Starting Ideas for the New Real Estate Investors

By Joe Arias

Thinking of investing in real estate? You’ve come to the right place. Real estate has created financial independence for many throughout the years. Ordinary people have created significant wealth for themselves thanks to the power of real estate. By starting your journey with the right ideas, then you can begin reaping the rewards real estate has to offer.

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Education

No, you do not need a college degree to start investing in real estate. However, you should spend as much of your time as possible learning about investing in real estate. Knowledge is power and the more you learn about real estate, the better chances you have for succeeding. There are a variety of resources for you to learn real estate. It may seem overwhelming but that is a common feeling for many as real estate has so many categories and details. The best thing you should do is just get started. Pick up an interesting real estate book. Watch YouTube videos or listen to podcasts. Join your local real estate group. Talk with an agent. There are so many activities you can take advantage of to start your path towards learning more about real estate.

Finances

Another starting point on your journey towards investing in real estate is figuring out your current financial situation. How much liquid capital do you have access to? How much are you willing to invest? What is your current credit score? These are some of the many questions you should start asking yourself. It is not enough to know everything there is about real estate. You should also develop a strong financial literacy because finances play a big role in your ability to secure deals. A great strategy is to save as much money as you can while you are educating yourself about real estate. That way, by the time you are confident to start investing, you will have access to the capital you need to get started.

Goals

What are your goals? Do you want to achieve financial independence? Are you interested in flipping properties or would you prefer to start buying income-producing properties? Truly think about what you are looking to achieve out of the real estate and write them down. You should revisit your goals daily and weekly. You must be laser-focused when chasing your goals. Also, don’t forget to work backward. What steps will you need to take to achieve your goals? There are so many different options available when it comes to real estate. Think about which path you’d like to take and what outcomes you are looking to achieve.

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Final Thoughts

By starting with the right ideas, you can set yourself up for success by thinking about the necessary actions that you will need to take to begin investing in real estate. Thinking about educating yourself, understanding your finances, and developing your goals is a great place to start when beginning your journey towards investing in real estate. Take action today and start thinking through the suggested ideas or to begin your journey.

Joe Arias and his partners have flipped hundreds of properties in the Southern California Region. He has developed cutting-edge systems to simplify and scale the entire remodel process that can easily be applied to flipping, rentals, wholesaling, and other passive income strategies. More recently, Joe founded a real estate investing education company called RealSuccess Investments, allowing him to share his tools and systems with hundreds of up-and-coming investors. 

RealSuccess is focused on education on flipping, rentals, passive income, and wholesaling.

Joe is also a best-selling author. He has written 4 books: Finding your RealSuccess, First Steps to Flipping, R stands for Rentals and Retirement, and Wholesaling Real Estate.

“I came from Argentina when I was 20, I am 40 years old now. I didn’t know anyone, I am CERO generation, usually people say, I am first or second generation but I was the one that crossed the border, no language, no friends, no family, no money, nothing, nada… If I can do it, anyone can.”

From a young latino immigrant  to a celebrated real estate investor, Joe is a true testament to hard work and discipline. As an investor, he has made it his mission to help others achieve financial freedom while enjoying living a life of passion, fulfillment, and empowerment.

RealSuccess Website

www.ourrealsuccess.com

Personal Instagram: 

https://www.instagram.com/joeariasinvestor/

Real Estate Investment- Instagram: 

Instagram: https://www.instagram.com/realsuccesseducation/

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AI-Powered Chatbots for Real Estate Agents

9 Best Real Estate Chatbots & How to Use Them Guide

chatbots for real estate agents

They can focus on building relationships with clients and closing deals, all while our chatbots handle the administrative workload. Intelligent chatbots in the Contact Center provides personalized recommendations to the customers, automates answering customer questions and hands customers to the relevant agent. Roof.ai is an AI/machine learning chatbot or virtual assistant for real estate agents. The services provides chatbots for capturing, qualifying, and routing leads to agents on your team.

There are many benefits to adding a real estate chatbot to your website. According to Intercom, Chatbots can increase the sales volume of a business by up to 67%. Since a software program can engage many website visitors, it’s worth exploring the possibility of adding a chatbot to your website.

chatbots for real estate agents

In the current times, the real estate sector is reeling under the pressure of increasing competition and the volatile state of markets. In all of this, the only way to make sure your real estate business survives and thrives is by ensuring effective communication. Not all platforms are the same so it’s important to go into this knowing exactly what it is you’re looking for in the real estate chatbot platform you choose. Make sure it includes all of the required features for your chatbot and that it falls within your chosen budget. Real estate agents are using AI to enhance customer experiences and streamline operations.

If you’re on a tight budget, implementing chatbots and virtual assistants can significantly reduce your operational costs. Using AI in real estate for routine automation, you can allocate resources more efficiently and reduce the need for extensive customer service teams. Also, Artificial Intelligence makes their work easier too, since they don’t have to spread their efforts and can concentrate on pressing issues. Artificial intelligence (AI) blasted into our daily lives in a flash, and the real estate industry is feeling the aftershocks.

Some features like messaging are included in nearly all real estate chatbots. Other features such as real estate chatbots that make use of AI can be quite costly. Collecting customer reviews helps businesses understand the strengths and gaps in their strategies.

Top 9 AI Chatbots for Realtors

With just a single click, you can connect Facebook Messenger to your website and start engaging leads right away. Engati is already a hit in the real estate scene, and for good reason. It lets the AI handle the chatbots for real estate agents easy stuff, while making it a breeze for you to jump in and add that personal touch when needed. Your clients will be blown away when they realize you’ve essentially given them their very own AI concierge.

You have to be a sales representative, market your brand and listings, and keep your clients satisfied. You also have to be available to their clients at nearly any time of day to make sure an offer gets in or to close the deal. With the popularity of AI chatbots, many agents are turning to a real estate chatbot to relieve their overwhelming workload, capture leads, and drive efficiency.

