WEEK THREE: Words Of Wisdom

Words Of Wisdom


Action Steps


For every commonly known strategy there are pros and cons. There can be reasons for using most of these strategies in some form or fashion but just know... EVERYONE OF THEM RISK YOUR MONEY AND CREDIT AND YOU CAN NEVER KNOW WHAT YOUR PROFITS WILL BE UNTIL YOU EXIT THE DEAL.

This is far too risky for me. There is no way to run a dependable and PREDICTABLE business his way. 

Adding to this, some strategies are unethical and in some cases, structured illegally and you need to know that before you begin.

Finally, you are going to need to purchase an amortization calculator. Here is where you can get it: 
https://www.agsearch.com/lebanon-ag-service 
519-291-6802

They are a small privately owned business and the best place in Canada to get one of these calculators. They are old-school and deal in CASH ONLY... And NO I DO NOT GET A REFERRAL PAYMENT by advertising them.

You must pay by sending a money order after you CALL THEM AND ORDER IT

Be sure to get either the Canadian Qualifier Plus IIIx model #3420 
or 
Canadian Qualifier Plus 4x model #3423. 

Lesson Notes


It is important for you to understand why you would choose or not choose a strategy for real estate investing. 

As you go through this week's lesson, make a list of each strategy I discuss and under that strategy write the pros and cons for each party involved... including you.

This exercise not only helps you to see why I decided to create the FFSHing Formula in the first place but it will help you in the later weeks when we learn how to sell the concept to a seller and a buyer. Knowing the benefits compared to "traditional" real estate strategies will aid you when dealing with potential clients.

Course Progress


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