We continue our series on the best ways to find deals and we chat about:
Wholesalers - Run your numbers and forget about the $ amount being asked. If the numbers work for you it's a good deal. Take advantage and move forward with the project.
Joint Venture - This is a great way to get your feet wet and learn the process. Partnering with another person that complements your strengths or has experience is a great way to learn while hopefully making a profit.
Bandit Signs - Same as DIY method just on larger scale and you put minimal time in by hiring someone to put out the signs.
Yellow Letters - There are many services that will provide the list and mail it on your behalf.
Cold Calling - They work lists and generate warm leads, then you or a Acquisition Manager, can go on appointments and lock up deals.
Take stock of what resources you have available to you. Do you work full-time, do you have cash saved up. Can you hire people? Do you have the discipline to execute the strategy you think will work?
Our Advice: Pick one or two and commit! Spread too thin and you will most likely do none of it well.
Interested in Real Estate Investing but don't have the time? How about putting your money to work passively. Head over to HouseDudes.com for more information.
If you have any thoughts or questions shoot us an email at email@example.com. You can also find us on Facebook, Instagram, and Twitter @HouseDudes
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Follow Josh Koth and Jack Hoss on their journey towards financial freedom using the power of Real Estate through the REI Rookies Podcast (Real Estate Investing Rookies Podcast). We share our experiences as we acquire rental properties, build net worth, and work towards financial freedom. We are focused on creating wealth through conventional and creative real estate investing while improving our financial education. If you are a fan of Rich Dad Poor Dad by Robert Kiyosaki and Millionaire Real Estate Investor by Gary Keller or are looking for an alternative to the Dave Ramsey, Jim Cramer, Motley Fool or Suze Orman shows we invite you to subscribe today!