All Forum Posts by: Nancy Brook

 Thanks, Ashley! I really do appreciate all the encouragement and support. :-)

 Thank you, Bhairavi! You are so sweet to say that. 

Hey Andrew - I'll message you. Don't want it to appear that I'm promoting anyone but I did get such great value for my money. 

I have one apartment, one condo and one house we vacation rent. I may add another condo here shortly. I self manage two through VRBO and hire a cleaning service for one. The other I have a property manager for because the fees are too expensive for maid service in the area--more than a full property manager. 

Wishing you continued success!

 Couldn't agree more! I have cards that have my name, email and phone number. More important I get THEIR card and figure out what they are looking for in an investment. 

I don't know one thing about India investing but I'm intrigued. Wishing you much success!

 Thanks for the well wishes, Brandon!

I didn't get training with a local investor but someone who is an expert at virtual wholesaling. My goal is to be able to live anywhere and not have to do things like look at the properties or meet with sellers. I do everything via phone and email and have my guy on the ground to take care of home inspections, repairs or whatever else is necessary. I also have my attorney who has a title company take care of closings. All my closings are mail away.

I paid for training with expert who is not local. The money I spent is well worth it as I got up to speed rather quickly and have already closed on two deals and have two more under contract which should close in August. My expert recommended postcards, though I'm sure letters will work as well. I think the most important part is learn a technique from someone and follow their system until you start getting results. My advice is to find someone who is kicking butt and is willing to train you. Many successful investors will not take on training clients as they are busy with their own deals. Then you can play around with different techniques. 

In terms of mailing, I found it best to split up mailing so I have a consistent stream every week. I'm sending out about 500 postcards on weeks when I am doing my calls. I use the same list twice to save on pulling a new list every time, which can be expensive. DO NOT wait a few months. You need to gain momentum and that requires consistent mailings/calls.

@Matt Slakey@Jordan Williamson@Ryan Billingsley@Jeanie H.@Stephanie Dobbs@Jon Klaus@Tim FitzGerald@Zack Broaddus@Mike Baker@Andrew Bondarchuk

Thank you so much for your well wishes and support! Made my day. :-) 

Hi Amy!

I rented out rooms in my house for more than a year. I was traveling at the time extensively and wanted someone home for my dogs, planning on living in Florida and wanted to have someone watch my house in Montana. It worked out great except for too many dogs in the house. 😳 I thought it would make sense to have pet owners live with me but it was a big, furry mess! So I wouldn't recommend people with animals. The boys were great. I loved having them there.  

That being said, I'm not sure I would do this with my family living in my house. You could always start with one tenant and see how it goes. 

My comments on your questions below. 

1) I'd suggest starting with a lease that is standard through your state's department of realty. Ask others in your state for suggestions. 

2) I'd include utilities as part of the package. Sounds too complicated to split it up. You could ask them to turn air off when they are it in their rooms as part of "house rules." 

3) Laundry is up to you. I included use of it. Perhaps you could assign days. 

Good luck! I do think if you're open to the idea, it is a great source of money. I'd do it again but now I live with my boyfriend and it would drive him nuts. LOL

Actually, the best thing I did was attend training through a real estate investor. I learned his system and use his tools and direct mail material. It costs $$$ to do it but I saved time on figuring things out myself. I buy lists through Listsource.