Investors

Preferred Investor Group – interest list forming!

Drew Burks, founder of Dream Design Realty launches a new investment program to help the average person achieve financial freedom by owning real estate.  This is not a get rick quick scheme!  Like any good plan, it requires ample time to complete a thorough plan of your desired goals and evaluation of the best way to accomplish your goals.

Our Mission is simple: “We are helping people design their dreams; creating a lifestyle of wealth & freedom” 

Drew Burks & Dream Design Realty will take action on your behalf to identify properties that meet your goals.  When presenting you with a property, Dream Design will also give you what we believe the optimal plan will be for acquiring this property.

Two other great benefits of being a member of our Preferred Investor Group are:

1.  You will have access to many like minded individuals who wish to partner with you!

2.  You will have access to a qualified & motivated group of property buyers when selling your properties!

For more information on our Preferred Investor Group, contact us today.  Be sure to ask us about establishing your “Strategic Acquistion Plan”

Investment Rules

If I had a penny for everytime I have heard a client say, “I am looking for a good deal”.  Really, no kidding!  Who isn’t.  But what does this even mean? 

Unfortunately I spent my first few years in real estate chasing clients and presenting them with “good deals” only to hear them say that they didn’t like the deal for whatever reason.  As you can imagine I spent a great deal of time working for individuals that were either unqualified or unmovtivated to take action. 

My first instinct is to feel that I wasted a lot of time with these people.  However, when I really think about it I believe these prospects have given me the valuable experience required to either help them move past their fears and take action quickly or to know very early on that they are someone who is never going to take action….thus not wasting any of my time, or theirs!

One strategy I have implemented with all “investor” clients is to require that they create a set of rules for their investment properties.  These rules address the key factors like: purchase price vs. appraised value, monthly cash flow, ROI, appreciation, area growth, etc…  The key being that once you have set your rules, you can never go back on them.  Remember Successful people make QUICK DECISIONS and take a LONG TIME to change their mind.

None of us have any time to waste, we all have a limited amount of time to create and live the life we deserve.  Be EXTRAORDINARY! 

If you are looking to build a real estate portfolio or to maximize the one you have call me anytime.

Cash Flow vs’ Fix/Flip

Flipping is no doubt a great opportunity to make large amounts of money quickly, especially in warm to hot markets.  With the sudden influx of TV shows about flipping, it seems that everyone I meet is now an “investor” looking to flip a house.  The problem with this is that most are not seasoned investors, know very little about the real estate market and even less about the process of flipping a house for profit.  Like most paths to success, flipping property has many pitfalls that can easily kill your budget and make a good flip go very bad; however, these pitfalls can easily be avoided if you have an experienced team helping you. 

A better option is to buy income property for the long term.  Don’t get me wrong, this path to success also have quite a few pitfalls for the inexperienced.  Before you invest your hard earned money in the world of real estate you may want to take the below points into consideration.  

• When flipping a home you are at the mercy of the market when it comes time to sell & often times your budget runs out before you get it sold.
• Income property affords you the luxury of selling in a hot market for much more profit
• Flipping homes usually require upfront capital to cover remodeling costs & carry costs
• Buying income property may require no remodel expenses
• Flipping homes is a steady stream of expenses until the property is sold
• Income property provides instant “monthly” cash flow
• Fixers are a liability
• Income properties are assets
• Fixers are very high risk
• Income property is a very low to moderate risk
• Fixers offer no long term security
• Income property can provide long term security / retirement insurance

If you are looking to increase your positive cash flow with real estate and would like a list of hot markets and a FREE strategic Acquisition Plan contact me directly at 619-459-2391.

For those who prefer the short term path of flipping homes contact me if you don’t have an experienced team in place and I will be happy share our proven system for flipping homes successfully.

Design Your Life & Live Your Dream!