All Forum Posts by: Jay Hinrichs

@Marcia Maynard 

@Account Closed 

This is counter intuitive.. The gurus say that you should work for yourself so that you can have the life you deserve I think the bullet points are.

1. you deserve to spend more time with your children ( not sure this is realistic kids have their own agenda and don't want parents bugging them)

2. you can take all those wonderful vacations.. ( except when you have a project that needs your attention or a tenant from hell and you need to be there)

3. You can be your own boss ( expect when you have a problem self motivating yourself)

so on and so forth.. the reality is as all have posted full time RE investing is NOT a licensee to the good life its a license to work your butt off take huge financial risks and hope and prey your right and if the market goes against you like happened in 07 to 09 your screwed. Or you buy crap properties in Ghetto war zones. either way its tough.

On the flip side you hit it right your that one in 50 who can actually pull it off and its a great lifestyle and income reward can be super for those without formal education like myself.

@Joshua Springer 

  This is exactly how the foreign investors have been duped into buying junk Ghetto War zone us properties.. your words verbatim

@Anil Samuel 

  agreed.. the only time we did that was when I had business in Oregon and CA. NO sales tax in OREgon so buy a 50k car and save 8% right off the get go as opposed to buying same car in CA. Also license it for 4 years for 120 bucks.. CA would be 2 to 4 k.

@Curt Davis 

 in part thank BP for all these folks running around thinking they can be in the bizz and wholesale properties when they have not a clue.

A true wholesaler has CASH buys the asset then resells it.. any one flipping contract is just a bird dog and lowest rung on the totem pole in the investing world.

But hey got to start somewhere.  I think a lot of these wholesaler wantabees would just get a RE license and act as RE agent to get started would get a better feel for the bizz and wasting peoples time.

@Curt Davis 

Have seen enough nasty crappy houses to last a life time  No need to see them on TV

I like looking at the exotics ... some nice stuff in Tuscany as well.

@Curt Davis 

Buying Alaska

Buying in Carib

buying in hawaii

@Jerry Puckett 

  Your assuming I know how to search I have never searched anything. I just read and respond. Plus non of my 1000 plus post are ( welcome to BP so nice your here :)

I truly never heard of the yellow letter.. I have done many direct mail pieces in my day I grew up with it.

My dad as I mentioned above sold lots for Boise Cascade in the 60's.. he did not like getting two to 4 company leads a week so he bought a printing press put it our garage and I would after school print out 1000 or more door hangers . then on the weekends he would take me and 2 or 3 buddies out to the areas he wanted to advertise in and we would drop 2 to 3k door hangers  ( circa 1968 to 1974) my pop would end up with 20 leads all self generated and he was a top salesmen in those days.. Then the leads would come in my mom would call and set appointments my dad would do in home presentations and then meet clients at the property and close the deal..  This is the environment I grew up in.

So yes I know it well.. and did it for 10 years.. but then never did direct mail again. So fast forward and now instead of door hangers you have direct mail... I have certainly seen my share.. walking into homes I bought at courthouse steps and the old owners left stacks of letters and post cards they received prior to losing their home. 

So ya I am old school and ya I am not going to search anything I just ask questions and try to contribute the best I can

@? Nope never heard of it  I have only been on BP since jan or feb but I have 1005  post since then... and I listened to a few minutes of your pod cast thingy  like what you said some did not like your sales approach but those that did not don't understand the mechanics of how to sell.. I my self grew up with my dad that worked for Boise Cascade selling lots in the CA foothills of which I am sure your very familiar with those projects. And hanging around 50 sales guys taught me a few things about selling..

A good salesmen will outsell someone who may be book smart every day of the week

But you could not say that on your pod cast but I got it.

And is it not the goal to get the deal but also keep your morals and integrity in tac people need to be led into the deals If you just say hey what do you think call me if you decide you will get far and few call backs. Just ask a car salesman !

@Curt Davis 

  being in the timber business for many years flying timber stands was standard procedure and the only way to effectively cover lots of ground.. People love Aerial Photos.. but google changed all that my old partner just uses google now to search timber.. I was thinking maybe google could do the same thing on houses. 

@Michael Quarles 

  Ok Mike your making fun of me......