Brad Kiger founded the Kiger Group in 2016 and has served over 300 families. He has been flipping houses since January 2021 and hasn't looked back.
This Master Class will cover the process of building wealth and investing and how to use your advantage as an agent to build wealth.
It will go over the basic outline of the process, how to go about it, and how to be more creative with investing.
Starting with:
#1 Set your investment goals
#2 Educate yourself with webinars, podcasts, buy and hold books, etc.
Creative Investing
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How to get started
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Finding the deal is the first step
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Prospecting for properties, FSBOS and expireds, looking for vacant properties
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Sending mail-outs, emails
How to communicate with prospects
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You'll learn what to say in the emails, texts, and/or letters
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How do you ethically buy investment properties as a real estate agent
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Working with sellers and being transparent about their options
How to find deals with equity
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How to find properties
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Agent referrals
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Prospecting
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Driving around (driving for dollars)
How to save on cost for repairs to make the most money
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Learn to ballpark repairs for properties that need rehabbing
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Cost save measures
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What to look for on properties that need repairs
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What is the magic formula for investors
Buy the materials yourself
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How to find and fund materials for rehab
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Home Depot
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Working for contractors
The advantage of investing in buy and sell
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How to decide whether to rent or sell after rehab?
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When to sell or hold
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What are your goals
Creative funding options
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How to find investor partners for buying properties
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Advantages for having properties (has cash to spend)
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Where to find funding or investment properties and rehab expenses
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Hard money lenders
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Credit scores may not matter as much (bad credit okay)
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Private money lenders (friends, people with cash on hand)
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Owner refinancing
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"Subject to" financing
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Pay contractor on a schedule
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Why you want to watch your interest rates
Personal challenges
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Managing your cash flow is the hardest part
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There are a lot of moving parts to manage
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Not servicing any clients - "I am the client"