Secrets to Getting Your First Deal Done

Learn the secrets to getting your first real estate investment deal done in Dallas.

This class is Module 17 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• A 90-day plan to buy your first rental property.
• Why there is nothing difficult to do in the real estate investing business and why it is really all about 1 critical skill that anyone can acquire regardless of age, gender, race or income.

The resources you need—and we provide as part of the course—for:

• Determining your real estate investing strategy
• Understanding your market
• Managing your rental properties
• Setting up your asset protection plan with your attorney
• Achieving financial independence and catching up on saving for retirement
• Selecting your key dream team member who will refer you to your other dream team members
• Who should be part of your dream team and why
• Coming up with or eliminating the need for a down payment
• The Core Skills required for real estate rentals
• Financing your rental properties
• Comparing lenders and mortgages to find the optimal financing for you and your strategy
• Buying down mortgage interest rates to improve cash flow
• Understanding the four primary returns on rental properties and the secondary return
• Analyzing rental properties using The World’s Greatest Real Estate Deal Analysis Spreadsheet™ including single family homes, condos, townhomes, duplexes, triplexes, fourplexes and commercial properties with 5+ units
• Minimizing rental properties expenses and maximizing rental property income to optimize cash flow
• Understanding the paperwork to buy and sell real estate
• Completing your inspection, due diligence and appraisal while under contract to buy the property
• Understanding and optimizing insurance for your real estate business
• Determining if you’re over-paying for a property or if you’ll get the price you expect when selling a property
• Understanding the silent killer of rental properties and how to avoid it
• Buying a new construction property as an investment
• Setting up and managing your bookkeeping and accounting for your rental property and real estate investing business
• Understanding the risks associated with investing in real estate and to how to mitigate some of the risks and completely eliminate some of the other risks
• Evaluate whether you should sell or refi a property you own using return on equity
• Deferring taxes on property sales using a 1031 tax-deferred exchange
• Minimizing and optimizing taxes as a real estate investor
• Achieving financial independence using real estate
• Plus much more...

Check out the video and additional resources related to Secrets to Getting Your First Deal Done.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Dallas real estate investor podcast? Book a free consultation to discuss.