“The key to successful time management is doing the most important task first, and giving it your full concentration, to the exclusion of everything else.” – Alex MacKenzie
Successful Time Management
Our team finds the best real estate deals in the hottest markets, mortgage financing, property management and the best tenants too! We're here to help normal people to invest successfully in real estate so that they can retire in the next 10 years. We also want to teach, inform and answer questions investors may have as they work through their real estate deals.
“The key to successful time management is doing the most important task first, and giving it your full concentration, to the exclusion of everything else.” – Alex MacKenzie
As we draw to the end of this year we would do well to consider what we’ve been able to accomplish over the last 12 months. Â At the beginning of the year we hosted a little seminar that talked about some of the seriously underused tax strategies that are available to use but we simple don’t know about them. Â As part of the ongoing partnership between Strongbrook and RevREI we want to make sure that you have every advantage to build your financial legacy.
As a recap, I’ve reposted this video of the tax seminar. Â If anything in this video makes sense to you then be sure to contact us for more information. Â This information is about more than reducing your tax bill this year. Â We want to help you build a financial legacy that you can pass on to your children and grandchildren.
“If you want to get the best out of a person you must look for the best that is in Them.”
- Bernard Haldane
“The pro is the person who has all the hassles, obstacles, and disappointing frustrations that everyone else has. yet continues to persist, does the job, and makes it look easy.”
- David Cooper
“God gives everyone certain attributes, characteristics, talents, and then He says, “If you use what you have I’ll increase it, but if you don’t use it, you’ll lose it.” Use it or lose it; it’s a law.”
- Charlie “Tremendous” Jones
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!
“It’s better to look ahead and prepare than to look back and regret.”
- Jacki Joyner-Kersee