Tag - all the leads mastermind

Real Estate Investment Options

There are all kinds of opportunities available for those who are considering real estate investing as a way of growing their income now and in the future. Simultaneously, real estate can be a risky venture for professionals. In the world of real estate investing there are these different manners of investing all of which bear different risks. Here are a few of those opportunities:

Commercial real estate: This can be a good place to begin since it is relatively secure in comparison to other forms of real estate investing. This is because most businesses that lease with you will want a long term lease and do not intend to relocate in the foreseeable future. The main drawback to it is that it often requires a massive investment to begin with. Thus, many real estate investors do not even consider this investment option until they have built a sizable portfolio.

House flipping: This popular form of real estate investing can be a great way to make money very quickly. The main drawback is that this high-risk venture takes equal parts skill and luck.

Residential rental properties: Becoming a landlord can be a great way to work one’s self into a rather comfortable retirement. The drawback is that it may take a while to set up this investment type. However, this long-term type of real estate investment can be rewarding when all is said and done.

Pre-construction real estate: Pre-construction profits are riskier than other kinds of real estate investments mainly because it has become so popular in recent years. The trick with this kind of investment is finding the right property in the right market.

In short, real estate investing is a great way to build great fortunes. However, you must decide where you want to begin your journey into this lucrative field. Remember that once you’ve begun your real estate investment career it is a good idea to utilize more than one type of investment for the sake of diversity. Our Probate Mastery course is designed to help you gain the knowledge you need to increase your value to customers and to help you make better decisions when it comes to exploiting probate listing leads. Our probate lead list is thoroughly scrutinized so that all you need to do is follow up on it. We’ve made it that simple.

How to Create Multiple Streams of Income When Investing in Real Estate

It doesn’t matter what kind of investing you are into, it is always a good idea to create multiple streams of income in order to maximize your profits while at the same time lessening your risks. With real estate there are different types of investing that can help you spread your risks when market conditions are less than ideal. This creates a safety net for you as a real estate professional and investor.

There are two strategies you can use to build your financial portfolio when it comes to creating multiple income streams. The first involves spreading your real estate wealth and investments across several different types of real estate investments. One type is rental property. Here, you can chose to rent to families, students, singles, etc. The second option for bringing in multiple income streams is to flip houses. The important thing is to always keep your eyes open for the next real estate investment. This will help guarantee that your business will profit and it will give you a little added security

Of course, for true diversification you may even wish to delve into a few investments that aren’t related to real estate. While we firmly believe that real estate investing is the way to go for most people, there is much money that can be made in other fields. Franchise businesses, for example, are often great money makers for those who need more immediate results from their investments efforts. So, too are stocks and bonds which also make great long term investments. saving money

The truth is that there are many things you can do to create streams of income and to add to your real estate investments. The important thing to remember is that creating true passive income requires an initial investment of time, effort and money. It also takes quite a bit of knowledge such as the knowledge we can provide you with from our Probate Mastery course and our archival conference calls where experts field questions related to probate issues.

Our probate mastery course covers topics such as how to create value as an expert, how to develop your probate strategy, how to develop your referral network and how to master the probate sales and service process. Of course, all this instruction is only as good as the real estate seller leads you have at your disposal. Our site provides you with vetted real estate leads that can make your business more profitable so that you are able to generate multiple income streams and even create passive income.

5 Common Mistakes an Executor or Administrator can make During Probate

It’s no surprise that people who have recently suffered the loss of a loved one can feel a bit overwhelmed by the events that take are going on around them. And generally, when one is overwhelmed one tends to make mistakes. Thus, it is quite common for executors to make mistakes during the probate process that can affect him/her and you as a probate real estate investor. What follows below is a list of common mistakes that executors make that can be costly if not avoided.

