Discouraging Start to 2017

[Ryan York]

Hey all,

My partner and I are staying positive and continuing to chug along, but we still haven't landed our first flip after about a year. It's getting discouraging! We're certainly not going to give up, but it'd be great to hear what's working and what isn't for other people out there. 

Here's what we've been up to:

We were sending out 1000-1500 post cards per month to owners who were delinquent on their property taxes and coming up on foreclosure (they were in forfeiture in Michigan). That was an epic failure! 

We've looked at dozens of properties, and we talked to a lot of leads, but didn't get a single deal out of it (yet). We had several fall through for odd reasons... found some things on title research.. had a guy shoot up with a dirty needle and almost die... got threatened a few times lol. 

All in all, we did gain a lot of experience, but without a deal, it's a motivation killer. We recently had our money guy go on hold due to the purchase of a million dollar property so that hurts as well moving forward. 

We also have a website that's generating some traffic, and we have Adwords set up as well. These leads have proven to be motivated but they're few and far between for our location in Metro Detroit, Michigan (not the city of Detroit). No deals there either.

We also make offers weekly on bank owned properties, but haven't been able to get one under contract there.

I'm a firm believer that there's always a way. There's people out there making big money right now, so timing is no excuse. What are we missing? 

What's working or not working for you guys? Misery loves company so if you're having a bad go of it, feel free to vent as well!