So I get investors reaching out to me everyday and it goes like this:
"Hi, I know you offer turnkey properties and property management and am interested in the Toledo market, I don't want to buy turnkey but was hoping you could help me find a deal.
Also, do you have any contractor and lender referrals?
I'd also love to work with your property management company"
Diplomacy left me a long time ago so how would you guys reply?
Seems like to me that everyone wants something for nothing nowadays and nobody is willing to put in the work or to pay the margin for someone else that is willing to do the work...
Folks want to "own a monkey", play with the monkey, but not "carry the monkey" or clean it's S#@% when it does one hehe
I guess next time I go to McDonalds, I'll ask them for organic burger buns or where I can find them, I'll bring my own meat paddy and potatoes, get them to make a Big Mac meal for me and maybe I throw some change their way haha
How about those analogies above... lol
Have a great weekend guys and much success with your investing š
Engelo Good Morning !
I would like to take a stab at this.
I suspect a lot of these folks reaching out to you read BP forums.
And such they like the thought of infinite returns and are OK with max leverage etc.
So keep in mind BP folks are reading the BRRR books and building their Core 4 which has been coined by the folks who man the podcast and wrote a book on remote BRRR ( one of the absolute Riskiest endeavors one can take in real estate by the way).
So to that extent they are reaching out to you to build the Core 4 you just happen to have all 4 of the Core under one roof.
This IMHO is why your getting calls like this. Or e mail requests like this.
Your thoughts ?
"I don't want to buy turnkey, but hoping you would help me find a deal."
Yes! That is going to cost you $500 / hr with a $5,000 retainer.

haha
Or a Guru $30,000 for what is free on YouTube or Bigger Pockets lol
Does Hot Wheels come in a White Drophead Rolls Royce?

"I don't want to buy turnkey, but hoping you would help me find a deal."
Yes! That is going to cost you $500 / hr with a $5,000 retainer.

haha
Or a Guru $30,000 for what is free on YouTube or Bigger Pockets lol
real estate you never retire its a lifestyle you know that !!
Nah mate,
When my crypto goes Lambo to the moon so will I haha
Regional banks are killing mate
Got all my eggs on 1 basket ehhh
3x leverage
Gambling much? ehhh
"I don't want to buy turnkey, but hoping you would help me find a deal."
Yes! That is going to cost you $500 / hr with a $5,000 retainer.

haha
Or a Guru $30,000 for what is free on YouTube or Bigger Pockets lol
real estate you never retire its a lifestyle you know that !!
Nah mate,
When my crypto goes Lambo to the moon so will I haha
Regional banks are killing mate
Got all my eggs on 1 basket ehhh
3x leverage
Gambling much? ehhh
I have some FTX to sell you.

"I don't want to buy turnkey, but hoping you would help me find a deal."
Yes! That is going to cost you $500 / hr with a $5,000 retainer.

haha
Or a Guru $30,000 for what is free on YouTube or Bigger Pockets lol
real estate you never retire its a lifestyle you know that !!
Nah mate,
When my crypto goes Lambo to the moon so will I haha
Regional banks are killing mate
Got all my eggs on 1 basket ehhh
3x leverage
Gambling much? ehhh
I have some FTX to sell you.

SBF got me for $350,000
My fault tho
"No key's, no tokens"
Left them on FTX.
But I'm back deep and will either end up being a "genius" or an even bigger "looser" hehe

You would not believe how many messages I get on Airbnb saying they want to co-host or āhelpā me to āmanageā my listings. I check their profile and they donāt even have many reviews as my one property š
A lot of these books anYouTube videos from Guru are giving a false idea to folks. We all want to skip the hard work part and get the cream on top š
Hey Engelo,
I Totally understand your frustration. Use it to your advantage, help them as much as you would like. Set your boundaries so they don't keep calling you. You never know, if they can't find a deal own their own, they may come back to you for one of your turn key properties.

I agree this happens to me on a weekly basis now "Hey what off market deals are out there, I only want you to send me off market properties." No hello/introduction, no goals etc.
I think books and and podcasts undermine the ability to communicate respectfully and to bring something to the table, or at least a good attitude and consideration. "Investors" read a book and want everything provided to them and treat everyone as an expendable.
Yep. I wake up to 10-12 people a day wanting money. I send them my Jot Form which links them to my lenders and 9 out of 10 either don't submit it or fill it out right.
Iām not in your field of expertise in the lending space, but the lenders I have given repeat business to typically have taken a few moments and let me explain my situation to see if we would even be a fit for each other, before, trying to make me fill out some long application that asked for everything short of a blood sample.
@Engelo Rumora
They probably canāt find anything without a white kitchen and gray walls and awful gray blue lvp flooring and are desperate to find something to update themselves. Investor who make properties turnkey are terrible interior designers, but they get to all the gold first
You would not believe how many messages I get on Airbnb saying they want to co-host or āhelpā me to āmanageā my listings. I check their profile and they donāt even have many reviews as my one property š
A lot of these books anYouTube videos from Guru are giving a false idea to folks. We all want to skip the hard work part and get the cream on top š
Hence.

