5 Ways to Get Started Investing in Real Estate

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Shauwn Digman discusses the importance of building a team when real estate investing. Discover the benefits and advantages of networking with wholesalers, title companies, hard money lenders, and other real estate investors

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5 Ways to Get Started Investing in Real Estate

  1. 1. Five Ways to Get Started Investing in Real Estate Build Your Team
  2. 2. <ul><li>The real estate market changes quickly </li></ul><ul><li>You must evaluate your business model and make improvements to operation </li></ul><ul><li>If you were dropped into a strange city, how would you begin investing in real estate? </li></ul>
  3. 3. Building Your Team- Wholesalers <ul><li>Drive around neighborhoods and pick ones you want to invest in </li></ul><ul><li>Call the numbers on bandit signs that say “we buy houses” </li></ul><ul><li>Network with these wholesalers- they buy property </li></ul><ul><li>These are not your competitors, they are “teammates” </li></ul>
  4. 4. 1. Building Your Team- Wholesalers <ul><li>They’ll give you a list of buyers who you can wholesale property to </li></ul><ul><li>You can also use them to find deals </li></ul><ul><li>Either way you begin to see the pipeline of deals moving around your city </li></ul>
  5. 5. Building Your Team- The Internet <ul><li>Craigslist </li></ul><ul><li>REIA’s and franchises post and sell property over the internet </li></ul><ul><li>Find and call seller on the internet </li></ul><ul><li>Say “I’m new to the city, and I’d like to start wholesaling property” </li></ul>
  6. 6. Building Your Team- Title Companies <ul><li>“ Ninja Trick” </li></ul><ul><li>They know where invoices come from and who the fees go out to </li></ul><ul><li>They know who’s making money in real estate </li></ul><ul><li>Network with closers at title companies </li></ul><ul><li>They’ll tell you who’s doing deals so you can can call and email them </li></ul>
  7. 7. Building Your Team- REI Groups <ul><li>Go online to find a national REI group </li></ul><ul><li>Attend events and rub elbows </li></ul><ul><li>Wholesalers and property sellers will be there </li></ul><ul><li>Begin building a rapport with your new “teammates” </li></ul>
  8. 8. Building Your Team- Hard Money Lenders <ul><li>You may not want or need to borrow money from them </li></ul><ul><li>They know investors who buy property with equity in them </li></ul><ul><li>Sometimes the lenders must foreclose on these investors </li></ul><ul><li>In order to get these properties off their books, they’ll sell to you at a discount </li></ul>
  9. 9. Building Your Team <ul><li>No matter what city you’re in, you can use these methods to build your team and get started investing in real estate! </li></ul>
  10. 10. Passive Equity <ul><li>To learn more about real estate investing and private lending visit… </li></ul><ul><li>http://passiveequity.com/ </li></ul>

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