OfflineI have read the book, I have set up the web sites. Now What? I think I will begin to assemble my Buyer/Investor list. I hope to achieve this relatively quickly by accessing web sites and placing ads and also running targeted ads in my local newspapers. This should initially only cost a small amount since money is tight right now.
Achieving my dream of a successful Real Estate business and massive income will mean an outlay of time (in short Supply but available) and dedication (overflowing).
OK I have developed my first few ads now to discover the wonders of the internet advertising. I also called a few local newpapers, some offered free advertising others must think I am already a sucessful investor, where do they get their prices from?
Does anyone out there have a plan for organizing these buyers lists, do I put them in a database such as "Access" or just compile a list in "outlook". Any ideas would be helpful. Also any advice for whether or not I am taking the right track here initially, or should I be looking at another path to start out with.
Another key ingredient that many people seem to forget about is "passsion". One must develop a burning desire for the path chosen. This will add fuel to the fire and get you through the rough days and minor setbacks which tend to derail people.
There are times when doubt and fear enter into my equation, I just put them out of mind instead focusing on the goal and acting as if my goals are already a reality. Doubt and fears I have come to realize are like weeds, if not tended to they will grow out of control and smother all of your plans, so my advice is to weed your garden (goals) of these pesky items often and lay instead the plans for an expansion of your garden, your success.
Wish everyone out there continued success and properity. Talk to you soon
Fulfilling a Dream (Now I need the Advice of Others)
Posted on: Wed, 08/05/2009 - 12:00
Fulfilling a Dream (Now I need the Advice of Others)
__________________
-
- by tonyjgaro
- Login to post comments
I have no money, poor credit & no job. I want to put to practice the "locking" up of a deal via a contract, but it looks like i will need money to verify with an atty. if the contract is right. What should I do?
Maria
I have 2 questions
1. What do you have to verify with an attorney? The contracts are pretty straight forward. Are you talking about a binder when you do set up the purchase agreement, if so this binder can be as low as $50 but it can be anything. The strength of the contract is in the fact that the seller is gaining on the equity share of the home since he does not to give any money to a realtor usuallly 4%-6% depending on the area. Your share comes from the buyer.
2. Are you hiring an attorney prior to the closing if so the attorney fee (usually $400) is settled out of the proceeds from the closing no upfront money is usually exchanged.
The option and assigns seems like a great way to make money without having to put the property in my name, But I want to make sure its recorded and legal so I dont lose the finders fee, do I need a lawyer for this? Is it expensive.
Rando
If I have the option contract filled out and signed by myself and the owner/s can I record this myself? Would I do it at the County Recorders office, do I need to get it notorized or anything? Anybody done this b4? I need some help.
Rando
Congratulations on taking action with real estate investing. I believe you are 100% correct that people need passion to drive them forward A very good quote by Napoleon Hill is as follows "There is one quality that one must possess to win, and that is definiteness of purpose, the knowledge of what one wants, and a burning desire to possess it." If you have passiuon about what you do, you will become a success with the passion to drive you forward with a plan of action. Do not let fear hold you back. As Dean often states, if you know your "Why" you are doing this notheing else matters and nothing else will hold you back! Good luck on all your deals! Believe and Achieve!
-Joe
YOU TUBE CHANNEL - Follow me on my You Tube Channel at Joe Jurek Real Estate Investing Adventures
https://www.youtube.com/channel/UCiko62V79zLKX_owbirAYNA
TWITTER - Follow me on Twitter at Joe Jurek CPA
Joe Jurek CPA
https://twitter.com/JoeJurekCPA