Why Invest in Real Estate?

Why Invest In Real Estate?

Investing money is an excellent idea and is far better than letting it sit in the bank account.

However, it’s important to figure out what the right investment is going to encompass. Which direction should you go in moving forward?

The one subject that will come up is real estate because it’s a proven winner. There are many reasons for why real estate is a great investment and here are three of them for you to appreciate. Going down this path is a no-brainer for those who have the money to invest and want to get started.

1) Long-Term Growth

The growth potential is excellent for those who want to let things sit for a bit. The market tends to grow a bit because this is a must in the long-term with your investment. You can let it sit and see how it grows based on the market trends.

In most cases, the growth is going to be substantial, and it is not going to flutter as much as other investments can (i.e. stocks). You are going to feel assured about its ascent, and that is a must in this day and age. You will know it’s the real deal.

2) Safe Investment

The safety of you investment is necessary because you’re spending hard earned money on it. The one thing real estate can bring to the table is safety. You are looking at a stable market, and it takes a lot of economic negativity for it to flounder. There are minimal fluctuations, and this lets you remain aware of your property’s value year-round.

People enjoy this comfort when it comes to their investment and you will too.

It is going to make things simpler when you are piecing a portfolio together for your money and looking to make the most of it.

3) Multiple Options For Returns

You are not stuck with one option, which can be the case with other investments. For examples, with stocks, you can either hold them or sell. There is nothing in between. You cannot settle for less in most cases unless you are ready to take a significant loss.

Real estate is excellent because it gives you multiple options even if you’re selling.

1) Rental Income
2) Long-Term Sale (After 2-5 Years)
3) Short-Term Flip (Under 1 Year)

As you can see, there are many options. You can even hold onto a property for generations if necessary as long as it’s kept up-to-date. This will only rise in value with time in most places.

These are the reasons you want to invest in real estate over some of the other options on the market. Sure, you should be looking to diversify your portfolio, but the majority of your money should be pushed into real estate if you want to stay safe in the long-term. If not, you are never going to be content with the investment, and there’s going to be a massive risk involved too. It won’t let you sleep at night.

For those that would like to invest in real estate, finding a great real estate agent near you is essential and you can do so by using this link ->> Find a real estate agent near me.

If you’re near the Indianapolis area look no further than local Indianapolis real estate company Christopher Ellyn Homes. They have ample opportunities every month to invest in real estate by buying one of their properties they manage. We buy houses Indianapolis Indiana is what the motto they live by and they can help you find the right investment property in little to no time.

How to Wholesale Real Estate the Right Way

Wholesaling real estate is when a real estate wholesaler puts a distressed home under contract with the intent to assign that contract to another buyer. The wholesaler doesn’t plan on fixing up or selling the property. Instead, they market the home to potential buyers for a higher price than they have the property under contract for.

How to Wholesale Real Estate in 7 Steps

Wholesaling real estate is a very short term investing strategy. Some people confuse it with fixing and flipping, but there are key differences. Wholesaling real estate is beneficial if you want to get into real estate but don’t have a lot of cash, but downfalls can include confusion on its legality and complicated contracts.

Here are the 7 steps of how to wholesale real estate:

1. Find a Distressed Property to Wholesale

Distressed properties are typically best for wholesaling because they can be purchased under market value. Distressed properties are those in disrepair or those with owners who are motivated to sell quickly. Finding a distressed property will enable you to sell the property for more than what you put it under contract for.

Since part of the appeal of wholesaling real estate is the low capital requirements, those new to wholesaling real estate will typically look for free or inexpensive ways to locate distressed properties. Seasoned investors will have other means to locate distressed properties, which we discuss below. Three of these sources for finding distressed properties are real estate wholesale and real estate investment groups, online real estate sites, and using the services of an assistant.

Real Estate Wholesale Groups & Real Estate Investment Groups

Real estate wholesale and real estate investment groups are organized meetings between local real estate professionals and investors. They’re a great opportunity for new wholesalers to network with real estate agents, title companies, contractors, and appraisers. You may meet lead sources, partners and even mentors.

These clubs send out weekly emails with available properties for sale. This information can help you understand what is being bought and sold, how much they’re selling for, and what neighborhoods have inventory. This insight will be valuable later on when you apply it to your own wholesaling business. The properties in the email occasionally come from Realtors, but most are properties that distressed sellers have turned over to wholesalers to quickly sell.

You can find local real estate groups by doing a quick google search, joining a Meetup group in your city or joining a Facebook  or LinkedIn group. Contact your local Chamber of Commerce and ask them if they have any upcoming real estate investor meetings. There are also online directories that list local real estate investor groups which you can reach out to directly.

