All Forum Posts by: Tiffany Milan

@Ramsin Jacob   Sometimes the best things that happen in our lives begin accidentally. You had to take that journey to find your true calling. I am glad that you figured it out and was able to start something on your own. That's great. Yea Ramsin, I am starting to see the hands-on nature of this business. It is time to get started. Thank you so much!

@Dennis M. Education is key. I love how careful you were. I am not sure if I would have read 52 books before I started, but I am asking you for advice. I have read books and attended seminars and worked for credit agencies that ran title searches, so I am not completely clueless. I'll tell you what, I will be looking for a mentor. I definitely need someone to bounce ideas off of.

That was a great answer. It definitely made me think. Thank you 

@Jim K. Interesting. Thanks for sharing your knowledge. You are absolutely right. In order to do this business, there is a paradigm shift that must take place. I can deal with judgmental people and rejection, I mean all a homeowner can say is no.  I have run other businesses and setbacks happen. Thanks again for the reality check.

@Bryan S. I am so glad you were able to turn a negative into a positive and not become jaded about REI. That story alone will be something for me to consider moving forward. You definitely have to watch out for dishonest sellers. What a snake!

Thanks for your reply and good luck. 

@Asa Valentine I think that I will try a few cold calls. I have a good idea of my niche. I think I am expecting to be a scholar in REI overnight. It is going to take a combination of real-life experience and education to become a skilled investor. This is one of those situations that theory is great and needed to help you understand the basics, but once you are in the trenches, you have no control over what may happen. The interesting thing is that that could go in a good or a bad direction. Whatever it is, I can't wait to see. Thank you for responding, you sound like my kung fu teacher. No fear!

@Timz Valenzuela That helped quite a bit, thank you. Now that is my idea of doing due diligence. Wow. Congrats I am happy that you succeeded and was able to choose good investing options. I am networking and constantly learning at the moment. I have even found a partner to fund some of the projects and help me lay down some groundwork, but if that falls through I have some creative fundraising ideas. So Timz now that I have some time to learn I can try to find potential cash buyers, a title company or attorney, and maybe I will think about talking to a realtor. First things first though, I will have to take baby steps before talking to realtors. I don't want to do too much too soon. Thanks again!

@David H. Thanks for responding. I plan on researching and even attending a class or two if I can. I also read plenty of books and plan on having a good understanding before I even think about touching a contract. I have always wanted to be able to do something like this because I want to help people in bad situations. It is very important to me that I do REI right and give newbies a good name.

@Kate J. That's a heck of a sign. I hope that will be me one day soon. Thanks for the short, but very sweet answer.

@Jessica G. Exactly. I am almost at that point now. Thank you

@Caleb Heimsoth Agreed. You can't start anything without doing at least a little research. I have gone to seminars, listened to podcasts, read books, and I even worked for a credit agency that ran credit checks on people and reported to the IRS. I still have some things to learn, but I already have an idea of what to say to them. I will be starting soon. I won't know until I try, right?

@Frank Wong Thank you for your reply. I am starting to realize that there is no magic formula. The best thing you can do is know your numbers, pick a small section (preforeclosures, absentee owners, tired landlords, etc) and stay laser-focused on that niche. I am starting tomorrow. Tax assessors and cold calling here I come.

@Bryan S. Sorry to hear that sounds like a real headache. Fortunately, you didn't let that deter you and that's what I like to hear about, PERSEVERANCE. Please keep me posted about your situation if you can. Thanks for wishing me well and sharing your experience. I will definitely file that in my mental Rolodex.