Real Estate RAW

I will never forget my first business/real estate mentor. I was set to taxi the plane out to the runway on a flight to Carrabelle Florida. My passenger for the day was a wealthy real estate investor and developer named Lee. I was flying him to FL for the afternoon because he was in the middle of developing a new condominium community on a prime piece of waterfront real estate. I had watched him negotiate and purchase this a few weeks prior on a separate trip that I flew him to Florida for.

At this point my real estate career didn’t exist at all. I was a pilot flying for a medical supply company in Macon, GA. Lee was a friend of the owner of the company I worked for. The owner had invested in Lee’s next development and had given him access to the plane (and me) to take him down to the development site when he needed. At this point in, I was working on my flying career, but I was slowly getting the real estate bug. Little did I know that in less than a year from that fateful flight, I would be completely out of aviation and full time in real estate, never to look back.



Read the full article - ' https://realestateraw.com/real-estate-at-10000-feet-up/ '

Anyone who has been in real estate at all will tell you that finding good deals is most of the work in any real estate business. Using the right tools will maximize the efficacy of that work. Here are several strategies to increase deal flow by using creative financing. This works for multifamily or single-family real estate.

Direct to Owner

Contacting owners directly works great with smaller assets and is less effective as you move toward larger assets (100+ units). Direct mail campaigns work great for single family homes and have a decline in response rate (closer to 0%) as you move to larger assets. I have sent thousands of letters and postcards in my career.



Read the full article - ' https://realestateraw.com/how-to-find-multifamily-creative-financing-deals/ '