I see my Learning Curve being like a Mountain Peak
Sunday, August 04, 2013 GOALS:
-Putting property packets together 8/4: COMPLETED
-Learn more about CMA:
-Find out general rehab cost per SqFt:
QUOTE:
-"If you help enough people get what they want, you can have everything you want." Zig Ziglar
-"Learn to work with people who deserve it not the people who need it. Teach people to deserve your time. You take one step I'll take one step." Jim Rohn
-"You can help a thousand people, but you can't carry three." Jim Rohn
READING:
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LISTENING:
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MEETING/SOCIAL:
-Went to Church: Northview Christian Church
ACTION!
-Presentation: Created 13007 and 13008 property packets
-Marketing: Sent property packets to multiple investors for feedback
RESULTS:
-Learned: Quick calculation for whether a property is worth an investor's time
-Learned: Get a good CMA because it's one of the most important pieces of wholesaling
LINKS:
http://www.northviewchurch.us/new?gclid=COnYofD06LgCFYtDMgodVlcAkg
AFTERTHOUGHTS:
I received four separate responses on the 13007 Custom property all from savvy investors. Each response was the same and they told me the CMA was way off.
I've learned that I need to really dig deep into the assessment of the deal and if something doesn't make sense to me then I need to throw it up here on BP for review.
It's tough being a newbie in any business, but when you have to teach yourself a particular trade it comes with some unanticipated stresses... I really hate wasting anybody's time with crappy work. That's how I felt about this situation.
It's quite the learning experience and I plan on it not happening again.
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