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Updated about 9 years ago on . Most recent reply

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80
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16
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Glenn Mayo
  • Fort Worth, TX
16
Votes |
80
Posts

Well, like most people in this particular thread, I'm a newbie.

Glenn Mayo
  • Fort Worth, TX
Posted

Hi. My name is Glenn, and I live in Fort Worth, Texas. I'm new to real estate investing, I suppose. I say "I suppose", because 9 years ago, I bought the Carlton Sheets real estate program and went through it. I found that there was what I THINK is some good information, but I was never able to make a go of it, and before long, I put it aside and went back to slaving away. Last year, though, things changed for me. My son was born December 6th. And then, this year, we found out we have a daughter on the way (due in March). This has lit a fire under me. I want to be there for my kids, and so does my wife. I don't want to spend 40 - 60 hours a week away from my family, while my wife does the same, and others raise our kids. I don't want to put my kids in public school; I want to teach them myself, the way I learned. I want my kids to grow up in an environment where they learn that it really is possible to make things happen if they work hard and put their mind to use. I want to pass on to them valuable skills that they can take with them throughout their lives, and I want to leave them a good inheritance when my time comes. My wife wants to work, but she also wants to be home with the kids and be a mom. She wants to do something that puts some money in her pocket and lets her feel like she's not only contributing, she's an equal partner. And we both want to work together on building a solid life for our family. That's why I'm here; to learn where things went wrong 9 years ago. To fill in the gaps and gain the confidence I need to properly evaluate a deal and then pull the trigger. And, honestly, to get advice on how to start with VERY little money (a couple thousand at best) and iffy credit. So. There it is.

Most Popular Reply

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4,609
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David Dachtera
  • Rental Property Investor
  • Rockford, IL
2,990
Votes |
4,609
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David Dachtera
  • Rental Property Investor
  • Rockford, IL
Replied
Originally posted by @Stephen Nicholson:
Originally posted by @David Dachtera:

You don't need to be an agent to write offers. Most investors are not agents and some of them write multiple offers every day.

David J Dachtera

Is a regular investor allowed to write their own offers for REO properties without an agent? I never knew that, I will need to look into this, could be something I would be interested in learning!

You can always write your own offers and the lender's REO agent MUST submit it, by law. The lender or their agent may request the offer be submitted on their form, of course.

David J Dachtera

"Success is not a destination. Failure is not an event. Success is a process, failure is a choice."
- DJ Benedict

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