Could It Be True!!!!!!!1

[exec927]

I was wandering,what do you guys think about the competition that we have in Real estate investing?I can see that more and more people are becoming aware of REI and are wanting to get into REI,also since all these infomercials are informing people of this,that it will really be alot of comptition out there.What do yall think would happen if half or almost half of the population started investing in real estate,will there still be alot of oppurtunities out there?Can anybody comment on this...I have been thinking about this for ahwile,not really stressing it,but ust wandering how it would be,and even if it could be......

Thanks and Godbless
Jeff

[Dan Auito]

Jeff that's a great question and not many want to hear the answer, I'll bet!
I was just talking with Jack Miller today who is one big dog mobile home king and he mentioned that there are 1000 members in one Tampa group alone.

Yep we're going to have competition but there are always ways to beat your competition, we could even start a thread entitled "ways to beat the competition" but really.

Remember people are always dying, being born, getting fired, transferred, divorced, going bankrupt, mis-managing assets, and generally making bad choices so as long as you are in the market advertising for your types of deals and can move fast when the grapevine gingles I don't think you'll be able to handle the flood of opportunity that will be coming your way.

I'm not about to roll over and play dead, there is just way to much opportunity out there and I think going to that 1000 member meeting will be on my to do list very soon.

It just appears that everyone is investing in real estate, believe me most people aren't and those stock market investors are at a serious dis-advantage when they play our game as well, odds are they'll loan you the money now since they can't use it wisely in there own game.

Read and apply constantly the proven techniques that are not hype or outdated crap from the hucksters, go to www.realestatecoursereviews.com and look up someone like Kathy Kennebrook this lady and her husband where working class stiffs and by doing what she preaches in her course they are making over $500,000 a year! No hype! she uses marketing to get tons of deals coming her way.

If you get her MARKETING materials and apply them, these methods will no doubt bury you in deals! That's my opinion and I am working that angle myself so, excuse me while I step off my soapbox here and thank you for allowing me to preach! :SM049:

[REIaddicted]

Thanks for the marketing book tip. That is one that I definatly have to pick up and read.

I am also going to say that the front line people can help us stay on top of our game. Again going back to the cable people, utility people, and letter carriers.

There is enough biz out there for everyone. People may get in to it, but a majority don't follow through, so the competition isn't as abudunt as one might think.
Don't get me wrong, there is lots of competition, but many who buy the courses simply don't follow through.

Lisa ( just my 2 cents!)

[exec927]

Hey ,im the type of person that will listen to preaching,if it will benefit me at all.so go ahead and preach on.But anyways ,thanks lisa and Dan,thats pretty insightful,and also it relaxs me a bit.I just need to be on top of my game,to out do my competition,right?
Anymore courses that yall would recommend,that would increase my business,even though im just starting out????

Also,can I ask a personal question.?You guys might not want to answer,but how much do yall make a year,average,dont have to be specific,and what do yall do to make that money...

Thanks
jeff

[Dan Auito]

I do a $100,000 Jeff, not including the appreciation of properties. That's more!

Jeff one word of advice, pick on one or two methods and perfect them, work them and profit from them. Don't jump all over tarnations looking for the next big fix.

You have to focus on what you like, understand and can be good at, then focus, focus, focus on being that expert. Then you exploit and rule your division and other competiton is no longer a factor, you will be to busy taking care of business that you won't have time for anything else.

Kathy's course is good and you may need to review a few before you find your natural niche, once you feel like this is it! What ever IT is, then begin your focus phase and work it for at least six months!

That's my 2 cents. next :thumbsup:

[exec927]

awesome Dan.Well can I also ask,how long you have been a real estate investor?And how come some people make more than others???Theres people making 100,000 then theres people making 500,000 and then 1,000,000?

[exec927]

And is your 100,000 from flipping,retailing,fixing,or is it from rentals,or a mixture of all?
Thanks ,because im trying to get a feel of what I could make,and try and focus on the things that will get me maximum results.

[Dan Auito]

And is your 100,000 from flipping,retailing,fixing,or is it from rentals,or a mixture of all?
Thanks ,because im trying to get a feel of what I could make,and try and focus on the things that will get me maximum results.
Jeff I've been at it for 15 years while being a full time Coast Guard Aviation guy as well, so it has been part time for me in some respects. Over the course of the last 15 years my exploits have gained me two real estate licenses and appraisers certificate and 17 properties.

