Earl V. MeisterFind out which school is the best for you. Our team has decided on 100% financing, so there are no hidden fees or surprises to make your education more expensive. The only downside? We have a waiting list of 5 months right now!
The “real estate syndication course” is a real estate syndication course that teaches people how to create a lucrative business by investing in real estate.
Juan Pablo used clever financing to buy dozens of rental apartments in some of the most competitive areas, some of which were out of state. He currently earns about six figures in passive income each year. You may have noticed one of Juan’s adverts on social media, since he now specializes in assisting new and struggling real estate investors. Rather of competing for scraps with single-family homes, wholesalers, and fix-and-flips, Juan will direct you towards the blue ocean of multi-unit properties.
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“The BRRRR technique is used by a lot of individuals,” Juan continues. “You know, purchase, rehab, rent, refinancing, buy, rehab, rent, refinance, repeat.” In the single-family game, they’re experimenting with a variety of alternative real estate methods. Multi-units, on the other hand, are a vast ocean. Nobody seems to be able to figure them out. As a result, there isn’t any competition.” Multi-units also provide you the flexibility to conduct business anywhere, take use of innovative financing, and take advantage of economies of scale. Consider this: closing a six-plex takes the same amount of time as closing a single-family home, but the latter generates far higher cash flow.
“However, you must put the wagon ahead of the horse,” he adds. “The majority of folks do it backwards.” They locate the contract before attempting to locate the funds. They’re contacting deal finders like real estate brokers and wholesalers, or they’re contacting sellers directly, right? They then hustle to acquire financing when they discover a transaction, lock it down, and get it under contract. What happens if they don’t? So, what’s next? In the perspective of the deal finder, you’ve lost all credibility. “The agency, wholesaler, or direct seller.”
“Instead, you should show them the money,” says the narrator. You want to be able to demonstrate your buying power to these bargain finders before you lock it down under contract. Because agents, in particular, work on a commission basis. They’re on the hunt for a check. ‘Hey, my goal is your commission,’ you must paint the image in their minds. And you do it by employing scripts and other tools to help you create that image in their heads. And after you’ve done that, they’ll continue to find you offers all day.”
Juan is a firm believer in concentrating on a single company strategy and replicating what is successful. You want your deal finders to just send you multi-units that meet certain criteria, such as size, pricing per door, and so on. Then it’s all about finding the correct market. Cities having a significant proportion of multi-unit housing are required. They must be reasonable in price, acceptable in quality, and able to provide consistent returns. Safe, low-crime area with excellent schools. It’s also advantageous if it’s a developing market, such as one with fresh employment opportunities. That way, there’s a greater chance of success.
The next stage is to establish processes and assemble your team. Becoming a real estate entrepreneur in the first place. This isn’t a landlord. You don’t want to be cleaning front porches, evicting tenants, arranging repairs, and other such tasks. Taking a step back from the day-to-day helps you to view the wider picture. Perhaps you have a cash-flowing five-unit property that you can lawfully convert to a seven-unit. And, yes, you may learn through trial and error, but be aware that it will take a significant amount of time and money.
You might also collaborate with someone like Juan Pablo, who can help you get your model, money, and market correct while also speeding up the process. He and his team can teach you precisely what to do, what traps to avoid at all costs, how to obtain money, which market to enter, and how to swiftly scale up to achieve your desired level of passive income. There’s no word on how much it costs to attend his 100% funded academy, but I’m betting it’s not cheap. I like how they person seems to be trustworthy and devoid of hype.
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Katie Smith: Watch this brief video if you want someone who will tell it like it is, respect your time, and show you a company that could really work for you.
Related Tags
- multifamily syndication training
- syndication school
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