Trying to do your first deal can be a scary thing because you have no idea if you're doing it right. Did I do enough due diligence? Am I looking at the right numbers? That's already one too many questions. Fortunately, Christina is here to answer them all for us! She’s been there herself and made it all work. Today she is teaching and coaching others how to do the same.
Education and networking. She stresses about being extra thorough and asking tons of questions. By doing that, you are making sure that you don’t lose any money on the first deal. There is a reason they tell you that experience is the best teacher, mistakes can be very enlightening but also expensive. Fortunately, we can all teach ourselves online now.
The whole point is to network and learn. Even Christina's bad deal story was inspirational. It’s a testament that you don’t need to experience all that to get into your first deal. So many experts have already paved the way. All we gotta do is to watch and learn!
In this episode, we explore:
01:26 – Do you know your neighborhood
02:01 – Not all real estate agents are investors
02:52 – Being an educated buyer & learning from Youtube
04:42 – Comp or walk 100 properties
06:35 – Networking and education, that’s all it is
07:17 – Eight meetings a month for six Months
07:43 – Watch two videos per week (FIPI Pasadena)
08:13 – Business cards and people you want work with
09:30 – Create your knowledge base, diversify topics
12:28 – Breaking down deals: Asset and Team
13:16 – The market defines itself
14:16 – Christina’s checklists and sheets
14:37 – Research and background checks
16:43 – Due diligence and getting to know partners
17:58 – After the work, what do I do?
18:22 – The investor profile: YOU
23:17 – A deal gone wrong for Christina
27:58 – Reputation is huge
Connecting with the Guest:
Website: https://christinasuter.com/
Phone: (310) 463-5942
#firstproperty
#realestate
#networking
