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24 April 2015 | 15 replies
I wanted to openly share a problem I am having and have yet to really fully over come it although I have been able to address and tackle some of the pitfalls I am encountering.I am renovating a downstairs space to create an apartment.I will need anywhere between 8-11k to complete. depending on how much work i do myself and what level of appliances and cabinetry I choose.So far after one year I have only done the electrical. demo. sheetrock and plumbing the plumbing was pretty extensive as an ejector pump had to be installed and the pipe routed over 16 feet across the attic space above the ceiling. a washer dryer connection was made and plumbing for refrigerator sink and bathroom were all completed.I am still so far away doors, both exterior and intererior. flooring. cabinets. appliances. paint. bathroom remodeling.currently I do not have a lot of cash flow because I purchased a Bmw. and the note is eating into my operation budget.I should have waited (that is the deferred Gratification piece)also the occasional hiccup has caused grief like a tree that had grown around my outside water meter. and had to be removed only to have a hot water heater fail the next month. followed by property taxesso it has been five months since I have done anything in the apartment.I can probably manage to put 1000 per month consistently toward this project.It will take sacrifice and not too much personal pleasure indulgences.This would have been the first month I was going to start the doorsbut I started teaching bass guitar so bought a bass then another then another in a five day period.
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9 March 2015 | 1 reply
If the author of this email to me (a somewhat known wholesaling "guru") believes that 95% of the mail you send is useless...So why does he then teach it?
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9 March 2015 | 1 reply
I must have an entrepreneurial mindset, because I keep coming back to running a business.Long story short, I quit teaching when my son was born with severe disabilities.
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10 March 2015 | 7 replies
I'm not saying to take the class, but look at who is teaching it.
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10 March 2015 | 4 replies
@MICHAEL YBARRA Scott, reach out to Michael as he has one of the best systems for probate leads, and teaching marketing to get the phones to ring.
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22 July 2015 | 17 replies
Good job documenting your results.One thing I teach my acquisition team and we require at the office is to summarize the conversation they have with the seller with the following script:W - what is the house WorthO - how much do you OweW - Why are you sellingP - tell me more about the PropertyA - tell me where this property is located or the AreaRe- what are the Re-pairs needed if anyLo - if I offer you all cash and close in 2 weeks, what's the Lo-west price you will sellBased on these answers, we plug these in our Deal Flow Analyzer and it will tell us which among the 10 ways to make money from any deal makes the most sense for the lead.
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22 March 2015 | 15 replies
My mentor sends me great deals that make me money, and he teaches me his niche of distressed properties with owner financing. he makes money off me when I buy deals, so it works for both sides.
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23 March 2015 | 16 replies
Also, this Thursday the guys from flipping Boston are coming to my area teaching their strategy so I'm excited for that as well.
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13 March 2015 | 11 replies
I have learned a ton on BP and I completely agree with the notion of not paying the gurus to teach you stuff they may or may not be doing.
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7 August 2015 | 78 replies
What you learned is what others pay thousands to gurus to teach them.Congratz!