All Forum Posts by: Sterling White

Welcome to the site @Jim Kane. Great to see you're venturing into real estate investing! What niche do you plan to conquer? 

As others have stated take this as a learning lesson, @Nick Brubaker. There's plenty of qualified tenants out there. Next time work towards getting security deposit in hand once tenant is approved.

Welcome to the site @Kyle Miles. Are you attending local meetups? May find who you're looking for there.

Thank you for the share @Philip Pape and completely agree. We mainly hold ourselves back from accomplishing what we set out to do.

I wanted to help people get past sticking points was my initial thought when posting the question. I will also post an article as well on here to further address those sticking points to provide more value. 

How are you currently marketing to find these deals, @Andrew Spears? 

Great question @George Despotopoulos. With the little context you have given me here's my reply:

Investors can raise money by tapping into their inner circle i.e. friends, family, colleagues, former work associates. They have to treat those people's money as if it was their own. 

Send a hand written letter to the owner stating you would like to buy their house @Raven Walker. Make sure to include your contact information within the letter. 

Hope that helps 

That is deep @Allen Seto but is true yet for many others looking to break into the industry. At the end of the day we only have so much time on this earth so why not go for it? That thought has always helped me. 

I do not personally use lead lists, @Margaret A. Mann. Driving for dollars to find destressed properties is highly effective as well as sending letters to absentee owners. 

Properties that are vacant or need work is a good start @Raven Walker. I also avoid sending letters to banks. Have you done any marketing campaigns previously, Raven?

Are you attending local real estate meetups, @Terrell Hurston. Get out there and network with other like-minded individuals in your market. You may run into someone to potentially shadow behind. 

Is this your first marketing campaign, @Josh Anders? If so you should be able to get a good deal depending on how much marketing you sent out. May have to hit the same list 2-3 more times to see some real results.  

You hit the nail on the head @Ram Gonzales. Thank you for the input. 

Great to hear you made it past your fear @Paul Winka. 

You're in a perfect position with time on your side @Lorenzo Cabason. The first buy & hold property I acquired I hustled using my TIME and brought the deal to my partner who funded it. Zero money came out of my pocket. Don't let money hold you back.

You're on the right track @Michael Nicholson in my market you have to hit the same list 2-3 times to see real results. The driving for dollars is a good strategy as well.

Biggerpockets.com is a great way to find the people you're looking for Earl. You have to get yourself out there.

Are you attending local real estate meetups @Nathan Johnson? Maybe able to find someone at those events who is in the same niche that can offer some more insight.

Are you able to pay more for a more reputable crew to get the job done quicker, @Account Closed. Out of those 4 you suggested above if you could only choose one model to start out with which one would it be?

What type of marketing are you doing @Glenn Wilkins? There's direct mail, bandit signs, fsbo's, door knocking. Its a numbers game. 

Are you saying the entry price points are too high, @Jared Smith?