All Forum Posts by: Seth Ferguson

@Nicholas Munford

I started investing because I knew it was a proven way to build wealth BUT things really took off when my son was born. Not sure if any other fathers have experienced this, but when I held my son for the first time, I instantly had a need to do better and be better for him. That's what fuels me. It's powerful.

I'm really looking forward to our meet up on March 19 @ 7pm EST!

If you have a specific topic or niche you'd like me to ask Joe about, please let me know.

You can register here: https://zoom.us/webinar/register/WN_yszLqesiQ_y5PVZ2jeYkrg

@Alex K.,

As @James Wise said, direct mail needs a big budget and at least 9-12 months before you start getting traction. Most people make the mistake of mailing once a month. Your results will improve going weekly for at least the first 6-12 weeks, then every two weeks after that.

If you have the time to put in, start knocking on doors. Pick a neighborhood, own it, and hit every house at least once a month.

@Chris Grebeldinger

I'd also throw in Secrets of the Canadian Real Estate Cycle also by Don Campbell and Kiernan Trass.

Hi @Sal Fichera,

I think you'll find that recruiting agents is a full time job. I'd be careful about undercutting other office splits, as the type of agents that sort of plan attracts aren't usually the ones you want...plus they'll jump when a cheaper options comes available. Plus, at this point, you have no market share, systems, support, etc.

Just throwing it out there...unless you actually want to be in the brokerage business (with its thin margins), you might be better off just doing your own transactions.

Hi @Scott Anthony,

You'll need to start networking with brokers and landlords. Many of the best locations get leased without anyone finding out about it. You will also have to educate yourself about zoning requirements in your community - the town or city will be able to help with that.

Hi @Tony Iaconelli

I'm a proponent of refinancing instead of selling a property. As long as it services itself, even with marginal returns after a refi, you're much better off having it than not over a longterm hold. Take the cash from the refi and get another property.

@Liz Brumer-Smith Geowarehouse is great for demographics in Ontario. Many of the larger police forces now have crime mapping features on their websites.

Register Here: 

Tuesday, March 19 at 7:00pm EST

Joe Fairless is this month's special guest and we'll be speaking about multifamily real estate syndication. This is your chance to speak with, and learn from, one of the top multifamily syndicators.

If you're curious about multifamily real estate, are considering syndicating your first deal, or are looking to grow your multifamily business, this is one meet up you don't want to miss!

***

Real estate meetups are great but…

There are so many successful investors to talk to, but most live too far away to meet in person. Traditional meetups are an excellent way to learn about real estate investing, but the distance and time involved is extremely limiting.

That’s why we created this virtual real estate investing mastermind. By moving a real estate meetup online, we can learn and network with real estate investors across the world.

Join "Purchase to Profits" host Seth Ferguson and a special guest as they talk about the challenges, goals, and life-changing outcomes of real estate investing followed by Q&A, sharing of goals and challenges by participants, and accountability steps for next meeting.

Our goal is to learn from and support each other.

@Eric Stafford

While I'm not familiar with the splits in your area specifically, you do have to "put in your time" more so on the commercial side. There are many residential brokerages that will hire any warm body they can find and play the numbers game with high splits and a large number of sales reps.