All Forum Posts by: Brian L.

Or both!

Hello @Stoney Lowstetter and welcome to BP.

Welcome @Pete Vargas

@Pete Vargas

I agree with Jon on this one. If a buyer did not give you their email and didn't ask to receive email from you, then you would be sending unsolicited email ads or spam.

Have you run the numbers? If it makes sense to pay the bank then you don't need to do a SS. Did he tell you what he owes the bank? What us the ARV?

You've got my vote for a wholesalers university or education series. I'll participate in whatever way I can.

It doesn't really complicate things it just requires that someone pay the realtor's commission fee.

There are reputable teachers and I'm not sure that I've seen that statement disputed. BP actually has as many or more teachers than students in my opinion. Not all of the people whom I believe to be teachers are advertising themselves as such though.

Anyway, about the "Gurus". I think there are a few common complaints: people pay money to be taught that they can invest with no money; despite the fact that this statement is highly misleading, if you're at the seminar, you've already spent money. Also, I can always tell when there has been a seminar in my city because the street corners are littered with new bandit signs, CL is cluttered with new ads, and my inbox is full of emails from people trying to sell me properties that they don't have. I think it's great that people are getting motivated to get started but they're being told or they perceive that they're being told to mislead people. I could find probably 20 examples from the past 5 days on BP where new people sign up and their first post says "cash buyers wanted, huge inventory, act fast" or whatever. I reach out to some of these people to learn from them about how they acquired their huge inventory only to find out that they don't have a single property under contract; for many of them this has been their first attempt at advertising or marketing of any kind.

I don't lump all new investors (I am one myself) or all gurus together but I can definitely tell which new investors have just attended a guru seminar.

The fee needs to be high enough to motivate people to pay on time. I currently rent from a PM that charges 10%

I kind of wondered how long it would be before the I vs. Y subject came up between the Bri(y)an L's. Don't worry, it's not your fault that your name is spelled wrong.

You make another great point here. The funny thing is, I'm not really sure what weighs me down on the "don't get a license" side of the scale. I think part if it is my desire to walk away from a career where I am a licensed professional (I'm a registered nurse) to do something not so "professional". That's one of the reasons I like real estate; I'm trying to get away from the "I'm licensed so I have a legal obligation" type of work. I just somehow feel like getting a realtor license keeps me in the same boat.

Anyway, I love your input on the subject as I pound my head on things to try and decide if getting a license is the thing for me.