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All Forum Posts by: Scott Bell

Scott Bell has started 12 posts and replied 26 times.

Post: Asking the wrong Questions

Scott BellPosted
  • Fayetteville nc
  • Posts 26
  • Votes 6

@Jaron Walling Thank you, I have read Rich Dad, Poor Dad, and I will take a look at The Millionaire Next Door.

I completely agree mindset is the most important thing to get right before someone gets started looking for success. 

Post: Asking the wrong Questions

Scott BellPosted
  • Fayetteville nc
  • Posts 26
  • Votes 6

So today is day three of my Investing journey. I have evaluated a few properties and have not seen my missing home yet. I have been a little shocked that about half of what I got is telling me I am wrong or that what I have already done is a waste of time. 

I realize that I will make mistakes and not everything I do will be the best choice. But I was surprised that I got any negativity at all, so I sat down and asked myself why. What I have come up with is that my thought process is wrong and the way I word questions is wrong. I have been asking in a way to have people solve my problems when my intentions are to learn what others have done in a similar situation and to let people know what I am doing. 

Going forward I will only put down what I am doing, and see what people have to say about that.

Post: Getting started, using apps to maximize time.

Scott BellPosted
  • Fayetteville nc
  • Posts 26
  • Votes 6
Originally posted by @Jonathan Greene:

"I have little to no time as is to get out and search" is not a recipe for success for a new investor. This will not work and apps will just help you generate minimal activity that you don't have time to respond to anyway so I would spend more time figuring out how much time you can square away for REI. We use DealMachine and love it, but no apps for driving for dollars work if you can't follow up, you don't have a framework for response, and if you just send out the same boring language everyone else does.

You are right, if an investor that buries the keys to success in excuses they are done before they start. The purpose of this post is to find the tools to maximize efforts. Everyone has the same 24 hours but those that can leverage tools and other people can achieve more per day. 

So I look to people like you that have achieved what I'm striving for hoping to learn the tools that will make me more efficient. 

if you are willing to share your framework that has led to your success. I would be happy to implement it into my model. 

thank you for your thoughts 

Post: Getting started, using apps to maximize time.

Scott BellPosted
  • Fayetteville nc
  • Posts 26
  • Votes 6

Now that I am underway, What are some good ways to start finding those off-market deals? I have little to no time as is to get out and search. what I would like is what do the lovely people in BP forums think are the best apps new investors can use to maximize time and increase the search volume. 

In the video, I saw when I signed up Brandon talked about apps used for Driving for dollars. What are those and what else is good to use?

Thank you that is great advice, I have started a spreadsheet with the BP calculators to design a streamlined analysis process

I have read books, talked to people and saved some money. Now it's time to take action and get my first deal done. My actions steps are 

1. I have a year of investor carrot, 

2. saved 70K 

3. set up my LLC

4. signed up for Bigger Pockets Pro

Now made my first post telling the world I am looking for a SFH with 1400sf +10% for a $100K that needs no more than $25K in repairs that I will finance with Hard money. 

What I need are Agents, Wholesalers, Property Managers or anyone else in the Raleigh NC area that can help me find this lost property. If you have seen my missing property or know someone that may have seen it please let me know. 

If you know what other action steps I need to take please let me know.