You Need to Take Action and Go for it!
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The video is the final part of a five-part series on how to prepare to buy your first rental property in 30 days. The previous videos covered getting finances in order, knowing your numbers, what to look for, and how to manage it. This video focuses on making offers and finding deals. The speaker encourages viewers to overcome analysis paralysis and make offers on good properties, even if they are not perfect. He emphasizes the importance of taking action and learning from failures. The speaker believes that 80% of learning comes from making offers and doing deals. He encourages viewers to get started and not let deals pass them by.
To find deals, the speaker recommends attending local meetups where real estate agents, wholesalers, and other investors gather to buy and sell properties. Alternatively, viewers can let their inner circle know that they are looking to buy distressed properties by posting on social media. Once deals start coming in, the speaker advises viewers to walk the properties and take a lot of pictures. If possible, bring someone with experience in investing to provide a second set of eyes.
During the walkthrough, the speaker advises viewers to document every square inch of the property and take a lot of pictures. He recommends not making an offer on the spot during the first walkthrough and instead taking the time to review the pictures and documentation later. The speaker suggests bringing a contractor or an experienced investor with you on the walkthrough or emailing them the pictures and meeting to review them together. He emphasizes the importance of making offers and not being afraid to make low offers. The worst that can happen is that they say no. The speaker encourages viewers to stick to their numbers and move on to the next deal if the offer is not accepted. He reminds viewers that his goal is to help them control their future using real estate and offers a free training and the opportunity to ask him questions on Instagram.
The video is the final part of a five-part series on how to prepare to buy your first rental propert