I know I have good systems in place and I never truly believed I'd
do my first deal in my first month.
Why new investors not be scared
of doing that first deal, the next one is always easier if you learn from your mistakes.
As far
as doing your first deal - I know how you feel - I teach others all the time about investing and it is very frustrating.
I have
done my first deal with Private Money lenders and am regularly meeting with people to line up new partners for future projects.
I am
doing my first deal outside of this arena and I am getting wildly different quotes / ranges from contractors on the remodel costs.
I mean, how are you ever supposed to
do your first deal if you have such a zero tolerance for error policy?
I am still new, haven't
even done my first deal yet, but I am looking for a group or club in the Grand Rapids area that is concentrated on flipping houses.
I should throw this out there... I haven't
done my first deal yet but would love to talk to other investors about investing in the current CA real estate market and investing in CA in general!
Probably looking to
do my first deal out of state but still following to see how people are doing deals in So Cal.
Most beginning investors allow the lack of financing to be their easy excuse as to why they haven't
done their first deal so they continually seek to learn more about ways to finance deals.
I brought in a new investor who was a commercial airline pilot looking to
do his first deal in Denver.
Dozens of investors have contributed to CashFlowDepot - everyone from 40 - year industry veterans to people who
just did their first deal.
I've been involved in wholesaling about 6 months, I haven't
done my first deal yet, I am a little frustrated but I understand it can take a little time to get first deal.
At Case Study Nights, you will see presentations from members who have
done their first deals to members who have purchased multiple apartment complexes.
When I first started doing wholesaling, it probably took me 3 months before
I did my first deal.
I did my first deal last year in Dec, and looking to do another before the end of the year.
People who went for a ~ $ 42,000 package like the one to which you referred have contacted me in tears pleading for help because they are out of money and had yet to
do their first deal.
I too am in the Minneapolis metro area and am in essentially the same boat as you — looking to
do my first deal this year.
Now the question... I'm still a newbie investor, have yet to
do my first deal.
This is the approach that I took, and when it came time to
do my first deal, she was pushing me when I became a little hesitant.
I had to risk some cash to
do my first deals.
When I was ready to
do my first deal, I took the contract to an attorney for approval.
I am still struggling to
do my first deal.
I am currently learning all that i can about real estate and i am very excited to
do my first deal.
But,
I did my first deal in mid-2017 and I hope to close one this Friday.
We stayed working at our full time 9 - 5 jobs for 3 months until
we did our first deal last October.
Take the emotion out of it, and trust your numbers and the data you have to support your decision and that will help to reduce your risk and hopefully set your mind at ease as
you do your first deal.
You don't need to be an expert in real estate investing when
you do your first deal.
You're going to have to put in some hard work and the time it takes to
do your first deal and then your second.
When I first got into real estate,
I did my first deal when I was 18 - years - old, no money down because I had no money.