“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Kendall E. Matthews

3 Reasons Why You Should Rent To Section 8 Voucher Holders

In 2004, my first real estate client was an investor. This investor got his start in real estate by purchasing HUD homes and turning them into lease-options. As the options were executed, he wanted to use the available funds to invest in more properties.

A few months before, I read somewhere about a local investor who was very successful in a small niche. He rented solely to section 8 renters.

I did more research in my area of expertise and found this niche had huge potential and lots of low-hanging fruit.

There are many different types of residential renters: corporate road-warriors, college students, military families, assisted-living "seasoned" citizens, the list goes on and on. However, if your a real estate investor, here are three reasons why you should think about renting to good folks on government assistance:

1) Government Writes You A Check. In Arizona, the subsidy payments, made directly to the landlord, are usually the difference between a percentage of tenant income and the payment standard established for housing units by bedroom size. Visit your local housing authority website to find out their thoughts about fair markets rents.

In my area of expertise, to justify a rental price, the housing authority also has requested a list of comparable leased properties. Any real estate agent should be able to get this information. Even during recessions and mass layoffs we have never had an issue, with the government not paying on time.

Our 3 bedroom 2 bath section 8 properties rents are between $800 to $1,250 per month. You may be able to get more in your area from a non-section 8 renter. However, we enjoy the fact, that since we followed specific steps in purchasing properties, the government checks cover most of the mortgage notes.


2) If They Mess Up There Out. In my area of expertise, there was a 2 year waiting list to receive a section 8 voucher. Once they receive that voucher, 99% of them will do everything they can not cause waves.

I believe in the law of attraction. If you're slum-lord real estate investor, you will eventually receive what you put out in the world.

Read more...

Moving Forward,

Kendall Matthews

Like this article? Subscribe to Kendall Matthews' Adventures In Door Knocking by Email

7 Ways To Protect Yourself From Horrible Section 8 Renters

When I was in junior high school, I heard my first horror story about the danger of renting to a section 8 renter. A friend of my father, who had recently divorced, decided to rent out his too-large-for-one-person home.

He wasn't a real estate investor, or expected to be the next Donald Trump; he was just a regular Joe the Plumber type-of-guy in a tight spot. He felt that if he rented out the property it would fix some of his cash flow problems.

He put an add in the local paper. In a few weeks, he found a family that he thought would be a "gold mine."

The prospective tenant told him they had section 8 vouchers. The vouchers paved-a-way for the government to cut a landlord a check for a large portion of rent payment, they would be responsible for the small difference. Eighty percent of the rent would be covered by the US government! Very low risk of non-payment. Great, he thought.

A couple of months later, he found his former neat and tidy home...trashed, wasted, and ruined. It took my father's handyman help and a $10,000 bank loan to bring the home back to a liveable condition.

That Nightmare on Elm Street experience ended his real estate property management career.

So what did he do wrong? It wasn't his fault, it was the horrible section 8 renters fault for destroying his home, right?

Soon I will tell you who was right or wrong, but bear with me while I tell you another story. Read more...

Moving Forward,

Kendall Matthews

P.s. Read the next article in this 3-part series.

Kendall Matthews' Adventures In Door Knocking

Forget New Year's Resolutions Create A Motto!

Every year, I create motto.  Last year's motto was "Get It Straight In 2008!"

I just returned from overseas.  I spent over a week traveling through the villages, cities, and hamlets of Ireland. After driving over a thousand miles through the beautiful historic countrysides, I found my inspiration for this year's motto. The motto for the year will be:

 Let It Shine In 2009

What does that mean to me?  To me it means the following:

To be more authentic.
To be more fun.
To be more friendly.
To communicate my feelings more freely and clearly.
To allow my spirit and my will to be freed from pessimism.
To allow others to see the joy in my life.

Many of you have done resolutions, some of you have already broken them.  I don't have a resolution for this year.  I just have my motto.  I will use this motto when I am faced with the obstacles that will come, the challenges that will be placed in front of me and the hard decisions that I will have to make in the near future.

Yet this year, in everything that I do,  I'm going to make it shine.  I want to make it shine around me.  So that my sphere of influence will see that, like the apostle Paul, I am content in all of my circumstances.  And I will fight the good fight!

If you would like to join me in letting it shine into 2009, leave me a comment or subscribe to this blog.  This year is going to be one of the most important years of my life and yours.  We are all going to have to work smarter, more efficiently, effectively and say no more often than we ever had before, but I promise you this...  There will be a select few of you, who will walked with me all the way to December 31.  When we both look back on 2009, for all the heartache and happiness that it brought, we will be able to say "We Shined in 2009!"

 Moving Forward,

Kendall Matthews

Like this article?

