Danny Johnson
5 Factors for Real REI Success
Many real estate investors tend to get caught in the trap of believing that since we have been investing in real estate for years that we have that many years of experience. āHow many years of experience do you have?ā āIāve got 18 years of experience in real estate investing,ā ...
Think Realty Podcast #195 ā The Business (Not Job) Mindset
Are you treating your business as a hobby? Have you found yourself in a feast or famine situation more than once? If youāre stuck in the grind of day-to-day work and havenāt realized real estate freedom, then this show is for you! Learn mistakes to avoid, responsibilities to delegate, and ...
Tech That Makes It Easy to Track Marketing ROI
āYou canāt manage what isnāt measured.ā My business coach was attempting to convince me it was worth the time and effort to track KPIās (Key Performance Indicators) for my marketing to motivated sellers. How is Your Marketing Performing Right Now? Can you answer this question in a factual way? Or ...
Think Realty Podcast #132 ā Your Fortune Is in Your Follow Up!
When seeking real estate deals, youāre probably following up with sellers, but are you doing it often enough? And are you doing it the right way? Find out how assumptions can lead to a dead-end on your leads. From automated campaigns to old school tricks, following up correctly can bring ...
Perspectives: Follow Up Is Crucial Now
The full effects of COVID-19 on the real estate market are not yet known. If you are buying houses to flip or for long-term investment, do you really know what the value will be in the coming months and years? All we have are trends, and we know the real ...
The Lead-Generation Mistake that is Costing You Business
Would you rather have tons of motivated sellers nearly knocking down your door or tons of tire-kickers waffling around and tying up your phones because they found your number on a postcard or letter that, by the way, took forever to print, stuff the envelopes, stick the stamps and send ...
5 Fail-Proof Ways To Generate Traffic To Your Website
In my last article for Think Realty Magazine, I shared the ingredients for a high-converting real estate investor website. That article focused on what is necessary to get website visitors to submit their personal information to you about the house they want, or possibly need, to sell. But even a ...
A successful website conversion is when someone visits your real estate investor website and takes some action you want them to take. For investors looking to buy houses, itās when your website visitor wants to sell his or her house and either submits the requested form or gives you a ...
Before we can assess the question, āWhy isnāt my real estate investor website generating leads?ā we have to determine a few things about your website. One of the most important things for any real estate investor to have is a website that covers all of your informationālocation, contact information, other ...
I donāt ever get any good leads ā¦ā āYou canāt get deals like that where I live ā¦ā These are just some of the statements I hear all the time from real estate investors who havenāt honed their lead-to-deal conversion ninja skills. Mostly likely, the problem isnāt that they arenāt ...
Buying By The Numbers: 5 Efficient Ways to Find Off-Market House Deals
The Cheaper You Buy, the Better Your Return is Going to Be, Regardless of Your investment Strategy Smart real estate investors know that the secret to true success is finding deals with great numbers. So as a house flipper, in order to increase my profit margins, reduce my risk and ...
I am always reluctant to offer predictions for the year ahead because of the arrogance involved. But, shoot, as in the gallows humor of the Eighth Air Force, āNo guts, no Air Medals.ā Evaluating Last Yearās Predictions Letās begin with reviewing successes and embarrassments one year ago today. Two mistakes: ...
The Long and Short of the Fedās Rate Hike
We have liftoff. The long and short of it follow, short first. The immediate reaction to the Fedās first hike in 10 years, from a band ā0% to .25%ā to .50%: the prime rate moved mechanically to 3.50%, rising in lockstep as it will after each future increase in Fed ...
What Will Wednesday’s Federal Reserve Meeting Bring?
The entire financial world would prefer to remain in fetal curl until the Fed acts next Wednesday at the Federal Reserve board meeting, but events intrude. Oil prices falling into the $30s presage even less inflation (Fed oblivious), and create unrest in the stock market (and producer nations). The big ...
Nobody believes the Fed will be aggressive so mortgage rates should be intact
Here before Thanksgiving Iām more pensive than my usual argumentative self, backing away from the immediate toward historical distance, savoring surprise, and tilted to forgiving human absurdity than railing against it. The dominant news, of course: Paris. Which has had no effect on financial markets. Tourism will suffer for awhile ...
Is the Fed liftoff trying to slow imaginary inflation?
An overwhelming consensus of economists expects Fed liftoff at last in December.Ā Good thing weāve had several hundred miles of runway. An equally overwhelming consensus in the bond market thinks the Fed may get the bird airborne, but not for long.Ā Nor for good reason. After a peculiarly strong employment report last ...
The economy is either going to slow or the Fed will see to it
Last week I described the Fed divided into three groups: hawks, doves, and undecided. After Fridayās employment report the Fed is a united hawk-nest, and outside the Fed anxiety-ridden birds have begun to pluck out their own feathers. Like me. The only anxiety refuge from Fridayās report of October payrolls: ...
The Fed is divided into 3 camps: Hawk, dove and not sure
Long-term rates rose last week, not a lot, but since summer rates have not been able to penetrate the lows revisited in October. I would say that confusion about the future course deepened, but it canāt get any deeper. Long rates rose a little after the Fedās meeting broke on ...
Of course bonds are right, and stocks donāt get it
Last week was an exercise in perspective, stocks versus bonds and mortgages, and here versus over there. In a week with little new U.S. data (apartments hot, single-family not), bonds and mortgages stayed the same -- which is remarkable given the performance of stocks. The 10-year T-note could not break ...
Long-term rates down and the prospect of Fed liftoff receding
Non-junkies find the Fed about as interesting as other non-junkies enjoy presidential debates, but I promise that Fed issues are vastly more important. And current. Long-term rates fell this week as a direct result of Fed disarray, the 10-year T-note below 2.00% briefly, and the prospect of Fed liftoff receding ...
Perhaps the Fed’s best option is to shut up – you look ridiculous
It is odd out there. High-volatility markets have gone still. Long-term interest rates certain to rise have fallen, mortgages back in the threes. The 242-seat Republican majority in the House is captive to 40 wild men, the party in many ways no longer a party. Vladimirās latest excursion is only ...
The Fed, the employment rate, the bond market going anywhere in particular?
Trying as always to grasp the present, it seems to me the financial markets today reflect a world wandering through an odd passage. Not aimless (plenty of people have aims... too many), but without direction in two senses: not headed anywhere in particular, and certainly not led by anybody greatly ...
How to take calls from motivated sellers like a pro and convert more leads into deals
Leads into deals Real estate investing success hinges on being able to find good deals. If you donāt have leads coming in and are not making offers on those properties, youāre just not going to make it. It really is as simple as that When I got started flipping houses ...
Yellen’s speech: The biggest story of the week is the hardest to interpret
Sunday evening... imagine 10,000 years ago on an open steppe, your tribe witness to the rising of an over-sized full moon, colored burnt or bloody, then darkening altogether. What could it mean? Famine, drought, flood, sickness...? It means the Fedās going to tighten, thatās what. (Iāll miss the celestial show: ...
Lou Barnes analysis: The Fed is peripheral now, by the way, so is the stock market
Well, thank heavens thatās over. Not. Itās never over. Which is a good place to begin. Start by sorting Wall Street propaganda and bad theories in general from clear thinking about whatās actually happening and ahead. Bad idea number one is just silly, not damaging: the Fedās September pass creates ...
