Trouble competing as part time investor!

[Vic Vega]

Hey Everyone!

Thanks for checking in. So I'm extremely interested in real estate for a little while now and have been actively education myself and researching/scanning my local market for potential properties. However, I feel a bit stuck at the moment and allow me to explain.

So I own a successful small business which is great but of course it requires A LOT of my time. Therefore real estate investing would have to be a part time venture in comparison. It puts me at a bit of disadvantage compared to investors who work full time every day in real estate. Not so much just the time factor but those guys/gals are typically able to have better connections and more resources. They're doing multiple - to many rehabs at a time allowing them to leverage their resources better. And as I've experienced, outbid me on deals bc they can make the higher cost work for them overall but it wouldn't work for me doing just one house at a time.

However where there's a will there's a way of course. Just having a lot of trouble finding that way as someone in my position. Any thoughts or guidance would be greatly appreciated!

[John Thedford]

What do you want to do? Rehab and flip? Buy and hold? If you want to buy and hold, market yourself as such. Also, if you have the ability, include POF and stress that you are a true buyer and not a game player. Lots of these marketeers are not real buyers but simply working as unlicensed brokers. If you have funds, you are way ahead of most of the game players. Show your potential seller your POF..and it would not hurt to include a contract as well. Separate yourself from the pack.