Business legal structure - Posted by G

Posted by Anon on November 06, 2002 at 17:30:27:

“As for the URL, drop me an e-mail for that.
Last time I posted it here, I noticed a few weeks later a few websites popping up that mysteriously looked and sounded an awful lot like mine, regardless of the copyright on my website.
Even some stolen graphics, which I personally designed.
So I am reluctant to share it here again for that reason.”

Amen to that, Jim. Same thing happened to me a couple years ago. As a matter of fact, the infamous “Newsgroup Trasher” stole my whole dam site.

-posting anon, but you may know who I am

Business legal structure - Posted by G

Posted by G on November 06, 2002 at 12:55:14:

I am getting business cards and signs made up and I wanted to know it were legal to title my company " My Name Real Estate Investor". Is that compliant? Also do I need to have a address on my business cards as well as my signs or any other marketing tools…flyers,etc…HELP

Re: Business legal structure - Posted by Jim FL

Posted by Jim FL on November 06, 2002 at 13:02:46:

G,
Here is a tip for you.
When you set up marketing materials, such as signs, flyers, and biz cards, use the old K.I.S.S. (Keep It Simple Silly)

A motivated seller who sees your message is not really going to care what title you give yourself or what you name your company.
They want to know two main things:

  1. What you do? (You BUY HOUSES!)
  2. How to contact you? (Your phone number, e-mail maybe, and perhaps a website if you have one.)

Frankly, my business cards are VERY simple and merely say that I buy houses and my phone number, same with signs, flyers, etc.

This gets the message out there, and if people want to know more, they can call.

Trust me, when we all started out, many of us choose lengthy company names, professional important titles for ourselves.
Something happened to me at a CRE convention a few years ago, just as it did for SEVERAL other people here.
We all went to the Saturday night round table discussions and offered our business cards to the various gurus for approval.
Mine was something I was VERY proud of.
I spent a ton of time making the card design, deciding on a company name, and called myself, “President” to feel important.
The guru I showed it to said two words upon looking at it: “It S_ _ cks!”

He was right, and my cards changed immediately upon returning home.

I do make my cards on heavier BRIGHT colored card stock with raised black letters.
This just makes them stick out when placed on bulletin boads etc.

Other than, nothing fancy, just straight and to the point.
Simple!

Good luck and HTH,
Jim FL

Re: Business legal structure - Posted by Hank

Posted by Hank on November 06, 2002 at 13:27:08:

“It S_ _ cks!”

Sounds like Legrand.

Have you gotten many good leads from your website?

If so, how are you getting traffic there?

What’s the url?

Hmm… … I’m thinking it might be tough to know if someone chooses to contact you by the phone after looking over your website (and getting comfortable with the idea of you and the idea of selling to an investor) and not mentioning the website while hashing out a deal w/you. Have you been asking all your telephone contacts if they stoped by your site?

Re: Business legal structure - Posted by Jim FL

Posted by Jim FL on November 06, 2002 at 14:05:03:

Hank,
It was Legrand, he said that to a ton of people that night.
But, rather than feel deflated, I simply changed my business card.

As for my website, have I gotten any good leads from it?
Yes, but really not enough to make it a bigger part of my overall marketing campaign.

I try to leave my website URL off of most marketing materials, except for flyers for houses for sale and my business cards.
I learned that lesson the hard way.
My bill boards used to have the website address on them, and we saw a HUGE increase in web traffic, but no real increase in calls.
It seemed that people went to the website out of curiosity and then did not call.
Since I feel more confident in my ability to talk to sellers on the phone, compared to enticing them to call me from my website, I now leave the URL off most items.

I get quite a few leads from out of my area, and I usually pass them along to an investor in that area.
Personally, I’ve bought probably 10 houses over the last few years from leads generated on my current website and last one.
The house I live in came to me via e-mail.

As for the URL, drop me an e-mail for that.
Last time I posted it here, I noticed a few weeks later a few websites popping up that mysteriously looked and sounded an awful lot like mine, regardless of the copyright on my website.
Even some stolen graphics, which I personally designed.
So I am reluctant to share it here again for that reason.
I can be found in web search engines though, so it is not hard to find.
I am usually listed in the top 5-10 sites is you search.
I included meta tags in my html, and also submit my website periodically to the major search engines like google.com and others.

When I talk to seller on the phone intially, I do ask them how they found me.
This helps me track my marketing and see what is working.
I will also often tell sellers who are on the fence that they can read my website and reach me via e-mail thru that for any further questions they may have.
This seems to get people who have seen the website already to say so.

I don’t get a TON of hits to my website, such as places like this (CRE), but enough to justify paying the $10/month to keep it.
I built it myself with a little help from a friend, but the upkeep is all me, and only takes a few minutes every once in a while, thanks to WYSIWYG software. (What You See Is What You Get)
Like MS Frontpage.
My website is nothing fancy and only dangles some info for everyone, forcing them to call for more.

I use my website more for distributing info on the houses I have for sale than anything.
As you know, being here in Florida yourself, there are a TON of people “Up north” who would love to live here.
So I get a lot of calls and e-mails from out of state people looking to buy, because they see my website.

Bottom line, if you are going to make a website, keep a few things in mind:
1.It should not be the main focus of your marketing, simply an augmentation.
2. It should look professional.
3. It shoiuld be simple, easy to navigate and read.
4. It should NOT be graphics intensive, so it loeads faster and can be viewed by several different browsers out there. You want the guy with WebTV and those running something more complex to all be able to read your website.
5. You want to have a few “Explanations” of how certain things work, but leave enough detail out to force the seller/buyers to call for more.

HTH,
Jim FL