questions you should be asking yourself

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Before starting to invest make sure you ask yourself the right questions. ------- By Dani Beit-Or www.simplydoit.net www.coonectrei.com

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Page 1: Questions You Should be Asking Yourself

QuestionsYou Should Be Asking Yourself

(before investing)

Dani Beit-Or

Simply Do it Network

Page 2: Questions You Should be Asking Yourself

DISCLAIMER and HOLD HARMLESS

The information in this presentation and the programs they present are for general informational purposes only. They do

not provide legal, business, financial or personal advice related to individual situations and should not be relied on as such.

The educators and presenters of the information and others involved have taken reasonable precautions in the preparation

of the information and believe that what is presented is accurate as of the date it is written and presented. However, they

do not guarantee or warrant that it is accurate, complete, up-to-date or will produce certain financial results. Further, they

assume no responsibility for any errors or omissions and disclaim any liability resulting from the use or application of this

information. All of it is general in nature and may not apply to particular factual or legal circumstances. Laws and

procedures, particularly those relating to real estate, change from country to country, state to state and county to county,

and are subject to differing interpretations. The information is not intended to substitute for obtaining legal advice from

competent, independent legal counsel in the relevant jurisdiction. If you want legal advice, please consult a lawyer. The

presentations are not intended to create and your use of the information presented does not constitute a business or lawyer-

client relationship between you and the presenter, the authors of the information and others involved with the information.

This information is not a substitute for sound business and legal judgment, and you should not act upon any of it without

first confirming that it is appropriate for your situation.

Page 3: Questions You Should be Asking Yourself

QuestionsYou Should Be Asking Yourself

• How much funds do you have?

• What’s the source of the funds?

• Do you have a rainy-day fund?

• How free/busy are you?

• Do you want to be actively or passively involved?

• Can you get a loan?

• What are you trying to accomplish?

. . .

Page 4: Questions You Should be Asking Yourself

QuestionsYou Should Be Asking Yourself

. . .• What are your concerns:

– Vacancy, mortgage, will it go up or down, will it rent,

can I trust the property manager,

• Can I analyze a deal?

• Do I understand the risks that are involved?

• Do you have an exit strategy/ies?

• Am I a doer – will be able to pull the trigger when the time

is right?

• Know you investment criteria

Page 5: Questions You Should be Asking Yourself

Investment Criteria My Investment Criteria

Bedrooms 3

Bathrooms 2

Sq. Ft. 1300

Year 1981

Price $125,000

Rent $1,250

Ratio 1.0%

ROI 9.50%

Page 6: Questions You Should be Asking Yourself

Timing

• Prices

• Rate

• Rental markets

• Inventory

Page 7: Questions You Should be Asking Yourself

Mindset

• Be Proactive

• Pull the trigger

• Set a date to buy a property

• Avoid analysis paralysis

• Start making mistakes or better yet use

others who have already made

mistakes

Page 8: Questions You Should be Asking Yourself
Page 10: Questions You Should be Asking Yourself

CONTACT INFO

Dani Beit-Or

[email protected]

@simplydoit

www.simplydoit.net

Investment properties: www.connectrei.com

Educational videos: www.connectrei.com/video

Page 11: Questions You Should be Asking Yourself

Dallas

Atlanta

Orlando

Simply Do It Network