Among other things, in this module we’re going to discuss how to properly structure your business for wholesaling and net listings using LLCs. First, let’s do a quick introduction.
As you might imagine, I love real estate; it has allowed me to build multiple businesses and travel to multiple countries on multiple continents, literally on a regular basis. Real estate is one of the best ways to create financial independence because when you buy and hold real estate properties, specifically rental properties, it allows you to build a solid foundation. When you flip homes, obviously it allows you to get cash windfalls upon the sale of a flip.
The bottom line is if you have big dreams, you need to take appropriate action to pursue them.
Having a W-2 or 9-to-5 job is not going to get you there. It’s highly unlikely that you can realize any of your dreams if you work in a regular corporate 9-to-5 job. It’s just a reality. The sooner you accept it, the better. Entrepreneurs are the dreamers in this world. I think you should spend time everyday dreaming. If it wasn’t for the dreamers of the world, we wouldn’t be flying. We wouldn’t have computers or cell phones. We wouldn’t drive cars, and we wouldn’t go on vacations to faraway places previously undiscovered. Life is too short and too sweet to be a sheep. It’s the most precious gift of all. You should pursue it with vigor and passion. You’ll need to roll up your sleeves and get busy, but the thing is, it’s not a chore. It’s a passion.
Make the absolute most of this precious gift. When you invest in real estate, you’re providing a good service for your fellow man. One of the greatest truths I’ve ever heard is from a guy named Zig Ziglar. He’s passed away now, God rest his soul, but he had a famous saying. “If you just help enough other people get what they want, you’ll be able to get plenty of what you want.” It’s actually scriptural in its origin. There are three basic ways to pursue investing in real estate and serve others through the process. The first is to invest in rental properties. If you want to learn more about this process, you should read Rental Profits without the Pain. Visit MyInvestmentServices.com or call 1-800-931-2605 for your copy.
If you’re already in the investing game, at least leverage your activities so you also have commissions coming in.
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