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Updated over 3 years ago on . Most recent reply

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7
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3
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Gerald L Biggs
3
Votes |
7
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Hi I'm Gerald I'm just getting starting wish me luck

Gerald L Biggs
Posted

I have just started learning about real estate driving around looking at places. That look like deals made a few phone calls but still no luck but ain't going to stop still need to figure all this still. Hoping I make the right deal hoping I analyze the property right Even ask for help from a flipper no luck yet. Wish me luck   

Most Popular Reply

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219
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171
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Jim Kalish
  • Real Estate Investor
  • Matthews, NC
171
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219
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Jim Kalish
  • Real Estate Investor
  • Matthews, NC
Replied

@Gerald L Biggs you've got the right attitude.  But now its time to do your homework.  Education is key.  You have to develop your plan in detail and follow it. Driving for Dollars, that's what you are doing, is one of several successful strategies.  But you should look at a few to see what works best for you.  When you ar DFDs you should have a specific list of what you are looking for.  When you see a house that has those traits you feel make it a good candidate; long grass, needs a roof, generally run down, etc., write down the address and list why you wrote it down.  When you call have a script.  But don't sound like you have a script.  And be ready for a lot of no's.  @Austen Mueller hit the nail right on the head about your team.  You can't do this alone and reach your goals.  And @Jon Kelly is right.  200 calls is just a start.  So read everything you can and develop a strategy that works for you.  And it can be more than 1.  BPs has a great list of books.  And join in on the webinars.  But whatever you do, be willing to take a little well thought out risk.  You will never have all the info you need.  Listen to one of @Brandon Turner blogs for the rest of that statement about perfect info.

Good luck and let us know how you are doing.  One of the best things about BP is that everyone is willing to help.

  • Jim Kalish
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