Where to Begin?! Let’s be clear right from the start. Do you want a good deal? Or, do you want a great deal? Any seasoned investor will tell you that the difference between a Good deal and a Great deal is: How You Buy! Contrary to what you might believe… you make your money when you buy, not when you sell!
Contrary to what you might believe… you make your money when you buy, not when you sell!
If you are already investing or have a foundation in real estate, that’s GREAT! We hope you will find some nuggets of information in this report to bring you and your business to the next level.
And so, without further a due, let’s get started.
A very (if not the most) important part of real estate investing is the ability to quickly weed out the lemons from the 1000s of possible “deals” at your fingertips. Sadly, many who start playing the real estate game suffer from a very serious condition called: Analysis Paralysis or Paralysis by Analysis; that is, the inability to take action due to engaging in endless “What If Scenarios”. Let’s be clear that no matter how many steps (forward, backward, sideways, or on water) you take in your head, you will not be closer to your goal in the real world. This does not mean to act without prior thought or planning, it simply means that for any result to occur, action must also take place.
We will further discuss this in the “Placing Offers” section of this report.
But before we get into the processes of nitty gritty deal making, there are some investing basics every real estate investor must quickly internalize to not only survive but thrive in the real estate world. Unless you have a nice 100k+ nest egg sitting in your IRA or parked in lazy CDs then you will likely need to put in some sweat equity… And, if you do (have this kind of money) and you don’t want to become a hands-on real estate investor, other opportunities for 100% passive real estate investing are available but that’s another topic for discussion.