The R.E.I. Diamonds Show
The Real Estate Investing Podcast for Experienced Investors
R.E.I. Jewels of Wisdom
High Volume House Flipping & Commercial Real Estate
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Jewels of Wisdom Newsletter – sorry I’m late
Today’s Featured Deal is a VERY BIG deal Big Buck ranch, 118 acres, give or take, waterfront property not too far from where I’m staying. Here’s a bit of history. We are here in the Methow Valley celebrating the life of my wife’s grandfather, Del, who recently passed. Del was a family man, a medical doctor, and a rancher. Over the years I’ve heard larger than life stories about Del, the ranch, the cattle operation (the heard once exceeding 500 head). And of course, the hunts. Here at Sun Mountain, these two are in the great room just past the main lobby. They used to hang at Big Buck until Del donated them to the lodge here as they were
Jewels of Wisdom Newsletter – How to Win this Week
How to Win this Coming Week – The Question When you’re done reading this email, sit straight up in a chair, close your eyes and focus on your breathing for a minimum of 60 seconds as you think on the answer. The correct answer will result in a deal. Many other answers will increase your chance at other deals. The question: What follow up action can I take this week to create momentum on a deal was I working on that somehow slipped my mind? That silent 60 seconds is key. Don’t miss that part. If you go past 60 seconds of silence, that’s even better. THIS is the act of thinking deeply. (BTW-this technique was gleaned from Thomas Edison.)
Jewels of Wisdom Newsletter – How to Close a Deal with “Mr. Hate”
Most deals closed in “follow up” are low hanging fruit – This is NOT Follow Up… Many people believe they are following up by keeping close touch with those buyers & sellers who are engaged, answering the phone, and giving signals all along the way that they are interested. The truth is, this is NOT follow up, this is simply closing your easy, front end, low hanging fruit deals that anyone with moderate skill will get done. True Master Deal Makers follow up with the knowledge illustrated in Scroll VI found below: (revelation I mentioned above.) “No longer will I judge a man on one meeting; no longer will I fail to call again tomorrow on he who meets me
Jewels of Wisdom Newsletter – Is your cash currently earning 12%?
How to Earn 12% on Your Cash Here at Diamond Equity we buy, fix & sell a high volume of deals across the U.S. Many are funded by my multiple $10M lines of credit, our own cash, and also by investors like you who read my emails. Here’s How it Works: You loan the full amount needed for us to buy & renovate the house. You get 1st position mortgage securing your money against the property. You earn 2 points origination & 10% annual interest for the duration of time we have the money working. This results in 12% return for the year if we had your cash for the entire year. Many deals run just 4-6 months, so your
Jewels of Wisdom Newsletter – Sit Still and be quiet
Sit Still & Be Quiet – A most effective Deal Making Strategy One of my daily strategies for successful deal making is to simply close my eyes in the morning, be quiet, & sit still. You probably know this as meditation. For the past 15 years, I’ve had a nearly daily habit of meditating each morning for anywhere from 3-30 mins. The time isn’t important to me anymore. 3 mins is just as good as 22 mins. (I used to set a timer for 20 mins and try to make it to the end. That actually was a bit stressful) On days where I remember the mediation I notice an increase in effectiveness, better decisions, and a more calm approach
Jewels of Wisdom Newsletter – wierd 4th of July Jewels of Wisdom
Happy 4th of July, fellow Real Estate Pro! Normally I send on Sunday, but these facts I discovered today would be stale by then: Here, you can: Buy Deals Here (33 Avail around the US) Invest in Our Deals Here (Accredited Investors) Featured Deal: Turn Key, Renovated Chicago 6 Flat $549,000 (Kyle 815-370-1160) The Wrong Day?: The Continental Congress actually voted to declare independence from Great Britain on July 2, 1776. John Adams was so fiercely convinced that July 2nd was the true Independence Day that he routinely turned down invitations to 4th of July events and sent angry letters to people celebrating the wrong date. The Wrong Month?: Contrary to popular belief, the 56 delegates did not all sign
R.E.I. Jewels of Wisdom
High Volume House Flipping & Commercial Real Estate
Join 25,000+ readers and get instant access to “7 Sources of Off Market Deals” for free.