January 2009
You are browsing the archive for January 2009.
The Investor “Elevator Speech”
When you are trying to pitch potential investors a deal, you have 20 seconds to catch their imagination. In that 20 seconds, you need to address the investors’ “What’s in it for me” mentality. You need to talk to their reasons “why” they need the money. You need an “elevator speech”. Here’s an example: I [...]
Multifamily Deals: Marketing for Money
You’ve created your investment product to sell. But if you can’t market your product effectively, you won’t have any sales and, in this case, you won’t raise any private money. In order to market your product successfully, you must first recognize that your private investors are only interested in themselves. This is where the “What’s [...]
Aha Moment Video: Being on Top of Your Game
[kml_flashembed movie="http://www.apartmentwealthinfo.com/videos/videoaha7B_controller.swf" ?csConfigFile=http://www.apartmentwealthinfo.com/videos/videoaha7B_config.xml"height="355"width="400" fversion="9" base="http://www.apartmentwealthinfo.com/videos/" /] On the importance of knowing the ratios of expenses to income: Quote from Lance Edwards’ Multi-Family Success LIVE Student: “It makes you much more aware when you try to communicate with the brokers. At least you’re on the top of your game.“
Multifamily Deals: Playing Inbounds with the SEC
You need to realize that when you are out raising money you are creating an investment product. Keeping that in mind, there are some rules that you have to adhere to. As you become more successful at closing deals and raising bigger monies, you come closer to limits set by the Securities and Exchange Commission. [...]
My Printer’s Mistake is Your Opportunity…
This is my first time in using postcards to promote our Multifamily Success LIVE event. What do you think? I’m pleased with it except for the fact that the deadline date is wrong. It should have been January 16th. Nevertheless, they are on their way now. And even if you don’t receive one I want you [...]
10 Creative Ways for Getting Your Multifamily Deals Done
When you are trying to figure out how to get your multifamily deals done, there are techniques that you can use to do so. Any one of these techniques can be used individually or in a combination. They can be applied by rehabbers, wholesalers or buy and hold entrepreneurs. 1. First Mortgage: you go to [...]
Aha Moment Video: Takes The Fear Away
[kml_flashembed movie="http://www.apartmentwealthinfo.com/videos/videoaha5B_controller.swf" ?csConfigFile=http://www.apartmentwealthinfo.com/videos/videoaha5B_config.xml"height="355"width="400" fversion="9" base="http://www.apartmentwealthinfo.com/videos/" /] Quote from Lance Edwards’ Multifamily Success LIVE Student Jim Craig: “The closer I get to a solid deal the more money that seems to appear from odd places. People are willing to give you a million dollars, two million dollars. So it takes the fear away.”
VIDEO: No Strain or Brain Overload!
“I came to the Lance Edwards’ course knowing that I could pick up on the knowledge but the mindset was the element of the course that I felt was most important for me and it has not let me down. I feel like I’ve been helped a great deal in the mindset.” “Also the teaching [...]
Important Documents for Multifamily Deals
When putting together your real estate deals, you need to be sure that you know what documents may be necessary to complete the deal. You need to be mindful of these documents when structuring your deal. You need to have your own attorney when it comes time to actually prepare these documents, but here is [...]