Transitioning into real estate. What do you think of my plan?

[Jeremiah Russell]

I’m starting my real estate journey this year!!! I don’t have a lot of skills or knowledge for the business, but I’m reading and taking in content everyday. My plan to start is to get a job working as a handyman to get the ropes in fixing houses, and possibly get a real estate license to get in touch with the local market. The goal for these two jobs is to gain knowledge and supplement my job I desperately want to leave. Now a little back ground in what I do and how much money I currently make.

I am currently an assistant reset supervisor for a local grocery store chain. I build/remodel the interior of the stores. I currently make $700 a week or $17.5/hr. In 27 months I’ll be promoted( my boss is retiring), and I’ll make $24 hr with little room to make more money. With no overtime and I work around 60 hours a week salary. The amount of time I work leaves me little time to spend on my real estate dream and time with family.

The average handyman in Chattanooga makes $15/$20 hr. Once I get involved in the community I may even be able to work with/for a flipper.

I know being a real estate agent can be hard and cost money to keep up with. I like to sell and I love real estate so I think it would be a good fit to gain knowledge, work with the people in real estate, and find deals.

With all this said I think transitioning into these two jobs will help me grow and meet people in the community, while also maintaining the money I need to make. Once transitioned I plan to start flipping and buying rental properties.

Let me know what you think of my plan, and any input would be greatly appreciated.

[Jerryll Noorden]

Here is the strategy I am developing.
It is really simple:

0. Save about 2K to 3K. 

1. Get a domain name

2. Link it to investor carrot.

3. Work on SEO

4. Work on Credibility. Although SEO can take  you 3,4,5 months to rank#1, Credibility can be done to completion in 3 days.

5. Drive traffic to your site (DMM, PPC, CC, D4D, FB Ads)

6. Get just ONE deal. Just one! Now you made a money. It could be luck, you could have made mistakes, you could have avoided headaches, you could have done things differently. And you know what? That is OK! You made money.

7. Now you learn from the  experience and you improve the procedure. You eliminate all the bottlenecks. You avoid the delay traps, and you make things more efficiently, and you do it again. just ONE more deal. You are not focusing on getting 5 or 6 deals. You are not looking to scale (just yet). Just get ONE stinkin lousy deal and that is it. Now that you eliminated all the negatives from the process you WILL make an other deal. Now... guess what. One deal can be sheer dumb luck. But 2 deals ... is a system. Now you have money.

8. Keep working on SEO.

Now that you have more money, your money making strategy is self sustaining. You no longer are spending money from your pocket to make more money. 

So now you scale. put 70% of the deal money into more marketing. Now you make 3 deals 

again you identify the bottlenecks and you correct it, and again this time you spent 40% of the money you made from these 3 deals into marketing.

Why 40%? You will be getting more leads than you can handle being just a a person team. You spend the 40% on marketing to get your deal flow coming and you invest about 40% on hiring.

Now you can spend more money on marketing as now you can handle more deals coming in.

You keep hiring, you keep marketing.

Within 4 to 5 months you have over 100K made, you have hired 2 to 4 people and you are on the way to become a filthy douche rich person that will call honest kind people .. "The Help" as they massage your stinky toes.

And that my friends is how you make it in this business. This is (almost) a fool proof plan.

I am developing and equating this strategy to make it absolutely 100% fool proof. I am using 3 of my new clients as test bunnies. They started from 0. no website no nothing. One of them already made a huge check from one deal. But I can not count this in because that was seriously out of the norm. But we'll see.

This is if you want to make money immediately as in by next month having a deal done.

Then SEO will start to kick in. You can not eliminate all your marketing budget if you want to.

I do not spend a cent on marketing and I get a ton of highly motivated seller leads.

I know talk is easy.. so I will show you this is actually real and it works:

This goes on day in day out! Every day!

Be careful trying to use your specific situation thinking you are "special" or in a good position to do something. Chances are you ARE in a good position, but I would prefer a system over anything else.

Good luck. Anyone that wants data, numbers updates on this strategy just say "Jerryll you are so friggin handsome I want a piece of your hair" ... in public and I will help you out as much as I can. 

Good luck dude!