Creative Real Estate Investing Guide

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August 31st, 2010

“Outside the Box” Buying Strategies

This past weekend, I was featured on Atlanta News Talk Radio 1160-AM, with North Metro REIA owner Buddy Corbin.

We had a good hour of talking about the current state of the economy, ways creative financing can help, and why I believe the individual investor will be the one to pull our nation through this recession. Buddy and I discussed buying strategies that are ‘outside the box’, and solutions that nearly anyone can take advantage of, if they learn how to do it correctly. Not only that, but we also covered many options on how you can make money in real estate now, and how to make the most of the properties you currently have. Needless to say, it was a power-packed hour!

You can check out the recording on North Metro REIA’s website, below:
http://northmetroreia.com/radio-show/augie-byllott-buying-strategies-that-are-outside-the-box-on-wcfo/

I’ll be speaking there on September 11, 2010 and can’t wait. It’s going to be a fun ride!

August 27th, 2010

A Ground Floor Opportunity

You can help build our next program…are you ready? You know I have a win/win philosophy for deals, and that’s what I have for you today! I want to work with up to five small groups to gather feedback on my current program “Buying Without Cash or Credit“, so I can evolve it into “The Ultimate Creative Financing System.” I am currently in the process of taking my home study programs to the next level, and gearing them for a national audience. And the best way I can think of to improve the content is to get feedback from you!

What Do I Get?

You will receive a 50% discount on “Buying Without Cash or Credit“, which retails for $697, and includes both audio CDs and DVDs that will be shipped to your home. You’ll receive a copy of “The Ultimate Creative Financing System“, which will retail for $1497, for FREE as my way of saying thanks for participating. Additionally, you will have access to a one-day exclusive training on my favorite subject, Creative Financing. Others may get to participate for $497, but honestly, I haven’t decided if I’ll invite anyone else. Either way, it’s yours as my way of saying thanks.

What Is Required Of Me?

I ask for your frank feedback to help me serve you and your fellow investors better. You will be required to purchase “Buying Without Cash or Credit” with your 50% discount code. Over the next 45 days, you must listen to the audio and view the videos of the current program at least three times, and make notes on the following:

Examine each technique and comment on its clarity and ease of understanding
Comment on how each segment can be more effectively communicated to make it user-friendly
Ideas on tools which would make the program more beneficial

In addition, there will be two mandatory online surveys, which you will be required to complete in order to receive your free copy of “The Ultimate Creative Financing System“. There may also be a conference call (or two).

Is There A Deadline?

Yes. The new product must be ready for delivery by November 1st, so time is of the essence! Due to the many questions I’ve received, I wanted to give people a chance to learn more. Therefore, I am extending a deadline to get involved to Saturday, August 28th at midnight. After that, we will start working with those who stepped up to participate.

I’m Interested. What Should I Do Now?

Add a comment to this post below, and include your email address. Don’t worry, we will keep the information private! Only we will see your request, and we’ll send you a discount code and URL to purchase “Buying Without Cash or Credit“. You’ll be on your way to earning over $2,300 in bonuses as my way of saying thanks!

August 16th, 2010

Building Wealth – Episode 7 – The Special Sauce

My wife Audrey is an awesome cook; she has recipes for everything. Even when she doesn’t have a recipe, she creates one. Her thinking is that as long as we like the ingredients, it should turn out all right. Knowing our favorite things is like having a special sauce. Blend them together and good results are virtually guaranteed.

Possessing the special sauce can make a significant difference in your ability to achieve successful entrepreneur. A pact can also be a recipe for a special sauce. PACT it is an acronym for Personal Action Coaching and Training. It is also an acronym that describes how I choose to live. With Passion, Action, Commitment and Tenacity. Its my special sauce.

Take the positive path, the high road. Always do your best and projecting a positive, enthusiastic, up beat attitude. You’ll be amazed by the results!

To your success

Augie

August 16th, 2010

For Real Estate Investing Practice Makes Perfect…Well, Not Exactly

When I first began my real estate investing adventure in the early 1980’s I did what I thought were all the right things. I read books on real estate investing, listened to tapes and gurus but for some reason even with all that education behind me I found that I didn’t close as many deals as I thought I should have. As I look back, I have learned many important lessons but the most important comes from professional sports. Back in 1983 I had the opportunity to attend my first professional golf tournament, the Doral Open in Miami, FL. I was the guest of AT&T one of our corporate vendors (yes friends, I had a real job back then) and I have to say I was impressed. They did it all first class; a hospitality tent, gifts for all the guests, cocktails and gourmet food. I had never experienced anything like it! It was all a bit intimidating for a junior executive just starting out.

