Real Estate

House-Flipping Tips: Huge Mistake So Many Make

Yo, you’re going to want to pay attention to this. Trust me.

So easy… yet so often screwed up.

The small, but powerful… business card.

“Maestro, are you kidding me? Business cards are for cubicle-dwellers. I’m a wholesaler! Gimme something I can use!”

Rule #1: Cut the excuses. Won’t have them…

Alright, time to get down to business, here. Let’s talk about where to get your cards and what to put on them.

You can get them locally, at a printing shop, or online. I lile to support local businesses, but you will pay more. The best card, which I talk about next, is the money business card, which you can get at ezsigns.net.

Wholesaling Tip 1

The “money” business card is straight… money. Leave it on tables, desks or right on the ground. And watch the people pick it up. You would, too. Trust me. Again, go to ezsigns.net to get them. Or, you can go to Google, and search, “money business card.”

Make sure you write what you do on the front of the card. The absolute biggest, most often occurring mistake I see investors make, is putting their business name on the card. Most people put it really big, and right in the middle, too. I mean, a prospective seller does NOT want to cast their eyes upon Joe Schmoe’s Investment Group as the first thing they see. Now, all of a sudden, you’re a company… instead of a sympathetic regular person.

Real Estate Wholesaling Tip 2

Your card is an important part of your marketing. Make sure you do it right!

Listen, I understand that business cards suck. But, every card that you extend to someone, could mean thousands of dollars to you. You think I’m kidding?

This is how The Maestro does it:

Order your cards, either online or from a local printing shop. Order a bunch… like 1,000.

Decide how many you are going to give out daily. My advice, 3 to 5. And yes, you’re going to have to give them to strangers. Get over it.

This is huge. Always, always, always give out at least two to a person. And no, giving out two to one person doesn’t count for two toward your daily goal. It’s just one. And that’s cheating. No cheating, my friend.

Always, always, always offer CASH as a referral. “Mr. So-and-So, my name is Joe Schmoe and I am a real estate investor. I purchase homes with cash, and close quickly. If you, or anyone you know, needs to sell their home fast, please let me know. Oh, and I offer $500 cash for any referral that turns into a deal. Take care.”

Success Tip 3

This small, but vital, action could make you a ton of cash. Complacency will kill your business. If you slack on the small things, you will undoubtedly slack on other parts of your business, as well.

“Maestro, this sounds kind of stupid. I mean, I feel like a douche bag handing out cards to strangers. I want to do other things, like bandit signs and direct mail. I just don’t think this is me…”

If this is your attitude, then not only is passing out cards not for you, but neither is flipping houses, working for yourself and making a lot of money. Freedom comes with a price. If you want it, you need to sacrifice.

… this isn’t much that much of a sacrifice. Trust me.

Get this. I know a lady who flipped a house and made $50,000… off of a business card. No lie. You still think it’s stupid?

Andrew Massaro is the author of the wildly successful e-book, Quick Flips and Fast Cash flip houses and is also the country’s top wholesale coach to the new investor real estate coach.

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