Dear Future Investor,
Real estate investing can be scary. It can be really hard to know if you are making the right decisions for you and for the market conditions. When I was a new investor all I really wanted was someone to walk me through what to do to pick a market, find a good deal and make money from it. I wanted someone who was doing what I wanted to do and who cared about my success. And, when I put every penny I had into my first two deals, I wanted someone to show me how I could keep buying properties without money of my own.
Have you ever...
What to prepare for:
Each class has specific homework and IF you take action on the steps each week, I can show you how you can choose the right market for you, pick a strategy that makes sense for you, build the right team, find a property that will cash-flow, how to create a great deal and get it funded, and set yourself up to attract great tenants and manage the property for maximum profits.
Here’s some of the other things you’ll learn:
Week #1 – Creating Your Plan
In this class we’re going to cover a lot of the basics. While you may already have a handle on some of the basics we still encourage you to complete the workbook that goes with it. This is the foundation that we are building on for the 7 classes. Before you move onto Class #2 you should complete the Gap Analysis, the Financial Assessment as well as have an idea of where your gaps are between where you are today and where you want to go.
Week #2 – Becoming an Area Expert
In this class we’re going to dive into your market area. We won’t spend a lot of time on City selection as that training was covered in the Quick Start Guide, however, we will do a review of the research you should be doing. Then, we’re going to dive into the strategy that allows you to create great deals in almost any market … becoming an area expert. This week your homework is to finalize your market area, narrow your search down to a neighborhood and complete the Market Area Grid and the Property Comparison Spreadsheet for 5 properties. It’s a lot of work in the field so dive in right away!
Week #3 – Building Your Team
In this class we’re going to help you identify the key members of your team. We’re also going to spend some time discussing where to find them, how to screen them and what you should expect of the key players on your team. This is a shorter class but still an essential one for all real estate investors.
Week #4 – Funding Your Deals
In this class we’re going to help you understand how banks look at deals and what you need to do to be as attractive as possible to lenders. We’re going to teach you what you need to know so you can ask questions, get the best rates and best mortgages for you and your business.
Week #5 – Doing Great Deals
Where do you find deals? When you find one with potential how do you know if it will cash-flow? What is it’s market value? What price can you pay? How do you estimate renovations costs? Are there ways to make deals cash-flow when the numbers don’t work at first? Finding deals with potential is only a tiny portion of what you need to do as an investor and we’ll cover what you need to consider before you make an offer on a property.
Week #6 – Creating Great Deals
What can you do to make sure you’re getting the best results from your team? What if your realtor isn’t working well for you? What needs to go into an offer to purchase? In this module we’re covering the essential need to know terms, definitions, opportunities and challenges that arise when you put pen to paper and start inking the deals.
Week #7 – Making Money Each Month
This is a BIG subject so it should not surprise you to discover that we have a lot of things for you inside this module including a giant workbook, ad samples and more. We’re covering everything from tenant selecting to book keeping to real estate business tips. This one module is packed full of tips that will save you thousands of dollars and hundreds of hours of headaches. Enjoy the ride!