Vicky Schettini Doing WIT

Joining me today on #WomenEmpowerment Podcast is Andréa Albright

Andréa is an international fitness celebrity, best-selling author and technology developer. With millions of views on YouTube, over 100,000+ Facebook fans, and thousands of success stories from women all over the world, it is no wonder that “Women’s Health and Fitness” magazine put her on the cover as a leader in Women’s Health.

Joining me today on #WomenEmpowerment Podcast is Carolyne Onkoba. She's a Business Life Coach at Work-Life Balance and Best-Selling Author of Split Second Success.

Joining me today on #WomenEmpowerment Podcast is Carolyne Onkoba. She's a Business Life Coach at Work-Life Balance and Best-Selling Author of Split Second Success.

Today's Podcast is all about #RealEstateSyndication & #MultifamilyInvestment

Today's Podcast Guest is an Elite Fashionista and Independent Business Owner, Jennifer Kloberg. She's a full time busy working mom to her 3 year old daughter and "took the risk" to have her own jewelry business.

Learn everything about "Passive Income" with Walter Wofford, Real Estate Investor in Jackson for 38years.

Buying Turn-key properties is a great way to build your Wealth and your Legacy.

What Does Turn-key Mean?

There is a misconception of what turnkey means. Honestly there is no standard for property who is turnkey.

New uneducated buyers believe that turnkey means that you can just sit back and not do a thing. This is false. These buyers have unrealistic hope that if they buy a turnkey property with a property manager the only thing, they need to do is wait for the management company to send them the rent and that is it.

The reality: There are some companies that have a good property manager in place. The rehab has been done and all work has been fully completed. Now there are other companies that may just put a lipstick on the property. What if instead of buying a rental property from a company who specializes in rentals, you buy the property straight from the seller?

In all these scenarios, you don’t really know what type of tenants you may have. You don’t know if you have issues in the house that were not disclosed.

DO NOT fall for everything the seller says. Always do your due diligence as much as possible.

Here are 5 things you need to do when buying a “Turn-key” property

1. Ask for Rent Rolls 

2. Do a property inspections. 

3. Ask the seller for a profit and loss of the property. 

4. Ask the tenant. Talk to the tenant and ask them direct if there's anything wrong with the property. 

5. Ask the seller for all of the tenants info .

If you are ready to start building your Wealth and Legacy the right way, surround yourself around other investors who have experience buying these properties and LEARN, LEARN! GET a Mentor. If you need a mentor, contact me at 601.202.Vicky or visit me at www.VickySchettini.com

It is a misconception that real estate investors need a lot of money when they start investing in real estate. I started my rental portfolio with $500. To begin investing, you first need the right mindset, the money or creative financing will come next.

I have been very creative during my career and have accomplished many deals with little or no money down. Here are just a few ways I have invested in real estate with little or no money down:

Real estate partnerships,

I have personally done more deals that I can count by partnering with others. Many people have "lazy money," money just sitting in the bank or an IRA that are just looking for the right investment with a good ROI (Return on Investment) or Cap Rate (Capitalization Rate.).

Leverage time - Owner Financing

There are many ways to be creative in this area. If you are ready to start with little or no money down let me know at http://www.VickySchettini.com

Wholesaling

Traditional or Hard Money Loans

Analysis is Key

As a real estate investors you have a duty to make wise investments. This can be done through an investment property analysis. By doing so, you are learning all about your investment property or any other property. You can learn the cash on cash return that a property offers in addition to the capitalization rate and occupancy rates. An investment in a property analysis tool is money well-spent.If you're interested in learning how to analyze deals and different ways to start investing in real estate with little or no money down go to http://www.VickySchettini.com and let me know.