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Updated over 16 years ago on . Most recent reply
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Newbie from Austin, Texas
Hello Fellow Investors,
My name is Daniel Lujan and I am novice investor in REI. I have been educating myself for over a year now, through books and CD's and even a seminar.
Because REI is wide and deep, I've been trying to find my niche in this business. Of course people say to start out wholesaling, that way if I can negotiate a wholesale, you can negotiate anything. Which will provide a foundation for my business.
So within a year I have tried my share of marketing, ex: newpaper (expensive) but did get the phone ringing. Bandit signs, this also got the phone ringing. And, directmail using letters, first class stamps.
Mind you, I did not do these marketing techniques for long periods of time. Maybe 2 months max. And then I dwindled down to not doing any at all. And then doing it again. And stop. And then get at it. I know, not good.
Now, I've realised that in marketing, it's a numbers game. You just have to keep at it and I know I'm bound to find those motivated sellers. So, now I'm fresh and ready to get very serious about this business and I will hopefully do some deals by the end of the year.
Thanks for reading.