Generate Wealth by Buying and HOLDing Real Estate

1. Generate Wealth by Buying and HOLDing Real Estate Presenters: Jim and Linda McKissack

2. Please complete an evaluation formfound in the back of your program guide. Generate Wealth by Buying and HOLDing Real Estate

3. Presenters: Jim and Linda McKissack Jim: Operating Principal, Broker, KW Commercial Agent, Real Estate Investor, Author Linda: Operating Principal, Master Faculty, Real Estate Investor, Author Location: Denton, TX Generate Wealth by Buying and HOLDing Real Estate

5. Take HOLD of Your Future Generate Wealth by Buying and HOLDing Real Estate

6. Best way to take HOLD of your future? By wealth-building now! Generate Wealth by Buying and HOLDing Real Estate

7. Methods of Building Wealth Low rate of return/risk High rate of return/risk High rate of return For KW Associates • Stock market • Owning a business • Real estate and a fourth … • Profit Share Generate Wealth by Buying and HOLDing Real Estate

8. Reasons for Building Wealth • College • Retirement • Financial independence • Travel • Philanthropy What’s your reason? Generate Wealth by Buying and HOLDing Real Estate

9. HOLD – The Ultimate Wealth-Building Strategy! Generate Wealth by Buying and HOLDing Real Estate

10. HOLD Strategy: Power of Leverage • Cash flow • Leverage money in your pocket to invest. • Pay down • Leverage other people (tenants) to pay down debt and build equity. • Appreciation • Leverage time to build equity. Learn the magic of leverage. Generate Wealth by Buying and HOLDing Real Estate

11. The Power of Leverage: Cash Flow Growth Cash flow is king. Generate Wealth by Buying and HOLDing Real Estate

12. The Power of Leverage: Equity Buildup Generate Wealth by Buying and HOLDing Real Estate

13. Leverage a Great Team Generate Wealth by Buying and HOLDing Real Estate

14. Five Key Elements of HOLD • Find • Analyze • Buy • Manage • Grow “HOLD is a long-term real estate investment strategy to which every real estate investor should aspire.” - HOLD Be an investor, not a speculator. Generate Wealth by Buying and HOLDing Real Estate

15. 1. FIND Generate Wealth by Buying and HOLDing Real Estate

16. 1. Find Steps • Create your personal investment criteria. • Create your property criteria. • Lead Generate for properties. Outcome: Alist of qualified investment properties from which to choose Generate Wealth by Buying and HOLDing Real Estate

17. 1. Find (continued) Create Your Personal Investment Criteria • Location • Property type • Economics • Condition • Features and amenities Generate Wealth by Buying and HOLDing Real Estate

18. Free downloads from HOLD athttp://www.kellerink.com/products/hold Generate Wealth by Buying and HOLDing Real Estate

19. 1. Find (continued) • Create Your Property Criteria • Define your mission and vision. • Determine your time frame, rate of return, and risk tolerance. … and stick to it! Generate Wealth by Buying and HOLDing Real Estate

20. 1. Find (continued) • Lead Generate for Properties • Network for leads. • Prospect for leads. • Listings • Vacancies • FSBOs • Pre-foreclosures or foreclosures • Market for leads. Generate Wealth by Buying and HOLDing Real Estate

21. 2. ANALYZE Generate Wealth by Buying and HOLDing Real Estate

22. 2. Analyze Steps • Understand the numbers. • Calculate the expenses. • Analyze the property. Outcome: an investment property that meets your financial criteria It isn’t personal, and the numbers matter most. Generate Wealth by Buying and HOLDing Real Estate

23. 2. Analyze (continued) • Build a Property Analysis Worksheet. Free downloads from HOLD athttp://www.kellerink.com/products/hold Generate Wealth by Buying and HOLDing Real Estate

24. 2. Analyze (continued) • Collect comps. Free downloads from HOLD athttp://www.kellerink.com/products/hold Generate Wealth by Buying and HOLDing Real Estate

25. McKissacks’ HOLD Property Analysis Generate Wealth by Buying and HOLDing Real Estate

26. McKissacks’ HOLD Property Analysis

27. 3. BUY Generate Wealth by Buying and HOLDing Real Estate

28. 3. Buy Steps • Arrange financing. • Write and present the offer. • Close the purchase. Outcome: Aprofitable property to add to your portfolio Generate Wealth by Buying and HOLDing Real Estate

29. 3. Buy (continued) Know your financing options. • Conventional loans • Private lending • Partnerships • Creative financing • Other … Generate Wealth by Buying and HOLDing Real Estate

30. 4. MANAGE Generate Wealth by Buying and HOLDing Real Estate

31. 4. Manage Steps • Find good tenants. • Increase value. • Run it like a business. Outcome: Asustainable investment property for your HOLD portfolio Generate Wealth by Buying and HOLDing Real Estate

32. 4. Manage (continued) Find good tenants. • Set the rent. • Promote the property. • Show and lease the property. Generate Wealth by Buying and HOLDing Real Estate

33. Free downloads from HOLD athttp://www.kellerink.com/products/hold Generate Wealth by Buying and HOLDing Real Estate

34. Free downloads from HOLD athttp://www.kellerink.com/products/hold Generate Wealth by Buying and HOLDing Real Estate

35. 4. Manage (continued) Run it like a business. • Manage records. • Maximize tax deductions. • Minimize risk and liability. Generate Wealth by Buying and HOLDing Real Estate

36. 5. GROW Generate Wealth by Buying and HOLDing Real Estate

37. 5. Grow Steps • Manage to your goal. • Follow models to grow. Outcome: An investment portfolio that funds the life you want to live Generate Wealth by Buying and HOLDing Real Estate

38. 5. Grow (continued) Follow models. • Grow your portfolio. • Leverage current properties. Generate Wealth by Buying and HOLDing Real Estate

39. Leverage Current Properties – Steve Chader • Paid $49,900 • $4,000 down payment • Assumed ARM • Held 14 years • Sold $56,000 • Net equity $36,000 • Exchanged 1031 • Saved $12,000 in tax Generate Wealth by Buying and HOLDing Real Estate

40. $56,000 $246,000 Leverage and Grow Generate Wealth by Buying and HOLDing Real Estate

41. Strategies for Success Generate Wealth by Buying and HOLDing Real Estate

42. Seven Rules of HOLD Real Estate Investing • Be an investor, not a speculator. • Cash flow is king. • It isn’t personal, and the numbers matter most. • Learn the magic of leverage. • Cultivate relationships. • Keep learning. • Give to others. Generate Wealth by Buying and HOLDing Real Estate

43. Resources Generate Wealth by Buying and HOLDing Real Estate

44. Resources • Wealth Building Resources • HOLD: How to Find, Buy, and Rent Houses for Wealth • Financial calculators • Millionaire Real Estate Investor • Real Estate Investor Workshop Generate Wealth by Buying and HOLDing Real Estate

45. Connect with Linda and Jim • Facebook: www.facebook.com/lindamckissack2 • Twitter: • www.twitter.com/linda_mckissack(@linda_mckissack) • www.twitter.com/jim_mckissack (@jim_mckissack) • Website: www.jimmyandlinda.com • Email: • mckissack@kw.com- Linda • jmckissack@kw.com- Jim Generate Wealth by Buying and HOLDing Real Estate

47. Thank You! Please complete an evaluation form found in the back of your program guide. To download a free copy of this presentation, GO TO: www.familyreunion.kw.com/downloads