Your prospects can get the quick hits they crave without ever having to leave the conversation. If you wish to modify any messages the bot sends during the conversation, click on the relevant node. If you’re curious about the chatbot’s appearance, you can look at the story of your ChatBot. If you’re paying once a year, RealtyChatbot will run you $119 a month with a $195 setup fee.

Your real estate chatbot can personalize the experience by showcasing listings in suitable neighborhoods, highlighting family-friendly amenities, and even suggesting mortgage options. This personalized approach fosters stronger connections with qualified leads and increases their satisfaction with your services. With our virtual assistants for real estate professionals, agents can rest easy knowing that their routine tasks are being handled efficiently and effectively.

Decoding PropTech to Elevate Your Business Operations

It has lots of features specifically designed for use with this platform. Real estate agents will find it particularly easy to set up Facebook marketing campaigns. You can make use of Messenger chats and speak with clients to find out their needs. It’s important to keep in mind that customization options are very simple at the basic pricing level and some features may not be available. That can be a huge drawback for some busy offices and clients expecting immediate service.

That all helps increase potential revenues and decrease your overhead. For example, if you have a large office, you’ll want to make sure clients are directed to specialists in commercial real estate or those who work with local residential buyers. In this article we explore  the top 9 use cases of chatbots in real estate to show their full potential for the real estate companies. By automating critical aspects of communication and data management, they are not just tools but pivotal partners in enhancing the efficiency and effectiveness of real estate services.

With Freshchat, you get a platform that understands the unique demands of the real estate industry and offers tailored solutions to meet those needs. From engaging potential buyers to assisting in property transactions, Freshworks is equipped Chat GPT to elevate your real estate business to new heights. This chatbot serves as the first point of contact for clients, answering questions about property listings, providing transaction updates, and even assisting with the documentation process.

Master Tidio with in-depth guides and uncover real-world success stories in our case studies. Discover the blueprint for exceptional customer experiences and unlock new pathways for business success. AI for realtors is not just a passing trend; it is a transformative force that is reshaping how real estate professionals operate and how clients engage with the market. This trend is reshaping how properties are marketed and experienced by potential buyers. AR allows potential buyers to visualize properties in a more immersive way.

As customer expectations evolve, so must the technology used to meet them. Chatbots for real estate agents are revolutionizing the industry, providing innovative solutions that enhance client interactions and improve overall efficiency. At Floatchat, we understand the importance of staying at the forefront of these developments, which is why we offer cutting-edge chatbot solutions for the real estate industry. Structurely is an innovative AI conversation tool specifically designed for real estate agents to enhance lead qualification.

When users consistently receive quick, accurate, and helpful responses, they develop trust in the brand’s ability to meet their needs. This trust enhances customer satisfaction, fostering loyalty and encouraging users to return for future inquiries or transactions. Based on the collected data, the chatbots can provide personalized property recommendations that match the user’s search criteria. As mentioned, real estate chatbots can analyze user preferences through interactive conversational interfaces. This enables them to gather information on location, budget, property type, and preferred amenities.

At the same time, this one is one that can provide highly superior customer service. People who feel they are giving good service are likely to work with your business. Many real estate agents like it because https://chat.openai.com/ it has over a hundred customizable templates specifically for the use of real estate agents. Real estate agents can use it for actions such as screenings for rentals as well as property valuation.

Collect.Chat has a free version and several packages with the most expensive being $99 per month. Leads who are very close to a transaction might actually welcome eager salespeople reaching out to get the ball rolling, but top-of-the-funnel and mid-funnel leads aren’t quite there yet. Because they’re still at the education and research stage, they just want general information. That’s why top-of-the-funnel leads can be shy about giving their contact info. Chatbots in the finance and banking sector have received an equally mixed reception among customers. In spite of this, their usage is expected to increase tenfold between 2020 and 2030 at a 25.7% compound annual growth rate.

Here are key insights into integrating chatbots into your real estate workflow and a guide to setting them up. It’s especially useful for real estate professionals looking to enhance online engagement without delving into complex coding. Tailored with lead capture features and robust integration capabilities, it serves as a valuable tool in the dynamic world of real estate. They can track visitor interests and activity, which helps you improve your site and identify gaps in messaging or marketing. That’s why determining what the bot will do and what platform best supports those functions is an important step to implementing a great automated chatbot solution.

This chatbot platform automates the majority of brand interaction with intelligent solutions to consumers’ queries. The best part about it is that this platform is easy to implement and easy to scale. Chatbots in real estate offer numerous benefits, including 24/7 customer support, efficient lead qualification, personalized client interactions, and automation of routine tasks. This leads to improved customer satisfaction, increased efficiency, and higher conversion rates. In the fast-paced real estate market, timely responses to client queries can make a significant difference.

Thanks to audience segmentation, the texts are personalized to cater to specific buyer personas, making your content more engaging. What’s more, the algorithms can perform SEO optimization to enhance visibility and improve the chances of the property being found online. For example, identify relevant keywords and phrases that potential buyers are likely to search for.

It offers various plans, simplifying data access and analysis from customer chats. Optimized for mobile, it includes a free option so you can test it before investing. Its drag-and-drop builder lets you easily create your funnel, and the meeting booking tool helps connect with leads. If you’re trying to increase website engagement through site improvements, analytics, and targeted marketing but aren’t meeting conversion goals, a chatbot could be the solution. You can pique the interest of your prospects by giving a quick virtual tour through real estate chatbots.

This is a chatbot at its most customizable—so much so that it looks like a natural extension of your branded site and social media. The out-of-the-box templates are helpful for real estate leads (even though Tidio is not specifically designed for the real estate industry) and it’s easy to create your own. I also like the thoughtful analytics and reporting, which make it easy to see what’s working and what’s not. Tidio is easily one of the top options on our list and a strong alternative to Freshchat. Website and social media bots are a great way to target potential buyers in the real estate market. By integrating chatbots with marketing automation software, you can create custom target lists of people who are most likely to be interested in purchasing a home.

chatbots for real estate agents

As scary as it may be to embrace something new, AI tools are an invaluable resource for real estate agents, with unique functionalities that can enhance and support many aspects of your business. From refining lead generation and enhancing property valuations using insightful data analysis to streamlining transaction management, AI empowers agents to operate at their optimal best. Community features such as how walkable a neighborhood is can be programmed into the AI and used for each neighborhood.

