CTN (Criteria, Terms, Network)

1 Reply

Hey BP members,

I'm sure many of you have read The Millionaire Real Estate Investor and may remember these three terms as "The Dynamic Trio of Investing".

Not asking for any advice today but thought for those of you actively investing it could be beneficial to share these three points with the friendly BP Community. I am 18 and have not yet invested but if you have, share below...

-(Criteria) Type of Property, Location, Resale or Rental, Construction or Rehab

-(Terms) Required ROI, Down Payment, Purchase price, Interest Rate, Closing Costs

-(Networking) Types of people you work with to get your deal done, those who are worth the money and time

For anyone that wants to share, Thanks!

Originally posted by @Sam Giberti :

Hey BP members,

I'm sure many of you have read The Millionaire Real Estate Investor and may remember these three terms as "The Dynamic Trio of Investing".

Not asking for any advice today but thought for those of you actively investing it could be beneficial to share these three points with the friendly BP Community. I am 18 and have not yet invested but if you have, share below...

-(Criteria) Type of Property, Location, Resale or Rental, Construction or Rehab

-(Terms) Required ROI, Down Payment, Purchase price, Interest Rate, Closing Costs

-(Networking) Types of people you work with to get your deal done, those who are worth the money and time

For anyone that wants to share, Thanks!

 Hey Sam,

Good post. I shared here on BP how I made over $1 MILLION on one apartment deal. It answers your CTN in great detail:

https://www.biggerpockets.com/forums/311/topics/644570-how-i-made-over-1-million-on-1-deal-after-6-years-of-headaches