Modeling, Part 1: A Case Study in Beginning Real Estate Investing with Bob Faletti

<p>We had a great time interviewing Bob Faletti and hearing about the start of his real estate investment business.  Our conversation centered around 7 crucial steps that he suggested for beginners  to integrate into their investment plan.</p><ol><li><strong>Assess the risk and the work involved.</strong></li><li><strong>Structure:  Full time or part time work.</strong></li><li><strong>Vendors:  make sure you hire the right vendors to help you keep your workload in check.</strong></li><li><strong>Find a successful model to mimic</strong></li><li><strong>Work with a coach or strategist who has a proven track record.</strong></li><li><strong>Live your values through serving your clients/tenants.</strong></li><li><strong>Choose the right property - dont jump into the deal without weighing all the factors.</strong></li></ol><p> </p>