Gabrielle Dahms - Finding Profitable Deals

FINDING

PROFITABLE DEALS

The Real Estate Investor Manuals

Volume II

Gabrielle Dahms

Data provided here is deemed to be accurate but NOT guaranteed. The contents imply neither legal nor financial advice. Readers are encouraged to consult appropriate professionals and do their homework. The author is not responsible now or in the future for any liability, loss, or risk incurred as a result of the use of any of the information contained in this book.

All opinions and remaining spelling or grammatical mistakes are those of the author.

This is a non-fiction work.

Copyright 2019 by Gabrielle Dahms

All rights reserved.

This book or any portion of it may not be reproduced or used in any manner whatsoever without the express permission of the publisher except for use of brief quotations in a book review.

Published by Booksmart Press LLC
ISBN 13: 978-1-7331473-3-0

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DEDICATION

For all those who aim to be the best they can be.

Table of Contents

Profitable real estate deals are the lifeblood of successful real estate investing. That much is obvious. But what is a deal? And where do you find one? I wrote this book as a sequel to my book How Trends Make You A Smarter Investor, a book about conscious and conscientious real estate investing.

While the first book delved into nine big trends, every real estate investor ought to know, it did not address how best to find profitable real estate. Finding Profitable Deals picks up the slack.

The book contains various real estate investment vehicles. It helps to identify great markets and real estate bargains. Beyond that, the book features a negotiation overview and a resource section.

Other books and courses about real estate investments exist. Many of them warrant their own books. As a real estate professional of almost two decades, I wrote this book as an overview. My clients inspired me to do so.

I want to stimulate your desire for more and to inspire you to excel in the real estate investment that best aligns with you. The books content reminds novice and veteran investors that real estate investments opportunities affect people and societies.

May your real estate investing make a positive difference in all areas of your lifeand in those of others!

Over the years real estate investors continue to ask questions like where to find the best real estate bargains, what markets are the best markets. Variations on that theme proliferate in real estate investing and in real estate.

The need to understand the markets and to analyze them arises alongside questions about where to locate such deals. This is true because many investors only look at investment price tags, at least in the beginning.

Investment price tags represent one metric, though a somewhat deceptive one. For example, many properties in say the mid-West, appear to be fantastic deals to investors who live in much higher property value states. Yet, often such properties do not represent value for a variety of reasons.

Questions about the best real estate markets to invest in and how to identify and find profitable real estate investments stymie many investors.

Some never get off the ground in real estate investments, which remain a dream versus reality. Others search around, sometimes find something that works for them, but often after a steep learning curve. Such a learning curve costs time, money, energy, and effort. And then there are those who succeed right away or almost right away.

What distinguishes those investors?

This book proposes that what distinguishes successful real estate investors from those who are not and from those who remain dreamers is their ability to recognize, find, and gain profitable real estate investments. To do so these investors need to know:

• What qualifies as a profitable real estate investment?
• Which real estate investment categories are available?
• What do specific real estate investment categories require?
• Where real estate investment opportunities exist?
• How to analyze real estate investment offerings?
• How to acquire profitable real estate investments?
• How to set up real estate investing as a business?

Discussions about real estate investing fundamentals such as financing, investor mindset, and due diligence are important. However, Finding Profitable Deals focuses on locating actual real estate investments. While information about these subjects shows up here, more in-depth discussion on them is available in How Trends Make You A Smarter Investor.

This book repeats essential information on these topics but not all. I encourage readers to delve deeper.

As already mentioned, the book you hold in your hands either in paperback or Kindle format is about recognizing, finding, and then owning the right real estate investment for you. It explains various investment categories and focuses on developing the marketing systems to locate them.

Successful marketing underlies successful real estate investing. Yet, marketing is a broad term which we will discuss in further detail and several approaches to uncovering real estate investment opportunities.

And although the subject of this book is about finding profitable real estate investments, its information is transferable to regular real estate buyers and sellers.

Although the book provides readers with steps to analyze these investments, the information it contains is not final or complete. If learning more about topics in this book interests you, look for an upcoming title in this series.

Finding Profitable Deals concludes with several other important considerations for real estate investors and provides a resource section at the end.

Real estate investing, its many opportunities, possibilities, and aspects, is a subject that spans a wide range.

This book aims to contribute to this vast body of knowledge from the perspective of a real estate veteran. Its intention is in offering fresh perspectives about the real estate investing business. It joins information that investors usually find piecemeal. It seeks to make investors lives easier and more straightforward.

Let it stimulate your desire for more, then put you on the path to excelling in the investments that best align with you. Further, the book stands as a reminder that real estate investments affect people and societies.

May your real estate investing make a positive difference in all areas of your lifeand in those of others!

Chapter 1

Real estate investing is a business which, like any other business, requires buyers, sellers of property. Think of the real estate profession, whether a real estate agent, a real estate attorney, or a mortgage professional, as facilitators between the buyers and sellers they must somehow find. Real estate investors are no exception.

All markets, the opportunities they offer, and the potential profits which derive from the markets and the opportunities comprise buyers and sellers. Behind all properties is the party which owns it, the potential seller. Buyers may already own property or not but their interest in buying real estate lies in the desire to generate profits. Those are real estate investors unless the buyer wants to own a place to call home, in which case they become homeowners. Any party can be both a buyer and a seller.