All Forum Posts by: Antoine Stanley

You have to take the emotion out of it. In sales their are hundreds off no's before yes, don't stop short of the pot of gold. Keep plugging and write down your progress and track what type of response from the areas you send to. You can also find someone to talk to these sellers for you and help you out. Persistence wins everytime, sometimes when I have to deal with to many no's at once I take a break and do something fun for 30 minutes to an hour and get back to it with more ethusiam than I started with. Most investors believe they have to learn all these different techniques to be successful in real estate but I think what seperate the ones who are doing and not doing is their mind set.

Hey Justin congratulations, wholesaling is a great way to get started in real estate. Mr. Gillespie and Mr. Massaro have given you excellent answers to your questions. I would like to just give some tips about starting out if you don't mind. Start advertising for buyers and sellers right away and tell everyone what you do in real estate. Pick areas in your neighborhood and look for houses that are vacant and start tracking them down, because these to me are the best deals. You can use your county tax assessors site to find names and use skip traces like white pages, zabasearch.com to find phone numbers. Hope this helps some and welcome to the club.

I use yellow letters today and get great responses from people selling their home. Handwritten yellow letters make it seem personal to the seller and they want to know who you are because you spent the time to write this letter to them. I simply use some long letters and some short. Different strategies work better in different areas so whatever you choose to do track it and see what results you get because that is what matters.

I wanted to ask that question so that new investors can see the results. Fail your way to success, today is the best time to get started. Because if you wait your to late.

Will learning to much information in Real estate as a beginner stop you from your first deal?

What is your exit strategy?

The option contract is used to get the property under contract for the amount you and the seller agreed on and the timeframe of the option. You can then record that option at the register of deeds,so no one can steal the deal as you promote it. Talking to investors you can tell them about your deal and let them know you have it under contract and you can be upfront about how much your charging to assign the deal. Investors are okay with you making some money just try not to be to greedy I would say. I know with one of my investors I can tell him what I want and he will go to his closing attorney and tell them to pay me x amount in consulting fees on the hud. Just remember to much information is not good, you have to get out there and start talking to investors and sellers and when a deal come go through it so you can learn what works and what does not in your area. Find other wholesalers or join your local Reia. Hope this helps good luck.

When you just start in real estate, try not to overwhelm yourself with all the ideas and strategies that are out there. I have found networking with people in my area helpful when starting out because they can help you find out what strategy is good for you to start in your area and give you some pointers of attorneys, other investors, and paperwork you can start out with. Also I believe it is important to focus on yourself in conditioning your mind to believe you can become successful in real estate. There a lot of new investors that hold there self back because of fear and constantly allowing obstacles and what people say about real estate to stop them.