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Updated about 13 years ago, 10/17/2011
"3 Hours Worth of Work for $10,000" am I doing something wrong here?
I keep watching these "guru" videos and they say "3 Hours Worth of Work for $10,000". My question is, what are they not doing that I AM, or what am I doing that I SHOULDN'T?
I walk my neighborhood daily and end up with a list of 10 more houses that are either: abandoned, realtor for sale, condemned. I take this list and pull the info about the house. This is hours of work.
A few of these gurus, are like, yes, I spent 90 seconds in the house and drove down and wholesaled it for a cool $7,0000 after closing, for a mere one hour's worth of work.
It takes me more time to pull of comps on houses than that. Mind you, I pull up the clerks office, registrar, recorder and look at all the transactions concerning the property. Then I pull up the comps.
What are these gurus doing that I am overdoing?