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Updated over 8 years ago on . Most recent reply

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Amanda Moore
  • Memphis, TN
4
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16
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Feel like giving up!

Amanda Moore
  • Memphis, TN
Posted

I have been at this for a solid year with no success.  I sink $850 per month in direct mail campaigns.  I drive for dollars every weekend.  I have great investors, but nothing to give them.  What am I missing?

I've been told to find a mentor, but all the "mentors" I meet comes at a price that is well over $1,000 per month.  If I were already making money, I'd definitely go for it but it doesn't seem to make sense financially right now.  

Any advice? 

Most Popular Reply

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1,423
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Dean Letfus
  • Specialist
  • Memphis, TN
1,176
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1,423
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Dean Letfus
  • Specialist
  • Memphis, TN
Replied

As you are in Memphis I am stunned you can't find a deal in a year.  There is something fundamentally wrong somewhere in your approach OR your expectations/criteria are unrealistic. I lived in Memphis for a year from overseas and flipped over 150 homes. Deals are everywhere. Everybody goes on about how tight and competitive Memphis is but there are deals everywhere. There is such a large percentage of unsophisticated owners and poor money management that finding a distressed seller is usually as hard as spending 5 minutes at IHOP or a liquor store.

I'm happy to help yo if I can, (NO CHARGE), but I need to know first what exactly are you looking for criteria wise? Stop wasting money on direct mail and let's get you into a deal so you feel like you are getting somewhere.

Feel free to PM or email me if you don't want to talk here in the forum!

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