Real estate is real, but is it real good or is it real bad? Grant looked at product for 3 years before ever buying and he encourages you to walk many properties in order to get a real good deal. You must know what you are doing. If you aren’t obsessed with real estate, you shouldn’t be in it. Grant breaks down a deal in this episode and shows you what is good about it, but also what concerns him. He shows that you can borrow money at 4% on a deal with an 8.3% CAP—and get paid 4.3% just by getting a loan. But Grant reminds viewers you don’t have to go small, ride with someone who is going big. When you look at a deal look at two things—the subjective and the objective side. The subjective is how the deal feels. The objective is how the numbers fit. If you have a deal you want Grant to look at, email [email protected]
Advertising needs aside, won't the value of the property increase with the vacant areas developing around it? OR...will the NEW units provide too much competition for your vacant units when they occur?
Uncle G how is that $32000 year?? I am confused? Shouldn't it be $32000 Month!
$2000 x 16 Units = $32000??
We need you to write a book on Real Estate with the definitions of ALL the terms. Thats the main thing that is causing not understanding the subject.
Garantee you the book will be a BESTSELLER!
Uncle G please write us a book with the Basics of Real Estate :)
How far do you go from your town? If I stayed in my town (within an hour from me), I'd see all the product in 1 weekend. I'd have to go into the Queens/Brooklyn area to get into real product and that's 2 hours away.
I'm on the east end of Long Island.
THE 10X master! Thanks UNCLE G for all the wisdom and support you do for entrepreneurs all over the world. PERSONALLY, you have helped me 10X my life. I'm into real estate in my Country PHILIPPINES and into sales because of your BIG HELP. THANKS a lot.