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Mauricio goes through the 7 tips for real estate investors.
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⏰ Timestamps ⏰:
0:00 Introduction
0:11 Tip 1 – Pay attention to the letter of intent (LOI)
0:44 Tip 2 – Get extensions
1:25 Tip 3 – Get into the contract as soon as possible
1:54 Tip 4 – Use a real estate attorney
2:49 Tip 5 – Make sure the contract is assignable
3:28 Tip 6 – Make sure the seller is the legal owner of the property
3:49 Tip 7 – Set due diligence deadlines by events and not the calendar
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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income.
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