Dean Graziosi 90 Day Challenge Day 16

Hello fellow Investors now that you have your Investor hotline up and running you need to start building your Power Team. You should have already started working on your buyers list, remember you can put me on that buyers list my email is gpricejr@gmail.com and my number is 401-952-5772. Right now I am looking for 3 families under $60k.

Base on our notes from the work shop you should have a mentor, if you are following this blog and you are in contact with me you can check that off. You should also have a real estate attorney, this power team member I covered in the video on Day 14 of my blog. Legal Shield is a very affordable why for you to have top quality attorneys review your contracts and advise you on your legal position.

The third most important member of your power team in my opinion is your General Contractor, now for those of you that are handy you might say a Good Investor friendly Real Estate Agent, and I would agree. However most of the deals you are going to be looking for need work and you need to be able to access the repair cost with little room for error. The wrong repair budget could eat away all of your profits on the deal. Now the Real Estate Agent is important because they help with running comps, this is important because this helps you calculate your ARV or after repair value. Knowing your ARV, and Repair Cost, lets you know how much money you stand to make on the deal.

This should be enough for you to work on, if you need a referral of a Contractor or Real Estate Agent shoot me and email and I will introduce you to the one I use.

Keep taking action things are happening...

Please comment with any tips that would help me...

Thanks
Gerald
401-952-5772

www.rescuehomebuyers.blogspot.com
 
House For Sale