What's new

Search results

  1. Sauce

    Progress Thread: My Journey with Facebook and Google Ads

    REAL ESTATE 
    Also, thinking about branding, I have 2 domains. The first is davebuys. This seems more personal and easier to remember, but not very location (NM) specific. The other is nmhousebuyers. More specific, has location in title, but feels generic (Will this help with SEO?). Also, my competitors...
  2. Sauce

    Progress Thread: My Journey with Facebook and Google Ads

    REAL ESTATE 
    I am just getting back from the summit and I am motivated to do some non-traditional marketing tactics. I am currently a flipper, wholesaler, and landlord. Deals are getting harder to come by and I am considering doing some facebook and google ads. This thread is going to follow my progress...
  3. Sauce

    2016 Fastlane Summit, Official Event Thread

    MEETUPS 
    Are we doing dinner tonight? Just getting in....
  4. Sauce

    2016 Fastlane Summit, Official Event Thread

    MEETUPS 
    @MJ DeMarco I will take a book. Thanks for being willing to put in a little extra effort for your tribe.
  5. Sauce

    Capital for wholesaling?

    REAL ESTATE 
    I am a firm believer that if you are doing the same things every one else is doing, you are going to get mediocre results. One alternative method I utilize is JVing with other wholesalers. For example, there was another investor who was doing marketing. He had a deal on his hands, but he...
  6. Sauce

    2016 Fastlane Summit (Room Shares, Ticket Exchanges, Etc.)

    MEETUPS 
    I have a room with an extra queen bed. I am a family guy, but the wife isn't going to make it. If any one is interested in sharing a room, let me know. Pros: Clean I can sleep through anything Cons: I snore
  7. Sauce

    How to start a REIA Meetup

    REAL ESTATE 
    We had our first meeting last night. We had 30 people show up. My first priority for the meeting is to add value to peoples lives. I have no hidden agenda in the meeting, I don't sell anything, I just want to help create a better community. The ABQREIA has 3 main objectives: Educate...
  8. Sauce

    Broker vs Agent Question

    REAL ESTATE 
    In NM, you have to be an associate broker for 2 years before opening your own brokerage. However, there are some qualifying brokers that will let you use their license for a price. Other than having the correct licensing, what other value is the other partner bringing to the table? And...
  9. Sauce

    How to start a REIA Meetup

    REAL ESTATE 
    I got a website up and going, can you critique this site? http://www.abqreia.com/
  10. Sauce

    How to start a REIA Meetup

    REAL ESTATE 
    The local REIA is folding due to the founder and president quitting. This may not be such a bad thing. The club president spoke at most of the meetings (he was boring) and they let in a few members that were always pushing their "mentoring" program. The mentors would even come from out of...
  11. Sauce

    Educational Real Estate Episodes

    REAL ESTATE 
    Funny you should mention Andy, I have bought several deals from him. He knows his stuff!
  12. Sauce

    Crazy Cap Rates

    REAL ESTATE 
    Does anybody follow Sam Zell? Looks like he is unloading some of his portfolio. Not sure if he is saving up money for the next down turn or just unloading when people are paying silly prices for CRE. Below is an interesting read...
  13. Sauce

    Crazy Cap Rates

    REAL ESTATE 
    Very insightful post, and you verbalized what I see with some of my friends. The game changer for millenials I think is when they have kids. At that point, for most of them the opportunity to travel decreases dramatically and most people will want the safety and security of having a home base...
  14. Sauce

    Crazy Cap Rates

    REAL ESTATE 
    What are your thoughts on SFH rentals? The "research" out there says that millenials don't want to be homeowners. They are weighed down by debt, and also want the freedom and mobility that comes with renting. I think in the short term that may be true, but in the long term, as the millenials...
  15. Sauce

    Crazy Cap Rates

    REAL ESTATE 
    Thanks Steve, that is an interesting concept. I think the key here is to make sure the person you are lending to has skin in the game. A lot of the guys I work with will lend up to 100% and some of it is non-recourse. That in my opinion is just pure insanity. My plan is to move away from the...
  16. Sauce

    Crazy Cap Rates

    REAL ESTATE 
    @SteveO I am not sure if you remember, but we met in Scottsdale for lunch before last year's meet up. I appreciated your time and insight. What CAP rates are A, B and C apartment buildings going for in Phoenix/Scottsdale now a days? Where is the smart money going to be going?
  17. Sauce

    Crazy Cap Rates

    REAL ESTATE 
    I have a business mentor and friend that I am constantly debating the topic of today's cap rates. Today, he sent the following listing over to me with the title "Beverly Hills Trophy 6 Unit Property, Crazy High Cap Rate". I attached the listing below. http://www.crelisting.net/FhG2x7h3w This...
  18. Sauce

    So you want a mentor?

    MINDSET 
    @Envision great post! I used to approach conversations with mentors, investors, or business associates with a "whats in it for me" attitude. However, I have recently started shifting in to a what can I do for you attitude instead and it has boosted my business tremendously. I am in Real...
  19. Sauce

    I closed on a duplex I bought at auction for $9,000 today.

    REAL ESTATE 
    I am going to have to disagree with this advice about not letting them know you are the owner (the entity comment I 100% agree with). If you are not a confrontational person or have problems setting boundaries, then you should strongly consider out sourcing your property management. For my...
  20. Sauce

    The 2016 Fastlane Summit (Tickets, Dates, Etc.)

    MEETUPS 
    Last years event was a game changer for me and my business. I submitted a proposal tonight and I hope I can add some value to the summit. This year we are on track to complete 7 flips and increase our rental portfolio to 7 doors. My focus over the past year has been on making my professional...
Back
Top Bottom