Wow, I talk to so many investors who started in Real Estate with the goal of buying and selling houses yet they ended up being landlords and they hated it. Now I personally love rental houses and own a bunch but listening to these sad stories all the time is what led me to focus solely 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.
Fortunately, I had a mentor who told me to forget everything I have learned about real estate and who taught me a new way of investing - finding out what investors 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.
Well, wake up and lets get real. In the real world you will find out quick the majority of the time it does not work like that. You have to really know what is going to sell before you make a big purchase and sink 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. - 16732
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.
Fortunately, I had a mentor who told me to forget everything I have learned about real estate and who taught me a new way of investing - finding out what investors 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.
Well, wake up and lets get real. In the real world you will find out quick the majority of the time it does not work like that. You have to really know what is going to sell before you make a big purchase and sink 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. - 16732
About the Author:
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
