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Updated about 11 years ago on . Most recent reply

User Stats

54
Posts
8
Votes
Michael W.
  • Investor
  • Salem, OR
8
Votes |
54
Posts

Slow start

Michael W.
  • Investor
  • Salem, OR
Posted

I've tried to get started, last POF expired a month or so ago, and the only applications for POFs I've seen seem to require me to have a specific property in mind, and I understand that, but realtors don't seem willing to show a place with out at least a POF in hand. I really could use a mentor to hold my hand and walk me step by step through my first deal or two in the Salem, OR area. A joint venture sounds like a good idea to me.

Most Popular Reply

User Stats

96
Posts
19
Votes
Eric Blanchard
  • Specialist
  • Portland, OR
19
Votes |
96
Posts
Eric Blanchard
  • Specialist
  • Portland, OR
Replied

Hey @Michael W.

Yes, getting started is often a slow, discouraging process. It took me a little over two years to line up all the pieces to buy my first house. But the things that make it hard are why there's money to be made :)

It's hard to partner with people when you have neither cash nor experience - you might consider finding someone already established and working for them for free until you get more experience.

Good luck!

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