Mike Simmons(@MikeSSimmons) 's Twitter Profileg
Mike Simmons

@MikeSSimmons

Real estate investing coach | 7 figure investor | Hard money lender

ID:1068543997

linkhttp://mikesimmons.com calendar_today07-01-2013 15:12:21

2,3K Tweets

402 Followers

41 Following

Mike Simmons(@MikeSSimmons) 's Twitter Profile Photo

Wholesaling real estate is a much better model than fix and flip real estate.
Here's why:
1. Lower financial risk
2. Faster returns
3. Can minimize external factors
4. Market resilience
5. Easier to scale

Check out my newsletter: Investorcheatcode.co

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Mike Simmons(@MikeSSimmons) 's Twitter Profile Photo

There is no substitute for leads in your business.

I think that leads are like oxygen to your company.

No leads = no oxygen...

...which means your company is dying.

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Mike Simmons(@MikeSSimmons) 's Twitter Profile Photo

If you're not using direct mail in your real estate business, you're making a huge mistake.
Don't know where to start, i got you. Check this out -
buff.ly/3SEAWQK

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Mike Simmons(@MikeSSimmons) 's Twitter Profile Photo

Leads are the oxygen of any business.

I know that when I am not getting new leads, my company is effectively suffocating as a business.

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Mike Simmons(@MikeSSimmons) 's Twitter Profile Photo

When it comes to real estate, there are two fundamental pillars that hold up your success:

1. leads
2. money.

Without a steady stream of quality leads and sufficient funds to invest, your business will struggle

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For all the entrepreneurs out there, when something goes wrong in your business.

Even if it goes seriously wrong. Your first reaction cannot be

'why me'
Or
'I'm screwed'

If it is, you probably are screwed.

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Mike Simmons(@MikeSSimmons) 's Twitter Profile Photo

Most of sibling-run businesses I've seen can't balance:

-Family dynamics in decisions
-Business growth with personal ties
-Professionalism in shared ventures

Too much conflict.

Make sure you set clear roles and responsibilities and talk through potential conflict resolution

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Mike Simmons(@MikeSSimmons) 's Twitter Profile Photo

99% of new investors I see don't acknowledge:

-Clear investing criteria
-Proper team assembly
-Market adaptation strategies

Too much improvisation.

Not enough strategy.

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