Kind of a weird title for a lesson on real estate technology, don’t you think? Well, it probably is. We will be back to techie stuff next week. But we thought it might be good this week to consider spending some time away from the tech side of real estate investing.
When you really boil it down, real estate investing is a people business. Houses don’t sell themselves. People sell houses. Motivated sellers are people with problems:
- Divorces
- Death in the family
- Job loss
- Landlord headaches
These are all problems with people, not real estate. Tech is wonderful for locating these situations. But at the end of the day, you have to sit across from someone and find a deal that works for both of you.
When people are hurting, most of them are not interested in the latest iPhone App that values their house.
Take Some Time to Work on Problem-Solving Skills
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JP Moses
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.