my business becomes. Think for a moment about some of the most successful businesses in your
hometown. Their business is very straight forwards, simple and they always seem to have an endless
line of customers. For example, in Milwaukee, we have a place called Kopp's Frozen Custard. It's an
institution, a staple and a tradition to all that live here.
Everyone knows where the three Kopp's Frozen Custard stands are in the city and eat there several
times throughout the year. This holds especially true over the summer time. It becomes the local
hot spot for everyone to hang out. Friends and families can relax and have some cold creamy custard
or a fresh jumbo hamburger on a warm summer night.
So how is Kopp's so successful and how does it
relate to my real estate business?
The secret to both businesses lies in "simplicity".
relate to my real estate business?
The secret to both businesses lies in "simplicity".
You see, when you order at Kopp's you only have a few choices. You can order frozen custard,
jumbo burgers and fries. That's pretty much it! They don't have hundreds of options on their menu.
People know what they are going to get and they are willing to wait in line for it. So many real estate
investors now a days are trying to learn hundreds of real estate investing exit strategies (methods in
which to buy and then exit a given real estate transaction for a profit), so they can close every kind of
deal under the sun. Much to their dismay, they become confused, stuck and lost when they actually
could be investing and profiting.
Kopp's Frozen Custard does not make this mistake nor should you. They keep it simple and that's the
way it should be, right? You should do the same when first starting your real estate business. It's not
necessary to know every exit strategy in order to profit. Then, as you make more profits you can add
more exit strategies to your arsenal.
Here are 2 exit strategies you would do great with and recommend learning.
- Lease-Option contract assignments (A.K.A. "Rent-to-Own") and
- Sandwich Lease-Option contract assignments
When you learn how to make money without money, you have the ability to make huge profits
without spending your own cash and maxing out your credit cards. Lease options and Sandwich
leases are 2 excellent exit strategies to accomplish this goal.
They don't require:
- Any of your own cash
- Any of your own credit
- Any risk
- A real estate license
- Years of experience
- For you to see the property, the seller, or the buyer
Yes, you read that correctly. You can build your business anywhere in the world 100% online. You
also don't have to worry about all the risk that other investors take on. All you need to do is the
following:
- Learn some new terminology
- New way of thinking
- Be willing to share this info with home owners and tenant buyers
You can even automate 90% of your business, allowing you to build from anywhere in the first
place.We do this by first educating both the buyers and sellers on the pros and cons of lease option
deals, give them valuable tools and informational resources to help them make the best educated
decision for their needs and wants.At the end, you bring them together for their desired outcome
while profiting.
Fair enough?
Want to see how I did it?
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