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DC Fawcett Virtual Real Estate Investing Club

virtual-real-estate-investing-club-dc-fawcettMany are attracted to real estate business as they have got to know the secrets of becoming wealthy from their friends, relatives, and neighbors. Although it is tedious to find a good buyer, it works out well if you find one.

DC Fawcett suggests many ways like flipping, buying, renovating and reselling the property for gain, purchasing residential and commercial properties & investing in real estate groups.

Read also – what is Flipping?

How to generate real estate investing leads?

Any business depends upon the good marketing strategies. Real estate is not an exception. On the contrary, there are more struggles in this type of business, people make mistakes and fail many times. However, that is not the end of the world. You can rise up, despite your failures by learning from your mistakes and experiences. Following are the guidelines to increase your leads.

  1. Easy Navigation

    Your website should have a clear direction for the viewers which enable them to decide about its prospect.

  2. Newsletter advertising

    This type of advertising enables the viewers to know that the company or the individual does exist who are dealing in real estate or any other product or services.

  3. Effective content

    A good content attracts a lot of audiences in which you can generate leads. Without the great content, lead generation is impossible

  4. Social media

    This is the most important and popular way in generating leads. For better results, it is better if your website and SEO is seen in social media. There will be more possibilities to increase traffic.

  5. Email marketing

    Many marketers use this source to generate traffic and leads. Testing and segmentation determine whether direct mail is right or not. It solely depends on the individuals how they respond.

  6. Traffic generating content

    This is important for getting the viewer’s eyeballs on your website. This increases the audiences, which gets converted into leads. The best ways to generate traffic are:

  7. Blog posts

    This is fundamental for any type of business. As far as real estate is concerned, many look at these blogs to see if they can get the property at a reasonable rate.

  8. Podcasts

    This encourages the visitors to share their experience with the audiences and helps you in increasing the leads.

  9. Social media post

    These posts help you to increase the traffic to your blog.

  10. Videos

    Online videos enable you to drive the traffic to your blog.

  11. Photos

    Photos give the clearest picture of your property to the viewers, audiences and online buyers

  12. E-books

    Just as there are e-books for other products and services, you will find many e-books on real estate investment too.

  13. Socialization

    As a real estate investor, it is important to join real estate clubs and association. This gives you more exposure and experience in this line. If you are new to this business, it gives you the scope to learn from other’s mistakes and experiences.

Conclusion

The above tips are applicable to all businesses.

 

 

 

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House Flipping In Real Estate – By DC Fawcett

dc fawcett Real estateDC  Fawcett Real Estate Tips

Money earned by means of real estate flipping houses drastically changes everyone’s lives. For some, it is their profession and for others, it is a hobby. However, if you are making your career in this endeavor, it is the surest way of earning a steady income. A person can earn without going anywhere near the office or industrial park. Even if a person works for the entire month, their income does not match with real estate income. DC Fawcett warns against the bad investment or money invested in wrong areas which results in huge losses.

Mistakes made when flipping a house

Paying more than actual price

The purpose for doing house flipping business is to make profits. However, when you pay more than the actual price and fail to negotiate, at the time of buying it, the profit reduces when you sell them. To turn it into real profit, one needs to study the real estate market. A lot of research has to be made before buying the property such as comparing at what price your neighbor had brought.

Excess Investment

Another common misstate is investing too much money for personal finances. Even if the property is purchased at the said price, you lose out on your savings. Instead of that if you go for loans, there person need not repay the entire amount in one go.Down payment assistance program.

Incorrect cost estimation

After getting financial assistance, make sure that project lasts long as you would need a good budget to cover for the renovations and little left over for contingencies.

Leaving important upgrades

There is a saying that one should be shrewd with respect to money matters. However, keeping this thing in mind, people tend to go in for cheaper options, though certain upgrades cannot be ignored. The buyers focus on kitchen, bathroom and master suite. At the most, you can reduce the cost on stops on these rooms.

Neighborhood Ignorance

Neighborhood awareness plays a very important role in house flipping. If your house is surrounded with ugly houses & surroundings, flipping becomes difficult.

Getting into the deal without house flipping team – Though, it is possible to do it independently, having a team is even better to guide you when you are new in this line. You can trust

  •    Real estate attorneys
  •    Certified public accountants
  •    General Contractors
  •    Real estate agents
  •    Lenders

Fear due to bad experiences in this endeavor

Many fear to go from house flipping either due to bad experience because of becoming a scam victim or getting nervous at the time of purchase. However, one should overcome the fear and change their mindset.

Poor planning

Though you get innovative things in your mind, you need to chalk out the plan and get ideas about different types of renovations, budget and schedule. Lack of planning postpones the renovation which makes you lose more money.

There are many more mistakes that are being committed which when mentioned becomes a long essay.

 

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