How Long Did it Take You to Find Your First Property?

[Noah Bacon]

We all know it takes time to close on your first property. Before you lose patience or get discouraged, do not give up!

Personally, it took me over 4 months of analyzing the right location and finding the right type of property for my long term buy and hold strategy. After submitting over 15 offers and walking away from 2 separate appraisals/inspections for properties that were not mine had me feeling extremely discouraged that I would never find my first deal. 

The place I ended up closing on, I never thought I would've been able to get into from my initial search, but without having numerous experiences being under contract and eventually falling through another door opened up. (Literally!)

There is no shame missing on a few opportunities to secure a deal. Stay patient and leave no stone unturned. 

[Charles Walker]

As a wholesaler, it took around 3 weeks for me to find and lock my first property under contract. I've been in sales for over 20 years and I absolutely HATE COLD CALLING, so I got started on Zillow listings.

Initially, I wasn't getting any traction because I was duplicating what thousands of newbie wholesalers were taught to do by a "Real Estate Guru", which I later found out that he doesn't actually do what he teaches. Once I educated myself and got out of the "analysis paralysis" phase, I started getting offers accepted and landed my first wholesale deal within 3 weeks.