The Real Estate Wealth Expo is a well-known event in huge cities worldwide. Celebrity speakers make the promise to reveal methods to get wealthy fast, and you could be effectively lured in.
Well, is it worth it to go to this seminar?
We’re going to review Real Estate Wealth Expo to decide if it really is the best real estate event out there.
We’ll talk about whether real estate is the right business for you.
At the end, I’ll answer some of the most frequently asked questions regarding Real Estate Wealth Expo and real estate in general.
And most important, I’ll show you the exact system I used to build my own internet marketing business to over $40,000 a month in mostly passive income.
This system made me swear off real estate for good, because it uses some of the same skills in a much more powerful and profitable way!
To tell you the truth, I do not think I will go to this event ever in the future.
The event has several huge names such as:
Also, I will say that it’s pretty much the best part of the show.
But if you would like to discover more about real estate investment, I do not believe this is the best place to get it done. Regardless, the following are some thoughts and notes on the Real Estate Wealth Expo seminar in San Mateo!
The regular format of each workshop went like this: the speaker will provide you with a background story about the way they were raised and just how broke or uneducated they were.
Then again, they will demonstrate their present expensive life after investing in property.
The speaker will strike you with a spiel thinking you do not require an education, you do not need cash, you can accomplish this anywhere you would like, on the seaside or even at home, and they’d repeat some hype words like “say YES if that’s what you want!”
Here are some of the takeaways from the speakers:
90% of millionaires created their wealth through investing in real estate.
Visit Zillow/Realtor/Trulia for offers and go to the bank.
To begin, you have to obtain pre-approval, which takes around thirty days.
A 1st position lien is put on a property as a result of delinquent property taxes. When you do not pay your taxes, you will get the 1st lien.
For example: A property at $200,000 FMV (fair market value) with $1,800 property taxes annually.
When the proprietor cannot pay their property taxes, the federal government will put a first tax lien on it.
As an investor, you will pay the county the $1,800 tax lien, and the county will provide you with a tax lien certification. If the owner does not pay the fees within the redemption period, ($1,800) they lose the property.
When you purchase the tax lien, you’ve got to wait the redemption time—you do not own the house.
The redemption period could be around six months to four years based on where the home is situated, and the homeowner has that time to pay back the property taxes.
I sort of appreciated what Adam Carolla said. He is a comedian, but he said several inspirational things concerning the entrepreneurial journey.
Do not think about what is at the end. When he began his journey as a comedian, he did not discuss money.
He and his partner/team discussed collaborating, working, and doing whatever they enjoyed. It is all about the process instead of the goal, and also, he’d no idea it was going to be successful.
If you’re OK with product sales pitches (actually hearing them than browsing your Instagram), the event might be entertaining for you.
You will have opportunities to network, and you will have the ability to find some huge brands. From our Real Estate Wealth Expo reviews, I actually would not go again, but that is just me!
Nevertheless, what saved the day for me was seeing Tony Robbins and hearing several of his perspectives, which inspired me to modify several of my practices.
Frontrunners of the real estate investment sector gathered together Real Estate Wealth Expo. Property investors, financiers, brokers, vendors, and agents from all around the nation came together for a four-day, resources-filled Pacific Northwest event created to enable them to build wealth via property investing. Attendees garnered awareness on the following topics:
Among the most extensively discussed subjects in the expo was if investors are better off investing in real estate for the long-term or flipping and fixing for instant income.
Lots of business experts think that today is a good moment to buy properties with a long-term hold approach since folks always need to have places to live.
Through each economic cycle, rented housing stays in need, making it practically recession-proof.
There is a great deal of cash available to purchase multifamily deals. Interest rates are historically low, though cap rates are also low.
I prefer to purchase near employment centers with appreciation. Rents rise at those properties alongside income as it goes up.
Suppose investors stick to the trends, demographics and examine the market. In that case, they can continue to find long-term apartment transactions that pencil.
Is today a great time to purchase investment properties?
If you are patiently waiting for another downturn, you will likely hold out for another ten years. The wealthiest people I know got there by appreciation.
Any operators or developers who could create affordable housing will enjoy long-term benefits due to the serious absence of supply.
We have this particular incredible opportunity to provide what’s so in demand in this country: inexpensive housing. Rehabbing existing houses into affordable or workforce housing will be incredibly profitable.
Making value-added improvements when purchasing rental properties at this time will lead to long-term profits, particularly since the industry indicates several signs of softening.
At the properties the speaker owns, he is rehabbing and refinancing because valuations happen to be very substantial.
