All Forum Posts by: Brittaney Woods

@Brittaney WoodsI raise money and buy apt communities with my investors (and put in my own money too). On my first deal I didn't put in my own money because I didn't have any to put into it (I raised the money). Re: creative strategies, one of them is a Master Lease. I used this approach to buy a 168 unit (my first apt deal). I still had to bring money to the table (about 20%) but it allowed me and my investors to take control of a property without having to get formal loan approval because the current owner stayed on as a guarantor.

I think you should write a blog post (if you haven't already) getting into more detail. I know it seems easy to you but it would be so helpful for the beginners.

0 Votes

Any updates OP?

0 Votes

I haven't read the other comments but Sean Terry's podcast has soooooo much information that I really don't think you need to purchase his program.

But, if I ever did purchase a guru program it would either be Sean's or Cody Sperber's.

0 Votes

Originally posted by @Joe Fairless:

@Stephen Nicholsonnailed it. @Joshua Hill, one other thing I'd say is also look into wholetailing if you are in the right market. That's where you sell to the retail buyer vs. another investor. There are risks involved and I have never done it (I buy apt communities) but I've interviewed many people who do it successfully.

Oh, I'm intrigued. Do you use any creative financing strategies or do you have enough of your own capital? If you have enough capital, was it acquired by wholesaling, flipping, etc? Give us the juice because buying/owning apartment communities is a goal of mine. Right now I'm looking to purchase my first quick flip so I have quite a way to go. @joe

0 Votes

Originally posted by @Mike Collier:

I was that guy! I recently left a Sales job that required me to be away for sometimes 2-3 weeks at a time. Many times I had to be out of the country. I started in that particular job 6 years ago and now that I'm married and have an 18-month old daughter at home...let's just say my priorities have changed. Now I plan to learn how to create and build businesses and excel in REI. My passion for new challenges, sales, real estate and people align perfectly with REI and I look forward to introducing the business to my kid(s) at an early age.

YES!!!! I've been telling my son since he was 2 that no matter what he decides to do as a career he needs to invest in real estate....we even listen to Rich Kid, Smart Kid ( I think that's the name) when we are in the car.

2 Votes

Honestly, my preference for expensive things keeps me going. I love shopping and I love expensive things.

Other than that, freedom. Not having to answer to a supervisor, take lunch breaks, request vacations, etc.

1 Vote

Originally posted by @Russell Brazil:

I do not implement any of the rules you've mentioned. Cutting out friends is completely contradictory of how you become successful in real estate. Real estate is a relationship business. The more people you know, the more likely you are to be successful. You have no idea where the next deal might come from.

I guess the key is to not let those non-motivating friends distract you.

0 Votes

Hello

I was listening to a Cody Sperber video the other day and he mentioned that typical marketing methods wholesalers use are outdated ( bandit signs, yellow letters etc.).

He said that potential sellers see multiple bandit signs, MAY receive sever letters or postcards from different wholesalers, and listsource and others of the like are selling the same lists to different wholesalers.

Do you think these methods are still working today? Do we need to come up with new strategies? Or should we (individual wholesalers) saturate our respective markets so we can gain max recognition in our area/s.........since people tend to contact who they are seeing the most.

0 Votes

^^^^^ put up using short wire H yard stakes.

0 Votes

Yes, they worked for me. I used the 18" by 24" sized yellow signs.

0 Votes

All Forum Posts by: Brittaney Woods

Brittaney Woods has started 14 posts and replied 78 times.

Post: Bird-Dogging vs. Wholesaling - Are they any different?

Post: Guru's, Sean Terry's Flip2Freedom and the people who hate them

Post: Sean Terry Flip2Freedom

Post: Bird-Dogging vs. Wholesaling - Are they any different?

Post: What is your WHY that motivates you to press forward?

Post: What is your WHY that motivates you to press forward?

Post: If You Consider Yourself A Successful Investor....

Post: New/ Updated Strategies for Finding Motivated Sellers

Post: Do handwritten "I buy houses" signs actually work?

Post: Do handwritten "I buy houses" signs actually work?