This week we held an #IRGChat over our Twitter account all about starting your Real Estate business, we gave some insight of this world as well as we saw everyone who participated opinions! It was super fun and interesting to see other’s perspective regarding this topic, so for this article, we are going to expand a little bit more on our answers!
Q1: How, in your opinion should someone start out on Real Estate?!
A1: This is something we have covered in previous posts, however, the idea of starting out on Real Estate is always a scary one, what should one do, where to go?! Well out best advice is start getting involved in it little by little if you don’t want to go out and risk your money on a deal that might be a fail! So perhaps becoming a Bird Dog is a great choice, or simply see what brokerages around your area are looking for people to work with them! A Realtor who is willing to help you and guide you through this process can be of great help!
Q2: What are the best strategies to use once you start on Real Estate?!
A2: Networking and referrals will get you far in life! Specially in this business! Find people who are willing to share their knowledge and experience with you as well as you share, a healthy feedback can become everything you need in this complicated business!
Q3: Who should you be getting involved with when you start on Real Estate?
A3: Talk to an investor and a Real Estate Agent who are out of your group first! They will be bringing you business and a good connection early on will ensure and guarantee you a far more successful future alongside them! They will introduce you to their clients and their clients, and so on until you are in a great circle of people!
Q4: How can a Wholesale list be a useful tool when working on Real Estate?!
A4: Simply because is the best way to determine how the market is doing at every moment! It’ll help you know how much or how little it’s shifting, the popular areas, the prices, everything and anything you need to know before jumping into an investment! I should probably mention is also a good way to generate a profit as you can invest in those amazing deals!
Q5: How, your opinion does being in an Investment Group help you when starting on Real Estate?!
A5: Knowledge, experience and connections! That’s what you can expect from an Investment Group like us! We’ll be guiding you and helping you through the whole process of a Real Estate deal, how to secure it, how to promote it and most importantly how to close it! Those are the kind of things you can learn when joining an Investment Group!
So there you have it! Those are the questions that were asked in yesterday’s #IRGChat!
Join us next time and share your experience in #IRGChat, at 2 PM (EST), every Thursday!
We’ll have a different theme every week!