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Updated over 8 years ago on . Most recent reply
Feel like giving up!
I have been at this for a solid year with no success. I sink $850 per month in direct mail campaigns. I drive for dollars every weekend. I have great investors, but nothing to give them. What am I missing?
I've been told to find a mentor, but all the "mentors" I meet comes at a price that is well over $1,000 per month. If I were already making money, I'd definitely go for it but it doesn't seem to make sense financially right now.
Any advice?
Most Popular Reply
![Dean Letfus's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/122541/1621417864-avatar-turnkeyproperty.jpg?twic=v1/output=image/cover=128x128&v=2)
As you are in Memphis I am stunned you can't find a deal in a year. There is something fundamentally wrong somewhere in your approach OR your expectations/criteria are unrealistic. I lived in Memphis for a year from overseas and flipped over 150 homes. Deals are everywhere. Everybody goes on about how tight and competitive Memphis is but there are deals everywhere. There is such a large percentage of unsophisticated owners and poor money management that finding a distressed seller is usually as hard as spending 5 minutes at IHOP or a liquor store.
I'm happy to help yo if I can, (NO CHARGE), but I need to know first what exactly are you looking for criteria wise? Stop wasting money on direct mail and let's get you into a deal so you feel like you are getting somewhere.
Feel free to PM or email me if you don't want to talk here in the forum!