Feb 15, 2018
When creating the cash flow
lifestyle, you are going to want to know how to structure deals.
Today, I go through the nuts and bolts of how to put deals together
and the financing component. Plus, the all important people
component. I also have a Free Live Webinar coming up February 20th. Please go to the link
and register to everything I’m doing in the multifamily
The Boardroom is also coming up.
I’m going to put on a small event three times a year with 35
participants. This will be a high level group that does a lot of
great things and gets a lot of traction. I am doing a six-part
webinar series on the six profit pillars and then a 3-day
intensive. I’m really going to teach this game, so you can have
time and money. Register at Kahuna Wealth Builders.
Topics on Today’s
- Partner with people who have net worth. This
person is a sponsor who puts down the earnest money and provides
the net worth and signs for the loan.
up 10% of your deal for a sponsor.
- Finding a deal is worth about 10%. It is a
simple math process.
a list of what I have and what I need and put the pieces
- Underwriting guidelines protect the capital or
you have no money or credibility give up more to get the deal and
a track record and build legitimacy. Then you won't have to give up
underwriting will tell you how much you can pay for capital and if
the deal is a go or not.
chase deals, only do fat deals.
find sponsors, simply start asking your friends and family and
will soon develop a way to ask and find the right
ask people for money, ask them who they know. The right people will
are people who want to invest who don’t like the ups and downs of
the stock market.
buy for the cash flow. Our investors crave consistency.
- I pay
my investors quarterly paychecks or mailbox money. Plus we sell in
five years and they get a big chunk of money.
this over and it creates a rising income story.
deals have to be done conservatively to make money.
golden rule is to take care of the capital 100% of the time
a net worth statement on an excel spreadsheet. What you owe minus
the properties value is your net worth.
Links and Resources
“I really want people to see the
authenticity of what I do and the next pieces of the puzzle.” Corey
“If you want to get into the
multifamily space, get good at raising capital.” Corey
“Having a deal under your built
gives you so much more legitimacy.” Corey Peterson
Don’t forget to download
my Free Workshop Quickstart Video
Series, and if you like
what you have heard please
leave a review on
Text the word MONEY to
408-500-1127 to get my free private money program and credibility
kit for single family.