All Forum Posts by: Patric Sepulveda

@Jerryll Noorden ok so what do you do? Why is it a joke? Anything tangible or quantifiable would be appreciated.

@Laura Alamery and is podio how you obtain those addresses and phone numbers?

Thank you, I'm glad to hear that it is still an active strategy.

@Joe S. Marketing is a good one. Why buy one deal with $10k when you could buy a flow of deals. There are always ways to finance deals that still result in building your capital. Repeat the process until you are the cash buyer, and you are able to provide the financing

Hi everyone, so I hear a lot of success/startup for finding deals through direct mail marketing. What are some resources or tips that you have that I can look into with this strategy? Does anyone recommend for or against direct mail for finding deals? Is this all old news and I am behind the game? How do you personally find what addresses to market?

Thank you in advance for all your help/support!

@David M. No I appreciate your honesty and advice here. I walked into this somewhat blindly, and so these are the lessons I need to hear

@David M. I hung my license with homesmart, so I have complete freedom at the cost of mentorship. Really its that I had no network of brokerages.

So this builder has a very experienced agent who has been helping me grow for now.

@Jason Ma this kind of advice/tip will never be anything less than refreshing to hear.

@Anthony Keys listen to the bigger pockets podcast and real estate rookie podcasts. Any time that you would normally listen to music, put those on instead. Let your brain absorb the information. If you are working, working out, or studying while it is playing an episode, liaten to it again later. (Your subconscious will remember more than you think).

Buy the "how to invest in real estate" book to find a niche that interests you. Then read two books about that niche.

From there, learn as much as necessary to make you feel uncomfortable but alert about financing. Real estate will never be comfortable, that is why awareness is key.

Now you are ready. At that point you have enough knowledge to start practicing and any other excuse will ultimately land on you.

It can be incredibly rewarding and I will just say to stay focused on your goal, and never let fear push you away from a good deal, or pull you into a bad decision. Congratulations on finding the freedom of real estate investing at such a young age!

@Maria Bakaj oh wow, that is a great idea! I've ve recently had such a great experience, personally, my local cross country mortgage team, and i have been sending everyone that i can their way anyways.

Thank you for this tip! I will most definitely be reaching out to them first thing.

 Negotiating your contract is not part of a contract. I can sit here and negotiate with you until the titanic floats, we may even agree, but if you didn't sign in writing, you are no different than Sailor Timmy who called on the phone and said "how much" and then hung up.

You can't sue someone for taking further action than you were willing to go, or because the world didn't wait for you to catch up. They don't care that your grandfather was a millionaire, they don't even care if you're the next millionaire, they care about who is going to put their name in ink first. Learn your lessons from this and move on as a better investor for the next property. Or don't learn your lessons, and continue to lose deals because you think that the world owes you a favor, the choice is yours. 

P.S. a master bathroom is not an inherent design flaw. They build SFH for just that, single families. Kids can share the bathroom, parents pay for the space, parents get to keep their space. Your inconvenience does not equal design flaw.