All Forum Posts by: Rapy Narruhn

Hey Guys! 

I hope all is well with you, your team, and family. 

My question is...

If you were to invest your money in a syndication or crowdfund, in your opinion, what are the most important questions to ask or know answers to before investing your money? What would help make you trust them with investing your money? 

Thank you in advance!

Great job on being 100% transparent and vulnerable with your situation at hand, Michael. You'll soon go from "door-less investor" to "250+ doors investor."

Welcome to BP @David King! 

I agree with Rob and Jacob. I personally did the same thing you're doing. After what seemed like a million no's, I finally came across someone who was willing to teach me. I was an intern with the chance to make a commission if I closed on any deals. I did that for about 12 months. During that time, I was still putting in about 110 - 120 hours every two weeks at my 9 - 5. I DID NOT close any deals at all for that whole 12 months. I remember wanting to quit during the summer. I remember thinking this real estate gig might have not really been for me. And then by the next year, I closed on nearly 20 properties. I would advise to always keep it pushing. Malcolm Gladwell says you have to at least put in about 10,000 hours of "deliberate practice" to become world-class in any field. That includes real estate. Always listen more than you speak. Continue to have a mind of a student and not a master. I could give you more advice but I think those 3 simple ones will be the ones to carry you to where you want to be. 

Best regards,

@Elbert D.

Definitely jump on that when you can. Just type in chicago illinois in the search bar and click on the "people" link. 

@Elbert D. Welcome to BP, 

I would research local investors in the area and just ask them out to coffee. If you haven't read the book by Dale Carnegie, "How to Win Friends and Influence People," I highly recommend it. That's how I got started. Asked them out to coffee and followed the same practices that the book spoke about. Most of the books and seminars you will watch, if they are honest and passionate about what they do, they will preach that the value of wealth is giving. Another route is just to join your local REIA group and network there. It will probably cost you $150-200 but it is well worth it. Plus you can write it off on your taxes when tax season comes along.

Best regards.

I agree with @David Dachtera. 

Usually if you do a good job, when you run your own comps using online services like Zillow, Redfin, etc.. they will come pretty close in comparison with a realtor's comps.

Congrats @THU NGUYEN!! 

Congrats @Angelica Osusky!! Amazing Job

I would say the more the better and if they're good leads, even better. It all comes down to the quality of lead. 25 leads that lead to 5 closings is better than 50 leads that lead to 0 closings. Russell Clark Best regards.

Roger that @Account Closed