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Empowered HomeFront - 023.Why Most New Investors Fail: The Deal Formula You Need

023.Why Most New Investors Fail: The Deal Formula You Need

09/02/24 • 23 min

Empowered HomeFront

Eric unveils the "Deal Formula," a crucial framework for achieving success in real estate investing. He emphasizes the importance of three key elements: expertise, money, and grit, and explains how mastering these can significantly boost your profitability and efficiency. Drawing from personal experience, Eric shares insights on leveraging others' resources and skills to enhance deal-making capabilities. He also offers practical advice on finding and utilizing lenders and managing resources effectively to close more deals and scale your business. For a deeper dive into these concepts, Eric invites viewers to join the upcoming Deal Boss project event, promising to reveal strategies for building a seven-figure real estate company rapidly.

Send us a text

👇 Also check out: 👇
Join the DEAL BOSS PROJECT private Community for FREE https://dealbossproject.com/invite

Learn "How to Launch a 7-Figure Real Estate Company in 1 Week without being Held Hostage by a Tech Guy" By Joining our Next FREE Event ➡️➡️➡️ https://www.secretrealestateguide.com ⬅️⬅️⬅️

Take complete control of your life - Skill Stack To Success | https://skillstacking101.com

Join Eric in the Deal Boss Project | https://dealbossproject.com

Eric's Website | https://ericwhowell.com

Eric's Instagram | instagram.com/ericwhowell

Eric's Facebook | facebook.com/EricWHowell.DealBoss

Eric's Twitter X | https://x.com/EricWHowell

Subscribe to the Empowered HomeFront Podcast on iTunes or Google Podcast |

https://podcast.empoweredhomefront.com
🚧🚧🚧 DISCLAIMER 🚧🚧🚧
Eric W Howell is not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content shall not be construed as tax, legal, insurance, construction, engineering, health & safety, elect...

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Eric unveils the "Deal Formula," a crucial framework for achieving success in real estate investing. He emphasizes the importance of three key elements: expertise, money, and grit, and explains how mastering these can significantly boost your profitability and efficiency. Drawing from personal experience, Eric shares insights on leveraging others' resources and skills to enhance deal-making capabilities. He also offers practical advice on finding and utilizing lenders and managing resources effectively to close more deals and scale your business. For a deeper dive into these concepts, Eric invites viewers to join the upcoming Deal Boss project event, promising to reveal strategies for building a seven-figure real estate company rapidly.

Send us a text

👇 Also check out: 👇
Join the DEAL BOSS PROJECT private Community for FREE https://dealbossproject.com/invite

Learn "How to Launch a 7-Figure Real Estate Company in 1 Week without being Held Hostage by a Tech Guy" By Joining our Next FREE Event ➡️➡️➡️ https://www.secretrealestateguide.com ⬅️⬅️⬅️

Take complete control of your life - Skill Stack To Success | https://skillstacking101.com

Join Eric in the Deal Boss Project | https://dealbossproject.com

Eric's Website | https://ericwhowell.com

Eric's Instagram | instagram.com/ericwhowell

Eric's Facebook | facebook.com/EricWHowell.DealBoss

Eric's Twitter X | https://x.com/EricWHowell

Subscribe to the Empowered HomeFront Podcast on iTunes or Google Podcast |

https://podcast.empoweredhomefront.com
🚧🚧🚧 DISCLAIMER 🚧🚧🚧
Eric W Howell is not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content shall not be construed as tax, legal, insurance, construction, engineering, health & safety, elect...

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Send us a text

👇 Also check out: 👇
Join the DEAL BOSS PROJECT private Community for FREE https://dealbossproject.com/invite

Learn "How to Launch a 7-Figure Real Estate Company in 1 Week without being Held Hostage by a Tech Guy" By Joining our Next FREE Event ➡️➡️➡️ https://www.secretrealestateguide.com ⬅️⬅️⬅️

Take complete control of your life - Skill Stack To Success | https://skillstacking101.com

Join Eric in the Deal Boss Project | https://dealbossproject.com

Eric's Website | https://ericwhowell.com

Eric's Instagram | instagram.com/ericwhowell

Eric's Facebook | facebook.com/EricWHowell.DealBoss

Eric's Twitter X | https://x.com/EricWHowell

Subscribe to the Empowered HomeFront Podcast on iTunes or Google Podcast |

https://podcast.empoweredhomefront.com
🚧🚧🚧 DISCLAIMER 🚧🚧🚧
Eric W Howell is not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content shall not be construed as tax, legal, insurance, construction, engineering, health & safety, elect...

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Send us a text

👇 Also check out: 👇
Join the DEAL BOSS PROJECT private Community for FREE https://dealbossproject.com/invite

Learn "How to Launch a 7-Figure Real Estate Company in 1 Week without being Held Hostage by a Tech Guy" By Joining our Next FREE Event ➡️➡️➡️ https://www.secretrealestateguide.com ⬅️⬅️⬅️

Take complete control of your life - Skill Stack To Success | https://skillstacking101.com

Join Eric in the Deal Boss Project | https://dealbossproject.com

Eric's Website | https://ericwhowell.com

Eric's Instagram | instagram.com/ericwhowell

Eric's Facebook | facebook.com/EricWHowell.DealBoss

Eric's Twitter X | https://x.com/EricWHowell

Subscribe to the Empowered HomeFront Podcast on iTunes or Google Podcast |

https://podcast.empoweredhomefront.com
🚧🚧🚧 DISCLAIMER 🚧🚧🚧
Eric W Howell is not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content shall not be construed as tax, legal, insurance, construction, engineering, health & safety, elect...

Empowered HomeFront - 023.Why Most New Investors Fail: The Deal Formula You Need

Transcript

The Deal Formula: Key Puzzle Pieces

  • Timeframe: 00:46 - 01:22
  • Summary: Introduction to the "Deal Formula" and its importance in real estate. The speaker discusses the three key components necessary for a successful deal: expertise, money, and grit. Many people fail because they don't have all three or don't have a plan.

2. Real Estate Missteps and Lessons Learned

  • Timeframe:
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