Calling all investors!!!!

Thinking about investing in Real Estate?

  Where do we start the nice cars, fancy homes, and the plethora of passive income! Ok yeah, slow down Grant Cardone before you even see the a glimpse of the lavish lifestyle you must understand what you are getting into. The investor side of real Estate can eat you up and spit you back out, but no need to worry im here to help!

  Two things you need if you haven't been doing research and shadowing a professional for the last two years you need an Agent that is familiar with the area and a Property Management Company. First the Agent: The agent knows how to run comparables CORRECTLY  and how to properly negotiate with other agents. Second The Property Management Company: The Property Management Company if you are going into rentals is extremely important if this isn't going to be your 24/7. They have the knowledge of what needs to be fixed when a tenant calls complaining about something that does not pertain to you, how to handle evictions, collect rent, and find you the tenant to start with. Let them handle all of the headaches! Now that we have the two more important aspects of Real Estate Investing out of the way lets get into the different ways to invest! 

  Wholesaling is the perfect way to start if you have no capital (money) but you need to know how to network. Without capital you rely on the pockets of other investors those who don't have time and knowledge to study the deals that your agent does and presents to you. You show the offers to your investors and you charge a finders fee of you feel is appropriative $3,000+ simple right? NOPE! You can't just show your investors a deal with inflated or incorrect profits you must do your due diligence. That means first you your agent runs comps and gives you an ARV and your contractor gives you the repair cost then you run the numbers for ROI. This is a good way to get started but it requires the most hussle.

  Flipping is the most famous way of investing thanks to TV but 90% of the time it isn't as easy as they make it seem. The basic concept is you buy a beat up home and fix it for profit but in reality you have many things to take in consideration like how will you finance the home, how will you finance the repairs, what are you looking for in ROI, and how long can you keep it on the market? If you have the capital this will be the most profitable for you if you get the numbers right in the short run i'm talking long large lump sums at once!

  Now for my favorit RENTAL PROPERTIES!!!! Rentals are my favorite, yes flipping is a good way to build your capital, but rentals build wealth with passive income. You can go different ways to acquire a rental home loan, owner finance, cash, or hard money loan it doesn't matter which you choose you can still profit if your numbers are right. This is why you need an agent, your agent will run comparables so you offer the right price, and run comparables for what rental properties are going for in the area. For example my client recently bought a home for $89,000, the monthly mortgage $700, and rents it out for $1,200 a month thats $500 of profit every month. Also thanks to the fact my client used a Property Management Company my client never made a payment on the home the tenant has been taking care of that.

-Jovani Frank

Youtube: https://www.youtube.com/channel/UCR8j91NXT2ABT-FSU4ucazA?view_as=subscriber

Instagram: https://www.instagram.com/jovani_lgre_realtor/

Facebook: https://www.facebook.com/jovanilgre/

Webpage: https://page1.jovanilgre.com/