All Forum Posts by: Teal Lambert
Teal Lambert has started 4 posts and replied 45 times.
Post: Review of first full year of wholesaling

- Queen City, TX
- Posts 50
- Votes 6
That's awesome. Hopefully we can work together on something in the future. I love your attitude. We all on here need to work together.
Post: First deal is closing today! Let me know how you think I did!

- Queen City, TX
- Posts 50
- Votes 6
sounds solid. Although maintenance figures are low. But still a good deal. Remember this, a good PM is worth it. They at least for me have been hard to find
Post: Other investments

- Queen City, TX
- Posts 50
- Votes 6
I guess only meat no milk. I still buy that from Wal-Mart
Post: Other investments

- Queen City, TX
- Posts 50
- Votes 6
Easy money if you ask me. Of course I grew up in the industry.
Post: Other investments

- Queen City, TX
- Posts 50
- Votes 6
yeah it's my bread and butter.
Post: Advice for high school student.

- Queen City, TX
- Posts 50
- Votes 6
Just wholesale your first property. Its an experience I wish I could do again. Like a virgin. lol
Post: Agent wants 2% for not selling a house

- Queen City, TX
- Posts 50
- Votes 6
Actually You sound like someone Ide like to do business with in the future. I wont be greedy. I'll cut you a better deal than this guy.
Post: Buy & Hold partnerships?

- Queen City, TX
- Posts 50
- Votes 6
I'll tell you something else very important about having a partner. You must have very good communication. It's 50/50 you cant make a decision without first making sure they are on board and vise versa. It get complicated, but I will say this on record" I couldn't have done the best deals of my life without having a good business partner to help me."
Post: Buy & Hold partnerships?

- Queen City, TX
- Posts 50
- Votes 6
Look in my experience, as long as money is being made everyone is happy. But, as soon as a deal goes down the drain, which will happen, a partner will blame you, and you will blame your partner. You really have to have a good working relationship and above all a solid trust in someone before you go into business with them.
You have to be willing to put in a lot of leg work, time, and frustration if you have no money or even if you do have the capital. It is very possible though to make good money at it. No offence to the agents out there, but most are lazy and don't hustle to get the deal done. Point blank if you find a "good deal" odds are you can find someone willing to invest so that you and they make money from it. It all about making a "GOOD DEAL"