One of the fastest ways to build a fortune in real estate is by flipping houses and once you start, the sky’s the limit! So what are you waiting for? Start flipping houses today! People ask me as we travel non-stop, teaching across the nation, “What is the one thing that separates the successful investor from the struggling investor?” To me, one of the three main points is the one we’ll talk about now – strategy versus tactic. What I mean by that is, you have to understand your strategy before you start your tactic. That’s the number one rule of successful investing. In the world we live in so many entrepreneurs see a tv show, or read an article, or whatever it is, and they get this “itch” to go try their hand in real estate. They’ll go to some seminar and they learn a certain tactic within real estate. It could be buy, fix, and sell, or lease options, or short sales, or multi-family. They hear about this tactic and get all excited about it; then they run out and try to be successful in real estate with a tactic. They come across hard times, problems, something that goes wrong and they get out of real estate. Afterwards they just go back to whatever it was that they were previously doing. The struggling entrepreneur or the person who gets in and out of real estate does so because they don’t understand what they are trying to accomplish with real estate. They don’t understand their strategy. Let’s say we are going to take a trip to the Grand Canyon. We’ll type into Mapquest, “I want to go to the Grand Canyon.” Then we press the “get directions from here” button. Mapquest then plots our route from where we stand to the Grand Canyon. That route, which is our strategy, requires a starting and an ending point. You have to understand your strategy first. Where are you at financially? Where do you want to be financially? In this blog, where you want to be is a monthly cash flow number. That’s what you’re striving for. My very first strategy, or destination, in real estate was to make enough money in real estate cash flow from rental properties to pay all my bills each month. At that time, I needed $4,500 per month. Once I reached that $4,500 mark, I had reached my destination. However, accomplishing my goal was much easier than I had thought it would be. Now I want $10,000 per month. Once I reached that destination it was, “How about $15,000 per month?” Strategy will change and grow as we reach our destinations. Focus on your strategy first, which is knowing where you are and where you want to be. That’s the path that you are going to go down....
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One of the fastest ways to build a fortune in real estate is by flipping houses and once you start, the sky’s the limit! So what are you waiting for? Start flipping houses today! The upstairs bathroom is located in the hallway on the other side of the kitchen and right next to the three upstairs bedrooms. The shower wall tile was installed at an angle, adding an extra “wow” factor, and not to forget the nice tile we used, which came from the many new tile options now available at Home Depot. The bathroom downstairs was originally just an extra bathroom in the house, but we changed it into the master bathroom, with heated tile floors and an upgraded bathtub with Jacuzzi jets. The oil-rubbed bronze fixtures really stand out nicely with the warm tile choices throughout all the bathrooms in the house. The dual-flush toilets from Home Depot are give an upgrade to our bathrooms, yet at a lower price. Also, located right next to the master bathroom is a huge walk-in closet with his and hers Martha Stewart closets on both sides. Material list (Hallway Bathroom): Floor Tile – MS International Piazza Ivory 18″ x 18″ Glazed Porcelain Tile (1000-002-202) Floor Grout – Polyblend #382 Bone (123-852) Shower Tile – MARAZZI Artisan Bellini 16″ x 16″ Brown Porcelain Wall Tile (632-536) Shower Accent – MS International Manhattan Blend Glass Mesh-Mounted Mosaic Wall Tile (566-317) Shower Grout – Polyblend #382 Bone (123-851) Shower Faucet – Moen Single Handle Tub/Shower in Mediterranean Bronze (502-734) Bathtub – 5′ Aloha White RH (481-143) Toilet – Dual Flush by Glacier Bay (215-583) Vanity – 36.5″ Home Decorators Collection Abbey (in Toffee with Stone Effects Vanity Top in Oasis) (1000-009-245) Faucets – Moen Banbury Widespread in Bronze (729-590) Mirror – 23.5″ x 29.5″ Deco Brushed Platinum Rectangle (876-222) Towel Bar Set – Delta Crestfield in Venetian Bronze (487-323) Material list (Master Bathroom): Floor Tile – MARAZZI Montagna Natural 24″ x 6″ Glazed Porcelain Tile (191-926) Floor Grout – Polyblend #380 Haystack (545-880) Heated Floor Mat – SunTouch Warming Mat (167-683) Heated Floor Control – SunTouch SunStat Warming Control (349-308) Shower Tile – MARAZZI Montagna Lugano 16″ x 16″ Glazed Porcelain (816-688) Shower Accent Wall – MS International Cosmos 12″ x 12″ Glass Stone Blend Mesh-Mounted Mosaic Wall Tile (366-928) Shower Grout – Polyblend #380 Haystack (230-766) Shower Faucet – Moen Single Handle Tub/Shower in Mediterranean Bronze (502-734) Jacuzzi Bathtub – 5′ Everclean (518-554) Shower Faucet – Moen Single Handle Tub/Shower in Mediterranean Bronze (502-734) Toilet – Dual Flush by Glacier Bay (215-583) Vanities – Two 24″ Norbury White (444-574) and One 13″ Norbury White (444-577) Faucets – Moen Banbury Widespread in Bronze (729-590) Mirror – Frameless Polished-Edge Mirror (548-208) Towel Bar Set – Delta Crestfield in Venetian Bronze (487-323) ...
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One of the fastest ways to build a fortune in real estate is by flipping houses and once you start, the sky’s the limit! So what are you waiting for? Start flipping houses today! Want granite in your kitchen? In this video, Andrew shows us how to most effectively use granite in kitchens. How to save money when selecting granite without sacrificing to a cheaper grade of granite. Learn a few tips an how to get a better grade without spending too much extra! ...
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One of the fastest ways to build a fortune in real estate is by flipping houses and once you start, the sky’s the limit! So what are you waiting for? Start flipping houses today! Andrew shows us how you can add a customized look to your bathroom’s shower and floor. ...
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