All Forum Posts by: Anwar Nasir

 I find that a lot of these companies have customer service issues. It's not about the front man, but everything behind him.

Cameron Dunlap claims to have studied with Carlton Sheets and claims to be offering transactional funding for wholesale deals. When I started getting emails from other affiliates trying to get me to invest in additional resources, it sent up a red flag for me. It's amazing how many of these guys are connected.

I signed up for the mentor program and had issues with the mentors resulting in my cancellation. I did so in the time allotted as specified in the agreement and now I find them sending me a bill for $19,999.81. All I recieved were a few emails but no mentoring. My advice to anyone would be to steer clear of this companies mentor program.

One thing that I suggest is that you add Multifamily investment groups from Facebook to your list of sources for information and connections. The best thing about this is it's a free source for building connections and getting information on local meetings.

I have found that no one source will give you all the helpful information you'll need to be successful.

Greg - Thanks for responding and congrats on your success. I guess that it's true that good things come to those who wait, or at least are patient. Jumping into any investment without knowledge can be a recipe for disaster or great losses. Knowing a market and being within a reasonable distance just seems to make sense especially if you are either working solo or with a small newly formed team. This new virtual investing seems risky and something that requires skills beyond those of a newbie. It seems that most new investors fail to realize or understand the importance of digesting a market and knowing a deal when they see it. They also dont know that every market does not present the same opportunity. But even that depend what your end goal is. A win for one person, is a total loss for another.

Seth first you need to determine which strategy you want to pursue such as wholesale or go the retail route because cash or credit may not be an issue.

Then gather contact information such as who the property owner is, contact them and get it under contract. Once you get it under contract you can simply sell your interest to another investor. This method cost you nothing.

This is a good starting point to build investment capital while you learn.

If you plan to buy and hold or rehab and flip, then you will need either investment partners on conventional funding sources. That route can get expensive.

What is it that you find most attractive about investing in suburban properties and do you invest in the city at all?

If this is a wholesale deal you will need the forms to put it under contract so you can then assign it to your end buyer. Prior to marketing it for sale you'll need to analize the property to determine value. An attorney can help you with the forms and Propstream should have analizing software included. When you put your team together, get your general contractor to do a walkthrough and estimate repairs. Those are just a few of the basics. Hope this was helpful.

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