In today’s episode of my Cash Flow Diary podcast is the second of a two-part series taken from a recent live FIBI event in Pasadena. If you haven't listened to Part I yet, you might want to go back and do that before listening to this episode. Either way, there's a lot of great stuff in here.
My challenge to you is to listen, take notes and go write an offer on a piece of property! Even if you don’t have cash, credit or a good credit score, I promise it doesn’t matter. It shouldn’t stop you. You can make the offer and then raise the private capital. (That’s exactly how I started in real estate investing… and have continued to raise capital since.)
You’ll hear me say that I’m pretty darned great at raising private capital and use it to buy assets. It’s not brain surgery; it takes commitment and taking the right steps. If you follow my seven-step plan as I have laid it out in this live event you will do just fine. You won’t need any bank funding. You can do this without a bank.
Listen to how I share with the audience that we can’t be afraid to talk to strangers and ask them to let us use their cash and credit in our deals. Learn something very important… that as real estate investors, we solve problems. That’s converse to how you might think about investing. A lot of people go out and try to find deals first. That’s wrong thinking. If you’re approaching real estate that way you’re doing things backwards.
This is a great episode because you’ll get a lot of statistics about what’s wrong in the world and how you as a real estate investor can solve these problems. You’ll learn how to take your ideas from your brain to the real world! Learn more. LISTEN NOW.