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Updated about 16 years ago on . Most recent reply

User Stats

471
Posts
97
Votes
Robert Burns
  • Wholesaler
  • Baton Rouge, LA
97
Votes |
471
Posts

It's Now or Never!

Robert Burns
  • Wholesaler
  • Baton Rouge, LA
Posted

While I've been fooling around with REI for almost a year now without any deals. You guessed it the operative words are "fooling around". I'm retiring in 4.5 months and need additional income ($5,000- $10,000) / month to live comfortably on top of my underfunded (read stock market decline) retirement income. My goal all along was to become proficient in wholesaling for it's simplicty and although it does not generate passive income, I have the energy and determination to start there and then buy and hold when my finances permit. I've read many books, bought several programs but have not consistently implemented a plan to make it happen. I know from many posts by investors on the forum that my goals are very realistic is all about doing the work. I'm therefore making a public commitment to this forum and its high quality members, you will hearing a lot from me about the deals I am working and the success I am having. Any comments, suggestions, encouragement, true life stories, or other helpful replies will be greatly appreciated.

If there is a consensus #1 step, what would that be!!!!

Sincerely,
"Coyote" Bob Burns
Baton Rouge, LA
"Let's Roll!"

Most Popular Reply

User Stats

509
Posts
178
Votes
Jeff Warner
  • Real Estate Investor
  • North Central Arkansas
178
Votes |
509
Posts
Jeff Warner
  • Real Estate Investor
  • North Central Arkansas
Replied
Originally posted by Robert Burns:
While I've been fooling around with REI for almost a year now without any deals. You guessed it the operative words are "fooling around". I'm retiring in 4.5 months and need additional income ($5,000- $10,000) / month to live comfortably on top of my underfunded (read stock market decline) retirement income. My goal all along was to become proficient in wholesaling for it's simplicty and although it does not generate passive income, I have the energy and determination to start there and then buy and hold when my finances permit. I've read many books, bought several programs but have not consistently implemented a plan to make it happen. I know from many posts by investors on the forum that my goals are very realistic is all about doing the work. I'm therefore making a public commitment to this forum and its high quality members, you will hearing a lot from me about the deals I am working and the success I am having. Any comments, suggestions, encouragement, true life stories, or other helpful replies will be greatly appreciated.

If there is a consensus #1 step, what would that be!!!!

Sincerely,
"Coyote" Bob Burns
Baton Rouge, LA
"Let's Roll!"



Robert,

What have you done so far to get started? There is a great article I just read written by Stephani in FL about building your buyers list, you can see that article here:

http://www.biggerpockets.com/renewsblog/2009/08/06/easy-ways-build-wholesale-buyers-list/

I would also put up bandit signs to get your phone ringing with potential deals. Jon said it best:

Step 1A - Find deals.
Step 1B - Find buyers.

You need both buyers and deals and you should be looking for them all the time.

Jeff

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