Real Estate Sites for Wholesalers

Real estate sites are are a great place to find distressed properties but you need to know which ones to look at. You want to utilize sites where motivated sellers are able to post their own properties.

You can find these motivated sellers and their distressed properties by looking on craigslist, FSBO and HomesByOwner.com. When using these sites, type in the city or location you are looking for and consider using keywords in your searches, when available. Keywords will narrow down your search so you are finding the most motivated sellers, thus the best deals. Some popular keywords include:

  • Motivated seller
  • Distressed property
  • Fixer upper
  • Sold as is
  • Must sell
  • Estate sale

Hire a Property Finder

Another popular and affordable way to find distressed properties is by using an assistant to help you find these properties. This property finder will locate properties that you can potentially wholesale. They will identify these deals by scouring neighborhoods, knocking on doors and cold calling home owners

This assistant won’t be an hourly employee and won’t be paid upfront. Instead, they will only be paid when you purchase one of the properties that they found and it goes to settlement. The real estate industry term for this type of assistant is a bird dog. The name is derived from the dog that hunts for birds; just as the assistant hunts for property deals.

A bird dog can be found in college students looking to make part time money, and job board advertising sites. They play an integral role in wholesaling because they will save the wholesaler so much time in finding properties. This time saved can be put into other areas of the business such as finding buyers and connecting with other investors.

Emile L'Eplattenier - wholesale real estate“In a low inventory high demand market like New York City, wholesaling is incredibly difficult, and as a result avoided by most agents. That said, I have heard of intrepid souls venturing deep into Brooklyn and working as “bird dogs” for investors. The ones that I knew of that saw success went from door to door with a solid door knocking script. The selling point here is obvious; it’s a low risk way of feeding around the edges of real estate investing. It can also be a good way to hone your pitching skills. That said, the odds of finding a deal are not great especially in a low inventory market like we’re in now.”

— Emile L’Eplattenier, Real Estate Sales and Marketing Analyst/Editor for Fit Small Business.

Other Methods of Identifying Distressed Properties

After you have completed a few real estate wholesale deals, it is fine to try out other methods of identifying distressed properties. Three common methods include putting up bandit signs, mailing flyers and working with a realtor who specializes in investment properties.

These methods take time and require upfront capital. You will need to delegate several thousand dollars to get bandit signs made and put up. These signs are designed to attract home sellers who need to sell their home for whatever reason and opt to not go the traditional route of using a realtor.

Creating and mailing out marketing flyers, letters, and postcards are another way to encourage distressed sellers to contact you. In order for this to be an effective strategy, you need to know who to send them to. You can buy online mailing lists, or use direct mailing services which do the work for you.

Another often overlooked way to find distressed properties it by searching probate court documents for recently inherited properties. You can look at divorce court records and public tax records to identify past due homeowners too. Once you compile a recent list you can send them flyers or letters including your contact information and mention that you buy properties in any condition. It is also important to mention you pay cash.

The last resource for identifying distressed properties is the help of a Realtor. A realtor can assist you in finding a property, but keep in mind, most realtors are not comfortable with the wholesale process. It is best to use a realtor who is also a wholesaler or get a referral from another real estate wholesaler or from one of the other real estate investment group members.The realtor’s commission will need to be factored into the purchase price of the home too.

Realtors tend to steer clear of wholesalers because they prefer to use their own contracts, and realtors feel more comfortable with the standard contract they are already familiar with. Realtors want to present a good faith deposit when making an offer on a house and since wholesalers don’t want to put up their own money, they often skip this step.

Realtors also don’t feel comfortable with assigning contracts because the property is essentially being sold twice and the homeowner is unaware of this.In general, realtors feel like the wholesaling industry is scrupulous and their reputation will be tainted if they are associated with it. Realtors are licensed and insured and want to uphold the code of ethics they undertook.

2. Make an Offer & Convince the Owner to Sell

Once you’ve identified a property that is a good deal and it is time to convince the property owner to sell the property to you and sign your contract. This step is important because it will be how you secure properties to wholesale and make a profit.

Approach the Owner

When approaching a homeowner, it is important to go about it in a delicate way. SInce a wholesaler is not a conventional real estate professional they will need to gain the homeowner’s trust before moving forward. This can be done by being professional, courteous and on-time when meeting the homeowner.

Make an Offer & Get a Low Price

Once the homeowner has agreed to meet with you, you’ll want to discuss the benefits of selling the home to you. Most wholesalers focus on how selling to them will alleviate whatever pain points are motivating the seller in the first place. An example might be helping someone avoid defaulting on a mortgage they can no longer afford.

Wholesalers will typically also emphasize how they will handle the contract, a property inspection, the appraisal and the closing process. This won’t put any additional stress on the homeowner since these things are being taken care of. Many wholesalers will highlight the fact that the homeowner won’t have any upfront costs.

