Apr 7, 2020
There are many strategies to invest in real estate and finding the path that fits your interests and financial situation. Along with Chris Prefontaine and Nick Prefontaine, Zach Beach co-authored The New Rules of Real Estate Investing, which covers the successful strategies of 24 leading experts. Out of all of the strategies, Zach prefers buying on “terms.” Buying on terms, means you negotiate the terms of the purchase and use little to no money for your down payment. This could mean using a lease option, seller-financing or land contract to get a deal under control.
Each strategy has its advantages and limitations, so knowing which strategy to use for a given situation is key. We discuss various strategies and the mindset necessary to be a successful investor. In addition to his preferred “term” strategies, we discuss how Zach likes to structure his deals and his day to maximize efficiency. He also shares how he approaches each deal to find the best strategy to help a property owner.
Partner: Exclusive offer to join the Capital Impact Club for Multifamily Investors
Partner: Download a Free Sample Apartment Deal Package
Bullseye Tips:
Apparent Failure:
All of our failures set us up for success if we do it right.
Digital/Mobile Resource:
Evernote
Slack
Most Recommended Book:
The Surrender Experiment
Daily Habit:
Every Sunday plans out every week
Wish I Knew When I Was Starting Out:
It’s harder than you think it is.
Advice for Smart, Driven College Student:
It is what you make it. IF you want something, go out and create it.
Current Curiosity:
Health
Building Businesses
Best Place to Grab a Bite in Newport, Rhode Island:
Midtown Oyster Bar
Resources:
Free Book: The New Rules of Real Estate Investing.
Contact Zach:
Email: Zach@smartrealestatecoach.com
Website: Smart Real Estate Coach Website
Education: Smart Real Estate Coach Academy