Building our Entourage of Experts – Part 7- Choosing a General Contractor

Building our Entourage of Experts – Part 7- Choosing a General Contractor

 

If you missed the previous article – Creating your Entourage of Experts – Part 6 – Choosing an Insurance Agent

As a full-time Canadian real estate investor, we may find ourselves involved in deals for the purpose of  both portfolio building, as well as short-term holds for quick money.  We should  involve ourselves in as many “non-conventional” deals as possible, using zero of our own money, and having zero liability in any property.

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Mindset Equals Success

Mindset Equals Success

Continuing in the series ” Becoming a Successful Real Estate Investor

To become a successful full time real estate investor and to become a multi-millionaire requires a different mindset. You must agree that millionaires think differently than the average person. The first attribute millionaires have over the average person is they have clear defined goals. I mentioned the results from a recent study in a previous article: 95% of people do not have written goals, and only 5% of people do.

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Creating an Entourage of Experts – Part 6- Choosing an Insurance Agent

Creating an Entourage of Experts – Part 6- Choosing an Insurance Agent

 

If you missed the previous article – Creating your Entourage of Experts – Part 5 – Choosing a Lawyer

A Canadian full time real estate investor must be not only building massive income, but passive income as well. With massive income, we have short-term holds, flips, assignments, and many other strategies that we discuss in our trainings. The long-term hold  on the other hand, is primarily utilized for monthly passive income,  as well as massive income at some point, depending on what exit strategy is being used.

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Building Your Entourage of Experts – Part 4 – Choosing a mortgage broker

Building Your Entourage of Experts – Part 4 – Choosing a mortgage broker

If you missed the previous article – Creating your Entourage of Experts – Part 3 – Choosing a Realtor

As a full-time Canadian real estate investor, we need to create a team around ourselves that is the most powerful team to build our success. In order to build our success, we need to rely on particular people that we have chosen, and be able to delegate tasks expecting that they will be done correctly and on time.

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Creating Your Entourage of Experts – Part 3- Choosing a Realtor

Creating Your Entourage of Experts – Part 3- Choosing a Realtor

If you missed the previous article – Creating your Entourage of Experts – Part 2

As a full-time Canadian real estate investor, we must be conscious of creating multiple streams of income. In other words, creating a real business, not just a part time business. This can be achieved through many various forms of marketing that we  do on our own.

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How To Get Rid of Bad Tenants Part 1

How To Get Rid of Bad Tenants Part 1

As a full-time Canadian real estate investor, we must do our best to create massive and passive income. This includes driving more and more deals to us from as many sources as possible.

How To Get Rid of Bad Tenants Part 1 Keep your losses minimal

As a full-time Canadian real estate investor or landlord, we must keep our loses to a minimum. We have only a limited amount of time during each day, and we want to keep our time to work on things that make us money, and staying away from things that create losses and lots of stress for us.

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Using Joint Ventures to Close on More Property

Using Joint Ventures to Close on More Property. Professional real estate investors use leverage.

 

As a professional, full time Canadian real estate investor, we must be growing our business continually. In order to do that, we must be looking at, and closing deals on a regular basis. To accomplish this we must always be acquiring more property or using the cornucopia of exit strategies taught in our trainings to create massive and passive income for ourselves…all the while using zero of our own money and with zero liability.

For example, you may find a property that  looks like a  great deal. The numbers work and it will be a money maker for sure. This would be perfect to close on, but as an educated real estate investor you do not want to put any of your own money into the property.

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Plan of Action For Each Deal

Plan of Action For Each Deal requires very critical steps.

Continuing in the series “Becoming a Successful Real Estate Investor

s discussed in a previous article, we have established the fact that as a real estate investor, we need goals, both long term and short term. To become successful, we also need to have a lot of discipline. With discipline comes success. We need to create written goals for ourselves that give us the incentive to get off the couch and get busy doing whatever it is that we need to do in a particular day, week, month, or year to be able to propel ourselves towards our ultimate goals.

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