It is also important to tell the homeowner about the property repairs that need to be done in order to fix up and rent or resell the house. This is important because the money spent on repairs will justify the offer you make to the homeowner.

Signing

The homeowner will need to sign your contract. You can use the help of a local attorney or realtor but most wholesalers write their own contract, alter a generic real estate purchase contract, or use a wholesaling agreement template. They do this so they can add their own clauses and do not have to adhere to all of the clauses in a standard Agreement of Sale. This will be discussed more later in the article.

Sherman Toppin - wholesale real estate

Most wholesalers tell the property owner that the buyer is, in fact, their partner. They do this so the owner doesn’t know that they’re assigning the contract and making a profit. Although this is legal, from what our legal experts have told us, it’s not recommended because it’s deceitful. They tell the seller about a partner, who is actually the assignor. This person is who they sell the deal to. That way they can show the site to them and tell them not to talk business according to Sherman Toppin, PA Attorney, and Real Estate Broker

3. Find a Title Company, Contractor, & Appraiser

A real estate wholesaler needs a title company, a contractor and an appraiser on their team. These professionals add a level of professionalism to your team and help your entire wholesale transaction run more smoothly. Each professional will save you time and money in the long run.

An appraiser that you work with can come out on short notice and give you an appraisal for the property you intend to wholesale. This will ensure you are paying the right price for the property and have room in the price to resell the contract and make a profit. An experienced buyer will also want to see an appraisal before purchasing the property.

A title company ensures the buyer is buying a legitimate piece of real estate.They run a title search on the property to see if there are any liens on it. The title company will be used at settlement and they will need to be investor friendly. This means that they are comfortable dealing with assigned contracts, which we will get into in a later section. Make sure to ask them this upfront and be honest about your intentions with the property.

Finding a reliable, reasonable contractor or knowledgeable handyman goes a long way in this business. The contractor can come with you to look at the potential property and can draw up an estimate of repairs. You may not think this matters since you aren’t fixing up the property and are selling it in ‘as is’ condition but it is helpful when you find a buyer.

All three of these professionals can be found through referrals, online searches and from recommendations from a real estate wholesaling group. Another real estate wholesaler will be able to tell you who he recommends using in your area too.

4. Assess Property’s Renovation Needs

By assessing what renovations a property needs, you know the costs and ensure they fit with your plan to profit off the deal. A distressed property that needs renovations means a higher margin for the investor that you sell the property to. This higher margin will allow you to make money off the deal as well.

You can give the estimate of repairs, that your contractor drew up, to the buyer so they know what to expect. They won’t be able to make you too low an offer based on overpriced repairs because you already know what repairs need to be made and how much they will cost. Having this estimate of repairs is a valuable negotiating tool and will increase your overall profit.

Knowing what renovations the property needs and how much they cost will also give you an idea of how much the ARV of the property will be. This is particularly important to show investors so they can see the value and potential profit that your particular property will bring them.

5. Find a Buyer

You found a property to wholesale, have the necessary professionals in place and know what repairs the property needs. It is now time to find a buyer. This won’t be a first time home buyer or a family, but instead, it will be an investor or a contractor who will be buying and repairing the property.

Finding a buyer is important and needs to be done quickly since there will be a settlement date on the contract which needs to be adhered to. When you are first starting out wholesaling, you may not have a list of buyers but you can find them in a variety of ways. Some of the most cost effective places to find buyers include:

  • Advertising the property on free websites such as Craigslist and Zillow.
  • Distribute flyers with the property information on it throughout the neighborhood
  • Email investors that you have met at investor meetup networking events with the property info

Once buyers start calling about the property, save their name and contact info, even if they aren’t interested in this property. You can create a quick spreadsheet or use a customer relationship management(CRM) software to save all of this info and this will be your buyer’s list. Every time you have a new property to wholesale, you can send it out to your buyer list. This will decrease your advertising costs, in turn increasing your potential profit.

6. Negotiate a Deal with the Buyer

Once you have found an interested buyer, it is time to negotiate a deal with the buyer. This negotiation is critical because it will determine how much money you make off the deal. Your profit will be the difference between what you purchased the property for and what you’re wholesaling the property for.

When negotiating with the buyer, use the contractor’s estimate to your advantage. Let the buyer know that you have other buyers interested and if they want to get this great property, time is of the essence. The buyer will need to leave a good faith deposit, which can be made out to the wholesaler, or the title company and held in escrow until the property goes to settlement.

