Forge Five: Short, Smart, Simple

Hi All!

It’s safe to assume that you signed up for this newsletter because you want to change your life and kickstart your journey investing in CRE, right?

And if you’re just starting out and looking to learn the next steps you need to take to actually get started, it can seem very overwhelming, especially with all of the great information out there.

If you are ready to take next steps and want to learn about opportunities, get on my calendar so we can talk. HERE

Get ready to dive into the next 5 newsletters, where we'll unveil the 5 mind-blowing levels of success in real estate that you've never even imagined! This series is your golden ticket to discovering the incredible opportunities waiting for you and your loved ones. If you missed this on LinkedIn, I'm thrilled to emphasize it here because it's truly that eye-opening!

PART 1:

Are you a "one-man band?"

There are 5-levels of success in real estate you’ve never heard about.

Make sure to read each newsletter I send out as I describe each level and its pros and cons.
 
These are the levels of active, real estate entrepreneurs trying to create massive wealth in a way that’s nearly impossible in any other industry.

Level 1: “The one man/woman band”
- DIY single-family or small commercial
- Think wholesaling, BRRR, flipping, AirBnB, etc.
- Flippers can make -$100k (that's losses) a year up to $2M a year for the elite, best of the best

This is where 99.9% of real estate investors start and, unfortunately, fail.  Some stick to it, find the right coaches, and succeed.

They read Rich Dad Poor Dad (like I did) or get a Real Estate Agent’s license.

Then like me, they go flip a house and make a few bucks, get hooked, and then keep going but never really making it big.

Pros:
• Easy place to start and learn the hard lessons before you ever go to Level 2 and take investor capital.
• "How-to" books and videos abound
• Want a mentor?  Throw a rock in any direction and you'll find one.
• You can start really slow and make good money if you hustle.

Cons:
- 87% fail rate, according to NAR
- it’s really hard to scale.
- Debt is most difficult here (contrary to popular belief)
- Becoming rich can take decades
- You can become a millionaire, but very few make it past 7 figures.
- You’re only working with your own money, so cash flow is a significant issue.
- If you make a single mistake, it could bankrupt you.
- It’s the absolute riskiest place in real estate, but touted as the best.

Most “gurus” live in this space.

Gurus peddle the mantra that you can become rich through single-family homes, and you can.

It’s just really, really hard.

I played this small game for 12 years and never made it.

Most “gurus” have learned that they make more money coaching or selling products than owning and operating themselves.

🤫 that’s a secret I wasn’t supposed to share.

Next week I’ll talk about Level 2.

Most RE investors and operators don’t know about this level.

And when they hear about it, they think it’s a scam…if you think that's a scam, wait till you hear about level 3!

And it is WAY more powerful than being a “one man or woman band.”

Think I’m right or wrong? Let me know at either my Facebook or LinkedIn.

If you are ready to take next steps and want to learn about opportunities, get on my calendar so we can talk. HERE

To your success,
Ryan

NOTE: This 5-part series is from Sam Sells of SyndicationLaunch.com.