View Full Version: Getting Started In Residential And Commercial

Getting Started In Residential And Commercial

sbell09
2008-11-30 17:00

Let me start by apologizing if this post is in the wrong section. Over the past 6 months, I have read and read and studied as much information that I have been able to get my hands on. I truly want to make real estate investing my full time career and want to get there as soon as possible.

My situation lies here, I feel like I have done so much preparation (studying, reading, est an LLC, set up a website, signs, cards, some networking) but I have yet to really have any big leads let alone able to close on any deals. I feel like I am going backwards by going nowhere! I know that I need to do something but right now I am just at a stalemate and feel like I am going nowhere.

If anyone has found themselves in a similiar situation when starting out, any information or tips would be greatly appreciated! I know I am on the verge of good things but just cant seem to get over that HUMP and need help!

Thank you!


bargain76
2008-11-30 20:14

My first 1/2 dozen deals, I partnered up with an experienced investor to give me the courage to forge ahead when I saw an opportunity.

You may need to do the same. [addsig]


smitnlit
2008-12-01 15:32

Sbell,
I'm in the same boat. Don't feel bad. I've watched the market for 3 years and actively been searching for my first deal for the past 14 months. We are very close to closing my first deal. Can't say it's going to be the most profitable and we've definitely made some mistakes on it, but I have two exit strategies in case we find ourselves in hot water and both will either let us make some money or break even.

I'm chaulking the first one up to a learning experience, and will hopefully not make mistakes on any more.

I think you'll be fine. I found that I was being way to conservative.

Good luck.


Word Cloud


make preparation much morei boat section forge going experience commercial post even either feel getting apologizing definitely made started full greatly estate ourselves sameaddsigsbellim cant months studied know good anyone really soon want dont searching information closing chaulking alone exit things luck verge residential youmy conservative hump stalemate experienced both leads real close fine helpthank tips first able find will possiblemy networking same have courage backwards strategies ahead past actively case partnered like truly need opportunity when dozen right years youll found market themselves think lies profitable give watched hopefully just water this time being appreciated nowhereif very some mistakes read hands over seem cards deal start similiar there weve break investor studying learning career deals would starting done something most signs money reading with been here website wrong situation investing nowhere