"I don't want to buy turnkey, but hoping you would help me find a deal."
Yes! That is going to cost you $500 / hr with a $5,000 retainer.

haha
Or a Guru $30,000 for what is free on YouTube or Bigger Pockets lol
real estate you never retire its a lifestyle you know that !!
Nah mate,
When my crypto goes Lambo to the moon so will I haha
Regional banks are killing mate
Got all my eggs on 1 basket ehhh
3x leverage
Gambling much? ehhh
I have some FTX to sell you.

"F*** You. Pay Me" --- Henry Hill, Goodfellas.
"F*** You. Pay Me" --- Henry Hill, Goodfellas.
haha What all is these greats preach actually helps you and not the āoffendingā individual. Very hard to accept and implement such a mentality but it works mate š Happy Valentines haha
"I don't want to buy turnkey, but hoping you would help me find a deal."
Yes! That is going to cost you $500 / hr with a $5,000 retainer.

haha
Or a Guru $30,000 for what is free on YouTube or Bigger Pockets lol
real estate you never retire its a lifestyle you know that !!
Nah mate,
When my crypto goes Lambo to the moon so will I haha
Regional banks are killing mate
Got all my eggs on 1 basket ehhh
3x leverage
Gambling much? ehhh
I have some FTX to sell you.

Glad I could stir the hornet's nest.
First, I didn't say you were suppose to be anybody's entire education, or source of leads. But everybody has their own way of learning, talking, and getting things done. I can, and do, read books, watch YouTube videos, and try to come to an educated opinion on how to proceed. Others jump in, head first, and learn from their own mistakes. I'd rather learn from other's mistakes. But while I'm taking time to get informed, others are getting things done. And while you can't compare someone who is trying to get free advice and leads to someone trying to sell you on their services, both are plunging ahead.
And what is the matter with, if you are in turnkey solutions, someone asking if you have any leads on other deals? You can't pass along something you may have come across, and weren't interested, to someone else who might run with it?
Again, I'm not asking you to be their entire solution. But in the time it takes to insult someone and get rid of them, you might have been able to give your two sentence pitch on why they are wrong for not considering your services, and how you benefit the deal. If you aren't a salesman, and don't want to be bothered, then I can understand why you would drop the conversation as soon as you can. Go for the easy stuff. The people who know what they're doing.
And I also didn't say that you should take over their decision making and put in an entire business plan for them. If there weren't a variety of ways to profitably have a REI career, most investors would fail. Because not every method works for everyone.
I also must have missed the part where you (the "you" being anyone that disagrees with me... haha) were a beginner, starting out, and learned everything from books and didn't make any mistakes. We all have different personalities that affect how we deal with life. I don't demand anybody change. Just offering my opinions and challenging anyone to consider if a different approach may find business and profit where they never considered before.
And here is my Lamborghini / dream:

"I don't want to buy turnkey, but hoping you would help me find a deal."
Yes! That is going to cost you $500 / hr with a $5,000 retainer.

haha
Or a Guru $30,000 for what is free on YouTube or Bigger Pockets lol
real estate you never retire its a lifestyle you know that !!
Nah mate,
When my crypto goes Lambo to the moon so will I haha
Regional banks are killing mate
Got all my eggs on 1 basket ehhh
3x leverage
Gambling much? ehhh
I have some FTX to sell you.

I didn't put any money into that scam. I called SBF out from day one,

Glad I could stir the hornet's nest.
First, I didn't say you were suppose to be anybody's entire education, or source of leads. But everybody has their own way of learning, talking, and getting things done. I can, and do, read books, watch YouTube videos, and try to come to an educated opinion on how to proceed. Others jump in, head first, and learn from their own mistakes. I'd rather learn from other's mistakes. But while I'm taking time to get informed, others are getting things done. And while you can't compare someone who is trying to get free advice and leads to someone trying to sell you on their services, both are plunging ahead.
And what is the matter with, if you are in turnkey solutions, someone asking if you have any leads on other deals? You can't pass along something you may have come across, and weren't interested, to someone else who might run with it?
Again, I'm not asking you to be their entire solution. But in the time it takes to insult someone and get rid of them, you might have been able to give your two sentence pitch on why they are wrong for not considering your services, and how you benefit the deal. If you aren't a salesman, and don't want to be bothered, then I can understand why you would drop the conversation as soon as you can. Go for the easy stuff. The people who know what they're doing.
And I also didn't say that you should take over their decision making and put in an entire business plan for them. If there weren't a variety of ways to profitably have a REI career, most investors would fail. Because not every method works for everyone.
I also must have missed the part where you (the "you" being anyone that disagrees with me... haha) were a beginner, starting out, and learned everything from books and didn't make any mistakes. We all have different personalities that affect how we deal with life. I don't demand anybody change. Just offering my opinions and challenging anyone to consider if a different approach may find business and profit where they never considered before.
And here is my Lamborghini / dream:

8 posts. Really?

