Don't Miss
- 4 Unexpected Things I’ve Learned From Buying My First Mobile Home Park
- How Ironic: America’s Rent-Controlled Cities Are Its Least Affordable
- U.S. homes are still a bargain on the international market
- Getting The Best Possible Quality Photos On MLSs and Syndicated Sites
- Home buyers in these markets have the upper hand
After You’re In Contract… Should You Flip or Hold?
By reinvestor on July 1, 2015
Which is the best real estate investment strategy? Buy and hold? Fix and flip? Wholesale?
Interestingly, a lot of business takes place before you ever need to decide. No matter what your exit strategy, the lead generation, seller contact, and offer presentation are going to look exactly the same. It’s not until you get an offer accepted that you actually reach a fork in the road.
On this episode Matt reminds listeners why the best way to grow their portfolios quickly and efficiently is not to get stuck on any particular exit strategy, but rather to be flexible and nimble investors.
What You’ll Learn:
- How one listener recently secured a 144% cash on cash return on a deal.
- The 3 steps that you must take before anything else even matters.
- How to know if you should buy and hold a property or flip it.
- The 2 variables that help you determine your exit strategy.
- Exactly how Matt approaches each deal; and
- Why this approach favors the 3-Option Letter of Intent.
- The reason you must identify your minimum deal standards.
- The additional decision you must make when deciding to flip a house.
Recommended Resources:
Podcast: Play in new window | Download
- The free course version 2.0 is now available, but it will only be free until the end of the year! Take advantage of Matt’s complete system by visiting FreeRealEstateInvestingCourse.com or texting “FreeCourse” to 55678.
- Learn everything you need to know to get your first paycheck in real estate using our #1 rated investing education course, The Epic Pro Academy.
- We’ve secured over $1M of funding to the listeners of this show!! Get access to fast cash for your real estate investing business with our unique credit-based funding program at EpicFastFunding.com.
- If you want to partner with Matt, you can learn more about the new real estate hedge fund at EpicWealthFund.com.
- Want to learn how successful real estate investors find motivated sellers? Go to FindMotivatedSellersASAP.com!
- There are a few spots available for Matt’s 12-month 1-on-1 coaching program. If you are interested, get the details at EpicProCoaching.com.
- Instantly download Matt’s proven 5 Step Checklist to find motivated sellers in any market at EpicQuickTips.com.
- Join us for our upcoming live events in Birmingham or Miami to meet the Cash Flow Savvy team and learn how you can secure your financial future. To learn more head over to GrubAndGrowRich.com and reserve your spot!
- We have some fantastic products and resources for investors in our Epic Community:
- Create professional marketing squeeze pages using our turnkey system which allows you to create professionally designed lead capture pages in minutes. Learn more at EpicRealEstateWebsites.com.
- Automate your lead generation by customizing and sending personalized pre-formatted “hand-written” letters and postcards. Learn more at EpicMarketingCenter.com.
- If you need money to start, grow, or purchase properties in your real estate investing business, we now have a credit-based funding program. Learn more at EpicFastFunding.com.
- If you have a house under contract and are looking for another exit strategy, you can borrow Matt’s buyer’s list! Learn more at EpicWholesalers.com.
- If you have questions, comments, or concerns, please call the Epic Real Estate Hotline at 1-888-891-7203 or email Matt at podcast [at] epicrealestate.com.
- Subscribe to Financial Freedom Fridays on Matt’s YouTube channel by visiting EpicREI.tv.
- WHY YOU ARE STUCK AND WHAT THERE IS TO DO ABOUT IT | EREI 149
- WRITING OFFERS THAT PAY | EREI 150
- GETTING MORE OFFERS ACCEPTED | EREI 151
100% Secure
You must be logged in to post a comment Login