An additional means for an investor to create a good portfolio and keep the current property’s value is to rehab and refinance while rates are very low.
If the industry takes a down turn, it’s the best time to buy. It would be best if you didn’t go right into a deal based on its present value. I’ve been traditional in that respect and not get very lured in by the notion of appreciation.
Real estate experts can enhance the effectiveness of the services to be ready for a probable downturn. A very good example is in the property management sector.
One means an agent brings an effective amount of service to his property owner clients is by giving five-star level service.
Great customer care is essential.
There are inspectors and managers on the ground. Additionally, technology and marketing to support on-the-ground staff is managed by the main hub.
To help maximize home owners’ rental income at each phase of the financial cycle, whether booming or perhaps softening, they usually have their very own in-house programs, such as 3d tours, smart locks, and self-showings.
Many economists are discussing a looming recession that will impact real estate investing in 2021. No asset type is immune from a downturn.
But multifamily property owners have the advantage of gathering rental cash flow, even during a downturn.
Everybody must have an area to live. If homeowners face difficulties paying their mortgage in the course of a downturn, they usually turn to rented housing as an alternative.
Real Estate Wealth Expo is a premier provider of property and wealth-building workshops in North America. They had a 2-for-1 promo on VIP tickets for around $53 for every ticket. Gold tickets are around $40 on Groupon.
If you like to become a real estate investor, it is important to study everything you need to know about the industry.
You can’t become a real estate investor just by attending a seminar or an event. The skills are built over time. There’s 1st Annual Real Estate Investor EXPO to check out.
They’re a real estate investing mentoring group that shows people wholesaling and flipping and rental single-family, multifamily, and small industrial properties for passive income.
You can come to go to their free introductory workshop to find out just how Real Wealth Academy can change your financial future using real estate as a driving force.
Yes. You can get much inspiration from real estate investors themselves. But it will take a lot of time and effort.
You can certainly make money with real estate, but if you’re gonna put in the amount of grueling work to become a real estate investor (which, trust me, isn’t easy), you might as well bring in some REAL money.
The program that helped skyrocket my online business to $40,000+ per month teaches some of the same real estate skills, but shows you how to monetize them in a much, MUCH more profitable way.
No. It is not a scam.
It is entirely possible to build a profitable, successful real estate business… But there are better ways to build a business other than with real estate.
Because unlike Real Estate Wealth Expo, it actually provides real proof of real success from real people as recently as a few days ago.
Yes. The seminar is 100% legit…
But, when it comes to building a business, you have plenty of options.
And even if you’re dead set on becoming a real estate investor or real estate agent, you’ve got way better options than Real Estate Wealth Expo.
Keep in mind, I don’t get paid to promote any of the programs I review. I personally think real estate is a great business model, but you could end up leaving way too much money on the table.
Our review team has come across a program in the real estate industry that is next level!
Although it’s not real estate in the traditional sense…
It’s all digital.
Where this Real Estate Wealth Expo fall short is in scalability. Because in order to make a good amount of money with real estate, you have to own several different houses.
And who has that kind of capital to start?
But what if you went local?
With Local Lead Generation, you will be getting service requests from multiple sites at every minute of the day from people who are willing to pay a lot of money for what you can provide them.
I was watching a YouTube video once where the host made a comment that it isn’t about making a lot of money from one website… it’s about making a little bit of money from lots of different websites.
So, think of it this way….
What if you could have streams of investment income where you operated 10 rental units that you could charge anywhere from $750-1,000 per month?
That’s $7,500-10,000 per month in passive income!
What If You Invested Into 100 Rental Units?
But instead of spending $Millions to build houses or apartment complexes… you spend a couple hundred dollars to build websites.
You then get those websites ranked in the search engines for specific home-based services that customers are searching for.
Next, you offer your lead generation system to local business owners who are looking for customers and are willing to pay you for their information.
You’ve just created a Digital Real Estate Investment Empire that is potentially earning you 4-5 figures in PASSIVE INCOME on a monthly basis without spending a single dime on ads.
With conventional digital real estate, you have to compete with thousands, if not millions of others who are selling the SAME product to the SAME customers.
Once the training program is completed you will also have access to a Facebook group much better than the Real Estate Wealth Expo group in our opinion. This group is much more active.
Unlike Real Estate Wealth Expo where you’re profiting maybe $250 per property, you could be getting 5-10X THAT.
With Local Lead Generation, the competition is virtually nothing and your profit margins are 85-90%.
Now, I could go on and on, but I’m sure you have tons of questions about how to create Digital Real Estate assets and start building YOUR digital empire!