All Forum Posts by: Jon Lee

@Mike Burke...practice talking to sellers by calling Craigslist ads.  For each call focus on only three things: 1) build rapport; 2) Dig for distress, motivation, and/or  flexibility in the seller; 3) write down on paper whatever the sellers says...no matter how crazy what they say sounds.  

You don't have to know everything...people sell to those they like.

Hope this helps!

Well said @John Olson!

@Brian Haase...don't know if you are focusing on flips or buy & hold but as long as the deal is strustured properly according to you invesitng model..you will be fine.  Best to keep it conservative since it's a secondary income for you.  Best of luck!

@Kristal Pecherski....Especially starting out; it's always harder to find the property than the money.  Just know that if you have a property structured "deal"...there will always be money available whether it's hard money, portfolio lending, or private money.  Focus on finding the "deal"...the money will be waiting.

@C'era Oliveira...Welcome to BP & the investing game!  There's nothing like working for yourself in your own business.  I'm local here in Vegas and run an Investment group....I would be happy to help point you in the right direction here locally.  I'll reach out you to connect.  

Many busy professionals seem to have the same problem. They want to invest in some asset(s) that provide a greater return on their money than their retirement accounts BUT they often don't have the time to educate themselves on what type of opportunities to be ACTIVE investors so they have to explore options for PASSIVE investments.

This discussion group is designed to be an informal get together where those who have curiosity and capital can come to meet & learn from highly successful experts investors in various fields like:

- Residential Real Estate

- Commercial Real Estate

- Notes & Mortgages

The group is FREE to attend and there WILL BE NO SALES PITCHES given by any of the experts....just great & insightful conversations! SPACE IS LIMITED to 15 attendees.....TAKE THE OPPORTUNITY TO SEE WHAT ELSE IS AVAILABLE TO HELP YOU REACH YOUR FINANCIAL/RETIREMENT GOALS...RSVP TODAY!

Date & Time: Aug 9th (6:00-8:00 pm)

Venue: Redflint Experience Center (300 S. 4th St., #180, Las Vegas, NV 89101)

The Redflint is located in the downtown area on 4th street facing east. Street parking is free after 6pm and there are nearby parking garages that are free after 6pm also. Information on those parking areas will be added very soon!

We look forward to seeing at the discussion group! If you have any questions at all concerning this meeting or investing in general...don't hesitate to reach out to me (my contact info is below this post)!

AGAIN...SPACE IS LIMITED...RSVP TODAY!

If you're in Las Vegas...tomorrow is Lunch & "BS" with the Outback Real Estate Investment Network!  I look forward to seeing you all there!

That's right @Jake Hart...numbers won't steer you wrong.  $500 monthly cashflow is not bad at all....especially when considering you ONLY put in $18k.  On it's face...that's a 33% cash on cash return...that is smoking hot return on investment!!!!!

@Shenise America Tavares...I don't take your fear lightly AND it really is as easy as you see when you run numbers on a calculator.  I HIGHLY suggest that you connect and network with experienced investors in your area.  If you bust your rear to take action...there are folks who will meet you halfway.  Find a local investor meeting and connect with those who can help you.

@Account Closed....the way to get over your fears is to go network with your local REIA and/or investor Meetup groups and find an experience investor that you can tag along with to experience a deal or two being completed. You rely on their experience, their belief, and their criteria & investing model to see how it is done right. There is nothing wrong with learning by experiencing through someone else...just know that after that is done a few times you should have no reason to not do it yourselves. Best of luck to all of you!