Jumping to real estate while having a mid-senior management job is a scary thought, but not for Jim Parker. Still in his early 40’s, Jim is ready and more than willing to take the leap into space because he wants to have a passive income stream by the time he’s in his late 50’s. He wants to take full control of his own time, where he will work only if he wants to, all the while collecting mailbox money. In investing in real estate, there are 4 things that investors are working on. The first should be Knowledge. We believe that investors should know first how a deal looks like before they can proceed in joining a deal. We also believe that there is an efficient and effective way to jump into real estate, which will let the investors know if this space is really for them. [00:01 - 03:53] Opening Segment I welcome today’s guest, Jim ParkerThe part of real estate is Jim the least interested[03:54 - 08:10] The 4-Step Process to Start in Real EstateWhat’s the Dave Ramsey way? The 4-step process that Jim can followFindFundFixListen to our exchange for the last step! [08:11 - 14:44] The Truth Behind Multifamily InvestingThe ideal number of units to acquire first What every investor should know about multifamily investingThe key part in the 4-step process we discussed[14:45 - 23:18] 4 Things Real Estate Investors Work OnListen to our exchange about buying properties What you should know about the business model of McDonald’sThe 4 things that investors work on Why knowledge should be the starting pointThe most efficient and effective way to jump to real estate[23:19 - 25:15] Closing SegmentFinal wordsTweetable Quotes:“It’s not uncommon to look at 75, 100 deals in a year and you might do two of them.” - Jim Parker“You need to know what a deal looks like so that’s why we start with knowledge.” - Jerome MyersResources Mentioned:Dave RamseyD.R. HortonKB Real EstateBiggerPocketsCraigslistLoopNetLearn more about Myers Methods of Multifamily Investing: http://bit.ly/37u6oK3Register for Myers Methods Multifamily Investing Course: https://bit.ly/37iozkBLearn more about the Mid-Atlantic Multifamily Conference: https://bit.ly/2V7SlCCSupport the showAre you feeling overwhelmed with Multifamily deal analysis? Are you uncertain about the right investment? Christy is an expert underwriter and mentor and wants help you on your journey! Visit her website at www.ChristyKeeton.com to book a discovery call now.

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