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\\xa0In this episode you will learn

• Tips on how to properly make the switch from a day job into the business.
• What details to evaluate on a property before putting an offer in.
• The benefits of syndication and how you can use it to close deals.
• The possibility of closing on a deal without a sponsor or prior closing experience.
• The benefits of purchasing a value-add property and rehab after purchase.
• Ideas on what to renovate on older or run-down properties.
• Types of exit strategies and ways to manage properties for long-term cashflow.
• The benefits of wholesaling or buying wholesale properties when it makes sense.
• Reasons why you may back out of a deal, especially if the deal doesn\'t make sense.
• RUBS, the Ratio Utility billing system used to charge tenants for utilities.
• Making offers and why making an offer above asking price may be necessary.
• Potential problems and deficiencies you may find in value-add properties.
• The value of calculating cap-x, cost for renovating, before you buy a property.
• The importance of having a team, networking, and where to network.
• The importance of finding your motivation to keep you focused.
• The benefits of having a morning ritual or routine to get you going.
• The importance of writing down goals and magic moments to avoid forgetting.
• The importance of having a good work ethic and valuing hard work.

About our Guest:

Tamar Mar can be reached at:

www.marotagroup.com

Want to build Lifetime Cash Flow from Multifamily Properties?

If you\\u2019re committed to creating the life you deserve, we\'ve created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you\\xa0CRUSH it in this business!\\xa0 - if you\'d like to receive information about our program,\\xa0text CRUSH to 41411 now.

Recommended Resource

• Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link:
  
  http://www.meetme.so/RodKhleif2
  

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