The Fight For The Truth Is Non-Negotiable
So you're looking for actionable information that can help you over that interpersonal hump in real estate investing. Well, have we got good news for you! After years of experience and iteration,, con... View MoreSo you're looking for actionable information that can help you over that interpersonal hump in real estate investing. Well, have we got good news for you! After years of experience and iteration,, constantly improving, we have developed the perfect script and process to make real estate investing as seamless as possible. The first step to take is to have a solid script that you can follow.
When you are faced with leads, it is crucial that you know what to say, when to say it, and how to say it. Unfortunately, this is where many people fall short. They become nervous and uncertain about how to approach the conversation. They fumble around and get into price debates with the seller, only to end up losing the opportunity.
Instead, it is crucial that you have a clear flow of conversation that you can follow. This way, you will know exactly what to say, when to say it, and how to say it. This is why step one is to get the script and make sure that you are confident in following it.
One of the key principles of real estate investing is underpromising and overdelivering. Many people tend to exaggerate the potential of a property and make unrealistic promises, only to disappoint their investors. This is not the way to go.
Instead, it is crucial to look at the actual financials of neighboring properties. This will give you a more realistic picture of the property's potential. When you present your findings to your investors, it is important to be conservative in your estimates and promises. This way, if you end up delivering more than what you promised, your investors will be even more impressed and grateful.
Join me at our 3-Day Event where I go over this as well as so much more. To attend this event, simply leave a reply with the word "Event" and our team will then send you all the details on how to secure your spot.
Are you considering investing in real estate, but not sure where to start? Here are my three steps for evaluating any potential investment property:
Location: This is key! I look at the overall econo... View MoreAre you considering investing in real estate, but not sure where to start? Here are my three steps for evaluating any potential investment property:
Location: This is key! I look at the overall economic feel of the area, as well as the jobs and crime rates. Is it a vibrant place that's on the rise, or is it declining?
Cash flow: I want to make sure the property is generating positive cash flow now, not just based on projections. I look at actual rent payments, tax and insurance costs, and other expenses to get a clear picture of the property's financial performance.
Headache factor: I want to avoid properties that will cause me stress and headaches. I thoroughly investigate and do my due diligence to ensure that the property is a good fit for my portfolio and will bring value both in terms of income and potential appreciation.
#realestate #investing #propertyevaluation #location #cashflow #due diligence #finance
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