Rob Swanson’s Real Estate Investing Blog

Babe Ruth is known as the ‘Home Run King’. What most people don’t know, at least it’s not highlighted, is that he also had the most strike-outs of any other batter!

How is that relevant?

Look, as a real estate investor, this business is a numbers game 100%. You have to swing for the fences to be successful and you have to take chances. Babe Ruth did not become the home run king by taking it easy or by holding back. Go for it.

Get over whatever it is that is causing you to procrastinate, hold back and not succeed. Every time Babe struck out he was one at-bat closer to the next home run. It’s the same with real estate.

Each time something goes wrong (and it will for you like it does for me), you just have to bounce back. Be resilient. Go again. Don’t stop until you succeed.

This business isn’t easy, but it is simple.

I’m not in Denver right now, I’m out of town and was meeting with several investors over lunch today.

They talked about sophisticated technology and software to analyze deals and figure out if a deal is a good buy or not. They had totally over-complicated the whole evaluation and were’nt even sure of what benchmark to really evaluate against.

I moved our food out of the way and on the paper tablecloth at our outdoor patio lunch venue I scribbled out a quick and easy formula to figure out if you have a good deal or not.

They looked at me in shock and said “Is it really that simple?” For the nearly 20 deals we closed last month…it is.

Swing for the fences. Make some mistakes, correct course and go after it again. It really is that simple.

Check out this 20 minute training video and learn how to get paid at the beginning, middle and end of every deal by following the Profit Line Formula. Enjoy!

http://www.reieducationproducts.com/the_profit_line_formula

To your success,

Understanding the Real Estate Profit Line Formula is an overlooked, rarely taught strategy that will dramatically, with proven results, help you instantly stabilize your real estate cash flow.

Let me explain:

When you invest in real estate, you (1) find a good deal (2) write a contract (3) estimate your repair budget (4) plan your exit strategy (5) secure your funding (6) close on the property (7) execute and manage the project and (8) PROFIT by selling or holding

—>>> Good plan with one major problem. Your PROFIT doesn’t come until step 8.

Ouch.

It is nearly impossible to make the kind of money you desire using this traditional real estate system.

Whether you are limited by finding, funding or fixing, it is extremely difficult to get paid with regular and repeatable income.

The Real Estate Profit Line Formula is a hard-hitting, money-making concept that that will dramatically improve your cash flow.

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***THIS IS IMPORTANT***
—>>> Friday, March 21st at noon, that is 12:00 pm MST, I am going to release a FREE training video that will explain the Real Estate Profit Line Formula in detail so that you can instantly improve your business cash flow.<<<—

Do not allow yourself to miss this FREE training!!

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Watch for the release.

To Your Success!

Hey, this is a really simple question.

Are you in it to win?

In real estate I mean. Investing.

Or, are you in it to simply “not lose”?

The 1980 US Olympic Hockey team won gold because they took the dominant world team out of their game. Nearly everyone that played the Soviet team prior to the championship game sat back on their haunches and played passively devensive. They weren’t in it to win. They were simply in it to survive and not lose too badly.

The US beat the better Soviet team because they went out there to win. They went on the offense and took their opponent off their game.

You can do the same in real estate investing. Attack the market. Attack the next deal. Attack finding more money. If you’re investing based on a defensive strategy you lack one of three critical elements: confidence, education or structure.

Go on the offense, attack and win at real estate investing.

Here are three steps you can use to attack real estate investing today:

Step 1. Develop your real estate investing business plan. Know exactly what you do, why you do it and how to make it happen. If you don’t have regular, repeatable income streams, your business is destined to struggle.

Step 2. Learn the exact structures you need to follow to create cash, cash flow and equity – up to 3 profit centers on every deal you do. This will eliminate the typical feast and famine approach and will help you create regular, repeatable income streams. Master your deal flow and structure and you will immediately see results.