These AI-driven systems provide instant, round-the-clock responses to client inquiries, ensuring potential leads are engaged the moment they show interest in listing or buying a home. Our team of experts is committed to developing chatbot solutions that meet the high standards of the real estate industry. With automated chat solutions, chatbots for real estate agents can improve their response times and provide instant communication to clients. For instance, when a client asks for property information, the chatbot can immediately respond with relevant details, saving agents substantial time and minimizing delays in communication. With chatbot automation for the real estate industry, agents can streamline their sales and marketing efforts and enhance their overall customer service. Contact us today to learn more about how our chatbot solutions can help you revolutionize your real estate business.

AI-powered chatbots are able to provide personalized recommendations, understand natural language, and handle complex queries, assisting real estate professionals in their day-to-day operations. At Floatchat, we are dedicated to providing cutting-edge chatbot solutions specifically designed for the real estate industry. Our advanced technology enables automated and intelligent conversations, streamlining communication processes and enhancing productivity for real estate professionals. As a no-code chatbot builder specifically for real estate agents, Landbot enables the creation of custom chatbots in under 30 minutes. It offers a wide array of templates specifically for the industry, WhatsApp automation, and integration with property management systems. It features customer engagement tools and the ability to connect to existing applications via webhooks and APIs.

And while it’s an effective chatbot that many agents like and use, it doesn’t have the robust AI features of a Tidio, Structurely, or Freshchat bot. We’ll be watching to see if it can continue to innovate in an ever-changing AI field. Previously MobileMonkey, Customers.ai’s new ownership and brand is talking a big, bold, very vague AI game. I’m going to keep an eye on it to make sure that a rebrand isn’t a sign of potential messiness or lack of vision in the future. I’m also hoping to see better native integrations and higher levels of customer service. MobileMonkey had a kind of cult following so we’ll see if Customers.ai can keep loyal customers happy.

The Most Powerful Guide on Real Estate Chatbots

Our intelligent chat systems for realtors can provide accurate property recommendations, making the search process easier and more efficient. You can foun additiona information about ai customer service and artificial intelligence and NLP. ChatBot AI Assist is the latest version of ChatBot designed to enhance your customer experience. It’s not just for customer support agents but also a significant advancement in artificial intelligence tools for marketers and sales. This updated chatbot has several features that will improve customer interactions and make it easier for businesses to provide excellent service. Tars is a customer service chatbot that helps businesses communicate with their customers.

  • Landbot is a user-friendly chatbot builder designed to create live chat widgets and conversational AI landing pages.
  • The cheapest tier begins at about $200 a month and goes up from there.
  • Roof.ai is an AI/machine learning chatbot or virtual assistant for real estate agents.
  • It is a system of interconnected devices and appliances that you can remotely control and monitor through a smartphone or a centralized hub.
  • The platform offers detailed analytics, is easy to install, has various price options, and has 21 pre-built chatbot themes.

Real estate chatbots are a big part of increasing conversions and growing your business online—but they’re just one part. To explore more expert marketing solutions that can help you increase your visibility, convert more leads, and build your brand, schedule a free strategy call with our team today. Features include automated messaging, a variety of tools, numerous online resources, and marketing and sales automation. Made for the real estate industry, askavenue offers chatbot-assisted lead qualification and routing. Features include saved messages for quicker replies, reminders for schedule management, and chat transcripts.

Chatbots simplify this by allowing clients to schedule visits at their convenience directly through the chat interface. They present available time slots, handle rescheduling requests, and even send reminders, ensuring both clients and agents are on the same page. Chatbots bring properties to life through virtual staging and visualization tools. They offer interactive virtual tours, allowing clients to explore properties in vivid detail from the comfort of their homes. This feature is particularly beneficial in today’s digital-first world, where many clients prefer to shortlist properties virtually before visiting in person.

Just because you don’t get exactly what you want initially, don’t give up. It takes a bit for Chat to get to know you, but it will learn how to deliver over time and with continued use. It can give you plenty of ideas, a schedule, and even some prompts to help you write.

With the most common questions handled by a bot, you can focus on finding your clients their perfect home. Chatbots can also help you schedule appointments or book viewings with clients and other agents. Or use a real estate chatbot to collect contact info and send clients recommended listings.

  • The cost savings are substantial, with chatbots potentially speeding up response times and thus reducing customer service expenses by up to 30%.
  • They present available time slots, handle rescheduling requests, and even send reminders, ensuring both clients and agents are on the same page.
  • Engati is a chatbot platform that serves as a virtual agent in the real estate industry, capable of engaging multiple stakeholders like buyers, renters, and sellers efficiently.
  • It can help you save time and money by automating tasks that would otherwise be done manually.

We are constantly developing and improving our chatbot solutions to meet the needs of the ever-evolving real estate industry. This is a good option if you don’t know much about how chatbots work. It’s also a good option if you do a lot of marketing on social media. Many agents also find it very easy to customize the chatbots to their specific needs. It’s one chatbot that you’ll only want to use if you have some very basic programming skills.

For real estate businesses, large or small, this means staying ahead in a competitive market where speed, accuracy and personalized service are critical to success. A real estate chatbot can serve as your virtual agent and connect you with multiple buyers, tenants, and sellers simultaneously. The chatbot provides personalized offers to users interested in renting or buying real estate and collects their contact details. It can also streamline the rental listing process by qualifying potential customers interested in further cooperation. Chatbots can deflect up to 70% of incoming queries by offering easy access to self-service.

They communicate with each other, collect data, and perform automated tasks, greatly enhancing convenience, security, and energy efficiency in residential properties. Such solutions combine Artificial Intelligence with traditional property management practices. In real estate, where every decision can make or break a deal, the pressure to stay ahead of the curve is daunting.

