David Lindahl

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Real Estate Expert

David Lindahl

David Lindahl Quick Facts

Main Areas
Real Estate Investing & Education
Best Sellers
Multi-Family Millions, Emerging Real Estate Markets, Trump University Commercial Real Estate Investing 101
Career Focus
Real Estate Investor, Educator, Speaker, Author, Entrepreneur

Dave Lindahl is an accomplished real estate investor who has been involved in over 800 deals, and currently controls over 7,400 units.

Dave founded and operates Creative Success Alliance (www.rementor.com), an education and coaching firm that shows investors how to profit from all forms of real estate investing. He is also a renowned speaker and trainer at real estate investment clubs, national conventions, and seminars throughout the country.

Dave also the author two #1 bestselling books: Emerging Real Estate Markets and Multi-Family Millions. His third book, Commercial Real Estate Investing 101: How Small Investors Can Get Started and Make it Big, is published through Donald Trump's organization. Dave has been featured in The Wall Street journal, Forbes, Reader's Digest, Kiplinger's & more. He's also been seen on the major television networks.

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Articles by this expert

SelfGrowth articles and saved writing connected to this expert.

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Chances are if you are new to property investment you may be a little overwhelmed with all of the terminology that you are being faced with. After all when you were making your initial investment in your residence you don't recall hearing terms such as absorption rates.

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If you’ve been to any of my boot camps or read any of my books, one thing you’ve heard me say is “take only intelligent risks”. Sure. There’s money to be made in commercial real estate deals, but along with any business comes the potential pitfalls that you must learn to navigate yourself through in order to have a successful deal.

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The effectiveness of your network determines the strength of your real estate investment business. I’m always on the lookout for new people to work with – new private investors, new bird dogs, and new players in the market. The way I see it, I am only as good as the weakest member of my team. In fact, I firmly believe that a strong network of people working together can propel any investor to new heights in their commercial real estate career. A strong network of experts lowers investment risk. Needless to say, I hate losing money.

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Lead generation is a foundational activity of your commercial real estate business. Without it, you’ll fail before you even begin. Many people don’t think they have the time or the energy to find deals. I don’t care how busy people tell me they are. My response is always the same – if you want it bad enough, you’ll make time for the important things. When you discover how easy it is to get started, you’ll be kicking yourself for not starting earlier. Here are six ways to generate commercial property deals. 1)Direct Mail Direct mail is one of my favorites.

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Million dollar dreams are only an illusion without the proper vehicle to attain it. If you’re a serious investor looking for a way to obtain more wealth without the hassle and risk of building your financial empire one house at a time, then apartment building investments are just the thing you’re looking for. With regards to cash flow, apartment complexes are by far, the most lucrative deal that is within the reach of private investors. Here’s why. ·There’s less competition.

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There are three main reasons novice investors fail in commercial investing: inaction, being cheap, and doing deals that shouldn’t be done. I can’t tell you how many times I hear young investors tell me the reasons why they haven’t reached their goals. Well, it’s time to get out of the slump of wrong thinking and doing what it takes to make this year your best investing year ever.

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Successful negotiation skills are an art form and must be mastered for you to achieve your investment goals. People who put negotiations on the back burner thinking that they’ll get by or they’ll let someone else handle the deal will often find that they end up with a whole load of work without the pay off.

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Most real estate investors are aware of the potential profit from buying government-seized properties -- homes and other types of property the government has acquired from tax cheats, drug dealers and other criminals. Because the government isn't in the business of renting or flipping properties, they want to unload them as quickly as possible. While this is unfortunate for the previous owner, it creates opportunity for investors who act fast and know what to do.

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Financing plays a vital role in real estate investing -- and this includes buying foreclosed homes. While it's practically a mantra to "use other people's money," keep in mind different investments will usually require a different strategy. A financing option that worked wonders in one real estate deal can easily fall flat in another. Following is a quick look at some of the pros and cons of using your own money to buy a foreclosure property. Pros of Using Your Own Money One of the best reasons to use your own money to buy a foreclosed home is rate and terms -- there aren't any.

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You have one chance to make a first impression and in this business, networking is your key to success. I talk a lot about having teams of professionals who are ready to help you accomplish your goals. I also talk about making sure that your deal pipeline is full. None of this can happen without the proper people in place. Here are five ways anyone can do to network like they’re a veteran. 1) Look and act as if you were already a success. The way you dress says a lot about you especially when people are sizing you up for the first time.

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The two major issues that stop investors from pursuing commercial real estate deals are no time and no money. In my experience, I’ve started off with practically none of these resources available to me, but as I broke these barriers my investing career started to flourish and I became a millionaire in under four years.

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Are commercial fixer-uppers worth the time, expense and effort? My answer to that would be that the right fixer-upper with numbers that make sense can be the right strategy to use. In fact, these types of properties can be an easy way to see an instant value increase in the property but like with any deal, only if the costs to rehab the property make sense. Commercial fixer-uppers employ one of my favorite value plays called “repositioning”.

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Favorite Quotes & Thoughts from David Lindahl

  • "Take action"
  • "Money does not make money; It's the movement of money that makes money!"
  • Ignore the media when they focus on national real estate trends: The only cycles that count are LOCAL ones"!
  • "Do You Have "The Attitude"?

That's when you Get To Do:

--WHAT you want

--WHEN you want

--WHERE you want

--WITH WHOM you want!

"My Systems Will Get You There!"

  • "Whenever you reduce your price or give something up, ask the other party also to make a concession."
  • "Practice the "Safe Island Technique" Summarize each step you'll take the seller through so nothing's a surprise."
  • "Happiness is Positive Cash Flow!"

Contacting David Lindahl

Dave Lindahl

Creative Success Alliance

www.rementor.com

800-649-0133 or 781-878-7114

100 Weymouth Street, Bldg D, Rockland, MA, 02370

How to get started

Dave Lindahl's Principles of Successful Investing
  • Have integrity in everything you do
  • You're not in the real estate business; you're in the marketing business.
  • You have to respect yourself in order to get that from others.
  • Start small, simple, and inexpensively. But start!
  • Expect to feel a little uneasy at first, and be HAPPY about the fact that some parts of the business take work.
  • Be thrifty. Don't be cheap.
  • Follow my systems before you create your own.
  • Don't waste time with unmotivated sellers.
  • Delegate before you think you are ready.
  • If it works, keep using it; if it doesn't, then tweak it. If it still doesn't, toss it.
  • You're marketing to a "moving parade".
  • Track your activities and results.
  • Follow Up!
  • Keep going.

David Lindahl is passionate about real estate investing & that same excitement carries over into his speaking events. Donald Trump best described Dave when he said, “I chose David Lindahl to write it because he’s not only a highly successful investor, but he has a knack for clarity in explaining commercial real estate investing.” David Lindahl travels the United States holding seminars and real estate camps. Dave’s Camps include: “Managing the Manager Boot Camp”, “Apartment House Riches Boot Camp” “Private Money Syndication Boot Camp” & “Chunker Boot Camp”. To learn more about David Lindahl & all of his products and events go to www.rementor.com.

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