In a buyer's market, the young 'first-time' investors start coming out of the woodwork; This can mean a fantastic opportunity for the savvy agent, but can also spell disaster if you don't know what you're doing! Jon Swire, commercial agent with Re/MAX Commercial out of Los Angeles, specializes in counseling young investors on the opportunities and pitfalls in purchasing investment properties such as the multi-family unit. In this call he details the rules you need to follow in order to make the partnership a success. You'll learn:
- The first thing you need to help your client determine in any deal
- How to understand and explain the financing angle
- How to analyze profit potential
- The most common mistake most young investors make
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