In this great training session, Preston Ely starts off with a lesson in humility. It’s a personal story in which he took a good look at himself, analyzed his situation and grew because of it. Then, investor Michael Jake humbly talks about the trials and mistakes he encountered when starting REI, which will help you avoid those same issues. Plus, Michael helps us understand some of the factors and steps involved in determining whether you should wholesale a deal or retail it, including the best way to find the ARV to ensure offers are accepted. (Download a PDF transcript of this session in the Power Pack Tools.)
Discover and Learn:
- How to figure out the After Repair Value
- How to get access to the MLS
- What to do to build your confidence in REI
- Michael’s advice on whether to focus on buyers first or find deals first
- How Michael buys himself a few extra days before having to pay an earnest money deposit
- What you should do to find new buyers
- Books to read to help you reach success
- And even more…
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