Three investors share essentials for beginners: know your After Repair Value and rehab costs, close your first deal no matter the strategy, and consider creative financing. Success comes down to effort and willingness to learn.
If you know the ARV and the rehab numbers, everything else will fall into place. This guy came all the way from New York. Let's give him a round of applause.
So I don't care how you get there, whatever you got to do, go through the process, get your first deal.
You cannot go anywhere else because creative finance is the easiest way to get a deal.
Let me ask you, do you want to work for somebody building this or do you want to build this?
Honestly, your success as an investor is really based on how much effort and curiosity you want to put into this.
For 6, 7 years I've known Jerry. Voice memo him, ask him questions, follow what he's doing, emulate what he's doing. You hang out with people that are doing it and are one step, two steps ahead of you, and you will learn through osmosis. And that's why putting a room like this together is so powerful.
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