What exactly would you do with your time if....

Question

So I'm getting laid off from my day job starting Sept. 1. The office I work in is closing so 62 of us are getting terminated.

My wife and will be able to survive on the decreased income that I will be receiving from state unemployment; but just barely so.

I want to really ramp up my wholesaling efforts. I am also a beginner Internet affiliate marketer (haven't seen any income role in yet, but doing SEO for you sites takes a while). So taking into consideration I will be staying home with my newborn son and that my income is decreasing; my question is, what exactly would you do with your time if you were in my shoes.

edit: I am currently working on a very promising SFR wholesale deal and I currently have a mobile home under contract. Looks like the mobile will sell on Monday or Tuesday for $6000 more than what I have it under contract for.

Steve L. · Answer

I would try to find a couple local medium to large buy-sell investors (10+ deals a year) and partner with them.  You give them first shot at any properties you find.  They explain their specific criteria and metrics so you aren't guessing.

Then I would hit the pavement hard and try to find properties for them. Work for cheap, so they keep coming back.  Or work 50% of your fee upfront and a small piece of the profit.  That way if it becomes a stinker...

Chris G. · Answer

I hear you Don. I never cared before about search engine optimizing my Real Estate websites. I only drove traffic to them from online classifieds and my direct marketing campaigns.

But now that I know what to do to drive traffic to my sites, I am working on it now.

Unfortunately SEO isn't an over night thing. It is a game that requires much patience.

Don Wallace · Answer

Internet marketing and wholesaling doesnt have to be an either or type of thing.  Internet marketing for wholesale deals or any deals for that matter is no doubt the way all things are headed.  Admittedly, I'm way behind on this stuff so I just bit the bullet and spent $97 on some guru course that Im pretty happy with so far but well see.