Choosing a Real Estate Investing Strategy
Let's Talk Real Estate Investing with Sharon Vornholt
Release Date: 06/15/2023
Do Probate Properties Need Court Approval to Be Sold?
Let's Talk Real Estate Investing with Sharon Vornholt
Today we’re going to talk about whether probate properties need court approval to be sold, and how to handle the current problem tenant residing in the property. This question was from a person new to probate who was both an agent and an investor. She was trying to help the seller who inherited the property but was stumped by how to proceed with this unusual and very sticky situation. Here’s the situation in a nutshell: The seller inherited a property with a non-paying tenant who also happened to be a relative. To make things even worse, the tenant refused to let the new owner into...
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10X Your Wholesaling Business with Dan Toback
Let's Talk Real Estate Investing with Sharon Vornholt
I have a great show for you today. My guest is Dan Toback and you’re going to get some tips on how to 10x your wholesaling business. These are the same things he uses in his own business. Now if you aren’t a wholesaler, this show is still for you. Dan is an expert when it comes to talking to sellers in a way that builds trust and rapport, he has a rock-solid follow-up process, and he’ll go deep into some of the systems and processes he uses in his own successful real estate investing business. [00:00 - 11:14] - Building Your Local Brand and Reputation Represent yourself as a...
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How to Set Your Business Up for Success in the New Year
Let's Talk Real Estate Investing with Sharon Vornholt
Today I have some easy-to-implement tips on how to set your business up for success in the new year. We have a little less than 8 weeks left in this year which is plenty of time to complete some of those unfinished goals. Each new year is an exciting time for a fresh start. Here are 6 tips to help you finish the year strong. [00:00 - 02:47] - Do a “Look Back” on the Year Look back at the goals you set 12 months ago and evaluate your progress Consider letting go of things that are no longer serving your business [02:48 - 04:15] - Plan the Rest of the Year and Put it on a...
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How to Invest in Real Estate Using None of Your Own Money
Let's Talk Real Estate Investing with Sharon Vornholt
Today you’re going to learn how to invest in real estate using none of your own money and no JV partners. My guests are Mel and Dave Dupis, creative funding experts who have a mix of all types of commercial and residential properties. We will also dive into scaling your business, exit strategies, mindset and so much more. [00:00 - 06:54] - Mel and Dave's Intro to Real Estate Started out working multiple jobs and buying properties traditionally Discovered they couldn't grow quickly enough saving for down payments Interviewed successful real estate investors and created a plan [06:55...
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Probate Investing for Agents and Investor/Agents
Let's Talk Real Estate Investing with Sharon Vornholt
Today’s show is specifically for brokers, Realtors, and investor/agents. I want to show you how you can tap into an endless stream of motivated seller leads with probate properties. You will learn exactly how this once-in-a-lifetime event known as the “Silver Tsunami” will allow you to do this consistently over the next two decades. Probates have always been my number one source of leads. These leads are hidden gems. You will also learn how easy it is for you to become known as a probate expert in your area so that you can better serve your clients. There is a link below to...
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Digital Marketing Strategies for Real Estate Investors
Let's Talk Real Estate Investing with Sharon Vornholt
Digital marketing is a hard topic for a lot of real estate investors to understand much less implement. My guest today is digital marketing expert, Bob McIntosh. Bob is going to break it down for us today including how much you need to spend to get results. What’s the minimum you can get started with, and how long will it take to get “traction”? [00:00 - 07:20] - Leveraging the Web for Lead Generation 40% of Bob's deals from internet marketing, especially SEO Most investors don't focus enough on online presence SEO has long runway - takes 6-12 months to see results ...
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Getting the Best Results from Your Probate Direct Mail Campaigns
Let's Talk Real Estate Investing with Sharon Vornholt
Getting the best results from your probate direct mail campaigns is important. I’m often asked if there is a way to maximize those marketing dollars spent each month, and the answer is yes there is. It all begins with creating a memorable experience at each and every interaction with these sellers. You need to find genuine ways to make the sellers’ lives easier during this process. It also involves following a proven process for probate direct mail marketing, and that’s what we’ll be talking about today. [00:01:29 - 00:05:45] - Creating a Memorable First Impression Goal is to...
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Secrets of Successful Female Investors with Jasmine Calio - Episode #437
Let's Talk Real Estate Investing with Sharon Vornholt
Have you ever wondered if there are secrets to success? I firmly believe that success leaves clues. My guest today is Jasmine Calio, and we are going to dive into what I believe are the secrets of successful female investors. There are certain traits and behaviors that come naturally for women and for this reason, it makes them a natural at real estate investing. I want to point out that many of these same things are also present in our successful male counterparts. Have a listen and let me know what you think. [01:39 - 04:38] - How a Chance Meeting Sparked Jasmine’s Investing Journey...
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Build a Wholesaling Business on a Shoestring Budget with Nathan Payne
Let's Talk Real Estate Investing with Sharon Vornholt
If you think it's impossible to build a wholesaling business on a shoestring, you'll want to listen to this show today. Nathan Payne will show you how he did it with little to no money and then grew that business through effective marketing. He'll do a deep dive into all the marketing channels he's tried and tell you what worked for him in today's market. [00:00 - 07:37] From Door Knocking to Wholesaling: Finding Success in Real Estate Investing Nathan Payne is a real estate investor, mentor, and wholesaler with cash buyers in every state He and his wife quit their jobs and started a...
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What Happens to Rental Property During Probate?
Let's Talk Real Estate Investing with Sharon Vornholt
I am often asked what happens to rental property during probate. Specifically, what happens to the rental income during the probate process? In today's show, I'm going to answer these questions as well as some other common questions that pertain to rental properties that are part of an estate, such as, "What happens when the tenant stops paying rent but won't move out"? Learn the ins and outs of how to handle common tenant problems during the probate process. [00:00 - 06:54] What to Do When Rental Income Can't Cover Expenses During Probate The probate process involves a...
info_outlineConfused about choosing a real estate investing strategy? Today I have a reader question from someone that is trying to decide on an investing strategy. She thought that she needed to just “choose one.” Today I'm going over the pros and cons of the top 3 real estate investing strategies as well as why most investors have more than one strategy or skill set when it comes to their real estate investing business. It's definitely smart to have multiple exit strategies.
[00:00 - 04:18] Opening Segment
• Understand the strategies and learn about them
- Become a master of one, but understand the rest
• The importance of knowing your numbers when buying property
[04:19 - 07:44] Maximize Your Profits and Minimize Your Risk with Multiple Exit Strategies
• How you can mix up strategies such as wholesaling, hold investing, and fixing and flipping
• Have a fund of extra cash to minimize risk in case something goes wrong
• Know your market, median sales price, and how to make money on the property the day you buy it
[07:45 - 09:28] Closing Segment
• Have multiple exit strategies in case the original plan doesn't work out
Resources Mentioned:
Get Your Freebies at the Louisville Gal’s Real Estate Blog
Key Quote:
"You need to have a clear understanding of your market today. You need to know how you'll make money on the property the day you buy it, and it's a good idea to have multiple exit strategies." - Sharon Vornholt
WANT TO LEARN MORE?
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Or you can send me an email at [email protected]
Be sure to check out the Louisville Gals Real Estate Blog and my course Probate Investing Simplified.
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