All Forum Posts by: David J Curley

@Barry Pekin
I actually went over there and spoke with (the only) one of the neighbors that answered my knock. I'll continue to stop by but Ive also wrote a letter for them as well that I'll leave next time I go by. 

@Kerry Noble Jr
I was thinking that but I havent scripted what Id want to say to them. Kinda seems like an awkward conversation but Ive just gotta do it!

I've skip traced their address with FastPeopleSearch and DealMachine but none of the numbers are leading me to the owner. Are there any other options I can try? I believe this to be a good property and I don't want this hurtle to stop me. 

@Tammy Chastain - thanks so much for the advise! Im googling my local REI meetings as we speak!

Hello Everyone, 

I've recently learned how to analyze properties to the point where I feel comfortable with my numbers. I know I've made the right career swap when I get excited about analyzing different properties. I'm wondering where people like myself sit in this RE equation though. I don't necessarily have the capital to invest in properties myself, however, I'm looking to add value to every relationship that I create in some way, whether its grinding out analysis' or using my brokers license to get the most accurate information. What would be the next step if I come across a deal that I think someone with more capital can take advantage of? 

I'm sure someone will correct me if I'm wrong but when you say stay on their own, I don't believe its possible to practice real estate sales and call yourself a "realtor" when you first start. You need to be a sponsoring broker to do that and I think the time requirement is 2 years working with a sponsoring broker before someone can apply to be a sponsoring broker and be "on their own". You and I are on similar paths. I'll be taking the exam within 2 weeks and my plan is to work with a larger RE group (Re-max, Berkshire, Century 21 etc.). I'm choosing to do so because even though they will take a larger % of my commission, I've heard that not all realtor groups are created equally. What I mean by that is it's important, as a new agent, you have access to the resources you're going to need to do your job well. While some of the smaller groups might offer a 80/20% for the houses you sell, they might not offer the same quality of resources that other places who take a little more out. That extra % that they take out will go to having a clean office, maybe a personal assistant for the brokers, office supplies, etc. 

Im sure others can elaborate even more. Good luck on your journey!

Thank you for the insight! One thing that I am realizing is that when it comes to RE investing, people want to network and that's exactly what I want. I want to be proud of what I've accomplished and what I plan to accomplish. I want to build relationships and network with many people from all skill levels. Thanks for reinforcing my decision. I definitely feel like I've made the right decision to move into RE.

Recently, my interest in building my wealth with real estate has grown. So much that I have decided to make a career change. I will be getting my RE license in Illinois within the next month or so (depending on the covid situation) and discovered wholesaling RE as a good way to earn money while getting started. I am currently checking three different leads to wholesaling my first home and have very good feelings about them. Of course there are questions that I have but I'll start by asking one - What is one thing you wish you knew when you first started? 

Thanks for your input and I'm looking forward to getting any insight and knowledge I can!