Wow, so many investors who started in Real Estate with the goal of buying and selling houses ended up being landlords, and they hated it. Now, I personally love rental houses and own quite a bunch of them, but listening to these sad stories all the time led me to focus on finding buyers.
I had this same experience: I had to get a loan to buy a house I put under contract but could not sell right away.
Luckily, I had a mentor who told me to forget everything I ever learned about real estate and who took me through the ropes on a new way of investing - and that is finding what people wanted and not what I thought they should have.
Real Estate investing, if you do it full time, is not a hobby that you get in and do on the side like you see on TV where people flip houses and make a bunch of money. Yes you can do it but the TV shows are dramatized crap that does more harm than good in my opinion. They make people think they can go out and get a junker property, put a bunch of money in it, and sell it really fast and make a killing.
Wake up and get real! Most of the time it does not work like that in the real world, and you will find it out really fast. Really know what is going to sell before you put time and money in the deal.
To find the buyers and ask them what they want is the only way to do it. If you know how to set up a system that does it automatically, it becomes a very easy process. Learn the secret that most of the gurus don't tell you: how to find out what will sell before you buy. - 15224
I had this same experience: I had to get a loan to buy a house I put under contract but could not sell right away.
Luckily, I had a mentor who told me to forget everything I ever learned about real estate and who took me through the ropes on a new way of investing - and that is finding what people wanted and not what I thought they should have.
Real Estate investing, if you do it full time, is not a hobby that you get in and do on the side like you see on TV where people flip houses and make a bunch of money. Yes you can do it but the TV shows are dramatized crap that does more harm than good in my opinion. They make people think they can go out and get a junker property, put a bunch of money in it, and sell it really fast and make a killing.
Wake up and get real! Most of the time it does not work like that in the real world, and you will find it out really fast. Really know what is going to sell before you put time and money in the deal.
To find the buyers and ask them what they want is the only way to do it. If you know how to set up a system that does it automatically, it becomes a very easy process. Learn the secret that most of the gurus don't tell you: how to find out what will sell before you buy. - 15224
About the Author:
About the author: Jesse Davis is an experienced wholesaler in the Jackson, Mississippi, Real Estate market. He has wholesaled over 80 properties this year alone, and he teaches a seminar on how to really be successful in today's market. Click here to learn how to find all the buyers you will ever need to build a massive monthly income in Real Estate today