Such a self-service option saves time and resources compared to traditional in-person tours, while still providing a compelling and informative overview. Chatbots are transforming the real estate industry, providing real estate agents with innovative solutions to enhance their sales and client interactions. At Floatchat, we are proud to be at the forefront of this technological revolution, providing advanced chatbot solutions specifically tailored to the needs of real estate professionals.

It’s Time to Get a Real Estate Chatbot: 7 Ways to Use AI Chatbots to Help Clients Find Their Dream Home

While ChatGPT might be making headlines, the true killer apps of the AI revolution will add the technology to software that agents already know and love. While the strategic AI chatbot benefits and effective ways of application are obvious and undeniable, navigating the development process requires careful consideration. In this crucial phase, choosing the right technology vendor becomes paramount to ensuring seamless integration and maximized impact. A global survey by Deloitte revealed that over 72% of real estate owners and decision-makers are just planning or already actively investing in artificial intelligence. This forward-thinking approach underscores the industry’s recognition of AI’s transformative power. And if you are interested in investing in an off-the-shelf chatbot or voice bot solution, don’t hesitate to check out our data-driven lists of vendors for chatbots and voice bots.

chatbots for real estate agents

With an increasing number of customers demanding quick responses, as 43% of CX experts highlighted, real estate chatbots emerge as the ideal solution for immediate query resolution. They are pivotal in reducing response and resolution times, and catering to clients seeking quick and effective answers. As we look towards the future of real estate, the role of AI chatbots stands out as a critical factor in empowering agents and satisfying clients. These digital assistants are not just tools; they are partners in creating a more connected, efficient, and client-friendly real estate landscape. Embracing AI chatbot technology means stepping into a future where every client interaction is personalized, every lead is nurtured with care, and every transaction is streamlined for success. Consistent follow-up is crucial in real estate, yet it can be time-consuming.

How to choose the best real estate chatbot platform for your business

This template is specifically developed to meet the unique needs of the real estate industry, encompassing a range of capabilities. These features aim to empower real estate companies by offering a one-stop solution for engaging customers and streamlining their real estate business processes. These virtual helpers simulate real-life conversations with users through text or voice, providing immediate responses to inquiries. They handle a variety of tasks, ranging from answering FAQs to guiding people through complex processes to solve their issues. In real estate, these AI-driven tools facilitate communications between agents and clients, making interactions more efficient and impactful.

It’s one of the most universal all-in-one customer service, and marketing automation solutions. If you are looking for a free chatbot for real estate, it’s a great starting point. Chatbots are commonly used in customer service to provide automated responses to customer questions. In real estate, this can mean answering questions about properties or the sales process.

Additionally, chatbots can help your real estate agents keep track of potential leads and customers. FAQ or property management chatbots have the potential to revolutionize your business. Chatbots and enhanced customer interaction tools offer real estate agents a significant advantage by changing how they connect with clients.

How AI is reshaping real estate – CREB

How AI is reshaping real estate.

Posted: Thu, 29 Feb 2024 08:00:00 GMT [source]

It’s like having a personal genie that grants your every wish when it comes to lead engagement and customer support. Hands down, Ylopo AI (formerly rAIya) takes the crown as the best overall pick for realtors. This AI powerhouse is a true virtual assistant that’s custom-built for the real estate world. As the tech keeps leveling up, chatbots can handle increasingly complex convos. While you’re out there hustling – showing houses, negotiating deals, drowning in paperwork – your AI chatbot is engaging leads nonstop by text.

The AI revolution in real estate: Transforming estate agents’ business practices – Bizcommunity.com

The AI revolution in real estate: Transforming estate agents’ business practices.

Posted: Tue, 21 May 2024 07:00:00 GMT [source]

Then when a lead’s ready to roll, the bot connects them straight to you. Join the ChatBot platform and start your free 14-day trial to see if the tool suits you. You can sign up using your email, Facebook account, Microsoft account, or Apple. ChatBot is one of the tools powered by LiveChat and functions within their app ecosystem. Learn why Wise Agent is still one of the most popular, highest-value CRMs on the market in our in-depth review of its features, strengths and weaknesses.

Categories of Real Estate Investment

By Joe Arias

The biggest mistake you can make when investing in real estate is believing there is only one way to invest. You probably have watched several shows on TV and assume the number one way to invest in real estate is a fix and flip deal. However, this is only one niche out of the many that allow you to invest in real estate and generate long-term wealth.

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Before going into detail around which categories are available to invest in within the real estate industry, it is best to start with writing down what your goals are. This will ensure you choose the right category that aligns with your level of risk tolerance along with your lifestyle. Some investments like fix and flips require more involvement on your part compared to other options like buying and holding rentals. Another factor to consider is your budget. Maybe you have heard of strategies involving no money down deals and those certainly exist. However, for the majority of investors, you will most likely require some kind of funding towards your first deal. Based on criteria set by your goals, lifestyle, and budget, you can choose from a category that matches your tolerance for investing.

A final note when considering investing in real estate. Don’t leave everything up to the experts. Here at RealSucces we highly recommended that you take the time to educate yourself on how to invest in the category you choose. Do the homework first while saving capital to begin and you will be well-positioned to begin your journey towards creating long-term wealth through real estate.

Invest in REITs – Real Estate Investment Trusts

Wonder how you can take a more liquid position in a real estate investment without worrying about or owning a physical property? A REIT is a low barrier way to begin your journey into investing in real estate. REITs are easily bought like stocks and available on the New York Stock Exchange or NASDAQ. You are buying into companies that own real estate such as residential, commercial, and industrial based properties. Simply use your existing brokerage account or a new one to purchase REITs and earn income in two ways. First, REITs pay a high dividend compared to traditional blue-chip stocks. Second, like a stock, the value of the REIT share can go up which you earn money through appreciation.

Buy and Hold Rentals

Most outsiders associate that being a landlord requires answering the midnight call to unclog a few toilets and criticize that tenants hardly pay rent. That couldn’t be further from the truth. First of all, if you set up your investment correctly, you never have to worry about this at all. You can simply hire a property management group to take care of managing your tenants. Oh and worried about bad tenants? You shouldn’t be. You are the one who gets to vet and filter through who you believe should be best placed in your investment property. Unless of course, you allow your property manager to do it for you. You are given financial records, references, and can request additional information to best vet through the right tenants. Investing in long term rentals is a great way to generate cash flow that can pay for many of your expenses.

