The question that Zack Childress poses in every podcast is how do real estate investors build real wealth and freedom without access to millions of dollars in capital? His mission is to help you find the answer.
Today we’re talking about 3 things you need to do and know before looking at a property. These are fairly obvious, but you can’t review the basics too often.
You need to study markets before investing in them. You must know the hot zones of a market and make a plan to segment the area… this should be a fundamental business practice.
Look at properties only after you have your business team in place. If wholesaling, you need a list of buyers and an idea of what they typically buy. If rehabbing, you need a contractor to work with.
And you certainly don’t want to find the right property before you’ve got funds lined up to purchase it. That wastes your time and that of the owner or agent that shows you the property.
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“Be a stalker for success, not a talker.”
Watch and learn:
Listen and enjoy:
- Do you know the market?
- What strategy will you use?
- Do you have a team in place?
- How will you fund a purchase?
Mentioned in this episode:
- Reach Zack by phone: 707.247.4248
- Follow Zack on Facebook: REI Success Academy Facebook
- Zack’s Book: My First Deal Playbook
- Zack’s Course: Rehabbing Made Easy