All Forum Posts by: Greg Felt

I went to some investment clubs after I saw a guru meeting. and then I signed up with a group that would find deals for you and they have the whole team in place. so all you have to do is sign loan docs and they have a property manager already in place. But I needed to make sure I have enough $ in case I have a vacancy. I know some people say that you should have 6 months of expenses per property. I also got business cards and whenever I went to a guru meeting or an investment club, I would network like crazy and find out what they specialize in and why. there's plenty of people that will help you...and maybe they will partner with you, in order for you to learn and advance in your skill and knowledge.

I hope this helps. If you don't know where to find investment clubs in your area, do a google search. Put in your state and then real estate investment clubs and there are websites that will give you investment clubs in your state and when and where they meet.

With how detailed your plan to this business, I am little surprised by the question in your step 3 of if you really need to get a team of people. Putting together your team is critcial to how you will make your $. Many people just have a piece to the puzzle. they might have a great deal, but can't buy it or can't find a buyer. They might know have some inside info on a new development in the area and no resources to take advantage. After you find the niche that you want to do, then you need to have all the people that you mentioned to help you get thru each step as QUICK as possible....with QUICK being the key word...because the quickness is what helps the motivated seller take care of his problem. Otherwise, he can take his time going the traditional steps of selling his property. I have a friend that can buy a property in 1 day, because he has a good team in place to help someone avoid a foreclosure or bankruptcy.
I would say good luck. but I think you don't need it. You're well on your way.

I think my two favorites were James Smith and Dave Lindahl. But if you keep going to investment clubs and spend maybe $20 and to other guru meetings and keep picking up more knowledge and get business cards and be meeting fellow investors and ask them questions about what do they do and what's their specialty. And why did they choose that specialty. If you don't specialize, I don't think you will succeed, because there is so much to learn. Some of the vendors will offer a money back guarantee after you go to their seminar and decide in the middle of the seminar that you don't like it. But it is very important to NETWORK, NETWORK. Because you can get help from other investors for free.

We have discounted deals available right now. I’m here to help you maximize your cash and credit. Great equity, high monthly cash flow and our own network of contractors, appraisers, title companies and properties management companies already in place.
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Thank you.