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What you’ll learn in just 17 minutes from today’s episode:
  • What is “real estate day trading” and how to profit from it
  • Marketing ways to do more deals faster
  • Learn Larry’s no-fail strategies that he implements to gear up his profit margins

 

Summary

Larry Goins has been investing in real estate for over 30 years. Previously, Larry served as president of the Metrolina Real Estate Investors Association in Charlotte NC, a not-for-profit organization that has over 350 members. Larry is an active real estate investor and travels throughout the United States speaking and training audiences at conventions, expos, and Real Estate Investment Associations on his strategies for buying and selling houses quickly (real estate ‘day trading’).

In this episode, Larry shares his expertise on what he calls “real estate day trading”. His go-getter character is evidenced by how he negotiates his deals and gets creative to get things done. You will get a glimpse of that as well as a few of the many tips and tricks he’s got to close deals. Plus, he will dive into his way of making higher than average profits in his space.

Topics Covered:

00:49 – His backstory of how he got into real estate

01:27 – His real estate investing strategy

01:47 – What is virtual real estate day trading

04:43 – Different ways to find properties for day trading

06:02 – How to find the list to market the deals to 

06:38 – How to analyze the properties from a distance and how much to offer and renegotiate

07:55 –  How to find buyers to sell properties to in a day or just a couple of hours

09:41 –  The different strategic market areas 

10:33 –  Getting his deals in every possible way

11:20 –  The many different ways he has automated his business

13:33 –  The experience he had with VA’s

14:44 –  On doing everything consistently

15:03 –  How did he start and get to where he is now

Key Takeaways:

“I may not get as many deals as other people, but when I get a deal, it’s not a deal. It’s a steal. It’s a home run.” – Larry Goins

“Well, I’ve always said it’s much easier to find a house for a buyer than a buyer for a house. And that is true. In other words, the key is to start building your buyers list from day one. I used to tell people, and still do as far as that goes to work as hard, building your buyers list as you do at finding deals.” – Larry Goins

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