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Updated almost 8 years ago,
Frustrated in Dallas....
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