Real Estate Solutions | Alex Pardo Blog | www.alex-pardo.com | Real Estate Rockstar

This blog post is focused around how to turn your “non-productive” time while driving to “put dollars in your pocket” time.

Ok so here’s the deal; Whenever you are in the car driving to wherever you are going, don’t take the same route you always take. Take the non-scenic route through different neighborhoods, and look for the following:

1. Vacant distressed properties (look for all the signs like over grown grass, boarded up windows, letters on door or window, over stuffed mailbox, etc…)

2. Rehab crews working on a property: Find the head contractor or crew chief and give him your business card. Tell him what you do for a living and ask if you can speak to the owner (and/or if he can put you in contact with him). Often times the owner will be an investor.

In addition, get the head contractors contact info as you might be able to use them in the future.

Key Tip: Follow-up is critical to your success as a real estate investor. If you are shy or afraid of following up, then you will have a hard time succeeding. Follow up until you get what you are after, or until they tell you to go fly a kite.

This is what we use to follow up (and it works)

3. For Sale By Owner and For Rent signs - Always Always Always call these signs and make offers! On the “For Rent” signs, ask the owner if he is looking for additional properties to buy. If he/she is, ask to put them on your email list!

Hope you enjoyed the post. Let me know what you think by commenting below.

Alex Pardo

BTW – Always look in the MLS or public records for all the CASH transactions that have closed in the past 3-6 months, and look for the zip codes that have the most investor activity. These are great neighborhoods to “Drive for Dollars” and look for the 3 things I mentioned above.

Here is a great program that we use to find all these cash buyers as well as give us seller leads to hook them up with

Ok so if you are an active real estate investor at some point you have used bandit signs to market for deals and/or buyers right?

Well have you ever been hounded by the “sign police” for ‘illegally’ putting your sign on the sign of the road or intersection? If you or someone on your team (hint hint) has at least put out 20 signs, you have probably received threatening phone calls to take down your signs or risk fines and penalties.

Well here is a unique way to avoid having to deal with the sign police, and still attract quality Cash Buyers for your wholesale deals:

***Put Bandit Signs in the Front Yard of Vacant Houses***

If the owner of the property calls you about the sign, just apologize and tell them you will take it down.

Note: They rarely ever call as they are distressed homes and either they don’t care, or they are long gone. If they do call, here’s a good idea: MAKE THEM AN OFFER!

Another tip is to ALWAYS call the # you see on bandit signs, as these can also be quality cash buyers (or sellers)

Hope you liked some of these tips.

Comment below and let us know what you are doing to find CASH BUYERS. Best tip gets a cool prize

Ask yourself these questions right now…

“What are you putting off for the future, that you can do today?”

“Are you spending time on things that do not matter, with people that matter?”

This short 5 minute video can really change the way you approach life from this day forward.

Comment below and let me know what you think of this video. What is the big ‘take-away’ you get from it?

I’m often asked “Alex, what is the key to success?” or “how do I accomplish my goals and not let fear get in the way?” and I usually answer those questions with a question…”How bad do you want to succeed?”

Stop for a second and think about that very simple question. “How bad do you want to succeed?”

Do you think you want it? Or do you REALLY want it?

In other words are you willing to sacrifice whatever it takes to get what you want? If the answer to that is ‘YES’ than prove it!

Actions speak a lot louder than words mi amigo so when you sweat blood and tears than you know you are well on your way.

I have been training Mixed Martial Arts now for about 6 months and have had the opportunity to work with pro fighters. I can tell you that the ones that succeed and are champions are willing to do whatever it takes to accomplish their goals.

So how does this apply to your life and your real estate investing career? Do you continue to educate yourself and buy every course under the sun, only to find yourself not doing anything with all the knowledge you have accumulated, or are you actually out their doing deals and cashing checks?

If you are not doing deals and making things happen then by now you should know why. You apparently don’t want it bad enough! Watch this video and let it inspire you and move you to greatness.

If anyone ever tells you ‘you can’t do it’, slap them in the face (I’m half kidding). Hope you like this video. Talk to you soon.

Hey – Alex Pardo here. Well now I’m back from a, hot, ROCKIN’ Las Vegas trip!  I love that town! If you follow me on Facebook, then you know I’m constantly on the move. I love spending time with friends, family and loved ones around the country, and I love that real estate makes that possible.

Of course, it wasn’t always that way. When things first took off for me, one of my significant other’s biggest complaints was that I basically never left the “office”. Even when I wasn’t physically there, my mind was on work and I was constantly shuffling papers, taking calls, reviewing deals and looking to grow, grow, grow. And I still feel that passionate about my business today. So what’s different? I learned to manage my time in a way that did not detract from my ability to do high volumes of deals: I automated.

Automation is absolutely critical to your real estate investing success unless you just want to spend every waking moment thinking about real estate investing. And it’s not as hard as you might think. Here are some important things to start doing now in order to take some of the weight off your shoulders in your real estate investing business:

1.    Set up a call-answering service

There are some very simple things that can and should be done to establish whether or not a seller is motivated and the deal fits your criteria. Have an answering service do this pre-screening.