Fix and Flips

The traditional fix and flip investment is the most commonly referenced way to invest in real estate. Yes, this requires more of your upfront effort but when you sell the home, you can pocket several thousands of dollars that make it all worth it. While businesses are built on the fix and flip model. Just do your research and see if this approach aligns with your level of involvement you’d like to have in your investment.

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There Is More!

Three of the many ways to invest in real estate have been mentioned but there are so many more creative ways to invest. Short-term AirBNB rentals, rent by the room, online real estate platforms, hard money lending, and so many more creative categories exist when investing in real estate. At RealSuccess we give you the tools you need to achieve your goals. The most important thing to remember is to write down your goals and align with the investing strategy that works with your lifestyle and needs.

Joe Arias and his partners have flipped hundreds of properties in the Southern California Region. He has developed cutting-edge systems to simplify and scale the entire remodel process that can easily be applied to flipping, rentals, wholesaling, and other passive income strategies. More recently, Joe founded a real estate investing education company called RealSuccess Investments, allowing him to share his tools and systems with hundreds of up-and-coming investors. 

RealSuccess is focused on education on flipping, rentals, passive income, and wholesaling.

Joe is also a best-selling author. He has written 4 books: Finding your RealSuccess, First Steps to Flipping, R stands for Rentals and Retirement, and Wholesaling Real Estate.

“I came from Argentina when I was 20, I am 40 years old now. I didn’t know anyone, I am CERO generation, usually people say, I am first or second generation but I was the one that crossed the border, no language, no friends, no family, no money, nothing, nada… If I can do it, anyone can.”

From a young latino immigrant  to a celebrated real estate investor, Joe is a true testament to hard work and discipline. As an investor, he has made it his mission to help others achieve financial freedom while enjoying living a life of passion, fulfillment, and empowerment.

RealSuccess Website

www.ourrealsuccess.com

Personal Instagram: 

https://www.instagram.com/joeariasinvestor/

Real Estate Investment- Instagram: 

Instagram: https://www.instagram.com/realsuccesseducation/

Video For Finding Money from All Day Training (10 Hour Seminar)

https://vimeo.com/manage/videos/528446162

1 Hour Webinar

https://vimeo.com/manage/videos/530996751

Amazon Book#1:

Amazon Book#2

Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.

What Makes Housing “Affordable”?

By Kristen Uitto

Providing affordable housing options to families remains a high priority among government and business leaders, especially as the cost to own an average size home continues to rise. Being able to provide affordable housing options to people boils down to planning, design and construction costs, all of which can be reasonably addressed and resolved with a well-planned approach. And as more communities and towns look for ways to help their citizens afford a place to live, there are some smart ways to save on costs while designing and building residences that people will be proud to call “home”.

80/20 Rule

Eighty percent of an affordable housing development can be standardized, meaning that the individual units adapt a repeatable design to save on planning and construction costs. With these savings, more money can be spent on the remaining 20 percent of the development which includes amenities, entry ways, lobbies, courtyards, and many of the common areas that enhance the quality and appearance of the development. The remaining 20 percent is where the magic happens from a design and construction perspective and can truly elevate the appeal of a development.

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Efficient Design and Construction

By designing efficient and repeatable floorplans for individual units, an affordable housing development can save money, avoid problems during construction and shorten the learning curve for future developments. This streamlined approach to design should also take into account the types of materials being used for the construction of the development. Durable materials and a simple palette will contribute to a more favorable bottom line. These types of materials include brick, metal siding, fiber cement siding such as Hardie Board, all of which are cost efficient, easily constructable, easy to maintain and reuse and fire resistant for overall safety. The construction industry also provides efficient ideas such as prefabricated and modular construction solutions.

Smart Site Selection

Finding the best site to build on is a critical first step in developing and building an affordable housing community. Doing so will help to avoid delays and costs associated with the entitlement process. For example, the land should have ready access to existing municipal services so nothing new needs to be installed or accounted for (urban infill sites are ideal for this requirement). The land itself should have a level topography (no sloping) to avoid unnecessary design and construction challenges. It should also have good, clean soil (without any brownfield contamination that would need to be excavated and hauled away). Proper drainage is also key to avoid costly issues with ground water and flooding.

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Proper Scale

An affordable housing development can more easily attain its goals (in terms of development, design and construction costs, as well as the pricing of homes) with larger projects providing in the range of80-120 units. Projects can achieve economies of scale by increasing production efficiently and spreading the costs over a larger number of repeatable units. Also, a good site can also yield better results when less of the budget needs to be spent on horizontal construction, such as utilities, site access, and grading.

Creative Funding Sources

As the affordable housing crisis continues to be a focal point, more funding sources and support are becoming available, but it does take effort and time to identify and secure them. Some of the readily available sources include federal tax credits, State programs, local level programs and grants. Most affordable housing projects we’re involved with are funded by multiple sources including some private investors.

Overcoming Obstacles

Unfortunately, there is still some NIMBY pushback to affordable housing development. There are also examples of residential developers, often targeted as entities only interested in making-a-buck, who want to include quality affordable housing options in their overall development plan but are stalled due to public resentment and barriers to getting projects approved. In our experience, robust community engagement and outreach can make the difference in a project that gets built and one that fails.

With increased costs and higher interest rates, stagnant salaries and weaker earning power within family units, and inflation affecting everyone’s budgets, affordable housing is an ever-growing need in modern society. It is a need that must be addressed by identifying the most efficient ways to develop, design and build housing that people can afford. A “we’re all in this together” mindset by all stakeholders is necessary to bring more housing to fruition.

Kristen Uitto , Principal Architect, Caddis Collaborative
Architecture, Urban Design and Planning

Realty411’s State of the Market & Investing Summit – The Latest REI News & Insight

Discover the Latest Insight, News and REI Strategies at Realty411’s State of the Market & Investing Summit in Southern California – Network with Sophisticated Investors from Throughout the Nation!

