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Getting Started: The Five Steps

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If you’re trying to accomplish something new, it’s easy to fall into the trap of thinking it’s too complicated or too hard to do. The secret is to break each new challenge down into smaller step by step chunks. A great example of this was when co-author Peter Conti decided to heal his injured leg by hiking the Appalachian Trail. It seemed impossible, yet by breaking it down into steps he surprised everyone. Pick up a copy of his book, Only When I Step On It to read his inspiring story.

 Generate leads of potential properties. This is going to be the raw data that feeds your commercial real estate investing business.

 Analyze those properties so you know how much they’re worth. This analysis allows you to know what your target price is for each property so you can get them at a wholesale price or terms.

 Get the deals that meet your qualifications under contract. Don’t forget that getting deals under contract is an essential step.

 Find a qualified buyer. This is actually easier than you might think.

 Close the deal and get paid. This is our favorite step.

Commercial Real Estate Investing For Dummies

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