All Forum Posts by: Account Closed

It's no different than an in-state owner.  If you know how to wholesale in Texas, you know how to wholesale in Louisiana.

You just need to find a cooperative title agent.  If you Texas title agent is licensed in LA, you can use him or her.  If not, you'll have to find one.

The nuances are a bit different state to state due to different state laws, but the fundamentals remain the same.

There are a lot of private money sources for investors out there right now.  This forum prohibits me mentioning any by name.  Just do a search on key terms like "investor real estate financing" and start contacting them.

Personally, I avoid known criminals and felons.  No deal is worth getting beat-up or shot.

Serious buyers are drawn to good deals.  I would check your metrics and make sure that you have assessed your deals correctly.  If you aren't getting any serious interest, you probably haven't.

Ok @Walter Edmondson, here is how MOST (not all) of the seminar industry works.

They get a "poster child", like Kiyosoki to lure you in and create credibility.  Then, they get you to a 3-day "seminar" which is nothing more than a very cleverly written sales script aka infomercial.  (I bet yours is the same one floating around by others, like Robert Allen, 10 years ago.)  They get you pumped up so you can't wait to get out there but realize you don't know enough.  About the 3rd day, they call you to the back of the room and sell you on buying additional training for you guessed it, $15,000 up to $45,000 give or take a couple of thousand dollars.

The "training" is typically nothing more than more infomercial(s) and at the end, you still don't know enough nor have you done your first deal.  They keep you in the funnel until you have spent all your cash and maxed out your credit cards or get wise.

Whoever is using Kiyosoki now is at least the 3rd one.

I am not saying there isn't good training out there nor am I saying this training isn't any good.  I don't know.  I just know what I know about the seminar world and am always suspicious.

In addition, if it is any good, you won't get that much more out of the $46,000 package than you will get out of the $17,000 one.

Yikes

If you have no clue of what to do and no money for training, find out who the dominant wholesaler is in your market and offer to bird dog for him or her.

You will learn from him or her while you earn and avoid the frustration.

If you have some cash set aside for training, I would consider finding a reputable one who comes on-site.  You can read a lot of the stuff posted and "free" info (which from my experience is the most expensive education of all) or get with someone who will drop into your market and set you up so you start making money in the business in weeks rather than months.

That's what I did when I started 13 years ago.  I have recovered my investment in training many times over.

The key is finding the right person.  A lot of opportunists out there who offer nothing of substance but it sure sounds great.  You need someone who will work with you and get properties under contract while there.

If you don't have the cash, try bird-dogging for a while to learn and earn.

Not sure why you would want to withhold the numbers on the front end.  Please clarify.

One of the best trainers I know has launched many successful wholesalers in Florida.