I have a lot of friends around the country that don't seem to have any working partnerships with lenders, title companies or even builders. I'd like to share a few things we have done that has gotten us business while lowering expenses.
Deal with your friends. Everyone of us that have done more that a dozen deals has a lender that they have become friends with and spent a little time outside the deal. Golf, lunch, Christmas party, see what I mean. Lenders need to prospect just like us so, what a great position that puts us both in. I mail out about 600 postcards per month to apartment complexes to farm for 1st time buyers. My lender friend splits the cost with me so am only paying for 300 per month.
There is nothing like having an open house for a neighborhood/realtors/or a prospect meeting catered by your favorite title company.
Ever do home shows, local mall events, booths, festivals or sponsor local team sports? Two or three partners working together. Banners, promotional materials, tee shirts, balloons. Each time you enter a partner into your business you increase your checkbook balance. It is always easier to do the hard stuff with someone else along too! Not to mention the old saying, 2 heads are better than one.
Shoot me an email. I'll give you more detail if you like.
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