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Updated over 9 years ago on . Most recent reply

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7
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Marcus Ramsey
  • Fort Worth, TX
0
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7
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Getting that first deal

Marcus Ramsey
  • Fort Worth, TX
Posted

just wondering if it will take maximum effort to pull off my first deal or is it like a feeding frency at the top and the scraps fall to us begainers and rookies.IJS

Most Popular Reply

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268
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115
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Michael Woodward
  • Real Estate Investor
  • Greenback, TN
115
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268
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Michael Woodward
  • Real Estate Investor
  • Greenback, TN
Replied

@Marcus Ramsey

This is a hot topic right now.  Someone else just asked the same thing.  Here's a copy of the post I sent him.......

This is a tough time to be new at investing because supply is really low in most places around the country. Even experienced professionals that have all their historical data in place and their real estate radar running 24/7 are having trouble finding deals. When one pops up, it's like a Parana feeding frenzy. You'll just have to be patient and wait for the right opportunity. BE CAREFUL not to get so anxious to buy something that you ignore the necessary due diligence. Having no deal is WAY better than buying something that could sink you financially. This is NOT a get rich quick business. Good luck!

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