Glad I could stir the hornet's nest.
First, I didn't say you were suppose to be anybody's entire education, or source of leads. But everybody has their own way of learning, talking, and getting things done. I can, and do, read books, watch YouTube videos, and try to come to an educated opinion on how to proceed. Others jump in, head first, and learn from their own mistakes. I'd rather learn from other's mistakes. But while I'm taking time to get informed, others are getting things done. And while you can't compare someone who is trying to get free advice and leads to someone trying to sell you on their services, both are plunging ahead.
And what is the matter with, if you are in turnkey solutions, someone asking if you have any leads on other deals? You can't pass along something you may have come across, and weren't interested, to someone else who might run with it?
Again, I'm not asking you to be their entire solution. But in the time it takes to insult someone and get rid of them, you might have been able to give your two sentence pitch on why they are wrong for not considering your services, and how you benefit the deal. If you aren't a salesman, and don't want to be bothered, then I can understand why you would drop the conversation as soon as you can. Go for the easy stuff. The people who know what they're doing.
And I also didn't say that you should take over their decision making and put in an entire business plan for them. If there weren't a variety of ways to profitably have a REI career, most investors would fail. Because not every method works for everyone.
I also must have missed the part where you (the "you" being anyone that disagrees with me... haha) were a beginner, starting out, and learned everything from books and didn't make any mistakes. We all have different personalities that affect how we deal with life. I don't demand anybody change. Just offering my opinions and challenging anyone to consider if a different approach may find business and profit where they never considered before.
And here is my Lamborghini / dream:

"I don't want to buy turnkey, but hoping you would help me find a deal."
Yes! That is going to cost you $500 / hr with a $5,000 retainer.

haha
Or a Guru $30,000 for what is free on YouTube or Bigger Pockets lol
real estate you never retire its a lifestyle you know that !!
Nah mate,
When my crypto goes Lambo to the moon so will I haha
Regional banks are killing mate
Got all my eggs on 1 basket ehhh
3x leverage
Gambling much? ehhh
I have some FTX to sell you.

Crypto incels are for the most part basement dwelling losers with blowuop dolls and pornhub vip! No loss!!!

Yes I get many of these calls too, but I also have a lot of investors that are willing to put the work in and just need some guidance. I try not to get frustrated or upset, and just try to set boundaries and let them know I won't do the work for them.
Someone said it looked cheap and needs a professional design. I said it's perfect the way it is. Gurus deserve it!
Glad I could stir the hornet's nest.
First, I didn't say you were suppose to be anybody's entire education, or source of leads. But everybody has their own way of learning, talking, and getting things done. I can, and do, read books, watch YouTube videos, and try to come to an educated opinion on how to proceed. Others jump in, head first, and learn from their own mistakes. I'd rather learn from other's mistakes. But while I'm taking time to get informed, others are getting things done. And while you can't compare someone who is trying to get free advice and leads to someone trying to sell you on their services, both are plunging ahead.
And what is the matter with, if you are in turnkey solutions, someone asking if you have any leads on other deals? You can't pass along something you may have come across, and weren't interested, to someone else who might run with it?
Again, I'm not asking you to be their entire solution. But in the time it takes to insult someone and get rid of them, you might have been able to give your two sentence pitch on why they are wrong for not considering your services, and how you benefit the deal. If you aren't a salesman, and don't want to be bothered, then I can understand why you would drop the conversation as soon as you can. Go for the easy stuff. The people who know what they're doing.
And I also didn't say that you should take over their decision making and put in an entire business plan for them. If there weren't a variety of ways to profitably have a REI career, most investors would fail. Because not every method works for everyone.
I also must have missed the part where you (the "you" being anyone that disagrees with me... haha) were a beginner, starting out, and learned everything from books and didn't make any mistakes. We all have different personalities that affect how we deal with life. I don't demand anybody change. Just offering my opinions and challenging anyone to consider if a different approach may find business and profit where they never considered before.
And here is my Lamborghini / dream:

8 posts. Really?
