Poll: How many offers did you submit prior to your first flip?

[Jazmine S.]

Whew! The research cliff has finally been dove off of, and I have began submitting offers as of one month ago.

I would say I've TRULY only submitted for 3-5, but I evaluate about 5-10 a day. The market is a bit slow at the moment for my specific niche so patience is certainly virtuous at the moment! I understand that depending on what your area was like when you first started out there may be some people who only submitted a few, and there may be some whose magic number was 80+.

So just out of curiosity, what was your general ballpark as to how many offers you made prior to your first mutually signed contract? Looking forward to your answers!

[Cody L.]

One.

Saw some "Handyman special" on craigslist for $24,000. I bought it, put about 20 grand into it and threw a renter in there for 950 a month. Kept the property for two years, then the seller finance it to someone for 95,000. They gave me 15,000 down.

Later when I went to go buy a bigger property, I traded that $80,000 finance note that I held to another buyer help finance my equity in his property. Later I did something similar and kept trading up.

That was my start 1000+ units ago