My very first journal and feeling overwhelmed!!

Well, by no means am I an expert, but my first priority as given to me by my adviser at the Success Academy was to put together a buyer's list. The point being that with so many properties out there you could spend an endless time looking at properties or even purchase properties with no-one to sell them too. And, with that incur more risk.

Once you know what your buyers are looking for you can determine which properties you are looking for, either to buy, assign, refer (bird-dog)or whatever your options are.

I too am just getting started, so if you want anyone to hash ideas out with, feel free to send me a PM.

Susan Boeve

Thank you for the helpful info. I am definitely working on organizing myself and coming up with good marketing strategies. It makes sense to first build your buyers list and then seek out properties. I have my second session with my coach tomorrow, and hopefully he can answer a lot of my questions. How are you doing with the investing so far?

Keep up the hard work!

Kelly, Since your in the academy I would say to abuse them, I mean in a nice way lol, In other words call them as much as you need to. That is what your paying for. build your buyers list but start looking for great deals like FSBO and vacant homes. You can always find a buyer if you have a great deal. I also would try to hook up with other wholesalers that you can network with to move your properties. A lot of people are so focussed on building their own buyers list but never think to use other wholesalers as a resource to get access to more buyers.
good luck
Richie.

I have to agree with Richie.... the academy has been awesome and I have found other opportunities through others that wholesale as well. If nothing else they have in some instances offered me a bird dog fee to pass the properties through them. Something that has worked very well for me over the last couple of weeks is contacting other investors that are advertising properties or "I buy homes" on Craigslist and Ebay Classifieds (in my area). I've sent them emails and had at least half of them respond to me and in all cases where they did respond, I have been able to add them to my buyers list. If you would like a copy of the email I used, PM me with your email address and I can send it to you.

I hope all has been going well with you as well!
Susan

I've just started with the academy as well. I completely understand it is extremely overwhelming. I just had my first session Tuesday, and so I was told to focus on my buyer's list. It is critical for people who achieve great or just medium success, that's what I was told.

I am not sure how the market in your area is but in mine, it is extremely difficult to spot out other investors. They seem like they don't want to be disturbed. Hopefully you will have better luck with finding investors than I can.

Best wishes,
Meshel

Kelly,

I agree with everyone on this post. Build your buyer's list first. Here's another tip. Listen to Dean's conference calls on this site especially the one with Jeff Jensen. Excellent information. Check it out. Let me know your thoughts after you hear it.

Thanks for the feeback. I just listened to the conference call you were talking about and it made me feel motivated again.
It's funny, I have so much ambition, but then I get overwhelmed and crash! I just have to learn how to prioritize my life. This site has been an absolute blessing for me.

I wholeheartedly believe having a deal increases your chances of getting serious buyers and cuts down the problem of properly screening them when you have nothing to offer.

I know its the way of the SA and i've never used them and don't plan to, but there are different ways to do things, and that way is my preference

Building the buyer's list is essential, yep.

But just "do something" (even if it's not that) to keep some momentum.

I have been working on both of these categories.

It appears, now, that I may have sellers much sooner than buyers.

And -- oh well -- that's just the way it is.

With luck (and enticing deals) maybe I can find buyers/investors onsite here.

It's a nail-biter to try synchronizing things to happen in unison.

I can definitely relate to the getting overwhelmed and crashing thing.

That has happened to me along other paths, but not yet here, though it's human.

Don't beat yourself up.

Resist running out into traffic, okay?

~ Sherri

I plan to use a property that we are rehabbing to expand my buyers list. I think one of the problems I have is to figure out what a buyer might be interested in. Now that I am getting closer to where the action is... (I am working with an investor that is doing the rehab) I feel more confident that I am able to find a deal that will be profitable for the buyer/investor.

Roger
The Jaguar Investment Group