Subscribe to Kendall Matthews' Adventures In Door Knocking

Review of Toll-Free Call Capture 800 Number


"Want To Have Prospective Clients Call You?" HassleFree800.com Toll-Free Call Capture System Review


Before I go any further in this article, I’d like to make a few things crystal clear. I was not given a “review copy” of HassleFree800.com. In 2004, I bought the 800 number service, I forget where I’d first heard about it, but I believe it was when I went to a By Referral Only or Craig Proctor workshop.

I reviewed it, compared it, liked it, bought it, tweaked it and played with it. I like the service… thus why I have been using it, went back and bought a distributors license so I can use it and tell the world my likes and dislikes.

Ok, with that out of the way, I really think HassleFree800 is the best “in the box” toll-free call capture I’ve ever come across, though I still have a few wants on my wish list for future upgrades.

Don't want to read? Click Here to Download the MP3 [18 minutes - 16.7 MB]

Name: AdTrakker or AdTrakkerMulti

URL: www.HassleFree800.com

Purpose: To make it simple for prospective buyers to use their phones to get the information they want, when they want it; and make it possible for the owner/seller to track advertising dollars and marketing campaigns.

3 Things You Will Learn From This Review
  1. How Does Toll-Free Call-Capture Work
  2. How I Use My 800 number
  3. FAQ of People Who Want To Use a 800 number

So How Exactly Does HassleFree800 Work?

Here’s a break down of how to make the HassleFree800's Adtrakker system work for you:

  1. Create Scripts & Dialogues: Do you say the same thing over and over again to qualify prospects? Record those scripts into the 800 number and have it do the majority repetitive work for you.
  2. Publicize your call capture number. Have it turn cold suspects into hot prospects.
  3. Optimize your marketing time and dollars by tracking what campaigns are generating the best results. Place the 800 number call capture extension on your blogs, websites, signs, sales letters, post cards, and articles.
  4. Prospect listens to your offer and raise their hand if they are interested by leaving a message or dialing an extension to connect directly to you.
  5. Follow up with the prospect to turn them into a client/customer using various closing techniques.
  6. Sign the contracts--closed the deals--cash the checks.
  7. Then do it all over again from step 1.

That’s it in a nutshell. It’s not rocket science, but there’s work to do. Your job, if you follow this path, is to be diligent by forcing yourself to take action... to complete every step above... for every marketing campaign you create. Some recommend having voice professionals or a person with a smooth voice do the recording for you; but I have found, if you're a small operation, the person who has the initial voice-to-voice contact should record the message. Because when you do the follow-up call your voice will be familiar to the prospect, makes sense?

My Two Niche Examples

The following are two specific ways I use my HassleFree800 number to make enough money to pay the cat doctor bills. This is not about becoming a dominant player - an expert - it's just one man's opinion on how to making things happen.

Although your overall strategy might be quite different from what I do, the fundamentals remain the same -- no matter what business your in.

Capturing Renters For Investment Real Estate

My Hasslefree800 number system sift and sorts prospective renters for my investor clients who rely on my marketing principles to get their properties occupied, which are -

1. Produce a compelling message to renters
2. Create an ad that will force the type of renter you want to call. For example:
Home For Rent
Sec. 8 ok $800/mo
Free Recorded Message
888.462.3771 ext. 403
3. Market your the 800 number to build traffic
4. Call back only those who leave a message

I'll break down my section 8 niche further in a future article. Using this strategy for a recent property I received over 150 calls, 63 message, 20 showings, 10 applications, and finally one renter -- it’s almost robot-like.

Capturing Corporate Catering Events for BBQ Restaurant

In St. Louis, Missouri, my folks run Ms. Piggies' Smokehouse & Catering Company. Years ago, I told my mom how I was using HassleFree800 to acquire leads. She stored the idea in the back corner of her mind; however, the latest employee episode pushed her over the edge...

If you know of someone who owns a restaurant, you may have heard the number one and two issue they have is... reliable employees who show up on time and won't steal from the cash drawer. A few weeks ago, we had employee, who was reliable and never stole from us, but has a show-up-on-time problem.

When he finally made it in, the line was out the door, the phone was wringing off the hook, he rushed in the store, picked up the phone. On the other end, it was a company that wanted to place a big catering order. In his rush, he got the order wrong.

It was not just wrong, it wasn't even close, he’s simply rushed through the call. We nearly lost $2,500 deal.

Never, again!

A few days later, mom called me and I had the restaurant purchase its own HassleFree800 call-capture number and here's a quick snapshot of extension I created:

  • If you need Our Quick Pick-Up & Carry-out service press 101
  • For Food Catering services for 50+ guests press 102
  • If you need Catering services for 10+ guests press 103
  • To order our Hickory Smoked Turkeys press 104
  • To speak with the management team press 143


What I Like About HassleFree800.com

The system has been nearly perfect, but let me start with what I like followed by where I think it could be improved.

