Gavin Timms takes the reins today on a live coaching call with St Louis area investor Mike Hamilton.
He’s a member of our new accountability group, and we talk about his experiences investing over the past few years. He learned the hard way how costly it can be to sit on a property for too long. I like to give myself seven days to move a property. Get the property in front of buyers, and you’ll get offers.
That’s why marketing is so important. Hire a VA to do that kind of stuff for you, and you can focus on making the deals. With the admin duties out of the way, you have more time to pursue better leads, and ultimately, make more money.
Mike’s big goal is to make enough to be able to quit his job and pursue real estate investing full-time, while also being able to put away money for his children. I go over investment strategies so that once he makes his first big deal, he can build on it.
We also talk about my number one rule: don’t buy a property if you can’t wholesale it. Sitting on a property ends up costing you money, and wholesaling is your ticket out.
To join our network, as Mike did, go to REInetwork.com/join
Watch and Learn:
Listen and learn:
- Mike shares his experience investing in the St. Louis area.
- The importance of marketing.
- Outsource your admin.
- Wholesaling can save you.
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