A goal without a plan is just a wish. If you don't know where you're going, any road will take you there. You wouldn't build a house without a blueprint, why would you try and build a business without a plan? Pick your cliche, but almost ALL successful investors have and follow a written plan. …
Continue reading "Learn to Write a Solid Investing Business Plan"
This group is gaining traction, and YOU'RE invited to join us! Here's a sample of off market deals discussed at our most recent meeting --A 16 Unit Apartment Building in Ypsilanti --A 41 Unit Portfolio of turn-key SFR's in Detroit. --Properties in Hazel Park and Kalamazoo possibly heading to foreclosure by a Private Lender. --A …
Continue reading "Rainmakers Subgroup: Finding Off Market Deals"
**Analyzing Deals** and **Finding Deals** are the absolute bread and butter of this business, and are skills you need to develop, because you will use them EVERY DAY. There are lots of ways to do both, which mean there are a lot of potential rabbit holes to go down that take you nowhere. It takes …
Continue reading "Learn and Practice Back of the Envelope Deal Analysis"
Rehabbing costs will likely be your biggest out of pocket expense, and it comes into play throughout your investing career, and no matter what investment strategy you use. In some cases, your rehab expenses might even be MORE than what you pay for a property. You cannot know too much, have too many resources, or …
Continue reading "Learn to Create an Efficient Rehab Estimating System"
Book of the Month: “The Best American Science Fiction and Fantasy 2022” Editors: John Joseph Adams, Rebecca Roanhorse This month we are keeping a beloved Sci Fi Book Club tradition alive. For the eighth year in a row will be reading the newest edition of a short story collection called The Best American Science Fiction …
Continue reading "“Best American Science Fiction & Fantasy 2022” Editor: John Joseph Adams"
This group is gaining traction, and YOU'RE invited to join us! Here's a sample of off market deals discussed at our most recent meeting --A 16 Unit Apartment Building in Ypsilanti --A 41 Unit Portfolio of turn-key SFR's in Detroit. --Properties in Hazel Park and Kalamazoo possibly heading to foreclosure by a Private Lender. --A …
Continue reading "Rainmakers Subgroup: Finding Off Market Deals"
FINDING Deals is the Bread of the business. ANALYZING deals is the butter. If you don't have leads, you don't have deals. If you don't have deals, you have no business. If you have no business, well, you know what happens. The most successful investors have "Acquisitions Managers" whose full time job is generating leads …
Continue reading "Learn How to Find Deals and Generate Leads"
This is a NEW Series, in addition to our FUNDAMENTAL Classes on Saturday mornings. A KEY element of Deal Analysis is the ability to know and quickly learn about the local market that the deal is in. March is a great month to review the current market, inventory, and trends within individual local markets. During …
Continue reading "Lunch ‘n Learn: Learn How to Find and Analyze Hyper-Local Markets"
In our Negotiation 101 class, we learned that if it is not in writing, it doesn't exist. Well, now when it IS in writing, the question becomes what are you locked into? What are your escape hatches? What is still negotiable? We'll dig into those scenarios and questions during this session. Negotiation is a lot …
Continue reading "Negotiation 201: A Deal is a Deal. Or Is It?"
Our new loyalty/rewards software lets you reward your existing customers and gets them back in to your store. Our rewards app lets your customers scan a QR code to earn reward points and reminds them when they are close to redeeming their reward.
