I am often asked questions like “what are the top 5 things I should do to set my business up for quick success” or “tell me the 10 steps for making fast money with real estate”. Everyone thinks that there is an exact formula or a 10 step program that you can follow and magically get rich quick or at least put your business on the fast track to success.
I have said it many times before; there is no easy button or shortcut to success in this business or any other business for that matter.
But, there are certain things you should focus on in the beginning. These same steps will be the ones that will drive your real estate investing business over time.
Find Deeply Discounted Properties
Real estate investing at its core is a simple premise; you need to find deeply discounted properties and find a way to make money on them. That’s all.
Your exit strategy will determine the exact manner in which you make your money.