Kathy Kennebrook Suggests Purchasing Quality Educational Materials

In recent weeks and months we have been getting many complaints and comments from consumers who have purchased my educational materials (Marketing Magic System)from ads on the internet posted by individuals, ads posted on club web sites selling used courses and folks selling used courses on e-bay. The primary complaint is that these are bad copies or parts of originals which are missing pieces. The worst case lately is someone who is selling course materials for a ridiculously low price and basically what the consumer is receiving is a CD with part of the courses on it.

Not only do we actively prosecute these situations, but you as the consumer should be very wary of purchasing used courses just to save a buck. The old adage “you get what you pay for” definitely comes into play here. Many of these consumers are contacting our offices and expecting us to remedy their situations after purchasing bad courses from some other site. If you purchase a course through our offices or from our web sites which include this one and marketingmagiclady.com, we stand behind our products 100%.

However, if you purchase a bad copy of one of our products from someone who is not a reputable person or vendor, you get what you paid for.

My main point in bringing this up is that if you are a serious investor and you want to grow your business substantially, you are going to have to invest in education. I myself continue to attend seminars and purchase systems and courses that will help my business. Spend the extra money and buy the right stuff from the right person. Not only will you get quality materials, you also receive ongoing support and answers to any questions you may have as you go.

If you come across one of these situations, please contact our offices at 941-792-5390. Also, make sure you know who you are buying from and make sure they are a reputable club or vendor who is authorized to sell my Marketing Magic systems.

Working With Your Spouse or Partner

Having a spouse or a partner involved with you in your real estate business can be a real asset provided you follow some specific guidelines. Having the support of another person in your business is definitely going to be a big help whether or not they are directly involved in the business.

If you have a spouse or a partner who is interested in being involved in the business with you, there are some specific rules I would suggest you follow. The first of those is to formulate a plan as to who is going to do what. The best way to do this is to decide the strong points of each person and let them handle that part of the business. For example, in my personal business, my husband handles the tenants and the contractors since he is “tougher” than I am. I handle everything having to do with paperwork and finances because those are my strong points. Then leave the other person to do their jobs without interfering.

We also take time to have a “meeting of the minds” once a week.This gives us the opportunity to get caught up on what each of us is working on. That way both people know exactly what is going on with the business.

Working together can be a real opportunity for your business to grow. It takes team work and a sense of trust for two people to work together in a business. One person can’t do it all. Define what your jobs are going to be and let your spouse or partner be the best they can be at those jobs they choose.

Be willing to jump in and help when one or the other of you is feeling overwhelmed. But also make sure you leave time for yourselves that is not business related. You can get to a point where everything you do revolves around your business. Make sure you leave yourself time for other activities. This will allow both of you to be the best you can be for each other and for your business! For more information on working as team, visit us at Marketingmagiclady.com

Molding a Marketing Mind Set

When you are getting started in the real estate business, putting a marketing plan in place is going to be one of your first priorities. This will be the main thing that will separate you from your competition.

Don’t be afraid to do what those around you will not. Dare to be different and consistent in your marketing efforts and the results will be amazing. Niche your marketing and become an expert in your market place. Become educated within your market place so you know your property values and your target market.

Next, figure out what your marketing budget is and which marketing strategies will reach the highest number of sellers within your budget. For example, it may be signage, business cards, direct mail, flyers, ads, or a combination of these. You should always have between three and five marketing strategies in place at any given time so you are reaching the largest segment of your market in a variety of ways.

Be aware of the special problems of your market. Are there a lot of layoffs? Are there a lot of folks who are part time residents? Is yours a very high end market with a lot of luxury homes? Discover these special differences and market directly to them. Figure out what it is that everyone before you has done and do it differently. For example, in my market almost no one does direct mail on a consistent basis, so I have made this my personal niche. By doing this, there is virtually no competition for properties whatsoever.

Set specific goals for your business and strive to meet those goals each and every day. By doing this, you are planting seeds of success for today and for your future. For everything you need to know about locating motivated sellers, visit us at marketingmagiclady.com.

Developing Your Dream Team

Developing your team to help you get your business off the ground is one of the most important things you can do for your business. Your dream team is going to consist of the people who can help you get your deals closed and sold quickly.

Your dream team needs to include first and foremost a title agent and/or a real estate attorney. This person is going to help to make sure your deals close quickly with a clear title. A real estate attorney can also help you to solve a lot of problems that can arise during a closing, such as a title gliche, a survey problem, or estate and probate problems, just to name a few.

Some of the other people you need to have on your team include a surveyor, a pest control company (for those states that have termite inspections) private or hard money lenders, and an insurance agent. These are all people you need to have in place to help you get your deals closed quickly.

Your ability to close a deal quickly may make or break a deal for you. There have been many times where I was able to work with a seller instead of another investor because I was able to close within days instead of weeks.

Another reason you want to have your dream team in place is because they will work together for you without you having to be involved in any of the headaches of a closing. It is rare that I am even involved in any of the details until the closing date.

You’ll also want to have your dream team in place to help you to sell quickly. The members of this part of your team may include a realtor, a sales person of your choosing, a mortgage broker to get people qualified for you, and a good rehab crew to get your properties ready for sale. Other members of your team may also include wholesale buyers who will purchase properties from you without you having to do any of the rehab. This is a good way to make money quickly in the real estate business.

Once you Have your dream team in place, you will be able to do more deals more quickly and easily than you ever imagined. For more information on building your dream team, visit us at marketingmagiclady.com.

Unique Strategies to Locate Motivated Sellers

There are several rather unusual ways that I like to use to locate motivated sellers. One of these is to contact auction houses and work with them on purchasing homes. Many times an auction house will be contacted by an heir to sell items remaining in a property to settle an estate or to simply get rid of things remaining in the property after they inherit it. The next item of business to get the property sold as well. You can make a deal with the auction house to contact you when these situations arise. If you offer a fair price and the auction house gets paid a commission, this is a good way to buy houses no one else knows about.

Another unique way to buy houses that no one thinks about is to contact local attorneys in your area who handle estate, probate, family, and business law. Quite often someone will come to them with a probate situation or a divorce situation or a bankruptcy situation that they need handled. Very often, these cases also include the need to sell a property quickly in order to liquidate assets. If you do what you say you are going to do and offer a fair price, these attorneys will continue to send you leads. This is one of the ways that I use in my business to bring in new leads.

Another way to find motivated sellers is to contact mortgage brokers who deal with private lenders. I have personally purchased several foreclosure properties this way. A private lender would just as soon sell a property they have had to foreclose on to you as they would rehab it themselves or sell it conventionally. This is an excellent way for you to get leads coming into your business, especially if you are just getting started. Very often the same private lender who had to foreclose will finance the same property for you if they see that you are going to get it sold and get them paid off.

As a real estate investor, you always want to be finding new ways to locate properties no one else knows about. For all you marketing solutions, visit us at marketingmagiclady.com.