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How “Chunking” Can Make You Wealthy in RE Investing by David Lindahl

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How “Chunking” Can Make You Wealthy in RE Investing by David Lindahl Powered By Docstoc
					How “Chunking” Can Make You Wealthy in RE Investing by
David Lindahl




Real estate investing can make you wealthy in short period of time if you implement a well
planned strategy. David Lindahl one of the most popular and successful real estate investor
has given tips on how Chunking can make you wealthy. There few unreal and unproved
David Lindahl Scam were written to hinder his progress, but still he is one of the best in the
business.


   1) Multi-family residential property
Buy Multi-family residential property and hold them for longer term. It helps you to get
quick and profitable income on a regular basis. One can also choose to rent their
properties; renting option creates a reliable passive monthly income and allows your
tenants to help you pay off your mortgages.

   2) Get Down payment




Ask your “chunkers” to give the down payments so that you can buy more multi- family
residential properties. But your minimum profit per deal should be at least $20,000. With
this $20,000, you can look for a multi-family property that is in need of repairs, is
mismanaged, or one where the rents are low so that you can generate considerable built-in
equity.


   3) Become a landlord
You can get some great deals from people who have entered the landlord game without
educating themselves on how to play properly. They tend to burn out fast, and you do them
a great service by taking over their property!

Being a landlord isn’t hard, but you must educate yourself. You can get books and tapes,
join a property owners association, and even attend classes at the Institute of Real Estate
Management, which holds classes throughout the country at different times of the year.
However gathering this imperative knowledge is up to you, but you must attain it no matter
what or you will join the club of many other former burnt out landlords who sold their gold
mine properties to shrewd investors like David Lindhal, who are people who takes time to
continually educate themselves about the changing markets.



   4) Manage your Tenants




The one thing you must learn is how to control your tenants so that your tenants are not
controlling you. This is the primary reason for landlords losing money from their
investments. Property management is a very important factor for realizing your real estate
plans. It is not just about initial investment; it is also about maintaining your properties
sufficiently so that you can make the most out of your investments. If you lack the
expertise, do make use of professional real estate firms which also provide property
efficient management services.
   5) Become an expert by widening your network of real estate properties.




Purchase a property, fix whatever problems that it may have and raise the rents
accordingly. Re-invest the earned money and buy more properties. Set a goal and work
toward it efficiently.

Sure, this method may take you a little longer to be able to quit your job, because you will
be reinvesting your profits. But if you work a little harder and smarter in the beginning, you
can expect substantial returns. Basically, what we do is attract and seek out motivated
sellers of single-family houses and multi-family buildings. We use the single-family rehabs
to give us a “chunk” of money so that we can invest in multi-family housing. We use the
multi-family properties to give us passive monthly income and create greater wealth
through equity creation (tenants paying our mortgages).

Resource: Dave Lindahl Scam

				
DOCUMENT INFO
Description: David Lindahl Describes how chunking can make you a wealthy real estate investor. Its uses and steps to succeed in this field.