Northern Virginia · Member since 2017 · 62 posts · 7 votes
Folks, please take it easy on me since I just joined the forum today :)
I
am looking to get into REI field. I have quite a few ideas in my mind,
but definitely have no direction since I have no experience in REI
filed.
Also, in many TV shows they pretend RE to be very
easy-money, which I am not convinced, yet. So, here I am looking for
some experienced members to whom I can ask and learn about buying rental
properties or some franchise or something else too? Flipping and
wholesaling are definitely out of question, because of a full-time job.
Hello @Syed Shah and welcome to BP! We primarily focus on unimproved land all over the country (& some Canada) and have found that very profitable and we can do it from ANYWHERE. Glad you found BP - this is a great place to get all the answers. Good luck and let me know if I can help in any way!
@Account Closed, thanks for your contribution. I am just curious, how does this land stuff work? I have absolutely zero knowledge about it, can it generate some passive income streams? Thank you.
@Syed Shah Best way is through a direct mail campaign, targeting the exact type of properties that meet your criteria, and let the "ready" sellers reach out to you! Have you narrowed down a county and property type yet? Once that is done you can get a list of the parties that own those properties and send them a specific letter with offers and they will call you. Great time of year to be doing this. There is more to it, but that is the overall idea. Holler if I can help!