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Updated over 10 years ago,

User Stats

38
Posts
4
Votes
David Mora
Pro Member
  • Rental Property Investor
  • Santa Rosa, CA
4
Votes |
38
Posts

Need to Gain More Traction!!

David Mora
Pro Member
  • Rental Property Investor
  • Santa Rosa, CA
Posted

So I wanted to touch on a few things about my experiences this year to gauge if I need to make more adjustments to my business model or just small tweeks to how i allocate my time. So This year has been such an interesting year for me I wanted to do something a little different and share my failures as well as successes.So this year as i said has been such an exciting year I have made some really good strides in the building of my real estate Investing business.I have Networked with and became associated with some incredible people! all of whom i am extremely thankful for there association.Several have really become friends as well as mentors helping me navigate the Investing waters.while others have well, with there brutal honesty have really helped as well.anyway,From a Pure Numbers stand point and time I have Put in a lot of time this year into really building my business.I have probable sumitted 30 offers(beat out everytime!!)looked at 100+ houses(in person)Went thru probable 150+ leads.Physically meet with dozens of home owners and wholesalers! Have gotten several put under contract or assigned to me! Now here's where i am noticing some issues with Things.I have been really trying to acquire properties to take on as Flips and because I have A Construction/Handyman Business as well, I would  be able to make a living wage while working on the flip as well.Which is great.. With that being said I have yet to be able to close on one for a flip.Everytime i'm there and have a contract something happens that screws up the closing wether it be shady wholesalers, asking for earnest money to be put in so he can release his funds! but at the same time even though i have the assignment of contract not providing the adendumn  putting me on title and and his agent wouldn't do it! so because of that i was not going to put earnest money in when the contingency period was already up(crazy right!!)or a broker who goes and even though i had contract (but was unaware  husband didnt  sign(shame on me!)does broker open to get higher offer for home owners and pushed me right out of the deal!!So here is where I would like an honest assessment of why I have yet to be able to close.Is there anything that i can do different that i currently am not seeing?any help and advice would be greatly appreciated!!

  • David Mora