8 Rules for Becoming a Real Estate Investment Pro

Winn Properties Video Real Estate Blog With Bo Winn

If you’re a seasoned real estate investor or want to be one, this webinar will give you some tools to help you meet your real estate investing goals.

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Welcome to my webinar, Investor Magic: 8 Essential Rules for Maximizing Your Real Estate Investment.
If you’re a seasoned investor, or want to be, this webinar will give you some tools to help you meet your real estate investing goals. At the end of this webinar, there will be a free offer to get you started on your way to a real estate investing career.
So what qualifies me to present this webinar?
I have over 25 years of real estate investing experience, have closed millions of dollars in transactions, am a certified commercial investment member (CCIM), and am also a certified real estate strategist. I also have a strong background in property management and have managed and owned over 85 properties.
Without further adieu, let’s get started with Investor Magic: 8 Essential Rules for Maximizing Your Real Estate Investment. You can follow along with this outline which corresponds with the above video.
1. Know what success looks like. 0:53

• What do you want to achieve with your investment?
• How do you plan to get there?
• What is your goal?
• Have you written it down?
• Have you strategized your plan?
• Have you defined success?

2. Know what type of investment to make. 1:29

• Rental
• Rehabbing
• Flipping
• Buy
• Selling

3. Know what path will get you there — either active or passive. 2:42

• What type of investment are you looking for?
• Active: where you manage your own property and have a hands-on approach
• Different types of passive: one way is taking two points at the closing of a finished product on the amount invested at 12% interest with a six-month guarantee. If it closed in three months, you get the full six-month portion. That is done with a Promissory Note as a private lender. Pro Forma with renderings and the cost of materials with SKU numbers are also included.
• Another type of passive investing path is having a property management company manage your property.
• What is the success rate and number of deals completed?

4. Know what type of property to invest in. 3:53

• What type of property? Is ROI important to you? What is your measuring stick?
• Townhome or Condo
• Single detached
• Duplex
• Triplex
• Quadraplex
• Multi-family

5. Know the strategic location for your investment. 5:29

• Where do you want your property located?
• Depends on your investment type.

6. Craft a wealth management team. 5:49

• CPA
• Tax attorney
• Real estate attorney
• Lenders
• Inspectors
• Insurance agent
• Pest control
• Etc.

7. Being with the end in mind. 6:35

• What is your exit strategy and for how long? Do you have an exit strategy? If not, make one!
• More than 10 years? It depends!
• Five or 10 years? It depends!
• How about six years?
• Why?
• Law of diminishing return

8. Take action and make an investment! 7:18

• If you want more information, go to www.bowinn.com or call [phone]
• Find out more about our Strategic Investor Partnership Program.

I hope you enjoyed this webinar, and I look forward to connecting with you soon!