Welcome to Realty411’s STATE OF THE MARKET & INVESTING SUMMIT being held on Saturday, August 3rd in Los Angeles, California. Join us at the Four Points by Sheraton Los Angeles Westside in Culver City to learn real estate investing with experienced investors who have purchased properties both locally and throughout the United States. Most of our educators have decades of personal experience in real estate investing.

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Hosted by Realty411.com, which is owned by an experienced 22-year licensed real estate agent, REALTOR®, and accredited investor. Based in Santa Barbara County, Calif., she has owned income properties in five states so far. Her mission is to inspire as many people as possible so they too can change their financial lives by carefully investing in real assets. So far, Realty411.com has reached tens of thousands of investors, online and in person — all across the nation.

RSVP Today – Secure Your Seat Now!

https://www.eventbrite.com/e/904961794087?aff=oddtdtcreator

Tickets for Realty411’s new in-person STATE OF THE MARKET & INVESTING SUMMIT in Southern California are limited due to space, so please RSVP today to secure your seat for the educational portion of this event. Our special one-day conference will host incredible educators from around the country, who are ready to share their valuable insight with our guests.

Network with exhibitors, sophisticated investors from throughout California as well as from around the country. If you are serious about personal finance, even if you are new to real estate or are not yet ready to buy a property, join us to learn about the current and prospective market. In addition to real estate, this event will lay the foundation for your personal finance journey.

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RSVP Today – Secure Your Seat Now!

https://www.eventbrite.com/e/904961794087?aff=oddtdtcreator

Pencil in this date now and join us in person to gain specialized insight and knowledge. The information shared on this SPECIAL day could catapult your portfolio to new levels. Discover our real estate publications, our VIP perks, plus connect with savvy industry professionals.

Resources & Learning with Top REI Leaders, including:

  • Christoph R. Malzl, Land Voice
  • Jake Morse, Land Voice
  • Rick Tobin, Real Loans
  • Alton Jones, Rehab 2 Riches
  • Jeremy Rubin, Friendly Flipper
  • Christopher Meza, Real Titan Acquisitions
  • Rusty Tweed, TFS Properties
  • Barry Duron, Alt Lender Mortgage
  • Jim Edenfield, Invest Success
  • Tim Emery, Invest Success
  • Alex Haiek, American Financial Lending
  • Nicole Daeila, MAG Capital Partners
  • Eric Tran, Universal Commercial Capital
  • Izzy Sadzakov, Universal Commercial Capital
  • Linda Pliagas, Realty411.com
  • Anthony Patrick, New Harvest Ventures
  • Paul Wilkins, Approved Inheritance Cash
  • Scott Mednick, OC Forum
  • And Many More! Don’t miss it…

Don’t miss this amazing opportunity to learn directly and network with others who are also making their REI goals come true. If you are truly interested in building passive income and learning real, proven strategies that our educators implement for their success, then RSVP today:

https://www.eventbrite.com/e/904961794087?aff=oddtdtcreator

See YOU at Realty411’s STATE OF THE MARKET & INVESTING SUMMIT — please bring plenty of business cards. Grasp this opportunity to connect and learn from top investors from around the nation. Be sure to upgrade as a VIP Guest to join us for a delicious lunch as well. VIP guests will enjoy lunch with our speakers, staff and readers.

Colorado Christian University Nearing Culmination of $170 million of New Facility Construction, with Another $45 million on the Horizon

The Christ-centered University is a leader in higher education, ranked in the top two percent of colleges nationally for its core curriculum

Yetter Hall

Colorado Christian University (CCU) – ranked in the top two percent of colleges nationwide for its core curriculum and named one of the fastest-growing universities in the United States – is continuing to meet and exceed the needs of its student body with the culmination of $170 million worth of new facility construction nearing completion. The five facilities include Leprino Hall (an academic building named for Terry Leprino), Yetter and Rockmont Halls (apartment-style residence halls named for former University President Archie Yetter and a heritage institution), the Anschutz Student Center (named for Philip Anschutz), and the soon-to-be-completed Armstrong Center (named for former Colorado State Senator and past CCU President Bill Armstrong).

Leprino Hall
Rockmont Hall 1
Anschutz Student Center

The newest addition to the campus, the Armstrong Center, continues to highlight CCU as a world-class training ground for future business, church, and world leaders. The 60,000 square-foot, state-of-the-art facility will allow the school of music to return to CCU’s main campus, house an expanded library, feature a 500-seat performance theater, and will be home to the University’s first dedicated chapel.

Armstrong Exterior Rendering Front Entrance
Armstrong Exterior Chapel Rendering

In addition to the new additions to the Rocky Mountain Region’s flagship Christian university, another $45 million worth of new construction is anticipated in the coming years. The projects will include a new science and engineering building and new athletic facilities.

“Colorado Christian University is providing an alternative to ‘elite’ colleges and universities, especially as we continue to attract students and families who want to become part of a university that stresses leadership and innovation ahead of social agendas and ‘groupthink,’” said CCU President Eric Hogue. “Our new facilities provide our student body and staff with a campus that not only helps them to achieve their personal and professional goals, but equips them to impact the world with grace, truth and moral clarity. A majority of Americans say that higher education is failing students, not developing them. CCU is the alternative to that opinion.”

Founded in 1914, Colorado Christian University is the flagship Christian university in the Rocky Mountain region.

More information about Colorado Christian University is available at www.ccu.edu.

Media contact: Paul Suter, Suter Media Relations

720-771-9093 or [email protected]

Webinar Invitation: Discover the Fastest Path to Cashflow Without Using Your Money or Credit

How To Buy As Many Cashflowing Properties As You Want In This Once-a-Decade “Perfect Storm” Using Skills, Strategies, and Funding That No One Else Has Access To…

–> Save your seat here.

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You can either…

Wonder what happened

Watch what happened

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MAKE THINGS HAPPEN.