  • It’s efficient - there’s no waffling. I record my offer, the prospect listens to it, if they are interested... they leave a message.
  • I can load it with different qualifying techniques, like fax offers and "if then" extensions.
  • It can identify the addresses of those who called, even if they didn't leave a message.
  • Voice Broadcasting is a great feature. I can load a message to the system and have it call prospects and clients for me. For my restaurant niche, I'm using this feature to let 100 businesses know about our corporate catering specials. For my renter niche, I had it call 63 prospective renters at the same time. The message notified them about an open house tour and when the available time slots were.
  • I can retrieve prospects messages by phone or by any Internet browser, the qualifying selection process really is a process - there’s no “interrupting my personal or marketing time” or anything of that nature - I look for those who left a message, follow up with the warm lead, qualify them further to see if they could become a client by signing a contract.
  • Just like the service team at my local Lexus dealership, great technical support is priority. I have always been able to pick up the phone and have my issues resolved and questions answered the same day.

What I DON’T Like About HassleFree800.com

Here’s where I think they could improve on -

  • The 800 numbers also does double duty as a fax machine. Yes, this is an advantage too, because my business card is less cluttered. But there has been a few time that people who have tried to fax became confused when they heard my voice on the initial greeting. Some people started hitting the send button on their fax machine which actually stopped the fax from going through. Others who had to send their fax to me a few times before they figured it out. This hiccup didn't affect my pocketbook greatly, since I have the 250 minute bulk plan, but it has been a little frustrating when I needed to get title documents in a hurry.

That’s a minor complaint for me, I know, but there is nothing else I have a problem with in using the system. But here's...

Other Small Business Owner's Concerns About Call-Capture Lead-Generation 800 Numbers

Now, is having a toll-free call capture number the sole marketing strategy that will make money rain from the heavens and fill you bank account with buckets of gold? No.

I have heard few gripes and questions about call capture 800 numbers, I found them on different forums. Here is my answer to them, because as you know I don't like to repeat myself:

Question: On your signs which is more effective in getting quality prospects to call; 800 numbers or local numbers?

Kendall's Answer: I use two signs for my listings. My HassleFree800 number is on what I call "Ugly Yellow Soldiers" signs and my local number and website is on my official real estate sign. On one recent listing, I received three transactions from the people who called and listened to my free recorded message loaded on my 800 number extension.


Question: How does the recording portion of the 800# work? Do you need a different number for each listing?

Kendall's Answer: I call my 800# or upload a recording with a wav. file. Each listing/offer has a different extension.


Question:
My limited understanding of 1-800 numbers is that you pay per call and it is really expensive. Is it really worth the added cost? In today's day and age, is having a 1-800 number a must when most people can dial local numbers at no cost on their cell phones?If it is worth it, where do I begin searching for a toll free number and how do I get it to have that cute and memorable letter/number sequence? 1-800-HOMERUN or 1-800-JSSELL

Kendall's Answer: I don't care about having a cute or memorable letter/number sequence. I focus on having a great offer to get people to pick up the phone and dial. HassleFree800 is not expensive. The cost per minute is between 4 to 6 cents per minute.


Question: Does this help your business? Do you get more calls from the 800# or from the office number?

Kendall's Answer: This has helped my business. I get more calls on my HassleFree 800 number because I have so many targeted offers.

Statement: I canceled my 800# service last year, and threw away all of my sign riders with the 800# displayed. I had used the 800# system since 2000, with declining results nearly every year. While most drive-by buyers have cell phones, most are also aware (via Blogs) of the call-capture on 800#s, so they became more hesitant to call.

Instead, I changed all my signs to have only my mobile # displayed. For those few buyers who call, they now get me directly, rather than some call-capture 800# voice message. It's something I prefer to do, and I still get the call capture on my mobile.

Kendall's Answer: That's too bad, I prefer to only have folks who know, like, and already trust me to call my mobile phone. I use an 800# on all my marketing pieces; blogs, sign riders, websites, fliers, sales letters, postcards, business cards. Anywhere I publicize my website I attach my HassleFree800 number to it. Remember, people aren't hesitant to call if you have a strong enough reason for them to call.


Question: I had an 800 number for years and it very seldom got used, so I 86ed it. I wonder if I should bring it back?

Kendall's Answer: Only bring it back if you can provide great offers to make the phone ring. Then market that number to specific audiences. Otherwise, if you are not going to go all out... don't go out... stay home and wait for the cell phone to ring and business to fall into your lap. Like Larry Winget said, "It's Called Work For A Reason!" If you don't work it, it won't work.


Who Shouldn't Invest into a HassleFree800.com Call Capture System?

I’m going to be completely honest with you -- using this 800 call capture phone technology is strictly for the people who care about controlling their time, financial resources, and dealing with prospects and not suspects.

