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Oct '24 •
Read This If You’re New
Welcome To The Real Estate Investment Club where we teach you how to get unstuck and find your next deal in 30 days by leveraging talent, tools and technology to source deals and make money. STEP 1: Please introduce yourself by sharing: 1. Where You’re From 2. Experience level (New , 1-5, 6-10 or 10+ Deals) 3. Favorite Exit strategy - wholesaling, buying and holding, fix and flips, STR, etc 4. What’s Been Holding You Back? STEP 2: Click "Classroom" and open the "Getting Started" module. Watch these if you're new! STEP 3: Keep up with the Calendar and join the Zoom calls for deeper learning and networking STEP 4: After reaching level 2, you'll be given access to the resources we use daily to get started finding leads and making offers. Ground Rules: 1. Respect is Non-Negotiable - Engage with professionalism and courtesy at all times. - Disagreements are fine—disrespect is not. - No bullying, name-calling, or hostile behavior will be tolerated. 2. No Self-Promotion - This is not the place to pitch your services, programs, or products. - Do not post links to your business, funnels, or social profiles to generate leads. - Let your value speak louder than your pitch. 3. No Spamming - Do not message members unsolicited with offers, services, or promotions. - Violators will be removed immediately. 4. No Service Offers or Client Poaching - This is a learning and networking space, not a place to sell your consulting, funding, or design services. - If you’re here to “find clients,” you’re in the wrong room. 5. Add Value First. Always. - Ask thoughtful questions. Share insights. Celebrate wins. - The more value you give, the more you’ll grow. - This group is built on collaboration—not competition. By participating in this group, you agree to uphold these principles. Violations may result in removal without warning.
6d •
Your cold DMs read like an ad.
My inbox is filled with messages like: “Hey Jada! How are you?” and that's it! Nothing else to rouse my intrigue and want to give them a reply. In fact, I got one today. But here’s what I’ve learned from people making $500K a month: **Personalize your outreach.** When I first took ownership of my Skool community, I wanted to connect with all 3,800 members. So I messaged 40 people every day. Almost no one replied and I don’t blame them. Here’s what my message looked like: "Hiya! We’re both in the Skool group, REI Launchpad, and I wanted to say hello :) What are you working on these days?” That’s just a longer version of: “Hey Jada! How are you?” So hear me now 🗣️ When I started actually reading people’s bios and tailoring my message around something they had written, guess what happened? They replied. I’m still sending 40 messages a day, but now I’m getting **3–5 responses**. And this applies to every cold audience: - Emails - DMs - Calls - Texts People can tell when you’re trying to start a conversation versus when you’re just trying to send messages that feel like copy-and-paste advertisements. I’ll circle back on this topic as I continue testing what works and what doesn’t.
8d •
I'm volunteering as tribute.
Happy Monday, flat earthers! 🌎 I have a lot of "goals." A.K.A things I write in my planner to do but don't actually prioritize. SO THESE ARE MY GOALS FOR THE WEEK: 1. Make 3 posts on skool and Facebook 2. Track metrics daily 3. Warm inbound to 10 people everyday I'll follow up next Monday and be brutally honest if I accomplished this. 👉 What do you want to get done this week?
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11d •
Your step-by-step strategy to closing a deal in 21 days.
Step 1: Gather all your initial documents before your lender asks for them. Step 2: Go to a broker *before* you have the property under contract. Know what rate and fees you’ll be paying at closing and monthly afterward. Step 3: Get the property under contract. Step 4: Open title. Choose an insurance company to work with. Step 5: Send paperwork to the broker and tell them you’re starting the application. Also give them Title and Insurance agent contact info. Step 6: Follow up **daily** until you pay for the appraisal. This should happen within 3 business days of completing your application and submitting your documents. Step 7: Follow up **daily** until the appraiser calls you to schedule the inspection. This should happen within 1-2 business days of paying for the appraisal. Step 8: Follow up **Monday, Wednesday, Friday** with your broker. If you want to close fast you’ll want to know exactly what stage your file is at. Step 9: Provide additional documents if lender requests them. Step 10: Be ok with whatever the appraisal came back at. Your aim is to close quickly, not be a Scrooge. Step 11: Ask your broker when title is going to coordinating closing. Step 12: Go to the title company, sign paperwork, close. 🥳 -- BONUS TIP: Be content knowing there are outside forces that influence the timeline of closing. But these are the actions you CAN control. Use them to your advantage. Cheers!
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22d •
“I want to use my business credit to qualify for a DSCR, not my personal income.”
That sounds like a reasonable request. If you’re getting a loan for an investment property- like hard money or DSCR- you’re getting a Business Purpose Loan. So you should be able to use your business credit. Wrong. All of these loans still require a Personal Guarantee. That means the lender is still looking at you. They’re running background and credit checks to verify you are a “safe borrower.” Shoot for a *minimum* score of 680. If that seems impossible right now, I’d be glad to point you to some credit repair specialists. Mortgage Mythbusting Part 1.
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