During the second day at the tournament I came face to face with one of my all time idols, Jack Nicklaus, I was nearly speechless but at least had the presence of mind to wave my pairing sheet under his nose for an autograph, which he graciously provided. So how does any of this relate to real estate investing or closing more deals, you ask? It doesn’t, but here’s what does, the next morning I arrived at the course early, 6:30 am and there were at least 10 pros on the practice tee and they were hitting ball after ball after ball. By 7:00 am there were 20. Over on the practice green there were another dozen or so professionals putting ball after ball after ball. That afternoon after they would finish, they headed back to the practice tee or the practice green and again they would strike ball after ball.

These were top professionals, the best in world, yet they practiced before the match and again after the match. They didn’t show up unprepared when the money was on the line. They were as prepared as they could possibly be. Can you make the same claim when you are talking with a seller, a buyer, a realtor, banker or contractor? Are you always ready for the big game?

What I have learned that helps close more transactions than anything else is to be prepared for the big deal. When that motivated seller calls and needs to sell quickly, do you have the ability to analyze the opportunity quickly and correctly then get it closed? Do you see more than one way to make the deal? Can you see multiple exit strategies?

We’ve all heard the old expression, practice makes perfect but it is untrue. Unfortunately just plain old practice won’t help you get better. However, perfect practice does make perfect! What I failed to mention about many of the golfers on the course were that they were there with their coaches. They had objective feedback to help them make those subtle swing changes that might serve them well next time a $500,000 prize is on the line.

The goal of this this blog is to provide you tools and ideas to help you achieve that “perfect” practice ability. If you do it wrong and continue to practice it the same way day after day you’ll just get better at doing it wrong and keep a low batting average. But if you start developing and sharpening your skills the right way, you’ll be hitting them out of the park in no time!

As a good southern buddy puts it, “even a blind squirrel finds an acorn every now and then.” Don’t be a blind squirrel, practice, study, learn and grow! You’ll find enough acorns to grow a forest!

To Your success…

Augie Byllott

August 14th, 2010

Dress For Success and Generate More Leads

While you can’t always tell a book by its cover, a well wrapped package tends to be more inviting to explore than something that looks like it fell off the back of a garbage truck. I’m always surprised when I attend investor meetings. We’re an entrepreneurial bunch of independent business people that run the gamut in terms of style, appearance, and grooming.

What I find most interesting are the people who go to meetings to network, seek loans, find financial partners, or negotiate deals looking like an unmade bed. Ripped or soiled jeans, beat-up gym shorts, shirts that look as though they double as pajama tops and 3 days of beard stubble don’t inspire confidence. Some show up looking like a million bucks and others look like they don’t have two nickels to rub together. It is said that that average person sizes someone else based on visual cues (appearance) in about 15 seconds.

What’s the biggest challenge facing the new investor? If you’re new there’s probably a list as long as your arm and choosing just one can prove difficult. Is it establishing credibility? Finding leads? Letting people know what you do or want to do? What does an investor look like? A policeman has a uniform, a hat and a gun; a doctor has a white coat. Lots of people can be recognized by the uniform they wear; but what about the investor?

When I first began attending REIA meetings, (that’s Real Estate Investor Association for the uninitiated), I was always impressed by the folks with shirts that had their business logo embroidered on them. They looked more professional, seemed more confident, more knowledgeable, more… well you know…prepared. Why was that? I think it was because they looked the part. They looked like they actually had a real business because if they were willing to invest in branding their business on their apparel, they must also be doing other things well too.

I recently developed a new product called The Ultimate Lead Generation Program for Real Estate Investors. It provides over 100 ways to locate motivated sellers; many of them free or very inexpensive to implement. One strategy listed under the “A” section is Apparel and it can provide multiple benefits. Anything that looks good and says “We Buy Houses” can get conversations started by people asking, “How do you do what you do?” Do you want to buy their house? A professional appearance coupled with a simple marketing message can go a long way.

I’ve been using shirts and hats with my business logo for years. A buddy of mine has his rehab crews wear tee shirts with his log, message, and phone number on them. The workers like the free tee shirts and he likes the free advertising. Even if you don’t go for the logo look, think about the image you project; when you’re a well wrapped package it will definitely make a difference in your business.

To your success

Augie Byllott

One of the best providers for items with logos (and they can help you design the logo too) is Queensboro Shirt Company ; you can check them out right here: Queensboro