Saturday, December 7, 2013

All Day Long

As we’ve been talking to people around the country about investing we’ve run into a few sceptical people. These people want to know the details about the program such as, how much time will be required of me, how much knowledge and training are need to get started, and how much is it going to cost. These are all fair questions and something that one should know before they get started investing in any opportunity. Here are a few of the simple answers:


The time commitment is typically about 10-12 hours over the first four months in order to get started. After that it will require about 1-2 hours per transaction to update information and sign documents, review files and make your investing decisions. Finally, you’ll be expected to spend about 5-10 minutes per month managing the property, depositing rents and writing mortgage checks. It’s possible to find more ways to spend time but that is about all that would actually be required.


You are not expected to become a real estate investing professional before you start investing. In fact, you’ll never be expected to reach that level of expertise. But we have some basic training that we provide to help you become familiar with the markets we are investing in, some basic understanding of how to finance investment properties, and a basic working knowledge of property management. This helps the process go more smoothly for you because you’ll understand what we’re trying to do at each step of the investment process.


The big question is about how much money it will cost. There is an upfront, one-time fee to join Strongbrook and gain access to the investing power team. Then, as you transact business there are the ordinary fees (real estate commissions, loan origination fees, insurance, closing costs, property management costs, etc.) of investing in real estate. At the end of the day we’ve estimated that you’ll spend about $80,000 in real estate costs for every $1,000,000 that you make is collected rents, deposits and equity in your real estate investing portfolio. And if you’re interested, we can even show you our special financing program in which we pay you that $80,000 first. So, would you be willing to pay $80,000 in exchange for $1,000,000!


All Day Long



All Day Long

No comments:

Post a Comment