Clear your calendar and claim your seat to learn these skills ripe for this opportunity.

And get ready for the time of your life…

Helping people that really need your help.

Rewarding on so many levels…

Are you ready?

I can’t wait! Bring your toughest questions, and let’s do this thing.

Save your seat here now…

https://us06web.zoom.us/webinar/register/WN_EqfdlAuET520gaoR1SnGFg

See You there,

Realty411 Team

805.693.1497 – [email protected]

Since 2007, Realty411.com has assisted top companies expand their visibility and grow their business. Contact us for a complimentary marketing session. Investors, do you have questions about real estate investing? Are you looking for a turnkey rental? Need a solid REI referral?
Book a meeting with a Realty411 team member: CLICK HERE.

Focus on Developing a Successful Commercial Sign System

By Mallory Lynn,
Marketing and Social Media Manager, Signarama Brighton

An established and well-thought-out brand and signage plan is key to any commercial or multifamily property that wants to get the right attention. Helping customers better understand and navigate all that’s available to them should be top of mind.  To execute this vision, build a team of experts with proven track records that will align with your goals.

When it comes to a comprehensive sign package, there are many components to be aware of that should be included in your plans to make your facility cohesive.

Think exterior before interior with Building Signs and Monuments

Individuals have to be able to find the business before they can enter it. Monument signs are strategically placed at the entrance of a property or business. They are free standing signs, which are permanently fixed to the ground by a solid base. Being intentional with the design and layout of the monument is important because it creates a distinctive first impression.

Exterior building signs come in many shapes and sizes. What type of sign you can have on your building is contingent upon your lease and the sign code. These signs brand your business, giving it a sense of permanence. They need to be large enough to be seen from a distance and are often illuminated.

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Make it organized with Directional, Room and ADA Braille Signs

Directional signs organize the flow of foot-traffic in multi-tenant buildings or campus environments. These signs need to easily and clearly direct visitors to their desired locations.

American Disability Act (ADA) signs (often referred to as “Braille Signs”) provide the visually impaired the ability to read the information provided on the signs through raised tactile symbols, text, and braille. Commonly seen on Restrooms, these signs are now being required for elevator maps, common areas, individual offices, and more.

Set the tone with Interior Branding

Branding your name and logo throughout your interior space will make a memorable statement. With your logo being the first thing people see, your high level of professionalism is felt and subconsciously begins to build trust. From dedication plaques to dimensional logos, there are limitless options in making a brand pronounced.

With countless sign companies to choose from, it can be a daunting task to find the right partner with the right capabilities for your vision. Be strategic when selecting the creative team that is going to represent your brand.

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Reputation

When researching sign companies, it is essential to look through their completed job photos. Do they work with clients similar to you? Don’t just rely on websites. Make sure you scope out their social media platforms and check the reviews on Google or Facebook. You’re not only seeing what the good reviews say, but also how the company responds to bad reviews. Circumstances can arise in custom-built industries, so it is important to assess how a company deals with conflict.

Communication

Communication is key in so many aspects of business, especially when you are working with a vendor that has to coordinate not only with you, but also with other vendors and potentially the city. It can be hard to evaluate how a company communicates without working with them, but there are a few ways to gauge how information flows right from the start: How responsive were they to your original request? Is the team friendly and patient when asking questions? Did you receive your estimate in a timely manner? Does the estimate thoroughly describe the scope of work? These simple questions will help you to understand what being their client is all about.

Capabilities

Working with a Sign Company that has the ability to produce many different types of signs and offers multiple services will alleviate the need for more contractors to get involved in the project. Consider if the company offers project management and permitting services. Does the sign company provide installation or maintenance services? Assess whether the sign company provides graphic design services. Design can play a large role in simplifying the process and bringing the project to the next level.

Experience

When a proposal sounds too good to be true… it usually is. Look at their previously completed signs, if the paint is fading, the vinyl is peeling, or the faces are falling apart the quality and know-how are just not there. It requires industry-specific knowledge in best-practices to build lasting displays. Work with a team that has experience in your industry and has a proven track record of providing guidance and quality work.

Mallory Lynn is Marketing and Social Media Manager with Colorado-based Signarama Brighton, a woman-owned company with over 17 years of experience in the sign industry.

HOW TO MAKE MONEY IN REAL ESTATE

By Joe Arias

Real estate is one of the best investment vehicles in the world to make money. The versatility of real estate truly provides an opportunity to invest in a variety of different ways. No matter your background, experience, or financial situation, there is a way for anybody to get started in real estate today.

Why invest in real estate? Did you know in the last two centuries, over 90% of the world’s millionaires have been created by real estate? When it comes to investing in real estate, there are multiple different ways for investors to make money in real estate. Examples include passive income through rentals, appreciation from property prices increasing, flipping, and so many more creative ways. No matter your style or risk tolerance, real estate will present a way to make money to match your goals.

Fix and Flip

One of the most common ways investors make money in real estate is through fix and flips. In a nutshell, the goal is to purchase a home in disrepair below market price, remodel and fix up the home, and then put it back on the market to sell for a hefty profit.

Savvy investors can scale their business to accommodate over 100 flips per year. The average gross profit from a flip is about $62,700. Multiply that by any number of flips and you can see why so many investors are interested in fix and flips. A best practice is to buy in appreciating markets where the forced appreciation from fixing the home can also ride the demand within the market.

When analyzing deals, you’ll want to use comparable homes to understand what the potential price can be of your fix and flip. Consider factors based on your market. In certain markets, the value of the home may judge more on the square footage of the home. In others, it depends on the renovations more than the square footage. Look for opportunities for improvement. Can you add a bathroom or bedroom?

Also, remodeling kitchens are more important than the actual bedrooms. Many different strategies go into a fix and flip. Just understand that ultimately, your knowledge of the market and your ability to secure a deal under the market will help increase your chances of completing a successful flip.

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Buy and Hold

Another popular way to invest in real estate is through buying and hold rentals. This involves purchasing a property to rent out either for the short run or long term. Through buy and hold real estate, an investor can generate passive income by collecting rent each month. The way you make money is when buying the property, your expenses should be lower than what you are renting for.

