Another obstacle, this one way to close to home. My wife told me she'd rather become a Realtor then do this Real Estate Investor stuff. In her words "I can make more money and I don't have to lie to people to get them to want to work with me, We weren't told the truth about having access to hard money, and our ability to do this with bad credit. I'd rather spend my time finding people who want to list there homes with me than finding people who are motivated sellers, there's way more of them and I don't like having to placing ghost adds to find cash buyers".
Needless to say, I feel knocked down, but not out.
__________________
Then you wont have to look for a realtor to work with, you'll already have one in your pocket.
Cheers!
Best Regards,
Anita
(Licensed Realtor-Military Vet-9/11Vet)
****
A self-directed realization for 2014 is to:
Live life as if always on vacation and have all the good health, time, & wealth to enjoy it.
Work, only when and IF desired. Helping others do the same. It Pay$ To Connect!
Always In Gratitude.....
look at your wife's mindset as a challenge for yourself: prove her wrong! That should be a great motivation to help you succeed in your rei!
You don't have to place ghost adds to find cash buyers. Join a rei club in your area; you will meet many investors there ready to buy properties. When you wholesale you don't need access to hard money or good credit. Read DG's book 30 Days to Cash in RE; it's all spelled out there, and the book is free!
You have no reason the feel knocked down; that's how your wife feels, not you!!!
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...
Hey Rick,
Real Estate doesn't require dishonesty, that is all up to the investor. I don't like ghost adds either. The best way I found to get buyers is the MLS, to be specific, the solds. The master commissioner sales is also a good place to meet cash buyers.
Don't let anybody talk you out of your dreams, not even your wife.
Thomas
Thanks everyone! Good points by all. I really just needed some encouragement/accountability. I'll have her back on board in no time. I'm up to page 49 in 30 days to cash. Rick
Best buyers and JV partners I found at my local rei club. Also you can become a realtor first, but you will have to disclose that when you do wholesale deals later. Either way, just keep at it and you can still become the investor you want to be! Best wishes!
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.
There are good points to having your license. When you get a listing, you don't have to worry about anyone going behind your back for six months. You have access to the mls and access to deals before they hit the mls. You can deal with retail as well as wholesale. You are constantly in a real estate environment building a network of other professionals and referrals. One of my cash buyers always urges me to get my license and reminds me of how he struggled when he first started to wholesale. Then his wife made him get his real estate license and then he did ten times the number of deals he did without it. Now he puts together million dollar funds to buy and rehab properties. Bottom line is, there is more than one way to skin a cat. Let your wife get her license and challenge each other to see who makes more money in the first year and see if my cash buyer was right.
Sometimes is hard to get your spouse to see the opportunity you see or the vision you have. I would say show her by your results, go and get a couple of deals done. Bring her to one of the real estate investment club meetings in your area. Then if she still doesn't want to jump on board let her get her real estate license and have her apart of your team and she can submit offers for you and give you insight on the MLS.
Reynold Orozco
Ditto to what everyone else said I also am thnking of getting my license & it helped what I think TRSD said we are constantly in a RE environment so it can only help & not hurt to hve your licsne, our license. My wife too was very & is skeptical, she says what youv'e only done 5 deals just quit it doesn't work.
And to that I say poo, I am going forward no matter what, what else are we going to do go get an hourly job? Heck no. Yea I am just quietly showing everyone including my wife that they are all wrong but I don't try to convince her I just change the subject.
God bless.
Tony
Go faster do more! GFDM!
I'm a Realtor with my RE License in Escrow.
I don't want to have to pay close to $1,000 to join The Association, and MLS Dues. I was about to have it activated as a Referral Agent instead. I only have to pay a small fee a year to be a member of a Referral Company. Then I started to wonder if its better to not be practicing, so I can start a Real Estate Investment Firm. The Legality of RE Investing can get confusing, and worrisome. Bird Dogging, acts like a Referral Agent. Assigning. also seems to be a problem. Can someone with knowledge of this field, please let me know what your take on this matter is ?
Thanks,
Lisa
To Days of Prospering,
Lisa
If thats all you have to be concerned about become a team, she will see the light later on and then decide what you will do, there is benefits of a license and disadvantages for some, get over it and move foreword, much success, Jim
jbischoff
I had the same thing going on in my life until I had enough (this is me not what you should do) and as I have said in the past on deans stage you have to drop kick the naysayers from your life. Was the hardest thing I have ever done.. so much more than that too.. but if I can do this in Santa Barbara county you can do it there as well. She is wrong and I want you to show her a shut up (and support me check). The one I carry around is a 51k check from my third of a deal (yea I said third)that closed on Friday the 25th of april 2014 while at the edge event in AZ.
Not having a goal is worse than not setting one..
http://www.deangraziosi.com/real-estate-forums/investing-journals/92139/... -
http://www.deansmedia.com/play.php?vid=266