It’s been a few months since I started following the program and I just finished my first deal.
So I sent out a 1000 unit mailer and got one person who wanted to sell (only one because I messed up on my offer price). The deal was $1200 for a 5 acre property in San Bernardino County, CA. I bought it and sold it for $3500 immediately.
I made mistakes in almost every step of the deal…Made mistakes with my mailer, made mistakes with my offer price so I got yelled at quite a bit, had awkward phone calls, got the deed written wrong, screwed up recording the property with the county, spent way to much time with bad deals…so I learned a ton. I think my learning curve was big because I knew nothing about real estate until very recently. Because of that, it took a bit more time than I expected but I got it done and my next deal will be so much easier and faster.
The thing that I surprisingly loved was working with the data. At first, I thought excel spreadsheets were gonna suck, but I really enjoyed organizing it once I got the hang of it. I think it’s hilarious because I never thought I’d be the kind of person who’d enjoy handling data.
This is fun. I am really looking forward to my progress from now on.
thanks Steve and Jill
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