How To Buy Real Estate - The Things That Are Helpful To Know

How To Buy Real Estate - The Things That Are Helpful To Know

Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votes
How I Made Millions Investing In Real Estate - Common Questions & Answers

List of Teaching - what you should know - Avoid the pain of not knowing

New people ask all the time, "What now? and "How do I Do This . . ."and they Say, “I have Analysis Paralysis" and "I’m Just Getting into Real Estate" and "How Do I get Started" and so on. Two people just PM’d me specifically on those types of questions.

How do you know what questions to ask? So, here’s the answer

You Start at the beginning and ask what your goal is.

Real estate only consists of a few components.

1. Time 2. Money 3. Knowledge 4. Execution 5. Locaction

You can learn all of it (almost for free) if you dedicate enough time to the process. You can speed up the time considerably (that takes money) by having someone take you hand in hand all the way to the purchasing and managing of properties. But ultimately, you are the one that has to execute the plan.

It's all about the "Time Value of Money" and "Missed Opportunities" and "Getting Started". What is Your Future Worth?

Since most people starting out don’t have the real estate vocabulary, I’ve taken the subjects that I teach and listed them here. You don’t have to do all of these, but you do need to do quite a few to become a roaring success in real estate investing.

You can uses these techniques from California to Maine and from Washington to Florida and almost everywhere in-between. But, it means taking action. 

Ask whoever is going to teach you if they cover the Following and find a better teacher, if they don’t. Now, go buy some properties!

Subject To
Finding Sellers
Structuring
Negotiating
Contracts
Processes
Structure
Paperwork
Agreements
Disclosures
Pitfalls
Recording
Escrow
Due On Sale Insurance

.

Marketing
Mailers
KPIs
Skiptracing
SMS
County Records
Scripts
Cold Calls
Meetups
Charts
Tracking Leads


Comps
ARV

Redfin
Zillow
Realtor
Propstream
MLS

How To Comp

Wholesaling
Acquisitions
Dispositions
Assignments
Finding Sellers
Finding Buyers
Contracts
How Transaction Flows
Problems
Solutions

Seller Financing
Finding Sellers
Contracts
Processes
Structure
Paperwork
Agreements
Disclosures
Pitfalls

Financing
HML
Private Money
Gap Funding
Bridge Loans
Credit
Bank Lending
SDIRA / 401(K)

Exit Strategies
Lease Options
Land Contracts
Wraps
STRs
Rentals
Residence

Fix & Flips
Contractors
Inspections
Zoning
Permits
Best Use

Probate
Paperwork
Process
What to expect
Timeline
Personal Representative
Buying Properties
Marketing

Lease Options
Finding Buyers
Structuring
Negotiating
Contracts
Processes
Structure
Paperwork
Agreements
Disclosures
Pitfalls
Recording
Escrow
Insurance
Setting Prices

.

Pre-Foreclosures
Pre-Foreclosure Websites
Marketing
Methods
Contracts
Prcesses
Legal
Sources
Problems
Solutions


Analysis Paralysis
Getting Started
Deciding Direction
Local Vs Out of State
Having A Website
Selecting A Market
Neighborhoods
Crime

Buying a Property
Location
Type
Exit Strategy
Mortgage
Maintenance
Escrow
Sources
Good Deal
Comps
Contracts
Negotiating
Making Offers

Rentals
Landlord
Rent Rates
Rental Checklist
Rentometer
Tenants
Security
Cap Ex
Reserves
Maintenance
Taxes

STRs
Acquiring
Location
Financing
Numbers
Furnishing
Cleaning
Permits
AirBNB
VRBO
Atmosphere
Vacation
Travel
Biz

MLS
Dealing With Agents
Leads
What To Look For
Expireds
Limitations

Buying – General
Negotiations
Appraisals
Contracts
Escrow

Title
Escrow
Insurance
Closing
Liens

Multifamily
Cap Rates
Cash Flow
C On C
Locating
Inspections
Rent Rolls

Joint Ventures
Partners
Partnerships
Joint LLCs
What To Know
What To Avoid
Set Up
Goal

Spreadsheets
Figuring Deals
Tracking Leads
Sorting Data
Creating Labels

Systems & Procedures
Procedures
Resources
Hired Help
Finance
Team
Goals

Taxes
1031 Exchange
Depreciation
Dealer Status
Investor Status

Asset Protection
LLCs
Operating Agreements
Insurance

Deeds
Contracts
Ownership Transfer

Land
Locating
Selling
Acreage
Tax Deeds

Legal
Lawsuits
Things To Avoid
Attorneys

Lending
Becoming a lender
Contracts
Notes
Deeds
Assignments
Performing
Non-Performing Notes

Wraps
Contracts
Payments
Payoffs
Insurance

REOs (Bank Owned)
Short Sales
Auctions

Videos
Best
Basics
Sources

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  • Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votes
    1y
    Quote from @Ken M.:
    How I Made Millions Investing In Real Estate - Common Questions & Answers

    List of Teaching - what you should know - Avoid the pain of not knowing

    New people ask all the time, "What now? and "How do I Do This . . ."and they Say, “I have Analysis Paralysis" and "I’m Just Getting into Real Estate" and "How Do I get Started" and so on. Two people just PM’d me specifically on those types of questions.

