This is a great session for those who want to buy and hold. This will give you an idea of realistic expectations that you can count on for your current and your future investments. We will look at some of my current and past buy and hold properties and take a close look to see what mistakes and successes I had made and lets learn from those and compare to your past and current investments. There will be a lot of Q and A during this session. See a brief overview and outline below.
We are going to be detailed and discuss the following:
1. Where to look for the next buy and hold 2. How to run the numbers and see if it even works on paper 3. What numbers to plug into our analysis to make sure we are accurate before pulling the trigger 4. Should I self Manage and do my own improvements or sub it out to a professional 5. What is an acceptable return to expect long and short term 6. What improvements and the approximate costs of those improvements will help my cash flow long and short term
Don’t miss Alex Deacon’s first FREE Real Estate Networking Workshop of 2019! Click the box below to reserve your seat in the room!
In this segment, “The Deacon of Real Estate” Alex Deacon tells you why you NEED to map out your real estate success. Alex discusses the advantages of proper planning, why it is essential to attaining those goals, how it gives a realistic and honest screenshot of how long it may take you to reach your goals, and how it could help to avoid any major setbacks along the way!
Don’t miss the final Alex Deacon Real Estate Workshop of 2018!!! We’ve opened up the room for extra seating due to our growing attendance. Click below to connect with Alex on MeetUp.com, network with nearly 600 other Real Estate Professionals, and RSVP to the November workshop!
Virtual Bus Tour of Current and past rehabs
Saturday, Nov 10, 2018, 10:00 AM
Hampton Inn Bridgeville 150 Old Pond Rd Bridgeville, pa
20 Members Attending
We have done a few actual bus tours in the past but with the strong turnout I dont like to have to turn down folks due to the high volume of requests. Our next workshop in November we will do a virtual tour of some current and past projects and show you where to spend your money wisely and where you can and cant cut corners in order to stay profita…
I learned a few things about myself today. We purchased 3 properties and could have gone for 5 but a little voice inside me stopped me from moving forward on the other two. They just didn’t feel right. FINALLY after 25 years in this business I stopped myself. My problem as with many others who are driven to succeed is they want to just hit the ground running and figure that pure drive, effort, and tenacity will get them to their final destination. It won’t. There is a book called “Think and Grow Rich“. Notice the title isn’t “Work hard, don’t plan, roll the dice, and Get Rich”. Read or listen to this book and more than once. Get yourself a mentor and surround yourself with smart, trustworthy advisers.
Slow down. There is always another deal. There are always other opportunities. If it doesn’t feel right then pass. My goal to buy 120 homes a year is within reach but I still have a ways to go. Buying 3-4 a month is a far cry from buying 10 a month. ESPECIALLY if I want to buy profitable and quality real estate. Hell, if I wanted to I could knock out ten a month, but in one year I would own an entire portfolio of nothing but headaches, and probably cost myself a lot of money crawling out of the hole I managed to dig in a short time.