Martin Guerrero
Can I bring a contractor when viewing houses on MLS?
28 December 2022 | 9 replies
@Martin Guerrero although you can (and often should) bring a GC with you (esp. if you plan to do a rehab), if you want to become a successful RE investor, you should make it a goal to become proficient at evaluating properties (meaning: evaluating problems with the property, likely costs to remediate problems, potential value add opportunities & associated costs, etc.).Ultimately, you want to become almost as good (or maybe even better) at evaluating properties as a GC and inspector. ...Once you get to that level, you become an invaluable piece of your due diligence process, and your due diligence process involves three experienced pros (you, your GC, AND your inspector--which is much better than just a GC and inspector). ...at that point, your due diligence process is multi-faceted and very robust (which is critical to success in RE investing)....you can make your due diligence process even more robust by adding an agent who is highly experienced in property rehabs, RE investing, and who understands how to evaluate properties.Good luck out there!
Beaux Blackwood
1st Investment, Mother-Daughter; How’d I do?
6 December 2022 | 2 replies
But, since I will be living in the main unit, I’m going to be doing the majority of the rehab (it’s something I really enjoy and want to learn how to get proficient at).
Sammy Singh
New puppy, out of the Box
9 January 2023 | 1 reply
Once you become proficient at analyzing deals, start working with an investor-focused real estate agent or anyone for that matter who can source deals for you.
Dean Diamant
What is the common commission for turnkey rentals
16 November 2022 | 20 replies
Because a person who can bring value, having command on (a) how to recognize a deal (b) getting a deal (c) setting up a proficient team of pro's (d) managing such deal (e) recruiting all the resources necessary (f) pivoting through the stages from acquisition, renovation, monetization (g) tenant placement.......
Sam Dorgalli
I want working with investors to be my niche
22 November 2022 | 56 replies
Every investor I helped, every broker I answered questions to, lead to more and more and more hearing of my performance in delivering results, and seeking similar help because it was true, in an ocean of agents near to none are actual proficient as REI professionals, and most who are do it for themselves, not in a manner dedicated to clients.
Jennifer Castaneda
How to use realtors in markets other than where you live?
30 November 2022 | 14 replies
Make sure that the agent you are interviewing is proficient in investment properties and knows the area.
Trevor Ewen
Wholesalers, where do you find your inventory?
13 August 2019 | 13 replies
I couldn't say how SEO because I haven't become as proficient at it as I am with direct mail.
Glen S.
Kent Clothier wholesaler system
26 January 2020 | 49 replies
@Chris Clothier I think the biggest disconnect in this arena of wholesaling is that folks just under estimate the back end work.. and at the end of the day its sales and marketing.. and if they are not proficient at that and have some closings skills etc.. no program is going to bring them to the promise land.IN the what ever its worth category.I grew up in the land business which is pretty much like wholesaling.same process only the lead were generated by door hangers.. and there was no internet so you called and made an appointment.if you ever watched the Movie Glen Garry Glen Ross it was that exact environment EXACTLY.So my dad would have 30 sales men and he would hand out the leads for that week.it was funny some guys would just stare at them.. and they would pre judge them before they even talked to the folks.
Ben Leybovich
Should Newbies Have Access to Calculators?
22 November 2015 | 92 replies
I'll just say that learning to use Excel proficiently for financial modeling has been one of the biggest assets in my understanding of the investment world.
Jon Mccarthy
Frustrated
25 February 2015 | 83 replies
I am not writing a business proposal so I feel no need in having to be proficient in it.