dwall's blog

Two Sides to Every Deal
The well-rounded real estate investor is the one who has more than one technique in their real estate arsenal, so that as they encounter sellers with varying needs, they have solutions for a variety of circumstances.
In order for us to put together a good deal as a real estate investor, we need sellers who have the two magical qualities:
Motivation--A higher than average desire to sell, often times caused by some kind of pressure or circumstance beyond their control: divorce, transfer, loss of job, medical, run down property, etc.
Flexibility--The capability of accepting an offer that is not standard or traditional.

Turning Cash Buyers into Private Lenders

When I joined the program, I was pleased to see that a great emphasis is placed on finding cash buyers first, then finding properties to match their criteria.
What greater asset could we possibly have in our investing career than a list of people who have money in their pocket, who want to spend it with you, and will tell you exactly what they want to buy. It puts us in the role of personal shoppers, and if we simply match their criteria, then every property we bring them will be a guaranteed sale.

Starting a Real Estate Investors Association (REIA)
There are numerous Real Estate Investor Associations, Groups, Clubs across the U.S. and Canada, and in some other countries. These groups provide education, network, and community for real estate investors. There are a few websites that post contact information for these organizations, including www.creonline.com, www.reiclub.com, and www.meetup.com. If there is a REIA close to you, we encourage you to attend meetings and become involved with the group.
If you do not have a group close to you, and you are interested in forming a group, here are a few basics to get you started.

51 Ways to Find Properties

The average successful real estate investor uses at least a dozen or more methods of finding available properties on pretty much a daily basis. More is definitely better. Here are 51 different ways or places to find properties for your real estate business. Treat your investing like a business, and realize that when you leverage other people to help you, it needs to be rewarding to them as well.

1) Have 1 to 4 Realtors on your team with specific assignments
2) For any of the below list of free classified ads, review ads to find current postings in your local market: www.CraigsList.org
3) www.Kijiji.com
4) www.UPillar.com
5) www.BackPage.com
6) www.WebClassifieds.us
7) www.USFreeAds.com
Cool www.ClassifiedsForFree.com
9) www.PennySaverUSA.com

Title, Ownership, Contracts and Agency Primer

Title, Ownership, Contracts, and Agency
By Dallin Wall
Note: The following information has been prepared for the benefit of private real estate investors and professionals in the real estate industry, including agents, attorneys, etc., as a primer on common strategies and agreements used by investors, and the specific differences in these situations between acting as an agent or as a principal in a transaction. Please feel free to share this document with real estate professionals to assist in defining your role and rights in transactions.

First, Welcome to my Blog! I've been posting on this forum for several months, and have received some very positive feedback on some of the content. Additionally, I have been able to use some of these posts in a coaching/mentoring role. Over the next few weeks, I intend to copy the best content from my forum posts into this blog area so that I can direct people here for specific content. If you like something that you read here, check back regularly for more added content. I'm opening my mind for the things I have gained from other brilliant investors over my 18 plus years of investing, coaching, and training. My desire is to pass along to the next generation of new real estate investors the ways to "earn an asset, and to be an asset to the industry."