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All Forum Posts by: Steven M. Hughes

Steven M. Hughes has started 4 posts and replied 35 times.

Post: Talking to (Successful) Real Estate Investors

Steven M. HughesPosted
  • Investor
  • Columbia, SC
  • Posts 36
  • Votes 12

I'm getting my start in real estate investing through wholesaling. I had someone that posted on my  to start contacting real estate investors in my area so I reached out to someone that I've seen purchase property in my neighborhood. After talking to him, he told me a few things:

  • Real estate investing was the worst idea he's ever had.
  • There's no money in it.
  • It's a good idea to hold a home after 12 months because the taxes are lower (even though he finished the rehab in 6 months)
  • If I'm smart enough to think about real estate, I should be smart enough to come up with something else that's going to make some "real money"

Needless to say, I'm contacting other investors. Successful investors. Have you had negative encounters like this at the beginning of your investing career?

"Only difference between a winner and a loser is a winner plays until he wins" - Justin Scott

Post: Talking to (Successful) Real Estate Investors

Steven M. HughesPosted
  • Investor
  • Columbia, SC
  • Posts 36
  • Votes 12

I'm getting my start in real estate investing through wholesaling. I had someone that posted on my  to start contacting real estate investors in my area so I reached out to someone that I've seen purchase property in my neighborhood. After talking to him, he told me a few things:

  • Real estate investing was the worst idea he's ever had.
  • There's no money in it.
  • It's a good idea to hold a home after 12 months because the taxes are lower (even though he finished the rehab in 6 months)
  • If I'm smart enough to think about real estate, I should be smart enough to come up with something else that's going to make some "real money"

Needless to say, I'm contacting other investors. Successful investors. Have you had negative encounters like this at the beginning of your investing career?

"Only difference between a winner and a loser is a winner plays until he wins" - Justin Scott

    Post: Newbie in Columbia, SC

    Steven M. HughesPosted
    • Investor
    • Columbia, SC
    • Posts 36
    • Votes 12

    @Paul Timminsthat's some great information! Thanks. 

    Post: Newbie in Columbia, SC

    Steven M. HughesPosted
    • Investor
    • Columbia, SC
    • Posts 36
    • Votes 12

    Thanks for the welcome and well wishes everyone! @Larry FriedI'm going to set up my keywords now. @Christopher Goldieif you're still in Columbia, let's connect. 

    Post: Newbie in Columbia, SC

    Steven M. HughesPosted
    • Investor
    • Columbia, SC
    • Posts 36
    • Votes 12

    . Hey! 

    I've been listening to Bigger Pockets for a week now and I'm ready to learn more and get started in wholesaling to hold some capital for buy-hold deals. Looking forward to learning more around the site! 

    - S. Hughes