2.    Establish a bird-dog system

Reward the people that bring you deals! Make sure that everyone you know knows that if they bring you a potential deal that results in a successful transaction that you will make sure to compensate them appropriately. The first time this happens and a deal closes, you will have a dedicated deal-finder for life. And they’re essentially “free” because you only pay when you make money.

3.    Put your routine down on paper

Even if you are not yet in a position to hire a virtual assistant (VA), you need to have a manual of operations in place. This will help you and your staff become more efficient. So write down what you do each day, then evaluate it for time-saving opportunities and determine what could potentially be outsourced for a low cost.

As you develop a clearer routine for your business, you will find that many aspects can be automated. In no time, you will be able to enjoy the aspects of real estate you are passionate about without your friends and family feeling as if they have been “deserted.”

Action Item: Draw Your Day

Make a timeline of a typical day. Then, check it against reality to determine how you are really spending your time. Where necessary or appropriate, adjust your behaviors or the time allotted to a specific activity to make your work day more efficient.

If you want to learn exactly how to automate your entire business (and I don’t know why you wouldn’t), then CLICK HERE

Also, comment below and let me know what you think of this post —->

Let me ask you, what’s wrong (or strange) about a dude who likes to train MMA, get massages on the regular, taking tactical shotgun classes, and gets a manicure / pedicure after?

Well I posted this on my facebook yesterday and my friends have been giving me crap about it all day, lol…

Can a man not get a manicure / pedicure these days?

Does fighting and training with deadly weapons mean I can’t take care of my hands and feet?

(Be careful how you answer or I may have to practice what I know on you

Truthfully I’m going because my girlfriend says the little asian women gives banging foot massages and how can I say ‘no’ to that?

I’ll let you know how those weekend activities go before I hit Vegas next week, but in the meantime let’s get down to business.

Seems like the real estate investing community is in a buzz since I posted the free video about how a 22 year old kid made $26,000 from the tiny bedroom in his mama’s house using a strategy that not many people take advantage of…

I’ve received a ton of emails and my poor assistant has fielded a bunch of calls in the past few days from people that want to know if this really works. Well I can absolutely tell you that this works because we do it every single day. It’s 100% legal, legit, and you don’t need a penny to do it.

This is not like one of those programs or courses that says you don’t need any money and then the truth is you need to spend a few hundred bucks on marketing. We teach you how to “No-Risk Wholesale“ without needing a dime to your name.

This economy sucks…for most people, but it hasn’t affected us one bit.

Unfortunately 95% of people are sleep walking through life and are going to be totally hosed when this country experiences the greatest depression the world has ever seen, but you can position yourself to join the elite 5% of people that receive the biggest wealth transfer in mankind…and you need to start HERE.

Well enjoy the video. I’m off to my tactical shotgun training and I’ll post pictures on my facebook soon. But don’t expect pictures of my manicure/pedicure

Oh before I forget, I haven’t responded to my friends yet. The person that gives me the “wittiest” or “savviest” comeback line(s), will get free access to this training we just launched. And the video is coming down soon so hook a brother up and COMMENT BELOW! (I’ll announce the winner on Monday)

Hey – First let me say Happy 4th of July (and don’t drink while operating fire works – that usually turns out bad

While we live in the greatest country in the world, let’s not bury our heads in the sand like an ostrich! Check out this short 5 minute video that my mentor sent me a few days. It explains why we are headed for an “Economic Armageddon”!

No need to panic, you only need to be prepared and make sure your financial future is secure!

I can help you get there, so stick with me.

Comment below and let us know what you think of this video and what you are doing to prepare for Armageddon!
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Wow. There is a lot of uproar in the housing market right now. I don’t know if you follow politics very closely (I don’t most of them are (insert not so nice word here), but my real estate investor friends who do are really worked up – I mean really – thanks to our Secretary of the Treasury’s recent comments on Fannie Mae, Freddie Mac and the role of the government in the housing market (Washington Post, 03.01.11).

I, however, am feeling pretty damn good. I have my opinions on these things, but as a real estate investor, I’m keeping calm. Want to know my secret to staying cool as a cucumber and just crushing the deals as they come in? Well, first let me tell you what’s going on, and then I’ll tell you why I’m not concerned.

More and more officials in the federal government are coming out and saying that the government being involved in the housing market is a bad thing. Why does that matter? Because it means that Fannie Mae and Freddie Mac, government-entities that buy mortgages from banks so that the banks can make more loans, might disappear. That could mean trouble for people who sell and build houses because it will mean that fewer banks can make loans.

So why am I not worried? Well, remember, I’m a wholesaler. That means I sell for cash EVERYTIME. Cash is King my friend. You like King’s right? Click here to have cash buyers rain down on you. My buyers don’t need loans. And even other real estate investors who are not wholesalers don’t really have to worry that much because nearly every real estate investor I know is a master of creative financing, which means getting loans in unconventional ways so that you do not have to deal with the banks. So really, as a real estate investor, if banks stop making loans, your skills will be more in demand than ever before.

Just my 2.5 cents. What do you think? Comment below or I will throw Cucumbers at your head!