Took the kids hiking in a National Park last week.
Was talking with a guy in passing and he was from one of those second-tier / third-tier “lesser” cities that are now all the rage as people leave the big mega-cities to get away from all the chaos.
I asked him how things were changing in his once quiet town.
“Man, my house has gone up $250,000 in value in just a year!” he exclaimed.
Then he continued:
“I wish I had bought 5 more houses there.”
To which I asked if he was a real estate investor. He said no, he just owned his own house.
Which made me smile, because it is the classic response of people who aren’t in the business but made big bucks from market forces far beyond their individual control.
Just like people wish they would have bought Apple stock back in the 1990s, they always wish they would have bought more houses when the market rises.
But owning property isn’t without its risks or headaches.
There are things to consider. Business things like profit & loss, keeping the properties maintained, keeping the properties leased out fully, and compliance with all the Federal, State and Local regulations slapped on property owners.
It’s easy to gloss over all that when you aren’t in the business, simply just own your own house, and then know for a fact the property values have increased because they already have.
It’s easy to gloss over all that when you aren’t in the business, simply just own your own house, and see how much everything has increased and you feel slightly left-out now that you know what actually happened.
It’s different to be ahead of the curve.
It’s different to act with intention instead of just luck.
It’s different to be an entrepreneurial real estate investor.
But not impossible.
It doesn’t take a 4-year college degree, or even a crystal ball.
It just takes some focus, training, and dedication to make it happen.
My 1-day class tomorrow is a great start for you.
I’ll be focusing on “Wholesaling” which is how to market to find deals, negotiate them into great deals, and then quickly sell your contract (not even the property) to another investor before settlement.
It’s a simple straightforward exit strategy that can do wonders for you.
And it can be the basis of all your other real estate strategies as well, as in order to rehab houses, or buy-and-hold rentals, you FIRST need to market to find them, and then negotiate them into great deals.
You’ll be learning all the foundational elements of the business, no matter which exit strategy you choose.
So if you wish you had 5 more houses in whatever town you are in, I’ll show you how to actually make it happen.
The event is tomorrow Saturday September 12th ONLINE using Zoom.
Works nationwide. Join us online from anywhere.
Here’s the link:
1-day Wholesaling: The Rapid Cash Generator Workshop ONLINE
Traction Real Estate Mentors