Step 3. Stop procrastinating. Whether you’re ready to invest immediately, need to attend real estate investor meetings for motivation and networking or you simply need to get a quality real estate investor education to learn how to make money step by step. Seek out the people that will help you succeed.

Now, get off the defensive and to ATTACK!

Hey real estate investors,

Let me share a little secret. Excel lies! Period.

Do you know what I mean? You can make a spreadsheet tell you what you want to hear. It doesn’t matter whether it’s true or not. If you manipulate it until the output works, you’ll feel great. Right?

Well, actually wrong. When you’re analyzing your deals, if you choose to use Excel, don’t keep tweaking the numbers until it says what you want it to say.

Study your market, know your numbers and plug them in. Develop and have a very specific buying formula and criteria and stick with it. Educate yourself and then simply let Excel output the complicated calculations. But, you must know what to plug in to begin with.

Just be wary. In my earlier days, I would play with the spreadsheet for hours until I convinced myself that the numbers I plugged in made good enough sence and, until I like the output. I used Excel to justify my own lie.

So, is Excel really the biggest liar. Well, maybe it the person plugging in the data in an all encompassing effort to find that next great deal. Good deals are everywhere, great deals come with persistance and you can create a consistent flow of both by learning the business of real estate investing.

Just don’t lie to yourself and justify it with a spreadsheet. If a deal is really a deal, you should know instantly!

Do you ever find yourself consumed, totally excited about the next big deal, the huge opportunity that you just happened to find yourself in the middle of? Maybe right now you’re working long, hard hours, squeezing every last spare minute of your time toward that one deal that will change your life and your families life forever.

Let me spare you and your family some trouble (I’m not being a downer – read on because there is a very positive and profitable ending to this story). The longer you are around business, particularly as an entreprenuer, you, like I, will realize that ‘Deals of a Lifetime’ come just about every three months.

Honestly, years ago, I used to find myself consumed by the next great opportunity, that one deal that only I knew about. Guess what? I was wrong.

Here’s what I found. I realized, that the longer I was in business, the more I kept myself out there in the business world, the more Deals of a Lifetime just kept appearing. What I’ve come to learn is that deals of a lifetime come, go and come again. And, almost more importantly, what appears on the surface (at least through rose colored glasses) to be a deal of a lifetime, well, it usually isn’t.

Now, that being said, let me share with you the huge positive realization that this has brought. While I’m not a believer in chasing after Deals of a Lifetime, I am a believer in being mindful and watching for certain huge opportunities that only come once or maybe twice in your lifetime. Do you see the difference?

Run your business, strategize your investments and watch for opportunities. Don’t blindly and with great emotion chase the next great deal of a lifetime, but rather, put it through a filter test. Determine it’s merits and evaluate substance, a viable exit strategy and realistic profitability. Evaluate the character of the people involved and choose your partners, aliances and ‘deals’ wisely.

Your family, your health and your wallet will thank you! I know mine have.

I often tell newer real estate investors as well as seasoned investors that there is a relatively simple business plan one can follow to set their real estate investing career on track for success.

It starts with this. As a real estate investor, you must have cash coming into your life from somewhere. Period. That can be through other real estate deals, it can be from a business you own, your job or any number of places. Just have the ability to generate cash when needed.

Here’s the Real Estate Business Plan 101 in it’s simplest form:

Part 1. Wholesale real estate to create cash. Structure deals, create and control great real estate deals for an immediate cash resale to other investors using wholesale buying techniques, options and various forms of cash, cash flow and equity control.

Part 2. Retail real estate to raise additional capital. Retailing real estate, i.e. buying, fixing and flipping increases your credibility in the marketplace and gives you the ability to earn the respect of private investors seeking an opportunity to back your investment business.

Part 3. Hold real estate for the long term benefits and wealth building potential.

Part 1 is about being a Deal Maker and Parts 2 & 3 are about being a Deal Buyer. You can learn more, click here.