Tag Archives: whether
The Inspector Who Saved Thousands on an Unnecessary New Roof
Yesterday high winds whipped through central New Jersey, screaming past quiet,tree-lined,residential streets,gusting to more than 50 miles an hour. The national weather service is still looking into whether these winds were actually a hurricane, but residents of one wooded area really don’t care about the classification of the storm, they are concerned with the clean up necessary after the devastation.
In Hunterdon, a large tree fell, ripping open the roof of a home, while residents were inside sleeping.The woman sleeping in the upstairs bedroom awoke to the sound of an enormous crash, and opened her eyes to falling plaster everywhere. She was lucky to be unharmed, and the damage to her home was substantial.
Meanwhile on a similar tree-lined street, another family awoke to the same high winds, safer and better prepared because of the home inspector who noticed something strange in trees on the property and recommended the opinion of a landscaping professional.The landscaper recommended taking down a 100 year old tree that was just a little too close to the home. Home inspectors check trees for evidence of the tree dying, being diseased, or having structural failure, and call in experts for their professional opinions. They also assess possible damage to structures if the tree falls, ramifications of construction and renovations around tree root structures, the possibility of storm damage, liability and tree maintenance issues, and whether the tree has been topped because this sometimes weakens the tree. In all cases expert landscaper opinions are solicited.
According to insurance company property and casualty claim data shows that the industry spends billions of dollars each year on fallen tree damage. Not only that, but claims involving tree damage have sharply risen over the last ten years due to increasingly violent storms, more trees being planted close to homes, and the trend to preserve large trees during construction. As a result of this, many homeowners have filed for enhanced landscape policies with coverage levels of $100,000 or more per tree. More home inspectors as they make recommendations should recognize this trend, and should protect themselves by purchasing errors and omissions insurance.
The Key to Real Estate Success and 5 tips on how to implement in your business
During the boom, investors made profits with all sorts of strategies, even with little knowledge and many mistakes. Those investors may have experienced a rough couple years and may have given up. Here I will discuss the key to break thru and succeed whether a beginner or in a rut.
Are you learning and reading everything you can about real estate? Have you educated yourself on 20 different strategies and you now know how to do all sorts of creative real estate deals? That knowledge will certainly not hurt, but lets focus on one thing that will be the key to consistent long term success in good times and bad. Find Motivated Sellers!
Not just find motivated sellers, find a ton of them. Have them beating down your door begging you to buy there homes and get to the point where you dont need to do a deal with them even if it is a great deal. I see it all the time, beginners or those in a rut have only a few deals they are looking at and the take the best one when it isnt even a good deal. They need the deal to continue to eat, but this often ends in disaster.
Now, you are probably agreeing with me that success will be achieved by having tons of motivated sellers flooding your pipeline consistently whether you are there or not. But how do you do this? Here are some tips to have a consistent flow of motivated sellers coming to you.
1. Direct Mail While you can find deals door knocking and scouring listings, websites, and newspapers this could be very time consuming. Send out direct mail to motivated lists such as foreclosure, out of state owners, expired listings, divorce, probate, etc.
2. Learn Direct Response Marketing educate yourself on direct response marketing and have motivated sellers responding by contacting you.
3. Automate create a system and delegate your direct mail campaign so it happens whether you are there or not.
4. Filter create a system to weed out the duds and only evaluate the prospects that could meet your criteria.
5. Pass it ends up a numbers game, get enough deals and some will be worthy of doing. If you are not getting enough deals, pass and improve your direct mail and marketing strategy.
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