Get Your First Deal | Newbie Real Estate Investors NEED to Do THIS!
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Sam Prim, the owner of Faster Freedom, shares a five-step action plan to jumpstart your real estate investing career in the next 30 days. The first step is to attend two local real estate investing meetups to meet other active investors, landlords, flippers, wholesalers, insurance agents, private money lenders, and hard money lenders. The second step is to call 15 bandit signs, which are little two-foot by three-foot signs you see on the side of the roads and at intersections that say "We Buy Houses." The third step is to visit three small local banks to work with if you want to own rental properties or finance a flip through a bank. The fourth step is to join all your local real estate investing Facebook groups, where you can find deals and make connections with other investors, landlords, wholesalers, and agents. Step five is to start an LLC to help you get in the mindset of owning a business and moving it forward. Sam also recommends starting an LLC to protect yourself legally and keep your personal and business assets separate. He offers a bonus tip to attend his free training on how to buy real estate without using your own money. He also shares a real-life case study of one of his rental properties, showing before and after pictures and the steps he took to buy it without using his own money.
Sam Prim, the owner of Faster Freedom, shares a five-step action plan to jumpstart your real estate