Page 36 - Equity Movement Magazine-Issue2
P. 36

REAL ESTATE INVESTORS RESOURCES (CONT’D)




                    Work your sphere: Using Your




                                                Network for Dealflow






    By: Christina Sanders


                                                                                               wealth for the next
                                                                                               generation.

                                                                                               Arnold believes that
                                                                                               many of the missteps
                                                                                               that fail to turn a profit
                                                                                               in real estate investing
                                                                                               come from failure to
                                                                                               truly plan and work
                                                                                               your network. “People
                                                                                               need to sit down and
                                                                                               write a plan of their
                                                                                               goals and evaluate their
                                                                                               family situation. Before
                                                                                               you do anything, start
                                                                                               with a plan.

                                                                                               Every seasoned real
                                                                                               estate investor knows
                                                                                               that the best deals
                                                                                               aren’t found on the
                                                                                               MLS. The best deals are
     With the promise of potentially endless wheelbarrow        usually found off market, within the network of
     profits, with little experience and a lot of hustle, you   tightly knit real estate professionals, “The best way to
     see more and more people attempting to leap                find a deal is through people’s sphere of influence.”
     headfirst into real estate investing. However, in spite
     of many success stories, many people find it difficult     So how does a person new to the industry and wants
     to fully break into the market, let alone turn a profit.   to be in it for the long haul break in? Arnold suggests
     “The key thing today is being able to find a deal”,        beginning to make your intentions known to your
     says real estate mogul and 30 year veteran Nathaniel       network, put a plan in place and build a network of
     Arnold.                                                    licensed professionals. “Identify people who can help

                                                                you close the deal. People think that you need more
     Nathaniel Arnold, is the CEO of IRA Real Estate LLC, in    money. You may not have to buy it to control it. That’s
     Washington, D.C., a firm specializing in providing 360     why the plan is critical. Identify skillsets so that you
     consultative real estate services to their clients. With   structure the deal for maximum profit.”
     their specialists bringing decades of award winning
     experience in every area of the real estate acquisition    Arnold also suggests searching your local Probate
     process from lending to title work, they have been         listings to find people who are eager to sell their
     working with Americans to put in place plans that          property both in and out of state. It will help you
     help them acquire the American dream and build             build your network and share experiences.


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