Virtual Online Meeting!
The biggest decision you make as a new investor is about your EXIT STRATEGY.
Your exit strategy determines the kind of income you get—one-time cash, monthly income, or some combination of the two…
But it also tells you what team you need to build (wholesalers don’t need a contracting team, retailers don’t need a property manager, rental housing owners don’t need a hard money lender)…
AND it determines everything ELSE about your day-to-day work—what kind of properties in what kinds of areas you’ll be looking for, what you’ll want to pay for them, whether you’ll need to line up financing, and what kind, whether you’ll do repair and upgrades, and to what level, how much time you’ll need to spend on your real estate business and what you’ll do in that time…
Yeah, it’s pretty crucial that you choose the right one, so to kick off the year we’ll talk through the 5 basic exit strategies, what they require from you in time and skills, and what they produce.