Action Steps to Become a Successful RE Investor
Tuesday, June 25
Read Miracle Morning Millionaire – This is the most important step and should be done firstSet two alarms for 4am and do not change them ever for any reason for 30 days *(Nurses you can choose a different time) – you can also set it for 4:01…if you are a pussyRead through all attached documents ...
1.15% - The New 1% Rule
Monday, June 10
The 1% rule was never meant to be used as "Go/No Go" Criteria, but somewhere in there it has to work...lets say 51% of the time to be a rule...right? I was curious to see if that was the case. The first thing that I had to decide was what made something "work". It has become reasonably common to ...
The Turn and BRRRRN - Don't Turn Around... BRRRRN
Tuesday, April 30
A new investor or an investor to a new market feels out the market by buying turn key for the first or first few properties to test out the “team” that is in place there. This gives them an opportunity to feel out their agent, the rental market, the property manager, and likely even the contracto...
The Turn and Slow Burn
Tuesday, April 30
Method of turn key investing generally reserved for the more passive investor where you buy into an investment that does not have an immediately high CoC return for the advantage of owning A class property with fewer anticipated repairs or tenant issues starting out. The higher cost will give a g...
The Boston - Go Big or Don't Get a Home
Tuesday, April 30
This investment strategy is very simple and not for the faint of heart. The Boston is where you offer your full asking price in the Due Diligence amount. This is a strategy for cash or LOC buyers who need no approval to close and should only be used when you are certain of your numbers and know t...
WholeBRRRRKey (Pronounced hole-burr-key)
Tuesday, April 30
Investment strategy used by most turn key operations to essentially turn a profit at every step along the life cycle of a BRRRR or flip investment. Essentially you get a property under contract that would make a great Flip or BRRRR and attempt to assign or wholesale the property to someone else f...