When you are negotiating with the buyer, make sure all of your costs are covered

  • Appraiser fee
  • Contractor walk through fee
  • Title fees, if you paid them, to get a head start on the title search
  • Any marketing fees including what you will owe your birddog

Ensure that after your costs are covered, you will make enough profit to make the process worth your time, effort and gas money. In general, most wholesalers aim to make at least $2000 profit off of each wholesale deal. If you aren’t making that amount, the deal isn’t worth doing. Most wholesalers calculate a flat fee but ARV is still important for the investor, as is discussed in the Numbers section later in the article.

7. Closing on the Wholesale Property

The closing, or settlement as it is also known, will take place at the title company’s office and will last about 90 minutes. All parties will come together and the deed will be transferred to the new owner. Once this is done, it will be the completion of a wholesale deal.

The closing date will be mentioned in the contract you signed with the property owner and the contract you signed with the new buyer. All closing costs will be paid by the buyer and the seller unless otherwise agreed and the new buyer will receive keys to the property.

You chose an investor friendly title company that will conduct the closing to keep all parties satisfied. Since there were assignment clauses in both contracts, the wholesaler will generally not transfer the property into his name. This person, usually an investor, will put the property in his name, or more likely his company’s name. This is a way to avoid paying transfer taxes on two separate transactions.

The Philadelphia Department of Revenue and most Pennsylvania municipalities have been alerted to double transactions. They consider each transaction, even an assignment, a property transfer that needs to be taxed. The City of Philadelphia has been cracking down on wholesalers according to Sherman Toppin, PA Attorney, and Real Estate Broker

Who Wholesaling Properties is Right For

Wholesaling is right for people who want to get into real estate but don’t have the financial means to do so. It is also good for people with an eye for distressed properties and strong negotiation skills. Wholesaling will take a lot of time but it can reap significant rewards if done correctly.

In order to get started in the real estate wholesaling business, you need to perform some research. You will need to locate real estate investor groups where you can gain advice. You will also need to invest time in finding distressed properties and motivated sellers. Lastly, you will need to get familiar with the wholesaling contracts.

If you like to meet new people, have a passion for real estate and have strong communication skills you may consider getting into real estate wholesaling. For most people, it is their first foray into real estate. This is the case because it does not require a real estate license or any educational requirements. Compared to other real estate fields, it also requires less of an initial financial investment.

As you learn to wholesale real estate, you will begin to realize if you’re cut out for it or not. There are a lot of gray areas and it requires a large time commitment in order to find the properties and find buyers to purchase them. Once you do a few deals, you will be more familiar with the contracts, the marketing process and how to find distressed properties. Having this knowledge will give you the confidence you need to succeed in the competitive business.

Is Wholesaling Real Estate Legal?

Wholesaling real estate, in general, is legal. Wholesaling real estate involves finding a distressed property and then making an offer on it. The offer will be contingent on you selling it to another investor. Once the investor purchases the property, a wholesale deal will be complete.

There are many components to be aware of. Rules and regulations vary by state so it is helpful to turn to a local real estate investment group for advice. It is also advisable to spend a couple hundred dollars and consult with a real estate attorney in your area since there are so many grey areas.

Brian Pendergraft - wholesale real estate

Controversy surrounds the assignment part of wholesaling. This is where a wholesaler gets a property under contract and sells it to another investor for an assignment fee. There are many people that think it’s illegal because it’s brokering real estate without a license. However, it’s legal in MD and DC according to Brian Pendergraft an attorney at The Pendergraft Firm. What is legal for wholesalers to do in one jurisdiction may vary from one to the next.

Wholesalers often target people in foreclosure with direct mail. The Maryland Protection for Homeowners in Foreclosure Act (PHIFA) prevents people from representing that they’re “assisting the homeowner in preventing a foreclosure if the result of the transaction is that the homeowner will no longer own the property.”

The ‘stop foreclosure’ direct mail pieces that wholesalers send out in DC and Maryland may need to be modified to be in compliance with Maryland law according to Brian Pendergraft an attorney at The Pendergraft Firm.

What You Need to Know About Wholesaling Real Estate

You need to know as much as possible about wholesaling real estate. You will need to know where to find buyers and how to calculate the numbers so you make money. You will also need to know how the assigning process works and what to include in a contract.

Where to Find Buyers

Knowing where to find buyers is important because they are the people who will be purchasing the property and making you money. These buyers will be found from real estate sites, marketing flyers, and signs and from real estate investor groups.

Most wholesalers, start out with the free sites such as Zillow and Craigslist, which we mentioned in Step 5.The next progression is going to investor groups and seminars to get guidance on where to look for buyers and to also see if any of these investors are interested in purchasing your property.

Then you will use marketing materials that list these properties for sale. They can be posted in public places that see a lot of traffic and mailed to neighborhoods that you are targeting. These materials will let the readers know what a good deal your property is and that you have many others in different areas for sale too.

