All Forum Posts by: Tristin Sellers

@Jaron Walling is that what wholesalers do? I'm just trying to get some extra money and let other people handle the money work and if they let me follow along for that ride to get experience then cool.

My end goal is to get money to invest in some of the property that I find and keep them. I have a goal of by 30 make 1,000,000 in assets and I refuse to not accomplish it.

So I am thinking of going door to door, cold calling and emails/physical mailing properties that look like they could be deals that are not on MLS. Then when I get a general number that they might sell for, give that information to a investor in my area, or out of my area with information like

*crime in the area

*condition of the property

*are there renters in there still?

*is there an eviction process currently

*price of the real estate + repairs

*cost of repair and monthly break downs

*ROI estimates

*Rent prices in area

*average income per family

*other info they want since I'm new to all of this and dont know alot about what is needed

I am new to the investment world and only make 8$ hr at my current job, that just simply won't work for investment so I need to get creative and find financing. For a service such as this what do you guys think is a price?

Is this a good idea if I dont really know what I'm doing? Is there a better way to make money while doing this or something like this?

@Brock Richard I got the name changed :) It was shady geek now it's my name! Sorry about forgetting to update the forum!

@Grant Anderson I guess put that way I have plenty of time and getting credit after some research should not be that hard. Money could be my biggest problem but I'm looking into jobs in real estate to help sweeten the deal with more knowledge about something, like a management company and a realtor (c21 since they help you with the license). As stated above they pay double what I do now with enough hustle. So I can work on my credit and knowledge and give time for both.

@Dillon Dale hey! Thanks for the advice I will take the advice and go into my bank and get a credit card and start on the credit. I also applied for several real estate jobs such as management and centry 21 realtor program where they help you pass the exam and give you a potential job after, making some reserves and down payment with that. Since it pays if not than almost double what I make now.

@Jim Pellerin Thank you very much for the quick and easy info! I will look into those and find what one suits my needs!

Also if anyone knows how to change my name on here it would be most appreciated:)

I want to start by saying a little about myself.

Hi I am Tristin! I am a 21 year old from central Indiana currently between Indianapolis and Lafayette Indiana. I have a large passion for things that alow me to struggle but succeed in the end and involve numbers. One thing I would like to point out is I'm currently going on month one of six in my set time to learn and amass knowledge about real estate investment. So far 2 general strategies intrest me the Buy, Rehab, rent, Refinance, repeat strategy (or BRRRR as people call it) and the trade up method. While the trade up method sounds nice I have been gravitating to the BRRRR method because it looks the easiest to get into.

Now before we continue I would like to add a few things in list format.

1.) I am currently making 8$/hr and live with my parents but I'm looking into getting a job in real estate management and/or mentor in my area that I can ask questions to, bring deals to them in return and learn from.

2.) I have NO credit. Like not a single credit card, nothing my credit score on credit karma is nothing. I dont even know how to get a credit card honestly and have yet to look into credit so I feel like real estate is still out of my reach (for now) but I'm still trying to find out how to make this work because of the old saying

"If there is a will, there is a way!"

3.) I find myself jumping head first into things and failing hard and often to try to avoid my feelings of doubt and getting stuck in looking at just the numbers and what could happen.

I like to read and listen to books and podcast and found this forum from one of the books I got from audible "The audiobook on Rental Property Investing"

My current book list is:

Think and grow rich

Rich dad poor dad -what put the rental property inventing bug in me honestly.

Rental property inventing

How to win friends and influence people

The 25 cognitive biases

So with all that debrief on me, I would like to ask a question

If you had to start again, no money, no credit, nobody you know invests in real estate. What are some of the steps you would take if you had hindsight vision?

I look forward to your answers and taking your thoughts and molding them to my specific situation!