Dave Lindahl

Real estate investors are always looking for the next great deal and inefficiencies in the market worth exploiting. Except what happens when every avenue seems to have every other investor’s attention? The reality is you need to do something different. Different ideas lead to different actions which leads to even more different – in this case greater – wealth.

The different action you seek? Ultimate Partnering 8. David Lindahl, President of RE Mentor has bought and sold over 8,000 units on his way to changing his family’s lives. He created RE Mentor and Ultimate Partnering 8 as a way to bridge the gap between ambition and results. Everyone wants to be successful in real estate, and at Ultimate Partnering 8, David provides the tool box.

So what’s in the Ultimate Partnering 8 tool box? These 9 critical instruments for success:

Networking – Ultimate Partnering 8 is where people who are looking to make deals are! These are professionals in the industry just like you. They are ambitious and eager to build their dreams. What’s more important for you – they open up different areas you may not be familiar with. If you consistently do deals on the South Shore, but hardly ever venture to the North Shore, then this is the perfect event to expand your brand.

Bird Dogs – Ultimate Partnering 8 is not just where you meet people to make future deals, but deals to be made TODAY! These bird dogs are constantly on the hunt for the best deals and have a thick portfolio ready to go. Learn their techniques through networking and Ultimate Partnering 8 could be profitable for you before noon on the first day!

Speed Networking – At Ultimate Partnering 8, it isn’t just networking for the sake of networking – anyone with a LinkedIn profile can do that. Instead, the Speed Networking on the first day allows you to identify the people you need to speak with instead of trial and error. The reality is large events like Ultimate Partnering 8 are great opportunities to expand your reach, speed networking allows you to close inefficiencies in your business by identifying the individuals who can help right away.

Best Practices – The session on best practices is a must for all professionals. We all have dreams of accumulating wealth but not necessarily the best techniques. During the best practices session, you will learn how to get the most out of your business from those who have done it. This isn’t just theoretical presentation, but practical application of the right ideas and processes for you to make the most of your abilities.

Get Ahead – At Ultimate Partnering 8, you will learn about what’s next, not what’s now. Being current in real estate is important, but what’s more important is knowing about the emerging trends six months or one year from now. This is where the money is made – being ahead of where everyone else is. So while your competitors keep doing the same thing, thanks to Ultimate Partnering 8 you’ll be ahead of them and when the heard arrives you can greet them by saying, “What took you so long?”

Systems – Everyone always talks about what great systems they have and how systems are important to their success. Except what does that really mean? Ultimate Partnering 8 is not about theoretical, it’s about practical. You will leave the event with systems in place allowing you to run your business with great efficiency thanks to the tried and true applications of effective systems that will be presented. No longer will you be plagued with trial and error – instead everything will have a place and a purpose!

Blindspots – Investors make funding mistakes with their deals more often than they would like. The problem is often not something they have done, but something they did not see. Imagine if instead of hindsight, you had foresight? That’s what Ultimate Partnering 8 is all about – giving you the foresight needed so that you NEVER AGAIN leave money on the table. You’ll learn everything there is to know about how to maximize the right amount of investment on deals.

A New Car – The earlier you sign up the greater your chances are of winning a brand new BMW! We all know about the image of BMW, but imagine showing up to meetings to make deals in a car that is supremely associated with high performance and success. The best part – your admission fee is a drop in the bucket compared to the out the door cost of the car. So not only can you walk away with valuable knowledge for building your business, but a car that symbolizes your hard work as well!

A Good Time – Our Ultimate Partnering events are built for your success! Besides providing you with a staff invested in you and like-minded people who do the same work as you, there is the city of Boston as well. How great is it to spend a few days in Boston with people that do the same thing you do? At the end of it you walk away with great memories and the tools needed to transform your life! It doesn’t get any better than that!

The bottom line is real estate investors are not created equal. Investors like yourself are constantly looking to build a life for yourselves and your families that are unparalleled. At Ultimate Partnering 8 you leave with incredible knowledge and great memories (and perhaps a new car).

There is no greater time than now to take control of your investing future. Visit UltimatePartnering8.com right away to register for this amazing event and get your three keys for the BMW while knowing you’re making the best choice to build your business and by extension, a secure life for all those you hold near and dear.

I never really understood why the average “investor” and retirement account holders usually place their trust in something as volatile as the “markets”! Especially when the average return is far lower than the typical multi-family real estate deal and the risk is several times greater.

Case in point, the United Kingdom has voted to exit the European Union, becoming the first nation to leave the economic, political and cultural bloc. The news sent shockwaves through the global economy.

Global markets immediately plummeted in reaction to the referendum results. The British pound nosedived to its lowest valuation in 30 years, as the nation’s stock market — FTSE — reported 8 percent losses within the first few seconds of trading Friday morning.

Economic analysts are predicting the biggest single-day decline since the 2008 financial crisis. Bank of England governor Mark Carney promised 250 billion pounds ($347 billion) to stabilize the economy. Other European markets took heavy hits, and European Central bank pledged to provide liquidity for domestic and foreign currencies to prevent panic.

