How I Made Millions Investing In Real Estate - Common Questions & Answers

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List of Teaching - what you should know

New people ask all the time, "What now? and "How do I Do This . . ."and they Say, “I have Analysis Paralysis" and "I’m Just Getting into Real Estate" and "How Do I get Started" and so on. Two people just PM’d me specifically on those types of questions. 

How do you know what questions to ask? So, here’s the answer

You Start at the beginning and ask what your goal is.

Real estate only consists of a few components. 

1. Time 2. Money 3. Knowledge 4. Execution - 

You can learn all of it (almost for free) if you dedicate enough time to the process. You can speed up the time considerably (that takes money) by having someone take you hand in hand all the way to the purchasing and managing of properties. But ultimately, you are the one that has to execute the plan.

It's all about the "Time Value of Money" and "Missed Opportunities" and "Getting Started". What is Your Future Worth?

Since most people starting out don’t have the real estate vocabulary, I’ve taken the subjects that I teach and listed them here. You don’t have to do all of these, but you do need to do quite a few to become a roaring success in real estate investing. 

Ask whoever is going to teach you if they cover the Following and find a better teacher, if they don’t. Now, go buy some properties!

Subject To Finding Sellers Structuring Negotiating Contracts Processes Structure Paperwork Agreements Disclosures Pitfalls Recording Escrow Due On Sale                              Insurance .	Marketing Mailers KPIs Skiptracing SMS County Records Scripts Cold Calls Meetups Charts Tracking Leads	Comps ARV Redfin Zillow Realtor Propstream MLS How To Comp
Wholesaling Acquisitions Dispositions Assignments Finding Sellers Finding Buyers Contracts How Transaction Flows Problems Solutions	Seller Financing Finding Sellers Contracts Processes Structure Paperwork Agreements Disclosures Pitfalls	Financing HML Private Money Gap Funding Bridge Loans Credit Bank Lending SDIRA / 401(K)
Exit Strategies Lease Options Land Contracts Wraps STRs Rentals Residence	Fix & Flips Contractors Inspections Zoning Permits Best Use	Probate Paperwork Process What to expect Timeline Personal Representative Buying Properties Marketing
Lease Options Finding Buyers Structuring Negotiating Contracts Processes Structure Paperwork Agreements Disclosures Pitfalls Recording Escrow Insurance Setting Prices .	Pre-Foreclosures Pre-Foreclosure Websites Marketing Methods Contracts Prcesses Legal Sources Problems Solutions	Analysis Paralysis Getting Started Deciding Direction Local Vs Out of State Having A Website Selecting A Market Neighborhoods Crime
Buying a Property Location Type Exit Strategy Mortgage Maintenance Escrow Sources Good Deal Comps Contracts Negotiating Making Offers	Rentals Landlord Rent Rates Rental Checklist Rentometer Tenants Security Cap Ex Reserves Maintenance Taxes	STRs Acquiring Location Financing Numbers Furnishing Cleaning Permits AirBNB VRBO Atmosphere Vacation Travel Biz
MLS Dealing With Agents Leads What To Look For Expireds Limitations	Buying – General Negotiations Appraisals Contracts Escrow	Title Escrow Insurance Closing Liens
Multifamily Cap Rates Cash Flow C On C Locating Inspections Rent Rolls	Joint Ventures Partners Partnerships Joint LLCs What To Know What To Avoid Set Up Goal	Spreadsheets Figuring Deals Tracking Leads Sorting Data Creating Labels
Systems & Procedures Procedures Resources Hired Help Finance Team Goals	Taxes 1031 Exchange Depreciation Dealer Status Investor Status	Asset Protection LLCs Operating Agreements Insurance
Deeds Contracts Ownership Transfer	Land Locating Selling Acreage Tax Deeds	Legal Lawsuits Things To Avoid Attorneys
Lending Becoming a lender Contracts Notes Deeds Assignments Performing Non-Performing Notes	Wraps Contracts Payments Payoffs Insurance	REOs (Bank Owned) Short Sales Auctions Videos Best Basics Sources

[Alecia Loveless]

@Mike Hern I think once you've read, listened to some podcasts, followed the forums, the best thing anyone can do after building their team is simply go out and buy a SFH or a duplex and get their feet wet.

Necessity is the mother of invention and once you’re out there with a property of your own you start learning really quickly. As long as you act with authority but aren’t an A***ole you can accomplish a lot quickly.

Brandon Turner just said in a podcast I watched it’s not what you decide it’s THAT you decide. So as long as you have a vision for what you want to achieve and put a plan in place you just move towards making it happen. This applies towards rental properties as well as life.

Your plan for renovating a home might not be my plan but as long as the end result is that a tenant moves in and we collect rent money everyone is right in the end. Act with authority. Act like you’ve done it 100 times and show no fear.