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Updated over 7 years ago on . Most recent reply
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Motivated to take action
Hello BP family!
Ever since I joined the BP a couple of years ago and read many inspiring stories, I FINALLY decided to take major action and quit a solid paying career as a surgical device sales rep to focus on REI full time (I decided to go all in and apply the sink or swim method). I don't have initial capital to invest; however, I've read from the forums that I need to create value for to the REI community so I decided the most logical next step is to get my RE license.
I am extremely motivated and hardworking; after I set my mind on a goal, there is no stopping me. After quitting 2.5 months ago, I have taken the required curriculum and successfully passed my California RE exam. Now, I'm waiting to receive my license in the mail as we speak. Understanding that continuous education in real estate is important I've listened to the BP podcasts, BP webinar classes, read the following books (just to name a few):
- Rich Dad Poor Dad
- Cash Flow Quadrant
- Investing in Duplexes, Triplexes, and Quads by Larry Loftis
-Guide to Buying and Selling Apartment Buildings by Steve Berges
- The Book on Flipping Houses
-The book on Estimating Rehab Costs
I'm writing this post to hopefully find someone out there who can walk me through a deal from start to finish. I want to learn how to find deals, run the numbers, and find investors to fund them. In return, I'll do ANYTHING that adds value to your REI deals whether it be driving for dollars, writing hand-written notes to potential home-owners you want to buy from, picking up phone-calls from tenants you don't want to deal with, making spreadsheets for you, tiling the kitchen or bathroom, pulling out the toilet you don't want to touch... anything that brings you value. At the very least, I could buy you get a free lunch and I can pick your brain for 30 minutes.
Otherwise, I would love to get any and all advice on the best steps of how to build a successful REI career here.
Thank you BP family! I am really excited to embark on this new adventure in my life and hope to get to share it with you from here on out!
Most Popular Reply
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If you are good at sale and marketing, lead generation might fit your background.
If you have leads, I will flip them. You get a finder fee.
Find leads in alameda county, where you live, or nearby areas. You can get the contact info from title companies.
Purchase price under 800k for SFR or townhouses, needs significant rehab, prefer really bad houses in nicer areas:
Fire ok
Flood ok
Code violation great
Mold ok
Asbestos ok
You can see how we do it in person, with all the financial numbers.