The Three Areas of Focus for the Millionaire Real Estate Investor

Focus is key to great success, more than effort, experience or even natural ability. Look at the highest achievers in any field and you’ll discover that they have powerful focus; just as important, you’ll learn that they focus on the right things: the handful of truly important issues that make the biggest difference. The three simple but incredibly dynamic forces at the heart of real estate investing:

Criteria: What You Buy

Criteria describe what you buy. They’re the standards that define what kind of property you’re looking for. In practice Criteria narrow an investor’s choices to the properties that represent the greatest opportunity and the least risk. When the property matches your Criteria, what you get in return is something with predictable value. Think of Criteria as an “opportunity filter” that keeps out the bad and lets in the good. Criteria are ultimately about identifying predictable value, and that is why they are the first area of focus for the Millionaire Real Estate Investor.

Terms: How You Buy it

If Criteria define an opportunity, Terms define how you turn it into a deal. Once a property meets your Criteria, Terms determine its value to you both now and for the future. Terms are the negotiable aspects of a purchase, and they include everything from the offer price, down payment, and interest rate to conveyances, occupancy, and closing costs. Terms are where a great deal can be created from even the most modest Criteria.

Network: Who Helps You

The last member of the Dynamic Trio is Network. DANKIM & ASSOCIATES INC is your Network that helps you in your investing. We provide the necessary relationships, send you opportunities, mentorship, help buy and maintain your properties and provide services that enable you to do more while spending less time and effort. As business professionals, we call this leverage: the fact that you can accomplish more with qualified help than you can accomplish alone.