What Can You Do to Maximize Your Real Estate Investment?




Welcome to my webinar, Investor Magic: 8 Essential Rules for Maximizing Your Real Estate Investment.

If you’re a seasoned investor, or want to be, this webinar will give you some tools to help you meet your real estate investing goals. At the end of this webinar, there will be a free offer to get you started on your way to a real estate investing career.

So what qualifies me to present this webinar?

I have over 25 years of real estate investing experience, have closed millions of dollars in transactions, am a certified commercial investment member (CCIM), and am also a certified real estate strategist. I also have a strong background in property management and have managed and owned over 85 properties.

Now, onto Investor Magic: 8 Essential Rules for Maximizing Your Real Estate Investment. You can follow along with this outline, which corresponds with the above video:

1. Know what success looks like. 0:53
  • What do you want to achieve with your investment?
  • How do you plan to get there?
  • What is your goal?
  • Have you written it down?
  • Have you strategized your plan?
  • Have you defined success?
2. Know what type of investment to make. 1:29
  • Rental
  • Rehabbing
  • Flipping
  • Buy
  • Selling
3. Know what path will get you there — either active or passive. 2:42
  • What type of investment are you looking for?
  • Active: where you manage your own property and have a hands-on approach.
  • Different types of passive: one way is taking two points at the closing of a finished product on the amount invested at 12% interest with a six-month guarantee. If it closed in three months, you get the full six-month portion. That is done with a Promissory Note as a private lender. Pro Forma with renderings and the cost of materials with SKU numbers are also included.
  • Another type of passive investing path is having a property management company manage your property.
  • What is the success rate and number of deals completed?
4. Know what type of property to invest in. 3:53
  • What type of property? Is ROI important to you? What is your measuring stick?
  • Townhome or Condo
  • Single detached
  • Duplex
  • Triplex
  • Quadraplex
  • Multi-family
5. Know the strategic location for your investment. 5:29
  • Where do you want your property located?
  • Depends on your investment type.
6. Craft a wealth management team. 5:49
  • CPA
  • Tax attorney
  • Real estate attorney
  • Lenders
  • Inspectors
  • Insurance agent
  • Pest control
  • Etc.
7. Begin with the end in mind. 6:35
  • What is your exit strategy and for how long? Do you have an exit strategy? If not, make one!
  • More than 10 years? It depends!
  • Five or 10 years? It depends!
  • How about six years?
  • Why?
  • Law of diminishing return
8. Take action and make an investment! 7:18
  • If you want more information, go to www.bowinn.com or call (919) 614-4533
  • Find out more about our Strategic Investor Partnership Program.
I hope you enjoyed this webinar. You can schedule a free strategy session with me at any time. I look forward to talking with you soon!

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Location: Raleigh, NC, USA

What Can You Expect From the Market in 2018?




First, I want to say thank you for your support during a very successful year for our team. I hope your year was as great as ours. The end of 2017 saw a flourish of closings in our real estate market, which is going to cause a diminish in the inventory levels for the beginning of 2018.

In my opinion, 2018 is going to be a very strong year in the market. I think we’ll see an increase in home values, especially in the $100,000 to $300,000 range. Expect to continue to see multiple offers in this competitive area of the market. Eventually, buyers will be able to take advantage of an increase in inventory. We don’t know when that will be, however.
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We’d love to help you take advantage of these conditions.

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If you’re thinking about buying or selling a home in 2018, I’d be happy to help you take advantage of the conditions we’re seeing right now. In order to increase your profits, working with an experienced Realtor like myself is your best move. Just give me a call or send me an email and I’d be happy to answer any questions you may have.
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Location: Raleigh, NC, USA

7 Ways to Get a Leg Up on Buying a Home Next Year




If you’re thinking about buying a home in 2018, you’d better get started now. Here are some things you can do to prepare for the process:
 
  1. Interview potential real estate agents. Find an agent who you like and who seems to like you. They should be knowledgeable about the market that you’re looking in as well.
  2. Find a mortgage broker or lender. Interview at least a couple. Find out how they work, what they do, and how long their process takes to close on any real estate transaction you pursue.
  3. Have them check your credit score. Remember that things like Credit Karma and actual mortgage lender credit checks are two entirely different things that use different figures and different types of analysis. Your score on Credit Karma may look really good, but your mortgage lender will pull your credit score and could possibly come up with a vastly different figure.
  4. Get pre-approved. If you find a property that you like, you want to be able to walk into a deal with everything all lined up and ready to go. You should also confer with your lender to make sure that you’ll be able to close within 30 days. Have your down payment, due diligence fee, and earnest money ready to go so that all you have to do is just write a check.
    5. “
    Find an agent that you like and who seems to like you.

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  5. Keep tabs on interest rates. Interest rates are starting to creep up right now, and you want to be able to keep your interest rate as low as possible.
  6. Don’t open up any new credit cards or other lines of credit.
  7. Ask for a financial gift. Instead of asking for stuff this Christmas, ask for a financial gift so that you can have some money going toward the pot. Remember, when you go to buy your first home, there are going to be other things that you never even thought about buying that your parents always had when you needed them.
I wish everyone a wonderful and happy Thanksgiving. Please stay safe out there and enjoy your holiday season.

If you have any questions or comments, please feel free to reach out to me. Until next time!
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Location: Raleigh, NC, USA
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