Real Estate Agent · Dayton, OH · Member since 2015 · 86 posts · 36 votes
Hey Everyone,
My name is Rod and I attended a 3 day workshop in May last year on real estate investing. I kept putting it off and putting it off. My friend and partner always came up with excuses of why we wouldn't start.
Since joining BP a few weeks ago I have been able to learn a wealth of information and really boost my confidence. We have laid the ground works for our business. And started created weekly action plans.
We have learned that the real secret to getting the first deal is to get off our duffs and get working. We haven't found that deal yet, but we will very soon.
Welcome to BP, and congrats on getting started early. I wish I had started when I read my first real estate book, instead of 20 years later. However, late or early, Real Estate works well, very well.
My name is Rod and I attended a 3 day workshop in May last year on real estate investing. I kept putting it off and putting it off. My friend and partner always came up with excuses of why we wouldn't start.
Since joining BP a few weeks ago I have been able to learn a wealth of information and really boost my confidence. We have laid the ground works for our business. And started created weekly action plans.
We have learned that the real secret to getting the first deal is to get off our duffs and get working. We haven't found that deal yet, but we will very soon.
Thanks for all the help and support,
Rod
Awesome stuff Roger,
Get busy working those numbers. Real Estate is a numbers game ;)
Welcome to BP, and congrats on getting started early. I wish I had started when I read my first real estate book, instead of 20 years later. However, late or early, Real Estate works well, very well.
I agree with @Engelo Rumora. The more numbers you run, the more confidence you'll have in determining good vs bad deals. I know this isn't a concrete rule, but consider the 100:10:1 rule. For every 100 deals you look at, you may place offers on 10 of them, and one offer may be accepted. Just keep plugging.
I agree with @Engelo Rumora. The more numbers you run, the more confidence you'll have in determining good vs bad deals. I know this isn't a concrete rule, but consider the 100:10:1 rule. For every 100 deals you look at, you may place offers on 10 of them, and one offer may be accepted. Just keep plugging.
welcome Roger, I Live in Florida and invest in Dayton and NY . Dayton is a great buy and hold market for investors. Please contact me if I can be of any help to you.
By the way my email is incorrect on the bottom of the post not sure why I changed it on the system.