If you really want a great coaching program, do your research on it first. There are plenty of forums within this site (as well as all over the web) on which coaching programs are “worth it” and which ones aren’t.
What type of software allows you to find buyers and sellers quickly?
FreedomSoft is the king of softwares that allow you to automate. Other than that, a buyer’s and seller’s landing pages can help you automate leads. I’ve been using interns to do all the “grunt work” in order to automate my business.
I took at Robert Allen class. I was out of work and put the 3-4k, fee on two credit cards, got a bad case of buyers remorse immediately. But I went to the class took a month to study the material and about 3 weeks after that I made 5k on my first wholesale deal. Wholesaled until crash, then I got out.
I am starting out again wholesaling. I like that part of it and I don’t want to be a landlord or fix and sell, etc. This is my niche that I enjoy.
Thanks guys for all the great posts. I am farly new in the industry and these are all great tips. I have being looking into the Graziosi program for myself. Any comments on this his programs??
A mentor is the best way to go.
Why would you only wholesale until the crash? Once the real estate crash came, it made it the best opportunity to wholesale homes. I GOT IN once the crash started. The crash made it easier than ever to find motivated sellers. I understand that it dried some buyers funds up but there are still plenty of buyers out there buying!
Now, more than ever, is the best time to get into wholesaling.
Rei guru, you said you used software- what software do you use?
The market was over saturated, if I remember correctly. There were a lot of bad dealing being done, and I refused to participate. Its different market now but there are still opportunities. There are plenty of foreign buyers if you know how to put together a real deal.
Excuses are a dime a dozen and nothing good ever comes from them. I don’t know about you guys, but I never let the “condition of the market” stop me from flipping homes. I’m gonna go at it both in the up markets and the down markets.
There always been good deals out there but most investors read all theses snake oil books how they can make $50K plus on each deal and when they see there are only going to make $15K to $20 they pass that deal up and I say get out off the way let me have that deal.
At the end of the day you have to do whats best for you. And if you were able to make money flipping sfr in around 07-08 well I am happy for you. I wasn’t.
Now is a good time, the market is different but if you know how to structure and find a deal the money is unlimited.
Would you mind filling us in on which software you use?
Thanks!