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https://bit.ly/2VANwSC
Jamel's YouTube channel: https://www.youtube.com/c/jamelgibbs
Advice For Real Estate Investors Struggling To Get Multi-unit Rentals - From An Investor Who Has Too Many ????
Are you an agent, wholesaler, truck driver, business owner, or young professional struggling to get multi-unit rentals because they don't exist in your market or way too expensive? Or maybe you're getting single family rentals but deep down u know u can do better..
Here's some real advice:
I’m Juan Pablo & I'm an investor who currently makes $20k/mo & bought 72 rentals since 2010 while living in NYC
When I look at the real estate market today in the midst of a pandemic, I see 3 problems that are widespread & suffocating most investors from scaling up their rentals:
1) Mindset
Most investors aren't "investors". They are glorified landlords who do everything from collecting rent, changing locks, driving for dollars, evicting, cleaning, & only using their life savings to buy properties. Or, they are flippers who buy low & sell high but have not truly “invested” being that they own zero assets that produce passive income. They are self-employed - trading their hrs for $$ without focusing on building the systems & teams needed to acquire multi-unit rentals like true real estate entrepreneurs. If you want to make serious money as an investor & not get burned-out, then you MUST have systems & teams in place to buy multi-units since they are the fastest way to financial freedom
2) No repeatable way to generate dealflow in good markets:
Most investors operate by what I call "Jingle-Jingle". It goes like this: 8AM they sit down at their desk, rub their hands together, & pray to God that today the phone jingles & somebody will contact them with some deals. They pray some agent they met last week will call them with a cash-flowing deal or hope a motivated seller (who saw their bandit sign) will call them about a deal of a lifetime. There’s no proven process for consistent dealflow even though they watched a 1000 youtube videos - still in the same “deal-less” position they were in a 1yr ago. They operate their real estate on a hope & a prayer wishing that a good deal will fall into their lap 1 day. Or, they get frustrated & say real estate investing doesn’t work since they wrote 3 offers on a deal & zero got accepted. This person doesn’t have multi-unit listings in their market &/or they don’t know how to locate cash-flowing multi-units in other markets that are safe, affordable, with good returns
If you want to be a rockstar real estate investor you MUST have a consistent, proven method to reliably generate dealflow on demand
3) No predictable way to convert offers into fully executed contracts:
Most investors change their approach w/ every new deal that arrives in their inbox. They operate "off the cuff" & draft new things in the contract w/ little regard to what has & hasn't worked in the past. They entertain buying single families, residential, commercial, etc with no automated way of funding these deals. As a result, they get to the point of going back to square one - still not having a deal under contract. They have no idea how many deals they need to analyze in order to close on 1 & (once again) operate their business & families destiny with hope & not certainty
If you want to make good money as an investor you must have a proven, repeatable process to receive dealflow. You cannot have cash-flow without dealflow
Are you making any of these 3 mistakes?
The truth is that if you're making just 1 of these mistakes then you have a hobby. The landscape is changing & there's no room for hustling anymore - you must treat real estate investing as a business so you can be financially free. A new class of real estate investor has risen & is unforgiving - this person is taking your deals & eating your cashflow for lunch
If you don't change your ways you won't obtain freedom. However, if you want to change your ways & join the winning side of real estate investing in this new landscape then..
I Have Good News!
I just put together a training which shows you exactly how I started my real estate investing biz from scratch & grew it to $20k/mo from age 26 to 30
Here's what you'll discover, How to:
1) Find the money for your multi-unit deals so you can have this on repeat
2) Find & analyze multi-unit rentals in profitable markets
3) Discover how many rentals you need in your portfolio to Quit Your Job
This free training has created 7 financially free real estate investors in the past 4 yrs alone & has the power & potential to do the same for you
It's a new world out there today & I can give you the tools to fight off this new breed of real estate investor who has been unapologetic for taking your deals; however, if you don't do anything about it please remember in 6 mo time your hopes of 1 day becoming financially free would be nothing more than that - hope
https://bit.ly/2VANwSC
Jamel's YouTube channel: https://www.youtube.com/c/jamelgibbs
Advice For Real Estate Investors Struggling To Get Multi-unit Rentals - From An Investor Who Has Too Many ????
