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Alan Brymer
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You’ll Never Sell Your Real Estate Business, So You Should Automate It
Businesses, like real estate, can be planned, built, finished, and sold for a profit. But what if you own a business that buys and sells real estate? It’s not the same. The best you can do is sell the real estate that you’ve bought, and that’s the end of it. No one will buy your …
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Serial Entrepreneurship = Serial Mediocrity
Why does every go-getter investor-type want to start multiple businesses? I’ll tell you the three reasons why, regardless of what they tell you: Fear Macro-A.D.D. Mistaken belief in how most entrepreneurs actually get wealthy Reason #1: Fear I have heard comments like, “Do enough things to make money and one of them is bound to …
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Other People’s Time is Like Other People’s Money
Money and time have a few things in common. Both are required to be successful in real estate, but everyone’s personal supply of both has its limits. Fortunately, you can use OPT (Other People’s Time) in real estate just as you can use OPM (Other People’s Money) in order to do more deals and avoid …
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Only a Tired, Broke Investor Does Everything Himself
Why do you think most investors get into real estate to begin with? Is it because they like wading through three feet of trash inside of dilapidated junkers? Is it because they savor talking on the phone so much that they found a way to make money doing it? Could it be because they enjoy …
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Investing Full-Time is Overrated
I’ve been investing in real estate full-time since I graduated from college five years ago. I guess you could say I did it part-time while I was also juggling college classes, homework, papers, and another student job. Now it only takes me an hour or so per day, so you tell me how to classify …
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How to Avoid Training Your Competition
One of the questions I am asked frequently is, “If I get an assistant, how do I avoid training my competition, but also get someone with the initiative to make things happen on their own?” This question assumes that the only people with initiative are those who are interested in investing in real estate. This …
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Guidelines for Moving On Up to Commercial Property
Most real estate investors get started buying single-family houses, probably because it’s what we’re the most familiar with. But whether you’re going straight to the big time or are ready to advance from houses to larger (and more profitable) deals, here are 10 time-tested guidelines to follow that will help you have more success. Tip …
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Cries of Fraud: An Ounce of Prevention is Worth 60 Megatons of Cure
The good old days of doing business on a handshake have gone so far away that the Hubble telescope couldn’t find them. Even at my tender age, I have witnessed enough legal action resulting from deals gone awry, sellers-turned-psycho, and downright skullduggery to make even the most hardened investor’s blood curdle. And the heat of …
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Why No Real Estate Investor Can Live Without an Assistant
Having an assistant is one of the best investments you’ll make as a real estate entrepreneur. Like all parts of your business (and yes, buying, leasing, and selling houses is a business), they require an investment of your money and also your time. You’ll need to invest a little money in order to hire, train, …
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Running TV Ads to Find Deals
I used to run TV ads in order to find houses to buy, and I’ll give the pros and cons of doing it. 1) One plus is that more people are seeing your ad for every dollar spent than just about any other media. This can help to build brand awareness so that if someone …
