The Business of Real Estate vs The Business of Real Estate vs. Using RE as a Vehicle for Investing Also a closer look at the sexy world of Flipping Houses! Laurel Sagen SacWholesales.com LaurelBuysHouses.com laurel@alcalaprop.com 916-476-2364

Who Are You? Are you an Investor who uses Real Estate? Are you a Real Estate Investor? Or are you in the business of Real Estate? These are different and distinct. They require different mindsets and different actions.

Hundreds Of Ways To Make Money In The Real Estate Business Slow Fast vs. Equity Cash flow Tax Advantaged Tax Deferred Income Capital Gains Hundreds of ways to make money in the Real Estate Busines

Start With Your “WHY”. Where Do You Want To End Up? What is your why Don’t miss this step What do you want Real Estate to do for you?

What’s Your Style Love to work with your Hands Technology Based Great Leader ( Huck Finn Type) Good At Sales Good at creating Systems

What Are Your Resources? Money Credit Connections Time Knowledge Partnerships

Best Way To Get Started? Wholesaling? Flipping? Rentals? Lending? Agent? Other?

Flipping Business: Is This For You? What's the best way to get started? What does it take to be successful? How to can you avoid costly mistakes? How can you not succumb to the dreaded analysis paralysis?

What Is Your Unique Competitive Advantage? Flipping Business What Is Your Unique Competitive Advantage? Resources Talents Partners Personality Capacity for risk

DO THE MATH, NUMBERS NEVER LIE! Flipping Business DO THE MATH, NUMBERS NEVER LIE! PROFIT = Sales Price -Purchase Price -Buying Costs -Holding Costs -Fix Up Costs -Selling Costs

The Purchase Purchase Price and Buying costs Flipping Business The Purchase Purchase Price and Buying costs Do the marketing yourself? Find the deal and negotiate the deal yourself Use an agent Use a wholesaler? Other ideas

The Holding Costs______ Flipping Business The Holding Costs______ Financing Purchase & Carrying Costs Partners Hard money vs private money Use your own money Other

The Fix Up Remodel Flipping Business Do it yourself Hire a general Be your own general Wholetail? Other

Flipping Business The Sales Costs Sales What affects the price you sell for and the costs of selling it Use an Agent regular or discount FSBO Other

Most Important Things To Remember________ Flipping Business Most Important Things To Remember________ Flipping is a Business, so treat it like one! Make time to systemize, grow and expand your network. Systems Entinties Professionals Education Learn from Mistakes

Laurel Sagen Alcala Properties SacWholesales.com LaurelBuysHouses.com laurel@alcalaprop.com 916-476-2364