Trying to decide which real estate investor guru’s system to buy is hard enough, but once you find what you want, implementing what you learn is a crucial component of your success. As they say, ‘time is money’ and this is no different in the world of real estate investing. If you let any form of training lay stagnant for too long, the odds of you putting the training into actions is slim to none. So, here’s 3 tips on how to implement the strategies taught in the mortgage assignment profits system right away.
The first and most important tip to implementing the real estate investing strategies taught in the Mortgage Assignment Profits System is to team up with a real estate agent. You are going to want access to the Multiple Listing Service, and in many states, you can not access this data on your own. For agents, the same first tip goes for you because many of the leads that will be calling you are already represented and legally you must disclose that you are a licensed agent and politely end the conversation. For those leads, you will need a partner who is an investor who can follow through to see if they can help.
The second tip to implementing these real estate investing strategies is related to finding properties that fit the profile taught in the Mortgage Assignment Profits System. You will want to sit down and make a list of what type of data you should be staying on top of each week. Things like expired listings, homes that have been on the market for more than 90 days, and areas that have high months of inventory. You will find that when you start keeping track of these lists, you’ll be able to notice trends in certain areas that are prime targets for your marketing efforts.
The third tip to being successful with the Mortgage Assignment Profits System and your implementation of these investing strategies is to build your list of other real estate investors and agents who are using this system and similar investing strategies. Go to your local real estate investing clubs and find out who specializes in what real estate investing strategies. Start making a list of everyone you meet and put their information into an excel file sorted by what they do (i.e., hard money lender, rehab investor, etc). Then, the next time you have a deal come up, email your contact list to see if you can find a quick solution. If not, post the deal on your local real estate investor club’s website and when you get inquiries, add those investors to your excel file so that you continue to build your list.