Flipping Your First House Part Three




Investing In Real Estate With Lex Levinrad show

Summary: This is the third podcast episode in the "Flipping Your First House" Series. Please make sure that you listen to the "Flipping Your First House" Parts 1 and 2 podcast episodes BEFORE you listen to this episode (which is part 3). On the previous two podcast episodes I spoke about direct mail and marketing to motivated sellers. I discussed action steps to get started and how to incorporate a direct mail campaign into your real estate marketing. I also spoke about your marketing budget, tracking your performance, call tracking and key performance indicators (KPI's) you should be keeping track of. On this podcast episode I am talking about the types of direct mail that you can mail out to motivated sellers. I break this down into three major categories: 1. White Letters 2. Yellow Letters 3. Postcards I speak about the pros and cons of each method including the mailing costs associated with each method and the results. Direct mail works. Don't let anyone tell you that it doesn't. I can tell you for a fact that the largest house buyers in the country all have massive direct mail campaigns. As a new real estate investor it is important for you to understand that the most important thing for you to do as a new investor is to start taking action steps instead of thinking about taking action steps. Don't get caught in paralysis analysis. Start taking action steps that will create revenue for you in the near or immediate future. Once you start making money, then you can start scaling. Remember the ultimate goal is financial freedom. And in order to have financial freedom you need to be making money (and lots of it). Direct mail is a great action step to take if you are looking to get started in real estate. Here is the link that was mentioned in this podcast: https://www.lexlevinrad.com/yellowletter/ If you are brand new to real estate and want to learn more about how to wholesale real estate and flip houses then please register for the free wholesaling real estate training at this link below: FREE WHOLESALING TRAINING https://www.lexlevinrad.com/webinar FIXING AND FLIPPING TRAINING If you want to learn how to fix and flip houses I have a fix and flip training webinar at this link: https://www.lexlevinrad.com/fixandflipwebinar DON'T FORGET TO SUBSCRIBE TO THIS PODCAST TO BE NOTIFIED OF UPDATES SUBSCRIBE TO MY YOUTUBE CHANNEL http://www.youtube.com/lexlevinrad?sub_confirmation=1 CONNECT WITH ME ONLINE http://www.lexlevinrad.com http://www.facebook.com/lexlevinradrealestate http://www.twitter.com/lexlevinrad http://www.instagram.com/lexlevinrad http://www.linkedin.com/in/lexlevinrad http://www.pinterest.com/lexlevinrad https://plus.google.com/+LexLevinradrealestate DOWNLOAD A FREE COPY OF MY BOOK ON WHOLESALING PROPERTIES For more real estate tips about property investment, investing in real estate, and how to start wholesaling, download a FREE copy of my best selling book "Wholesaling Bank Owned Properties" at https://www.lexlevinrad.com