All Forum Posts by: Chris Bounds

Join us for #RealEstateHackingLive as we ask top industry leaders:

"How do you successfully invest in out-of-state investment properties?"

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We will lead guests into topics including:

✔️ How do you break through in a competitive market?
✔️ How are you connecting with your audience in a way that’s relevant?
✔️ What marketing channels do you find most effective?​
✔️ What should you do to improve clients' experience?
✔️ What behavior trends are you seeing?
✔️ How are you building both Brand & Sales?

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Learn about the #1 Team of real estate agents at the fastest growing brokerage in history.

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See for yourself how you can leverage industry leading technology, modern marketing strategies, and multiple streams of income to increase sales, build wealth, and create a lifestyle.

6:30pm: Social
7:00pm: Presentation

The Invested Agents Legacy Team is not your average team of real estate agents.

We are a global group of real estate agents and investors with extensive industry experience, including:

✔️ Technology & Tools to scale and service your business
✔️ Sales & Marketing strategies that work in todays competitive market
✔️ Live and Archived Training by highly the world's top agents​
✔️ Mastermind & Mentorship to help you achieve your goals
✔️ ​Wealth Building & Passive Income through stock, revenue sharing, and real estate investments​
✔️ Systems & Resources for you to tap into without reinventing the wheel

Learn the Fundamentals of Real Estate Investing and double your business while building wealth and passive income!

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In this 8 part MasterClass you will learn how to invest in real estate and exponentially increase your business.

This MasterClass includes:

• Class 1: Mindset
• Class 2: Deal Flow
• Class 3: Evaluating Deals
• Class 4: Estimating Repairs
• Class 5: Financing
• Class 6: Rehabbing
• Class 7: Income Generation
• Class 8: Wealth Building

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Building a million dollar rental portfolio is a lot easier than you think.

The best thing is you do not have to have a ton of cash in the bank to start buying rental properties.

And even better you don't need nearly as many properties as you think to be a real estate millionaire.

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In this FREE MasterClass you will learn the strategy that successful real estate investors have been using for years to achieve financial freedom.

Join us for #RealEstateHackingLive as we ask top industry leaders:

"What should you consider before starting your first short-term rental?"

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Guests include:

Charlie Cameron
Bianca Tinsley
Matt Gardner
Beau Bailey
Vee Le

We will lead guests into topics including:

✔️ How do you break through in a competitive market?
✔️ How are you connecting with your audience in a way that’s relevant?
✔️ What marketing channels do you find most effective?​
✔️ What should you do to improve clients' experience?
✔️ What behavior trends are you seeing?
✔️ How are you building both Brand & Sales?

⭐ RSVP for event updates and reminders.

Think about that a little bit. Investors want equity. You're describing a situation where not only is there no equity, there is less than no equity.

The only two possibilities I see are:

1. If there is a better use for the property through repurposing or development
2. The seller offers an great seller financing option allowing an attractive cash flow

I've bought seemingly little to no equity rentals before because they cash flowed well. Appreciation takes care of the equity problem over time. Of course, this requires caution. 

We use NREIG for our properties. 

Not KW, but I would enjoy meeting for all of the above if I didn't live in hot & humid Houston, Texas! ;-) 

6 figures is excessive. I've seen many in the 4 to 5 figure range, as high as $50k.

Some groups offer a lot of value while others are be a waste of money.

Regardless, you do not have to join one to be successful. We flipped over 50 properties before ever joining a mastermind.

Sometimes smaller boothcamps for less than $500 can be helpful to get a quick start. Just know that there is often a high pressure upsell for "next level" course that is much more expensive. 

PA isn't the first state to do this and there are many others considering it.

This trend will continue. 

If you plan on actively being in real estate for years to come, getting your license can only benefit you. 

How do I handle disclosures?

"Mr. Seller, I am a licensed real estate agent and not someone who took a weekend bootcamp that just wants to tie up your property without any earnest money and steal your equity. During our appointment we'll discuss a few options to consider, including selling it quickly and in as-is condition, a traditional listing, or maybe something different. How does that sound to you?"