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Updated over 7 years ago on . Most recent reply

User Stats

15
Posts
1
Votes
Jesse R.
  • Clinton, SC
1
Votes |
15
Posts

Just Trying To Grasp At Anything.

Jesse R.
  • Clinton, SC
Posted
I started my real estate journey about 6 months ago. I have gained 0 properties and have made offers on 3 properties. No deals yet. I have have obtained my business license. I have tried direct mail marketing on vacant homeowners. I have tried obtaining PML’s. I have obtained my real estate agent, but for some reason I’m not been successful partly is due to that I’m in a rural area, but I have come across about 3 deals that I could wholesale, but I don’t contain confidence as well as financial stability. I’m just really confused in the real estate investing and was hoping someone could help me get a leg back up to get me going in the right direction. Thanks.

Most Popular Reply

User Stats

332
Posts
595
Votes
Cornelius Garland
  • Real Estate Consultant
  • Charlotte, NC
595
Votes |
332
Posts
Cornelius Garland
  • Real Estate Consultant
  • Charlotte, NC
Replied

@Jesse R. Confidence is so critical in this field. I discovered that as I became more knowledgable of the real estate jargon, gained experience speaking to sellers, and comping properties, that my confidence increased. I'm down in Charleston and invest in Columbia. I highly suggest shifting your focus to Richland county because there's more opportunity there and cash buyers typically don't purchase in rural locations. So you're in the completely wrong location to wholesale. If you're marketing to Clinton right now, you should stop immediately. I always qualify my zip codes to see where cash buyers are purchasing and then send out marketing to those locations. I like to see at least 30+ cash sales in the previous 6 months before I'd start marketing to a zip. Please let me know if you have any specific questions. Your motivation is there, but I just think you need to shift your focus a bit.

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