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Dave Lindahl says how can we get rich in real estate investi

How can we get rich in real estate investing says. by dave lindahl./nDave lindhal says that four important differences between an amateur real estate investor and a real professional.And these four can mean the difference between selling a property at a loss to rid yourself of it and making very healthy returns.Amazingly you don't have to be a marketing genius to fill a property with a good tenant but you do need to do these things:/nConstant Presence./ndave lindahl say you advertise your property for a week in the local paper. Towards the very end of the week you line up a tenant for your property and set a date two days later to sign the lease and pick up some cash as a deposit to hold the property.You are excited and to save a couple of hundred dollars you stop advertising in the classifieds for the next week.The meeting day rolls around and of course - it happens./nOne of you has a kid that is sick, or a dog that needs surgery, or a car that isn't behaving and you need to reschedule./ndave lindahl says that then for no reason whatsoever when you try to meet up on the agreed upon rescheduled day the possible tenant vanishes. Calls aren't returned, their voice mail box is full and their girlfriend, who you called because you were smart enough to get a back up contact number, has no idea who you are.Frustration settles in.You begin to wonder if you can ever get rich in real estate investing./nYou have no more tenant leads because you stopped your advertising. To save a few hundred bucks you pulled your advertising and all the momentum you were building is lost./nThe other possible tenants have vanished and you need to start all over again./nYou then resort to questioning human nature. A popular question asked at this time by beginners is "Why do these tenants lie? They said they wanted the house, why don't people do what they say they'll do? What's wrong with people these days?"/nNothing is wrong with people. People have behaved this way for hundreds of years and w

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Dave Lindahl says how can we get rich in real estate investi

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  1. How can we get rich in real estate investing says by davelindahl.

  2. Introduction • Dave lindhal says that four important differences between an amateur real estate investor and a real professional. • And these four can mean the difference between selling a property at a loss to rid yourself of it and making very healthy returns. • Amazingly you don't have to be a marketing genius to fill a property with a good tenant but you do need to do these things:

  3. Real Estate Investing

  4. Constant Presence. • davelindahl say you advertise your property for a week in the local paper. • Towards the very end of the week you line up a tenant for your property and set a date two days later to sign the lease and pick up some cash as a deposit to hold the property. • You are excited and to save a couple of hundred dollars you stop advertising in the classifieds for the next week.The meeting day rolls around and of course - it happens. • One of you has a kid that is sick, or a dog that needs surgery, or a car that isn't behaving and you need to reschedule.

  5. davelindahl says that then for no reason whatsoever when you try to meet up on the agreed upon rescheduled day the possible tenant vanishes. • Calls aren't returned, their voice mail box is full and their girlfriend, who you called because you were smart enough to get a back up contact number, has no idea who you are.Frustration settles in. • You begin to wonder if you can ever get rich in real estate investing.

  6. Nothing is wrong with people. • People have behaved this way for hundreds of years and will continue to do so. • The problem is you, not them.It's your lack of sales experience and knowledge that is the problem (a huge topic for another time). • You focus on the negative and it's a downward spiral from there.We've seen this happen to amateurs over and over.

  7. And it ends up being so scary at this point some people just break down and decide they can't get rich in real estate investing and leave the game all together. • Bad idea, but to each their own.Now the professional does the opposite. • The professional investor keeps advertising until the lease is signed and there is cash in their pocket. And not just on free websites like Kijiji or craigslist . • They'll actually spend the money to keep a well written classified ad in the papers and on that paper's website.

  8. But the pros don't not focus on that. Instead they focus on having 3 or more possible backup tenants in the wings.They continue to show the property to other possible tenants until the lease is signed. • They attempt to sign the lease on the very same day that someone shows interest. • If that person doesn't have the full deposit on hand they accept whatever it is they have in their pocket. • They know that when someone coughs up even a partial deposit they are emotionally tied to the property. • They leverage their other possible tenants to create a competitive situation.The professional understands momentum is key and works hard to create and maintain it.

  9. To get rich in real estate investing you must never stop advertising until everything is signed, sealed and delivered.Never.A Good Yard Sign right on the, surprise, front lawn. • Now one may seem obvious but we've seen amateurs screw this up.It's amazing to me that someone will buy a property for a few hundred thousand dollars and then invest zero or next to zero on a good yard sign.

  10. Or buy one but let it sit in the trunk of their car (I can only assume there is a pool of possible tenants in their trunk and that's why it's there). • If you are going to get rich in real estate investing you must put in a yard sign.We have found that a HUGE percentage of tenants for student rentals, regular single family home rentals and lease option rentals come from the immediate surrounding area.

  11. up financing, set up a partnership with a family member and bought the house. • Massive Action : • this is a biggie.So many people of been handed things to them their entire lives that when something doesn't go according to plan they break down. • They freeze.Deer in the head lights syndrome.Here's what I mean.If an amateur investor doesn't get their property rented out quickly they will start blaming the people that came through the house. • These are the following steps saye by davelindahl.

  12. Resource: • DAVE LINDAHL , DAVE LINDAHL SCAM, DAVID LINDAHL,DAVID LINDAHL SCAM.

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