I don't consistently track my cap rate, ROI or net worth which I'd like to do more of.

NCREIF (National Council of Real Estate Investment Fiduciaries) is a member-driven, not-for-profit association that improvesprivate real estate investment industry knowledge by providing transparent and consistent data, performance measurement,analytics, standards and education.

There’s a huge difference between winging it and setting up a system that consistently brings in genuinely motivated sellers.Get a website, focus on the 3 pillars of conversion (look it up), and crush it.

if you have limited resources, you need to plan accordingly to your budget.if your budget is Zero, you need to use free marketing methods like calling all FSBO in your area and landlords with houses that are outdatedif your budget is $250 you can use other strategies like skip tracing, driving for dollars, cold calling or door knockingif you have a larger budget you can do Direct mailing campaigns but to hard to find list, where the competition is small Adjust your marketing based on your monthly budget and be consistent for 3 to 6 months to see resultsIf you don't have lots of capital, consistency if the key over time

Here’s how to take it further:Follow up consistently - If someone responds, follow up every few weeks to see if they have new deals that fit your criteria.Be specific - Clearly outline your preferred property type, location, condition, and price range to make it easier for wholesalers to keep you in mind.Build relationships - Try setting up a phone call instead of just texting.

It DOES NOT require a full gut rehab (rehab could consist of new kitchen, new bath(s), windows, flooring, paint, etc.

Waco is a great rental market because there are so many blue collar jobs that provide consistent demand for housing (I have heard that 80% of homes in Waco-proper are non owner occupied) but there is a lack of white collar jobs that would keep Baylor graduates here or bring working professionals from Austin/Dallas. 

There are 4 months of on-time payments consistently.

Now enjoying "retirement" he loves to assist other new and seasoned investors down the path of financial independence through real estate investing.The Thursday meetup is quite similar and consists of several local investors who can attend when they are free. 

Any feed back is greatly appreciated!!