    How do you know what questions to ask? So, here’s the answer

    You Start at the beginning and ask what your goal is.

    Real estate only consists of a few components.

    1. Time 2. Money 3. Knowledge 4. Execution 5. Locaction

    You can learn all of it (almost for free) if you dedicate enough time to the process. You can speed up the time considerably (that takes money) by having someone take you hand in hand all the way to the purchasing and managing of properties. But ultimately, you are the one that has to execute the plan.

    It's all about the "Time Value of Money" and "Missed Opportunities" and "Getting Started". What is Your Future Worth?

    Since most people starting out don’t have the real estate vocabulary, I’ve taken the subjects that I teach and listed them here. You don’t have to do all of these, but you do need to do quite a few to become a roaring success in real estate investing.

    You can uses these techniques from California to Maine and from Washington to Florida and almost everywhere in-between. But, it means taking action. 

    Ask whoever is going to teach you if they cover the Following and find a better teacher, if they don’t. Now, go buy some properties!

    Subject To
    Finding Sellers
    Structuring
    Negotiating
    Contracts
    Processes
    Structure
    Paperwork
    Agreements
    Disclosures
    Pitfalls
    Recording
    Escrow
    Due On Sale Insurance

    .

    Marketing
    Mailers
    KPIs
    Skiptracing
    SMS
    County Records
    Scripts
    Cold Calls
    Meetups
    Charts
    Tracking Leads


    Comps
    ARV

    Redfin
    Zillow
    Realtor
    Propstream
    MLS

    How To Comp

    Wholesaling
    Acquisitions
    Dispositions
    Assignments
    Finding Sellers
    Finding Buyers
    Contracts
    How Transaction Flows
    Problems
    Solutions

    Seller Financing
    Finding Sellers
    Contracts
    Processes
    Structure
    Paperwork
    Agreements
    Disclosures
    Pitfalls

    Financing
    HML
    Private Money
    Gap Funding
    Bridge Loans
    Credit
    Bank Lending
    SDIRA / 401(K)

    Exit Strategies
    Lease Options
    Land Contracts
    Wraps
    STRs
    Rentals
    Residence

    Fix & Flips
    Contractors
    Inspections
    Zoning
    Permits
    Best Use

    Probate
    Paperwork
    Process
    What to expect
    Timeline
    Personal Representative
    Buying Properties
    Marketing

    Lease Options
    Finding Buyers
    Structuring
    Negotiating
    Contracts
    Processes
    Structure
    Paperwork
    Agreements
    Disclosures
    Pitfalls
    Recording
    Escrow
    Insurance
    Setting Prices

    .

    Pre-Foreclosures
    Pre-Foreclosure Websites
    Marketing
    Methods
    Contracts
    Prcesses
    Legal
    Sources
    Problems
    Solutions


    Analysis Paralysis
    Getting Started
    Deciding Direction
    Local Vs Out of State
    Having A Website
    Selecting A Market
    Neighborhoods
    Crime

    Buying a Property
    Location
    Type
    Exit Strategy
    Mortgage
    Maintenance
    Escrow
    Sources
    Good Deal
    Comps
    Contracts
    Negotiating
    Making Offers

    Rentals
    Landlord
    Rent Rates
    Rental Checklist
    Rentometer
    Tenants
    Security
    Cap Ex
    Reserves
    Maintenance
    Taxes

    STRs
    Acquiring
    Location
    Financing
    Numbers
    Furnishing
    Cleaning
    Permits
    AirBNB
    VRBO
    Atmosphere
    Vacation
    Travel
    Biz

    MLS
    Dealing With Agents
    Leads
    What To Look For
    Expireds
    Limitations

    Buying – General
    Negotiations
    Appraisals
    Contracts
    Escrow

    Title
    Escrow
    Insurance
    Closing
    Liens

    Multifamily
    Cap Rates
    Cash Flow
    C On C
    Locating
    Inspections
    Rent Rolls

    Joint Ventures
    Partners
    Partnerships
    Joint LLCs
    What To Know
    What To Avoid
    Set Up
    Goal

    Spreadsheets
    Figuring Deals
    Tracking Leads
    Sorting Data
    Creating Labels

    Systems & Procedures
    Procedures
    Resources
    Hired Help
    Finance
    Team
    Goals

    Taxes
    1031 Exchange
    Depreciation
    Dealer Status
    Investor Status

    Asset Protection
    LLCs
    Operating Agreements
    Insurance

    Deeds
    Contracts
    Ownership Transfer

    Land
    Locating
    Selling
    Acreage
    Tax Deeds

    Legal
    Lawsuits
    Things To Avoid
    Attorneys

    Lending
    Becoming a lender
    Contracts
    Notes
    Deeds
    Assignments
    Performing
    Non-Performing Notes

    Wraps
    Contracts
    Payments
    Payoffs
    Insurance

    REOs (Bank Owned)
    Short Sales
    Auctions

    Videos
    Best
    Basics
    Sources

    You can use this list as a basis for planning your care and maintenance of your investing
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