We are off and running!

[Dominique Grayson]

Hello BP Family!

I wanted to give a quick update on my progression as a Real Estate Investor. First I want to give credit where credit is due. Thank you @Joshua Dorkin, @Brandon Turner and your entire support staff for creating this knowledge base and social network platform.  I have networked with many individuals and learned valuable things that will save me time and money down the line. I started listening to the biggerpockets podcasts earlier this year soaking up as much info as I could so I could prepare myself for the journey ahead. My wife and I were not sure exactly which investing direction to go but here is what I have chosen to do with the information given by all you wonderful people.

1. I partnered with a Relator who is open to real estate investing (my wife, we chose Keller Williams for the education)

2. I partnered with a company here in Houston, Texas that helps families going into foreclosure to take over payments of their home, find a new home and possibly a job. They will provide a list of individuals that are entering foreclosure and its my job to analyze the deals to see if there is enough equity for the owner to take on the project. I will receive 3 percent of the purchase price as a commission and my wife will sell the property and earn her commission on the back end if the owner decides to sell this property. I am not concerned with how much money I am making from doing the work as I am more interested in learning the business.

3. I also created a company that will wholesale properties that I find as i am driving for dollars working my partners lists. We have agreed that I will not take his leads create my own deals, but whatever I find on my own, I can keep. Whats cool is I believe this owner may become a private investor for some of these deals as time goes on. 

4. I have partnered with a contracting company that I feel does a great job on their projects and have many years of experience. 

currently, I work a full time, contract job that I was told will end next week. I feel better working a full time job to help pay my bills while I learn and take the pressure off. I have learned that trying to do full entrepreneurial projects while without knowing how you and your family are going to eat the next day is not my cup of tea. I failed at that too many times.  Instead, I will run my lists and have my wife look for jobs for me so we can capitalize as much as we can.

When I close my first deals with my partner, I will invest those funds into my business so I can do more direct mail campaigns.

Wish me luck! the count down begins...

[Shantell Garcia]

I have no doubt you will succeed. Our local market has some amazing deals. 

When you are driving for dollars make sure to have your notebook handy and take pictures of your properties. It will be easier to keep track of once you make your list when you get back in office. 

Also write down the "we buys houses" signs as those are other wholesalers you can connect and network with. 

I'm a local wholesaler as well. Feel free to connect and good luck!