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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