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- Understand the fundamentals of real estate investing
- Know how to evaluate contractors
- Understand how to evaluate a deal
- Be competent in evaluating the ROI of a real estate investment
- Know how to pick a "Real Estate Investor Friendly" Realtor
- Understand the important of building a team
- Know the best ways to finance their real estate projects
- Understanding of ROI
- Willing to take action
- Good attitude
- Willing to be of service
With 15 years experience investing in homes in his small (Pop. 9,768) town of Morehead City, North Carolina, Jay Conner has perfected systems which anyone with persistence, determination and willingness to work can do.
Real estate investing is one of the tried and proven paths to wealth. Ninety percent of millionaires used real estate as at least one of their paths to making their fortune. For the average investor, real estate offers the best way to develop significant wealth.
This foundational course covers:
Why real estate?
How to fund your investment
What is Hard Money
How to find Private Money
How to use Other Peoples' Money (OPM)
The best places to find houses to buy
How to turn your investment into profits
And much more....
Plus, Jay shares his biggest mistakes, Case Studies of deals averaging $67,000 per deal.
Start your real estate investing career on the right foot, enrol today!
- Experienced Real Estate investors who are not making the income they desire
- Inexperienced Real Estate investors who want more success and higher profits
- Entrepreneurs who want a new profitable stream of income
- Regular folks who want to make extra money
- Anyone with a full time job that wants to get out of that job or make a second income
Jay Conner, The Money Authority, is a successful real estate investor with over 15 years experience. In this course he shares the foundation of profitable real estate investing.
Should you use your own money to fund your real estate investments?
"Fixing and Flipping" is Jay's main real estate investing strategy.
1) What is Rehab?
People buy what they see and how it makes them feel. Everything looks and smells brand new. Jay has a contractor go in and redo the house. Countertops are always changed into granite. Landscaping the yard is important.
2) Why Rehab?
Biggest profit potential. It takes a bit longer.
3) Success Tips
A) Aim for first time homebuyer only. The is the biggest pool of buyers.
B) No major Rehabs. No moving walls or foundations. Cosmetic changes only ; Paint, carpet, roof, etc.
C) Work with good contractors. Check the local Builder Assoc. monthly meetings to find them.
Today, Jay Conner talks about his latest real estate deal ($70+K Profit) on Quailwood Court in North Carolina.
Discover how he found the house along with seven important lessons he observed as he went thru the process of acquiring and closing this deal.
Lesson One: Get your realtor is send you automatically all the new bank owned properties and any houses with price reductions.
Lesson Two: Have your realtor watch the "Hot Sheet". They receive any price reductions on MLS. This is a back up to lesson one.
Lesson Three: Time is of the essence. If you snooze, you lose. Once you determined that the property meets your requirements, you get out to look at the house and estimate repairs. Hot deals will get multiple offers fast.
Lesson Four: Accurately estimate repairs, so there are no surprises. Able to make an offer on the spot
Lesson Five: You must have your funding lined up before you make the offer. Jay offered to close all cash within 7 days of acceptance.
Lesson Six: Second chances ARV - $290K Repairs: $20K
Owners asked for highest and best offer
Another offer was accepted.
Realtor continued to monitor the house.
A week later the house came back on the market.
Offered $190K again. No Contingencies. Accepted in 2 hours.
Profits: Over $70K
Real Estate Cashflow Conference
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