Like most people you may be used to working a regular job at a pretty much-fixed level of earning. I did for 15 years. But by understanding that there are opportunities to make fantastic money in real estate without having to BUY properties is an amazing revelation to most, it was to me.
I specifically learned (and am continuing to sharpen my skills) to 'assign ' real estate contracts.
Assignment is basically finding properties below market value, locking in a purchase agreement with the seller, and then selling the contract to another investor. You will simply collect a finder's fee for 'sourcing and locking in the sales price'. My commissions over 2 years ranged anywhere from $750 - $13,600 depending on how the deal was structured.
Knowing that you can get started learning the required skills to execute assignment real estate transactions, while continuing your full time job, is a great advantage for many. Believe me after I received my first check (about $5,000) for assigning my first contract, my eyes opened to the possibility of being wealthy. I was finally enlightened to the concept of 'doing business' rather than 'just working'. What a feeling!
What do you need to get started making offers on properties and then assigning the contracts ASAP?
You need a good training method that teaches you STEP BY STEP to do these 3 things:
1. How to find motivated sellers
2. How to analyze a deal and make the best offer
3. How to prepare your package and present it to potential buyers
There is more to learn but these are the 3 major topics.
Opportunities Are Everywhere
No matter where you live there will be many opportunities to source these types of profit potential properties. The training method I used showed me step-by-step how to find these properties and actually have sellers contacting me to meet with them.
Transition Your Career
If you are at a point in your career where working for yourself seems like a great option I highly urge you to look into assigning real estate contract. I know of no other endeavor where the profit potential is greater based on hours actually worked (well maybe if you're in the NFL, NBA or Brittney Spears... but back to reality!)
It is an extremely liberating experience to know that the potential earnings are unlimited by understanding and executing these types of transactions.
Start Training
A link to a great training guide can be found specifically teaching you all the steps to find and assign below. You can be ready to make offers in 30 days, so just get started and begin reading; emmerse yourself!
It's a great risk free, foot in the door to understanding and profiting in the real estate world.
