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Updated over 4 years ago on . Most recent reply

User Stats

35
Posts
6
Votes
Peter Fuentes
  • Hollywood, CA
6
Votes |
35
Posts

Newbie with a question about Motivated Sellers.

Peter Fuentes
  • Hollywood, CA
Posted

I have a question.

Will there always be motivated sellers? Will they ever run out?

If so, can someone explain that?

Is it because there's always people that will fall behind on payments?


Im convinced that Real Estate doesn't have enough deals to make money consistently.  Am i completely wrong?  Can I make billions of dollars in this industry?

Can someone help me understand how there is enough motivated sellers or opportunity in this industry.  

You can use stats or examples - or whatever you can think of.

I feel like im missing the foundation - where the opportunity to make money comes from.  I don't understand it. 

Thank you very much.

Most Popular Reply

User Stats

655
Posts
900
Votes
Damaso Bautista
  • Rental Property Investor
  • Hawthorne, CA
900
Votes |
655
Posts
Damaso Bautista
  • Rental Property Investor
  • Hawthorne, CA
Replied

@Peter Fuentes

Like many people who have a newly found interest in real estate investing, you are looking for the shortcut, easy way, the goose that laid the golden egg.

I would try educating yourself about the industry, picking a strategy that you can make a billion dollars doing so, figure out how you can get the this point, make a plan of action and then follow it.

I will tell you that from my experience there is no short cut, there is no magic answer, there is no easy way to make a billion dollars. 

Real estate is like any other profession, if you want to make it big and be very successful at it, you are going to have to work hard sometimes for a lifetime to get there. 

If you are convinced that real estate does not have enough deals to make money consistently, I say great leave those deals to others that are working hard to get them.  Its not someone elses job to prove you wrong, do your own work to prove yourself right or wrong.

Obviously there are people who are making money from real estate, it is your job to educate yourself to find out how.

I don't know what else to tell you.

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