Frustrated in Dallas....

[Ryne V.]

I'm sure everybody has had those days when you're starting out that one day you feel like you're on the verge of having a break through and the next you feel like you're going in circles...... well for me, today seemed like the longest carousel ride ever... You see, I come from a line of family and friends who have no idea about investing or know anyone who does invest in real estate. So I've self educated myself over the past 5-6 months and I've managed to get a couple buddies on board for my first property which we just got a last week. But I want more than a 1/3 of one place. I know that I could generate some big profits but it's a rare strategy so many people either blow it off right away, give you the run around or automatically shun you off because you're a newbie. And I think what I'm asking for is reasonable. 15-20% of the bookings to completely manage an str isn't a crazy figure is it? I quit my job recently in order to move to Dallas and dedicate myself to this full time cuz I know it'll work and start me on my path of being able to invest on my own. It's only been a few days and I know that in order for this idea to take off I need to get out there and meet local investors but the few meetups I've gone to all seem to be gurus trying to get you to join their "super special, one time only, half off of the half off price, you won't succeed without it, class." Where are the investors who just like to drink a beer and shoot the breeze or the ones who do a favor for a favor? They are like the chupacabra. You hear about them but you never see them..... Needed that! It was either drink a beer or type my frustrations out. So I did both haha

[George Taylor]

@Ryne V. Keep your head up... You have to throw a lot of spaghetti to the wall before something sticks. If I closed on every HML that came through I would've made about 22MM this year so far. Guess what didn't happen..lol. You are not alone with feeling this way as I've felt it several times just this past week. The best thing about the real estate investing field is that there are a thousand ways to make money, you aren't confined to only one thing. My background is in law enforcement, firefighting, and collateral recovery and NOTHING compares to this field, it's so addictive and rewarding and heartbreaking all at the same time. If you can soldier through the first couple of bad days you'll be just fine. And that goes to anyone out there just starting out and are second guessing themselves.. Hope this helps a little and if anyone needs to blow off some steam then just hit me up with a message. And by the way. just remember.. God is great, beer is good, and people are crazy..