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Updated about 9 years ago,
i just had a thought that would make your deals payoff sooner
I read all over the place where wholesalers, and other transaction engineers, are killin it in the realestate investing arena. typically the really good ones make loads of cash and do 20 or 30 deals a month. I am sure if you add those numbers up you will see that's big bucks! my hat is off to you guys,i don't know how you can juggle all that. I know podio,or evernote and va's and outsource everything!!! but however you manage it wow! your good! I just had a thought and however nieve it is of me I gotta ask, just my nature to figure things out. instead of doing 300 deals a year....that will keep you busy ha, why not target the BIG DEALS as in six figures and above? only the numbers change but the principals are the same and the rewards will be much larger. is it just me that thinks the motto 'the less I do the more I make.' means do less make more? seems to me that's what it means. sooo, what would be wrong with putting an option on a million dollar property that seller will sell to you for 750,000 because the seller has five more just like it and doesn't need it and wants it gone? I mean what do you got to lose?your 100 bucks you put down as earnest money deposit?get an option on it for 90 days and go market the daylights out of it. how many do I gotta do to free me from my job? uhhh, one. I know its hard to fathom, but these deals are out there. you can do a 1000 houses a year if you want too, I think id rather target what will get me free now, not later. later I may be dead. id like to enjoy life alittle now and give my wife some security that when I'm gone she will be set. I'm not knocking anyone, I read all over so many names and I have learned a bunch from many of them, call me crazy but one of the investors I follow said be different,dont follow the crowd. I am going to test his theory and ill let you all know how it turns out. happy investing, Rick