by Dr David Phelps
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A
lot of people get excited about Real Estate when they’re looking for investment opportunities outside the Wall Street arena. Historically, Real Estate has always been a great place to invest money –
but you’ve got to do it the right way.
Passive investors, like myself and the Freedom Founders community, invest through other people into the right kinds of Real Estate. We invest with boots on the ground operators – they are the ones finding the deals for us. There’s a big difference between operators, and aggregators or promoters.
Let’s say I want to invest in a single-family residential turnkey property. A true operator locates the property, negotiates a good deal, renovates the house, places tenants, and continues to manage the property for you.
A lot of great operators are out there, but they’re not great at promoting themselves because they’re busy!
Promoters or aggregators are the people who find the boots-on-the-ground operators and say, “Hey, I’ll market these properties for you.” They’re good at marketing, but there’s a disconnect. They aren’t finding the properties, doing the renovations, or managing the tenants and repairs themselves.
They make promises to you based on some kind of relationship they have (usually financial). They collect a nice chunk for promoting the investment on behalf of the operator, which raises your entry level price.
The biggest problem is the disconnect. The promoter/aggregator is not there to keep the relationship going, to make sure there are no holes in the deal or problems with the property or tenants.
So stay away from the aggregators and promoters – unless you want to pay a higher fee and have a disconnect throughout the whole investment opportunity.
The biggest problem investors face is where to find operators.
You can find them by attending Real Estate meetup groups in your hometown. Or, you can be a part of Freedom Founders, where we bring the operators directly to you. We’re not middlemen – Freedom Founders is not a promoter or aggregator. We have relationships directly with the operators. You’ll get to meet the operators and build your own relationships with them – we’re just the connectors.
Go directly to the source. Don’t let middleman promoters and aggregators get in between you and what you want - the cash flow that leads to freedom.
To your freedom!
P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
1. Schedule a Call with Me:
If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least $1M in available capital (can include residential/practice equity or practice sale), then click the link to jump on a quick call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to schedule a call with me directly. www.freedomfounders.com/schedule
2. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.
3. Ready to Step Away?
“How Much is Enough?” This simple question keeps hard-working professionals at the hamster wheel of active income far longer than they need to be. Watch this free training, and discover a proven model for determining how much you really need before hanging up the handpiece! www.freedomfounders.com/training
4. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (3-5 years or less), visit www.freedomfounders.com/step-1 to apply for a guest seat.
