REI Wealth Monthly Issue 14 | Page 38

GETTING YOUR YEAR OFF TO A FAST START SCOTT CARSON You should also have a good mortgage broker, along with a hard money lender or two, who can not only help you get financed, but also help you filter through buyers for your deals to make sure you can move your properties/deals to qualified buyers. Being networked into your local investment club is also important in order to meet other investors and to find the ever important private investors to help you fund your deals. NETWORK The end of the year is usually full of holiday parties Taking action is the most important aspect that differentiates the people that actually do something from those that attend classes or pay for seminars but never end up writing an offer or making a phone call to a distressed home owner or bank BRAG ON YOURSELF for your local networking groups and is often the best time to meet other people in real estate who Real estate investing is always a “sexy” topic to will have connections to banks, private investors, discuss and most people want to be investors or buyers, and others who can serve as referrals enjoy watching the HGTV and AMC shows of those sources for you. Some of the groups that I buying and flipping real estate. recommend BNI Networkers hearing success stories and investment clubs International), Young Real Estate Professionals, actually want you to discuss closed deals that you Chamber of Commerce, and other investment have completed. So take the time to brag on a clubs through Meetup.com. So, make sure and deal or two that you’ve done, as it will help you take plenty of business cards to hand out to others build credibility and separate you from the tire while you are sipping on a cocktail or munching on kickers who only think about doing something. are (Business People love a chicken wing. TAKE ACTION Taking action is the most important aspect that differentiates the people that actually do something from those that attend classes or pay for seminars but never end up writing an offer or making a phone call to a distressed home owner or bank. The Parento or 80/20 rule is more like 95/5 in real estate where only 5% of people actually do something. The market right now is full of amazing deals that you can make money on.