Tuesday, July 21
More on my beginnings of taking action and trying to do what I've wanted to do for a long time now:
After trying to do this real estate investing thing for a long time now, I finally, after more than a year in my local REIA (spent quietly listening) and almost three years now with the interest, put an ad on the local REIA's website looking for buyer's in case I run into a good wholesale deal.
After having some sort of assumption that there weren't too many people that would be interested, I, in a bit of desperation, put up an ad anyway. Like I've said lately, come heck or high water, I'm going to try. Perhaps try and fail, but I refuse to NOT try any longer.
And within four hours, I had six emails and one phone call. Seven people to put on a buyers list. Perhaps more importantly than a number like that, I heard from real investors that are looking to buy that shared some insights that I had not considered before. Stuff that no amount of reading and studying alone was going to give me, like this tidbit from one email: "the more lien searches, title work, and comp work you can do the faster we can close."
Perfect! That's exactly what I needed to know before presenting an offer to this person. I can absolutely do that, no questions asked. And all I had to do was ask if anyone was interested in working with a newbie wholesaler.
I even got one regular from here at BP that responded! All in all, it makes me wonder why I didn't do something this simple about a year ago. I now feel like I almost have an obligation to provide these people that responded to me with good deals. And I sure hope I do.
I also hope I can overcome the next obstacle as easily.
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