All Forum Posts by: Brianna W.

I actually did a search on BP and I'm certain that I've found the answer to this question, just don't know how to delete this post!

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Thank you for such detailed replies, all of the information that you've provided is extremely helpful in pointing me in the right direction. I will definitely network at the next REI meeting here in Ohio, I agree it will save time by going straight to the investors/landlords who are active in this market. I will also take a look at avvo.com in the mean time.

Hello everyone, I know that I will need a lawyer to look over and tweak my contracts. I've never worked with a lawyer before and I don't know what to look for. So I have a few questions that I hope someone will be able to answer.

How much should I expect to Pay a lawyer to look over my contract?
When I need advice, do I pay per session or can I just call my lawyer with quick questions without any fee?
What qualities should I look for in a real estate lawyer?

Thank you everyone for all of the great feedback!

Reginald Vickers
Your right on point! Thats exactly my concern, I understand things pretty quickly but I lack the confidence in my communication skills when it comes to interacting with other investors/sellers. This is something that is actually becoming easier for me as I network. As for my mentor, I am beginning to think that we aren't the best fit. He does things much different than I would myself (contract doesn't protect our interests, doesn't provide photos of the properties, only marketing method is craigslist, does not network with other investors ect) . I will keep moving forward since I now realize that the only way to gain the skills that I may or may not lack in reality...is by putting myself out there and continuing to network on my own. I think this is something that a lot of newbies deal with in the beginning, but as long as we can overcome our own self judgement...we will succeed.

Thank you Mary, I will give it some time as it has only been 1 week and I tend to worry a bit too much sometimes. I definitely won't give up regardless of the outcome of my first coaching deal, I'm thankful to have found such a supportive community here at BP.

Hi Ben, I'm also starting out in the Columbus market. My focus is wholesale.

Hi everyone, I'm a newb. I have been studying REI for the past 5 months now and I'm ready to take action. Back in April, I began sending out yellow letters to probate leads and absentee owners here in Ohio as well as putting out bandit signs. That was really adding up money wise and after making my first cold call to a FSBO property that i'd found while driving for dollars....I realized how uncomfortable I was with knowing what to say and how to talk to sellers and buyers in the most effective manner. I guess you can say I that I didn't want to come across as a newbie although I am.

So I started looking for a mentor. I contacted a few people, some who were not actively wholesaling, some who wanted to charge $1k or more for phone calls! and then I found my current mentor who I've been working with for the past week. I explained to him that I really need help with talking to sellers, he is very nice but later on in the week when I asked how long he has been a full time wholesaler....he informed me that he is not full time. He has a mentor himself, and that his mentor got in his butt that day actually (sorry thats the only way I could think to word this at nearly 2am).

Well, he has me working on owner finance deals, which is what he focuses on because it's what he has learned so far. I have gathered 61 leads over the last 4 days and began calling them to process the leads. To make a long story short, he has given me a property that I have to set up showing for in a matter of 2 days because the home owner will only show this property this weekend. I haven't seen the property and I can't market it the way I feel is appropriate because he doesn't always get pictures. He is really very nice, but am I on the right path with this? I love the system reiwebtools because it makes keeping track of leads so easy, and saves money on web hosting, it also provides the contracts that I NEED and was having a hard time finding. Though, I cant help but wonder if this method will get me to the closing anytime soon.

I would appreciate any feedback or suggestions. Now, after talking to about 20 buyers I feel much more comfortable and I think I can get this thing going on my own. I would go back to sending out letters and marketing online through CL and my business website. From reading here on BP, this method seems to bring in the most deals and closings.

Sorry for such a lengthy post, I just REALLY want to make things happen, I need to get out there. I hope to close my first few deals over the summer.