All Forum Posts by: Ben G.

@Jose Diaz  What is the payment every month on your loan payment if you don't mind me asking? 

@Jose Diaz  surely your monthly expense could easily be covered by the income you could produce from just one deal.  Would you spend $1,000 to make $2,000?  If so, then why wouldn't you spend $1,000 to make $5,000.  I would spend $5,000 to make $1,000.  One could argue that putting a down payment on a house is riskier than investing that money into yourself by marketing for a deal.  

@Fednel Vilcant  search "probate" on this site and I'm sure you'll find a wealth of information that can help you along the say.  

@Sandra Roddy and

@Alejandro Lisson Ramirez 

I think the most important aspect of turn key investing is to have someone local who you can trust as your boots on the ground.  Someone who doesn't work for any one particular turn key company in particular, but rather someone who looks to serve your interest.  

I agree with Sandra when she calls out of state investors brave souls.  I can't imagine doing it without having boots on the ground locally.

@Fednel Vilcant  Have you considered Probate Leads?

@Sharon Vornholt  has a great article on the subject.

@Jamil Cherry  this should help answer your question, my personal favorite is D4D...

Cheap ways to find wholesale deals

@Jose Diaz  There are other ways to invest in real estate. 

@Curt Davis  If he has time to invest as well, then I suggest he invest in himself.  One way he can do that is by marketing for motivated sellers in his farm area.  If he mails to a list of 1000 absentee owners it should cost him no more than $1,000 if he outsources the mailing of these letters.  To me, this is far better than investing in a down payment on one house.  That way, he can learn while talking to sellers, networking with buyers, and closing deals. If he closes just one deal he could easily net $5,000 or more on that one deal, and gain a ton of experience along the way. 

Jason do what I did and start marketing for motivated sellers, and talking to them on the phone to get your business off the ground.  Don't waste your money on logos, or websites, or business plans, until you have some deals under your belt.  

Can you believe I still don't have business cards?  I better get on that!

@Jason Powell  I'm assuming you have all credit cards paid off and other forms of consumer debt.  I'm also assuming that you have a 6-8 month liquid emergency fund set up should something prevent you from working?

If I were you I would invest that money into marketing for motivated sellers.  When I started out, most of my money was invested into marketing to help get me started and build my pipeline of motivated seller leads in Indianapolis. 

There are many real estate agents and brokers in Indianapolis who still wholesale properties that they get under contract or purchase.  It's all about disclosure to all parties involved in the transaction.