Your first days as a full time real estate investor! Please share!

Your first days as a full time real estate investor! Please share!

Investor/Realtor · Wentzville, MO · Member since 2014 · 846 posts · 431 votes

My partner and I plan to be full time real estate entrepreneurs within a few months.  Our business has slowly grown and we are excited to take it to the next level with our full attention.  We both currently work a typical 9-5 sales job and part time on real estate business.  I know it will be a transition and I look forward to taking the initiative to make it a success.  I would like to ask the people who have made the transition to full time real estate what the first days were like.  Please share the good, the bad, and the ugly!

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  • Manchvegas, NH · Member since 2014 · 137 posts · 9 votes
    11y

    frustrating and confusing. had to keep  going at it. i was in an area wher i felt ike 95% of the houses i looked at were in really bad shap so i figured i could fix and flip them all.

    i wasnt sure how to market. that was my biggest mistake.  i sent out one mailing and stopped because i was inconsistent.

  • Investor/Realtor · Wentzville, MO · Member since 2014 · 846 posts · 431 votes
    11y

    @Account Closed  Thanks for sharing!!  Did you continue full time or transition back to a JOB.  I have read that we are really not real estate investors, we are actually real estate entrepreneurs.  We market for deals, market for buyers, market for contractors, and if we keep the property we market for tenants.  So really we are in the marketing business.  I think the key to success is marketing.  Finding and negotiating deals is the lifeblood of the business. 

  • Manchvegas, NH · Member since 2014 · 137 posts · 9 votes
    11y

    struggled for a while but i am now doing it full time

  • Investor/Realtor · Wentzville, MO · Member since 2014 · 846 posts · 431 votes
    11y

    @Account Closed  Glad to hear you stuck with it!  Every hurdle only makes you stronger!

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