Win Through Perserverance

“In the confrontation between the stream and the rock, the stream always wins, not through strength but by perseverance.”

– H. Jackson Brown

Win Through Perserverance

7 Keys to Finding and Securing the Best Real Estate Investments

Before you start investing there are a few things that you can do to stack the cards in your favor, so to speak.  If you are prepared you have a much better chance of securing the winning offer on a fabulous deal.  But if you’re missing a vital part you could lose the whole deal.

The 7 keys to finding and securing the best real estate investments are:

1. Be prepared to purchase before you start looking


2. Avoid competition from investors by staying away from common arenas such as short sales and foreclosures, and instead, look for properties solely on the Multiple Listing Service.


3. Leverage the time and resources of realtors by having them find deals for you.


4. Purchase only single-family homes priced at or below the median home price for the area to secure immunity from market volatility.


5. Purchase only homes in livable condition and that do not require major repairs before you can sell them. Let your tenant make home improvements.


6. Use the focused search system to identify deals with at least 15 percent equity, and then get them before anyone else. Speed is of the essence.


7. Eliminate wasted time in the negotiation stage by cutting to the chase and avoiding tedious counteroffers.

(p.39, “The Strait Path to Real Estate Wealth)

By following these seven keys you’ll increase your chances that you’ll get the next deal and you’ll reduce you time and effort in securing the property.

7 Keys to Finding and Securing the Best Real Estate Investments

Different From Everyone Else

“Don’t be afraid to be unique or speak your mind, because that’s what makes you different from everyone else.”

- Dave Thomas, Wendy’s founder

Different From Everyone Else

Never Find Yourself Without A Compass

“Education is of no value and talent is worthless – unless you have an unwavering aim. Never find yourself without a compass.”

– Condoleezza Rice, Secretary of State

Never Find Yourself Without A Compass

Buy Homes with 15%+ Equity Position

When buying an investment property you want to purchase it with at least a 15% or greater equity position.  This is important for a number of reasons.

First, you make your money in real estate when you buy your investment, not when you sell.  Having 15% equity or more to start ensures that you will have a profitable real estate investment.  Too many people didn’t understand this important aspect of investing and they were counting on the market to appreciate in order to make money.  As a result of this gamble many investor have lost all of their money and have left the real estate game.

Second, having a 15% equity position in your property hedges you against the eventual downturn in the market.  Every market cycles and starting with a large equity position means that even if the market drops you can still sell your investment and make money.  In the strait path system we only anticipate holding property from 2-5 years but even in that short of a timeframe the market can change.  But with a large equity position we can usually sell for a profit or hold onto the property long enough to see the market rise again.

Third, with a 15%+ equity position in an investment property, along with the down payment, guarantees that the property will cash-flow from day 1.  Having a positive cash flow on any investment property is crucial to being profitable and being able to continue buying additional investment properties.  Far too often investors count on tax breaks to “cash-flow” but in reality have a negative cash position in the property.  Even some of the more savvy buyers barely show positive cash flow on an investment in the beginning.  Unfortunately, this low cash flow position counts negatively in their debt to income ratio and actually reduces their ability to invest in future property.  And a solid positive cash flow means that an investor can handle the eventual repair costs associated with investment properties.

Finally, there is something to be said for having a property with equity in it that allows you to sleep at night and not worry about your decision to be a real estate investor.  Equity means options leaving you in control of your real estate investing.  For more information about how to find these incredible deals in any market see my post “Turbo Charge Your Retirement with Investment Grade Real Estate” or visit me on the corporate site at Revolution.Strongbrook.com

Buy Homes with 15%+ Equity Position

Men Were Only Willing To Think

“All the problems of the world could be settled easily if men were only willing to think.”

- Thomas J. Watson


Men Were Only Willing To Think

Accomplish Extraordinary Things

“People do not decide to become extraordinary. They decide to accomplish extraordinary things. ”

– Sir Edmund Hilary

(First to reach the summit of Mount Everest)


Accomplish Extraordinary Things

Turbo-charge your Retirement with Investment Grade Real Estate

Real Estate Can Create Positive Cash Flow for Life!

We don’t just teach you how to succeed in rental real estate – we do it for you! Our turnkey program averaged 19.8% ROI* last year and has changed rental real estate investing for over 1000 investors so far.

Watch the video to learn what we could do for you!

