It’s sort of weird to start a headline about myself in third person. “Be A real Estate Millionaire” by Dean Graziosi — But I guess it helps with Search Engine Optimization. Not that I even deserve this site to have as much volume as it does at this point. When I first asked my team to create me a blog I figured I would be able to find the time to post a few times a week. Now I find it hard to post a few times a year. But I am getting better and I hope to continue to write posts that contain knowledge and value and not just fluff or hype..
The reason I wrote in the summary “The real deal or a bunch of bull” is because with so many people pitching their stuff out there it’s hard to sift out the crap and know what is for real. Before I hopefully offer you some wisdom today there are just a few things I want to say. My new book Be A Real Estate Millionaire WILL NOT print money for you, it WILL NOT buy your first house for you and it definitely won’t find your first foreclosure for you…
BUT – the techniques in that book are exactly the strategies I have used to make a pile of money. And I know they work for other people because those techniques have helped a mountain of people across America make a bunch of cash. So – is it a miracle book. It can be IF you apply the strategies, take action, overcome your fear and go for it. But if you just read it, take in the knowledge and do nothing then it is a valuable as the spare change in your pocket. Remember a$100 bill and a $1.00 bill are printed on the same paper yet one has a lot more value. The value of this book is APPLYING what you learn. Hope that helps.
Today I want to encourage you to get out there and see for yourself that making money with real estate can be YOUR reality. Your profitable reality! How can you do this? By just doing a dry run. If you are concerned you don‚Äôt have the experience or don‚Äôt have the money to get started then pretend.. That‚Äôs right pretend. Call a realtor you know or ask someone to recommend a realtor and tell them you are looking for distressed properties, foreclosures and REO‚Äôs. Tell them you would also like a list of properties that have been on the market for more than 5 months. Look in your local paper for property for sale by owner and look for lease options that may be in the rental section. Ask friends and family if they know of any homes that people need to sell. Stop by and look at that house that you have been driving by for years that looks like no one is living in and is a bit run down but has potential. This one posting is not going to make you a real estate investor but by doing this simple exercise you will see that there are a ton of opportunities out there once you take some action and know what to look for.
Once you compile a list of potential good deals ask that same realtor to run comps on the two homes you feel from your gut could be the best deal. Once he or she does that try and go take a look at them – see thier condition –see thier unique qualities or down falls. Then I would take a step further and make an offer on two of them for $10,000 to $100,000 or 15% to 50% less than what it comps out at and see what happens.
I am not trying to get you to waste anyone‚Äôs time but rather get the fear of finding a deal and making an offer out of the way. That same realtor once you learn more about investing and start doing it could make money from you for years to come. Again this email is not going to teach you to be a professional investor but it could get the most important part started. Taking action. Try to find a deal or two and as crazy as it sounds finding the money is the easy part. We can talk about that in a later post.
Right now I am going to pack and go to bed. I am getting up at 4:00 AM to fly to Utah to look at a farm up there that has a great potential for subdividing and putting up mid level priced homes. There is nothing more exciting than real estate. We just need to help you to crack the code ‚Äì get your first deal under your belt and then make it a part of your life. And then you to can feel the send of excitement I feel on every new deal. Talk soon.