“If you wish to get rich, save what you get. A fool can earn money; but it takes a wise man to save and dispose of it to his own advantage.”
― Brigham Young
In this episode, David Toupin and I discuss how to make money in real estate in 2018 and tell you how we made our last $250,000. We will discuss an over the top wholesale deal that can be done with a little strategic positioning, hear from my co host David Toupin (host of the Heartbeat Podcast) on buying his last 96 unit apartment building as well as how to assign your next deal for fast cash AND get the sellers proceeds as long term, low rate amortized interest from a deal that weren’t interested in buying.
Turn off your distractions, grab a pen and paper along with your favorite beverage and take some notes, write some questions, doodle some processes and review the resources so you can implement these ideas into your business and begin getting the results you deserve.
What You Will Learn In This Episode.
- The best place to make money in 2018.
- Ways around property tax increases:- pros and cons.
- Insights on deals that Erik and David handled.
- Factors you need to consider when purchasing new properties.
Resources From This Podcast
1.07: Where and why we need you to leave a review
2.14: What to expect in the podcast
2.33: The best place to make money in 2018
2.39: “Value Add” What it means
4.20: A glimpse at a deal that Erik handled
10.00: David’s take on “Value Add”
11.41: A glimpse at a deal that David handled
15.13: “If you want to create wealth in real estate, you have to know how to add value”
15.23: What other factors you need to consider when purchasing new properties
16.37: Where to find help in working out what taxes you will encounter
16.54: Ways around property tax increases:- pros and cons
17.23: Legal Disclaimer!
18.08: Quick , Easy “value add” tips
19.00: Utility bills
20.08: Payment to management companies
20.25: Where to find more tips from David for a strategy call
22.00: Tools David uses to get investment from banks
22.23: The difference between “how to” and “know how”
23.08: Erik sharing where they got their last 250k and probably the next
24.58: “you don’t need agent representation” that statement explained
27.11: The difference between an option agreement and purchase agreement
29.58: How to get creative when doing deals
35.44: Where to leave reviews on iTunes
35.48: Where to find the podcast on “you tube”
35.56: Where to listen to the podcast “heartbeat” “realestatewhenyoudrive”
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Request an Invite to Join Our Facebook Live Discussions at www.Facebook.com/groups/facelessleaders Did you enjoy this podcast? This is just one of the manystrategies we discuss in our annual mastermind and with our one on one coaching students. If you would like more information about how to increase your lead flow (and spend less doing so), improve your lead conversion (and eliminate unqualified leads), learn how to maximize your deals (for bigger profits), make big money with small lists and simply do bigger deals with less headache and live the real estate investor lifestyle, here are five simple ways to get the laser focus of investors who have walked the path before you and can show you a few ideas that worked well for us and are guaranteed to give you great results.
Get Featured On Our Podcast - Are you a Faceless Leader with a passion for giving? Want to share your story of struggle or success with the Real Estate While You Drive community? Consider being featured on an upcoming episode where we'll dig deep to discuss whats working, whats not, discovering your entrepreneurial uniqueness and how to achieve greatness through real estate. Simply go to www.RealEstateWhileYouDrive.com/Give-back
Al La Carte - Do you have a pretty good handle on your real estate business yet could use some occasional guidance, motivation or negotiation strategies? We offer the opportunity for one hour focused time blocks to discuss your current situation or opportunity. These calls are based on your specific needs and can be used at your discretion. Call requests are usually set up within 48 hours. Email request can be sent to Erik@TheRealErikStark.com
Annual Mastermind - Are you looking to be a part of a small group of investors that have figured out whats really working? We work with a small group of investors throughout the year. Typically less than 15 at a time simply because we still run a full time business and there is a lot of work that goes into creating content and action plans for those who want to get to the next level. This is not open for new investors. You must be operating a minimum six figure annual business. Register for our next mastermind right here. (www.SelfManagingFreedom.com) One on One - There is no one size fits all glove that will teach you real estate. Truth is no coach can help anyone if they don't know where they need the help. Work with US (not some assigned coach) to hone your skills, determine target markets, create marketing pieces that stick, learn how to convert sellers, increase property values, understand zoning, how to assign for larger paydays (our smallest assignment in the last 3 years was $25,000, up to $85,000). We can take you from where you are to where you want to go. You must be operating a minimum six figure annual business. Six month commitment (although most stick with us for a few years leaving few openings to join) Apply For One on One Monthly Education Right Here. For more case studies forms, downloads, reports, mind maps and free resources you can use right now to make money in your business just visit http://therealerikstark.com/resources/