Understand the purpose of scouting.
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| Each investor has a unique strategy and preconceived idea of what should be purchased. For example, some investors want "A" neighborhoods while others want "A" income. The purpose of scouting is to enable us to "dial in" your preferences. Many investors don't know what they want until they see the inventory available. By scouting properties, we all discover what you want and then hunt down your preferences. |
Keep an open mind and listen to the news with some skepticism. |
| You will save more time and energy if you listen to a local agents's recommendations. Your market is different than Las Vegas. The news media is WAY off on their reporting. Even if you are an experienced investor, it is wise to listen to the local indians. |
Get your finances lined up. |
| This has to be the biggest mistake investors make. Amatuers fly to Vegas and leave their wallet at home. Scouting for properties without knowing how you are going to purchas an asset is a massive waste of everyone's time. It's ok if you don't buy something if you come here but it's simply crazy not to have financing in your back pocket. |
Get your ya yas out. |
| We love for you to come to Vegas so you can gamble and/or party like a rock star. HOWEVER, we start early and we take our profession serious. If you show up late, hungover or drunk. We will politley reschedule you. |
Leave the kids behind. |
| We love kids. Kids are great. Kids have no business looking at houses with us. It's dangerous, distracting and wastes everyone's time. We can provide you with a free and reliable baby sitter for a flat $100. An alternative is to have breaksfast together with the spouse & kids so you can comfort everyone and then move out. Your kids will have a meltdown around noon in a house that's 115 degrees full of carpet soaked urine. Do you really want them to go through that? |
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