This was part time, now that I am turning 42 and retiring in three months with 20 years of Coast Guard left behind, I can go full time investor and already have more than enough funds, backers and resources to do more of what I love to do. (Information, contacts, confidence and experience = knowhow, but action is what counts!

My specialties have always been in finding, fixing, selling or renting, I have used various methods L/O, owner financing, conventional lines of credit, assumptions and so forth and will be taking advantage of a whole new set of tools once we get back into Florida (my stomping grounds).

It's an exciting field and the people and opportunities are fantastic! My gains come from a mixture of selling one or two of my own each year, on occasion, using my license to list and sell a few ($21,000) last year using the license, and holding some as rentals that positive cashflow anywhere from $300-$400.00 a month after expenses!

It's good to be able to solve many different problems because that is how you make your money in this biz, no matter how you slice it! :beerchug:

[exec927]

Thats great Dan,

Ok Dan,I have been asking you alot of questions,but its very informative to me,and im sure it is to others.

1.Dan,Can I just ask you why did you not go into full-time investor 15 years ago since you knew that you can make alot of money at it???

2.So you make 100,000 a year doing it part-time,while holding a job,and that is profits just from realestate and not including your coast guard job???

3.And you are going full-time at it this year while retiring from the coast guard job?Am I correct..

Thanks Dan

[Dan Auito]

Thats great Dan,

Ok Dan,I have been asking you alot of questions,but its very informative to me,and im sure it is to others.

1.Dan,Can I just ask you why did you not go into full-time investor 15 years ago since you knew that you can make alot of money at it???

2.So you make 100,000 a year doing it part-time,while holding a job,and that is profits just from realestate and not including your coast guard job???

3.And you are going full-time at it this year while retiring from the coast guard job?Am I correct..

Thanks Dan

I found real estate to be of interest after I had five years with the guard so did both, I liked them both! Five years after finding real estate of REAL interest I then had ten years in the guard, that's the make it or break it point in the military for those retirement benefits, I wasn't willing to give up the free medical, airfare (space A), commissary, monthly retirement check at 42 and a burial plot when I am done having fun on this planet so I stuck it out!

$150,000 annual including CG and real estate interests.

I will definitely be going full tilt once we get back to Florida in July, everything is just waiting to go!

As forest gump would say, life is like a box of chocolates, you never know what your going to get! :wink:

[exec927]

I nderstand.Thats great .Well I pray for you and your business.I hope you do well.As for myself,I have no job,so im trying to network with other investors maybe partner up and stuff.But im going to make this real estate thing work.No matter what.

Thanks
jeff

[OKRICHLAND]

Thanks for the marketing book tip. That is one that I definatly have to pick up and read.

I am also going to say that the front line people can help us stay on top of our game. Again going back to the cable people, utility people, and letter carriers.

There is enough biz out there for everyone. People may get in to it, but a majority don't follow through, so the competition isn't as abudunt as one might think.
Don't get me wrong, there is lots of competition, but many who buy the courses simply don't follow through.

