Sometimes you’ll put a mailer out and you’ll get so many responses back that you can pick and choose which ones you want to work. When that happens it makes things really easy and it kinda spoils you for the deals that may need you to do some work. I’m talking about the ones that need quiet titles, they need probate, there’s no will, etc. etc. Those are the deals we’re talking about today. The ones that need you to put in the extra step or come up with a solution to a problem or think outside the box. Those deals are the ones that may take a little longer to get done but in the end you could stand to make a killer return on them.

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You ever get a seller that tells you their land is worth $100,000 and then you look at comps and see that everything “like-kind” is selling for $10,000? How about a Wholesaler that tells you they’re giving you a steal of a deal and that you’ll double your money on cash, triple it on terms! Then you look at the comps and their “wholesale” price is actually already at market. Atleast it comes with pictures and Due Diligence right? Those are the kind of things we’re talking about today. You see it all the time, you might even be guilty of it. Sometimes we even lie to ourselves about what we’ve got but that ends today! Data can be your best friend in the business because it’s centered around facts and listening to the facts will save you a ton of heartache down the road. I promise! You can trust us on this because the data will tell you that we know what we’re talking about!

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It’s no secret that partnerships can be both good and bad. You’ll have some to help out with the workload, you’ll have someone to work through ideas with, someone to share the cost with, etc.. etc.. Those can also turn into the bad things though. One partner starts feeling like they’re doing all of the work, you both have different visions of the future, one person is bad with money, etc.. etc.. Lately we’ve even spoken with a few people that took on partners expecting to 10x their business and in reality nothing happened except the fact that they now have to split there pay. Effectively cutting their own pay in half which nobody would be happy about. So today’s show is about how to work with a partner, if it’s a good idea for you and ways to make it work. If you’ve got a good working relationship feel free to add in what works for y’all!

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Along with the recent passing of Basketball legend Kobe Bryant came all sorts of quotes that he had through out the years. One in particular stood out that we feel almost all entrepreneurs could resonate with and we wanted to take some time and talk about it today. Often times as business owners we set lofty goals for ourselves and then focus in on that goal until we accomplish it while simultaneously over look all the great things that are happening either to us or around us while we are knocking these goals out. So join us today as we take some time and talk about how business and life for that matter are really just about the journey and not the destination.

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Every now and then someone will come to us because they’re having trouble selling a property and they want us to help them out. When they do that the first thing we always want to know is what they’ve been doing to get it sold. Nine times out of ten the answer is next to nothing. We’re not gonna lie to you, that’s when we get a little annoyed. The problem is staring you right in the face, you’re not doing everything you can to get the property sold. We get it, it’s not always fun to do some of the things that need to be done. That doesn’t matter though because you can farm those things out or suck it up and get it done. You need to be hustling like there’s no tomorrow and that your families future is on the line. So join us today as we have a little chat about this and then get to freakin work!

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Such a simple concept right? Yet, it often gets over looked and it can seriously save your business a ton of headaches. Contracts, emails, photos, videos, etc.. Create your folders, get an external hard drive, do whatever you need to do but save yourself some headaches and get used to saving. We learned this early in our careers and it’s saved our butt’s more than once. You need that photo from that one desert property you bought years ago? Boom. There it is, stored neatly away. You have a problem with a client over what was said? Boom. You can put an end to that right now by pulling up the email. This is business and you need to be able to locate and recall things at any given moment so as the saying goes, “save early, save often”.

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We’ve come to a monumental time in our lives people. A time we never thought would’ve been possible. A time that we’ve talked about multiple times before. That’s right people, we’re talking about a Realtor successfully winning over Adam’s heart! How’d it happen? What has this Realtor done that was so impressive that he’s willing to reconsider his stance? You’ll have to listen to see but the important lesson here is that if Adam can let go and turn over the sales part to someone, so can you. Go after the bigger properties, free up your time with sales, manage your sales person rather than chase leads and enjoy the rewards.

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You ever feel like you’re on top of the world? Life is going well.. Your Business is making money.. Your happy, healthy and full of life.. Then something happens and there’s a set back. Maybe your sales slow way down. Maybe something happens in your life. Maybe something drastic happens like the economy tanks. Whatever it is, how you come back from that is what we’re talking about today. We’re calling it the Bounce Back and it could be the most important thing you do in your Land Flipping Career. Are you gonna crawl into a hole and give up or are you gonna dust yourself off and try again.

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We’re not exactly sure when the first person made a low offer on a piece of property but there’s a pretty good chance that person got told off! It shouldn’t be a surprise at this point that you too will get to join in on the fun of being told you’re crazy or you’ve lost you’re mind or have someone get so creative with their words that I can’t even type them here. It’s not fun but it is part of the business. There’s only so much you can take of that before you either give someone a taste of their own medicine or you just shut down and that’s what we’re talking about today. How do you respond? What’s you’re reaction to the verbal bashing you receive? Join us today as we talk it out and hopefully give you some insight!

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Cash Flow on land is one of the greatest things about this niche. The down payment can cover your entire purchase price. There’s no clogged toilets, no broken a/c, no leaky roofs. It’s just pure, straight cash flow. It get’s even better though because you can automate the payments making it even easier. All you’ve gotta do is sit back and monitor your portfolio. The problem, if you want to call it that, is that some buyers don’t want to do automatic payments, they’re old school and they want to send you a check every month. Do you let them? Do you force them to use your ACH system? There’s a debate going on about this so we thought we’d give our two cents. Join us today to see what we think.

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