Austin Hendrickson’s 12.31.18 – Taking Advantage of a Great Opportunity Created by Real Estate

I recently was presented with a rare exciting opportunity that I said yes to. A few weeks ago I accepted an offer from the Minnesota Vikings, where I will be working as a Controller, running the financial side of the Vikings owners new real estate team here in MN. The Vikings owners (who are billion Continue reading >

  • REsimpli Blog
  • In Misc,
  • 01/22/2019
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Meadowood Flip by Brad Bone

We bought the Meadowood house in mid June from a lady who desperately needed to sell. Her house had likely never been cleaned in the past 30 years, it was filled with cat urine stains and cat hair. The odor had a smell the punched you in the throat when you walked in the front door. The house was ab Continue reading >

  • REsimpli Blog
  • In REsimpli Direct Mail User Blogs,
  • 12/27/2018
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November Update by Brad Bone

Here is a quick breakdown of the current properties we are working on: Winners Circle, Bakersfield, CA This house was listed last weekend for $234,900. We ended up spending about $69,000 in the rehab. This involved a major rehab including adding about 330 additional square feet of living space Continue reading >

  • REsimpli Blog
  • In REsimpli Direct Mail User Blogs,
  • 12/21/2018
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Lessons Learned: Expecting the Unexpected, Scripts, and Homework by Roman Tomkiv

Based on my first batch of 250 letters and 250 postcards, I have derived with three main takeaways when dealing and talking with prospective sellers. First, one needs to have a concise script and learn how to listen. Second, one needs to research all available information about the property in quest Continue reading >

  • REsimpli Blog
  • In REsimpli Direct Mail User Blogs,
  • 03/09/2018
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Behind the Scenes of a Successful Lead Management System

“You miss 100% of the shots you don’t take.” ~ Wayne Gretzky Over the past two decades, lead generation has seen a massive growth, in terms of research and bubbling of hundreds of thousands of companies providing lead generation services. As a real estate investor, it makes perfect sense t Continue reading >

  • REsimpli Blog
  • In Customer Relationship Management (CRM),
  • 01/12/2018
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Why Owner (Seller) Financing is Best

Banks and mortgage companies are in the business of loaning out money and collecting interest. That’s why so many of them will tell you that any other type of financing is very risky and should be avoided. The truth is that traditional mortgage loans are very low risk – for the banks! They do Continue reading >

  • REsimpli Blog
  • In Deal Funding,
  • 01/10/2018
  • No Comments

Single Family Homes vs. Apartment Buildings

Warren Buffett, the third richest man on the planet, has a simple investment philosophy – ‘Invest in What You Know’. Don’t try to invest in businesses or other vehicles that have an overly complex business model. Keep everything simple. That way you can evaluate it easily and know right away Continue reading >

  • REsimpli Blog
  • In Pre-Deal Analysis,Real Estate Investing Skills,
  • 01/03/2018
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5 Reasons You Should be Using a CRM for Your Real Estate Business

“Customer service should not be a department, it should be the entire company.” ~ Tony Hsieh, CEO of Zappos If there’s one thing every realtor will agree on, it’s the fact real estate is all about relationships. In fact, every single activity carried out in promoting your real estate busin Continue reading >

  • REsimpli Blog
  • In Customer Relationship Management (CRM),
  • 12/29/2017
  • No Comments

3 Crucial Metrics Every Direct Mail Marketer Needs to Know

“You can’t manage what you can’t measure.” ~ W. Edwards Deming What was the first thing that came to your mind after reading the title? I bet it was response rate or for some, it could be conversion rate as well. While these two are crucial for measuring the effectiveness of your direct m Continue reading >

  • REsimpli Blog
  • In Direct Mail,
  • 12/21/2017
  • No Comments

Why You Should Use a Good CRM

In a previous article, The Importance of CRM for Real Estate Investing, we discussed the importance of tracking and following up on all your leads with a good Customer Relationship Management (CRM) system. We mentioned that people use CRM systems ranging from an expensive off-the-shelf system for la Continue reading >

  • REsimpli Blog
  • In Customer Relationship Management (CRM),
  • 12/20/2017
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