All Forum Posts by: Tyler McLeod

Welcome Sam! 

I am also new to BP and REI. I currently reside in Pueblo and am looking to do deals in Pueblo and Colorado Springs!

So i have been browsing BP and learning from all the great content! I have spent some time browsing the County Deed Records looking for Notices. I also have been looking at sites such as zillow for pre foreclosures. Would you recommend sending a direct letter to homes that are already in default? I am trying to narrow down and master my strategies for finding the best deals in my area! 

Thanks for all the help!

I have heard from successful wholesalers that no matter how low you feel your offer is stick to your numbers. You need to make sure that there is room for your profit as well as the buyer's profit. This profit for quick deals usually means a buyer buying for around 60% ARV so they have plenty of room to justify a quick deal. Like Steve said you have to make offers. Brandon stated in a webinar that if you Analyze a 100 properties a month make 10 offers and one gets accepted thats not too bad. If you made 7k off that one deal could you justify the time and the 10 other offers you put in? Im new at this as well but I'm learning that it's is a hustle and numbers game! Best of luck to you.

Depending on your state you may not need to use a real estate agent. Using an agent is just going to cut into your profits. There are numerous ways to find deals on your own that do not require a real estate agent. They may require more sweat and hustle but the return will be worth it. I am gaining knowledge as well so i understand where you are at. Learn as much as you can here at BP and get a head start when you turn 18!!!

I would be more than willing, when I can, to attend. Im fairly new and willing to meet and discuss ideas to further my knowledge. 

Thanks guys! I have already gotten in touch with a few local people! 

Hi guys I am completely new to real estate in southern colorado. My interested areas consist mostly of Pueblo but I am also willing to consider Colorado Springs and other areas. I am interested in starting out doing a few wholesale deals to build capital and then eventually move on to Flipping and Rentals.