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📌 Welcome to The Real Estate Group
Hey everyone 👋 If you’re here, it’s because you want to invest in real estate but you keep hitting the same wall: how do I actually close a deal? The Real Estate Group exists to solve that problem. Over the next 60 days, you’ll follow a clear, daily roadmap that takes you from: - Not knowing where to start → Funding Ready - Searching without results → Under Contract - Dreaming about real estate → At the Closing Table 🚀 What to Expect - Daily Action Plan – Each day you’ll have 2–3 specific tasks. If you follow them, you’ll close on a single-family rental, flip, or BRRRR within 60 days. - Proven Tools – Checklists, calculators, scripts, and contract templates are already built. - Support – Ask questions, share wins, and lean on the community for momentum. ✅ Your First Steps (Today) 1. Go to Day 1 of the Roadmap → read FAQ’s for New Investors. 2. Write down your top 3 goals for why you want to do your first deal. 3. Post your goals in the Wins section so we can celebrate with you when you hit them. 🔑 Remember - You don’t need to start with money in your pocket. - You don’t need a big team or prior experience. - You just need to take action every day. If you do, you can be sitting at the closing table in 60 days or less. Let’s make it happen 💪 — Justin
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📌 Start Here: Your 60-Day Roadmap to Closing a Deal
Welcome to The Real Estate Group! 🎉 You joined because you’re ready to do more than just learn about real estate. You’re here to close your first deal — whether it’s a rental, a flip, or a BRRRR. This community gives you a step-by-step daily checklist that leads you to the closing table in 60 days or less. 🚀 How It Works - Every day you’ll have 2–3 specific tasks. - The tasks stack together → get funding ready → go under contract → close. - You don’t need money, a big team, or prior experience. Just follow the plan. ✅ Your Daily Roadmap (Day 1–60) 🎯 Phase 1: Build Your Foundation (Days 1–15) - Write your 10-Second Commercial & Elevator Pitch - Complete your Personal Financial Statement (PFS) - Learn MAO & DSCR formulas - Create your Buy Box (where/what you’ll buy) - Draft your Real Estate Resume - Study how to answer investor “tough questions” - Assemble your Funding Ready Kit (resume, pitch, PFS, Buy Box, FAQs) 🎯 By Day 15: You’re funding ready. Phase 2: Fill Your Pipeline (Days 16–30) - Reach out to agents with Buyer’s Letter & script - Log all contacts in Deal Tracker - Analyze deals with Flip & Rental Calculators - Use Due Diligence & Pre-Rehab checklists on sample properties - Draft your first Capital Pack (photos, comps, rehab scope, numbers) 🎯 By Day 30: You’re making offers and have a packaged deal ready. Phase 3: Secure a Contract (Days 31–45) - Learn the Steps to Close - Practice using Addendums, Terminations, & Sales Contracts - Negotiate price cuts or credits - Package your strongest deal & send to lenders - Revise and resubmit based on feedback 🎯 By Day 45: You’re under contract. Phase 4: Close the Deal (Days 46–60) - Open title, deposit earnest money - Order inspection & appraisal - Get insurance quote - Submit scope & lender docs - Negotiate repairs/credits - Clear lender conditions - Do final walkthrough - Close at the table 🎯 By Day 60: You’ve closed your first deal. 🔑 Keys to Success
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📌 Welcome to the group
Welcome new members! Take a moment to check out the resource and the general discussions pages! Lots of goodies for you there. Excited to hear what you take away!
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💲The Real Purpose of Flips: Fuel for Your Next Move
Flipping gets a bad rap sometimes. People think it’s just about quick money or fancy renovations. But the real purpose of flipping is to generate capital you can reinvest into long-term wealth. Think about it: - A solid flip might put $25,000–$40,000 in your pocket. - That cash can fund down payments for 2–3 rental properties. - Those rentals then start building passive income. Too many beginners try to live off flips. They spend the profits instead of stacking them. Flips should be your cash engine — not your end game. Smart Investor Playbook: 1. Flip 1–2 houses to build capital. 2. Use profits as down payments on rentals. 3. Once rentals stabilize, move into BRRRR to scale faster. 👉 Takeaway: Treat flips as your ATM to fund bigger, long-term moves. Cash now, wealth later.
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📘 Daily Lesson: The Hidden Killer in Real Estate Deals — Underestimating Rehab
One of the fastest ways new investors lose money is by underestimating rehab costs. On paper, deals look incredible: low purchase price, solid ARV, strong margins. But when the dust settles, the profits vanish — not because the market shifted, but because the rehab budget was fantasy. Here’s why this happens: - Beginners assume “cosmetic” updates will be enough. They forget roofs, HVAC systems, plumbing, or electrical work can eat tens of thousands. - They trust one contractor’s verbal estimate without getting it in writing. - They skip adding a contingency buffer, leaving no room for surprises. Flips: If you underestimate rehab by $15,000, that’s not just $15,000 gone — it’s $15,000 straight out of your profit margin. A $25,000 projected gain quickly shrinks to $10,000. Rentals: Skipping needed repairs to “save money” leads to higher maintenance costs later. Tenants won’t stay in properties with constant problems, and turnover destroys cash flow. BRRRR: Rehab is even more critical here. The refinance depends on the ARV. If your upgrades don’t actually raise value, the bank won’t appraise high enough for you to pull your money back out. How to Fix It: Walk properties with contractors. Don’t guess — get line-item bids. Always add 10–15% buffer. Something always goes wrong. Budget for it. Distinguish between must-do repairs and nice-to-have upgrades. Focus on what increases value. Use a written scope of work. No vague agreements. Details protect you. 👉 Takeaway: Rehab isn’t just a line item — it’s the lever that makes or breaks your deal. Get it wrong, and you’ll kill your profit. Get it right, and you’ll create the value that powers flips, rentals, and BRRRR.
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