Real Estate Training Academy System: Phases I-VI
Phase I: The Business of Real Estate
Before diving into the business, it’s essential to build a solid foundation. From Asset Protection Strategies (i.e. Setting up your company properly) to learning which investment vehicles will allow you to build immediate cash flow as well as long term wealth.
Phase II: Finding Deals
At the root of all successful real estate investors, is the ability to find Motivated Sellers. It’s important to decide on a target market, build a system, and then duplicate it! Some markets that you might consider starting off with include: Absentee Owners, Probate, Foreclosures, Bankruptcies, or Abandoned Properties.
Phase III: Funding Deals (Financing)
Once you’ve found a potential deal, it’s critical to find out what it’s worth. Flipping properties or holding them for rentals requires careful evaluation so that you don’t wind up being a “don’t wanter” yourself! Once you’ve evaluated a deal, it’s time to line up your money! Whether you’re using hard money, private lenders, or conventional financing, you must know how to fund your deals (and be able to hold them).
Phase IV: Farming Deals (Exit Strategies)
There are 3 basic exit strategies that most real estate investors start with: Wholesaling, Rehabbing, and Rentals. Certainly, there are other creative strategies like lease options, seller financing, contract for deed, etc. However, it’s often a good idea to get your feet wet with the former strategies as the tactics come into play with all of the more advanced tactics. For instance, if you’re going to get into lease options, it’s a good idea to understand the mechanics of landlording and property management. Ultimately, successful investors will have a well-rounded knowledge base and basic level of experience with each of these strategies.
Phase V: Real Estate Technology
To stay on the cutting edge - and to continue to be profitable in real estate - you must be on top of technology. We wouldn’t have a well-rounded system if we didn’t include some level of technology training, the Internet in particular.
Phase VI: Advanced Real Estate Topics & Investments
As you build your business, you will eventually branch out into other areas, whether they be multiple streams of income outside of real estate or more advanced investment opportunities within real estate such as real estate notes or hard money lending (when you’ve amassed enough wealth and you’re ready to let your money work for you). You will also want to sharpen your negotiating skills and hone in on your sales techniques. The trainings in this phase often apply to investors of every level!
I have to start soon makking money and I can invest in wholesaling to be able to do rehab in the near future. I live in San Diego and we are working with a realtor that is not moving now… so we want to use other vehicle to help us. We need good help, we are willing to work, but this have to be a real, because people in our organization does not know about how to invest with wholesaling. We are willing to go to other markets if San Diego is not good for this opportunity. I can only buy one course, get money and get other… my budget is on Credit card and limited
Please call me at 858 558 5914 or e-mail me back!
gudam! m from the philippines and I am really interested to b a real estate investor here.. n i dont know where to start, if m goin to have first a business name and wat type? and what are need it.. or i just make a deal first
Hello heather,
I’m learning so much from you. I want to get started in real estate especially probate. I don’t know where to start, or how. I’m a bit nervous about it since i’m broke but I really want to do this andbe financially free. What should I do? Do you know any really great real estate investors who would be willing to mentor a motivated student?
Hello,
I am looking for your product called ” finding Deals - foreclosures ” Phase II of your real estate system. Can I buy this and how much is it?
Thanks!
Heather, I’m having a little difficulty perusing your web site. I’m trying to figure out how many educational products you offer and their cost. I was recently on a webinar and you discussed probate as a nitch market. Do you offer a program on probate, bankruptsy or abandoned property? Are they all grouped together in one program and what is the cost? Thanks, Kathie
Hi Kathie!
Sorry for the delay!
I think that you’re looking for our interviews with the experts site.
Probate: http://www.interviewswiththeexperts.com/probate
Bankruptcy: http://www.interviewswiththeexperts.com/bankruptcy
Abandons: http://www.realestatetrainingacademy.com/reggie/
Hope that helps!
Heather
I saw your presentation on Mike Butler web site. I would like to get more infomation on your program.
cell 1-561-373-2257
Okay Thanks,
Gary