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Acquisition Strategies Are Completely Different Sports
Most real estate investors are open to many different acquisition strategies for finding, negotiating and financing their deals. Thoughtful Real Estate Entrepreneurs, on the other hand, tend to be more selective, and stick to the acquisition strategies that best fit their talents and gifts. In this episode, Jeff describes why employing different acquisition strategies is like playing completely different sports, and explains how this can hinder an investor’s growth.
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200th Episode! Why I Don’t Think of Tenants as ‘Customers’
As real estate investors and rental property owners, are tenants our customers? Seems like an obvious question with an obvious ‘yes’ answer, but when we look at it from a different perspective we get a different answer. In this special 200th episode of Racking Up Rentals, Jeff explains why he does NOT see tenants as customers, and instead sees them in a different role. This change of perspective reframes entirely how we see the business of building a rental portfolio.
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“I Can Tell You’re My Kind of People”
The holy grail of relationship-based negotiation and Seller Relations is when your Seller says—or even thinks—“I can tell you’re my kind of people.” In this episode, Jeff tells the story of a coaching client’s recent deal, in which the coaching client got the deal as a result of successfully building rapport and leading the Seller to the natural conclusion that the buyer was “their kind of people.”
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Only Buy Deals You’ve Personally Negotiated
Many real estate investors have a mentality of “I don’t care where the deals come from as long as they make sense.” These investors are more than happy to buy properties from wholesalers, through real estate agents, or any other source. But as Thoughtful Real Estate Entrepreneurs, we aren’t interested in buying properties negotiated by other people—at all. In this episode, Jeff explains why TREES are so committed to negotiating their own purchases, and discusses the critical differences between buying “properties” and buying “opportunities.”
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The Myth of “Low Inventory”
Real estate investors in today’s market are finding it difficult to buy properties the traditional way. One of the main difficulties they lament is “low inventory.” But is inventory really low? And is “low inventory” even an issue that should affect them? In this episode, Jeff reframes what inventory is, explains why there’s not really low inventory at all and why higher inventory isn’t necessarily better. Most importantly, Jeff explains how you can continue to grow your portfolio regardless of what the inventory statistics say.
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The INCREDIBLE Growth You Can Experience in Just 5 Years, with Alexandra Haider
As real estate investors, we are growth-oriented creatures. We want to grow our portfolios, wealth and cash flow to achieve financial freedom. But most of us also want to grow as humans as well; fortunately, the two go hand-in-hand. In this episode, Jeff interviews real estate entrepreneur Alexandra Haider, who—in just the first five years of her real estate investing career—has built a portfolio of hundreds of residential units and hundreds of thousands of square feet of commercial real estate. Alexandra shares her story, tips for growing into new and bigger deal types, and growing as a person and entrepreneur along the path.
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“Unreasonable Sellers” and Why I Love Them
We’ve all met them: the off-market Sellers who we chat with and immediately have red flags that they are not reasonable. But what exactly defines “unreasonable”? For more real estate investors, an unreasonable Seller is one who has unrealistic expectations for their property’s value. But for us Thoughtful Real Estate Entrepreneurs, our perspective is different and we define “unreasonable Sellers” differently. In this episode, Jeff explains why those Sellers who most investors would disregard as “unreasonable” actually represent great opportunity for those skilled in the art of Relationship Capital and Seller Relations.
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SFREI #30: Aligning Money with Purpose, With Dill Ward
Share This: SFREI #30: Aligning Money with Purpose, With Dill Ward Episode References DillWard.com About Dill Dill Ward is on a mission to raise the vibration on the planet one interaction at a time. Working as a life-catalyzing Realtor for the past decade she combines her unique perspective as a real estate investor, community builder, […]
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My 11 Personal Affirmations During A Difficult Time
Share This: Join our free Facebook group for real estate professionals: Real Estate in the time of Coronavirus–A Peer Support Group WARNING: Vulnerability ahead. On Saturday, March 14, 2020, I woke up and realized that the coronavirus outbreak was a runaway train, that would certainly and inevitably have a major effect on my business and […]
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Disagree to Agree
Share This: Today, as I was listening to the audio version of the book Killing Sacred Cows, by Garrett Gunderson, I was struck by an idea the author mention in the book. It was such a fresh and different–but obvious–perspective that it kept my philosophical mind occupied for hours, thinking about this basic principle of […]