Are you an agent, wholesaler, truck driver, business owner, or young professional struggling to get multi-unit rentals because they don't exist in your market or way too expensive? Or maybe you're getting single family rentals but deep down u know u can do better..
Here's some real advice:
I’m Juan Pablo & I'm an investor who currently makes $20k/mo & bought 72 rentals since 2010 while living in NYC
When I look at the real estate market today in the midst of a pandemic, I see 3 problems that are widespread & suffocating most investors from scaling up their rentals:
1) Mindset
Most investors aren't "investors". They are glorified landlords who do everything from collecting rent, changing locks, driving for dollars, evicting, cleaning, & only using their life savings to buy properties. Or, they are flippers who buy low & sell high but have not truly “invested” being that they own zero assets that produce passive income. They are self-employed - trading their hrs for $$ without focusing on building the systems & teams needed to acquire multi-unit rentals like true real estate entrepreneurs. If you want to make serious money as an investor & not get burned-out, then you MUST have systems & teams in place to buy multi-units since they are the fastest way to financial freedom
2) No repeatable way to generate dealflow in good markets:
Most investors operate by what I call "Jingle-Jingle". It goes like this: 8AM they sit down at their desk, rub their hands together, & pray to God that today the phone jingles & somebody will contact them with some deals. They pray some agent they met last week will call them with a cash-flowing deal or hope a motivated seller (who saw their bandit sign) will call them about a deal of a lifetime. There’s no proven process for consistent dealflow even though they watched a 1000 youtube videos - still in the same “deal-less” position they were in a 1yr ago. They operate their real estate on a hope & a prayer wishing that a good deal will fall into their lap 1 day. Or, they get frustrated & say real estate investing doesn’t work since they wrote 3 offers on a deal & zero got accepted. This person doesn’t have multi-unit listings in their market &/or they don’t know how to locate cash-flowing multi-units in other markets that are safe, affordable, with good returns
If you want to be a rockstar real estate investor you MUST have a consistent, proven method to reliably generate dealflow on demand
3) No predictable way to convert offers into fully executed contracts:
Most investors change their approach w/ every new deal that arrives in their inbox. They operate "off the cuff" & draft new things in the contract w/ little regard to what has & hasn't worked in the past. They entertain buying single families, residential, commercial, etc with no automated way of funding these deals. As a result, they get to the point of going back to square one - still not having a deal under contract. They have no idea how many deals they need to analyze in order to close on 1 & (once again) operate their business & families destiny with hope & not certainty
If you want to make good money as an investor you must have a proven, repeatable process to receive dealflow. You cannot have cash-flow without dealflow
Are you making any of these 3 mistakes?
The truth is that if you're making just 1 of these mistakes then you have a hobby. The landscape is changing & there's no room for hustling anymore - you must treat real estate investing as a business so you can be financially free. A new class of real estate investor has risen & is unforgiving - this person is taking your deals & eating your cashflow for lunch
If you don't change your ways you won't obtain freedom. However, if you want to change your ways & join the winning side of real estate investing in this new landscape then..
I Have Good News!
I just put together a training which shows you exactly how I started my real estate investing biz from scratch & grew it to $20k/mo from age 26 to 30
Here's what you'll discover, How to:
1) Find the money for your multi-unit deals so you can have this on repeat
2) Find & analyze multi-unit rentals in profitable markets
3) Discover how many rentals you need in your portfolio to Quit Your Job
This free training has created 7 financially free real estate investors in the past 4 yrs alone & has the power & potential to do the same for you
It's a new world out there today & I can give you the tools to fight off this new breed of real estate investor who has been unapologetic for taking your deals; however, if you don't do anything about it please remember in 6 mo time your hopes of 1 day becoming financially free would be nothing more than that - hope
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