Free Question Friday
by Derek Pierce
I’m about to head off to the NCAA Road to the Final Four First Round games in Birmingham. So today’s Free Question Friday is more of a general real estate investing tip instead of taking a question.
A student of mine called to asked if I wanted a Free ticket to tonight’s games and take me to dinner.
Knowing how much I love basketball – I agreed. This guy will get the most exclusive real estate training and the ability to ask me any question for the price of admission to a basketball game. (except he better not ask during the game or I’ll have to get medieval)
Not a bad deal -huh?
Recently, I carried someone to lunch that I have the utmost respect for in the business world and was hoping to pick their brains during lunch.
Well, not only did I get to pick his brain during lunch – we spent an additional 3 hours driving around looking at his latest projects and hanging out in his office while he dished out thousands of dollars worth of advice – all for the price of a meal.
So, this next week, make it a point to take someone to lunch.
Take an interest in what they’re doing.
Generally, people love to brag about what they’re doing .
Ask questions and learn. Strive to build the relationship.
Usually, all you have to do is ASK!
-Derek
Derek, let me first thank you for your website and your video’s they are an awesome resource. I want to get started in flipping. I also live in the North Alabama area, are there any companies around in this area that you would recommend for financing a house that you want to flip? Could you also explain the various ways to obtain financing for a property that you intend to flip? Are you ever able to borrow money in addition to the mortgage to cover the improvements on your flips, if so how do you go about obtaining the additional money? Thanks.