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All Forum Posts by: Marie Tan

Marie Tan has started 6 posts and replied 25 times.

Post: How to Start out - Tips/Recs/Advice

Marie TanPosted
  • Investor
  • California, USA
  • Posts 25
  • Votes 7
Quote from @Neil Mansilla:

Hi all,

I've been scouring this forum for a while now and I love the energy and the tenacity you lot have and it inspires me to reach that level! 

With that being said I'm sitting on some cash and looking for a multifamily house in Bridgeport CT as either an investment or house hacking. Any thoughts or plans you might be able to suggest when first starting out? I understand ill need a property management company as an expense but what other expenses might arise, if there are any solid connections/recommendations you guys can share that would be really awesome!

I'll be looking forward to reading from you guys soon!


N


 I'm using a company now who handles lead generation, marketing, acquisition and disposition, so far dialer and list is the expenses I covered when I started.  

Quote from @Vann Kemp:
Quote from @Marie Tan:
Quote from @Vann Kemp:

Good Afternoon BP, 

Over the past four months I have been reviewing countless youtube videos, podcast, and open forums for real estate investments. I am ready to make the leap in starting my own Real Estate investment business. I want to start with Wholesaling to gain capital to eventually buy my own properties at scale to buy and hold. Want to build generation wealth. 

I have seen paid courses from Pace Morby, Astro Flipping Jamil Damji, etc. These courses seems very specific so I want to see if someone has taken a course that helped them start a Real estate investment company covering maybe aspects of the REI Business. Open to discuss these options with anyone.

Your help is much appreciated. 


I also started with some paid courses to learn. What really get deals and jumpstart my business, is when I decided to hire experienced VA who showed me the rope to get my first deal and following deals. Still with them and we're making 2-3 deals

I noticed that pace Morby mentioned leveraging VA's which I feel have great benefits. I mainly want to have a mentor to help me get my Company off the ground. Learning the ropes to have a great foundation and then movE into different markets.

What courses did you take? Also, VA website to interview candidates? Thanks Marie!

It's actually in a package where I got a lifetime access to mentors who guided all along the way. The VA's are already well-trained and experienced in the business so a big help for me as a newbie. I'll send you the details might can help you as well


Quote from @Vann Kemp:

Good Afternoon BP, 

Over the past four months I have been reviewing countless youtube videos, podcast, and open forums for real estate investments. I am ready to make the leap in starting my own Real Estate investment business. I want to start with Wholesaling to gain capital to eventually buy my own properties at scale to buy and hold. Want to build generation wealth. 

I have seen paid courses from Pace Morby, Astro Flipping Jamil Damji, etc. These courses seems very specific so I want to see if someone has taken a course that helped them start a Real estate investment company covering maybe aspects of the REI Business. Open to discuss these options with anyone.

Your help is much appreciated. 


I also started with some paid courses to learn. What really get deals and jumpstart my business, is when I decided to hire experienced VA who showed me the rope to get my first deal and following deals. Still with them and we're making 2-3 deals a month

Post: Should I create an LLC

Marie TanPosted
  • Investor
  • California, USA
  • Posts 25
  • Votes 7
Quote from @Rob Burgess:

Currently have 1 door. Looking to scale fast with SFH's and small multi's over the next couple of years... I have gotten a lot of conflicting information on whether I should set up an LLC. I know it costs $'s to setup and more $'s in financing limitations (no conventional mortgages), but is it worth it for the risk protection?

Better to have an LLC IMO. I'm wholesaling for a yr now without an LLC but planning to set up this year

Post: More numbers on DNC list than not

Marie TanPosted
  • Investor
  • California, USA
  • Posts 25
  • Votes 7
Quote from @Tom W.:

Hey Everybody,

Just skipped traced a driving for dollars list in batch skip tracer. They indicate which ones are litigators but not on DNC. I used thedncproject.org to find out who is on DNC and more than half of the numbers were do not call, which was a bum. Has anyone had that same experience.

Thanks,


 Half? I'm also pulling a list from a company but so far I got 80-90% accuracy rate from that list and only about 1/8 or 1/4 of it is on DNC

Post: Is wholesaling a waste of my time?? Where can I begin?

Marie TanPosted
  • Investor
  • California, USA
  • Posts 25
  • Votes 7
Quote from @Bonita Woodbury:

I'm a new investor and am using wholesaling as a strategy to build capital so that I can eventually scale to buy and holds. I felt very confident about this plan until actually working deals. Wholesaling is very time consuming, and the return on my investment of time and effort is not always guaranteed or worth it in my opinion. What other strategies would you recommend when getting started in investing with minimal capital outside of wholesaling  (by minimal I mean about $60K of my own money). OR - should I stay the course with wholesaling, keep trading my time for dollars for a while, and learn as much as I can before making riskier investments? 


 I'm a virtual wholesaler. I started with around $1k to set up my team, from dialer to list. I made around $20k with my first deal. Now making 2-3 deals a month because from that investment I made a yr ago. You don't need to invest that much to get started, it's just a matter of having the right people to help you

Post: Looking for REI mentor. Where do I start??

Marie TanPosted
  • Investor
  • California, USA
  • Posts 25
  • Votes 7

I got mentored at same time showing me how it actually done by helping me get my first deal with him and his team. 

Post: Has anyone used My Automated Deals

Marie TanPosted
  • Investor
  • California, USA
  • Posts 25
  • Votes 7
Quote from @Kendra Pringle:
Quote from @Marie Tan:
Quote from @Kendra Pringle:

I’ve been hit up to buy into My Automated Deals and I was curious if anyone else has used them?

 ME been with them for few months.


 how are they working out for you?


 Good so far.

Post: Has anyone used My Automated Deals

Marie TanPosted
  • Investor
  • California, USA
  • Posts 25
  • Votes 7
Quote from @Kendra Pringle:

I’ve been hit up to buy into My Automated Deals and I was curious if anyone else has used them?

 ME been with them for few months.

Post: Being An Agent vs. Wholesaling For A Newbie?

Marie TanPosted
  • Investor
  • California, USA
  • Posts 25
  • Votes 7

Be both, and get a team for your wholesaling career will help a lot.