At this point in your life, you realize that you don't like a formulaic and systematic approach to generating leads, then this system is not for you. The call capture system is for people like me, undercover control freaks who want a life; and more importantly, the ability to have lead-generating systems that can automatically repeat sifting and sorting leads over and over again.

If you don't struggled with acquiring leads to consistently feed your business because you get so many referrals, stop caring so much about your marketing and just improve your networking skills; just tell everyone you work by referral only--otherwise find the low-hanging fruit in lots of different niches and build lots of 800 number extension to tap into them.

If you already have a market you are trying to dominate with your personal brand and your expertise and you have already invested time and energy into building a presence in that niche, this is not the time to change course. Sure, you might still buy a HassleFree800 number, but use it as a supplement to your current strategies by either having a testimonial line, fax offer of a free report to businesses, or have it explain to people your unique selling proposition.

Final Call Capture Review Thoughts

One important point to make here is that HassleFree800.com won’t… break the bank. We’re not talking about a $150 investment here, or even a $97 a month - my monthly invoice is between $28 to $43 per month. In the two niches I spoke about, I've sold over $5 million worth of real estate and will soon book around $60,000 worth of catering jobs... in a state I don't even live in.

To let you know they offer the obligatory 15 day money back guarantee. You can take a full two weeks to decide whether it’s worth keeping. In that time you could even run a test of marketing and advertising templates that come with the system.

Remember, what Michael Gerber said, "The entrepreneur builds an enterprise; the technician builds a job." What are you building?

Here’s the link -

www.HassleFree800.com

Happy Investing!

Kendall E. Matthews

Ps. If you don't have scripts readily available, the system includes a complete mortgage and real estate marketing library and all the supporting advertising materials.

Pss. If you are a partner in a restaurant, like I am, you'll be interested in the review that I'll write in a few weeks, about the marketing program I bought in 2006 that has helped my little carry-out bbq place in St. Louis generate over $40K per month in food sales.

Like this article?

Subscribe to Kendall Matthews' Adventures In Door Knocking


Are You Blogging But Nobody Reads Your Blog? 3 Tips To Change That Problem!

Have you ever read a novel call 'Line of Duty' by Michael Grant?

One of his characters delivers this line, see if you can relate:

" A guy I fish with once told me a funny story. He'd just bought an anchor, and as he went foward to tie it to the anchor line, he slipped and fell overboard.

"Suddenly, he sitting on the bottom of the lake in 15 feet of water, cradling his brand new anchor. He didn't want to let go, but he was running out of breath.

"Realizing his choice was drowning or losing the anchor, he reluctantly let go and swam to the surface."

The character in the novel, a police detective, went on to say:

"The 'Job' has been my anchor and I've been holding it for 23 years. I don't want to let go either, but I've run out of breath."

Most people can be caught holding onto prized anchors. If you've been blogging for a while and no one is reading (100+ visits per day), it might be time to let go.

But for those who want to keep holding that anchor, here's the last three tips of the series,
I broken down from Yaro Starak, a professional blogger and my blog mentor, "10 Steps To Generating Blog Traffic":

3 Tips To Change Your Blog Traffic Problem


3. Submit your blog to www.blogtopsites.com.
To be honest this tip is not going to bring in a flood of new readers but it's so easy to do and only takes five minutes so it's worth the effort. Go to Blog Top Sites, find the appropriate category for your blog and submit it. You have to copy and paste a couple of lines of code on to your blog so you can rank and then sit back and watch the traffic come in. You will probably only get 1-10 incoming readers per day with this technique but over time it can build up as you climb the rankings. It all helps!

2. Submit your articles to EzineArticles.com. This is another tip that doesn''t bring in hundreds of new visitors immediately (although it can if you keep doing it) but it''s worthwhile because you simply leverage what you already have - your pillar articles. Once a week or so take one of your pillar articles and submit it to Ezine Articles. Your article then becomes available to other people who can republish your article on their website or in their newsletter.

How you benefit is through what is called your "Resource Box". You create your own resource box which is like a signature file where you include one to two sentences and link back to your website (or blog in this case). Anyone who publishes your article has to include your resource box so you get incoming links. If someone with a large newsletter publishes your article you can get a lot of new readers at once.

1. Write more pillar articles. Everything you do above will help you to find blog readers, however all of the techniques I've listed only work when you have strong pillars in place. Without them if you do everything above you may bring in readers, but they won't stay or bother to come back. Aim for one solid pillar article per week and by the end of the year you will have a database of over 50 fantastic feature articles that will work hard for you to bring in more and more readers.

Learn more by reading Blog Traffic Tips 8 - 10, then tips 4 -7.

Blog Responsibly,

Kendall Matthews

www.StressLessHomeLoan.com

P.s. Have you written a pesonal mission statement?

P.s.s. Liked this article? Then subscribe to Kendall Matthews' Adventures In Door Knocking