HOW TO QUIT YOUR JOB THROUGH THE POWER OF REAL ESTATE INVESTING
a Webinar from BiggerPockets Presented by Brandon TurnerHOW TO QUIT YOUR JOB THROUGH THE POWER OF REAL ESTATE INVESTING a - - PowerPoint PPT Presentation
HOW TO QUIT YOUR JOB THROUGH THE POWER OF REAL ESTATE INVESTING a - - PowerPoint PPT Presentation
HOW TO QUIT YOUR JOB THROUGH THE POWER OF REAL ESTATE INVESTING a Webinar from BiggerPockets Presented by Brandon Turner WELCOME! WHAT ARE WE GOING TO TALK ABOUT TODAY? WHAT ARE WE GOING TO TALK ABOUT TODAY? Should You REALLY Quit Your
WELCOME!
WHAT ARE WE GOING TO TALK ABOUT TODAY?
WHAT ARE WE GOING TO TALK ABOUT TODAY?
- Should You REALLY Quit Your Job?
WHAT ARE WE GOING TO TALK ABOUT TODAY?
- Should You REALLY Quit Your Job?
- 5 Paths You Could Take to Quit
WHAT ARE WE GOING TO TALK ABOUT TODAY?
- Should You REALLY Quit Your Job?
- 5 Paths You Could Take to Quit
- 6 Vital Steps To Follow Before Quitting
WHAT ARE WE GOING TO TALK ABOUT TODAY?
- Should You REALLY Quit Your Job?
- 5 Paths You Could Take to Quit
- 6 Vital Steps To Follow Before Quitting
- How BiggerPockets Can Help You
WHAT ARE WE GOING TO TALK ABOUT TODAY?
- Should You REALLY Quit Your Job?
- 5 Paths You Could Take to Quit
- 6 Vital Steps To Follow Before Quitting
- How BiggerPockets Can Help You
- Question and Answer
GET YOUR WORKSHEET!
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WHAT IS BIGGERPOCKETS?
WHO AM I?
WHO AM I?
- Real Estate Investor
WHO AM I?
- Real Estate Investor
- VP of Growth at BiggerPockets
WHO AM I?
- Real Estate Investor
- VP of Growth at BiggerPockets
- Author of The Book on
Investing in Real Estate with No (and Low) Money Down (and The Book on Rental Property Investing)
WHO AM I?
- Real Estate Investor
- VP of Growth at BiggerPockets
- Author
- I can beat Super Mario Bros
in 8 Minutes
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www.BiggerPockets.com/______ www.BiggerPockets.com/________WHY DO YOU WANT TO QUIT YOUR JOB?
WHAT’S YOUR WHY?
SHOULD YOU REALLY QUIT YOUR JOB?
JOB VS. INVESTMENT
BECAUSE REAL ESTATE INVESTING FOR INCOME IS A JOB.
“FIND WHAT YOU LOVE TO DO IN LIFE MORE THAN ANYTHING ELSE – AND DO THAT FOR A CAREER.”
I’M NOT SUGGESTING THAT YOU SHOULD ONLY INVEST IN REAL ESTATE IF YOU LOVE INVESTING IN REAL ESTATE. I’M SAYING – ONLY INVEST IN REAL ESTATE AS A CAREER IF YOU LOVE INVESTING IN REAL ESTATE.
5 PATHS YOU CAN TAKE TO FIRE YOUR JOB
- 1. HOUSE
FLIPPING
HOW MUCH PROFIT PER DEAL? HOW MANY DEALS TO REPLACE YOUR INCOME? HOW DO YOU GET THOSE DEALS?
HOW MANY DEALS DO YOU NEED TO OFFER ON TO GET ONE ACCEPTED? HOW MANY DEALS DO YOU NEED TO ANALYZE TO MAKE AN OFFER? HOW MUCH MARKETING DO YOU NEED TO DO TO GET ENOUGH DEALS TO ANALYZE?
2. WHOLESALING
HOW MUCH PROFIT PER DEAL? HOW MANY DEALS TO REPLACE YOUR INCOME? HOW DO YOU GET THOSE DEALS?
HOW MANY DEALS DO YOU NEED TO OFFER ON TO GET ONE ACCEPTED? HOW MANY DEALS DO YOU NEED TO ANALYZE TO MAKE AN OFFER? HOW MUCH MARKETING DO YOU NEED TO DO TO GET ENOUGH DEALS TO ANALYZE?
- 3. RENTAL
PROPERTY CASH FLOW
HOW MUCH CASH FLOW PER UNIT? HOW MANY UNITS TO REPLACE YOUR INCOME? HOW DO YOU GET THOSE DEALS?
HOW MANY DEALS DO YOU NEED TO OFFER ON TO GET ONE ACCEPTED? HOW MANY DEALS DO YOU NEED TO ANALYZE TO MAKE AN OFFER? HOW MUCH MARKETING DO YOU NEED TO DO TO GET ENOUGH DEALS TO ANALYZE?
- 4. BRRRR
INVESTING
BUY
BUY REHAB
BUY REHAB RENT
BUY REHAB RENT REFINANCE
BUY REHAB RENT REFINANCE REPEAT
WWW.BIGGERPOCKETS.COM/______
- 5. REAL ESTATE
RELATED CAREERS
THE BIGGERPOCKETS MARKETPLACE
BiggerPockets.com/marketplace BiggerPockets Job Board6 VITAL STEPS TO FOLLOW BEFORE QUITTING
1.) START WITH AN HONEST EVALUATION OF YOURSELF
2.) CUT YOUR EXPENSES AND SAVE UP CASH
3.) GAIN EDUCATION
4.) DEFINE YOUR OBJECTIVE
5.) FIND YOUR NEW INCOME SOURCE
6.) HUSTLE YOUR TAIL OFF
6.) HUSTLE YOUR TAIL OFF
- Analyze 3 Deals Per Day
6.) HUSTLE YOUR TAIL OFF
- Analyze 3 Deals Per Day
- Make Offers on 10% of Analyzed Deals
6.) HUSTLE YOUR TAIL OFF
- Analyze 3 Deals Per Day
- Make Offers on X% of Analyzed Deals
- Get X% of Your Deals Accepted
WHY DON’T MOST PEOPLE EVER TAKE ACTION?
1.) NOT COMMITTED
2.) FEAR
3.) DON’T KNOW THE RIGHT PEOPLE
4.) NO MONEY
5.) CAN’T FIND A DEAL
How Can BiggerPockets Help?
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QUESTION AND ANSWER
I am not an attorney, accountant, or your mother. Please use common sense and know that this is just entertainment and I am nothing but a circus clown here to entertain.
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