Indiana-Joe's Triple R Formula to get your business propelled to warp speed!

I'm going to see an accounting tomorrow thanks to my agent. I hope alot of newbies like myself don't miss this.

That is excellent advise and I plan to do it as soon as I can.

What this means? "From the 4 power team members ask for 2 real estate investors that would be references which equals 8 per week = 32 for a month!" Does it mean to ask for other real estate investors, that could be our potential end buyers? Thanks for the help!

Always keep building that power team and finding buyers. Good luck with the accountant visit coming up. Make that offer today be your next deal tomorrow. Believe and Achieve! - Joe

Good luck building that power team. They can help you get closer to completing more deals. Believe and Achieve! - Joe

You want to go to open houses and meet new realtors that could be part of your power team. If you go to at least 2 open house a week you might meet 2 new realtors per week. If you go to more open houses you will meet more realtors. So if you go to 4 open houses per week for a month you should meet 16 new realtors. With each realtor you meet ask each one for 2 power team referrals they can provide. This can be anyone and everyone that can assist you such as all forms of contractors, cpas, lawyers, etc. From each referral you get, contact each referral and inquire about their services. Then ask each referrals for 2 real estate investors that could provide you a reference about their services. You can blame this on a partner that always makes you get 2 references. From these real estate investors you may find more investors to network with or even potential buyers for deals you want to wholesale.

Quick formula of the Triple R's:

Open Houses = Meeting New REALTORS

New Realtors = Providing REFERRALS for your Power Team

Referrals from your Power Team = REFERENCES for these refferals which are other Real Estate Investors

More Realtors can = More Leads they provide to you which can = More Offers you make which = more deals you do!

Repeat......Repeat.....Repeat.........Repeat..........Repeat............Repeat............

Good luck. Believe and Achieve! - Joe

I was in another area this past weekend and stopped at 2 different open hosues and this worked like a charm. I hope all of you are having success with this as well. Believe and Achieve! - Joe

Another Great Idea Joe thank you

who are the people that we should add to our power team?

Thanks for sharing, awesome, i dont or havnt done to open houses just called realtors but i think this could be a new way of doing things to jump start my business.

7 sauce, they are foremost, real estate agents, title rep's, escrow officer, cpa, laywer(real estate of course) general contractors ok.

Thanks for the tip. Finding an all star realtor has been hands down the hardest part of building my business. I will try this technique and appreciate the advise!

Thanks for the feedback. Have a great day. Believe and Achieve! - Joe

We are in the process of posting Power Team Questions on DG.com. Here is a short list of some Power Team Mebers for you:

CPA, the Certified Public Accountant

Property Manager

Realtors

Attorneys

Bankers

Contractors

Title Insurance Companies

Cash Buyers

Landlord Buyers

Insurance Agents

Home Inspectors

Painters

Roofer

Cleaning of Air Ducts

Plumbers

Carpet Cleaners

Electricians

Heating Venting and Air Conditioning

Tree Service

Chimney Sweep

Fencing Company

Locksmith

Surveyor

Septic Tank Service Company

Drywall Contractor

Bathtub Refinishing Company

Swimming Pool Companies

Mudjacking

Contractor

Asbestos Removal

Solar Power

Architect

Property Staging

Garage Door Installers

Mold Remediation Contractor

Granite Counter Top Contractor

Well and Water Inspector

Handyman

Birddogs

Hardwood Flooring Refinishing

Home Security Systems

Waterproofing Company

Cabinet Refacing

Sun Room Contractors

Siding Company

Landscaper

Window Tinting

House Cleaning Service

Ceramic Tile Installer

Good luck building your power team. Believe and Achieve! - Joe

We are in the process of posting examples of questions you can ask various Power Team Members. Below is the link to the summary of questions we are now posting on a daily basis.

Directory Summary of Power Team Question Series # 1 - # 50
http://www.deangraziosi.com/real-estate-forums/property-rehab-fixer-uppe...

Good luck. Believe and Achieve! - Joe

Thanks for the comments. Open houses are awesome to meet new agents, get contacts, check out home in your target area and drive neighborhgoods. There are so many great benefits for going to open houses on a weekly basis. Believe and Achieve! - Joe

Thanks for the comments. A good realtor can really make the difference. I find Realtors that work open houses are a little more hungry to build their business. Try to go to a few open houses each and every week. You will see results coming your way. Believe and Achieve! - Joe