40 Days to Success in Real Estate Investing by Robert Shemin

By Robert Shemin

Buy your first funding estate in exactly forty days!

many of us are looking to get into actual property yet simply do not know the place to start. actually, genuine property investor Robert Shemin hears an identical query many times in his seminars--"But the place do I start?" Now, Shemin's forty Days to good fortune in actual property making an investment ultimately solutions that query as soon as and for all. It deals a confirmed, daily plan that covers the fundamentals of actual property making an investment, is helping you place a possibility pursuits, and tells you what activities to take on a daily basis to arrive these goals.

From getting encouraged, to discovering nice houses, to negotiating and shutting in your first deal, this simple, precious consultant walks you thru each step of Shemin's 40-day plan. alongside the best way, you will study the entire fundamentals of actual property making an investment, including:
* finding properties
* Foreclosures
* estate analysis
* executive agencies
* Contracts
* Networking
* Negotiations
* Making an offer
* Financing purchases
* Wholesaling
* hire options
* procuring and protecting property
* estate management
* universal error to avoid

every one bankruptcy covers a brand new subject for a brand new day, and springs with worthwhile case reports, examples, and day-by-day actions that supply motivation and maintain you heading in the right direction. With an easy plan and professional recommendation from a real actual property insider, forty Days to good fortune in actual property making an investment promises the entire info and perception you would like. All you might want to carry to the desk is the will and motivation to benefit, attempt, and be successful.

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Extra info for 40 Days to Success in Real Estate Investing

Sample text

How many people are willing to call on 50 penthouses? How many people are willing to hear 49 “no’s” and still make one more call? On the fiftieth, I got lucky. I promise you, if you stick with it and look for motivated sellers long enough, you’ll get lucky too. You’ve just got to go out there and do the activity. 31 4 0 DAYS TO S U C C E S S I N R E A L E S TAT E I N V E S T I N G What Are Foreclosures? One way to find motivated sellers is to delve into the foreclosure market. Foreclosures happen when people can’t make the payments on a debt, and the lender tells them it is going to take the property to pay off the debt.

You can specialize in foreclosures in any one area. Remember, you’re looking for motivated sellers. If the IRS has a lien against someone’s house, that owner might be motivated to sell. If the DEA has put people in jail for dealing drugs and forces the owners to auction off their house, they may be motivated. You can start networking with the people in the governmental agencies and ask if they know of any real estate deals. You might laugh this idea off, but consider what one deal is worth. If you find one house worth $100,000 for $60,000 and wholesale it for $80,000, then you’ll make $20,000.

What motivates people to sell real estate for below market? I don’t know, and it doesn’t matter. Years ago, I gave up trying to figure out why people do things. People don’t make sense. How much time do you spend worrying and thinking about why people do 29 4 0 DAYS TO S U C C E S S I N R E A L E S TAT E I N V E S T I N G things or don’t? It’s not a very good use of your time. Let’s get something out of the way right now. People can be very strange. Why don’t more people do real estate investing?

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