Finally, a local training and mentorship program delivering a complete, step-by-step system to help you Find, Fund, Fix and Flip or Fill properties to promote and grow your real estate portfolio! The Invest Success Mentorship Program gives you a year’s worth of business know-how covering a solid plan of real estate investing strategies, handed to you through an easy-to-implement system.
You’ll learn up-to-date, proven strategies, tools and tactics so you can move past the hurdles of real estate investing and accelerate your success. Our curriculum is self-paced and designed to help you grow your real estate portfolio as fast or as slow as you want! You’ll enjoy one-on-one calls and ﬁeld trips with seasoned Invest Success Mentors. In addition, you will have access to a library of forms, systems, processes and more!
Our Students Receive:
• Workshops and Seminars for 1 year
• Quarterly Networking
• Forms on Flash Drive
• Scope of Work education
• Contractor Contact List
• Field Days with Invest Success Mentors
• Training Manual on Flash Drive
• Priority access to wholesale properties
• Weekly call with Invest Success Mentors
Upon Program Completion, You Will:
- Understand how to estimate the costs of rehabbing a property
- Have insight into general marketplace trends: what sells, what doesn’t
- Be able to analyze properties
- Understand how to purchase property under a Limited Liability Company (LLC) and the forms and documents required
- Create a Scope of Work (SOW) template that address the rehabilitation of your property
- HAVE REHABBED YOUR HOUSE and be able to tell YOUR STORY!!!
The 5 Fundamentals – Find, Fund, Fix, Flip or Fill
FINDING the right Property:
We help you to determine the parameters we’ll use in selecting the right property. This is a signiﬁcant learning curve, we inspect multiple houses and will help you learn how to apply ﬁx up formulas to each property. We’ll rate the neighborhood, discuss price points and help to determine the After Repair Value (ARV).
FUNDING the Property:
Financing the rehab property can seem overwhelming when you ﬁrst start out, but it is straight forward. We’ll walk you through this process and teach you the pros & cons of the different methods to ﬁnance your project. There are over 10 ways to fund an investment property and we will review each one to determine the best ﬁt for you. We will also review the importance of insuring your property. Your insurance needs may vary with how you’re paying for the property. Each provider has their own requirements and varying types of coverage. Don’t be caught off guard. It’s important to protect yourself, your assets and your project.
FIXING the Property:
This is the phase of the project that can be a lot of fun or a lot of stress, depending on your ability to understand the process and make quick decisions. We will help you with both. We help you to understand the work-ﬂow process. Learn what happens, when and why, from a construction point of view. Learn to work closely with contractors that you have hired and become skilled as “running the show”.
FLIPPING the Property:
When we talk about “ﬂipping” we mean reselling the ﬁxed-up property. Although ﬂipping can be lucrative, it is not the only exit strategy available. You will learn what a realtor can and cannot do, how they earn their commissions and structure of their services. Understand your options for listing the property, the value of your property and setting prices at or below Fair Market Value.
FILLING the Property:
Filling refers to property. This can provide positive cash ﬂow while allowing the property to appreciate in value. You will learn how to set rental prices, techniques for increasing cash ﬂow, how to market and manage the property.