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Updated almost 9 years ago on . Most recent reply
My 1 month Challenge . Realistic ?
Hi my name is Cyril,
First, I am a real estate agent working with sellers for the last 4 years and now I'm looking to become an investor.
I have no funds and not that great credit and need to get some $$ as soon as I can...so If I'm not wrong, wholesale might be the right type of invest to start in my case. I'm planning to be a landlord in the future and do some flip sometimes. As a Real estate agent, I do a lot of cold calls and i'm familiar with expired listing, fsbo,and just classic cold calls..so I started to create a buyer database that might be my potentials buyers in the future. I'm going in 2 days to an investors meeting for the first time and I'm now part of this forum to learn how to do my first deal and I really really realy REALLY want to do it in the next 30 days ! Do you guys think it's possible ? Where or how should I "Fast start " ?
Most Popular Reply
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- Lender
- Greater LA/Orange County area, CA
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"Hello world. Here I am!"
Exactly what value do you intend to create?
I started in RE full time after I was fired from my day job. Since I was unemployed (and unemployable) I knew that I needed to figure something out...and fast!
While my academic background is marketing and finance, I knew that no one I would meet or draw to me cared unless there was something that I could do to help them. Also, if they did not gave an identifiable problem then there was nothing that they truly needed.
So, I set about double time to study and increase my knowledge of both real estate principals and the skills required to become a broker, then got my license, all while working as a loan officer for others in order to learn the business.
I broke off on my own after a year and studied both marketing and advertising while really drilling down on my niche area of expertise: foreclosure, title and probate.
After working diligently and closing many brokered deals, I felt I had enough skills and deals behind me to work with attorneys and other legal professionals who require a very high understanding of the world that they live in
It's a given that only a handful of people will survive and thrive in real estate, as either business service providers or investors. What are you willing to give up today in order that you may reap the benefits later?