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SHOW NOTES FOR EPISODE 026 – CASH SAVINGS TIPS FOR NEW INVESTORS
In this episode, Bill Manassero shares a few tips that can save new investors significant money. On the podcast, one of the questions Bill always ask his guests is “If something devastating happened and you lost everything you had, except $1,000. Knowing what you know now, how would you use the $1,000 to help to rebuild your real estate business?”
Most of my guests were confident in one thing, that they would not necessarily need the $1,000 to purchase their first property.
- A laptop
- Internet service
- Business cards
- Stationary
- Gas to get to events (provided I still had a car)
- Funds for entrance/meal fees to attend networking events
- REI meetings
- Meet-ups
- Networking groups
Cheap places to buy those things:
- A laptop
- walmart.com (laptops under $300 dollars)
- Also
- Internet service
- Website Design
- Weebly.com (free DIY web sites)
- Fiverr.com (hire a web designer for around $100)
- Website Design
- Business cards
- Stationary
Starting Your Business
When you get started in real estate investing, there are some things that will cost you money when you get started. Here are some of those items and some cheap places to purchase those items.
Business Logo
- Design a professional/original new logo for your business – Fiverr – $6
Business Cards & Stationary
- Design a professional business cards, business stationary and envelopes – Fiverr – $6
Printer
- To print the cards and stationary – vistaprint.com – business cards – from $16 / stationary – from $15
Website – Design
- Weebly.com – free (do it yourself) – Can also get domain and hosting but at a fee
Website – Hosting
- Hostgator.com – $3.95/mo
Website – Find and reserve a domain Name (for example: www.yourname.com)
- NameCheap.com – $9.88 per year
Social Media
- Design Facebook, Twitter, Instagram business pages – Fiverr – $6
Marketing and Advertising
- Fiverr – $6
Video
- Cool animation and other custom promo videos – Fiverr – $6
Audio
- Fiverr – $6
LLC
- LegalZoom.com – LLC – $149
Research
- Fiverr – $6
Data Input
- Fiverr – $6
Well, this list of various real estate business start-up items is in no way all inclusive. But the items listed are pretty common for most of your early start up needs.
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