Click this button to be taken to the Strongbrook Investor Resource Center

Turbo-charge your Retirement with Investment Grade Real Estate

Equity Builder Program in Action

The Equity Builder Program (EBP) is an amazing tool to help everyone achieve a win-win transaction. The premise behind the EBP is that it works like a rent-to-own (or lease option) but without a specific property to purchase.

The tenant gets an opportunity to build credit toward the purchase of a property while they work through whatever credit issues they need to resolve before buying their home. Imagine, they pay down more principle through this program than if they actually purchased the property!

The owner gets a higher than market rent, has long-term tenants, cash-flow property and an easy to manage property. The tenant must behave in order to get the purchase credit. It makes an average deal a great opportunity!

I have been trying to get a house rented in a traditional fashion for nearly a month. There have been several lookers but no takers. The home is old and needs some updating. We found a family that is struggling with credit issues due to a recent divorce. They are trying to rebuild their lives and need a place to start. They now have a house big enough for the family, building equity, have a home they can eventually purchase and they are thrilled to death. We have a house that would just break even that is now has a positive cash-flow, tenants who proactively want to improve the house and reduces the management headaches of the property. This is truly a win-win situation.

(We advertised this house for rent at $1,050/mo, $1,000 deposit, 1 year contract; we rented it for $1,250/mo, $1,500 deposit, 2 year contract)

Equity Builder Program in Action

Investment Capital is Everywhere

I was brainstorming to find money to get my current project off the ground. Where do you find money that isn’t being utilized and invested to it’s highest and best use? Here are a few ideas that I thought of this morning:
1. savings accounts
2. money market accounts
3. certificate of deposits (cd)
4. stock market accounts/portfolios
5. bonds
6. mutual funds
7. home equity lines of credit (heloc)
8. whole life insurance policies
9. retirement accounts (401k, roth, sep, self-directed ira, etc.)
10. seasoned llc’s (lines of credit)
11. commercial lines of credit
12. bridge loans
13. home-improvement loans
14. “hard” money
15. venture capitalists and angels
16. non-profit organizations (assets=collateral)

The next questions is how to get access to these sources of money. Who has the access?
1. friends
2. neighbors
3. past clients
4. previous/current investors
5. current investment owners
6. business owners (of successful businesses)
7. referrals
8. employees/employer/coworkers

And what do they need to feel secure enough to lend that money?
1. promissory note
2. trust deed
3. great deal (low risk)
4. personal guarantee
5. sufficient return on investment
6. reasonable time-frame (short)
7. control/ownership
8. confidence in your ability to perform

Investment Capital is Everywhere

Standing on Shoulders

“Help others get ahead. You will always stand taller with someone else on your shoulders. ”

- Bob Moawad

Standing on Shoulders

Gain Strength

“You gain strength, courage, and confidence by every experience in which you really stop to look fear in the face. You are able to say to yourself, “I have lived through this horror. I can take the next thing that comes along.” . . . You must do the thing you think you cannot do.”

- Eleanor Roosevelt

Gain Strength

Finding the Right Properties for the Best Returns in Real Estate Investing

When looking for the right property we are not simply looking for the biggest return.  We are looking for the best use of time and resources with the least risk and greatest chance for reward.  To that end we have a very specific set of criteria that we look for in the Strait Path Real Estate Investing system.

 

First, we only invest in single family homes.  We do not invest in condos, townhomes, duplexes, multiplexes, land, etc.  Those real estate vehicles are great and most investors will buy them.  The Strait Path system simply has chosen single family homes because they are the best overall vehicle for this system.

 

Second, we only buy homes priced below the median home price in any given market.  History has shown that the volatility in home values is less in this segment of the market.  The prices don’t jump as fast and they don’t fall as fast either.  But since we’re not dependent on inflation for profit that suits our system just fine.  Also, the greatest demand in any real estate market is for entry level home (up to the median home value).  That means that our investment homes will sell easily and quickly in any market, under any conditions (greatly reducing our investment risks).  Regardless of market ups and downs, the investment purchases stay below the median home value.

 

Third, we only buy homes that are in livable condition.  We stay away from fixer-uppers because they take too much time, too much money and are too much of a risk (what else might be wrong with the home that we haven’t discovered yet).  We are willing to do minor fix-up if the home is in generally good condition.  However, good condition doesn’t mean pretty.  We are willing to buy homes with dated carpet, tile, and cupboards.  This often gives our buyer-tenants the opportunity to improve and personalize the home to meet their individual needs. And most of the tenants that we place in the homes are thrilled with the chance to eventually own their own home and are willing to live in a home that is dated.  Ironically, these dated homes are often the homes with the best cash flow.

