All Forum Posts by: Jacob Colvin

Thank you all for your responses!

Thank you Colleen. However, I am actually interested in doing the BPOs myself for supplemental income. I suppose my post was somewhat unclear. 

Does anyone do BPOs for supplemental income? If so, where can I get more information on this?

Is it necessary to have some sort of closing history, before attempting to obtain an REO property to list?

Over the past 2 months I've been learning alot about the RE profession. I have written a detailed business plan, marketing strategy, lead generation strategy and sales script. I will be getting my real estate agent's licence in February 2015. By Februray 2015 I will have about $10,000 saved up in my bank acount. 

I am aware that the first year is generally the hardest. Realistically, I wouldn't be too shocked if I did not close on a single deal (hopefully that is not the case)... My question is: is my $10,000 savings a good enough start up fund/ safety net, to get me through to my first closing.

Also, I would like to get some good criticism/feedback of my marketing ideas and business plans that I have written. I would like to know if the content within these   are Specific Enough, Achievable and Realistic. Also, please let me know if there is anything signigicantly important that I have left out. I would really appreciate an evaluation and honest feedback.                         

Thank you,

Jake Colvin

Thank you for the advice Louis, I very much appreciate it!

Thank you very much for the quick responses!

I am in the middle of a career change from law-enforcement to real estate. With law-enforcement I see financial security. However, I noticed that the rate in which new agents opt out of a real estate career is rather high.  I am extremely motivated and am developing a passion for real estate. I can see myself enjoying the aspects of this career and pushing myself to do better on a daily basis. So here is my question... Is success in this industry based on an agents determination? And if I put in hard work and treat this profession as such, will I succeed? 

Thank you.

@Mark Carlton

Thank you for your response. I am interested in becoming a real estate agent. I would like to flip single family homes and possibly invest in multi family properties in the future. 

Hello everyone,

I'm Jake, 23 years old and am newly interested in learning about Real Estate. I actually come from a Law-Enforcement background but have recently built up a strong interest in Real Estate. I understand that Real Estate is a commission based business that requires hard work, perseverance and a strong initiative. Therefore, I am here to learn as much as possible about this career . 

I see myself as a highly motivated sales person who is is determined to build long lasting relationships with clients and associates. I recognize this profession as more than just a "job" or hobby. I know that there is a lot for me to learn and I am trying to utilize all available training tools that I can get my hands on.

Please feel free to ask me any questions that come to mind and I will be glad to answer them! However, due to the fact that I am new to Real Estate; be expecting that I ask a few questions in return!

Have a great day,

Jake C