Investors Guide by Richard Balles, AK Financial – I

Business success is the result of what you know. Our Mr. Richard Balles says, in every industry there are key elements—secrets—that if known will help to insure success but if not known will certainly lead to failure. Real Estate investing is no different. Success begins with knowledge. What are some of the critical lessons that every real estate investor should know? Mr. Richard Balles at AK Financial has created a list of 10 things every investor should know

The first secret is probably the most important of all the others—using other people’s knowledge. There are only two ways to gain knowledge. Either you gain it from other people's mistakes or make the mistakes yourself. If you refuse to learn from other people’s mistakes—you are destined to learn from your own mistakes. The secret is to learn from others and avoid the pain of learning the hard way. Here is the secret—you can jump start your investing success by getting a good mentor and constantly reading and listening to CDs by successful real estate investors.

The second secret that we have discovered at AK Financial is also very important—it is the power of consistently making a lot of quality offers. In order to become a successful real estate investor, it is absolutely necessary to place many offers that, if accepted, will result in great deals. Without offers there can be no good deals and good deals are the basis of success in real estate investing. If you do not ask you will not receive.

Secrets three through seven are the skills that will have to be developed in order to run a successful real estate investing business. Our Mr. Richard Balles providing you some of These skills :

• Finding good deals
• Obtaining the money to purchase the good deals you find
• Fixing up the property so that it is marketable
• Effectively marketing the property
• Property management