Elsewhere, Japanese stocks tumbled 8.2 percent to their worst level in five years. The Nikkei briefly halted futures trading for the first time three years. Hong Kong stocks followed suit with a 4.7 percent plunge. Losses are expected for U.S. stocks, with early estimates predicting a five percent drop for S&P 500 and Nasdaq futures.

Join me and 1,000 other top level real estate investors at THE largest gathering of high level investors of the year at Ultimate Partnering 8 this August in Boston and get of the ride and into the driver’s seat because I’ll also be giving away a brand new BMW to one lucky attendee! You have nothing to loose and everything to gain!

There are only three reasons to be in Real Estate, if any one tells you any differently then they don’t understand real estate investing.

The three reasons to be in real estate are Cash Now, Cash Monthly and Cash Later. Let’s take a closer look at each one of them.

1. CASH NOW

Let’s face it, we need money to live and pay the bills. With out this cash we would have to go back and work for “the man”.

If you’re not a full time investor, this is a reason why a lot of people are afraid to quit their job and work for themselves.

Cash now is the money that you get from “Flipping” properties. Whether it be from Wholesaling, Rehabbing, Subject To, Lease Option or Pre-Foreclosures we need the cash from each of these investing models to put food on our tables and clothes on ours (and our children’s) backs.

Cash Now is good. Having rehabbed over 450 properties in just a seven year period, (I use each of the above methods to acquire my properties) I’m used to those big checks coming in. But then I realized that if I didn’t continue to get Cash Now through flipping properties, then I would not have any cash coming in at all.

Which meant I was not as free as I thought I was.

So I changed my strategy.

2. CASH MONTHLY

While those big rehab checks were coming in, I put some of money in my account so that I could live, and then I started to put the rest of the money in Apartment Houses.

Owning smaller Apartment Houses is virtually the same as investing in single family houses. If you’re doing your marketing, you run across Apartment Houses all the time.

If you are like most investors, you probably just ignore them and continue to search for the next single family deal.

Apartment Houses will give you greater Cash Monthly.

In just a short time, you can build yourself a substantial passive monthly income just from your Apartment Houses. That’s how Robert Kyosaki does it in Rich Dad/Poor Dad.

Cash monthly will give you freedom.

Freedoms to do what ever you want when you want. I’m not telling you to stop buying and flipping single family houses, that’s Cash Now. I’m saying to get Cash Monthly (Apartment Houses), use some of your Cash Now (single family flips) and buy yourself some freedom!

Pretty soon you will be building an empire. You’ll have enough Cash Monthly to be able to take a month off in the summer or what ever else your freedom desires! If you were only flipping single family houses and you took a month off in the summer, you wouldn’t have any income coming in.
Do you see how Cash Monthly will give you freedom?

You can get some Cash Monthly from owning single family houses long term but not as much and not as fast as owning smaller apartment houses. And it’s a lot riskier to have all of your money in single family houses.

What happens if you lose your tenant in your single family house? You loose all of your income. You’re going to have to dip into your own savings to pay the mortgage until you get a new tenant. That hurts!

If you loose a tenant in a three family house, you’ve only lost one third of your income. The other two floors will cover your mortgage until you get another tenant.

That’s just one of many reasons that owning small apartment houses is smarter that owning single family houses, but that’s another article all together.

3. CASH LATER

Now that you have Cash Now and Cash Monthly, Cash Later takes care of itself. It comes when you sell, exchange or refinance those apartment houses somewhere in the future.

You see, with apartment houses you have an appreciating asset.

No only is it appreciating every month but your tenants are paying off your mortgage.

So between the appreciation and the mortgage pay down, your equity just gets bigger and bigger!

You can sell your property and get a boat load of cash.

If it’s creating a lot of Cash Monthly, you may want to keep those checks coming in. If so then you will want refinance to get you cash out.

Not 100% of your cash, which will only get you in trouble.

You should take out about 75% of your cash leaving 25% equity in the building, that way if there is a down turn in the market, your protected. Not only that, at 75%, you should still have a decent positive cash flow. Did you know that you do not pay tax on any of the money that you take out during a refinance?

Now take that money and go buy some more apartment houses and get some more Cash Monthly! In doing so, these apartment houses will start appreciating and the tenants will begin to pay down your mortgage for you.

You’ve just increased your net worth because you have increasing equity in one or two more buildings instead of the building that you started with.

Can you see how your empire is being created?

Can you see how it can be created in a short time? Holding single family houses will make you money. Holding apartment houses will make filthy stinking rich! Which do you prefer?

 

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David Lindahl, also known as the “Apartment King” has been successfully investing in single family homes and apartments for the last eighteen years. He is the author of many popular books and courses including Commercial Investing 101 with a Foreword written by Donald Trump and one of the top Multi Family Investing Courses in America “Apartment House Riches”. He can be reached at www.rementor.com