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All Forum Posts by: Account Closed

Account Closed has started 2 posts and replied 37 times.

Post: Looking to Network

Account ClosedPosted
  • San Francisco, CA
  • Posts 39
  • Votes 9

Find a Meetup and REI meetings, all the major movers in your area will be there.

Post: Just Starting Out And Would Like Some Advice

Account ClosedPosted
  • San Francisco, CA
  • Posts 39
  • Votes 9

@Austin Vanderstappen

Easiest low risk way to start creative real estate investing is Wholesaling.  

I started with a postcard campaign to 'Absentee Owners'  You can get a list from Listsource.  

My first month I sent out 466 postcards, got zero response.  Second month I sent out another batch to the same 466 leads, 11 people called me back and I flipped 1 property to a rehabber I found on Craigslist.  

Connect with all the 'We Buy Houses' folks in your target area.  You will flip your property to them.  

That's the simplified version of what I did but you can do the same!  

Go to REI meetings and network with all the major movers in your area. This is how you will start to build your 'team' of real estate professionals.

Lotta resources and free information here, educate yourself on what strategy of RE investing you want to pursue.  Focus on one niche and take action!    

Post: I am 21 Years Old, Want to Hit the Ground Running

Account ClosedPosted
  • San Francisco, CA
  • Posts 39
  • Votes 9

Wholesaling is the most newbie friendly investing strategy.  

First thing is to educate yourself on the different strategies of investing.  Whatever interests you, focus on that and take action.

I started by marketing to Absentee Owners, people who live out of the area/state from their property.  Often their house is vacant and they're open to a cash offer, because they don't know what to do with the property.  I contacted the "We Buy Houses" guys and flipped the house to them.

BP is the perfect place to start!      

Post: Current Standing

Account ClosedPosted
  • San Francisco, CA
  • Posts 39
  • Votes 9

You don't need a lot of capital for Wholesaling.  I spent total $500 on leads (Listsource) postage and postcards, in 6 weeks I flipped my first deal.

Focus on one niche and learn all the angels about it, then take action.  

Post: Looking to Work (For Free) with a Chicago Area Investor

Account ClosedPosted
  • San Francisco, CA
  • Posts 39
  • Votes 9

Find your local real estate investing club or MeetUp.com.  You can network with all the major movers there.  With your skill set you'll have no problem finding a mentor in your area.

Ever consider Wholesaling?  Doesn't require a lot of capital and it's low risk.    

Post: Am I on the right track

Account ClosedPosted
  • San Francisco, CA
  • Posts 39
  • Votes 9

Learn the strategies, focus on one niche, make a plan and take action.  

Wholesaling is the least intimidating for newbie investors.  Check out Tyrone the Flipman on Youtube, he shares a lot of information for free

Post: I need help pulling the trigger in the right direction.

Account ClosedPosted
  • San Francisco, CA
  • Posts 39
  • Votes 9

I spent $80 on leads from Listsource, $1460 on postage, $60 for postcards, and flipped 4 properties in 7 months with no money down.  My total out of pocket was $508 when I flipped my first property in month 2.

You don't need alotta money for Wholesaling @Benjamin Blackburn 

Post: New to real estate

Account ClosedPosted
  • San Francisco, CA
  • Posts 39
  • Votes 9

Read up on all the techniques of creative real estate investing here, then take action.

I spent too many years allowing my fear to hold me back.  But you have to educate yourself on the strategy you're interested in, stay focused in that niche, and just do it!

Post: Don't give up!!

Account ClosedPosted
  • San Francisco, CA
  • Posts 39
  • Votes 9

@Joseph Colon Nice website.  If you don't mind me asking, what are you targeting?  You may need to mail more than once to your leads.

@Jose Rodriguez If you're going to do direct mail, go to Listsource and get a list of absentee owners.      

I called all the "We Buy Houses" guys (that is your buyer list).  Some of them were Wholesalers, but I eventually got in touch with real rehabbers.  When you get a bite with your direct mail you can flip your deal to one of your buyers.

Post: Moving to a different state in 2017, but want to start investing now.. Ideas?

Account ClosedPosted
  • San Francisco, CA
  • Posts 39
  • Votes 9

@Chris McNeal

Wifey ain't tryna move down there hha!