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Understanding The 1% Rule 📍 In Real Estate Investing

Understanding The 1% Rule 📍 In Real Estate Investing

Real Estate Investing
The "1% rule" is a guideline commonly used in real estate investing to estimate the potential profitability of a rental property. The rule suggests that the monthly rent collected should be at least 1% of the property's purchase price. For instance, if a property costs $100,000, it should generate a minimum of $1,000 in monthly rental income. However, it is vital to keep in mind that the 1% rule is just a guide and should not be solely relied upon to make investment decisions. Other factors such as location, condition, and maintenance expenses of the property should also be taken into account. Moreover, the 1% rule may not be suitable for all real estate markets, particularly in highly competitive areas where properties are expensive and rental rates are lower. In…
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5-7 Best Wholesale Real Estate Books

5-7 Best Wholesale Real Estate Books

Real Estate Wholesaling, wholesaling real estate
Here is an update on the 7 best real estate wholesale books… Book #7 - If You Can't Wholesale After This: I've Got Nothing For You... Paperback – October 11, 2017 by Todd M Fleming Book #6 - The Beginner's Guide To Wholesaling Real Estate: : A Step-By-Step System For Wholesale Real Estate Investing Paperback – December 4, 2019 by Jeff Leighton Book #5 - The Art Of Wholesaling Properties: How to Buy and Sell Real Estate without Cash or Credit Paperback – November 24, 2015 by Aram Shah (Author), Alex Virelles Book #4 - The Real Estate Wholesaling Bible: The Fastest, Easiest Way to Get Started in Real Estate Investing Paperback – April 14, 2014 by Than Merrill Book #3 - How to Make Millions in Real Estate in…
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Real Estate Wholesalers 📍 7 Questions To Ask To PreQualify As Motivated sellers In Wholesale

Real Estate Wholesalers 📍 7 Questions To Ask To PreQualify As Motivated sellers In Wholesale

Real Estate Wholesale
Are you looking for the questions to ask motivated sellers in wholesale to prequalify and check if they are truly prequalified. Everyone claims to me motivated until it's time to sign the contract right? Use this questions to save your self time; just 7 questions-questionnaire... Anything more than that will overwhelm both you and especially the seller. You can also tweak this questions for a face-to-face listing appointment, a typical cold call to for sale by owners. By the way the title "real estate wholesalers" should only be used as a reference only. In reality, you are a marketing professional who uses your skills … to find motivated sellers with the possibility of finding a deal for yourself as an investor OR to be assigned to another investor who is…
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DIGITAL MARKETING – More DEALS, Leads & $INCOME$ (5 Reasons to Engage Immediately)

DIGITAL MARKETING – More DEALS, Leads & $INCOME$ (5 Reasons to Engage Immediately)

myEmpirePRO
As much as I try to stay focused in business and in life, some things… you just can't ignore; digital marketing is one of them. [embedyt] https://www.youtube.com/watch?v=W_wq9ff7XrA[/embedyt] What is digital marketing?   Digital Marketing is the art and science of getting quality and profitable attention and exposure for products and services on the ever growing and increasing digital platforms such as Google, YouTube, Facebook, Instagram etc while collecting data for maximum optimization opportunities.   For example, if your offer is to buy houses from distressed homeowners to relieve them of the burden of a non-producing asset, imagine 1,000 highly targeted prospects seeing an ad on their smartphone that says “we buy ugly houses.” I don't know if it's obvious yet, but this lesson is particularly for you if:   You…
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5 Ways To Flip Pre-Foreclosure Listings To Cold CA$H

5 Ways To Flip Pre-Foreclosure Listings To Cold CA$H

myEmpirePRO, Pre-Foreclosure, Real Estate Wholesaling
[embedyt] https://www.youtube.com/watch?v=jIED3rXNruk[/embedyt] Wanna learn the 5 ways to flip pre-foreclosure listings to cold cash?  This is what happens when you fully grasp the comprehension of value as related to income.   While pre-foreclosure is misfortune for distressed property owners, you are able to not just flip it to cold cash, you are also able to flip their sorrow to relief. That's the value. Over here, we talk about making money in real estate even if you are not licensed, have no big cash for capital, have bad credit or have no experience.   One of the easiest ways to do that is by learning how to work a pre-foreclosure list. Have you ever heard the saying that “money is in the list”?   We are not talking about how to buy a pre-foreclosure. …
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Pre-Foreclosure – Door Knocking Scripts (… & 5 TIPS)

Pre-Foreclosure – Door Knocking Scripts (… & 5 TIPS)

myEmpirePRO
[embedyt] https://www.youtube.com/watch?v=zoOg5UTOvtI[/embedyt] Can you make $10,000 per month knocking on doors in your neighborhood with a simple script of exactly what to say to pre-foreclosures? Yes.  That's exactly what I am about to share with you in this video. But first, please go ahead and like, share and subscribe to this channel and I will be sharing more videos around this topic.   Also, use the comment area below to let me know if there is anything specific you want me to cover in the next video. We are talking about pre-foreclosure in real estate and how to make $10,000 per month with it.  What the heck is pre-foreclosure? Pre-foreclosure is the first phase of a legal proceeding that ultimately can conclude in a property being repossessed from a defaulted mortgage…
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I QUIT! The Profitable Exit | Wholesale Real Estate

I QUIT! The Profitable Exit | Wholesale Real Estate

Motivated Seller Leads, myEmpirePRO, Real Estate, Real Estate Wholesale, Real Estate Wholesaling, Real Estate Wholesaling Prospecting, Wholesale Real Estate, Wholesaling Houses, wholesaling real estate
[embedyt] https://www.youtube.com/watch?v=Wd0keEKYFoU[/embedyt] This is OLA coming to you live from myEmpirePRO studios and we are back to the basics of wholesale real estate. Isn’t it? Listen… it was a much-needed spike and hype… but may be more so natural.  I’ve seen this happen quite a few times since I launched my career as an entrepreneur with wholesaling and short-saling real estate back in 2005. The ups and the downs… both big and small… in fact, my first successful business was wiped out completely with the 2008 recession.  So, I’ve seen this a few times since then but we are still standing. As you know I teach smart real estate wholesaling here with the most affordable training and coaching platform.  A big part of the idea behind that is to be…
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Investor Title Company

Investor Title Company

myEmpirePRO
Selecting the right title company to work with is key to your real estate investing success. You may be able to find properties to flip for pennies on the dollar and be able to create huge streams of end buyers for flipping homes too. However, if you can’t get them closed because of the title company or attorneys involved you could find you are not only wasting time but could be at risk of losing a lot of money as well. Like real estate agents and mortgage brokers, you should be interviewing title companies to find the best ones to add to your real estate investing dream team. Most importantly you must be sure that your title company is happy to help you on your real estate investing mission of…
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