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Money, People, Deal: The Fastest Way to Real Estate Wealth

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Most novice investors don’t understand the three fundamental parts of a real estate deal and waste time trying to raise money the wrong way. By doing so, they burn their credibility and look like fools to their network of potential investors.

What are the three things

required to start a business in

any industry?

Whenever I ask this question to a group of people, the first answer is usually “Money!” and this answer is 100 percent correct. Money is always required, in some shape or form, to start a business, whether it is $10 to start a lemonade stand or $10 million to build an apartment complex. When I say that I started my business with no money, what this means is that I started my business with someone else’s money. The money used to acquire real estate was raised from an investor and has grown by leaps and bounds with other people’s money. Money alone is useless and earns very low returns without the other parts of the business. Money is abundant; everyone has it, and money is always looking for a safe place to earn a handsome return.

The second ingredient required to start any business is the people who

The Three Major Parts of Putting

a Deal Together