Unlock the Untold Secrets to Crushing Real Estate in 2025—Start From Zero and Build Your Empire Now!
Dave:
So we sort of talked about this. I was going to ask you what to do first, but I think sort of an analysis of the goals sounds like what you would recommend or is there a different thing people should do first?
Henry:
Now, more so than ever is the time where you need to have a strategy and then figure out where and how you can implement that strategy. Because if you started buying in 2020, then it didn’t matter what you bought, it was going to go up in value, the market was going to pay you regardless of your strategy, and that isn’t the case anymore. You can go out, do a deal and lose a bunch of money if you do a bad deal. And so if you don’t know where to start, having a strategy that gives you a blueprint to help you get started is big because like I said, everybody’s different. You may be ready financially, but the strategy you’re thinking about may not make sense for the market you live in, right? You’re not going to acquire a bunch of cash flowing assets in la. You’re going to have to get creative to get cashflow in a market like Los Angeles. So knowing what your strategy is will then help you determine where you should invest and how you should invest. So I think definitely education, strategy, execution.
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