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What's the Best Way to Get
Started?
Join the WCRT on Saturday
February 13th for the next installment of the WCRT Wealth Builder
Series.
That’s probably one of the most
common questions asked by people wanting to begin real estate
investing. Another common question is, “How do I find a mentor to
work with?” Of course there is no one perfect answer for everyone.
It depends on a number of factors including; money available, goals
and current skill level.
Because Real Estate investing has the reputation of
being a great way to acquire wealth—there is a lot of interest in
learning how to become an investor. Real estate is a great way to
start on the road to wealth but there are many questions that need
to be answered before you make your first offer.
Many of the
publications and articles about how to get started investing from
real estate gurus are vague and confusing. And trying to learn to
invest in real estate out of a book is probably possible but is also
very difficult.
One of the biggest problems new investors
encounter is that they don't even know what questions they need to
ask in order to get started. The famous author Rudyard Kipling in
one of his most quoted poems once wrote:
"I kept six honest serving men,
They taught
me all I knew,
Their names are Why and What and When,
And How
and Where and Who."
As with many other things--these questions will
also guide you well in your quest to learn how to become a
successful real estate investor. Let's take a closer look at each in
turn.
Why?
Why do you want to start
investing? The answer to that question will go along way in
determining the degree of your success. If you have a strong enough
why—you will be able to continue and endure when the inevitable
problems arise. Many--without that strong sense of purpose--will
falter and quit at the first signs of trouble.
What?
There are many—what—questions that will need to be answered.
What are your goals? What is your criteria for the properties you
want to purchase? What techniques do you plan to use to locate good
property investments? What system or software will you use to
determine the optimal amounts to offer for properties?
When?
When do you plan to purchase your first investment property?
When will you be able to devote your time and efforts to the
numerous tasks involved in the investment process? When will you
make the time to study and acquire the massive amount of knowledge
you will need in order to become truly successful in the real estate
investment business?
How?
How will you fund your property purchases? How will you find
all the information needed in order to place informed offers? How
will you market your properties after the purchase? How will you
deal with a tenant problem?
Where?
Where will you set up your office? Where will your farm area
be? Where will you get answers to the many questions with which you
will be faced? Where will you find the educational materials you
need to study and learn? Where will you find the help you will need
to run your business?
Who?
Who will do the fix-up and maintenance on your properties? Who
will manage them? Will you manage them yourself or do you plan to
hire a management company? Who will answer the legal, financial and
tax questions you will surely have? Should you enlist a mentor? If
so who? Who will you turn to if the market goes south?
As you can see there are many questions that will have to have
answers before you will be able to find real estate investing success. But
the good news is that the answers are readily available to you when
you sign up for this amazing installment of the WCRT Wealth
Builder Series.
Real Estate Investing is not for everyone. This class is an
inexpensive way to find out if it’s for you, before you spend
hundreds or thousands of dollars on courses, books and other
materials. Find out what’s involved first hand, experience the
challenges as well as the rewards.
So rather than deal with the issues, come to the WCRT
Wealth Builder on Saturday, February 13th to learn how to get off
your butt and get moving the right way.
Ryan Steele is the National Director of the WCRT, Investment Director for ProTerra Enterprises and Principal with 4R Management. He has owned and operated several businesses and is the area expert on private and conventional financing sources, strategies and techniques for investors.
This is a MUST ATTEND EVENT. Seating is limited, so SIGN UP NOW!
Topics:
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Is Real Estate for you?
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Laying the Groundwork
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Establishing Your Business
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Building Your Team
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How to Screen Mentors/Investors properly
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Understanding Due Diligence
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Simple Marketing Techniques
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Creating Your Plan and
Path
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And much more...
Seating is EXTREMELY limited, so sign up today! | 
