Key Real Estate Investment Strategies For Creating Passive Income w/Clint Bartlett
Real estate investment is a great way to create a passive income, but there are so many investment strategies that choosing the best strategy can be overwhelming. What different types of investment should we consider? Which is the best option, and how can we determine the most relevant strategy for our needs and abilities? On this jam-packed episode, co-owner of Dynamic Properties, Clint Bartlett shares the best strategies for real estate investment.
Takeaways + Tactics
-
Entry-level investors should consider wholesaling: acquire a property under contract and reassign it to the end buyer - then charge an assignment fee.
-
When flipping properties, keep renovations minimal. Investors might also opt for ‘wholetailing’- cleaning up properties for under $1,000 before listing them.
-
Holding the right properties in great neighborhoods and using them as rentals should be our end goal.
At the start of the episode, we discussed why real estate investing is effective for creating passive wealth. We also discussed when it’s best to pass on certain properties - like if there’s too much work involved or it’s not financially viable.
We also learned:
-
The necessary team members for a successful investing business
-
The top 8 mediums for finding deals
-
How to fund deals
There are many options for team leaders who are interested in real estate investing - we just need to find what fits best for our businesses. Some options - like wholesaling - are more appropriate strategies for entry-level investors; while holding rental properties should be an end goal for us all. The great thing about the key investing strategies is, once we master them, they become easily replicable and can help us generate passive wealth for years to come.
Guest Bio-
Clint Bartlett is the co-owner of Dynamic Properties, alongside Jeff Cohn. He first entered the real estate investment space when he decided he wanted to acquire passive wealth. After ensuring there was enough in the pipeline to justify leaving his corporate job, Clint made the jump to real estate investing, and he hasn’t looked back since.
To connect with Clint on social media, find him on Instagram under @theclintbartlett.
Join us, Monday, September 23 - 24, 2019, for The Team Building Workshop and The ERS Investor Workshop
For the first time ever, this September and October, we are offering The Team Building Workshop and ERS Investor Workshop. Not only do we dive deep into the key aspects of building and scaling a real estate team, but for the first time ever Jeff and Dynamic Properties will host a whole day real estate investing workshop.
Planning on coming to both Workshops? Reach out to us for exclusive package discounts! info@eliterealestatesystems.com
To sign up for next year’s Team Building Summit, head to
Theteambuildingsummit.com
To download Jeff’s tools to take you from top-producing agent to CEO, visit:
