land parcel

Today’s REI Classroom Lesson Mark Podolsky discusses ways to close on a land deal that’s less than $5,000. Instead of closing at a title company, he shares lower cost ways since it’s an inexpensive deal. REI Classroom Summary Mark Podolsky elaborates on his 3 ways that he closes on inexpensive land parcels, including mobile notaries.…

rental properties

Today’s REI Classroom Lesson Lex Levinrad explains how to calculate your positive cash flow on rental properties and how important it is to treat it as a business. REI Classroom Summary Listen in for a great tip to calculate if your rental property is a good deal or not, by comparing the cost of rent…

business capital

Today’s REI Classroom Lesson Leo Clark talks to us today about the benefits of community banks and credit unions when you’re a small business owner. REI Classroom Summary Learn more about how having a line of credit for business needs such as operating costs, marketing, rehabs, overhead cost, and more can help give you quick…

utilizing ebay

Today’s REI Classroom Lesson Today in the classroom, Larry Goins instructs us about how he goes to eBay and Craigslist to search and list real estate investment deals. REI Classroom Summary Larry Goins lets us in on what keywords he searches for and a little about how he lists his properties. Listen to this REI…

renters

Today’s REI Classroom Lesson Different neighborhoods appeal to different demographics, as Kevin Ortner shares. Knowing who your demographic is for a rental property can help you determine what renovations need to be done and how to market the property effectively. REI Classroom Summary If a property is by good schools and parks, the demographic could…

virtual assistants

Today’s REI Classroom Lesson Virtual assistants can be a tremendous help to all real estate investors. Jon Iannotti shares how he’s had some of his virtual assistants for over 10 years. REI Classroom Summary With a bit of training, virtual assistants are perfect for helping the business run smoothly. From administrative work to calling leads,…

blind offer

Today’s REI Classroom Lesson John Martinez elaborates on why it’s not such a good idea to send blind offers to motivated or non-motivated sellers. It’s important to remember that your offer is your leverage. REI Classroom Summary Conversation is needed in order to find out their reason for selling and by providing a blind offer,…

maximum profit

Today’s REI Classroom Lesson Joe Lieber explains important rules to have as a landlord that you should be firm on so that your profit is maximized and you aren’t taken advantage on. REI Classroom Summary By having policies in place for showings, payments, evictions, and more can help you keep a structured business that is…

dream team

Today’s REI Classroom Lesson Joe Calloway explains the process he went through in hiring his dream team. It all depends on your business needs so you know who to hire first. REI Classroom Summary For rehabbers, a general contractor might be the first person you hire, just as Joe did. For others, it might be…

direct mail

Today’s REI Classroom Lesson In the classroom today, Jim Ingersoll remarks on the importance of targeting your marketing to specific buyers, depending on what type of home you’re looking for (Fix and Flip, Wholesale, Rentals, Etc.). REI Classroom Summary After determining what type of buyer you want to go after, there are ways to target…