All Forum Posts by: Gary Parker

I personally would not use EDDM to search for motivated sellers.  I would target people using a list such as absentee owners with equity, Notice of Default, etc.  If you are new to this, I would target one group and test.  Learn and understand your target.  

List source is one place.  There are many posts here on how to sort your list.

I just think it is cool you are 18 and moving full steam ahead in real estate.  Mostly because my son is going to be ready to get his license when he is 18.   You seem smart and very motivated, so you may want to consider a discount broker and learn on your own.  I just think it is hard to find the type of broker you describe.   They will say they will do what you want but I would have my doubts.  Maybe someone here will prove me wrong.    The down fall to a discount broker may be that you dont have a lot of supervision regarding proper contracts, law etc.  Start with the book The Million Dollar Real Estate Agent by Gary Keller.   I also really enjoy Mike Ferry stuff.   

Welcome @Curtis Fergus

Welcome @Lori Greene

Welcome Regan

I will most likely be there.  I need to rearrange a prior appointment, but I am planning on being there.

Welcome @Andrew Haacke

Welcome @Troy Coroles

The first thing I would do is do a Comparative Market Analysis (CMA) to determine what the value is after you put in the $2000 in repairs. Look for exact properties in the same condition that have SOLD. Then I would find out the rental policy. One you know this information, it will be easier to talk to other investors that may want to partner with you.