goadena
06-21-2007, 05:39 PM
The Formulas of Real Estate Investing
The 4 F’s of Real Estate Investing
Are you tired of paying too much for homes with conventional
financing? Would you like a simple formula? How about a
formula that 95% of real estate investors do not know,
understand or use? A formula that will guide you to your own
real estate riches? Most real estate investors fail in
business for a simple reason. Overcoming this common reason
can easily turn a starving investor into a financial
success.
The difference is in understanding and learning:
The 4 F's of Real Estate Investing
1) Find them
2) Fund them
3) Fix them
4) Flip them (or keep them)
Now the test: your answer to one simple question will tell
me a lot about your current real estate investing
knowledge.
Question: "Which F is the most difficult?"
1) The Common Answer: Beginners believe funding properties
is the hardest part of the process.
Beginners struggle to understand the money they want is
readily available from others. When you find a great deal,
there are people who will make loans secured by real estate.
They agree that with your payments they get a set amount of
profit, but if you don't make the payments they take
property and make an even larger profit.
2) The Correct Answer: Experienced investors focus their
efforts on finding deals.
Why? Because if you do not have the right deal then there is
nothing to fund, fix, or flip. Spend your time on "Finding."
The Magic Formula First, focus 90% of your effort to finding
deals. Then invest 10% of your effort in funding, fixing or
flipping after the deal(s). Ask yourself, "Have you been
putting in 90% of your efforts on finding deals?" If the
answer is "No," CHANGE IT.
About the author:
*Gerald Romine is a nationally recognized real estate expert
that has been featured across North America sharing the
stage with political leaders, film stars, and business
leaders. Since 1989, Gerald has been involved with real
estate as a real estate agent, broker, rehabber, investor,
and builder and has been involved with everything from
houses to apartments.
The 4 F’s of Real Estate Investing
Are you tired of paying too much for homes with conventional
financing? Would you like a simple formula? How about a
formula that 95% of real estate investors do not know,
understand or use? A formula that will guide you to your own
real estate riches? Most real estate investors fail in
business for a simple reason. Overcoming this common reason
can easily turn a starving investor into a financial
success.
The difference is in understanding and learning:
The 4 F's of Real Estate Investing
1) Find them
2) Fund them
3) Fix them
4) Flip them (or keep them)
Now the test: your answer to one simple question will tell
me a lot about your current real estate investing
knowledge.
Question: "Which F is the most difficult?"
1) The Common Answer: Beginners believe funding properties
is the hardest part of the process.
Beginners struggle to understand the money they want is
readily available from others. When you find a great deal,
there are people who will make loans secured by real estate.
They agree that with your payments they get a set amount of
profit, but if you don't make the payments they take
property and make an even larger profit.
2) The Correct Answer: Experienced investors focus their
efforts on finding deals.
Why? Because if you do not have the right deal then there is
nothing to fund, fix, or flip. Spend your time on "Finding."
The Magic Formula First, focus 90% of your effort to finding
deals. Then invest 10% of your effort in funding, fixing or
flipping after the deal(s). Ask yourself, "Have you been
putting in 90% of your efforts on finding deals?" If the
answer is "No," CHANGE IT.
About the author:
*Gerald Romine is a nationally recognized real estate expert
that has been featured across North America sharing the
stage with political leaders, film stars, and business
leaders. Since 1989, Gerald has been involved with real
estate as a real estate agent, broker, rehabber, investor,
and builder and has been involved with everything from
houses to apartments.