Eventually, you will have completed a few wholesale real estate projects and will have a handful of buyers that you consistently work with. You will get to know them and their preferences. You can look for properties that they want to buy based on what they tell you about their neighborhood preferences, style of home and investing strategy. This is also a great way to learn more about the industry by working with seasoned investors. It is less risky than hoping for a buyer to show up too.

How to Calculate Wholesale Profit

Calculating the numbers on a wholesale real estate deal is important because it will determine how much profit you will make. The profit is the whole point of the wholesale business. To get to the profit you will also need to know some other important numbers including ARV and renovation costs.

The deal needs to make sense for the real estate wholesaler and still leave room for the investor, also known as the buyer, to make a profit too. Here’s a simple equation to use so you make at least $2000 as a wholesale fee off of each deal. The Contract + Estimated Rehab Costs + $2k Wholesale Fee should be < ARV. The buyer needs to have room to make at least 15% off the deal.

Determining how you will make money is the basis of your wholesaling business. You will make money by purchasing distressed properties at below market values. You will then sell them to investors for more than you paid. The investor will buy from you because they still have room to make a profit on the property if they choose to fix and flip the home.

Assigning a Real Estate Wholesale Contract

Assigning a real estate wholesale contract is the process of purchasing a property from a homeowner and assigning it to an investor before you actually buy the property. This is done to reduce the upfront costs that wholesalers need to put out in order to buy a property.

Wholesalers will use their own contract so they can include certain language and clauses which are to their benefit. The first clause will give the wholesaler an out if they can’t sell the property. It says that if you haven’t found a buyer or a ‘partner’ as the contract words it, you are not obligated to purchase the property. This eliminates the risk of coming up with the money for the property if you can’t find an investor.

The second clause that wholesalers include is about assigning the property. They include a clause that states that they can wholesale the property to anyone or any business and that the seller does not have to be aware of this. This allows the wholesaler to essentially sell the contract and not have to put out the money to first purchase the house.

When assigning a contract, it is recommended to be as straightforward as possible. If you aren’t a licensed attorney don’t offer the seller or the buyer legal advice about the contract. Also, stay away from representing yourself as a brokerage if you are not licensed as one. This means that you do not represent one side more than the other. Stay neutral, and consult an attorney if any questions arise.

Rocket Lawyer is legal made simple. They provide contracts, affordable access to attorneys and quick online processes for registering your business.

Read more at – https://fitsmallbusiness.com/how-to-wholesale-real-estate/

How to get your FIRST Real Estate Wholesale Deal!

Follow these easy steps and get your first wholesale deal today!!!!!! Lets go!!!!!!

Join the #1 MOST PROACTIVE group in Real Estate: www.wholesalinginc.com/ttp ➡️📱

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Brent Daniels creator of the advanced wholesale training, TTP, runs a multi-million dollar wholesaling business out of Phoenix, AZ. He has coached tons of people with a simple and effective strategy on how to get on the phone and talk to motivated sellers. A natural leader, Brent combines his passion for helping his students with his proactive, little sleep, high energy, “doesn’t-want-to-wait-around-for-business” attitude to help you make the most out of the wholesaling cash machine.

The EASIEST way to Invest in Real Estate

The EASIEST way to Invest in Real Estate


If you’ve been thinking about investing in real estate but not quite sure where to start, start here. This video is for everyone who’s ever asked me: what’s the easiest way to get into real estate investing and build a million dollar portfolio. Enjoy! Add me on Insta/Snap: GPStephan

Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from {videoDescription} to over 0 million in sales: https://goo.gl/UFpi4c

Join the private Real Estate Facebook Group:
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The best way to get into real estate investing is through what I call “house hacking,” which is a practice in which you buy a multi-family building, move in one unit, then rent out the others. When done correctly, this could eliminate all of your housing costs, allowing you to live for free in the property – plus you’re investing your money in real estate and building equity, and depending on the area, sometimes you can even make a little profit each month at the same time.

Plus by buying the property as a primary residence, you can quality for much better loan terms and lower down payment than if you were just buying an investment property – which allows you a little more flexibility and leverage on your money.

Now if it sounds too good to be true, kinda… there’s a bit of a catch – you’ll need a down payment. You might be able to qualify for low down payment amounts, but I’m generally seeing most people needing to put around 15-20% down. You’ll also need a stable income, meaning you’ll likely need two years of tax returns. And you’ll also need a good credit score. Those three things will need to be in order for you to do this.