Anything in between your expenses and the rental rate is your profit. Let’s say you buy a house for $150,000 and your monthly expenses that include mortgage, taxes, and insurance equal to about $1,000. You rent the house for $1,300. The net cash flow that you collect is $300 a month after everything. That’s $3,600 a year just from one investment. Again, multiply that number by the number of properties you’d like to own, and that number grows rapidly. At the same time, if you have a mortgage on the home, your home, each money you are gaining equity as you pay down the principal. Another includes appreciation. Real estate typically grows at a rate of 3.0% or higher depending on the market.

Over time your initial investment will be worth more. For those investors interested in passive income, Buy and Hold is a fantastic strategy to make money in real estate.

REIT

If buying real estate directly is not your interest, another possible way to still take advantage of earning an income from real estate without owning is buying into a REIT. A REIT is a real estate Investment Trust. You can buy a REIT the same way you would buy a stock which makes it more appealing to some investors. Usually, publicly-traded real estate investment companies that buy different real estate assets are what makeup REITs.

The advantage of buying a REIT is that they offer a high rate of return in the form of dividends. Some REITs even payout monthly. It is not uncommon to find a REIT that pays out over 5% return in the form of a dividend. The cash flow these companies generate from their rentals is passed onto their investors.

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However, unlike stocks, REITs typically don’t appreciate the way that stocks like Apple and Tesla do. Be wary that if you are looking to double or triple your money, a REIT probably is not the solution for you. That said, if you are looking to park your money and generate some form of passive income, a REIT may be a type of real estate investing that you may want to take a look at.

One other benefit behind a REIT is the barrier of entry. The fact is, as long as you have an account to buy stocks and REITs on, you can buy individual shares of a REIT and slowly grow your account. This is great for beginners that are looking for some form of cash flow.

Where To Start?

If you want to make money in real estate, consider investing in yourself and doing what it takes to learn about real estate. Additionally, you’ll want to get your finances in order as that is critical when it comes to buying real estate. Look into the different ways to invest in real estate and see which approach aligns best with your lifestyle and risk tolerance. Not everybody has the time to invest in flips and manage a rehab. Understanding which style of investing matches your goals is important before getting started. Speak to a few experts and gain some additional insight. Before long, you too can be making money through real estate.

Joe Arias and his partners have flipped hundreds of properties in the Southern California Region. He has developed cutting-edge systems to simplify and scale the entire remodel process that can easily be applied to flipping, rentals, wholesaling, and other passive income strategies. More recently, Joe founded a real estate investing education company called RealSuccess Investments, allowing him to share his tools and systems with hundreds of up-and-coming investors. 

RealSuccess is focused on education on flipping, rentals, passive income, and wholesaling.

Joe is also a best-selling author. He has written 4 books: Finding your RealSuccess, First Steps to Flipping, R stands for Rentals and Retirement, and Wholesaling Real Estate.

“I came from Argentina when I was 20, I am 40 years old now. I didn’t know anyone, I am CERO generation, usually people say, I am first or second generation but I was the one that crossed the border, no language, no friends, no family, no money, nothing, nada… If I can do it, anyone can.”

From a young latino immigrant  to a celebrated real estate investor, Joe is a true testament to hard work and discipline. As an investor, he has made it his mission to help others achieve financial freedom while enjoying living a life of passion, fulfillment, and empowerment.

RealSuccess Website

www.ourrealsuccess.com

Personal Instagram: 

https://www.instagram.com/joeariasinvestor/

Real Estate Investment- Instagram: 

Instagram: https://www.instagram.com/realsuccesseducation/

Video For Finding Money from All Day Training (10 Hour Seminar)

https://vimeo.com/manage/videos/528446162

1 Hour Webinar

https://vimeo.com/manage/videos/530996751

Amazon Book#1:

Amazon Book#2

Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.

Join Us this Saturday for Our Virtual Summit

Did You Register for Our Virtual Investing Summit this Saturday?

Dear Investors,

We know everyone is starting to make plans for this weekend, so this is a friendly reminder about our online event. Did you have a chance to register for our Virtual Investing Summit being held this Saturday, June 22nd?

Our event guests can join us virtually and learn LIVE with top Real Estate Investing experts. These industry leaders are ready to share important knowledge, strategies and insight with you. Realty411.com is uniting them to assist our readers and guests in making the best educated real estate investment decisions they can in 2024, and beyond.

Our educators this Saturday include:
Chirstopher Malzl with Land Voice
Paul Finck, The Maverick Millionaire
Jonah Dew, The Money Multiplier
Jeremy Rubin, The Friendly Flipper
Hugh Zaretsky with Real Brokerage
Isidora “Izzy” Sadzakov with UCC
Linda Pliagas, Realty411.com
and more…

This Saturday’s special online Investor Summit will cover important and timely topics, such as:

  • real estate investing strategies,
  • lead generation for agents/brokers,
  • lead generation for real investors,
  • hard money lending,
  • rehabbing properties,
  • leveraging for wealth creation,
  • out-of-state property investing,
  • owning rental properties,
  • property management,
  • positive mindset tips,
  • 411 on other REI events,
  • and so much more!

You simply do not want to miss the opportunity to learn virtually in real time with our wonderful experts. Plus, this virtual event is interactive, which means our guests can ask as many questions as they wish after each presentation.

All of our educators have brand-new insight and information to showcase. The latest technologies, market news, and real estate strategies will be discussed — so be sure to register today.

We hope to see YOU at our LIVE virtual event this Saturday, 9 AM to 4 PM Pacific Time. Don’t miss the opportunity to connect with us and have all of your real estate questions answered in real time. See you soon…

LIVE & INTERACTIVE, CLICK BELOW


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Since 2007, Realty411.com has assisted top companies expand their visibility and grow their business. Contact us for a complimentary marketing session. Investors, do you have questions about real estate investing? Are you looking for a turnkey rental? Need a solid REI referral?
Book a meeting with a Realty411 team member: CLICK HERE.