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Updated almost 7 years ago on . Most recent reply

Account Closed
  • Monroe, LA
1
Votes |
12
Posts

Newbie SFR/Wholesale... Hard Time Getting Deals!

Account Closed
  • Monroe, LA
Posted

I am new to REI. I work for KCS Railroad, I have a family and home that I take care of. I am currently trying to wholesale and get some SFR rental properties to create an extra/passive income. I have been at it for a 6 months now and haven't had any success yet. I drive for dollars everyday, I send out 50 yellow letters to absentee owners every week, and I have bandit signs posted around town. I've had a few leads but nothing that I was able to negotiate a great deal on that would make sense for me I'm not sure if I'm doing something wrong or if I'm just not marketing to the right sellers. I keep seeing all of these success stories on BP, YouTube, and other REI groups that I follow. I am kind of getting discouraged but I don't want to give up. I'm basically making this post to get some words of encouragement to keep going and also some tips if anyone would like to share. Thanks.

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