Read all you can on the subject of Real Estate Investing and educate yourself to move forward with your business. Don’t let a “naysayer” kill your dream.

2. Lack of Focus. If you’re anything like I was when I first got started in real estate, then you know how to find something else you’d rather do, or something that seems like it’s more important at the moment. I found very quickly that I had to do the work in order to succeed in the real estate investing business. The more of the initial “work” I did, the faster my business grew. What I mean by the work is finding motivated sellers, learning how to structure deals and then figuring out my exit strategy.

The other part of the work was to very quickly find ways to automate these systems, and get someone else doing the work for me so I could deal only with the sellers. This took concentration and the ability to learn to avoid distractions, like the telephone for example. I very quickly learned to return all calls two or three times a day instead of taking every call that came in. I also had to learn how to focus on specific types of real estate deals at the beginning of my business instead of being pulled in all directions and not accomplishing anything at all. You must stay focused in order to become successful in any business you pursue.

3. Getting Beyond the “Get Rich Quick” Mentality- Anyone who thinks this is a “get rich quick” kind of business is in for a rude awakening. It takes time, discipline and ongoing education to be very successful at real estate investing. Isn’t it worth it to take some time now to learn the business and start doing deals that make you thousands of dollars so you can vacation and spend time with your family a little later? There are so many “get rich quick” schemes out there that just simply do not work. Real estate will work for you over and over if you give it the time and discipline it well deserves.

4. Wasting Time With Unmotivated Sellers and Dead Deals- I cover this extensively in my Marketing Magic System. Don’t waste valuable time dealing with people who want to sell a property. Deal only with those who NEED to sell. And don’t waste a lot of time on the phone with them. Automate your system to develop ways to get sellers to give you the information you need to determine if there is a deal to be made before you ever have a conversation with them. If a seller is not motivated enough to accept your offer-be it price or terms, find another seller who is.

Time is money in this business. I would suggest however, that there are times you will want to follow up with a semi-motivated seller and there are great ways to do this without taking up a lot of your time. I also cover this extensively in my Marketing Magic system. Also, don’t waste your time looking at properties before you have made an offer to the seller. I never look at houses anymore without having a very good idea what my seller will accept. I just make the offer “subject to inspection” which gives me an out if the property isn’t what the seller and I agreed to. Usually the deal is made before I ever see a property.

For all the information you need on building your real estate investing business check out my website at www.marketingmagiclady.com While you are there be sure and sign up for my FREE monthly newsletter!!!

An Update From Kathy Kennebrook on Coaching With Her Real Estate Investing Students

I know I haven’t talked about this in awhile but I am really enjoying my Monday and Tuesday night coaching calls with my students.

There are some really exciting deals going on with single family homes, multi-families and vacant land. I am a busy coach!!

Sandra just did a vacant land deal that netted her $14,000 on a quick flip. And she has a couple more in her pipeline.

David got his first lease/option done this week so I am excited for him as well. He is looking at a nice profit, not only at the beginning (they put down 10K) but monthly and at the end. It really doesn’t matter what your market is doing, if you structure your deals correctly AND find the really motivated sellers there are a ton of deals out there to be made.

For more info on what I do and the products I offer, check out my website at www.marketingmagiclady.com or my vacant land information page at www.landgirlusa.com

Do We Still Think AirBNB Is As Profitable As When It Started?

Just an observation, it seems the market has become really saturated with airbnb and the competition has begun in various neighborhoods to see how low they can price them.

We now have seven airbnbs on our street in a high dollar neighborhood which used to be almost 100% residential, and the one directly next door to me was at almost $500 per night just a couple of months ago.

That home, which is really gorgeous is now down to $177 per night for a four bedroom. Some of the others are down in the 160 per night range. None of them are booked like they were even three months ago. Lots of days of empty driveways. You’ll hear no complaint from me. Life has been quieter lately.

My only concern is that at that price in a high end neighborhood they are going to start drawing more undesirable renters. And the constant turn over of folks going in and out of the homes.

One of my students made an acute observation today about these possible motivated sellers and I am working on honing in on these potential sellers of properties they thought were going to make them a fortune.

So for all the information you need on filling your pipeline with all the 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!!!