All Forum Posts by: David Bokman

I highly suggest you go to one of your local REI Meetup's, there's actually one tonight! If your serious about finding someone to mentor you, you need to do some face to face networking or something to standout from the crowd. I see this exact same message about 10x's a day from people all over the area. What kind of "deals" are you working on? Cash buyers are investors......real estate investing is a really vague term....it could mean anything from wholesaling, flipping and holding. There are a ton of good resources on this site that pretty much answer all of your questions.....I would start listening to ALL of the podcasts and start reading and educating yourself.

Just my 2 cents....

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Originally posted by @Jeffrey Giffin:

Hello David. I am in northern Wilmington and I have been in the market for a buy and hold investment. Please add me. thanks!

Jeffrey - it's a pleasure...please shoot me over your email and I'll be sure to add you to the list.

David

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Hello my fellow Philadelphians!!!!

Just doing a "reintroduction" to be able to connect with more local REI.

Just a quick intro: 15+ years in sales and marketing within the medical sales arena. Currently freelance and consult with major corporations, start ups and other businesses. Slowing transitioning to full time REI.

Already successfully wholesaling and investing within the major Philadelphia area. We have everything from residential, multi family, raw land and commercial properties available. Looking to connect with more cash buyers outside of Philadelphia such as Delaware, Bucks and Monto counties to build long lasting relationships. If you'd like to join our Buyers List please contact me with your email address.

Hope everyone has a great weekend and look forward to connecting!

PS. I will be at next weeks REI meeting if anyone would like to connect face to face.

2 Votes

2 things in my view:

1. Deals - and consistent deals not just 1 and done.

2. Professionalism - and I say this because I believe without it you won't be able to build lasting relationships with your investors for the long term.

Best of luck..

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What was the reason for joining the REI firm as opposed to doing it yourself? Just curious....

I also left my full time job in medical sales of (13yrs), but instead of leaving it completely I decided to freelance as a consultant....the income I make from that is used to pay for my wholesaling business and investments. The goal is definitely REI full time...so congrats on the move and look forward to seeing your update.

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Looking to connect with any REI who invests in the area mainly for buy and holds. We have a potential commercial space with a residential apartment attached (already has tenant) in a great area of town.

Most of our investors and our focus is in Philadelphia so looking to expand our network of buyers in the Monto area as well as delaware county.

Please feel free to connect if you do anything with commercial properties in the area or looking to potentially network for down the line.

Best,

David

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I highly suggest you link up with someone in the area and learn more about it if not even take a trip down here. Philly is a block by block city and if you invest on the wrong block your screwed! We see many out of state investors get burned big time by thinking just because the price seems good, doesnt mean its a good investment. If you don't know anything about the area I'd be very careful and cautious.....just my 2 cents.

1 Vote

Originally posted by @Jesenia Rodriguez:

Originally posted by @David Bokman:

I don't mean to be negative here one bit.....BUT you have to ask the right questions in order to get the help you need. Asking such a general question like how do I start or what do I do is not the right questions to be asking. So many people are rushing to jump into REI but don't know anything about the industry, how to evaluate properties, evaluate construction costs, set up a business plan, understand how to read a cash flow statement.

Instead of asking yourself how do I start....you should be asking yourself is this business right for me? Are you good at sales and marketing? And if so, what experience do you have? Are you able to network with people you don't know? Have you been to any local REI meetings and networked with any of the local players in your market? NO? Why not?

If you have no money....your first investment should be education. 2nd you should try and find a mentor in your local area who willing to help you and teach you the business. Have you started wholesaling yet since you have no cash? Do you know what wholesaling is? Do you know what a "bird dog" is?

Without the proper knowledge, network and funds....this can be a very challenging business for anyone to get involved in. Just my 2 cents.....

Exactly my point how do I start! ! Not necessarily meaning jump right into but more so matetial on learning how to get begin. I'm sure there was a time when you didnt know anything which is my reason for being on Bigger pockets so that I can learn. Appreciate your feedback as I will utilize what you have mentioned. Thank you very much

Jesenia,

You start by starting!!! In order to wholesale you have to find properties to buy.....have you done anything to locate potential sellers? Have you put up any signs? Posted any craiglist ads? Mailed any letters? Made calls to sellers? Knocked on doors? Told everyone you know what your doing? Those are all action items that you could be doing TODAY to start your business.

There comes a point in life were you can't keep reading and researching...you will never learn what real life experience can teach. If you want to start wholesaling I suggest you do everything you can to start finding those "deals".

Just my 2 cents again.....

David

0 Votes

I'm planning on being at the meeting, I wholesale and also rehab. Feel free to connect anytime and I'm happy assist.

David

1 Vote

All Forum Posts by: David Bokman

David Bokman has started 12 posts and replied 418 times.

Post: Wholesaling

Post: Wholesaling

Post: Hello Philadelphia and Surround Counties!!!!

Post: Hello Philadelphia and Surround Counties!!!!

Post: What do investors look for in wholesalers?

Post: Leap of Faith from Part Time to Full Time Wholesaler

Post: Any REI's in Willow Grove PA??

Post: Where should I buy?

Post: How do I get started in real estate investing?

Post: Starting Wholesaling