By G. William Barnett II
No funding method has created extra millionaires than actual property ...even in less-than-stellar markets. This re-creation of the bestselling "Are You Dumb sufficient to be Rich?" empowers readers to take their first steps towards actual property making an investment. The publication walks readers via a unique 120-day plan for beginning down the line to actual property wealth. Barnett offers readers the data and assets they should locate the neighborhoods with the main strength, steer clear of the typical pitfalls of actual property funding, and construct own credibility.The new version comprises fascinating traits and possibilities to exploit, adjustments in particular nation legislation ...even how one can really benefit from a downturn! moreover, the e-book now contains Barnett's new 'Hot Mapping' method for knowing the place to speculate. Too many genuine property books specialize in tales and unrealistic examples of the way other folks grew to become wealthy. "Are You Dumb adequate to be Rich?" deals actual options for individuals wishing to make shrewdpermanent, low-risk investments. simple and easy-to-follow, this booklet demonstrates that anybody could make cash - plenty of it! - in genuine property.
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Extra info for Are You Dumb Enough to Be Rich?: The Amazingly Simple Way to Make Millions in Real Estate
It took me many years to fully understand the power of that statement. My dad always had a knack for creating cash through selling. Now I know why: He understood the power of simply asking the question. P I T FA L L : P R E J U D G I N G One of the ultimate sins of the real estate business and for raising private money is prejudging. Unless your name is “The Amazing Kreskin” or you too have the ability to read someone’s mind, do not pretend to know what the other person is thinking, what is best for them, or how much money they have.
Yes, sometimes you will hear that, but you’ll only hear it from a nonmotivated seller. If the seller is unwilling to give you this vital piece of information, there is no deal here. ” At that point, if the seller is still unwilling to give you the information, politely get off the phone by saying, “I understand that you feel uncomfortable right now about sharing that information with me. ” You’ll discover that having a home sit on the market a few extra weeks or months will loosen a seller’s tongue quite a bit.
Please remember, it only takes a few deals a year to completely change your financial future. 31 DUMB-2_Ch04_p032-040 10/24/07 1:55 PM Page 32 4 WOW! become one of the most important words in your real estate investing career. As we go forward you will read the following several times: This is not an easy business, but it is a simple business. Learn the WOW system and it will help you keep your business simple. WOW is an acronym to remind you to gather all the information you need from the sellers while you have them on the phone.