On Today's episode of the Investor Empowerment Radio Show we break down the numbers on one of the completed rentals that you can find on my youtube channel if you'd like to see what it actually looks like from start for finish.
Start of the project: https://youtu.be/HPX0WiwWlvI
Final Walk through: https://youtu.be/uQSryOcPs7U
We break down the 'structure' of the deal, the acquisition, private money component, the 'rough' costs and the final numbers after the refinance is completed.
Also, on the 2nd half of the episode, I break down the possibilities of another 'wholesale' type deal that is exceptionally unique. It's allows for an investor or wannabe investor to get in at a low money down, zero credit, no loan type opportunity. Open your EYES and your EARS and listen to the opportunity!
In this episode I discuss "running your business like a business." Too many investors get ready to jump, and dip their toe in the water, or maybe get up to their knees, and then don't know where to go next. After thousands of dollars worth of education, and enough information to be dangerous, and hours of time spent figuring things out... Now what?
Some need a kick in the *ss, some need some direction, maybe on this episode I can help with both.
We will cover scheduling your day, following up with leads, generating leads, and treating your business a an actual entity that needs to surpass your day to day grind and start running on it's own.
Today's guest is Mike Todd, founder of IRA Innovations.
I know that I really don't know what I don't know... This is the first guest I've had on the show that covers the basics of how self-directed IRA's and 401k retirement funds work. And it's an eye-opener!
I gotta admit I have been dragging my feet for years on taking advantage of this great opportunity, and now I have a goal to get mine set up for 2017, as a matter of fact by the end of the month of February.
Can you take the Tax Free retirement challenge and build your IRA account to over $1,000,000???
So, have you ever been burned by a contractor? Are you considering getting started on your first rehab project and need to find some contractors? Or are you dipping your little piggy toe in the water figuring out how this all works with contractors when rehabbing a property...???
This is the podcast for you... Today I discuss the "Down and Dirty," Nitty-Gritty, let's kick some 2017 A** Committee points that you want to utilize, consider, write down and bring to the table when rehabbing a property.
Whether you are salty & seasoned or sweet & supple to this game, Working with Contractors is a CRUCIAL part of the real estate investing business.
And you don't want to miss out on the description of and method to employ your own "Big Box Store" Spreadsheet for your investment business.
Questions? Contact me @ firstname.lastname@example.org