Episode 4:
At age 40, retired as Corporate Vice-President, Mergers & Acquisitions in National Banking;
In first 6 months after earning real estate license, created 6 figure income working with Investors;
Completed over 100 transactions per year consistently every year without a sales team or assistant, with virtually no marketing costs;
Traded over 3,000 Investment properties in less than 5 years;
Developed five real estate holding companies, owning more than 250 Rental Units;
Self-made multi-millionaire by building a real estate enterprise including: brokerage, rental management, investment services, settlement services, and appraisal services;
Award winner and accepted into Andron Apiphenon Order of Excellence for Real Estate;
Author of FIVE Real Estate Investment books:
- Rental Profits Without The Pain
- Flipping For Profits Without The Risk
- Turning Rental Problems into Real Estate Profits
- Wholesaling For Profits so Everybody Wins
- Investor Agent, Make More Money Not More Work
Founder, Trainer and Coach of Path to Profit System, teaching more than 8,000 Agents and Investors;
Students of the Path to Profit Systems have gone on to create fortunes in brokerage, property management, and by applying multiple investment strategies including flipping, wholesaling, and acquiring rentals;
Appeared on OVER 100 national and local media outlets including: CBS, FOX News, NBC, ABC, Business Week, iTunes
What you’ll learn about in this episode:
- Why it is important to have a plan in mind and an exit strategy prepared before you buy a property
- What kinds of exit strategies are available for various types of real estate deals, including hybrid approaches
- Why it is sometimes necessary to change strategies in the middle of a deal, and why you should try to avoid that when possible
- Why flipping homes can be a time-consuming, months-long process that isn’t shown on the house flipping TV shows
- How Gary can help determine what resources you have available, including financial, time and energy, skills and talents, etc.
- Why it is important to run the numbers first, THEN look at properties to determine what is a viable deal
- Why a turnkey property is a great rental option for day-one cashflow, and why a deferred maintenance rental property has higher returns
- How a hybrid approach combines a flipping strategy with a rental strategy for higher profits
- Gary shares an example of how a hybrid strategy works and can benefit both your cash flow and your overall profit
How to connect with Gary Wilson:
- Website: www.myinvestmentservices.com
Be sure to take the time to invest in yourself. Your future depends on it.
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