Let’s have some fun since it’s Halloween…
(See the photo above. This year we made homemade costumes and they stole the show at the school party.)
Let’s talk about the 6 types of real estate business monsters that lurk out there in the dark and dreary corners of the investing world.
When you encounter any of these 6 nefarious creatures, you have 2 choices:
A. Run for the hills,
B. Put a clove of garlic around your neck, grab a pitchfork, rally the villagers, and fight to the death!
1. PROFIT-SUCKING VAMPIRE CONTRACTORS
This villain promises the moon and the stars for a good price and in an appropriate timeframe.
But once they start working it’s like sunrise will never come.
Nothing gets done right.
Nothing gets done according to schedule.
And nothing gets done to budget.
They suck your time away, and suck your profits dry.
2. MIND-NUMBING TENANT ZOMBIES
Like the walking dead, these monsters infest your rental units and then wreak havoc.
They never pay on time.
They destroy your property.
They look and act drugged out (and probably are!)
And they are nearly impossible to get rid of (even if you try to get the courts involved!)
They always have an excuse.
And they feed off of any glimmer of niceness or compassion that you show to them.
Be very afraid.
3. DEAL-STEALING PIRATES
This swashbuckling character sails in when you aren’t looking and tries to steal your deal by going to the seller directly.
Be sure you have it under contract first to keep control, otherwise this peg-leg and parrot will make you walk the plank.
4. MARKETING FRANKENSTEINS
Many real estate investors have marketing “plans” that look like a Frankenstein.
All different pieces patched together from different “sources”.
Nothing built on the previous elements.
No coherent overall theme or direction.
A total and complete mess.
An UGLY mess.
No wonder it doesn’t generate any deals.
5. WICKED LAWYER WITCHES & WARLOCKS
These “experts” are out to kill your deals.
They find every excuse to point out the warts and wrinkles of every deal you attempt.
Even if their fears are easily disprovable.
They think THEIR recipe is the only one that produces the magic brew of profits.
But they’ve been trained to look only on the dark side of a deal, rather than finding solutions to cook the brew right to be sure you don’t get poisoned.
6. BONE-HEADED BOOGEYMAN
These ghoulish gremlins usually take the form of family or friends.
They’re people who don’t see the same vision that you see.
They don’t see the lifestyle you want.
And they don’t see the ability you have to profit massively from doing real estate deals.
They only see the risks.
And they persuade you to crawl back to a “safe and secure” job rather than pursuing your entrepreneurial dreams.
And that’s just plain bone-headed.
So be careful if you run into any of these Halloween real estate investing monsters.
The best defense will be a good offense.
I’ll teach you how to survive using my Rapid Cash Generator system.
Learn to wield your sword, axe, and bow-and-arrow with clarity and accuracy here:
Traction Real Estate Mentors
P.S. — Plus, whenever you’re ready… here are 4 ways I can help you grow your real estate investing business:
1. Grab a free copy of my “The Deal Flow Cheatsheet”:
It’s a quick and simple guide to “The 5 Key Marketing Elements to Move Your Real Estate Business from Friction To Flow!” — Go here: https://TractionRealEstateMentors.com/dealflow
2. Watch this free training video:
This in-depth training video teaches you the foundational building blocks your real estate investing business needs to have to succeed. — Go here: https://TractionRealEstateMentors.com/3-keys-to-real-estate-investing
3. Join Traction REIA and connect with investors who are thriving in today’s market:
Our monthly meetings provide education, community, and support for smart investors to get More Deals, More Profits, and More Freedom! — Go here: https://TractionREIA.com/join-us
4. Work with me 3x per year at my Rapid Cash Generator Bootcamp:
If you’d like to work directly with me to progressively add $100,000 to your bottom-line in the next 12 months. Attend my Rapid Cash Generator Implementation Bootcamp — Go here for all the details: https://TractionRealEstateMentors.com/bootcamp