Video summed up:
1. Start where you live. Unlike investing out of area, when you invest near where you live, you already know which areas are good and bad. You can see firsthand which areas are improving the most. Which areas people want to live in. Where the most demand is. Where businesses and people are moving to. It’s this knowledge that gives you a huge advantage over everywhere else where you might not be as familiar.
2. Buy something that needs work. As a beginner, I recommend finding something that just needs to be cosmetically updated – these are often easy, surface-level repairs that can be done in a few weeks or months that have a pretty good ROI. It just means re-doing floors, re-painting, light landscaping, maybe updating a kitchen or bathroom…very easy things that most contractors will be capable of doing.
3. Understand cash flow and which properties make sense to buy. Most places will not work. Understand everything about cash flow, building up equity, tax write offs, and your net return after expenses.
4. Buy a multi-family property that needs minor cosmetic work.
5. Renovate it and by doing so, you’ll usually end up building extra
6. Rent out the other units and live in one of them yourself
7. After a few years, buy another multi-family building and rent the unit you were living in
8. Continue repeating this process every several years, building up a portfolio of investment real estate.
9. PROFIT.

Thanks so much for watching! Hope this helped, and make sure to smash that like button 😉

For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness@gmail.com

Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq

Favorite Credit Cards:
Chase Sapphire Reserve – https://goo.gl/sT68EC
American Express Platinum – https://goo.gl/C9n4e3

Why Working for Free Gives You Authority | Surprising a Fan From Twitter

Why Working for Free Gives You Authority | Surprising a Fan From Twitter


Super happy that I got to surprise a fan from Twitter! Calling fans in general is always a really good way to keep your community engaged and in-tune with whatever it is that you’re doing.

One of the main points that I really want to hit on again from this episode was the idea of working for free to build a reputation and credibility… If you don’t have a degree or the experience that other people do have, you should be working for free for 5-10 clients and crush it for them so that you can build up a strong reputation moving forward.

Thank you for watching this video. I hope that you keep up with the daily videos I post on the channel, subscribe, and share your learnings with those that need to hear it. Your comments are my oxygen, so please take a second and say ‘Hey’ ;).

Follow my entrepreneurial journey here:


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Gary Vaynerchuk is a serial entrepreneur and the CEO and founder of VaynerMedia, a full-service digital agency servicing Fortune 500 clients across the company’s 4 locations. Gary is also a prolific public speaker, venture capitalist, 4-time New York Times Bestselling Author, and has been named to both Crain’s and Fortune’s 40 Under 40 lists.

Gary is the host of the #AskGaryVee Show, a business and marketing focused Q&A video show and podcast, as well as DailyVee, a docu-series highlighting what it’s like to be a CEO, investor, speaker, and public figure in today’s digital age.

Make sure to stay tuned for Gary’s latest project Planet of the Apps, Apple’s very first video series, where Gary is a judge alongside Will.I.Am, Jessica Alba, and Gwyneth Paltrow.

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The 5 Golden Rules of Real Estate Investing

The 5 Golden Rules of Real Estate Investing


These are the 5 Golden Rules of Real Estate Investing that I have lived by, which has helped grow my portfolio from {videoDescription} to several million invested in Real Estate since 2011. Enjoy! Add me on Snapchat/Instagram: GPStephan

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1. Make money when you buy.
This is absolutely crucial when you invest in real estate – you either need to buy into cash flow, buy into equity, or buy into a combination of the two. Do not do what everyone else does and buy something at market rate for market rent without allowing yourself some room to improve those numbers, and your investment

2. Never fall in love with an investment
This is one I see too many people fall victim to. They go out to look for an investment, then see a home they “fall in love” with, despite it being a terrible money-sucking investment. But hey…maybe it’s just really charming, or reminded them of their childhood house, or whatever…point being, if it’s an investment, it’s a BUSINESS. Not a romantic-comedy. You cannot get emotionally attached to a property you’re investing in.

3. Big picture, laster focus
While the bigger picture is fine to pay attention to, local markets are much more important. Don’t get too caught up in headlines and following trends because real estate is such a micro-economy. Each property and city is its own individual investment opportunity. While they can trail overall economics, every single property is like its own stock – some are undervalued, some are overvalued, some are going up in value, some are going down…the specifics are what make this type of investment really, really unique. Your market will have its own opportunities outside of everything else that’s going on.

4. Think long term – get a fixed rate loan
This is one that I’m a firm believer in. Some people might disagree with this, they might want to take a riskier approach, but my philosophy is simple: buy once and hold. Even though you might be able to get a cheaper loan by going for a 5-10 year Adjustable Rate Mortgage, which means that your interest rate will only be locked in for so many years before it’s adjusted to market rate, it’s much safer to lock in a one-time rate NOW and then hold it. You know your holding cost will at least remain consistent throughout the life of the loan, until you either refinance, pay it off entirely, or sell.

