By G. William Barnett II
No funding technique has created extra millionaires than genuine property ...even in less-than-stellar markets. This new version of the bestselling "Are You Dumb sufficient to be Rich?" empowers readers to take their first steps towards genuine property making an investment. The booklet walks readers via a different 120-day plan for beginning down the line to actual property wealth. Barnett offers readers the data and assets they should locate the neighborhoods with the main power, keep away from the typical pitfalls of actual property funding, and construct own credibility.The re-creation comprises interesting tendencies and possibilities to use, alterations in particular country legislation ...even how one can truly cash in on a downturn! furthermore, the publication now comprises Barnett's new 'Hot Mapping' method for understanding the place to take a position. Too many actual property books specialise in tales and unrealistic examples of the way folks grew to become wealthy. "Are You Dumb sufficient to be Rich?" deals genuine ideas for individuals wishing to make shrewdpermanent, low-risk investments. ordinary and easy-to-follow, this publication demonstrates that anybody could make cash - plenty of it! - in actual property.
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Extra resources for Are You Dumb Enough to Be Rich?: The Amazingly Simple Way to Make Millions in Real Estate
While you are talking to the sales manager about signs, make sure you leave an ample supply of your business cards. Tell the sales manager to give prospective new home buyers your card if they haven’t sold their old house yet. This helps attract more motivated sellers, so you can pick up a few extra deals a year. 27 DUMB-2_Ch03_p022-031 28 10/24/07 1:54 PM Page 28 A R E YO U D U M B E N O U G H TO B E R I C H ? Surefire Method 3: Cards As pointed out in Chapter 2, a good business card is a vital marketing device for you and your company.
Does this sound familiar: “You put up the money, I’ll do the work, and we’ll split the profits”? What’s the reason I refer to this as “The Big Lie”? We have been taught—programmed is more like it—to think this is a good deal. If we pay 3 to 5 points on borrowed funds and interest as high as 12 to 15 percent, at the time of this writing, we think of that as very expensive, yet we easily jump into a partnership and even feel a debt of gratitude to the investor for making this great opportunity available to us.
Simple: No matter how bad you are at this, someone is going to say yes out of a hundred serious written offers. ” There is a lot of business savvy and common sense in both of those statements. In this chapter we are going to cover the nine surefire ways to have motivated sellers calling you. Your phone ringing is the best way for you to fill your deal pipeline. A full deal pipeline is how you can make enough offers to get your first deal done. It’s your first deal that will be the most difficult, so let’s get you through it and the rest will be downhill.
Are You Dumb Enough to Be Rich?: The Amazingly Simple Way to Make Millions in Real Estate by G. William Barnett II