Lisa ( just my 2 cents!)
...And a very comforting two cents Lisa.
Hello fellow investors,
OKRICHLAND here.
I say that with enthusiasm simply because I am not quite as afraid
of the competition as I used to be.
Jeff, I can truly relate to you brother.
Late last summer I quit the contract remodeling business after 25 years
of owning my own company.
I went to my first investor meeting in August.
There was about 25 people.
I have owned a couple of rent properties since 1995 but last summer I
went in to investing full tilt.
I have a house that is fully paid for.
There was my leverage to buy the first house in my new change of life.
Guess what happened then?... You got it... Major marketing campaign
by two huge real estate investment companies.
Within two weeks everywhere you would look these guys were buying up every major billboard in the city.
Imagine whole streets being lined for miles and every big billboard sign has the same advertisement from the same investment company.
Also the television was being flooded with advertisements from the billboard signs competitor.
Were talking $100,000 a month on advertising from each company.
Just my luck.. I find something that I really enjoy and can most likely do very well at and what happens.. I'm squeezed out by the competition
my first week on the job.
As the weeks went on and I saw more and more billboards being bought out by these companies, (We Buy Houses)
I was really beginning to sweat.
Never really giving thought to the fact that I was steadily working on my new properties.
I met up with one of my real estate idols.
Years ago, I used to do remodeling work for this guy.
I was always coming into work hung over and with bloody knuckles.
I remember when I would listen to his conversations as he would discus business over the phone. (This guy owns hundreds of properties and doesn't use banks anymore).
I just knew that I could do the same thing as him, if I could only get my act together and grow a back bone.
Anyway, to make a long story short, when I met up with this guy, we were looking at a property together and I asked him,
"So what do you think about all the billboards being taken over by these investment companies"?
without even flinching his reply was: "just someone doing a whole lot of advertising".
From that day on I have never given it another thought.
I decided that, instead of getting all paranoid, I was going to use there
$100,000 marketing campaigns to my advantage.
So I hopped onto the back of their wave and I have been riding ever since.
I mean really.. Why should I spend $350,000 a year on advertising when
for zero dollars I can eat from the fruits of their labors.
When I have more time I'll tell you how I do it.
In the mean time, get out there, quit fighting against the competition and find your own niche. :SM122:
And for GOD sakes, listen and learn from these boards.
THIS IS BETTER THEN COLLAGE.
OK, I'll tell you...
I've tried scoring the deals on my own and... I've never had one work out for me :SM062: I'm just not a wheeler dealer. :smile: So, I let the other investors make the big deals and then I buy from them. (zero marketing expense).
since last August, I am working on my seventh house and I own them all.
I hope to double that by this coming August.
You can send a private message to me any time and I'll help you with any rehab questions that you might have, If that's what you find yourself getting into.
Until then.. listen to the hundreds of years worth of knowledge on these boards and for heaven sake,
don't take your eyes off of John Michael He's a good one to latch onto. :rockon:

Dave

[exec927]

Hey thanks a bunch OKRICHLAND,Thats touching to hear.Where exactly are you from?//

And also OKRICHLAND,Can you tell us more on how you just ride the big advertisers wave after them?

And also if you can email it to me,

Email: exec927@hotmail.com Im sure alot of people would appreciate the insights..

Thanks,
Jeff

[OKRICHLAND]

Hey thanks a bunch OKRICHLAND,Thats touching to hear.Where exactly are you from?//

And also OKRICHLAND,Can you tell us more on how you just ride the big advertisers wave after them?

And also if you can email it to me,

Email: exec927@hotmail.com Im sure alot of people would appreciate the insights..

Thanks,
Jeff
As you get to know me you will find that once I start writing, it is very difficult to stop (as you just witnessed). :smiley3:
My wife is rolling her eyes and it's getting late.
I will tell you this:
even though I used to feel just like you do now about all the competition,
it is essential to use the competition to your advantage.
Remember: if you want to be an investor then you have to think like one all day long (It's either in your blood or it's not).
Go to the meeting in your area (your local banker might know of one).
Put on a smile from ear to ear and shake hands.
If your somewhat shy that's ok, remember it will all be over in an hour or so
and you'll be going home. Just remember that smile.
Tell them what you are wanting to do, Take names and phone numbers
get all the e-mail addresses that you can fit into a notebook and put them into your address book on your computer. :SM135:
send out mass e-mails when you are ready to buy.
Do the same thing when you are ready to flip a property that you have acquired and
FLY BABY, FLY-Y-Y-Y....... :SM039: :thumbsup:

[Just Information]

Competition in real estate investing can be daunting at times, I have found the best methods of dealing with my competition is to:

Using creative problem solving skills for my customers

Manage my time effetely

Outmatching my competitions solutions by providing honest deals for my customers and by educating my customers about real estate.

By using continued education for my self so that I can better, serve my customer.

By building trust with my customer.

By developing my own leads through court house research, advertising and networking

Providing my customer with more than expected

Just to name a few.

Competition is just a state of mind - Competition simply drives me to out perform them with WIN - WIN solutions for my customers.

[exec927]

John Michael,

I appreciate your comments and along with all the others.You all are great,caring people,all willing to help other people out who need it......

Like our Father in Heaven says,"You reapeth what you soweth"""""
Lets all try and be like Jesus,he is our Saviour,shelter,protector,provider,andcomforter... ....our lifewill be so much better...

May God bless your efforts,your families,and your businesses..................

Jeff