All Forum Posts by: Rory C.

Alexander Bustos Thanks for the message...there is a BP meetup in Las Colinas??

How do I find out about where and when it is?

Wendell De Guzman - thanks for the tip! I have never heard of that strategy before. How would an option contract like that appoint control of a property to me?

Ryan Enos Dan Shoemaker - I reached out to Jerry Puckett, hopefully he connects with me! Do you guys think finding a deal and closing it by the end of this year is an achievable goal for a rookie?

Dan Shoemaker Mehran Kamari John Fossetti - thank you guys, very much. This site is already proving to have been a good investment, I am thoroughly enjoying the camaraderie and am overwhelmed by the kindness.

I do have a question that I thought of last night. My friend and I are meeting this weekend to develop our business plan and marketing strategy...it will only be Day 1, but we hope to accomplish a lot. With this task comes an important decision - my old boss/mentor taught me to always have an end game and think 3 steps ahead of everyone. With that being said, I figured the obvious plan of action would be to compile a small list of buyers before searching for properties. However, the more forums I read I have come to realize that a lot of buyers wish they were just approached with a deal...not a lead...a negotiated deal. The wholesaler/buyer relationship would then be built off of the deal closing.

Can anyone attest to these scenarios? Should we focus on establishing a buyer's list or getting a deal under contract first?

Best,

Rory

Thank you for the replies and encouragement friends!

@Mehran Kamari - I would say starting out the focus is on wholesaling, but in the future my interests center on Buy & Hold for positive cash flow and also would like to try flipping. I am open to anything. Do you have any advice on setting measurable goals?

My name is Rory and I am excited to be here on BiggerPockets! I am 27 and live in the Dallas area and come from a great family that I am very proud of. For most of my adult life, I have believed that true wealth and security can come from smart investing in real estate. My family hasn't always been financially secure, so now is the time for me to make sure mine will be.

I began working for a real estate investor while I was in college on short sales and foreclosures. I started out bird dogging, going door to door with a foreclosure list and eventually worked my way up to managing 30+ properties throughout the entire short sale process with their respective lenders. I admired my boss for turning his life around, taking charge, and giving a kid like me a chance. Once I moved back home, I took a job for a big mortgage company and got to see how things worked on the opposing side. I definitely prefer the investor side!

I currently work as an account manager for a healthcare recruiting firm with my focus being on physician recruitment. However, I feel that now is the time for me to start my own path of real estate investing. A friend and I have always had entrepreneurial spirits, so we decided to start a real estate wholesaling business. I have learned that this is a way that most of the "gurus" got their start and it is a creative method to use when we don't have much start-up cash or credit.

During our researching and learning process, I realized that most of the questions I've had have been answered on BiggerPockets - which is what brought me here! I know that real estate investing is a job and will come with hard work and ups and downs...but for the sake of my success and the security of my family, I am willing to do whatever it takes. I look forward to making new friends on this site and increasing my knowledge about this business that excites me so much.

"I mus create my own system, or be enslaved by another man's." - William Blake

Sincerely,

Rory