5. Finally, make sure it cash flows.
You should focus primarily on your cash flow – how much money are you investing into the deal and how much will that make you every single month. Do NOT barely operate on a thin margin of cash flow unless you’re making a significant amount of equity and have the cash reserves to pay out of pocket if and when something goes wrong. The biggest problem I see happening is when people cash flow a few hundred dollars on their investment, barely scraping by, and then something comes up and wipes out a years worth of profit…even if they made a ton of money by paying down the loan, they need some type of cash flow for it to really make sense. Focus on cash flow, while still taking everything else into consideration. Cash flow first…everything else second, then evaluate the deal from there.

6. Bonus tip…don’t be your tenants best friend.
I’m a really, really nice landlord…sometimes too nice. When I first started, I really wanted to be buddy-buddy with my tenants and be the “cool” landlord. No. Bad idea. This is often when you get taken advantage of, even if its not even intended…this is when they start calling for personal favors, extended time on rent, or fixing things that aren’t your responsibility to fix. This often puts you in a difficult position between being a friend and being a business person. And once you’ve opened the friendship floodgates, it’s difficult to shift into the mindset that you’re running a business and that this is your investment. My biggest piece of advice is to treat it strictly as a business – be friendly to your tenants, but do not be friends. Stick to the contract and enforce it. It’ll end up saving you in the long run.

For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness@gmail.com

Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq

How to ACTUALLY Make Money for Free | The Craigslist “Free” Section

How to ACTUALLY Make Money for Free | The Craigslist “Free” Section


This is EXACTLY how you can make money for free! This video will literally change your life. 💸🔥

The only thing that stops people from winning is education and the work ethic.

I will no longer pander to the “I don’t have money” excuse that so many of you use. It’s over. Here’s why!

Thank you for watching this video. I hope that you keep up with the daily videos I post on the channel, subscribe, and share your learnings with those that need to hear it. Your comments are my oxygen, so please take a second and say ‘Hey’ ;).

Follow my entrepreneurial journey here:


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Gary Vaynerchuk is a serial entrepreneur and the CEO and founder of VaynerMedia, a full-service digital agency servicing Fortune 500 clients across the company’s 4 locations. Gary is also a prolific public speaker, venture capitalist, 4-time New York Times Bestselling Author, and has been named to both Crain’s and Fortune’s 40 Under 40 lists.

Gary is the host of the #AskGaryVee Show, a business and marketing focused Q&A video show and podcast, as well as DailyVee, a docu-series highlighting what it’s like to be a CEO, investor, speaker, and public figure in today’s digital age.

Make sure to stay tuned for Gary’s latest project Planet of the Apps, Apple’s very first video series, where Gary is a judge alongside Will.I.Am, Jessica Alba, and Gwyneth Paltrow.

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Real Estate Investing – 6 Things You Need To Know Before Investing

Real Estate Investing – 6 Things You Need To Know Before Investing


Thanks to our sponsor Fundrise, you can invest in Real Estate with just 0: http://bit.ly/FundriseStarterPortfolio
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🚨Read Our FREE eBook🚨 Get Richer Sleeping – Investing 101: http://bit.ly/m2InvestingeBook

My Worst Real Estate Investment Deal Ever: https://youtu.be/4-hnVtPCLms

Investing in Real Estate
0:09 – Why Real Estate is my favorite place to invest
1:00 – Getting started in real estate investing can be tough
1:11 – #1 Real Estate investing is a peoples game not just a numbers game
2:34 – #2 Where you buy your real estate investment property can be more important than what property you buy
3:53 – #3 How do you get started with real estate investing
5:41 – #4 Learn how to use the real estate tax system to your advantage
6:47 – #5 Things will go wrong when you invest in real estate
7:39 – #6 Real estate like every other asset class has cycles

What Is The Minority Mindset?
The Minority Mindset has nothing to do with the way you look or what kind of family you’re from. It’s a mindset.

Give the majority 0 and they will come back with a pair of shoes. Give the minority 0 they will come back with ,000.

Think from the mindset of a consumer and be the provider, that’s the Minority Mindset. Don’t be the majority. #FTM #ThinkMinority

Twitter/Snapchat @M2JaspreetSingh
Personal Instagram: @M2JaspreetSingh
Instagram: http://www.Instagram.com/MinorityMindset
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http://www.TheMinorityMindset.com
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Jaspreet Singh

Why Kindness is the Key to Winning in Business | The Front Row Entrepreneur Podcast with Jen Lehner

Why Kindness is the Key to Winning in Business | The Front Row Entrepreneur Podcast with Jen Lehner


There is nothing more Niche than being the human being. Your Niche is being you. Over the past few days I have been emphasizing on Kindness as I believe that this is the only reason why things are working out for me the way they are.

