So many people want to get rich quick, or maybe just get rich, "doing" real estate. Well, this episode will tell you things you MUST know before even trying to "do" what you saw on TV or read about in those books.
Real estate is my favorite subject. Someone can make a great living by purchasing, adding value, and selling a property (aka "flipping"). Others may want to hold on to it, rent it out, and make a long term investment out of it while maybe enjoying a little cash flow in the meantime. Then there are the typically larger and more complicated development and construction deals. I'm gonna discuss them all in the next few episodes.
There's so much to cover in real estate that I'm having to make multiple episodes out of it. Get ready to increase your vocabulary, learn how short sales work, understand foreclosures, and see how flips work. I'll also get into the entitlement process of land and development.
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VIDEO LINK HERE