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15 November 2019 | 8 replies
You should build on that momentum and double down on that as the market is red hot right now and RE agent business is booming.
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21 July 2020 | 1 reply
Understanding this momentum is important to real estate investors, policymakers, and local governments, as STEM jobs will likely play an outsized role in economic growth and prosperity during this century.""
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19 September 2020 | 61 replies
Start slowly and gather momentum.
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16 October 2020 | 6 replies
It's going to take time to get off the ground, but if you keep at it, you will gain momentum.
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19 January 2017 | 9 replies
Including figuring out how to draw a cash flow from a W-2 to help build momentum back up in my life.
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10 March 2017 | 9 replies
Idk if that is the case.In my opinion it is a great way to get started and build relationships as well as momentum.
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4 August 2017 | 2 replies
The Best Advice I ever Received – Paying it ForwardSome of the best advice I’ve ever received has not come from expensive seminars or real estate guru’s trying to sell me something.Instead, it has come from experienced investors who were willing to share with me what they had learned.I see many of the questions in the forums that I had when I first got, so in the spirit of paying it forward, let me share with anyone who is interested what some of those friendly pieces of advice were.If you have experience maybe you’ll chime in and add some of the more valuable tips or advice that you received when you first got started.Give it time – Everyone has dollar signs in their eyes when they first get started.Fortunately for me, someone recommended I give the business 5 years before I decided if I could make it work.I shared that plan with another investor who had been in the business for 30+ years and he suggested I give it 10 years.He didn’t explain why, but after 10 years I’ve seen the difference.At five you are just beginning to understand the business.Even at ten years, you’re not an expert.However, after ten years I find that I have enough experienced contacts in the business to solve just about any problem I encounter.I also find that it the time has helped to build a network of investors who trust me.People invest in you, not your deal – Just about everyone wants to know where the money will come from to get started in the business, unless you’re a trust fund baby.The rest of us have to save up funds or partner with other people who have the funds.You may think you have the greatest deal in the world, but no one wants to be a part of it or their terms are outrageous.It all boils down to trust.If people trust you, they will invest in and with you.If they don’t, they won’t.It’s just that simple.Unfortunately, this is momentum thing and will require that people get to know you and trust you.It’s like getting married.Most of us would not want to marry someone we just met last week.The same is true with investors.If you find a deal, the money will be there – This follows #2.If you truly have a deal, then experienced investors will recognize the deal and want to be a part of it.If they don’t, then heed their advice if they don’t feel it’s a deal.If you’re new, you’ll probably have to share a large percentage of your profits with them as they get to know you better.After a few successful deals, you’ll find money will be easier to find and you won’t have to give up as much equity.Stop spending money on expensive seminars and spend your money on marketing – I didn’t personally receive this advice, but I was party to a conversation with a newbie and an investor with over 200 homes.The newbie wanted to know if such and such guru was a good teacher.The experienced investor’s response was, “Stop going to seminars and take than money and instead invest in marketing.
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2 March 2018 | 14 replies
I have momentum now I just need to ride it to the next one which I am already in the process of looking/offering!
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15 December 2022 | 7 replies
I decided to shift focus to Single-family, so I could get momentum going.
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14 February 2024 | 24 replies
In terms of this situation - I can attest to what your broker mentioned about inspections, in NYC/LI the inspection is done *after* offer accepted and *before* contracts have been signed.What you've experienced is unfortunately very common whenever there's a listing that's getting a lot of attention... you had a verbally/written accepted offer and the seller decided to change their mind BEFORE signing any contracts.Your broker probably could have done a better job of keeping the momentum going from the seller's side, but ultimately you can't change the seller's mind if they decide to keep showing the property (not illegal) and collect/negotiate more offers (not illegal).