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Updated over 7 years ago on . Most recent reply

User Stats

6
Posts
2
Votes
Robert K. Morillo
  • Real Estate Agent
  • Kissimmee, FL
2
Votes |
6
Posts

Over-analyzing and Information Overload

Robert K. Morillo
  • Real Estate Agent
  • Kissimmee, FL
Posted

I've been doing research on executing flip or "wholesale" deals since the middle of February and I finally started taking steps towards finding my first nontraditional deal. I've got a cash buyer's list,  door hangers, bandit signs, business cards and a website. I designed all of my marketing materials and built the website myself, so I haven't even spent over $275.00 to get everything together. However, since I've got access to plenty of distressed property lists (not on the mls), I feel a little overwhelmed with the amount information I've taken in just the last couple of weeks. I feel as if I'm trying to do too much too fast and expecting the end result before analyzing the best leads to secure my first deal. 

Am I overthinking everything or should I just continue doing what I'm doing?

Most Popular Reply

User Stats

6
Posts
2
Votes
Robert K. Morillo
  • Real Estate Agent
  • Kissimmee, FL
2
Votes |
6
Posts
Robert K. Morillo
  • Real Estate Agent
  • Kissimmee, FL
Replied
Yes. I did hold that conversation with my broker prior to stepping into the realm of wholesaling. She actually encouraged it and gave me approval. 

Originally posted by @James Green:

@Robert K. Morillo my first question, has your broker given you permission to wholesale?  I see that you are an agent. If not you might want to have that conversation.

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