 

Before we take time to evaluate any home they must meet our three criteria:

1 – Single Family Home

2 – Priced below the median home value of the area

3 – Home is in livable condition (minor repairs allowed)

By keeping every investment home with these 3 criteria we minimize our risk under any market conditions.

Please stop by and visit http://revolution.strongbrook.com for more information about our revolutionary investing system and how you can take advantage of this tried, tested and proven system of profitable real estate investing.

Finding the Right Properties for the Best Returns in Real Estate Investing

Making a Difference in Lives

“What counts in life is not the mere fact that we have lived. It is what difference we have made to the lives of others that will determine the significance of the life we lead.”

-Nelson Mandela

Making a Difference in Lives

Free Book Details

Your free copy of “The Strait Path to Real Estate Wealth” can be downloaded at:

http://revolution.strongbrook.com/realestate/investor_resource_center_strait_path.html

use the passcode: free

You will have access to the digital copy and the mp3 audio files.  If you have any questions please feel free to contact us or comment on this site.

THANK YOU

Free Book Details

There are risks and costs to a plan of action

“There are risks and costs to a plan of action. But they are far less than the long-range risks and costs of comfortable inaction.”

- John F. Kennedy

There are risks and costs to a plan of action

Happiness is not a goal

“Happiness is not a goal; it is a by-product.”

– Eleanor Roosevelt

Happiness is not a goal

Finding real estate by looking in the right place

Finding the right investment property is the trick to becoming a successful real estate investor. Being able to buy right is how to create the profits in any real estate transaction. Knowing where to look becomes a crucial key in any investing system.

Most real estate investors and most real estate instructors teach people to look for real estate investment deals at auctions, short sales, foreclosures, fixer uppers, etc. While these are good places to find distressed real estate (good deals), it also happens to be a place with very high competition. The key to the strait path real estate investing system is to find massive discounts on real estate in an arena with very little competition. To this end, the straight path real estate investing system uses the Multiple Listing Service and real estate agents to find the some of the best deals on single family homes.

Very few investors focus on single-family homes in their investment portfolio which means that the competition for these homes on the Multiple Listing Service is very small. Not every home on the Multiple Listing Service will be an ideal home for investing. However, there are many homes that come on the market everyday that are priced right and ready to be purchased as a real estate investment.

In any market, 90 percent of the homes for sale will be priced in a saleable range. There will be five percent of the homes that will be significantly overpriced and simply will not sell. However, the 5% of the homes will be listed at the bottom of the market and potentially represent a significant discount on that real estate value. This bottom 5% of homes in the target market represent the market segment that we’ll consider purchasing homes from for the strait path real estate investing system. Having a real estate agent who knows and understands how to invest will be able to identify these properties and help you find them quickly.

For more information on how to find these discounted properties on the Multiple Listing Service visit our website at http://revolution.strongbrook.com and go to the “Investor Resource Center” tab to download a free copy of “The Strait Path to Real Estate Wealth” book.

Finding real estate by looking in the right place

Friday, September 6, 2013

Hello and Welcome to My New Blog

I’m excited about the opportunity to work with Strongbrook Real Estate.  This company has an amazing real estate investing system. Their real estate investment strategies work for everyone from the novice to the most experienced investor. The real estate investing system is called the strait path real estate investing system. In only 7 years this company has helped thousands of investors buy several thousand single family homes throughout the United States. This system is setup to help many many more investors to achieve their goals of financial freedom.

I just became acquainted with Strongbrook in the recent months and started to investigate their system. I’ve been very impressed with the integrity of the company, the simplicity of the real estate investment system, and the owners and operators of this company. The opportunity to begin investing regardless of your situation has meant an opportunity for anyone. Regardless of your financial situation, credit score or bank account, you can begin investing with Strongbrook real estate immediately.

The purpose of this blog is to share my journey investing with Strongbrook Real Estate. It is also designed to share the strait path investing system to anyone who would like to invest with Strongbrook or independently. Is also an opportunity to address questions for investors regardless of their prefered investing system. My background is as an investing real estate agent. I have done investments on various types of properties including single-family homes, multi-unit property, commercial and small residential development.

I hope you will take the time to join me on this adventure and I will look forward to working with you as we invest together to change lives throughout the world.  Please visit us at http://revolution.strongbrook.com.

 

Hello and Welcome to My New Blog

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