All Forum Posts by: Michael Grant

Sorry to waste anyone's time but I have to know.  Especially since I never new a whole wholesaling company would be profitable it seems like more pressure and competition to me!?

@J Scott, @Gordon T., @Brandon Turner, @Josh Dorkin, @Eve W., @Timothy Joost

Good morning!.  I care to hear your feedback?My name is Mike and I am an upcoming real estate investor.  Upcoming because I have not gotten my feet wet yet, but have been doing the research, securing the knowledge from books and taking a real estate class.  I feel at this rate I will get to the next level which is closing my first deal.  I hate to waste your time with my real restate history, but I found BiggerPockets around 2 weeks ago which lead me to a website called Myhousedeals.  Upon registering for an account I entered my phone number and someone from New Western contacted me and said that I requested to get contacted.  Which I am pretty sure I did not.  I am happy for some kind of help, but understand that all help may not be good help!!

My thought!!!...

Like if, I want to wholesale why would I network with these guys that obviously have it figured out already and are ultimately my competition.  Don’t get me wrong doing a deal with NW over Joe Smo could be beneficial if they would be willing to split the deal with me or are just willing to let me experience a deal from start to end.  But I feel that they will have fees that maybe disclosed but would evidently cut into the 50% deal.  (Application fees, consultation, clearing titles, etc.)  Would the risk be justified if only to secure my first deal I mean they are initially supplying the leads and suppose to follow through until the deal closes? (When reassigning the contract depending on the deal I won’t be able to tack that big of a fee onto the deal anyway).

My questions are as follows:?

• 1. Should I meet with them ?

• 2. Do you feel that as a wholesaler this avenue of approach would be beneficial?

• 3. Has anyone done done any more business with them since your first encounter?They say they have multiple agents on site maybe there are REI among their ranks.

I know it doesn’t hurt to go talk or network with people because you never know who you can meet, but I can be a push over sometimes and would want to leave knowing that I didn’t buy something I won’t use or get in a situation that may cause me money that I don’t have.

Sorry for the Long message, but any light or information you may be able to shed on this subject of New Western would be greatly appreciated.

Thank you for you time,

Mike

@Rachel Leonard sorry for the slow response been a little busy this past weekend.  I hope you enjoyed yours and had a good V- Day.  I have started listening to the podcast and I have been trying to search through the forum post that I think would most benefit me, but I cannot lie and say that it isn't a lot.  I treat it like homework and the funny thing is that no one is telling me to do it.  I do have a lunch-in that Azeez K.  has invited me to and I look forward to seeing the turn out and meeting like minded people like myself.

I would like wholesaling to be a means to an end for me as well and I wanted to clear up some more of my student loan and credit card bills before I use my VA Loan. I do not have funds saved at this time or any kind of savings and that is another reason why I chose to do Wholesaling first. I really think if I can get my first sale out the way it would help me build the confidence I think most people lack during start up.

I would like to send you a Colleagues request and start following you if that is alright?  I do appreciate the time and the response.  I haven't found my first sell yet, but I have faith that I will soon.  Until next time

Lates,

Mike

@todd Campbell Thank you sir!  I am not familiar with GaREIA, but i am looking it up as we speak.  I am noticing that everything in Atlanta is competitive.  Any advice for a new comer? 

@Antonio Coleman whats up man thanks for the greetings! I look forward to this adventure as well. I have been sorting through this website like homework lol it is a lot especially with the 100+ podcast. I been on youtube and in barnes and noble for a couple of weeks now trying to brush up on loans and my real estate history. I am trying to do wholesaling to start what part of REI are you in?

Hello fellow RE Enthusiasts, my name is Mike and I'm back.  A few years ago (06) I was married, in the military, and pretty happy.  I have always had a passion for real estate from watching HGTV to DIY missions.  Lol and my wife, hated it... 

I always understood the landlord side of things and actually rented out a room in our single family home for most of my military career (7yrs).  (Lol the part she hated) That income gave me the financial freedom that I know I miss today.  I took classes at an Exit reality company in Hinesville, Ga,  discovered how bad the market was on top of a divorce i was so not ready for and had to hit the work force.

Currently I just graduated school (ITT-Tech) for Architectural Drafting and work for a HVAC company.  

My goals in real estate is to learn as much as possible. I consider myself a risk taker, but I am also passionate about most things I believe in and give 110% towards ( I blame that on the military). I would love to find a mentor/friend to bounce ideas off, I am so ready to find my first property because win or loose it will be a win just to get my feet wet. I would still love to use my VA Loan to get a duplex or multiplex of some sort. I want to start Wholesaling first because I think initially it is the least risk, it could rid me of the rest of my debt and help me do bigger deals to tap into rentals. Im a firm believer of residuals and know that with hard work, and dedication it is attainable.

Thanks for reading and whether your in the GA area or NY if you write me I write back.

Mike Grant