Nick Vertucci released his first book recently. Titled Seven Figure Decisions: Having the Balls to Succeed. In this book, he recaps a number of lessons he has learned I his li8fe especially since he went into Real Estate. Today, as an accomplished real estate investor who currently runs the Nick Vertucci Real Estate Academy. He has been able to overcome various challenges and is today helping others achieve the same financial freedom he is enjoying. Over the years of working in Real Estate, he has been able to develop a working strategy that he employs today and has been able to achieve results.
This strategy can be simplified in his own terms as Get in, Get out, Get Paid. He breaks down this strategy as follows
Nick Vertucci identifies this as one of the most important steps. It is here that an investor makes certain decisions regarding what type of property to acquire and at what price. It is paramount that an investor does a lot of research in this stage.
In this step, Nick Vertucci advocates that the investor works on improving the property. This can be done through rehabilitation and in other improvements. A property’s aesthetic value is as important as any other quality as it’s the first thing any potential buyer notices. As you work on improvements, it is important that you work within your set budget to ensure it does not become overly expensive and end up driving the price of the home to unmanageable levels. The property is then listed either to rent or for sale. Ensuring that there is sufficient marketing to reach the target audience
This is usually the best part of the deal. Once the purchase has been completed the investor ensures that all legal requirements are met and as such is free to indulge in the profits.