How long before your next deal....

[Melba Chambers]

After becoming a member of BP over 2 I am finally under contract on my 1st buy and hold, and should be closing in two weeks. How long did you wait before putting an offer in on your next property?

[Mitch Messer]

@Melba Chambers OK, I understand!

I can only speak for myself and the other professional investors I know. In any given week, I'm looking at 10 - 15 possible deals. I'm always looking for deals: It's what we investors do. I try to close as many as I can of the ones that meet my needs.

Assuming you want another deal, there's no reason I can think of to wait.

It's like asking a fisherman how much time they wait before going after the next fish...