All Forum Posts by: Zach Schaar

Go to your local real estate meetings, post ads on Craigslist, talk to people and network. Surely, you will find someone that way. For example Bigger Pockets, I've meant tons of qualified realtors to help me with my needs as far as wholesaling.

A good tip a wise man once gave me, "Make it a point to talk to atleast 25 people a day". The more people you talk too, the better the opportunities you will have.

Best of luck to you!

Zach

Welcome! I am from Columbus, Ohio as well.

@Mary Blomquist

The best way to find out is by doing a trial period. If you track your marketing results, I would just do it for a week, month, etc and see how your results compare to other forms of marketing you're currently doing.

I have not done yellow letters but I have done bandit signs in and around mid-high level income areas and have had good results!

Best of luck to you.

Welome, @Kyle Wigmore from Columbus, Ohio.

Welcome to Bigger Pockets! I hope you learn as much as I have here.

I would give it a trial period! Since every market is different, it's really trial and error. Keep track of your results and let me know how it works! I like the idea.

Good Luck!

I agree with @Jose Reyes

After reading a few of his books, alot of it is very very basic information watered down with useless back information. With that said, back to my original post, I think it is a great place to start, by reading his books. But once you get more into the business you will quickly outgrow what they have to offer.

What would I suggest? Read everything you can Mr. Kiyosaki writes, and take advantage of his free webinar classes (i've learned a TON there), but I wouldn't necessarily spend any money on the seminars he tries to sell, because, just like the book, it's 90% background info you don't need.

Hope this helps =)

Whenever I make an offer way less than what the seller is asking, I am completely honest and open about it. I show them the numbers (comparable sales, etc), market conditions, everything I've got. Then I explain to them that I am in business to make money as well.

The simpler you put it, and the more evidence you have as to why you're offering what you are, the better off you will be. It also helps keep things professional when everything you do and say is backed by documented reason! That's exactly how I do it, and I've offered 50% lower than sellers asking price and I've never offended any of them.

Good luck, you'll find a niche and do well!

Zach

There is a ton of conflicting info on the Rich Dad Poor Dad business. In my opinion, most of his information is good, and it is helpful, but it's not always completely realistic. I've read a couple of his books.

In regards of him being a scam, I watched this video the news did on him awhile back I thought was interesting... http://www.youtube.com/watch?v=HE6nT0oyPt8

Although I must say, I've not spent a dime through Rich Dad Poor Dad with the exception of the books, and I've learned a ton. So I don't really feel as if I personally was scammed. Watch the report, it is very interesting.

@Joe Butcher

I agree with Wes, you would want to see first if the loan is assumable, and then look at your numbers. If you're making positive cash flow and there's equity in the house, that's a sign of something good.

I would figure out how far he is behind before anything else. That's kind of going to determine whether or not it's worth it or not, atleast in my opinion.

Now assuming there is equity and he isn't too terribly far behind, I would also take into consideration the extent of the termite and foundation issues as you stated earlier. You don't want to open a can of worms!

Best of Luck!