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Our tips, techniques and experience can really help you revamp your real estate journey

Your Wholesaling Journey

In real estate investing, knowing how to wholesale is a strategy that will ALWAYS be useful. Wholesaling helps you monetize every possible lead that you come across in your business as an investor. Wholesaling is also a great way to get started in real estate. You learn everything about where in the market cycle you are by seeing what strategies are working. It helps you understand many different types of strategies which will help you in selecting which route you would like to take for your business. You can test out marketing strategies to see which leads are generated.
It’s a way of generating quick cash, typically once you’ve have received a motivated lead you can receive a check in as early as 7 days! But, by far the biggest benefit we have seen in wholesaling is the ability to build a strong and dependable network. In all aspects of real estate your network is very crucial and through wholesaling, you’re able to meet a lot of different investors and vendors (Title companies, attorney, property managers, etc.) on a weekly basis. This will help you as you grow your business and influence, so you have people you can count on. Learn everything to get you started in wholesaling now.
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YOUR FLIPPING JOURNEY

Ever since all the HGTV shows have come out on “FLIP THIS HOUSE” everyone has seen flipping as something very fun and extremely lucrative. The biggest issue with these shows is that they are just that SHOWS. Most of the stuff they put on there isn’t entirely accurate and they leave a ton of information out. Flipping is one of the most advanced and expensive strategies in the real estate space. While it does generate great returns, they do come with higher risks. So, what does it truly take to flip a house successfully?
Well, it helps to know the risks involved. Like making sure you buy the house correctly. It all starts with where you find the best deals. This means understanding how to run your numbers before you buy. Also, having a very good understanding that there is no such thing as an “investor friendly” contractor. Hiring the right contractor WILL be the difference between making money and losing money. Understanding the market, you’re selling in, is there a lot of inventory (houses for sale) or not. Calculating time, and money. Then, possibly start flipping multiple houses at the same time. Let’s dig in deeper on how you can accomplish this and more.
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YOUR LANDLORD JOURNEY

Owning rentals has been the preferred choice for cash flow. Rentals are a lot more passive of an investment than the other real estate strategies but not entirely. While a lot of people have the understanding that once you get it rented you’re done, we’re here to tell you that there’s a little more to it than that. Owning positive cash flowing rental properties is not only a great way to build wealth but also a great way to protect and preserve it. What we want to share with you is how not only we buy rentals but how it is that all our investors have been able to start from not owning any rentals to owning over 6 rentals their FIRST YEAR!
Passive cash MUST be one of your goals in your investment life. This allows for you to eventually retire knowing that you’re going to have a check in the mail every month regardless of how much work you do. When you buy a rental, you need to fully understand the conditions of the property as it currently sits to prevent any future unexpected expenses. What we mean by this is, many investors buy a property because they see the numbers and it makes sense but, a year or two down the line the AC goes out or the roof starts leaking and now you need to spend $5,000+ to fix it. With a monthly cash flow that you’re probably generating of $250/mo, this means it will take you roughly 20 months just to be back at even. This is of course if you haven’t suffered any vacancies in the process. So, let’s make sure that every rental you buy becomes the best investment for you.
COMING SOON

YOUR LENDING JOURNEY

Lending money to investors or “Private Money Lending” as we call it is also a passive and great way to put your money to work. While many do consider this to be a very low-risk strategy, it does depend heavily on how you lend and who you lend too. Usually, when you lend money, you do so in a property that is being purchased for a flip (resale at a higher price). There are many ways you can lend money, you can lend for the purchase of the property, for the rehab of the property, or both. When lending you must verify who it is that you’re lending too.
When the real estate market is hot like it has been for the past couple of years it’s very easy to “Fear Of Missing Out” and because of this you decide to lend to anyone who shows a little more knowledge of real estate that you have. This is one of the biggest mistakes we see. Along with not having the property contracts and without having done your own analysis on the property. No one will care more about your hard-earned money than you, so protect it. We will go over how to find the right deals to lend on, the right people to lend too, and the best ways to protect yourself and money to make sure you become very successful.
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WHEN SELLING YOUR HOME

Many homeowners believe that all they need when it comes time to sell their home is to hire a realtor and that’s it. While for some instances and some types of properties that sell themselves this would be enough, it is not the case for most homeowners. Some of the common mistakes homeowners make is that they hire their buddy the “real estate agent”. We have seen this go wrong so many times because of two main reasons.
One, the agent is very inexperienced and does not know how to properly sell a home. This becomes an issue when the agent representing the buyers are also, inexperienced and the deal falls through because the buyer gets scared off. Reason two is that the “agent friend” doesn’t typically operate in that neighborhood or area of town. This matters a lot because if you live in a relatively big city different areas of town attract different types of buyer thus the house needs to be marketed accordingly. We will cover in here how to get your house ready for sale and how to research and hire the right realtor. We will also cover to benefits and problems with trying to sell a house on your own.
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INVESTOR'S DIGEST

September 18, 2019
How To Combine a Sub-To With The BRRRR Strategy - AIJ033
PRYME Homes
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In this episode 33 of An Investors Journey Podcast, we go do a How-To Combine a Sub-To With The BRRRR Strategy! We recently had a chance to purchase a house with terms (Sub-to) and refinance it to keep it as a rental. We were looking to pick it up Sub-to and get a 2nd loan […]

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September 13, 2019
Case Study of our 22 Month Nightmare - 781 Montana
PRYME Homes
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In this episode of An Investors Journey Podcast, we go do a Case Study of our 22 Month Nightmare - 781 Montana! In this episode we'll cover: How we found it Why we did it How we found our first contractor The nightmare they were How we found our second contractor The stress of this […]

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September 4, 2019
San Antonio Real Estate Market Trends August '19
PRYME Homes
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San Antonio Real Estate Market Trends August '19 If you know where your market has been and where it is now, it makes it easier to get ahead of your competition. We do these market updates internally to help us understand where to target next. What you will learn: • Average Sale Price • Median […]

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August 28, 2019
How To Wholesale A Contract - AIJ032
PRYME Homes
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In episode 32 of An Investors Journey, we go over the How To Wholesale A Contract! Since our start in real estate, we have wholesaled over a hundred properties. In doing so we have learned a lot about what to do as well as what NOT to do. I'll cover in this episode how to […]

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August 21, 2019
Contracts We Use To Buy Real Estate - AIJ031
PRYME Homes
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In episode 31 of An Investors Journey, we go over the Contracts We Use To Buy Real Estate! We speak to many new investors and wholesalers that don't know which contracts they should bring to get a deal under contract. You should always have at least 2 sets of all contracts at any given time […]

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August 8, 2019
Listeners Questions: Marketing, LLCs, Offers, Repair Estimates
PRYME Homes
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In this episode of An Investors Journey, we go over Listeners Questions: Marketing, LLCs, Offers, Repair Estimates! Q1- 1:16 - I’ve been doing D4$ and Cold Calling for a while but I’m still not getting anywhere. What else can I do? Q2- 10:55 - Do I need an LLC to get started? Q3- 15:17 - […]

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