Gap Funds and Renovation Projects - Real Estate Investing Fundamentals

[Luther Wilson III]

Check out my latest YouTube video.  In this week's session I talk about the fundamentals for real estate investors. What are the basics of real estate investing? Let's get down to nuts & bolts for a better understanding of the process.

First off, are you planning to Purchase and Resell or Buy and Hold? Will you be using straight cash, short-term funding, or long-term financing? That's really it... In a nutshell.

Here's the sauce for most of the budding investors out there:

1. Access to capital (funding & financing)

2. Gameplan (investment strategy or model)

3. Working through renovation projects (patience & extra capital)

4. Continue getting reps in (persistence)

5. Executing on the vision (resilience & stick-to-itiveness)