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Updated about 1 year ago,
New Real Estate Investors – You’re Gong To Spend Time or You’re Gong To Spend Money
Don’t you hate being lied to? I hate it when some “guru” claims
“No Cost, Zero Down, No Risk, But wait there’s more, we’ll tell you (on video or zoom) how to do this for only $xx,xxx. “ and the “community” will save your as* if you get into trouble. No they won’t. That’s foolishness if you trust your future to “community opinion”. And it doesn’t matter if you are in AZ CA TX OH IN Al FL or AR. Information you need is available but it isn’t being taught.
For some reason these “gurus” can’t bring themselves to be honest and up front.
It actually costs Money or Time to invest in real estate. And you truly do need to know what you are doing. Videos can’t answer your specific questions for the specific deal you are working on, or how to set up your business, or how to deal with taxes or asset protection.
Do you know how many people in the “community” walk away from a deal because they are confused, scared and lacking “one on one” training. A very whole LOT. Wasted Money joining a community when you need “one on one”.
To learn to invest with little down, safely, legally, means you pay for coaching. It can be learned on your own online, but that takes time. If you dig you will find what you need to know. It can be taught on a "video zoom" platform, but there, you never know if you got all of what you need or even got it right and plenty can go wrong. That’s when the lawsuits begin.
I’ve been doing creative finance for 30 years and I’ve done everything wrong that you can do wrong and I made a few wrong ones up on my own. ;-) You don’t need to. You can avoid all of that. And no, if you are already in a pickle, I can’t/won’t bail you out. You bought the ticket, you take the ride. The rest of you need to avoid doing, what you’re not being taught.
I’ve actually dealt with the banks, the lenders, the servicers, the insurance companies, the sellers, the buyers, the superior courts, the appellate courts, the attorneys general, the eviction courts, the probate courts, the bankruptcy courts, title issues, and everything you can think of.
What I’ve found is, every time someone New does creative financing, “That which they feared came upon them”. They eventually got into serious trouble.
They needed to know things before they did the deal, but they chose the wrong coach “community” . They didn’t know what they didn’t know. Be careful out there.
There is a spreadsheet available of an actual Subject To that answers a lot of those unknowns. Ask for it. It will save you time & money. There is a formula for knowing if you are a “safe” investor. DM me for a copy.