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Location: Livonia, Michigan, United States

I first became involved with real estate in 1981 when my wife gave me a choice of ballroom dance or real estate classes. I chose real estate, and began buying properties as rental investments. Over the years in working with real estate, I have purchased in excess of 3,500 single-family homes and pick up the name Mr. Lease Option. My web is www.mrleaseoption.com I teach over 40 real estate investment seminars a year, and running investment club www.megaeventingevent.com keeps me on the go.

Sunday, April 20, 2008

Boot Camp-Eight Weeks to Educate on Purchasing and Managing Apartment Buildings

Anthony Chara is an experienced investor in apartments who has also mentored hundreds of students. The eight week program begins with a three day boot camp where students are taught the full process of buying apartment buildings, from locating the property, quick analysis, and making an offer.

Many people spend so much time looking into every nook and cranny that they lose their focus and never get around to making an offer. The quick analysis takes about five minutes, then it’s time to make an offer. Since the analysis and offer are made quickly in order to tie the property up, it is important to have escape clauses built into the contract. This protects the investor in the event of an unforeseen detail in the property arises, making the deal less desirable.

Investors also need time to perform their due diligence to confirm the accuracy of the numbers received from the seller are accurate. If there are discrepancies, further negotiations on price and terms are needed to come to an agreement. The final step is to teach students how to close the deal.

This is a lot of learning packed into a three day event. Many come home and put their books away and get back to their same routine. They never take action and apply what they have learned in the boot camp. To avoid having students held back by fear or lack of confidence, there are eight weeks of follow up consisting of teleseminars and webinars to get through that mindset and give students an action plan to follow.

This was taken from an interview between Lance Hood from SuccessInsiders.com and Anthony Chara. For access to Anthony Chara’s teleseminars, go to http://www.successinsiders.com/



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Real Estate, Investment, Boot Camp, Buying Apartment, Purchase Apartment buildings

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