The Strategic Real Estate Run Down 5/7/15 – Your 40K Flips Questions Answered

Hi guys, it's Josh. I hope your week is off to a great start! I have a packed calendar ahead of me, but I wanted to take some time to share some tips, ideas and strategies that will help you grow your business.

40K Flips FAQ

 

You've most likely heard about the $40k Flips training and coaching program. It's typically about 10 weeks long and includes 20 live classes with me and my team. I cover everything from how to find great investments, to how to get them funded to the Property Launch Formula Selling process. I know that starting at the beginning in real estate investing can be a little scary, but this program was designed to help you learn in 10 short weeks what it takes some years to learn. You guys know I've been in the industry for around ten years now and by this point, I've almost seen it all. I don't think there's a question I can't answer, so I decided to take my latest Real Estate Investing Made Easy podcast and focus on your most frequently asked questions about this $40k Flips program. Give it a listen and comment below if there's any unanswered questions you want to know about.

If you still want to know more about what 40K Flips is all about and learn the exact blueprint of my real estate investing business, register for our free webinar tomorrow (Friday, May 8) at 2pm ET.

What is Asset Based Lending?

In the latest installment of Real Estate in 60 Seconds we cover "asset based lending", to keep on the same topic of frequent FAQ's. These are so fun to make and last week we covered what is asset based lending with Brian Stark, one of our underwriters at Strategic Freedom Funding.

How to Find Great Deals: Looking For Buried Treasure

I know you maybe new to the real estate investing world and others are seasoned veterans. Maybe one thing that's holding you back from becoming a full-time,  real estate machine is that you're having a hard time finding the right deals. I wrote a blog for Creative Real Estate Online where I discuss the key criteria I look for when finding a new property. You know I say it repeatedly, time is money and you need to know exactly what you're looking for so you don't waste any precious time!

The key is to know your "sweet spot," which are these below criteria I consider when looking at any possible investment:

  • Geographically desirable
  • Good schools
  • Affordability
  • Steady sales
  • Pride of ownership
  • Lowest possible "days on market"
  • Close to freeways
  • Close to shopping
  • Price range where just about anyone can afford

After you read my detailed blog, let me know if there's anything else you consider when searching for your next deal in the comments below.

Why Real Estate Should Be in Your Portfolio

One last thing I wanted to share with you is this great article I read yesterday on Barron's.com. I know some of you are hesitant to use real estate as a way to invest since the financial crisis, but this article sheds some light on why you should reconsider.

They say that evidence is showing that over the long term, investment in listed real estate offers an exposure to direct real estate (including real estate physical property investments and unlisted funds) while addressing the well-known illiquidity problems associated with owning a portfolio of individual buildings.

That's all for now! Comment below and let me know if there's anything specific you want me to touch on in the next edition of the Strategic Real Estate Run Down.

Have a great reat of the week!

-Josh

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