Step 1- Set your Outcome: How many cash buyers do you want to have and by when. You should at least try the strategy for 30 days straight.
Step 2 - Focus: How much time per day can you put towards only finding cash buyers. Remove all distractions, TV, Email, phone, Facebook etc. Ask yourself, "Is what I'm doing right now getting me closer to my goals?"
Step 3 - Energy : Be willing to do what the average person wont do. I.E. going outside your comfort zone, constant positive attitude, no excuses etc.
Step 4 - Leverage: Other peoples time, reputation , money experience. Get a mentor, get someone to help you, 2-4 people are better than one. Make a competition out of it who can find the most cash buyers.
Step 5 - Commit: Don't quit. Have an accountability partner that reminds you of your goals everyday.
Review your goals and plan twice a day.
In my opinion, the fastest way to build your buyers list is to get on the phone and call people. Avoid online at first. A lot of cash buyers are also too busy working to be searching for people online which makes you a VALUABLE asset to their team once you find them.
Outcome is: 50 Cash Buyers ready to buy properties.
Action Step: Contact 100 Real Estate professionals and get add them to your list. The benefit to them is, if they refer a cash buyer that closes on a property you have under contract they will receive a lead generation fee/present of your choice. Also ask for 3 Referrals to call.
Contacts per day: 14 (with leverage you can get that to 3-5 calls per day or zero)
Process: speak to 10 x each profession per week.
1) Contractors, Tradespeople
2) Real Estate Lawyers
3) Home Depot/ Lowes, hardware employees
4) Insurance Brokers
5) Building Inspectors
7) Hard Money Lenders
8) Real Estate Brokers and Realtors
9) Buyers at Real Estate Auctions
10) Bankers ( Secret Weapon )
After 1 week you should be at your goal of 50 cash buyers/investors.
Ninja Tip: Have a script ready with what you want to say and common questions you get asked.
Stay tuned for my next blog on what to do once you have tons of cash buyers.
P.S. Click here to JOIN OUR VIP BUYERS LIST
The housing market is cyclic in nature. They will always be periods where markets are increasing in value and decreasing in value. The housing market crash in the US created great opportunities that many of us are still capitalizing on today.
Currently, many of the country's hottest housing markets are still 30% or more below the cost to build and up to 70% below the previous all time highs.
Based upon historical housing cycles, we still haven't entered a new boom yet, during which U.S. home prices will correct back to the cost to build and then eventually appreciate in value.
One of the ways Auxo Homes and their partners are capitalizing on this opportunity is to buy cash flowing real estate that returns 10-12% Annually while we wait for the market to correct. The positive cash flow from day 1, eliminates risk as the home will pay for itself in 10 years while it appreciates in value.
To learn more fill out our survey at http://form.auxohomes.com
$450 million and 2400 jobs in the next 5 years!
"The expansion of Engineered Floors is uplifting news for Northwest Georgians, who have persevered through the recent years of economic hardship. Many families will be relieved to hear about the thousands of new job opportunities, and we're all proud to see Dalton and the surrounding area remain the Carpet Capitol of the World. I thank Governor Deal, the General Assembly and the local community for working together on pro-growth policies that keep Georgia business-friendly and allow us to compete nationally and globally," says Graves.
A large number of new businesses are following the lead of fifteen of the country's Fortune 500 companies, and are making Georgia their home state. One of the reasons why is that the government is actively pursuing them by providing incentives for these startups to be in the area.
One example of this is the removal of sales tax on energy usage. This leads to more profitable manufacturing in the state at a time when energy usage is normally penalized.
As a result there have now been twenty consecutive months in which the unemployment rates have dropped across Georgia!
At Auxo Homes, we pride ourselves on having extensive market knowledge. It is a competitive advantage we carry across our industry. Our team is constantly researching markets across the continent to determine where your investment will provide you with the safest, most consistent returns. If you are looking to preserve your wealth while building capital, give us a call. Now is the time to buy, and real estate is an excellent vehicle to help grow your money!
Give us a call at 1 888 535 2869
or CLICK HERE to fill out the partner questionnaire
Click Here To Partner with us!
Warren Buffett appeared live on CNBC's Squawk Box this week. During the interview, he was asked about the current real estate market and whether he felt now was the time to buy. His response was rather emphatic and has been used as a headline in hundreds of articles since the interview:
"If I had a way of buying a couple hundred thousand single-family homes I would load up on them."
However, throughout the interview, he addressed the market from a few angles. Here is what he said:
"It's a way, in effect, to short the dollar because you can take a 30-year mortgage and if it turns out your interest rate's too high, next week you refinance lower. And if it turns out it's too low, the other guy's stuck with it for 30 years. So it's a very attractive asset class now."
Is buying your own home better than investing in stocks right now?
"If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage... It's a terrific deal."
Should we buy multiple houses?
"If I was an investor that was a handy type and I could buy a couple of them at distressed prices and find renters, I think it's a leveraged way of owning a very cheap asset now and I think that's probably as an attractive an investment as you can make now."
Over the last couple of months, there have been more and more financial analysts coming to the same conclusion: It's time to buy real estate.
Auxo Homes is currently buying properties on sale across the county, we only work with a small group of individuals serious about creating long term sustainable wealth through real estate, if you are interested in more information click below to get more information.
Not a week goes by that I don’t get several emails or phone calls from wholesalers who want to know what types of deals I look for, where I like to buy, what kinds of houses I buy, etc. While most of that information can probably be gleaned from reading through this blog, I wanted to take the time to put together a more detailed list of the types of deals I look for, so I can just direct the wholesaler questions here…
If you’re a wholesaler, here is the information you’ll probably need:
Am I Looking For Deals?: Yes! I’m always looking for deals. And even if I weren’t looking for deals, I work with lots of other investors who are always looking for deals. If you have a deal, send it along and if it’s good, either I — or someone I know — will buy it.
Contact Info: If I’ve never worked with you, please don’t call me with deals. It’s not that I don’t want to talk to you, but now that I run 3 seperate companies and travel often, it’s not easy to find a lot of phone time. Once we’ve done a deal or two, you’ll be on my list to answer your calls. Until then, send me emails (including any potential deals) to email@example.com. I read every email I ever get, and will respond (though if it’s not a time sensitive deal, it may take me a bit).
Location: I mostly buy in Fulton , Gwinnet, Dekalb , and Cobb County, Georgia, with most of my properties in neighbourhoods with good schools. I will consider deals outside this area, but the further away from this general vicinity, the better the deal has to be. Please don’t send me any marginal deals that are more than an hour away!
House Characteristics: While I’m sometimes willing to deviate from this list of characteristics (especially for a great deal), these are the types of houses I tend to buy:
Level of Rehab: It doesn’t matter! I’m always happy to do a quick paint-and-carpet job and I also don’t mind houses that have been (or need to be) torn down to the studs. I’m happy to deal with mold, water-proofing issues and/or foundation issues — though keep in mind that my purchase price will certainly take into account the cost of fixing these types of problems.
Price Range: While I’m happy to buy a deal in any price range if I’m confident it will sell and I can make a decent profit, ARV of 120-175k.
Purchase Formula: You don’t have to guess if a deal meets my financial requirements or not. The formula I use to evaluate deals is pretty simple, we buy at 60% LTV.
Auxo Homes is an asset management of the company portfolio of emerging markets. The majority of his investments are made in single family rental properties.
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