Three Tips for Millionaire Networking
As a full-time Canadian real estate investor we must do all we can in order to drive business towards us. This goes far beyond waiting for a realtor to bring us a list of properties that are deemed “good deals” in their mind. As an entrepreneur, we must be making massive and passive income in order to create a successful full time real estate investing business.
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Turning a Tenant Into a Buyer
As a full-time Canadian real estate investor, we must create various forms of deals to be able to build massive and passive income for ourselves. The way we do this is a continuous stream of income that is produced by short-term holds; creating deals without using any of our own money or incurring any liability, as well as building our portfolio with long-term holds. The latter does not always mean being a landlord. There are many other ways of creating long term holds with monthly income and a very nice backend return.
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Five Pearls of Wisdom for Canadian Real Estate Investing
Anyone that invests in Real Estate wants to do it successfully. Many books have been written on the subject. The newsstands are filled with magazines with hot tips on how to become wealthy in Real Estate, however, the process of successful Real Estate investing really isn’t that hard if you keep in mind five simple concepts of investing in real estate.
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Keeping Tenants Long-term
As a full-time Canadian real estate investor, we need to create many deals to facilitate both massive and passive income. We need to be doing deals that give us quick money, thus creating a massive income but also be building a portfolio to achieve passive income with a built in profit in the future.
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Creating Long Term Tenants
As a full-time Canadian real estate investor, we need to continuously create deals to facilitate both massive and passive income. We need to have deals that turn over quickly, building our massive income component. We build a portfolio of properties which gives a regular passive income. We also need to have deals where both elements are key factors in the process.
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