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Real Estate While You Drive Podcast I Getting Started I Raising Private Money I Deal Structuring, Shortcuts and Strategies To Making Big Money With Small Lists, Creating Wealth and Building a Business With Passion
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Case study: How To Flip A $40,000 Property For A $64,000 Profit.
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In this case study we will dissect one of the most powerful strategies in real estate.
We have all heard of the term flipping, wholesaling, assigning, etc. Yet very few case studies break down the dynamics of WHY and HOW that deal came to fruition.
In this powerful overview we show you how we more than doubled our money on a quick deal…and more importantly, where you can begin applying these strategies to your business.
Inside we will break down:
- How We Found The Deal.
- How We Analyzed The Deal.
- How We “Walked” Around This Property To Find Its Highest and Best Use.
- How We Prepared To Close and Fund This.
- How We Found The Buyer.
- How We Structured The Deal.
Lastly, We Show Proof That This Is A Real Deal That Anyone Can Do.
Ultimately, the greatest takeaways are the power of relationships and the horsepower of real estate when leveraged properly. Its easy to sit here today and know we made $64,000 profit, although I had no idea this deal would ever come when I was following up with the family over and over. Flying to town to stop in and meet with them and build rapport. Invite them to our latest project so they see we are adding value to the community.
THOSE were the action steps that TRULY got this deal handed over to us.
They were comfortable with us.
They knew they could trust us.
They knew we could perform.
They had proof we are the real deal.
To summarize this transaction, I would tell every person listening to focus on building valuable relationships. THAT is what got this deal done.
I look forward to hearing about your deals, relationships and questions regarding real estate.
Follow Us Online At https://www.instagram.com/realestatehacks/
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/
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