Find The Front Row Entrepreneur Podcast here: https://itunes.apple.com/us/podcast/the-front-row-entrepreneur/id1294131261?mt=2

Thank you for watching this video. I hope that you keep up with the daily videos I post on the channel, subscribe, and share your learnings with those that need to hear it. Your comments are my oxygen, so please take a second and say ‘Hey’ ;).

Follow my entrepreneurial journey here:


► Subscribe to my channel here: http://www.youtube.com/subscription_center?add_user=GaryVaynerchuk
►Check out my second channel here:
http://www.youtube.com/askgaryvee

Gary Vaynerchuk is a serial entrepreneur and the CEO and founder of VaynerMedia, a full-service digital agency servicing Fortune 500 clients across the company’s 4 locations. Gary is also a prolific public speaker, venture capitalist, 4-time New York Times Bestselling Author, and has been named to both Crain’s and Fortune’s 40 Under 40 lists.

Gary is the host of the #AskGaryVee Show, a business and marketing focused Q&A video show and podcast, as well as DailyVee, a docu-series highlighting what it’s like to be a CEO, investor, speaker, and public figure in today’s digital age.

Make sure to stay tuned for Gary’s latest project Planet of the Apps, Apple’s very first video series, where Gary is a judge alongside Will.I.Am, Jessica Alba, and Gwyneth Paltrow.

Check out my Alexa skill!:
http://garyvee.com/garyvee365

Follow Me Online Here:

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Planet of the Apps: http://planetoftheapps.com
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Worst Way to Start Investing In Real Estate

Worst Way to Start Investing In Real Estate


We always talk about the best ways to invest in real estate and having been in the real estate world in years, Steven and I have had our fair share of horror stories. Here are the 2 worst ways to start investing in real estate:

1. The flip
2. Getting in a 30-year rental property

If you don’t buy a property right, you are starting real estate wrong.

Watch and Enjoy!
Kris Krohn & Nate Woodbury

WORK WITH KRIS:
========================
Becoming a successful real estate investor is easier than most people know… as long as you have the right Mentor and the right system. Click here to learn your best options:
http://LimitlessMentor.com/TV/

BOOKS By Kris Krohn
========================
The Straight Path To Real Estate Wealth: http://limitlessmentor.com/TV
The Conscious Creator: http://amzn.to/2gFEkblLimitless: http://amzn.to/2gLQXoV

Be On Limitless TV
========================
Record your questions on video, and join me in a future episode:

MUSIC
========================
Tobu – Infectious

Artist: https://www.youtube.com/tobuofficial
Licensed under Creative Commons — Attribution 3.0 Unported— CC BY 3.0

========================
Video by Nate Woodbury (The Hero Maker)
BeTheHeroStudios.com
http://YouTube.com/NateWoodburyHero

Recording the Crushing It! Audio Book Over Super Bowl Weekend in Minneapolis | DailyVee 413

Recording the Crushing It! Audio Book Over Super Bowl Weekend in Minneapolis | DailyVee 413


Obviously my weekend was packed… I was in Minneapolis for the Super Bowl and then had to record the audio book for my new book, Crushing It!, and I went on a few podcasts/shows to talk about VaynerSports and why I’m aiming to disrupt the sports agency industry.

Thank you for watching this video. I hope that you keep up with the daily videos I post on the channel, subscribe, and share your learnings with those that need to hear it. Your comments are my oxygen, so please take a second and say ‘Hey’ ;).

Follow my entrepreneurial journey here:


► Subscribe to my channel here: http://www.youtube.com/subscription_center?add_user=GaryVaynerchuk
►Check out my second channel here:
http://www.youtube.com/GaryVaynerchuk

Gary Vaynerchuk is a serial entrepreneur and the CEO and founder of VaynerMedia, a full-service digital agency servicing Fortune 500 clients across the company’s 4 locations. Gary is also a prolific public speaker, venture capitalist, 4-time New York Times Bestselling Author, and has been named to both Crain’s and Fortune’s 40 Under 40 lists.

Gary is the host of the #AskGaryVee Show, a business and marketing focused Q&A video show and podcast, as well as DailyVee, a docu-series highlighting what it’s like to be a CEO, investor, speaker, and public figure in today’s digital age.

Make sure to stay tuned for Gary’s latest project Planet of the Apps, Apple’s very first video series, where Gary is a judge alongside Will.I.Am, Jessica Alba, and Gwyneth Paltrow.

Check out my Alexa skill!:
http://garyvee.com/garyvee365

Follow Me Online Here:

2nd YouTube: http://youtube.com/garyvaynerchuk
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