Quick Start has everything you need to start your profitable real estate investing business. Will you need to know more? Absolutely. But you won’t need to know more before you start. This industry works very well as a “learn-as-you-go” enterprise. Know enough to get started. Then start. Learn more as you need it. That’s the number one key to success. That’s Real Estate Investing Quickstart.
Real Estate Investing Quick Start
Make offers in two weeks, profit in as little as four.
I can predict how successful you will be in the real estate business:
It depends on how quickly you go from decision to action.
Real Estate Investing Quick Start gets you into the action right away. This course gives you a quick overview of the REI Business, then dives right in to helping you make offers and bring in profits. Action is the key to success in this business and Quick Start will have you hit the ground running, making offers in as little as two weeks. You won’t feel ready – you won’t actually BE ready, but the course will show you how to build in safeguards and help you learn as you go. By the way, you may never “feel ready” no matter how long you wait. It’s best to just dive in.
This is the way I started. Beginning in 2002, I did my first seven deals before I really understood the HUD settlement statement. I completed 75 flips before attending my first training seminar. That’s where I learned the “cost” of what I didn’t know – realizing that simple mistakes and calculations had cost me more than $50,000. I hadn’t lost any money – but I had left money on the table. This course is designed to help you start quickly, hit it hard, and avoid the costly mistakes I made at the beginning.
Everything you need and nothing you don't
There is a lot of “free” information out there. The clear step-by-step methods in this course bring order to the chaos and lead you down a logical path. You will know the key numbers required for deal analysis and you’ll learn the exact formulas. Spend a few minutes with your calculator and you’ll know precisely what to offer for each property. They say you make your money when you buy the property and Quick Start will help you buy them right.
You’ll be talking to sellers. Quick Start will help you understand their needs and a proper approach to the conversation. You’ll memorize a few key sentences and, guided by the correct approach, you’ll win sellers over and create win-win scenarios with them.
You will have no trouble selling your properties because in many cases you will have your buyers lined up before you even talk to your sellers. Included in Quick Start is a guide for building a buyers list for wholesaling. If rehab and retail is your choice, you’ll pick up pointers to help speed the sale of your project.
When setting up a business it’s easy to get distracted by the things that don’t matter. What are those things? They include furnishings, equipment, logos, business cards, etc. None of that matters if you don’t have deals. Quick Start provides all you need on setting up your office, but it comes last – form follows function. You will avoid the time wasters and procrastination devices and get right to the business – making offers and making profits.
Quick Start has everything you need to start your profitable real estate investing business. Will you need to know more? Absolutely. But you won’t need to know more before you start. This industry works very well as a “learn-as-you-go” enterprise. Know enough to get started. Then start. Learn more as you need it. That’s the number one key to success. That’s Real Estate Investing Quickstart.
Fifteen Action-Oriented Lessons
LESSON ONE: Ready, Set...
Here's an overview of the business, this course, and what we are going to accomplish together over the next few weeks. I spell out your goals for you.
LESSON TWO: What to Offer
You make your money when you buy the property. Buy it right and it's hard to lose. Pay too much and it's almost impossible to make it work. Master this critical piece right now.
LESSON THREE: The Numbers
We are not turning this into a math class and this isn't a deep dive. We hit all the numbers you need to know in order to make the right offer. It's all simple calculations on a four-banger calculator - nothing too complicated right now.
LESSON FOUR: Wholesaling
This is where a lot of people start, and for good reason. You can do this with no money of your own. Get properties under contract and assign those contracts for a fee. I describe the process and show you how to do it.
LESSON FIVE: Estimating Repairs, part One
Repairs are a vital part of the process. You need good numbers to make good offers. I cover the Home Visit Worksheet and show you how to use it to estimate repairs. You get the form also!
Lesson Six: The Default Repair Formula
Learn a formula I invented years ago for determining the estimated repairs on a property just by knowing its size, its age, and its general condition. I do this hundreds of times each month and have made thousands of offers or bids using this repair estimate.
Nov 09, 2017Lesson Seven: Making the Offer
This is where the rubber hits the road. You want to solve your seller's problem (their house) and make some money in the process. There might be more than one way to do that, meaning you might present more than one offer. Give them options and get more to say "yes." Learn how here.
Nov 09, 2017Lesson Eight: The Paperwork
All jokes aside, real estate deals cannot be concluded without putting them in writing. Like gravity, this is not a suggestion - it's the law. First I'll give you the paperwork and then we go through it and I'll show you how to fill it out and use it.
Nov 09, 2017Lesson Nine: What to Say
Armed with a few guiding thoughts, a few memorized statements or questions, and a problem solving mentality, you can devise win-win scenarios and get sellers to say yes.
Nov 09, 2017Lesson Ten: Connecting with Sellers
This lesson shows you how to find sellers and includes multiple free and low-cost options for developing leads.
Nov 09, 2017Lesson Eleven: Working With Realtors
Realtors are an invaluable resource for your business. But know this: They are wary of investors - especially new ones. Here's how to develop authentic and productive working relationships with them.
Nov 09, 2017Lesson Twelve: Working With Bird Dogs
"Bird Dogs" are deal scouts. These are people you pay for productive leads - when those leads turn into deals. Here's how to recruit, train, and paper them. Paperwork is included.
Nov 09, 2017Lesson Thirteen: Setting Up the Office
This is an action-oriented course because your success depends on your action, not your logo design. However, at some point you will need to get organized. Now that you are making offers and possibly have deals in the works, it's time. And here's how to do it.
Nov 09, 2017Lesson Fourteen: Marketing Budget
At the beginning, you won't need a marketing budget at all. But in time you will need to spend money if you want to grow. In this lesson I tell you what I spend my marketing money on and make some suggestions about how much to spend.
Nov 09, 2017Lesson Fifteen: Finding Buyers
This lesson will help you complete the cycle - from prospect all the way to profit. Here's how to find buyers for your properties.
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