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Updated over 13 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • Mendocino County, CA
2
Votes |
93
Posts

newbie update...

Account Closed
  • Real Estate Investor
  • Mendocino County, CA
Posted

Just wanted to give you all an update, since I started toying with the idea of REI (month ago ish) and joined BP, about a week ago, I have learned alot, but on to the good stuff, no deals yet, (I don't even have enough money or contacts to feel confident wholesaling yet) but I have done this...

1. found a two decent potencial investors, (one on BP one CL) I'm in the process of scheduling video conferences with them as I'm out of my target area (Sacramento, CA) for a few months.

2. Found a flipper on CL who is willing to give me a commission if I can find a buyer (I'm not a realtor but I emailed him about trying to find a buyer for him as I'm a wholesaler (he was familar with wholesaling) and he agreed) It won't be a wholesale deal but its good experience (I will post the property and number run down as soon as I get the specifics).

I hoping to scrape together enough cash to form an LLC (thank you legalzoom)and have some money for earnest deposits (when I finally to find a deal).

Kevin

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