How to Create a Plan So You Succeed in Real Estate Investing - Street Smart Cash Flow Accelerator #1

Lou Brown

Mar 04 2019

Today's tip is number one, and let's see what it is. Have a plan of action such as a business plan before you start. Well, it's a funny thing. I've worked with real estate investors all across the country and for many years I've been teaching since 1987 and one of the things I discovered is that a lot of people, whether they've already started or just getting started, don't have a plan. Now, what I mean by plan is you got to figure out what you're up to. What are you trying to create with your life, with your business? And one of the things that I always think about is the fact that when you get on an airplane, the oxygen mask drops down.

And what do they say? They say, put it on yourself first. So one of the things that you got to do is take care of yourself first. Your Ego. You got to get the stuff that you want. You know, God created an amazing planet and there's all kinds of wonderful things on here for us to take advantage of. So what resonates with you? What makes your heart sing? What's your list of stuff that you want? I've got a few examples for you here. Now, what is it that you want? Is it houses? Is it cars? Is it boats? And you know, I've got s's here, right? Is it college? Is it college for Yourself? Is it college for a family member, for kids, for our grandkids? Is it something that you want to give to someone else in terms of education? How about travel? Travel to where, where do you want to go in this incredible world?

It's a beautiful planet. The only problem is all the good stuff is not together. It's spread out all over the place. So where do you want to go in your life and what kind of experience do you want to have a RV's? You know, what kind of Rv do you want? Now what are you going to do? And what I want you to do is when you make this list, be specific. So like houses. Where do you want these houses to be and how large do you want the house to be and how much is that house going to cost? You know, start to think about what it is that you want. Start to cut out pictures of things or print out pictures off the internet. What is it that is in your dream, in your vision of what you want cars, what brand do you want?

What year, what make, what model? What color boats, what model, what length of boat, what style is it a yacht college? You know, where? How much does that cost? Let's put a list together. Now what I want you to do is make that list, add everything up and a line and that's your number. That's your big number, but there's a second number I want you to come up with and that's your monthly number. Who is it costs to own this thing? What's the monthly that we need to have coming in in order to be able to accomplish those goals in order to have those things and to keep those things too. So airplanes, shoes. I had one student, she wanted a budget of $10,000 per month for her shoes now. So it's whatever you want in your life. Let's make a list. Let's have a, let's have a great plan.

Now what we're going to do is come up with that big number cause what I've discovered is there's a formula and what we're going to do is follow a formula in order to build the size business that you need in order to accomplish those things. I hope you enjoy this and we'll use it. I know this will make a difference in your profits.

Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.

* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan…

* How to have a buyer or renter before you even buy property…

* How to have them already pay you money before you sold them anything…

These are exactly the kinds of deals he does day in and day out. Most 'investors' are getting it wrong. It's not about the property, it's about the buyer. Buying right and buying cheap is what you'll do after you have the buyer.

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Web Site:https://millionairejumpstart.com/ and https://streetsmartinvestor.com/

Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand, have long regarded the training, systems and forms created by Louis Brown as the best in the industry, Quoted as an expert by many publications and authors, “Lou” draws from a wide and varied background as a real estate investor having been buying property since 1976.

He's invested in single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting edge concepts in real estate today. He's widely known as a creative financing genius with his deal structuring concepts.

Being a teacher at heart he enjoys sharing his discoveries with others. He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world's largest real estate investor group.

He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.

You can also watch this video from:https://youtu.be/qsYDJXBFldQ