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Three Tips for Real Estate Investors

by Julie Broad

I’m Julie Broad with Rev N You with Real Estate …and today I am going to tell you the story of the Ferrari Enzo and the Honda Civic. Then I am going to introduce you to our first property and give you three easy to use tips to find your own winning real estate investment.

If you’re not familiar with Rev N You, you may not know that our investing philosophy is not about getting rich quickly. It is about getting rich with real estate … and it’s about putting cash in your pocket EVERY month from your properties … but, for us, it’s about taking minimal risks to gain big rewards

When we launched our Real Estate Millionaire: The Essential Starter Course, we had readers write to us and say things like:

We love your down to earth approach but we can’t wait years to get rich
or
I don’t think your program is going to work for me - I think I need to do flippers to get fast cash
or
Sorry but your slower approach is just not going to work for me. I have to become a millionaire this year.

We get it!! We really do … after buying a couple of properties we weren’t getting rich fast enough so we set out doing a bunch of high risk deals. High risk deals that today we’d never touch  - because today we understand the fundamentals of real estate investing. And, for the right person with the right knowledge and resources, some of the deals we did would have been golden opportunities, some were just stupid.

But it’s why we now explain things with the Ferrari and the Honda.

You see - there are SO MANY ways to make money in real estate. And they are exciting!! Flipping, buying wholesale, development, subject to investing, lease option investing, buying foreclosures … the list is long … and there is BIG MONEY to be made and some of it can be made quickly!

But it’s like learning to drive on a Ferrari Enzo vs. a Civic.

<Watch the video for the story>

Get what I am saying?! What we teach are the fundamentals of real estate investing. YOU HAVE TO KNOW THEM to safely use any other technique. When we didn’t fully understand the basics and we got into no money down deals and flips we got ourselves in over our heads. And, had we not had good jobs at the time, we would have caused ourselves some serious financial problems.

Now, we’re confident in the fundamentals and we’re expanding into other strategies. Our wealth is going to grow at an accelerated pace … but even with our tried and true basic low risk investing strategy of buy and hold we’re still enjoying thousands of dollars in cash flow from our properties AND we have net worth of over a million dollars … so like I said … the Honda gets you there just maybe not quite as fast (but with much less adrenaline).
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Find an Article by Julie Broad in the September 2010 Issue of Canadian Real Estate Magazine

September Canadian Real Estate Magazine