Rising from the Ashes
Monday, April 18
It has been a while since my last post so let me first bring you up to date. After that post I did get my Real Estate license in my state and I must say it was one of the smartest things I ever did and here is why.I Got A Mentor - One of the questions I asked when I interviewed agencies. (Yes whe...
Wholesaling is illegal - No Really It is! (At least in my state)
Sunday, May 10
I remember distinctly hearing from my trainer (the one I spent 31K on) that wholesaling was not illegal and that if any lawyer you talk to says it is s/he just isn't familiar with the concept or s/he is lazy. I believed this for many years until later last year (in 2014) I had a woman come to one...
The Breakfast Club
Thursday, May 07
After the last failed wholesale deal. I continued to look at properties but still suffering from analysis paralysis. My faithful realtor continued to show me properties but after a while he realized he was wasting his time and told me that he would now charge me $24 per property to show it to me....
Endevor 3 - Another wholesale deal (closer) and the lessons I learned.
Thursday, May 07
After my 2nd endeavor I became increasingly infected with analysis paralysis. I looked at properties on and off for a couple of years and didn't come into a new deal until 2013. It was a property on the other side of the pond. (I live in Vermont next to Lake Champlain) in a little town called Por...
Endevor 2 - The Sandwich Lease Option and the lessons I learned.
Thursday, May 07
After my experience with wholesaling in Memphis, TN I had had about enough and stopped doing real estate for a few months. I thought I would try a few things locally. A condo came to me in September of 2009 where the owner's had very little equity. I managed to negotiate at deal where I would pur...
Endevor 1 - Remote Wholesaling and the Lessons I learned
Wednesday, May 06
When I took my classes 7 years ago I had a great plan. It was probably not all that different than what many of you have had. Wholesale properties until you raise enough money then do rehabs or buy and holds to start building your wealth. I started working remotely in Memphis, TN. I found a realt...