2. Are you feeling confident after a real
estate flip or two? That’s a great
start, but the real earners are
turning over multiple houses every
month.
3. If you understand the mechanics of
the markets, you may start to earn
good money. Running large and
multi-faceted real estate projects is
no easy feat. To reach the top of your
game it will take dedication, a sharp
learning curve and the ability to get
over tough losses.
4. Every real estate mogul from Donald
Trump to the Blackstone Group
developers understand that not
every deal is a money maker. Real
estate is full experiences to educate
and inspire you to improve.
5. Let’s start small. Here’s Center
Street Lending’s ultimate guide to fix
and flipping homes the smart way.
7. If you want to buy real estate assets
in order to make money on them, the
perception is you need a chunk of
your own change to get started. Many
of our entry level investors come into
their first deal with the idea that they
need to put up their own credit,
personal collateral and assets in
order to get funding.
9. End your night with a hot cup of tea
and brainstorming for the day ahead.
Plan concrete tasks. Real
entrepreneurs, for example, know
how to plan. They make decisions.
They think clearly.
10. They plan. If you can build strategy
and planning smartly you will create
a flow for your day. This ultimately is
the best way to check of the most
important items off your list.
12. This will count as an expense at first,
but will help you in a numerous ways
as you get going. Yes, you may just
want to invest and flip properties and
hire a realtor each time to market
and close the sale. That’s fine.
13. But what you’ll gain from becoming a
realtor is access to your local MLS to
scour for listings, a deep
understanding of your state’s real
estate laws and best practices to keep
you out of hot water, the ability to
network with other real estate
professionals and tap into their
investor networks, Etc.
14. The BENEFITS of being licensed and
truly knowing your business are
endless. So go out there and get that
license!
16. Planning your day the night before is
great, but it’s just that — a plan.
Things happen throughout the day
that will throw you off so it’s
important to do a check in around
lunch time. What have you
completed?
17. What things still absolutely must get
done? Who do you need to call? What
do you need to finalize? If you take
time to think about these priorities,
you will stay productive as the day
goes on. The key is to get back on
track. Know your goals for the day,
and make sure you have them
prioritized.
19. Can this be done tomorrow? Stop
wasting your energy and focus on the
priorities of the day.
20. Is this what I planned to do today? If
you’ve gotten off track, work your
way back on that track. Ask yourself
how your distraction is getting you to
buy more real estate.
21. Finding the right opportunities to
grow your business will take time. It
will feel like too long but the more
dedication you put into it the better
the results will be.
22. At Center Street Lending, we
evaluate the strength of each
investor’s business plan, the market
conditions, and the team. All of this
together equate to how we assess the
risks involved when lending to them.
This process takes about a week
23. This non-asset based lending model is
a unique hard money loan product
that we pride ourselves on being able
to provide to investors who need
capital to get going.
24. It’s easy to secure funding if you’ve
been successfully flipping homes for
several years and can prove a
portfolio of projects that have made
money – it’s not as easy to secure the
capital to buy a property and the
extra money required to renovate it
without that track record.
25. That’s what we specialize in here at
Center Street Lending. We know the
business and a good bet when we see
one.