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Location: Livonia, Michigan, United States

I first became involved with real estate in 1981 when my wife gave me a choice of ballroom dance or real estate classes. I chose real estate, and began buying properties as rental investments. Over the years in working with real estate, I have purchased in excess of 3,500 single-family homes and pick up the name Mr. Lease Option. My web is www.mrleaseoption.com I teach over 40 real estate investment seminars a year, and running investment club www.megaeventingevent.com keeps me on the go.

Sunday, July 30, 2006

Common Marketing Mistakes Done By Investors In Real Estate Investment And how To Avoid Them - Guided by Mark Maupin

We are all familiar with usual marketing strategies like badit signs, classified ads and postcards etc. Now, these marketing strategies in themselves are not bad but it is sadly the method how these marketing activities are applied where investors get into trouble. Let us explain you how to avoid common mistakes while making real estate investment. Mr. Mark Maupin has successfully taught all the techniques to many new real estate investors.

Not Staying Within a Budget and Wasting Your Money.

If you only have $100 or $500 per month to spend on marketing then you need to stick to that amount and use strategies that fit into your budget. This is because you may not have money for a longer period of time for real estate investment business. Mark Maupin always emphasis this point, because it affects your cash flow.

Not Being Persistent.
It is fact that, if you will be persistent in whatever you are doing, then you will win or get success at the end. Many people do not remember this fact and quit with a huge database of leads they accumulated from haphazard marketing efforts. All it asks is some nourishment and follow up.

Having No Competitive Advantage Above Other Investors

I know my personal bias towards attorneys and using free publicity as my competitive edge. What is yours? still don't know, develop one.

Not Identifying Strategies That Work and Sticking With Them

There are somany ways to skin a cat. It is the lack of not knowing what works and what works well that leads many astray and cost them a lot of money in the process and progress.

Following the Herd and Using the Same Marketing Strategies

If you don’t have answer of the question that with same strategies used by fellow investors in your market,why would a seller call
you ?Then you need to think of a different strategy like marketing to attorneys. When you market to attorneys there is no competition problem and no negotiation problem. Mark Maupin would like to say about this approach is that the attorneys may times would send pre-qualified leads your way which makes negotiations much less complicated.

Not Having a Marketing Strategy At All
Intersections without planning, testing and reviewing the quality response rate from your signs is a sure recipe for failure.

For More Information, please visit - Mark Maupin

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