Learn How to Start a Real Estate Business From Scratch
This isn’t going to be easy! The world has a perception that the real estate investment business is easy and glamorous and you will be wealthy quickly.
Certainly, you like the idea of being your own boss. What you won’t like is the hours, weeks and months of work, and the continuous rejection you receive on your way to becoming your own boss in real estate.
Today, I’m answering your question about how to start a real estate business from scratch. I’ll also reveal a potential start-up real estate investment business that makes it possible to earn $25,000 or even $50,000 on each transaction.
Before I finish I will show you ideas that will help you solve the problem of the cycling up and down of the real estate economy and how to generate income on a regular basis.
Want to learn how to start a real estate business from scratch and achieve financial freedom? Would you like to buy mortgage-free homes for pennies on the dollar? Or earn double-digit interest rates secured by real estate? Then you don’t want to miss this FREE Mini Course.
Successful Real Estate Investors Know How to Market Themselves
Successful entrepreneurs in most cases are practitioners, problem-solvers, and they realize they must create a product or service that solves problems for other people.
One of the most important things to know and understand is how you will let the world, your potential prospects, know you’re in business. It’s not easy to become “known” in a business. It may take years.
For example, the internet and professional organizations are often filled with people who are also looking to take advantage of their new business.
Many of them are using business plans and following a step-by-step process to be successful. Renting the office and putting up the sign is certainly the easiest part of how to start a real estate business from scratch.
A Word About Real Estate Business Plans
Briefly, a few words about business plans. You need to be cautious. These plans for how to start a real estate business from scratch are written by well-meaning people who are writers. They researched the many aspects of what it takes to do business.
Some of these templated business plans are absolutely free from a professional organization or even online.
Don’t be surprised if they are 50 or even 100 pages of narrative. They look quite impressive, however, most are written by people who are not in business. That should be the first signal to be cautious.
How will you know? I’ve read dozens of business plans, and some of them are works of art, filled with a massive amount of details. However, they have no information about marketing and sales.
I have a free gift for you, a special Master Class that will show you how to start a real estate business from scratch and reveal the secrets of tax defaulted property investing. Get your FREE gift today.
Your Real Estate Business Plan Must Account for Revenue Generation
Many business plans don’t reveal how to make revenue. If you’re going to have a business, the weakness of all businesses is how to generate revenue.
If you want to know how to start a real estate business from scratch, it’s important to understand that marketing and sales have a lot to do with being in business.
Marketing is knowing what customers want, what they will buy, when they’ll buy it and what problems you’re solving for them. If you have no sales revenue, you have no business.
What is the step-by-step process in the business plan to create revenue? Without revenue, the business will not survive.
You must answer the question, where are the customers coming from, and why will they buy your problem-solving products or service? Who is going to close the sale? How will the product be distributed?
The Tax Defaulted Property Business
Since today I’m answering the question, how to start a real estate business from scratch, I want to give you some encouragement and reveal a start-up real estate investment that’s little-known.
It’s not very glamorous, however it is highly profitable when you know how to do it. Also, it works in any economy.
30-years ago, I discovered a business that’s been around for over 200 years. It’s perfect for entrepreneurs and newcomers who want to buy real estate way below market for 10 cents, 20 cents, or 30 cents on the dollar. These properties will also have no mortgage or deed of trust loan.
The properties are owned by the local county government, and nationwide, all counties will have these properties available. They’re called tax defaulted properties.
These are properties that the county confiscated because the owners failed to pay property tax. The county has seized property and is willing to sell it for pennies on the dollar.
If you not only want to know how to start a real estate business from scratch but are also looking for real estate business ideas, investing in tax defaulted real estate is incredibly lucrative.
Takeaway
We hope you enjoyed Ted’s lesson, “How to Start a Real Estate Business From Scratch”
Here’s a quick review. In over 3,000 counties nationwide, auctions are taking place on tax defaulted properties with starting bids of around 10 cents and 20 cents on the dollar.
How many properties would you buy if they were discounted at 70% or 80% of the tax assessed value? As many as you had the money to pay for.
You could sell at any price that the market will bear, keeping in mind that you’d have a large profit margin. In many instances, Ted’s students purchase these properties for low prices and earn $25,000 or even $50,000 from reselling one property.
If you’d like to know more about how to start a real estate business from scratch in tax delinquent property investing, Ted Thomas provides full support and complete training with home study courses, Q&A webinars, live tutorials, workshops, web classes, and personal coaching with certified coaches.
You can learn how to reap the huge rewards from tax lien and tax defaulted property investing! Get started today by taking advantage of Ted’s Free Master Class! Act now, it costs you nothing and will give you a big head start!
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