  • Distributing assets too soon: One of an executor’s main jobs is to approve creditor claims and pay creditors as well as to distribute assets to the beneficiaries. However, estates do not always have enough assets to do this is an efficient manner. When this is so, creditor’s claims need to be prioritized so that the requirements of the law are still met.
  • Not taking to time to learn about the probate process: This is where you can add value to your clients. While you cannot litigate for him/her, your knowledge of the probate process will help you and your potential client to arrive at a mutually beneficial outcome.
  • Waiting too long to begin the probate process: By waiting too long to seek out an attorney and respond to the probate process, creditors and heirs may become impatient. Moreover, taxes will begin to build up the longer an executor waits. This can be quite a touchy subject for your client since they will understandably need time to grieve. executor
  • Falling to prepare an accurate inventory of assets: Preparing an accurate inventory of the deceased person’s assets including real estate, jewelry collections, etc., is a necessary part of an executor’s job. Failing to do so could prolong the probate process and lead to legal complications down the road.
  • Marketing real estate too late: Some executors wait too long to market the real estate that is under their charge. Ideally, administrators or executors should try to solicit offers for real estate as quickly as they are legally able to. This is where your expertise can come in handy and where your opportunities arise. Just be sure to approach your potential clients tactfully.

For your potential clients the probate property process is bound to be confusing and bit scary. For you it should be as familiar as the back of your hand as it can be when you take our probate property courses. That and our listing leads will put you well on the way to growing your business.

5 Celebrity Estate Planning Disasters and What You Can Learn

They say that every mistake that a person makes in life presents an opportunity for that person to learn and to grow so that the mistake is not repeated. This goes only for the living. When the mistake involves matters of estate planning and probate, there are no do-overs. The result of poor planning or lack of planning can be disastrous to the living. As a real estate professional, you should be familiar with how estate planning can go wrong. Here are 5 celebrity estate planning disasters and the lessons that the living can learn from them.

  • Howard Hughes: The fight for the Hughes estate went on for years. At the time of his death the billionaire businessman and aviator had an estimated worth of 2.5 billion dollars which would be more than 11 billion dollars in today’s money. Eventually, a fake will did turn up. That will has come to be known as the “The Mormon Will.” It led to lengthy court battles involving the states of Nevada, California, and Texas. Finally, a large part of the disputed money from his estate went to the Howard Hughes Medical Institution with some of it going towards relatives and attorneys. It was not settled until 2010. The lesson to be learned here is that when a will is not made, the result can be litigation that lasts for years.
  • James Marshall Hendrix (Jimi Hendrix): The virtuoso rock guitarist and member of the infamous 27 club – a group of famous musicians who all died at the age of 27 – left no will as his death was unexpected. He did leave behind a long list of relatives who predictably squabbled over his estate for years after his death.
  • Tom Clancy: Eight million dollars is on the line since the late novelist was unclear as to who should pay the taxes on his $82 million estate. Should Clancy’s trust pay his estimated $16 million IRS bill or should his children? The lesson here is that when wills are left they should be clear and unambiguous.
  • documentsPaul Walker: This star of the Fast and Furious movies died unexpectedly at age 40. And even though he did have the forethought to leave a will before he died, he did not update it as one should after major life events such as the birth of a child, marriage, etc. His father has had to open his estate worth $25 million in assets in probate court.
  • Casey Kasem: The legendary voice actor and host of American’s Top 40 radio program, died in 2014 after family members battled for years over his medical care. As proof of how ugly things can get between survivors, his relatives accused Jean Kasem – his wife – of actually murdering him. If this were proven to be true Jean Kasem would be stricken of her inheritance under California’s slayer statute.

Quite frankly, very few of your clients’ relatives will die with billions of dollars in their bank balance. However, that does not mean that the above cases cannot be instructive. As someone who specializes in probate property you should know all aspects of the field and what happens in worst case scenarios. We can give you that information you need and supply you with vetted, real estate seller leads as well to help your business prosper in the New Year. Here’s hoping that 2020 is awesome for your business.

5 Ways to Expand Your Small Business

The late Kasey Casem used to say at the end of his weekly Top 40 broadcast, “Keep your feet on the ground and keep reaching for the stars.” Well, this is advice all small business owners should follow. They should remain rooted in reality while still thinking ahead to possibly growing and expanding their business. How do you do it? Below are 5 effective expansion tips you can use to successfully grow your small business

  • Utilize a customer management system (CMS): If you have multiple customers it can be a bit confusing, not to mention cumbersome, to keep track of them all. This is where a customer management system can come in handy. Programs like QuickBooks can help you with the accounting end of things while cloud-based software like SaleForce can help you with the marketing side of your expanding business.
  • Improve your homepage: A well-designed webpage allows the search engines to find your site easier. Not only that, it also makes it easier for customers to contact you, navigate your site and sign up for your service. Additionally, a page that has effective SEO also places higher in search engine rankings. Thus, you should always be working on your page in order to reap the above benefits.
  • Build an email list: This is essential for any business that wishes to expand. Email lists are vital for keeping in contact with current customers and for seeking out new opportunities as well. Moreover, there are plenty of companies that can help you manage your list as it begins to grow.
  • Partner with others to help with your expansion: As we’ve said in the past, you will need to partner with others in order to grow your business and to be able to serve your customers in ways your competitors are not able to do.
  • Increase your business’s visibility: Although you want to resist the urge to run your business completely through Facebook, you do want to increase your online presence as much as possible in order to let people know you are out there. This is helpful even if you have a brick and mortar location. small business

Perhaps you are working alone with no one to help you outside your network of professionals such as probate attorneys, bankers, etc. Well, you can add us as a part of that network by purchasing our listing leads and by taking our probate courses. These tools will help you as you plan your growth.

5 Tips for Managing Leads and Growing Your Sales in the New Year

A New Year is nearly upon us. This means that if your business was booming last year then you will naturally wish to do everything you can to maintain your pace and improve if possible. On the other hand, if you had a less than record breaking year then it means you have a chance to start all over again. But how do you do this? First, you do so with the knowledge that you will gain from our online instruction. Second, you can do so with our vetted property lead list. Finally, you can grow your business by properly managing those leads. Hopefully, these 5 lead management tips will help you make 2020 your best business year ever.

  • Follow up! Even when you do have list of vetted probate property leads, you will have to keep yourself uppermost in the minds of the people who can use your services. This means contacting and keeping in touch with your leads. It also means sending out automated messages to remind people that you are there for them should they have further questions or need more guidance.
  • Use client relationship management (CRM) software: Client relationship software can help you by streamlining your sales process and by improving your customer interactions. This technology can also help you stay connected with customers and increase your profitability.
  • Contact your leads right away: Contact all your leads within 48 hours of acquiring them if possible. Studies have shown that contacting leads quickly can produce higher closing rates than if a business person waits too long to do so.
  • Learn as much you can about your leads: Start by learning as much as you can about your leads, who they are and what value you can bring them. By nurturing a relationship with them, it will be much easier to convince customers that you can help them in achieving their goals.sales
  • Track your results: Find the best way you can to track the success of your contacts. There are a number of free and paid ways for you to track all kinds of sales related metrics online.

Start the New Year off with this resolution – 2020 will be a better year than 2019 for your business. Then follow this up by purchasing our probate lead list and taking our courses on how to use these leads effectively.

5 Tips for Breaking out of a Sales Slump

Everyone who sales any product or service goes through a slow period. Most of us – even master salespersons – go through periods when we are on fire at certain times to periods when our efforts just don’t seem to be paying off. That’s just the nature of the beast. At times like these, it takes a little self-reflection to figure how to get back on the right track. What can you do at such times? Here are five tips that may help you get out of a sales slump.

  • Don’t give up: Remember that every salesperson goes through down periods. If you experience such a period remember this and forge ahead with your efforts. Resist the temptation to throw your hands up and conclude that all is hopeless. Seldom is this the case.
  • Review your account list: You should do this anyway to see who may have slipped off your radar but during slow times it is even more essential to review your contacts. See if there are people on your list that you have not communicated with in some time and attempt to re-establish a connection.
  • Purchase new leads: If your current client list does not prove to be fruitful, try purchasing and following up on fresh leads. Our real estate leads for sale have been vetted and are ready for you to explore.
  • Take a refresher training course: Everyone needs help from time to time. There is no shame in this fact. At slow times, seek the guidance of people who may be able to give you a new perspective and more information that may help you recharge your batteries. Our courses help by giving you knowledge about the probate process that your clients will find invaluable. We also have archival video conferencing calls that will expand your knowledge.
  • Take a break: If you are due for a holiday – and even if you are not – consider taking a break and clearing your mind. Place yourself into new surroundings and try not to focus on the business for a time. You may come back to it with renewed energy and a fresh perspective.probate

In the end, you are responsible for your slump, and only you can change it. However, like every human being on the planet you may need help from others. Our real estate leads list can help you reverse your fortune and start you out on the road to recovery but only if you are open and willing to take this journey with us.