Negotiations, Probate Investing

We Stopped A Foreclosure With Just 3 Hours To Spare

Data is a weird thing. Sure, numbers are numbers, but most of the time you need to do some digging to see the big picture. Have you seen the foreclosure data that was recently released? Foreclosures are up 153% for the first half of this year compared to the same time period last year. 153%

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Probate Business, Probate Investing, Real Estate Investing

Just Stop It. You’re Embarrassing Yourself.

I love stand-up comedy. And I really respect the comedians who excel at their craft. The timing, the wit, the memory – they have a skill set I do not possess, but it’s one that I truly admire.It’s not an easy job. Some comedians rise to the challenge and work hard to hone their skills.

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Probate Investing, Real Estate Investing

My Secret 3 Step Recipe

Wanna get more houses under contract? I’m going to share with you the exact same formula I use when talking with sellers. There’s really no gimmick or secret to it. But you do need to be a good listener. 1) Build rapport There are piles of books written by so-called “gurus” who will tell you

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Negotiations, Probate Investing, Real Estate Investing

Do Sellers Think You’re Selling Extended Car Warranties?

We live in an age of the scam artist. To be fair, the scam artist dates way back. Whether it’s snake oil or extended warranties for your car, or a Nigerian prince promising you piles of money, sleazy people have been taking advantage of the vulnerable for as long as anyone can remember. With the

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Probate Investing, Real Estate Investing

Tom’s Shoes

Have you ever heard of Tom’s Shoes? It’s a really interesting business that sells shoes online.Tom’s Shoes were all the rage a few years back. We even had a couple of pairs in the Vargas household. What differentiates them from everyone else selling shoes online is their unique business model. Their motto is “We’re in the

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Goal Setting, Probate Investing

Craigslist for Mobsters

Automation is a hot topic right now in real estate. It seems like everyone wants a computer to do all of the work for them. I’m all for working smarter and not just harder, but there are some things that automation just can replace. Take the mafia. The younger generation of mobsters are looking for

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Business, Probate Business, Probate Investing

Work is For Suckers

It’s no secret that America has a huge labor shortage. In fact, I saw a huge banner plastered on a Taco Bell down the street from my office that was offering $18 an hour to anyone willing to show up for work. It’s weird though, isn’t it? There was a labor shortage before the pandemic,

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Probate Investing

Do You Want the Secret Password?

There’s a place in the heart of Hollywood called the Magic Castle. I’d tell you to visit it when visiting Los Angeles, but you won’t be able to get in unless you’re a member. And to be a member you need to not only be a practicing magician, but you also need to pass a

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Probate Investing

Are You Getting In Your Own Way?

I was rewatching the Ant-Man movie with my kids the other day. I don’t watch a ton of movies, but this is a fun superhero movie I sort of like. There’s a line from the beginning of the movie that struck me. The character Hank Pym, played by Michael Douglas, is in a heated argument

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Probate Investing, Real Estate Investing

What Thomas Edison Taught Me About Real Estate Investing

What a great way to start a week. I received a call Monday morning from Michael. Michael is a student that has been with my program for three and a half months. Michael came to me looking to start as a newbie. He wanted to become an entrepreneur. He wanted to start living life on

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Probate Investing, Real Estate Investing

What’s Your “Financial Lead IQ”?

One of the questions I get asked a lot is, “Ernie, what type of real estate leads is the best? Is it probate, pre-probate, inherited, reverse mortgage, or some other lead we don’t know about?” The truth is you can find amazing deals and incredible success in all of these leads. What really matters is

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Business, Probate Business, Probate Investing, Real Estate Investing

Investor with Small Thinking Mentality Tried to Screw Me Over

On Wednesday, I told you that I got screwed over by someone when they went behind my back to steal a deal from me. The Lord’s Prayer says we have to forgive others or we won’t be forgiven ourselves. That happened right about three years ago and I’m still a little angry about it. I’ve

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