All Forum Posts by: Russell Ponce

You've gotten great responses above. The only thing I can add is that I prefer using Listsource. That way I have total control and it doesnt cost much.

The mail fulfillment companies are very helpful in helping with criteria and strategy.

Jerry Pucket had a similar situation when he started (podcast #21).

He got a job in REI working from home that led him to going off on his own

@Larmon Cummings Jr Awesome! Great lesson there for all of us to remember to be conservative with ARV. Looking forward to hearing about 2nd deal.

Jack Bosche has stuff on flipping land as well. Ive never checked it out, though.

Wholesaling is very active but you can leverage other peoples' efforts and create efficient systems and run it like a business.

@Account Closed I know you are intetested in multiple strategies, but for me I would focus on wholesaling and use the money on marketing

Lots of good LA people here on bp to network with. Good luck!

If I had money starting out I would study Rehabbing (fix & flip)

If you are interested in real estate there are jobs in the real estate sector: realtor, working as or for a mortgage broker, property manager, etc.

This site is for real estate investors and those interested in real estate investing. I like the idea above of purchasing a duplex and living in one of the units. Be careful of wholesaling, it sounds attractive and exciting but even though it is simple it isnt necessarily easy and most people fail. 

You've received good advice above. Reduce expenses, look for ways to increase income, and educate yourself. In five years your life will reflect what you are thinking and doing today. Some other books are Rich Dad Poor Dad, Think and Grow Rich, Richest Man in Babylon, and Millionaire Course. Also check out It Works, only a few bucks on Amazon.

Good Luck!

@Michael Quarles Not at all, thanks for feedback. 

When you say selling retail without exposure: Exposure to mls? Exposure to risk? Exposure to what exactly?