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Dec18
Real Estate Investing Business Model
No CommentsThis business model is taken from Mike Watson’s Foundation to Success:
- Know the “Foundation to Success“
- Create your “Red Button Statement” (Your personal WHY)
- Find incredible deals (competing & non-competing methods)
- Evaluate Properties for “Highest & Best Use” (short-term & long-term strategies)
- Buy property with the two OPM’s
- Expose vision and put up for Sale (“flixer”)
- Create and Enhance Equity (“fixer“)
- Sell property for a Profit (Short-term capital creation)
- Refinance any property that doesn’t Sell (Long-term wealth strategy)
- Share & Educate Others; Expand the Team
